Watchtower 34th Biggest company in NY

by JH 5 Replies latest jw friends

  • JH
    JH

    http://www.newsday.com/business/ny-biz-nytop100private.story

    34th Biggest Company in New york. WATCHTOWER BIBLE & TRACT SOCIETY OF NEW YORK

    25 Columbia Heights, Brooklyn, 11201
    718-560-5000 www.watchtower.org

    Stock symbol:
    Industry: Publishing
    CEO: President: Don Adams
    Employees: 3,181 in Brooklyn (volunteers)
    Revenue (in millions): 951
    Loss (in millions):

    There's no need to stop the presses at the Watchtower Bible & Tract Society of New York now that the Supreme Court has upheld the constitutional right of Jehovah's Witnesses to continue their door-to-door ministry.

    We were very pleased with the decision," said spokesman J.R. Brown, adding that while Jehovah's Witnesses "don't need any government to authenticate this work . . . it is comfo"rting to know that this primitive version of Christianity is still validated.

    The society publishes 24 million copies of ""Watchtower"" and 21 million copies of ""Awake"" to supply more than 6 milli"on Jehovah's Witnesses with the materials for their ministry.

  • JT
    JT

    when you consider that the wt literally sits on top of billions of dollars in cash and assets and has never in thier 130yr history built One hospital anywhere in the world, they have Never opened one college, high school or elementary school anywhere on the face of the earth, the have no abuse center for the community, the wt society has never bought one old yellow school bus so that folks in africa could get not to the WEKLY meetings each week, but to a DISTRICT CONVENTION JUST ONCE A YEAR at least they could rent a yellow school but NOT EVEN A GREYHOUND, but a yellow bus to take the old and sick to the district, instead here you have a BILLION dollar company bragging about the fact that it's members MUST WALK FOR DAYS TO GET TO THIER SALES MEETING

    THERE Is NOT ONE kingdom hall or assembly hall that has been built by the society for folks to worship , instead folks worship under trees and out in the fields- the funny part is the money is actually the contributions of the members

    i recall having a discussion while i was at bethel about this, we had this special report at breakfast that the Zone overseeers use to give when they came back to the bethel family

    and in this exp it was of some old jw who had to walk for days and how we were dogged cause we couldn't take the train if our car broke down to get to the meetings

    I would feel much better if i knew that some of the guys at bethel were buying Benzs,Rolls Royce, Yachts, private Islands, big old Mansions and stashing away Millions of $$ in Swiss accounts for themselves like we see in so many other religions, but the scary thing about wt is that many of these guys actually belive they are being directed by god

    i know some of the guys at bethel who handle money, despite having plenty they act like it is the societys last dime, they are as cheap as they can get and yet they don't personally benifit directly from the money

    i recall when i was the circuit assembly account overseer and when i would work in accounting a the district-

    it was crazy how they protected that money we would have to count it over and over till we could account for every SINGLE PENNY AND I LITTERALLY MEAN EVERY SINGLE PENNY

    YOU WOULD have thought the do was getting a cut, and they would be like

    we need to send all this to Mamma, the society needs this money-

    the mindset was just unreal

  • outoftheorg
    outoftheorg

    Tell us more JT.

    With this kind of money flowing in year after year and no charities being funded, no programs to help the poor etc.

    Where does all that money go? I find it hard to believe that all that money is going into buildings,land, maintainence etc.

    Just who or what is benefiting from this cash flow?

    This question has been in my mind for years and I have never seen a search for the answer or a learned answer.

    Can you enlighten us on this?

    Outoftheorg Of the follow the money for the answers class.

  • freedom96
    freedom96

    Wouldn't it just be a riot if one or several of the higher ups at WTS got caught stealing the money and putting in offshore accounts? That could be the best thing yet!!

  • Roddy
    Roddy

    >>when you consider that the wt literally sits on top of billions of dollars in cash and assets and has never in thier 130yr history built One hospital anywhere in the world, they have Never opened one college, high school or elementary school anywhere on the face of the earth, the have no abuse center for the community, the wt society has never bought one old yellow school bus so that folks in africa could get not to the WEKLY meetings each week, but to a DISTRICT CONVENTION JUST ONCE A YEAR at least they could rent a yellow school but NOT EVEN A GREYHOUND, but a yellow bus to take the old and sick to the district, instead here you have a BILLION dollar company bragging about the fact that it's members MUST WALK FOR DAYS TO GET TO THIER SALES MEETING<<

    Oh, but they built the nice Patterson Educational Center. I wouldn't be surprised if it gets renamed "Watchtower University" some day. LOL Oh, and there is the Patterson Inn where weary travelers can come in and sleep.

    You know what gets me? Brothers and sisters giving-up thousands of dollars to build kingdom halls and then the elders, unknown to the brothers, transfer ownership to the WTS instead of the local congregation. So when I see that the WTS has close to a billion dollars in assets - I wouldn't be surprised if a good portion of that is kingdom halls, assembly halls, and other property bought by private fund but signed-over to the WTS by the elders and traveling overseers.

    Oh, and when the WTS cried for interest free loans, the brotherhood opened their wallets and purses. But when congregations ask the WTS for loans, the WTS will loan the congregation money with interest!

    Gets me mad that I was so blind!

    Edited by - Roddy on 23 December 2002 19:8:43

  • Bangalore
    Bangalore

    Bttt.

    Bangalore

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