Posts by slimboyfat

48

Dose Wt really have that much cash.

by joe134cd in

i realize that wt has got a wind fall of cash through various means.

so my question is in the greater scheme of things is it really that much.

for example let's say with all their real estate and cash on hand they are worth about $20 billion dollars.

slimboyfat

Yeah there are longer clips with more context, but this repetitive video is the main quote.

https://youtu.be/9R5xDf61-8I

48

Dose Wt really have that much cash.

by joe134cd in

i realize that wt has got a wind fall of cash through various means.

so my question is in the greater scheme of things is it really that much.

for example let's say with all their real estate and cash on hand they are worth about $20 billion dollars.

Who knows but it's all adding up: settlements, legal costs, cases found against them. Not to mention the dampening effect on donations of abuse scandals (this hit the Catholic Church hard and is no doubt hitting Watchtower hard too). People simply don't want to donate money when they realise it is being spent defending against abuse claims. So they lose money both ends, and have less money for legal fights at the very time they need it most. On top of that you've got all the other problems of not being able to make money from publishing any more. It looks like a perfect storm of financial trouble.

401

So, the Womens March ... What Is It For?

by Simon in

it seems like mobilizing after the election, which seems pointless.

i keep hearing demands for equal rights but don't understand what rights they are missing exactly.. normally a march is to show the support (and potential votes) for a cause, but ... votes for what?

... and the election happened already.. is anyone else confused?

slimboyfat

bohm it's almost comical if it weren't so frightening. To lie about how many were at the inauguration when eveyone can see the pictures. This is pathological behaviour.

Surely no one will be laughing, neither his defenders nor opponents, when he starts lying about stuff like: detaining opponents he calls "security threats", claiming other nations have committed hostile acts needing retaliation, who is behind terror attacks, intelligence he has received.

401

So, the Womens March ... What Is It For?

by Simon in

it seems like mobilizing after the election, which seems pointless.

i keep hearing demands for equal rights but don't understand what rights they are missing exactly.. normally a march is to show the support (and potential votes) for a cause, but ... votes for what?

... and the election happened already.. is anyone else confused?

slimboyfat

But what is it going to achieve? I thought we already had a legal system for things like this.

Because young men and women, boy and girls, have just witnessed a man become president who has boasted about assaulting women. It is important young people are reassured that this is not normal and most Americans don't support it.

401

So, the Womens March ... What Is It For?

by Simon in

it seems like mobilizing after the election, which seems pointless.

i keep hearing demands for equal rights but don't understand what rights they are missing exactly.. normally a march is to show the support (and potential votes) for a cause, but ... votes for what?

... and the election happened already.. is anyone else confused?

slimboyfat

Given Trump hasn't been charged of the crimes he confessed yet, don't you think it is legitimate for women generally to protest this man being president?

When and if the women he assaulted are able to go to court is a separate issue from protesting the legitimacy of a president who boasted about his assaults on women.

401

So, the Womens March ... What Is It For?

by Simon in

it seems like mobilizing after the election, which seems pointless.

i keep hearing demands for equal rights but don't understand what rights they are missing exactly.. normally a march is to show the support (and potential votes) for a cause, but ... votes for what?

... and the election happened already.. is anyone else confused?

slimboyfat

You have a man who boasted on tape he assaulted women.

You have many women who say he assaulted them just as he said he did.

Why isn't this man in jail?

The fact he isn't in jail is in itself more than enough reason to protest.

52

Russia to liquidate Jehovah's Witnesses' organization

by processor in

http://starconnectmedia.com/2017/01/19/russia-gets-go-ahead-to-liquidate-jehovahs-witnesses-organisation/.

slimboyfat

Man is this fake news. What on earth is going on completely Trumpified.

48

Dose Wt really have that much cash.

by joe134cd in

i realize that wt has got a wind fall of cash through various means.

so my question is in the greater scheme of things is it really that much.

for example let's say with all their real estate and cash on hand they are worth about $20 billion dollars.

slimboyfat

I remember sitting in a field service group on a Saturday morning at 10 a.m. in 1997 when the new yearbook just came out. I think it was the first time the yearbook was published in paperback instead of hardcover. In those days they had the practice of "considering part of the yearbook" as part of the preparation for field service. I don't know if they still do that. Anyway we got to talking about why the yearbook was now paperback. One brother chipped in and said he heard the society was short of money and needed to cut back production costs. In fact he heard this from Jack Barr no less while on a trip to Brooklyn just a few months before. I was in awe at the amazing contacts this brother had in God's organisation and was sure this was a sign the end must be near. Because everything was a sign the end must be near, even if there was no logic to it.

Anyway I think the organisation has been struggling for money for a long time. Ever since they stopped charging for literature in fact. The paperback books were an early sign, but the cutbacks have escalated since then at an increasing rate. Their main source of revenue pretty much dried up. Their financial investments may have taken an added hit in the 2008 crash. On top of that you've got aging bethelites to care for, abuse settlements, building the new headquarters, development of online presence. Billions of pounds from property sales might sound a lot, but it might just be plugging a hole. In the worst case scenario, who knows they may have borrowed against the property already before they even sold it.

All I know is Lett looked pretty convincing when he said they were running out of money, and Herd looked scared when he announced necessary cutbacks. There are many good circumstantial reasons to think they are short of revenue and have increasing costs. Plus they themselves say and act as if they are short of money. I think they may be in real trouble.

48

Dose Wt really have that much cash.

by joe134cd in

i realize that wt has got a wind fall of cash through various means.

so my question is in the greater scheme of things is it really that much.

for example let's say with all their real estate and cash on hand they are worth about $20 billion dollars.

slimboyfat

I think they are short of money. Stephen Lett said they are short of money. I believe him.

Was it also him who said the revenue from the sale of a building only covers a couple of months operating cost?

Plus the $200 million in the yearbook only covers travelling overseers, missionaries and special pioneers. Apparently is doesn't include the cost of bethelites. Unless they are considered under one of those categories?

52

Russia to liquidate Jehovah's Witnesses' organization

by processor in

http://starconnectmedia.com/2017/01/19/russia-gets-go-ahead-to-liquidate-jehovahs-witnesses-organisation/.

slimboyfat

Bad news for everyone. Can't Trump have a word with his friend Putin?

If JWs start decreasing in numbers they'll probably blame it on the Russia ban.