Posts by Sanchy

138

JW org collapses

by I Faded Twice in

ok so this is a topic i've pondered and go back and forth on.. i can easily see a point where lawsuits cause massive deficits in the organization.

honestly i feel like we are seeing the tip of the iceberg in regards to lawsuits on child abuse.

to me it looks like the property sell offs are to be able to get ready for this.

Sanchy

Actually, WT did not find itself in the red. They never said “operating expenses” were not being covered. They specifically stated “theocratic initiatives” they had planned (building projects, etc) were not being funded as expected.

Even if you what you say is true, costs for planned future expenditures were not going to be met, signifying at best accounting troubles.

As for their announcement regarding "swapping buildings", it says nothing regarding their financial situation. The more relevant indicators of monetary problems were the immediate and seemingly unexpected austerity measures taken beginning in 2015, including freezing most construction projects, laying off thousands of bethel workers, selling kingdom halls as well as assembly halls, etc. Herd himself announced that those measures were taken for budgetary reasons.

Slim gives an excellent summation of obvious WT financial woes here:

https://www.jehovahs-witness.com/topic/6316808367767552/reasons-concluding-that-watchtower-serious-financial-trouble

138

JW org collapses

by I Faded Twice in

ok so this is a topic i've pondered and go back and forth on.. i can easily see a point where lawsuits cause massive deficits in the organization.

honestly i feel like we are seeing the tip of the iceberg in regards to lawsuits on child abuse.

to me it looks like the property sell offs are to be able to get ready for this.

Sanchy

Do you know how much WT made from the sale of Brooklyn properties? 1 billion dollars?
Do you know how much the Mormon church collects in tithes each year? 8 billion or so?

At the end of the day, it doesn't matter whether it is 1 billion or 100. What is important is how much money is going out relative to what's coming in. Watchtower admittedly found itself in the red not long ago, which lead to the austerity measures and the begging for more donations. It seems the sales in Brooklyn injected some much needed cash.

The question is: Will all the cuts they've made in expenditures be enough to make their finances sustainable in the long run?

138

JW org collapses

by I Faded Twice in

ok so this is a topic i've pondered and go back and forth on.. i can easily see a point where lawsuits cause massive deficits in the organization.

honestly i feel like we are seeing the tip of the iceberg in regards to lawsuits on child abuse.

to me it looks like the property sell offs are to be able to get ready for this.

Sanchy

Lol. No, not what I was referring to. I was referring to apathy, THE fatal poison of all religion.
Apathy leads to decline, and with decline, goes the money along with it.

.. ain't that the truth (no pun intended)

138

JW org collapses

by I Faded Twice in

ok so this is a topic i've pondered and go back and forth on.. i can easily see a point where lawsuits cause massive deficits in the organization.

honestly i feel like we are seeing the tip of the iceberg in regards to lawsuits on child abuse.

to me it looks like the property sell offs are to be able to get ready for this.

Sanchy

Well, I for one know that WT can potentially collapse.

.. of course, Gog of Magog might make it happen, right?

138

JW org collapses

by I Faded Twice in

ok so this is a topic i've pondered and go back and forth on.. i can easily see a point where lawsuits cause massive deficits in the organization.

honestly i feel like we are seeing the tip of the iceberg in regards to lawsuits on child abuse.

to me it looks like the property sell offs are to be able to get ready for this.

Sanchy

Some also thought we were seeing the “tip of the iceberg” going 18 years ago:

I'm no part of the "WT will collapse any second now" crowd, but I can sure appreciate the irony in a JW mocking failed predictions considering that, according to Watchtower, my grandparents should have not grown old in this "system of things".

81

How Long Before They Introduce Tithing?

by pale.emperor in

when i was a full-on believing jw i had an obsessive fascination with mormonism.

i read, studied and watched their propaganda with strange interest as well as their apostate mormon books.

i have to say, they have a good scam going claiming that "the lord reintroduced tithing" in the modern age.

Sanchy

tell me how disassociating in 2003 and coming back in 2014

.. Theocratic warfare there with your lying?

81

How Long Before They Introduce Tithing?

by pale.emperor in

when i was a full-on believing jw i had an obsessive fascination with mormonism.

i read, studied and watched their propaganda with strange interest as well as their apostate mormon books.

i have to say, they have a good scam going claiming that "the lord reintroduced tithing" in the modern age.

Sanchy

He's an apologist. I'm fairly sure, though certain he will deny it, he's involved in various apologist blogs. He claims he was "an exJW for 10 years", though if he is who I think he is, he was born into a JW fam, stopped attending mtgs in late teens and decided to "return" and get baptized as an adult. Hardly the description of an "exJW".

81

How Long Before They Introduce Tithing?

by pale.emperor in

when i was a full-on believing jw i had an obsessive fascination with mormonism.

i read, studied and watched their propaganda with strange interest as well as their apostate mormon books.

i have to say, they have a good scam going claiming that "the lord reintroduced tithing" in the modern age.

Sanchy

though he did tell me he's here to "hold us accountable", lmao.

It seems Bobby.. errr, I mean Doubter, is more entertained by exJW subjects than with the "spiritual food" provided by his divinely selected superiors. I don't blame him.

81

How Long Before They Introduce Tithing?

by pale.emperor in

when i was a full-on believing jw i had an obsessive fascination with mormonism.

i read, studied and watched their propaganda with strange interest as well as their apostate mormon books.

i have to say, they have a good scam going claiming that "the lord reintroduced tithing" in the modern age.

Sanchy

Calm the heck down. Re read my post. I said “it stands to REASON”, meaning, you can draw a logical conclusion. I didn’t make a factual statement. I also used the word “probably”, meaning I am speculating. I am happy to admit that

It's why I asked you to clarify your sources, which apparently were none other than your biased speculations. Having been shown that said speculations were wrong, I hope you will be just as "happy to admit" so.

81

How Long Before They Introduce Tithing?

by pale.emperor in

when i was a full-on believing jw i had an obsessive fascination with mormonism.

i read, studied and watched their propaganda with strange interest as well as their apostate mormon books.

i have to say, they have a good scam going claiming that "the lord reintroduced tithing" in the modern age.

Sanchy

Doubter: For those trying to prop up the Mormons and SDAs for their alleged giving back, it stands to reason that social programs are being funded by the government, not tithes:

That statement seems to be nonfactual. None of the links you provided show any statistic regarding the funding source for charitable arms of said churches. The church itself says none of the funding for it's charity comes from government grants. LINK: https://www.ldscharities.org/pages/about-us

Please clarify your sources