Live data from Hacker News

The vast but little-known fund of the Mormon Church

wsj.com

221–230 of 537 posts

Re: The vast but little-known fund of the Mormon Church

#221

Is this a deep, publicity lead to attacking the tax status of the LDS in the USA, as political retribution to Sen Romney ?

Only if we have a time machine that takes us back a few months: https://kutv.com/news/local/washington-post-lds-church-accus...

Re: The vast but little-known fund of the Mormon Church

#223

Earlier quoted context omitted.

The Mormon church tried for years to pretend that their leaders don't make money from the church. That too was confirmed as a lie not too long ago.

They don't get wealthy from it. Those who work for the church full time (with the exception of missionaries) receive a stipend to cover their living expenses and not much else.

[deleted]

Re: The vast but little-known fund of the Mormon Church

#224
post #19

Earlier quoted context omitted.

It always surprises me that wealthy churches pretend to take Christ seriously, when Jesus was not very fond of amassing money. I get why the churches do it (of course they don't believe in Christ), but why do the exploited masses believe them?

> when Jesus was not very fond of amassing money I'm guessing you're talking about the moneychangers being thrown out of the temple ? There are examples recorded in the scriptures of tithes and offerings, and also of a people preparing/amassing the relative wealth/supplies (Noah, Joseph, etc). There are multiple levels of preparedness taught in the LDS church. The lowest, the family, being to only have necessary debt…

> and also of a people preparing/amassing the relative wealth/supplies (Noah, Joseph, etc).

Matthew 19:24, direct 'quote' from Jesus: "Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God." Seems pretty clear.

> being to only have necessary debt (e.g. university or a house)

I work for a Mormon owned company, this ideology even extends there. It's completely ignorant of why debt exists and how it can be used to offset inflation and improve capital expense flows. As a 'doctrine' it's misplaced at best.

> Why does the LDS church do it?

They cite the parable of the three talents, but I think they've gravely misunderstood that passage. The point wasn't for the servants to make money for themselves, it was to share their efforts and work with the world around them in order to improve it for everyone.

God had given them these gifts and they weren't to waste them, not hoard them for themselves.

Re: The vast but little-known fund of the Mormon Church

#225
post #19

Earlier quoted context omitted.

It always surprises me that wealthy churches pretend to take Christ seriously, when Jesus was not very fond of amassing money. I get why the churches do it (of course they don't believe in Christ), but why do the exploited masses believe them?

I find a lot of people invoke Christ, but have little to do with his teachings. Amusingly, his ideas align more with beliefs held by “the young left” than by “the old right”. (Yesyes, bad terms but you know what I mean) And yet the real-world allegiances are inverted.

I’ve been explaining this concept to my Christian fundamentalist family members for a long time. They look at the right-wing as more faithful to the tenets of their religious literature, but I don’t see it. What I see is more of a left leaning set of ideals, that aligns with the teachings of Jesus. I think the population of people that are left leaning and Christian practicing is low and they don’t tend to be as influential on the national stage as the religious right.

Re: The vast but little-known fund of the Mormon Church

#226
post #212

Earlier quoted context omitted.

> It's an organization which does not allow you to leave with your dignity intact. This is definitely not true. As a Utah native and one who left for my own reasons and still has family in the church, I would say that this statement is completely false. The Mormon church does not practice nor endorse any doctrine relating to shunning or harassment. Just because you left with some personality conflicts and bad terms w…

I have a close friend who experienced this. Just because the church has no official policy doesn't mean it doesn't happen. People showing up at your door for years when you've repeatedly asked for it to stop happening, including new addresses you move to after asking not to be contacted again (I've witnessed this personally, and it is deeply distressing and invasive), is harassment no matter what the intention behind…

This sounds like a situation where no one can win 100% of the time. Some people who are left alone after leaving the church complain that they're "alienated" by their neighbors, while those whose neighbors try to keep them involved are victims of "invasive harassment". And those who are content don't mention it, so no one hears about them.

Any time I've heard of someone wishing not to be contacted, I've seen members of the church respect that desire. Of course that doesn't stop everyone (because not everyone may be aware of that desire). Instead of looking to criticize, please try to understand that people are usually just trying to be friendly and respectful, even if it doesn't always seem that way.

Re: The vast but little-known fund of the Mormon Church

#227

Earlier quoted context omitted.

> It still sounds a lot like Communism, though. That is because it is, 100%. If your teacher freaked out over it, she is having trouble reconciling it with the American cultural meme of "Communism is pure evil.", which stems from the Cold War, not religious doctrine. And yes, something is off if a tithing LDS family is living on food stamps. I have had family who lost jobs and had no money, and the LDS church gave th…

I think the key difference is the Church's system is voluntary and communism is not voluntary.

That difference means everything in the world.

Re: The vast but little-known fund of the Mormon Church

#228
post #160

Earlier quoted context omitted.

> I’m pretty comfortable assuming he would have made more money in his life had he not accepted a calling to full-time ministry. Two comments. [1] The Mormon church is a corporation sole, meaning presently Nelson is the sole controller of all assets. He could reasonably set up his family for life with beneficial contacts and contracts. That is worth more than (now probably expired) intellectual property associated wi…

I don’t know enough about the legal structure of [1] to have an informed opinion. Contacts and contracts are always the gift to children of connected parents. I hope to give the same to my kids... ;) I’m sure it happens as it does in any family (hello Biden!) but I’m not convinced it’s more prevalent in the Church than any other organization of people. It’s an interesting thought, but I’m not sure how prevalent it is…

> I’d like to see less of it (and fully expect to as the Church continues to grow globally)

Luckily this plague of a religion has stopped growing.

Re: The vast but little-known fund of the Mormon Church

#229
post #191
post #180

Earlier quoted context omitted.

Are you responding to my comment? I don't see the connection. If I'm mistaken, could you expand a little bit?

I am responding primarily to "Churches should go back to being churches. No reason a religious organization needs a 100 billion warchest." Presumably, the person who wrote this is against religion/mormonism/christianity. If that is they case, they are an outsider and don't really have a valid say in what an organized religion should want. So it comes off as what I wrote in my comment, which is backed up by what they…

You could respond to me directly and I could clarify my position so there aren't mistaken presumptions.

I'm not religious, yes, about that you would be right. I presume you are religious but it makes no difference. Where you fall off though is in assuming I'm anti-Mormon or anti-Christian. Not at all. I have friends that are religious and respect the right to be so 100%.

This is very different from a church with apocalyptic teachings or teachings that at some point the church will become government or political teaching amassing a 100 billion+ warchest tax free. That is flat out fucking dangerous and wrong should not be permitted. Really no other way to put it. My other comments on this thread clarify my position if you care. I'm not in favor of confiscation.

Re: The vast but little-known fund of the Mormon Church

#230

Earlier quoted context omitted.

The Mormon church tried for years to pretend that their leaders don't make money from the church. That too was confirmed as a lie not too long ago.

They don't get wealthy from it. Those who work for the church full time (with the exception of missionaries) receive a stipend to cover their living expenses and not much else.

> They don't get wealthy from it.

Source/citation? My understanding is that salaries and other financials are not public.

Post reply on HN