What they are planning to eventually do with it? Buy off my local pol? Buy Utah and secede? Never mind the advantageous tax treatment enjoyed. This disturbs me.
The vast but little-known fund of the Mormon Church
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Re: The vast but little-known fund of the Mormon Church
#12They have a form of socialism called the law of consecration that Mormon society will live under (I believe they might have lived like that in Salt Lake while initially settling there). My seminary teacher, the sweetest woman you’ve ever met, got VERY upset and yelled at me when I said that it sounded like Communism. It still sounds a lot like Communism, though.
It’s truly amazing that they have 15 years worth of tithing for their members saved up. I have concerns though, when my friends family lives in a house where their youngest kid got lead exposure, and they’re barely getting by, tithing their 10%, but the Mormon church is amassing such wealth yet my friend’s family of five is on food stamps. Something feels off there.
Re: The vast but little-known fund of the Mormon Church
#13How much does the Roman Catholic Church have, especially when you appraise the artwork?
Re: The vast but little-known fund of the Mormon Church
#14Churches should go back to being churches. No reason a religious organization needs a 100 billion warchest. What they are planning to eventually do with it? Buy off my local pol? Buy Utah and secede? Never mind the advantageous tax treatment enjoyed. This disturbs me.
Re: The vast but little-known fund of the Mormon Church
#15not bad for a group that believes in magic underwear, and that a giant space ship will safe them.
Former Mormon here. I'm scratching my head at what is construed as a Spaceship?
Re: The vast but little-known fund of the Mormon Church
#16Re: The vast but little-known fund of the Mormon Church
#17«If the whistleblower’s claim is successful, that person could receive up to 30% of the proceeds collected by the IRS.»
Meh.
Re: The vast but little-known fund of the Mormon Church
#18not bad for a group that believes in magic underwear, and that a giant space ship will safe them.
Former Mormon here. I'm scratching my head at what is construed as a Spaceship?
https://observer.com/2015/12/the-expanse-recap-1x04-mormon-s...
Re: The vast but little-known fund of the Mormon Church
#19That is just what is uncovered in the investment market with one subsidiary. They also own 2% of Florida[0], huge land tracts in Argentina, Oklahoma and elsewhere, and attractive urban real estate in most major metropolises including apartment complexes in PA. They centralize donation collection of tithes and good will offerings such that about 8% stays back at congregations (based on personal observation as the fina…
I get why the churches do it (of course they don't believe in Christ), but why do the exploited masses believe them?
Re: The vast but little-known fund of the Mormon Church
#20Churches should go back to being churches. No reason a religious organization needs a 100 billion warchest. What they are planning to eventually do with it? Buy off my local pol? Buy Utah and secede? Never mind the advantageous tax treatment enjoyed. This disturbs me.