Hello all,
I am sure that the topic I am going to introduce has been discussed here many times before but I personally need to a.) vent a little and b.) get feedback from some logically thinking individuals.
Here we go.....
The KH I attend is going to renovated. The total cost is estimated to be $190,000. Of course, the congregations that meet here do not have the money so a loan must be secured from the society. Fast forward a few weeks and at a service meeting the p/o gives a part and hands out sheets of paper and asks all to anonymously indicate how much they can contribute in one lump sum or over a continued period. He also asked if any could loan money to the congregation and that interest could be repaid on the loan but the max would be 3% and if the interest was indeed charged by the lender, how it would cause a hardship on the congregation.
Fast forward a few meetings to another service meeting were the p/o is introducing a resolution that the cong. borrow the amount of $200,000 from the WTBTS of Pennsylvania, to be repaid over a 10 year period at 3% interest.
So let me get this straight:
1. It would prove a hardship on the cong. to repay interest on a loan from a publisher, but not on a loan from the society?
2. Why is the society charging interest on a loan that will help to further "kingdom interests"?
3. Why am I the only person that I have spoken with(both carefully and discreetly) that finds this outrageous? Volunteer workers will do the labor...society provides the supplies that they get a next to nothing cost and the congregation repays the loan with f****** interest.
Unbelievable
ec
P.S. - Correct me please if I am mistaken but doesn't the WTBTS technically/legally own all KH's?