by AndersonsInfo 19 Replies latest jw friends
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Watchtower committing to a 5-year lease for sake of orderly transfer is predictable. It’s good business given the size of Watchtower assets and integration in NYC.
The transformation into luxury apartments will demonstrate what a gold mine Watchtower has been sitting on for decades.
I don’t understand the part about speculative investment. Buying real estate is one of the most solid investments going if you have plenty of capital, which Watchtower does.
Marvin Shilmer
I'm a native speaker of Spanish and I find Alfred's translation to be just perfect.
Just one comment, Alfred: "Radio Macuto" is Cuban slang only.
Broken,
Watchtower committing to a 5-year lease for sake of orderly transfer is predictable.
Yes, but since Armageddon is soooooooo close, doesn't this display a total lack of faith that The End is nigh?
does this mean rthey will keep moving depts to the 30 C.H. complex -which is adjecent to to the 25 building on Vine street?
Will they then need to move offices from the 30 CH to the 117 Adams Street complex?
at the Headquarters, they don't go 'door-to-door,' they 'move' building-to-building.
Marvin... Maybe the "speculative investments" being referred to are the African infrastructure projects that will be discussed at the Africa Investment Summit in London next week... There are two bethelites attending this summit...
dgp... thanks! I always wondered where that came from!
it sounds more like a personal opinion that was expressed regarding the "investments". Really not a big deal
Hey Barbara, I usually use Babelfish to translate:
According to a rumor that has run the offices of administration the recent visit to the offices of 25 Columbia Heights could be the new proprietors of the complex, according to \ " radio knapsack \ " theocratic, the Society remains in rent during five years and will be transferring services and offices towards the lateral building. The project is the transformation of the theocratic offices in a zone of luxury apartments, commercial center and aparthotel with SPA. How great provision for all, to see thus as the Society makes money much more to invest it in speculative bottoms and of the sort!
But the last part of it seems weird..."speculative bottoms and of the sort?
WTS is listeded at this current UK convetion: they are on this list as investors
http://btdhedgefund.com/hedge-fund-list/jehovah-witnesses-the-watchtower-and-hedge-funds
I guess a new arrangement was issued by the WTS. Congregations have to figure out their 3 month expense, then forward the rest to the WTS as of april 2011. Not sure if this is true or humor but here's a link http://www.youtube.com/watch?v=hr2Jn0NtMjY
Wow, their making out like bandits. Between the revamp loans and 3% interest and keeping KH, and now Congregations funds........
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Yes, but since Armageddon is soooooooo close, doesn't this display a total lack of faith that The End is nigh?
Watchtower's top leadership has no faith that the end is nigh. They're running a business whose product is religious. It just happens that "end is near" scares the hell out of ignorant/needy/injured people, which creates demand for religious product.
Christian hearted folks don't do what Christian hearted folks do out of fear but because they want to follow a lover of people. Watchtower preys on people inspired by fear.
Now that I've opined something everyone here already knows, I'll just sign off...
Marvin Shilmer
