by DATA-DOG 18 Replies latest watchtower beliefs
OK ! so is their anybody out their, who can provide a link for our concerned poster ?
Not anything useful. From my memory there is a Trust that the WT has no control over that gets some income from sources that they would not deliberately invest in.
There are many better documented issues to confront a Dubby with. You do NOT want to appear to be grasping at straws when talking to your family.
Investment Laws in Uk are attractive to the WTS.
Left side under INVESTORS Watchtower Society:
2011
2012
I believe they are involved with this UK Investment Co. (prior research)
http://www.armoniainvestments.com/
NY Times Names WTS Financial Average:
http://www.nytimes.com/2011/05/15/magazine/is-your-religion-your-financial-destiny.html?_r=0
WTS investment in Africa. 2nd page, right side.
http://www.terrapinn.com/2012/private-equity-world-africa/data/Investorlist2.pdf
Rand Group:
http://en.allexperts.com/q/Jehovah-s-Witness-1617/WATCHTOWER-SHAREHOLDERS.htm
Dirt, Names, Dates of WTS and JW's investments
http://jwemployees.bravehost.com/NewsReports/2015.html
I'm sure there's hundreds more if one really researches as well as shelded, not to mention thousands of KH, Assembly Halls and other real estate/parking lots they own....
Did you read the article you posted the link to? God, I must be a god in WTS average income!
"
ions - including secularism - is Reform Judaism. Sixty-seven percent of Reform Jewish households made more than $75,000 a year at the time the Pew Forum on Religion and Public Life collected the data, compared with only 31 percent of the population as a whole. Hindus were second, at 65 percent, and Conservative Jews were third, at 57 percent.
On the other end are Pentecostals, Jehovah's Witnesses and Baptists. In each case, 20 percent or fewer of followers made at least $75,000. Remarkably, the share of Baptist households making $40,000 or less is roughly the same as the share of Reform Jews making $100,000 or more. Overall, Protestants, who together are the country's largest religious group, are poorer than average and poorer than Catholics. That stands in contrast to the long history, made famous by Max Weber, of Protestant nations generally being richer than Catholic nation
Did you read the article you posted the link to? God, I must be a god in WTS average income!
Less than 20 percent of JWs make $75,000 per year, that's why the WTS is going broke! Their followers have no money to share with "Mother", good idea telling your members to avoid education and "good jobs", quite odd!
"
ions - including secularism - is Reform Judaism. Sixty-seven percent of Reform Jewish households made more than $75,000 a year at the time the Pew Forum on Religion and Public Life collected the data, compared with only 31 percent of the population as a whole. Hindus were second, at 65 percent, and Conservative Jews were third, at 57 percent.
On the other end are Pentecostals, Jehovah's Witnesses and Baptists. In each case, 20 percent or fewer of followers made at least $75,000. Remarkably, the share of Baptist households making $40,000 or less is roughly the same as the share of Reform Jews making $100,000 or more. Overall, Protestants, who together are the country's largest religious group, are poorer than average and poorer than Catholics. That stands in contrast to the long history, made famous by Max Weber, of Protestant nations generally being richer than Catholic nation
What is wrong with the Watchtower investing in hedge funds? For one thing, the Society is a tax-exempt organization based upon the supposition that it is a non-profit institution. (Not to be confused with its non-prophet status) But is it even ethical for a non-profit organization to operate as a hedge fund or to invest in hedge funds seeking maximum profits? At the very least it is questionable and may even violate the rules governing tax-exempt organizations. Ultimately, their avarice may well be their undoing, as it is not out of the question that they may at some point lose their tax-exempt status for this very reason........article continued...
http://e-watchman.com/home/2012/9/8/the-watchtower-society-hedge-fund.html
DD.. have a read of the JAN 15 2013 study WT page 20 par 14,15..... talk about hypocrisy!
If the Watchtower Society is investing in Defence companies, Religion, Booze or Tobacco, it is on the statements they recieve. It is the law in the US. Hedge funds are a little more nebulous and less regulated. ESPECIALLY offshore.
This is one of the first "apostate" claims I came across here and on JwFacts (back when I was lurking years ago) that I gave a lot of thought to, probably because I was beginning to think about investing at that time myself (so I was learning about investments).
I also don' think the investments made by the Watchtower really matter much. One of the best ways to invest (in my opinion) is in index funds. By definition index funds try to mimic the entire investible market (or some broad segment of it) (i.e. Total US Stock Index, S&P 500, etc). Both these indexes hold Phillip Morris (tobacoo/cigarettes). Even if one doesn't invest in index funds, most large stock funds will include Phillip Morris.
I don't really see holding thousands or hundreds of companies, and having a few that are "immoral" would be much differnet than an employee working at a grocery store and sometimes has to check out customers that buy cigarettes. The latter example is "approved" by the org.
That said, if they turn around and judge the Catholic Church or other religions for investing in said companies in a manor similar to the way the JW organization does, then, well, ... that is a problem, I would agree! But only a problem for being hypocritical, not for there being some intrinsitc issue with investing in funds that have a small handful of defense/tabacoo/etc companies.
After all, if one is going to get all worked up and say they shouldn't invest in broad market funds because of the defense/tabacoo companies, then perhaps they shouldn't invest at all since it would be in "the comericial aspect of satan's system", full of "greedy companies." Maybe a slippery slope arguement, but I just think WT investments is a non-issue.
Good points everyone. I guess my thinking is that God's true channel shouldn't have to worry about any investing or asking for money...ever...
