The Watchtower Can't Make A Profit On Printing Propaganda What Will Be Its Next Source Of Income?

by frankiespeakin 15 Replies latest watchtower beliefs

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  frankiespeakin

  With internet access to material published by the Watchtower and it being offered free door to door and at the congregation literature counter it should not be surprising that the WTB&TS doesn't make the same profit as before when literature had to be paid for.

  So the nonprofit corporation must turn to other sources of income, like playing bank with the congregation's money, as well as selling property of which they have a sizable fortune. Beg for more money from the mostly poor rank and file, suggest willing leaving valueble property to the corporation, mandatory tithing, and etc...

  Part of this sellable property are Kingdumb Halls owned by incorporated congregations which thier by-laws give the WT complete control. As times get worse for this corporations I would expect them to be tapping this source of revenue more frequently.

  They are selling all their Brooklyn buildings, and closing down branches and selling the property, and they are selling Kingdom Halls(who gets the money?).
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  sir82

  Real Estate.
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  wha happened?

  They already have it. The publishers and Real Estate
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  blondie

  Under US laws regarding non-profit corporations when the parent non-profit closes down a subsidiary, the corporation only takes over control of the money to be disbursed under the rules of non-profits.
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  heathen

  I am going with the usual shake down of publishers , I do remember at the local cong the demand to pay for the publications as was done prior to the donation arrangement change . What's to be the worry anyway? If they don't have publications and go door to door then the rocks will cry out anyway , maybe more people will listen at that point ,LOL
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  LoisLane looking for Superman

  In the area I was living 30 years ago, they were getting the KHall titles in their Watch Tower Society names.

  Can you imagine how much property they own? From our pocketbook and "free" labor? All over the world? And not one dime on property taxes? It boggles the mind.

  All they did was have the CO tell the local Brothers, this is how we are doing it. And easy - peasy, The Society is now the holder of a paid off mortgage. Yay for them. Are they not among the world's best con artists?

  The Brothers who owned said property, in the area I am talking about, that didn't want to do this, free handover, didn't understand this new way of highway robbery masquerading as a directive from God. They fought this decision, writing back and forth to Bethel several times. The result the father and son, both Elders were removed and to spite them, officially closed their KHall and moved the congo, inconveniently 30 miles away and built a new KHall, with the Society's name as owner. More back story but not necessary at this time.

  The saliviating Governing Body feeds off of our money but like a consuming cancer always wants more. They are greedy for our money to the core.

  They are easily billionaires in property real estate.

  They tell us not to plan for our retirement. How crazy is that? "Let them eat cake", said a Queen before she lost her head.

  Just Lois
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  Finally-Free

  Money laundering?
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  LostGeneration

  Flipping Real estate is good for now. They only care about the next 30 years, then they will be dead.

  The next GB can figure it out.

  Soaking the publishers works too. Keep the three assemblies a year, with their donations built in. Cashing in on estates works nicely, especially with so many children out of the picture because of DFing, allows the elderly to pass on their estate to the cult without guilt.

  I used to think keeping JWs out of college was bad for business, but it doesn't take high rollers to keep them afloat. Just extract smaller amounts from a wider base and the thing keeps on ticking.
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  metatron

  Did anyone see the new 'Good News" video the C.O.'s are showing?

  They already talk about downloading foreign language literature for use in the field.

  metatron
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  DATA-DOG

  ACTION FIGURES?!?!?