Sounds like a creative plan to make it seem like they are 'forgiving' outstanding debts and then immediately ask for a bigger sale in the form of committment/pledge to send % increase each month - forever. It's a sales tactic to upsell.
They will likely leverage the immediate forgivance of the loan as a show of support from the WorldWideWork: "So, brothers, since we ourselves here in our beautifully remodeled Kingdom Hall here in Podunk USA, have received this loving blessing from Jehovah, are we not moved to contribute even more to this provision from the GB? Let us then resolve in our hearts - and on paper - to contribute 15%, or more! above what we have been paying. (or, better yet, just an extra $10 per publisher which is only 2 Frappacino's per month.) We receive so many, many blessings from being part of the WorldWide Brotherhood. We must remember that - as with most privileges - we are sometimes called upon to contribute back so other can likewise benefit." [Read scripture that says: 'You received free, so give free.']
Of course, with the new directive to get pledges, there is no mention/reminder that the recent remodel likely resulted in a transfer of ownership from local elders/cong members to WTS Headquarters (or one of their many, many subsidiaries). There is no accounting for just where the funds are going. My guess is that most of these projects will be outside of the US, and therefore less 'traceable' by the sheeples contributing the most money. The wealthier nations probably had the most builds and remodels in the past 25-30 years. (And I believe WTS took ownership of most of the buildings at the time of the construction project.) So now it's time for the cong buildings in these weathy nations to subsidize the buildings in the poorer countries.
Anyone wanna bet that the 'projects, projects, projects' are remodels with volunteer labor? And the supplies in poorer countries are much cheaper than developed lands. Yet the WTS wants *more* money than what they've been getting. Also wanna bet that they will report on about a half dozen 'projects' that start withing the next year but then not much else once the initial excitement dies down.
I'm guessing if an accounting is ever done on where the funds contributed for the WorldWideWork go and have gone, by *FAR*, the most goes to lawsuits and settlements.
Aren't charities required to provide a public accounting of their donated funds? If not, it should be a requirement to maintain their tax-exempt status.
WTS is not the only shady tax-exempt corporation. But is sure is one of the scammiest.
-Aude.