hello all,
It seems to be the dream of many here to put the WT corperation out of business. Well, I hate to throw a bucket of cold water called reality on your dreams, but it is not likely to happen anytime soon.
The WT society has annual reveune of about $2.5 Billion. That figure was from recent disclosures they had to file as a not-for-profit company.(well after the worldwide donation arrangement started). Now, if that was treated as normal for-profit corperatation, they would be 536th largest company in the US in terms of annual revenue alone.
But, since they don't pay any taxes on any of that, and have much lower expenses then normal companies, they probably are in better financial shape and could easily be considered a Fortune 500 or even Fortune 400 company. I wonder if Russell ever thought his creation would become one of the 500 largest companies in the US!
Now, I would like a serious answer to this request. Can anyone in this forum cite an example where a Fortune 500 company went completely out of business due to a grass roots effort. I can think of examples where companies of similar size to the WT where attacked by much larger companies (Apple getting run into the ground by Microsoft), but even these attacks were not completely sucessful. At best you force a restructuring, but the money pot is still safe when the day is done. And that is all that really matters.
And, you may use lawsuits in your example. However, that would work for the WT because it is damn near impossible to sue a religion in the US. (Ecclesiastical privilige lets you get away with, even child molestation if you play your legal cards right -- look at the Catholic churuch.) Disfellowshipping and blood are non-legal issues that no court in the US will not touch with a 10 ft pole.
I eagerly anticipate your responses. I would like the name of the company and I'll even take examples concerning any company with at least $1 billion of revenue when it went out of business.
I honestly don't expect many constructive responses, since none of you can think of any examples because there are NONE!
newguy