Circuit Accounts Servants Confesses how the SCAM WORKS!! (page 15)

joker

I haven't seen anything yet. But remember the whole " parking ticket" scam that was used for years?

It’s amazing how many expenses they seem to come up with for a completely volunteer and tax-free organization. The amounts automatically allotted to be passed onto the Watch Tower headquarters from circuit assemblies (now “special assembly days”) sound to me more like arbitrary corporate dividends than actual “expenses.”

It kind of reminds me of how CEOs of large government companies keep conveniently voting raises for themselves (for example, Hydro-electric enterprises).

And, of course, whatever amounts the Watch Tower headquarters recommends for themselves, they know that that is what they will always end up getting, one way or another, as a phantom “expense.”

Juan Viejo2

The absolute hypocrisy of the Watchtower is apparent when they put out magazine articles, Governing Body videos, and local pleas for contributions indicating that one of the major expenses to the Society is the cost of conventions being held worldwide. They treat conventions as contributing toward their "expenses" - when in reality they are income producing "cash cows." And they have been for years.

We all imagined the costs associated with the Society's "International Conventions" (1950, 1953, 1958, 1960, 1963, etc.) that were held in massive stadiums and ballparks. When you think that 250,000 attended the last Sunday meeting in New York in 1958 (spread across two major league baseball stadiums and a fair sized trailer camp) - just imagine if every attendee contributed just $1.00. That's a quarter million dollars for just one day! And that convention and the one in 1953 were both eight-day conventions with contribution boxes spread around everywhere and income producing food service tents in all three locations as well (using mostly contributed supplies and groceries). I have no idea how much "International" conventions actually produced in cash and other donations, but I heard from sources connected with the early 1960 conventions that "all expenses were paid well before the weekend sessions began." What is not usually mentioned is that many local businesses and suppliers also donated funds toward the conventions because they knew their business would benefit greatly (restaurants, gas stations, hotels, etc.) by having such huge crowds flood into New York during weeks when no baseball games were scheduled.

I was fortunate to get to know a former Bethelite that served in New York HQ during the 1950s who was a helper to the NWT translation committee. Among other things he shared with me was the fact that the Watchtower never failed to make huge amounts of money from the summer conventions. Only a few, mostly in southern Europe, failed to make huge profits. In some cases, stadium rents were reduced or paid for by local businesses just to get the huge influx of new visitors during weeks when new customers were limited.

What we all need to recognize is that the Watchtower is made up of several corporations. Few, if any, lose a dime and all have carryover income into the next year no matter what the expenses may have been. Even with all of the payouts, the WT may have to make to cover legal expenses and settlements for child abuse cases each year, those expenses barely make a dent in their bottom line. Then add on the profits from selling all those buildings in Brooklyn and New York City...

The reality is that the Watchtower should never have to plead for money. They have plenty and their cash flow is extensive and continuous. They have cash and investments scattered in family and small non-profits in the USA and other countries. They are like Scientology and the Latter Day Saints organizations - major cash cows that face no real tax liabilities with any consequence. And the side benefits include having control over the hearts and minds of thousands of mental slaves - slaves in hearts, minds, and bodies - to their fairy tale, made up, and clearly unsupportable "religious teachings." They are just another segment of the classic TV preachers who spend all their time begging for money and yet giving nothing back to the poor and confused they are supposed to be serving.

JV

Juan Viejo2

The real question we should all be asking is: Who, specifically, is benefitting from all the money the Watchtower brings in every year. Who gets the dividends? If there are plusses every year, how and what are they used for? Where are all those dollars being moved? Where does the "drain" flush the money left over? What are the objectives of the profits from invested money? Downpayments on new properties and buildings? If so, are those properties and buildings in themselves not profits? Are all buildings and properties (without exception) being used only for Christian functions, training, printing, and expenses?

JV

yoko N

Here's a Japanese version of JT 's video

https://youtu.be/GoLKz-UWmcQ

Hecce

Juan: add to the profits from those huge conventions the sale of the new releases...

SAHS

“Hecce”: “Juan: add to the profits from those huge conventions the sale of the new releases...”

Yes, new releases with per-item production costs of next to nothing (especially now with those thin little magazines, brochures, and tracts), all produced tax-free and by slave labor. And a lot of those new “releases” now are in an online, downloadable format (everything is, right from the Bibles and songbooks to their own in-house videos and animated Caleb and Sophia cartoons) – which ends up costing practically less than nothing!

sir82

The reality is that the Watchtower should never have to plead for money. They have plenty and their cash flow is extensive and continuous.

So why do they do it continuously?

Why reduce branch offices, reduce literature content (not to mention printing), reduce personnel?

They act like they have reduced cash flow. What is the advantage of acting that way if it is not really the case, if their business model is already so successful?

ohnightdivine

Resurrecting this thread.. How does it work nowadays?

Circuit Accounts Servants Confesses how the SCAM WORKS!!

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