On the front of the 2016 year book it says that the watchtower is spending $200 million us dollars a year on special pioners etc if they get $1 billion us dollars from selling all the buildings at bethel in new york by my mats that gives them another five years or so.What might happen after that ???? :-)
maths
by pepperheart 13 Replies latest watchtower bible
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pepperheart
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schnell
If you get a paycheck, how long will it last?
But, you'll get another paycheck, right? And another? And more after that? The fact is that they continue to get donations, amazing as that is.
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stuckinarut2
And yet in that money-begging broadcasting episode Lett said that even with the sales of property, they would only have enough "for a few months" of operations....
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smiddy
Didnt Jesus throw out the money changes from the temple ?
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joe134cd
Yes I to have wondered that. 1 billion in the greater scheme of things isnt a lot of money when you consider what they are spending.
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slimboyfat
The $200 million figure is only for travelling overseers, missionaries, and special pioneers.
As far as I can tell this figure doesn't include the cost of keeping bethelites, their travel, printing books and magazines, web presence, broadcasting, legal costs and out of court settlements, and whatever else.
Total expenditure must be much higher than $200 million. The revenue from selling assets may only keep them going for a couple of years, if that's what they are relying on.
It looks like they are in real financial difficulty.
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stillin
Religion is a racket and a snare.
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tiki
I wouldn't put much credence in any financial info they put out there....there a whole bigger scheme under the layers. Swindling the ignorant minions...icing on the cake.
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rebelfighter
How much of NY City property was already financed? Did they see the full sale price or did a good portion go to pay off outstanding debt?