In 2008 when the bottom dropped all over, the WTS was affected as well due to their investments in the market (yes, yes). Also the value of their property dropped a lot so they could not sell and take a loss. A lot of the WTS assets, is tied up in property, not cash. I could see more selling of KHs and land, especially those on prime property which has been happening for some time.
Posts by blondie
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17How has 3 years of inflation affected WTC?
by ThomasMore inthe current u.s. administration and the fed says inflation is hard to tame.
it was over 9% at it's peak.
one of the greatest increases is price of food, something that everyone feels to some extent.
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15
Do Jehovah's Witnesses have to buy any of the organization's literature before distribution?
by Vanderhoven7 inwas this ever a requirement?.
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blondie
Yes, jws had to pay upfront. When the Jimmy Swaggart count case was decided that people could not charge for the publications, the WTS suddenly did not charge its members, and for jws and public it was a donation to the Watchtower Society. And at one time pioneers were given a reduced for literature, including subscriptions to be delivered magazines.
"As a publishing company, Watchtower amassed considerable wealth from the sale of literature from the 1800's to the 1990s. There was no need to resort to the same collection efforts typical of other religious groups. This changed in the 1990 with a tax ruling against Jimmy Swaggart. (See the section regarding Jimmy Swaggart in the article Political Involvement) The United States Supreme Court determined despite religious not-for-profit status, Swaggart was liable for tax on the sale of religious material. The sale of Watchtower publications fell under this ruling. Watchtower decided that rather than pay tax on the money it was receiving from the sale of Watchtower literature, it would be better to direct Jehovah's Witnesses to start asking for donations from people who accepted Watchtower journals in the house to house ministry work. This led to a decline in income.
During this same period, the global publishing industry was experiencing a decline in revenue and profits due to the mainstream launch of the internet in 1995. This further exacerbated the revenue declines Watchtower was experiencing from no longer being able to sell its books and magazines.
Watchtower did not need to pass a collection plate whilst it was making money from selling books. When this income stream started to dry up, Watchtower was forced to look to other sources of income, and in the twenty-first century there has been a noticeable shift in two areas, more open requests for donations and changes in the ownership of Kingdom Halls." https://www.jwfacts.com/watchtower/donations-money-solicitation.php
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100
The August 2024 Watchtower controversy and potential further changes
by ukpimo inas an educated guess, the august 2024 watchtower may be delayed because 2 complicated subjects need to be discussed in this issue which haven't yet been approved to be included in the revised shepherding textbook.
perhaps the revised shepherding textbook must be finalised before this watchtower is released publicly.. the 2 subjects may be as follows:.
how to shepherd and appoint brothers based on the removal of the hour requirements, getting to know the brothers instead (does this mean prioritising appointing men who have auxiliary pioneered during the co visit and campaigns or men who are regular pioneers?).
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blondie
Wow, never heard this happen before; and in the age of online technology. Evidently, someone in charge of this magazine did not think ahead.
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22
Do JWs Get Excited About WT Publications Any More?
by NotFormer inmemory from long ago: my old mate from high school lived next door to a jw and was often "treated" to the latest jw literature.
when the "you can live forever in paradise on earth"* book came out, this neighbour waxed lyrical about how good this book was and how powerful the message was.
he acted really keen about it, like it was the greatest thing since sliced bread.
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blondie
As to study copies of the WT, many are repeat copies.
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13
Kingdom Hall Insurance
by NotFormer inthat the wt "self insures" kingdom halls has come up in occasional conversations on here.
how exactly does that work?
do they* actually set aside a portion of the monthly remittance from each kingdom hall and save into a pool to cover damage etc.
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blondie
Some large businesses may choose to self-insure to save money and control costs for their commercial property, auto and general liability coverages. When a business chooses this route, they don’t buy a plan from an insurance company. Instead they set aside money and use it to pay for their general liability, commercial auto and property damage claims.
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Pete Mosier JW/WTS quotes for Nathan Natas
by blondie inhttps://www.jehovahs-witness.com/topic/101671/religion-report-transcript.
https://www.chick.com/battle-cry/article?id=ex-jw-sued-for-watchtower-quotes.
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49
40 Years Ago Today: May 15th 1984 "1914 Generation" issue was released. False prophecy, thy name is WatchTower.
by WingCommander init's incredible how this cover, and also this "series" of watchtower's is burned into my mind.
i was almost 5 years old when these were released.
“1914 and you” — may 1, 1984 watchtower.
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blondie
The WTS has an interesting way to say they are prophesying but not prophets: 1961 "The use of prophesying or the preaching of the good news with understanding and teaching others would result in benefits to those in the congregation and even unbelievers; or ordinary people who might come along could be instructed and come to learn how to worship Jehovah God." Prophesying = preaching (the prophecies written in the bible). But the WTS goes on to try to interpret by using phrases, "the bible does not say, but" and then proceeds to interpret it. (Not supporting WTS viewpoint, just reporting)
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12
Constant Pleas For Money
by NotFormer init comes up from time to time: that the wt's "constant pleas for money" signifies their precarious financial state due to the pressure of the csa settlements.
is there any way of demonstrating that to be a fact?
i ask because i've always been under the impression that "constant pleas for money" is the default state of the organisation, possibly going back to rutherford's time.
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blondie
You might enjoy this:
Watchtower 1879 Aug p.20 (whole article on this link, history of contribution policy from 1879 to now)https://www.jwfacts.com/watchtower/donations-money-solicitation.php
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12
Constant Pleas For Money
by NotFormer init comes up from time to time: that the wt's "constant pleas for money" signifies their precarious financial state due to the pressure of the csa settlements.
is there any way of demonstrating that to be a fact?
i ask because i've always been under the impression that "constant pleas for money" is the default state of the organisation, possibly going back to rutherford's time.
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blondie
When my husband was a ministerial servant, he was told to be sure to read from the platform the letters from the WTS thanking the congregation for their donations; it was a backdoor way of encouraging them to give donations so it would seem like the WTS was not nagging them to contribute...serioiusly
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WTS NEW USE OF TECHNOLOGICAL, SATELLITE ACCESS
by blondie inhttps://freshangleng.com/34262/how-jehovah%e2%80%99s-witnesses-are-making-content-available-to-people-with-limited-or-no-internet-access .
satellite and others for those who cannot access internet!
spread the word (ha).
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blondie
greenhornet....hahaha "jehovah" dish
