sparky1

Joined

• started 24 topics
• posted 2,414 times   see topics posted on
• send a message

Posts by sparky1

• 
  37

  My sister passed away this evening

  by smiddy3 in

  1. social
  2. family

  it was only about two months ago she was diagnosed with lung cancer and she was a non smoker .. she was never a jw and she never held it against me that i was for 33 years.. we had a good relationship even though we lived in different states about 2000 miles apart,.. tears are rolling down my cheeks as i type this .

  r.i.p.

  sylvia .

  1. 
  2. 
  3. 
• 

  sparky1

  You have my deepest sympathy.
  
• 
  6

  Salesmen working on commission (i.e. colporteurs, Pastor Russell's business)

  by TerryWalstrom in

  1. watchtower
  2. beliefs

  "despite the millions of books and magazines sold by charles taze russell and his tower publishing company, and the hundreds of thousands of tracts and other literature distributed free by zwtts between the mid-1870s and 1900, only around 2600 persons bothered attending the watch tower society's local memorial celebrations in 1899. a significant percentage of those 2600 persons were russell's "colporteurs", who earned their livings selling russell's literature for a profit.

  charles taze russell was absolutely correct when he proclaimed for decades that zwtts was not a religion -- it was a business.

  "_____"zion's watch tower magazine was not owned by zion's watch tower tract society, but rather was a "for-profit" business owned personally by charles taze russell and his tower publishing company, and that the "growing debt" which was "burdening" the work of zwtts was owed to charles taze russell, himself.

  1. 
  2. 
  3. 
• 

  sparky1

  Well redvip2000, at least some of the information about Rutherford's brother can be corroborated:

  https://www.jehovahs-witness.com/topic/5129936010477568/judge-
• 
  31

  All the culty name that were used instead of JWs

  by kairos in

  1. jw
  2. friends

  the truththe society.

  the friends...you remember.

  1. 
  2. 
  3. 
• 

  sparky1

  "The mountain of the house of Jehovah." - Isaiah 2:1 ( Whatever the f__k that phrase means)
  
• 
  32

  Do you know who wrote ...

  by vienne in

  1. watchtower
  2. beliefs

  do you know who wrote the 1959 watchtower book jehovah's witnesses in the divine purpose?

  anyone?.

  1. 
  2. 
  3. 
• 

  sparky1

  I believe that John Wischuk was the primary writer and I think that Chris Zell's father had a hand in it, also. When Chris got married, I stayed in his fathers home on Long Island and this subject came up in conversation. He was out of Bethel service by then with a family but sometimes contributed to the writing staff from home, much like Barbara Anderson did when she first left Bethel service. I recall that he had a hand in writing Let God Be True. At any rate, I could be full of it. Do you recall anything about this, Newboy?
  
• 
  72

  Did you know Banks create money out of thin air?

  by TerryWalstrom in

  1. jw
  2. friends

  banks create money “out of thin air.”empirical studies have been undertaken to prove this thesis and this is the conclusion:.

  in the 5,000 year history of banking, banks have been thought of as “deposit taking institutions which lend money”.. 1. what is the legal reality?

  banks don’t take deposits and don’t lend money.the public is under this false impression on purpose because the language of banks is not legal language.. so--what is a “deposit”?a deposit is not actually a deposit.

  1. 
  2. 
  3. 
• 

  sparky1

  1. Three individuals are involved in this scenario. The creator/seller of the widget. The purchaser of the widget. The bank lending money on the widget. No money was created 'out of thin air' in this transaction. The purchaser desired to own the widget but did not have the funds. He borrowed the money from a bank and gave the money to the person who created/sold the widget. The creator/seller of the widget re-deposited the money in the bank. (Simplified version of a transaction for sake of discussion). The intrinsic value is still in the widget and if the purchaser does not repay the bank, said widget is repossessed and sold. Simple circular transaction. Of course, the individuals 'promise to pay' comes into play but is in no way a 'creation of money out of thin air.'

  2. Credit card usage is not creating money out of thin air either. It is a promissory transaction between the borrower and the card authorizing institution. It is purely a 'promissory note' simplified according to the agreement between the institution and the credit card holder. Again, if the cardholder reneges on his payments, the institution is free to take him to court and attach his assets. It may be a poor lending practice but it is hardly creating 'money out of thin air'. In regards to the lending practices pre 2008 for home mortgages, that too was not 'creating money out of thin air'. That was out and out fraud. Stealing money on paper and hoping not to get caught. Banks bundled too many 'junk' mortgages into derivatives and sold them at a higher 'rating'. It was a case of 'let the buyer beware'; not creating money 'out of thin air'.

  3. The Wells Fargo scenario has nothing to do with this at all. Wells Fargo created false accounts for people that already had money in their banking system. What they did was move money from a depositors regular account into the new false, unauthorized account. In many cases, the original accounts became overdrawn and triggered fees that went into Wells Fargo's bottom line. No money 'was created out of thin air'. Just stolen from the depositors through fraud and added to the banks balance sheet.

  The Mark Twain story is cute. But it has no bearing on reality. If the principle of the story wanted to, he could have just deposited the money and begun to conduct business with his newfound wealth.
  
• 
  72

  Did you know Banks create money out of thin air?

  by TerryWalstrom in

  1. jw
  2. friends

  banks create money “out of thin air.”empirical studies have been undertaken to prove this thesis and this is the conclusion:.

  in the 5,000 year history of banking, banks have been thought of as “deposit taking institutions which lend money”.. 1. what is the legal reality?

  banks don’t take deposits and don’t lend money.the public is under this false impression on purpose because the language of banks is not legal language.. so--what is a “deposit”?a deposit is not actually a deposit.

  1. 
  2. 
  3. 
• 

  sparky1

  In your scenario, a bank is not creating money 'out of thin air'. The lender is extending and expanding credit for a tangible asset (the widget) according to the current market value of the widget. The monetary value is still in the widget and if the person that was extended credit does not pay for it, the bank can repossess the widget, sell it for cash and recoup their initial outlay of credit. All assets have an intrinsic monetary value and that is what banks loan against.
  
• 
  19

  Serious Problems Between Elders

  by ZindagiNaMilegiDobaara in

  1. jw
  2. experiences

  ever encountered or eyewitnessed problems escalating, arguements and rows between elders right at the kh anyone?.

  one such experience was just before the meeting was about to start,we heard raised voices from the second room between two elders.

  a minute later two other elders went into the room and we could all hear that they were trying to cool the situation down with whatever was going on in there.

  1. 
  2. 
  3. 
• 

  sparky1

  Your comments are spot on, Giordano. Everything that you said was (supposedly) why Nathan Knorr was dead set against the Elder arrangement.
  
• 
  72

  Did you know Banks create money out of thin air?

  by TerryWalstrom in

  1. jw
  2. friends

  banks create money “out of thin air.”empirical studies have been undertaken to prove this thesis and this is the conclusion:.

  in the 5,000 year history of banking, banks have been thought of as “deposit taking institutions which lend money”.. 1. what is the legal reality?

  banks don’t take deposits and don’t lend money.the public is under this false impression on purpose because the language of banks is not legal language.. so--what is a “deposit”?a deposit is not actually a deposit.

  1. 
  2. 
  3. 
• 

  sparky1

  JeffT:

  
  
• 
  22

  Do you know which Watchtower publication this picture came from?

  by McLovin in

  1. watchtower
  2. bible

  .

  1. 
  2. 
  3. 
• 

  sparky1

  

  Will someone with the IQ of a bunch of bananas combined be allowed to answer your question?
  
• 
  21

  Have you seen these drawings against medical procedures?

  by ILoveTTATT2 in

  1. jw
  2. friends

  these come from the golden age of june 8, 1932:.

  .

  .

  1. 
  2. 
  3. 
• 

  sparky1

  RubaDub