cognac

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Posts by cognac

• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  Incognito- there's a thread that was just started on that very question...
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  StarTrek - I think there's a lot that would go to the internet, but only when they are personally affected by something.

  If they were to go bankrupt, they'd have to get rid of so much that it would affect personally a lot of the r&f. I.e., having to travel 1/2-1hr to a kh when one was 5 minutes away before.

  Just my opinion though, take it as a grain of salt...
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  Stan - Most would be liquidated before they could declare bankruptcy.
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  Capps - Thats true, however; before the society declared bankruptcy they'd have to massively downsize...
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  "They are not going bankrupt. It's wishful thinking."

  I disagree. I think they'd have to make a lot more cutbacks to avoid bankruptcy. Even Lett said more money is going out then coming in.

  They do have a massive amount of real estate. If they make the proper cutbacks and liquidate a good amount of real estate, I think they should be ok for awhile. But, they don't seem to be making the proper cutbacks. That's going to bite them in the a** if they don't wise up...
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  StarTrek - You are comparing this to a time where we didn't have the Internet. The internet, imo, would make a huge difference.

  Also, if the society actually went bankrupt, don't you think it would show they don't have gods backing? I mean, they can no longer dispense food at the proper time at all... Idk, maybe that ones a toss up...
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  StarTrek - I disagree, because at that point there would be no literature going out, the congregations would be sold or on the market, there would be no governing body anymore... I'd think it would be like herding cats... Maybe in some specific areas with the die-hards. But, before they go bankrupt they'd probably cut the missionaries and Special Pioneers and sell off a bunch of real estate, which will cause at issues with at least some of the die-hards and r&f before they even get to the point of bankruptcy.

  However, there's a lot of other people who have said the same thing you just did...

  Valid point, I guess time will tell...
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  I really think they are moving funds & assets around from one "charity" corp to another, so the corporations that might be held liable in future lawsuits will be officially "

  Don't believe they can just legally hide assets within other corporations. They definitely wouldn't get away with that in the child abuse cases...

  
  

  Everything is ultimately tide to the parent company...

  
  

  
  
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  I think there's at least another 175 mil per year they can cut back on. I.e., letting missionaries and SP's go.

  There's probably another 500 mil in real estate they can sell before they r&f start noticing there's a major problem going on.
• 
  54

  What would you do if the Society Declares Bankruptcy

  by Quarterback in

  1. jw
  2. friends

  special pioneers let go.

  bethel workers laid off.

  construction halts, what's next?

  1. 
  2. 
  3. 
• 

  cognac

  Would would I do?

  Come on here and make fun of them, lol.

  All joking aside, I'd try to support those leaving as much as possible.