The most important thing I saw was how the siztor said it was Jehoobers blessed that the bank gave them an overdraft. Now that, my friends, is CREDIT without which you cannot live past your means.
lastmanstanding
JoinedPosts by lastmanstanding
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10
LEAKED: WHQ Treasuers Office meeting 2018
by Fay Dehr inleaked: whq treasuers office meeting 2018 [part 1 of 6] https://youtu.be/z17b4_qgpto.
in this leaked 6-part video meeting, mark sanderson leads an insightful look into how the treasurers office and accounts staff operate.
cmc = cash management center - of which there are 3. the cost-saving game is afoot!these clips are unedited, so feel free to add comments..
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Cofty
- Because of bad management and probably a large amount of 'Jehovah will provide' rhetoric, they carried on living beyond their means and selling off real estate to make up the shortfall in revenue.
Living beyond one’s means involves credit. If you are not issued credit, then you cannot live beyond your means.
If you have $5.00 to go to the candy store with, then you get exactly $5 worth of candy, not beyond. Only when the store owner says “take more and pay later” can you go the candy store and walk in out with $10 worth of candy.
The WTS has been eating more candy than they took in. You cannot pay bills with real estate.
”hello electric company, here’s a bucket of dirt from our properties to go towards our bill this month...”
You CAN leverage your properties for credit, but alas, we are at credit again. Any way you slice it, you cannot live beyond your means without borrowing. Period.
The WTS is under water, they owe, and I suspect the amount is grand. I suspect they gorged on cheap credit for years, and the banks were happy to loan it as that is there job. To loan.
And why not, the WTS had a steady source of income and vast real estate holdings to use as collateral. The perfect debtor.
But the perfection is wearing thin. As a bank, you don’t want to hear that a major debtor is being sued repeatedly for child molestation. Also, as a bank, you don’t want to hear that revenues are drying up.
FORCLOSURE
I am now searching to find evidence of bank forclose of WTS. This would explain where the $1,000,000,000 went, and why they are selling properties like mad.
To say that they are selling at the rate they are selling is to cover a historical extravaganza doesn’t balance the sheet.... without credit.
The WTS is a ponzi scheme, and Ponzi schemes do not die a slow death. Once they peak, they fall off a cliff.
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Morpho
You seemed to think leaks were new
You don’t know Jack . You don’t know who I am, or what I’ve been involved with in the past, or what I am presently involved in. I didn’t say anything about a “leak being new”.
You don’t listen to anyone but yourself, you breath your own exhaust.
You are still not a nice person.
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Its noteworthy that we have it. Its worth dissecting and seeing what can be gotten from it. Its interesting and noteworthy from the perspective of seeing their internal sales pitch. None if its new.
Uggh...
There is lots new. New that the borg needs a budget. No longer can the dynamic8 just dictate and Jehoob will make the money flow to back them up. Now they need a budget to reign in spending.
The Borg chariot needed to “get back on track”... this is an admission that it was off track. Imagine...
There’s tons of revelations in here. Too bad some people can’t discern it.
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Morpho, I appreciate it when you bash the org over the head. I’ll laugh all day watching.
But you are not a nice person. You place your opinion above everyone else, and you spend more time bashing others here than you spend doing anything to help the cause.
Your argument about Ray being the big teller and the rest is shite is BS.
I am sure I appreciate Ray as much as the next fella here, and I’ll bet more than you, having a shoe box full of paper correspondence with him over the years and other such.
And BTW, you contradict yourself.
Why don’t you find something to add of value...
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Nothing new? Sorry, the big news is that this info is coming out. I don’t care if it’s 2 years old, just the fact that we are seeing it is momentous.
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Money is flying out the window hard and fast. This is undeniable. The GB would never choose to cut back and cut back and cut back.
If I were the big banks, and Watchtower had borrowed gobs of money, and even if they were making good o the debt structure, I would take into account the growing number of child molestation cases and lawsuits and I would begin to foreclose on the loans.
I would want to get our bank’s money out before the shite hits the fan big time. You do not want to be on the bottom of the creditor’s list.
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
In Vid 3, he says thousands of properties will be sold and this in “income”...
So, in truth, they are selling properties to pay bills.
There’s no getting around that.
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Forensic examination of the financial discussion that begins with video #2.
+ General Revenue
- Operating Expenses
[ - Payments on Bank Debts ]
= Operating
Surplus orDeficit.[ + Begging on JWTV ]
= Still a deficit
I want to highlight that during Vid 2 he said ‘Kingdom halls in must equal Kingdom Halls out’.... at the same time, he said that “properties are from time to time sold and this money goes into the WWW kitty.
You cannot have it both ways. If property is sold, ie KHs, and this money has to go to building or reno of other halls, then it cannot also go to the WWW kitty.
Can you say lie?
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138
LEAKED: WHQ Accounts: 2016-2020 Budget
by Fay Dehr inleaked: whq accounts: 2016-2020 budget [part 1 of 5] https://youtu.be/g08tw2v3b4s.
leaked: whq accounts: 2016-2020 budget [part 2 of 5] https://youtu.be/rpceb5v0vbe.
leaked: whq accounts: 2016-2020 budget [part 3 of 5] https://youtu.be/2xa08ukc_6i.
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lastmanstanding
Watching these idiots with their choreographed, poorly acted BS, reading from scripts while at the same time trying to sound genuine is ridiculous.
You can see the puppet strings. But when you watch the GB, they look equally puppet. The only question in my mind, “Who is the puppeteer?”
It is quite likely that the puppet master is THE BANKS.
It is possible that the Watchtower borganization gorged on cheap credit during the early pre-Armageddon years, and now in the late pre-Armageddon to early post-Armageddon period, the banks want their money back.
Just like Ford Motor who borrowed money against every single asset they had, including the “Blue Oval”, Watchtower likely borrowed heavily against all their assets in the mistaken belief that they would never have to pay off these debts.