lastmanstanding

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Posts by lastmanstanding

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  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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

  Berry Gerry

  Nice link. They are so screwed.

  I want to call Ken Little and Ask how he feels. LOL

  I got his number.
• 
  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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

  Financial Review:

  Watch Tower and Tract Society of Canada is a Major 100 charity with $79.7m in donations in F2015. Its administrative costs are 3% of revenues, and the charity does not report any fundraising costs. For every dollar donated, 97 cents go towards the charities programs, falling outside of Ci’s reasonable range. Before its $27m in bank loans, the charity has $19.8m in gross funding reserves, resulting in a net program cost coverage ratio of -8%. The financial statements Watch Tower provides to the CRA Charities Directorate are incomplete missing the financial notes and auditors information.

  https://www.charityintelligence.ca/charity-details/40-watch-tower-and-tract-society-of-canada
  

  The above is just Canada. The Watchtower has bank loans.
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  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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

  When the Bank Demands Payment in Full: 3 Options for Borrowers with Matured Business Loans (By David Soble)

  There are 3 realistic options that a business owner should consider when their bank demands payment of the loan in full:

  1. Pay off the loan. In today's restrictive banking climate refinancing sounds much easier than it really is. Banks infrequently rewrite their own commercial loans upon maturity. This is because the financial position of many small businesses has diminished since 2007. Also lending guidelines were more' flexible' then, with commercial properties reportedly having higher values.

  2. Negotiated Exit. Be assured that if a loan has matured and the borrower is not prepared to pay if off, the bank will begin a lawsuit. Defending a law suit can be expensive, but in most cases it will only delay the inevitable. Absent real legal defenses for bank misconduct or the mishandling of a loan, the best approach for a business owner is to negotiate a realistic "exit" from the bank with the assistance of experienced counsel. There are a numerous variables for consideration when negotiating a forbearance or settlement agreement, so unless a business owner is familiar with bank work out or special asset protocol, retain an experienced attorney.

  3. Reorganization. Chapter 11 reorganization can be expensive, but it is an excellent remedy for business owners... A Chapter 11 bankruptcy should be a final option,
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  24

  For the Conspiracy Theorists

  by berrygerry in

  1. watchtower
  2. scandals

  geoff jackson speaking at a france dedication:.

  then he said (i'm quoting him best i can remember, but you'll get the idea): "imagine if next week i go back to us and you see in the news that the whole gb was arrested for no reason.

  how'd you react?

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  lastmanstanding

  I want to see the dynamic 8 raptured to prison.
• 
  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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

  Londo, YOU get it.

  (hands clapping)
• 
  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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

  If one has cash reserves to spend, then your head is still above water. If you have assets to liquidate, then your head is still above water. It is within one’s means to spend what one has or to liquidate assets. To live beyond one’s means is to borrow. If anyone here doesn’t understand this simple principle, then you are in danger of incurring debt that you cannot pay.

  Living beyond your means is pretty easy to do these days, especially since we live in a time when buying on credit — and having a YOLO mentality — has become the norm. But just because it seems normal doesn’t mean you aren’t doing a real disservice to your current and future well-being.

  Here are eight red flags that you’re living a lifestyle you simply can’t afford — and how to get back on track ASAP.

  Living beyond your means is pretty easy to do these days, especially since we live in a time when buying on credit —

  https://www.dailyworth.com/posts/3538-warning-signs-of-living-beyond-your-means

  http://money.cnn.com/2017/09/19/pf/living-beyond-your-means/index.html

  http://www.dictionary.com/browse/beyond-one-s-means

  Too costly for one, more than one can afford. For example, A second vacation this year is well beyond our means. The noun means here signifies “resources at one's disposal,”
  

  If your resources are cash on hand, savings or real properties which can be disposed of, then it’s still living within one’s means to utilize them. Only when one incurs debt do they live beyond your means.

  i am not quite sure why some here cannot understand this simple economic principle.

  
  

  if I decide to sell my house and spend the equity, I am still within MY means. It is when I go to someone else to borrow THEIR means that I have gone beyond MY means.

  Using cash reserves and liquidating assets to pay ...

  It is MY cash, it is MY assets, and I can do what I want with them. It is MY means. Nobody is going to dictate to ME how I should use MY stuff.

  Mine... get it?

  Beyond MINE is yours... get it yet?

  Please listen to that second accounting video that somebody just posted. The sister praised Jayhoov because the “bank” not mine, gave a line of CREDIT
  
  
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  10

  LEAKED: WHQ Treasuers Office meeting 2018

  by Fay Dehr in

  1. watchtower
  2. beliefs

  leaked: 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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  lastmanstanding

  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.
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  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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.
• 
  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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.
• 
  138

  LEAKED: WHQ Accounts: 2016-2020 Budget

  by Fay Dehr in

  1. watchtower
  2. scandals

  leaked: 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.