Comments on: Follow the Profit https://www.ourthoughts.ca/2005/10/21/follow-the-profit/ Thought-provoking commentary on life, politics, religion and social issues. Mon, 16 Mar 2009 10:59:17 +0000 hourly 1 By: yunita https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-108075 Mon, 16 Mar 2009 10:59:17 +0000 http://www.ourthoughts.ca/?p=280#comment-108075 I’m interested on your post. It’s good. Have any more information about it? or any information on attracting money? thanks.

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By: Mary Siever https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1737 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1737 Nikki

Beuatiful insight. I can’t add anything to this then to say I can’t agree more.

And by the way, did you get my email about Conversation?? We want you on there!!!

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By: Mary Siever https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1738 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1738 sorry that was BEAUTIFUL…ugh my spelling on the internet…

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By: Nikki Workman https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1739 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1739 No…I don’t recall that email… Could you resend? DH went a little delete happy awhile back… :) LOL…so easy to pick on a guy that rarely reads blogs.

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By: Sarah https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1740 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1740 With all due respect, the Mormon church takes in $6 billion in income each year, and has $30 billion in assets.

And it offers ZERO financial transparency to its members on how tithing money is spent.

Now follow the profit.

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By: Kim Siever https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1741 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1741 Sarah,

Unless you have some verifiable evidence regarding the six billion figure, it’s nothing but conjecture.

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By: Mary Siever https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1742 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1742 Sarah

Actually it does offer “transperancy” on how tithing and other income is spent. Anyone can view that information and a regular audit is done and reported on. As well, I can tell you where that money is spent, on buildings, upkeep, the poor, foreign aid, the list goes on and on. The Church takes care of its own. I have seen it in action.

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By: Sarah https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1743 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1743 Kim and Mary:

1) The $6/$30 billion income/asset figure was from Newsweek’s Hinckley interviews and not denied by church leaders.

2) You are in error about their public accounting. They do not produce this in the U.S. or in other countries. Only in Great Britain are they required by law to show their finances. And it isn’t pretty. Less than 1% goes to charitable work.

3) There is no good reason for their lack of financial transparency for a religious organization. They don’t want you to know how the money is spent, or to whom it goes.

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By: Kim Siever https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1744 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1744 “The $6/$30 billion income/asset figure was from Newsweek’s Hinckley interviews and not denied by church leaders.”

Can you be more specific?

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By: Sarah https://www.ourthoughts.ca/2005/10/21/follow-the-profit/comment-page-1/#comment-1745 Tue, 30 Nov -0001 00:00:00 +0000 http://www.ourthoughts.ca/?p=280#comment-1745 It was Time, not Newsweek, and as quoted by the AP, August 1997:

The Mormon Church is the most prosperous of American religions and is preparing to focus that considerable wealth on an unprecedented campaign of international expansion, according to a cover story in Time magazine on newsstands this week.

Time correspondents claimed “unusual cooperation” from the hierarchy of The Church of Jesus Christ of Latter-day Saints in researching the article, which gives what may be the most accurate financial snapshot of the church to date: a minimum of $30 billion in assets and annual gross income of $6 billion — more than Utah’s state budget this year.

http://www.lds-mormon.com/time.shtml

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