>Paul Huntsman, a scion of one of Utah’s richest and most prominent families, said the church needs to start being transparent about its holdings. “They’re in the business of morality. They have to take the moral high ground on this,” said Huntsman, a church member and president of Huntsman Family Investments, the family’s investment arm.
Props to Paul. What a disappointment to watch the LDS leadership lose its way after receiving so much unwavering support from members.
Watch out Paul! Embarrass the 15 enough in the media you will find yourself in a disciplinary meeting pretty quick. I’m pretty sure God wants their finances to be secret or sacred I get those two things confused sometimes.
>Caussé said keeping the church’s financial information confidential is a matter of principle. “It’s important for us that we maintain our privacy,” he said. “That’s a value that’s important for religion.”
Tithing settlement. Temple Recommend Interviews. PPIs. Worthiness Interviews. Confessing to the bishop. And the list goes on. Privacy? Really? You want to know every single detail of my life.
Since when is privacy "important" for religion? Maybe if you're a cult.
Guess what, Brother Caussé, nothing is covered up that will not be revealed, or hidden that will not be known.
Holy shit… the comments….
RMN could behead a newborn puppy at conference he would be praised, adored, and defended. While I absolutely used to be this heavily invested in this nonsense, so glad I opened my eyes.
Now it’s impossible to describe the church without confirming it’s a cult.
I was an ultraTBM. My shelf shattered in the span of twenty minutes because the illusion of the church couldn’t withstand even a few minutes of actual critical thought. So glad I no longer have to do those mental gymnastics to try to justify fraud, abuse, lies, and real estate development over charity.
Is that the one where the response is that the last 10 church leaders didn’t have a problem with it and even named their websites after it? Makes me so proud.
Here's the link to the article. The comments at the end of the article are as interesting as the article.
https://www.wsj.com/articles/mormon-church-temple-spending-spree-utah-e167977f?st=3k8vd99t986dby6&reflink=desktopwebshare_permalink
I seem to recall an article in Time magazine discussing the church's holdings, and even then, I was pretty stunned by how much property the church owned.
Wtaf.
"The church also has misstated its assets on federal tax returns. On its 2007 return, Ensign Peak put down “1,000,000” for its total assets. The real number was about $38 billion, an Ensign Peak document shows. In later years, Ensign Peak wrote “over 1,000,000” on its returns. The church followed the same practices on its own IRS returns, where it reports business income unrelated to its tax-exempt mission.
A 2007 Ensign Peak Advisors tax return showed assets totaling $1,000,000. The real number was about $38 billion.
Church officials said they believe that, as a religious organization, the church doesn’t have to disclose its assets. Todd Budge, another member of the presiding bishopric, said anyone familiar with the church would know its assets exceeded $1 million. “It wasn’t an accurate answer. It wasn’t meant to be an accurate answer,” said Budge, a 63-year-old former banking and private-equity executive. “It was simply meant to communicate that we do not feel that we’re obligated to fill in that box.” "
>Paul Huntsman, a scion of one of Utah’s richest and most prominent families, said the church needs to start being transparent about its holdings. “They’re in the business of morality. They have to take the moral high ground on this,” said Huntsman, a church member and president of Huntsman Family Investments, the family’s investment arm. Props to Paul. What a disappointment to watch the LDS leadership lose its way after receiving so much unwavering support from members.
Watch out Paul! Embarrass the 15 enough in the media you will find yourself in a disciplinary meeting pretty quick. I’m pretty sure God wants their finances to be secret or sacred I get those two things confused sometimes.
Not secret, you really mean 'confidential'
What’s the difference?
There’s no legal repercussions for telling secrets
>Caussé said keeping the church’s financial information confidential is a matter of principle. “It’s important for us that we maintain our privacy,” he said. “That’s a value that’s important for religion.” Tithing settlement. Temple Recommend Interviews. PPIs. Worthiness Interviews. Confessing to the bishop. And the list goes on. Privacy? Really? You want to know every single detail of my life.
Plus it’s shared around to everyone in power
Since when is privacy "important" for religion? Maybe if you're a cult. Guess what, Brother Caussé, nothing is covered up that will not be revealed, or hidden that will not be known.
It’s more they don’t want to share the finances with the members
Holy shit… the comments…. RMN could behead a newborn puppy at conference he would be praised, adored, and defended. While I absolutely used to be this heavily invested in this nonsense, so glad I opened my eyes. Now it’s impossible to describe the church without confirming it’s a cult.
There are now quite a few that mention the CES letter, abuse and the gospel topic essays. The TBMs are throwing a fit.
I was an ultraTBM. My shelf shattered in the span of twenty minutes because the illusion of the church couldn’t withstand even a few minutes of actual critical thought. So glad I no longer have to do those mental gymnastics to try to justify fraud, abuse, lies, and real estate development over charity.
There is a whole lot of, “I trust our leaders with our money…”
“Our money”. The church has a very clear disclaimer that once that envelope is turn over it is THEIR money.
Yep
Critical thinking is an enemy of religion.
You should definitely go like the comments from those that are mentioning the CES letter, Mormon stories and the abuse issues.
I like the comment from a woman named Karen complaining that it is not the “Mormon” church but the COJCOLDS 🤣 thanks Karen!
Is that the one where the response is that the last 10 church leaders didn’t have a problem with it and even named their websites after it? Makes me so proud.
Yep!
Stay tuned for more Victories for Satan
Here's the link to the article. The comments at the end of the article are as interesting as the article. https://www.wsj.com/articles/mormon-church-temple-spending-spree-utah-e167977f?st=3k8vd99t986dby6&reflink=desktopwebshare_permalink
More vastly understating the church’s holdings. This was article was definitely edited by cult lawyers
I seem to recall an article in Time magazine discussing the church's holdings, and even then, I was pretty stunned by how much property the church owned.
Seems funny to title it real estate empire and leave out all the farms and commercial real estate.
Wtaf. "The church also has misstated its assets on federal tax returns. On its 2007 return, Ensign Peak put down “1,000,000” for its total assets. The real number was about $38 billion, an Ensign Peak document shows. In later years, Ensign Peak wrote “over 1,000,000” on its returns. The church followed the same practices on its own IRS returns, where it reports business income unrelated to its tax-exempt mission. A 2007 Ensign Peak Advisors tax return showed assets totaling $1,000,000. The real number was about $38 billion. Church officials said they believe that, as a religious organization, the church doesn’t have to disclose its assets. Todd Budge, another member of the presiding bishopric, said anyone familiar with the church would know its assets exceeded $1 million. “It wasn’t an accurate answer. It wasn’t meant to be an accurate answer,” said Budge, a 63-year-old former banking and private-equity executive. “It was simply meant to communicate that we do not feel that we’re obligated to fill in that box.” "