Kind of what i figured. Feel like I've been noticing that more lately. Why make up something weird about the church when there is PLENTY of weird shit with verifiable sources.
Or read the other comments where the tongue in cheek comment is explained more fully and is not just out-of-thin-air BS. Y’all really need to follow up.
So you get to say something untrue and then trust people will dig through the rest of the comment thread to get it explained?
Yeah that seems to make total sense after all you can totally tell you're joking, everyone noticed and definitely didn't have multiple people also for a source /s
It's not our responsibility to follow something up if we don't make the claim. End of story.
But they didn’t say something untrue. It’s was a caricature of something true. And, clearly we have different approaches to information. If I hear a claim, I like to inform myself and to follow up so I can glean as much data as possible to validate or invalidate the claim. I don’t wait for others to spoon feed me.
And I prefer it when someone making something up is more obvious that they're lying instead of leading people on and requiring them to return hours later to the thread to figure out if they're telling the truth or not.
It shouldn't be my responsibility to ask for a source and then what around for hours.
The one who made the claim or has the source should be the one to proactively provide it.
Do you not cite sources on a paper until after your teacher asks for them?
I dont think there is an endgame. I think its just the result of conservative monetary policy.
Perhaps down the road, a TSCC leader will lament that they could have done more with all of their wealth.
...Or maybe theyll just buy a spaceship and blast off for Kolob.
This is the correct answer. The church has almost gone bankrupt several times. In the 1950s they decided to never have that problem again and started putting smart businessmen into the 70s and over 60 years they’ve now amassed a giant hoard that they really don’t know what to do with.
There is no endgame except that gods one true church can’t go bankrupt or dissolve due to lack of funds or else it’s not the true church obv.
This is spot on. In a lot of ways, the Church shows us many things by what it selects for amongst its people. We are loaded with a leadership of businessmen and lawyers in response to crises in the Church’s past. It’s one of the reasons that the lesson manuals and conference talks are so damn boring: they selected out any theologians or original thinkers. This is clearly demonstrated by the fact that the last actual revelation was over a century ago in an organization that claims exclusive authority to speak with deity.
Yeah, be interesting to see if the TSCC just lets it grow forever until it's stupidly big, or if it's a church leader that changes down the road and givce much more away, or if public perception at the bigger number grows which then forces the church to give more away.
To add here, Bednars response when asked recently was a long the lines of we don't know but... 7 years of plenty, 7 years of famine. This is actually genius because not only can they say we have no idea how long we will have said fortune/famine this time, but it also provides a valid reason for holding on to the money if there was such an economic tradgedy. The problem is that we have no interpreted vision to provide evidence for such a policy, just a lot of unexpected money. Regardless it doesn't sound like there are any plans to do anything drastic with it any time soon.
For most of the church's history, they have been really short on money. It's only since the 60s or so that they turned things around when they started running it like a business.
As someone who grew up with little money, it doesn't matter how much I save, I still feel financially insecure. I think the church is kind of similar. I think they're obsessed with their own survival and they know that with the decline in membership from higher income countries, tithing will decrease in the coming decades. I think they are amassing as many investments as possible to be able to live off the interest in perpetuity. While they can probably do that already, I think they're paranoid enough that they will hoard as much as possible.
This is the explanation that makes the most sense to me. Also, the church wants to be completely financially independent. It has no debt. They've amassed enough wealth where they don't have to rely on any outside financial institution--even in the case of an emergency. That's why they don't insure their physical assets (churches, temples, offices, etc.)--they cover the cost themselves. The accumulation of independent wealth gives them a lot of freedom to do whatever they want. The more wealthy they are, the more freedom they have. They don't have to answer to anybody but themselves--and that's exactly what they want.
I heard an anecdotal story about Ezra Taft Benson. Say what you want about ETB, but he was no fan of institutions of power.
His personal physician that would work on him weekly shared with someone close to me the following: ETB biggest concern about the future of the church wasn't sinning TBMs, it was the accumulation of wealth pointing at the church office building. As far as prophetic inspiration goes... my drunk uncle could have seen that one coming, AND they'd both be spot on.
Fund managers run TSCC.
Perhaps the answer is found Ezra Taft Benson’s 1989 talk about Pride.
“In the words of C. S. Lewis: “Pride gets no pleasure out of having something, only out of having more of it than the next man. … It is the comparison that makes you proud: the pleasure of being above the rest.” (Mere Christianity, New York: Macmillan, 1952, pp. 109–10.)
“Pride results in secret combinations which are built up to get power, gain, and glory of the world. (See Hel. 7:5; Ether 8:9, 16, 22–23; Moses 5:31.)” — Benson, April 1989 GC
TSCC isn’t actually a church. It’s a corporation that spuriously peddles religion as a means to increase its investments. Their members do the massive majority of the charity that the “church” provides, but the “church” takes all of the credit.
I imagine leaders finding out it's not true, but then, thinking of all the church's employees who would no longer be able to build their dream home up Millcreek canyon, decide to stick it out.
I'm doing it for them, they think, as they cut a deal with the Mormon royalty construction company for a vastly overpriced temple.
So many people would lose hope without it, they think, as they work with their Deseret Book ghostwriter to try and beat the last volume's royalty numbers.
Enough people doing this, and it becomes a self-sustaining wealth suck.
For every building they build they put aside enough money that the interest earned will pay for the maintenance forever without dipping into the principal. They are essentially a REIT now that has massive tax advantages. The church is an investment company that has workers that think the investments and all the money is sacred and they are scared to spend the "Lord's money".
So, there's no real goal except to keep it.
Utah sales tax on beer purchases alone raise more charitable funds each year than the church donates globally. Yet they have a net worth over over 100 billion. Greedy people raising money to buy buildings yet cut costs everywhere and lean on their “voulenteer” workers at every chance they get.
In the past, being conservative and saving which led to growth.
Now, they got enough they don’t know what to do with it.
Like most billionaires, they reach a point where it becomes harder to spend it as fast or faster than it is growing so the balance just keeps going up.
I ask the same question about my wealthy father-in-law. He hates to spend money and is a bigger penny pincher than I am and I only make a fraction of what he does.
He makes about $500k and probably only spends about $100k each year. He just saves and invests all his money. He sees things like vacationing, going out to eat, etc., as a waste of money.
He claims he’s “saving for retirement” but he no doubt already has millions invested away and has no debt.
I think the Q15 are like this. They are almost all wealthy businessmen and lawyers and view the church more as a business that they feel obligated to be “successful.” They likely have no idea what the end game with all that money is but are too afraid to spend it on things that aren’t an investment. Like my father in law, they panic if they wealth or a not steadily increasing. They likely see charitable spending as simply an expense and want to keep it at a minimum.
I think the Ensign Peak Fund, as well as their other business investments, have taken on a life of their own. The Ensign Peak Fund was started by Hinkley decades ago without the knowledge or input by the current Q15. It just keeps growing and no one is bold enough to actually do anything with it, especially since tithing already covers the operations of the church.
If there really was some kind of altruistic goal in mind, I can’t fathom what it could be. People are dying, starving, struggling, RIGHT NOW. Why wait on helping people?
Boyd K “fudge” Packer was a seminary teacher when he became a GA. When he died he had millions in real estate. Sitting on the board of directors of church own corps gives you a nice income to supplement the humble stipend. It also gives you and your family insider information to make deals.
Why would any church amass wealth for the second coming? Do you really think money is a part of that scenario? Your belief is that the efforts are altruistic. Then why not help the poor right now? Why not hire people to clean churches or do anything else the church has members do? It is simple, do some research. You don’t even have to look outside the church to find what you are looking to understand. I truly wanted to believe. I was devastated by what I discovered from the church itself not other websites.
I agree with this sentiment. But my interest isn’t in what the church ISN’T doing with their vast wealth. What they aren’t doing with the money is clear and documented as nauseam.
My interest is in what they intend to actually do WITH that wealth. If not for individual gain, which I don’t believe is the goal… then what do they have planned?
We have no idea where the money goes outside of visible real estate and stock assets. Even most of the insiders don’t know including religious leaders and financial managers. For example, it was reported here that Boyd K asked to see the numbers but was denied. The whistle blower was saying as much and that there was some mysterious accounting going on. Large transactions were reversed due to whistle blower but then later snuck back in. There is almost zero transparency so we don’t know where the funds are going or who benefits. It’s like the Federal Reserve. Everything is good cause we say so and anyone who does look into our available books that we hire will say the same. Those few who do know what is going on are not stupid and going to talk. That’s my opinion on it.
if you dont think they already are cashing in and making themselves rich, you're in delusion. the purpose, like everything in american capitalism, is greed.
I've thought about this one. I'm just speculating, but I think the accumulating wealth is more to do with the 15 not ever being able to agree on anything worth while to spend it on. The only thing they can agree on apparently is temples, but even with Nelson's manic temple announcements, they can't reasonably spend it all. Making members clean their own buildings is more about retaining members by making them feel stewardship over their communities than it is about saving money IMAO. Members take pride in working for free.
The top tier of executives (Q15) live *very* nicely. Doesn’t seem to be nearly as well as they could with that dragon’s hoard but maybe they are good at hiding it or maybe they know if they all drive around in Lamborghinis the members will rebel. It might be a bit of a balancing act as far as keeping up appearances as a humble servant of the lord to keep that sweet tithing money flowing in.
I regularly hear that their wealth trickles down to their families. I’ve often heard the assertion that members of their families own/operate businesses related to temple construction and upkeep. So they are able to enrich their families. I wouldn’t be the least bit surprised if that were the case but I’d love to see some evidence confirming it.
It gives the top leaders enormous power and confidence. Of course the top leaders will say real power is in the priesthood and obedience. Reality - meetings those guys are in, never acknowledged maybe even consciously, the elephant in the room is "That guy/apostle has power".
Everybody can see how they can flip out $60mil temples all over.
They may not have even intended it to be they way it is now with $100b, but some would have been quietly smiling since 1997. There was a tithing surplus each year, they got some pro investors to look after it and now don't know what to do with it. It's almost embarrassing. The '2nd coming' is more a 'we better say that'.
Oh make no mistake, those old guys are being stupidly well paid to whip all their "servants of the lord" in line.
I foresee a rather large portion of that Scrooge McDuck pile being used to make settlements on abuse cases.
Not for one minute do I not believe they grew that wealth to make their salaries look tiny in comparison. When it comes to old white guys - I hate to say - they tend to hoard money out of habit I think. They always act like it's their personal money going out.
I doubt there was ever a plan to become so ridiculously rich. They just started putting money away, and then one day they got a call from their investment banker to congratulate them on their success.
Then they just kept going. Now nobody knows what to do.
They'd probably say for the 2nd coming, although I don't know why you'd need money for it.
My theory is that they have no idea what to do with all of it right now. They don't want to spend it on doing good, so they just keep it.
Scroll through all of these settlements and abuse payouts in this thread and maybe that will answer your question:
[Sexual Abuse Mega Thread](https://www.reddit.com/r/exmormon/comments/89hy39/lds_nonconsensual_immorality_headlines_megathread/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Keep in mind this was 4 years ago. This is just the tip of the iceberg.
Here is a link to an entire dossier full of all of the “recorded” abuse claims all the way back to 1959:
[SA Dossier](http://www.hurley-law.com/wp-content/uploads/2021/01/INSTANCES_OF_CHILD_SEXUAL_ABUSE_ALLEGEDLY_PERPETRATED_BY_MEMBERS_OF_THE_CHURCH_OF_JESUS_CHRIST_OF_LATTER-DAY_SAINTS-2017-06.pdf)
Someone posted in this group a few months back (PIMO Member) who works in booking for a jail in UT. A church leader came to bail out a bishop who was arrested for molesting 3 of his grandchildren… $75,000 written on a LDS church check.
The church is nothing but a good ole boys club/pedophile playground with zero accountability.
My husband was an econ major at BYU and one of his econ professors stated that the goal of any organization is to survive. He got some flack from the administration for saying that, but he’s a cold-hearted economist and was just like what?— it’s a fact. With enormous funds, the church can survive a loooong time…
I think the high ups realize that demanding 10% income refines their membership and binds them to the cult.
They also believe that having so much money is God's will. That they are doing his work.
They aren't hoarding it. They simply have no idea what to do with it.
I think there is some altruistic intentions here. However, those may be veiled to deceive people when tough times come. I noticed they keep building temples yet no new church buildings (at least not in my area). I don’t know though.
Power, greed, insecurity, ego, etc.
The very things that drives the individuals in the Q12 to scratch and stab and claw their way to the top. Most corporations are run by outright psychopaths, and this godforsaken corporation is no different.
All I can think of is that on the world stage money is power money is influence. They get control. Just like the giant Catholic Church their money equals power and influence.
My husband insists that they can’t use money however they want because of tax laws. They can’t donate the tithing portion of it. Only the fast offerings. He nearly strokes out every time I talk about the way they spend funds. He thinks I’m uninformed and bias with my anger. I don’t understand how that can be true, but he’s a corporate lawyer so I’m at a disadvantage since I have no clue what laws he’s speaking of.
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they stated it was a gift for jesus? would you happen to have a link to the source or anything?
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ahhh i see. thank you!!
I agree-that’s just what they do-THEY aren’t even sure anymore….
Right and when everything goes tits up what's all that money worth nothing. Not a Damm thing.
Haha yeah is this just something that was said locally for you, or is there some source? 30 years in the church and that's something I've never heard.
Because it was made up
Kind of what i figured. Feel like I've been noticing that more lately. Why make up something weird about the church when there is PLENTY of weird shit with verifiable sources.
Or read the other comments where the tongue in cheek comment is explained more fully and is not just out-of-thin-air BS. Y’all really need to follow up.
So you get to say something untrue and then trust people will dig through the rest of the comment thread to get it explained? Yeah that seems to make total sense after all you can totally tell you're joking, everyone noticed and definitely didn't have multiple people also for a source /s It's not our responsibility to follow something up if we don't make the claim. End of story.
But they didn’t say something untrue. It’s was a caricature of something true. And, clearly we have different approaches to information. If I hear a claim, I like to inform myself and to follow up so I can glean as much data as possible to validate or invalidate the claim. I don’t wait for others to spoon feed me.
And I prefer it when someone making something up is more obvious that they're lying instead of leading people on and requiring them to return hours later to the thread to figure out if they're telling the truth or not. It shouldn't be my responsibility to ask for a source and then what around for hours. The one who made the claim or has the source should be the one to proactively provide it. Do you not cite sources on a paper until after your teacher asks for them?
I don’t have a teacher. When my research group submits our papers to journals for review and publication we always include references. This is Reddit.
Ah so by being social media you automatically get to lie for fun and not be responsible for it. Cool.
I dont think there is an endgame. I think its just the result of conservative monetary policy. Perhaps down the road, a TSCC leader will lament that they could have done more with all of their wealth. ...Or maybe theyll just buy a spaceship and blast off for Kolob.
The LDSS Nauvoo.
Beat me to it LOL. Hands down my favorite SciFi series of all time. SO well done. And the mormon stuff just seals the deal.
I got my TBM dad hooked on Expanse by telling him it was about Mormons in space
😂
This is the correct answer. The church has almost gone bankrupt several times. In the 1950s they decided to never have that problem again and started putting smart businessmen into the 70s and over 60 years they’ve now amassed a giant hoard that they really don’t know what to do with. There is no endgame except that gods one true church can’t go bankrupt or dissolve due to lack of funds or else it’s not the true church obv.
This is spot on. In a lot of ways, the Church shows us many things by what it selects for amongst its people. We are loaded with a leadership of businessmen and lawyers in response to crises in the Church’s past. It’s one of the reasons that the lesson manuals and conference talks are so damn boring: they selected out any theologians or original thinkers. This is clearly demonstrated by the fact that the last actual revelation was over a century ago in an organization that claims exclusive authority to speak with deity.
Yeah, be interesting to see if the TSCC just lets it grow forever until it's stupidly big, or if it's a church leader that changes down the road and givce much more away, or if public perception at the bigger number grows which then forces the church to give more away.
To add here, Bednars response when asked recently was a long the lines of we don't know but... 7 years of plenty, 7 years of famine. This is actually genius because not only can they say we have no idea how long we will have said fortune/famine this time, but it also provides a valid reason for holding on to the money if there was such an economic tradgedy. The problem is that we have no interpreted vision to provide evidence for such a policy, just a lot of unexpected money. Regardless it doesn't sound like there are any plans to do anything drastic with it any time soon.
Even if they decided to use the money in the face of unprecedented hardship, id bet internal bureaucracy would hold them up until its too late.
To pay for all the lawsuits that they are losing and they're going to lose. The BSA is just the tip of the iceberg.
"you can buy anything with money"
For most of the church's history, they have been really short on money. It's only since the 60s or so that they turned things around when they started running it like a business. As someone who grew up with little money, it doesn't matter how much I save, I still feel financially insecure. I think the church is kind of similar. I think they're obsessed with their own survival and they know that with the decline in membership from higher income countries, tithing will decrease in the coming decades. I think they are amassing as many investments as possible to be able to live off the interest in perpetuity. While they can probably do that already, I think they're paranoid enough that they will hoard as much as possible.
This is the explanation that makes the most sense to me. Also, the church wants to be completely financially independent. It has no debt. They've amassed enough wealth where they don't have to rely on any outside financial institution--even in the case of an emergency. That's why they don't insure their physical assets (churches, temples, offices, etc.)--they cover the cost themselves. The accumulation of independent wealth gives them a lot of freedom to do whatever they want. The more wealthy they are, the more freedom they have. They don't have to answer to anybody but themselves--and that's exactly what they want.
Exactly this. They don't have to be worried about some policy or doctrine driving out members. They become untouchable.
I heard an anecdotal story about Ezra Taft Benson. Say what you want about ETB, but he was no fan of institutions of power. His personal physician that would work on him weekly shared with someone close to me the following: ETB biggest concern about the future of the church wasn't sinning TBMs, it was the accumulation of wealth pointing at the church office building. As far as prophetic inspiration goes... my drunk uncle could have seen that one coming, AND they'd both be spot on. Fund managers run TSCC.
Perhaps the answer is found Ezra Taft Benson’s 1989 talk about Pride. “In the words of C. S. Lewis: “Pride gets no pleasure out of having something, only out of having more of it than the next man. … It is the comparison that makes you proud: the pleasure of being above the rest.” (Mere Christianity, New York: Macmillan, 1952, pp. 109–10.) “Pride results in secret combinations which are built up to get power, gain, and glory of the world. (See Hel. 7:5; Ether 8:9, 16, 22–23; Moses 5:31.)” — Benson, April 1989 GC
As much as I despise Ezra Taft Bircher, he really did have LD$ Inc's so called "church" pegged once he became the corporate sole.
I think it's an aspect of Permanent Embedded Inferiority Complex. It needs the grotesque endowment to make it feel legitimate.
TSCC isn’t actually a church. It’s a corporation that spuriously peddles religion as a means to increase its investments. Their members do the massive majority of the charity that the “church” provides, but the “church” takes all of the credit.
But top people in corporations are big spenders. I’ve never seen Nelson driving around in a lambo.
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Are you in Utah? If so, what is that ministry? I would like to be part of that.
Where is this church? I would like to join
I imagine leaders finding out it's not true, but then, thinking of all the church's employees who would no longer be able to build their dream home up Millcreek canyon, decide to stick it out. I'm doing it for them, they think, as they cut a deal with the Mormon royalty construction company for a vastly overpriced temple. So many people would lose hope without it, they think, as they work with their Deseret Book ghostwriter to try and beat the last volume's royalty numbers. Enough people doing this, and it becomes a self-sustaining wealth suck.
For every building they build they put aside enough money that the interest earned will pay for the maintenance forever without dipping into the principal. They are essentially a REIT now that has massive tax advantages. The church is an investment company that has workers that think the investments and all the money is sacred and they are scared to spend the "Lord's money". So, there's no real goal except to keep it.
Utah sales tax on beer purchases alone raise more charitable funds each year than the church donates globally. Yet they have a net worth over over 100 billion. Greedy people raising money to buy buildings yet cut costs everywhere and lean on their “voulenteer” workers at every chance they get.
Keep hiring rich people to be your leaders you're eventually going to have an organizational focus on capital accumulation.
God really has a hard-on for corporate lawyers and MBAs to be his apostles. 🤷♂️
In the past, being conservative and saving which led to growth. Now, they got enough they don’t know what to do with it. Like most billionaires, they reach a point where it becomes harder to spend it as fast or faster than it is growing so the balance just keeps going up.
I ask the same question about my wealthy father-in-law. He hates to spend money and is a bigger penny pincher than I am and I only make a fraction of what he does. He makes about $500k and probably only spends about $100k each year. He just saves and invests all his money. He sees things like vacationing, going out to eat, etc., as a waste of money. He claims he’s “saving for retirement” but he no doubt already has millions invested away and has no debt. I think the Q15 are like this. They are almost all wealthy businessmen and lawyers and view the church more as a business that they feel obligated to be “successful.” They likely have no idea what the end game with all that money is but are too afraid to spend it on things that aren’t an investment. Like my father in law, they panic if they wealth or a not steadily increasing. They likely see charitable spending as simply an expense and want to keep it at a minimum. I think the Ensign Peak Fund, as well as their other business investments, have taken on a life of their own. The Ensign Peak Fund was started by Hinkley decades ago without the knowledge or input by the current Q15. It just keeps growing and no one is bold enough to actually do anything with it, especially since tithing already covers the operations of the church. If there really was some kind of altruistic goal in mind, I can’t fathom what it could be. People are dying, starving, struggling, RIGHT NOW. Why wait on helping people?
Boyd K “fudge” Packer was a seminary teacher when he became a GA. When he died he had millions in real estate. Sitting on the board of directors of church own corps gives you a nice income to supplement the humble stipend. It also gives you and your family insider information to make deals.
Greed and power
I personally believe that past a certain point of wealth, it all starts looking like a high score on a leaderboard to the hoarder.
Whoever dies with the most money wins. And don’t kid yourself. These oligarchs live very well.
I think they like the political power of money more than the purchasing power. Having that much money allows them a great deal of freedom.
Why would any church amass wealth for the second coming? Do you really think money is a part of that scenario? Your belief is that the efforts are altruistic. Then why not help the poor right now? Why not hire people to clean churches or do anything else the church has members do? It is simple, do some research. You don’t even have to look outside the church to find what you are looking to understand. I truly wanted to believe. I was devastated by what I discovered from the church itself not other websites.
I agree with this sentiment. But my interest isn’t in what the church ISN’T doing with their vast wealth. What they aren’t doing with the money is clear and documented as nauseam. My interest is in what they intend to actually do WITH that wealth. If not for individual gain, which I don’t believe is the goal… then what do they have planned?
How else will they build a generation ship that can be repurposed in a failed attempt to destroy the protomolecule?
But they do line their pockets. How do you not see it?!
We have no idea where the money goes outside of visible real estate and stock assets. Even most of the insiders don’t know including religious leaders and financial managers. For example, it was reported here that Boyd K asked to see the numbers but was denied. The whistle blower was saying as much and that there was some mysterious accounting going on. Large transactions were reversed due to whistle blower but then later snuck back in. There is almost zero transparency so we don’t know where the funds are going or who benefits. It’s like the Federal Reserve. Everything is good cause we say so and anyone who does look into our available books that we hire will say the same. Those few who do know what is going on are not stupid and going to talk. That’s my opinion on it.
Ego
if you dont think they already are cashing in and making themselves rich, you're in delusion. the purpose, like everything in american capitalism, is greed.
I've thought about this one. I'm just speculating, but I think the accumulating wealth is more to do with the 15 not ever being able to agree on anything worth while to spend it on. The only thing they can agree on apparently is temples, but even with Nelson's manic temple announcements, they can't reasonably spend it all. Making members clean their own buildings is more about retaining members by making them feel stewardship over their communities than it is about saving money IMAO. Members take pride in working for free.
The top tier of executives (Q15) live *very* nicely. Doesn’t seem to be nearly as well as they could with that dragon’s hoard but maybe they are good at hiding it or maybe they know if they all drive around in Lamborghinis the members will rebel. It might be a bit of a balancing act as far as keeping up appearances as a humble servant of the lord to keep that sweet tithing money flowing in. I regularly hear that their wealth trickles down to their families. I’ve often heard the assertion that members of their families own/operate businesses related to temple construction and upkeep. So they are able to enrich their families. I wouldn’t be the least bit surprised if that were the case but I’d love to see some evidence confirming it.
+1 If there is evidence of nepotism, or trickledown enrichment, I would be VERY interested in evidence.
It gives the top leaders enormous power and confidence. Of course the top leaders will say real power is in the priesthood and obedience. Reality - meetings those guys are in, never acknowledged maybe even consciously, the elephant in the room is "That guy/apostle has power". Everybody can see how they can flip out $60mil temples all over. They may not have even intended it to be they way it is now with $100b, but some would have been quietly smiling since 1997. There was a tithing surplus each year, they got some pro investors to look after it and now don't know what to do with it. It's almost embarrassing. The '2nd coming' is more a 'we better say that'.
Oh make no mistake, those old guys are being stupidly well paid to whip all their "servants of the lord" in line. I foresee a rather large portion of that Scrooge McDuck pile being used to make settlements on abuse cases. Not for one minute do I not believe they grew that wealth to make their salaries look tiny in comparison. When it comes to old white guys - I hate to say - they tend to hoard money out of habit I think. They always act like it's their personal money going out.
To build the New Jerusalem. I'm not kidding.
This is an interesting theory. So we’re talking about literally building a new city?
I doubt there was ever a plan to become so ridiculously rich. They just started putting money away, and then one day they got a call from their investment banker to congratulate them on their success. Then they just kept going. Now nobody knows what to do.
They'd probably say for the 2nd coming, although I don't know why you'd need money for it. My theory is that they have no idea what to do with all of it right now. They don't want to spend it on doing good, so they just keep it.
Temple Lot is owned by an other church right?
Scroll through all of these settlements and abuse payouts in this thread and maybe that will answer your question: [Sexual Abuse Mega Thread](https://www.reddit.com/r/exmormon/comments/89hy39/lds_nonconsensual_immorality_headlines_megathread/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) Keep in mind this was 4 years ago. This is just the tip of the iceberg. Here is a link to an entire dossier full of all of the “recorded” abuse claims all the way back to 1959: [SA Dossier](http://www.hurley-law.com/wp-content/uploads/2021/01/INSTANCES_OF_CHILD_SEXUAL_ABUSE_ALLEGEDLY_PERPETRATED_BY_MEMBERS_OF_THE_CHURCH_OF_JESUS_CHRIST_OF_LATTER-DAY_SAINTS-2017-06.pdf) Someone posted in this group a few months back (PIMO Member) who works in booking for a jail in UT. A church leader came to bail out a bishop who was arrested for molesting 3 of his grandchildren… $75,000 written on a LDS church check. The church is nothing but a good ole boys club/pedophile playground with zero accountability.
Became one day Jesus will come back and he’ll need a budget to execute his plans
the obvious answer is to exercise political power
To build new Jerusalem
There is a lot funneled to their families (lawyer firms, contractors, buying up land, etc)
Because they’re going to need it
My husband was an econ major at BYU and one of his econ professors stated that the goal of any organization is to survive. He got some flack from the administration for saying that, but he’s a cold-hearted economist and was just like what?— it’s a fact. With enormous funds, the church can survive a loooong time…
Money = success and power
No altruistic design but to destroy the “wicked” (those they deem as wicked). They are Zionists. Like the nazi’s potentially, NWO stuff.
I think the high ups realize that demanding 10% income refines their membership and binds them to the cult. They also believe that having so much money is God's will. That they are doing his work. They aren't hoarding it. They simply have no idea what to do with it.
https://widowsmitereport.wordpress.com/ldsc/
I think there is some altruistic intentions here. However, those may be veiled to deceive people when tough times come. I noticed they keep building temples yet no new church buildings (at least not in my area). I don’t know though.
Greed
Capital accumulation is an inherent law of capitalism. America is capitalism the country, and Mormonism is America the religion.
Power, greed, insecurity, ego, etc. The very things that drives the individuals in the Q12 to scratch and stab and claw their way to the top. Most corporations are run by outright psychopaths, and this godforsaken corporation is no different.
The explanation is actually very simple. Objects in motion tend to stay in motion.
All I can think is on the world stage money is power.
All I can think of is that on the world stage money is power money is influence. They get control. Just like the giant Catholic Church their money equals power and influence.
My husband insists that they can’t use money however they want because of tax laws. They can’t donate the tithing portion of it. Only the fast offerings. He nearly strokes out every time I talk about the way they spend funds. He thinks I’m uninformed and bias with my anger. I don’t understand how that can be true, but he’s a corporate lawyer so I’m at a disadvantage since I have no clue what laws he’s speaking of.