High profile Mormon and family publicly resign

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Bought Yahoo
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Re: High profile Mormon and family publicly resign

Post by Bought Yahoo »

Dr Exiled wrote:
Mon Dec 20, 2021 3:31 pm
Just read the article. The Q15 must truly be upset about this one. The guy is worth around $5 Billion.
Not a chance.
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Re: High profile Mormon and family publicly resign

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Bought Yahoo wrote:
Tue Dec 21, 2021 2:33 am
Dr Exiled wrote:
Mon Dec 20, 2021 3:31 pm
Just read the article. The Q15 must truly be upset about this one. The guy is worth around $5 Billion.
Not a chance.
Not a chance for which statement?
Myth is misused by the powerful to subjugate the masses all too often.
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Re: High profile Mormon and family publicly resign

Post by Kishkumen »

He’s made a good decision in how to share his wealth after he dies. It sounds like he was essentially out of the LDS Church for a while anyway. His brother Justin hit the nail on the head for the other real reason to leave—the dreary meetings and lack of spiritual nourishment.
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Re: High profile Mormon and family publicly resign

Post by Dr Moore »

Here's a interesting fact. h/t to Consig for the idea to check.

In the September ended quarter of this year, Ensign Peak Advisors doubled its position in TTD (The Trade Desk, Jeff's company).

Doubled!

The data is here:
https://sec.report/Document/0001454984-21-000006/
https://sec.report/Document/1454984/000 ... 000006.txt

And in cleaner format, here: https://wallmine.com/fund/4f5/ensign-peak-advisors-inc
Scroll down, click on the "Bought" tab, and then scroll down to this entry:
Trade Desk Inc/the +98.76% 112,091 $7,880,000 .02%
While a relatively small position for EPA, this entry means that some portfolio manager on the investment side of the Church recently decided to recognize the incredible business Jeff has built and value Jeff's leadership, and expressed that view by increasing the investment in TTD by 98.76%.

So, as of that last filing, EPA investment holds 112,091 shares of TTD (roughly $10 million at today's price).

I for one will be very keen to see if EPA takes Jeff's public resignation as a call to sell the stock in protest of Jeff's public resignation, or will the EPA managers continue to own stock in a company whose CEO recently excoriated church leaders with a public shaming.
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Re: High profile Mormon and family publicly resign

Post by IHAQ »

That’s a heck of a catch Dr Moore.
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Re: High profile Mormon and family publicly resign

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Dr Exiled wrote:
Mon Dec 20, 2021 3:31 pm
Just read the article. The Q15 must truly be upset about this one. The guy is worth around $5 Billion. Just think of the tithing lost and the opportunities the Fund would have had? I'm sure the good folks at Deseret Trust https://www.deserettrust.com/?lang=eng were chomping at the bit, readying sales pitches, to try and get this coveted billionaire to turn over his estate to them instead of the charity he established. Too bad. Well, at least the Fund continues to grow at an incredible rate. So, the year end celebration can still go on.
The 'church' doesn't need his tithing or anyone else's, it has ungodly sums of money right now to the tune of hundreds of billions, which is interesting because I think the 'brethren' know the 'church' is not what it claims and so why, at this point, do they care about converts or membership, especially when they don't need tithepayers anymore for their financial perks and benefits?
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Re: High profile Mormon and family publicly resign

Post by BeNotDeceived »

Philo Sofee wrote:
Tue Dec 21, 2021 12:51 am
Just wow! I suspect he knows his money will be vastly more helpful as HE decides where it goes instead of where the church decides. Good on him. I wish him well.
Therein lies the problem, you can't even direct where a donation goes anymore because of the new disclaimer which says the 'church' will use the funds however it wants, which means investing in Babylon because several hundred billion isn't enough, it's almost like the goal is to become the world's first trillion dollar real estate corporation. 🤢
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Re: High profile Mormon and family publicly resign

Post by sock puppet »

Does anyone have a link to the entire letter of resignation?
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Re: High profile Mormon and family publicly resign

Post by drumdude »

For some reason, Peggy fletcher stack decided not to publish the full letter, only her snippets from it. Probably because she is a believing Mormon herself.
Peggy Fletcher Stack article wrote:“Although I have deep love for many Mormons and gratitude for many things that have come into my life through Mormonism, I have not considered myself a member for many years, and I’d like to make clear to you and others that I am not a member,” Green writes in a Dec. 20 letter to church President Russell M. Nelson. “While I left the Mormon church more than a decade ago — not believing, attending, or practicing — I have not officially requested the removal of my records, until now.”

While most members “are good people trying to do right, I believe the church is actively and currently doing harm in the world. The church leadership is not honest about its history, its finances, and its advocacy,” he writes. “I believe the Mormon church has hindered global progress in women’s rights, civil rights and racial equality, and LGBTQ+ rights.”

It has amassed “more than $100 billion in assets, that is all derivative of the widow’s mite, which doesn’t even measure the real estate and less liquid assets,” he writes to Nelson. “This money comes from people, often poor, who wholeheartedly believe you represent the will of Jesus. They give, expecting the blessings of heaven.”

His former faith “should be doing more to help the world and its members with its wealth,” Green writes. “Instead, I think the church has exploited its members and their need for hope to build temples, build shopping malls, and cattle ranches, fund Ensign Peak Advisors investment funds, and own mortgage-backed securities, rather than alleviating human suffering in or out of the church.”

Green concludes his 900-word missive by saying it is his “formal resignation … effective immediately … without any waiting period.”

The divorced dad of three “is not going to change my mind,” he writes. “After today, the only contact I want from the church is a single letter of confirmation to let me know that I am no longer listed as a member.”

This is noteworthy: Green pulled some of the text of his resignation letter from this ex-Mormon reddit post:
Ex Mormon reddit post from 7 months ago wrote:This letter is a formal resignation from the Church of Jesus Christ of Latter-day Saints and it is effective immediately. I hereby withdraw my consent to being treated as a member. I withdraw my consent of being subject to church rules, policies, beliefs, and ‘disciplines’. As I am no longer a member, I want my name permanently and completely removed from the membership rolls of the church.

I have given this matter considerable thought. I understand the seriousness and the consequences of my actions. My resignation should be processed immediately. I am not going to be dissuaded and I am not going to change my mind. I expect this matter to be handled promptly, with respect, and with full confidentiality.

After today, the only contact I want from the church is a single letter of confirmation to let me know that I am no longer listed as a member of the church.


The reasons for my resignation are numerous, but most can be boiled down to the simple fact that the church does not live up to its own truth claims and has not been honest about church history nor are they accountable for their deceit. The manipulation of truth, which earlier in my life I never suspected, is part of why I never want to be associated with such an organization.

The other significant reason for my resignation is that sin is not a concrete concept. Sin is fluid, different religious leaders within the church focus on different disciplinary actions with different severity regarding the same sin. For example the term Mormon was once embraced by the church to the extent that the movie ‘Meet the Mormons’ was produced and distributed, but now using the term Mormon is a sinful demonstration of Satan’s influence.

I am left wondering ‘which is it? Is it a sin or is it not?’. If sins can change based on who the prophet is then that disproves the idea of God’s constant consistency. For decades the church upholds the word Mormon and suddenly a new prophet claims to do so is a sin, then how can God be the same yesterday, today, and forever?

In case you view this example as unique or lacking in sevarity, allow me to point out that this is only the latest in a long list of topics that were sins but are no longer or vice versa, such as interracial marriage, oral sex, polygamy, the word of wisdom (in that it did not start out as a commandment, but now is required for temple admittance - despite it being an incredibly unclear doctrine), and the utter ban on celestial salvation for African-Americans, more commonly known as the priesthood ban.

With all these examples under consideration I have concluded the answer is that sin does not exist. Therefore we need no savior, there is no divine eternal plan. And if there is no plan of salvation, then there is no God out in the universe outside of humanity judging us all. Thus I am no longer a member of the Church of Jesus Christ of Latter-day Saints!
https://www.reddit.com/r/exmormon/comme ... letter_of/


Kudos for him letting ex-Mormon reddit do most of the heavy lifting with the boilerplate language, the LDS church isn't worth the time to write a letter that Nelson will throw in the trash with the others.
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Re: High profile Mormon and family publicly resign

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drumdude wrote:
Tue Dec 21, 2021 10:58 pm
Kudos for him letting ex-Mormon reddit do most of the heavy lifting with the boilerplate language, the LDS church isn't worth the time to write a letter that Nelson will throw in the trash with the others.
Any evidence that Pres. Nelson throws these in the trash with others? Any at all?

I mean, these resignations are embarassing to the Church, but how are they any different than resignation letters offered by mere mortal members of the Church? Are these thrown in the trash by Pres. Nelson and ignored?

I admit to having resigned from the Church. I directed them to my bishop and stake president. I know they weren't thrown in the trash.
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