More Spiritual money laundering

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_Mercury
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More Spiritual money laundering

Post by _Mercury »

Since jason does not see the graft going on via Property Reserve Inc, here is an example of shady business deals used to turn tithing into payoffs:

http://www.rickross.com/reference/Mormon/mormon568.html

So some Mormon buys worthless land and sells it to the Mormon church for double what its actually worth.

If this is not curcumstantial evidence for tithing money changing hands then I dunno what is.

Suck on it Jason.
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_moksha
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Re: More Spiritual money laundering

Post by _moksha »

Sometimes huge financial deals are made with spiritual eyes rather than financial acumen. Besides, these purchases helped out large tithe payers so what's wrong with that? There is always a demand for undeveloped desert land.
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_Mercury
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Re: More Spiritual money laundering

Post by _Mercury »

moksha wrote:Sometimes huge financial deals are made with spiritual eyes rather than financial acumen. Besides, these purchases helped out large tithe payers so what's wrong with that? There is always a demand for undeveloped desert land.


Bull
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_Inconceivable
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Re: More Spiritual money laundering

Post by _Inconceivable »

Maricopa has been one of the most speculative armpits of the housing boom in Arizona.

For the most part, it's in the middle of nowwhere between Tucson and Phoenix. The land is flat, smoldering hot and desolate near a poorly zoned little hick farming town named Maricopa.

This land will certainly be one of the very last areas where property values may someday rise , if ever, again.

There is absolutely no justifiable reason why the church needs this land. It's not even farmland if it's been zoned for development.

If this isn't one of the most screaming reasons why the feds need to investigate the Mormon church's financial dealings and pull their tax exempt status, I don't know what is.

I used to respect Ira Fulton.
_Mercury
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Re: More Spiritual money laundering

Post by _Mercury »

Inconceivable wrote:Maricopa has been one of the most speculative armpits of the housing boom in Arizona.

For the most part, it's in the middle of nowwhere between Tucson and Phoenix. The land is flat, smoldering hot and desolate near a poorly zoned little hick farming town named Maricopa.

This land will certainly be one of the very last areas where property values may someday rise , if ever, again.

There is absolutely no justifiable reason why the church needs this land. It's not even farmland if it's been zoned for development.

If this isn't one of the most screaming reasons why the feds need to investigate the Mormon church's financial dealings and pull their tax exempt status, I don't know what is.

I used to respect Ira Fulton.


Its simple. Cash deals for land purchased with tithing funds and the members have no idea its happening all the time around them.
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_Mercury
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Re: More Spiritual money laundering

Post by _Mercury »

Crickets.

So am I just off the wall here or is this just a little too much?

Feedback?
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_Henry Jacobs
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Re: More Spiritual money laundering

Post by _Henry Jacobs »

Mercury wrote:Crickets.

So am I just off the wall here or is this just a little too much?

Feedback?


Of course this is WAY too much. This is a blatant case of misusing of the lord's money. But what's pathetically sad is Mormons, who would never stand for their city overpaying for land from one of it's councilmen, would never think of even questioning the payoff of Ira Fulton, "Mormon philanthropist".

And this is simply one case where a reporter actually connected a couple of dots and wrote about it. Imagine how many "Mormon philanthropists" a.k.a large tithers have had their back scratched with church money over the past 180 years.

Church. Yea right!

Crickets are all you'll hear from the believers on this board who's sense of right and wrong has been twisted by years of conditioning.
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_cinepro
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Re: More Spiritual money laundering

Post by _cinepro »

FYI, this was discussed over at MADB last year:

Church Purchases Nearly 2000 Acres in Maricopa
_harmony
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Re: More Spiritual money laundering

Post by _harmony »

Mercury wrote:
moksha wrote:Sometimes huge financial deals are made with spiritual eyes rather than financial acumen. Besides, these purchases helped out large tithe payers so what's wrong with that? There is always a demand for undeveloped desert land.


Bull


Actually, to be truly accurate, that should be "Penguin!"

And this is just one more in a long list of reasons to open the damned books! (not that anyone is listening to me)
(Nevo, Jan 23) And the Melchizedek Priesthood may not have been restored until the summer of 1830, several months after the organization of the Church.
_Yong Xi
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Re: More Spiritual money laundering

Post by _Yong Xi »

I suspect Ira Fulton is strapped for cash. The church gave some back to him. Nothing else makes sense (at least to me.) They are not that stupid to grossly overpay for the land.
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