How the Mormons Make Money | BusinessWeek.com

[_The Mormon Report]

For your consideration:

How the Mormons Make Money | BusinessWeek.com

[_DarkHelmet]

The article misses the primary revenue stream for the church - tithing. I'm sure their for-profit ventures generate good profits, but their tithing revenue is their cash cow. Every company needs a cash cow to support the other ventures.

[_Nortinski]

OMG. Best quote from this article,

“We look to not only the spiritual but also the temporal, and we believe that a person who is impoverished temporally cannot blossom spiritually.”

Holy crap. Tell that to Mother Teresa or, I dunno, Jesus H. Christ!

That is the dumbest thing I think I have ever heard a moron say. Mormon. I meant Mormon.

[_DarkHelmet]

OMG. Best quote from this article,

“We look to not only the spiritual but also the temporal, and we believe that a person who is impoverished temporally cannot blossom spiritually.”

Holy s***. Tell that to Mother Teresa or, I dunno, Jesus H. Christ!

That is the dumbest thing I think I have ever heard a moron say. Mormon. I meant Mormon.

I was about to post the same thing. That comment is getting a lot of angry responses in the comments section. That will give Business Week readers a really good opinion of Mormons. The quote was from

Keith B. McMullin, who for 37 years served within the Mormon leadership and now heads a church-owned holding company, Deseret Management Corporation (DMC), an umbrella organization for many of the church’s for-profit businesses.

Obviously, anything this McMullin guy says can't be held as official church doctrine, but how prevalent is that line of thinking among the leadership?

[_Stormy Waters]

I guess I'm behind the times, but I didn't know they used senior missionaries to support the for profit ventures of the church.

[_Stormy Waters]

OMG. Best quote from this article,

“We look to not only the spiritual but also the temporal, and we believe that a person who is impoverished temporally cannot blossom spiritually.”

Holy s***. Tell that to Mother Teresa or, I dunno, Jesus H. Christ!

That is the dumbest thing I think I have ever heard a moron say. Mormon. I meant Mormon.

Goodness, have these people read the Bible?

Luke 18:22
"Now when Jesus heard these things, he said unto him, Yet lackest thou one thing: sell all that thou hast, and distribute unto the poor, and thou shalt have treasure in heaven: and come, follow me."

[_gramps]

From the article:

Watching a religious leader celebrate a mall may seem surreal, but City Creek reflects the spirit of enterprise that animates modern-day Mormonism.

It is even more surreal when it is not just a mere religious leader, but rather God's one, true Prophet. Something just seems a bit incongruous here, but maybe it is just me.

[_LDSToronto]

McMullin explains that City Creek exists to combat urban blight, not to fill church coffers. “Will there be a return?” he asks rhetorically. “Yes, but so modest that you would never have made such an investment—the real return comes in folks moving back downtown and the revitalization of businesses.” Pausing briefly, he adds with deliberation: “It’s for furthering the aim of the church to make, if you will, bad men good, and good men better.”

[_Cylon]

The wisdom of the prophet, God's representative on earth, Thomas S. Monson: "One, two, three—let’s go shopping!"

[_Bob Loblaw]

Baptisms may be down, but profits are up. That's a win.