MG 2.0 wrote: ↑Wed Feb 22, 2023 3:33 am
From the article:
The church said it wanted to maintain the privacy of its holdings. Some church officials said previously that they wanted to avoid church members following church investments as a roadmap for personal investing because they might not be appropriate to their circumstances.
This ended up being a mistake. Good intentions with an unfortunate result. It’s fixed.
Regards,
MG
This is an uninformed oversimplification. The church gave that as 1 of 3 reasons for hiding the assets. This 1 may be "fixed," but only with a stain of being lawbreakers forever, and then there are the other 2 which you conveniently choose to ignore, which are more problematic. All 3 are fear-based reasons and ultimately will break more shelves, even if not your own evidently titanium one (assuming you are capable of comprehending what comprises a shelf in the first place - I am not convinced).
The other two reasons given by church officials are/were:
(a) they worried members would stop paying tithing upon learning how much money the church had saved. That's going to be self-fulfilling. The only fix is to actually invest in humanitarian infrastructure and become like Jesus. Will not be easy but I hope they do it.
(b) they worried that the public would critique the church's use - or more correctly, non-use - of "sacred funds." This one also is self-fulfilling. Just use the funds like Jesus, rather than accumulate a top-100 stake in American capitalism, and the problem goes away. The critique they feared is warranted in every way.
Back to ignore for the inane troll.