SEC Charges Mormon Church For Concealing $32 Billion Portfolio
(www.zerohedge.com)
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LDS church is crazy strict when it comes to finances, I imagine they will fight this the article says they believe followed the laws. No doubts they looked for any which way to avoid taxes, who wouldn’t? Look at how they go after anyone who isn’t one of them to try to get money out of them. Not Biden, not Abrams nope a church, Trump any conservative group or that members pay into and funds are used for something they don’t have their hands on. Very few of our leaders get salaries and are never exorbitant. Members donate the use of private planes for our Prophet and church leadership often. I don’t doubt there are bad people in the church, I don’t believe there is an org out there that can’t be infiltrated, on the whole I do believe most members and leaders truly believe they are doing good. My family wouldn’t have survived after my dad died if not for the church. The LDS church welfare system is probably the best setup in the world. The employment services top and so on and humanitarian are often first in to help after disaster. However I’m not naive to not notice that often times LDS businessman aren’t a little unethical now and again or members don’t try to take advantage of each other. Running jokes about never working on a church job because they try to be cheap. Well it comes down to they are cheap because they don’t believe it’s their money. Unlike politicians who are wasteful with taxpayer money, church leaders are extremely frugal with what they believe to be the money of Christ church- if that makes sense. Yeah they aren’t going to willfully give it to the government to be used to fund trans surgeries for dogs or whatever crazy things they might want. They definitely wouldn’t willingly do something illegal but yeah they’d try to be smart and avoid taxes absolutely. This is going to be interesting to watch!
Not many people know how much the LDS Church helps out in times of need and disasters. They do not realize the LDS church does alot and does not want credit or people to know about it. They do not believe in recognition for it
My best friends house burned down when I was in elementary school, they lost everything and we lived in a very small rural farming town. The LDS church was the first one to get them clothes and stuff they needed (this was in the 80’s). My dad died when I was 7 leaving my mom with 6 kids the youngest 2 mos old. He didn’t have life insurance and we were poor already as my dad had lost his job just before he died. When I didn’t have my own bed we were given solid wood bunk beds from Deseret. We often got food from Bishops storehouse and my mom would volunteer at the canning center to help in the way she could. I know a lot of people hate the church or think horrible things but there are so many times in my life I’ve been blessed by just knowing members of the church and I try to help others whenever I can in the same way.
Martha is correct about the good that the LDS church does through its charitable organizations, both locally and worldwide.
Many people have no idea that when there's a major disaster anywhere on the planet, often the LDS church is the first organization on the ground providing food, water, clothing, and shelter. By first on the ground, I mean that it is not uncommon for them to be there giving aid before the local government can get its act together.
The money isn't used to grow some huge religious empire the way many people seem to think. It's used to fund the growth of the church around the world through missionary work and the building of churches and temples for members to use, and also for huge amounts of charity work of all kinds all over the planet.
If people want to hate the LDS church, that's their right, and that's on them. But they should at least know the truth of what they're hating.