Stone holm Posted June 11, 2015 Share Posted June 11, 2015 I personally don't care whether the Church invests in stuff that may or may not meet our social standards, but I am curious as to why suddenly I am seeing posts of articles questioning the investment in City Creek. Hasn't that been around for awhile? Is it tanking or something right now? Why is it suddenly in the blogosphere again? Link to comment
JLHPROF Posted June 11, 2015 Share Posted June 11, 2015 I personally don't care whether the Church invests in stuff that may or may not meet our social standards, but I am curious as to why suddenly I am seeing posts of articles questioning the investment in City Creek. Hasn't that been around for awhile? Is it tanking or something right now? Why is it suddenly in the blogosphere again? People have stupid issues for no good reason? Link to comment
Tacenda Posted June 11, 2015 Share Posted June 11, 2015 Stone holm do you have a link or reference? Link to comment
Kenngo1969 Posted June 11, 2015 Share Posted June 11, 2015 Stone holm do you have a link or reference?Good girl, Tacenda! Link to comment
Robert F. Smith Posted June 11, 2015 Share Posted June 11, 2015 I personally don't care whether the Church invests in stuff that may or may not meet our social standards, but I am curious as to why suddenly I am seeing posts of articles questioning the investment in City Creek. Hasn't that been around for awhile? Is it tanking or something right now? Why is it suddenly in the blogosphere again?Who knows? Would Roman Catholics (or anti-Catholics) get upset if the Roman Curia made improvements to Vatican City? Real estate is one of the soundest investments possible. In fact, most of the LDS Church holdings are in real estate. Link to comment
Stone holm Posted June 11, 2015 Author Share Posted June 11, 2015 Puremormonism.blogspot.com. At least I think that was where the post came from, it was being posted on Plain Mormon Facebook page. It seemed to be an attack on the Church using tithing to make money. Really didn't understand the issue, as I thought Adam Smith had been canonized. Did I miss a memo, or something...I thought we had given up on the United Order until the Millenium, so why are they complaining about catering to the 1%? Link to comment
Mystery Meat Posted June 12, 2015 Share Posted June 12, 2015 Puremormonism.blogspot.com. At least I think that was where the post came from, it was being posted on Plain Mormon Facebook page. It seemed to be an attack on the Church using tithing to make money. Really didn't understand the issue, as I thought Adam Smith had been canonized. Did I miss a memo, or something...I thought we had given up on the United Order until the Millenium, so why are they complaining about catering to the 1%? City Creek is an interesting study. I heard from a member of the Presiding Bishopric that between the year before the mall opened and the year that it did, visits to Temple Square rose something like 10%. This had a direct effect on discussions taught. People should also know that the Church never, ever, ever used tithing funds on City Creek. Nor was the money ever tithing funds. The Church never had to use tithing funds for its other investments. Basically, the money it uses for its holdings were never tithing; not yesterday, not ten years ago, not fifty years ago, not 150 years ago. Link to comment
Robert F. Smith Posted June 12, 2015 Share Posted June 12, 2015 ............................................................ .......................................... Basically, the money it uses for its holdings were never tithing; not yesterday, not ten years ago, not fifty years ago, not 150 years ago. You might want to differentiate commercial real estate holdings from holdings for religious purposes. Most LDS real estate worldwide is in meeting houses, temples, Church Educational System (institutes, colleges, and universities), visitor centers, distribution centers, and the like. Link to comment
Mystery Meat Posted June 12, 2015 Share Posted June 12, 2015 You might want to differentiate commercial real estate holdings from holdings for religious purposes. Most LDS real estate worldwide is in meeting houses, temples, Church Educational System (institutes, colleges, and universities), visitor centers, distribution centers, and the like. Sorry. The for profit holdings never originated from tithing dollars. Link to comment
Stargazer Posted June 12, 2015 Share Posted June 12, 2015 Sorry. The for profit holdings never originated from tithing dollars. There would be the occasional nincompoop nitpicker who might point out that if it weren't for the tithing dollar, the church couldn't afford to use the other dollar to buy City Creek. I guess this is related to the economic term, "opportunity cost". But seriously folks... Link to comment
Kenngo1969 Posted June 12, 2015 Share Posted June 12, 2015 Puremormonism.blogspot.com. At least I think that was where the post came from, it was being posted on Plain Mormon Facebook page. It seemed to be an attack on the Church using tithing to make money. Really didn't understand the issue, as I thought Adam Smith had been canonized. Did I miss a memo, or something...I thought we had given up on the United Order until the Millenium, so why are they complaining about catering to the 1%?Tacenda's nicer than I am. If I had made the request, it would have been an official CFR, for which, "Uhhhh ... I saw it somewhere on the Interwebz ... I think" (or even referring to a whole Web site) wouldn't suffice. But ... hey ... whatever counts for proof ... or even for evidence ... in your world. Link to comment
rpn Posted June 12, 2015 Share Posted June 12, 2015 Better question is why it has never left the blogosphere ---- it is a big issue for some people. And if it really came from the puremormonism blog, then its reappearance may just mean that the author of that blog (who was recently excommunicated) no longer feels any constraints to what he posts. Link to comment
Mystery Meat Posted June 12, 2015 Share Posted June 12, 2015 There would be the occasional nincompoop nitpicker who might point out that if it weren't for the tithing dollar, the church couldn't afford to use the other dollar to buy City Creek. I guess this is related to the economic term, "opportunity cost". But seriously folks... Haha. That is not true. At all. Link to comment
Stargazer Posted June 13, 2015 Share Posted June 13, 2015 Haha. That is not true. At all. Please elucidate why not. I'm not a nincompoop, so would not advance the idea as if I believed it, but how would you dispel the nincompoopery? Link to comment
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