...looks like old-fashioned "asset-stripping".

...a quick read of these articles sites many of the same problems LDS Inc. is experiencing. Members clueless, revenues down, cost of publishing (Awake), internet awareness, just being a few........

...gee, would anyone be surprised if some of the $$$ just walks away? "We're not sure we counted it correctly".


http://jwsurvey.org/cedars-blog/watchtower-nets-375-million-cash-windfall-from-brooklyn-factory-sale

http://jwsurvey.org/cedars-blog/jw-org-begins-accepting-credit-card-donations

http://ex-jw.com/governing-body-admits-doubts-over-new-headquarters-plans

...this sounds almost identical to the criticisms leveled at LDS Inc.


"On the one hand, the Governing Body tells us that the times are urgent, and that we are on the cusp of the “Great Tribulation.” On the other hand, they distract themselves with real estate transactions and lengthy building projects that drain both the time and resources of their flock. They unwittingly mimic the five foolish virgins by busying themselves with non-essential material concerns at a time of supposed urgency. After all, why exactly is a new world headquarters needed? Has Jehovah provided insufficiently with the existing facilities at Wallkill, Patterson and Brooklyn?

It’s difficult to look at these lavish plans and imagine behind them a group of men who are truly representative of the “faithful and discreet slave.” How can these men be entirely focused on “delivering food at the proper time” to a global brotherhood, when they are so easily distracted by needless projects that drain both time and donations?"

They teach their flock not to seek higher education because of End Times being upon us yet they pursue building programs which speak to a long future ahead. Good insight about the foolish virgins and the leaders being distracted (not by virgins; juxtaposition there is incidental!)