The Astral Pulse
News: http://www.astralpulse.com/aup.html. Acceptable Use Policy for the forums. Please read and ensure that you respect these policies. Thank you.

If you wish the join The Astral Pulse, please create an account and then email myself or one of the moderators your username and email address (do not send us your password please) and we will activate your account for you. 
If it's been over 24 hours and you still haven't been approved, please send another email, we are just people too and sometimes we get busy.
http://www.astralpulse.com/forums/welcome_to_astral_chat/member_registration_requiring_approval-t42962.0.html

We apologize for any inconveniences this may cause, but it's the last resort we have to fighting the spam for now.
 
*
Welcome, Guest. Please login or register. February 26, 2021, 16:00:54


Login with username, password and session length


Pages: [1]   Go Down
  Print  
Author Topic: AOL/Forbes Reports: Christian Capitalism  (Read 1401 times)
jc84corvette
Astral Energy 5
*****
Offline Offline

Posts: 1078

jc71corvette
View Profile Email
« on: October 23, 2003, 22:11:38 »

Wow interesting facts. I did not know they had $1 Billion of merch. WOW!
Logged
Passionate-fool
Astral Energy 1
*
Offline Offline

Posts: 39


View Profile Email
« Reply #1 on: October 24, 2003, 20:21:37 »

It is quite appalling at times isn't it.[xx(]

But just try and remember that most of the general laity doesn't have a clue and are good honest people.
Logged
The Astral Pulse
« Reply #1 on: October 24, 2003, 20:21:37 »

logoVisit the website of Astral Pulse creator Adrian Cooper.

Home of the best selling book Our Ultimate Reality.

Astral Projection, Metaphysics and many other subjects.

 Logged
GhostRider
Astral Energy 3
***
Offline Offline

Posts: 157


View Profile Email
« Reply #2 on: October 30, 2003, 07:51:00 »



  I'm just waiting for the massive (Disney'sh) theme park, the specialty T.V. channels, and the franchise churches... oh, wait a minute, we already got them... oops!

  Then again, can it be any worse than the major corporations who hide their profits overseas and in off-shore bank accounts, occasionally threatening to lay off thousands of workers when the politicians are gutsy enough to even mention making them pay taxes?

~GhostRider

P.S.~ But as investments go, some of them Christian stocks are good, steady gainers...almost recession proof! ...$$$!
Logged

"
Beth
Astral Energy 4
****
Offline Offline

Posts: 710


View Profile
« Reply #3 on: October 22, 2003, 11:48:38 »

[Sad]When I logged on this morning--this is what was waiting for me:[Sad]

http://www.forbes.com/2003/09/12/cz_cc_0915wmtslide_7.html?thisSpeed=6000

“…Wal-Mart's annual sales from Christian-themed merchandise, which is estimated to already exceed $1 billion annually, is growing at a rapid pace…”

http://www.forbes.com/2003/09/16/cx_el_0916gaming.html

http://www.forbes.com/free_forbes/2003/0303/115.html

“…Left Behind II: Tribulation Force…the Lalondes' success [the makers of the Left Behind Films] comes more from marketing than from filmmaking skills. The brothers have persuaded churches eager to attract and entertain teens and young adults to sponsor occasional theatrical screenings, like those on New Year's Eve. The effort helped the company pocket $2 million over one weekend for the first Left Behind movie, after it had been released on video, making 2001 a record year for Cloud Ten with $42 million in sales.”

“…Jonah--A VeggieTales Movie, released last year by Artisan Entertainment, distributor of The Blair Witch Project, has grossed $26 million and spawned a line of Fisher-Price toys.”

“…A-men, says Lalonde, who is taking meetings at big studios and talking of selling a 51% stake in Cloud Ten. Says he: "While there's a separation of church and state, I don't think there needs to be a separation of church and entertainment."

http://www.forbes.com/2003/09/17/cz_lk_0917megachurch.html

“…In 1970, there were just ten such churches, according to John Vaughn, founder of Church Growth Today, which tracks megachurches. In 1990, 250 fit that description. Today, there are 740. The most common trait that these churches share is their size; average number of worshippers is 3,646, up 4% from last year, according to Vaughn. But they also demonstrate business savvy, with many holding conferences (47%) and using radio (44%) and television (38%), according to a 1999 survey conducted by the Hartford Institute for Religion Research. The average net income of megachurches was estimated at $4.8 million by that same survey. [Note: That is a total of over 3.5 billion annually!...and]

Churches are exempt from income taxes. But in some cases they do pay an unrelated business income tax on activities not substantially related to the church's religious, educational or charitable purposes. (Churches do pay payroll, sales and, often, property taxes.) … No doubt, churches have learned some valuable lessons from corporations. Now maybe they can teach businesses a thing or two. Companies would certainly appreciate having the armies of nonpaid, loyal volunteers. "The business world would love to have that kind of fellowship," says Vaughn.”

http://www.forbes.com/global/2002/0610/096.html

“When the swindler Clyde D. Hood prospected for investors, he would boast that he had something Wall Streeters didn't have: a hot line to the divine. Hood, whose pedigree includes work as the manager of a pool hall, claimed that the "Supreme Commander" had ordered him to launch a "Christian program" to help "the little people." He didn't mention the pool hall but did say that he had made a pile turning big profits for corporate clients by trading something called "foreign bank debentures" offshore.

Every hundred dollars invested with Hood's Omega Trust & Trading, in Mattoon, Illinois, would generate a 51-fold return in 275 days. Roll the stake over and your $100 would beget $225,000 (the arithmetic was off a bit). This joint venture of God and Mammon began in 1994 and went on for six years before the secular authorities rose up and smote it. By then Hood and his cronies at Omega had relieved their believers--10,000 victims, from as far afield as Australia and China--of $20 million.

It's an old, sad story: Investors let down their guard when they get a pitch from a self-proclaimed fellow follower of God. With help from the internet, religion-based scams hauled in $1 billion last year, estimates Joseph Borg, president of the North American Securities Administrators Association…

Hood was a master at soothing anxious investors. He taped messages for the investor service phone line that promised "... everything is going fine." As the years wore on with no payoff, he inveighed against mysterious "enemies." He begged for daily prayers to help "in this battle against Satan and his disciples." And in the meantime, he said, "Keep the Lord's warehouse full."

http://ads.forbes.com/RealMedia/ads/Creatives/ft_popunder_bizpfmark_030908/ft_popunder.html

“If the Vatican allows the Archdiocese of Boston to file for bankruptcy in connection with the lawsuits it faces over sex abuse scandals, one thing is certain: Its vast real estate holdings will be used to make the settlement.

Since its early days, the Christian church has been one of the largest landowners in the world. This property traditionally includes not just churches and related structures, such as convents, bishops' palaces and schools, but also non-related structures and real estate.

It is unlikely that the Boston Archdiocese would literally go broke in connection with the $100 million sex abuse settlement. According to a report in The Boston Herald last August, it has about $160 million worth of income-producing commercial real estate and total property worth between $1.3 billion and $1.4 billion…”

***********

Insert Dear God, Please ...stop the madness...

Logged

Become a Critical Thinker!
"Ignorance is the greatest of all sins."
                   --Origen of Alexandria
The Astral Pulse
   



 Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2015, Simple Machines
SMFAds for Free Forums


The Astral Pulse Copyright © 2002 - 2014
Valid XHTML 1.0! Valid CSS! Dilber MC Theme by HarzeM