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JEHOVAH'S WITNESSES - Is it true that the "Watchtower Society" is part owner of Rand Cam Engin Corp, ?
I don't have any idea that is why I am asking.
Rand Cam is a big military contractor.
- Anonymous1 decade agoFavorite Answer
Yes they have investments there They also kept stock in Phillip Morris which was left to them as well, Dumped it when they got exposed
Henrietta M. Riley Trust Fund. There was a heated discussion several years ago, here's the thread: http://www.jehovahs-witness.net/watchtower/scandal... Basically it is an investment fund whose sole beneficiary is the Watchtower society. The discussion was that this fund had investments in Phillip Morris tobacco company.
I: SOME RELEVANT QUOTES FROM WATCHTOWER PUBLICATIONS
1: The position of the Watchtower as regards smoking
*** jv 181 13 Recognized by Our Conduct ***
As a further forward step in consistent application of that Bible counsel, none who were still smoking were accepted for baptism from 1973 onward. During the following months, those who were actively involved in tobacco production or in promoting the sale of tobacco were helped to realize that they could not continue to do that and be accepted as Jehovah’s Witnesses.
2: Watchtower criticism of the Catholic Church's involvement in the tobacco business
*** g95 10/8 28 Watching the World ***
“Holiness, why does the
Vatican still sell cigarettes?" a priest asked John Paul II during the pope's yearly audience with the clergy of Rome. He continued: "Besides damaging health, this commerce contradicts your continual appeals in favor of the protection of health and our pastoral activity." For Ugo Mesini, the 76-year-old priest, the fact that the Vatican sells tobacco and cigarettes containing the statement "smoking is damaging to your health" is a "counter-testimony" and a "contradiction" to the pope's message. As reported in the Rome newspaper Il Messaggero, the pope replied that on the matter of tobacco, his "conscience is clear." He promised, though, to speak about the Vatican's cigarette sales with the overseeing cardinal.
3: Watchtower quote on whether a Jehovah's Witness can be involved in selling cigarettes
*** w99 4/15 29 Questions From Readers ***
3. To what degree is the person involved? Let us return to the example of a store. Probably an employee assigned to run the cash register or to fill the shelves only occasionally handles cigarettes or religious items; that is a small part of his overall work. What a contrast, though, with an employee in the same store who works at the tobacco counter!
4: Quote regarding not investing in "unethical" enterprises
*** g00 10/8 pp. 25-27 Is It Wise to Invest in the Stock Market? ***
By considering the background of a company, an investor can also ensure that his money will not be used to support an unethical enterprise. —See Awake!, February 8, 1962, pages 21-3.
II: THE HENRIETTA M. RILEY TRUST.
The H M Riley Trust is a U.S. trust that has the Watchtower Society as the sole beneficiary. Basically, it is a vehicle to make income for the Watchtower, using assets left by Henrietta Riley. The income generated by the trust is transferred to the Watchtower by means of a "donation". For the year ended April 30, 2002, the trust generated income of $1,740,127 and donated $1,945,645 to the Watchtower. In comparison, for the 2001 year the trust generated $2,939,731 in income, and donated $3,285,050 to the Watchtower. The difference between income and expenditure is made up by realising gains on the assets held.
One name that jumps out from the list above: Philip Morris Companies Inc, one of the world's largest manufacturers of cigarettes and tobacco products. Philipmorris.com states:
The Philip Morris name has long been associated with high quality tobacco products and globally recognized cigarette brands. Today the name is proudly carried by the leading cigarette manufacturer in the United States, Philip Morris USA, and by Philip Morris International, the world’s leading international cigarette business with products sold in 160 countries worldwide.
Thus, the trust has made an investment in a cigarette company, with the object of generating income which will be transferred to the Watchtower Society.
The initial quotes showed clearly that the Watchtower regards smoking as an unchristian activity. Indeed, smoking is a disfellowshipping offence for a Jehovah's Witness. A Jehovah's Witness is also not permitted to be employed in the tobacco industry, even to the extent of working at the cigarette serving counter of a store. There can be no doubt that if an individual Jehovah's Witness invested in the cigarette industry, the Watchtower would consider this an unchristian type of investment.
Yet, a trust which exists for the primary reason of generating income for the Watchtower, invests in a cigarette company. While the amount of the investment is small, it is not the amount that is the issue, but the principle: the Watchtower Society will benefit from an investment made in the tobacco industry.
They will do this knowingly, because if I can get hold of this information, do you really think that the Watchtower Society doesn't have a copy of these very same documents? And while the objection could be made that it is not actually the Watchtower Society itself making the investment, but just receiving the cash, is this a valid defence? If they know that the money is from a source they have condemned as unchristian, are they not hypocritical in receiving it? Remember that the sole purpose of this trust is to generate income for the Watchtower.
In fact, here is another example of the Watchtower's hypocrisy in matters of principle. That which they condemn other religions for, and restrict their individual followers from, becomes acceptable when it results in $$$ for the Watchtower Society itself.
From their own lips:
*** g70 2/8 23 Churches in Business ***
After listing some of the many companies in which the Vatican has substantial interest Mr. Lo Bello observes: “The foregoing details provide an uncomfortably sharp realization that the Vatican and its men have indeed carved a niche for their firm in the world of big business.”
The vast business holdings of the and of other religious organizations bind them inseparably with the business world. How unlike the true Christians concerning whom Jesus Christ said: “They are no part of the world”!—John .
The religious organization that truly is serving God, in harmony with the example set by Jesus Christ, concentrates on preaching and teaching the liberating truths of his Word and does not become involved in commercial businesses. Following the Bible’s instructions, it does not involve itself in “the commercial businesses of life.”—2 Tim. 2:4.
- AnitaLv 45 years ago
Moses is trying, got to give him credit for cut and paste that at least separates the paragraphs. Seriously though, his response gives allot of insight into Watchtower group think. Those eleven 11 scriptures he refers to do not prove a single thing Moses asserts. Jumping from Psalms (poetry, songs, praises, hopes) to Isaiah (prophecy directed to Israel) to Acts (words uttered to those with the hope of life in heaven) only proves that Jehovah's Witnesses do not read context of the scriptures they use to "prove" their interpretations. Moses actually inferring that by the sheer weight of 11 scriptural references it all has to be true is naive and displays a completely gullible mindset. If only jw like Moses would see with their own eyes of common sense, that the jw leaders interpret the bible just like every other religion throughout history, they might actually stop and reflect on what you are asking. The fact is we ex-jw have tried and tried to give scriptural rebuttal, personal observations and experiences, coupled with reference after reference of serious error's made by Watchtower leadership old and new, yet because jw minds are so afraid, so fearful of the 'apostates'. they fold under the pressure. Right now the organization is tightening the reigns on the jw membership. In fact in the May issue of the Watchtower we ex-members are satanized, reviled, and in no uncertain terms the jw now have been told for a second time, not to even address anyone who is a former member. Some of the new jw are already gathering 'the brothers' together to obey their cult masters. Sad to watch this all unfold right here on YA. @Probably should try to address your question. NO ex-jw will not do, or even threaten violence against the Watchtower. What we will do is continue to reveal all the lies, error, and arrogant interpretations of scripture. Every day over 200 jw are disfellowshiped, every day many will come to see just how duped they were. Is it any wonder why the 7 old men in New Jersey are deathly frightened of us? Who really are the weak, fearful, and pitiable followers of god or is it in fact MEN? @@ toml....I know many of us here are simply concerned over family members still inside the walls. Maybe just maybe something we say will help them to peek out over the edge of the towers and see what really is going on inside, is no where near real truth. Ever notice how ex-jw apostates refrain from ever telling jw that they are from the devil, or mentally diseased? Yet jw throw such expressions about us on a daily basis. Just maybe someone is helped by what our experience has been inside the cult.
- 7 years ago
If the Watchtower were to lose every rank and file JW from apostasy tomorrow, the Watchtower would still be flying high without them because of the immense wealth in investments and other money making schemes. At the end of the day, it's just a greedy corporation disguised as a religion.
- Anonymous5 years ago
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- Anonymous1 decade ago
Yes and no. They did receive stock in that company from a member who died and left it to them. For a number of years, they kept the stock because it was profitable. But when the issue became public, they sold it. They are no longer owners of stock in a military company. That would send the wrong message.
- Anonymous1 decade ago
Have you noticed how people say things but didn't provide proofs??
Cause I can proof that the religion of Rustic had killed people in Iraq I provided proofs...but he only talk but don't provide proofs.
The Land letter was a letter sent to U.S. President George W. Bush by five evangelical Christian leaders on October 3, 2002, outlining their support for a just war pre-emptive invasion of Iraq. As its foundation for support, the letter refers to the "criteria of just war theory as developed by Christian theologians in the late fourth and early fifth centuries A.D." The letter was written by Richard D. Land, president of the Ethics & Religious Liberty Commission of the Southern Baptist Convention. It was co-signed by:
* Chuck Colson, founder of Prison Fellowship Ministries
* Bill Bright, chairman of Campus Crusade for Christ
* James Kennedy, president of Coral Ridge Ministries, and
* Carl D. Herbster, president of the American Association of Christian Schools
- Anonymous1 decade ago
I thought the SDA church was part owner
- Anonymous5 years ago
Not sure about that
- Anonymous1 decade ago
No. That is an apostate lie. We reject all military service or connection with war. This is so wrong. Are you an apostate?