Some Interesting Tidbits On The Mormon Church(AKA, The Corporation of the President) And What They Are Invested In!!
The Church of Jesus Christ of Latter-day Saints and Mormon are trademarks of Intellectual Reserve, Inc.
Proof that the Church refers to themselves as "The Corporation of the President."
Our Identity and How to Contact Us
This site is owned and operated by Corporation of the President of The Church of Jesus Christ of Latter-day Saints
I thought that this was an interesting link showing how it all fits together,at least certain parts of the corporation:
Look guys at all the things we can donate to:
Here are our options of how we want to give that gift:
Check, credit card, money order, wire transfer, or automatic bank withdrawal
Strange, I thought that the Church discouraged credit card debt, I guess unless you are giving money to God and his Church.
Plus, look at all the assets we can give them too!! How nice of them:
Stocks, bonds, or mutual funds
• Personal residence
Home, duplex, or condominium
• Farm or ranch
Family-owned or inherited property
• Commercial real estate
Office buildings, apartments, or other rental property
• Unimproved property
Raw or partially developed sites
Paintings, sculptures, or other fine art
• Retirement plan assets
IRAs, Keoghs, or other qualified plans
• Patents, royalties, or copyrights
Oil, music, inventions, etc.
• Life insurance policy with cash value
Mature policies with accumulated cash value
• Collectibles or other tangible personal property
Coins, stamps, books, artifacts, animals, etc.
• Equipment or inventory
Medical equipment, computers, machinery, etc.
Deseret Mutual Benefit Association was restructured as a mutual insurance company; its owners continued to be the LDS Church (under the Corporation of the President) and its subsidiaries. The name was changed to DESERET MUTUAL INSURANCE COMPANY, doing business as DESERET MUTUAL.
SuzieQ#1 had a great post the other day regarding Deseret Mutual Benefit Administrators and their saving thrift plan.
If you look under Longleaf Value Equity, one of the fund managers, you'll find some of the companies that they are invested in, therefore the Church is also invested in them.
Common Stock 82.0%
Vivendi Universal SA 6.7
Koninklijke Philips Electronics N.V. 6.2
Yum! Brands, Inc. 5.9
General Motors Corporation 5.6
Cemex S.A. de C.V. 5.6
The Walt Disney Corporation 5.4
Liberty Media Corporation 5.0
Comcast Corporation 5.0
FedEx Corporation 5.0
The DIRECTV Group, Inc. 4.9
The NipponKoa Insurance Company, Ltd. 4.8
Pioneer Natural Resources Company 4.3
Aon Corporation 4.2
Waste Management, Inc. 3.3
Telephone and Data Systems, Inc. 3.3
Knight-Ridder, Inc. 2.1
Level 3 Communications, Inc. 1.9
Corporate Bonds 2.3
Level 3 Communications, Inc. 2.3
Cash Reserves 15.5
Other Assets and Liabilities, net 0.2
So, lets see....The Church is generating income from Direct TV and Comcast, which show and make great profits from hard-core porno. Disney, which shows R-rated movies through Touchstone. Also, Diageo, which is an alcohol and spirits company with such brands as Smirnoff, Guinness, Baileys, Cuervo, etc.
It's nice to finally be able to find the evidence and the connections that we all knew were out there somewhere, so it comes as no surprise. Since they do have a little interest in Diageo, maybe that explains why they wanted the restaurants to sell alcohol in their mall. I guess if they can't make money directly by owning the physical ground of the restaurants, they can make it through alcohol being sold to the restaurants. I'm sure that somewhere they have many more investments in alcohol that we just haven't found yet. If anyone finds more, lets us know.
Thanks SuzieQ#1 for your awesome post a week or so ago. I just wanted to mention it again so that everyone that didn't see it, can see it again. You financial experts out there, if we are somehow wrong on these connections that we've made, let us know. I don't pretend to be an expert on these matters but by doing my own homework on what SuzieQ#1 posted last week, it seemed pretty compelling to me.
So, I see it like this; The Church owns Deseret Mutual Benefit Association which has a saving thrift plan which is managed by several Investment Fund Managers, one of which is Longleaf Value Equity, which shows in it's portfolio and its SEMI-ANNUAL REPORT a t J u n e 3 0 , 2 0 0 5, the companies that I listed above. However, I do find it very appropriate that they also have an investment in a waste management company since the Church is a big pile of crap!!
So, now I ask, is this a Church or a Corporation? I think we all know the answer to that question.
Let me just say that This just backs up everything I've said about the Church being run by a bunch of Hypocrites!! Do as I say, not as I do!! That is indeed their motto and they live it perfectly. It's my opinion that if the Church is what they say they are in every General Conference, then they need to quit talking the talk and walk the walk. If they truly are so against alcohol and pornography,(Oaks said that porno is worse than hard drugs like cocaine) then how can they even touch anything that has anything to do with it? Isn't it amazing. First, the whole fiasco of them allowing alcohol to be served in their malls and now I find this information confirming everything, that they really don't care what they have their hands on, as long as it makes them money.
I don't know who is going to read this and where you are in your life as far as the Mormon Church goes, but I hope that this post helps everyone to have a better picture and perspective of exactly what is the goal of the Mormon Church; to make money at any cost!! Alcohol, porno, R-rated movies, it doesn't really matter as long as they make money. In other words, their fake and pretend values, that they preach at every General Conference, only apply to the common folks, not to Gods servants as they call themselves. Obviously God has given them a pass in his name to not have to live their own teachings as long as it makes money for God's kingdom. Too bad everyone doesn't get that pass.
There is no excuse whatsoever for the Mormon Church or anybody that is a General Authority in the Mormon Church, such as Marriott, that should ever have anything to do with profiting from alcohol, porno or even R-rated movies. You can't have it both ways guys!! What kind of example are they setting? Apparently they don't really care now, do they? After all, they are God's annointed and can do anything they want and they answer to nobody!!
Samuel the Utahnite
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