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SDA RELIGION FOR PROFIT...BIG BUISNESS ....SOMEBODIES GETTING RICH OFF THIS DECEPTION Not only do Seventh Day Adventists spend their time decieving the public on a spiritual basis but they also make tax exept profits from their many buisness corporations. Where does their money go? To propogate their false religion and make themselvbes very rich off it! SDA own many buisnesses in which they organize under a religious front to be free from tax paying. Austrailia is cracking down on tax exempt churches who run buisness for profit. North America will soon follow suit as there is too much money going to the private sector with no government kickbacks. Jesus paid taxes so why should churches be exempt? SDA make millions of dollars in profit from their health businesses, promoting body health rather that the gospel of grace through Jesus Christ. Their church is really a front for buisness profit. The Seventh Day Adventists' cereal giant Sanitarium, which generates more than $300 million a year and other SDA owned opertaions have little to do with charitable work but are exempt from various taxes including corporate tax and capital gains tax. No, SDA are not the only religious group guilty of profiting off the gospel but they certainly are one of them!! Cornerstone cooperation owned by SDA generate its own funding through a network of small businesses taking advantage of religion's tax exempt status. Sanitarium foods Worthington Foods, Inc. are also SDA owned profit buisness. Most of the North America's religious groups, which make up about $25 billion of the sector, run commercial enterprises. Among them is the Seventh Day Adventists’ cereal giant Sanitarium, which generates more than $300 million a year. Many of the operations have little to do with charitable work but are exempt from various taxes including corporate tax and capital gains tax. It must be remembered that any tax concessions to some taxpayers are inevitably at the expense of all other taxpayers. In this connection, the inclusion of religious institutions is rather disconcerting, as it always involves cross-subsidisation.Furthermore, the annual cost of the tax concessions to churches is hidden from the community.It is perfectly proper in a democracy for members of a particular faith to support it out of their own pockets, but it is quite immoral for such funding to be extracted compulsorily from other citizens. SDA also take advantage of tax-free investment and are taking huge risks in the stock markets in hopes of enjoying great profits. Every year the U.S. Security and Exchange Commission whose job is to protect investors and maintain integrity in the securities market, initiates between 400-500 lawsuits against investment advisors, stock-exchangers, broker-dealers, and corporate leaders for breaking security laws such as insider trading, accounting fraud, or for providing false or misleading information. The Seventh-day Adventist Church invests its money in the marketplace for profit like the money changers in the bible. the next time that you put money in the offering plates on Sabbath remeber that Millions of those dollars are being diverted to worldly businesses that are open on the Sabbath so that those offerings can be multiplied though secular commerce. How large are these tax-free investments? No one knows. It is almost impossible for any one person, including church officials, to find out just how much money Seventh-day Adventist institutions have invested in securities because of the diversity of names used to conceal church portfolios. It is a common practice for organizations and individuals to put their investment holdings under different names. Thousands of accounts handled by banks have code names that even expert investigators have often been frustrated in trying to establish identities. For example, the Securities and Exchange Commission in Washington, D.C. initiated a lawsuit [Litigation Release No. 15307 / March 26, 1997] against David I. Namer, a financial advisor based in Memphis, Tennessee. He was accused of selling fraudulent notes from a corporation called Northstar Leasing. These notes were not insured and were sold to hundreds of investors across this nation. He was convicted in August 20, 2002 of 93 felony counts for securities fraud, mail fraud, wire fraud, and money laundering. One of his victims was the General Conference of Seventh-day Adventists. In the 37-page indictment, David I. Namer’s overt acts of fraud #134 states: “Between on or about May 31, 1996 and August 6, 1996, DAVID I. NAMER caused the General Conference of Seventh Day Adventists to purchase $2,500,000 in Northstar notes.” Sourses Charities and churches stand to lose billions in tax review. The Australian, 28/7/08 Australian Broadcasting CorporationBroadcast: 20/11/2001 BuisnessDay. Nick Renton  Isaiah 42:8 " I am the Lord; that is my name! And My glory I will not give to another, nor My praise to graven images." |
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So thats why they do it? 
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Yes, the root of ALL evil....the love of money. Isaiah 42:8 " I am the Lord; that is my name! And My glory I will not give to another, nor My praise to graven images."
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10/22/2008 1:46 am |
Have you ever checked out the Catholic Church and $$ and exploitation?? Now there you really might have something to be upset about.
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10/22/2008 1:54 am |
SDA's may generate income (as do some other churches .. tax free) but they also pump mega$$$ into under developed countries/charities. It certainly doesn't go to line the pockets of employees. What is wrong with generating funds to help out those in need?
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SDA promote false doctrine that contradict the bible. Check out my new blogs and more to come. Also, I am aware of Catholic error too. Any doctrine contray to the bible is wrong, no matter who or what group it is comming from, simple as that. Isaiah 42:8 " I am the Lord; that is my name! And My glory I will not give to another, nor My praise to graven images."
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10/22/2008 3:18 am |
Well I agree with you about false teachings and there are plenty of those around...... but even within just the Bible there are many denominations that have different view points from the BIble alone and they think THEY ARE all right. Bit if a tricky one I think.
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10/27/2008 6:56 am |
Doctors all over the United States actually PRESCRIBE for their patients to go to the grocery stores and in the frozen food section, buy the Worthington and Loma Linda meatless products to save them from getting a heart attack. And whenever YOU feel like you want to pay for it all and DONATE all this food to people, go right ahead! Someone has to pay for it. Your desperation is showing. Jn:15:14: Ye are my friends, if ye do whatsoever I command you.
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DESPERATION...LOL...FOOD DOES NOT HAVE ANYTHING AT ALL TO DO WITH SALVATION...AS JESUS SAID IT GOES OUT THE OTHER END! I have put up documented evidence from EG Whites writings...try to worm out of it all you want but facts prove EG white was a false prophet and a false teacher. The only distortion is, EG White's distortion of the scriptures. Isaiah 42:8 " I am the Lord; that is my name! And My glory I will not give to another, nor My praise to graven images."
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happi2beme THE POINT IS THAT SDA CHANGE THE GOSPLE INTO A LIE..THEY DISTORT FACTS AND ADD AND TAKE AWAY FROM THE BIBLE. SDA TEACHERS WILL SPEND ETERNITY IN HELL FIRE FOR THAT! Isaiah 42:8 " I am the Lord; that is my name! And My glory I will not give to another, nor My praise to graven images."
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