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comment by johnnyFive
johnnyFive  ·  660 days ago  ·  link  ·    ·  parent  ·  post: FOX 13 Investigates: How LDS Church investment fund made $6 billion in pandemic

I know hating religion is like your thing right now, but the bigger question is why did anyone make tons of money during the pandemic? Singling out one organization is a pretty convenient way to have to discuss any systemic issues with the way our economy works.





OftenBen  ·  660 days ago  ·  link  ·  

I frankly don't care.

Christianity is king among thieves and grifters because their income is 100% tax sheltered.

When Muslims, Sikhs, Buddhists or Hindus do as much harm to me and those I love as Christianity does, I'll start complaining about them. As it stands, Christianity is the largest source of corruption and abuse visible to me from my study and lived experience.

To add:

Its common consensus that corporations act in anti-social ways.

Christianity requires the same regard because its behaviors are identical to that of corporations.

johnnyFive  ·  660 days ago  ·  link  ·  

You can choose to blind yourself, but don't except anyone to praise you for it.

OftenBen  ·  660 days ago  ·  link  ·  

Popularity isn't the goal.

Truth is.

johnnyFive  ·  660 days ago  ·  link  ·  

If truth is your goal, why are you choosing to ignore things that are true in favor of the narrative you've chosen?

OftenBen  ·  660 days ago  ·  link  ·  

I'm not ignoring anything.

goobster  ·  659 days ago  ·  link  ·  

My company had two of our best quarters ever. But that's because we make technology for school districts, and while schools were closed, they had the opportunity to do massive infrastructure upgrades that included our hardware and software.

We only do $130m annually, but were the ONLY division within our $50bn parent company to make ANY money this year. And did record numbers, too.

wasoxygen  ·  660 days ago  ·  link  ·  

    the bigger question is why did anyone make tons of money during the pandemic?

Here's the filing.

These are the top five holdings in the fund:

  $2,318,907,000  Apple

1,967,950,000 Microsoft

1,508,292,000 Amazon

954,237,000 Google

793,304,000 Facebook

Anyone who bought those stocks would have made money last year.

johnnyFive  ·  660 days ago  ·  link  ·  

Exactly. The idea that there is anything unique about the Mormons in this case seems bogus.