Twitter Thread by Girl on a Mission Looking at Harvest Bible Chapel Interest Expenses From 2008 Until 2017

There was a good thread on Twitter yesterday by Girl on a Mission. It looks at the interest expenses by Harvest Bible Chapel from 2008 until 2017. This post is just preserving the thread for future reference. 

“Debt is such a powerful tool, it is such a useful tool, it’s much better than colonialism ever was because you can keep control without having an army, without having a whole administration.”

Susan George     

“Debts and lies are generally mixed together.

Francois Rabelais

The rich rule over the poor,
and the borrower is slave to the lender.

Proverbs 22:7 NIV

There is an interesting Twitter thread that was done by Girl on a Mission and @sko5411. Amy also asked a god question in a Tweet that I inserted in the end of the thread. Its a look at Harvest Bible Chapel’s financials over the years. Specifically it looks at its interest paid from 2008 until 2017 and is collected from Harvest Bible Chapel financials. I am going to capture and preserve the thread as it needs to be documented. This is good research by @sko5411 and Girl on a Mission. 

 

3 thoughts on “Twitter Thread by Girl on a Mission Looking at Harvest Bible Chapel Interest Expenses From 2008 Until 2017

  1. The real reason for the Elgin Building fiasco was that JMac made himself the General Contractor. Who in their right mind would do that? What experience does he have in heavy industry construction. He bought “softer” steel than was required for the project because it was cheaper. The structural people discovered that they could not install it because the “span” was to great. This meant: 1) get the correct “harder” steel (more expensive) to put up, or 2) double the support columns needed (additional expense).

    Liked by 1 person

    • He bought “softer” steel than was required for the project because it was cheaper

      While the budgeted amount for the building stays constant.
      Cheaper = More “under budget” = More for JMac’s pockets.
      There’s a reason both the Mafia and Yassir Arafat were into the construction industry…

      Liked by 1 person

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