Joel Osteen’s Church Gets $4.4 Mill In Stimulus Payment

It should be noted that most churches DO NOT pay taxes. (by r. a.)

The Mind Unleashed.com ———–By John Vibes —————Fri., Dec.18, 2020

Joel Osteen’s Lakewood Church received a $4.4 million loan through the Paycheck Protection Program, as part of the federal CARES Act that was intended to be a stimulus to keep businesses and employees afloat while the pandemic kept everyone at home.

Churches were also eligible for the money, and some of the most prestigious churches in the country took advantage of the opportunity.

Joel Osteen’s Lakewood Church was not on the initial list of recipients and claimed that they did not apply to receive any money. However, the church later applied and was granted $4.4 million, according to the Houston Chronicle.

Osteen himself is estimated to have a net worth of over $50 million, with his church taking in $43 million a year in collections.

Meanwhile, many small business owners who attempted to get funding through the federal Paycheck Protection Program found that the money had dried up within a week of the program’s launch.

It turned out that large publicly traded corporations were the first to gain access to the loans because they had teams of lawyers on standby who already had a working relationship with the government.

Large corporations like Shake Shack and Ruth’s Chris Steakhouse received millions in PPP loans, but were later forced to return the money after a massive public outcry was sparked by their applications.

It was also revealed that over 9,000 Catholic churches were approved for the loans. However, the Vatican, which is the global head of the Catholic Church, is one of the most wealthy organizations in the world.

While their exact holdings have been called “impossible to calculate“, bankers estimate that the Vatican has been 10 and 15 billion dollars in cash, land, and investments alone.

Full article here: https://themindunleashed.com/2020/12/joel-osteens-church-received-4-4-million-in-stimulus-payments.html

About ron abbass

Because of my last name, there are some who might think I'm a Muslim. I'm an older student of the bible and I regard myself as Christian-other. That is, I was baptized in a Torah-keeping assembly. I'm one who tries his best to follow Yayshua, the Messiah (Christ) by keeping the commandments, the dietary laws, the weekly Sabbath and the annual Sabbaths (Holy Days) instituted and ordained by the great I AM, the Creator-God of Israel. I reject the holidays and festivals invented by the Roman church. Truth-seeking is my present passion. Presently, I do a lot of research into the World Wars, the mass media, the Holocaust, Zionism, Health Issues, 9/11 and the power brokers who are behind the New World Order that is gradually being established mainly in the Western Nations. Many prognosticators (prophets) both secular and religious are warning us that we are living "On the Eve of Destruction" - the last days. There's a very good chance a nuclear tsunami will eventually visit many nations. Peace and blessings to all who love the truth and hate the lies.
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