The Class Divide

On January 5, 2015 thousands of Lutherans were cast into financial ruin. Synod caused their ruin. Sure it was ABC District, but the constitution says District is an agent of Synod. Synod is primary and has supervisory responsibility over District, including District Presidents. Of course, LCC has been adept at ignoring its own constitution and replaced it with three mini-synods within a bigger one.  We’re all bound as the body of Christ until there’s a problem. Then fraternal bonds are just, you know, nice, until you need a lawyer.

There is still a lot of hurt and a lot of anger. Naturally, Synod being a frightened child, has never directly condemned the losses and actions that lead to them. We can surmise that Synod and District thinks it’s okay for thousands of people (and congregations) to lose their reserves, building funds, retirement funds, dream homes, and pensions.

The Great Cash Call of 2018

True Story: Mrs. SolaGratia reports “sewer drains sound beautiful.” If you’d been deaf and heard a sewer for the first time in 30 years, you’d think so too. Speaking of sewers…

At it’s peak, the ABC District Church Extension Fund weighed in at a hefty $113,000,000.00  By sustained acts of concerted arrogance and hubris, the fund was lost to bankruptcy. Normally you’d think, “yeah, lesson learned.” Aww, that’s sweet. Really it is, but this is LCC, where ignorance is the catalyst for planned inaction. It only ever seems to get worse. Next up: congregations get to pay for what looks like a mangled pension fund for pastors.

YOU: “Are you serious? LCC has another financial crisis brewing?”

ME: (looks down to avoid eye contact…sweeps the floor with his foot)

YOU: No seriously. There’s ANOTHER financial crisis in LCC?

ME: (looks at the ceiling and whistles a gentle “Chief of Sinners Though I Be”)

YOU: (binge eats five pints of Ben and Jerry’s “Chocolate Fudge Brownie” Ice Cream)

The CBC Reports on LCC Securities Allegations

More CEF/DIL coverage…this time from the CBC.

External Link: https://www.cbc.ca/news/canada/calgary/alberta-bc-lutheran-church-securities-violations-1.4727209

Unwanted Attention

So, yes, it’s another church scandal. The roman Catholics kicked things off with the endless horrors and abuses at Mount Cashel Orphanage. The Anglicans dragged out their scandal over decades of Residential Schools. To round out the trifecta of scandal, LCC dropped tens of millions of church members money into a black hole.  Not a real black hole. Real black holes require physics. LCC can’t manage a balance sheet let alone physics.

One thing LCC can do: get media attention.