Word: dollarization
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...secret to many other people," says Barnett, who acknowledges that although he'd heard of the company back in the 1980s, when it was publicly traded in the U.S. and listed on the Fortune 500, he didn't know exactly what Shaklee made. "But this is a trillion-dollar industry. Shaklee's growth potential was unlimited," he says. "And in the long run, I think it's more fun and rewarding to be in a business where you think you're doing something good, as opposed to just making money...
...There remains the million-dollar question of why “awareness weeks” have come to be the most popular form of social activism on campus—why they have basically replaced vigils, large protests, or sit-ins as the most common unit of action...
Prosperity adherents believe the right thoughts and speech, along with giving to the church, will prompt divine repayment in this life, with a return as high as $100 on each dollar handed up. On a small scale, Prosperity's positive thinking has sometimes energized the march of the poor into the middle class, but many Christians find it theologically and ethically perverse. Prosperity dominates American religious TV, and millions of adherents send millions of dollars to preachers they have never met. For Grassley, this might be fine if the ministers put all the money back into their mission work...
Among Grassley's questions to Dollar was one about a gift of $500,000 to Copeland. Dollar told TIME that he made a gift but said the sum was not that high. He and the Copelands claim to be tax-compliant. Hinn and Long did not respond by press time. White's ministry says to the best of its knowledge it complies with all tax codes. Meyer posted a 2007 IRS letter confirming tax-exempt status...
...Senate Finance Committee has been looking too. Last week Senator Charles Grassley, the Committee's ranking Republican, announced a probe of the finances of six television preachers. He sent each a letter filled with extremely pointed questions about their multimillion-dollar finances. The longest questionnaire, with 42 specific queries, went out to Copeland and his wife Gloria. Copeland is the founder and head of the multimillion-dollar Kenneth Copeland ministries, and the host in its crown jewel, the daily Believers Voice of Victory broadcast...