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THEIST_WATCH Msg : 71 Written : 08/11/94 06:14pm From : ROBIN MURRAY-O'HAIR Status : To : ALL Subj : Stocks and Jesus Playing the Stock Markets for Jesus Just in the first seven months of 1994, investors have poured $4.5 billion (you read that right -- billion, not million) "religious funds" have been poured into religious trusts. In 1989, by comparison, during the entire year only 1.8 billion went to the same. The money goes into such as the Lutheran Brotherhood Income Fund, which manages six mutual funds in which it has $2.6 billion under management. The Amana Fund manages $10.3 million for Muslim investors. The MMA Praxis Growth funds invests for the Mennonites. The Timothy Fund is the name of the Roman Catholic investment bid. The idea is that no stock will be purchased which involves wine, liquor, gambling or pornography. Usually the investments are heavily into utilities. This is, of course, all in addition to the private portfolios of every religious group in the nation. *********************************************************************** * * * American Atheists website: http://www.atheists.org * * PO Box 140195 FTP: ftp://ftp.atheists.org * * Austin, TX 78714-0195 * * Voice: (512) 458-1244 Dial-THE-ATHEIST: * * FAX: (512) 467-9525 (512) 458-5731 * * * * Atheist Viewpoint TV: avtv@atheists.org * * Info on American Atheists: info@atheists.org, * * & American Atheist Press include your name and mailing address * * AANEWS -Free subscription: aanews-request@listserv.atheists.org * * and put "info aanews" in message body * * * * This text may be freely downloaded, reprinted, and/other * * otherwise redistributed, provided appropriate point of * * origin credit is given to American Atheists. * * * ***********************************************************************

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