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Reply #9: Liberty U. is bought and paid for by the Moonies [View All]

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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-29-05 01:20 PM
Response to Reply #7
9. Liberty U. is bought and paid for by the Moonies
http://www.consortiumnews.com/archive/moon3.html

Reber and Thomas earned Falwell's public gratitude by excusing the Lynchburg, Va., school of about one-half of its $73 million debt. In the late 1980s, that flood of red ink had forced Falwell to abandon his Moral Majority political organization and nearly drowned Liberty University in bankruptcy.

Reber and Thomas came to Falwell's rescue in the nick of time. Their non-profit Christian Heritage Foundation of Forest, Va., snapped up a big chunk of Liberty's debt for $2.5 million, a fraction of its face value. Thousands of small religious investors who had bought church construction bonds through a Texas company were the big losers. But Falwell shed no tears. He told local reporters that the moment was "the greatest single day of financial advantage" in the school's history.

Left unmentioned in the happy sermon was the identity of the bigger guardian angel who had been protecting Falwell's financial interests -- from a distance and without publicity. That secret benefactor was the Rev. Sun Myung Moon, the self-proclaimed South Korean messiah who is controversial with many fundamentalist Christians because of his bizarre Biblical interpretations and his brainwashing tactics that have torn thousands of young people from their families. Moon also has grown harshly anti-American in recent years.

Covertly, Moon helped bail out Liberty University through one of his front groups which funnelled $3.5 million to the Reber-Thomas Christian Heritage Foundation, the non-profit that had purchased the school's debt.


"I see a bad Moon rising"...
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