Go read Timmy Brister’s post on the issue of
inconsistency in Southern Baptist investments. I don’t have a problem with SWBTS investing its endowment in Coors Brewing Company. Everybody knows that the Coors family are staunch Republicans, and fellow members of the Council for National Policy with SWBTS President Paige Patterson, as well as two other SWBTS trustees.
But, like Timmy Brister, I have a hard time seeing how such investments can be intepreted as anything other than supporting the “manufacturing, advertising, distribution, or consumption of alcoholic beverages.”
It’s a good thing that SWBTS will make the $90 million transfer of portable funds on October 30, just in time for Jerry Vines’ sermon on “A Baptist and His Booze” at FBC Woodstock.
2 thoughts on “Timmy Brister on “A Baptist and his Stock Portfolio.””
Ben, did SWBTS really invest in Coors?
I would be interested to know the other two board members in the CNP if you would share that with us. In addition to the Coors connection, the CNP is heavily influenced by the tobacco industry and Sun Myung Moon’s many organizations. It is interesting the Southern Baptists in the CNP are carefull not to associate with the members of the CBF or BWA but see nothing wrong with working with Moonies, reconstructionists and other aberrant theologcial groups in the CNP.