President Harrison and the LCMS United Listers chose Debt Retirement over Mission when they sold Hong Kong to cover booming deficits.

Debt Retirement and Deficits: The Pieces Don’t Fit

On the eve of a presidential election, President Harrison reported good financial news regarding the retirement of some LCMS debt.  While some see this as a boon. Others have grave concerns about these reports. President Harrison has reported “zero debt” to the LCMS before. And these new reports fail to mention the ongoing red ink that necessitated the “secret sale” of Hong Kong mission properties.