Vatican finances have been a mess for centuries, and corruption and Peronism always walk hand in hand. Go here to view the video.
PopeWatch: Not This Vatican
- Donald R. McClarey
Donald R. McClarey
Cradle Catholic. Active in the pro-life movement since 1973. Father of three, one in Heaven, and happily married for 43 years. Small town lawyer and amateur historian. Former president of the board of directors of the local crisis pregnancy center for a decade.
Church, money and corruption. Nothing new–it started with Judas.
The shell game that was the London building fiasco, is just the largest of the fubar transactions. Not getting to the bottom of that mess and accepting the abuse just redirected 100m euros away from the poor and needy.
And PF has a negative attitude towards the West and it’s economies,
capitalism, per se.
After watching the 22min. report by Financial Times, I would say remove thy beam out of your own eye first PaPa before telling the west about it’s splinter.
The take away from this short report is too many cooks in the kitchen. The “board” who is to be the checks and balances of investment procurements….where were they in the London deal?
The Holy See should own it’s own plant and equipment and its treasures and otherwise have no physical assets and no actively managed enterprises. The staff of the nunciaries could rent apartments and office space where they’re posted. Accounts filled with cash, commercial and municipal paper, bonds, stocks, and precious metals should do. Ideally, these would be distributed among a number of safe harbor countries. The Vatican Bank would be shut down. And have laymen in charge of it, from the comptroller and treasurer on down.