Holy Money

Looking into the story of successive years of holy deficit I came across this interesting article:
The Undertold Story: The Vatican, the Mob, Super Ponzi Schemes and MORE
For OpEdNews: Gregory Paul - Writer

In the 1980s American Holy Moses Vatican mannews media both print and broadcast began to report on growing evidence that an alarming number of Roman Catholic priests had engaged in serial sexual abuse of children and teens, and that the church hierarchy had not only failed to properly address the situation, but in many cases engaged in racketeering to protect accused clerics and thereby minimize scandal and financial losses. However, coverage and investigation by the media and by the authorities was intermittent and insufficient, so it was not until after the turn of the century that the issue became a major national scandal. In part because charges were not brought soon enough few clerics have faced criminal charges. Another wave of pedophilia charges in a number of countries has yet again inspired a wave of public concern about the ethics of the Vatican, this time focused in Europe.

What few understand is that the pedophile disgrace is just the tip of an iceberg of outrageous church activity extending back over history (click here). It is alarming that the body politic is failing to appreciate that the Roman church has been involved in a chain of illegitimate activities that expose the inability of the autocratic patriarchy to avoid a high level of chronic corruption. The lack of adequate appreciation can be attributed in part to a pattern of under reportage and inadequate investigation by the news media and press concerning an array of questionable and extraordinary church activities during the 20th century and continuing into the 21st. These often bizarre events would seem to be out of a Dan Brown novel if they had not been documented by the mainstream press (to the best of my knowledge this is the only effort to survey and outline the contents of all major newspaper articles from the 1970s on that cover the below criminal schemes.) Nor has a mainstream book documenting the extent of the problem been produced and received widespread attention, a remarkable lapse of the publishing industry considering the fascinating scope of the subject and best seller potential of such a work. Another problem concerns insufficient government actions against potentially illicit church activities. Prosecutions have been rare, and when pursued are usually thwarted by the special status of the Vatican.

This essay focuses on events in the last century, which rested upon events in the 1800s. When it constituted a national entity with large territories the Papacy was able to tap large governmental revenue streams. However, over the centuries the lands and peoples controlled by the Holy See dwindled. The last remnants were stripped from the Papacy as the Italian majority rejected a Papal nation still plagued by corruption and excessive power, reducing the institution to some property in Rome by 1900. The Vatican was correspondingly impoverished in the first decades of the 20th century. Alleviating and then preventing a return to this condition has obsessed the Vatican.
Continues
www.opednews.com/articles/THE-UNDERTOLD-...

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