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Pope Francis instructs Vatican entities to move all funds to Vatican bank by Sept. 30

Posted on 9/8/22 at 5:34 am
Posted by DingleBarry
Member since Aug 2021
317 posts
Posted on 9/8/22 at 5:34 am
Nothing to see here
LINK
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 9/8/22 at 5:35 am to
Needs a Rolls Royce Pope Mobile
Posted by DingleBarry
Member since Aug 2021
317 posts
Posted on 9/8/22 at 5:59 am to
The rats are fleeing the sinking global banking ship
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
24392 posts
Posted on 9/8/22 at 6:05 am to
That’s not good.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7603 posts
Posted on 9/8/22 at 6:12 am to
quote:

Vatican bank


Why does a church need its own bank?

Does it pay interest and/or lend money?

Funny some of the mega churches in the US didn’t jump on this bandwagon to establish a bank or credit union. They could help their congregations with low interest loans and mortgages. And take the guilt out of the Bible verse “the borrower is slave to the lender.”

On the flip side, the church also could spy on the congregation and setup rules to deny certain charges as unChristian such purchasing pornography or ATM transactions at a casino. Above all, the church can ensure it’s getting your tithes, 10% of your income.
Posted by skidry
Member since Jul 2009
3289 posts
Posted on 9/8/22 at 6:13 am to
There is an ongoing trial of Cardinal Becciu for embezzling money.

If the pope calls the Vatican bank, I imagine he can see what records he wants.

If he calls Credit Suisse I imagine he is told to go frick himself. Seems prudent to me in light of the fact that some of the Church’s money was stolen. But I could be wrong.
Posted by ptra
Member since Nov 2006
1430 posts
Posted on 9/8/22 at 6:17 am to
That’s $385,701.49 per client. That is just the funds currently in the bank. So much for that vow of poverty.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 9/8/22 at 6:17 am to
So if this is some ominous sign, where do you suggest those of us with a smaller balance than the Vatican move our funds to?
Posted by Stexas
SWLA
Member since May 2013
6039 posts
Posted on 9/8/22 at 6:34 am to
Name the organization that does more charitable work, supporting hospitals, schools, and basic human services than the Catholic Church. I’ll hang up and listen.
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
17076 posts
Posted on 9/8/22 at 6:38 am to
Banks are gonna end up crashing so money and credit is gonna get bad
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37175 posts
Posted on 9/8/22 at 6:57 am to
One of Papa Frank's main goals has been to attempt to reform the bloated, corrupt Vatical bureaucracy.

The corruption and lack of control in the Vatican far, far outweighs the shenanigans in US government.

This is one of many attempts to get a handle on it.
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
4963 posts
Posted on 9/8/22 at 7:12 am to
I'll wait for OMLandshark's opinion before I form my own.
Posted by how333
Member since Dec 2020
2582 posts
Posted on 9/8/22 at 8:15 am to
quote:

Mary convincing people she was actually a virgin instead of a slut changed human history. Crazy if ya think about it.


So your mom’s name is Mary?
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