Papal Impropriety: The Dark Secrets Of The Vatican Bank
2012 05 23

By David Smith | EconomyWatch.com


The Vatican Bank has been plagued by corruption and criminality ever since it was established in 1942. Yet this is hardly a surprise, given that no bona fide legal system is currently in place to ensure check and balances for the bank of God.

The scandals surrounding the Vatican’s finances strain credulity. At the heart of the Catholic Church, we find murder, collusion with violent crime, bribery and money laundering.

But the Church has, and will, never admit to any financial wrongdoing. With an image of sanctity to protect, the Catholic Church simply cannot admit to any illegality or immorality. In this respect, there is a parallel with the Holy See’s persistent denials of sexual abuse among the clergy. This pretence of moral purity can be maintained because the tiny Vatican state is not subject to Italian law enforcement.

Jason Berry, author of Render Unto Rome: The Secret Life of Money in the Catholic Church, said: “The Vatican has a systematic aversion to transparency. Its power structure is honeycombed in secrecy. With the abuse scandal, the bottom line is that the Pope will not punish complicit Bishops and Cardinals.”

“The crux of the Vatican’s problems – whether in finance, or the abuse crisis – is they are an international state without a bona fide legal system. The Vatican cannot police itself and that’s why we see so many scandals.”



[...]


Read the full article at: economywatch.com
Image: Source









Related Articles
Vatican Bank head in money laundering probe–sources
Vatican Bank Under Scrutiny


Latest News from our Front Page

Horrifying accidents at infectious disease labs hidden from the public, ‘cloaked in secrecy’
2014 08 26
Literally hundreds of incidents involving viruses, bacteria and toxins that pose major bioterror risks to both people and agriculture have been reported to federal regulators from 2008 through 2012, according to government reports obtained and reviewed by USA Today. More than half of the over 1,100 incidents were serious enough that laboratory workers had to have medical evaluations and/or treatment, the ...
Those Who Know They’re Dreaming Are Savvier When Awake
2014 08 26
It’s probably fair to assume that at this moment, you are, in fact, awake. You’re reading; you’re scrolling; sometime in the not-too-distant past, you somehow made your way to The Atlantic’s website. All waking activities. But let’s say, hypothetically, that as you’re reading this, the floor and everything else beneath you dissolve, leaving your body floating where your chair had been ...
Kiev’s bloody eastern Ukraine campaign
2014 08 26
Russia delivered humanitarian aid to the besieged city of Lugansk as fighting between the Ukrainian army and self-defense forces continues in eastern Ukraine. The conflict has claimed the lives of at least 2,000 people and displaced over 300,000. VIDEO: Ukraine: Russian aid handed out in Lugansk Tuesday, August 26 15:25 GMT: The latest UN figures show that the number of killed and wounded ...
History Repeats: Dead Blondes on a Mountain Top
2014 08 26
The blonds of Iraq; hunted like dogs to the top of a mountain. The shocking headline from the August 14 London Daily Mail declared: ’ISIS want to impregnate Yazidi women and smash our blond bloodline’: Fears grow for the 300 women kidnapped from Sinjar’ The Yazidi minority of Iraq is of Aryan descent (like most Europeans) and has retained much of its ...
Naturally High Fluoride Levels in Private Wells May Be Linked With IQ Decline
2014 08 26
Certain kinds of granite contain high levels of fluoride, increasing the concentration in private wells drawing it from the water. Newly available data, released in recent months, indicates dangerously high levels of fluoride in private wells. In some cases, the wells contain more than double the level that the U.S. Environmental Protection Agency has deemed the acceptable maximum exposure level ...
More News »