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VATICAN CITY (RNS) The bank said the slump was due to extraordinary expenses, losses related to externally managed investment funds and fluctuations in the price of gold.


  1. The unfortunate, sad, and despicable reality is that you cannot trust or believe anything that comes out of any function of the Vatican. We cannot blame Francis. It will take much longer than Francis will have to correct all of that body’s corruption, incompetence, and malfunction that have been centuries in developing.

    It disturbed me greatly to read in the story about Francis’ meeting with the six victims of pedophile clergy that even he, as archbishop of Buenos Aires, was not zealous in reacting to such clerical sins and crimes.

    The woman victim from Ireland is absolutely right. If the church does not properly and quickly react now, it will be its own victim of this terminal disease. There are other churches. There are other ways of being religious.

    For starters, the Catholic Church must eliminate required celibacy as a condition for ordination. Forced celibacy as a requirement to function as a religious leader is contemptible of sex and marriage and a human impossibility. The outrageous distortion is that celibacy is demanded of priests who then preside at the claimed sacred function of marriage that was elevated by the church to the status of a sacrament. That sacramental status adds to the domination of the clergy over the people in the pews, doesn’t it?

    Married clergy must include women. It is unnatural and sinful to prevent women from being ordained because of their gender. It is masochistic and as abnormal and contemptible as the hiding of celibate, pedophile, male clergy.

  2. What good will it do to limit access to Vatican Bank accounts to Catholic Institutions, clerics, Vatican employees, embassies, and accredited diplomats when so many of them have been exposed for the very corruption that has led to the drop in bank profits?

    What about the big loss of the production company owned by a “friend” of Cardinal Bertone, high in Vatican command under Benedict? Bertone was a cleric. Bertone obviously used his influence. Bertone was corrupt.

    The Vatican is corrupt through and through. That is a sad, but outrageous condition for any organization. It is dealy sinful for a religious organization. It means it is not at all religious. It is a sham front for the very worst corruption.

    The Catholic Church has one of the oldest and most corrupt histories of any organization. It is past the time to clean things up. It is time for a thorough reorganization. It is time, long past the time, to take lessons from the Reformation churches.

    Or, as the Irish lady said, the pedophile victim who met with Francis, the Catholic Church is dead! From that death, there will be no resurrection!

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