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http://www.cnbc.com/id/101616991
Quote:John Paul II canonization sponsored by banks, oil giant

He has railed against the "tyranny" of global capitalism and the "idolatry of money" but even Pope Francis needs a little corporate coin sometimes – as proven by the list of sponsors for Sunday's canonizations.

An oil and gas giant, several banks and Switzerland-based food megacorp Nestle are among more than a dozen financial backers of the Rome event.

Hundreds of thousands of people are due to come to the Eternal City to see Pope John Paul II, who reigned from 1978 to 2005, and Pope John XXIII, who was pontiff from 1958 to 1963, canonized as saints.

The list of sponsors is dominated by Italian corporations, including energy firms Eni and Enel, banking company Intesa SanPaolo and railway network Ferrovie Italiane.

It's perhaps an unlikely roll call of names to be associated with a Vatican event, six months after Pope Francis launched an attack on the global economic system as part of his call for a greater focus on the needs of the world's poor.

Those remarks were dismissed by radio host Rush Limbaugh as "pure Marxism" – an accusation that forced the pope to reassure conservative critics that he was not embarking on a political campaign.

The Catholic Church sits upon enormous assets - the Vatican Bank manages $8 billion worth of worldwide investments as well as 33,000 accounts for clergy and parishes – but its governing body, the Holy See, made a loss of $18.4 million in 2011.

The presence of corporate sponsors might instead be explained by Rome's perilous financial position. It faces a budget deficit of $1.17 billion and in February was turned down for a massive central government bailout to help it pay city employees and buy fuel for buses.

Father Thomas Reese, a senior analyst with the National Catholic Reporter, said as such events brought income to businesses including hotels and restaurants it was "appropriate that they help."

He added: "As one archbishop told me, 'You can't pay bills with holy cards.' Having an event to which hundreds of thousands of people attend, is expensive. Better to get some corporate sponsors than to take money out of the poor box for it."
I was wondering who the financial backers were.
Rush Limbaugh's comment was ridiculous. There is an idolatrous religion of wealth, and corporate CEOs are its high priests. Whatever a person intends to do about it is another matter - which brings him into the sphere of Marxists, Capitalists, Socialists, Distributists, et. al.

As for the topic of this thread: wow, such irony. I wonder of the Pope felt awkward about this... or if he even knows about it.
The Church had the  backing and money from leaders and the rich for centuries. We may call them "corporations" today, but we called them "kings" years ago. This is not new.
I say the Church should use as much money it can squeeze from the bad guys. Just don't let them think they've bought a place at the table... or in heaven.
(04-27-2014, 03:38 PM)triumphguy Wrote: [ -> ]I say the Church should use as much money it can squeeze from the bad guys. Just don't let them think they've bought a place at the table... or in heaven.

One of the great problems with the root of all evils is that it has the tendency to do just those things. I'd rather be safe.  :Hmm:
(04-27-2014, 04:06 PM)Heorot Wrote: [ -> ]
(04-27-2014, 03:38 PM)triumphguy Wrote: [ -> ]I say the Church should use as much money it can squeeze from the bad guys. Just don't let them think they've bought a place at the table... or in heaven.

One of the great problems with the root of all evils is that it has the tendency to do just those things. I'd rather be safe.  :Hmm:

1 Timothy 6:10
New Revised Standard Version, Anglicised Catholic Edition (NRSVACE)

10 For the love of money is a root of all kinds of evil, and in their eagerness to be rich some have wandered away from the faith and pierced themselves with many pains.


So separate them from their money!
Luke 16, 9
I tell you, use worldly wealth to gain friends for yourselves, so that when it is gone, you will be welcomed into eternal dwellings.
(04-28-2014, 10:58 AM)voltape Wrote: [ -> ]Luke 16, 9
I tell you, use worldly wealth to gain friends for yourselves, so that when it is gone, you will be welcomed into eternal dwellings.
exactly