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Very nice! Although the conclusions are still anti tradition according to the undoubtedly Marxist writer behind the piece. But the Big Brain Squad here knows better than to trust the one sentence aside that dismisses the possibility that conservative critics of this papacy have anything to do with plummeting donations.

https://nypost.com/2019/10/22/vatican-at...xpose/amp/


Quote:NEWS
Vatican at risk of default due to plummeting donations: exposé
By Lia Eustachewich
October 22, 2019 | 9:33am
[Image: st-peters-basilica-vatican-city-rome-ita...=978&h=652]
Shutterstock

The Vatican is in need of salvation.
Donations to the Catholic Church have plummeted in the wake of its pervasive clergy sex abuse scandal — so much so that it’s at risk of default by 2023, according to a new exposé.
In 2006, the church raked in 101 million euros ($112 million) in contributions. By 2016, that number was 70 million euros ($77.9 million), and now could be less than 60 million euros, the Telegraph reported.
The startling bottom line is according to Italian investigative journalist Gianluigi Nuzzi, whose new book, “Universal Judgment,” came out Monday.
He blames the church’s financial mess on a dip in donations, as well as poor money management and bad real estate deals.
“If the pontificate of Francis fails, it won’t be because of the attacks of conservative Catholics or the crisis in vocations or because of the declining number of faithful,” Nuzzi writes in the book. “It will be because of the financial collapse that is coming ever closer.”

The Administration of the Patrimony of the Apostolic See, a department of the Vatican which oversees real estate and investments, lost the equivalent of nearly $49 million last year — prompting officials to set up an emergency task force, according to Nuzzi.
He said the real estate portfolio was worth an estimated 2.7 billion euros ($3 billion) and was poorly managed. Some 800 properties were empty, while 15 percent of the 3,200 rented properties were being leased for free or for below-market prices.
“The deficit is recurring and structural and has reached worrying levels,” a Vatican official wrote in a memo obtained by Nuzzi. “We risk a default if no urgent steps are taken.”
Only a fifth of total donations go to the poor and the rest is held in bank accounts or used toward the debts of the Vatican’s governing body, the Curia, Nuzzi said.

Quote:Pope Francis’ economic adviser slapped down allegations in Nuzzi’s book, calling them an attempt to discredit the pontiff.

“To say that the Vatican is at danger of default is false,” said Honduran Cardinal Oscar Maradiaga in an interview with Repubblica newspaper on Tuesday. “It seems to me there is a discrediting strategy underway.”
Not at all a surprise, I imagine for any of us. We'll continue to lose our beautiful churches as these liberal prelates pillage the Church.
(10-23-2019, 09:20 AM)JacafamalaRedux Wrote: [ -> ]Not at all a surprise, I imagine for any of us. We'll continue to lose our beautiful churches as these liberal prelates pillage the Church.

It is sad to lose all that history, but unfortunately that is their prerogative. We'll just have to build beautiful new churches. If traditional parishes keep growing like they are with the donations they receive, such buildings and art are a strong possibility in the near future.
(10-23-2019, 10:21 AM)Imperator Caesar Trump Wrote: [ -> ]
(10-23-2019, 09:20 AM)JacafamalaRedux Wrote: [ -> ]Not at all a surprise, I imagine for any of us. We'll continue to lose our beautiful churches as these liberal prelates pillage the Church.

It is sad to lose all that history, but unfortunately that is their prerogative. We'll just have to build beautiful new churches. If traditional parishes keep growing like they are with the donations they receive, such buildings and art are a strong possibility in the near future.
A lot of the things that were built centuries ago are irreplaceable. But yeah I get your point we just carry on.

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“Heth. Jerusalem hath grievously sinned, therefore is she become unstable: all that honoured her have despised her, because they have seen her shame: but she sighed and turned backward.” Lam 1:8
Like I said before, the week of Peter's Pence, my parish collected over 3 grand. The pence collection barely broke 700 bucks.

Keep in mind my parish is as traditional as NO can get (veils, Agnus Dei response in Latin, etc). In fact, since we had a new priest assigned, Masses are no longer announced at the start...we hear a bell ring, prompting everyone to stand up.

I know a segment of the Trad world calls these folks Neocon Catholics, but the fact is the discontent is more widespread than people realize, and the power of conservative Catholics is not to be underestimated.

Heck, when I told my son's religious ed. instructor about that parish in Minnesota with the rainbow flag Masses, she had no qualms saying they were "not even Catholic".
(10-23-2019, 06:25 PM)redneckpride4ever Wrote: [ -> ]Like I said before, the week of Peter's Pence, my parish collected over 3 grand. The pence collection barely broke 700 bucks.

Keep in mind my parish is as traditional as NO can get (veils, Agnus Dei response in Latin, etc). In fact, since we had a new priest assigned, Masses are no longer announced at the start...we hear a bell ring, prompting everyone to stand up.

I know a segment of the Trad world calls these folks Neocon Catholics, but the fact is the discontent is more widespread than people realize, and the power of conservative Catholics is not to be underestimated.

Heck, when I told my son's religious ed. instructor about that parish in Minnesota with the rainbow flag Masses, she had no qualms saying they were "not even Catholic".

I've been to parishes like that. :)

Unite the clans!