Don't fall prey to that old cop-out. The followers are just as guilty as those in charge because they tolerate it. Nobody in the American Catholic Church wants to make any waves and those in charge, Rome, wont change anything because it's all about the Benjamin's. Always remember, the Catholic Church is the wealthiest business enterprise on the face of the earth and they aim to keep it that way. Man, it's always about the money, always!
Time to take off the tin foil hat. From John Allen of the National Catholic Reporter (a very liberal Catholic paper which most often is at odds with the Vatican):
In the public’s imagination, the Vatican is awash in priceless art, hidden Nazi gold, plundered treasures from around the world, and vast assets tucked away from prying eyes in the Vatican Bank. Reality is far more prosaic. To put it bluntly, the Vatican is not rich. It has an annual operating budget of $260 million, which would not place it on any Top 500 list of major social institutions. To draw a comparison in the non-profit sector, Harvard University has an annual operating budget of a little over $1.3 billion, which means it could run the equivalent of five Vaticans every year and still have pocket change left over. The Holy See’s budget would qualify it as a mid-sized American Catholic college. It’s bigger than Loyola-Marymount in Los Angeles (annual budget of $150 million) or Saint Louis University ($174 million), but substantially less than the University of Notre Dame ($500 million).The total patrimony of the Holy See, meaning its property holdings (including some 30 buildings and 1,700 apartments in Rome), its investments, its stock portfolios and capital funds, and whatever it has storied up in a piggy bank for a rainy day, comes to roughly $770 million. This is substantial, but once again one has to apply a sense of scale. What the Holy See calls “patrimony” is roughly what American universities mean by an “endowment” – in other words, funds and other assets designed to support the institution if operating funds fall short. The University of Notre Dame has an endowment of $3.5 billion, meaning a total 4.5 times as great as the Vatican’s.
But what of the some 18,000 artistic treasures in the Holy See, such as the Pietà, that don’t show up on these ledgers? From the Holy See’s point of view, these artworks are part of the artistic heritage of the world, and may never be sold or borrowed against. Michelangeo’s famous Pieta statue, the Sistine Chapel, or Raphael’s famous frescoes in the Apostolic Palace are thus listed at a value of 1 Euro each. In fact, those treasures amount to a net drain on the Holy See’s budget, because millions of Euros have to be allocated every year for maintenance and restoration.
The moral of the story is that the image of the Vatican as a playground for “masters of the universe” just isn’t reality. This is, for the most part, not an island of exaggerated privilege, but a normal bureaucratic environment in which the church’s civil servants are ordinary men and women trying to do their jobs as best they can.