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To: NVDave
Let’s look at the accumulated wealth of the Roman Catholic Church and ask “who has a balance sheet that looks as nice and plump as the Vatican’s?” before we start babbling about a “cult of money.”

You know that legal truism about asking questions that you don't know the answer to?

The Vatican's assets are worth about $1 billion. It's administrative staff is smaller than the University of Notre Dame.

And they serve over 1 billion Catholics. I would call that the principle of subsidiarity in action.

16 posted on 05/16/2013 4:57:14 PM PDT by St_Thomas_Aquinas
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To: St_Thomas_Aquinas

That’s kind of humorous, because I do know the answer to the question.

In an interviewwith Bloomberg (which I won’t link here due to their copyright issues), in 2002, Cardinal Edmund C. Szoka, then head of financial administration, put the net assets of the Holy See at $5B.

That didn’t include the value of the real estate of Vatican City, which through ecclesiastical thimblerigging, they consider “zero.”


30 posted on 05/16/2013 6:46:09 PM PDT by NVDave
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