Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Free ThinkerNY
The Vatican Bank has been implicated in money laundering. Just a couple of weeks ago Italian investigators indicted four priests. Four Priests Charged In Vatican Banking Scandal
20 posted on 03/07/2012 2:10:56 PM PST by Bubba Ho-Tep ("More weight!"--Giles Corey)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Bubba Ho-Tep; All

*snip*
“This is a victory for public pressure,” said Mario Staderini, the leader of the Italian Radicals party. “We’ve managed to break down – a little bit – the wall protecting the Church.”
*/snip*

*snip*
Since 2005 church-run organisations have not been considered ordinary commercial structures and have been exempt. According to Corriere della Sera newspaper, tax authorities will judge how much of a property is used purely for religious purposes and tax it accordingly. Thus a church will remain exempt.
*/snip*

*snip*
“We think the Church should have to pay the arrears,” said Mr Staderini. “It should make the payment back to 2005. Given how much the Vatican stood to pay with arrears, I think they will not be that unhappy with the result.”
*/snip*

http://www.independent.co.uk/news/world/europe/vatican-told-to-pay-taxes-as-italy-tackles-budget-crisis-6988938.html


42 posted on 03/07/2012 3:05:30 PM PST by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
[ Post Reply | Private Reply | To 20 | View Replies ]

To: Bubba Ho-Tep
"The Vatican Bank has been implicated in money laundering. Just a couple of weeks ago Italian investigators indicted four priests."

From your linked article: "...the priests were being investigated for laundering hundreds of thousands of dollars." (With no mention of the source or purpose.)

Are you serious? Hundreds of thousands is light years away from a "hub for money laundering" in the world wide routine laundering of hundreds of millions and billions in drug, terrorist and political dollars.

Hell, hundreds of thousands isn't even enough to finance walking around money in a city councilman race in Obama's "Sweet home Chicago!"

How many hundreds of millions were laudered into Obama's 2008 Presidential campaign from all around the world? And now with his 2012 campaign gearing up... there's a real "hub for money laundering" - if someone is seriously looking!

51 posted on 03/07/2012 3:53:33 PM PST by drpix
[ Post Reply | Private Reply | To 20 | View Replies ]

To: Bubba Ho-Tep; little jeremiah; Brown Deer; LucyT; Candor7; manc; TheOldLady; onyx
Photobucket
71 posted on 03/07/2012 5:50:05 PM PST by mojitojoe (American by birth. Southern by the grace of God. Conservative by reason and logic.)
[ Post Reply | Private Reply | To 20 | View Replies ]

To: Bubba Ho-Tep

They’re also involved in the international cocaine trade run by Queen Elizabeth and the British Crown!


96 posted on 03/07/2012 9:20:47 PM PST by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson