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Churches = Big Business?
Originally posted by Timcouchfanclub
They aren't exactly Big Business...If so where is the Mercedes Benzs the priest drives or why didn't Xzibit come in and Pimp my Alter.
hhmmm... thats becausee they have private jets and Church Limos... and they dont pimp X-Zibit... its more like alter boys.
Originally posted by Timcouchfanclub
OHHH man I left that one wide open. Is everyone satisfied with the Alter Boy joke. Lets get back to the money. Everytime some one metions Alter Boy in this thread God will kill a kitten.
Originally posted by QuietSoul
I just lost my job, where's my reward for forking over 10% of my life's work to a church? Where's the big fat paycheck? Oh, thats right, there is none. Ironic. She told her pastor I lost my job when he asked for his $200 weekly paycheck, and his reward was "we'll pray for him".. yeah, thanks chump.
The House of God is inside your soul..
Vatican rakes in $8 Billion dollars in 2000
Being a consolidated financial statement, this represents the sum of all the expenses and the income of the diverse Vatican administrations which enter into the consolidation: the Administration of the Patrimony of the Apostolic See (APSA) which is the largest; the Congregation for the Evangelization of Peoples; the Apostolic Camera; Vatican Radio; Osservatore Romano -- Vatican Press (incorporated into one with regard to administration); the Vatican Television Center; and the Vatican Publishing House.
For the eighth consecutive year, the operating statement for fiscal year 2000 for the Holy See closes with a net gain of 17.720 billion, equal to $8,516,000 US at the exchange rate at the end of the year of 2,080.89 lire per dollar. The total expenses were 404.378 billion and the total income was 422.098 billion. Compared with the previous fiscal year, the income was more substantial, having increased by 64 billion. As is easily imaginable, the increase in expenses is strictly related to the celebration of the Jubilee Year, which brought with it greater activity, and therefore a greater need for personnel, within the various offices of the Roman Curia and also of the media organs connected with the Holy See. In fact, in 2000 the number of our employees was approximately 2,700, with an increase of roughly 70 persons. The increase in income came particularly from a favourable monetary situation. With these introductory remarks, I turn now to an analysis of the principal entries of the operating statement, which as usual are expressed categorically in the following four sectors.
For one thing, there is a startling lack of financial controls and oversight--an omission that experts say has allowed bishops from California to Philadelphia to misuse Church funds. What's astounding to some is that even though billions of dollars are at stake, bishops have almost free rein over funds and virtually no supervision.
in the middle of the trial, when he happened to rephrase a question posed to the diocese comptroller — that the diocese operated the separate Roman Catholic Welfare Corp., worth an estimated $400 million. But it was too late to add another defendant to the suit and too expensive to start a new trial. A jury awarded $29 million to Anderson's clients, but the diocese, pleading poverty, managed to have the judgment reduced to $7.6 million. Anderson says the award would have been much higher if the jury had known about the additional assets. The problem, Anderson says, is that "the Catholic Church doesn't have to do any accounting to anybody."
As a result, lawyers and plaintiffs must act as forensic investigators, digging through real estate title-transfer records and questioning local officials about church management of various charitable entities. They are finding, for instance, that church authorities regularly keep only records of the book value — rather than the current market value — of certain properties. The Stockton diocese, for example, in 1998 valued its multimillion-dollar cathedral at $28,000, the cost to build it in 1942.
In Providence and Boston, plaintiffs' research has yielded some detail on the scope of church enterprises. But no matter how opulent their headquarters or how many seaside retreats their subsidiaries operate, the archdioceses and dioceses generally plead poverty — and tend to get away with it.
Some people, like my wife, believe that you need to give your God, or (church), 10% of your yearly income.. and she does.. it's really quite sad.. especially considering sometimes we goes days without eating..