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Originally posted by charles1952
reply to post by Unvarnished
I'd like to come back to this thread, it sounds interesting. In the meantime, you may want to know that the budget for Vatican City is less than $400 Million a year.
Originally posted by charles1952
reply to post by HattoriHanzou
Dear HattoriHanzou,
Thanks for your response, I'm a little mildly hurt by "disingenuous," I try to be frank and sincere, but I can understand that I might not be always seen that way.
Vatican finances are complicated and I agree with you that the Vatican's assets are huge. I don't happen to know how much of those assets are in priceless books, buildings and art, but those are assets entrusted to the Church to maintain. They're not going to sell the Sistine Chapel to McDonalds to raise funds.
One thing that might be confusing the issue is that the Church is a very "flat" organization. The Bishops run their own pieces of the Church with little interference. In rich countries they may use some of their local collection for building programs, but the Vatican does request donations to go to the poorer countries. How much does every church combined raise over the course of a year? I don't know.
I don't know how you go about "independently" auditing a foreign country, which is what Vatican city is. The US doesn't invite Portugal to audit it's accounts, I don't know why Vatican City should.
But you're right, they have a lot of assets. Probably a lot less now with the European financial crisis, but how much? I don't know. Good question.
With respect,
Charles1952
Originally posted by HattoriHanzou
Originally posted by charles1952
reply to post by Unvarnished
I'd like to come back to this thread, it sounds interesting. In the meantime, you may want to know that the budget for Vatican City is less than $400 Million a year.
That may be their yearly expenditure, but to suggest that this is the extent of their yearly income or any way representative of the assets in the Vatican and its banks, is disingenuous.
The Vatican Empire may be the richest on earth. Nobody has the authority to audit them independently, so their true assets may never be known.
Originally posted by SheeplFlavoredAgain
reply to post by Char-Lee
I don't need huggy wuggy for myself, I'm actually kind of I introverted and would prefer to keep to myself. But it's nice I did find a church, actually two of them, that seem to have a strong focus on community service and have good records for doing some real good for people I know. Sometimes it is hard to do certain things by yourself as I found out when I tried to help somebody a couple of years ago...long story, off topic. Oh well like you said to each their own.
This was an interesting topic with some informative offshoot commentary. Most big downfalls I've seen in churches seem to involve the two things that should not rule Christian life...money and sex. When we are not arguing over translations and interpretations of the written word, apparently we are hoarding, stealing, coveting, and boinking. What a strange species we are, we just can't seem to stay focused...except on hoarding, stealing, coveting and boinking.