posted on Oct, 18 2013 @ 04:56 PM
The €31-million bill for Franz-Tebartz Van-Elst's residence, including €15,000 on a bath tub and €350,000 on built-in-wardrobes, has put the
finances of the Catholic Church, much of which comes from taxpayers and state subsidies, into the spotlight.
Carsten Frerk, an outspoken critic of the Catholic Church in Germany, estimated its wealth at around €430 billion with about €140 billion of that
in capital, the Frankfurter Allgemeine newspaper reported. Frerk researched the church's ledgers for a year for a book published in October 2010. But
only a small part of the church's finances are public and many of their records remain secret.
The opaqueness of the church's finances was no surprise to Frerk. "For the big churches, transparency is very damaging to their business plan. Nobody
wants to donate to a rich organization," he said.
But some details of the church's vast holdings and investments are publicly known.
Bild newspaper reported on Thursday the church was Germany's second-biggest employer after the state, running everything from schools and
kindergartens to Tellux, the TV company which makes the Tatort crime drama. It also makes money from its breweries and selling mineral water called
Adelholzener. The church also owns ten banks, countless insurance businesses and 30 housing associations, Bild reported.
€5 billion collected in taxes
read more here
I am real glad that in the US there is a separation of church and state. The 5 billion is collected through taxes a system that dates back to medieval
tithes. The whole system kind of blows my mind as an American and makes me wonder if it has contributed to the rise of reported atheism in the country
because 10% tithes go to the church you identify with. I am not sure if they can get out of paying if they do not belong to a church or not but it is
something to consider.
The church finances have become an issue because of the Bishop of Limburg has come under scrutiny for spending large sums of money on his headquarters
some say it is on par with the Pope. There were some other questionable things as well.
Read the article here.
Catholics incensed as German bishop of Limburg
builds palace fit for a pope
Honestly he sounds like a bad apple maybe full of himself but because of him the church finances are now being examined which I read that their banks
have been a popular destination for some unsavory types wanting to conceal their transactions. I think those banks are immune to many laws that can
track certain things(reminds me of how Panama was).
I read the Bishop was due to see the Pope and not many thought he has a future with the church after.
Edit to add
I am not attacking the church just this Bishop like I said I think he is a bad apple. I like the new Pope.
edit on 18-10-2013 by Grimpachi
because: (no reason given)