The Holy See

Oh we see. And it is far from holy.

On his recent trip to the UK Pope Benedict the XVI had a chance to make a major announcement on action by the Catholic Church on how they might start to answer for their deplorable behaviour.

It cant be a case of not having enough money to cover legal and compensation costs.

The Catholic Church has BILLION$ and it could easily compensate with some real money. Money will alone will not erase what has happened – but it’s a way to help victims get their lives in order.

The Vatican’s Bank¬† is known officially as the Institute for Religious Works (IOR). It looks after a lot of the Catholic purse.

Thank you, but we are well aware of the Catholic Church and some of its recent and past attempts at “religious works”.

So they have an “institute”? Well the Institute has now been found transfering many millions of Euros from its account to other Italian and European banks – and the Italian Tax Office is very interested.

The BBC recently reported:

The head of the Vatican Bank, Ettore Gotti Tedeschi, is under investigation as part of a money-laundering inquiry, police sources say. Prosecutors also seized 23m euros ($30m; ¬£19m) from the bank’s accounts with another smaller institution. The inquiry was launched after two suspicious transactions were reported to tax police in Rome.

The Vatican said it was “perplexed and astonished”, and expressed full confidence in Mr Tedeschi. The Vatican Bank, known officially as the Institute for Religious Works (IOR), was created during World War II to administer accounts held by religious orders, cardinals, bishops and priests.

Read it all at the BBC.

What can you say? They have hundreds of billions of dollars in deposits, stocks and property etc. They then try to “ship” some of the money off to avoid taxes. And yet they refuse to properly deal with the whole matter of abuse and the ensuing cover-up.

I dont think there is a long Papacy ahead for Pope Benedict XVI.

Before he became Pope, Joseph Alois Ratzinger, once the Archbishop of Munich, was in a position to do something about the abuse he was aware of, and any cover up.

He didn’t.

He must act now, or make way for a new leader of the Church. He has yet to do anything – apart from delivering a few well rehearsed platitudes – as he did on his recent UK visit.

The Church just lurches from one calamitous issue to another.