Donations collected by Roman Catholics for the poor are being funneled to a cash-strapped Vatican that has spent itself into near insolvency, according to a report published by the Wall Street Journal.
Pope Francis’ charitable fund for the poor, which is called Peter’s Pence, is being pilfered to paper over the Vatican’s budget woes. As little as 10 percent of the money is being spent on actually helping the needy while about two-thirds are being used to keep the Vatican afloat, the report claims.
The WSJ said that the Vatican’s use of the funds “is raising concern among some Catholic Church leaders that the faithful are being misled about the use of their donations, which could further hurt the credibility of the Vatican’s financial management under Pope Francis.”
The website for Peter’s Pence claims that the fund will be used on humanitarian causes, and does not mention administrative fees for the Vatican.
“These collections and donations by the individual faithful or entire local churches raise the awareness that all the baptized are called to materially sustain the work of evangelization and at the same time to help the poor in whatever way is possible,” the site says.
″It is an ancient practice which began with the first community of the apostles. It continues to be repeated because charity distinguishes the disciples of Jesus,” the site adds.
They use words uttered by Jesus Christ transcribed in the Gospel of John to promote their cause: “From this, they will all know that you are my disciples, if you have love for one another.”
Pope Francis also offers excuses for the way the money is being spent.
“When the money from Peter’s Pence arrives, what do I do? I put it in a drawer? No. This is bad administration,” Francis said. “I try to make an investment, and when I need to give, when there is a need, throughout the year, the money is taken and that capital does not devalue, it stays the same or it increases a bit. This is good administration.
“And yes,” Francis added. “One can also purchase a property, rent it and then sell it—but on a sure thing, with all the safety measures for the good of the people and of Peter’s Pence.”
The Vatican has been running in the red for quite sometime and even risks defaulting on their debt due to their reckless fiscal policies. They have also been plagued by financial scandal in recent months:
The Vatican hasn’t published a budget since 2015 and has been without an in-house auditor or economy minister for more than two years, fueling conspiracies about its financial health.
Those conspiracies have only grown following a new financial scandal that erupted this month, after Vatican police raided the secretariat of state and the financial intelligence unit in search of documentation about a problematic 150 million-euro London real estate investment.
The search warrant, excerpts of which were published this weekend by L’Espresso magazine, alleges fraud, money laundering and abuse of office connected to the London venture and efforts by the Vatican to renegotiate the terms and identify money managers who were fleecing the Holy See in the deal…
The scandal is the latest to draw attention to the opaque finances of the central government of the 1.2-billion strong Catholic Church, which is funded not by taxes but from donations and revenues from the Vatican Museums, real estate and other money-making ventures in the city state.
Galantino, head of the APSA administrative office, confirmed the Vatican owned 2,400 apartments and 600 commercial spaces in Rome and nearby, 60% of which are rented to Holy See employees at a reduced rent as part of their benefits.
The Catholic Church is going awry under the leadership of Pope Francis, who has pushed globalism while rehabilitating predator priests.
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Trump Administration Posits That Transgender ‘Girls’ are Male, Triggering LGBT Advocates
The Trump administration is striking back against LGBT insanity.
The Trump administration, led by Attorney General William Barr, is pushing back against LGBT insanity that is causing young girls to lose scholarship opportunities by competing against biological males in school sporting events.
The Department of Justice issued a legal document on Tuesday in Hartford, Conn. The document pertains to a case filed by the pro-Christian legal organization Alliance Defending Freedom, who are representing high school girls on the receiving end of alleged discrimination by school officials allowing birth men to participate in their sporting events.
The feds allege that the Connecticut Interscholastic Athletic Conference (CIAC) is violating Title IX in how the agency interprets gender identity.
“Under CIAC’s interpretation of Title IX, however, schools may not account for the real physiological differences between men and women. Instead, schools must have certain biological males — namely, those who publicly identify as female — compete against biological females,” Barr and his team wrote about the case.
“In so doing, CIAC deprives those women of the single-sex athletic competitions that are one of the marquee accomplishments of Title IX,” they added.
High school seniors Selina Soule of Glastonbury, Conn., and Chelsea Mitchell of Canton, Conn. filed the lawsuit along with co-plaintiff Alanna Smith, a sophomore at Danbury High School, last year in order to push back against transgender insanity.
“What Plaintiffs alleged — and what is true — is that due to physiological differences, female athletes cannot beat ‘comparably talented and trained’ males,” ADF attorney Christiana Holcomb said about the case.
Far-left special interest groups like the American Civil Liberties Union (ACLU) are up in arms about the Trump administration’s embrace of common sense and rejection of LGBT dogma. ACLU attorney Chase Strangio made a strange allusion to coronavirus while whining about the administration’s behavior in a Twitter post.
“This is what the Attorney General is prioritizing while 12 people died last night from COVID-19 related complications at the hospital near my house. When we let the gov’t police our bodies like this, they will always leave “undesirable” bodies to die,” Strangio worte.
Strangio is representing the boys who claim they are girls and is adamant about their “right” to deprive biological women of their ability to receive scholarships opportunities in sports.
“Our clients are two high school seniors who are just trying to enjoy their final track season of high school and who now have to contend with the federal government arguing against their right to equal educational opportunities,” Strangio said to the AP.
“History will look back on these anti-trans attacks with deep regret and shame. In the meantime we will continue to fight for the rights of all girls to participate in the sports they love,” he added.
Big League Politics will continue to cover this case as it makes its way through the courts as well as other perverse and abusive actions related to the satanic LGBT agenda.
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