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*** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY !
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acolyte User ID: 308272 7/12/2008 4:16 PM Report abusive post | *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY !
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[If the Vatican is starting to feel the pinch then Financial Doom is a Certainty. ENJOY
BARAKA BASHAD]
[link to www.guardian.co.uk]
THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR
Weak dollar sends Vatican into the red
The Vatican has blamed a weak dollar for pushing it into its first loss in four years by undermining the value of dollar-denominated donations by the faithful.
Annual accounts published this week show the Holy See fell into the red last year, recording a loss of €9.1m (£7.25m).
The US currency has fallen sharply against the euro since the start of last year, hitting the Holy See in the pocket as its expenses are incurred in euros. Much of the Vatican's income comes from donations by Catholics around the world. The US was the largest single contributor to Peter's Pence - the collection used by the Pope for charitable donations - sending almost $19m (£9.5m).
But the shortfall attributed mainly to the weak dollar was mitigated by a rise of €4m in property income. The Holy See is a major owner of property all over Rome and was criticised last year for raising rents and threatening to evict tenants.
Earlier this year, the Vatican released a new list of mortal sins which included "accumulating excessive wealth".
Estimates of its own wealth vary, with some reports putting it at £4bn. Last year a political row broke out over the tax exemptions enjoyed by the Catholic church in Italy. Under a deal first hammered out in 1929, it does not pay property taxes.
The Holy See's 2007 budget statement was finalised last week. It showed an overall income of €236.7m, while expenses totalled €245.8m. Before the dollar's decline hammered its income, the Vatican had recorded three years of profits totalling over €15m. Its media operations, which include Vatican Radio and the official newspaper, lost €14.6m last year. |
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Anonymous Coward User ID: 460983 7/12/2008 4:19 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Pssshhh, the church is one of the largest holders of gold. They aren't hurting one bit. |
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Babe in a Bunker  Losing faith in humanity 1 person at a time User ID: 444648 7/12/2008 4:23 PM
 | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | I thought Vatican City had their own currency. Die, Ceiling Fan UFO, DIE! |
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Anonymous Coward User ID: 466875 7/12/2008 4:24 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Well the dirty bastards get what they deserve, they should have spent it all on the poor instead of building fucking telescopes and paying off ids so they could fuck em. |
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acolyte nli User ID: 308272 (OP) 7/12/2008 4:25 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Forgive me, but I find this hilarious :) we are truly approaching the end times when the Vatican of all institutions is loosing money.
I just cant stop laughing about this, the implications is immense.
The Writing is Finally on the Wall.
BARAKA BASHAD |
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Anonymous Coward User ID: 340915 7/12/2008 4:31 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
The Writing is Finally on the Wall. Quoting: acolyte nli 308272
WTF, yeah this is some funny shit! ROFL |
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acolyte nli User ID: 308272 (OP) 7/12/2008 4:37 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | The Irony is that if The Vatican was truly a humanitarian and religious institution they should be in the red every year. They are not supposed to be running for a profit! |
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FAR User ID: 412806 7/12/2008 4:38 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
Forgive me, but I find this hilarious :) we are truly approaching the end times when the Vatican of all institutions is loosing money.
I just cant stop laughing about this, the implications is immense.
The Writing is Finally on the Wall.
BARAKA BASHAD Quoting: acolyte nli 308272
Immense? A devil cult church of the Roman empire losing (not loosing) it's money value? Read - for thy sustainer is the most bountiful one, who has taught the use of the pen, taught man what he did not know!
Nay verily man becomes grossly overweening, whenever he believes himself to be self-sufficient: for behold unto thy sustainer all must return.
Quran 96:3-8
__________
"Investors must look at this situation as a portfolio opportunity. If you have some extra land (condo developers and house flippers, listen closely), grow a vegetable garden, if you are ambitious, raise some sheep and cows, they will come in handy".
__________
How we got here: [link to www.hundredyearlie.com]
__________
Plasma aliens: [link to www.plasmametaphysics.com]
__________
Were your ancestors pedophiles? [link to www.youtube.com]
__________
[link to www.terrorism-illuminati.com] |
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acolyte nli User ID: 308272 (OP) 7/12/2008 5:34 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
I thought Vatican City had their own currency. Quoting: Babe in a Bunker
LOL they do, and I hope its underwritten by a gold standard |
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Anonymous Coward User ID: 317632 7/13/2008 8:21 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Serves them right! Shit this is funny in a tragic way ROFL |
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Anonymous Coward User ID: 467240 7/13/2008 8:23 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | his whole wardrobe is from gold so he has nothing to worry about amen  |
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Anonymous Coward User ID: 462545 7/13/2008 8:59 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | The Vatican is loosing NOTHING!
ALL THEIR GOLD BARS, TREASURES, EGYPTIAN ARTIFACST AND CURRENCY IS IN SWISS BANKS.
You have to be asleep to believe the propaganda. |
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Dervish User ID: 465538 7/13/2008 9:02 AM
 | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
The Irony is that if The Vatican was truly a humanitarian and religious institution they should be in the red every year. They are not supposed to be running for a profit! Quoting: acolyte nli 308272
shhhhhhhh! Oh boy, you let the cat out of the bag on that one. Expect to be visited by Ninja Nuns and Paladin Priests any day now.
to quote the late great George Carlin"......and He needs your money!" the Christian riles and the Aryan smiles
and it weareth the Christian down
And the end of the fight
is a tombstone white
with the name of the late deceased --
and the epitaph drear:
"A fool lies here
who tried to hustle the East!"
-Rudyard Kipling |
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acolyte nli User ID: 308272 (OP) 7/13/2008 9:14 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
The Vatican is loosing NOTHING!
ALL THEIR GOLD BARS, TREASURES, EGYPTIAN ARTIFACST AND CURRENCY IS IN SWISS BANKS.
You have to be asleep to believe the propaganda. Quoting: Anonymous Coward 462545
Duh, I'm fully aware that the Vatican is per size and capital the richest State in the World.
That's what's making it funny that they of all people should now be playing a victim card in all this and we are supposed to believe it
The Vatican OWNS EVERYTHING already and now they discreetly release and audit which says they are also losing money so others/we shouldn't feel so bad or complain if we lose money, after the Vatican is also losing money. Yeh Right.
They are just conditioning the sheep. |
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Anonymous Coward User ID: 467397 7/13/2008 10:08 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | FUCK I"D BETTER START PUTTING MORE IN THE COLLECTION PLATE THEN!
ALL THESE CATHOLICS WHO'VE NEVER SEEN THE VATICAN IN PERSON - I PITY FOOLISH, DELUDED THEE. |
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acolyte nli User ID: 308272 (OP) 7/14/2008 3:36 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Do they have ATM's? just in case of a bankrun lol |
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Rota User ID: 466732 7/14/2008 4:10 AM
 | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
The Vatican is loosing NOTHING!
ALL THEIR GOLD BARS, TREASURES, EGYPTIAN ARTIFACST AND CURRENCY IS IN SWISS BANKS.
You have to be asleep to believe the propaganda.
Duh, I'm fully aware that the Vatican is per size and capital the richest State in the World.
That's what's making it funny that they of all people should now be playing a victim card in all this and we are supposed to believe it
The Vatican OWNS EVERYTHING already and now they discreetly release and audit which says they are also losing money so others/we shouldn't feel so bad or complain if we lose money, after the Vatican is also losing money. Yeh Right.
They are just conditioning the sheep. Quoting: acolyte nli 308272
Thats what makes this so sleezy. It's no secret they have tons of gold and the value of that gold is going through the roof. Their gullible american members still give them the same amount but the value is not the same as it used to be. So they send out this press release crying and you can bet they will press their member to give more to make up for the falling value even though most of their member are probably barely making it.
. |
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Anonymous Coward User ID: 467204 7/14/2008 4:35 AM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Impossible they're the ones printing it. |
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acolyte nli User ID: 308272 (OP) 7/24/2008 1:44 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote |
Its all for the work of god. Yeh right ..??
The Vatican is loosing NOTHING!
ALL THEIR GOLD BARS, TREASURES, EGYPTIAN ARTIFACST AND CURRENCY IS IN SWISS BANKS.
You have to be asleep to believe the propaganda.
Duh, I'm fully aware that the Vatican is per size and capital the richest State in the World.
That's what's making it funny that they of all people should now be playing a victim card in all this and we are supposed to believe it
The Vatican OWNS EVERYTHING already and now they discreetly release and audit which says they are also losing money so others/we shouldn't feel so bad or complain if we lose money, after the Vatican is also losing money. Yeh Right.
They are just conditioning the sheep.
Thats what makes this so sleezy. It's no secret they have tons of gold and the value of that gold is going through the roof. Their gullible american members still give them the same amount but the value is not the same as it used to be. So they send out this press release crying and you can bet they will press their member to give more to make up for the falling value even though most of their member are probably barely making it.
. Quoting: Rota |
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Anonymous Coward User ID: 472714 7/24/2008 2:06 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | Don't be ridicolous, with all the money they have stolen the last 2000 years ..................... |
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Anonymous Coward User ID: 449656 7/24/2008 2:32 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | If you don t use it you loose it! They could have been drilling wells in africa paying for education buying all the drugs and burning it ....doing all sorts of good instead of evil in the sight of God! He will take it away if you eat your seed or eat the plant before harvest! |
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Anonymous Coward User ID: 370073 7/24/2008 2:35 PM | | Re: *** THE VATICAN IS LOSING MONEY DUE TO WEAK DOLLAR (LOL): FINANCIAL DOOM MUST NOW BE A CERTAINTY ! | Quote | if you consider the massive wealth the Vatican has accumulated throughout the ages then seven mil isnt hurtin the priests that much |
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