Tuesday, March 20, 2012

Obama Administration Targeting Vatican Bank

I read a news post a couple of days ago that mentioned the U.S. State Department had decided to include the Vatican on its “financial crimes” list. This essentially saying that the Vatican is not transparent enough in their banking transactions.

The Vatican regularly transfers large sums of money from it's bank accounts as is normal of any banking institutions or large business. The Vatican is in the business of 'charity' and so it moves moneys to those that it supports, tsunami victims, African relief funds, you name it in terms of supporting the poor and needy through out the world.

The the US State Department has found it needs to take a closer look at 'the books' of the Vatican to see, well what it can see.

Then there's this new story of JP Morgan closing their Vatican accounts because they suspect...wait for it...fraud!

This all smells rather fishy to me.

I'm not a conspiracy kind of person but it all seems piculiar to me why this is happening at this time.
First the battle of the Health Care Mandate dictated to the Catholic Church and it's institutions (Hospitals, Universities) the need to pay for birth control. And now the Vatican banks.

I'm starting to be very uneasy about some of these circumstances. Why the Vatican financial institutions and say not Russian banks or China's Banks, why pick on the Vatican with all it's charity works.

I'm starting to believe this US Administration is playing 'intimidation' tactics, Chicago style.

I think we need to start paying more attention to these actions by the US Government (aka, Obama administration). I wonder if the next step would be a US Government saying "Hey Vatican, we need to start looking at your financial book maybe starting at the Diocese levels here in the States unless you start seeing things our way ...Mandate wise."

Fellow Catholics, we need to join together in pushing back on the intrusion of our Church teachings. Especially this election period. Don't just sit back and watch, study the teachings of the Church, hold true to them in your everyday lives, not just for an hour on Sunday.

Be prepared to engage in the conversations that we know go against what we believe in the public arena. This is going to be an ugly battle.

Pray, Pray, Pray

Read the story, Oh and I'm not a big Glenn Beck fan but he does make a few good points in his video.

JPMorgan Chase Closes Vatican Bank Account    



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