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Laundering More Than Sin
Give Unto Caesar
The IOR is, apparently, not a believer. The IOR, in case that acronym is unfamiliar, is the Istituto per le Opere di Religione, the Vatican’s bank. That’s right, the place where the Church of Rome collects money is where the work of religion originates. “In God We Trust”
Anyway, the Vatican’s bank is in bad odor with the Bank of Italy, as the Economist reports
…a decision by Italy’s central bank, which doubles as the country’s banking regulator. Payment services in Vatican City have been provided by the Italian arm of Deutsche Bank since 1997, but it did so with out the necessary authorisation. So the Bank of Italy told it to stop processing the payments. It even refused Deutsche’s request for a moratorium.
There is a suspicion that money laundering is going on! Who would have guessed? For background, see this KOS post.
The irony of money is that it leaves no finger prints, but it can be traced. No wonder the Vatican is rumored to be buying gold. At least that can be reworked into sacred artifacts that don’t have to be surrendered to Caesar on demand.
Worthy of Comment
Also on the Dew
The ethical man keeps his hands to himself and does not destroy what he admires and loves. The ethical man does not subscribe to the excuse that “you always hurt the one you love. The ethical hurts no-one at all. Most of the electorate is probably too young to remember the perverse responses Jimmy Carter’s admission of having lusted in his heart occasioned among Republicans. In retrospect, it seems rather obvious that people, who live and die by the euphemism, were ready to believe that Carter had uttered a prevarication, as they, surely would have done themselves. Moreover, because it came out Read on →
Summary: In Liberal America these days, one encounters a good deal of hopelessness about the future of our country. Why the hopelessness? The difficult circumstances certainly play a part. But they are not answer enough. Hopelessness is also a sign of disconnection from the realm of the spirit. In that realm, there is no sense of “impossible.” And this disconnection from the spirit is also at the root of Liberal America’s weakness. This points to a cure for our hopelessness that also can strengthen us to fight and win this battle, however challenging it may be. *******In response to my piece, “Libe Read on →
How does that happen? Mostly, it's the result of a mixture of hubris and inadvertence. Humans, stuck on themselves, think they know it all. Others are convinced "all it takes is the idea" (the ExxonMobil slogan) and, as it was in the beginning, man says the word and nature is obedient. Fortunately, the age of electronics has made it possible to virtually eliminate inadvertence. We can look ahead and simulate what will happen, if we repeat the mistakes of the past. That's what James Holland is doing with the various projects at Cannon's Point in the marshes on the coast of Read on →
One wryly fascinating aspect of achieving "seniority" is that my senses have become more adept at finding free entertainment. Locating alternative sources of amusement has become almost a necessity these days. Daytime television remains abominable, cable TV is objectionally priced (probably by those same pirates who sell inkjet print cartridges) and the ransom one has to give up for seats to professional sporting events is unconscionable. Also, our local news daily, though not unreasonably priced is but a shell of its former self. It is no longer a joy to read. One amusing activity, I find, involves no equipment, no cover cha Read on →