We are non-commercial, all volunteer and supported by our readers. Please help sustain the Dew by making a donation.
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
"A good end cannot sanctify evil means; nor must we ever do evil that good may come of it." -- William Penn The iconic images of recent protests in Ferguson, Missouri -- after the police shooting death of Michael Brown, an unarmed black teen -- have left Americans of all ilks wondering: Is this America? Military Humvees, still in camouflage and mounted with machine guns, in the hands of municipal police. SWAT teams of police in full riot gear, bristling with automatic weapons, pointed at a lone protestor with hands up. Have we become a police state? Americans now have yet another Read on →
It’s that time of year again. Ya’ll know what I’m talking about … the holidays. Some see it as the song claims “It’s the most wonderful time of the year” … But others among us are just left wondering. First it’s the sugary shock of Halloween. Then it’s surviving the Thanksgiving glutton-fest. Followed by a tsunami of high-octane shopping you can’t afford, partying, last minute gift buying, a morning of exchanging gifts you don’t need, a mad rush to return the gifts you don’t want, more shopping and finally a drunken evening, ending with new year’s resolutions and false resolve to quit your shameful and glut Read on →
It's the second week of January 1999 and the McCartneys are visiting Atlanta. But not for a concert. On this trip, Heather McCartney is unveiling her line of houseware items at the America's Mart, and Paul is there to guarantee his daughter ample media play. After helping to promote Heather's rugs, cushions and other items arrayed with designs inspired by the Huichol and Tarahumara tribes of Mexico, Paul and his son, James, make a smooth exit to explore the side streets of Atlanta. According to Paul, James, then 21, wanted to "visit the funky side of town." So into the Read on →
Bob! Wow, it was great to get your card, man. Years been slipping by, right? Anyhooby, we’re all good here. Ruthie pulled a twofer this summer—finished school and married Ben, pretty much on the same day. You’ll be happy to hear that Ben has accepted the responsibility of keeping music at the center of our little family. What about Jakob? Looked like the Wallflowers’ reunion album did well. And touring with Clapton? Helloooo. Of course, none of that changes the fact that you have a child who’s 45 years old. So I was just recently watching that YouTube video of “Forever Young” and you know how Read on →