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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
For some reason, a letter from the lobbying arm of the Heritage Foundation was characterized as having been received by NBC News, as if it were some sort of privileged communication. In fact, the thing was a press release and rather obviously designed to change the conversation about the Heritage Foundation from trying to defend the indefensible "study" of Hispanic intellectual insufficiency to food stamps, a real two-fer issue. Two-fer in the sense of being offensive on two fronts since the dollars doled out represent a subsidy to industrial agriculture, even as they serve to remind the indigent that, if they're Read on →
Last Thursday, just before I took my daily two-mile run/walk hunger struck. A few bites of watermelon did the trick. When I bit into that cold sweet watermelon a flood of summer memories rushed in. I recalled the great tastes of summer and with those memories came warm images of youth in the Georgia countryside. I saw stacks of dark green, striped watermelons, red, ripe tomatoes, and heard the beautiful grinding of a hand-cranked ice cream churn. Recalling the great tastes of summer I thought will make a good column. I created a document and titled it “The Tastes of Summer.” I’m Read on →
If you're a head of household in little Nelson, Georgia, you're about to be required to have a gun and ammo. If you want to, and if you can afford it. But not if you're a convicted felon or have certain physical or mental disabilities. The law is just a stupid as the reasons for it. The police chief, also the town's only police officer, said he hoped the law would make Nelson safer. But he didn't have any stats on just how unsafe Nelson is now, before the law. "Very minimal," he told ABC. "I couldn't even give you a percentage." Read on →
Anything characterized by high energy, originality, humor and intelligence is bound to get my attention. I was at an annual fund-raising party for an alternative art center called Nexus in about 1986. Touring the studios I kept being distracted from the visual art by some very interesting Rock 'n Roll. I wasn't the only one. A large segment of the crowd was gathered around the Swimming Pool Qs in the courtyard. Once in their vicinity I was there for as long as they would play. In any field of endeavor certain efforts stand out and the Qs were (are) definitely one Read on →