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
Thomas Wolfe was wrong: We can go home again! As two Suthunahs living in exile in New Joisey -- one from Georgia, the other from Alabama -- we share a photo essay of our 41-year marriage which today the Supreme Court made legal in every state of the union. Samuel A. Ward was organist and choirmaster of our parish in Newark, NJ, when he wrote "America the Beautiful." "Thy fruited plane" indeed. "Thy liberty in law," Amen. https://youtu.be/TXz-uATMehE Read on →
There have been hundreds of thousands of words written and spoken about the unspeakable tragedy of the nine people gunned down at Emanuel AME Church in Charleston. In time, there will be many more; books will be written and countless analysis will be presented seeking to find some meaning in what happened. In time, the events of the tragedy will become a permanent part of the history of Charleston and our people, indeed the whole state and nation. Though I have lived in Charleston for more than 40 years, Emanuel Church is in my neighborhood and I knew Clem Pinckney for Read on →
Only one hundred and fifty years after Appomattox, southern states are beginning to give up public displays of Confederate battle flags and other emblems of what my two grandfathers called the War for Southern Independence or the War of Northern Aggression. But what about private displays? And what about memories of private displays? Here are two memories of private displays: Growing up in Louisiana during the Second World War, I was nurtured by the rival stories of my grandfathers Smith and Riggs about their fathers' service under P. G. T. Beauregard. General Beauregard, according to many accounts, was the gallant leader who insisted Read on →
There’s a pill for everything, you know. Not that that puts pharmaceuticals in any special category. There’s an anything for everything—just a click away. Still, all those meds you see advertised on TV, targeted particularly to people who look to be about my age, people who are “having trouble” breathing or peeing or digesting or remembering. It’s become a cliché: all old people do is take pills.Well, that ain’t me. I have no prescriptions and take no medications. At least that’s what I say every time I fill out medical history forms. In fact, I’m just about a perfect human specimen, accordin Read on →