Is the Catholic Church the dominant financial force in the world!Submitted by Ralph Waldo on Thu, 09/17/2009 - 12:27
I know there are many thoughtful people on the Daily Paul that I will not have to spell out the reason for this post. However, I have come across some information that sheds new light from a different angle on a number of the major topics we discuss here on regular basis, including the Fed and the controlling interests behind the scenes. I am not making a judgment for this could actually be a good thing. I only offer this information for those who think about these issues - draw your own conclusions.
The following quotes are from articles and speeches pertaining to the estimated wealth of the Catholic Church.
1. The Vatican has large investments with the Rothschilds of Britain, France and America, with the Hambros Bank, with the Credit Suisse in London and Zurich. In the United States it has large investments with the Morgan Bank, the Chase-Manhattan Bank, the First National Bank of New York, the Bankers Trust Company, and others. The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc. At a conservative estimate, these amount to more than 500 million dollars in the U.S.A. alone.
2. The Vatican's treasure of solid gold has been estimated by the United Nations World Magazine to amount to several billion dollars. A large bulk of this is stored in gold ingots with the U.S. Federal Reserve Bank, while banks in England and Switzerland hold the rest. But this is just a small portion of the wealth of the Vatican, which in the U.S. alone, is greater than that of the five wealthiest giant corporations of the country. When to that is added all the real estate, property, stocks and shares abroad, then the staggering accumulation of the wealth of the Catholic church becomes so formidable as to defy any rational assessment.
3. The Catholic church is the biggest financial power, wealth accumulator and property owner in existence. She is a greater possessor of material riches than any other single institution, corporation, bank, giant trust, government or state of the whole globe. The pope, as the visible ruler of this immense amassment of wealth, is consequently the richest individual of the twentieth century. No one can realistically assess how much he is worth in terms of billions of dollars.
Here are two more sources and opinions on the topic.
Note: I'm NOT judging or condemning, but if true I find this to be astounding and new information, at least for me.