US tags Vatican as a money laundering concern

Associated Press ^ | March 7, 2012

[Free ThinkerNY]

WASHINGTON (AP) - The Obama administration is for the first time citing Vatican City as a potential hub for money laundering.

The State Department's annual International Narcotics Control Strategy Report released Wednesday identifies the Holy See as one of 68 countries or jurisdictions "of concern" for money laundering or other financial crimes.

[KevinDavis]

I think people of all faiths should take notice.. Well except for Islam......

[Irenic]

*snip*
“This is a victory for public pressure,” said Mario Staderini, the leader of the Italian Radicals party. “We’ve managed to break down – a little bit – the wall protecting the Church.”
*/snip*

*snip*
Since 2005 church-run organisations have not been considered ordinary commercial structures and have been exempt. According to Corriere della Sera newspaper, tax authorities will judge how much of a property is used purely for religious purposes and tax it accordingly. Thus a church will remain exempt.
*/snip*

*snip*
“We think the Church should have to pay the arrears,” said Mr Staderini. “It should make the payment back to 2005. Given how much the Vatican stood to pay with arrears, I think they will not be that unhappy with the result.”
*/snip*

http://www.independent.co.uk/news/world/europe/vatican-told-to-pay-taxes-as-italy-tackles-budget-crisis-6988938.html

[NYer]

Money laundering? Only today, Rush pointed out how Obama’s Presidential campaign is being funded by ... are you ready? ... union dues! That’s right! All those dues paid by union members are “laundered” into campaign funds.

[NYer]

Catholic Ping
Please freepmail me if you want on/off this list

Strap on the helmets and shields ... this is war!

[Clemenza]

Like the Iran/Iraq war. Can’t both unAmericans lose this?

[trisham]

Chlanna nan con thigibh a so’s gheibh sibh feoil!

[NYer]

? Are my eyes failing me?

[trisham]

A Scottish battle cry. It's on my home page. :)

Clan Cameron War Cry: "Chlanna nan con thigibh a so's gheibh sibh feoil"

(Sons of the hounds, come here and get flesh.)

[steve86]

Is there any point at which Secret Service agents would say “We’ve had enough” and walk away from the guy? Or do they blindly obey just like Hitler’s Stazi?

[Mortrey]

Interesting reading...

Bizarre Claim for $1 Trillion
http://www.courthousenews.com/2011/12/05/41930.htm

[drpix]

"The Vatican Bank has been implicated in money laundering. Just a couple of weeks ago Italian investigators indicted four priests."

From your linked article: "...the priests were being investigated for laundering hundreds of thousands of dollars." (With no mention of the source or purpose.)

Are you serious? Hundreds of thousands is light years away from a "hub for money laundering" in the world wide routine laundering of hundreds of millions and billions in drug, terrorist and political dollars.

Hell, hundreds of thousands isn't even enough to finance walking around money in a city councilman race in Obama's "Sweet home Chicago!"

How many hundreds of millions were laudered into Obama's 2008 Presidential campaign from all around the world? And now with his 2012 campaign gearing up... there's a real "hub for money laundering" - if someone is seriously looking!

[STD]

I think barrys former life as a street hustling ChickenHawk’s about to go to roost

[PghBaldy]

Of all the places to go after they choose the VATICAN? After contraceptives and aborticants and Catholic employers, and Fluke and Georgetown?

[itssme]

YOUR choice of photo, and your commentary, are unfortunate and extremely offensive. Mother Angelica, who has hosted many a program on Catholic Network Television EWTN suffered a major stroke at age 88, as seen in this picture. Her eye patch and twisted mouth represents some of the devastating repercussions of her stroke. She is a warm, feisty, kindly woman, and she worked for 65 years in the service to God and her community.

Next time you take a stab at humor, show some class.

[ConservativeInPA]

Our nation completely lacks resolve. Afghanistan is on the money laundering list. We could completely destroy our enemy there. Not by economic sanctions and banking controls. We should be spraying the poppy fields with agent orange followed by salting the fields. Instead Obama is targeting the Holy See.

RINOs and the left have a big problem in target identification.

[a fool in paradise]

This from an injustice department that does not like to investigate American mosques funding international terrorism and foreign nations funding a 9-11 ground zero victory mosque.

[AnneM62]

Hillary Clinton criticizes organized religion at prayer breakfast.

Ewtn World Over Video at

http://www.colleenhammond.com/catholics/hillary-clinton-criticizes-organized-religion/

[SJackson]

Middle East and terrorism, occasional political and Jewish issues Ping List. High Volume

If you’d like to be on or off, please FR mail me.

..................

That's what the Vatican gets for not providing free birth control.

[2 Kool 2 Be 4-Gotten]

I think Obama been watching Godfather 3 wayyyyyyyy too many times LOL!

---

Hey - that was going to be my comment!

[a fool in paradise]

Or how someone who already had a wife could be married (even if he WAS a muslim).

Barack’s parents’ marriage was unlawful.