On another note:
I just came across this. It may seem rather boring at first glance but is very significant
POPE FRANCIS SEIZES VATICAN BANK
January 7, 2021 By Joseph P. Farrell
"Here's the crux (not to coin a pun) of it:
Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals.
In a document issued Dec. 28, the pope formalized the transfer of financial responsibilities from the Vatican’s Secretariat of State to the Administration of the Patrimony of the Apostolic See (APSA), which functions as the Holy See’s treasury and sovereign wealth manager.
He first announced the shake-up in an Aug. 25 letter to Vatican Secretary of State Cardinal Pietro Parolin that was made public on Nov. 5 after the Secretariat of State was engulfed by accusations of financial mismanagement.
The pope promulgated the new law in an apostolic letter issued motu proprio (“on his own impulse”).
The text, entitled “A better organization” and released in Italian, also set out new regulations for the oversight of Peter’s Pence, an annual worldwide collection supporting the pope’s mission.
In other words, Francis has moved the Vatican Bank from the Secretariat of State, normally headed by an archbishop or a cardinal archbishop, to the Administration of the Patrimony of the Apostolic See, in other words, placing the bank directly, for the first time in its chequered history, under the Pope.
To draw a somewhat clumsy analogy, this is akin to President Kennedy's National Security Action Memorandum, that removed the CIA from oversight of covert operations, and placed those operations directly under the military, i.e., directly under the chain of command ending in the Presidency. In effect, what Francis has done is to move the whole "hidden system of finance" that is the Vatican Bank, a participant in that global "hidden system" that I've speculated about for so long, and placed it directly under papal control.
It might be argued that this was the only way to deal with the bank, to gain any measure of real oversight or transparency in the institution.
But I suspect it augurs something entirely different, and far more ominous, namely, the final capture of the papacy by "the high financial cabal". And as that system moves increasingly toward more globaloney, expect the same from the Vatican and future popes. After all, Francis has made no secret he's fully on board with that agenda. And this is the biggest symbol of them all."
See you on the flip side..."
Pope Francis has moved the Vatican Bank from the Secretariat of State to the Administration of the Patrimony of the Apostolic See, in other words, placing the bank directly, for the first time in its chequered history, under the Pope. https://t.co/qBJT3zeK8w pic.twitter.com/3NM1jy6eLo— Joseph P. Farrell (@gizadeathstar) January 9, 2021
Interesting story and analysis. Thanks for sharing. It does indeed sound significant, but exactly how is unclear at the moment. Who knows? It might actually be a good thing. It might be easier for the white hats to have some level of control being that control is now centralized under one person. Control him and you control the bank.
Reminded me of this.
Former Vatican bank chief Paul Marcinkus, 84, dies
Feb 22, 2006
https://archive.seattletimes.com/archive/?date=20060222&slug=marcinkus22
