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I would have given it little credence years ago but there is some truth in it I have heard from several Catholics I respect. With the horrid news of the past year and a half it certainly seems more plausible.(Though this sort of scandal also happen back in the days of St. Peter Damian (1100's I think) and he wrote extensively of it and championed the house cleaning back then and there arose many notable Saints in the wake of that.)

Sifting between the fiction and the truth is the sticky wicket. I also look at Malachi Martin's works in view of some of the Catholic prophecies that foretold of this scandal. There is no doubt that there are good and bad in the Vatican right now. The current Pope has traveled so much and his actions outside the Vatican walls might be a way of circumventing any enthronment of evil/cabal trying to control him.

The important thing to focus on with the swirling of any scandal is that we know Who wins in the end.