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TheBlackAdder

(28,076 posts)
Wed Jun 12, 2019, 04:14 PM Jun 2019

This Day In Sheep-Shearing: Santorum, Schlapp Shill For Catholic Crypto Coin w/Sketchy Founder

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Santorum, Schlapp Shill For Catholic Crypto Coin Whose Founder Has Sketchy Past

Former Sen. Rick Santorum (R-PA) and American Conservative Union chair Matt Schlapp have joined forces for a project that is so deliciously of the moment that it’s hard to believe it’s real: Cathio, a cryptocurrency for the religious right that seems to fuse grift and faith in one.

Cathio bills itself as a “turnkey solution for Catholic organizations to bring their financial transactions into alignment with their beliefs.”

According to the Financial Times, which broke the story on Tuesday, Cathio CEO Matthew Marcolini says that because platforms like Venmo and PayPal apparently back Planned Parenthood — an organization “antithetical to what the church teaches” — he founded a cryptocurrency company that offers parishioners a system for giving to churches and other religious organizations in a way that’s in accordance with sacrament.

PayPal has attracted criticism from anti-abortion advocates in part for a charitable giving program it runs that allows users to donate to Planned Parenthood chapters. Conservative groups have also criticized the payments firm, which owns Venmo, for its corporate support of the Center for Reproductive Rights. The Family Council, an anti-abortion evangelical group, lists PayPal as a corporate supporter of Planned Parenthood.

https://talkingpointsmemo.com/muckraker/cathio-santorum-schlapp-alleged-fraud



If God didn't want them sheared, he would not have made them sheep.

-- Eli Wallach, The Magnificent Seven

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This Day In Sheep-Shearing: Santorum, Schlapp Shill For Catholic Crypto Coin w/Sketchy Founder (Original Post) TheBlackAdder Jun 2019 OP
Too bad.......... MyOwnPeace Jun 2019 #1
This won't go well. I can't wait for the NYT long read article! marble falls Jun 2019 #2
Not too many things are shadier than crypto currency scams. comradebillyboy Jun 2019 #3
How do you get them? Let me guess... with real gov't money? keithbvadu2 Jun 2019 #4

MyOwnPeace

(16,888 posts)
1. Too bad..........
Wed Jun 12, 2019, 04:25 PM
Jun 2019

Ricky Santorum's parents didn't know about Planned Parenthood - could have saved so many from so much grief!

comradebillyboy

(10,119 posts)
3. Not too many things are shadier than crypto currency scams.
Wed Jun 12, 2019, 05:14 PM
Jun 2019

Sounds like a Vatican money laundering operation.

keithbvadu2

(36,371 posts)
4. How do you get them? Let me guess... with real gov't money?
Wed Jun 12, 2019, 10:31 PM
Jun 2019

How do you get them? Let me guess... with real gov't money?

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