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Collimator

(1,639 posts)
18. A PBS program that I saw
Fri Feb 14, 2020, 03:10 AM
Feb 2020

Explained that the revenue stream in the Catholic Church runs in only one direction. All the parishioners (and any other donors) throughout the world give to their local church. The local church always sends a cut to the Vatican. The rest, presumably, is channeled into the services that the local church provides or sponsors.

The Vatican does not send out money to any actual, boots on the ground church or Catholic service organization.

In a way, it's like Multi-Level Marketing. There's a scene in Inferno where Stellan Skarsgard's character forcefully defends the Catholic Church by stating that " My church heals the sick. My church feeds the hungry. . ."

But it doesn't. There are people out in the world providing time, money and services to people in need who are affiliated with the Catholic Church. But they have to wrangle their own funding and--as mentioned before-- are expected to provide a portion of their "take" to their governing diocese which then sends some of the money up the food chain.

The people providing the actual assistance are basically paying to be affiliated with the Catholic Church which lends them legitimacy and identity.

The Catholic Church is a brand. And the folks who manage the brand's presentation to the world are the ones who benefit the most from the name.

"Loophole" is intentional. Started in Reagan years, laws weakened pension protection for workers. Midnight Writer Feb 2020 #1
Just one DENVERPOPS Feb 2020 #4
Some relatives of mine bucolic_frolic Feb 2020 #5
My Dad's corporation was bought by a French Co. that actually increased his pension plan. Midnight Writer Feb 2020 #7
Yes, Wellstone ruled Feb 2020 #8
Absolutely outrageous.. Firestorm49 Feb 2020 #2
Church plans have different rules mahatmakanejeeves Feb 2020 #3
Doesn't the Catholic Church (Rome) Dan Feb 2020 #12
Sorry, all their extra money goes towards lawsuit payouts Merlot Feb 2020 #17
A PBS program that I saw Collimator Feb 2020 #18
Figures... Rider3 Feb 2020 #6
I wonder,,,, Cryptoad Feb 2020 #9
I seriously wonder what the Pope has to say about this. n/t MarcA Feb 2020 #15
This looks like the tip of the iceberg, because this issue affects all religious institutions. pnwmom Feb 2020 #10
So it was a church plan when it was avoiding payments to the PBGC ... VMA131Marine Feb 2020 #11
But but ...the stock market is so high eom LittleGirl Feb 2020 #13
NYSE near 30,000 and NASDAQ near 10,000 King_Klonopin Feb 2020 #19
Somebody is getting rich LittleGirl Feb 2020 #20
Don't forget to tithe from what little you have left. keithbvadu2 Feb 2020 #14
Pensions were a nice perk long ago Politicub Feb 2020 #16
After a review by forum hosts....LOCKING Omaha Steve Feb 2020 #21
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