Big Oil, Big Banks and Big Food Sponsored Vatican’s Canonization Ceremony

pope-francis-canonization

Is the Catholic Church for sale? Some critics are arguing that it may
be, following revelations that the recent canonization of Popes John
XXIII and John Paul II was sponsored by big industries. ~ JD Heyes

As noted by CNBC:

He
has railed against the “tyranny” of global capitalism and the “idolatry
of money” but even Pope Francis needs a little corporate coin sometimes
— as proven by the list of sponsors for [April 27th’s] canonizations.

Reports
said that an oil and gas giant, a number of big banks and
Switzerland-based food mega-corporation Nestle were among more than a
dozen financial sponsors of the event in Rome!

Hundreds of
thousands attended the Eternal City event to see John, who was pontiff
from 1958 to 1963, and John Paul, who reigned from 1978 to 2005,
canonized as saints.

List of corporate sponsors to defray costs

The
sponsor list was dominated by Italian firms; included were energy
corporations Eni and Enel, banking company Intesa SanPaolo, and a
railway network, Ferrovie Italiane.

More from CNBC:

It’s
perhaps an unlikely roll call of names to be associated with a Vatican
event, six months after Pope Francis launched an attack on the global
economic system as part of his call for a greater focus on the needs of
the world’s poor.

His remarks were dismissed at the time by
radio talk giant Rush Limbaugh as “pure Marxism,” and it forced the
pontiff to reassure his conservative critics that he was not launching a
political campaign. Indeed, in the Bible, Jesus regularly decries the
dangers and pitfalls of coveting wealth over eternal life in Heaven.

As
far as the Catholic Church itself, the institution has enormous assets.
The Vatican Bank manages assets worth as much as $8 billion in
worldwide investments, as well as 33,000 accounts for clergy and
parishes. But its government, the Holy See, headed by the pontiff,
operated at a loss of $18.4 million in 2011.

‘Better than taking money out of the poor box’

In
fact, that there were sponsors for the event signals Rome’s perilous
financial position. Facing a budget deficit of $1.17 billion this year,
the Holy See was turned down in February for a large central government
bailout to help pay city employees and purchase fuel for buses.

CNBC reported that Father Thomas Reese, a senior analysts with the National Catholic Reporter,
said that, because such events like the historic dual canonization
bring income to businesses, including hotels and restaurants, it was
“appropriate that they help” finance them.

“As one archbishop told me,
‘You can’t pay bills with holy cards,'” he added. “Having an event to
which hundreds of thousands of people attend, is expensive. Better to
get some corporate sponsors than to take money out of the poor box for
it.”

 

JD Heyes – April 27, 2014 – posted at NaturalNews

 

Sources:

http://www.cnbc.com

http://apnews.myway.com

http://www.washingtonpost.com

 

Source Article from http://www.knowthelies.com/node/9739

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