A Catholic forum poster constantly claim the INC is a business but of course it’s an empty claim because he could not provide a single evidence of such claim. So I went out casually to set the record straight and prove that between the INC and and RCC, it is the Catholic church which is a business. Here’s what I found out in two hours.
What is a business?
What is a business anyway? Specifically, what does business mean. By definition, business means purposeful activity. In that sense the INC, and all religions including the RCC can be considered businesses because quite simply they’re in the business of religion. But that is not what the Catholic poster is saying. It’s not hard to figure out that he’s implying the INC is in the money making business. Of course we have yet to see a single evidence of such accusation. What about the RCC? Is it in the business of making money? Let’s list the ways in which the RCC is making money. And away we go …
Investing in the production of porn. “The Christian Brothers are one of the largest investors of Catholic institutional money in the world. They invest billions of dollars for over 1,000 Catholic “dioceses, religious institutes, educational institutions and health care organizations.”
“the seamiest and steamiest hardcore porn films are brought into our living rooms and hotel rooms everyday through the investments of a veritable who’s who of Catholic religious groups.”
Of all the ways the RCC can make money, they chose porn as one.
Of course it’s not all porn. While other Christian based investment instruments exclude gambling, casinos and alcohol, the RCC variety does not! “the Christian Values ETF weeds out any investments related to abortion, alcohol, tobacco, gambling, violent media, pornography, and fetal stem-cell applications. The denominational ETFs are similarly focused but slightly alter their investing philosophies according to the groups they set out to represent. For example,the Catholic Values ETF doesn’t exclude alcohol or gambling stocks”
“Tourism is one of the principal sources of revenue in the economy of the Vatican City. It is a popular destination for tourists, especially Christians, wishing to see the Pope“.
“Tourism in Vatican City also plays a key role in the state’s economy. Some important tourist attractions in Vatican City include Basilica of St. Peter’s, Sistine Chapel, Vatican museums, and Vatican libraries. Travelers to Vatican City adds to its economy by purchasing souvenirs, postage stamps, church publications, and coins. Tourists also contribute money to Vatican City’s economy by paying admission charges for visiting museums. Vatican museums can accommodate more than 20,000 visitors on a daily basis.”
The cost of admission to the Vatican Museum is 18 euros which come at least 360,000 euros daily. That’s a lot of money!
Fees from service and ceremonies
The “largest overall source of income however is from Peter’s Pence (donations made by members of the church to support the Holy See), which in 2007 totaled $79,837,843“. “The Vatican said annual donations from churches worldwide, the so-called Peter’s Pence, were down to almost $75.8 million from $79.8 million in 2007“.
“The fee for weddings at the Basilica (of Baltimore, MD) is $1,500. A non-refundable deposit of $250, due at scheduling, is required to reserve the church. The balance should be paid at least one month prior to the wedding date. The $1,500 fee does not include fees for the organist, vocalist, other musicians, flowers, or your offering to the priest or deacon.”
And that’s the result of my quick and dirty research on how the RCC is in the business of making money. I hope you enjoyed it.
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