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#1 Jul 3, 2011
Vatican returns to profit but donations down
By NICOLE WINFIELD, Associated Press – 1 day ago
VATICAN CITY (AP)— The Vatican has returned to profit after three years in the red but donations from the faithful fell nearly €15 million ($22 million), or 18 percent, amid tough economic times and a year in which the priest sex abuse scandal exploded.
The Vatican issued its annual financial report Saturday, saying it made a profit of €9.85 million ($14.3 million) in 2010 following a loss of €4.01 million ($5.8 million) a year earlier and losses in 2007 and 2008.
Revenues were €245.2 million ($356.1 million) against expenses of €235.35 million ($341.8 million).
In a statement, the Vatican said the results showed a continuing positive trend that began in 2009 but was hampered then by the effects of the global financial downturn.
The separately administered Vatican city state also turned a €21.04 million ($30.6 million) profit, thanks primarily to booming ticket sales at the Vatican Museums.
#2 Jul 3, 2011
Some of that profit comes from their booming business forcing liturgical changes to the music and words of the Mass.
Hymnals containing mostly Church-copyrighted crap are forced on every single parishioner in the US @$60 per.
The new Missal (the 'old' one wasn't old enough to vote) will bring in more millions.
No one has yet placed a value on the use by the GOP of the Church's Eucharist to elect scumbags.
The should all eat s hit and die.
#3 Jul 3, 2011
The church should make itself useful and ex-communicate many of the Democrat scumbag politicians who may as well work for Satan. As long as they donate though the Bishops look the other way.
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