Pope takes another swipe at the global ‘cult of money’

WILL The Hierarchy of Archdiocese of Bombay take cue from Pope Francis and bring in transparency in Financial and Property affairs at the Parishes?

SILENT VOICE has been pursuing it with Archbishop Cardinal Oswald Gracias for quite some time, without much success….It seems the Hierarchy is not interested in involving Laity in management of Property and Financial Matters, for the reason best known to them.

Hope the wiser counsel prevails and Cardinal Oswald Gracias, in the process of Advising the Pope, will take some Advice in return…



“Not to share one’s goods with the poor is to rob them”.


 Pope Francis First


Vatican City:


Pope Francis has called on world leaders to put an end to the “cult of money” and to do more to help the poor, warning that insecurity was rising in many regions of the world and the “joy of life” was diminishing in developed countries.


“The worship of the golden calf of old has found a new and heartless image in the cult of money and the dictatorship of an economy which is faceless and lacking any truly human goal,” Francis said in an address to ambassadors to the Vatican on Thursday.


Francis said that radical free-market ideologies had created “a new, invisible, and at times virtual, tyranny” and human beings “considered as consumer goods” and called for global financial reform that would benefit everyone.


“Solidarity, which is the treasure of the poor, is often considered counterproductive, opposed to the logic of finance and the economy. While the income of a minority is increasing exponentially, that of the majority is crumbling,” he said.


“I encourage the financial exports and the political leaders of your countries to consider the words of St John Chrysostom “Not to share one’s goods with the poor is to rob them”, he said.


The Argentine pope, formerly the archbishop of Buenos Aires Jorge Mario Bergoglio, became a powerful voice on the side of the poor during his homeland’s devastating economic crisis.


Increasing transparency


The Vatican Bank, a centre of scandals for decades, is to launch its own website and publish its annual report in an effort to increase transparency, its new president said.


Ernst von Freyberg told the bank’s employees of the changes, which should be in place by the end of the year, this week, according to Vatican Radio.


He also said the bank, formally known as the Institute for Works of Religion (IOR) and dubbed the world’s most secretive bank by Forbes magazine, had also hired an auditing firm to make sure it meets international standards against money laundering.


Freyberg was appointed in February to take the place of Ettore Gotti Tedeschi who was fired last May.


Gotti Tedeschi said he was dismissed because he wanted more transparency but the board, made up of international financial experts, said he had neglected basic management responsibilities and alienated staff.


His abrupt departure, along with the arrest of Pope Benedict’s butler for stealing confidential papal documents, came during a leaks scandal that shook the Vatican last year and contributed to Benedict’s decision to resign.


The Vatican has been trying to shed its image as a murky financial centre since 1982, when Roberto Calvi, known as “God’s Banker” because of his links to the Vatican, was found hanging from London’s Blackfriars Bridge.


Calvi was head of the Banco Ambrosiano, then Italy’s largest private bank, which collapsed in a fraudulent bankruptcy.


The Vatican bank owned part of the Ambrosiano.


In July, a European anti-money laundering committee said the Vatican Bank failed to meet all its standards on fighting money laundering, tax evasion and other financial crimes.


The report by Moneyval, a monitoring group of the 47-nation Council of Europe, found the Vatican had passed only nine of 16 “key and core” aspects of its financial dealings.


Source: Al Jazeera


Pope Francis ,Reform ,Vatican City ,‘cult Of Money’


English: Logo of The Intergovernmental Action ...

English: Logo of The Intergovernmental Action Group against Money Laundering in West Africa (GIABA) Русский: Логотип Межправительственной группы по борьбе с отмыванием денег в Западной Африке (ГИАБА) (Photo credit: Wikipedia)







  1. the seeker said,

    May 29, 2013 at 1:43 pm

    The Catholic clergy are so unscrupulous (I am a Hindu who has studied the Bible formally in a Catholic seminary and counsel Catholic clergy) that they are doing PhDs with others writing their theses. They have made their schools and colleges all over India’s metropolises into fiefdoms. And you’d be amazed to hear this: about two years ago in a Jesuit college somewhere in India, the Tamil rector went into the refectory in the morning and just blatantly declared to the other Jesuits there: if you are with me, you get a BlackBerry, if not, you won’t. He had all these BlackBerries given to him by local Jain and Marwari businessmen. I know of a women’s congregation in Mumbai exerting immense pressure on the novie mistress to allow undeserving girls to take the first vows. I used to write for the Kolkata Catholic Herald but then gave up after seeing that things are pretty much frightening at the ground-level. My blog is at http://www.dailylight.wordpress.com

    I know Hindu nuns and monks are often worse but then we are interested at the moment here on Catholics. Imagine this too: I went to teach theology at a Major Seminary somewhere in India. The would be priests told me that they don’t believe in God anymore.

    The above mentioned novice mistress has told me how she repeatedly tells her superiors that most of the girls under her would themselves be destroyed by the religious life and also destroy others in the long run. But it is all wasted.

    Pope Bergoglio and the whole liberation theology movement he stands for is effectively nullified by most of the Indian clergy who receive huge funding from our Hindu businessmen. Therefore they have no standing as men and women of God in the metropolises. It is sad but true.


  2. July 2, 2013 at 11:42 pm

    […] Pope takes another swipe at the global ‘cult of money’ (silentmaj.wordpress.com) […]


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