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Invisibledr_gonz

Registered: 08/18/03
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    #11039211 - 09/11/09 08:31 AM (14 years, 6 months ago)

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InvisibleUnholyChild666
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11039227 - 09/11/09 08:36 AM (14 years, 6 months ago)

I don't think you're gonna get a very direct anwser but I found this, didn't read it myself but here you go.

http://answers.google.com/answers/threadview?id=54617
Quote:

this is a very difficult question to answer. The
finances of the Vatican are very complex, come from different sources,
and are dedicated to different missions, in different countries. And
indeed, its transnational structure makes it even difficult to assess
the Vatican's finances.

But not a man as Prof. Thomas J. Reese, an American Vatican expert
from Woodstock Theological Center at Georgetown University, would shun
from the task. In his book, "Inside the Vatican" (Harvard University
Press, 1996 <www.amazon.com/exec/obidos/ASIN/0674932609ltc-political>;
- highly recommended if you're interested in Church history and
politics), he examines the finances of the Vatican (For the Chapter on
Vatican finances see pp. 202-229).

The first thing you may want to know is that the Holy See ran a
deficit from 1970 until 1993. Reese examines first the IOR (Instituto
per le Opere di Religione), known better as "the Vatican Bank". The
IOR was founded in 1887 to help the Pope manage his finances after the
fall of the Papal States. In 1994, for the first time in its history,
the bank was audited by an outside element - Price Waterhouse (today
PriceWaterhouseCoopers - http://www.pwcglobal.com/). In that year, the
bank had deposits of $40 billion, and annual profits of $4 million.
Reese notes, after an interview with the head of the bank, that "it is
unclear how much working capital the bank has beyond its deposits",
and that some estimated it as high as $1 billion, before 1984 payments
to creditors of a collapsing Italian Bank (a scandal known as "Banco
Amrosiano" Scandal). The budget of the Vatican City itself is $130
million annually.

In 1994, the audit listed:
- 1,483 billion lire in assets [About $848 million]: -
- 732 billion lire [about $419 million] in liabilities (in the
"Consolidated Financial Statements of the Holy See" (410 billion in
cash, 479 billion in stocks and bonds, 29 billion in gold, and 470
billion in fixed assets - investments and real-estate) . 269 billion
lire are in deposits and accounts of Vatican entities, 96 billion for
employees' severance indemnities and 262 billion at the value of
pensions to present employees;
- 750 billion are in net assets [$430 million].

These figures are without the bank and the Vatican City, each of them
was mentioned earlier, and Reese estimates that it would add up to
$500 million to $1 billion. However, deducting the Vatican City's
budget and the $270 million reported as "fixed assets", the sum is
lower than $1 billion, maybe even less than quarter billion dollars.

Although Reese's information is only an estimation, it is probably the
closer you'll get, with the complex structure of the Vatican and the
Church. You can find other estimations online, including from this
site <http://www.vaticanbankclaims.com>, which tries to assert
retributions from the Vatican bank on property looted by the Nazis.
they claim the bank has manages  2bn (British Pounds) of assets, and
that The Vatican had a balance of 2.5bn lira in 1998, then worth about
1m. <http://www.vaticanbankclaims.com/worldly.htm>

In an interview published in Money Week, Cardinal Edmund C. Szoka, the
Vatican's  "finance minister", claims that The Vatican's assets are $5
billion. he adds that " Income to the Holy See from bishops' dioceses
has more than tripled from 1990 levels, to $22 million in 2000." he
also says, "That [$5 billion] doesn't include the Vatican City, which
has a separate financial statement. If property is used for Church
purposes and could never be sold, the value of it is considered 1
lire, or nearly zero." The City's assets are "The revenues in 2000
were $180 million. The net surplus was $22 million, but that
fluctuates greatly since we're responsible for the maintenance of all
buildings, and it's extremely costly. One year we have a profit of $1
million and the next year $10 million. We put the surplus in a
reserve, so we have it when the next work is needed" (Szoka refuses to
refer directly to the Vatican Bank's assets). <source:
http://www.wrns.org/parse.php?idd=4537>;

Further Reading:
Forum on Reese's book: www.georgetown.edu/centers/woodstock/
report/r-fea48.htm
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&group=alt.religion.christian.roman-catholic

I also sought the Internet - I must say that I mainly found
religiously biased attacks on the Vatican and newspaper articles,
nothing "serious". However, my search links were:
vatican finances
vatican assets"
vatican "estimated assets"
"liquid assets" "catholic church"





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InvisibleMisterMuscaria
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Re: How much money does the Vatican have? [Re: UnholyChild666]
    #11039245 - 09/11/09 08:42 AM (14 years, 6 months ago)

The actual Vatican City itself; all the buildings and whatnot have to be work a HUGE chunk of change.

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OfflineSellith
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Re: How much money does the Vatican have? [Re: MisterMuscaria]
    #11039260 - 09/11/09 08:48 AM (14 years, 6 months ago)

I heard that it's the most wealthy institution in the entire world.


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InvisibleHELLA_TIGHT
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Re: How much money does the Vatican have? [Re: Sellith]
    #11039411 - 09/11/09 09:31 AM (14 years, 6 months ago)

Quote:

VoidMasamune said:
I heard that it's the most wealthy institution in the entire world.




I call bullshit.


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InvisibleUnholyChild666
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Re: How much money does the Vatican have? [Re: HELLA_TIGHT]
    #11039436 - 09/11/09 09:38 AM (14 years, 6 months ago)

Quote:

HELLA_TIGHT said:
Quote:

VoidMasamune said:
I heard that it's the most wealthy institution in the entire world.




I call bullshit.



are you gonna elaborate?


--------------------



"I am the Highest Power the leader of the pack"

Actiavte My Dream Sequence Machine

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InvisibleP-O
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Re: How much money does the Vatican have? [Re: UnholyChild666]
    #11039449 - 09/11/09 09:41 AM (14 years, 6 months ago)

:pope:  "my son, confess your sins, then give me your money, and go fight in the wars!  Its what jesus wants!"

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InvisibleMrPinkFloyd


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Re: How much money does the Vatican have? [Re: P-O]
    #11039489 - 09/11/09 09:52 AM (14 years, 6 months ago)

I've often wondered this as well.

What the hell does the pope even do all day, sharpen his hat?

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OfflineSellith
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Re: How much money does the Vatican have? [Re: HELLA_TIGHT]
    #11039566 - 09/11/09 10:12 AM (14 years, 6 months ago)

Quote:

HELLA_TIGHT said:
Quote:

VoidMasamune said:
I heard that it's the most wealthy institution in the entire world.




I call bullshit.



It could be bullshit, but I wouldn't be surprised if it was true...
Their message to their followers is not to value material wealth and power, yet -> :pope:

Big pope hat, big golden rod... They definitely look like symbols of power and wealth to me personally.


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OfflineRoosterCogburn
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Re: How much money does the Vatican have? [Re: Sellith]
    #11039574 - 09/11/09 10:15 AM (14 years, 6 months ago)

Religious sheeple don't understand things like hypocricy.

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Offlinebbl337
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Re: How much money does the Vatican have? [Re: RoosterCogburn]
    #11039588 - 09/11/09 10:18 AM (14 years, 6 months ago)

Quote:

RoosterCogburn said:
Religious sheeple don't understand things like hypocricy.




qft


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OfflineRoosterCogburn
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Re: How much money does the Vatican have? [Re: bbl337]
    #11039606 - 09/11/09 10:21 AM (14 years, 6 months ago)

Isn't it sad? From the theft of their hard earned money to the raping of their children. They just keep coming back for more. :nonono:

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InvisibleP-O
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Re: How much money does the Vatican have? [Re: RoosterCogburn]
    #11039628 - 09/11/09 10:27 AM (14 years, 6 months ago)

WE WORK HARD SO THE CHURCH DOESN'T... now go pray for your soul!

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Offlinebbl337
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Re: How much money does the Vatican have? [Re: RoosterCogburn]
    #11039645 - 09/11/09 10:32 AM (14 years, 6 months ago)

Quote:

RoosterCogburn said:
Isn't it sad? From the theft of their hard earned money to the raping of their children. They just keep coming back for more. :nonono:





It's not that hard to brain wash people... I should go into politics or become a messiah or something... too damn easy and lots of dough and pussy :crazy2:


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OfflineSellith
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Re: How much money does the Vatican have? [Re: RoosterCogburn]
    #11039657 - 09/11/09 10:36 AM (14 years, 6 months ago)

Quote:

RoosterCogburn said:
Isn't it sad? From the theft of their hard earned money to the raping of their children. They just keep coming back for more. :nonono:



Organized religion is a scam. It's a tool used by politicians, liars and control freaks to divide people into groups, thus making them easier to control. If religion was man made, it would look exactly like it does... Self-righteous, corrupt and constantly trying to push their ridiculous belief systems on other people.


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InvisiblePoid
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Re: How much money does the Vatican have? [Re: Sellith]
    #11039660 - 09/11/09 10:38 AM (14 years, 6 months ago)

Everything is a religion. :shrug:


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Well I try my best to be just like I am, but everybody wants you to be just like them. --  Bob Dylan
fireworks_god said:
It's one thing to simply enjoy a style of life that one enjoys, but it's another thing altogether to refer to another person's choice as "wrong" or to rationalize their behavior as being pathological or resulting from some sort of inadequacy or failing so as to create a sense of superiority or separation as yet another projection of a personal fear or control issue.

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OfflineRoosterCogburn
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Re: How much money does the Vatican have? [Re: Sellith]
    #11039663 - 09/11/09 10:39 AM (14 years, 6 months ago)

Quote:

VoidMasamune said:

If religion was man made, it would look exactly like it does...






I like this. :yesnod:

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Invisibletrekie
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Re: How much money does the Vatican have? [Re: bbl337]
    #11039669 - 09/11/09 10:42 AM (14 years, 6 months ago)

Vatican city is the one of the richest if not the richest country  per capita in the world. I heard that a few years ago. I'm an ashiest but I don't believe in any cult  personality or otherwise.


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I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.


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Invisibletrekie
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Re: How much money does the Vatican have? [Re: trekie]
    #11039678 - 09/11/09 10:43 AM (14 years, 6 months ago)

I would love to go in the Vatican and see all the old shit they are trying to hide from the world.


--------------------
I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.


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OfflineRedstorm
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11039918 - 09/11/09 11:23 AM (14 years, 6 months ago)

I'm not sure about all of their holdings, but recent years have put their annual budget at $200M to $300M, which is not big for a midsize corporations, let alone a sovereign state. Compare this to Harvard University, whose budget is over $3B.  Their investment portfolio (including real estate) is reported at a little over $1B.

It should be noted that these numbers don't include parishes or other organizations that are outside of the Vatican's control.

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InvisibleHELLA_TIGHT
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Re: How much money does the Vatican have? [Re: UnholyChild666]
    #11040028 - 09/11/09 11:47 AM (14 years, 6 months ago)

Quote:

UnholyChild666 said:
Quote:

HELLA_TIGHT said:
Quote:

VoidMasamune said:
I heard that it's the most wealthy institution in the entire world.




I call bullshit.



are you gonna elaborate?




I couldn't find any exact numbers, but one article said it's not even in the top 100. I did find one figure that said the national income was about 250 million a year, but couldn't find any source.


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InvisibleHELLA_TIGHT
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Re: How much money does the Vatican have? [Re: trekie]
    #11040034 - 09/11/09 11:49 AM (14 years, 6 months ago)

Quote:

trekie said:
I would love to go in the Vatican and see all the old shit they are trying to hide from the world.




I went there last year, it's pretty mind blowing.


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Invisibletrekie
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Re: How much money does the Vatican have? [Re: HELLA_TIGHT]
    #11040050 - 09/11/09 11:52 AM (14 years, 6 months ago)

its not just the cash its all the land and art they own also not including any other investments they own all tax free


--------------------
I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.


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Offlinestaedtler
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11040837 - 09/11/09 01:59 PM (14 years, 6 months ago)

Quote:

dr_gonz said:
I cannot find an answer.

"More than God" is not the answer I'm looking for




As much as they want.

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Invisibledr_gonz

Registered: 08/18/03
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. [Re: staedtler]
    #11040845 - 09/11/09 02:00 PM (14 years, 6 months ago)

.

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InvisibleP-O
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041115 - 09/11/09 02:56 PM (14 years, 6 months ago)

Quote:

dr_gonz said:
I wonder if the vatican would give me a loan?




Ya but you dont wanna "pay off your loan" to any ministers...

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Invisibledr_gonz

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. [Re: P-O]
    #11041149 - 09/11/09 03:04 PM (14 years, 6 months ago)

.

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InvisibleLobsterSauceDiscord
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041160 - 09/11/09 03:07 PM (14 years, 6 months ago)

De pope a wanta favours in return. Capiche?


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OfflineWapakz
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Re: How much money does the Vatican have? [Re: LobsterSauce]
    #11041174 - 09/11/09 03:09 PM (14 years, 6 months ago)

Vatican has 50 billion, according to Bill Maher's Religulous


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OfflineCoaster
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041182 - 09/11/09 03:10 PM (14 years, 6 months ago)

I CANT BELIEVE THEIR SYMBOL IS THE SYMBOL OF DEATH
WTF ARE THEY THINKING
HEY LETS ALL BOW DOWN TO A GUY WHOS IN SUPER AGONY
YA THATS A GOOD IDEA
LETS FOLLOW THE DEATH OF JESUS INSTEAD OF HIS LIFE


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Invisibledr_gonz

Registered: 08/18/03
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. [Re: Coaster]
    #11041196 - 09/11/09 03:13 PM (14 years, 6 months ago)

.

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OfflineCoaster
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041199 - 09/11/09 03:14 PM (14 years, 6 months ago)

i really dislike his messages

dont use condoms he says

wut a fucking genius


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Invisibledr_gonz

Registered: 08/18/03
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. [Re: Coaster]
    #11041201 - 09/11/09 03:14 PM (14 years, 6 months ago)

.

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InvisibleP-O
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041276 - 09/11/09 03:27 PM (14 years, 6 months ago)

The church has done soooo many Evil things all over the world in the past.  I watched a documentary on all the torture devices the church used to use on people...





Edited by P-O (09/11/09 03:28 PM)

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Invisibledr_gonz

Registered: 08/18/03
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. [Re: P-O]
    #11041303 - 09/11/09 03:31 PM (14 years, 6 months ago)

.

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Invisibleuber_aj
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Re: How much money does the Vatican have? [Re: P-O]
    #11041307 - 09/11/09 03:31 PM (14 years, 6 months ago)

Quote:

PostiveOutlook said:





I don't see the optical illusion, what is it?

I've heard Bill Maher and Penn and Teller both say the Vatican has $50 billion. It wouldn't surprise me if they were exaggerating to support their claims, or if the Vatican pretends to not have that much b/c they'd look greedy.

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InvisibleMisterMuscaria
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Re: How much money does the Vatican have? [Re: Coaster]
    #11041316 - 09/11/09 03:32 PM (14 years, 6 months ago)

Quote:

Coaster said:
I CANT BELIEVE THEIR SYMBOL IS THE SYMBOL OF DEATH
WTF ARE THEY THINKING
HEY LETS ALL BOW DOWN TO A GUY WHOS IN SUPER AGONY
YA THATS A GOOD IDEA
LETS FOLLOW THE DEATH OF JESUS INSTEAD OF HIS LIFE




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InvisibleP-O
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041317 - 09/11/09 03:33 PM (14 years, 6 months ago)

he has devil horns... im sure they ran that picture on purpse!

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OfflineRedstorm
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11041832 - 09/11/09 05:20 PM (14 years, 6 months ago)

Quote:

dr_gonz said:
Quote:

PostiveOutlook said:
The church has done soooo many Evil things all over the world in the past.  I watched a documentary on all the torture devices the church used to use on people...









The man is so blatantly an incarnation of Lucifer that I don't even need to argue the point.




Of course then you would have to believe in Lucifer, which is about as stupid as subscribing to the Catholic Church.

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Invisiblecortex
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Re: How much money does the Vatican have? [Re: Wapakz]
    #11041843 - 09/11/09 05:22 PM (14 years, 6 months ago)

Quote:

Wapakz said:
Vatican has 50 billion, according to Bill Maher's Religulous




Yeah, let's believe everything THAT asshole says :rolleyes:

I did enjoy that movie, but you gotta take some of that shit with a grain of salt.


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Invisibleuber_aj
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Re: How much money does the Vatican have? [Re: cortex]
    #11041852 - 09/11/09 05:24 PM (14 years, 6 months ago)

:curbyourenthusiasm: at your Hadron signature.

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Invisibleblewmeanie
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Re: How much money does the Vatican have? [Re: RoosterCogburn]
    #11042054 - 09/11/09 06:06 PM (14 years, 6 months ago)

Quote:

RoosterCogburn said:
Isn't it sad? From the theft of their hard earned money to the raping of their children. They just keep coming back for more. :nonono:



Protip: The rate of pedophelia among catholic clergy is exactly the same as the rest of the population, it just gets more publicity.


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Invisiblecortex
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Re: How much money does the Vatican have? [Re: blewmeanie]
    #11042069 - 09/11/09 06:09 PM (14 years, 6 months ago)

I find that hard to believe.  Catholic priests are a bunch of pedo faggots.


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Invisibledr_gonz

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    #11042072 - 09/11/09 06:09 PM (14 years, 6 months ago)

.

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Re: How much money does the Vatican have? [Re: cortex]
    #11042147 - 09/11/09 06:23 PM (14 years, 6 months ago)

Quote:

cortezthekiller said:
I find that hard to believe.  Catholic priests are a bunch of pedo faggots.



Well that's certainly what you've been taught to believe. The truth is they're people just like the rest of us.


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Invisibleblewmeanie
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11042155 - 09/11/09 06:24 PM (14 years, 6 months ago)

Quote:

dr_gonz said:
Except the other part of the population doesn't claim to be holier than though



They don't? That funny, because I see people doing that exact thing all the time. Just about everyone wants to believe they're superior to the next guy.


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Invisibledr_gonz

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. [Re: blewmeanie]
    #11042161 - 09/11/09 06:25 PM (14 years, 6 months ago)

.

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OfflineRoosterCogburn
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Re: How much money does the Vatican have? [Re: blewmeanie]
    #11042164 - 09/11/09 06:26 PM (14 years, 6 months ago)

Quote:

blewmeanie said:
Quote:

RoosterCogburn said:
Isn't it sad? From the theft of their hard earned money to the raping of their children. They just keep coming back for more. :nonono:



Protip: The rate of pedophelia among catholic clergy is exactly the same as the rest of the population, it just gets more publicity.




Thank you for adding one more fact that nullifies god... priests are just normal people.

I know that. :yesnod:

This just proves it to all the people who think priests are "men of god" and are somehow more trustworthy.

:shrug:

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Invisibleblewmeanie
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Re: How much money does the Vatican have? [Re: RoosterCogburn]
    #11042177 - 09/11/09 06:28 PM (14 years, 6 months ago)

Yep, thats basically it. :lol:


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Invisiblecortex
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Re: How much money does the Vatican have? [Re: blewmeanie]
    #11042178 - 09/11/09 06:28 PM (14 years, 6 months ago)

Quote:

blewmeanie said:
Quote:

cortezthekiller said:
I find that hard to believe.  Catholic priests are a bunch of pedo faggots.



Well that's certainly what you've been taught to believe. The truth is they're people just like the rest of us.




yeah, i'm not being entirely serious


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Invisibleblewmeanie
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11042193 - 09/11/09 06:30 PM (14 years, 6 months ago)

Quote:

dr_gonz said:
Why do they wear costumes and pretend to be God's voice?



Because they have panache  :snowman:


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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11042198 - 09/11/09 06:31 PM (14 years, 6 months ago)

I recently purchased, coincidentally, a book entitled 'The Vatican Billions' by Avro Manhattan. I will try to remember to get back to you when I have read it.


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Invisibledr_gonz

Registered: 08/18/03
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. [Re: blewmeanie]
    #11042204 - 09/11/09 06:33 PM (14 years, 6 months ago)

.

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Invisibleblewmeanie
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Re: How much money does the Vatican have? [Re: dr_gonz]
    #11042210 - 09/11/09 06:34 PM (14 years, 6 months ago)

:shoosh:


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Re: How much money does the Vatican have? [Re: blewmeanie]
    #11042416 - 09/11/09 07:21 PM (14 years, 6 months ago)

The church has a really bad k habit. That's where all the funds are going!

Not that it's a bad thing! Tried it for 2nd time tonight,come on you k hole! I will soon. Only prob is it's late and everyone in the house can hear me if I snort so I've to go downstairs. Uh!


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Re: How much money does the Vatican have? [Re: LobsterSauce]
    #11042648 - 09/11/09 08:11 PM (14 years, 6 months ago)

Church you're such a tart!


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Re: How much money does the Vatican have? [Re: LobsterSauce]
    #11043959 - 09/12/09 12:25 AM (14 years, 6 months ago)

:facepalm:

Wrong thread for shenanigans!

Edit: There was nearly an hour between my two messages. I remember going to the toilet to crank one out and just spacing out! Jesus...


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Edited by LobsterSauce (09/12/09 12:28 AM)

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InvisibleGrizvok
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Re: How much money does the Vatican have? [Re: LobsterSauce]
    #11044002 - 09/12/09 12:36 AM (14 years, 6 months ago)

Quote:

Jimtown said:
:facepalm:

Wrong thread for shenanigans!

Edit: There was nearly an hour between my two messages. I remember going to the toilet to crank one out and just spacing out! Jesus...




It's a great thread for shenanigans because that's the only thing organized religion is.

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Invisiblewhattheheck
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Re: How much money does the Vatican have? [Re: Poid]
    #11044056 - 09/12/09 12:44 AM (14 years, 6 months ago)

Quote:

Poid said:
Everything is a religion. :shrug:





Holy shit!!!! :eek:

You said something that is almost spot on.


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