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THE PAPAL BILLIONS is a candid account of centuries of priesthood schemes that turned St. Peter's pence into St. Peter's billions, and discloses matters of controversy that have the power to rock the Catholic Church at its very foundation. THE PAPAL BILLIONS is a unique disclosure of the most formidable financial empire the world has ever seen. How did it all begin? The answer to that question is recorded in ancient Church records, and reveals that Christianity was founded purely on financial principles.Centuries of astonishing wealth accumulation by the Catholic Church commenced with Pope St. Peter, and his actions led to a series of spectacular papal forgeries that established the foundation for the Vatican's vast riches today. Unravelling suppressed evidence establishes that the Holy Mother Church became an international colossus through money-making enterprises inconsistent with her public preaching.
The New York Times–bestselling inside look at one of the world’s most powerful and mysterious institutions For more than twenty-five years, John Thavis held one of the most remarkable journalistic assignments in the world: reporting on the inner workings of the Vatican. In The Vatican Diaries, Thavis reveals Vatican City as a place struggling to define itself in the face of internal and external threats, where Curia cardinals fight private wars and sexual abuse scandals threaten to undermine papal authority. Thavis (author of The Vatican Prophecies: Investigating Supernatural Signs, Apparitions, and Miracles in the Modern Age) also takes readers through the politicking behind the election of Pope Francis and what we might expect from his papacy. The Vatican Diaries is a perceptive, compelling, and provocative account of this singular institution and will be of interest to anyone intrigued by the challenges faced by religion in an increasingly secularized world.
AN INVESTIGATION OF EPIC FINANCIAL INTRIGUE, RENDER UNTO ROME EXPOSES THE SECRECY AND DECEIT THAT RUN COUNTER TO THE VALUES OF THE CATHOLIC CHURCH. The Sunday collection in every Catholic church throughout the world is as familiar a part of the Mass as the homily and even Communion. There is no doubt that historically the Catholic Church has been one of the great engines of charity in history. But once a dollar is dropped in that basket, where does it go? How are weekly cash contributions that can amount to tens of thousands of dollars accounted for? Where does the money go when a diocese sells a church property for tens of millions of dollars? And what happens when hundreds of millions of dollars are turned over to officials at the highest ranks, no questions asked, for their discretionary use? The Roman Catholic Church is the largest organization in the world. The Vatican has never revealed its net worth, but the value of its works of art, great churches, property in Rome, and stocks held through its bank easily run into the tens of billions. Yet the Holy See as a sovereign state covers a mere 108 acres and has a small annual budget of about $280 million. No major book has examined the church’s financial underpinnings and practices with such journalistic force. Today the church bears scrutiny by virtue of the vast amounts of money (nearly $2 billion in the United States alone) paid out to victims of clergy abuse. Amid mounting diocesan bankruptcies, bishops have been selling off whole pieces of the infrastructure—churches, schools, commercial properties—while the nephew of one of the Vatican’s most powerful cardinals engaged in a lucrative scheme to profiteer off the enormous downsizing of American church wealth.
New York Times Bestseller: A “deeply researched” exposé of the money and the clerics-turned-financiers at the heart of the Vatican (Chicago Tribune). From a master chronicler of legal and financial misconduct, a magnificent investigation nine years in the making, God’s Bankers traces the political intrigue of the Catholic Church in “a meticulous work that cracks wide open the Vatican’s legendary, enabling secrecy” (Kirkus Reviews). Decidedly not about faith, belief in God, or religious doctrine, this book is about the church’s accumulation of wealth and its byzantine financial entanglements across the world. Telling the story through two hundred years of prelates, bishops, cardinals, and the popes who oversee it all, Gerald Posner uncovers an eyebrow-raising account of money and power in one of the world’s most influential organizations. God’s Bankers is a revelatory and astounding saga marked by poisoned business titans, murdered prosecutors, and mysterious deaths written off as suicides; a carnival of characters from popes and cardinals to financiers and mobsters to kings and prime ministers; and a set of moral and political circumstances that not only clarify the church’s aims and ambitions, but reflect the larger tensions of more recent history. Posner also assesses Pope Francis’s potential to overcome the resistance to change in the Vatican’s Machiavellian inner court and rein in the excesses of its seemingly uncontrollable financial quagmire. “As exciting as a mystery thriller” (Providence Journal), this book reveals with extraordinary precision how the Vatican has evolved from a foundation of faith to a corporation of extreme wealth and power. “Reads like a sprawling novel, full of complex characters and surprising twists. . . . Readers interested in issues involving religion and international finance will find Posner’s work a compelling read.” —Library Journal “An extraordinarily intricate tale of intrigue, corruption and organized criminality. . . . Posner’s gifts as a reporter and storyteller are most vividly displayed in a series of lurid chapters on the American archbishop Paul Marcinkus, the arch-Machiavellian who ran the Vatican Bank from 1971-1989.” —The New York Times Book Review
A New York Times columnist and one of America’s leading conservative thinkers considers Pope Francis’s efforts to change the church he governs in a book that is “must reading for every Christian who cares about the fate of the West and the future of global Christianity” (Rod Dreher, author of The Benedict Option). Born Jorge Mario Bergoglio in 1936, today Pope Francis is the 266th pope of the Roman Catholic Church. Pope Francis’s stewardship of the Church, while perceived as a revelation by many, has provoked division throughout the world. “If a conclave were to be held today,” one Roman source told The New Yorker, “Francis would be lucky to get ten votes.” In his “concise, rhetorically agile…adroit, perceptive, gripping account (The New York Times Book Review), Ross Douthat explains why the particular debate Francis has opened—over communion for the divorced and the remarried—is so dangerous: How it cuts to the heart of the larger argument over how Christianity should respond to the sexual revolution and modernity itself, how it promises or threatens to separate the church from its own deep past, and how it divides Catholicism along geographical and cultural lines. Douthat argues that the Francis era is a crucial experiment for all of Western civilization, which is facing resurgent external enemies (from ISIS to Putin) even as it struggles with its own internal divisions, its decadence, and self-doubt. Whether Francis or his critics are right won’t just determine whether he ends up as a hero or a tragic figure for Catholics. It will determine whether he’s a hero, or a gambler who’s betraying both his church and his civilization into the hands of its enemies. “A balanced look at the struggle for the future of Catholicism…To Change the Church is a fascinating look at the church under Pope Francis” (Kirkus Reviews). Engaging and provocative, this is “a pot-boiler of a history that examines a growing ecclesial crisis” (Washington Independent Review of Books).
Over 50 billion dollars in securities. Gold reserves that exceed those of industrialized nations. Real estate holdings that equal the total area of many countries. Opulent palaces containing the world's greatest art treasures. These are some of the riches of the Roman Catholic Church. Yet in 1929 the Vatican was destitute. Pope Pius XI, living in a damaged, leaky, pigeon-infested Lateran Palace, could hear rats scurrying through the walls, and he worried about how he would pay for even basic repairs to unclog the overburdened sewer lines and update the antiquated heating system. How did the Church manage in less than seventy-five years such an incredible reversal of fortune? The story here told by Church historian Paul L. Williams is intriguing, shocking, and outrageous. The turnaround began on February 11, 1929, with the signing of the Lateran Treaty between the Vatican and fascist leader Benito Mussolini. Through this deal Mussolini gained the support of the staunchly Catholic Italian populace, who at the time followed the lead of the Church. In return, the Church received, among other benefits, a payment of $90 million, sovereign status for the Vatican, tax-free property rights, and guaranteed salaries for all priests throughout the country from the Italian government. With the stroke of a pen the pope had solved the Vatican's budgetary woes practically overnight, yet he also put a great religious institution in league with some of the darkest forces of the 20th century. Based on his years of experience as a consultant for the FBI, Williams produces explosive and never-before published evidence of the Church's morally questionable financial dealings with sinister organizations over seven decades through today. He examines the means by which the Vatican accrued enormous wealth during the Great Depression by investing in Mussolini's government, the connection between Nazi gold and the Vatican Bank, the vast range of Church holdings in the postwar boom period, Paul VI's appointment of Mafia chieftain Michele Sindona as the Vatican banker, a billion-dollar counterfeit stock fraud uncovered by Interpol and the FBI, the "Ambrosiano Affair" called "the greatest financial scandal of the 20th Century" by the New York Times, the mysterious death of John Paul I, profits from an international drug ring operating out of Gdansk, Poland, and revelations about current dealings. For both Catholics and non-Catholics this troubling expose of corruption in one of the most revered religious institutions in the world will serve as an urgent call for reform.