http://www.bloomberg.com/apps/news?pid=20601085&sid=al.vMNIq6Pz0&refer=europe I’m thinking some people heard what he said and dumped their portfolios contributing to companies seeing their equity further decline, causing other people to lose retirements, jobs, etc, causing more home foreclosures, divorces due to money problems, suicides, people taking the Lord’s name in vain, etc.
The Catholic church has been a pretty successful company.
made a killing in RE lol
Actually, the City of Vatican receives the approval of credit lines (from banks) without any analysis on their financial statements.
akanska Wrote: ------------------------------------------------------- > made a killing in RE > > lol They actually had to dump a lot of their Boston-area real estate in a fire sale in order to settle some, well, legal matters.
strangedays Wrote: ------------------------------------------------------- > Actually, the City of Vatican receives the > approval of credit lines (from banks) without any > analysis on their financial statements. Credit-enhanced…by GOD!!!
1 billion shareholders can’t be wrong!
sublimity Wrote: ------------------------------------------------------- > strangedays Wrote: > -------------------------------------------------- > ----- > > Actually, the City of Vatican receives the > > approval of credit lines (from banks) without > any > > analysis on their financial statements. > > Credit-enhanced…by GOD!!! LOL…just think at all the fixed assets they own around the world (all the church…) it is pretty impressive…
strangedays Wrote: ------------------------------------------------------- > sublimity Wrote: > -------------------------------------------------- > ----- > > strangedays Wrote: > > > -------------------------------------------------- > > > ----- > > > Actually, the City of Vatican receives the > > > approval of credit lines (from banks) without > > any > > > analysis on their financial statements. > > > > Credit-enhanced…by GOD!!! > > > LOL…just think at all the fixed assets they own > around the world (all the church…) it is pretty > impressive… I believe each diocese owns their property. There’s some racket where they kick up to the Vatican though.
juventurd Wrote: ------------------------------------------------------- > strangedays Wrote: > -------------------------------------------------- > ----- > > sublimity Wrote: > > > -------------------------------------------------- > > > ----- > > > strangedays Wrote: > > > > > > -------------------------------------------------- > > > > > > ----- > > > > Actually, the City of Vatican receives the > > > > approval of credit lines (from banks) > without > > > any > > > > analysis on their financial statements. > > > > > > Credit-enhanced…by GOD!!! > > > > > > LOL…just think at all the fixed assets they > own > > around the world (all the church…) it is > pretty > > impressive… > > I believe each diocese owns their property. > There’s some racket where they kick up to the > Vatican though. Yes…but the ultimate parent company is in Rome 
Nothing like preaching about Mammon from a guy who lives in the world’s biggest Judas bag…
juventurd Wrote: ------------------------------------------------------- > akanska Wrote: > -------------------------------------------------- > ----- > > made a killing in RE > > > > lol > > > They actually had to dump a lot of their > Boston-area real estate in a fire sale in order to > settle some, well, legal matters. I’m referring to a while back… like a couple centuries back
If the Church increase the offer of gold, price will fall sharply
Wonder what their revenue model actually produces. Did they sell off their indulgence line to someone?
sublimity Wrote: ------------------------------------------------------- > strangedays Wrote: > -------------------------------------------------- > ----- > > Actually, the City of Vatican receives the > > approval of credit lines (from banks) without > any > > analysis on their financial statements. > > Credit-enhanced…by GOD!!! Maybe it some large intangible asset that is off the books, AKA God
Good point. God has good brand recognition.
All jokes, but no one with the gumption to address his assertion. Apparently, you don’t disagree with him; you just hate His church. Josef Ratzinger has more class and intelligence than all of you put together.
Gumption? Intelligence? Class? His assertion is devoid of meaning. It’s more fun to have a good laugh.
Credit in America is more real than his imaginary god and obsolete belief system.
Concerning his specific statements: “Way to go, captain obvious genius.”