Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Why catholic church donate so much money ?
to support the needy?? e.g.
The Economist Estimates the Catholic Church Spent $171,600,000,000 in 2010
BY HEMANT MEHTA
AUGUST 17, 2012
The Economist has attempted to paint a picture of what the Catholic Church’s finances look like, especially in light of the sexual abuse scandals. I’ll admit it. I may have salivated a bit at this paragraph:
By studying court documents in bankruptcy cases, examining public records, requesting documents from local, state and federal governments, as well as talking to priests and bishops confidentially, The Economist has sought to quantify the damage.
They estimate that the church spends about $171,600,000,000 a year. Not a typo
8 Answers
- Anonymous5 months ago
The catholic charities will show the depth of the church's support for the needy off this world.
- NousLv 76 months ago
Estimates are false!!!!!!!!!!!!!!!!!
Research shows money stays almost entirely within the church!!!!!!!!!!!!!!
Why does the Vatican have the huge underground vaults crammed with gold, silver, gems, art and other valuables and huge investments that amount to more than the entire wealth of America all gained at the expense of the poor and none of it going to any charitable cause to alleviate suffering or even being spent on evangelism – just hoarded!
- ArcherLv 76 months ago
You do understand what an estimate is and that it is "total" expenditures such as operating costs, pay and benefits along with the many settlements for child molestations which they write off as a "business expense".
- Anonymous6 months ago
They have only one agenda..world domination, saving souls is merely a smokescreen..
- Anonymous6 months ago
So you are saying the church spends $171 billion a year - on what exactly are they spending this on. Lawsuits, protecting priests, what? Not on charity clearly.
- 6 months ago
As usual, DECEPTION!
Got to keep up that FRONT!
That's just a drop in the bucket, for all the Vatican is worth.
Fort Knox is more like it!
You ought to see a 'service' when they eat His body and drink His blood.
FORT KNOX!
"Truly I say to you, it is hard for a rich man to enter the kingdom of heaven" (Matthew 19:23).
They ought to give more away and start praying (Acts 1:14).
- ?Lv 46 months ago
I'm pretty sure if the Economist article said that it also either expressly or implicitly stated why it spends that amount.
