Tuesday, 14 October 2008

Vatican bank safe from financial crisis

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Do come on over (and change your bookmarks accordingly): rationalist.org.uk

Last week the Pope was busy telling us that money is an illusion, that "money disappears, it's nothing" (a fair point, you might think given the current crisis, but not when Papal logic leads to this argument: "Whoever builds his life on this reality, on material things, on success ... builds his house on sand. Only the word of God is the foundation of all reality").

But Pope Benny would say that, safe in the knowledge that his own cash (the Vatican's got loads of it, even if it is an illusion) is sitting pretty in the Institute for the Works of Religion, the Vatican's very own bank, which has just announced that all its deposits are safe from the effects of the global banking crash. Fair play to them, in that they seem to have stayed away from the reckless tactics that have landed other banks in trouble, but could they please clarify, given their rumoured $4bn in deposits, whether money is an illusion or not? I'm confused and in need of Papal guidance.


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claire said...

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