“Of all the organizations that serve America’s poor, few do more good work than the Catholic church: its schools and hospitals provide a lifeline for millions. Yet even taking these virtues into account, the finances of the Catholic church in America are an unholy mess. The sins involved in its book-keeping are not as vivid or grotesque as those on display in the various sexual-abuse cases that have cost the American church more than $3 billion so far; but the financial mismanagement and questionable business practices would have seen widespread resignations at the top of any other public institution.” From “The Catholic Church in America: Earthly Concerns” in The Economist, Aug. 18, 2012
“The finances of the Catholic Church in America are an unholy mess”
- Leave a comment