Ratzinger's sudden resignation; The first such resignation in hundreds of years
An opinion piece from Kevin Annett
The Rat Scurries from the Vat: The Latest Coup in Rome: by Kevin D. Annett
Theories are abounding this week now that the first pope in seven centuries is resigning his office. But as always, the most direct way to the truth behind the world's oldest corporation is simply by following the money: and specifically, Vatican Bank money.
Let's put to rest, first of all, the fallacy that "looming scandals" about child rape and coverup are behind Joseph Ratzinger's resignation. That's just the cover story.
Nobody in the church hierarchy is losing much sleep over their standing, canon-law endorsed policy of concealing and protecting child rapists in their ranks. Even the International Criminal Court application about such crimes has been stymied by catholic-run legislators and jurists.
What pronounced the death knell on Pope Benedict was his personal implication in the bribery and money-laundering practices of the Vatican Bank, comically known as The Institute of Religious Works (IOR); and how that dirty connection gave the anti-Ratzinger faction in the College of Cardinals the lever they needed to dump the obstinate German from the papal throne.
We had a whiff of that dump-Rat Boy agenda last year, when "Vatileaks" broke into the news with a ludicrous story of how Ratzinger's loyal butler Paolo Gabriele disclosed the pope's dirty secrets to the Italian media. In fact, the damning documents detailing Ratzinger's secret rewarding of Vatican contracts to his friends and family members originated in the Vatican Secretary of State's office, which the fall-guy butler could not have had access to.
The Secretary of State and the real power behind the papacy is Cardinal Tarcisio Bertone, an old insider who also engineered the sacking of Gotti Tedeschi, head of the Vatican Bank, last May. Tedeschi had taken seriously the call of the European Parliament for "greater transparency" by the Vatican Bank /IOR, and was about to disclose to Brussels how his bosses had been laundering money for the mob for decades. The last Pope who had tried such a disclosure, John Paul 1, died from poisoning in September, 1978 after less than a month in office.
But even with Tedeschi silenced, the IOR house of cards kept tumbling, as the European Parliament seized from it 300 million Euros fraudulently acquired, and even the American Securities and Exchange Commission declared the IOR's assets and practices "insecure". A major Vatican housecleaning was required; or at least, the appearance of one.
It was the pivotal Cardinal Bertone who leaked the pope's diary and other incriminating papers to a catholic-friendly journalist in Rome last year the same month that Tedeschi was sacked, to prepare the world for Ratzinger's removal. For it is Bertone who is now reaping the benefits of the papal housecleaning; he is not only a primary contender for the pope's position but a key player in the IOR.
"Nobody becomes pope without a sordid past, because only with such liabilities can he be controlled by the Curia. It's the same in any big company. Well, Ratzinger made many indiscretions as a Cardinal and made many enemies. His signing letters ordering criminal concealment was just one sin. He was to be the scapegoat for all of the trash that the church knew would surface"FLASHBACK: Vatican Bank being Investigated- Again
JP Morgan was involved back when this news was breaking...Refresh your memory