Saturday, July 10, 2010

Although the Catholic Church may be powerful, it's certainly not profitable

The Vatican has posted a financial loss of 5.2 million dollars (4.1 million euros). Vatican Radio, however, said that the organization would have posted a profit, had it not been forced to absorb losses from 2008.

Don't be too harsh on them though - not everybody has the spiritual money-making powers of Brian Tamaki. [Breitbart]
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