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Vatican “on the brink of Bankruptcy” due to dramatic decline in donations
(www.irishstar.com)
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this post was submitted on 18 Dec 2024
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Are you sure it's not because you've had to pay billions of dollars in settlements for priests raping children?
Are you sure that's not why?
I don’t think the victims are getting paid that much. Our society has gone from “if someone powerful did something to you then you did something wrong” to “okay maybe they were wrong for that” but we’re still a ways away from “and they should pay a real price.”
As someone who keeps up with this and whose local diocese is also collapsing under the financial strain (good riddance) I can tell you firsthand a lot of settlements are actually pretty substantial. 6 and 7 figures over and over again.
It’s never enough, let’s be clear. But these aren’t slap on the wrist numbers when you add up the fact that it’s often hundreds of settlements per diocese. Pretty sure the diocese here has roughly 530 settlements they’re paying out right now. A billionaire has been helping them foot the bill but seems it hasn’t been enough.
Whoa, that’s pretty interesting.
Consequences are a bitch, yeah. It’s not enough, to be honest.
Yeah quick correction though: I mixed up my local diocese with a Long Island-centered diocese. They had 530 settlements totaling $323mill. Roughly $600k/ea
Wish it was more!