One Third of Parishes are operating in the red.
We simply must get a diocesan campaign going that completely shuts off the cash into the Cardinal's coffers.
Every time something comes up like the Cardinal's "Committee" to Snuff Out the Teachings of the Church in Catholic Education, we could send
Furthermore, the wizards in the Chancery are certainly not mathematicians, are they.
The report, released this afternoon, said the priest pension fund is currently $104 million underfunded, and the lay pension fund, which was fully funded in 2007, was only 75 percent funded.HUH?
But archdiocesan financial officers say the church's long-term financial situation has improved dramatically since Cardinal Sean P. O'Malley arrived in 2003 and the church was staring down a $15 million operating deficit.
How can the man be improving the situation when he's gone from a 15 million dollar deficit to a 150 million dollar deficit and he's funding operation by siphoning from people's pensions?
Even if you can ration away that the diocese is 135 million more in the hole than when the Cardinal arrived here, is paying operating expenses with money belonging to people's pensions even legal?
Isn't this a violation of ERISA laws and a breach of fiduciary duty to, for instance, pay out 7 million dollars to mow lawns and pay electric and heating bills of closed Churches so squatters can hold nutty lay-led services that are not even Catholic?
We've simply got to let the diocese collapse by sending our money to authentic Catholic initiatives.