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#Snob Bishops and Big Money | The Vortex

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Must be nice at the top.

A large — very large — percentage of Catholics have no idea the incredible wealth the nation's bishops have at their disposal, and we are talking billions of dollars.

If you were to look at the bishops collectively as a corporation, there's no doubt that would register in the Fortune 500. Inside the Church, they have amassed a multibillion-dollar slush fund, as Church Militant has reported on before, in a tidy little operation in Omaha, Nebraska, called "Catholic Mutual."

They require every diocese to pay regular premiums for almost anything they need in terms of insurance and so forth — auto insurance, health plans, everything. And as you might imagine, they are pretty skinflint about paying out. Estimates are that fund has billions upon billions in it because each diocese is not allowed to shop for cheaper rates, nor is any parish. They have a "captured market." Not bad if you can swing that.

Primary Video source and transcript continues here: https://www.churchmilitant.com/video/episode/vort-snob-bishops-and-big-money

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