Profiting from Abortion

Profiting from Abortion

I’d like to start this article by wishing all of you a very happy 2023! Hopefully, it will prove to be more rewarding from an investment standpoint than the exceedingly disappointing 2022. Also disappointing is the recent, January 3rd, policy change by the Food and Drug Administration (FDA) that allows pharmacies to sell mifepristone. What…

Joe Biden signs Executive Order to Force you and I to pay for travel expenses to Kill the Most Vulnerable: Unborn infants

Joe Biden signs Executive Order to Force you and I to pay for travel expenses to Kill the Most Vulnerable: Unborn infants

“Woe to those who call evil good, and good evil; who substitute darkness for light and light for darkness; who substitute bitter for sweet and sweet for bitter!” (Isaiah 5:20) Self-proclaimed Catholic Joe Biden, today signed an executive order forcing United States taxpayers to fund abortion travel with their tax dollars. Evil is called good…

New policy says Vatican investments cannot contradict Catholic teaching

New policy says Vatican investments cannot contradict Catholic teaching

CNA—A Vatican policy published Tuesday says that the Holy See’s financial investments cannot contradict Catholic teaching. The policy stipulates that Vatican investments should “be aligned with the teachings of the Catholic Church, with specific exclusions for financial investments which contradict its fundamental principles, such as the sanctity of life or the dignity of the human…

Was Peter’s Pence used to finance investments like the now infamous London property deal?

Was Peter’s Pence used to finance investments like the now infamous London property deal?

CNA—The Vatican’s “trial of the century”, scheduled to continue in September, has so far offered plenty of drama and raised numerous unanswered questions. One of the most sensitive, not just for Catholics who have donated money to the Vatican, is this: Was Peter’s Pence used to finance investments like the now infamous London property deal?…

Vatican’s financial watchdog sees rise in suspicious activity reports in 2021

Vatican’s financial watchdog sees rise in suspicious activity reports in 2021

CNA—The Vatican’s financial watchdog authority reported on Monday that it received 104 suspicious activity reports in 2021, an increase from the previous year. In a 35-page annual report, released on June 13, the Supervisory and Financial Information Authority (ASIF) said that it submitted 21 reports to the Vatican’s Promoter of Justice (prosecutor), the highest number…

Cardinal Becciu: Pope Francis responsible for Vatican auditor’s ousting

Cardinal Becciu: Pope Francis responsible for Vatican auditor’s ousting

CNA—Cardinal Angelo Becciu said Wednesday that he is blameless in the forced resignation of a Vatican auditor, because it came at Pope Francis’ request. Becciu was said to be responsible for the sudden firing in 2017 of the Vatican’s first auditor general, Libero Milone, as well as the cancelation of an internal audit. But during…

The Catholic Investor: My Journey

The Catholic Investor: My Journey

I began transforming into a Catholic investor while working as a portfolio manager for Northwestern Mutual Life. I had been a pro-life Catholic for a long time and was serving on the Wisconsin Right to Life Board of Directors. A stockbroker I worked with regularly approached me with a new idea for a stock to…

Preparing for Libor to Leave the Building

Preparing for Libor to Leave the Building

The London Interbank Offered Rate (Libor) — once called the world’s most important number — is an interest-rate benchmark that has influenced borrowing costs for consumers, businesses, and investors around the world since 1986.1–2 It’s been quoted in five currencies (British pound, Swiss franc, Euro, Japanese yen, and U.S. dollar) from the daily submissions of…

Pivots to Fight Inflation

Pivots to Fight Inflation

On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising inflation. The Committee accelerated the reduction of its bond-buying program in order to tighten the money supply and projected three increases in the benchmark federal funds rate in 2022,…

New Pro-Life Bank Opening Soon

New Pro-Life Bank Opening Soon

Prolife Bank (proposed) is near opening.  Its distinguishing feature is that it will be a bank that refuses to support anything remotely connected with the killing of innocent unborn babies. Who knew that many of the mainstream banks with which we do business actively support causes including abortion and abortion-related nonprofits whose activities and principles…

Vatican Finances: What is the transfer of institutional cash to the Vatican “central bank” all about?

Vatican Finances: What is the transfer of institutional cash to the Vatican “central bank” all about?

CMN—A recent provision by the Secretariat for the Economy made clear that the Administration for the Patrimony of the Apostolic See manages all the Holy See’s sovereign financial activity. In short, this means that it is back to old times as far as Vatican finances are concerned. All of the accounts owned by institutional entities…

Pope Francis issues new law in wake of Vatican financial scandals

Pope Francis issues new law in wake of Vatican financial scandals

The Pillar—Pope Francis has issued a new Vatican law that aims to combat corruption by senior officials in the curia and in the city state, and that bars investments in companies or businesses “contrary to the social doctrine of the Church.” The new law also aims to end customary cash gifts exchanged among Church officials…

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