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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Mary Cluney who wrote (63384)5/4/2005 7:51:24 PM
From: Raymond Duray  Read Replies (1) of 74559
 
Hi Mary,

Re: In any case the worship and hoarding of property is not consistent with our Christian heritage.

I'm currently reading an interesting "revisionist" history by Dr. Michael Parenti called "History as Mystery" tinyurl.com

Parenti and I would disagree with you about the accumulation of wealth by Christian churches. In many eras, accumulating wealth and property, in fact, seemed to be the only purpose the Church was serving.

You might recall that one of the complaints of Martin Luther was that the Catholic Church was in the "indulgence racket", so to speak.

Furthermore, Thom Hartmann, tinyurl.com, one of the clearest thinking radio talkers in America today, mentioned on the air today that when Pat Robertson sold his "700 Club", he was paid $1 Billion in cash for the enterprise. Hartmann correctly points out that selling religion is one of the most successful commercial enterprises in America today, comparing favorably to the cash flow and profits of the military-industrial complex.

Churches always have been about accumulating wealth. The example of John Paul II notwithstanding. Now that he's gone, no one will trace the special beneficences he may have passed along to his family. And while he was alive, he controlled one of the greatest fortunes on the planet. Vows of poverty notwithstanding.
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