You remember the story about the Vatican bank supposedly "cleaning up its against" and "tightening transparency" so this it could "participate fully" in the company of such models of banking probity as JP Morgan(which closed the Vatican's accounts?). You remember how tours were given of the Vatican bank in its new effort to be "transparent" and not do nasty things like launder money for terrorists (or, turning back the clock a bit, Croatian Ustashi, Belgian Rexists, Italian Fascists, or German Nazis)?

Well, as they say, "ye olde plotte just thickened." Consider the following article by Andreas Wassermann and Peter Wensierski from Germany's Der Spiegel:

Transparency vs. Money Laundering Catholic Church Fears Growing Vatican Bank Scandal

Now, as the article notes, Tedeschi(incidentally, he's the thing that makes me go "hmmm..." here) was confronted by the Carabinieri, who presented him with a search warrant, and proceeded to search his "Spartan" quarters, where, lo and behold, they found a dossier containing account numbers related to the Vatican bank, and, surprise surprise, it appeared that the Vatican was involved in some money laundering(I'll pause here and allow everyone to gather their soutaines up in horrified shock):

"The documents confiscated from Gotti Tadeschi, a former confidant of the pope, provided Italian law-enforcement officials insight into the innermost workings of the Vatican bank. The secret dossier includes references to anonymous numbered accounts and questionable transactions as well as written and electronic communications reportedly showing how Church banking officials circumvented European regulations aimed at combating money-laundering."

Now of course, for those who remember, this should recall the names of Michele Sindona, Banco Ambrosiano, Roberto Calvi, Loge Propaganda Due, and the Vatican Bank scandal of the 1980s. For those with even longer memories, the name of Nogara, and should conjure images of Malachi Martin's "bargain" from his novel, Vatican. Or, as Der Spiegel summarizes it:

"The Vatican leadership is alarmed. Archbishops and cardinals are far from thrilled that Italian officials are now rummaging around in their secret affairs. Papal spokesman Federico Lombardi has openly threatened Italy's law-enforcement apparatus and urged it to kindly respect "the sovereign rights of the Holy See." In other words, he believes that all those documents including confidential details about the Vatican bank that were seized during the search of Gotti Tedeschi's home should not be in the hands of Italian investigators.

"The fears of the pope and the Curia are well-founded. In the past, every time Italian prosecutors have stepped in and confidential documents have found their way to light, the secretive ways of the Vatican bank have always ended up damaging the Church's prestige. For more than 40 years, the IOR, founded in 1942, has been regularly embroiled in scandals, including bribery money for political parties, mafia money-laundering and, repeatedly, anonymous accounts.

"Many who have become ensnarled in illegal business dealings with the Vatican bank have been forced to pay with their lives, while others have spent years behind bars. Despite all of its sacred and solemn promises, the Vatican has succeeded in keeping the pope's bank a haven for money-launderers. And instead of being on some Caribbean island, this one is right in the middle of Europe, in the heart of Rome.

"Its business model depends on keeping things as shrouded as possible from all financial authorities. Capital gains are untaxed, financial statements are not disclosed and anonymity is guaranteed. The bank's exotic status of belonging to a religious monarchy in a sovereign state the size of a city park has shielded it from investigations and unpleasant external monitoring."

In other words, the Vatican bank is just the perfect, tailor-made sort of institution to be a bridge between public, and hidden, finance, indeed, functions as a kind of portal between world of legitimate banking represented by such storehouses of probity as JP Morgan-Chase, and a more murky world of hidden finance and covert activity. To phrase the point this way is to point to what I speculate is one of its hidden roles, namely, it is a key component both in that hidden system of finance that I believe the bearer-bonds scandals represent, but also a key component in what that hidden system of finance itself may represent, namely, the mechanisms of what Mr. Richard Dolan has called the "breakaway civilization." Of course, this is neither the time nor the place to argue such a case, but I think it is important to connect two very important dots here: (1) the bearer bonds scandals broke in Italy with the infamous Japanese bearer bond scandal, and (2) the Vatican has quietly been following, and making pronouncements upon, the whole UFO-extraterrestrial issue.Indeed, according to some commentators in the UFOlogy community, the Vatican has been selected to be the official spokesman for "disclosure"(if the Papacy says it, it must be true... uhm....where have we heard that before?) Is there a connection between the bearer-bonds scandals and the Vatican, beyond that of Asia News, which first stated that the "counterfeits" appeared to be so well executed it was difficult to tell them from the original?

Pause and consider that statement, coming from a news service with Vatican connections, for that is as much as the Vatican saying "these may be counterfeits, but they are counterfeits of something real. We know...because we've dealt with such instruments before." Asia news was, in other words, sending a message, and the way it looks to me is, that the major European banks, by demanding "transparency" and JP Morgan-Chase's closure of Vatican accounts, may have responded in kind. In short, we're looking at one more little bit of data that suggests some very major factional infighting going on among the NWO oligarchs.

The pattern, in other words, is a very ancient one, namely, that of associating criminal, or at least dubious financial and political activity directly with the "temple," with religion, to cloak those activities with the air of probity, but also to align those activities with something that is more or less an international phenomenon(religion). In the case of the Roman Catholic Church, the alignment is predictable, if not lamentable, for given its centralization, its extent, it is a ready source of accurate humint, or human intelligence, invaluable to those engaged in international financial dealings on a daily, and substantial, basis.

And Tedeschi himself? Well, here, I admit, I am a bit creeped out, that is the only way to put it, for the surname comes, in fact, from a region in the city of Venice called the Fondaco dei Tedeschi, where Venice required all German merchants resident and trading in the city, to reside. And this, as readers of my members' area know, is not the only strangely Venetian symbolism in the whole affair.

See you on the flip side.


Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

Help the Community Grow

Please understand a donation is a gift and does not confer membership or license to audiobooks. To become a paid member, visit member registration.

Upcoming Events