This is fascinating. At the start of WWII, the
Vatican transferred much of its assets out of Nazi-held countries into the U.S. a new study reveals.
The documents show that at the beginning of World War
II, the Vatican lost no time in transferring its bonds and gold
reserves from areas that were faced with the threat of Nazi occupation
to the United States. The U.S. became the financial base from where the
universal Church was sustained and administered, with another ten
million dollars being invested in the American economy.
But that's not all:
As Nogara’s Washington contacts
confirm, as of 1939, the Vatican invested enormous sums of money in US
Treasury Bills, in important manufacturing and technological companies,
in companies such as Rolls Royce, the United Steel Corporation, Dow
Chemical, Westinghouse Electric, Union Carbide and General Electric.
Patricia McGoldrick even speaks of a flow of money from the Vatican,
being used to fund the U.S. war industry which helped in defeating the
Nazis.
That Pius XII was personally responsible for the rescue of more than 860,000 Jews is now a matter of record -- and now it turns out the Vatican was helping the war effort directly. So can we stop with the crap about Hitler's Pope already?
