THE CHURCH OF THE POOR?
This is something that only few of us know: the Philippine Roman Catholic Church is a multi-billionaire religious and business organization. Yes, the Church is mega-rich.
We have always known that the Church, to which at least 80 per cent of Filipinos belong, is rich. Its properties like cathedrals and other big churches, expensive private Catholic colleges and universities all over the country, private hospitals, big buildings and huge tracts of land for their seminaries, etc. are there for people to see. We have always thought this as a given, normal. After all, the Church has been here longer than any of us.
No one really cared to approximate how rich the bishops really are and what the church can do if it really wanted to help poor Catholics.
We know that Catholic schools are the most expensive that only children of the rich can attend. And, yes, Catholic schools are among the best in the country. In effect, children belonging to rich families generally receive better quality education than those of poor Catholic families.
We also know that Catholic hospitals are good. Though they are not the most expensive, still, these are private hospitals that ordinary Catholics can hardly afford. Thus, these hospitals care more for those who are better off than the millions mired in poverty.
Quality education and healthcare are two of the most urgent needs of the people, and we are, as the Church claims, mostly Catholic. Yet, we never question why the Church mostly serves those who are, in the first place, able to fend for themselves.
On top of these properties and service-oriented institutions that earn by themselves are the business holdings of the various Catholic organizations in the country's biggest business corporations. This, I think, is something that people do not know about. After all, churches are not expected to be business corporations at the same time.
Very recently, news organizations have bannered Catholic Church holdings in at least two big corporations —Philex Mining Corporation and the Bank of the Philippine Islands.
Chamber of Mines head Jerry Brimo said that as of March 31, Catholic entities owned a substantial number of shares in Philex. The Archbishop of Manila owned 3,221,135 shares; the Religious of the Virgin Mary-B with a total of 4,216,804 shares; and the Archbishop in Zamboanga owned 1,116,147 shares.
According to the Philippine Stock Exchange, as of 27 May 2011, each Philex share is valued at P20.45. This means that the Catholic Church's holdings in the company are valued at P65,872,210.75; P86,233,641.80; and P22,825,206.15 respectively, or a total of P174,931,058.70.
In BPI's list of its top 100 stockholders as of 31 March 2011, at least eleven were obviously Catholic entities. The worth of these stocks amounts to many billions of pesos (computed at P57.05 per share according to the 27 May PSE Market Information). These were (according to ranking and number of stocks owned):
• 4 Roman Catholic Archbishop of Manila with 222,843,681 shares worth P12,713,232,001;
• 8 Roman Catholic Archbishop of Manila (Real Casa de Misericordia) with 41,408,841 shares worth P2,362,374,379;
• 13 Roman Catholic Archbishop of Manila (Hospital de San Juan de Dios) with 22,072,182 shares worth P1,259,217,983;
• 15 Roman Catholic Archbishop of Manila (Hospicio de San Jose) with 6,016,624 shares worth P343,248,399;
• 17 Roman Catholic Archbishop of Manila (Hosp de San Juan de Dios) with 4,285,572 shares worth P244,491,882;
• 21 Roman Catholic Archbishop of Manila (Mayordomia dela Catedral) with 2,664,266 shares worth P151,996,375;
• 26 Roman Catholic Archbishop of Manila (St. Paul's Hospital) with 1,772,418 shares worth P101,116,447;
• 49 Carmel of the Divine Infant Jesus of Prague, Inc (Filipino) with 726,819 shares worth P41,465,024;
• 60 Superior dela Corporacion Filipina de Padres Agustinos Recoletos, Inc. with 551,382 shares worth P31,456,343;
• 64 Roman Catholic Archbishop of Jaro with 491,385 shares worth P28,033,514; and
• 74 Corporacion de Padres Dominicos with 380,307 shares worth P21,696,514.
The staggering amount of RCC money in BPI alone totals P17.3 billion pesos. Add its Philex holdings and the total is 17.5 BILLION PESOS. This huge amount in only two corporations! It will not be surprising if the Catholic Church has a lot more money in other big corporations.
With this alone, the Roman Catholic Church already becomes the 9th richest in the country dislodging Emilio Yap, Manila Hotel and Manila Bulletin owner and Oscar Lopez of Benpres Holdings Corporation.
Revelation 17: 1: And there came one of the seven angels which had the seven vials, and talked with me, saying unto me, Come hither; I will shew unto thee the judgment of the great whore that sitteth upon many waters:
2: With whom the kings of the earth have committed fornication, and the inhabitants of the earth have been made drunk with the wine of her fornication.
3: So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
4: And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication:
5: And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH.
THE DEATH OF THE GREAT WHORE
The Bible tells us that Babylon the Great will one day be demolished and, like its earthly counterpart centuries ago, will never rise to power again.
Rev. 18: 19: And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
20: Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.
21: And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great
city Babylon be thrown down, and shall be found no more at all. 22: And the voice of harpers, and musicians, and of pipers, and trumpeters, shall be heard no more at all in thee; and no craftsman, of whatsoever craft he be, shall be found any more in thee; and the sound of a millstone shall be heard no more at all in thee;
23: And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee: for thy merchants were the great men of the earth; for by thy sorceries were all nations deceived.
24: And in her was found the blood of prophets, and of saints, and of ALL that were slain upon the earth.
(read more about the whore of REVELATION here -> atschool.eduweb.co.uk/sbs777/prophecy/whore.html
Note: This is an upgraded version taken from youtube. click the link to watch the other version - youtube.com/watch?v=1LnsiW9rXlw
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