Ior Quotes

I think she broke, but not in the way I--or any of us--expected. She didn't go crazy. She became more focused. More strategic.

Those of you who have listened to me before will understand that I—or rather that the League of Forgotten Men—has no quarrel with individual Jews; that we are proud to have Rabbis among our directors; but those subversive international organizations which, unfortunately, are so largely Jewish, must be driven with whips and scorpions from off the face of the earth.

Pray fIor my soul, more things are wrought bX prayer than this world dreams of -- Tennyson

Back then I didn't know that I­­or anyone­­could make a life out of boyfriends and literature. As far as I could see, life demanded skills I didn't have. The result was chronic emptiness and boredom. There were more pernicious results as well: self­loathing, alternating with "inappropriately intense anger with frequent displays of temper...

No one has ever stood atop the heavens before. Not you…or I…or even the gods. But the unbearable vacancy of heaven’s throne ends now. From now on…I will stand at the top.

I needed time to get used to my new self. What kind of a being was this self of mine? How did it function? What did it feel—and how? I had to grasp each of these things through experience, to memorize and stockpile them. Do you see what I am saying? Virtually everything inside me had spilled out and been lost. At the same time that I was entirely new, I was almost entirely empty. I had to fill in that blank, little by little. One by one, with my own hands, I had to make this thing I called ‘I’—or, rather, make the things that constituted me.

It took the OSS nearly two years after the IOR’s formation before it stumbled across intelligence that Hitler’s Reichsbank was transferring money to the Vatican and disguising its origin by using a Swiss bank as an intermediary.62

Castillo Lara believed it might not be possible to demolish the parallel IOR without making the Vatican Bank crash in on itself. At every turn, he adeptly blocked Caloia’s efforts to make the bank more transparent.66 Some reformers meanwhile suspected that the cardinal was more than just an obstacle to reform. They thought the powerful APSA boss was the source of press leaks that made it appear that it was Caloia’s team that had failed to rein in the bank’s questionable activities.67

Late that autumn a Venezuelan attorney, Alberto Jaime Berti, cooperated with Italian magistrates in return for immunity from prosecution on charges that the IOR was at the center of laundering several hundred million dollars through Swiss and Panamanian banks on behalf of a handful of senior Opus Dei officials.72 The Italian media reported that Berti fingered De Bonis as his Vatican Bank connection and produced dozens of documents with the monsignor’s signature. Prosecutors believed that De Bonis had the key to a safe deposit box at Geneva’s Banque de Paris et des Pays-Bas. It was in that box, said Berti, that a cache of documents laid out exactly how the IOR laundered the money. De Bonis, cloaked by immunity in his Knights of Malta position, denied even knowing Berti.73 The prosecutors, unable to move against him, had to stand down.

Now that all of our children were out of the house, she was looking forward to creating a new, more fulfilling life. So was I—or so I thought. I explored other interests, including giving speeches on leadership.

An important event occurred at that time. The Fed began paying interest to banks on their required reserves. All of the cash that banks were required to leave at the Fed could earn interest. The new rate was called Interest On Reserves (IOR) and the change made a lot of sense. Had it ended there, this would be a much different chapter. However, the Fed went one step further and offered to pay interest on any excess reserves that banks deposited at the Fed. That became known as the Interest On Excess Reserves (IOER) and it was effectively the final nail in the coffin of the fed funds market. For banks with excess cash, depositing at the Fed was a no-brainer. Why give your cash to another bank when you can give it to the risk-free Federal Reserve? And, on top of that, the Fed paid higher than market rates. A layup. So, it’s no surprise that cash began to move out of the fed funds market. Pre-Financial Crisis, in 2007, the size of the funds market was around $200 billion, and it peaked at $400 billion in 2009 during the crisis. Since then, it’s declined just about every year since.

Luciani tuvo conocimiento de tales vinculaciones en 1972, cuando todavía ejercía como patriarca de Venecia. El futuro papa había investigado las circunstancias que rodearon a la compra de la Banca Cattolica del Veneto por parte del IOR (Instituto para las Obras de Religión, también conocido como Banco Vaticano) y a los oscuros personajes que estuvieron detrás de ella.

este momento hizo su aparición otro importante personaje en este peligroso juego: monseñor Paul Marcinkus. En 1963, Marcinkus era el guardaespaldas e intérprete favorito de Pablo VI, y más tarde, tras salvarle la vida, se convirtió en su hombre de confianza. El obispo Marcinkus pasó entonces a dirigir el Instituto para las Obras de Religión (IOR). Siguiendo los consejos de Sindona, Marcinkus comenzó a invertir el dinero de la Iglesia. Mientras, Sindona

Solo Marcinkus se salvó de aquella extraña «maldición», ya que escapó de la acción de la justicia y también de morir en circunstancias similares a los anteriores. Incluso tuvo la suerte de continuar en el IOR gracias a Juan Pablo II, puesto que ocupó hasta 1989. El papa Wojtyla siempre lo protegió, pues ni la judicatura de Milán ni el fiscal del Estado italiano —que había dictado una orden de captura contra él y otros destacados miembros

It is not as if I—or the church as a whole—was hard-hearted and didn’t care about the plight of orphans. I simply did not know the enormity of the problems. No one had seriously engaged the issue of orphan care in any of the churches or schools I attended. But in this case, ignorance is not bliss. Millions of kids around the world are hurting in ways we cannot imagine, and we are called to respond with compassionate care.