The Vatican embraces Reganomics.

The Catholic Church’s answer to Tony Abbott, George Pell, is to head the Vatican finance Ministry in Vatican City. Both Abbott and Pell were both disciples of B A Santamaria and Santamaria’s radical fundamentalist Catholicism and way-out economic policies make Attila the Hun look like a green senator. It seems we can expect the Vatican to explain that it has to screw poor so that it can balance its books. But then again mainstream Christianity of all persuasions has been doing that for centuries.

The other thing that we can expect is for Abbott to be summoned to Rome to receive a Catholic Knighthood. Murdoch has already received his for building a church, so with Pell in his new position how can Abbott fail? There is nothing like an old pals network to get where you want to go. Santamaria, Abbott, Pell, Murdoch and the Catholic Church is the stuff nightmares are made of.

Raganomics is the art of making the rich richer in the vain hope that the rich will spend some money that will filter down to the poor at the bottom of the heap. Mainstream churches have practiced this for centuries without it being formalized with a name, but precious little filters down to the poor. Nor will it ever. There could not be a starker example of the failure of Raganomics than the Catholic Church. It has accumulated vast wealth without doing any perceivable good works to alleviate poverty and suffering in this world. Pell has gone where he needs to be and I am certain that there will be a regular comparing of notes with Abbott and Murdoch and regular channelling of B A Santamaria.