The clerical sex scandal of six years ago counted over 13,000 victims  strung over a few decades. Its financial cost is well into the billions  of dollars.
It is not hard to imagine 13,000 people  per day, or even per hour, buying a porn film through their cable  television company or in their hotel room. In all, there could easily be  tens of millions of people induced to sin through the financial  assistance of many dioceses, archdioceses, and multiple Catholic  religious groups. Tens of millions of sins would presumably qualify as  "significant."
In the clerical sex scandal, what  disgusted people the most was not the individual sinner but the fact  that these sinners were returned, with the bishops' approval and after  consulting with professionals, to unsuspecting parishes where they often  sinned again and again. All of us are subject to our passions, but it  is the cooperation with and enabling of sin that produces the most  outrage. Owning porn-related companies is just another example of the  bishops' complicity in this regard.
There are  thousands of other companies that would make suitable investments. Only a  small percentage of public corporations are involved in porn sales. If  choice A is found wanting for any reason, simply go to choice B. For  religious groups, one would think that some level of prudence would  apply.
Pharmacies that sell morning after pills etc.  Merck, Glaxco Kline etc. Christian Brothers Investment Services Abortions.  Please check and see how this cooperation is a mortal sin.
Investing is not the only arena in which the  bishops have bumped up against the porn demon and lost. In a story  related to this writer by a senior staff member of the USCCB and  confirmed by Msgr. Frank Maniscalso, also of the USCCB, the bishops  tried to block porn filters for computers destined for Catholic school  libraries and classrooms.
Legislative proposals in 1998 would have mandated porn filters on all computers bought with federal funds or with tax revenue.
The bishops joined the ultra-liberal American Library Association in attempting to defeat the mandatory filters.  The bishops argued they would put in policies against porn access in  schools, and wanted filters to be optional. The bishops also thought  porn filters might cost too much. (Their actual cost is negligible.)
In  practice, filters prevent abuse from occurring. A policy is easily  broken and difficult to enforce -- e.g., consider the effectiveness of a  "No Talking" policy in most school libraries.
Eventually, the  legislation passed with mandatory filters, thus saving the bishops from  their own poor judgment.
The bishops and other  Catholic groups invest in porn-related companies when there is little  question about porn's redeeming value.
Speaking of  redemption, there is no attempt to avoid companies that may not be  pornographic in the classic sense but make light of human sexuality or  promote lifestyles inimical to traditional Christian belief.
For  example, mainstream television networks bring us situation comedies  laden with vulgarities and sexual innuendo. Shock-jock radio announcers,  like Howard Stern and Don Imus, belittle people and, according to a  recent study by The New York Times (May 6, 2007), specialize in  "sexually explicit banter, particularly descriptions of anal and oral  sex."
How these things promote the redemptive mission  of the crucified Son of God would be most difficult to understand. Yet  the companies that bring us these shows are clearly acceptable  investments for the bishops.
The Christian Brothers'  investments in this area include General Electric, which brought us the  aforementioned Don Imus (until he was fired for uttering a racial slur  on the air) and a host of questionable movies and television shows.
They  also own Clear Channel and Emmis Communications, which collectively own  over 1,000 radio stations. Some of the most offensive "humor" legally  allowed is served up by these stations every day. So much for CBIS's  "disciplined approach to socially responsible investing."
This  picture is brought into bold relief when one considers the great art  the Catholic Church inspired and helped fund over the centuries. But in  America today, the bishops finance culture-destroying "entertainment" of  the lowest order.
If there is a bright side for the  bishops, it is this: Unlike the clerical sex scandal, no one will sue  them because of their investments in porn-related companies.
Unfortunately,  it is also the reason that they are likely to do nothing. The fact that  millions of souls may be gravely compromised or lost for eternity is  not legally actionable -- in this world.
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"No  servant can serve two masters. He will either hate one and love the  other, or be devoted to one and despise the other. You cannot serve God  and mammon." 
The Pharisees, who loved money, heard all these things and sneered at Him..
And  He said to them, "You justify yourselves in the sight of others, but  God knows your hearts; for what is of human esteem is an abomination in  the sight of God."
 
 
 
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