The following is from the Blog: mikemcclaughry.wordpress.com
“In his book HOT MONEY AND THE POLITICS OF DEBT, author Naylor writes –
“In the postwar period, Sindona, a pioneer in the use of the Liechtenstein “anstalten” allegedly put his financial skills to work channeling CIA money to the [catholic] church and the Christian Democratic party, and laundering and reinvesting heroin profits for the Mafia.”
“It must have been extremelyprofitable because just two years later (1959) Sindona bought his first bank – the Banca Privata Italia – together with the Vatican IOR and it’s principal American bankers, Continental Illinois Bank and Trust Company (where Mormon David Matthew Kennedy chaired).
“Why is a Mormon working with catholic bankers? Now there’s a very good question, and this wasn’t just any old Mormon. Kennedy held a position with the First Presidency, the top governing body of the Mormon Church.
“[…] The other thing about David Kennedy, is that he would go on to be Treasury Secretary under President Nixon, where he would help to oversee (with his continuing back-channel partnership with Michael Sindona and the Vatican Bank) the changeover to allow gross importing of cocaine to drug America. This is also where Synanon, the church of Scientology and the Unification Church start lock-stepping away to help assist this changeover.
“David Kennedy is superb example of slavemaster morality – when he said this in 1970 (referring to staged drug busts):
“The two cases illustrate the effectiveness of the increasing international cooperation against narcotics smuggling…
“You can see just what big fat lying hypocrites they are.”
– The Vatican meets Nicaragua, Scientology, and the Unification Church: Get on your knees world! by Virginia McClaughry