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View Diary: Los Angeles archdiocese 'quietly appropriated $115 million' from dead people (141 comments)

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  •  It's actually not that bad. This money is for (4+ / 0-)

    maintenance of cemeteries after they fill up. Current maintenance is paid by the fees for new burials. So it will not be needed for years. If (and I admit it's a big if) they repay the money to this fund over time, it's not a big deal. It's like borrowing from the retirement fund. Of course, it's by no means clear if they will actually repay the money into the fund.

    •  Not really. . . . (1+ / 0-)
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      It is like a corporation raiding the pension fund, because the money "isn't needed right now"

      These cemetery laws(though there is a church loophole) are put in place to ensure that cemetery is preserved and maintained.  Without that money the Cemetery could fall into disrepair.

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