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Oklahoma Town Faces 75% Property Tax Hike To Cover Sexual Abuse Settlement
(www.newsweek.com)
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this post was submitted on 30 Sep 2025
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Sounds like they were under-insured. The Catholic Church got away with it by having their insurance pay everything, and then declaring bankruptcy whenever someone went against the Church's actual assets.
Which is such bullshit because I remember reading in the early 2000s that the Catholic Church had over $4 trillion in assets, they could afford to settle all of their claims for a fraction of that, a very small fraction of that, less than 1% of that.
You don't get $4T in assets by giving it away to every altar boy who tattles...