Stephen: I do want to address your second objection to Catholicism and as I find it most interesting that with as much exposure you have had to the Anglican Church and the Catholic Church you would raise such an issue.
In Matthew 26:6 we read,
'A woman came up to him with an alabaster jar of very expensive ointment, and she poured it on his head as he sat at table. But when the disciples saw it, they were indignant, saying, "Why this waste? For the ointment might have been sold for a large sum and given to the poor." But Jesus, aware of this, said to them, "Why do you trouble the woman? For she has done a beautiful thing to me. For you always have the poor with you, but you will not always have me."
Likewise, many of the great cathedrals of Europe were built with donations and labor from the poor, who wanted to build such monuments to God’s goodness and sovereignty. The Vatican does not control enormous liquid wealth, and its annual operating budget has been compared to that of a large archdiocese such as that of Chicago. The vestments? Many inexpensive vestments are available for clergy and most often they are bought at their own expense. I remember wondering which were more costly, the 3 piece suits my Baptist pastor wore on Sundays or the vestments we often see in liturgical churches. As to the 'golden vessels', they are often brass with gold overlay and not nearly as expensive as you might think. If you compare the communion ware that most evangelical churches use you would be in for big surprise.
In spite of this, the Catholic Church is still one of the most giving institutions on earth, running and supporting countless charities, relief organizations, hospitals, and similar enterprises at great cost to the Church.
To me, the problem is a historical one more than a modern one.
I do accept that in modern context Protestant churches and RCC churches probably have about the same budgets. The thing is this is historically very different. The RCC was a fabulously wealthy institution for much of its history, given the cost of just colored fabric and gold overlay back in the day. This amazing wealth was spent on ostentatious projects for Jesus and the Church when Paul and the apostles made it their ambition to give richly to the poor. The Church after Jesus ascends to heaven is one that preaches the Gospel and is richly generous, even in poverty. I cannot imagine Paul dressing like a Roman Catholic priest back in Rome. He would find some far better use for such funds by dedicating it to missions or giving it to the poor.
That said, I agree with you that the RCC now sits on an empire that is roughly equally funded per-capita to Protestants globally and that it owns historical artifacts that should be preserved. That said, I find it odd that the RCC is not selling its massive numbers of relics across the world to museums. For instance, If the RCC were to loan out such artifacts each year for a steep price, there would be continuous income for the poor and increased interest in the RCC.