Vatican Announces the Resignation of the Pope

News reports on the major networks this morning have broken a story that Pope Benedict is resigning his position.  Right now there is just speculation on the reasons for the pontiff stepping down.  This is the first papal resignation in 600 years.

In a Vatican that has been consumed with scandal from the child sex abuse crisis (still ongoing) to mismanagement to bank fraud, the boss is calling it quits.  It could be age, health or a multitude of other reasons for his decision to choose this moment to step down.

Stay tuned!

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