I'm not sure about the nitty-gritty at all, but generally speaking the sad fact is that the cabal (the rhodesians or whatever) have taken definitive control of the Vatican, just as they were about to do with America and are well on their way to with Europe.
I have never bought that theory, but that just means we have before us two different versions of history, perfect for digging.
In my mind the reformation marked a departure of the Vatican with the Anglo world, in the deep sense that the British embraced usury, which used to be a red line for the church. My society is catholic so my bias may blind be, but the church in my understanding has been, until recently, a strong moral force despite constant efforts of subversion, which reached a peak in the post-WW2 world. Pope Francis marks the point when the church was finally beaten into subversion. For example, I won't deny that there must be quite some number of perverted pedo catholic priests, but ask yourself why that has been memed so hard by mainstream culture; are catholic priests the main category of pedos worldwide?
The "the Vatican and Jesuits have always been the rulers and they love to hide behind the jew" meme has always reaked to me of psyop by clowns.