CathInfo.com

Quote X: True, the conciliar church is not 100% distinct from the Catholic Church, but that they are two different churches with different institutions was, at least to Archbishop Lefebvre, Bishop Williamson, and the old SSPX, clear and indisputable.

Quote Hollingsworth:

Not “100% distinct.” (Only 5% distinct, according to Bp. Fellay.) Therein, perhaps, lies the problem and the resulting confusion in the minds of the faithful. While the Old Covenant was still in force, Jesus excoriated the then (modernist) Jews and Pharisees: “But in vain do they worship me, teaching for doctrines the commandments of men.” (Matt 15,9) They had essentially abandoned the tenets of the old Mosaic Covenant, and were replacing it with incipient тαℓмυdism and rabbinism, hatched, probably, during the Babylonian Captivity.

Maybe that’s what is going on today. A new religion, with new institutions, new ʝʊdɛօ/Masonic values, new morality and new acceptance of religious diversity. Yet in some ways New Church seems to preserve some identity with Old Church in the thinking of the Catholic masses.  You still have Catholic optics, but a gradual,(or not so gradual), deterioration, of Catholic truth.  All hat, no cattle, I guess.