Some people are just wrong

I read the article L.I. Principal Cancels 'Bacchanalian' Prom, not quite knowing what to expect. In short summary, the prom pre and after parties were getting out of hand and the principal cancelled the school prom. Then I come across this juicy quote

"It is not primarily the sex/booze/drugs that surround this event, as problematic as they might be; it is rather the flaunting of affluence, assuming exaggerated expenses, a pursuit of vanity for vanity's sake — in a word, financial decadence," Brother Hoagland said, fed up with what he calls the "bacchanalian aspects" of the prom.

This, mind you, is a Catholic school. So, the principal finds spending money on the sex/booze/drugs more objectionable than the sex, booze and drugs? He's the principal of the school and he's primarily concerned about the price of the decadence!?