Posted on 10/24/2011 8:17:15 AM PDT by edpc
The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. The document from the Vatican’s Justice and Peace department should please the “Occupy Wall Street” demonstrators and similar movements around the world who have protested against the economic downturn.
“Towards Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority,” was at times very specific, calling, for example, for taxation measures on financial transactions. “The economic and financial crisis which the world is going through calls everyone, individuals and peoples, to examine in depth the principles and the cultural and moral values at the basis of social coexistence,” it said.
(Excerpt) Read more at reuters.com ...
When you've had a run of being both simultaneously it's hard to rein in your ambitions, apparently. Just pining for the good old days.
So, the Vatican is calling for one of the things necessary to have the one world government seen in Revelation?
Gee, what a great idea...
Ha! That would make a great tag line.
Someone please tell Pope Benedict that Jesus reformed the tax collectors; he didn’t join them.
Maybe the Vatican’s “Peace and Justice Department” should take a moment and reflect on the idolatry of global dictatorship.
Having "taken a side" with the overbearing EU bureaucrats, the RCC will be unable to provide any neutral voice when turmoil engulfs Europe, Nationalism returns, and angry citizens are looking for someone/something to punish for their woes.
A very bad decision I think.
“All the socialists of the world unite!”
Really? If the Vatican is really putting forth this idea, that is rather scary.
That no man, rich or poor, free or bond, may buy or sell save he that has the mark...
Yes, of course. My bad. Thank you.
The Vatican needs to clean up it’s own mess of pedophiles, and Lesbian nuns, and leave financing the world to the politicians.
Read the story.
Drudge shows the Pope in formal robes at the top of his page, as if this was a papal proclamation.
No, it’s a document from the “Justice and Peace” department.
Unfortunately the Vatican still has a few nutballs in it, like any other government, and Justice and Peace is obviously one of their headquarters.
This does NOT have the Pope’s stamp of approval on it. Still less is it official Catholic doctrine.
Unfortunately the same leftist Catholic-bashers who constantly attack the Church are now suddenly pretending that they approve of it, and are holding this up as some sort of official statement on behalf of the Church.
It is not.
Second, Cardinal Turkson is not the 'Vatican'. He is the head of the Vatican’s justice and peace office. The justice and peace office is responsible for promoting the church’s social teachings on justice issues, such as war, the death penalty and human rights. This kind of statement or 'call' is what that department does, thinking it is peace. Not.
Look for a clarification from the Church, the Vatican, to put the Cardinal's 'call' into proper context.
This proposal is really not new. Benedict XVI proposed the same idea in his encyclical, Caritas in Veritate.
One can understand this idea as trying to answer the question, “Quis custodet custodes?” (”Who will supervise the supervisors?”).
If the past 15 years have seen widespread examples of selfishness and foolishness and short-sightedness by Wall Street, US Govt (see Freddy, Fannie, Sally, Barney, etc), European banks, etc., then what solution can be crafted both to improve the present situation and to avoid a recurrence?
Happy Anniverary, You SOB VATFATCAT hypocrites!!
Vatican Bank mired in laundering scandal
Updated 12/12/2010 4:01 PM
http://www.usatoday.com/news/world/2010-12-11-vatican-bank_N.htm
VATICAN CITY (AP) — This is no ordinary bank: The ATMs are in Latin. Priests use a private entrance. A life-size portrait of Pope Benedict XVI hangs on the wall.
Nevertheless, the Institute for Religious Works is a bank, and it is under harsh new scrutiny in a case involving money-laundering allegations that led police to seize $30 million in Vatican assets in September. Critics say the case shows that the “Vatican Bank” has never shed its penchant for secrecy and scandal.
Get behind me, Satan!!
So you mean that when Janet Napolitano says the southern border is the most secure it’s ever been, that is not the official policy of the 0bama regime?
Works the same way. When your official organ speaks, you speak. The average guy won’t see the difference and neither will I.
As always, the opinions of Vatican congregations on specific political / economic remedies to problems are ... opinions.
You’ve got to see this facilitating (i.e. cheerleading) the New World Order, a global arrangement very pleasing to Lucifer (he’s been waiting a long time). This could not have occurred prior to Vatican II.
I wish the Vatican had made some attempt to recognize that our present problems are largely, though not entirely, the result of an abandonment of the market rather than its idolatry. The high-flyers were not playing with their own money.
Essentially they were told they could speculate with funds implicitly or explicitly guaranteed by the government. They got to keep any gains, and the gov would cover them for any losses. If somebody gave you $1M on that basis and sent you off to Vegas, how free would you be with the betting?
That said, the Church has never been a fan of unfettered capitalism. For a very long time it prohibited interest and other processes essential to capitalism, forcing businessmen to develop work-arounds similar to those Muslims now use.
I would also like to point out that the free market is amoral, in roughly the same way science is. The free market is a proven way of efficiently allocating resources, just as the scientific method is a proven way of acquiring (certain types of) knowledge.
Neither, in and of itself, has any moral content whatsoever. That has to be brought in from outside the market or the scientific method either by the morality of the participants or imposed by authority.
It is interesting, also, that the free market cannot survive long without this externally imposed morality.
This is worse than mere ignorance. By calling for a new, anti-democratic, global banking authority, the Vatican Justice and Peace department is now working for the bankster elite.
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