Skip to comments.Vatican Calls for 'Central World Bank' to Be Set Up
Posted on 10/24/2011 9:35:53 AM PDT by SeekAndFind
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of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.
A major document from the Vatican's Justice and Peace department should be music to the ears of the "Occupy Wall Street" demonstrators and similar movements around the world who have protested against the economic downturn.
The 18-page document, "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.
It condemned what it called "the idolatry of the market" as well as a "neo-liberal thinking" that it said looked exclusively at technical solutions to economic problems.
"In fact, the crisis has revealed behaviors like selfishness, collective greed and hoarding of goods on a great scale," it said, adding that world economics needed an "ethic of solidarity" among rich and poor nations.
"If no solutions are found to the various forms of injustice, the negative effects that will follow on the social, political and economic level will be destined to create a climate of growing hostility and even violence, and ultimately undermine the very foundations of democratic institutions, even the ones considered most solid," it said.
It called for the establishment of "a supranational authority" with worldwide scope and "universal jurisdiction" to guide economic policies and decisions.
(Excerpt) Read more at cnbc.com ...
“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of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. “
Catholics! What is the deal with your church.
You seem intent on building the Antichrist’s playhouse for him!
Tell “The Vatican” to STFU and mind it’s own business.
Mark of the Beast, law of the land...pretty cool. </s>
Who didn’t see this coming?.............
I call for everyone in the world to give me all their money for safekeeping. They won’t have to have all that “dirty money” then. I’ll be doing them a service. /sarc
(That makes about as much sense).
Enough with the new world order, it’s getting nauseating.
The fig tree is budding..........
One question -— has this been approved by Pope Benedict?
What a great idea.
One word to the Vatican: NO!
What a great idea.
RE: I call for everyone in the world to give me all their money for safekeeping
And where do you plan to store all that paper? :)
Easy to say when you don't believe that the Word of God (Bible) is definitive, rather whatever comes out of the Papacy becomes "The Word".
Individual Catholics can be fine, the Catholic leadership in the Vatican on the other hand are awful, mostly leftist, one-world types who operate entirely out of emotion rather than logic. Sounds like the Catholic church is now throwing in with the occupypublicparks crowd.
Since this is NOT teaching on faith or morals this is subject to error.
Gee, they might want to read the prophecy parts of the Bible and figure out how wonderful this idea really is....NOT!
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