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Pope Francis Is Wrong: Free Market Is Not A Tyrant
Investors Business Daily (Investors.com) ^ | 11-26-13 | IBD Editorial Staff

Posted on 11/27/2013 5:59:31 PM PST by C. Edmund Wright

Economics: It seems the official position of Pope Francis is that the free market is a wicked enemy that must be restrained. With all due respect, he's mistaken. The free market has been a heavenly blessing. Two days before our American Thanksgiving, the Argentinian pontiff, in his first apostolic exhortation, called the free market a "new tyranny." "Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world," he wrote in the Vatican report. Claims of free-market success, he said, have "never been confirmed by the facts." He went on to condemn "a financial system which rules rather than serves." Actually, no economic system has brought more prosperity to more people than free-market capitalism. Neither socialism nor communism has increased prosperity, and are themselves ruled by tyrants.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: catholic; pope; popefrancis
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Absurd. Pass the popcorn - this might be fun….
1 posted on 11/27/2013 5:59:31 PM PST by C. Edmund Wright
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To: C. Edmund Wright
Hey Pope,

Where did all that gold in the Vatican come from? Was it donations from those who earned it and contributed faithfully, or did you just take it?

2 posted on 11/27/2013 6:01:32 PM PST by Baynative (Wake me up early, be good to my dogs and teach my children to pray.)
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To: C. Edmund Wright

socialism is what creates poverty


3 posted on 11/27/2013 6:03:04 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: C. Edmund Wright

I’ve had a sinking suspicion we’d get a Liberation Theologist (to wit, socialist) Pope if he came from SA.


4 posted on 11/27/2013 6:04:24 PM PST by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: C. Edmund Wright

The Church longs for the days of Innocent III and feudalism.


5 posted on 11/27/2013 6:05:45 PM PST by MUDDOG
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To: C. Edmund Wright

6 posted on 11/27/2013 6:06:14 PM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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To: C. Edmund Wright
Francis is "Peter the Roman" !

7 posted on 11/27/2013 6:06:15 PM PST by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your teaching is my delight.)
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To: C. Edmund Wright

The man only has one lung. I hoped that would limit his ability to say stupid stuff. Apparently not, unfortunately.


8 posted on 11/27/2013 6:08:10 PM PST by Wyrd bið ful aræd (Gone Galt, 11/07/12----No king but Christ! Don't tread on me!)
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To: C. Edmund Wright

CEW - I read this the other day and Rush talked at length about it today...either the Pope is nothing but a 6-figure university professor parallel who is stuck in a bubble of make believe or he really is a hard core Marxist who thinks all should have equal share of the pie no matter their workload, input or otherwise...or, do you think the Pope’s speech was purposely mistranslated by Marxists?


9 posted on 11/27/2013 6:09:23 PM PST by CincyRichieRich (“Life is hard, but it’s harder when you’re stupid.” John Wayne)
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To: C. Edmund Wright

My niece is a Catholic. She believes Francis is evil.

I am not a Catholic, but my feeling is that this guy talks too much. So much that what he says has no meaning or importance. He should not be into politics. Just matters of faith.

Bring back the other real pope.


10 posted on 11/27/2013 6:10:42 PM PST by dforest
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To: CincyRichieRich
or, do you think the Pope’s speech was purposely mistranslated by Marxists?

Wouldn't be the first time.

11 posted on 11/27/2013 6:11:27 PM PST by FreeReign
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To: CincyRichieRich

If so, then a bunch of other stuff he has said was mistranslated as well. It becomes less and less believable that nearly EVERYTHING this clown says is mistranslated — especially considering how seldom Benedict was subject to this kind of “mistranslation” by comparison.


12 posted on 11/27/2013 6:11:50 PM PST by Wyrd bið ful aræd (Gone Galt, 11/07/12----No king but Christ! Don't tread on me!)
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To: the OlLine Rebel

Actually, I don’t know what Pope Francis actually said, but I suspect they got this from Rush, who seems to have gotten it from an MSM report. I’d like to see what the document actually says—and not out of context.

FWIW, when he was a bishop in South America, Pope Francis was famous for OPPOSING Liberation Theology and socialist politicians. That doesn’t mean he’s a total capitalist, but on the record he is not a Liberation Theologist.

Perhaps we’d better wait for a better look at what he said. He has been misrepresented about a hundred times by the press since taking office.


13 posted on 11/27/2013 6:12:00 PM PST by Cicero (Marcus Tullius)
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To: C. Edmund Wright

Oy vey. They’ll be more correct on economics than he. Plus I’ve skimmed the document and scrunched over para s 52. - 56.

Awful


14 posted on 11/27/2013 6:12:13 PM PST by stanne
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To: hosepipe
Could you please stop posting pictures of this buffoon?
15 posted on 11/27/2013 6:15:45 PM PST by Fungi
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To: C. Edmund Wright

I’ve just about had it with Pope Frankie.

Hot cocoa, anyone?


16 posted on 11/27/2013 6:18:24 PM PST by miserare (Sebelius is Obama's Mengele.)
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To: C. Edmund Wright

This Pope should be introduced to Ayn Rand’s brilliant thinking. A little dose of “Atlas Shrugged” would be good for him.


17 posted on 11/27/2013 6:23:01 PM PST by OldNavyVet ("Learn from science that you must doubt the experts" ... Richard Feynman)
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To: Baynative

No kingdom has shed more blood than the kingdom of Christ. - Montesquieu


18 posted on 11/27/2013 6:23:07 PM PST by oblomov
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To: CincyRichieRich

“do you think the Pope’s speech was purposely mistranslated by Marxists?”

Hmmm...translation done by the Vatican. That makes it kind of hard to blame anyone but the Vatican.


19 posted on 11/27/2013 6:26:28 PM PST by Mr Rogers (Liberals are like locusts...)
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To: the OlLine Rebel

I’d like to know what Bergoglio was up to during Argentina’s “Dirty War.”


20 posted on 11/27/2013 6:26:37 PM PST by .45 Long Colt
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