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 The new Vatican document cites Pope Benedict XVI's calls for putting ethical concerns over economic ones. Vatican calls for new global financial authority amid economic crisisBy Dan Gilgoff, CNN Belief Blog Co-Editor (CNN) – Against the backdrop of the European debt crisis and the birth of the Occupy Wall Street movement, the Vatican on Monday called for a new “global public authority” to help reform the world’s finance and economic systems. New ideologies are “reducing the common good to economic, financial and technical questions, (placing) the future of democratic institutions themselves at risk," said Roman Catholic Bishop Mario Toso at a Monday press conference. The document, called "Towards reforming the international financial and monetary systems in the context of a global public authority" quotes former Pope John Paul II in bemoaning the “idolatry of the market.” The document calls for a new global economic authority that could impose penalties on member states as “way of ensuring that they possess efficient markets,” Toso said. Some progressives embraced the Vatican’s call, arguing that it sounded many of the same themes as the Occupy Wall Street movement. Thomas Reese, an influential priest at Georgetown University’s Woodstock Theological Center, wrote in anticipation of the document’s release that it is “closer to views of the Occupy Wall Street movement than anyone in the U.S. Congress.” “Not only will it be to the left of Barack Obama,” Reese wrote before the document’s release, “it will be to the left of Nancy Pelosi.” Faith in Public Life, a progressive Washington-based group, applauded the document, calling it “a timely challenge to conservative political leaders eager to carve up the Dodd-Frank Wall Street reform law passed last year.” The document is “far to the left of almost any politician in the United States (short of Rep. Bernie Sanders) and should also give pause to Democrats whose fundraising coffers spill over with contributions from a financial sector that has been allowed to run amok over the past three decades,” Faith in Public Life said in a statement. Some conservatives pushed back on claims that the Vatican document aligns with the aims of Occupy Wall Street. “There has been much hyperventilation from some quarters over the release of this document,” Catholic League for Religious and Civil Rights President Bill Donohue said. “All of it is unwarranted.” “Those who are comparing this text to the demands of the ‘Occupy Wall Street’ crowd should first detail what exactly it is the urban campers want,” Donohue said in a statement. Pope Benedict XVI has been following issues related to finance and global economy “with particular concern,” Roman Catholic Cardinal Peter Kodwo Appiah Turkson said on Monday. The document was timed to help influence next week’s meeting of G20 nations, a group that comprises the countries with the world’s largest economies, Vatican officials said. It was released by the Pontifical Council for Justice and Peace. The document echoes Benedict’s earlier pronouncements on the global economy, including a 2009 encyclical, or papal letter. “Today's international economic scene, marked by grave deviations and failures, requires a profoundly new way of understanding business enterprise," Benedict said in the letter, called "Charity in Truth." "Financiers must rediscover the genuinely ethical foundation of their activity, so as not to abuse the sophisticated instruments which can serve to betray the interests of savers," Benedict wrote, calling for “an ethics which is people-centered.”
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The CNN Belief Blog covers the faith angles of the day's biggest stories, from breaking news to politics to entertainment, fostering a global conversation about the role of religion and belief in readers' lives. It's edited by CNN's Dan Gilgoff and Eric Marrapodi, with daily contributions from CNN's worldwide newsgathering team and frequent posts from religion scholar and author Stephen Prothero.  |
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Global Debt Crisis
The greatest private fraud of human history.
Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy "illness" threaten Democracy and the freedom of people?
http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
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By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...
Authored by PANAGIOTIS TRAIANOU
http://photoblog.msnbc.msn.com/_news/2011/10/25/8474218-northern-lights-go-way-way-south
Check out the angel.
HR 6550 – Rep. Dennis Kucinich has the plan. 111th Congress summer 2011.
To REALIST:: The creator is a Primary Cause and tthere is no need or reason for a Primary Cause to be created. This is primary philosopical logic.It has nothing to do with magic and may or may not be interpreted theologically. Obviously. you haven't taken philosophy 101 or you would not be "running off the rails with your rants" in the words of GUEST! Read Aristotle's theory of Primary Causes..
Crazy Evolution. Like we suddenly and randomly came about. How foolish. Rather God suddenly came to be. God did not need a creator as he just poof appeared in order to create the entire universe and than our little bitty planet with all its inhabitants, only to make us the most special of all.
put a cross with jesus' head missing on it in your front lawn, to scare kids.
And the pope will get his wish soon enough though I'm pretty sure he has know idea what he's asking for. He should read the Bible and quit playing god. A REAL Christian knows EXACTLY what I'm talking about.
The ax is at the root you brood of vipers.
Yes I understand perfectly,
Revelations 13:16-17
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 and that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
o Reiteration is great for the learning process. As is reading and rational thinking followed by conclusions based on all of it.
For the refrigerator doors at the Vatican, a PowerPoint slide:
SAVING 2 BILLION LOST CHRISTIANS:
THERE WERE NEVER ANY BODILY RESURRECTIONS AND THERE WILL NEVER BE ANY BODILY RESURRECTIONS I.E. NO EASTER, NO CHRISTIANITY AND NO PAPACY.
Antidote = anti/theist
Anti/theist as in anti\christ
If the Vatican, which includes the catholic Churches, wants to play politics, it is time to call for taxation of all catholic Churches.
Tax them anyway. They already have more grant writers than any other organization in the US. They thrive off our taxes. Yet they were also the main cause children needed help, the abuse crisis. What a filthy organization.
Realist ,,,,, you need to up your meds. You're really running off the rails with your rants. You get crazier and crazier everytime you post. Even when you were "Pete" you were nuts.
Sorry to see the truth bothers you, guest.
Did your god ever tell you how he never needed to be created? Why not? So the religious choose to go with magic, a god that always was. That is even sillier.