24 Oct 2011

Pontifical Council Calls for “central world bank”!?

UPDATE: HT to Lisa, who directed me to paragraph 67 of Caritas in Veritate, which reads in part:

“In the face of the unrelenting growth of global interdependence, there is a strongly felt need, even in the midst of a global recession, for a reform of the United Nations Organization, and likewise of economic institutions and international finance, so that the concept of the family of nations can acquire real teeth. … for all this, there is urgent need of a true world political authority, as my predecessor Blessed John XXIII indicated some years ago.  …They also require the construction of a social order that at last conforms to the moral order, to the interconnection between moral and social spheres, and to the link between politics and the economic and civil spheres, as envisaged by the Charter of the United Nations.” (Italics in original.)

+++

Many are uncomfortable as it sounds very much like some members of the Roman Curia are calling for a “new world order”. What do you think? The actual document itself is here.

Here’s the exact quote from the document from the Pontifical Council that stirred up the MSM:

“In fact, one can see an emerging requirement for a body that will carry out the functions of a kind of “central world bank” that regulates the flow and system of monetary exchanges similar to the national central banks.”

 Will the “Occupy Wall Street” crowd now adapt this as their manifesto?

Cardinal Peter Turkson, head of the Vatican’s Justice and Peace department

Asked at a news conference if the document could become a precept for the movement of the “indignant ones”, who have criticized global economic policies, Cardinal Peter Turkson, head of the Vatican’s Justice and Peace department, said:

“The people on Wall Street need to sit down and go through a process of discernment and see whether their role managing the finances of the world is actually serving the interests of humanity and the common good. “We are calling for all these bodies and organisations to sit down and do a little bit of re-thinking.”

Story here, and another one is here. Bits below.

The Vatican called on Monday for sweeping reforms of the world economy and the creation of a ethical, global authority to regulate financial markets as demonstrations against corporate greed continued to spring up in major cities across the globe.

An 18-page document from the Vatican’s Justice and Peace department said the financial downturn had revealed behaviours like “selfishness, collective greed and hoarding of goods on a great scale,” adding that world economics needed an “ethic of solidarity” among rich and poor nations.

Urging Wall Street powerbrokers to examine the impact of their decisions on humanity, the Vatican called on those who wanted to change economic structures to “not be afraid to propose new ideas, even if they might destabilise pre-existing balances of power that prevail over the weakest.”

Print Friendly

5 responses to “Pontifical Council Calls for “central world bank”!?”

  1. avatar

    Turkson claims that there are “multiple causes” for the financial crisis. He then gives three: economic errors, structural weaknesses, and ethical breakdowns. Nowhere does he even hint that this crisis was brought about by usury practised on a massive scale by private Rothschild banks like the Federal Reserve and the Bank of England. Why? Because he is their agent. Hence his proposal to create a World Bank under their control. This has always been their goal. They instituted the crisis deliberately to facilitate it.
    Don’t fall the Rothschild-controlled counter-church that clandestinely took over the institutions of the Catholic Church in 1958. The true Catholic Church will NEVER serve the antichrist agenda of the Jewish Illuminati.

  2. avatar

    The liberal nit wits are using this paper as a rallying cry for international socialism. The very thing they ignore is the moral dimension to what this statement says, with the pertinent excerpts below:

    —–

    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.

    The Pontiff asserted that the defence of life and the promotion of people’s cultural and moral development are the essential conditions for the promotion of authentic development. On these grounds, Paul VI said that full and global development is “the new name of peace”.

    In his social encyclical, Benedict XVI precisely identified the roots of a crisis that is not only economic and financial but above all moral in nature. In fact, as the Pontiff notes, to function correctly the economy needs ethics; and not just of any kind but one that is people-centred.

    The lack of a convinced consensus, nourished by an unceasing moral communion on the part of the world community, would also reduce the effectiveness of such an Authority.

    Under the current uncertainties, in a society capable of mobilizing immense means but whose cultural and moral reflection is still inadequate with regard to their use in achieving the appropriate ends, we are invited to not give in and to build above all a meaningful future for the generations to come.

    —–

    As 2nd Chronicles 7:14 states, “And My people who are called by My name humble themselves and pray and seek My face and turn from their wicked ways, then I will hear from heaven, will forgive their sin and will heal their land.”

  3. avatar

    Below are some further thoughts on the moral dimensions to what this paper states.

    “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.”

    In other words, principle, culture and morality are the foundation of social coexistence. If these are NOT fundamentally Christian, then civilization world-wide will and must fail.

    “The Pontiff asserted that the defence of life and the promotion of people’s cultural and moral development are the essential conditions for the promotion of authentic development. On these grounds, Paul VI said that full and global development is ‘the new name of peace’.”

    There is no lasting economic development without protecting life from conception onwards. A society that murders its unborn is a society that does not deserve to continue. The individual right to life, including and especially the unborn’s, is true Christian culture and morality, the underpinings of any lasting economic success.

    “In his social encyclical, Benedict XVI precisely identified the roots of a crisis that is not only economic and financial but above all moral in nature. In fact, as the Pontiff notes, to function correctly the economy needs ethics; and not just of any kind but one that is people-centred.”

    Morality is basic and fundamental, centered on and promoting the individual right to life, liberty and the pursuit of happiness. An immoral society is one that murders its unborn and sanctifies the godless filth of homosexuality. These are crimes that destroy the family (society’s basic building block). They are crimes against humanity. As long as a society commits crimes such as these, it is anti-life, anti-liberty, and anti-family. Thus is that society doomed to follow ancient Rome into oblivion.

    “The lack of a convinced consensus, nourished by an unceasing moral communion on the part of the world community, would also reduce the effectiveness of such an Authority.”

    The world community lacks morality (it always has and it always will until Jesus Christ returns in all His glory), so any economic measures it devises to redress the current crisis are doomed to fail.

    “Under the current uncertainties, in a society capable of mobilizing immense means but whose cultural and moral reflection is still inadequate with regard to their use in achieving the appropriate ends, we are invited to not give in and to build above all a meaningful future for the generations to come.”

    In spite of the fact that civilization is, if not intrinsically immoral, at least amoral, we as Christians must never give in to despair. No matter what, the will of God will be done. Atheists, agnostics, secularists, humanists, liberals, progressives and Democrats cannot stop God’s will. In fact, the more they try to stop it, the greater will be the success of God’s will.

    1. avatar

      MORE SLICK DOUBLE SPEAK. JUST LIKE ASSISI3.

  4. avatar

    I can reference Pope Paul VI when he called all people to embrace the New World Order at the UN when he was alive. Pope John Paul II + eternal memory, also encouraged a one world entity in the name of peace. We have been warned by the Church that this is not at all God’s plan, but that of the fallen one. I am not sure where anyone with just a wee bit of common sense, can see where this Pope would like to take us. This is the result of the Roman Patriarchate pulling away from the One True Holy Catholic Church and name they have stolen. It is time for the truth to be told, Rome is giving in to the New World Order, maybe even a big part of that plan. I am so disappointed in this travesty. God have mercy on his soul and all of ours.

Leave a Reply