Vatican Calls for a Central World Bank

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Now enough about Jesus. Listen to my economic policies!
Enough about Jesus. Now listen to my economic policies!

On October 24th, the Pope officially gave his support to Occupy Wall Street and, like Gorbachev, proposed a solution that goes EXACTLY at the opposite of the protester’s demands: an international organization regulating economy. In other words, a Central World Bank. In other other words, a New World Order.


Thank you Vatican for your input. Jesus was indeed a big advocate of international banking. He also preached about a world financial system that would only benefit the elite. Yup, that’s what he did alright (sorry for the extreme sarcasm).

Here’s an article about the Vatican pushing for the same international system as the Rockefellers and others.

Vatican Calls for Oversight of the World’s Finances

The Vatican called on Monday for an overhaul of the world’s financial systems, and again proposed establishment of a supranational authority to oversee the global economy, calling it necessary to bring more democratic and ethical principles to a marketplace run amok.

In a report issued by the Pontifical Council for Justice and Peace, the Vatican argued that “politics — which is responsible for the common good” must be given primacy over the economy and finance, and that existing institutions like the International Monetary Fund had not been responding adequately to global economic problems.

The document grows out of the Roman Catholic Church’s concerns about economic instability and widening inequality of income and wealth around the world, issues that transcend the power of national governments to address on their own.

“The time has come to conceive of institutions with universal competence, now that vital goods shared by the entire human family are at stake, goods which the individual states cannot promote and protect by themselves,” Cardinal Peter Kodwo Appiah Turkson, the president of the pontifical council, said as he presented the report on Monday. “That is what pushed us.”

The language in the document, which the Vatican refers to as a note, is distinctively strong. “We should not be afraid to propose new ideas, even if they might destabilize pre-existing balances of power that prevail over the weakest,” the document states.

The message prompted comparisons with the rallying cries of protest movements that have been challenging the financial world order, like the indignados in Madrid and the Occupy Wall Street protesters in New York City. Still, Vatican officials said the document was not a manifesto for disaffected dissidents.

“The document proposes ideas that seem to be in line with those proposed by the indignados, but really we are in line with the Magisterium of the church,” said Bishop Mario Toso, secretary to the pontifical council, referring to the church’s teaching authority. “It is a coincidence that we share some views. But after all, these are proposals that are based on reasonableness.”

The document is a reminder that the Catholic Church, without getting involved in policymaking, still seeks to shape its principles. “To function correctly the economy needs ethics; and not just of any kind, but one that is people-centered,” the document states, paraphrasing an encyclical that Pope Benedict XVI issued in 2009 calling for greater social responsibility in the economy.

In the United States, the report was embraced by politically liberal Catholics who are concerned about the widening gap between rich and poor. Vincent J. Miller, a professor of Catholic theology and culture at the University of Dayton, wrote, “It’s clear the Vatican stands with the Occupy Wall Street protesters and others struggling to return ethics and good governance to a financial sector grown out of control after 30 years of deregulation.”

John Gehring of Faith in Public Life, a liberal advocacy group in Washington, said, “In the next Republican presidential debate, someone should ask Newt Gingrich and Rick Santorum, both proudly Catholic, whether they support the Vatican’s call for more robust financial reform.”

Politically conservative Catholics, meanwhile, hastened to assure their camp that the document does not carry the full force of church teaching, since it was produced by a Vatican office, not by the pope himself. And some dismissed the report as nothing new, or simply misinformed.

Writing in the National Review, Samuel Gregg of the Acton Institute, which promotes free-market economic policies, said of the document: “It reflects rather conventional contemporary economic thinking. Unfortunately, given the uselessness of much present-day economics, that’s not likely to make it especially helpful.”

– New York Times, Vatican Calls for Oversight of the World’s Finances

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Somehow the comments are not being logged in chronological order. My reply to truth-will-set-u-free and Edward (#s 82 & 85) ended up under #67!

Thanks again truth-will set-u-free and Edward! I perused through sections of Walter Veith's Total Onslaught. He is interesting but makes the mistake of quoting catholic authors as though they are re-presenting Catholic teaching. Like one guy he quoted who said it is the priest who forgives sins. Priests do not forgive sins -only God. The Catechism of the Catholic Church actually has a 2 paragraph section titled "Only God Forgives Sin". I have a priest friend who says God is in process (of becoming more than He presently is). This friend is totally wrong and heretical on that point. He is a catholic priest and often published author, but his ideas are not only not Catholic (on many issues), they aren't even Christian! What he says is NOT Catholic teaching no matter what he or anybody else says. Regarding his point that the Catholic Church is in bed with the… Read more »
I have a question, isn't God love? Isn't he the one who forgives? Should'nt we all try to love each other? I as a Catholic, has to make a stand, many Catholics don't believe that the Pope is infallible, I myself don't believe he does not commit sin, we, mankind are sinful. Don't you know Pope Benedict was a Nazi youth? However, though he is leading Catholics, He is not the head of the church, God is. Only God is the head of the church, and all of us believe that. Here is something contradictory of what some people refer to the Catholic Church as the "W***e of Babylon", the bible you have today was first originated from the scriptures right? However the Catholic Church actually assembled all the scriptures into one thick book, the bible. Then why would the Catholic Church refer themselves as the w***e of Babylon? Religion… Read more »

Vatican not know how to manipulate the population invoking God

I respect the varying religious viewpoints, but i dont feel much can happen over the internet with regards to persuasion or understanding of religious identity, it is too shallow of a form of communication. I am engaged by others concerns, but the rift between varying religions can not be bridged with written responses over the internet. It seems to be mostly a dead end.

But isn't the Vatican's whole point that we need to bust the super-corporate banking model that is destroying ordinary people's lives, and causing massive housing crises etc?

If you really read this with your heart, the Pope is calling on us to go to God for solutions. God's power is supranatural whereas the the devil's is supernatural, the difference is bigger than the one letter. Pray for the Pope because he's the current rock, he needs loving prayers since free masons hate him more than you could imagine. Plus if the Church was said "Harlot", the Pope wouldn't have instituted The Alliance Of the Two Hearts Holy Family International. Check out Fr. Bing Arellano on Youtube.com to see just how against The New World Order the Church really is.

Warning ahead before NWO emerged:
http://www.youtube.com/watch?v=AdfwcyN2qHo
Please stay safe even if disaster strike caused by the Elites.

As a Roman Catholic, and a fan of Pope Benedict, and a fan of this site, I must say that I am disappointed by the pontiff's stance on a world bank. For the non-Catholic readers I feel obligated to inform you that Catholics don't have to believe or agree on everything the pope says. We only have to believe the official teachings of the Church – Dogms – which are proclaimed "ex cathedra" or "from the Chair (of St. Peter)," and the last time this happened was in the 1950s.

I worship God almighty creator of heaven and earth and I will never worship any man or thing! I am and will always be a catholic .The bible says God will write His laws in our hearts, everyman will know wrong from right. Jesus is the only way to God not any church or ideology.

Hey, i long for the day when people will purely identify themselves as 'CHRISTIANS' and not qualified by such terms as 'forever catholic' *no offence btw*. I believe our faith should be defined by the fact that we are 'forever followers of Christ' and not confined to loyalty to a denomination etc…and we should be Vigilant since the Bible says that even the devil masquerades as an angel of light. We should therefore open ourselves FULLY to God's direction and be seekers of truth and He shall truly direct our paths. We shall be wise as serpents and we will be able to test the spirits as the Bible instructs. let us partake of rituals knowing full well what they mean and Research widely with an open mind. God will surely not let us down as He gives us what we ask for. Be blessed and please READ his WORD.… Read more »

First of all I am a child of God and I am washed in d blood of Jesus and directed by the Holy spirt, therefore am fully liberated and d only lable I carry says God's annointed one! So don't judge me if u do not know me. I live by d words of God and I know d only church in heaven is that which God sits on its throne and regin supreme! I am fully aware of d evils in world an do not support any of them.

THIS IS PROPHETIC STUFF!!!!!!!!!!!!! Like, seriously!! The Roman Catholic Church= Revelation's W***e of Babylon

http://online.wsj.com/article/SB10001424052970203
Interesting perspective about the Vatican's position on fiat money…

Yep. Another sign of the end times…perhaps it WILL be in my lifetime…

Anyone else think a Pope will be the false prophet?

Vatican is riches organization on earth???

I don't think that pope was talking about the NWO, he's just concerned about the poverty and social problems of people, and he wants that someone supervises the elite and those who only care about money and power.

People often say that they believe in Jesus, and don't believe in Church, but guess what: Jesus established Church for a reason, and Holy Spirit guides it (and God knows what he's doing, even if that has no sense to us.)

The church doesn't equal a church building or people who go to church or even people that work at a church. The church is the body of true believers who have put their faith in Christ. That's why Christ is described as the head of the church…

Regarding LVB's assertions under comments from #30: None of the things you mentioned popes to have said and done were said or done in official of infallible ways. The popes you mentioned were scoundrels indeed and they reigned in times when there was little to no distinction between church and state, when corruption was sometimes rampant. But when a pope "solemnly declares or promulgates to the universal church" he can't just be talking or writing -even if he is talking or writing to a wide audience when he says something. I have never heard of an infallible teaching that was simply (or merely) verbal. Secondly, an infallible statement needs to be made in an official document that has serious weight. Encyclicals and universal meetings of bishops which the pope has jurisdiction over CAN fall under 'infallibility' but DO NOT necessarily, or even commonly, do so. In relation to the vast… Read more »
I am a catholic and want to say some things regarding this document. It is not what the church calls an infallible document, in any way. So no catholic is obliged to believe its conclusions OR even agree with them. Secondly, from what I have read, many of the articles relating to the document focus on the central bank idea which i have yet to see in the actual document (i have not been able to find the text online -it is supposedly 18 pages long). I think, from sundry articles i've read on it, that it suggests an oversight authority that would help regulate monetary/economic matters. I have yet to see an actual quote from the document itself enumerating an actual bank, much less a central world bank. I don't think that representation in the MSM is accurate at all. There are over 1 billion catholics in the world… Read more »

Well written Dave…..maybe try the vatican website….I did find it yesterday but can't

remember the link…I'll look again later.

I think as Christians we need to be aware of the spiritual battle going on here….evil and corruption has infiltrated almost all aspects of human living….

From all churches, governments, business, media, education, sport, music and the arts etc etc

We should not be suprised by this….

I believe especially the Christian churches arguing amongst each other is a major tool used by our enemy to distract us from fulfilling the plans God has for us individually and collectively.

Arm yourself for battle (spirtual battle that is) Ephesians 6

And may the peace that only God can give fill your mind, heart and soul

thanks! and that same prayer for you and everyone who reads these comments…

Just when you think you've seen/heard it all! :O

This is why the Catholic religion along with all religions is complete bullshit. They are nothing but crooks, child monsters and false prophets. You can worship GOD without having a religion.

Sometimes it's hard for me to interpret the bible, but once I read "Earth's Final Hours", I felt like there was no doubt in my mind. The book of Daniel and Revelations tells us all we need to know…as someone else said, it's time to "watch the throne." My eye will be on the Pope in the coming days, months, and years. Here's the link to the chapter in the book that spelled it all out for me:

http://www.pacinst.com/efh/chapter11/666.html

Hasnt anyone ever wondered who "Babylon the Great" is??? The Harlot who sits on many waters (people and nations) who commits fornications with the kings of the earth (governments)

Babylon the Great with her "spiritistic practices" (religion)… The great harlot is The world empire of FALSE RELIGION.

We are living in the last days my friends…

"for the love of money is the root of evil"

"Come out of her My people!"

There are so many things wrong with the Roman Catholic "religion", and so many un-biblical teachings that I wouldn't know where to start. However, I am sure there are plenty of Catholics out there that actually believe the truth – Jesus blood saves, invite him into your heart to live, believing by faith he died for sin and arose on the 3rd day, and that he is the true son of GOD. Believing that Jesus alone saves and no work of yourself, so that no man may boast.

feel free to "start" or is it perhaps easier for you to make a quick and easy comment without any real substance?

um. pot. kettle.

@VCfan3

Laughter is the best medicine. Show no fear. Whatever will be, will be. When things turn nasty, I for one will carry on laughing at the pathetic attempts to defeat humanity. Love and peace is far more powerful than fear and hatred. I will go out laughing, rather than in fear of death. I have seen evil, being beaten so badly that my attackers left me for dead. I learned that fear is what these people feed and thrive off, like vampires. They want you to be fearful of what's around the corner, the fear of the unknown. So in that case, do the opposite!

"Laughter in the face of adversity"

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