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 Vatican Calls for “Central World Bank”

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Posts : 7988
Join date : 2012-05-29
Location : Manchester UK

PostSubject: Vatican Calls for “Central World Bank”   Thu 27 Dec 2012, 11:46

Vatican Calls for “Central World Bank”

The Vatican has called for a “global public authority”
and a world central bank to rule over financial affairs in the wake of
the engineered economic collapse.

A document released by 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,” according to CNBC.

Condemning the “idolatry of the market,” the document
states that 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

The planned implosion of the global economy “has
revealed behaviors like selfishness, collective greed and hoarding of
goods on a great scale.”

The 18-page document, entitled “Towards Reforming the
International Financial and Monetary Systems in the Context of a Global
Public Authority,” declares global economics needs 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.

In response, the Vatican is calling for “a supranational
authority” with worldwide scope and “universal jurisdiction” to guide
economic policies and decisions. The authority will be run by the United
Nations, according to the document.

It will take time to replace economic policies and in the process destroy national sovereignty, according to the Vatican.

“Of course, this transformation will be made at the cost
of a gradual, balanced transfer of a part of each nation’s powers to a
world authority and to regional authorities, but this is necessary at a
time when the dynamism of human society and the economy and the progress
of technology are transcending borders, which are in fact already very
eroded in a globalizes world.”

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