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Vatican to call for global financial authority
Inquirer (Philippines) ^ | Wednesday, October 19th, 2011 | Agence France-Presse

Posted on 10/24/2011 5:36:56 AM PDT by DeaconBenjamin

VATICAN CITY—The Vatican on Wednesday said it was preparing a series of proposals for reforming the global financial system that would include the creation of a “public authority with universal competence.”

A document entitled “For a reform of the financial system through the perspective of a public authority with universal competence” will be presented on Monday by the Vatican’s Pontifical Council for Justice and Peace.

The council’s head, Ghanaian cardinal Peter Kodwo Appiah Turkson, will present it, the Vatican press office said without adding further details.

Pope Benedict XVI has repeatedly called for an “intervention” by governments to tame financial markets and has emphasized the need to restore a fragile global economic system that is hurting poorest people the hardest.

“The global financial crisis showed the fragility of the current economic system and of the institutions associated with it,” the pope said in April.

He said the crisis had also demonstrated “the mistake of continuing to think that the market is able to regulate itself without public intervention.”


TOPICS: Business/Economy; Foreign Affairs; Government
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To: MNnice

Ushering in the one world currency and the one world government?

Now just _who_ would want this to happen, so that he can truly world his world for the short time he has left (Rev 12:12)?


21 posted on 10/24/2011 6:06:05 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Last Dakotan

Probably someone that is very charismatic and can bring temporary world peace.


22 posted on 10/24/2011 6:07:15 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: ken5050

Personally, I’d say that further research on this is called for. Please note that the source is the Inquirer. I seriously doubt the legitimacy of this article.


23 posted on 10/24/2011 6:08:35 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: SumProVita

You can read what is posted at the link in #7 above.


24 posted on 10/24/2011 6:10:31 AM PDT by John W (Natural-born US citizen since 1955)
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To: DeaconBenjamin

Yes, I seem to recall Jesus talking about this very thing. I think he wanted Peter to run it.


25 posted on 10/24/2011 6:17:07 AM PDT by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: John W

I tried ...but both of the browsers that I use identified this as a dangerous page.


26 posted on 10/24/2011 6:19:53 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: Alex Murphy
the Vatican’s Pontifical Council for Justice and Peace

People don't understand the Vatican. The Council for Justice and Peace doesn't speak for the Pope or for all Catholics. Councils and individual Cardinals regularly mouth off at will, expressing a variety of philosophical assumptions in a truly Italian display of rhetorical disorder. But they have no authority. The Popes have real authority, but they generally restrict their comments to the core of the Faith, or to broad principles that (usually) transcend politics. There are exceptions. I have read what I considered unwise Papal assertions about capital punishment (John Paul II) and heroic denunciations of National Socialism and fascism when it had become dangerous to do so (Pius XI, Pius XII). They were serious opinions, but were not presented as required for Catholics to believe.

Cardinals and councils at the Vatican may announce their belief in One World Government, but the Vatican doesn't believe in One World Opinion, even within itself. Other than outright heresy, the Popes don't seem to regulate policy assertions by the Cardinals.

A great many outsiders think that because the Pope or a Vatican official says something, its infallibility is being asserted. It's not. Liberals and misinformed conservatives who believe this are being more "Papal" than the Pope. Only the Pope's ex cathedra pronouncements are binding on all Catholics, and they're all on faith and morals—which are individual, not political matters.

27 posted on 10/24/2011 6:19:54 AM PDT by SamuraiScot
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To: SumProVita
In the spirit of trust but verify, a google search of news articles, from a variety of sources, on this subject....

Click here.

28 posted on 10/24/2011 6:24:27 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: mewzilla

Sure looks to me like the Vatican is up to its eyeballs in this.


29 posted on 10/24/2011 6:25:15 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: mewzilla

Since such a body was proposed by Vat. II and put into place by a Pope and since the Pope appoints the heads of the council one might really be excused for thinking it reflects the opinions of the Vatican rather accurately.

In short, it speaks for the Vatican.


30 posted on 10/24/2011 6:33:56 AM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: ken5050
Please, take the plunge. Actual faith and what you do with it is a matter of free will and personal convictions. What is taught, should be and usually is taught with tons of theology behind it. It's not off the cuff. and really, Pope Leo XIII wrote an encyclical in 1891 called Rerum Novarum that says what the Church teaches on this better than anything else does. In fact, his encyclicals should be required reading for all of us. He was, by far, one of the best popes in history.

This sort of stuff has been going on for centuries. One thing you realize as a Catholic is that the Vatican's reach is more limited than the media would have you believe. What they really do to screw things up is appoint huge mistakes as bishops. And the majority of them really don't know much about money. Every now and then you find one, but it's not a standard job requirement.

31 posted on 10/24/2011 6:36:13 AM PDT by Desdemona ( If trusting the men in the clergy was a requirement for Faith, there would be no one in the pews.)
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To: mewzilla

Thanks. I did the same thing earlier....but must READ exactly what Pope Benedict has said regarding this to understand exactly what is going on. Knee-jerk reactions are, I suppose, common nature, but they can mislead.

;-)


32 posted on 10/24/2011 7:03:19 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: DeaconBenjamin

“For a reform of the financial system through the perspective of a public authority with universal competence”

Part of Global World Order? For whom does the Pope really work? Mmmm


33 posted on 10/24/2011 7:44:07 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Alex Murphy

Didn’t Pope John Paul kiss the Koran?


34 posted on 10/24/2011 7:46:44 AM PDT by dragonblustar (Allah Ain't So Akbar!)
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To: SumProVita

try this link; it is a provisional translation:

http://halbrook.net/2011/10/24/financial-pentecost/


35 posted on 10/24/2011 8:18:05 AM PDT by algernonpj (He who pays the piper . . .)
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To: Last Dakotan
Does it matter?


36 posted on 10/24/2011 8:42:35 AM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: SumProVita

It is not the National Inquirer. If you want to question the veracity of Agence France Presse, your point would be better taken.


37 posted on 10/24/2011 8:45:57 AM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: DeaconBenjamin

Yes, I noticed that when I went to the source. Apologies...

However, I STILL believe that this is being interpreted without all the necessary details of exactly what is being suggested....and why.


38 posted on 10/24/2011 8:54:36 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: DeaconBenjamin

This does not appear to be teaching on the subjects of Faith or Morals and is therefore subject to error.


39 posted on 10/24/2011 9:07:54 AM PDT by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: DeaconBenjamin

Positioning themselves as the overall supreme authority! Hmmm.


40 posted on 10/24/2011 10:01:32 AM PDT by CynicalBear
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