Author Topic: Pope proposes new financial order guided by ethics  (Read 2224 times)

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Offline George

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Pope proposes new financial order guided by ethics
« on: July 07, 2009, 05:37:14 PM »
Whoa!  This is interesting if you're trying to predict when the "apocalypse" is going to happen!  A new world order is one of the things that has to line up!

VATICAN CITY – Pope Benedict XVI called Tuesday for a new world financial order guided by ethics and the search for the common good, denouncing the profit-at-all-cost mentality blamed for bringing about the global financial meltdown.

In the third encyclical of his pontificate, Benedict pressed for reform of the United Nations and international economic and financial institutions to give poorer countries more of a say in international policy.

"There is urgent need (for) a true world political authority" that can manage the global economy, guarantee the environment is protected, ensure world peace and bring about food security for the poor, he wrote.

Read the rest of the story below.

http://news.yahoo.com/s/ap/20090707/ap_on_re_eu/eu_vatican_encyclical


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