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Actions speak louder than words. The pope should start with the riches of the Vatican first to prove he is sincere about what he says. Until than, all I see is political posturing.
Originally posted by MariaLida
Very powerful and true massage ..
Pope Francis urges global leaders to end 'tyranny' of money
3:25PM BST 16 May 2013
Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions.
He said free-market capitalism had created a “tyranny” and that human beings were being judged purely by their ability to consume goods.
Money should be made to “serve” people, not to “rule” them, he said, calling for a more ethical financial system and curbs on financial speculation.
The gap between rich and poor was growing and the “joy of life” was diminishing in many developed countries, the Argentinian Pope said, two months after he was elected as the successor to Benedict XVI.
www.telegraph.co.uk...
He's right.
Originally posted by tothetenthpower
Oh yeah, that's rich, pardon the pun.
Maybe the Vatican should start paying taxes or open up their coffers to the needy folk in the world.
I'm sure if they showed us their books and wealth holdings, we'd find they are just as much in bed with the banking oligarchy than any other institution.
~Tenth
Originally posted by CookieMonster09
He's right.
Unfortunately, no. Because what he will propose is a global monetary system, with a single world bank, and a micro-chipped population.
Why do you think we have had one wave of financial crisis after another? To make way for a global currency.
The Pope uses this flowery language to lull the sheep to sleep. Don't buy it. Think about his motives. This is one of the most powerful political positions in our modern world. He is using his bully pulpit to promote a global currency.
Originally posted by gladtobehere
reply to post by MariaLida
I was with him until he started blaming the free markets.
First of all, what free markets? Governments are constantly intervening to help out their rich buddies.
Talk about the cancer that is the Rothschild debt based central banking scheme.
Originally posted by MariaLida
[...]Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions.[...]
Originally posted by MariaLida
He said free-market capitalism had created a “tyranny” and that human beings were being judged purely by their ability to consume goods.
I think that the system allows for the right of control by States. Some might even say there's too much control. But certainly a good argument can be made on either side.
This imbalance results from ideologies which uphold the absolute autonomy of markets and financial speculation, and thus deny the right of control to States, which are themselves charged with providing for the common good. A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules.
Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions.
He sees the web and he's speaking out against the unjust top-down stratification of society and civilization which is sucking the "joy of life" out of the experience of life for so many people. I therefore cannot help but applaud his position and policy, because, given the Vatican's reach, it has and will have an impact.
Originally posted by ColCurious
I read the speech...and I agree to a point.
Here is my point:
Centralized financial systems already denied the right of control to national states (look what the troika did to greece for example) and deposed the people as the highest political body of our nations via lobbyism/corruption.
Giving more control to national states won't help, since they are already corrupted.
The way out (IMO) is to give the political power back to the people by limiting the power of said centralized political and economic systems. The Vatican council proposes a global financial authority (as far as I know), when what is really needed is exactly the opposite.
There are lots of ways to make money: You can earn it, find it, counterfeit it, steal it. Or, if you’re Satoshi Nakamoto, you can invent it. That’s what he did on the evening of January 3, 2009, when he pressed a button on his keyboard and created a new currency called Bitcoin. It was all bit, and no coin. There was no paper, copper, or silver—just thirty-one thousand lines of code and an announcement on the Internet. Nakamoto wanted to create a currency immune to the predations of bankers and politicians. The currency was controlled entirely by software. Every ten minutes or so, coins would be distributed through a process that resembled a lottery. This way, the bitcoin software would release a total of twenty-one million bitcoins, most all of them over the next twenty years. Interest in Nakamoto’s invention built steadily. More and more people dedicated their computers to the lottery, and forty-four exchanges popped up, allowing anyone with bitcoins to trade them for dollars, euros, or other currencies. At first, a single bitcoin was valued at less than a penny. But merchants gradually began to accept bitcoin, and at the end of 2010 the value began to appreciate rapidly. By June of 2011, a bitcoin was worth more than twenty-nine dollars. Market gyrations followed, and by September the exchange rate had fallen to five dollars. Still, with more than seven million bitcoins in circulation, Nakamoto had created thirty-five million dollars of value. And yet Nakamoto was a cipher. There was no trace of any coder with that name before the début of bitcoin. He used an e-mail address and Web site that were untraceable. In 2009 and 2010, he wrote hundreds of posts in flawless English, invited other software developers to help him improve the code. Then, in April, 2011, he sent a note to a developer saying that he had “moved on to other things.” He has not been heard from since.
To many people, this sounds like an implausibly rosy future, and for early adopters that is true — it feels like winning the lottery every day. However, for most other people, the ascendancy of distributed currency systems will feel like a disaster. ... the rise of distributed currencies such as bitcoin could create massive social upheaval due to governments’ rapidly degrading capability to fulfill their core functions of taxation and regulation of commerce.
lifeboat.com...
"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete" ~Buckminster Fuller