31 votes

Vatican Calls for 'Central World Bank' to Be Set Up

The Vatican called on Monday for the establishment of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.

A major document from 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.

The 18-page document, "Towards Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority," was at times very specific, calling, for example, for taxation measures on financial transactions.


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Ron Paul is not a

Ron Paul is not a philosopher? I disagree. He certainly thinks and speaks like one. He's known not to kill non-Christians because he doesn't believe the bible should be taken literally.

I would hope Ron Paulers

I would hope Ron Paulers could identify the difference between a looting and coercive state and a private institution which uses not a monopoly of coercion but of voluntary action

Know your stuff, learn real history and economics @LibertyClassroom.com

Certainly there is a

Certainly there is a difference, but it is difficult to deny that people are indoctrinated into their religion from an early age and conditioned to believe that the Pope is infallible -- much like many Americans believe the United States is infallible in matters of economics or foreign policy. The process of being brought up in any religious sect, but especially Catholicism, is technically voluntary, but there are strong ties to family and tradition that doesn't make it practically voluntary. To downplay the lobby of the Catholic church and its power over blindly shaping the views of many of its adherents is a difficult position to defend.

Do you deny any of the acts of the church that I mentioned?

What acts of the Church?

To be raised a certain way does not validate nor invalidate a philosophy or religion.

Know your stuff, learn real history and economics @LibertyClassroom.com

See above for acts of church

See above for acts of church including collusion with Nazis.

The point was not validating or invalidating a philosophy. The POINT was that the Vatican has a powerful lobby worldwide and within the US.


Ic. Please read, http://www.catholic.com/documents/how-pius-xii-protected-jews

I am unaware of any powerful Vatican lobbying.

Know your stuff, learn real history and economics @LibertyClassroom.com

You sent me a link from

You sent me a link from Catholic.com?! That's like asking the EPA if they're doing a good job of protecting the environment.

I read the article. As a scholar myself, I am troubled by the style of the writing. This is not a scholarly article. Phrases such as "Anti-Catholic author" and "Jack Chick, infamous for his anti-Catholic comic books"" are spin writing, not scholarly writing.

Here's another one that displays an incredible bias of the author: "One is tempted simply to dismiss these accusations, so wildly out of touch with reality, as the deluded ravings of persons with no sense of historical truth."

I suggest you find some other sources.

I finally found the resource I wanted to find

in the first place!


(Granted it is written by a Catholic, but the main substance is from the work of a Rabbi David G. Dalin)

Know your stuff, learn real history and economics @LibertyClassroom.com

This is a little better. I

This is a little better. I will read it when I get a chance, but you will still have a lot of questions to answer regarding this matter.

No Prob! : )

No Prob! : )

Know your stuff, learn real history and economics @LibertyClassroom.com

Many Americans are Catholics.

Many Americans are Catholics. Many Catholics, especially in years past, are substantially influenced by their "tribe" on their vote. What percentage of American catholics voted for Kennedy? There was substantial talk about Kerry and Catholicism during his campaign, though I believe he had an abortion problem, but nevertheless, it was still influenced by the Vatican. No doubt there are many more examples in US politics alone.

If you deny the Vatican exerts substantial influence in world politics, there's not much I can say. Examples abound.

I will read your link.


"conditioned to believe that the Pope is infallible"

You should stop while your behind. Comic book Catholics are easy prey for ridicule.

At the time infallibility was instituted, Bishops and Cardinals from all over were creating all sorts of rules and calling them official doctrine.

The Supreme Court makes final judgement on interpretations of the Constitution. We might accept their finding without agreeing.

The other side of the issue is more interesting. As soon as someone claims infallible authority he has the burden to support his claims. Did the man produce Papal pronouncements that are infallible positions.

As for the Pope, what has he said under the banner of infallibility has proven in error in your mind?

Free includes debt-free!

I find it more than

I find it more than ridiculous that you are LOL-ing. A smug response saying, "oh, silly man, we don't do that anymore" should not trump embarrassment felt by an institution whose many adherents STILL believe this and the papacy does not do a whole lot to discourage it.

I would further submit that it is the Catholic Church who has always lagged far behind. They are the last to adjust their doctrines when one of the moral issues becomes untenable by the general public, and eventually by their masses. You are speaking of an institution who held meetings to decide what happened to people who died before they were baptized or how many angels could dance on the head of a pin. How completely intellectually devoid. The church has knowingly refused to condone condom use, even between a married couple where one of the partners has AIDs. How many more Catholics must die each year because they subscribe to this inanity?

The Catholic church has suppressed scientific discovery throughout the much of their history when they were strong, threatening to kill or excommunicate those who, say, could demonstrate the Earth was not the center of the universe. They have been a pillar in the subjugation of women.

There's much much more, but the thing is, you'll never hear any of these things in church. Such a horrible history of wealth gathering from the poor, warfare, and policies that maintain unnecessary human suffering should provoke more thought from you than just a LOL response. The Vatican has a pathetic record. They are a political institution, and we all know what happens when things get politicized.

Keep you bashing out of the discussion,

Any immediate anger and hatred should be kept minimal and your mind clear of the facts instead of shouting out nuisances like perverted priests and such. It only show how uneducated you are when you say such thing. Ron Paul would not do the same.

Now I'm a self-Catholic and a free-market at the same time, no big deal. You pick and choose what you want practice and become. You don't have to agree with everything. And I haven't yet read the document from Vatican (which I should) but anything that have to do with money and central is morally corrupt in itself.

UNTIL this document is PUBLISHED ONLINE~~~none of us should

be criticizing it. You should know BY NOW that the Media takes one person's "opinion" on something, then sends it out to the world media outlets, and THAT IS EXACTLY WHY the same "story" is repeated OVER & OVER & OVER again.

Please be careful not to "judge" the Catholics. Although there are many things wrong with the Catholic Church, please be careful not to "judge" until we get the facts straight.

It hasn't even been released online....yet. Remember that the Catholic Church, in and of itself, has MANY ENEMIES, INCLUDING.....the EVIL ELITES!

Also, know that Pope Benedict is NOT a Statist and also believes that our country has the "right to defend its borders", too! Here is his quote:

BENEDICT XVI (2005 - present)

We do not Need a State which Controls Everything

“The State which would provide everything, absorbing everything into itself, would ultimately become a mere bureaucracy incapable of guaranteeing the very thing which the suffering person - every person - needs: namely, loving personal concern. We do not need a State which regulates and controls everything, but a State which, in accordance with the principle of subsidiarity, generously acknowledges and supports initiatives arising from the different social forces and combines spontaneity with closeness to those in need. … In the end, the claim that just social structures would make works of charity superfluous masks a materialist conception of man: the mistaken notion that man can live ‘by bread alone’ (Mt 4:4; cf. Dt 8:3) - a conviction that demeans man and ultimately disregards all that is specifically human.”

(Encyclical Deus Caritas Est, December 25, 2005, n. 28)

Can the Pope be Impeached?

God bless atheists everywhere!

END the FED before it ENDS US

There would be no Atheists if there wasn't a God......

Which means you and the Atheists believe in God. I bet you would agree that we need God's help to get Ron Paul elected, even if you don't believe in HIM!! God Bless Ron Paul and his campaign!

You're trying to be funny,

You're trying to be funny, right? Otherwise your reasoning is absurd.

Vatican infiltrated by globalist bankster criminals

The cause of the global financial meltdown was the Federal Reserve and central banks yet the Vatican wants to call for a global central bank as the solution. Hmm the Vatican either has borderline down-syndrome or is heavily influenced and controlled by the globalist banksters.

I don't get it. Why do we

I don't get it. Why do we need a central world authority to say an ounce of gold weighs one ounce, an ounce of silver weighs one ounce.

Or do they want yet another phony baloney system they can milk?

OK guys this is a document

OK guys this is a document from a group at the Vatican. Many ARE MAKING WAY TO BIG A DEAL of this. This does not reflect the view of the pope, the Catholic Church, nor the view of the Vatican!

The media is trying to tear a gap between you and the Catholic Church. They attach the Church constantly!

Know your stuff, learn real history and economics @LibertyClassroom.com

LRC makes comment:


Link to document, see for yourself:

Not sure what to think but I am agasint a central monetary and taxing authority, because I am against fraud and theft.

Free includes debt-free!

I know the Pontifical Council

I know the Pontifical Council for Justice and Peace came out with the document and it's contents but this council carries absolutely no weight. This is basically for mere discussion. That is why I say people are making way to big a deal of this. It carries with it no substantial opinion or view from the Vatican.

Know your stuff, learn real history and economics @LibertyClassroom.com

Their analysis is pretty shaky, nonetheless.

My ire is for stupid ideas. Sometimes I waver, its a man thing.

Free includes debt-free!


Whoever gives me a thumbs down, I would appreciate the courtesy of your explanation of why?

Do you rather wish the Vatican/pope/Church actually carry these views??

Know your stuff, learn real history and economics @LibertyClassroom.com

TenBob, you know people hate reality

That's why you got down votes. You speak the truth and people don't like truth. Americans LOVE lies, especially when they support their inner fiction.

Mikelawson, I must admit I am

Mikelawson, I must admit I am pretty clueless when it comes to the Orthodox church and their teachings. Would you recommend anything to listen to in regards to it vs. the Catholic Church. I know the Catholic Church views it as being authentic but I do not believe it is true the other way around? I clicked on your link and will do some exploring. But anything other then that?

Know your stuff, learn real history and economics @LibertyClassroom.com

TenBob, your feeling is true

The Roman Catholic Church is heretical and schismatic. Here's a good starting point: http://www.ocf.org/OrthodoxPage/reading/ortho_cath.html

How can the first Church be Schismatic????

Please explain to me how the Church established by Jesus can be schismatic with itself? The protestant reformation began in the 1500's, and I would argue that this is more schismatic than the Catholic church. By the way, I would be very careful about your attacks on the Church and Jesus. Remember what happened to Saul when he was persecuting the Church, and it may be even a graver sin to spread false accucations, as it is a sin to spread false witness against thy neighbor, and in this case Jesus is the neighbor....

The protestant movement is indeed more schismatic

But, the fact remains that the Roman Catholic Church excommunited itself from the original Church officially in 1054 and from there created a very different and in many important ways, heretical church. I'm not saying Catholics are bad or anything to the effect, I'm merely stating the truth of history.
I'd love to have a serious conversation about this because I find church history fascinating. Please know that I am not judging anyone when I get into it.