the Vatican calls for setup of a 'Central World Bank'

I don't like the sound of this as it calls for the establishment of "a supranational authority" with worldwide scope and "universal jurisdiction" to guide economic policies and decisions.

The Vaticancalled 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of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.

The document from the Vatican's Justice and Peace department should please the "Occupy Wall Street"demonstrators and similar movements around the world who have protested against the economic downturn.

"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.

....

http://www.chicagotribune.com/business/breaking/chi-vatican-calls-for-global-authority-on-economy-20111024,0,3009511.story

http://blogs.reuters.com/faithworld/2011/10/24/vatican-calls-for-global-authority-on-economy-raps-idolatry-of-the-market/

http://www.cnbc.com/id/45013499Chicago Tribune

So then what would become of the Bank for International Settlements(the bank of central banks) and/or the World Bank and the IMF and their SDRs?

*tin foil hat*

I think what they are proposing sounds very bad. What I think would probably happen is that the BIS or World Bank/IMF would ''go global'' and control the monetary policy of all the countries in the globe, not just the nations within their current circles. The controlling banking institutions would have even more power than they do now and the United Nations & NATO would become very powerful as a result.

Would a Central World Bank solve the world's economic problems?

So the church can control it?

LOL

Ironic that this might happen..It was predicted in revelations.

This is why I hate the pop the vatican and some churchs.

A one worl currency isn't far away(or it is who knows)

I don't like the sound of this as it calls for the establishment of "a supranational authority" with worldwide scope and "universal jurisdiction" to guide economic policies and decisions.

[quote="Chicago Tribune"]The Vaticancalled 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of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.

The document from the Vatican's Justice and Peace department should please the "Occupy Wall Street"demonstrators and similar movements around the world who have protested against the economic downturn.

"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.

....

http://www.chicagotribune.com/business/breaking/chi-vatican-calls-for-global-authority-on-economy-20111024,0,3009511.story

http://blogs.reuters.com/faithworld/2011/10/24/vatican-calls-for-global-authority-on-economy-raps-idolatry-of-the-market/

http://www.cnbc.com/id/45013499_R34LiTY_

So then what would become of the Bank for International Settlements(the bank of central banks) and/or the World Bank and the IMF and their SDRs?

*tin foil hat*

I think what they are proposing sounds very bad. What I think would probably happen is that the BIS or World Bank/IMF would ''go global'' and control the monetary policy of all the countries in the globe, not just the nations within their current circles. The controlling banking institutions would have even more power than they do now and the United Nations & NATO would become very powerful as a result.

Would a Central World Bank solve the world's economic problems?

Ironic that this might happen..It was predicted in revelations.

This is why I hate the pop the vatican and some churchs.

A one worl currency isn't far away(or it is who knows)

Kcube

[QUOTE="Kcube"]

Ironic that this might happen..It was predicted in revelations.

This is why I hate the pop the vatican and some churchs.

A one worl currency isn't far away(or it is who knows)

RandoIph

Well I believe in the 2 headed scorpions on horses and momsters coming out of the sea

Can anyone say "new world order?"

Also, how is this supposed to please OWS? Part of what they're protesting is the economic dominance of the consolidation of power in finance.

First of all a thing like that already exists, it's IMF and the WTO. And second when was the last time the Catholic Church had a good idea? I think Jesus was their last credible representative and we are not even sure he would call himself a catholic.kuraimen

So true.

The vatican is all for the vatican..Jesus is just a tool of control to keep them in power.

First of all a thing like that already exists, it's IMF and the WTO. And second when was the last time the Catholic Church had a good idea? I think Jesus was their last credible representative and we are not even sure he would call himself a catholic.kuraimen

Well, it's not exactly the same. If the people behind those institutions had their way it would be the same, but they don't have quite as much power as this porposed institution would have. That being said, this is basically a proposal to expand their power over all of finance, and given their records I'm not exactly enthused at that prospect.

the catholic church... wants to help us with ethics.... hmmmm.

wait a sec, i'm having a bit of trouble connecting that in my brain.

catholic church.................................. ethics.........................................

nope, still not getting it.

wait.... do they maybe want to determine sales at retail stores because the only connection i'm seeing here is maybe something about boys pants half off.

Riverwolf007

People around the world mad at banks? Make the biggest bank the world has ever seen! Vatican City, bastion of logic.Ace6301

+1.

Also, a former Hitler youth proposing centralized control of world finances, really?

First of all a thing like that already exists, it's IMF and the WTO. And second when was the last time the Catholic Church had a good idea? I think Jesus was their last credible representative and we are not even sure he would call himself a catholic.kuraimen

[QUOTE="Riverwolf007"]

the catholic church... wants to help us with ethics.... hmmmm.

wait a sec, i'm having a bit of trouble connecting that in my brain.

catholic church.................................. ethics.........................................

nope, still not getting it.

wait.... do they maybe want to determine sales at retail stores because the only connection i'm seeing here is maybe something about boys pants half off.

Karnage108

a. why is the church involving in this? i hope they do not have any hope in getting any kind of say in monetary business

b. yeah lets give even more power to banks, what could go wrong

[QUOTE="Karnage108"][QUOTE="Riverwolf007"]

the catholic church... wants to help us with ethics.... hmmmm.

wait a sec, i'm having a bit of trouble connecting that in my brain.

catholic church.................................. ethics.........................................

nope, still not getting it.

wait.... do they maybe want to determine sales at retail stores because the only connection i'm seeing here is maybe something about boys pants half off.

Ace6301

Oh Vatican... is there anything you WON'T say or do?

Oh Vatican... is there anything you WON'T say or do?

Frame_Dragger

How about, "we're genuinely sorry about the molestations and we're going to take REAL steps to put a stop to it and bring the perpetrators to justice instead of just trying to bury it."

[QUOTE="Frame_Dragger"]

Oh Vatican... is there anything you WON'T say or do?

How about, "we're genuinely sorry about the molestations and we're going to take REAL steps to put a stop to it and bring the perpetrators to justice instead of just trying to bury it."

[QUOTE="Frame_Dragger"]

Oh Vatican... is there anything you WON'T say or do?

theone86

How about, "we're genuinely sorry about the molestations and we're going to take REAL steps to put a stop to it and bring the perpetrators to justice instead of just trying to bury it."

I'm sure sex abuse scandals are the the only thing people like you think about when the words "Catholic Church" are brought up, but the Church certainly has been progressing as far as removing priests and imposing reforms which require more background checks on the clergy. Not that you would hear about that though. That's totally boring compared to hearing how the Church is one great and collective source of evil :roll:

[QUOTE="theone86"]

[QUOTE="Frame_Dragger"]

Oh Vatican... is there anything you WON'T say or do?

How about, "we're genuinely sorry about the molestations and we're going to take REAL steps to put a stop to it and bring the perpetrators to justice instead of just trying to bury it."

I'm sure sex abuse scandals are the the only thing people like you think about when the words "Catholic Church" are brought up, but the Church certainly has been progressing as far as removing priests and imposing reforms which require more background checks on the clergy. Not that you would hear about that though. That's totally boring compared to hearing how the Church is one great and collective source of evil :roll:

[QUOTE="theone86"]

[QUOTE="Frame_Dragger"]

Oh Vatican... is there anything you WON'T say or do?

Karnage108

How about, "we're genuinely sorry about the molestations and we're going to take REAL steps to put a stop to it and bring the perpetrators to justice instead of just trying to bury it."

I'm sure sex abuse scandals are the the only thing people like you think about when the words "Catholic Church" are brought up, but the Church certainly has been progressing as far as removing priests and imposing reforms which require more background checks on the clergy. Not that you would hear about that though. That's totally boring compared to hearing how the Church is one great and collective source of evil :roll:

I don't think anyone is going to take them seriously, reading the thread pretty much confirmed that.

[QUOTE="theone86"]

How about, "we're genuinely sorry about the molestations and we're going to take REAL steps to put a stop to it and bring the perpetrators to justice instead of just trying to bury it."

I'm sure sex abuse scandals are the the only thing people like you think about when the words "Catholic Church" are brought up, but the Church certainly has been progressing as far as removing priests and imposing reforms which require more background checks on the clergy. Not that you would hear about that though. That's totally boring compared to hearing how the Church is one great and collective source of evil :roll:

[QUOTE="kuraimen"]First of all a thing like that already exists, it's IMF and the WTO. And second when was the last time the Catholic Church had a good idea? I think Jesus was their last credible representative and we are not even sure he would call himself a catholic.theone86

Well, it's not exactly the same. If the people behind those institutions had their way it would be the same, but they don't have quite as much power as this porposed institution would have. That being said, this is basically a proposal to expand their power over all of finance, and given their records I'm not exactly enthused at that prospect.

[QUOTE="kuraimen"]First of all a thing like that already exists, it's IMF and the WTO. And second when was the last time the Catholic Church had a good idea? I think Jesus was their last credible representative and we are not even sure he would call himself a catholic.Karnage108

[QUOTE="theone86"]

[QUOTE="kuraimen"]First of all a thing like that already exists, it's IMF and the WTO. And second when was the last time the Catholic Church had a good idea? I think Jesus was their last credible representative and we are not even sure he would call himself a catholic.kuraimen

Well, it's not exactly the same. If the people behind those institutions had their way it would be the same, but they don't have quite as much power as this porposed institution would have. That being said, this is basically a proposal to expand their power over all of finance, and given their records I'm not exactly enthused at that prospect.

Truer words have never been spoken.

So the church can control it?

LOL

Wasdie

thats kinda of immature thing for a mod to say.

lets hope to god its not a private bank

[QUOTE="Wasdie"]

So the church can control it?

LOL

dontshackzmii

thats kinda of immature thing for a mod to say.

Centralizing the world's money into one currency under the Catholic church could be seen as making the entire world's official religion Catholicism. Would that be so far fetched to think of?BranKetra

Is that what's being proposed here?

[QUOTE="BranKetra"]Centralizing the world's money into one currency under the Catholic church could be seen as making the entire world's official religion Catholicism. Would that be so far fetched to think of?Palantas

Is that what's being proposed here?

no its not

[QUOTE="Palantas"]

Is that what's being proposed here?

dontshackzmii

no its not

Giving the Vatican More Money....:?

If the Church becomes in control of my money then I will be the first person to launch nukes. I better start running for office now it seems.. this damn country has no nukes yet.Senor-Dweedle

omg this is not what its about at all read please.

[QUOTE="Senor-Dweedle"]If the Church becomes in control of my money then I will be the first person to launch nukes. I better start running for office now it seems.. this damn country has no nukes yet.dontshackzmii

omg this is not what its about at all read please.

Well this pairs perfectly with my threadI just started :) Thanks

http://www.gamespot.com/forums/topic/28911275/i-have-something-very-important-i-would-like-to-say...please-read?tag=topics%3Btitle

Pretty ironic that money is supposedly the root of all evil and yet they want a bank. Why do religious people always set a horrible image for themselves?:roll:

[QUOTE="Ace6301"]People around the world mad at banks? Make the biggest bank the world has ever seen! Vatican City, bastion of logic.weezyfb

this basically gives more munition for the 2nd division "the tin foil hat boys" to use against the global systems.. what dont act like it aint true!

The Catholic Church proposing an alternative to "institutions that have become outdated and often ineffective"...

Oh sweet, sweet irony.