The Vatican is getting pretty radical in its old age. Their Justice and Peace Department issued a report today entitled: “Towards Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority.” It’s kind of far to the left.
It called for the establishment of “a supranational authority” with worldwide scope and “universal jurisdiction” to guide economic policies and decisions.
Asked at a news conference if the document could become a manifesto for the movement of the “indignant ones”, who have criticised global economic policies, Cardinal Peter Turkson, head of the Vatican’s Justice and Peace department, said: “The people on Wall Street need to sit down and go through a process of discernment and see whether their role managing the finances of the world is actually serving the interests of humanity and the common good. “We are calling for all these bodies and organisations to sit down and do a little bit of re-thinking.”
The Wall Street traders are wondering why in the hell they should be worried about the interests of humanity. They’re trying to make a buck.
