The Vatican has today issued a document calling for a financial institution with global authority.
The document, ‘Towards reforming the international financial and monetary systems in the context of global public authority’, issued by the Vatican says ‘In fact, one can see an emerging requirement for a body that will carry out the functions of a kind of “central world bank” that regulates the flow and system of monetary exchanges similar to the national central banks.’
The call is made against a picture that the piece paints of a current economic system that has failed the vast majority of the people of the world. This was exacerbated by the liberalist stance taken it goes on.
“A liberalist approach, unsympathetic towards public intervention in the markets, chose to allow an important international financial institution to fall into bankruptcy, on the assumption that this would contain the crisis and its effects. Unfortunately, this spawned a widespread lack of confidence and a sudden change in attitudes. Various public interventions of enormous scope (more than 20% of gross national product) were urgently requested in order to stem the negative effects that could have overwhelmed the entire international financial system.”
It also says that the International Monetary Fund is no longer up to the job. The IMF ‘…has lost an essential element for stabilizing world finance, that of regulating the overall money supply and vigilance over the amount of credit risk taken on by the system. To sum it up, stabilizing the world monetary system is no longer a “universal public good” within its reach.’
The dangers of the growing reliance on technology are also pointed out.
“In this context Benedict XVI's encyclical warns about the dangers of the technocracy ideology: that is, of making technology absolute, which “tends to prevent people from recognizing anything that cannot be explained in terms of matter alone” and minimizing the value of the choices made by the concrete human individual who works in the economic-financial system by reducing them to mere technical variables.”
This could be seen as something to be welcomed by the “Occupy” movement. But they are already railing against huge global behemoths. Would the establishment of another even more powerful global entity actually help?
Surely what we really need is smaller, better run financial institutions operating for the benefit of their local communities and controlled by local stakeholders.
A world financial authority would have about as much success in controlling global finances as one church would have in regulating all of the world’s religions.
Especially when the Earth’s most powerful religion is that of money itself.
This is scary. This is the beginnings of a one-world control system… one single world currency. It will be called for by many prominent world figures. The global economic crisis has been brought on in order for us to cry out to be saved, and the 'solution' is provided. The solution is just another nail in the coffin for real freedom. And as everything becomes electronic, done on computers, everything will be tracked. The next stage is global population microchipping… the microchips implanted inside of us and being our only means to buy and sell.,, our only means to live! If we go against the mainstream… if we protest in any way… we will have it turned off.
Wake up people!
Have I got this right? The one organisation that knows full well that there will be a 'single world financial system' in place in the end times is calling for one to be put in place?
Are they hoping to hurry the project along a bit? If so they seem to have the same aims as the Iranians do.
Scriptural prophecy now fulfilled. Bring it on. The one world bank, the reintroduction of the gold standard, the establishment of the one world government, the one world church, (cult) with Foundation X, the vatican, at the top of the ladder.
This is the final sign, the persecution is beginning, the tribulation commences and Rome rules.
Well said John R.Nolan……
If you think the above story is frightening please read what is written below.
†New World Order â€" so it really does exist †and it started in the 1700’s books have been written about it and films made.
The video below gives an over view of this organisation and its history; what is said is still true today, remember this was made in 1960!
The Capitalist Conspiracy.
Edward Griffin â€" The Capitalist Conspiracy: An Inside view of International Banking Written and narrated by G. Edward Griffin (1960’s) An old film, made sometime in the 60’s. This is an adaptation of a documentary filmstrip tracing the history of a small group of people who control the money systems of the world. It shows how this group is protected by governments and how its wealth is derived by creating money out of nothing. We see how this group wields power through government, foundations, education, and the mass media. It has aided such regimes as Russia and China, not because it is pro-Communist, but because a visible enemy and the threat of war have been useful in persuading the masses to embrace the group’s ultimate goal: a world government which they expect to control from behind the scenes. They are now working to replace fear of nuclear war with fear of global pollution as the motivation for world government. It is clear that the plan revealed in this program continues to unfold. Monopoly is not an outgrowth of capitalism. Monopolists lobby for laws that give them advantages in the market place. Monopoloy is not based on free-enterprise competition, but the escape from it. It is not the product of capitalism but the bedfellow of socialism
http://video.google.com/videop…
Here is the You Tube web link to the above story.
Capitalist Conspriracy – G Edward Griffin.
http://www.youtube.com/watch?v=zPOIOUq2eBY