PopeWatch: Mammon Regulation

Because the Vatican does such a good job regulating its finances:

 

Pope Francis is asking Catholics to pray throughout May for the regulation of financial markets to “protect citizens from its dangers.”

“How far is the world of big finance from most people’s lives. Finance, if not regulated, becomes pure speculation animated by monetary policies. This situation is unsustainable. It’s dangerous,” Pope Francis said in a video message released May 4.

“To prevent the poor from paying the consequences again, financial speculation must be strictly regulated.”

Go here to read the rest.  Politicians and the clergy.  The clergy and politicians.  PopeWatch is unsure which group should be trusted least when it comes to money.

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Michael Dowd
Michael Dowd
Thursday, May 6, AD 2021 3:58am

Yes Papa Bergoglio, works just like your regulation of morals—for the benefit of those in power.

Frank
Frank
Thursday, May 6, AD 2021 6:23am

Does this man ever talk about the salvation of souls?

“You had one job…”

Art Deco
Thursday, May 6, AD 2021 6:45am

I think the first piece of federal legislation regulating capital markets in this country was enacted in 1926. The Pope doesn’t know much.

Lucius Quinctius Cincinnatus
Thursday, May 6, AD 2021 7:42pm

I will pray for deregulation and free enterprise. I will also pray that somehow that Marxist Peronist Caudillo gets deposed, anathematized and exiled to a monestary somewhere in the Andes mountains to live the remainder of his days in penance and mortification.

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