Pope Calls For Global Authority And One World Bank – New World Order

pope-nwo

YourNewsWire      Posted Mon, Jan.02, 2017

The Vatican has called 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of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in controlling the masses.

A major document from the Vatican’s Justice and Peace department condemned what it called “the idolatry of the market” as well as a “neo-liberal thinking” that it said looked exclusively at technical solutions to economic problems.

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.

The economic and financial crisis which the world is going through calls everyone, individuals and peoples, to examine in depth the principles and the cultural and moral values at the basis of social coexistence,” it said.

“In fact, the crisis has revealed behaviors like selfishness, collective greed and hoarding of goods on a great scale,” it said, adding that world economics needed an “ethic of solidarity” among rich and poor nations.

“If no solutions are found to the various forms of injustice, the negative effects that will follow on the social, political and economic level will be destined to create a climate of growing hostility and even violence, and ultimately undermine the very foundations of democratic institutions, even the ones considered most solid,” it said.

It called for the establishment of “a supranational authority” with worldwide scope and “universal jurisdiction” to guide economic policies and decisions.

 Such an authority should start with the United Nations as its reference point but later become independent and be endowed with the power to see to it that developed countries were not allowed to wield “excessive power over the weaker countries.”

It said the International Monetary Fund (IMF) no longer had the power or ability to stabilize world finance by regulating overall money supply and it was no longer able to watch “over the amount of credit risk taken on by the system.”

The world needed a “minimum shared body of rules to manage the global financial market” and “some form of global monetary management.”

The world needed a “minimum shared body of rules to manage the global financial market” and “some form of global monetary management.”

“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,” it said.

The document, which was being presented at a news conference later on Monday, acknowledged that such change would take years to put into place and was bound to encounter resistance.

Full article here:   http://yournewswire.com/vatican-central-world-bank/

About ron abbass

Because of my last name, there are some who might think I'm a Muslim. I'm an older student of the bible and I regard myself as Christian-other. That is, I was baptized in a Torah-keeping assembly. I'm one who tries his best to follow Yayshua, the Messiah (Christ) by keeping the commandments, the dietary laws, the weekly Sabbath and the annual Sabbaths (Holy Days) instituted and ordained by the great I AM, the Creator-God of Israel. I reject the holidays and festivals invented by the Roman church. Truth-seeking is my present passion. Presently, I do a lot of research into the World Wars, the mass media, the Holocaust, Zionism, Health Issues, 9/11 and the power brokers who are behind the New World Order that is gradually being established mainly in the Western Nations. Many prognosticators (prophets) both secular and religious are warning us that we are living "On the Eve of Destruction" - the last days. There's a very good chance a nuclear tsunami will eventually visit many nations. Peace and blessings to all who love the truth and hate the lies.
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