Says out loud the things American politicians would never dare to say:
At a Vatican conference on ethical investments on Monday, the pope urged investors to put their money where their mouth is by choosing responsible lenders that focus on social good instead of profits. “It is important that ethics once again play its due part in the world of finance and that markets serve the interests of peoples and the common good of humanity,” Francis told the crowd.
“It is increasingly intolerable that financial markets are shaping the destiny of peoples rather than serving their needs, or that the few derive immense wealth from financial speculation while the many are deeply burdened by the consequences,” he added.
Why is the pope saying this now? Francis’ pronouncements are not far from what he’s said previously, but now he’s taking a particularly active approach to promote ethical investing, and for good reason.
His comments come at the heels of a global increase in food prices, which many have attributed to financial market speculation. According to the United Nations Food and Agriculture World Food Price Index, food prices jumped up 2.6% in February and 2.5% in March before easing in April and May, interrupting a 17-month decline.
Living up to his moniker as “the people’s pope,” Francis said he was concerned about how these financial tactics would impact the weakest and most vulnerable. “Speculation on food prices is a scandal which seriously compromises access to food on the part of the poorest members of our human family,” the pope said during the two-day symposium.
This Pope appears to be a pretty insightful Pope. The handwriting is on the wall for all those with eyes to see and ears to hear.
What the hell is this guy reading. He has not read his Ayn Rand, and is clearly not ready for prime time. The least he can do is watch a Gordon Gecko flick. It is inexcusable for the leader of all catholics, and moral compass for many more, to be ignorant of the fact that “greed is good.” Many of his bishops could instruct him. I’d suggest a week long retreat featuring a keynote duet by Lloyd and Jamie. He could wash their feet as penance.
Yeah Adam, surely you jest………………….(The powers that be are probably about to hire a hit man against Francis, and if I were him I’d make damn sure they tripled the strength of the pope-mobile glass. Oh, one other thing, keep that last pope dude in retirement and out of Francis’ shit.