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The Vatican Calls for Global Usury

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Postby zoltan2 » Thu Oct 27, 2011 8:32 am

By Richard Spencer
Monday, 24 October 2011

Beginning with the Council of Nicaea, the Catholic Church has forbidden usury, in some way or form, for most of its history. (And usury was most often strictly defined as charging any kind of interest on a loan (“making money from money”), and not simply charging excessive interest, as the term is used today.)

For centuries, the money-lender was forbidden a Christian burial. One of the most consequential effects of this was that Europe’s Jews filled this tabooed market niche, resulting in intense resentment on the part many Christians...and unfathomable power for certain Jewish families, Frankfurt’s House of Rothschild being the most (in)famous.

The Church, of course, eventually came to terms with finance in its own way, as evidenced by the Papal Coronation of Leo X—formerly Giovanni di Lorenzo de' Medici.

Whatever the twists and turns of this history might be, it remains deeply ironic that in 2011, the Vatican has explicitly called for the creation of a massive new usurious bank with “universal jurisdiction.”

From Reuters:

The Vatican called on Monday 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of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. The document from the Vatican’s Justice and Peace department should please the “Occupy Wall Street” demonstrators and similar movements around the world who have protested against the economic downturn.

“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.

It 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. “In fact, the crisis has revealed behaviours 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.

Three points.

1) Contrary to what is reported, I don’t think the Vatican’s call will have any appeal to Occupy Wall Street, and not simply due to anti-Catholic bigotry. To the OWSs credit, they are unitedly anti-Federal Reserve System (from what I can tell, at least). I’ve seen many signs reading something to the effect,“Congress should issue currency, not the banking system!” The prospect of a Global Bernanke would likely horrify them.

2) Don’t we already have the World Bank and IMF? Does the Pope want a Universe Bank that would make loans to the World Bank?

3) The Vatican’s Note laments the great concentration of wealth in the financial sector—certainly a valid concern! And yet, this has occurred in the context of a global system of Central Banking, and one in which the U.S. Fed, which has loaned trillions to foreign banks, has acted very much like the “global authority” the Vatican describes. Indeed, the Goldman Sachses and Citigroups of this world would have been blessedly destroyed in 2008 (or at least dramatically weakened) were it not for The Bernanke’s ability to bail them out through money creation.

The secondary irony of all this is that, much as the Church unwittingly empowered non-Christians (that is, the Jews) through its forbiddance of usury in the Middle Ages, if its latest plan were enacted, the clear winners would be...the Banksters, who would go wild with a global bank blessed by the Holy Father.

Bellow is a translation of a meaty section from the Vatican’s Note (which is worth reading in its entirety, by the way, as it offers an intelligent recounting of recent economic history):

On the way to building a more fraternal and just human family and, even before that, a new humanism open to transcendence, Blessed John XXIII’s teaching seems especially timely. In the prophetic Encyclical Pacem in Terris of 1963, he observed that the world was heading towards ever greater unification. He then acknowledged the fact that a correspondence was lacking in the human community between the political organization “on a world level and the objective needs of the universal common good”. He also expressed the hope that one day “a true world political authority” would be created.

In view of the unification of the world engendered by the complex phenomenon of globalization, and of the importance of guaranteeing, in addition to other collective goods, the good of a free, stable world economic and financial system at the service of the real economy, today the teaching of Pacem in Terris appears to be even more vital and worthy of urgent implementation.

In the same spirit of Pacem in Terris, Benedict XVI himself expressed the need to create a world political authority. This seems obvious if we consider the fact that the agenda of questions to be dealt with globally is becoming ever longer. Think, for example, of peace and security; disarmament and arms control; promotion and protection of fundamental human rights; management of the economy and development policies; management of the migratory flows and food security, and protection of the environment. In all these areas, the growing interdependence between States and regions of the world becomes more and more obvious as well as the need for answers that are not just sectorial and isolated, but systematic and integrated, rich in solidarity and subsidiarity and geared to the universal common good.

As the Pope reminds us, if this road is not followed, “despite the great progress accomplished in various sectors, international law would risk being conditioned by the balance of power among the strongest nations.”

Later today, the Catholic conserva-sphere will, no doubt, issue forth blogs and articles about how the Vatican doesn’t really mean what everyone thinks it means, or that global government would be enacted in accordance with the Church’s concept of Subsidiarity, which balances human freedom and solidarity, etc.

But let’s just take the Vatican at its word. It sounds like it wants a New World Order to me!
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Postby orangetom1999 » Sun Oct 30, 2011 9:58 am

The Vatican is continually showing, as they have done in History Past, the very name of their god...

The god of this world.

Many times the Vatican has tried to keep up the "Appearances" of Being Christian..but to those who know history and can track this as compared to the Word...the Vatican has been anything but Christian. Does this mean that every Catholic is not Christian or going to hell..no it does not. It means that the Vatican leadership are merely PHarisees ..in this case...Hellenic Pharisees with a background from the Greeks verses Judiac Pharisees with a background from the Hebrew Talmudic Corruption.

Which corruption do you want..Hellinic Corruption or Judiac Corruption of the Hebrews??

Oh..and the Vatican is not the only Church doing this...they have today and have had in the past competition from others in this World view. The view of the God of this World.


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Postby greeney2 » Sun Oct 30, 2011 11:51 am

Many times the Vatican has tried to keep up the "Appearances" of Being Christian..but to those who know history and can track this as compared to the Word...the Vatican has been anything but Christian.


Just about every other Christian Religion you could make the same statement about. Come to think about it, most non-Christian religions keep up appearances, and end up anything but too. :D


Does this mean that every Catholic is not Christian or going to hell..no it does not.


I know you will put in a good word for us. :lol:
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Postby orangetom1999 » Sun Oct 30, 2011 1:42 pm

greeney2 wrote:
Many times the Vatican has tried to keep up the "Appearances" of Being Christian..but to those who know history and can track this as compared to the Word...the Vatican has been anything but Christian.


Just about every other Christian Religion you could make the same statement about. Come to think about it, most non-Christian religions keep up appearances, and end up anything but too. :D


Does this mean that every Catholic is not Christian or going to hell..no it does not.


I know you will put in a good word for us. :lol:


Agree...the key word here is Nicolaitianism. Are they in their workings Nicolaitian ...which the Lord says He hates.

My Father is Catholic...and tried to raise us in the Catholic Church but for some reason he stopped taking us at some point early in our lifes. My mother is Lutherain..German Lutheran.

I remember my older sister coming back to the pews with that wafer in her mouth. I used to nag here to give me a piece of it. I wanted to know with childish curiosity what it tasted like. Alas I've never tried one to this day.

After stopping us going to church..my parents never again pushed religion on us or took us to a church.

What I know I've learned on my own and through Elders in the Olde School Baptists.

And we as Believers do not determine who goes to Heaven or Hell. That is between the individual and God..not the individual and me. Such is not my jurisdiction. Nor does a priest or Rabbi or anyone else get me saved or condemmed. They can declare what is in God's Word..but they do not save or condem me or anyone else.
Any Christian or Believer who tells you different is lying or badly informed or taught. And there are many of them out here.


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Postby bionic » Sun Oct 30, 2011 5:05 pm

the thing about money..is that it is simply a concept..it represents goods/or services..

it is a representation of trade..actula trade one good or service traded for another

the idea was bound to eventually fail from the start..if you think about it..becaus it is based on an illusion

"let's pretend this is a good or service"
Willie Wonka quotes..
What is this Wonka, some kind of funhouse?
Why? Are you having fun?
A little nonsense now and then is relished by the wisest men.
We are the music makers, we are the dreamers of dreams
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Postby zoltan2 » Mon Oct 31, 2011 6:34 am

The Institute for Works of Religion is the name for the Vatican Bank, is a private run Bank inside Vatican City run by a professional bank.
The CEO reports directly to a committee of cardinals and the pope.

It was involved in a major political and financial scandal in the 1980s over billions of dollars and with the collapse of Banco Ambrosiano, which the Vatican Bank was a major shareholder. The CEO, Archbishop Paul Marcinkus although never tried was though of as an accessory to the bankruptcy of the bank because he had diplomatic immunity being a high-ranking prelate of the Vatican.

The Institute is a successful and profitable bankit had had invested over US$10 billion in foreign companies. Vatican authorities hired Michele Sindona as a financial adviser, despite who was responsible for bringin tremondous amount of money from laundering the Gambino crime family's heroin money (taking a 50% cut) through a shell corporation called "Mabusi". Roberto Calvi, who managed the Banco Ambrosiano with Sindona for the Vatican Bank manged the laundering .

I wonder what Jesus would say about the Vatican. Far cry from his teachings

Vatican Bank mired in laundering scandal

http://www.usatoday.com/news/world/2010 ... bank_N.htm

From the above link
court documents show that prosecutors say the Vatican Bank deliberately flouted anti-laundering laws "with the aim of hiding the ownership, destination and origin of the capital." The documents also reveal investigators' suspicions that clergy may have acted as fronts for corrupt businessmen and Mafia.

The documents pinpoint two transactions that have not been reported: one in 2009 involving the use of a false name, and another in 2010 in which the Vatican Bank withdrew $860,000 from an Italian bank account but ignored bank requests to disclose where the money was headed.

The new allegations of financial impropriety could not come at a worse time for the Vatican, already hit by revelations that it sheltered pedophile priests. The corruption probe has given new hope to Holocaust survivors who tried unsuccessfully to sue in the United States, alleging that Nazi loot was stored in the Vatican Bank.

Yet the scandal is hardly the first for the centuries-old bank. In 1986, a Vatican financial adviser died after drinking cyanide-laced coffee in prison. Another was found dangling from a rope under London's Blackfriars Bridge in 1982, his pockets stuffed with money and stones. The incidents blackened the bank's reputation, raised suspicions of ties with the Mafia, and cost the Vatican hundreds of millions of dollars in legal clashes with Italian authorities.

On Sept. 21, financial police seized assets from a Vatican Bank account at the Rome branch of Credito Artigiano SpA. Investigators said the Vatican had failed to furnish information on the origin or destination of the funds as required by Italian law.

The bulk of the money, $26 million, was destined for the American JP Morgan bank branch in Frankfurt, Germany, with the remainder going to Banca del Fucino, an Italian bank.

Prosecutors alleged the Vatican ignored regulations that foreign banks must communicate to Italian financial authorities where their money has come from. All banks have declined to comment.

In another case, financial police in Sicily said in late October that they had uncovered money laundering involving the use of a Vatican Bank account by a priest in Rome whose uncle was convicted of Mafia association.

Authorities say some money, illegally obtained from the regional government of Sicily for a fish breeding company, was sent to the priest by his father as a "charitable donation," then sent back to Sicily from a Vatican Bank account using a series of home banking operations to make it difficult to trace.

The prosecutors' office stated in court papers last month that while the bank has expressed a "generic and stated will" to conform to international standards, "there is no sign that the institutions of the Catholic church are moving in that direction." It said its investigation had found "exactly the opposite."

Legal waters are murky because of the Vatican's special status as an independent state within Italy. This time, Italian investigators were able to move against the Vatican Bank because the Bank of Italy classifies it as a foreign financial institution operating in Italy. However, in one of the 1980s scandals, prosecutors could not arrest then-bank head Paul Marcinkus, an American archbishop, because Italy's highest court ruled he had immunity.

Marcinkus, who died in 2006 and always proclaimed his innocence, was the inspiration for Francis Ford Coppola's character Archbishop Gilday in "Godfather III."

The Vatican has pledged to comply with EU financial standards and create a watchdog authority. Gianluigi Nuzzi, author of "Vatican SpA," a 2009 book outlining the bank's shady dealings, said it is possible the Vatican is serious about coming clean, but he is not optimistic.

"I don't trust them," he said. "After the previous big scandals, they said 'we'll change' and they didn't. It's happened too many times."

He said the structure and culture of the institution is such that powerful accountholders can exert pressure on management, and some managers are simply resistant to change.

The list of accountholders is secret, though bank officials say there are some 40,000-45,000 among religious congregations, clergy, Vatican officials and lay people with Vatican connections.

The bank chairman is Ettore Gotti Tedeschi, also chairman of Banco Santander's Italian operations, who was brought in last year to bring the Vatican Bank in line with Italian and international regulations. Gotti Tedeschi has been on a very public speaking tour extolling the benefits of a morality-based financial system.

"He went to sell the new image ... not knowing that inside, the same things were still happening," Nuzzi said. "They continued to do these transfers without the names, not necessarily in bad faith, but out of habit."

It does not help that Gotti Tedeschi himself and the bank's No. 2 official, Paolo Cipriani, are under investigation for alleged violations of money-laundering laws. Both were questioned by Rome prosecutors on Sept. 30, although no charges have been filed.

In his testimony, Gotti Tedeschi said he knew next to nothing about the bank's day-to-day operations, noting that he had been on the job less than a year and works at the bank only two full days a week.

According to the prosecutors' interrogation transcripts obtained by AP, Gotti Tedeschi deflected most questions about the suspect transactions to Cipriani. Cipriani in turn said that when the Holy See transferred money without identifying the sender, it was the Vatican's own money, not a client's.

Gotti Tedeschi rejected a request for an interview but said by e-mail that he questioned the motivations of prosecutors. In a speech in October, he described a wider plot against the church, decrying "personal attacks on the pope, the facts linked to pedophilia (that) still continue now with the issues that have seen myself involved."

As the Vatican proclaims its innocence, the courts are holding firm. An Italian court has rejected a Vatican appeal to lift the order to seize assets.

The Vatican Bank was founded in 1942 by Pope Pius XII to manage assets destined for religious or charitable works. The bank, located in the tower of Niccolo V, is not open to the public, but people who use it described the layout to the AP.

Top prelates have a special entrance manned by security guards. There are about 100 staffers, 10 bank windows, a basement vault for safe deposit boxes, and ATMs that open in Latin but can be accessed in modern languages. In another concession to modern times, the bank recently began issuing credit cards.

In the scandals two decades ago, Sicilian financier Michele Sindona was appointed by the pope to manage the Vatican's foreign investments. He also brought in Roberto Calvi, a Catholic banker in northern Italy.

Sindona's banking empire collapsed in the mid-1970s, and his links to the mob were exposed, sending him to prison and his eventual death from poisoned coffee. Calvi then inherited his role.

Calvi headed the Banco Ambrosiano, which collapsed in 1982 after the disappearance of $1.3 billion in loans made to dummy companies in Latin America. The Vatican had provided letters of credit for the loans.

Calvi was found a short time later hanging from scaffolding on Blackfriars Bridge, his pockets loaded with 11 pounds of bricks and $11,700 in various currencies. After an initial ruling of suicide, murder charges were filed against five people, including a major Mafia figure, but all were acquitted after trial.

While denying wrongdoing, the Vatican Bank paid $250 million to Ambrosiano's creditors.

Both the Calvi and Sindona cases remain unsolved.
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Postby orangetom1999 » Mon Oct 31, 2011 6:57 am

P2...Zoltan2...Your talking about the Vatican Bank and its connections to P2 Roberto Calvi and others.

The Federal Reserve and its member commercial banks of Wall Street and the Bank of England and subsidiaries have the same type of connection as does the Vatican Bank.

Many of the large commercial banks of many companies have been implicated in money laundering for the drug merchants as well as governments.

There is talk in certain circles here in America of the Department of Housing and Urban Development..HUD being involved in money laundering for drug merchants through the insurance side of the house. If true..talk about corruption in high places.

I do not believe the situation has changed with the Vatican Bank and P2 today. They have only changed their public face...chameleon like. Behind the scenes it is business as usual.

It will be the same with the Federal Reserve. It is my belief that the Federal Reserve and its member commercial banks are only extensions of the Bank of England and have been since the United States secretly gave up the Monroe Doctrine and began to follow a world template under Teddy Roosevelt instead of an American Template.

Since then we have become Boot Lackeys for these banks and their global investments ..often going to war to shore up their markets when plans go bad or as planned.

The tell tale sign of this is that we spend millions and now billions and trillions on wars..but we do not bring home any spoils.

"To the Victors Go the Spoils"

This does not happen to and for us as a nation..but we expend millions, billions, and now trillions for someone elses spoils. You have to go to school and become educated to become so dumb that you cannot see this fingerprint from what passes for leadership now days.

The true history of this world is the one never spoken about or seldom written about with accuracy.

That history is the world of banking, insurance and its relationship to geo politics/world trade. Not what we are spoon fed in public schools as history

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Postby zoltan2 » Mon Oct 31, 2011 10:34 am

The planet is really in a sad state.
You cannot trust anyone.
And people are dying for the wealth of the elite that have no conscience.
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Postby bionic » Wed Nov 02, 2011 7:20 pm

The Federal reserve, an old online friend of mine (EoP) taught me all about that..the sham that it is..a control mechanism..yeah..I still remember
Willie Wonka quotes..
What is this Wonka, some kind of funhouse?
Why? Are you having fun?
A little nonsense now and then is relished by the wisest men.
We are the music makers, we are the dreamers of dreams
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Postby frrostedman » Sat Dec 10, 2011 11:56 pm

zoltan2 wrote:The planet is really in a sad state.
You cannot trust anyone.
And people are dying for the wealth of the elite that have no conscience.


"Dying for the wealth of the elite."

In any global monetary or political system imaginable, there will always, always be "elites." Because there are folks out there who have more power and money than others shouldn't come as any surprise to anyone. Remove an elite and 1 or 2 more take its place.
Every one who is seriously involved in the pursuit of science becomes convinced that a spirit is manifest in the laws of the Universe-a spirit vastly superior to that of man. - Albert Einstein
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