The Pope addressing the UN reiterated the Catholic prohibition of usury, defined as charging any interest at any rate for any period of time. Most of the anger directed by right wing Catholics, the name calling, etc, is based on his maintaining this eternal teaching.
What makes a Catholic is a relationship to a body of teaching (since all Christianity is one), and most Catholics relation to the teaching of the Church on matters of morals is rejection. Nonetheless, the better way stands on offer.
Feel free to forward this by email to three of your friends.
The need for greater equity is especially true in the case of those bodies with effective executive capability, such as the Security Council, the Financial Agencies and the groups or mechanisms specifically created to deal with economic crises. This will help limit every kind of abuse or usury, especially where developing countries are concerned. The International Financial Agencies are should care for the sustainable development of countries and should ensure that they are not subjected to oppressive lending systems which, far from promoting progress, subject people to mechanisms which generate greater poverty, exclusion and dependence.The heart of the economic disequilibrium is centered on usury. Everyone agrees interest rates matter, but whether they do harm depends on whose ox is gored.
What makes a Catholic is a relationship to a body of teaching (since all Christianity is one), and most Catholics relation to the teaching of the Church on matters of morals is rejection. Nonetheless, the better way stands on offer.
Feel free to forward this by email to three of your friends.
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