24 October 2011

This is a blog item that needs to be converted to the new Bliki format

Vatican calls for Central World Bank

Just like clock-work, the Vatican offers to save the world with just what we're all asking for - financial transaction tax and moral foundation to global finance. The document is not binding and is not by the pope himself, but may well be a sign of what's to come - the Vatican playing the "good cop" to come and solve all our problems. It's important that we, the people, the 99%, understand clearly that we need to organise from the bottom up to transcend the global problems we face today. A single authority, no matter how well-dressed its promises may be, is just another oligarchy to replace the current one.

• Note on financial reform from the Pontifical Council for Justice and Peace
• Original Italian version
• PDF at scribd.com