Vatican newspaper hails Swiss-US bank deal

Enrique

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-17-09 01:09 PM
Original message

Vatican newspaper hails Swiss-US bank deal

I think it's interesting (and good) that the Pope is weighing in on this kind of thing.

http://www.google.com/hostednews/ap/article/ALeqM5gtY1h8lBJmbW8b7pjzgOtTvojQOgD9A24AVO0

Vatican newspaper hails Swiss-US bank deal

(AP) – 4 days ago

VATICAN CITY — The Vatican's newspaper on Thursday praised as a step toward "ethical finance" a deal announced by the Swiss and U.S. governments to settle American demands for the identities of suspected tax dodgers.

L'Osservatore Romano said the deal marks "significant progress in the fight against tax evasion and in the direction of a more controlled finance."

It is "a step forward toward that model of ethical finance described by (Pope) Benedict XVI," Osservatore wrote.

Benedict last month published an encyclical calling for a new world financial order guided by ethics, denouncing the profit-at-all-cost mentality blamed for causing the global financial meltdown.

(...)

Printer Friendly | Permalink | | Top

crim son

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-17-09 01:15 PM
Response to Original message

1. I find it odd too.

But I guess the Church has had to come face to face with financial matters these past several years and so the Pope thinks he's qualified to make a statement. Odd.

Printer Friendly | Permalink | | Top

defendandprotect

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-17-09 01:19 PM
Response to Original message

2. Odd . . . how heavily invested is the Vatican in any bank ... we don't know . . .

This is another organization operating in secret with octopus like

presence over the globe.

Printer Friendly | Permalink | | Top

HeresyLives

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-17-09 01:30 PM
Response to Original message

3. Wait'll the Vatican Bank

gets investigated. He won't be so happy then.

Printer Friendly | Permalink | | Top

Enrique

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-17-09 01:51 PM
Response to Reply #3

4. investigated for what? n/t

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Tue Apr 23rd 2024, 09:16 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.