The Pope’s Commo Economics Summit By Peter West

     Wow, the communists are crawling out of the woodwork now.
  https://affirmativeright.blogspot.com/2020/01/pope-francis-calls-marxist-economic.html

“As if there needs to be further evidence that the current occupant of St. Peter’s Chair in Rome is a Marxist, the announcement of an upcoming conference at Assisi entitled the “Economy of Francesco” should convince any skeptic otherwise. In his invitation letter to “young economists and entrepreneurs worldwide,” Bergoglio sets the agenda for the Leftist confab quite clearly which is virulently anti-market, a call for massive redistribution of wealth, and a reordering of the current economic systems of the world with a healthy dose of climate change nonsense.

According to the Vatican website:

. . . a different kind of economy: one that brings life not death, one that is inclusive and not exclusive, humane and not dehumanizing, one that cares for the environment and does not despoil it. While Bergoglio’s Marxist credentials have been firmly established, his blasphemous actions and words have led to a growing number -- even outside “sedevacantist circles” -- calling him a heretic. The illegitimacy of “Pope Francis,” however, is more fundamental than him being a manifest heretic. His standing as a legitimate pope is invalid because his ordination as a priest and his consecration as a bishop came under the new rites of Holy Orders instituted in the wake of the Second Vatican anti-Council (1962-1965). The mastermind behind Bergoglio’s summit is professor Luigino Bruni and from his comments he sounds more radical than the Argentine Apostate, if that is possible. Professor Bruni wants to use taxation as a weapon to “redistribute income and wealth from the rich to the poor.”

Bruni, a professor of political economy at the Italian University, LUMSA, and the author of a number of books, basis his advocacy for redistribution of wealth on the Scriptures:

[T]he Bible has many words to offer our economic life and ideas [with] the transformation of wealth into well-being. It appears that the good professor’s Bible is missing the Seventh Commandment of the Decalogue, which solemnly states: THOU SHALL NOT STEAL! In no legitimate commentary ever written on this Commandment is there an exception made for the confiscation of wealth from the well-to-do to be given to the poor. Probably just an oversight on the Professor’s part. Because they are blinded by socialistic ideology, Bruni, Bergoglio, and the likes of Bernie Sanders cannot see that the growing wealth inequality, which they complain about is not the result of “capitalism,” but is the outcome of the monetary policy of the world’s central banks. This, along with tax policies which hamper innovation and shield the entrenched financial class from competition, is why financial elites are able to maintain and increase their power. Central bank policy of suppressing interest rates and of money printing allows banks and financial institutions to receive “free money,” which they can invest and speculate with, at zero cost. The boom (actually a bubble) in asset prices on Wall Street is a demonstration of how wealth disparity takes place.

If Bergoglio really meant to reform the present system, he would call for the abolition of central banking and a return to “hard money.” Under such an order, banks and financial institutions become wealthy on their ability to make prudent investment decisions subjected to profit and loss. A free market in banking is the antithesis of the current system of credit expansion and money printing. Not only have Bergoglio and his cohorts abandoned the Faith, but they have also overturned the Church’s long-held condemnation of socialism, and have ignored many of its own outstanding thinkers on financial matters. From the Scholastics to the School of Salamanca through the Jesuits and the great Cardinal Cajetan, who finally taught the proper doctrine on interest rates, the Church has produced scores of eminent economic thinkers in its long history.”

     In the past the Catholic Church has stood its ground against socialism, recognising it as a godless form of materialism and humanism. But, since Vatican II, and the 1960s revolution, that has changed, and socialist thought has slowly replaced genuine Christianity.

 

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Thursday, 22 October 2020
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