He shall stretch forth his hand also upon the countries: and the land of Egypt (secular world)
shall not escape. But he shall have power over the treasures of gold and of silver, (money) and over all
the precious things of Egypt (secular world):
Daniel 11:42,43
And that no man might buy or sell, save he that had the mark, or the name of the
beast, or the number of his name.
Revelation 13:17
"VATICAN CITY -- The Vatican called Monday for radical reform of the world's financial systems, including the creation of a global political authority to manage the economy.
A proposal by the Pontifical Council for Justice and Peace calls for a new world economic order based on ethics and the "achievement of a universal common good." It follows Pope Benedict XVI's 2009 economic encyclical that denounced a profit-at-all-cost mentality as responsible for the global financial meltdown.
The proposal acknowledges, however, that a "long road still needs to be traveled before arriving at the creation of a public authority with universal jurisdiction" and suggests the reform process begin with the United Nations as a point of reference.
Vatican pronouncements on the economy are meant to guide world leaders as well as the global church. United States Roman Catholic bishops, for example, have released a voter guide for the 2012 election that highlights social concerns such as ending poverty.
While past Vatican pronouncements have condemned unfettered capitalism, the latest criticized "an economic liberalism that spurns rules and controls."
It also attacked "utilitarian thinking," saying what is useful to the individual does not always favor the common good."
FOX News
