Pope s Year of St Joseph should have special meaning in Philadelphia inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.
By John Horvat II | December 17, 2020 | 11:33am EST
Lynn Forester de Rothschild is the founder of the Council for Inclusive Capitalism with the Vatican. (Photo credit: BERTRAND GUAY/AFP via Getty Images)
Socialism has failed worldwide because it uses the government’s brutal power to force people into its anti-natural program against private property. It also suppresses the social, economic and religious forces that are the natural defenses against its destruction.
However, the ideological virus has the uncanny ability to mutate. When one plan shipwrecks, its ideologues merely repackage it into a new appeal to the masses with different class struggles coopting new proletariats. Socialists also enlist the suicidal help of those who stand to lose the most when a revolution happens.
Pope’s deep-pocket friends may explain sangfroid about money woes
Pope Francis meets the Council for Inclusive Capitalism in November 2019. (Credit: Vatican Media.)
Does anyone seriously believe that the pope’s new corporate BFFs, with $10.5 trillion in assets at their disposal, couldn’t help cover a $60 million deficit in a pinch?
News Analysis
ROME – Sometimes when two apparently unrelated stories happen at the same time, the intersection offers a reminder that neither development can truly be understood without the other. Such has been the case in recent days with regard to the fairly bleak situation facing Vatican finances.
On Tuesday, the Vatican’s Council for the Economy held an online meeting to discuss not only the 2020 deficit, which is expected to be more than $60 million, in part due to coronavirus-related shortfalls but also the looming crisis in unfunded pension obligations. That conversation came just a few days after a new partnership was announced calle
LIVE Guardians News | One News Page onenewspage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onenewspage.com Daily Mail and Mail on Sunday newspapers.
By John Horvat II | December 17, 2020 | 11:33am EST
Lynn Forester de Rothschild is the founder of the Council for Inclusive Capitalism with the Vatican. (Photo credit: BERTRAND GUAY/AFP via Getty Images)
Socialism has failed worldwide because it uses the government’s brutal power to force people into its anti-natural program against private property. It also suppresses the social, economic and religious forces that are the natural defenses against its destruction.
However, the ideological virus has the uncanny ability to mutate. When one plan shipwrecks, its ideologues merely repackage it into a new appeal to the masses with different class struggles coopting new proletariats. Socialists also enlist the suicidal help of those who stand to lose the most when a revolution happens.