by Jack Minor –
The Vatican has called for the establishment of a “global public authority” and “central world bank” to preside over all financial institutions.
The Document “Toward Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority” was released by the Vatican’s Justice and Peace Department on Oct. 24.
The document called for the creation of a “supranational authority” that would have “universal jurisdiction” to guide economic policies. It goes on to lament the wealth disparity among various nations.
“The inequalities within and between various countries have also grown significantly. While some of the more industrialized and developed countries and economic zones – the ones that are most industrialized and developed – have seen their income grow considerably, other countries have in fact been excluded from the overall improvement of the economy and their situation has even worsened.”
According to the document, Pope “Benedict XVI himself expressed the need to create a world political authority.” It recommends the system be set up under the United Nations. “It would seem logical for the reform process to proceed with the United Nations as its reference because of the worldwide scope of its responsibilities, its ability to bring together the nations of the world, and the diversity of its tasks and those of its specialized Agencies.”
Fundamentalist Christians have long stated a one world currency is necessary before the anti-Christ can assume power. Local pastors spoke out on the Vatican document.
Faith Bible Baptist Church, Pastor Matt Walters said during a Sunday morning message, “The Vatican has called for a one world currency system. This is just one more sign that Jesus is getting ready to return.”
Pastor Steve Grant, with Destiny Christian Center, agreed with Walters, “The Vatican’s desire for a super-government that oversees global financial transactions is misleading at best, and smacks of a global system of Biblical, anti-Christ proportions at worst. God grants liberty, not tyranny. Any religion, sect or cause that stands against that goes contrary to God and His Word.”
The Vatican document should please the Occupy Wall Street protestors who have called for stricter oversight of banking institutions.