Cardinal Peter Turkson on Bank Separation in Frankfurter Allgemeine Zeitung


LaRouche Irish Brigade

The German paper Frankfurter Allgemeine Zeitung (FAZ) today carried a very important article. They interviewed Cardinal Peter Turkson, head of the Pontifical Council on Justice and Peace,who came out for bank separation Readers of this website know that  the reinstatement of the FDR Glass-Steagall Act will best accomplish bank separation. Here is a partial translation of the FAZ article:

The interview (headline “What Portugal goes through, is normal for developing countries”) starts off with a quote by Pope Francis on the “invisible tyranny of the markets” and the “new dance around the Golden Calf”. Asked on his view, Cardinal Turkson agrees “Of course the pope is right. Since 2008 we are living with the financial crises and nothing indicated that it disappears soon. To the opposite, one nation after the other is going to its knees. For how long do we want to watch this?”
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About Old Boy

Love the past and the future but live in the present

Posted on July 16, 2013, in Uncategorized. Bookmark the permalink. Leave a comment.

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