Saturday, November 30, 2013

Globe Pi$$es on Pope

That can be the only explanation for the censorship:

"Pope Francis denounces ‘trickle-down’ economic theories in critique of inequality" by Zachary A. Goldfarb and Michelle Boorstein  /  Washington Post /  November 26, 2013

Pope Francis on Tuesday sharply criticized growing economic inequality and unfettered markets in a lengthy paper outlining a populist philosophy that he says will guide his papacy as he pushes the Catholic Church to reach out more, particularly to the disenfranchised.

I hope this guy has food tasters.

Using sharply worded phrases, Francis decried an ‘‘idolatry of money’’ and warned it would lead to ‘‘a new tyranny.’’

Already has.

And he invoked language with particular resonance in the United States, attacking an economic theory most affiliated with conservatives that discourages taxation and regulation.

‘‘Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world,’’ Francis wrote in the papal statement. Full story for BostonGlobe.com subscribers.

Yeah, except when you go there you get this:

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 Nor is it on the day's website (even though in my printed paper), thus I am forced to search the web:

“This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacra­lized workings of the prevailing economic system.”

“Meanwhile,” he added, “the excluded are still waiting.”

Although Francis has previously raised concerns about the growing gap between the wealthy and the poor, the direct reference to “trickle-down” economics in the English translation of his statement is striking.

The phrase has often been used derisively to describe a popular version of conservative economic philosophy that argues that allowing the wealthy to run their businesses unencumbered by regulation or taxation bears economic benefits that lead to more jobs and income for the rest of society.

Sounds good, but they only meant big bu$ine$$ and corporations there. 

Liberals and Democratic officials have rejected the theory, saying it is contradicted by economic evidence....

Their theory of prosperity through taxation has also been discredited.

And then the piece also becomes some sort of twisted and censored pos, much like the church. Pope mu$t have hit some nerves.

--more--"

Related: Winds of Change in the Church 

Blowing in the wrong direction, 'eh?