Pope Francis on Board with Global Bankruptcy


Friends – I intended to include mention of the pope’s call for global bankruptcy in yesterday’s “Event” post, as it is all connected. The Vatican has long been aware of the events unfolding currently (they’ve known about ‘the wave’ for a lonnggg time), and Pope Francis seems destined to be one of the world leaders preparing “the flocks” for the huge shifts we are now entering – socially, culturally, spiritually, and cosmically. I’m adding these two articles as an addendum to the Event post, in case this tidbit escaped your notice when it came out eleven days ago. It will be interesting to see what unfolds when he visits Washington DC in September.

Also I mention, in case you are new to all this, that countries are now typically organized as CORPORATIONS, not (ie as commonly believed re: the USA) “democracies.” This “re-org” of nations has largely been kept hidden from the people (big surprise!). This fact alone has paved the way for more atrocities than we even dare imagine (but ARE now coming out), which is such a loaded topic I can’t even *start in* on it here. It’s ALL been about profit (funneled to the elite of course), not respect for Life… or even decency. The pope’s mention of ‘corporate bankruptcy’ at the top of the following story prompted me to mention this.

We are on the move! Please hold the intention for smooth transitions to a healed world—healed lives, healed Gaia, healed future.  MAY ALL BE BLESSED.  ~Whitehawk

Two articles follow:


Pope Francis Calls for Global Bankruptcy Process

pope-francis-endorses-use-of-force-against-isis-in-iraqWASHINGTON – Pope Francis called for an international bankruptcy process in a news conference as he left Latin America on Monday. According to the Associated Press, when asked about the Greek debt crisis, Francis stated, “If a company can declare bankruptcy, why can’t a country do so and we go to the aid of others?” Francis offered further comments noting that too many countries are struggling with high debts and he suggested a United Nations bankruptcy proposal could be the solution.‎

“Pope Francis knows that heavy debt loads cause poverty and inequality,” said Eric LeCompte, who consulted the Vatican on its position. LeCompte is the head of the religious development organization Jubilee USA Network. “The Pope’s statement is a logical extension of the Catholic Church’s strong support of debt relief for struggling countries.”

Last year, LeCompte led a delegation of global Jubilee organizations to advise Vatican Secretary of State Cardinal Pietro Parolin on the need for a bankruptcy process to address inequality. The Catholic Church is a founder of Jubilee USA and supports its efforts to win debt relief for struggling countries.

In September of 2014, the United Nations General Assembly voted 124-11 to develop the bankruptcy process that Pope Francis referenced. LeCompte addressed the UN earlier this year on the creation of the process. This Fall, the United Nations is set to review progress on the proposal. Because International Monetary Fund (IMF) studies point to debt as a cause of inequality, the IMF is exploring aspects of a bankruptcy process based on an April 2013 paper. In addition to the debt crisis in Greece, nearly 50 countries‎ face worrying levels of debt distress according to World Bank statistics.

“A bankruptcy process is critical if we want less poverty and if we want to prevent financial crisis,” stated LeCompte, who consulted a recent United Nations Conference on Trade and Development road map that fed into the UN bankruptcy process. “Bankruptcy means less inequality and more global stability.”

Read the United Nations Conference on Trade and Development road map: ​​ Sovereign Debt Workouts: Going Forward Roadmap and Guide​.​

Read the IMF’s April 2013 paper on debt restructuring.

View the United Nations General Assembly Resolution on a legal bankruptcy framework.

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee’s mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world’s poorest people. www.jubileeusa.org

=======

Jubilee USA Network is an alliance of more than 80 religious denominations and faith communities, human rights, environmental, labor, and community groups working for the definitive cancellation of crushing debts to fight poverty and injustice in Asia, Africa, and Latin America.

The Catholic principle of “social mortgage” is the idea that the public has a “legitimate and necessary claim on private wealth and property.”

We are so lucky that we have such a capable Pope who not only tends to the souls of his flock, but also to the pockets of the rich and of the downtrodden, who are in serious need of wealth redistribution and social justice.

If we don’t allow countries to go bankrupt, we are definitely a heartless bunch. Just giving them foreign aid and technical expertise to build their own prosperous economy is no longer enough. In the meantime, Christians are being killed and persecuted around the globe by their Muslim brethren, but I digress.

The AP reported that Pope Francis said the following when asked to comment about the Greek debt debacle, “If a company can declare bankruptcy, why can’t a country do so and we go to the aid of others?” Because so many countries struggle with debt, he called for an international bankruptcy process as a solution. I am not sure if he mentioned all the theft and misallocation of donated funds or how loans have been used or misused.

The Catholic Church’s consultant to the Vatican, Eric LeCompte, head of the religious development organization called Jubilee USA Network, said that “Pope Francis knows that heavy debt loads cause poverty and inequality. The Pope’s statement is a logical extension of the Catholic Church’s strong support of debt relief for struggling countries.”

The Pope is not alone in poverty and debt eradication calls. United Nations voted 124-11 in September 2014 to develop a global bankruptcy process. The Pope is just promoting their plans. IMF studies revealed that debt is a cause of inequality. It will develop a proposal this fall as “nearly 50 countries face worrying levels of debt according to World Bank statistics.”

“A bankruptcy process is critical if we want less poverty and if we want to prevent financial crisis,” said LeCompte, consultant to a recent United Nations Conference on Trade and Development road map utilized in the U.N. bankruptcy process. “Bankruptcy means less inequality and more global stability.”

Since our American students’ college loans cannot be bankrupted, even though most of them cannot find jobs in their fields in this out-of-control national-debt-strapped economy to enable them to pay back their loans, should we not start a bankruptcy loan forgiveness at home before taxpayers are somehow saddled with the debt of the third world? If suddenly international banks that made loans to various countries are themselves in need of bailouts because they are deemed “too big to fail,” will taxpayers be required to rescue them?

At the same time, the U.N. is preparing the future of education through a renewed propaganda indoctrination assault of our children into Green Global Citizens. U.N. Secretary Bank Ki Moon and UNESCO’s chief Irina Bokova declared that globalized schools around the world need to re-shape our children’s values in order to create “sustainable global citizens.”

Attending the U.N. World Education Forum in South Korea, 100 education ministers, U.N. plutocrats, globalists, Marxist educators, environmentalists, lobbyists, and “stakeholders” outlined the public relations media blitz of the “roadmap for global education” through 2030 via the Incheon Declaration.

The U.N. Foundation, media “partners” and other NGOs unveiled their propaganda campaign for the next fifteen years to promote the “sustainable development” master plan for humanity and the globe, the lynchpin of the 1992 U.N. Agenda 21. Dubbed the “world’s largest advertising campaign,” the U.N. effort will “train” and “subsidize” so-called journalists to favorably report on the one world government global control, under the guise of “sustainable development,” of every facet of our economy and of our lives.

While visiting the United States in September, in addition to supporting the climate change industry, the Pope will likely attack the “American Idea,” the God-given individual rights outlined in the U.S. Declaration of Independence. We know so because the senior Vatican and U.N. adviser, Jeffrey Sachs, wrote in a Catholic publication that “the path to happiness lies not solely or mainly through the defense of rights but through the exercise of virtues, most notably justice and charity.”

The indoctrination into the global citizenship will be facilitated by our Department of Education agenda of “cradle to government-approved career.” Secretary of Education Arnie Duncan unveiled the plan for government boarding schools for “just certain kids we should have 24/7,” building “community centers” with more offerings of “after school programming” and the opportunity to shape the brain full of mush of potential social justice drones.

And, topping the list of communist indoctrination, millions of dollars of tax money will be used to brain wash kids into non-existent “white privilege,” a race-based ruse to excuse any lack of personal responsibility, motivation, and work ethic among the lazy, incapable, and the sloth.

The San Francisco-based Pacific Education Group, “claims black students shouldn’t be subject to ‘white values’ such as industriousness, punctuality, and civilized classroom behavior and that they should be held to different standards than whites.” Never mind that teachers report chaos in the classrooms where these new “visionary” and outrageous standards of behavior have been adopted. Such race-based standards are racist by definition. But then again, achievement based on merit is overrated. Why not have 144 valedictorians among 400 high school graduates?

While in South America, Pope Francis made the call for “a new economic and ecological world order where the goods of the Earth are shared by everyone, not just exploited by the rich.” The question remains, who will divide these goods of the earth and how will it be done if not by supply and demand? And who will be the producers with so many takers waiting in the wings?

Further reading (I’m not taking the time to create live links to all of these):

http://www.liberato.us

Sovereign Debt Workouts: Going Forward Roadmap and Guide (The United Nations Conference on Trade and Development)

IMF’s April 2013 paper on debt restructuring

United Nations General Assembly Resolution on a legal bankruptcy framework

Read more at http://freedomoutpost.com/2015/07/global-bankruptcy-sustainable-development-and-propaganda/#lAmS2wOIbw1G3f02.99

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