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The pursuit of profit only for the sake of profit quote.
Risks destroying wealth and creating -- those of the woods of Pope Benedict the sixteenth at a new encyclical issued on the eve of the G-8 summit in Rome.
He also calls for a truly -- authoritative international financial regulatory body to enforce stricter rules on investment.
Joining us now Fox News contributor Bob Jonathan Morris -- welcomed the program -- that those words make you nervous Stewart I -- know I know what makes me nervous is the Pope directly.
Involved in coaching more regulation of the financial markets now granted he also says we need more proud and meditation.
That's his field.
What is he doing talking about more financial regulation.
Well I think.
As I think all of us know now perhaps in a way that we didn't know two years ago.
Every financial decision.
Has moral consequences.
And the bigger and those decisions are the more people get back to the -- world.
Content -- -- and the Pope is aware of that.
And I think a very often the pulpit then you know what a lot of people in the laughter in our taken advantage of this there's that priest in part Thomas -- American -- magazine.
Who came out and said.
This document prove that the Pope is for the left of Obama when it comes to redistribution of wealth.
That is either disingenuous.
-- of it.
Or completely shallow -- my opinion that's not what he's saying OK but why does the Pope put himself right in the middle of a political debate -- -- not just.
It's not just political it has moral content as -- there are consequences he is not saying that some political body outside of and not respecting the sovereignty of states.
Should come in and make all the decisions what are you saying because you also said this principle he said subsidiary T that means a higher level of government should not -- would lower level of government or society should do he's -- -- -- bouncing you know.
America let's don't get buried in the weeds via but it always makes me nervous when I go to Cilic cannot find the priest the -- that the the -- Saying I want you all vote as opposed to saving my soul I totally agree that the Pope is doing exactly this -- -- nice here he's not what he's saying is we're not offering any specific solutions.
We're -- principles in my life truly awe authoritative international financial regulatory body we -- -- what he's saying is that the United Nations and use these words need to have needs to have real.
Keep things you didn't know if I'm -- it's absolutely ridiculous -- is getting behind the United Nations imagine -- you know.
They sift through leaves at Brigham -- that's what needs to change.
And it also need to change that suggests that the United States have to go to the United Nations when they don't have any real teeth.
It -- settled in and nations they should be protecting human rights basically protecting security.
And making sure the most powerful.
Are not in -- -- taking advantage of the week he's not saying they need to -- a new political.
I sense your taking -- team position -- I don't feel a little uncomfortable with -- -- -- -- what I'm saying -- you have to understand this in -- Totality.
And when we take quotes out and not look at it.
As a whole we're gonna misinterpret the Pope is saying let's be responsible and -- and financial decisions have major consequences -- we know how.
As -- Protestant I would like to know the biblical reference to which you would -- -- Bearing in mind the pope's -- played regulatory body -- financial authority.
Well my responsibility.
To all we need to mountains where the -- freedom -- the gospels -- -- always comes with freedom and that is a principle a biblical principle without any doubt whatsoever that we need to respect the dignity of people I'm surprised that you don't get into the biblical reference which on these men -- to would you like me to quote something for you yes.
I don't think I -- I'll get back to you haven't had a bad -- first Tennessee less access.
Ford is not put his the local money which is a root cause of all -- -- -- -- -- all kinds all of evil that he's heard all about money as the lovable and money is the love of money is the root of all evil it full right to love all the money which is a source of all kinds all evil depending upon which -- transfer -- -- not money money's not the problem the Pope likes money because it's an unbelievable thank you read it meant that he can stick her father's passed that I -- sugar talk all day because that this really.
The collision sometimes it Cilic state temporal authority and spiritual don't go down the path of suggesting that religious figures can only talk about the Bible.
There's also -- moral consequences.
Of the decisions that all of us make.
And somebody -- civil have a voice which I'm glad he's picking up what you get poetry from but that's another story but get this that if it is -- they thought a pleasure and I --
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