The Vatican's Secret Bank Plot

Reporting on Politics and Policy.
Oct. 24 2011 6:15 PM

The Vatican's Secret Bank Plot

Surely, this must be the singularity of conspiracy theories.

Blaming the world’s economic and financial crisis on an “economic liberalism that spurns rules and controls,” the Vatican... released an ambitious proposal for global regulation of the financial industry and the international money supply.
The 16-page document from the Pontifical Council for Justice and Peace calls for a “central world bank” to regulate the “flow and system of monetary exchanges similar to the national central banks,” such as the U.S. Federal Reserve.
The proposal also calls for a global tax on financial transactions, whose revenue would go to a fund to help “support the economies of the countries hit by crisis.”

Advertisement

I'm not sure what joke to use. How about this: "They warned us what would happen if we voted for Kennedy!"

David Weigel is a Slate political reporter. 

TODAY IN SLATE

Frame Game

Hard Knocks

I was hit by a teacher in an East Texas public school. It taught me nothing.

Republicans Like Scott Walker Are Building Campaigns Around Problems That Don’t Exist

Why Greenland’s “Dark Snow” Should Worry You

If You’re Outraged by the NFL, Follow This Satirical Blowhard on Twitter

The Best Way to Organize Your Fridge

The World

Iran and the U.S. Are Allies

They’re just not ready to admit it yet.

Sports Nut

Giving Up on Goodell

How the NFL lost the trust of its most loyal reporters.

Chief Justice John Roberts Says $1,000 Can’t Buy Influence in Congress. Looks Like He’s Wrong.

Farewell! Emily Bazelon on What She Will Miss About Slate.

  News & Politics
Foreigners
Sept. 16 2014 4:08 PM More Than Scottish Pride Scotland’s referendum isn’t about nationalism. It’s about a system that failed, and a new generation looking to take a chance on itself. 
  Business
Moneybox
Sept. 16 2014 4:16 PM The iPhone 6 Marks a Fresh Chance for Wireless Carriers to Kill Your Unlimited Data
  Life
The Eye
Sept. 16 2014 12:20 PM These Outdoor Cat Shelters Have More Style Than the Average Home
  Double X
The XX Factor
Sept. 15 2014 3:31 PM My Year As an Abortion Doula
  Slate Plus
Slate Plus Video
Sept. 16 2014 2:06 PM A Farewell From Emily Bazelon The former senior editor talks about her very first Slate pitch and says goodbye to the magazine.
  Arts
Brow Beat
Sept. 16 2014 1:27 PM The Veronica Mars Spinoff Is Just Amusing Enough to Keep Me Watching
  Technology
Future Tense
Sept. 16 2014 1:48 PM Why We Need a Federal Robotics Commission
  Health & Science
Science
Sept. 16 2014 4:09 PM It’s All Connected What links creativity, conspiracy theories, and delusions? A phenomenon called apophenia.
  Sports
Sports Nut
Sept. 15 2014 9:05 PM Giving Up on Goodell How the NFL lost the trust of its most loyal reporters.