READ THE BIBLE IN ONE YEAR: http://www.oneyearbibleonline.com/july.asp?version=63&startmmdd=0101July 30, 2009
(Mat 6:24) No man can serve two masters. For either he will hate the one, and love the other: or he will sustain the one, and despise the other. You cannot serve God and mammon.HEADLINE: Vatican Slams ‘Greed Is Good’ Wall Street Mantra Vatican Secretary of State Tarcisio Bertone said free-market economics legitimized greed, citing the 1987 Oliver Stone movie "Wall Street" and its protagonist, the corporate raider Gordon Gekko. "Greed market has substituted free market," Bertone said today in a speech to Italian senators in Rome. "Greed is good, greed is right," Bertone said, citing one of Gekko's famous lines from the film, in outlining the contents of Pope Benedict XVI's encyclical calling for
a new financial order.The 82-year-old pontiff on July 7 published the 150-page "Caritas in Veritate," Latin for "Charity in Truth." The pope's reflections on capitalism were two years in the making and publication was held up by the credit crunch. The text also examines ways out of the worst recession since World War II. "Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty," Benedict wrote in
The Wall Street Crash of 1929. Image via Wikipedia
the encyclical.FATHER CORAPI: The Pope's New Encyclical-Caritas in Veritate
The Holy Father has recently released a much anticipated encyclical entitled Caritas in Veritate. I have frequently preached and taught on the indissoluble and absolute integrity of love and truth. Ther
e is no authentic charity without it being rooted in truth. If love is not in fact rooted in truth, then it is not authentic love. Charity in truth is the driving force behind the authentic development of every person, as the Holy Father points out.
The contemporary disintegration of societies and economies has at its root a failure or denial of this essential reality. When individuals fail or refuse to live charity in truth, then this is reflected in societies and economies. Love and truth are names for God. Jesus, the Lord (the God that is Love and Truth) is the Vine. We and all of society are the branches. If we refuse to live in Christ, then there is no life, either in societies or economies. This follows ultimately as surely as morning follows night.
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time. Make sure that you are one person that is living charity in truth.EDITORIAL: Can The Economy Recover? by Paul Craig Roberts HEADLINES The economy's littlest victims- Emergency Infant Services program hard hit during recession
Local Catholic schools hit by budget crunch
O'Malley decries immigrant health care cut
Catholic Charities finishes shy of goal
Ladder of Divine Ascent excerpt: Step 22- "On the many forms of vainglory"2. With regard to its form, vainglory is a change of nature, a perversion of character, a note of blame. And with regard to its quality, it is a dissipation of labours, a waste of sweat, a betrayal of treasure, a child of unbelief, the precursor of pride, shipwreck in harbour, an ant on the threshing-floor which, though small, has designs upon all one's labour and fruit. The ant waits for the gathering of the wheat, and vainglory for the gathering of the riches of virtue; for the one loves to steal and the other to squander.
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