Monday, June 30, 2014
Usury is good according to the Vatican
The “Populorum Progressio” Foundation for Latin America is pushing usury under the guise of micro-loans. The foundation was instituted by Saint John Paul II in 1992 and he entrusted its oversee to its board & to the Pontifical Council “Cor Unum”. Usury is great as long as poor people can borrow the money...isn't this what made them poor in the first place?
*Populorum Progressio translates from Latin into English as "the people's program" or "development of the people"