Pope: Bankrupt morals to save banks but not suffering people | Inquirer News

Pope: Bankrupt morals to save banks but not suffering people

/ 04:01 AM November 06, 2016

Pope Francis

Pope Francis meets some representatives of popular movements at the Vatican Saturday, Nov. 5, 2016. —POOL/Osservatore Romano via AP

VATICAN CITY — Pope Francis has denounced the “scandalous” amounts of money that governments and world institutions have found to save ailing banks but not suffering people, including migrants who are dying as they try to cross the Mediterranean Sea.

The pope on Saturday denounced these policies as a “bankruptcy of humanity.”

ADVERTISEMENT

The pope spoke during a meeting at the Vatican with an international group that included environmentalists, labor union activists and indigenous rights activists. In the audience was the former president of Uruguay, Jose Mujica, a defender of the poor.

Francis said: “What happens in the world of today is that when a bank is bankrupt, scandalous sums immediately appear to save it,” while much smaller amounts of money cannot be found “to save the brothers that suffer so much.”

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Pope Francis

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.