Newsflash:
- Â Check Out Time:Â Is Kim Jong Il Dying?
- Update: Andrew Bolt:Â Crowded Room with only two in it
- KRudd presented Pope Benedict XVI with a leather-bound copy of the Australian parliament’s motion of apology to the Stolen Generations during a 20-minute audience at the Vatican tonight.
                “Men of Faith..”
Pope condemns capitalism’s ‘failures’
By Guy Dinmore in Rome
The pontiff’s call for stronger government regulation was made in his third and eagerly awaited encyclical, Charity in Truth, which the Vatican chose to issue on the eve of the G8 summit of rich nations being held in Italy.
Pope Benedict XVI on Tuesday condemned the “grave deviations and failures” of capitalism exposed by the financial crisis and issued a strong call for a “true world political authority” to oversee a return to ethics in the global economy.
Scary: Pope Urges Forming New World Economic Order to Work for the ‘Common Good’
Pope Benedict XVI on Tuesday called for a radical rethinking of the global economy, urging the establishment of a “world political authority” to oversee the economy and work for the “common good.”
