Links for 11/03/15 | National Catholic Reporter by MSW. MGB: I call what the banks are doing now Potempkin Reform. Their legal advantages and personal privileges have not changed, these moves only make it look like something aside from housekeeping is happening.
Robert Reich points to the problem of monopoly and trust power in the economy. In some cases, outright re-regulation might be useful (although that usually ends up helping established forces, like in cable TV, which is entirely regulated by entry but not by price) and in many others some trust busting is necessary - which requires regulatory and possibly legal change and a willingness to fully fund and empower the Anti-Trust Division at DOJ.
While the Curia was involved in the APSA scandal, this was a private bankster who used his concurrent Vatican office to get rich with the faithful's money. Just once, I would wish that the guilty would come forward, admit their sin, and show some repentant.
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