Saturday, 27 December 2008

Pot. Kettle. Black

Top banker accused by bishop of financial 'idolatry'

Speaking to the Berliner Zeitung newspaper, Bishop Huber argued bankers had a duty to look beyond the short term: "Never again should a Deutsche Bank chief executive set a profit goal of 25 per cent." Such goals drove up profit expectations to unsustainable levels and amounted to "a form of idolatry", he said. "In the current circumstances, money has become a god."

Only when the church renounces its 'worldly goods' will it be in a position to preach about false gods.... until then money and religion are two sides of the same coin.