Saturday, December 17, 2011

Could the Church of England declare finance to be repugnant?

It looks like they might try: Church leaders accuse bankers of losing their 'moral moorings'

"..."It is hard to imagine a more powerful way of telling someone that they are of little value than to pay them one-third of 1% of your salary," he said.

"Among the ill effects of very large income differences between rich and poor are that they weaken community life and make societies less cohesive."

"He said that "Queen's honours" – meaning peerages, knighthoods and other official honours – should not be given "to those who have already rewarded themselves handsomely".

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