May 28, 2013 Martin Mallon (Ireland) Martin's previous articles
Why
is our Church so quick to condemn politicians who support policies that effect
sexual matters, such as marriage, yet are practically silent about the
imposition of austerity measures, which hit the poor in our society
disproportionately?
What
attitude should the Church take to politicians and bankers in their treatment of
the poor? Let us take the specific and very common example, in Europe at least,
in these times of austerity; the case of those who have mortgages on their
family homes which they can no longer pay due to the recession foisted on the
world by the bankers and politicians. Let us be very clear, during the boom
times of the early to mid 2000’s bankers lent wildly and encouraged citizens
to borrow more, particularly to purchase housing. This caused housing booms and
everyone felt wealthier and borrowed more. Governments received more taxes and
so encouraged the boom while relaxing banking regulations at the same time. Most
economists and politicians forecast that the boom would continue indefinitely.
What
would any good citizen do? Everyone has a responsibility only to borrow what
they can repay. However, the average citizen would, of course, believe the
bankers and politicians and borrow to invest in what they are told is a
sustainable increase in property values. Not only that, but first time buyers,
believing the bankers and politicians, would borrow to the limit to get on the
property ladder before it is too late.
Then
the bust arrived, precipitated by the
What
do our politicians and governments do? Is the citizen their first concern? The
answer was and still is NO in
Where
are the Irish Bishops while economic austerity is foisted on the people of
However,
thankfully Irish businessmen, such as Ben Dunne, have advised that those in
unsustainable debt situations should move to the
Meanwhile,
many Irish families are living in poverty and suicides have and are occurring
due to debt and austerity, again with no concrete proposals from the
No
one expects the bishops and clergy to have the answers to all
Prayers are needed for all those suffering from austerity and financial problems, but leadership in solving or ameliorating these problems should also be forthcoming from the bishops.
------
Comments
welcome here