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Rowan Williams Class Warfare Christmas Sermon

Because Jesus came to defend anti-capitalist thuggery:

Archbishop of Canterbury Uses Christmas Sermon To Push Class Warfare, Says Rioters No Worse Than Bankers…

And this guy leads the Anglican Church?
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Joseph M said...

Just read the excerpt over at Weasel Zippers, and - what's the issue here? Williams may very well be a smiley-faced balloon head, but, in this case? Stopped clocks are right twice a day.

The archbishop compares the rioters to "a speculator turning his back on the question of who bears the ultimate cost for his acquisitive adventures in the virtual reality of today’s financial world". Not bankers in general, but speculators, and not even speculators in general, but those without care for the repercussions of their speculation.

As a finance guy, I gotta say that's spot on. The economic collapse that has cost millions of people their jobs and homes would not have happened without the active participation of those 'speculators' who knew damn well the bubble would burst but did everything in their power to keep it going as long as it was profitable - people at Goldman Sachs, for example, were both betting millions on the collapse of mortgage derivatives while simultaneously selling those derivatives as AAA instruments to pension funds. The outcome: Goldman made billions while retired people went broke.

Comparing those people to rioters who wantonly destroy property is, frankly, an insult to the rioters.

Mary De Voe said...

Isn't Rowan Willims the Englishman who told Pope Benedict XVI on the Pope's visit to England that the Pope was leader of the people in Europe and that HE was the leader of the people in England. Where is Rowan Williams leading the people of England? (listen very carefully to his welcome speech)

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