Vatican Newspaper Calls U.S. Financial Crisis a “Costly Illusion”
By Susan Brinkmann, OCDS
Staff Writer
An article appearing in the Sept. 24 edition of the Vatican newspaper, L’Ossservatore Romano, blamed the current U.S. financial meltdown on greed and a lack of regulation and said the proposed bailout by the U.S. government might ward off a catastrophe but it won’t fix the underlying cause of the problem.
