Vatican: Abolish IMF

"The Pontifical Council for Justice and Peace released a document Oct. 24 calling for a radical reform of the world's financial and monetary systems. It also proposed the creation of a global political authority to manage the economy and a new world economic order based on ethics.

The note entitled 'Towards reforming the international financial and monetary systems in the context of the global public authority' was presented to journalists..."-- staff for the National Catholic Reporter