A Trail of Breadcrumbs: The Resignation of Pope Benedict and the Great Financial Collapse

When something extraordinary happens, one must look for extraordinary circumstances. I think I can explain this sudden resignation, if the reader is prepared to follow a trail of breadcrumbs, link after link in a chain that connects five men. This is not a chain of five conspirators, necessarily, but is intended to show the links between our politics, our financial gurus, and our religious leaders.

First, Barack Obama. The president is bent on running the national debt to its limit.

The second link is Paul Volcker.

The third man in our trail of breadcrumbs appears. The new leader of the Palais-Royal group: Michel Camdessus, French economist and former Managing Director of the IMF.

We come to our fourth name, that of Cardinal Peter Turkson. Turkson is president of the Pontifical Council for Justice and Peace. On October 23rd, 2011 (18 days after the G-20 presentation) the Pontifical Council for Justice and Peace surprised many by coming out with a proposal that damned “the idolatry of the market” and called for a supranational banking authority identical to the one recommended by the Palais-Royal group. What are the chances? Coincidence? Not when you look on the list of advisors to the Council. There among the names is Michel Camdessus.

And so we come to the last name on our list, full circle to Pope Benedict XVI. Why is he stepping down so unexpectedly? The answer is to be found, I believe, in the name of the man considered to have the best odds of being our next pope: Cardinal Peter Turkson. According to the Pope’s own brother, Benedict is tormented by the “Vatileaks” scandal, involving leaked Vatican documents indicating money laundering and corruption. This is not to say that Benedict himself is implicated, but he may well be resigning to protect the church, as acquiescence to someone’s threat to release more. Who would possess such documents? The financiers who are on the opposite side of the Vatican trades, naturally. Those financiers who want a new pope in power:Peter Turkson, who is fully on board, and who will declare the IMF schemes to be moral and just when the time comes, a man who is unassailable due to his skin color, who will be commanding the obedience of 1.2 billion Catholics.

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