Thursday, July 25, 2013

Credit Where Credit is Due

I was impressed by the Archbishop of Canterbury's campaign against Wonga - the money lending company that charge something like 4089% interest on a loan.

Extortionate usury on a level like this is gravely immoral and preys on the poorest and most desperate in a society with a great deal of hidden poverty.

Our Bishops are good at speaking out on issues more or less everyone can nod their heads to, but this kind of usury is not a 'soft' issue. The Catholic Church should speak truth to power, to Prime Ministers, to Governments, even to Monarchs as well as to those who use their financial might to take advantage of and to grind further into poverty people who just need extra to pay heating, water, electric bills and put food on the table.

Credit where credit is due.


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