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Pope Benedict: Greed Is Not Good

Pope Benedict: Greed Is Not Good

Today, on the eve of the G8 meeting in Italy, Pope Benedict issued an encyclical letter discussing the economic crisis, specifically noting the problems with greed. He wrote, "Profit is useful if it serves as a means toward an end. Once profit becomes the exclusive goal, if it is produced by improper means and without the common good as its ultimate end, it risks destroying wealth and creating poverty." more ›

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