
The topic that seems to be on everyone's lips at the moment is the financial turmoil which has moved from being a crisis on Wall Street to a crisis in peoples' pockets. Here in the UK many individuals and Councils have seen their assets frozen by the apparent collapse of the Icelandic banking system. Governments around the world are, as I write, pouring millions of tax-payers money into the banks to try and keep the economy afloat.
Watching the news last night it seems whether it is New York or Newcastle UK people resent their money being used to prop up what they see as the failings and greed of 'Fat Cat Bankers.' However, how many of us are guilty of similar greed. Millions of ordinary people in the UK have been only too happy to avail themselves of the cheap credit that has been on offer. The UK Government may be pouring billions into the banks, but the truth is it is only a fraction of what the UK population owe on their mortgages, loans and credit cards.
I can't speak for others, but I find all this as an opportunity - and opportunity for me as an individual and a Franciscan to look again at my priorities in the light of my vow to simplicity - but also an opportunity to overhaul the financial system. It has been sad that all Capitalists are B-Polar - they swing between greed and blind panic! Well, we have seen plenty of that lately: a long period of greed followed by the blind panic of the last few months.
Is it possible that we can change? Certainly not without a change of heart. We Tertiary Franciscans believe that true chastity is not using others for your own ends. Is it possible that at least some of those in big business could take this on board? Nothing is impossible to God, if he turned the heart of the people of Nineveh, he can certainly do the same for the City.
As Franciscans, we have to pray that God's Spirit will move on peoples heart, but we also have to preach repentance, which is part and parcel of our calling. Finally, we to must examine our own attitudes and motive towards money and repent if needs be.