[Pope] Francis noted proposals at the United Nations to essentially let countries seek bankruptcy protection just like corporations. He asked "if a company can declare bankruptcy, why can't a country do so and we go to the aid of others?"Gee, guy, just what do you think Greece is doing right now, by admitting they can't repay the money they've already borrowed? Maybe the Pope ought to spend a little time with an economics textbook, and less with socialist politicians;
Bolivia, whose President Evo Morales hosted Francis during his three-nation South American tour, is reportedly pushing the proposal at the United Nations.But, Francis won't have to look far for a template;
VATICAN CITY (RNS) One of the largest Franciscan religious orders, founded on the humble teachings of St. Francis of Assisi more than 800 years ago, announced it is on the brink of bankruptcy after admitting some of its monks embezzled funds from its accounts.Just think of Greek politicians as another set of monks spending other people's money, Papa.