First published at 15:26 UTC on January 7th, 2024.
- Father Coughlin is a Catholic priest who speaks out on political and economic issues from a Christian perspective.
- He argues that Christianity must address issues of economic injustice, exploitation of workers, wealth concentration, and problem…
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- Father Coughlin is a Catholic priest who speaks out on political and economic issues from a Christian perspective.
- He argues that Christianity must address issues of economic injustice, exploitation of workers, wealth concentration, and problems with the monetary system. Silence would be cowardly.
- He critiques the New Deal policies after 4 years, arguing there are still 8-9 million unemployed which is worse than under Hoover in 1933. Massive government spending on relief has failed to solve unemployment.
- He traces the problems to the monetary system being controlled privately rather than by Congress/the people, enabling manipulation. The solution is to take control away from private interests.
- He warns the relief spending cannot continue infinitely, and predicts a worse depression than 1929 is coming when relief collapses, potentially within a year.
- He argues the New Deal has taken away Constitutional rights like Congressional control of spending, leading to dictatorship. Congress is now subservient.
- He pledges to continue fighting money changers and economic injustice. The address overall critiques capitalism, socialism, communism and the New Deal for failing to solve economic problems and injustice.
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