100% KATOLIKONG PINOY! BLOG
Abangan... magsusulat ulit tayo!

Pages

Friday, January 8, 2010

On the "Investments"




The Christian Brothers is the first name to catch the eye in this segment. The Christian Brothers is a Roman Catholic religious congregation founded by Blessed Edmund Rice. They are not identical with the Brothers of the Christian Schools of St Jean-Baptiste de La Salle, who handles the De La Salle University in Manila. The Christian Brothers were exposed by a Thomas Strobhar to have invested their money to porn-seller companies for gross revenues. The article denotes that the Christian Brothers are "one of the largest investors of Catholic institutional money in the world. They invest billions of dollars for over 1,000 Catholic dioceses, religious institutes, educational institutions and health care organizations."

The author also includes the Catholic Values ETF that does not exclude alcohol and gambling stocks.



The problem:


The argument is sound, the problem is on the author's conclusion from what he had just excerpted. At the end of the excerpts, he said:

which is very aloof from what Our Lord Jesus called "righteous judgment". Instead, in logical expression it is a form of a "Hasty Generalization", or concluding on the whole in the measure of the few.

The Christian Brothers congregation is a member congregation of the Roman Catholic Church. That is true. Yet the Roman Catholic Church as a whole does not constitute of primarily Christian Brothers. The Roman Catholic Church has hundreds of congregations within her, on which the Christian Brothers is only a speck of it. The Roman Catholic Church also constitutes of hierarchies, on which the Christian Brothers can be placed in the lowest, for they are not ordained priests.

If the reports are true, the sin of the Christian Brothers is to their own responsibility and they cannot bring down the whole Church with them. How many times in the Bible do we encounter distorted personalities. The Church will be there even if without the Christian Brothers, just as there will be the Church even if without the generous yet dishonest Ananias and Sapphira (Acts 5)



So jumping from the RCC hasty generalization, the author dropped at the Catholic Values ETF, another word-play for the use of the word "Catholic" as to refer to the whole Roman Catholic Church


The author forgot that it talks about Values-based Exchange-Trade Fund, which can be used as standards by independent Catholic individuals and institutions. It does not necessarily and inevitably grapple the Roman Catholic Church into the game of profiteering.


Examined Sources:

http://www.newoxfordreview.org/article.jsp?did=0208-strobhar
http://www.bbc.co.uk/blogs/ni/2009/09/holy_porn.html
http://www.fool.com/investing/general/2009/12/22/etfs-get-religion.aspx?source=isesitlnk0000001&mrr=1.00

1 comment:

  1. If that's true, I pity them coz theu used the Lord for their own business. However none of its profits would profit the Pope and his family.

    How about the billion of dollars directly deposited to the Iglesia ni Cristo of Felix Manalo and his decendants? Before you remove the speck on your brother's eye, remove first the log right into yoru eyes... http://www.dk777.com/incinanutshell.pdf

    ReplyDelete