Alpha Corporate Sales co-founder and president, Dr. Stanley Wilson, has made an announcement today that the company agrees with the recent Vatican Bulletin’s criticism in “ ‘Oeconomicae et pecuniariae quaestiones’. Considerations for an ethical discernment regarding some aspects of the present economic-financial system.”
Dr. Wilson has pointed out that such criticism of the use of the derivatives and its speculation serves as a stark reminder to all of us that the U.S. and other Western financial markets operate in a highly-unethical and morally-illegitimate manner when preying on and profiting at the expense of the most vulnerable populations where the legal concept of Moral Hazard (not bearing any responsibility and/or punishment for the crime or wrongdoing) somehow seems to be the norm.
The 2007-2008 sub-prime mortgage crisis, that left millions of Americans homeless, was fueled by the insatiable greed and desire of the bankers and their large army of hungry and largely unethical mortgage brokers to profit by openly preying on and ruthlessly plundering and looting the lives of the least economically-protected consumer group – the working class who seemed to lack the financial education to make informed decisions that they are being taken advantage of by a group of immoral thieves disguised in a theatrical charade as being professional bankers and mortgage brokers appearing in business suits and ties and doing legitimate business from large office buildings.
As seen on CNBC News, Bloomberg News, NBC News, CNN, and various other media, Alpha Corporate Sales is well-known internationally as the ultimate authority and innovative leader in the field of enterprise sales training, neuromarketing, and one-on-one executive business coaching programs.
Dr. Stanley Wilson said in a company memo today: “Alpha Corporate Sales fully supports Vatican’s decision to condemn and call on much stricter regulation of the U.S. and other Western financial markets and restrict the use of certain derivatives, such as Credit Default Swaps (CDS), for being used as speculative tools for certain exclusive (better-informed) parties, such as institutional investors with perfect information, against least-informed market participants who are deceived into believing that the financial decisions they are offered to accept, based on countless advertising messages they see daily, are prudent, which later turns out to be false and cause irreversible damage to the least-informed and least-protected strata of the population, followed by a financial crisis for the working class (exploited proletariat) while the well-informed parties (bankers and speculators) repeatedly receive great financial gain in this zero-sum game – all at the expense and ruin of the uninformed and unprotected working class, which happens in a cycle of approximately every 25 years. The next financial crisis is just around the corner again!”
To read the entire Vatican’s Bulletin “ ‘Oeconomicae et pecuniariae quaestiones’. Considerations for an ethical discernment regarding some aspects of the present economic-financial system” of the Congregation for the Doctrine of the Faith and the Dicastery for Promoting Integral Human Development, 17.05.2018” -- visit the official Vatican’s web site: https://press.vatican.va/content/salastampa/en/bollettino/pubblico/2018/05/17/180517a.html?utm_source=govdelivery