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"The regulation of the financial markets is our central problem, our central task ... We are moving ahead, but we are not yet where we want to be, where we could say that a derailment of the guard rails of social market won't happen again."

Source: Deseret News

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Gallery: Pope Benedict XVI (10 images)

Pope Francis Meets With Chancellor of Germany Angela Merkel

COLOMBIA-RELIGION-MOTHER LAURA-CANONIZATION

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Update

Pope Benedict XVI Youtube Videos

Pope welcomes Benedict XVI to the Vatican
14,822 views

Perspectives Daily - Pope Emeritus Benedict XVI returns to the Vatican
3,408 views

Benedict XVI turns 86 years old, first birthday as Pope emeritus
6,313 views

See all Pope Benedict XVI videos

Pope Benedict XVI Calls it Quits

Feb 11 2013, 6:15am CST | by Luigi Lugmayr

Pope Benedict XVI surprised today with his resignation. He says he does not have the power anymore to be Pope.

Pope Benedict XVI will resign on Feb. 28. The reasons for his surprise resignation is health. He does not have the power anymore to fulfill the duties as Pope. Pope Benedict XVI is 85. The German was Pope for 7 years. It is only the 2nd resignation of a Pope in the history of the Catholic church.

Now the preparations and voting for a new Pope will begin.

Gallery: Pope Benedict XVI (10 images)

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Luigi Lugmayr
Luigi Lugmayr (Google) is the founder of I4U LLC and is a news junkie. He is posting hot trending stories across the broad range of Balla Network sites. Tip Luigi with your hot trending news and memes here.

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Pope Benedict XVI Calls it Quits

Pope Benedict XVI surprised today with his resignation. He says he does not have the power anymore to be Pope.

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Quote:
"The regulation of the financial markets is our central problem, our central task ... We are moving ahead, but we are not yet where we want to be, where we could say that a derailment of the guard rails of social market won't happen again."

Gallery: Pope Benedict XVI (10 images)

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Pope Benedict XVI Calls it Quits

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Pope Benedict XVI Calls it Quits

Pope Benedict XVI surprised today with his resignation. He says he does not have the power anymore to be Pope.

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Quote: "The regulation of the financial markets is our central problem, our central task ... We are moving ahead, but we are not yet where we want to be, where we could say that a derailment of the guard rails of social market won't happen again."

Gallery: Pope Benedict XVI (10 images)

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Pope Benedict XVI Youtube Videos

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Pope Benedict XVI Calls it Quits

Pope Benedict XVI surprised today with his resignation. He says he does not have the power anymore to be Pope.

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Quote:
"The regulation of the financial markets is our central problem, our central task ... We are moving ahead, but we are not yet where we want to be, where we could say that a derailment of the guard rails of social market won't happen again."