Religious leaders blame bankers' greed for recession

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London, Dec 26 (ANI): While delivering Christmas sermons, religious leaders said that the culture of greed and immorality within the banking system is the reason behind the global financial crisis.

Archbishops used their Christmas Day messages to focus on the human suffering caused by the global economic downturn, and called for communities to come together to support those who lose most in the turmoil.

The Archbishop of York, Dr John Sentamu, attacked exploitative moneylenders who pursued "ruthless gain" and urged banks not to "enrich themselves at their poor neighbours' expense".

He compared the alarming recession to the conditions Britons endured during the Second World War, and called for a new generation to show the "Blitz spirit" that helped defeat the Nazis.

"True charity repudiates the idea of personal gain as a result of lending money to make ruthless gain - usury - bringing about permanent disappropriation and enslavement," the Telegraph quoted him, as telling a York Minster congregation including Conservative leader David Cameron and his family.

"In the present economic crisis we need to rediscover that spirit of togetherness that helped the British people during the Second World War to stand together in the face of food rationing and the Blitz.

"We had better stand together or we will all hang separately economically," he added.

The Archbishop of Canterbury, Dr Rowan Williams, said that people should not waste time waiting for "larger-than-life" heroes to bring comprehensive solutions to the ills of the world.

He said that relief from the crisis will come through "small and local gestures" from individuals.

"In the months ahead it will mean in our own country asking repeatedly what is asked of us locally to care for those who bear the heaviest burdens in the wake of our economic crisis - without waiting for the magical solution, let alone the return of the good times," he said at Canterbury Cathedral. (ANI)

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