Posted by Kendall Harmon

Social Security Act is signed into law, assuring retirement income for all working Americans. Payroll taxes...are set at 1% (Courtesy of Barry Ritholtz)

Filed under: * Culture-WatchHistory* Economics, PoliticsEconomyLabor/Labor Unions/Labor MarketTaxesThe U.S. GovernmentSocial Security

7 Comments
Posted August 14, 2014 at 7:02 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

As usual with Facebook, this is not the whole story. For one, it has begun tracking users’ browsing history to identify their interests better. Its latest mobile app can identify songs and films playing nearby, nudging users to write about them. It has acquired the Moves app, which does something similar with physical activity, using sensors to recognise whether users are walking, driving or cycling.

Still, if Facebook is so quick to embrace – and profit from – the language of privacy, should privacy advocates not fear they are the latest group to be “disrupted”? Yes, they should: as Facebook’s modus operandi mutates, their vocabulary ceases to match the magnitude of the task at hand. Fortunately, the “happiness” experiment also shows us where the true dangers lie.

For example, many commentators have attacked Facebook’s experiment for making some users feel sadder; yet the company’s happiness fetish is just as troubling. Facebook’s “obligation to be happy” is the converse of the “right to be forgotten” that Google was accused of trampling over. Both rely on filters. But, while Google has begun to hide negative results because it has been told to do so by European authorities, Facebook hides negative results because it is good for business. Yet since unhappy people make the best dissidents in most dystopian novels, should we not also be concerned with all those happy, all too happy, users?

Read it all.

Filed under: * Culture-WatchBlogging & the Internet--Social NetworkingLaw & Legal IssuesPsychologyScience & Technology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeStock Market* TheologyAnthropologyEthics / Moral Theology

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Posted August 10, 2014 at 3:04 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Britain may be the first country to appoint an “older workers’ champion.” Last month, pensions expert Ros Altmann was given the task to challenge outdated perceptions of the elderly and rewrite the rules on early retirement.

Her key message to employers and even workers themselves: A person’s talents and experience don’t stop at age 65.

Dr. Altmann’s appointment reflects two trends in wealthier nations. More people are retiring later. And many governments are reversing policies that encourage early retirement.

Read it all.

Filed under: * Culture-WatchAging / the ElderlyHealth & MedicinePsychology* Economics, PoliticsEconomyLabor/Labor Unions/Labor MarketPolitics in General* International News & CommentaryEngland / UK

0 Comments
Posted August 10, 2014 at 2:38 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Insurance fraud complaints in South Carolina have reached an all-time high with more than 1,200 pouring in last year, according to a report released Friday by Attorney General Alan Wilson.

The annual report from his office's Insurance Fraud Division noted attorneys prosecuted cases that resulted in 37 convictions and in more than $700,000 being returned to the victims of insurance fraud.

The report cites several notorious cases.

Read it all.



Filed under: * Culture-WatchLaw & Legal Issues* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* South Carolina* TheologyEthics / Moral Theology

2 Comments
Posted August 9, 2014 at 8:24 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The vast majority of respondents to the 2014 Future of the Internet canvassing anticipate that robotics and artificial intelligence will permeate wide segments of daily life by 2025, with huge implications for a range of industries such as health care, transport and logistics, customer service, and home maintenance. But even as they are largely consistent in their predictions for the evolution of technology itself, they are deeply divided on how advances in AI and robotics will impact the economic and employment picture over the next decade.

Read it all.

Filed under: * Culture-WatchGlobalizationScience & Technology* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market

0 Comments
Posted August 8, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

An NHS Trust has withdrawn its offer of an appointment to an Anglican chaplain, after his bishop refused to grant him a licence on the grounds that he had defied the House of Bishops' pastoral guidance by marrying his same-sex partner.

The priest, Canon Jeremy Pemberton, is Deputy Senior Chaplain and Deputy Bereavement and Voluntary Services Manager in the United Lincolnshire Hospitals NHS Trust. He married Laurence Cunnington in April, and the Acting Bishop of Southwell & Nottingham, the Rt Revd Richard Inwood, then withdrew his permission to officiate.

On 10 June, Canon Pemberton was offered a new job as Head of Chaplaincy and Bereavement Services in the Sherwood Forest Hospitals NHS Foundation Trust. This was conditional on the Bishop of Southwell & Nottingham's issuing him with a licence....

Read it all.

Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of England (CoE)Sexuality Debate (in Anglican Communion)Same-sex blessings* Culture-WatchHealth & MedicineLaw & Legal IssuesMarriage & FamilyReligion & CultureSexuality--Civil Unions & Partnerships* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* International News & CommentaryEngland / UK* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 8, 2014 at 5:45 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Two Americans with Ebola received at least half of the world's supply of a drug that might be able to change the course of the deadly virus.

Some people are asking how to allocate additional doses of this drug and whether it was ethical to give those drugs to American missionaries when they weren't available to West Africans suffering from or fighting the outbreak.

The World Health Organization will convene a panel of medical ethicists early next week to discuss the use of such experimental treatments. The group will probably decide how to allocate medications should more become available.

Read it all.

Filed under: * Culture-WatchGlobalizationHealth & MedicineScience & Technology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeForeign RelationsPolitics in General* International News & CommentaryAfricaAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 7, 2014 at 5:38 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

“We should not be surprised if parents who have ordered a baby and rented a woman’s womb refuse it at birth if it is not healthy and perfect,” said an article published in the Vatican’s semiofficial newspaper, L’Osservatore Romano.

“In fact if a child becomes a product to buy, it is obvious that as with any acquisition it must meet with the buyer’s approval.”

The strongly worded commentary was written by prominent Catholic feminist and regular contributor Lucetta Scaraffia, who argued the child’s rejection was to be expected in the “explosive mix” of consumerism combined with a “throwaway culture.”

Read it all.

Filed under: * Culture-WatchChildrenHealth & MedicineLaw & Legal IssuesLife EthicsMarriage & FamilyScience & Technology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 6, 2014 at 4:35 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Will robots ease our toil or become a tool for automation and oppression? People who care about technology seem sharply divided, and passionate, about the topic.

The Pew Research Center asked 1,900 technology experts if robots will help or hurt the workforce over the next 10 years. Nearly half (48%) envision a future in which robots displace significant numbers of workers. The remaining 52% say automation will not displace more jobs than it creates by 2025.

But the numbers were just the starting point for some heated opinions.

“We, as a society, have a lot of decisions to make,” said study co-author Aaron Smith, a senior researcher at the Pew Internet Project. “There’s going to be a lot of debate.”

Read it all.

Filed under: * Culture-WatchGlobalizationScience & Technology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeLabor/Labor Unions/Labor Market* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 6, 2014 at 11:09 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Still scarred by a recession that ended five years ago, Americans are registering record levels of anxiety about the opportunities available to younger generations and are pessimistic about the nation's long-term prospects, directing their blame at elected leaders in Washington.

A new Wall Street Journal/NBC News poll found that despite the steady pace of hiring in recent months, 76% of adults lack confidence that their children's generation will have a better life than they do—an all-time high. Some 71% of adults think the country is on the wrong track, a leap of 8 points from a June survey, and 60% believe the U.S. is in a state of decline.

What's more, seven in 10 adults blamed the malaise more on Washington leaders than on any deeper economic trends, and 79% expressed some level of dissatisfaction with the American political system.

Read it all.

Filed under: * Culture-WatchPsychologySociology* Economics, PoliticsEconomyPolitics in GeneralHouse of RepresentativesOffice of the PresidentPresident Barack ObamaSenate* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

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Posted August 6, 2014 at 5:45 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

A Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2 billion username and password combinations and more than 500 million email addresses, security researchers say.

The records, discovered by Hold Security, a firm in Milwaukee, include confidential material gathered from 420,000 websites, ranging from household names to small Internet sites. Hold Security has a history of uncovering significant hacks, including the theft last year of tens of millions of records from Adobe Systems.

Hold Security would not name the victims, citing nondisclosure agreements and a reluctance to name companies whose sites remained vulnerable. At the request of The New York Times, a security expert not affiliated with Hold Security analyzed the database of stolen credentials and confirmed it was authentic. Another computer crime expert who had reviewed the data, but was not allowed to discuss it publicly, said some big companies were aware that their records were among the stolen information.

Read it all.

Filed under: * Culture-WatchBlogging & the Internet--Social NetworkingGlobalizationLaw & Legal IssuesScience & Technology* Economics, PoliticsDefense, National Security, MilitaryEconomyConsumer/consumer spendingCorporations/Corporate Life* International News & CommentaryEuropeRussia* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 5, 2014 at 5:29 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Even in death, you can’t escape the property bubble.

From New York to London, growing populations are competing with the deceased for land, driving up real-estate costs well into the afterlife. In Asian megacities, where cremation is the norm, even space for urns is in short supply.

“At the end of the day, it’s like any other piece of real estate,” says Amy Cunningham, a New York state licensed funeral director. “Prices have conspired to put burials out of the range of most people’s budgets.”

Read it all.

Filed under: * Christian Life / Church LifeParish MinistryDeath / Burial / Funerals* Culture-WatchReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeHousing/Real Estate Market* Theology

0 Comments
Posted August 5, 2014 at 11:06 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

A rush of newly insured patients using health services has boosted hospital operators' fortunes but has racked up costs that insurers didn't anticipate, corporate filings and interviews with executives show.

People are getting more back surgeries, seeking maternity care and showing up at emergency rooms more frequently, executives say, boosting income for hospital operators.

At Tenet Healthcare Corp....patient volumes rose 4% in the second quarter compared with a year earlier, while uninsured inpatient admissions slid 22%....

Read it all.

Filed under: * Culture-WatchHealth & Medicine--The 2009 American Health Care Reform Debate* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* International News & CommentaryAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 5, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

True to stereotype, San Francisco is the most leftie city in the union. But would people expect Washington, DC, to come second, ahead of Seattle (where it is legal to smoke pot) or the Democratic stronghold of Boston? On the other end of the scale, Mesa, Arizona is the most conservative large city, with a slew of Texan and Oklahoman municipalities high on the list. The data come from a study appearing this month in the American Political Science Review by Chris Warshaw of MIT and Chris Tausanovitch from the University of California at Los Angeles.

Read it all.

Filed under: * Culture-WatchUrban/City Life and Issues* Economics, PoliticsEconomyPolitics in General* International News & CommentaryAmerica/U.S.A.

0 Comments
Posted August 4, 2014 at 1:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

A recent Pew Research Center survey shows that neither world power has a clear advantage when it comes to the hearts and minds of people in Africa. Among the seven sub-Saharan African countries polled this year, at least six-in-ten in each nation say they have a favorable view of the U.S., including roughly three-quarters or more in Kenya, Ghana, Tanzania and Senegal. Broad majorities also rate China positively. The one exception is South Africa – just 45% express a favorable view of China, compared with 68% for the U.S.

Such questions are particularly important to U.S. officials this week as presidents and prime ministers from across Africa converge on Washington for the U.S.-Africa Leaders Summit. The meeting is billed by the Obama administration as the “largest event any U.S. President has held with African heads of state and government” and is meant to strengthen economic and diplomatic ties between the U.S. and African nations. Meanwhile, China has become Africa’s largest trading partner – surpassing the U.S. in 2009 – and just this year announced the formation of the “Africa Growing Together Fund,” a $2 billion investment vehicle created in partnership with the African Development Bank Group.

Read it all.


Filed under: * Culture-WatchGlobalization* Economics, PoliticsEconomy* International News & CommentaryAfricaAmerica/U.S.A.AsiaChina* TheologyEthics / Moral Theology

0 Comments
Posted August 4, 2014 at 12:26 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Keep Me Posted campaign, which is pressing for the consumer’s right to choose how they are contacted by banks, utility companies and other service providers, has been joined by The Church In Wales.

In the face of an increasing trend for businesses to switch their customers to mainly digital communication, the campaign is calling for service providers to give customers the choice to retain paper bills without charge. Research from the campaign shows that it is often the poor and most vulnerable people in society who rely the most on traditional methods of communication.

The Church, which takes very seriously the economic, social and environmental needs of the communities of Wales, and works in areas of deprivation facing economic inactivity, poverty, debt and low skills, has recognised the barriers many people have to using the internet.

Read it all.

Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of Wales* Culture-WatchReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spending* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 4, 2014 at 10:25 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

St. John’s Church is changing – again. After services ended several years ago at the Episcopalian church on the Union City/North Bergen border, a group of local residents and former congregants repurposed the space to hold community functions and kids’ classes. Now a large part of the church is being sold to a developer to be turned into low-income housing for a special needs population.

On Monday, July 28 the Zoning Board of Adjustment of the City of Union City held a special public meeting at which they approved the application by Garden State Episcopal Community Development Association Corporation (GSECDC) to purchase all of the church property except the rectory and sanctuary, and build 13 condominium units within the space....

At the Zoning Board meeting and a community meeting with the developers one week earlier, residents raised concerns about whether the programs previously held within the church space will be allowed to continue. The answer to that question is still up in the air.

Read more: Hudson Reporter - Historic church to become special needs housing Questions asked about community programs who gets priority for units


Read it all.

Filed under: * Anglican - EpiscopalEpiscopal Church (TEC)TEC Parishes* Christian Life / Church LifeParish MinistryStewardship* Culture-WatchReligion & Culture* Economics, PoliticsEconomyHousing/Real Estate Market

2 Comments
Posted August 4, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Like most people, I don’t particularly relish encounters with death. But, welcome or not, I’ve had my fair share. I’ve clasped a woman’s hand as her breathing slowed, became sporadic, and finally ceased. Through the cramped hallways of an ancient farmhouse, down which no stretcher could be maneuvered, I helped heft the sheet-wrapped body of a family’s matriarch to carry her to the waiting hearse. When a small Oklahoma church mourned a member who’d fallen asleep at the wheel, late at night, early in life, I was there, thinking of the joyless “Joy the World” the band of believers had choked out the day before that December 26th funeral. In each of these situations, the death of the young or the old, there was within me a desire to lighten the load of grief borne by the survivors, to shine a ray of life into the gloom of death.

Because of that desire, when I first heard about families opting to have a so-called “Celebration of Life” service for their departed loved ones, instead of a funeral, my interest was piqued. Perhaps here was a viable alternative. The name alone effuses a positive, uplifting appeal that “funeral” or “memorial service” can’t begin to match. Celebrations are good, right? And, life, well, who can possibly have any qualms about that? Perhaps this approach to confronting death, at least the ceremonial part of saying goodbye, would help alleviate some of the pain associated with, and expressed in, a more traditional rite. Maybe it was time to have a funeral for the funeral.

So what makes a Celebration of Life different? Rather than a focus upon the loss of a loved one, this service rewinds the present into the past, to draw the mourners back into the life lived by the deceased. It’s like a miniature, enacted biography of the person, with a focus upon those qualities, interests, and achievements that his family and friends found most endearing about him. Whereas a traditional funeral is structured around a liturgy, in this ceremony stories about the person—serious or lighthearted—take center stage. It is his funeral, after all, so shouldn’t it be about him?

Read it all.

Filed under: * Christian Life / Church LifeParish MinistryDeath / Burial / Funerals* Culture-WatchPsychologyReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spending* International News & CommentaryAmerica/U.S.A.

1 Comments
Posted August 4, 2014 at 7:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

It may have seemed like the makings of a perfect opening night: perhaps popcorn, soda, great seats, the whispering of an excited crowd as the lights went down for a midnight first peek at "Guardians of the Galaxy."

The previews rolled, and then ... whaaaat?

"omg," one moviegoer tweeted. "they started playing rise of the guardians instead of guardians of the galaxy."

How in the galaxy did that happen?

"EVERYONE IN THE THEATRE IS CRYING," the tweeter added.

Read it all.



Filed under: * Culture-WatchMovies & TelevisionScience & Technology* Economics, PoliticsEconomyConsumer/consumer spending* International News & CommentaryAmerica/U.S.A.

0 Comments
Posted August 3, 2014 at 3:28 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Pattaramon [ Chanbua] was promised 300,000 baht ($9,300) by a surrogacy agency in Bangkok, Thailand’s capital, to be a surrogate for the Australian couple, but she has not been fully paid since the children were born last December.

She said the agency knew about Gammy’s condition four to five months after she became pregnant but did not tell her. It wasn’t until the seventh month of her pregnancy when the doctors and the agency told her that one of the twin babies had Down syndrome and suggested that she have an abortion just for him.

Pattaramon recalled strongly rejecting the idea, believing that having the abortion would be sinful. “I asked them, ‘Are you still humans?’ I really wanted to know,” she said Sunday.

Read it all.

Filed under: * Culture-WatchChildrenGlobalizationHealth & MedicineLaw & Legal IssuesMarriage & FamilyScience & Technology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* International News & CommentaryAsiaThailandAustralia / NZ

0 Comments
Posted August 3, 2014 at 2:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Florida Blue, the state’s largest health insurer, is increasing premiums by an average of 17.6 percent for its Affordable Care Act exchange plans next year, company officials say.

The nonprofit Blue Cross and Blue Shield affiliate blames higher health costs that are a result of attracting older adults this year who previously lacked coverage and are using more services than expected.

Florida insurance regulators plan to release rate information for all companies next week. The exchange plans cover individuals who are not covered by employer-based policies.

Read it all.

Filed under: * Culture-WatchHealth & Medicine--The 2009 American Health Care Reform Debate* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeCredit MarketsPersonal FinancePolitics in General* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted August 3, 2014 at 12:28 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Dr. Bob Russo is sure of it. He's a radiologist and he's also the president-elect of the Connecticut State Medical Society. He says that the low rates and administrative burdens that come along with the ACA could make it a financial loser.

"You get what you pay for," he says. "If you can't convince [doctors] that they're not losing money doing their job, it's a problem. And they haven't been able to convince people of that."

He, like Counihan, worries about creating a tiered health care system. Think about Medicaid, he says. Before a recent rise in rates, it paid doctors even less than Medicare, so many stopped accepting Medicaid patients.

"There's no question that Medicaid, under its old rates, wasn't working," he says. "So, have we just invented a new Medicaid that kind of slid the scale up a little more to make access a little more?"

Read it all.

Filed under: * Culture-WatchHealth & Medicine--The 2009 American Health Care Reform Debate* Economics, PoliticsEconomyConsumer/consumer spendingPersonal FinanceThe U.S. Government* TheologyEthics / Moral Theology

0 Comments
Posted August 3, 2014 at 12:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The U.S.’s most dominant industries look a lot different than they did less than 25 years ago. From 1990 to 2013, the top industries by employment have changed from mostly manufacturing to mostly health-care and social-assistance jobs in the majority of states, according to a U.S. Bureau of Labor Statistics data analysis of its Quarterly Census of Employment and Wages. The states where retail jobs were most prevalent were located mostly in the West in 1990 and now reside predominantly in the Southeast.

Read it all.

Filed under: * Culture-WatchHistory* Economics, PoliticsEconomyCorporations/Corporate LifeLabor/Labor Unions/Labor Market* International News & CommentaryAmerica/U.S.A.

0 Comments
Posted August 3, 2014 at 6:15 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The income gap between rich and poor nations is more severe than the more highly publicized disparities between the top and bottom of the U.S. income ladder, according to a new study from the Federal Reserve Bank of St. Louis.

“While not to diminish the ample income inequality in the U.S., a focus on absolute inequality would suggest income disparity among the world’s population is a far greater concern,” write Lowell Ricketts and Christopher Waller, economic researchers at the St. Louis Fed.

Read it all.

Filed under: * Culture-WatchGlobalizationHistory* Economics, PoliticsEconomyPersonal FinanceForeign RelationsPolitics in General* International News & CommentaryAfricaAsiaEngland / UKEuropeSouth America* TheologyEthics / Moral Theology

0 Comments
Posted August 2, 2014 at 3:49 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

It’s not easy being a celebrity pastor these days with that pesky Internet around.

Consider the struggles of Mark Driscoll of Mars Hill Church in Seattle. Faced with mounting accusations circulating online — plagiarism, misusing church funds to prop book sales, silencing anyone in his church with the temerity to question him — Driscoll has urged his followers to stay off the Web. “It’s all shenanigans anyway,” he explains.

Steven Furtick, a megachurch pastor in North Carolina, and Dave Ramsey, an evangelical finance guru, have been taking hits, too, as have the wheeler-dealers on the Preachers of L.A. reality show. This, against a backdrop of culture shifts creating strong headwinds against the leader-and-follower model typified by today’s Christian superstars.

What are a megapastor and his followers to do? Remembering the biblical admonitions against idolatry would be a good start.

Read it all.

Filed under: * Christian Life / Church LifeParish MinistryMinistry of the Ordained* Culture-WatchMediaPsychologyReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spending* International News & CommentaryAmerica/U.S.A.* Religion News & CommentaryOther ChurchesEvangelicals* TheologyAnthropologyEschatologyPastoral Theology

2 Comments
Posted August 2, 2014 at 1:28 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

It has become a commonplace idea that today’s frothy financial markets are oblivious to the stream of bad news from eastern Europe, not to mention the Middle East. But that does not mean the news is not really bad at all. New York and London were equally blasé about the origins of the first world war. It was not until three weeks after the Sarajevo assassination that the London Times even mentioned the possibility that a European political crisis might lead to financial instability. Nine days later the stock exchange closed its doors, overwhelmed by panic selling as investors suddenly woke up to the reality of world war. Let no one reassure you that this crisis has somehow been “priced in”. No one priced in the guns of August 1914.

This should give not only historians pause. If great historical events can sometimes have causes that are too small for contemporaries to notice, might not a comparable crisis be in the making today? What exactly makes our July crisis different? Is it because we now have the UN and other international institutions? Hardly: with Russia a permanent member of the UN Security Council, that institution has been gridlocked over Ukraine. Is it because we now have the EU? Certainly, that eliminates the risk that any west European state might overtly take Russia’s side, as France and Britain did in 1914, but it has not stopped EU members with significant energy imports from Russia fighting tooth and nail against tougher sanctions.

What about the role of globalisation in diffusing international conflict? Sorry, you could have made the same argument 100 years ago (indeed, Norman Angell did, in his book The Great Illusion). Very high levels of economic interdependence do not always inoculate countries against going to war with each other.

Read it all.

Filed under: * Culture-WatchHistory* Economics, PoliticsDefense, National Security, MilitaryEconomyForeign RelationsPolitics in General* International News & CommentaryAmerica/U.S.A.England / UKEuropeRussiaUkraine* TheologyEthics / Moral Theology

0 Comments
Posted August 2, 2014 at 10:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon



Filed under: * Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeThe Banking System/Sector* International News & CommentaryCanada* TheologyEthics / Moral TheologyPastoral Theology

1 Comments
Posted August 2, 2014 at 9:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

On Friday, the Labor Department reported that while employers in July, the growth rate was not strong enough to push part-timers forward.

The showed payrolls grew by more than 200,000 for the sixth straight month, the longest stretch of such growth since 1997.

But the troubled part-time labor force remained roughly unchanged in July, with 7.5 million people still getting less than 40 hours of work per week, even though they are seeking full-time paychecks.

Read it all.

Filed under: * Economics, PoliticsEconomyLabor/Labor Unions/Labor Market

0 Comments
Posted August 2, 2014 at 8:55 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

As you plan — or even go — on your summer vacation, think about this: More and more Americans are no longer taking a few weeks off to suntan and sight see abroad. Instead they're working in orphanages, building schools and teaching English.

It's called volunteer tourism or "volunteerism." And it's one of the fastest growing trends in travel today. More than 1.6 million volunteer tourists are spending about $2 billion each year.

But some people who work in the industry are skeptical of volunteerism's rising popularity. They question whether some trips help young adults pad their resumes or college applications more than they help those in need.

Read it all.

Filed under: * Culture-WatchCharities/Non-Profit OrganizationsMarriage & FamilyPsychologyReligion & CultureTravel* Economics, PoliticsEconomyPersonal Finance* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 31, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

At a Vatican conference held July 29 to mark the World Day Against Trafficking, a U.S. diplomat said that the scourge of modern slavery will not be ended until the economic attitudes that lead to human trafficking are changed.

“One cannot simply protect the victims, and bring the victims into a place of safety, if one doesn’t do anything to change the underlying cultural assumptions that help create and foster this slavery, this exploitation, if one does not change the underlying economic assumptions that treat people as commodities,” Luis CdeBaca, the U.S. ambassador at large for trafficking in persons, said July 29 via video conference.

Read it all.

Filed under: * Culture-WatchLaw & Legal IssuesPolice/FireReligion & CultureSexualityViolenceWomen* Economics, PoliticsEconomyConsumer/consumer spendingPersonal FinanceThe Banking System/SectorForeign RelationsPolitics in General* Religion News & CommentaryOther ChurchesRoman Catholic* TheologyEthics / Moral Theology

0 Comments
Posted July 31, 2014 at 7:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Boeing Co. soon will assemble all three versions of the 787 Dreamliner at its non-unionized plant in North Charleston.

The Chicago-based aerospace giant said Wednesday it will produce the 787-10 - the largest version of the popular, back-ordered commercial jetliner - exclusively at its factory beside Charleston International Airport.

The expansion won't result in any new jobs or new buildings, a company official said. But at least one aviation analyst says the airplane manufacturer will have to boost its work force to meet increased production goals while introducing a new line.

Read it all.

Filed under: * Culture-WatchGlobalizationTravel* Economics, PoliticsEconomyConsumer/consumer spendingLabor/Labor Unions/Labor Market* South Carolina

0 Comments
Posted July 31, 2014 at 7:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

U.S. and European Union sanctions against Russia’s Vladimir Putin threaten to shut off some of the world’s largest energy companies from one of the biggest untapped energy troves on the planet.

As violence escalates in eastern Ukraine between government and separatist forces, the EU yesterday sought to punish Russia for its involvement by restricting exports of deep-sea drilling and shale-fracturing technologies. The U.S. followed suit, with President Barack Obama announcing a block on specific goods and technologies exported to the Russian energy sector.

“Because we’re closely coordinating our actions with Europe, the sanctions we’re announcing today will have an even bigger bite,” Obama told reporters yesterday at the White House. “Russia’s energy, financial and defense sectors are feeling the pain.”

Read it all.

Filed under: * Culture-WatchGlobalization* Economics, PoliticsDefense, National Security, MilitaryEconomyConsumer/consumer spendingCorporations/Corporate LifeEnergy, Natural ResourcesForeign RelationsPolitics in General* International News & CommentaryEngland / UKEuropeRussiaUkraine* TheologyEthics / Moral Theology

0 Comments
Posted July 30, 2014 at 5:45 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Kidnapping Europeans for ransom has become a global business for Al Qaeda, bankrolling its operations across the globe.

While European governments deny paying ransoms, an investigation by The New York Times found that Al Qaeda and its direct affiliates have earned at least $125 million in revenue from kidnappings since 2008, of which $66 million was paid just in the past year.

In various news releases and statements, the United States Treasury Department has cited ransom amounts that, taken together, put the total at around $165 million over the same period.

Read it all.

Filed under: * Culture-WatchLaw & Legal Issues* Economics, PoliticsEconomyPolitics in GeneralTerrorism* International News & CommentaryEurope* TheologyEthics / Moral Theology

0 Comments
Posted July 29, 2014 at 5:08 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Thousands of South Carolina residents who filed for Medicaid between October and mid-July are still waiting to find out if they qualify for the government's low-income health insurance program.

While most Medicaid applications are typically approved or denied within six days, the state agency responsible for processing the paperwork hasn't been able to keep pace with an influx from HealthCare.gov.

More than 43,000 South Carolina Medicaid applications were submitted through the new federal health insurance marketplace between Oct. 1 and July 13, but the S.C. Department of Health and Human Services has only managed to make its way through 25 percent of them.

Read it all.

Filed under: * Culture-WatchHealth & Medicine* Economics, PoliticsEconomyThe U.S. GovernmentMedicaidPolitics in GeneralState Government* South Carolina

0 Comments
Posted July 29, 2014 at 8:01 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Here is one:
Your opinion, in “Repeal Prohibition, Again,” that marijuana should be legalized is based in part on an assumption that during Prohibition “people kept drinking.” Prohibition reduced the public’s alcohol intake considerably. The rate of alcohol-associated illness dropped in similar fashion. Prohibition was perhaps a political failure, but an impressive success from a public health standpoint.

Both alcohol and marijuana can lead to the chronic disease of addiction, directly affect the brain and negatively affect function. As more than 10 percent of our population has addictive disease, your statement that marijuana is “far less dangerous than alcohol” doesn’t reflect decades of research demonstrating risks associated with both of these drugs.

Why would we possibly wish to add to the alcohol- and tobacco-driven personal and public health catastrophe with yet another substance to which some people will become addicted?

Some people use marijuana currently. Legalize it, and more people will use more marijuana, leading to more addiction, lower productivity and higher societal costs....
Read them all.

Filed under: * Culture-WatchAlcohol/DrinkingAlcoholismDrugs/Drug AddictionHealth & MedicineHistoryLaw & Legal IssuesPolice/FireMedia* Economics, PoliticsEconomyThe U.S. GovernmentPolitics in GeneralHouse of RepresentativesOffice of the PresidentSenate* TheologyEthics / Moral Theology

1 Comments
Posted July 29, 2014 at 5:31 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

It took 13 years for the United States to come to its senses and end Prohibition, 13 years in which people kept drinking, otherwise law-abiding citizens became criminals and crime syndicates arose and flourished. It has been more than 40 years since Congress passed the current ban on marijuana, inflicting great harm on society just to prohibit a substance far less dangerous than alcohol.

The federal government should repeal the ban on marijuana.

We reached that conclusion after a great deal of discussion among the members of The Times’s Editorial Board, inspired by a rapidly growing movement among the states to reform marijuana laws.

Read it all from this past weekend.

Filed under: * Culture-WatchDrugs/Drug AddictionHistoryLaw & Legal IssuesPolice/Fire* Economics, PoliticsEconomyThe U.S. GovernmentPolitics in GeneralHouse of RepresentativesOffice of the PresidentSenateState Government* TheologyEthics / Moral Theology

2 Comments
Posted July 29, 2014 at 5:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

As Robert Mutuku hangs “Out of Africa” T-shirts in his craft shop in the Kenyan port city of Mombasa, he worries that the scarcity of tourists because of Islamist-militant attacks may doom his chances of keeping his five children in school.

Mutuku, 47, has had to fire three people who made souvenirs at his workshop for the tourists who once crowded the alleys of the city’s Old Town to savor its spice aromas and admire its Portuguese and Islamic architecture. Now Mutuku is certain he won’t be able to fulfill the dream of his eldest daughter, Catherine Ndinya, 21, to attend college.

“I have spent three days without selling anything,” Mutuku said in a July 25 interview. “I already took a bank loan to send the others back to school this term. I don’t know what I’ll do next term.”

Read it all.

Filed under: * Culture-WatchViolence* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeTerrorism* International News & CommentaryAfricaKenya* TheologyEthics / Moral Theology

0 Comments
Posted July 28, 2014 at 5:15 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Two of the EU’s most senior figures have urged the bloc’s prime ministers to approve a sweeping set of new sanctions against Russia next week.

The move marks the clearest signal to date that Europe is prepared to change its cautious approach towards the Kremlin over the Ukraine crisis.

In a letter sent late on Friday to Europe’s prime ministers, Herman Van Rompuy, the European Council president, said the sanctions package – which is directed at Russia’s financial, energy and defence industries – “strikes the right balance”.

Read it all.

Filed under: * Culture-WatchViolence* Economics, PoliticsEconomyConsumer/consumer spendingThe Banking System/SectorForeign RelationsPolitics in General* International News & CommentaryEuropeRussiaUkraine* TheologyEthics / Moral Theology

0 Comments
Posted July 26, 2014 at 10:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

If ever a kitchen appliance captured the zeitgeist, this is it: you can now eat your own face, thanks to a selfie toaster.

The toasters are custom built to scorch a particular image into a piece of bread. They cost $75 (£45), and to order one you must send a picture of yourself to the manufacturer.

Read it all (subsciption required).

Filed under: * Culture-WatchDieting/Food/NutritionPsychology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* International News & CommentaryEngland / UK* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 25, 2014 at 5:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit. It's medical expenses.

An analysis this year by NerdWallet Health found that about 60% of all bankruptcies are health related. And a comprehensive study by Harvard researchers who examined a large sample of 2007 bankruptcy filings found that, "using a conservative definition, 62.1% of all bankruptcies … were medical." That research, published in the American Journal of Medicine, found that most of these "medical debtors were well educated, owned homes and had middle-class occupations."

And although access to health insurance can help stave off medical debt, it doesn't solve the problem. About 10 million insured Americans have medical bills they are unable to pay. The Harvard researchers found that three-quarters of the medical debtors they studied had health insurance.

Read it all.

Filed under: * Culture-WatchHealth & Medicine* Economics, PoliticsEconomyConsumer/consumer spendingPersonal Finance* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 24, 2014 at 5:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

t's not exactly "The Golden Girls," but for Marcia Rosenfeld, it'll do.

Rosenfeld is among thousands of aging Americans taking part in home-sharing programs around the country that allow seniors to stay in their homes and save money while getting some much-needed companionship.

"It's a wonderful arrangement," said the white-haired Rosenfeld, who when asked her age will only say she's a senior citizen. "The way the rents are these days, I couldn't stay here without it."

She shares her two-bedroom, $1,000-a-month Brooklyn apartment with Carolyn Allen, a 69-year-old widow who has suffered two strokes and no longer wants to live alone.

Agencies that put such seniors together say the need appears to be growing as baby boomers age and struggle to deal with foreclosures, property taxes and rising rents. The typical situation involves an elderly woman, widowed or divorced, who has a house or an apartment with extra room and needs help with the upkeep.

Read it all.

Filed under: * Culture-WatchAging / the Elderly* Economics, PoliticsEconomyConsumer/consumer spendingHousing/Real Estate MarketPersonal FinanceThe Credit Freeze Crisis of Fall 2008/The Recession of 2007--* International News & CommentaryAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 23, 2014 at 3:30 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

So much soot belched from the old power plant here that Mike Zeleny would personally warn the neighbors.

“If the wind was blowing in a certain direction,” Mr. Zeleny said, “we’d call Mrs. Robinson down the street and tell her not to put out her laundry.”

That coal plant is long gone, replaced by a much larger and cleaner one along the vast Saskatchewan prairie. Sooty shirts and socks are a thing of the past.

But as with even the most modern coal plants, its smokestacks still emit enormous amounts of carbon dioxide, the invisible heat-trapping gas that is the main contributor to global warming. So this fall, a gleaming new maze of pipes and tanks — topped with what looks like the Tin Man’s hat — will suck up 90 percent of the carbon dioxide from one of the boilers so it can be shipped out for burial, deep underground.

Read it all.

Filed under: * Culture-WatchGlobalizationScience & Technology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeEnergy, Natural Resources* International News & CommentaryCanada* TheologyEthics / Moral Theology

15 Comments
Posted July 23, 2014 at 7:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Church of England’s prolonged struggle to sell its stake in Wonga, the payday lender, illustrates the problems that investors can encounter when they lock up their capital in illiquid private vehicles instead of buying publicly traded securities that offer a straightforward exit.

However, buying and selling positions in existing private equity funds in the secondary market is becoming increasingly popular, attracting growing interest from institutional investors.

Ardian, a Paris-based manager, raised $9bn earlier this year to create the largest private equity secondary market fund to date while Lexington Capital Partners is looking to raise $8bn to $10bn for its latest secondary vehicle.

Read it all.

Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of England (CoE)* Christian Life / Church LifeParish MinistryStewardship* Economics, PoliticsEconomyCorporations/Corporate LifeCredit MarketsStock MarketThe Banking System/Sector* International News & CommentaryEngland / UK* TheologyEthics / Moral Theology

0 Comments
Posted July 22, 2014 at 4:49 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Internal Revenue Service said it will monitor churches and other houses of worship for electioneering in a settlement reached with an atheist group.

The settlement was reached Friday (July 18) in federal court in Madison, Wis., where the initial lawsuit was filed in 2012 by the Freedom from Religion Foundation, a Wisconsin-based atheist advocacy group that claims 20,000 members nationwide.

The suit alleged the IRS routinely ignored complaints by the FFRF and others about churches promoting political candidates, issues or proposed legislation. As part of their tax-exempt status, churches and other religious groups are prohibited from engaging in partisan political activity.

Read it all.

Filed under: * Culture-WatchLaw & Legal IssuesChurch/State MattersReligion & Culture* Economics, PoliticsEconomyTaxesThe U.S. GovernmentPolitics in General

3 Comments
Posted July 22, 2014 at 11:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

A record 57 million Americans, or 18.1% of the population of the United States, lived in multi-generational family households in 2012, double the number who lived in such households in 1980.1

After three decades of steady but measured growth, the arrangement of having multiple generations together under one roof spiked during the Great Recession of 2007-2009 and has kept on growing in the post-recession period, albeit at a slower pace, according to a new Pew Research Center analysis of U.S. Census Bureau data.

Read it all.

Filed under: * Culture-WatchMarriage & FamilyYoung Adults* Economics, PoliticsEconomyHousing/Real Estate MarketLabor/Labor Unions/Labor Market

0 Comments
Posted July 22, 2014 at 7:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

"As many as 1 in 5 of the people in the top half of the tax credit range might actually end up having income that puts them out of the tax credit range, which means whopping bills at tax time," Brandes said. "We're talking about millions of people here."

Read it all.

Filed under: * Culture-WatchHealth & Medicine--The 2009 American Health Care Reform Debate* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeLabor/Labor Unions/Labor MarketPersonal Finance* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 21, 2014 at 3:30 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

1 The French don’t care about affairs. Extramarital affairs are widely viewed as morally unacceptable around the world, with one notable exception: France. Only 47% of the French said having an extramarital affair was morally unacceptable in our 2013 survey, while four-in-ten thought it was not a moral issue, and 12% said it was actually morally acceptable. France was the only country out of the 40 we surveyed where less than half of respondents described infidelity as unacceptable. This laissez-faire attitude also extends to premarital sex: only 6% of the French view it as morally unacceptable.

2 The French work less and vacation more than most others. People in France work 1,479 hours a year, much less than the OECD average of 1,765 hours and the U.S. average of 1,790 hours. France also has the most generous amount of paid vacation among 21 of the world’s wealthiest nations, according to the Center for Economic and Policy Research.

Read it all.

Filed under: * Culture-WatchAlcohol/DrinkingMarriage & FamilySexuality* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* International News & CommentaryEuropeFrance* TheologyEthics / Moral Theology

0 Comments
Posted July 21, 2014 at 4:40 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

[On Friday]...hundreds of locals flocked to St James in West Hampstead to celebrate the post office's grand opening.

Father Andrew Foreshew-Cain, who made the decision to mix consumerism with spiritualism, said: "We're bringing a service to the local community which is an expression of Christian love.

"The local post office closed and there was nowhere else for a new one to go.

"An awful lot of hard work has gone on to make it happen, but it was worth it - God has provided."

Read it all.


Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of England (CoE)* Christian Life / Church LifeParish Ministry* Culture-WatchReligion & Culture* Economics, PoliticsEconomy* International News & CommentaryEngland / UK

1 Comments
Posted July 20, 2014 at 2:55 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Rodney Durham stopped working in 1991, declared bankruptcy and lives on Social Security. Nonetheless, Wells Fargo lent him $15,197 to buy a used Mitsubishi sedan.

“I am not sure how I got the loan,” Mr. Durham, age 60, said.

Mr. Durham’s application said that he made $35,000 as a technician at Lourdes Hospital in Binghamton, N.Y., according to a copy of the loan document. But he says he told the dealer he hadn’t worked at the hospital for more than three decades. Now, after months of Wells Fargo pressing him over missed payments, the bank has repossessed his car.

This is the face of the new subprime boom. Mr. Durham is one of millions of Americans with shoddy credit who are easily obtaining auto loans from used-car dealers, including some who fabricate or ignore borrowers’ abilities to repay.

Read it all.


Filed under: * Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifePersonal FinanceThe Banking System/Sector* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 20, 2014 at 12:15 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Here are 6 ways corporations act religiously:
1. They give generously from their company’s profits.

Manoj Bhargava, the reclusive founder and owner of the billion-dollar enterprise 5 Hour Energy, is a deeply religious man. He spent his twenties as a monk in India, traveling between monasteries on a spiritual quest. To this day, Bhargava spends an hour each morning in meditation, and he says that while he has “made a lot of money in the West,” he does “not believe in much personal consumption.” Bhargava has committed 90 percent of his company’s profits to charity, primarily to Hindu charities in India.

Bhargava predicts that over the next 10 years the company will give away over $1 billion to charity. Similarly, Christian brothers and business owners in Memphis recently gave their entire $250 million company away to their charitable foundation.

2. They are guided by their sacred texts.

Talia Mashiach is the high-powered founder of Eved, an e-commerce company. She is also an Orthodox Jew who draws upon her faith to lead her business and her employees. Eved now employs 50 people and processes over $80 million annually in transactions. Like many entrepreneurs, she experiences the tensions of integrating her faith with her business, but she gleans guidance from the Torah, the Jewish holy book.

Read it all.

Filed under: * Christian Life / Church LifeParish MinistryStewardship* Culture-WatchReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spendingLabor/Labor Unions/Labor Market* International News & CommentaryAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 19, 2014 at 6:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

...there are forces at work here that we should recognize, name and resist.

First is the upper-class, competition-driven vision of childhood as a rigorously supervised period in which unattended play is abnormal, risky, weird. This perspective hasn’t just led to “the erosion of child culture,” to borrow a quote from Hanna Rosin’s depressing Atlantic essay on “The Overprotected Kid”; it has encouraged bystanders and public servants to regard a deviation from constant supervision as a sign of parental neglect.

Second is the disproportionate anxiety over child safety, fed by media coverage of every abduction, every murdered child, every tragic “hot car” death. Such horrors are real, of course, but the danger is wildly overstated: Crime rates are down, abductions and car deaths are both rare, and most of the parents leaving children (especially non-infants) in cars briefly or letting them roam a little are behaving perfectly responsibly.

Third is an erosion of community and social trust, which has made ordinary neighborliness seem somehow unnatural or archaic, and given us instead what Gracy Olmstead’s article in The American Conservative dubs the “bad Samaritan” phenomenon — the passer-by who passes the buck to law enforcement as expeditiously as possible.

Read it all.

Filed under: * Culture-WatchChildrenLaw & Legal IssuesPolice/FireMarriage & Family* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 19, 2014 at 2:01 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

We live in intolerant times. A former Secretary of State is disinvited from speaking on campus. Corporate leaders are forced to resign because of their views on marriage. People are forced by the courts to violate their consciences. A prominent Senate leader calls Tea Party activists “anarchists” and, in a speech reminiscent of McCarthyism, brands the businessmen-philanthropist Koch brothers “un-American.” The Internal Revenue Service—harking back to the Johnson and Nixon eras—is accused of targeting individuals and groups for their political views. And government leaders routinely ignore laws they are sworn to uphold.

This is more than intolerant. It is illiberal. It is a willingness to use coercive methods, from government action to public shaming, to shut down debate and censor those who hold a different opinion as if they have no right to their views at all.

Read it all and read part two there also.



Filed under: * Culture-WatchLaw & Legal IssuesPsychologyReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifePolitics in General* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

2 Comments
Posted July 18, 2014 at 11:56 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

If they can be tempted away from their workplaces to worship, churches can make parishioners happier with their jobs, new research shows.

Regular attenders who frequent a church that teaches God is present at your workplace, work is a mission from God, or that faith can guide work decisions and practices is a good sign for your career, according to a recent study from Baylor University.

Those who often attend churches with that philosophy are more likely to be committed to their work, be satisfied with their work and look for ways to expand or grow the business.

The effect isn't huge, but it is statistically significant, said Baylor researcher Jerry Park. Park and his fellow researchers point out in the study that the small effect size might be meaningful in another way: As an indication that current survey questions and methods do a poor job of measuring the importance and influence of religion in respondents' lives.

Read it all.

Filed under: * Christian Life / Church LifeParish Ministry* Culture-WatchReligion & Culture* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 17, 2014 at 1:38 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

As long as that phone is acting as a kind of electronic umbilical cord, parents can tell themselves their children are safe.

But increasingly the smartphone itself is an instrument of harm. Such is the case with a 16-year-old Houston girl named Jada, who entered the spotlight as she publicly confronted the evidence that she had been raped at a party by at least one other teenager. She says she passed out after drinking a beverage that was spiked and only learned of the crime after her classmates began tweeting photos and videos taken of her unconscious, partly nude body. (Houston police are investigating; no one has been charged.)

What happened next is remarkable in ways that instill faith in the human spirit and at the same time provoke disgust at the depravity and lemming-like behavior that teenagers with smartphones are capable of.

Read it all.

Filed under: * Culture-WatchBlogging & the Internet--Social NetworkingChildrenMarriage & FamilyScience & TechnologyTeens / YouthViolence* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* International News & CommentaryAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 17, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

China faces what would be the second default in the nation’s onshore bond market after a builder said it may fail to make a payment next week, the latest sign of stress in the world’s biggest corporate debtload.

Huatong Road & Bridge Group Co., based in the northern province of Shanxi, said it may miss a 400 million yuan ($64.5 million) note payment due July 23, according to a statement to the Shanghai Clearing House yesterday. Chairman Wang Guorui is assisting authorities with an official investigation, it said, without elaborating. Wang was removed from the Chinese People’s Political Consultative Conference Shanxi Committee on July 9 for suspected violations of the law, according to an official statement and media report last week.

Read it all.

Filed under: * Culture-WatchGlobalization* Economics, PoliticsEconomy* International News & CommentaryAsiaChina

0 Comments
Posted July 17, 2014 at 7:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Shaw Air Force Base was spared in this round of the Air Force’s budget cuts, losing no jobs, but Joint Base Charleston will have 19 positions eliminated.

The announced cuts were the first permanent jobs lost in South Carolina in what is expected to to be a deep reduction in the military following 13 years of war in Iraq and Afghanistan. State leaders are preparing to fight for the state’s seven installations, based mostly in Columbia, Charleston and Beaufort.

The installations and their missions, as well as a large National Guard, numerous defense contractors in the Upstate and a high number of retirees, especially on the coast, pump nearly $16 billion a year into the state’s economy, according to a study by the S.C. Department of Commerce.

Read it all.


Filed under: * Economics, PoliticsDefense, National Security, MilitaryEconomyConsumer/consumer spendingThe U.S. GovernmentBudgetPolitics in GeneralState Government* International News & CommentaryAmerica/U.S.A.* South Carolina

0 Comments
Posted July 17, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Shorty after the sanctions were unveiled, US President Barack Obama made a statement where he said these measures were designed to bring no inconveniences to US companies and its allies.

"These sanctions are significant, but they are also targeted - designed to have the maximum impact on Russia while limiting any spillover effects on American companies or those of our allies," Obama vowed.

But Putin reminded about the existing agreement between Russia’s oil giant Rosneft and ExxonMobil that has granted the US-based energy corporation access to the Russian hydrocarbon reserves in the Arctic.

“So, don’t they want it [ExxonMobil] to work there? They are dealing damage to their biggest energy companies - and to what purpose?” Putin wondered speaking at a press conference on Thursday.

Read it all.

Filed under: * Economics, PoliticsDefense, National Security, MilitaryEconomyForeign RelationsPolitics in General* International News & CommentaryAmerica/U.S.A.EuropeRussiaUkraine

0 Comments
Posted July 17, 2014 at 5:29 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The $2.8 trillion Social Security Trust Fund is on track to be totally spent by 2030, the Congressional Budget Office said Tuesday.

That's one year earlier than projected in 2013 and a decade earlier than the CBO estimated as recently as 2011.

The CBO delivered the warning in a gloomy long-term budget outlook that shows federal debt reaching 106% of GDP in 25 years, up from 74% now.

Read it all.

Filed under: * Culture-WatchAging / the Elderly* Economics, PoliticsEconomyThe U.S. GovernmentBudgetSocial SecurityThe National Deficit* TheologyEthics / Moral Theology

0 Comments
Posted July 15, 2014 at 3:24 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Ms. Yellen, in downplaying concerns about financial stability, said the economic recovery remained incomplete and the Fed’s help was necessary.

“Too many Americans remain unemployed, inflation remains below our longer-run objective and not all of the necessary financial reform initiatives have been completed,” Ms. Yellen told the Senate Banking Committee.

Ms. Yellen’s testimony is likely to reinforce a sense of complacency among investors who regard the Fed as convinced of its forecast and committed to its policy course. She reiterated the Fed’s view that the economy will continue to grow at a moderate pace, and that the Fed is in no hurry to start increasing short-term interest rates.

Read it all.

Filed under: * Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeHousing/Real Estate MarketLabor/Labor Unions/Labor MarketPersonal FinanceThe Banking System/SectorThe Credit Freeze Crisis of Fall 2008/The Recession of 2007--The U.S. GovernmentFederal Reserve* International News & CommentaryAmerica/U.S.A.

0 Comments
Posted July 15, 2014 at 12:47 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

William "Jackrabbit" Large pulls his SUV onto the side of a downtown Seattle street, parking behind an Amazon Fresh delivery truck and carrying a product the online retailer doesn't offer: marijuana.

The thin, bespectacled Large is a delivery man for Winterlife, a Seattle company that is among a group of new businesses pushing the limits of Washington state's recreational pot industry by offering to bring marijuana to almost any doorstep.

"It's an opportunity that should not be missed," Large says with the kind of fast-talking voice meant for radio.

Read it all.

Filed under: * Culture-WatchDrugs/Drug AddictionLaw & Legal Issues* Economics, PoliticsEconomyConsumer/consumer spendingPolitics in GeneralCity GovernmentState Government* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 15, 2014 at 6:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

...as a result of reforms initiated by Pope Benedict XVI and pursued vigorously by Francis, the outlines are emerging of a more transparent, rational system. Cardinal Pell, a no-nonsense Australian appointed in February to head a new secretariat for the economy, announced two main changes.

The first concerns the Administration of the Patrimony of the Holy See (APSA). Less well-known than the IOR, APSA generates most of the cash to pay for the Vatican’s administration. It has two sections. One oversees the property left to the Vatican after the occupation and eradication of the Papal State during Italy’s unification in the 19th century. The other section invests the papal “nest-egg”: the cash Italy’s fascist dictator, Benito Mussolini, gave the papacy in 1929 to compensate it for the loss of its territories. The first section is to be hived off into Cardinal Pell’s “finance ministry”; the second will become, in effect, the Vatican’s central bank.

The big change at the IOR is that it has a new board and a new president—the third in 26 months (for nine of which the post was vacant).

Read it all.

Filed under: * Culture-WatchReligion & Culture* Economics, PoliticsEconomyThe Banking System/Sector* Religion News & CommentaryOther ChurchesRoman CatholicPope Francis * TheologyEthics / Moral Theology

0 Comments
Posted July 15, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

As the social apparatuses and laws of post-Christian cultures continue to develop in ways opposed to Christianity, Christian churches faithful to the hope of the Christian message will have to create alternative structures of care for those who are dying. Rather than relying on for-profit hospices and state-funded apparatuses that participate in the utilitarian logic of assisted death, they will once again have to create hospices engaged in the Christian tradition of hospitality.

The narrative of Resurrection is opposed to the logic of assisted death. The hope of the Resurrection is not one of fanciful longing for reversal of physical death. Rather, the Christian narrative is one that claims that even the least of these can find hope, meaning and a life worth living in death's darkest hour, and that death does not have the final word in the hard work of dying.

The work animated by the Christian message is what created health care in the West, and it is what should animate Christian care of the dying against the logic of assisted death in the regnant social structures of modern health care.

Read it all.

Filed under: * Christian Life / Church LifeParish MinistryDeath / Burial / Funerals* Culture-WatchAging / the ElderlyHealth & MedicineLaw & Legal IssuesLife EthicsReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spending* TheologyAnthropologyEthics / Moral TheologyTheology: Scripture

0 Comments
Posted July 15, 2014 at 5:20 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The hole at the cemetery was dug. The flowers had arrived, family and friends had gathered, food was ready for the reception. All that was missing was the deceased. Doris Davis could not make her own funeral.

Ms. Davis, 92, was born here, died here and wanted to be buried here. But the island’s only funeral home had closed in January. Since then, the bodies of the dead have had to be shipped by ferry, a two-and-a-half hour ride across Nantucket Sound, to be embalmed at a funeral home on the Cape Cod mainland and then brought back by ferry for burial.

But on Feb. 14, the day of Ms. Davis’s funeral, New England was digging out from a huge snowstorm and bracing for the next. Foul weather forced the cancellation of the ferry that was to bring Ms. Davis home. Her body spent almost a month on the mainland at the funeral home, but suspended in what her daughter called a heartbreaking limbo.

Read it all.


Filed under: * Christian Life / Church LifeParish MinistryDeath / Burial / Funerals* Culture-WatchReligion & CultureRural/Town Life* Economics, PoliticsEconomyConsumer/consumer spendingPersonal Finance* TheologyAnthropologyEthics / Moral Theology

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Posted July 14, 2014 at 4:10 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Cyberspace has become shorthand for the computing devices, networks, fibre-optic cables, wireless links and other infrastructure that bring the internet to billions of people around the world. The myriad connections forged by these technologies have brought tremendous benefits to everyone who uses the web to tap into humanity’s collective store of knowledge every day.

But there is a darker side to this extraordinary invention. Data breaches are becoming ever bigger and more common. Last year over 800m records were lost, mainly through such attacks.... Among the most prominent recent victims has been Target, whose chief executive, Gregg Steinhafel, stood down from his job in May, a few months after the giant American retailer revealed that online intruders had stolen millions of digital records about its customers, including credit- and debit-card details. Other well-known firms such as Adobe, a tech company, and eBay, an online marketplace, have also been hit.

The potential damage, though, extends well beyond such commercial incursions. Wider concerns have been raised by the revelations about the mass surveillance carried out by Western intelligence agencies made by Edward Snowden, a contractor to America’s National Security Agency (NSA), as well as by the growing numbers of cyber-warriors being recruited by countries that see cyberspace as a new domain of warfare. America’s president, Barack Obama, said in a White House press release earlier this year that cyberthreats “pose one of the gravest national-security dangers” the country is facing.

Read it all.

Filed under: * Culture-WatchGlobalizationScience & Technology* Economics, PoliticsDefense, National Security, MilitaryEconomyConsumer/consumer spendingCorporations/Corporate LifeForeign RelationsPolitics in General* TheologyEthics / Moral Theology

0 Comments
Posted July 14, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

[Recently we learned that]...a critical threshold has now been reached in the 10,000-year history of urban civilization. On Thursday, the United Nations declared for the first time that more than half of the people on the planet live in cities. Only 70 years ago, less than a third did. And by 2050, two-thirds of people will be living in cities.

The rapid pace in urbanization has many causes, such as better transportation and a rise in manufacturing. China, for example, has seen the world’s largest migration as more than 150 million rural people have moved to cities in recent decades for factory jobs and better education after the country embraced a market economy.

But a deeper cause likely drives people to live in close proximity to each other and put up with noise, traffic, pollution, and high prices....Cities are escalators to the good life. They are dream factories. Urban migrants put up with squalor in order to lift their families out of generations of rural stagnation.

Read it all.

Filed under: * Culture-WatchHistoryUrban/City Life and Issues* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeHousing/Real Estate MarketLabor/Labor Unions/Labor MarketPolitics in GeneralCity Government* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 13, 2014 at 5:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Tonight we're about to take you to the place where hundreds of thousands come every year for a tempting bargain. But is it really worth it?

You're about to meet a woman who flew 6,000 milines to get what she really wants, but is it worth it? If plastic surgery had a Mecca, it would be the ritzy district of South Korea. Everywhere you look there are women seemingly trying to look like the plastic doll-like plastic people here.

Thousands travel to Korea from all over the globe to go under the knife. I think the results would be here in Korea because they know the asian face better. Reporter: The plastic surgeons in Korea are regarded as among the best in the world that attracts clients like this lady.

Read or watch it all (note the transcript link at the bottom of the page).

Filed under: * Christian Life / Church LifeParish MinistryStewardship* Culture-WatchHealth & MedicineWomenYoung Adults* Economics, PoliticsEconomyConsumer/consumer spendingPersonal Finance* International News & CommentaryAsiaSouth Korea* TheologyAnthropologyEthics / Moral Theology

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Posted July 12, 2014 at 1:29 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Church Commissioners for England are pleased to announce that their indirect investment exposure to Wonga in their venture capital portfolio has been removed. The Church Commissioners no longer have any financial or any other interest in Wonga.

The terms ensure that the Church Commissioners have not made any profit from their investment exposure to Wonga.

At no time have the Commissioners invested directly in Wonga or in other pay day lenders. The indirect exposure of the Commissioners through pooled funds represented considerably less than 0.01% of the value of Wonga.

Read it all.

Filed under: * Anglican - EpiscopalArchbishop of Canterbury --Justin WelbyAnglican ProvincesChurch of England (CoE)* Culture-WatchReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceStock MarketThe Banking System/Sector* International News & CommentaryEngland / UK* TheologyEthics / Moral Theology

0 Comments
Posted July 11, 2014 at 6:10 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Church of England has jettisoned its stake in the payday lender Wonga, finally distancing itself from the firm it accused of exploiting the poor.

The move by the Church’s financial arm, the Church Commissioners, represents a victory for the Archbishop of Canterbury, the Most Rev Justin Welby who has waged a high-profile campaign against high interest lenders.

He faced acute embarrassment last summer when, just a day after the publication of an interview in which he spoke of hoping to force Wonga out of business, it emerged that the Church’s financial arm, the Church Commissioners, had an indirect investment in the company....

Read it all.

Filed under: * Anglican - EpiscopalArchbishop of Canterbury --Justin WelbyAnglican ProvincesChurch of England (CoE)* Culture-WatchReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceThe Banking System/Sector* International News & CommentaryEngland / UK* TheologyEthics / Moral Theology

0 Comments
Posted July 10, 2014 at 6:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The US Supreme Court yesterday vindicated two Christian-owned companies, Hobby Lobby and Conestoga Woods, that have a pro-life objection to including in their employee health plans certain contraceptive drugs and devices. In a 5-4 decision, the Court said that the government did not meet the test set up by the Religious Freedom Restoration Act (RFRA), a 1993 law passed with overwhelming support in Congress and proudly signed into law by President Bill Clinton.

The controversy is over the contraceptives mandate in the 2010 health care reform law, which requires employers’ health plans to cover a wide range of contraceptive drugs and devices, including some the companies and others regard as abortifacients. Churches are exempt from the mandate; after widespread protest, religious nonprofits such as colleges and hospitals were offered an “accommodation”: the insurer provides to the organization a health plan excluding objectionable contraceptives and then announces to the employees that those contraceptives will be paid for by the insurer. No relief at all was offered to companies like those in the cases decided yesterday: religion has no place in commerce, the government claimed. Some 100 lawsuits, by businesses as well as religious nonprofits, have been launched against the contraceptives mandate.

Besides the relief granted to the two companies and others with similar religious claims, what’s most important is the Supreme Court’s rejection of the government’s effort to make business a religion-free zone.

Read it all.

Filed under: * Culture-WatchLaw & Legal IssuesReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifeLabor/Labor Unions/Labor Market* International News & CommentaryAmerica/U.S.A.Canada* TheologyEthics / Moral Theology

0 Comments
Posted July 10, 2014 at 3:20 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

“Google it” is synonymous with seeking information. Now Google Inc. (GOOG) is struggling with a new rule: “Hide it.”

The world’s biggest search-engine company is grappling with how to apply a European Union court decision that said citizens have a so-called right to be forgotten when Internet searches throw up results that are “inadequate, irrelevant, no longer relevant, or excessive.”

The company faces criticism from all sides for its response. It made a U-turn by restoring links to Daily Telegraph and Guardian newspaper stories in the U.K. after it was attacked for playing the role of press censor. Meanwhile, the country’s privacy watchdog said complaints have started to come from citizens who want information blocked.

Read it all.

Filed under: * Culture-WatchBlogging & the InternetGlobalizationLaw & Legal IssuesMedia* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* TheologyAnthropologyEthics / Moral Theology

1 Comments
Posted July 10, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

For many members of the class of 2014 who borrowed money to attend college, the clock is ticking on what is likely to be their biggest expense after graduation.

They'll have to start paying back their federal student loans in November or December—as the six-month grace period that lenders give new grads comes to an end. But depending on their income—or lack of income, if they're still looking for work—some borrowers may be eligible for much lower payments than they'd anticipated.

Read it all.

Filed under: * Culture-WatchEducationLaw & Legal IssuesYoung Adults* Economics, PoliticsEconomyLabor/Labor Unions/Labor MarketPersonal FinancePolitics in General

0 Comments
Posted July 9, 2014 at 4:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Barristers’ Society will admit Christians who, as individuals, have practiced their beliefs about sexuality and marriage while attending any Canadian law school other than TWU’s. It is only when these same individuals, adhering to the same beliefs and committed to the same lifestyle, associate with each other in a community to study law, that the Barristers’ Society considers them unfit to practice law in Nova Scotia. Essentially, the Barristers’ Society is punishing the choice to share beliefs and pursue common goals in community. This attacks Charter-protected freedom of association....

Freedom of association is a two-way street: a private institution enjoys the freedom to determine and live out its beliefs, and individuals have the freedom not to join it. Rejecting this two-way street, the Barristers’ Society would deny TWU its freedom to create and operate a law school, only because the Barristers’ Society disagrees with TWU’s beliefs about marriage and sexuality. This is a demand for conformity, and a rejection of the authentic diversity that characterizes our free society.

Read it all.

Filed under: * Culture-WatchLaw & Legal IssuesMarriage & FamilyReligion & Culture* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* International News & CommentaryCanada* TheologyEthics / Moral Theology

1 Comments
Posted July 9, 2014 at 6:20 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

On the campaign trail, Brat declared that bankers should have gone to jail and that “crony capitalists,” like Cantor, had undermined the system. “I’m not against business,” he said. “I’m against big business in bed with big government.”

Instead of arguing for any specific regulation, however, Brat said that the system simply needed more virtue. “We should love our neighbor so much that we actually believe in right and wrong and do something about it,” he wrote in a 2011 essay for Interpretation: A Journal of Bible and Theology. “If we all did the right thing and had the guts to spread the word, we would not need the government to backstop every action we take.”

The idea that religion plays a role in economic growth was most famously advocated by the German sociologist Max Weber. In his 1905 book, “The Protestant Ethic and the Spirit of Capitalism,” he argued that Protestant countries developed more quickly because they embraced hard work as a virtue. Over the decades, others have continued to see merit in the theory, including J. Bradford DeLong, an economist at the University of California, Berkeley, who presented statistical evidence for it in a 1988 paper. Even Friedrich Hayek, a professed agnostic, grudgingly acknowledged the role of religion. “Like it or not,” he once wrote, “we owe the persistence of certain practices, and the civilization that resulted from them, in part to support from beliefs which are not true.”

Read it all.

Filed under: * Culture-WatchHistoryReligion & Culture* Economics, PoliticsEconomy* TheologyEthics / Moral Theology

0 Comments
Posted July 8, 2014 at 11:10 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

One such company was hailed last year by the left-wing policy website Demos “for thumbing its nose at the conventional wisdom that success in the retail industry” requires paying “bargain-basement wages.” A retail chain with nearly 600 stores and 13,000 workers, this business sets its lowest full-time wage at $15 an hour, and raised wages steadily through the stagnant postrecession years. (Its do-gooder policies also include donating 10 percent of its profits to charity and giving all employees Sunday off.) And the chain is thriving commercially — offering, as Demos put it, a clear example of how “doing good for workers can also mean doing good for business.”

Of course I’m talking about Hobby Lobby, the Christian-owned craft store that’s currently playing the role of liberalism’s public enemy No. 1, for its successful suit against the Obama administration’s mandate requiring coverage for contraceptives, sterilization and potential abortifacients.

But this isn’t just a point about the company’s particular virtues. The entire conflict between religious liberty and cultural liberalism has created an interesting situation in our politics: The political left is expending a remarkable amount of energy trying to fine, vilify and bring to heel organizations — charities, hospitals, schools and mission-infused businesses — whose commitments they might under other circumstances extol.

Read it all.

Filed under: * Culture-WatchHealth & MedicineLaw & Legal IssuesLife EthicsReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifePolitics in General* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 8, 2014 at 7:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Most Rev is on track-ish. But like many commentators and politicians, he has not done his segmentation analysis to A-grade standard. His focus is too much on the "what" and not enough on the "for whom", which is a marketing motherhood error.

The Archbishop's concern is mainly with the grip of poverty that forces the zero-income, deprived and desperate sections of society deeper into the darkness of debt. He is bringing his formidable intelligence and experience to bear in highlighting their plight and is contributing significantly to bringing them alternative and better support. To have an Anglican Primate showing the wit and will to do more than posture and politicise, is a refreshing novelty for the Church of England. His ideas around the Credit Champions Network and for using the churches as financial advisory centres for those in poverty are genuinely original. After all, when Jesus threw over the tables of money-changers in the temple of Jerusalem, he didn't specifically object to advisory-only services.

But, knowingly or not, The Archbishop is nonetheless grossly over simplifying the situation by claiming that the Credit Unions' "responsible credit and saving are real alternatives to the services currently provided by payday lenders".

Read it all.

Filed under: * Anglican - EpiscopalArchbishop of Canterbury --Justin Welby* Culture-WatchPovertyReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceThe Banking System/Sector* International News & CommentaryEngland / UK

0 Comments
Posted July 8, 2014 at 5:45 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

3. Encourage everyone to “take a step back”

There comes a point in most meetings where everyone is chiming in, except you. Opinions and data and milestones are being thrown around and you don’t know your CTA from your OTA. This is a great point to go, “Guys, guys, guys, can we take a step back here?” Everyone will turn their heads toward you, amazed at your ability to silence the fray. Follow it up with a quick, “What problem are we really trying to solve?” and, boom! You’ve bought yourself another hour of looking smart.

Read it all.

Filed under: * Culture-WatchPsychology* Economics, PoliticsEconomyCorporations/Corporate LifeLabor/Labor Unions/Labor Market* General InterestHumor / Trivia* TheologyAnthropology

0 Comments
Posted July 8, 2014 at 5:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Ordinary Internet users, American and non-American alike, far outnumber legally targeted foreigners in the communications intercepted by the National Security Agency from U.S. digital networks, according to a four-month investigation by The Washington Post.

Nine of 10 account holders found in a large cache of intercepted conversations, which former NSA contractor Edward Snowden provided in full to The Post, were not the intended surveillance targets but were caught in a net the agency had cast for somebody else.

Many of them were Americans. Nearly half of the surveillance files, a strikingly high proportion, contained names, e-mail addresses or other details that the NSA marked as belonging to U.S. citizens or residents. NSA analysts masked, or “minimized,” more than 65,000 such references to protect Americans’ privacy, but The Post found nearly 900 additional e-mail addresses, unmasked in the files, that could be strongly linked to U.S. citizens or U.S.residents.

Read it all.


Filed under: * Culture-WatchBlogging & the Internet--Social NetworkingGlobalizationLaw & Legal IssuesScience & Technology* Economics, PoliticsDefense, National Security, MilitaryEconomyThe U.S. GovernmentForeign RelationsPolitics in General* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 7, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

U.S. food prices are on the rise, raising a sensitive question: When the cost of a hamburger patty soars, does it count as inflation?

It does to everyone who eats and especially poorer Americans, whose food costs absorb a larger portion of their income. But central bankers take a more nuanced view. They sometimes look past food-price increases that appear temporary or isolated while trying to control broad and long-term inflation trends, not blips that might soon reverse.

The Federal Reserve faces an especially important challenge now as it mulls the long-standing dilemma of what to make of the price of a pork chop.

Read it all.

Filed under: * Culture-WatchDieting/Food/NutritionGlobalization* Economics, PoliticsEconomyPersonal FinanceThe U.S. GovernmentFederal Reserve

0 Comments
Posted July 7, 2014 at 6:15 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The high number of involuntary part-time workers is consistent with an average workweek that was unchanged at 34.5 hours for the fourth straight month in June, says Bernard Baumohl, chief global economist of The Economic Outlook Group.

"It stands to reason that if the economy is improving, we would see employees put in more time on the job," Baumohl says. "This is usually a leading indicator of both future hiring and pay increases."

Instead, he notes, the economy has been running in place this year. Second-quarter growth will likely offset a 2.9% first-quarter contraction caused partly by bad weather.

Read it all.

Filed under: * Economics, PoliticsEconomyCorporations/Corporate LifeLabor/Labor Unions/Labor MarketThe Credit Freeze Crisis of Fall 2008/The Recession of 2007--* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 6, 2014 at 3:20 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

"Sometimes I'm asked to do both [magic and funerals] at once," said Lee, 76, a licensed funeral director from White Plains, New York. "People have come to know both sides of me, so they ask. And I say, why not?"

Lee, who long ago claimed the moniker "mortgician" in his AOL email address, wouldn't call himself a pioneer or part of any special movement in after-death care. But he's among many who are turning the idea of the solemn, sedate funeral on its head.

Call it the rise of the personalized "fun funeral."

The wide range of what's considered "creative" or "unusual" when burying a loved one means there are little to no statistics on such practices, but industry experts say redesigning the standard funeral is increasingly popular.

Read it all.

Filed under: * Christian Life / Church LifeParish MinistryDeath / Burial / Funerals* Culture-WatchMovies & TelevisionReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spending* General InterestHumor / Trivia* International News & CommentaryAmerica/U.S.A.

2 Comments
Posted July 6, 2014 at 6:18 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

... the geopolitics are favorable and the ideological climate is warming. But on a still-deeper level this is shaping up to be an even more American century than the last. The global game is moving towards America's home court.

The great trend of this century is the accelerating and deepening wave of change sweeping through every element of human life. Each year sees more scientists with better funding, better instruments and faster, smarter computers probing deeper and seeing further into the mysteries of the physical world. Each year more entrepreneurs are seeking to convert those discoveries and insights into ways to produce new things, or to make old things better and more cheaply. Each year the world's financial markets are more eager and better prepared to fund new startups, underwrite new investments, and otherwise help entrepreneurs and firms deploy new knowledge and insight more rapidly....This challenge will not go away....

Everybody is going to feel the stress, but the United States of America is better placed to surf this transformation than any other country. Change is our home field. It is who we are and what we do. Brazil may be the country of the future, but America is its hometown.

Read it all (dated, but still oh so relevant).

Filed under: * Culture-WatchGlobalizationHistory* Economics, PoliticsEconomyPolitics in General* International News & CommentaryAmerica/U.S.A.

0 Comments
Posted July 4, 2014 at 1:04 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Graduates around the world gather at the end of spring for one final lesson: the commencement speech.

It’s a time when luminaries from business, politics and the arts deliver wisdom (and humor) to students eager for the next stage. Susan Wojcicki recalled watching the first item uploaded to Google Video—a purple, furry puppet, dancing and singing in Swedish—with no idea what to think. Until her children saw it—and cheered. Marc Benioff shared that time he did “what all lost thirty-somethings do: travel to India.”

We’ve pulled together memorable addresses from 2014 (with a splash from the speeches of yore). Did we miss any? Tell us what you think in the comments.

Read it all.

Filed under: * Culture-WatchEducationScience & TechnologyYoung Adults* Economics, PoliticsEconomyCorporations/Corporate Life* International News & CommentaryAmerica/U.S.A.

0 Comments
Posted July 3, 2014 at 4:51 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

While Wonga may not be at the most aggressive end of the payday loan spectrum, its “in-your-face” approach has made it the face of the post-crisis explosion in high-cost consumer credit. The volume of payday loans, designed to tide the borrower over to the next pay cheque, more than tripled in the UK between 2007 and 2013 as the economy soured and mainstream banks withdrew from riskier areas of consumer credit.

The growth in such lending may be a classic post-bubble phenomenon, and the less well-off do sometimes need access to short-term credit to deal with unexpected shocks, but most people are made understandably uneasy by the idea of encouraging those of slender means to borrow expensively to finance elective consumption. Against this background, calls for tighter regulation have fallen on fertile ground.

As the sector’s most visible lender, Wonga has become a focus for public disapprobation. Justin Welby, the Archbishop of Canterbury, has condemned Wonga for usurious practices and called for it to be competed “out of existence”....

Read it all.

Filed under: * Anglican - EpiscopalArchbishop of Canterbury --Justin WelbyAnglican ProvincesChurch of England (CoE)* Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceThe Banking System/Sector* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 3, 2014 at 5:15 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

If you have a job, you know some people take their job titles way too seriously. Many of them just sit around and do the bare minimum all day long.

Whether you’re a sales associate taking on a retail position at a high-end store, or a director at a major corporation, there’s a high chance you should just be called a more simplified name rather than whatever your business card says you are.

In a recent photo series released by Someecards, we’re all exposed to the harsh reality of what our job titles actually entail.

These are really good and deserve a careful look--KSH.

Filed under: * Culture-WatchMediaPsychology* Economics, PoliticsEconomyCorporations/Corporate LifeLabor/Labor Unions/Labor Market* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 2, 2014 at 4:40 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Traci Butler and her husband cut out vacations after the U.S. recession five years ago. This week, the couple is taking their two boys on a weeklong trip that includes a July 4th visit to the nation’s capital, just a few weeks after touring Italy on their own.

In the aftermath of the recession, “things were much tighter,” said Butler, a special education teacher from Washington, Illinois, whose husband works for construction machinery maker Caterpillar Inc. “We didn’t have bonuses for a while. The last two years have been better.”

About 34.8 million people plan to drive 50 miles or more from home during the five days ending July 6, up from 34.1 million last year and the most since 2007, AAA, the biggest U.S. motoring organization, said June 26. The travel recovery is boosting sales for hotels and attractions, a sign that consumer confidence and consumer spending are on the mend, said Mark Zandi, chief economist at Moody’s Analytics Inc. in West Chester, Pennsylvania.

Read it all.

Filed under: * Culture-WatchChildrenMarriage & FamilyTravel* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeHousing/Real Estate MarketLabor/Labor Unions/Labor MarketPersonal Finance* International News & CommentaryAmerica/U.S.A.

1 Comments
Posted July 2, 2014 at 2:40 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Church, which invests in Wonga, is currently facing an ungodly dilemma of its own making.

Previously Most Rev Welby had made it clear that he believed that payday lenders should be put out of business. Entirely.

But, oops, this was before he was informed that the CoE's financial wing had sunk something in the region of £100,000 into the company.

Following criticism of this odd state of affairs, the Church's Ethical Investment Advisory Group launched a review. (Although you would think that "Church investing in Wonga" would fairly obviously constitute an ethical no-no.)

Read it all.


Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of England (CoE)* Culture-WatchReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifeStock MarketThe Banking System/Sector* International News & CommentaryEngland / UK* TheologyEthics / Moral Theology

0 Comments
Posted July 2, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

This has to be the weirdest business deal of the week: The Church of England just sold a chunk of forest-covered land on the Fijian island Vanau Levu for $8.8 million to the government of the Pacific island nation of Kiribati. For the moment, Kiribati plans to use its 20-square-kilometer (7.7-square-mile) plot for agriculture and fish farming. But the investment is really a fallback for its 103,000 residents—a place to live if they must leave their home island.

“We would hope not to put everyone on [this] one piece of land, but if it became absolutely necessary, yes, we could do it,” president Anote Tong told the Associated Press, via the Guardian. Tong is awaiting parliamentary approval of the land purchase before clearing that possibility formally with Fiji’s officials.

Why is Tong preparing for a mass defection to an island 2,000 kilometers away?

Read it all.



Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of England (CoE)* Culture-WatchReligion & Culture* Economics, PoliticsEconomyHousing/Real Estate MarketPolitics in General* TheologyEthics / Moral Theology

1 Comments
Posted July 2, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Judge not.

That’s the central message in a Supreme Court ruling Monday that found the Affordable Care Act (“Obamacare”) cannot be used to force a privately held corporation to act against the religious beliefs of its owners.

The high court decided that the 2010 health-care law violates religious liberty by demanding such owners pay for contraceptive insurance that they regard as immoral. Government must not force the employers to act against their faith, the court found, because that would be the same as judging their religious views to be “flawed.”

Read it all.



Filed under: * Culture-WatchHealth & MedicineLaw & Legal IssuesLife EthicsReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate Life* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

0 Comments
Posted July 1, 2014 at 6:30 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The Vatican bank's chairman is to step down as soon as next week as part of the restructuring of an institution that has been an embarrassment to the Catholic Church for decades, Vatican sources said on Tuesday.

But the sources, who spoke on the condition of anonymity, disagreed over whether Ernst von Freyberg was leaving willingly or whether he was being pushed out over differences within the Vatican about the pace of reform.

Freyberg's departure is expected to be announced in connection with the publication, most likely next week, of the new annual report of the bank, officially known as the Institute for Works of Religion (IOR).

Read it all.

Filed under: * Culture-WatchReligion & Culture* Economics, PoliticsEconomyThe Banking System/Sector* Religion News & CommentaryOther ChurchesRoman CatholicPope Francis * TheologyEthics / Moral Theology

0 Comments
Posted July 1, 2014 at 6:25 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Britons spend more than 130 million hours per week working from cafés, dubbed “coffices” by some, while more than one in four workers would choose to work there if they had the option, according to a survey by O2 Business.

New legislation, which takes effect today, will give workers the right to request more flexible working arrangements, but more than half of those surveyed by O2 were unaware of the changes.

Read it all (requires subscription).

Filed under: * Culture-WatchPsychology* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* International News & CommentaryEngland / UK* TheologyAnthropologyEthics / Moral Theology

0 Comments
Posted July 1, 2014 at 6:15 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Passions on both sides of the birth control debate were inflamed Monday after the U.S. Supreme Court ruled that some businesses can hold religious objections that allow them to opt out of the new health law requirement that they cover contraception for women.

But one University of South Carolina law professor called the Hobby Lobby ruling "not a huge surprise."

"It could have gone different ways, but the court has, in recent years, been very pro-corporation," said health care attorney and professor Jacqueline Fox.

Read it all.

Filed under: * Culture-WatchHealth & MedicineLaw & Legal IssuesLife Ethics* Economics, PoliticsEconomyConsumer/consumer spendingLabor/Labor Unions/Labor Market* South Carolina* TheologyAnthropologyEthics / Moral Theology

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Posted July 1, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Read it all.

Filed under: * Culture-WatchHealth & MedicineLaw & Legal IssuesLife EthicsReligion & Culture* Economics, PoliticsEconomyConsumer/consumer spending

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Posted June 30, 2014 at 2:30 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

How shocking: Facebook had the temerity to conduct an experiment on its users without telling them and now the results have been published in the Proceedings of the U.S. National Academy of Sciences. Actually, no one should be surprised.

For a week in 2012, the social network's staff scientist Adam Kramer and two collaborators used algorithms to doctor the news feeds of 689,003 English-speaking Facebook users. They reduced the number of posts containing "positive" and "negative" words, tracked their lab rat users' own posts, and found that their mood was influenced by that of the news feed. The term, well-known to psychologists studying real-world communications, is "emotional contagion."

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Filed under: * Culture-WatchBlogging & the Internet--Social NetworkingPsychology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate Life* TheologyAnthropologyEthics / Moral Theology

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Posted June 30, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

Why are people dishonest? From Main Street to Wall Street, at home and at work, questionable behavior defies people’s best intentions. Now experts in the social sciences are examining why people so often behave contrary to their own ethical aims and what can be done about it, especially in the world of business. “What we find is that when people are thinking about honesty versus dishonesty,” says Dan Ariely, a professor of behavioral economics at the Duke University Fuqua School of Business, “it’s all about being able, at the moment, to rationalize something and make yourself think that this is actually okay.”

Read or watch and listen to it all.

Filed under: * Culture-WatchPsychology* Economics, PoliticsEconomyConsumer/consumer spendingCorporations/Corporate LifeStock Market* International News & CommentaryAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

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Posted June 29, 2014 at 4:02 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

As lawmakers continue the call for answers into the troubled Veterans Affairs health care system, including South Carolina's Sen. Tim Scott, the White House released findings Friday describing "significant and chronic system failures," substantially verifying problems raised by whistleblowers and internal and congressional investigators.

A summary of the review, ordered by President Barack Obama and conducted by deputy White House chief of staff Rob Nabors, says the Veterans Health Administration must be restructured and that a "corrosive culture" has hurt morale and affected the timeliness of health care. The review also found that a 14-day standard for scheduling veterans' medical appointments is unrealistic and has been susceptible to manipulation.

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Filed under: * Culture-WatchAging / the ElderlyHealth & MedicineLaw & Legal Issues* Economics, PoliticsDefense, National Security, MilitaryEconomyThe U.S. GovernmentPolitics in General* South Carolina* TheologyAnthropologyEthics / Moral Theology

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Posted June 28, 2014 at 9:30 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

One in ten deaths among working-age adults in the U.S. is caused by drinking too much, according to the report by the Centers for Disease Control and Prevention.

Binge drinking (more than four drinks at a time for men or more than three for women) is responsible for the majority of alcohol-related deaths. Some 71% of deaths related to excessive drinking involved men, and 5% involved those under the age of 21.

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Filed under: * Christian Life / Church LifeParish MinistryDeath / Burial / Funerals* Culture-WatchAlcohol/DrinkingAlcoholismHealth & MedicineYoung Adults* Economics, PoliticsEconomyLabor/Labor Unions/Labor Market* International News & CommentaryAmerica/U.S.A.

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Posted June 28, 2014 at 9:01 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

“I just don’t think the evidence is there for these long lists,” said Dr. Molly Cooke, a professor of medicine at the University of California, San Francisco, who helped research a position paper on cannabis for the American College of Physicians. “It’s been so hard to study marijuana. Policy makers are responding to thin data.”

Even some advocates of medical marijuana acknowledge that the state laws legalizing it did not result from careful reviews of the medical literature.

“I wish it were that rational,” said Mitch Earleywine, chairman of the executive board of directors for Norml, a national marijuana advocacy group. Dr. Earleywine said state lawmakers more often ask themselves, “What disease does the person in a wheelchair in my office have?”

Read it all from the front page of today's NY Times paper copy.

Also, make sure you did not miss this post earlier this week on the same topic featuring Nora Volkow of the National Institute on Drug Abuse.

Filed under: * Culture-WatchDrugs/Drug AddictionHealth & MedicineLaw & Legal Issues* Economics, PoliticsEconomyTaxesPolitics in GeneralCity GovernmentHouse of RepresentativesSenateState Government* International News & CommentaryAmerica/U.S.A.* TheologyAnthropologyEthics / Moral Theology

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Posted June 27, 2014 at 4:00 pm [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

For Jerry Conkle, life in America’s fastest-growing metropolitan area moves as slowly as the golf carts that meander through his palm-lined neighborhood at dusk. Most days, he wakes early, reads the newspaper, and then hops into his four-wheeled buggy for a 20-mile-per-hour ride to one of the 42 golf courses that surround his home.

“It’s like an adult Disney World,” Conkle, 77, said of The Villages, Florida, whose expansion has come with virtually no crime, traffic, pollution -- or children.

The mix has attracted flocks of senior citizens, making The Villages the world’s largest retirement community. Its population of 110,000 has more than quadrupled since 2000, U.S. Census Bureau data show. It rose 5.2 percent last year, on par with megacities like Lagos, Nigeria, and Dhaka, Bangladesh.

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Filed under: * Culture-WatchAging / the ElderlyUrban/City Life and Issues* Economics, PoliticsEconomyHousing/Real Estate MarketPolitics in GeneralCity Government* International News & CommentaryAmerica/U.S.A.* TheologyEthics / Moral Theology

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Posted June 27, 2014 at 8:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

The EIAG also announced that during 2013 it instructed votes for the Church Commissioners and Church of England Pensions Board on over 30,000 resolutions at approximately 3,000 company general meetings. Reflecting wider concern over executive remuneration packages, the EIAG withheld support in over 70% of cases.

In wider corporate engagement, church investors recorded important successes in the areas of both alcohol and pornography. After engagement with the EIAG, all three major UK-listed supermarkets - Tesco, Sainsbury's and Morrisons - published alcohol policies newly acknowledging the potential for alcohol to cause harm. In the area of pornography, church investor engagement with a major telecommunications company led to the company ceasing to promote pornographic material on its handsets in the UK.

The threshold reduction follows a review requested by the Archbishop of Canterbury in light of the "Wonga controversy." As a consequence of the review process revenue thresholds used to exclude companies on account of their involvement in tobacco, gambling, high interest rate lending and human embryonic cloning have been capped at 10% from the previous threshold of 25%.

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Filed under: * Anglican - EpiscopalAnglican ProvincesChurch of England (CoE)* Culture-WatchReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifeStock Market* TheologyEthics / Moral Theology

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Posted June 27, 2014 at 7:00 am [Printer Friendly] [Print w/ comments]

Posted by Kendall Harmon

In a speech in Westminster, Welby pointed out that loan sharks sometimes turn up with baseball bats if customers do not pay. It now turns out that Wonga sends out menacing letters from non-existent solicitors if its customers miss their repayments.

And, herein lies the problem for the Church of England. Its Church Commissioners arm has a £100,000 stake in Wonga – albeit less than it was but a stake nonetheless, held through the Accel Partners investment vehicle which backed one of the payday lenders' funding rounds.

Read it all.

Filed under: * Anglican - EpiscopalArchbishop of Canterbury --Justin WelbyAnglican ProvincesChurch of England (CoE)* Culture-WatchReligion & Culture* Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceStock MarketThe Banking System/Sector* International News & CommentaryEngland / UK* TheologyEthics / Moral Theology

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Posted June 27, 2014 at 6:00 am [Printer Friendly] [Print w/ comments]




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