Category : Economy

(ACNS) Anglican Church of Burundi helps improve rice growing techniques

The Anglican Church of Burundi has been training farmers to improve rice yields as part of efforts to combat food insecurity in the country. The two-year project has been run in partnership with Episcopal Relief & Development, the overseas development agency of the US-based Episcopal Church. Growing rice has been the main activity for people living along side Lake Tanganyika for many years; but the lack of improved techniques and seeds has caused low production and farmers could not expect to gain much from it.

Through the project, farmers have been trained and equipped with agricultural techniques and materials to improve rice production. “Already the farmers are seeing changes in agricultural production and consequently in their daily lives,” the province said in its newsletter.

“Our situation has improved since we no longer cultivate the rice just for consumption,” farmer Esperance Ndayishimiye, said. “I’m now able to meet easily my family’s needs. I pay school fees for my children. I have bought lands and built houses.” she said.

Read it all.

Posted in Anglican Church of Burundi, Burundi, Dieting/Food/Nutrition, Energy, Natural Resources, Labor/Labor Unions/Labor Market, Stewardship

[The (Bergen County, N.J.) Record] Cremation gaining in popularity fast as burial costs rise

Fred and Margaret, of Clifton, N.J., died one month apart during the winter.

The couple, whose last name their children asked not to divulge, met in high school and were married for 69 years. They were inseparable.

Death was not about to change that.

They made arrangements years ago: Margaret, 87, would take the last grave in the family’s plot at St. Nicholas Cemetery in Lodi, N.J. Fred, 88, a devout Catholic who was born some 30 years before the Vatican lifted its ban on cremation in 1963, decided his ashes would be buried by her head.

Perhaps, if there were space, Fred would not have chosen to be cremated, his daughter Donna said. But there was room for only one.

“I think he just wanted to be with my mom and that’s what he had to do in order for him to be with her,” she said.

Read it all.

Posted in America/U.S.A., Consumer/consumer spending, Death / Burial / Funerals, Eschatology, Religion & Culture, Secularism

FT: Executives who ignore their own health are in no position to lead

I recently asked a trio of entrepreneurs what they wished they had known before they set out on the path to leadership.

Arianna Huffington, founder of The Huffington Post, who now heads Thrive Global, which aims to end the “stress and burnout epidemic”, told me: “I wish I knew what I discovered the hard way in 2007 when I collapsed from exhaustion . . . That [it is a] delusion that in order to succeed we have to be always on.”

“I wish somebody would have told me how hard it is,” said Anna Skaya, chief executive of Basepaws, which is building a database of feline DNA.

“There are obstacles all the time. All the time,” added designer Diane von Furstenberg, who heads the eponymous fashion group. “Listen, I have a lot of energy . . . That doesn’t mean that I don’t wake up thinking like I’m a total loser, [even] now.”

It probably takes a successful entrepreneur-founder to admit such truths. Even in a world where there is increasing acknowledgment of the dangers of workplace stress, this kind of leadership lesson is only rarely taught in business schools, still less by leadership manuals of the “five ways to be awesome” variety.

Yet this understanding of the many hurdles facing any leader is embedded in the 3,000-year-old Judeo-Christian culture of teaching about how to lead, according to Steven Croft, the Anglican Bishop of Oxford….

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Posted in Anthropology, Church of England (CoE), CoE Bishops, Corporations/Corporate Life, Ethics / Moral Theology, Health & Medicine, Psychology

(Forbes) Religious Organizations Rally To Preserve Current Tax Treatment Of Clergy Housing Allowances

The wonderful thing about this litigation is how it brings different faith communities together in their desire to protect their cherished tax benefit. Not yet available is the brief from the following amici – Christian Legal Society, Evangelical Council for Financial Accountability, Union of Orthodox Jewish Congregations, National Association of Evangelicals, Lutheran Church–Missouri Synod, Council of Churches of New York City,  and Queens Federation of Churches.   Last time around there was a brief that included The Ethics & Religious Liberty Commission of the Southern Baptist Commission (Southern Baptists, the second largest denomination in the United States probably have the most skin in this game) and   The International Society for Krishna Consciousness and The Islamic Center of Boca Raton.

Read it all.

Posted in Ethics / Moral Theology, History, Housing/Real Estate Market, Inter-Faith Relations, Law & Legal Issues, Personal Finance, Politics in General, Religion & Culture, Taxes

(Post-Gazette) Religious institutions wait to see what tax reform does to their place in people’s budgets

The conventional thinking is that most people who donate to places of worship are not primarily motivated by tax benefits.

For many, giving is a core value based on religious teachings and a sense of gratitude.

This could be the year when those assumptions are put to a test.

The new federal tax law has cut taxes for working American families, but it also could have the unintended consequence of reducing the financial incentive for many people to donate to religious and charitable organizations.

The Indiana University Lilly Family School of Philanthropy estimates roughly 30 million households earning between $50,000 and $100,000 will be less likely to itemize deductions on their taxes due to the new law. With less incentive to donate, researchers predict the amount those households give will decline.

“Tax incentives do affect how much people give,” said Una Osili, associate dean for research. “If it is more expensive to give, they give less.”

Read it all.

Posted in America/U.S.A., Ethics / Moral Theology, Personal Finance & Investing, Politics in General, Religion & Culture, Stewardship, Taxes

Fuller Seminary President Dr. Mark Labberton’s recent Address at the Wheaton Gathering–The Crisis of Evangelicalism

Only the Spirit “who is in the world to convict us of sin and righteousness and judgment” (John 16:8) can bring us to clarity about the crisis we face.  As I have sought that conviction, here is what I have come to believe: The central crisis facing us is that the gospel of Jesus Christ has been betrayed and shamed by an evangelicalism that has violated its own moral and spiritual integrity.

This is not a crisis imposed from outside the household of faith, but from within.  The core of the crisis is not specifically about Trump, or Hillary, or Obama, or the electoral college, or Comey, or Mueller, or abortion, or LGBTQIA+ debates, or Supreme Court appointees. Instead the crisis is caused by the way a toxic evangelicalism has engaged with these issues in such a way as to turn the gospel into Good News that is fake. Now on public display is an indisputable collusion between prominent evangelicalism and many forms of insidious racist, misogynistic, materialistic, and political power. The wind and the rain and the floods have come, and, as Jesus said, they will reveal our foundation.  In this moment for evangelicalism, what the storms have exposed is a foundation not of solid rock but of sand.

This is not a crisis taking place at the level of language. This is not about who owns or defines the term “evangelical,” and whether one does—or does not—choose to identify as such.  It is legitimate and important to debate if and how the term “evangelical” can currently be used in the United States to mean anything more than white, theologically and politically conservative. But that is not itself the crisis. The crisis is not at the level of our lexicon, but of our lives and a failure to embody the gospel we preach.  We may debate whether the word “evangelical” can or should be redeemed. But what we must deal with is the current bankruptcy many associate with evangelical life.

This is not a crisis unfolding at the level of group allegiance, denomination, or affiliation.  The varied reality that is American evangelicalism is evidenced in this room.  We have no formal hierarchy, leadership, or structure and form no single organization, but are sorted and divided today as we have been—for better and worse—for much of our history.  Some might wish for a clearer distinction between those who call themselves fundamentalist and those who call themselves evangelical. We might look to varying traditions or geographies to explain our division. These distinctions matter but can easily devolve into scapegoating or blaming, diverting us from our vocation as witness to God’s love for a multifaceted world.

This is not a recent crisis but a historic one.  We face a haunting specter with a shadow that reaches back further than the 2016 election—a history that helps define the depth of the sorrow, fear, anger, anxiety, and injustice around us. Today’s egregious collusion between evangelicals and worldly power is problematic enough: more painful and revealing is that such collusion has been our historic habit. Today’s collusion bears astonishing—and tragic—continuity with the past.

Right alongside the rich history of gospel faithfulness that evangelicalism has affirmed, there lies a destructive complicity with dominant cultural and racial power. Despite deep gospel confidence and rhetoric, evangelicalism has been long-wedded to a devastating social self-interest that defends the dominant culture over and against that of the gospel’s command to love the “other” as ourselves.  We are not naïve in our doctrine of sin that prefers self over all, but we have failed to recognize our own guilt in it.

Read it carefully and read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Church History, Consumer/consumer spending, Corporations/Corporate Life, Evangelicals, Religion & Culture, Theology

NYMag talks to VR pioneer Jaron Lanier on Silicon Valley–‘One Has This Feeling of Having Contributed to Something That’s Gone Very Wrong’

In November, you told Maureen Dowd that it’s scary and awful how out of touch Silicon Valley people have become. It’s a pretty forward remark. I’m kind of curious what you mean by that.

To me, one of the patterns we see that makes the world go wrong is when somebody acts as if they aren’t powerful when they actually are powerful. So if you’re still reacting against whatever you used to struggle for, but actually you’re in control, then you end up creating great damage in the world. Like, oh, I don’t know, I could give you many examples. But let’s say like Russia’s still acting as if it’s being destroyed when it isn’t, and it’s creating great damage in the world. And Silicon Valley’s kind of like that.

We used to be kind of rebels, like, if you go back to the origins of Silicon Valley culture, there were these big traditional companies like IBM that seemed to be impenetrable fortresses. And we had to create our own world. To us, we were the underdogs and we had to struggle. And we’ve won. I mean, we have just totally won. We run everything. We are the conduit of everything else happening in the world. We’ve disrupted absolutely everything. Politics, finance, education, media, relationships — family relationships, romantic relationships — we’ve put ourselves in the middle of everything, we’ve absolutely won. But we don’t act like it.

We have no sense of balance or modesty or graciousness having won. We’re still acting as if we’re in trouble and we have to defend ourselves, which is preposterous. And so in doing that we really kind of turn into assholes, you know?

Read it all.

Posted in --Social Networking, America/U.S.A., Anthropology, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, History, Science & Technology, Theology

(NYT) Where Countries Are Tinderboxes and Facebook Is a Match

As Facebook pushes into developing countries, it tends to be initially received as a force for good.

In Sri Lanka, it keeps families in touch even as many work abroad. It provides for unprecedented open expression and access to information. Government officials say it was essential for the democratic transition that swept them into office in 2015.

But where institutions are weak or undeveloped, Facebook’s newsfeed can inadvertently amplify dangerous tendencies. Designed to maximize user time on site, it promotes whatever wins the most attention. Posts that tap into negative, primal emotions like anger or fear, studies have found, produce the highest engagement, and so proliferate.

In the Western countries for which Facebook was designed, this leads to online arguments, angry identity politics and polarization. But in developing countries, Facebook is often perceived as synonymous with the internet and reputable sources are scarce, allowing emotionally charged rumors to run rampant. Shared among trusted friends and family members, they can become conventional wisdom.

And where people do not feel they can rely on the police or courts to keep them safe, research shows, panic over a perceived threat can lead some to take matters into their own hands — to lynch.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Buddhism, Corporations/Corporate Life, Ethics / Moral Theology, Islam, Religion & Culture, Sri Lanka

(Dallas News) After landing troubled Southwest plane, pilot Tammie Jo Shults hugged passengers, texted ‘God is good’

It seems that nearly everyone in Boerne[,Texas,] has a Tammie Jo story, and taken together, they paint a picture of a woman almost too impossibly caring, too impossibly devoted to her community. But, they say, that’s why she was a role model long before she landed that damaged jetliner.

Longtime friend and fellow church member Staci Thompson said a deep Christian faith has guided the way Shults lives.

Shults has taught nearly every grade level of Sunday school at their church. She’s volunteered at a school for at-risk kids and turned a cottage on her family’s property into a temporary home for victims of Hurricane Rita and widows.

“She would tell you everything she has she’s been given from God, so she wants to share it,” Thompson said.

Read it all.

Posted in Labor/Labor Unions/Labor Market, Religion & Culture, Travel

(Healthline) Stanford Professor Jeffrey Pfeffer Is Sounding the Alarm on Our Toxic, Modern Workplace

Is the modern workplace at the center of a massive public health crisis?

Stanford University professor Jeffery Pfeffer explores that possibility in his new book, “Dying for a Paycheck.”

Pfeffer, the professor of organizational behavior at Stanford University’s business school, has been studying and writing about the modern workplace for years. But he’s now looking at how office life can be toxic for your health.

Pfeffer estimates that 120,000 deaths may be attributed to workplace conditions, which include work-family conflict, no health insurance, and unemployment. This would in theory make the modern workplace the sixth-leading cause of death in the United States.

Pfeffer found toxic workplace environments permeate all types of companies across multiple industries and in various countries. He found plenty of issues with both old and newer companies, including places like Salesforce, which is currently listed as Fortune’s “Best Place to Work.”

 

Read it all.

Posted in Anthropology, Economy, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market

(NYT) A $76,000 Monthly Pension: Why States and Cities Are Short on Cash

A public university president in Oregon gives new meaning to the idea of a pensioner.

Joseph Robertson, an eye surgeon who retired as head of the Oregon Health & Science University last fall, receives the state’s largest government pension.

It is $76,111.

Per month.

That is considerably more than the average Oregon family earns in a year.

Oregon — like many other states and cities, including New Jersey, Kentucky and Connecticut — is caught in a fiscal squeeze of its own making. I

Read it all.

Posted in City Government, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Pensions, State Government, Taxes

(ACNS) Six prominent people in public life describe how their faith affects their work in this video produced by the Church in Wales

They six are: Huw Thomas, Leader of Cardiff Council; Auriol Miller, Director of the Institute of Welsh Affairs; Simon Prince, former Chief Constable of Dyfed Powys Police; Roy Jenkins, BBC radio presenter; Harriet Morgan, a property lawyer at Geldards; and Gaynor Ford, a retired magistrate.

Posted in Church of Wales, Ethics / Moral Theology, Labor/Labor Unions/Labor Market

(NYT) Many People Taking Antidepressants Discover They Cannot Quit

“It has taken a long, long time to get anyone to pay attention to this issue and take it seriously,” said Luke Montagu, a media entrepreneur and co-founder of the London-based Council for Evidence-Based Psychiatry, which pushed for Britain’s review of prescription drug addiction and dependence.

“You’ve got this huge parallel community that’s emerged, largely online, in which people are supporting each other though withdrawal and developing best practices largely without the help of doctors,” he said.

Dr. Stockmann, the psychiatrist in East London, wasn’t entirely convinced withdrawal was a serious issue before he went through it himself. His microtapering strategy finally worked.

“There was a really significant moment,” he recalled. “I was walking down near my house, past a forest, and I suddenly realized I could feel the full range of emotions again. The birds were louder, the colors more vivid — I was happy.”

“I have seen lots of people — patients — not being believed, not taken seriously when they complained about this,” he added. “That has to stop.”

Read it all.

Posted in Anthropology, Corporations/Corporate Life, Drugs/Drug Addiction, Ethics / Moral Theology, Health & Medicine, Pastoral Theology, Psychology, Theology

(NYT The Upshot) In 83 Million Eviction Records, a Sweeping and Intimate New Look at Housing in America

Before the first hearings on the morning docket, the line starts to clog the lobby of the John Marshall Courthouse. No cellphones are allowed inside, but many of the people who’ve been summoned don’t learn that until they arrive. “Put it in your car,” the sheriff’s deputies suggest at the metal detector. That advice is no help to renters who have come by bus. To make it inside, some tuck their phones in the bushes nearby.

This courthouse handles every eviction in Richmond, a city with one of the highest eviction rates in the country, according to new data covering dozens of states and compiled by a team led by the Princeton sociologist Matthew Desmond.

Two years ago, Mr. Desmond turned eviction into a national topic of conversation with “Evicted,” a book that chronicled how poor families who lost their homes in Milwaukee sank ever deeper into poverty. It became a favorite among civic groups and on college campuses, some here in Richmond. Bill Gates and former President Obama named it among the best books they had read in 2017, and it was awarded a Pulitzer Prize.

But for all the attention the problem began to draw, even Mr. Desmond could not say how widespread it was. Surveys of renters have tried to gauge displacement, but there is no government data tracking all eviction cases in America. Now that Mr. Desmond has been mining court records across the country to build a database of millions of evictions, it’s clear even in his incomplete national picture that they are more rampant in many places than what he saw in Milwaukee.

Read it all.

Posted in Books, City Government, Economy, Ethics / Moral Theology, Housing/Real Estate Market, Law & Legal Issues, Politics in General, The Banking System/Sector

(Mercury News) Legal Marijuana on pace to match U.S. soda sales by 2030

Pot may be on its way to beating pop. (Editor’s note: Yes, we know it’s called “soda” out here on the West Coast, but we didn’t want to mess with this writer’s lead.)

The U.S. legal cannabis industry is expected to reach $75 billion in sales by 2030, according to research firm Cowen & Co. That’s almost as large as the North American carbonated soft drink market in 2017.

With the industries’ diverging trajectories, weed may be poised to take the mantle as the larger industry. Cannabis is growing rapidly as more states legalize the plant. Nine states and Washington, D.C. now allow for recreational pot use. That means more than one in five American adults can smoke, vape, eat or drink it however they please. Cowen previously predicted that the market, assuming federal legalization, would reach $50 billion by 2026. That seems small now, according to analyst Vivien Azer.

Read it all.

Posted in America/U.S.A., Anthropology, Consumer/consumer spending, Drugs/Drug Addiction, Economy, Ethics / Moral Theology, Health & Medicine, State Government, Theology

A Superb PAW profile piece on MicroLender and Activist José Quiñonez

[Isabel] Caudillo’s is a true American immigrant tale. She came to the United States in 2001 from Mexico City with nothing except a love of cooking. At home she would prepare traditional foods such as stews, beans and rice, and her mother’s mole verde that reminded her of home. A San Francisco community group helped her open a small stand in the Noe Valley Farmers Market, but the low profit margins made it impossible for her to grow.

An industrial steamer, which she needed to make her tamales, cost $1,400, far more than Caudillo had saved. Through a friend, she heard about the Mission Asset Fund (MAF), a community nonprofit organization headed by José Quiñonez *98 that administers “lending circles,” small person-to-person savings groups, to help low-income people put aside money and build credit.

Not only was Caudillo able to save enough to buy a steamer, but by reporting her lending-circle payments to credit agencies, the MAF made it possible for her to build a high credit score, which in turn enabled her to obtain a bank loan she used to open her second location.

“Lending circles were our first financial door,” Caudillo says in a testimonial on the organization’s website. “They gave me access to loans to open my own restaurant, which is something I never could have imagined. But more important than that, they helped me learn to manage the financial system to open even more opportunities in the future.”

Quiñonez, a soft-spoken man with a trim salt-and-pepper beard, was brought to the United States illegally when he was a child and grew up poor. Today he has a community organizer’s gift for phrasemaking. He often reasons by antitheses, one of which is this: Being poor is expensive.

Read it all.

Posted in Anthropology, Economy, Ethics / Moral Theology, Pastoral Theology, Personal Finance, Theology

Rod Dreher–Is Christianity Too Violent For Facebook?

Let’s give Facebook’s nameless content editor credit: he or she may well understand the Crucifixion more truly than do Christians for whom the murder of the incarnate God on a cross has gone from being a scandal to a banality. Facebook is right: the image is shocking, sensational, and excessively violent, because that’s what a crucifixion is! Yesterday in his Palm Sunday sermon (we Orthodox Christians observe Easter a week later this year), my priest said, “We don’t spend this week saying, ‘Those Jews did that to Our Lord.’ We spend it accusing ourselves. We did it to Christ. Every time we sin, we crucify Him. This is on us.” He’s right about that. It’s not a bad thing to be reminded how much He suffered in His body to liberate us from death. What the San Damiano Cross depicts is a murder. But for Christians, it also depicts the defeat of all murder and death, and the necessary prelude to eternal life for all. As we Orthodox sing on Pascha (Easter): “Christ is risen from the dead/Trampling down death by death/And upon those in the tombs bestowing life.”

A Christian culture would know that for the people who revere this symbol, they are looking at an image of death’s defeat, and of eternal life.

But we are no longer a Christian culture, and are becoming less so by the day.

This incident is alarming because of what it reveals about the kind of world that Christians are going to live in. Facebook is one of the most powerful media companies on the planet. If it decides that it will not approve Christian content because it finds that content violent, bigoted, or what have you, then that will have a tremendous potential effect, not only on the ability of Christians to communicate, but (more importantly) on shaping the way the Christian faith is regarded widely in this post-Christian culture.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, Media, Politics in General, Religion & Culture

(Wash Post) Duke Kwon–The tragedy to communities when church buildings are demolished to make condos

I walk by a brown brick church in my neighborhood every day. On Sunday, the aging but still impressive building will be empty on Easter for the first time in a hundred years. And soon, the building will be converted into luxury condos.

While the impact of gentrification on affordable housing in D.C. and other cities has been a topic of ongoing study and debate, still underappreciated is its impact on a different sort of “housing” — namely, houses of worship. The issue is on my radar because I am the pastor of a church that met in that building until November.

For four years, Grace Meridian Hill was the sole tenant of 3431 13th Street NW, a 100-year-old building formerly owned by Mount Rona Missionary Baptist Church. In 2014, our landlord sold the property to developers. We recently learned the groundbreaking is scheduled for this week.

Although we grieved the loss of our home, our greater concern and lament is for the neighborhood and city. Numerous church properties within a few blocks have been sold to developers in the past few years, including Southern Bethany Baptist Church on Monroe Street NW, Iglesia Ni Cristo on Morton Street NW and Meridian Hill Baptist Church on 16th Street NW.

Read it all.

Posted in Housing/Real Estate Market, Parish Ministry, Religion & Culture, Urban/City Life and Issues

(Boston Globe) Niall Ferguson–George Orwell would be awed by Facebook’s Surveillance Tools

As with Google, it was advertising that made Facebook money. The crucial difference was that Google simply helped people find the things they had already decided to buy, whereas Facebook enabled advertisers to deliver targeted messages to users, tailored to meet the preferences they had already revealed through their Facebook activity. Once ads were seamlessly inserted into users’ News Feeds on the Facebook mobile phone app, the company was on the path to vast profits, propelled forward by the explosion of smartphone usage.

The smartphone is our telescreen. And, thanks to it, Big Zucker is watching you — night and day, wherever you go. Unlike the telescreen, your phone is always with you. Unlike the telescreen, it can read your thoughts, predicting your actions before you even carry them out. It’s just that Big Zucker’s 24/7 surveillance isn’t designed to maintain a repressive regime. It’s just designed to make money.

The only law of history is the law of unintended consequences. Is anyone — apart from Zuckerberg, that is — really surprised that, during the seven-year period when app developers had free access to Facebook users’ data, unscrupulous people downloaded as much as they could? Do we seriously believe that Cambridge Analytica are the only people who did this? Can you give me one good reason why, after Barack Obama and his minions smugly boasted about their use of Facebook in his 2012 reelection campaign, Donald Trump’s campaign was not entitled to try similar methods four years later?

Read it all.

Posted in --Social Networking, Anthropology, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, History, Science & Technology, Theology

(FT) Shell faces push from shareholders, among whom is the Church of England, on climate change goals

…climate activists are disputing Shell’s claim that its goal is in line with the Paris agreement — the 2015 international pact aimed at limiting global temperature rises to well below 2C above pre-industrial levels.

“The ambitions announced by Shell are inconsistent with the Paris agreement, in particular when taking into account expected global energy demand growth,” said Mark van Baal of Follow This, the shareholder group that has submitted a resolution calling for more aggressive targets.

Activists point to forecasts from the Intergovernmental Panel on Climate Change and the International Energy Agency, which advise governments on climate change and energy policy, that an absolute reduction in carbon emissions of 60-65 per cent would be required by 2050 to fulfil the Paris agreement.

Moreover, they say that Shell’s goal for a 50 per cent reduction would be only 25 per cent in absolute terms if the group maintains its share of a global energy market that is forecast to grow by 50 per cent by 2050.

Read it all (subscription).

Posted in Church of England (CoE), Climate Change, Weather, Corporations/Corporate Life, Energy, Natural Resources, Ethics / Moral Theology, Religion & Culture, Stock Market

(BBC) Archbishop of Wales: Better services must come from ‘people’s pockets’

The Church in Wales may have to argue that better public services require people to pay “a bit more tax”, the Archbishop of Wales has said.

The Most Rev John Davies warned there were “dwindling services” and a “disintegration of communities”.

Read it all.

Posted in --Wales, Church of Wales, Politics in General, Religion & Culture, Taxes

(NYT) A Dying Southern Town, Cotton Plant, Arkansas, Needed a Miracle. Then Marijuana Came Calling

 Mayor Willard C. Ryland looked everywhere for salvation for his dying town. He tried luring a vegetable packing company. An Asian carp processor. A Dollar General store. But he struck out again and again.

Then came marijuana — and hope.

Arkansas voters decided in 2016 to legalize the plant for medical use, giving the state an opportunity both to develop a new industry and to address nagging social problems. The state’s licensing program encourages legal marijuana growers to set up shop where the new jobs are needed most, in perennially poor communities.

Mr. Ryland, 63, is a teetotaler and regular churchgoer who was raised on a farm and never got caught up in the wilder side of the 1960s. But when a start-up company called Bold Team approached him about investing in his town, it hardly bothered him that they wanted to grow what President Ronald Reagan once declared to be “probably the most dangerous drug in the United States.”

Read it all.

Posted in America/U.S.A., Drugs/Drug Addiction, Economy, Rural/Town Life

(Wash Post) Robert Samuelson–Don’t deny the link between poverty and single parenthood

What’s less worthy is basing any debate on misleading analysis. That’s my complaint against the Times essay. Its hypothetical and admittedly unrealistic thought experiment that eliminating poverty among single mothers wouldn’t have much effect on overall poverty is wrong, according to the government’s own figures from the Census Bureau.

Let’s look at the census figures.

In 2016, 40.6 million Americans had incomes below the government’s official poverty line, which was $24,339 for a family of four, including two children. Of those below the poverty line — 12.7 percent of the population — nearly 5 million were moms or dads heading single-parent families; 8.7 million were children under 18 in these single-parent homes.

Do the arithmetic. Together, single-parent families and their children totaled almost 14 million people, which is roughly a third of all people in poverty. If, magically, a third of America’s poor escaped poverty, the change would (justifiably) be hailed as a triumph of social policy. If we included the children in poverty in two-parent families, that would add more than 7 million to the total (3 million parents and 4 million children). The total of 21 million would equal about half of all people in poverty.

Read it all.

Posted in Census/Census Data, Ethics / Moral Theology, Marriage & Family, Personal Finance & Investing, Poverty

FT talks with the steward of the Church of England’s investment portfolio, Loretta Minghella, on god, guns, gender and her brother’s death

In the months since her arrival at Church House next door to Westminster Abbey, Ms Minghella has added to Sir Andreas’s legacy. Observers say she is hard-nosed when it comes to numbers, has a low tolerance for bad corporate behaviour and is uncompromising on issues such as gender diversity.

“We are looking for companies to have 30 per cent gender diversity on their boards. If they haven’t, we will be looking at chairs of nominations committees and actually not approving one or two of them,” she says.

“It’s the right thing to do, but it’s also the smart thing to do when it comes to investments.”

Our meeting takes place as the debate rages about investments in gun companies after the Florida school shooting.

Unsurprisingly, the fund already screens out “sin” stocks — arms, gambling, pornography, alcohol, tobacco — and it is taking a much tougher line on mining and energy companies.

Read it all (requires subscription).

Posted in Church of England (CoE), Corporations/Corporate Life, Economy, Ethics / Moral Theology, Religion & Culture, Stewardship, Stock Market

A Reflection on Saint Joseph the Worker for his Feast Day

ZENIT spoke with Father Tarcisio Giuseppe Stramare of the Congregation of Oblates of Saint Joseph, director of the Josephite Movement, about Tuesday’s feast of St. Joseph the Worker….

ZENIT: What does “Gospel of work” mean?

Father Stramare: “Gospel” is the Good News that refers to Jesus, the Savior of humanity. Well, despite the fact that in general we see Jesus as someone who teaches and does miracles, he was so identified with work that in his time he was regarded as “the son of the carpenter,” namely, an artisan himself. Among many possible activities, the Wisdom of God chose for Jesus manual work, entrusted the education of his Son not to the school of the learned but to a humble artisan, namely, St. Joseph.

Read it all.

Posted in Anthropology, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Theology, Theology: Scripture

(Belfast Telegraph) Church of England investment arm steeled for weaker returns in 2017

The head of the Church of England’s investment arm has flagged that its £7.9 billion fund will fail to match the stellar returns logged in 2016, but said ethical policies were not to blame.

While the fund managed to rake in a bumper 17.1% return on the back of a strong performance in equities in 2016, it sold down its stock holdings by around 17% or £500 million to help re-balance the portfolio during the same year, meaning a smaller boost from a further rise in stock prices is expected from 2017.

Andrew Brown, secretary and chief executive of the Church Commissioners, said: “Like all investors we were faced in 2017 with a number of headwinds and we’ve seen it with sterling, we’ve seen it with inflation and global markets have slowed.

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Posted in Church of England (CoE), Corporations/Corporate Life, Economy, Ethics / Moral Theology, Religion & Culture, Stewardship, Stock Market

(Christian Today) Holy Sepulchre closed because Israel’s Christians believe they are under threat, says Bishop of Southwark

The Bishop of Southwark has called on Christians around the world to show ‘solidarity’ over the indefinite closure of Jerusalem’s Church of the Holy Sepulchre in protest at a bill affecting church lands and new taxes on churches that are ‘unfair, inappropriate and arbitrary’.

Speaking to Christian Today from Galilee on the final day of a pilgrimage with 84 people from the south London Anglican diocese, Bishop Christopher Chessun also expressed his disapproval of a bill in the Knesset, or Israeli parliament, supported by Israeli settlers, that would allow the state to expropriate land in Jerusalem sold by churches to private real estate firms in recent years.

‘The bill going through the Knesset is of course at the instigation of particular groups and it is very important that the powers that be recognise the significance of the status quo which governs the relationship formally between the church and the state,’ Chessun said.

‘So if there are actions taken by different groups of settlers or whatever else and that leads to poor leadership by the powers that be then there will be massive consequences.’

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Posted in Church of England (CoE), CoE Bishops, Ethics / Moral Theology, Israel, Politics in General, Religion & Culture, Taxes

(eNCA) South African Anglican bishops slam VAT increase

In a terse statement, the Synod of Bishops of the Anglican Church of Southern Africa said the Anglican Church of Southern Africa was very concerned about the one percent VAT increase, announced by finance minister Malusi Gigaba in his budget speech on Wednesday.

“It is distressing to us that the ordinary citizens of South Africa are being called upon through increased VAT to fill the gaps in government finances which are partly a result of massive maladministration and corruption, especially in state-owned enterprises,” said the statement….

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Posted in * Economics, Politics, Ethics / Moral Theology, Religion & Culture, South Africa, Taxes

A picture is Worth 100 Words–The Fading Western Dream

Posted in America/U.S.A., Children, Economy, England / UK, Europe, History, Marriage & Family, Personal Finance

(The Hill) Lawmakers worry about rise of fake video technology

Lawmakers are concerned that advances in video manipulation technology could set off a new era of fake news. Now legislators say they want to start working on fixes to the problem before it’s too late.

Technology experts have begun to sound the alarm on the new software, which lets users take existing videos and make high-quality altered video and audio that appears real. The emergence of the technology opens up a new world of hoaxes driven by doctored audio or video, and threatens to shake faith in the media even further.

Senator Ron Wyden (D-Ore.), one of the most vocal members of Congress on tech issues, painted a grim picture about what the advances could mean for the future of discerning truth in media.

“Since we can’t rely on the responsibility of individual actors or the platforms they use, I fully expect there will be a proliferation of these sorts of fictions to a degree that nearly drowns out actual facts,” Wyden told The Hill.

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Posted in * Economics, Politics, Corporations/Corporate Life, Ethics / Moral Theology, Science & Technology