Category : Economy

Episcopal and Roman Catholic Bishops offer different responses to the Arkansas RF Bill

You may read the Episcopal Bishop here and and the Roman Catholic Bishop there.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --Civil Unions & Partnerships, America/U.S.A., Anthropology, City Government, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Law & Legal Issues, Marriage & Family, Pastoral Theology, Politics in General, Religion & Culture, Sexuality, State Government, Theology

(CC) Fred Kniss reviews 'The Paradox of Generosity' by Christian Smith+Hilary Davidson

The Paradox of Generosity is a tale of two ways of life. Bryan, whom we meet in the book, admits that he is “not Mother Teresa.” At Christmas he prefers to give himself an extra gift rather than making a charitable donation. With his life wrapped up in his own needs, he finds himself overbusy, cranky, anxious, lonely, and prone to over­indulging in alcohol. In the same household, his wife, Shannon, enjoys giving to others, especially at holidays like Christ­mas, and she volunteers as a soccer coach. She has a strong network of friends and has seen improvements in her mental and physical health as she overcomes an eating disorder.

Apparently Jesus was correct when he said that it is more blessed to give than to receive. My mother will be relieved to hear me say that. She was fond of quoting Jesus when my juvenile self-centeredness reared its head too determinedly. Some of us, according to Chris­tian Smith and Hilary Davidson, took our mothers’ admonitions to heart and grew into adults blessed with a spirit of generosity that is demonstrated in our actions. As a result, we enjoy better health, more happiness, and a greater sense of purpose and satisfaction in our lives. Most of us, however, seem to have ignored our mothers and have developed into people focused primarily on acquiring things and holding on to them, seldom sharing ourselves or our possessions with others. Associated with this grasping posture are poorer health, less happiness, and a loss of meaning and sense of purpose for our lives.

Smith and Davidson document this connection in great detail. Paradoxically, despite the positive consequences of generosity, few Americans are generous people. By almost any measure of generosity, the majority of Americans are crowded at the ungenerous end of the scale.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Anthropology, Books, Economy, Ethics / Moral Theology, Parish Ministry, Pastoral Theology, Personal Finance, Religion & Culture, Stewardship, Theology, Theology: Scripture

(NYT) Middle Class, but Feeling Economically Insecure

Median per capita income has basically been flat since 2000, adjusted for inflation. The typical American family makes slightly less than a typical family did 15 years ago. And while many goods have become cheaper or better, the price of three of the biggest middle-class expenditures ”“ housing, college and health care ”“ have gone up much faster than the rate of inflation.

Equally important, Mr. Hirschl found a high degree of income volatility among most Americans in the four decades between 1969 and 2011. At some point in their working lives, a full 70 percent earned enough to put them in the top fifth of earners, and as many as 30 percent reached the equivalent of $200,000 in 2009 dollars, or roughly the top 4 percent.

Similarly, nearly 80 percent will at least temporarily plunge into a red zone, where their income drops near or below the poverty line, or they are compelled to gain access to a social safety net program like food stamps or collect unemployment insurance. More than half of Americans ages 25 to 60 will experience at least one year hovering around the poverty line.

Read it all (my emphasis).

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Children, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, History, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Marriage & Family, Pastoral Theology, Personal Finance, Politics in General, Psychology, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Theology

(CNBC) Obamacare sticks some enrollees with unexpected bill

Last year, a study found that about four out of every 10 people who received financial help from the government while buying their Obamacare health plans had no idea they were getting any assistance.

This tax season, many of those people may be in for a rude surprise when they’re asked to pay some””or even all””of that money back….

“I wasn’t very happy,” said Mike Highsmith, 61, a retired US Airways flight attendant who learned after having his taxes done that he has to pay back every cent of the $6,624 in federal subsidies that helped pay the lion’s share of his HealthCare.gov-purchased plan.

“This shocked me … I didn’t know this was coming.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --The 2009 American Health Care Reform Debate, Consumer/consumer spending, Economy, Ethics / Moral Theology, Health & Medicine, Law & Legal Issues, Personal Finance, Taxes, The U.S. Government, Theology

(LA Times) FCC's net neutrality rules open door to new fee on Internet service

Recently adopted net neutrality regulations soon could make your monthly Internet bill more complicated ”” and potentially more expensive.

Every month, consumers pay a small fee on their phone bills for a federal program that uses the money ”” a total of $8.8 billion raised nationwide last year ”” to provide affordable access to telecommunications services in rural areas, underserved inner cities and schools.

Now the fee could start appearing on broadband bills too, in a major expansion of the nearly two-decade-old Universal Service Fund program.Read it all.

Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Law & Legal Issues, Politics in General, Science & Technology, The U.S. Government

Jerri Savuto–Easter Memories: Escaping the Commercial Trap

As I am in the US for the first time in many years, I find myself longing for the simplicity of Maua, Kenya, during Easter time. There Easter has none of the commercial trappings we find here. As I enter grocery stores, discount stores, and department stores I am shocked at the amount of space taken by the Easter candy, bunnies and stuffed animals, baskets, decorations, and new spring clothing. These items take more space than any grocery store has for all their goods in Maua.

I recently read that an estimated $2 billion will be spent on Easter candy this year in the US. Two billion dollars to celebrate the death and resurrection of Jesus Christ, who asked us to feed the hungry, clothe the naked, give water to the thirsty, house the homeless, care for the sick and imprisoned, and welcome the stranger.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, America/U.S.A., Church Year / Liturgical Seasons, Consumer/consumer spending, Easter, Economy, Kenya, Religion & Culture

(CNBC) Meet the Facebook for doctors

The doctor, who has been practicing medicine for 34 years, needed specialist health help and advice. But being based in “the middle of the woods”, Armstrong’s closest endocrine specialist was over 300 miles away, he said.

That’s when Armstrong logged onto Sermo, a sort of “Facebook for doctors”. The service, which launched in 2005 in the U.S., allows members to sign up and chat to each other to find solutions. The company announced the U.K. launch on Wednesday allowing doctors from the U.K. to chat to their U.S. counterparts.

“There’s a lot of medical knowledge that when shared across borders will benefit the global healthcare system,” Sermo’s CEO Peter Kirk, told CNBC by phone.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Anthropology, Blogging & the Internet, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Health & Medicine, Pastoral Theology, Theology

(IBD) 42% of all….respondents still say U.S. is in recession in April

Oil-related job cuts may start to slow: Energy firms announced plans to lay off 1,279 workers in March, down from 16,000 in February. But for oil patch states, other questions remain: the health of the service economy surrounding energy firms, the reliability of tax revenues, and so on.

Some of that uncertainty may be trickling through to the broader economy. Some 42% of all IBD/TIPP respondents still say the U.S. is in a recession in April, nearly six years after the economic recovery began.

Yet recent data has been fitful, making it hard to get a clear read on whether the economy is turning down or just taking a beating from temporary factors ”” the oil price plunge, severe winter weather, and the West Coast ports labor slowdown, for example.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Psychology, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government, Theology

(Wash Post) Brad Wilcox–Why married men work harder and smarter and make more money

Men who are reluctant to settle down until they make more money ”“ and women who spurn low-wage men ”“ could benefit from what Taulbee has discovered: Marriage has a transformative effect on adult behavior, emotional health, and financial well-being””particularly for men. (Parenthood is more transformative for women.)

Men who get married work harder and more strategically, and earn more money than their single peers from similar backgrounds. Marriage also transforms men’s social worlds; they spend less time with friends and more time with family; they also go to bars less and to church more. In the provocative words of Nobel Laureate George Akerlof, men “settle down when they get married; if they fail to get married they fail to settle down.”

Research findings on heterosexual marriage are surprisingly consistent with Akerlof’s insight, especially when it comes to engaging the world of work.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Children, Economy, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market, Marriage & Family, Men, Pastoral Theology, Politics in General, Psychology, Theology

(NYT Op-ed) David Brooks–Religious Liberty and Equality

If the opponents of that law were arguing that the Indiana statute tightens the federal standards a notch too far, that would be compelling. But that’s not the argument the opponents are making.

Instead, the argument seems to be that the federal act’s concrete case-by-case approach is wrong. The opponents seem to be saying there is no valid tension between religious pluralism and equality. Claims of religious liberty are covers for anti-gay bigotry.

This deviation seems unwise both as a matter of pragmatics and as a matter of principle. In the first place, if there is no attempt to balance religious liberty and civil rights, the cause of gay rights will be associated with coercion, not liberation. Some people have lost their jobs for expressing opposition to gay marriage. There are too many stories like the Oregon bakery that may have to pay a $150,000 fine because it preferred not to bake a wedding cake for a same-sex ceremony. A movement that stands for tolerance does not want to be on the side of a government that compels a photographer who is an evangelical Christian to shoot a same-sex wedding that he would rather avoid.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --Civil Unions & Partnerships, America/U.S.A., Anthropology, Economy, Ethics / Moral Theology, Law & Legal Issues, Marriage & Family, Politics in General, Psychology, Religion & Culture, Sexuality, State Government, The U.S. Government, Theology

For April Fool's day 2015–Anglicanism iTransformed!

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * General Interest, --Social Networking, Anglican Provinces, Anthropology, Blogging & the Internet, Church of England (CoE), CoE Bishops, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Humor / Trivia, Ministry of the Ordained, Parish Ministry, Pastoral Theology, Theology

(Guardian) Anglican church must divest fossil fuels to cope with climate crisis, bishops say

An influential group of bishops have called on Anglican churches to remove their investments from the fossil fuel companies that are driving climate change.

In a declaration and set of requests aimed at focusing the church’s attention on the “unprecedented climate crisis”, the 17 bishops and archbishops said investments in fossil fuel companies were incompatible with a just and sustainable future.

“We call for a review of our churches’ investment practices with a view to supporting environmental sustainability and justice by divesting from industries involved primarily in the extraction or distribution of fossil fuels,” they said.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), CoE Bishops, Consumer/consumer spending, Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Politics in General, Religion & Culture, Theology

(LA Times) Rising healthcare costs are pressuring patients

A recent survey by private health insurance exchange EHealth highlights the pressure Americans are feeling. It found that more than 6 in 10 people say they’re more worried about the financial effect of expensive medical emergencies and paying for healthcare than about funding retirement or covering their kids’ education.

People who get health insurance through work and on their own have seen their costs rise dramatically over the last decade.

According to the Commonwealth Fund, a New York think tank, annual increases in work-based health plan premiums rose three times faster than wages from 2003 to 2013. Out-of-pocket costs have also been climbing.

“More people have deductibles than ever before,” says Sara Collins, a Commonwealth Fund vice president. From 2003 to 2013, the size of deductibles has grown nearly 150%.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --The 2009 American Health Care Reform Debate, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market, Personal Finance, Theology

(Wired) Google Takes on the Challenge of Making Robot Surgery Safer

Google is no stranger to robotics or healthcare technology. The tech giant owns several robotics companies, including Boston Dynamics and its arsenal of robo-dogs and nimble-but-drunk bipedal bots. And the Google X Life Sciences division has created everything from contact lenses that measure blood-sugar levels to tremor-proof spoons for Parkinson’s patients.

Now, the search giant is teaming up with Johnson & Johnson’s Ethicon subsidiary to build what the two hope are the ultimate platform for robotic surgery.

Robot-assisted surgeries aren’t a new thing; in fact, they’ve been around in one form or another since 1985.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Corporations/Corporate Life, Economy, Health & Medicine, Science & Technology, Theology

Property of St. Martin’s Anglican Church in Fort Saint John sold

We have confirmation that Fort St. John is losing another landmark main street building.

The Reverend Enid Pow is the Rector of St. Martin’s Anglican Church, located on 100th Street, and she’s confirming the building has already been sold, and is also scheduled for demolition.

“We’ve come to a position where we’ve needed to sell the building because it required far too many repairs for us to be able to afford,” says Rector Pow. “So we’re looking for somewhere else in Fort St. John.”

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Church of Canada, Anglican Provinces, Canada, Economy, Housing/Real Estate Market, Parish Ministry, Religion & Culture, Stewardship

(Globe and Mail) The great central bank freak-out of 2015

Raghuram Rajan got it started. On Jan. 15, the governor of the Reserve Bank of India jolted traders on Mumbai’s Dalal Street by cutting interest rates. The surprise was the timing of the announcement: Rajan wasn’t supposed to deliver a policy statement for another 19 days.

The weirdness continued that same day””in Switzerland, of all places. For three years, the Swiss National Bank had steadily bought euros on currency markets to keep the country’s franc from surging in value relative to the euro, and thereby choking off growth. Unorthodox, yes; but global financial markets had grown accustomed to the regular renewal of the bank’s stance. Without warning, however, the Swiss cut the franc’s tether. Swiss National Bank chairman Thomas Jordan also set the benchmark Swiss lending rate at negative 0.75%. In theory, a lower rate should put downward pressure on the franc; not enough in this case, as the franc’s value shot up by 18% in the days that followed. Many hedge funds bled red.

And on it went. The Danes cut interest rates four times in the span of a few weeks. As this issue of the magazine neared deadline, China’s central bank cut rates by a quarter of a percentage point and Poland slashed them by a half point. In the first 60 days of 2015, some 20 central banks had executed stimulus measures.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Anthropology, Asia, Consumer/consumer spending, Corporations/Corporate Life, Credit Markets, Currency Markets, Economy, Ethics / Moral Theology, Europe, European Central Bank, Globalization, Stock Market, The Banking System/Sector, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Theology

(Local Paper) Coastal South Carolina remains a national hot spot for population growth

If the brisk pace of population growth and development along South Carolina’s coast seems unusual, that’s not your imagination.

The latest Census Bureau estimates show that few metropolitan areas in the nation are growing so quickly.

Myrtle Beach, Hilton Head and Charleston were the three fastest-growing metro areas on the Atlantic Coast in 2014, as they were in 2013.

Read it all.

Posted in * Economics, Politics, * South Carolina, Census/Census Data, Economy, Politics in General, State Government, The U.S. Government

(NYT) Farhad Manjoo–Debunking the Latest Predictions of Facebook’s Demise

The notion that Facebook and other social networks will suffer most deeply when the bubble bursts sounds plausible because it rehashes the last tech boom and bust, when advertising revenue run-ups at huge web portals (remember those?) turned out to be funded mainly by venture capital investments. In 2001, revenue at Yahoo ”” the largest portal, and something like the Facebook of its time ”” plummeted by almost $400 million when start-ups stopped spending during the bust. Yahoo has never recovered its former glory. Could Facebook face the same fate?

Probably not ”” or not yet, at least. On closer inspection, the theory that Facebook’s growth depends on unsustainable venture capital is mostly overblown, another strain of Facebook Second Guessing Syndrome. It’s a story that misses important facts about Facebook’s advertising business. For one thing, as Facebook’s executives have repeatedly pointed out, ads from app companies make up a small percentage of the company’s overall business. Most of the social network’s revenue comes from video ads and ads for large brands.
Continue reading the main story

The theory also misses two other points. Not all these ads are coming from unproved start-ups. And the ads are set to be adopted more widely because they actually work.

According to several app makers and observers of the industry, the ads are tremendously effective at leading paying customers to new apps. It’s the effort to reach these paying customers ”” and not venture funding ”” that is often the reason for all the money pouring into ads for apps.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, --Social Networking, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Media, Science & Technology, Theology

(Time) Ian Bremmer–the 7 Challenges of Globalization

What happens as the world becomes even more interconnected”¦and even more leaderless?

Some argue that globalization is grinding to a screeching halt. In a world of increased conflict and turmoil, where major powers jockey for influence, financial sanctions have become a go-to weapon and even the Internet threatens to splinter, then surely the cross-border flow of money, ideas, information, goods and services will begin to slow””or even reverse.

Others argue that globalization is really just Americanization by other means. After all, the United States still dominates the international financial system. Information hurtling through cyberspace promotes the democratization of information, because it creates demand for still more information and forces autocrats to care more about public opinion. As developing countries develop, aren’t they becoming more like America?

Not anymore.

Read it all and note the link to the full report provided.

Posted in * Culture-Watch, * Economics, Politics, Defense, National Security, Military, Economy, Ethics / Moral Theology, Foreign Relations, Globalization, History, Politics in General, Theology

(Wash Post) FBI adapts to face terrorism threats but still faces challenges, report finds

The FBI improved its ability to fight terrorism in the years after the Sept. 11, 2001, attacks, but a new report says the bureau still faces significant challenges as it strengthens its intelligence capabilities to deal with nimble enemies.

The finding was part of an exhaustive review requested by Congress to evaluate the FBI’s response to the 9/11 Commission’s recommendations in 2004 and determine if the domestic law enforcement agency was moving quickly enough to deal with fast-moving threats.

The lengthy report, “The FBI: Protecting the Homeland in the 21st Century,” is perhaps the most detailed, public examination of the FBI’s post-9/11 capabilities, highlighting the successes and limitations of the traditional crime-fighting bureau.

Read it all.

Posted in * Economics, Politics, Defense, National Security, Military, Economy, Ethics / Moral Theology, Terrorism, The U.S. Government, Theology

(WSJ) Oil Stance Helps Church of England Beat Benchmarks

One of the U.K.’s most visible ethical investors ”“ the Church of England ”“ outperformed its investing benchmarks last year thanks in part to its significant underweight position in energy stocks, a trade that benefited from the precipitous fall in oil prices.

Its fund, the CCLA, with around £5.6 billion ($8.34 billion) under management as of Feb. 2015, runs assets on behalf of the Church of England, as well as charities and local government authorities. The firm has long taken an ethical and activist stance, recently encouraging Royal Dutch Shell PLC, for example, to put forward a shareholder resolution on Climate Change at its 2015 Annual General Meeting.

Thanks to its ethical bearings, the CCLA allocated 50% less to oil and gas stocks than its benchmarks across its equity funds over 2014, and has avoided exposure to pure play coal and tar sands stocks, according to Michael Quicke, chief executive of the CCLA.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Economics, Politics, Anglican Provinces, Church of England (CoE), Consumer/consumer spending, Economy, Energy, Natural Resources, Ethics / Moral Theology, Parish Ministry, Stewardship, Stock Market, Theology

Daniel Davies–global econ. growth has slowed quite dramatically–why? Exploring Secular stagnation

With a few short-lived and unsustainable exceptions, the story of the last 30 years appears to be one of constantly falling interest rates and disappointing growth. Central banks try to keep stimulating the economy, but investment demand never really seems to gather pace in response to their efforts. Instead, investment seems stagnant and unresponsive to policy during normal periods, but shoots up during events like the dotcom and real estate bubbles, which then burst and leave everyone worse off.

People have been puzzling over this pattern for decades, but it took a speech by Larry Summers to the IMF in 2013 to really crystallise the whole picture, and bring it into the public eye. Ever since, it’s been known by the term he gave the phenomenon: ”˜secular stagnation’. But he didn’t invent it. It was first coined by Alvin Hansen in the post-Depression 30s, when technological progress seemed to have ground to a halt.

The revival of the term could be misleading on a number of levels.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, European Central Bank, Federal Reserve, Globalization, History, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Personal Finance, Psychology, Science & Technology, The U.S. Government, Theology

(Brisbane Times) Robots to replace almost half of jobs over next 20 years: expert

Robots and computer programs could almost wipe out human workers in jobs from cooks to truck drivers, a visiting researcher has warned.

Driverless cars and even burger-flipping robots are among the technological advancements gunning for low-skilled jobs across dozens of industries.

University of Oxford Associate Professor in machine learning Michael Osborne has examined the characteristics of 702 occupations in the US, predicting 47 per cent will be overtaken by computers in the next decade or two.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, History, Labor/Labor Unions/Labor Market, Science & Technology, Theology

(WSJ) U.S. Auto Boom? Not for Workers

U.S. auto production is nearing all-time highs on the back of strong domestic demand and steady export increases. But American-made cars and trucks are increasingly loaded with parts imported from Mexico, China and other nations.

The U.S. imported a record $138 billion in car parts last year, equivalent to $12,135 of content in every American light vehicle built. That is up from $89 billion, or $10,536 per vehicle, in 2008””the first of two disastrous years for the car business. In 1990, only $31.7 billion in parts were imported.

The trend casts a cloud over the celebrated comeback of one of the nation’s bedrock industries. As the inflow of low-cost foreign parts accelerates, wages at the entry level are drifting away from the generous compensation packages that made car-factory jobs the prize of American manufacturing.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, Labor/Labor Unions/Labor Market, Personal Finance, Science & Technology, Theology, Travel

(Time) 75% of Americans garages are so full, homeowners cant park their cars inside

For middle-class Americans, it’s never been easier to feel consumed by consumption. Despite the recession, despite a brief interlude when savings rates shot up and credit-card debt went down, Americans arguably have more stuff now than any society in history. Children in the U.S. make up 3.1% of the world’s kid population, but U.S. families buy more than 40% of the toys purchased globally. The rise of wholesalers and warehouse supermarkets has packed our pantries and refrigerators with bulk items that often overflow into a second fridge. One-click shopping and same-day delivery have driven purchasing to another level altogether, making conspicuous consumption almost too easy.

Our stuff has taken over. Most household moves outside the U.S. weigh from 2,500 lb. to 7,500 lb. (1,110 kg to 3,400 kg). The average weight of a move in the U.S. is 8,000 lb. (3,600 kg), the weight of a fully grown hippo. An entire industry has emerged to house our extra belongings”“self-storage, a $24 billion business so large that every American could fit inside its units simultaneously.

It would be one thing if all our possessions were making us happier, but the opposite seems to be occurring. At least one study shows that a home with too much stuff can actually lead to higher levels of anxiety. “These objects that we bring in the house are not inert,” says UCLA anthropologist Elinor Ochs, who led a decade-long study on hyperacquisition. “They have consequences.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Anthropology, Children, Consumer/consumer spending, Economy, Ethics / Moral Theology, Marriage & Family, Psychology, Theology

Affinis Labs co-founder Shahed Amanullah-ISIS' extremism can by beaten by entreprenuers

For all its brutality, ISIS is often praised for its social media savvy and a passion among its members akin to that of a very famous Silicon Valley start-up, says one Muslim social media entrepreneur. The way to defeat the group’s extremism is by harnessing the creativity of entrepreneurs, he says.

Listen to it all (about 4 minutes).

Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Consumer/consumer spending, Corporations/Corporate Life, Economy, Globalization, Islam, Media, Other Faiths, Religion & Culture, Terrorism, Theology, Violence

(Wash Post) The man whose utopian vision for the Internet conquered, +then warped, Silicon Valley

To understand where this cyber-libertarian ideology came from, you have to understand the influence of “A Declaration of the Independence of Cyberspace,” one of the strangest artifacts of the ’90s, and its singular author, John Perry Barlow. Perhaps more than any other, it’s his philosophy ”” which melded countercultural utopianism, a rancher’s skepticism toward government and a futurist’s faith in the virtual world ”” that shaped the industry.

The problem is, we’ve reaped what he sowed.

Generally the province of fascists, artists or fascist artists, manifestos are a dying form. It takes gall to have published one anytime after, say, 1938. But “A Declaration of the Independence of Cyberspace” was an utterly serious document for a deliriously optimistic era that Wired, on one of its many valedictory covers, promised was a “long boom”: “25 years of prosperity, freedom, and a better environment for the whole world.” Techno-skeptics need not apply.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Globalization, History, Other Faiths, Philosophy, Politics in General, Psychology, Science & Technology, Theology

(Independent) Is The US economy under threat because of its neglected infrastructure?

The way to eliminate potholes, or at least diminish their number, is to keep the roads in good shape, with regular resurfacing. But far less is being done than required. And the same goes for the rest of the infrastructure in the US: not just roads, but ports and airports, bridges, railways and power grids, those boring basics that keep a country running. America, to believe the title of a recent television documentary on the subject, is falling apart ”“ literally.

Not so long ago the opposite was true. The US was the shining future that had already arrived. It had the best technology, the most modern cities, the fanciest cars, the most up-to-date airports. The jewel in the crown was the interstate highway system, built in the 1950s and 1960s to knit a continent together.

Alas, sooner or later, youthful beauty fades. And so it is with America’s infrastructure. Many of those projects date back to the immediate post-war years, even to FDR’s New Deal to counter the Great Depression. More than half a century later, they’re in desperate need of overhaul or replacement.

Surveys merely confirm America’s relative slide.

Read it all from Rupert Cornwell.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., City Government, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, History, Politics in General, State Government, The U.S. Government, Theology, Travel, Urban/City Life and Issues

(NPR) Scientists Urge Temporary Moratorium On Human Genome Edits

On the one hand, scientists are excited about these techniques because they may let them do good things, such as discovering important principles about biology. It might even lead to cures for diseases.

The big worry is that CRISPR and other techniques will be used to perform germline genetic modification.

Basically, that means making genetic changes in a human egg, sperm or embryo.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Children, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, Law & Legal Issues, Marriage & Family, Politics in General, Science & Technology, Theology

(FT) Church of England accused of asset raid to pay for recruitment

A £100m recruitment plan for the Church of England has been criticised as a raid on church assets that has not been properly thought out and amounts to “spending the family silver”.

The proposals, submitted last month, are intended to address what Andreas Whittam Smith, head of the Church Commissioners, calls a “relentless decline in membership”. Mr Whittam Smith has previously said this has resulted in the average age of Anglican congregations approaching 70.

The commissioners manage the Church’s historic and investment assets, worth slightly more than £6bn at the end of 2013. Mr Whittam Smith wants to use about £100m of that to boost the number of ordained priests by 50 per cent.

This is in addition to the £2m already approved to train senior clergy and potential leaders in a “talent management” programme, a controversial proposal made in a report chaired by Stephen Green, the former chairman of HSBC and an ordained minister in the Church.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Economy, England / UK, Ethics / Moral Theology, Evangelism and Church Growth, Ministry of the Ordained, Parish Ministry, Pastoral Theology, Politics in General, Religion & Culture, Stewardship, Theology