Category : Economy

(WSJ Digits) Tech Experts See Good and Bad Sides of Robots

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.

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

Latest WSJ/NBC Poll Finds Widespread Economic Anxiety among Americans

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Economy, Ethics / Moral Theology, House of Representatives, Office of the President, Politics in General, President Barack Obama, Psychology, Senate, Sociology, Theology

(NYT) Russian Gang Amasses Over a stolen Billion Internet Passwords

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --Social Networking, Anthropology, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Defense, National Security, Military, Economy, Ethics / Moral Theology, Europe, Globalization, Law & Legal Issues, Russia, Science & Technology, Theology

(Bloomberg) Scarce Cemetery Space Creates Prices to Die For in Many Cities

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.”

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Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Death / Burial / Funerals, Economy, Housing/Real Estate Market, Parish Ministry, Religion & Culture, Theology

(WSJ) Hospitals Cash In on the Newly Insured

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --The 2009 American Health Care Reform Debate, America/U.S.A., Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, Theology

Economist Daily chart–How politically liberal or conservative are America’s cities?

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Economy, Politics in General, Urban/City Life and Issues

(PewR Facttank) U.S., China compete to woo Africa

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, America/U.S.A., Asia, China, Economy, Ethics / Moral Theology, Globalization, Theology

Anglican Church in Wales joins the Keep Me Posted campaign

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.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Anglican Provinces, Anthropology, Church of Wales, Consumer/consumer spending, Economy, Ethics / Moral Theology, Religion & Culture, Theology

Former Northern New Jersey Episcopal Church to become special needs housing

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.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Economy, Episcopal Church (TEC), Housing/Real Estate Market, Parish Ministry, Religion & Culture, Stewardship, TEC Parishes

(Federalist) Chad Bird–The Tragic Death Of The Funeral

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?

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Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Consumer/consumer spending, Death / Burial / Funerals, Economy, Parish Ministry, Psychology, Religion & Culture

'Guardians of the Galaxy' Repeatedly shown wrong Movie at the Thursday Night premiere

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Consumer/consumer spending, Economy, Movies & Television, Science & Technology

(AP) Australian couple left their Down syndrome baby with his surrogate mother but took his twin

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.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, Australia / NZ, Children, Consumer/consumer spending, Corporations/Corporate Life, Economy, Globalization, Health & Medicine, Law & Legal Issues, Marriage & Family, Science & Technology, Thailand

(Kaiser Health) Florida’s largest health insurer raises rates an avg. of 17%

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.

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

(NPR) Two Doctors Weigh Whether To Accept Obamacare Plans

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.

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

(WSJ) How America’s Top Industries Have Changed from 1990-2013

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.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Corporations/Corporate Life, Economy, History, Labor/Labor Unions/Labor Market

(WSJ) World Income Inequality Even Worse Than Within U.S Says a Study by the St. Louis Fed

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, Asia, Economy, England / UK, Ethics / Moral Theology, Europe, Foreign Relations, Globalization, History, Personal Finance, Politics in General, South America, Theology

(USA Today) Tom Krattenmaker–Are ”˜Rock star’ pastors losing their luster?

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.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, America/U.S.A., Anthropology, Consumer/consumer spending, Economy, Eschatology, Evangelicals, Media, Ministry of the Ordained, Other Churches, Parish Ministry, Pastoral Theology, Psychology, Religion & Culture, Theology

(FT) Niall Ferguson: It is dangerous to believe that Ukraine's crisis will not become a calamity

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.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Defense, National Security, Military, Economy, England / UK, Ethics / Moral Theology, Europe, Foreign Relations, History, Politics in General, Russia, Theology, Ukraine

A Heartwarming Tale from (of All Places) a Canadian Bank who says Special thank yous to its Clients

Posted in * Economics, Politics, * International News & Commentary, Canada, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Pastoral Theology, The Banking System/Sector, Theology

(NPR) As Labor Market Advances, Millions Are Stuck In Part-Time Jobs

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.

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Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market

(NPR) As Volunteerism Explodes In Popularity, Who's It Helping Most?

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.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Charities/Non-Profit Organizations, Economy, Ethics / Moral Theology, Marriage & Family, Personal Finance, Psychology, Religion & Culture, Theology, Travel

(CNA) Vatican Experts: Change of Heart Toward Money Crucial In Human Trafficking Fight

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.

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Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Consumer/consumer spending, Economy, Ethics / Moral Theology, Foreign Relations, Law & Legal Issues, Other Churches, Personal Finance, Police/Fire, Politics in General, Religion & Culture, Roman Catholic, Sexuality, The Banking System/Sector, Theology, Violence, Women

(Local Paper Front Page) Boeing to build 787-10 exclusively in North Charleston, South Carolina

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.

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Posted in * Culture-Watch, * Economics, Politics, * South Carolina, Consumer/consumer spending, Economy, Globalization, Labor/Labor Unions/Labor Market, Travel

(Bloomberg) Russia Sanctions Spread Pain From Putin to Halliburton

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.”

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Consumer/consumer spending, Corporations/Corporate Life, Defense, National Security, Military, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Europe, Foreign Relations, Globalization, Politics in General, Russia, Theology, Ukraine

(NYT) Ransoming Citizens, Europe Becomes Al Qaeda’s Patron

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.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Economy, Ethics / Moral Theology, Europe, Law & Legal Issues, Politics in General, Terrorism, Theology

(Local Paper) South Carolina Medicaid backlog leaves thousands in insurance limbo

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.

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Posted in * Culture-Watch, * Economics, Politics, * South Carolina, Economy, Health & Medicine, Medicaid, Politics in General, State Government, The U.S. Government

NY Times Letters on the Editorial–Legalize Marijuana? Responses Vary

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.

Posted in * Culture-Watch, * Economics, Politics, Alcohol/Drinking, Alcoholism, Drugs/Drug Addiction, Economy, Ethics / Moral Theology, Health & Medicine, History, House of Representatives, Law & Legal Issues, Media, Office of the President, Police/Fire, Politics in General, Senate, The U.S. Government, Theology

The NYTimes Editorial Calling for Federal repeal the ban on marijuana leaving the decision to States

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.

Posted in * Culture-Watch, * Economics, Politics, Drugs/Drug Addiction, Economy, Ethics / Moral Theology, History, House of Representatives, Law & Legal Issues, Office of the President, Police/Fire, Politics in General, Senate, State Government, The U.S. Government, Theology

Al-Qaeda-Linked Attacks Crush Kenya’s Coastal Tourism Industry

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Kenya, Terrorism, Theology, Violence

(FT) EU chiefs back tough new curbs on Russia

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.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Consumer/consumer spending, Economy, Ethics / Moral Theology, Europe, Foreign Relations, Politics in General, Russia, The Banking System/Sector, Theology, Ukraine, Violence