Category : Economy

(BP) California's Governor Jerry Brown vetoes egg donor bill

In rejecting the bill Aug. 13, Brown, a Democrat, expressed concerns about the potential risks to women who undergo invasive techniques for their eggs to be harvested.

“Not everything in life is for sale nor should it be,” Brown said in his veto message.

“In medical procedures of this kind, genuinely informed consent is difficult because the long-term risks are not adequately known,” he wrote. “Putting thousands of dollars on the table only compounds the problem.”

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Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, Law & Legal Issues, Life Ethics, Politics in General, Religion & Culture, Science & Technology, State Government, Theology, Women

(FT) The Church of England speaks up for fracking trials

The Church of England has set itself on a collision course with opponents of hydraulic fracturing ”“ fracking ”“ by signalling support for exploration of Britain’s shale gas reserves.

Philip Fletcher, who chairs the Church’s group on mission and public affairs, compared condemnation of fracking to the mistaken belief that the combined measles, mumps and rubella (MMR) vaccine was not safe.

“The evidence for that was totally unsound, yet the damage caused by denying children the benefits of immunisation was huge,” he told the Financial Times.

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

A Statement from Church of England on Fracking

The Chair of the Church of England’s group on Mission and Public Affairs Philip Fletcher has today (16th August 2013) issued the following statement placing recent media reports in context:

“The Church of England has no official policy either for or against hydraulic fracturing (known as ‘fracking’). However there is a danger of viewing fracking through a single issue lens and ignoring the wider considerations.

“There are a number of balancing considerations which need to be taken into account when coming to a view. Fuel poverty is an increasingly urgent issue for many in society – the impact on energy bills is felt most by the least well off. Blanket opposition to further exploration for new sources of fuel fails to take into account those who suffer most when resources are scarce.

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

U.S. Government officially acknowledges existence of Area 51, but not the UFOs

For reasons unknown, the government finally has admitted that Area 51 ”” the Shangri-La of alien hunters and a sturdy trope of ­science-fiction movies ”” is a real place in the Mojave Desert about 100 miles north of Las Vegas.

It presumably does not house hideous squidlike ETs, but at least you can see the place on a map. Area 51 is confirmed in declassified CIA documents posted online Thursday by the National Security Archive at George Washington University. A dogged researcher pried from the CIA a report on the history of the U-2 spy plane, which was tested and operated at Area 51.

The military, which runs the base, always denied that Area 51 was called by its famous moniker, preferring a designation connected to the Groom Lake salt flat, a landing strip for the U-2 and other stealth aircraft.

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Posted in * Culture-Watch, * Economics, Politics, Defense, National Security, Military, Economy, History, Movies & Television, Science & Technology, The U.S. Government

(Yorkshire Post) Tim Jones: the Church should lend an ear to the realities of debt

A friend of mine was recently preparing to leave the army, and began a training course for a debt recovery agency. He was horrified that the trainees were taught not to waste too much time on people who could stick up for themselves, but to concentrate on the vulnerable who could easily be intimidated, such as the elderly or single mums, from whom far more money could easily be found. He left the course, disgusted.

But the gap which the payday lenders exploit isn’t just a gap in the market. It’s a gap in our collective self discipline. We’re still a society hopelessly hooked on a spendthrift lifestyle. We see something glitzy, we want it, and we want it now, really not paying close enough attention to how on earth we’re going to pay the borrowed money back. The financial crisis that is crushing us at the moment wasn’t simply caused by the banks being feckless lenders: we were all too happy to be feckless borrowers. The banks are now being more careful ”“ perhaps overly so with business ventures ”“ but payday lending still lets people get stuff they can’t afford. Even if one has paid back a loan, there remains the constant text pestering for another: “There is £££ ready for you, just call 0800 XXX XXX and it will be in your account in 15 minutes.” As another friend told me, if you’re struggling, it can be just too hard to resist.

So, Justin Welby, the recently appointed Archbishop of Canterbury, has decided to do something about it….

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Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), Economy, England / UK, Ethics / Moral Theology, Ministry of the Ordained, Parish Ministry, Personal Finance, Religion & Culture, The Banking System/Sector, Theology

(The Upcoming) The Church of England wades into the fracking debate

The Anglican Diocese of Blackburn has released a pamphlet warning their Lancaster flock of the potential dangers of hydraulic fracturing, more commonly known as fracking.

“The time we spend thinking, praying and acting now to protect our drinking water and the rest of God’s glorious Creation cannot compare with the time succeeding generations could potentially spend trying to make good what will likely happen if we in the church remain uninformed and silent,” reads the pamphlet.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Science & Technology, Sexuality, Theology

(Wash. Post) Michael Lindgren–In four books, four different visions for fixing higher education

In a famous episode of “The Sopranos,” Tony takes his teenage daughter on a college trip to an idyllic New England hamlet, only to run across a long-lost informant in hiding, whom he ends up garrotting in the mud while his daughter tours the picturesque ivy-and-brick campus. Those of us who have recently been on college visits may feel that Tony drew the easier assignment. Give me a choice between comparing financial aid proposals and fighting a bad guy to the death, and I’ll be asking you to pass me the wire.

In my youth, the whole process was pretty laid-back. Where you went to college was an important decision, sure, but it didn’t inspire existential gloom, nor did it call into play financial and structural resources exceeding those of some European nations. If you didn’t get into one small, moderately prestigious liberal arts college, then another down the road would be sure to take you, and in 20 years it wouldn’t really matter which one, anyway. Of course, as I’m reminded ”” over and over and over again ”” it’s a different world today.

A classmate of mine at what was then a reasonably but not insanely selective Northeastern college has since become an education consultant. “So,” I asked him casually, “what chance do you suppose we would have ”” ”

“None,” he said, before I could finish my question. “Neither of us would make the cut today. Not even close. It’s that competitive.”

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Posted in * Culture-Watch, * Economics, Politics, Books, Children, Consumer/consumer spending, Economy, Ethics / Moral Theology, Marriage & Family, Personal Finance, Theology, Young Adults

(Washington Post) Paul Rampell–A high divorce rate means it’s time to try ”˜wedleases’

In real estate, one may own a life estate in a piece of property. This is comparable to the term of a marriage ”” a lifetime. And in real estate, one may hold possession of property for shorter terms through a lease.

Why don’t we borrow from real estate and create a marital lease? Instead of wedlock, a “wedlease.”

Here’s how a marital lease could work: Two people commit themselves to marriage for a period of years ”” one year, five years, 10 years, whatever term suits them. The marital lease could be renewed at the end of the term however many times a couple likes. It could end up lasting a lifetime if the relationship is good and worth continuing. But if the relationship is bad, the couple could go their separate ways at the end of the term. The messiness of divorce is avoided and the end can be as simple as vacating a rental unit.

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Posted in * Culture-Watch, * Economics, Politics, Anthropology, Consumer/consumer spending, Economy, Ethics / Moral Theology, Law & Legal Issues, Marriage & Family, Religion & Culture, Theology

(CSM) The new age of algorithms: How it affects the way we live

The work of Richard Rothman, a professor at Johns Hopkins University in Baltimore, is more fundamental: to save lives. The Centers for Disease Control and Prevention (CDC) in Atlanta predicts flu outbreaks, once it examines reports from hospitals. That takes weeks. In 2009, a study seemed to suggest researchers could predict outbreaks much faster by analyzing millions of Google searches.

Spikes in queries like “My kid is sick” signaled a flu outbreak before the CDC knew there would be one. That posed a new question for Dr. Rothman and his colleague Andrea Dugas:

Could Google help predict influenza outbreaks in time to allow hospitals like the one at Johns Hopkins to get ready?

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Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Corporations/Corporate Life, Economy, Health & Medicine, Science & Technology, Stock Market

Western Mass. Episcopal bishop says gambling is a tax on the needy

As the new spiritual head of the Episcopal Diocese of Western Massachusetts, Bishop Douglas J. Fisher pledged to immerse himself in the fight for social justice causes that affect the needy.

Bishop Fisher, who was ordained a prelate in December, said he eagerly wanted to rally his flock to advocate for issues such as real immigration reform, gun control, and food, health and other programs geared to help the less fortunate.

However, he didn’t think that he’d be spending a chunk of his time, during his fledgling episcopate, battling developers interested in building gambling complexes around his diocese.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, Episcopal Church (TEC), Ethics / Moral Theology, Poverty, TEC Bishops, Theology

Mark Binelli–Letter from Detroit: "All there is now is crackhouses and churches"

Down the block, we spotted my friend Pastor Steve, the proprietor of a storefront church on an otherwise entirely abandoned block. Driving by, I’d noticed the motley assortment of characters hanging out front and an unruly garden taking up much of the vacant corner lot next door, and eventually I stopped by and introduced myself. It turned out that most of the folks out front were struggling addicts and prostitutes and criminals from the neighbourhood.

Pastor Steve had gone through his own period of felonious hard living ”“ heroin, pills, booze, glue-sniffing, bank-robbing, you name it ”“ before being saved and then called to the ministry. A rangy white guy in his early sixties, Pastor Steve had an obvious love for a certain era of countercultural accoutrement which had somehow managed to survive this spiritual journey intact. He had a bushy handlebar moustache and flowing grey hair, the curly ends of which spilled to his chest, and favoured cowboy boots, earrings with topaz beads, and the sorts of silver rings you might buy at a Native American souvenir stand. On his motorcycle, a parishioner had painted a picture of Chief Joseph, “who was one of the main, awesome Indians”, in Pastor Steve’s words. He continued, “After we’d been here a while, I got stories coming back to me that people in the neighbourhood thought we were a motorcycle gang. They saw me, saw the Harley, and they thought the building was filled with weapons and we were here to take over.”

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Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., City Government, Drugs/Drug Addiction, Economy, Parish Ministry, Politics in General, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

(Guardian) Church of England lines up ex-water company boss to front RBS bid

A consortium backed by the Church of England to bid for 315 Royal Bank of Scotland branches has lined up the ex-United Utilities boss Philip Green to front its bid.

Green is to replace John Tiner, the former Financial Services Authority chief executive who stepped down as chairman in the wake of the controversy caused by the parliamentary commission on banking standards investigation into HBOS.

Green is to chair the bid vehicle ”“ one of three that have submitted bids for the RBS branches this week ”“ working alongside former Lloyds Banking Group banker John Maltby who has been lined up as chief executive.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), Corporations/Corporate Life, Economy, England / UK, Personal Finance, Religion & Culture, The Banking System/Sector

(WCQS) Tourre Juror: 'We Saw Goldman As The Bigger Problem'

Beth Glover was a juror on the trial of former Goldman Sachs trader Fabrice Tourre. When the lawyers were discussing the mortgages tied to the securities at the center of the case, Glover realized that, for all intents and purposes, they were talking about her mortgage.

“When they were looking at the subprime mortgage groupings, I think I would have been in one of those,” Glover told me. “I didn’t have as great as FICO score at that time.”

Glover’s an Episcopal priest. She says she saw the devastation the financial crisis caused to her parishioners. They lost homes and jobs. Church programs had to be cut for lack of funds.

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Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, Episcopal Church (TEC), Law & Legal Issues, Ministry of the Ordained, Parish Ministry, Stock Market, The Banking System/Sector, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

(RNS) Ethicist Shaun Casey to oversee religious engagement for State Department

Amid persistent criticism that the U.S. marginalizes religion and religious people in its foreign policy, Secretary of State John Kerry Aug. 7 tapped ethicist and campaign adviser Shaun Casey to lead the State Department’s new Office of Faith-Based Community Initiatives.

Casey is a professor of Christian ethics at Wesley Theological Seminary in Washington and advised President Obama’s campaign and other Democrats on outreach to religious voters.

Kerry praised Casey as someone who understands how the U.S. can engage religious communities around the world to foster peace and development.

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Posted in * Culture-Watch, * Economics, Politics, Economy, Ethics / Moral Theology, Politics in General, Religion & Culture, The U.S. Government, Theology

(CEN) The Anglican Church of Canada asks for extra time to tackle pension problem

The Anglican Church of Canada has asked clergy for its support in a plea to Ontario pension fund regulators to give it a three year extension of time to address a cash crunch in the church’s pension plan.

In a July 2013 letter to the 1,600 active members and 2,600 retirees covered by the church pension programme the plan administrators told the clergy their approval was needed before the government would grant the plea for more time. “With funding relief, we will have three years to try to improve our plan’s funding level,” they wrote. “At the end of three years, we will do another valuation of the plan. If there is still a solvency funding shortfall, we will likely have no choice but to cut benefits.”

The average age of plan participants is 52.5….

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Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Anglican Church of Canada, Anglican Provinces, Economy, Ethics / Moral Theology, Law & Legal Issues, Parish Ministry, Pensions, Personal Finance, Stewardship, Theology

(Church of the Redeemer NYC) Suna Chung–Center for Faith & Work: In the Living Room

So, why do we have In the Living Room? Why should artists get their own joint in the body of the church? I asked myself these questions, too. Was this some sort of team-building, Kumbayah camp exercise?

For some, it was a time to heal and be built up. To contemplate the God-endued honor in what some people in their past labeled “frivolous”. To be with others whose day job is one thing while their mind- and heart-life is occupied elsewhere. To be challenged by the fact that God can be in the process of our work, when the work itself doesn’t have a hard outline.

We discussed the notion of liminality, the “here, but not yet” place that Christians can live in. (e.g. Our marriages are a “here, but not yet” version of our status as Bride of Christ.) For people in the creative arts, we walk into this shifting place in our work lives, too, and it can be unnerving. There is no such thing as “finished” in art. But we’re all working toward some imagined plateau before the next climb. The target is wavering and the fruit of our labor is not always in measure with the amount we have sown.

For me, this was the benefit of In the Living Room: to communicate and have communicated to me the blessedness of our “at work” state.

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Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Anthropology, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Ministry of the Laity, Parish Ministry, Religion & Culture, Theology

The U.S. Roman Catholic Bishops’ Annual Labor Day statement.

Every human being enjoys a basic right to be respected, not because of any title, position, prestige, or accomplishment but first of all because we are created in the image and likeness of God. From an ethical and moral perspective we embrace the exhortation of St. Paul “to anticipate one another in showing honor” (Rom 12:10). Today’s competitive culture challenges us to strive for victory and advantage, but for St. Paul the challenge is to build each other up and honor one another’s innate dignity.

Labor Day is an opportunity to take stock of the ways workers are honored and respected. Earlier this year, Pope Francis pointed out, “Work is fundamental to the dignity of a person. . . . It gives one the ability to maintain oneself, one’s family, to contribute to the growth of one’s own nation.” Unfortunately, millions of workers today are denied this honor and respect as a result of unemployment, underemployment, unjust wages, wage theft, abuse, and exploitation.

Even with new indicators of some modest progress in recovery, the economy still has not improved the standard of living for many people, especially for the poor and the working poor, many of whom are unemployed or underemployed.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, America/U.S.A., Anthropology, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Other Churches, Religion & Culture, Roman Catholic, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Theology

(Post-Gazette) As 'mommy blogs' grow, so do questions and conflicts

Public relations agencies now incorporate blogs into their overall marketing plans for clients; networks of bloggers help identify the most appropriate ones to recruit for those marketing efforts; and then bloggers, aware of the value they bring to the deal, consider how they want to be rewarded.

Five years ago, paying a blogger wasn’t something that came up often, said Caroline Friedman, senior associate at Burson-Marsteller. Now, she said, many more are responding to promotional inquiries with explanations of the rates that they charge for their time and access to their reader base.

“It’s a very noticeable shift every few months,” said Ms. Friedman, who works on various programs involving bloggers, including an ongoing project with Hormel Foods.

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Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Children, Economy, Ethics / Moral Theology, Marriage & Family, Theology

(Independent) Green policy failures are choking off billions in private investment

The survey stopped short of singling out the UK government for giving a lack of clarity, saying that it was a Europewide and worldwide problem. But Ms Pfeifer conceded that “mixed messages are not helpful,” when asked about the current UK government’s record.

Some 69 per cent of fund managers surveyed said they were only appointing executives with a strong focus on climate change, a significant rise on a year ago. Meanwhile, 53 per cent of asset managers said they had either sold, or decided not to invest in, at least one company in the past year because of concerns about climate change, both moral and economic.

The survey included the views of 84 investment firms in 10 countries, including The Church Commissioners for England, BNP Paribas and the California Public Employees’ Retirement System.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Anglican Provinces, Church of England (CoE), Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Religion & Culture, Stock Market, Theology

(Der Spiegel) God's Bankers: Church of England Wages War on Loan Sharks

Anglicans and Catholics alike, said Pope Francis, should give “a voice to the cry of the poor, so that they are not abandoned to the laws of an economy that seems at times to treat people as mere consumers.”

This well-intentioned statement could have also come from his counterpart, Archbishop of Canterbury Justin Welby, since March the head of the Church of England and supreme spiritual leader of about 80 million Anglicans worldwide. Welby, 57, has addressed issues of justice in capitalism ever since he was a theology student, and he rewrote his doctoral thesis into a treatise that poses the question: “Can Companies Sin?”

Of course they can. Unlike his predecessors, Welby can draw on his own experience to answer such questions. Before beginning his church career, Welby worked for 11 years as a financial manager in the oil industry: five years at Elf Aquitaine in France, followed by six years in London and, most recently, with Enterprise Oil, a production company that is now part of the Shell conglomerate.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Justin Welby, Anglican Provinces, Anthropology, Archbishop of Canterbury, Church of England (CoE), Corporations/Corporate Life, Economy, Ethics / Moral Theology, Europe, Germany, Personal Finance, Poverty, Religion & Culture, Theology

Secretary of State John Kerry to Launch Office of Faith-Based Community Initiatives Today

The new office will set Department policy on engagement with faith-based communities and will work in conjunction with bureaus and posts to reach out to those communities to advance the Department’s diplomacy and development objectives. It will also work closely with faith communities to ensure that their voices are heard in the foreign policy process, including through continued collaboration with the Department’s religion and foreign policy working group. The office will collaborate regularly with other government officials and offices focused on religious issues, including the Ambassador-at-Large for International Religious Freedom and the Department’s Office of International Religious Freedom.

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Posted in * Culture-Watch, * Economics, Politics, Economy, Foreign Relations, Politics in General, Religion & Culture, The U.S. Government

(WSJ) FBI Finds Holes in System Protecting Economic Data

The Federal Bureau of Investigation has discovered vulnerabilities in the government’s system for preventing market-moving economic reports from leaking to traders before public release.

Law-enforcement officials found “a number of operational vulnerabilities” involving “black boxes” used by several departments to control the release of sensitive economic data such as the monthly unemployment rate, according to a report by the inspector general at the Commerce Department.

The report said it was possible to subvert the system, which was designed to prevent media companies from sending economic data to traders early.

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Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Credit Markets, Currency Markets, Economy, Ethics / Moral Theology, Law & Legal Issues, Science & Technology, Stock Market, The U.S. Government, Theology

Ezra Klein Talks some sense on the Affordable Care Act's Tax on so-called Cadillac Health Plans

That sets up one of the recurring problems in health-care policy, which is that the more you do to control costs, the more people will hate you. Insurers found this out in the 1990s, when HMOs managed to save a lot of money without doing any measurable harm to care, but the American people loathed them for it. Various provisions in the Affordable Care Act ”” or any serious cost-control effort ”” will end up proving it again.

This will present a useful test for seeing who’s serious about controlling health-care costs. Conservative economists, for instance, almost universally hate the fact that employer-provided health benefits aren’t taxed, and that public-sector workers have bargained so aggressively for generous benefits. John McCain’s 2008 health plan relied on ending the employer deduction entirely and converting it to a capped deduction for individuals ”” which is a much more violent version of this kind of change.

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Posted in * Culture-Watch, * Economics, Politics, --The 2009 American Health Care Reform Debate, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, House of Representatives, Labor/Labor Unions/Labor Market, Office of the President, Personal Finance, Politics in General, President Barack Obama, Senate, Taxes, Theology

(CSM) Mental health in the US: New ideas on care emerge

[Patti] Sacher’s frustrations with the mental health care system in this country are typical. It’s a system nearly everyone agrees is fragmented, inadequate, and offers little help until someone reaches a crisis ”“ and often not even then.

Now, after a succession of shooting massacres ”“ by Adam Lanza in Newtown, Conn.; Jared Loughner in Tucson, Ariz.; James Holmes in Aurora, Colo.; and John Zawahri in Santa Monica, Calif. ”“ the mental health care system is in the limelight to a degree it hasn’t been in decades. In the case of Mr. Lanza, who killed 27 people, including 20 first-graders and his mother, before killing himself, there isn’t much conclusive known about his mental-health history ”“ and what information there is doesn’t explain what might have caused him to commit such violence. It is clear he was troubled, and the shooting sparked a massive outcry over the need for better treatment for the mentally ill.

President Obama called for a national conversation on mental health and sponsored a one-day conference on the issue in June, calling for more help for young people and veterans, in particular, and saying it’s time to “[bring] mental illness out of the shadows.”

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Anthropology, Economy, Ethics / Moral Theology, Health & Medicine, Mental Illness, Psychology, Theology

(All Tech Considered) Digital Seen Surpassing TV In Capturing Our Time

It’s finally happening, folks. This year, the average time Americans spend with digital media each day will surpass traditional TV viewing time. That’s according to of media consumption among adults.

The average adult will spend more than five hours per day online and on non-voice mobile activities (read: texting, apps, games). That’s compared to an average four hours and 31 minutes each day of TV watching.

Daily TV time will actually be down slightly this year, while digital media consumption will be up nearly 16 percent.

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Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Movies & Television, Science & Technology

Robert Putnam–Crumbling American Dreams

My hometown ”” Port Clinton, Ohio, population 6,050 ”” was in the 1950s a passable embodiment of the American dream, a place that offered decent opportunity for the children of bankers and factory workers alike.

But a half-century later, wealthy kids park BMW convertibles in the Port Clinton High School lot next to decrepit “junkers” in which homeless classmates live. The American dream has morphed into a split-screen American nightmare. And the story of this small town, and the divergent destinies of its children, turns out to be sadly representative of America.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Anthropology, Children, Economy, Ethics / Moral Theology, History, Marriage & Family, Rural/Town Life, Sociology, The U.S. Government, Theology

(FT) Jonathan Ford–Moral objections to the case for dishing Wonga

There is something endearingly audacious about Justin Welby’s expressed desire to compete the titans of Britain’s payday loan industry out of existence. But the Archbishop of Canterbury’s remarks raise two connected questions. Can he do it, and should he want to?

The first point is easier to deal with….

There are better ways for the archbishop to help the poor than for the church to dish Wonga. Those on the margins of society will always need occasional access to loans to help tide them over unscheduled expenses or interruptions in income. That these should be appropriately priced goes without saying.

The real challenge, however, is not simply to shave the interest rate by a few points, but to ensure that those who take out loans do so in the full knowledge of the risks and with a realistic plan for managing them. This means two things: first, offering genuine advice to potential borrowers; and second, real assistance should things go wrong….

Read it all (or if necessary another link is there).

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), Corporations/Corporate Life, Economy, England / UK, Ethics / Moral Theology, Personal Finance, Religion & Culture, The Banking System/Sector, Theology

(The Atlantic) Why Wasn't the NSA Prepared for someone like Edward Snowden?

In the coming weeks, Congress and the civilian defense leadership will have to ask a lot of questions about the National Security Agency’s surveillance programs, and how to reconcile them with privacy concerns. But they will also have to ask a more basic set of questions: Why on earth wasn’t the NSA prepared for this? Why didn’t the intelligence agency’s leadership have a plan to deal with the global outcry that would follow the leak of classified Internet surveillance programs?

Contingency planning is a critical part of every military operation, and is even more important for secret or covert activities. The Central Intelligence Agency and Special Forces Command examined every possible thing that could go wrong on the raid to kill Osama bin Laden, for example, and had clear plans to deal with any ensuing fallout. Although it has an intelligence mandate, the NSA is a Defense Department organization, and the director of NSA is a 4-star general. As such, it is troubling that the NSA appears to have no plan in place for how to respond once its spying program was made public and plastered on the front pages around the world. Instead, the best defense General Alexander could offer a room full of security professionals at the Black Hat convention, almost two months after the leak, was an explanation of FISA courts and the successful prosecution of a San Diego cab driver who sent money to a Somali militia.

The NSA leadership had ample warning signs that leaks were possible, and that public reaction in the U.S. and around the world would be overwhelmingly negative….

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Posted in * Culture-Watch, * Economics, Politics, Defense, National Security, Military, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Science & Technology, The U.S. Government, Theology

(NY Times Beliefs) At Christian Companies, Religious Principles Complement Business Practices

In June, a federal court ruled that Hobby Lobby, the art-supply chain, could not be fined for refusing to offer its employees morning-after contraception coverage. This challenge to the Affordable Care Act will surely go to the Supreme Court, where Hobby Lobby’s lawyers will argue that a commercial company can, legally speaking, be Christian ”” with the same rights to religious freedom that a person has.

Hobby Lobby is not alone in identifying itself as a Christian business. In-N-Out Burger, Chick-fil-A, the trucking company Covenant Transport, and the clothing store Forever 21 all call or market themselves as Christian or faith-based.

But what does that mean? To promote a conservative agenda? To insist on certain music in their stores or to print Bible verses on their wrappers? What about bigger questions, like how management treats ”” and how much it pays ”” its workers?

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Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Religion & Culture, Theology

(Der Spiegel) Birth Rate Boon? Germany Promises Daycare for All

When Irena Schauk learned that her 14-month-old son would not be receiving a place in a daycare center in Berlin’s central Mitte district, the news disappointed the mother, but came as little surprise. The struggle to find slots at the Kita — short for Kindertagesstätte, the German word for a nursery — can be Sisyphean for working parents in some parts of the country. Schauk, 29, says she’d been hearing Kita war stories for years.

“I had heard about parents outbidding one another and offering extravagant gifts to nursery managers,” Schauk says. She adds that several other acquaintances also received rejection letters — with one family finding a slot in an inconveniently located daycare center and another mother instead opting to stay home to care for her child.

A new law in Germany that went into effect on Thursday seeks to improve the situation for working parents like Schauk. Under the new rules, all parents with a child aged 12 months or older have the right to a slot in a daycare center. Previously, the rule applied only to parents with children aged three or older. It also provides any parent whose child is denied a slot with a legal provision to challenge the decision, though some have warned the option could prove expensive and might not make a difference anyway — especially if there literally is no daycare option available in a community.

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