Yearly Archives: 2014

A Life Changing New Jersey Program that Puts Young Aviators in the Pilot Seat

The Eagle Flight Squadron, a nonprofit that has been turning out private pilots since 1975, teaches teens about aviation, discipline and leadership.

Watch it all.

Posted in * Culture-Watch, Anthropology, Ethics / Moral Theology, Religion & Culture, Teens / Youth, Theology, Travel, Urban/City Life and Issues, Young Adults

(SMH) Australian divorce rate lowest since 1976 when `no fault' splits introduced

There is a lot of talk about the decline of the traditional family. Indeed, after remaining steady for more than a decade, the rate of marriage fell last year to a record low. Nevertheless, a new book argues that there remains something powerful about the institution and the role it plays in our lives.
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“For decades, we have heard that marriage is on the wane, in Australia and across the secular West,” sociologist Dr Genevieve Heard argues in the introduction to Family Formation in 21st Century Australia.

“It may be more accurate to claim that Australians are spending less time within the institution of marriage. This is because Australians are marrying later and are not necessarily remaining married for life … It is difficult to argue that marriage is on the wane when the institution remains the dominant partnership model for adult Australians.”

Read it all.

Posted in * Culture-Watch, * International News & Commentary, Anthropology, Australia / NZ, Children, Ethics / Moral Theology, Marriage & Family, Sociology, Theology

(Dirkster on Daily Kos) Looking into the work of Carter Heyward, Relational Theologian

“God is our power in mutual relation.” Everything in [Carter] Heyward’s thought flows toward and from this simple, but radical, definition. Note that nothing in this definition requires acceptance of the supernatural. In this view, God is not “a supreme being,” but a quality of existence. And although one need not be Christian to accept her definition of God, Heyward can reasonably claim its continuity with the biblical tradition on the basis of Jeremiah 22:15-16, which equates the knowledge of God and the doing of justice, and 1 John 4:7-8, which defines God as love.

Heyward’s autobiographical account of her ordination, A Priest Forever offers some insight as to why Heyward is concerned that God is our power in mutual relation, as opposed to simply being interested in mutual relation per se. Largely this is a matter of re-thinking the language of her Episcopal heritage, a heritage which provided her with the framework for an unconditional spiritual calling to the priesthood. She experienced this calling in early childhood, when she projected it onto an imaginary friend who voiced the desire. During the turmoil of pursuing ordination before it was clear that the Episcopal Church would grant it, she had a series of vivid dreams that left her with a sense that her calling was a non-negotiable demand of her life. And at her ordination, she had a deep spiritual experience that put a seal of confirmation on her calling:

Emily was ordained; then Marie. As Marie stepped back, I stepped forward, catching the bishop’s eye momentarily, and as if strangely transcendent of the time at hand, my whole life seemed contained within the moment: past, present, future. All that had ever mattered to me flooded within me, as a geyser of lifeblood or holy water.

Read it all.

I will take comments on this submitted by email only to KSHarmon[at]mindspring[dot]com.

Posted in * Anglican - Episcopal, * Culture-Watch, Anthropology, Episcopal Church (TEC), Ethics / Moral Theology, Psychology, Seminary / Theological Education, Theology

(RNS) Sorry, Fido. Pope Francis did NOT say our pets are going to heaven

There’s only one problem: apparently none of it ever happened.

Yes, a version of that quotation was uttered by a pope, but it was said decades ago by Paul VI, who died in 1978. There is no evidence that Francis repeated the words during his public audience on Nov. 26, as has been widely reported, nor was there was a boy mourning his dead dog.

So how could such a fable so quickly become taken as fact?

Part of the answer may be the topic of the pope’s talk to the crowd that day, which centered on the End Times and the transformation of all creation into a “new heaven” and a “new earth.” Citing St. Paul in the New Testament, Francis said that is not “the annihilation of the cosmos and of everything around us, but the bringing of all things into the fullness of being.”

The trail of digital bread crumbs then appears to lead to an Italian news report that extended Francis’ discussion of a renewed creation to the question of whether animals too will go to heaven.

Read it all.

Posted in * Culture-Watch, * General Interest, * Religion News & Commentary, Animals, Eschatology, Media, Other Churches, Pope Francis, Religion & Culture, Roman Catholic, Theology

(Wash. Post) Why America’s middle class is lost

One day in 1967, Bob Thompson sprayed foam on a hunk of metal in a cavernous factory south of Los Angeles. And then another day, not too long after, he sat at a long wood bar with a black-and-white television hanging over it, and he watched that hunk of metal land a man on the moon.

On July 20, 1969 ”” the day of the landing ”” Thompson sipped his Budweiser and thought about all the people who had ever stared at that moon. Kings and queens and Jesus Christ himself. He marveled at how when it came time to reach it, the job started in Downey. The bartender wept.

On a warm day, almost a half-century later, Thompson curled his mouth beneath a white beard and talked about the bar that fell to make way for a freeway, the space-age factory that closed down and the town that is still waiting for its next great economic rocket, its new starship to the middle class.

They’ve waited more than a decade in Downey. They’ve tried all the usual tricks to bring good-paying jobs back to the 77-acre plot of dirt where once stood a factory that made moon landers and, later, space shuttles. Nothing brought back the good jobs.

Read it all.

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

(The Economist Exchange) is The Federal reserve preparing to make a mistake?

…my colleague may be a bit too optimistic regarding just how close the economy is to full employment. It is true that the unemployment rate, at 5.8%, is within hailing distance of the Fed’s projected full-employment rate, of between 5.2% and 5.5%. But there are many margins along which the labour market can adjust in addition to the unemployment rate. Participation rates can and should rise. So too should hours, effort, and productivity. Given the slow growth in wages over the last year it is hard to conclude that the American economy is close to maxxing out its labour-force potential.

That apart, I think my colleague is exactly right and the Fed is close to making a big mistake. The wires are alive this morning with reports from Fed watchers, who are presumably taking their cues from Fed officials themselves, writing that the Fed will almost certainly adjust its language in a more hawkish fashion at the December or January meeting and is on track for an initial rate increase in the middle of 2015. I cannot fathom what the Fed is thinking.

Set aside potential downside risks (from a Russian financial crisis, or renewed euro-zone troubles, or a Chinese hard landing, or lord knows what else) and just focus on the dynamics within the American economy. Almost since the Fed announced that it was officially targeting an inflation rate of 2%, as measured by the price index for personal consumption expenditures, actual PCE inflation has run below the target, and often well below. It remains below target now. It is possible that tumbling oil prices could so augment household incomes that the economy roars forward and inflation jumps back to target. I do not think it is particularly likely, for a few reasons.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Federal Reserve, Globalization, History, The U.S. Government

PBS ' Religion and Ethics Newsweekly–Churches and Conversations on Race

HARPER: Well, I’ll tell you. Just in the last two weeks I have participated in four major conversations on race and racial justice in multiple different contexts, from white to multiethnic, national leaders, grassroots””there’s major conversations happening, and people are beginning to make the bridge between conversations and protest.

ABERNETHY: Talk and protest, but I’m wanting to hear what you think has to be done, and how it can be done, and whether it can be done.

HARPER: Well, the number one thing that needs to be done is we need to grow in understanding. I think that we haven’t listened to the young people, churches including, and so when I say listen, I really mean listen to the stories of the young people, because they are ones that are bearing the brunt of most of the crisis that we’re experiencing””Michael Brown, Jonathan Crawford. I mean, the drug wars in particular focused massive amounts of ammunition, of police forces in our urban centers, and as a result those places have become war zones, and our young people are the ones who are bearing the brunt of that.

Read or watch it all.

Posted in * Culture-Watch, Ethics / Moral Theology, Law & Legal Issues, Police/Fire, Race/Race Relations, Religion & Culture, Theology, Violence

Lent and Beyond: Prayer for South Carolina on Saturday December 13th

Awaiting the result of litigation. Please pray for Her Honor Judge Diane S. Goodstein

Amos 5:15a The Voice
Hate what is evil, and love all that is good;
apply His laws justly in the courts at the city gates

Our Father in heaven,

You are indeed a good God, and Your laws are just. O for the Circuit Court of South Carolina to be a true gate of justice! Amen.

Please pray it all and there are more prayers for South Carolina here

Posted in * Anglican - Episcopal, Episcopal Church (TEC), TEC Conflicts, TEC Conflicts: South Carolina

(BBC) Ebola crisis: Sierra Leone bans Christmas celebrations

Sierra Leone has banned public celebrations over Christmas and the New Year, because of the Ebola crisis.

Soldiers are to be deployed on the streets throughout the festive period to keep people indoors, officials say.

Christmas is widely celebrated in Sierra Leone, even though Islam is the largest religion.

Sierra Leone has the most cases of Ebola in the current outbreak. Some 6,580 have died, mostly in Guinea, Liberia and Sierra Leone.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * International News & Commentary, Africa, Christmas, Church Year / Liturgical Seasons, Health & Medicine, Religion & Culture, Sierra Leone

Scott Stephens–Alone Together: Can Moral Reflection Survive in a Media Age? (I)

It is not surprising that such remarks [from Pope Francis] would be ignored, given the media’s high-priestly role within our “current Kingdom of Whatever,” to use Brad Gregory’s felicitous phrase, in which “men and women in larger numbers prioritize the fulfilment of their self-chosen, acquisitive, individual desires above any social (including familial) solidarities except those they also happen to choose, and only for as long as they happen to choose them.” By warning that any society that mistakes rights for competing individual interests and freedom for mere licence will inevitability descend into resentment and violence, Francis was effectively storming the West’s holy of holies, the sacred centre of liberalism as such. Far easier to grant blanket coverage the pope’s off the cuff “Who am I to judge?” remark, which poses no challenge whatsoever to the effete sensibilities of liberal individualism, than to wrestle with a thoroughgoing challenge to the sustainability of liberalism itself.

Nor is it surprising that the media would be drawn to a broad-brush characterisation of an ageing, listless Europe, made by a pope who has graced the cover of Rolling Stone, no less! Once again, this says rather more about the media’s slobbering servitude to “the new” – which cannot help but sneer at any tradition or institution or system of thought that does not melt away before the ineluctable demands of fashion and the fickle rule of individual choice – than it does about the pope’s open-handed invitation to join together “in building a Europe which revolves not around the economy, but around the sacredness of the human person, around inalienable values … a Europe which courageously embraces its past and confidently looks to its future in order fully to experience the hope of its present.”

On both counts, the media conceals its ignorance, its arrogance and its incurious disregard for whatever does not fit within its unavowed agenda behind the threadbare alibi that it is simply reporting what is newsworthy – as if that were an objective category which the media is duty bound to serve, and which it itself has no role in shaping.

Read it all.

Posted in * Culture-Watch, * Religion News & Commentary, Ethics / Moral Theology, Media, Other Churches, Pope Francis, Religion & Culture, Roman Catholic, Theology

(Local Paper front page) First same-sex divorce granted in Charleston County

Less than a month after South Carolina began recognizing gay marriages, the state on Friday approved its first same-sex divorce.

Maria Hamar and her now ex-wife, who requested that she not be identified, were married in New York in the fall of 2011, according to court documents that were filed Oct. 31 in Charleston County.

The couple separated two years later, and ultimately dissolved their marriage this week before Family Court Judge Jerry Vinson.

Read it all.

Posted in * Culture-Watch, * South Carolina, --Civil Unions & Partnerships, Law & Legal Issues, Marriage & Family, Sexuality

(NYT On Religion) A Black Church Wins the Hearts of Whites in Harlem

On a Sunday morning in September 2011, Eloise Louis stood on a street corner in Harlem, looking for a church. She was just hours off a plane from her native France, jet-lagged and buzzy with anticipation. An aspiring jazz singer with spiritual yearnings and a self-taught knowledge of civil rights history, she had finally set foot on black America’s hallowed ground.

Just across 116th Street, Ms. Louis noticed worshipers lining up to enter First Corinthian Baptist Church, and she joined the procession. An usher, seeing her white skin and hearing her French accent, directed Ms. Louis into the portion of the balcony set aside for spectators.

“I’m not a tourist,” Ms. Louis pleaded. “I’m here for Jesus.” The usher must have sensed something genuine and desperate in her tone, because he moved her to the front rows of the balcony among the regular congregants. From there, she heard the gospel songs and the preaching, and even with her spotty English, as she recalled, “something touched my heart.”

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, Anthropology, Ethics / Moral Theology, Evangelism and Church Growth, Parish Ministry, Pastoral Theology, Race/Race Relations, Religion & Culture, Theology, Urban/City Life and Issues

A Prayer for the Feast Day of Saint Lucy

Loving God, who for the salvation of all didst give Jesus Christ as light to a world in darkness: Illumine us, with thy daughter Lucy, with the light of Christ, that by the merits of his passion we may be led to eternal life; through the same Jesus Christ, who with thee and the Holy Spirit livest and reignest, one God, for ever and ever. Amen.

Posted in * Christian Life / Church Life, Church History, Spirituality/Prayer

A Prayer to Begin the Day

Make us, we beseech thee, O Lord our God, watchful and heedful in awaiting the coming of thy Son Christ our Lord; that when he shall come and knock, he shall find us not sleeping in sin, but awake and rejoicing in his praises; through the same Jesus Christ our Lord.

–Gelasian Sacramentary

Posted in * Christian Life / Church Life, Spirituality/Prayer

From the Morning Scripture Readings

Thou hast turned for me my mourning into dancing: thou hast put off my sackcloth, and girded me with gladness;

To the end that [my] glory may sing praise to thee, and not be silent. O LORD my God, I will give thanks unto thee for ever.

–Psalm 30:11-12 (KJV)

Posted in Theology, Theology: Scripture

Music for Friday – Every Valley

Posted in * Christian Life / Church Life, Advent, Church Year / Liturgical Seasons

Lent and Beyond: Prayer for South Carolina on Friday December 12th

Awaiting results of litigation”“
Please pray for the Diocese of South Carolina and its legal team, all those involved in the proceedings and for the Judge and for the growth of God’s Kingdom in South Carolina
1 Chronicles 4:42-43 (NIV)
And five hundred of these Simeonites, led by Pelatiah, Neariah, Rephaiah and Uzziel, the sons of Ishi, invaded the hill country of Seir. They killed the remaining Amalekites who had escaped, and they have lived there to this day.

Simeon”“God has heard
Pelatiah”“let the Lord deliver, deliverance of the Lord in Israel
Neariah”“child of God
Rephaiah”“Jehovah has healed
Uzziel”“God is my strength
Ishi”“salvation

Amalekites”“a people thought to be descended from Esau. The name is often interpreted as “dweller in the valley”, and occasionally as “war-like,” “people of prey”, “cave-men.”

Dear Heavenly Father,

You are a God who hears His children. You are our Deliverer, our Healer, our strength and our salvation. Have mercy.

Did not Moses say that because Amalekites had raised their fist against the Lord’s throne, the Lord would be at war with Amalek generation after generation? If the spirit of Amalek is involved in the South Carolina litigation, defeat it, we pray.

With You, nothing is impossible. Your name is Jehovah-nissi. The Lord is our banner! Amen.

Please pray it all and there are more prayers for South Carolina here

Posted in * Anglican - Episcopal, Episcopal Church (TEC), TEC Conflicts, TEC Conflicts: South Carolina

(F Things) Robert Reed–Gnosticism 2.0: Interstellar and the Religion of Science

Interstellar’s scientific pretensions capture the religious spirit of our times. What should we make of all the talk of the incompatibility of science and religion? Nothing: Longing for future glory is alive and well among the scientifically literate. Some of their own apparently comprise the most fervent devotees of future hope, displaying the same desire for human transcendence as the ancients but clothing it in modern science. Interstellar is worth reflecting on, not for any dubious relation it may bear to our future, but because of its indebtedness to the past: It is an ancient myth retold and centuries of scientific progress have diminished none of its appeal.

Read it all.

Posted in * Culture-Watch, Anthropology, Ethics / Moral Theology, History, Movies & Television, Philosophy, Religion & Culture, Science & Technology, Theology

The Rev. Dr. Martha Giltinan RIP

The Rev. Dr. Martha Giltinan died this morning in Boston at Massachusetts General Hospital after a yearlong battle with Leukemia. Throughout this year she has fought valiantly against the disease, but always with a deep trust in the Lord and without a fear of death. “Death has no dominion over me,” was her constant refrain during her treatment.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, Death / Burial / Funerals, Parish Ministry, Seminary / Theological Education, Theology

(WSJ) Jonathan Sachs–A New Movement Against Religious Persecution

According to the Religious Freedom in the World Report 2014 by the Catholic Church’s Aid to the Church in Need organization, freedom of religion has deteriorated in almost half the countries of the world, and sectarian violence is at a six-year high. Yet freedom of religion is one of the basic human rights, as set out in Article 18 of the Universal Declaration of Human Rights. More fundamentally, it was the cause for which the modern world established the concept of human rights in the first place. Revulsion at a century of religious wars in Europe helped spur Enlightenment thinking about the social contract, the moral limits of power, and the centrality of human rights.

The world needs a new, enlightened movement: of people of all faiths working together for the freedom of all faiths. The record of religion in the past, and tragically also in the present, has not been good. Throughout history, people have hated in the name of the God of love, practiced cruelty in the name of the God of compassion, killed in the name of the God of life, and waged war in the name of the God of peace. None of the world’s great religions has been exempt from this at one point or another. The time has come to say””enough.

The challenge is simple and it is posed in the first chapter of the Bible. Can we recognize God’s image in a person who is not in our image; whose color, creed or culture is not our own?

Read it all.

Posted in * Culture-Watch, * Religion News & Commentary, Judaism, Other Faiths, Religion & Culture, Theology

(Bloomberg) Fed Bubble Bursts in $550 Billion of Energy Debt: Credit Markets

The danger of stimulus-induced bubbles is starting to play out in the market for energy-company debt.

Since early 2010, energy producers have raised $550 billion of new bonds and loans as the Federal Reserve held borrowing costs near zero, according to Deutsche Bank AG. With oil prices plunging, investors are questioning the ability of some issuers to meet their debt obligations. Research firm CreditSights Inc. predicts the default rate for energy junk bonds will double to eight percent next year.

“Anything that becomes a mania — it ends badly,” said Tim Gramatovich, who helps manage more than $800 million as chief investment officer of Santa Barbara, California-based Peritus Asset Management. “And this is a mania.”

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Credit Markets, Economy, Energy, Natural Resources, Ethics / Moral Theology, Federal Reserve, The Banking System/Sector, The U.S. Government, Theology

(Local Paper front page) South Carolina's No. 1 spot in worst-drivers ranking stirs debate

South Carolina has some of the worst drivers in the nation, according to a new report released Thursday.

Does this surprise anyone dodging the traffic on Interstate 26 every day?

South Carolina tied with Montana for the “worst drivers” title, according to Car Insurance Comparison, whose annual “Worst Drivers By State” ranking is based on data from the National Highway Traffic Safety Administration.

Read it all.

Posted in * Culture-Watch, * South Carolina, Travel

(America) Why Are Roman Catholic Funerals on the Decline in the US?

A new troubling trend marks the U.S. church: the decline in Catholic funerals. It will affect Catholic life in the future if a basic tradition dies out. It also affects pastoral life now if people deprive themselves of closure after the death of a loved one.

Those for whom funeral rites are not celebrated today have often been lifelong Catholics who presume their children will arrange a traditional funeral for them when they die. Some parents may want to alert offspring that they want a funeral Mass.

In 1970, according to statistics from the Georgetown University-based Center for Applied Research in the Apostolate (CARA), there were 426,309 Catholic funerals in the United States. More than 40 years later, in 2011, there were 412,145, a decrease despite an increased U.S. Catholic population over that time.

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Posted in * Christian Life / Church Life, * Culture-Watch, * International News & Commentary, * Religion News & Commentary, America/U.S.A., Children, Death / Burial / Funerals, Eschatology, Ethics / Moral Theology, Marriage & Family, Ministry of the Ordained, Other Churches, Parish Ministry, Pastoral Theology, Psychology, Religion & Culture, Roman Catholic, Theology

Vienna Protests the Persecution of Christians

More than a thousand participants carried touches and banners through the Christmas-decorated streets of Vienna, with messages such as “Freedom of Religion is a Human Right”, “100 millions Christians suffer persecution”, “Stop the Genocide against Christians”, and not least the leading banner with the text “Murder ”” Rapes ”” Burning churches ”” Forced Islamization”, a clear protest against Islamist behaviour in many countries. The march was led by a priest holding a large crucifix, while Dr. Elmar Kuhn of CSI gave a speech while walking. The Maltese Church, which is located in the middle of the march, was rang its bells in support.

In addition to the usual flyers with information about the situation, the organizers also distributed buttons with the Arabic letter ”˜N’. This is the sign that Islamic State and other Islamists paint on the walls of homes and other property belonging to Christians, marking them as targets of attacks, abductions, killing and destruction ”” a sign now used extensively in the formerly Christian country of Syria. This practice strongly resembles the methods used by German national socialists during the 1930’s to mark up Jewish property. This is a cause of reflection in times where Christians even in the West frequently need police protection due to their conversion from Islam, or due to being too clear and outspoken in their criticism of Islamic ideology.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, Austria, Europe, Foreign Relations, Inter-Faith Relations, Islam, Law & Legal Issues, Muslim-Christian relations, Other Faiths, Politics in General, Psychology, Religion & Culture, Violence

(Globe+ Mail) Lorna Dueck–Trinity Western affair a trial of Canadian civility and tolerance

Not all lawyers agree that gay rights are being violated in this case. Not all Christians agree a true expression of Christianity is being extended in this case. But at the core of this fight, this is not an argument over what kind of sex students should or shouldn’t be allowed to have.

What we’re really fighting over is the right to diversity. Lost in the fireworks of this case is that Canadian students choose TWU and its Covenant because it reflects their identity. Mr. Ruby’s and the Law Societies fight imply that such identity can’t be trusted in their definitions of public life.

“Within the confines of religion, the most inane nonsense can be believed and practiced and passed on to one’s children. That’s freedom of religion, have a nice time. But when you go to the government and say I want your approval for this, I want tax status for this, then it’s beyond mere freedom of religion, there has to be a primacy for the right to equality,” Mr. Ruby said.

Read it all.

Posted in * Culture-Watch, * International News & Commentary, * Religion News & Commentary, --Civil Unions & Partnerships, Canada, Ethics / Moral Theology, Law & Legal Issues, Marriage & Family, Other Faiths, Psychology, Religion & Culture, Secularism, Sexuality, Theology, Theology: Scripture

Bp of Sheffield–Much has been achieved through Millennium Development Goals

Fighting the “evil giant” of climate change and ending violence against women and girls should be among the key themes for new global development goals from 2015, the Bishop of Sheffield has told the House of Lords.

The Rt Rev Steven Croft said there had been “major” achievements as a result of the Millennium Development Goals (MDGs) set by world leaders in 2000.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Anglican Provinces, Church of England (CoE), CoE Bishops, Foreign Relations, Globalization, Politics in General

(Church Times) Plan to groom ”˜talent’ for high office in C of E

A radical overhaul of the Church of England’s leadership is under way.

A key report, still unpublished, sets out a programme of “talent management” in the Church. The report has been signed off by the two Archbishops, and a £2-million budget has been allocated. It was discussed by all the bishops in September, and the House of Bishops on Monday. A spokesman said on Wednesday that the Bishops “welcomed the implementation plan prepared in the light of those discussions. Details will be published next month.”

The Church Times has seen the report, Talent Management for Future Leaders and Leadership Development for Bishops and Deans: A new approach, prepared by a steering group chaired by Prebendary the Lord Green of Hurstpierpoint, the former HSBC chairman. It speaks of a “culture change for the leadership of the Church”, and outlines a two-stage process.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Anthropology, Church of England (CoE), Corporations/Corporate Life, Economy, England / UK, Ethics / Moral Theology, Ministry of the Ordained, Parish Ministry, Pastoral Theology, Psychology, Religion & Culture, Theology

(FT) Fears resurface of European Union Stagnation

…the ECB is split over whether to embark on full-blown quantitative easing as a way to achieve growth. Such a policy is strongly opposed by Bundesbank President Jens Weidmann and other hawkish members of the bank’s governing council.

They believe the central bank’s existing measures, which include buying covered bonds and asset-backed securities and auctioning cheap cash to eurozone lenders, are enough to lift inflation to the ECB’s target of below but close to 2 per cent.

But analysts think the disappointing take-up at Thursday’s auction has weakened their hand. “The result reduces the strength of the ECB hawks’ argument that existing policy measures are enough,” said Nick Matthews, economist at Nomura.

Read it all.

Posted in * Economics, Politics, * International News & Commentary, --European Sovereign Debt Crisis of 2010, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Europe, European Central Bank, Foreign Relations, Politics in General, The Banking System/Sector, Theology

(NPR) Problems With Your Boss? Try A Chat With The Office Chaplain

STEVE INSKEEP, HOST:

Here’s a change in corporate human resources – more companies are hiring chaplains. These are the same kinds of people with religious training you find in the military or on college campuses. Chaplains work in companies to help people talk through office frustrations. Here’s Lauren Silverman of our member station KERA in Dallas.

LAUREN SILVERMAN, BYLINE: Every week, Chaplain John Eaton knocks on the doors of employees at Purdy McGuire, an engineering firm in Dallas.

(KNOCKING)

CHAPLAIN JOHN EATON: Hey Scott. How’s it going, man?

SILVERMAN: How’s it going is more than a greeting, it’s part of Eaton’s job. He talks with employees about anything – sports, church, problems at home. Scott Brown is a member of the Church of Jesus Christ of Latter-day Saints, or Mormon faith. He likes the check-ins.

Read it all.

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

(CSM) Google News shutdown in Spain: Does anyone win?

Google is shutting down its Google News service in Spain next week in response to new legislation that requires the search giant to pay for content from Spanish news organizations.

Richard Gingras, the head of Google News, announced the decision on Google’s Europe blog Thursday. “With real sadness,” he wrote, Spanish publishers will be removed from the site on Dec. 16.

The change to Spain’s copyright law, which goes into effect in January, allows Spanish newspapers and other publishers to charge Google each time their content appears on Google News. The so-called “Google tax” applies to all news aggregation sites, including Menéame, Google’s Spain-based rival.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Europe, Foreign Relations, Globalization, Law & Legal Issues, Media, Politics in General, Spain, Theology