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(Economist) Will Donald Trump unleash Wall Street? Bankers have plenty of reason to be hopeful

According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated upon Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast. Now, with the inauguration of Mr Trump imminent, American financiers will discover just how much cause they have for celebration.

The industry will certainly experience an abrupt change in how it is overseen. America’s regulatory agencies will take a permissive approach in banking and beyond, with new priorities when enforcing securities laws. Crypto is about to go truly mainstream. And looser rules could enable the consolidation of America’s banking system, home to a vast number of small and mid-sized lenders. The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom.

Read it all.

Posted in Office of the President, President Donald Trump, Stock Market

A Prayer for the Feast Day of Richard Meux Benson and Charles Gore

Gracious God, who hast inspired a rich variety of ministries in thy Church: We offer thanks for Richard Meux Benson and Charles Gore, instruments in the revival of Anglican monasticism. Grant that we, following their example, may call for perennial renewal in thy Church through conscious union with Christ, witnessing to the social justice that is a mark of the reign of our Savior Jesus, who is the light of the world; and who livest and reignest with thee and the Holy Spirit, one God, for ever and ever. Amen.

Posted in Church History, Spirituality/Prayer

A Prayer for the day from the Church of England

Heavenly Father,

at the Jordan you revealed Jesus as your Son:

by your Spirit may we recognize him as our Lord

and know ourselves to be your beloved children;

through Jesus Christ our Saviour(slightly edited; KSH).

Posted in Spirituality/Prayer

From the Morning Bible Readings

But you, Israel, my servant,
    Jacob, whom I have chosen,
    the offspring of Abraham, my friend;
 you whom I took from the ends of the earth,
    and called from its farthest corners,
saying to you, “You are my servant,
    I have chosen you and not cast you off”;
 fear not, for I am with you,
    be not dismayed, for I am your God;
I will strengthen you, I will help you,
    I will uphold you with my victorious right hand.

–Isaiah 41:8-10

Posted in Theology: Scripture

(Church Times) Rod Garner–Hope for the C of E’s future lies with the laity  

From his immersive studies of the early centuries of the Church, marked by internal theological hatreds and violent disagreements, he [John Henry Newman] had come to disquieting conclusions. When bishops had contradicted one another on fundamental matters of doctrine, and the weakness, prevarications, and misguidance of a divided hierarchy threatened to eclipse the light of Christ, it was the body of the laity that clung to the narrow way. What they firmly believed sustained and illuminated their living, suffering, and dying

The essay was never intended as a rebuke to the church leaders of his day. Newman believed that the truth of Christ was mediated in various ways, including the utterances of the episcopate. But he also placed considerable emphasis on the consensus fidelium: the consent and attested witness of the faithful. Like the first apostles, they, too, had received and were guided by the Holy Spirit.

What the Church was, therefore, in its very essence, its nature, form, and possible futures, was shaped, in part, by the devotion and spiritual integrity that started from below, within the body of believers. The laity were to be listened to and consulted not simply because they, too, had their story, but, rather, because their collective experience reflected their graced instinct of the faith (sensus fidei). Together with priests and bishops, they shared a common mission and a call to holiness.


Newman’s prescience remains timely and even more urgent as the national Church begins the search for a new Archbishop of Canterbury. It should acknowledge, celebrate, and draw on “the spiritual gold reserves” (interestingly, a term first coined by the late Chief Rabbi, Lord Sacks) of faithful congregations and prayerful souls, however small.

Read it all.

Posted in Church History, Church of England (CoE), Ecclesiology, Ministry of the Laity, Parish Ministry

1 million U.S. adults will develop dementia each year by 2060, study says

New cases of dementia will double by 2060, when 1 million U.S. adults are projected to develop the memory-robbing condition each year, according to a sobering new study published Monday in the journal Nature Medicine.

The new analysis shows that the risk a person faces over their lifetime is higher than some previous estimates: After age 55, 4 in 10 adults are likely to develop some form of dementia. That’s in part because the new analysis is based on decades of close follow-up, including regular cognitive assessments, of a racially diverse group of people — a quarter of whom were Black and face an increased risk of dementia.

“If you start at age 55 and go forward until your 95th birthday, there are two options: You die before dementia, or you get to dementia before death,” said Josef Coresh, founding director of the Optimal Aging Institute at the New York University Grossman School of Medicine. From age 55 to 75, he noted, the risk of developing dementia is only about 4 percent. That increases substantially over the next two decades, particularly after people’s 85th birthdays.

Read it all.

Posted in Aging / the Elderly, Health & Medicine, Psychology

James Dudley-Smith on the next Archbishop of Canterbury

Posted in Archbishop of Canterbury, Ministry of the Ordained, Parish Ministry

(NC Register) Theology of Geography: Jesus’ Baptism Site Brims With Significance

“This place, which is the holy place of the baptism of Jesus, which also marks the beginning of the ministry of Jesus, marks a new beginning for the life of our Church,” said Cardinal Parolin.

And that “holy place” has a special geographical significance. The baptism of Jesus took place in the Jordan River, in the valley east of Jerusalem, just north of the Dead Sea and not far from the ancient city of Jericho. Far from accidental, all of this is significant.

Noting that the nearby Dead Sea is the lowest place on earth, Cardinal Parolin said that “it is precisely here that God came to meet us, as if to gather into his embrace also those from afar.”

That embrace extends to the “lowest,” the “deadest” and “oldest.”

Read it all.

Posted in Epiphany, Theology: Scripture, Uncategorized

A Prayer for the Feast Day of Hilary of Poitiers

O Lord our God, who didst raise up thy servant Hilary to be a champion of the catholic faith: Keep us steadfast in that true faith which we professed at our baptism, that we may rejoice in having thee for our Father, and may abide in thy Son, in the fellowship of the Holy Spirit; thou who livest and reignest for ever and ever.

Posted in Church History, Spirituality/Prayer

A Prayer for the day from the Church of South India

Lord Jesus Christ, who didst humble thyself to take the baptism of sinful men, and wast forthwith declared to be the Son of God: Grant that we who have been baptized into thee may rejoice to be the sons of God, and servants of all; for thy name’s sake, who with the Father and the Holy Spirit livest and reignest ever one God, world without end.

Posted in Epiphany, Spirituality/Prayer

From the Morning Scripture readings

To whom then will you compare me,
    that I should be like him? says the Holy One.
Lift up your eyes on high and see:
    who created these?
He who brings out their host by number,
    calling them all by name;
by the greatness of his might,
    and because he is strong in power
    not one is missing.

Why do you say, O Jacob,
    and speak, O Israel,
“My way is hid from the Lord,
    and my right is disregarded by my God”?
Have you not known? Have you not heard?
The Lord is the everlasting God,
    the Creator of the ends of the earth.
He does not faint or grow weary,
    his understanding is unsearchable.
He gives power to the faint,
    and to him who has no might he increases strength.
Even youths shall faint and be weary,
    and young men shall fall exhausted;
but they who wait for the Lord shall renew their strength,
    they shall mount up with wings like eagles,
they shall run and not be weary,
    they shall walk and not faint.

–Isaiah 40:25-31

Posted in Uncategorized

Hippolytus on the Baptism of Jesus

That Jesus should come and be baptized by John is surely cause for amazement. To think of the infinite river that gladdens the city of God being bathed.in a poor little stream of the eternal; the unfathomable fountainhead that gives life to all men being immersed in the shallow waters of this transient world! He who fills all creation, leaving no place devoid of his presence, he who is incomprehensible to the angels. and hidden from the sight of man, came to be baptized because it was his will. And behold, the heavens opened and a voice said: “This is my beloved Son in whom I am well pleased.”

The beloved Father begets love, and spiritual light generates light inaccessible. In his divine nature he is my only Son, though he was known as the son of Joseph. This is my beloved Son. Though hungry himself, he feeds thousands; though weary, he refreshes those who labor. He has no place to lay his head yet holds all creation in his hand. By his passion [inflicted on him by others], he frees us from the passions [unleashed by our disobedience]; by receiving a blow on the cheek he gives the world its liberty; by being pierced in the side he heals the wound of Adam.

I ask you now to pay close attention, for I want to return to that fountain of life and contemplate its healing waters at their source.

The Father of immortality sent his immortal Son and Word into the world; he came to us men to cleanse us with water and the Spirit. To give us a new birth that would make our bodies and souls immortal, he breathed into us the spirit of life and armed us with incorruptibility. Now if we become immortal, we shall also be divine; and if we become divine after rebirth in baptism through water and the Holy Spirit, we shall also be coheirs with Christ after the resurrection of the dead.

Therefore, in a herald’s voice I cry: Let peoples of every nation come and receive the immortality that flows from baptism. This is the water that is linked to the Spirit, the water that irrigates Paradise, makes the earth fertile, gives growth to plants, and brings forth living creatures. In short, this is the water by which a man receives new birth and life, the water in which even Christ was baptized, the water into which the Holy Spirit descended in the form of a dove.

Whoever goes down into these waters of rebirth with faith renounces the devil and pledges himself to Christ. He repudiates the enemy and confesses that Christ is God, throws off his servitude, and is raised to filial status. He comes up from baptism resplendent as the sun, radiant in his purity, but above all, he comes as a son of God and a coheir with Christ. To him and to his most holy and life-giving Spirit be glory and power now and forever. Amen.

Hippolytus  of Rome (c.170-235) from a sermon c. 215 which may be found there.

Posted in Church History, Epiphany, Preaching / Homiletics

More Music for Epiphany–O Morning Star, How Fair and Bright

Listen to it all at the link there.

Lyrics:

1 O Morning Star, how clear and bright,
your beam shines forth in truth and light!
My Sovereign meek and lowly!
O Root of Jesse, Promised One,
my God and Ruler, you have won
my heart to serve you solely!
You are holy,
great and glorious, all-victorious,
Rich in blessing,
rule and might o’er all possessing.
2 Come heavenly Brightness, Light divine,
and deep within my heart now shine,
there make yourself an altar!
Fill me with joy and strength to be
your member, joined eternally
in love that cannot falter;
Longing for you
does possess me; turn and bless me;
Here in sadness
eye and heart long for your gladness.

Posted in Epiphany, Liturgy, Music, Worship

Aelred of Rievaulx for his Feast Day–What Friendship is

10. What statement about friendship can be more sublime, more true, more valuable than this: it has been proved that friendship must begin in Christ, continue with Christ, and be perfected by Christ. Come, now: propose what in your opinion should be the first question about friendship.

IVO. I think we should first discuss what friendship is, lest we appear to be painting on a void, not knowing what should guide and organize our talk.

11. AELRED. Is Cicero’s definition not an adequate beginningfor you? “Friendship is agreement in things human and divine, with good will and charity.”

12. IVO. If his definition suffices for you, it’s good enough for me.

–Aelred of Rievaulx Spiritual Friendship I.10-12 (Lawrence C. Braceland, tr., Marsha L. Dutton ed., Collegeville, Minnesota: Liturgical Press, 2010), p.57

Posted in Anthropology, Church History, Theology

A Prayer for the Feast Day of Aelred of Rievaulx

Almighty God, who didst endow thy abbot Aelred with the gift of Christian friendship and the wisdom to lead others in the way of holiness: Grant to thy people that same spirit of mutual affection, that, in loving one another, we may know the love of Christ and rejoice in the gift of thy eternal goodness; through the same Jesus Christ our Savior, who liveth and reigneth with thee and the Holy Spirit, one God, now and for ever. Amen.

Posted in Church History, Spirituality/Prayer

(Eleanor Parker) A medieval carol about the baptism of Christ

When Jesus Christ baptised was,
The Holy Ghost descended with grace;
The Father’s voice was heard in that place:
‘Hic est Filius meus; ipsum audite.’

There were three Persons and one Lord,
The Son baptised with one accord;
The Father said these blessed words:
‘Hic est Filius meus; ipsum audite.’

Consider now, all Christianity,
How the Father said because of thee
The great mystery of the Trinity:
‘Hic est Filius meus; ipsum audite.’

Now, Jesu, as thou art both God and man,
And were baptised in River Jordan,
At our last end, we pray thee, say then:
‘Hic est Filius meus; ipsum audite.

Read it all.

Posted in Christology, Church History, Liturgy, Music, Worship, Theology

A Prayer for the day from the Scottish Prayerbook

Almighty God, who at the baptism of thy blessed Son Jesus Christ in the river Jordan didst manifest his glorious Godhead: Grant, we beseech thee, that the brightness of his presence may shine in our hearts, and his glory be set forth in our lives; through the same Jesus Christ our Lord.

Posted in Epiphany, Spirituality/Prayer

From the Morning Bible Readings

Blessed is the man who walks not in the counsel of the wicked, nor stands in the way of sinners, nor sits in the seat of scoffers; but his delight is in the law of the LORD, and on his law he meditates day and night. He is like a tree planted by streams of water, that yields its fruit in its season, and its leaf does not wither. In all that he does, he prospers.

–Psalm 1:1-3

Posted in Theology: Scripture

Prayers for the Anglican Diocese of South Carolina this day

Posted in * Anglican - Episcopal, * South Carolina, Parish Ministry, Spirituality/Prayer

A Prayer from the Church of England for the Baptism of Jesus

Eternal Father,
who at the baptism of Jesus
revealed him to be your Son,
anointing him with the Holy Spirit:
grant to us, who are born again by water and the Spirit,
that we may be faithful to our calling as your adopted children;
through Jesus Christ your Son our Lord,
who is alive and reigns with you,
in the unity of the Holy Spirit,
one God, now and for ever.
Amen.

Posted in Epiphany, Spirituality/Prayer

From the Morning Bible Readings

Comfort, comfort my people,
says your God.

Speak tenderly to Jerusalem,
    and cry to her
that her warfare is ended,
    that her iniquity is pardoned,
that she has received from the Lord’s hand
    double for all her sins.

A voice cries:
“In the wilderness prepare the way of the Lord,
    Make straight in the desert a highway for our God.

Every valley shall be lifted up,
    and every mountain and hill be made low;
the uneven ground shall become level,
    and the rough places a plain.

And the glory of the Lord shall be revealed,
    and all flesh shall see it together,
    for the mouth of the Lord has spoken.”

–Isaiah 40:1-5

Posted in Theology: Scripture

A Prayer for Epiphany to begin the day from Let us Pray (Church of Scotland)

We thank thee, O God, that thou didst give thy Son Jesus Christ to be the light of the world, and that in him thou hast revealed thy glory and the wonder of thy saving love. Help us to love thee who hast so loved us; strengthen us for the service of thy kingdom; and grant that the light of Christ may so shine throughout the world that men everywhere may be drawn to him who is the Saviour and Lord of all, and the whole earth be filled with thy glory; through the same Jesus Christ our Lord.

Let Us Pray: A Book of Prayers for Use in Family Worship, Church Schools and Fellowships, prepared by the Committee on Public Worship and Aids to Devotion of the General Assembly of the Church of Scotland (London:Oxford University Press, 1959)

Posted in Epiphany, Spirituality/Prayer

From the Daily Bible Readings

Praise the Lord!
Praise the Lord from the heavens,
praise him in the heights!
Praise him, all his angels,
praise him, all his host!

Praise him, sun and moon,
praise him, all you shining stars!
Praise him, you highest heavens,
and you waters above the heavens!
Let them praise the name of the Lord!
For he commanded and they were created.
And he established them for ever and ever;
he fixed their bounds which cannot be passed.

–Psalm 148:1-3

Posted in Theology: Scripture

A Prayer from our Diocese emailed from Bishop Chip Edgar for those impacted by the California Fires

O Sovereign Lord, Creator of heaven and earth, whose mighty hand holds back the waters and commands the elements according to Your will; look with mercy upon our land now threatened by devastating fires, and stretch forth Your hand to protect Your people. Shield the brave firefighters and first responders who risk their lives in service to others, grant them wisdom and strength in their labors, and surround them with Your divine protection. Send Your refreshing rains to quench these flames, calm the winds that drive them, and preserve both life and property from destruction; through Jesus Christ our Lord, who with You and the Holy Spirit lives and reigns, one God, now and forever. Amen.

Posted in Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc., Police/Fire, Spirituality/Prayer

A North Carolina Fire Chief Reflects on God’s Work in His Community After Hurricane Helene

Fire Chief Stephen Freeman has lived in Bat Cave, North Carolina, for more than six decades. He’s seen severe and deadly weather events. But he’d never seen anything like the force of water that swept through the southern Appalachians in September of last year. He said he’s also experienced God’s presence and the love of God’s people in amazing ways.

“What’s happened is catastrophic,” he said. “But you can see God’s love coming in. It is so good to see God in action. Actions speak louder than words. And the love of Christ has shown through Samaritan’s Purse. They’re in it for the long haul.

“You see God’s beauty in all this instead of seeing all this destruction. Taking something that’s real bad and turning it into something good. Everything is getting better every day.”

Read it all and please take the time to watch the powerful video.

Posted in Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc., Parish Ministry, Pastoral Care, Police/Fire, Religion & Culture, Stewardship

More Poetry for Epiphany–W H Auden–The Summons, in For the Time Being: A Christmas Oratorio

The First Wise Man

 To break down her defenses
And profit from the vision
That plain men can predict through an
Ascesis of their senses,
With rack and screw I put Nature through
A thorough inquisition;
But she was so afraid that if I were disappointed
I should hurt Her more that Her answers were disjointed –
I did. I didn’t. I will. I won’t.
She is just as big a liar, in fact, as we are.
To discover how to be truthful now
Is the reason I follow this star.

The Second Wise Man

My faith that in Time’s constant
Flow lay real assurance
Broke down on this analysis –
At any given moment
All solids dissolve, no wheels revolve,
And facts have no endurance –
And who knows if this is by design pure inadvertence
That the Present destroys its inherited self-importance?
With envy, terror, rage, regret,
We anticipate or remember but never are.
To discover how to be living now
Is the reason I follow this star.

You may read the rest there (pp. 27-28).

Posted in Epiphany, History, Poetry & Literature

More Music for Epiphany–The Three Kings – Peter Cornelius

Lyrics: Three Kings from Persian lands afar
To Jordan follow the pointing star
And this the quest of the travelers three
Where the newborn King of the Jews may be
Full royal gifts they bear for the King
Gold, incense, myrrh are their offering

The star shines out with a steadfast ray
The kings to Bethlehem make their way
And then in worship they bend the knee
As Mary’s child in her lap they see
Their royal gifts they show to the King
Gold, incense, myrrh are their offering

Thou child of man, lo, to Bethlehem
The Kings are traveling, travel with them
The star of mercy, the star of grace
Shall lead thy heart to its resting place
Gold, incense, myrrh, thou canst not bring
Offer thy heart to the infant King
Offer thy heart.

Listen to it all.

Posted in Epiphany, Liturgy, Music, Worship

A Prayer for the Feast Day of William Laud

Keep us, O Lord, constant in faith and zealous in witness, that, like thy servant William Laud, we may live in thy fear, die in thy favor, and rest in thy peace; for the sake of Jesus Christ thy Son our Lord, who liveth and reigneth with thee and the Holy Spirit, one God, for ever and ever.

Posted in Church History, Spirituality/Prayer

A Prayer for Epiphany to begin the day from Prayers for the Christian Year

O God, who by the shining of a star didst guide the wise men to behold thy Son, our Lord: Show us thy heavenly light, and give us grace to follow until we find him, and, finding him, rejoice.  And grant that as they presented gold, frankincense, and myrrh, we now may bring him the offering of a loving heart, an adoring spirit, and an obedient will; for his honour, and for thy glory, O God most high.

Posted in Epiphany, Spirituality/Prayer

From the Morning Bible Readings

Though I walk in the midst of trouble,
    thou dost preserve my life;
thou dost stretch out thy hand against the wrath of my enemies,
    and thy right hand delivers me.
The Lord will fulfil his purpose for me;
    thy steadfast love, O Lord, endures for ever.
    Do not forsake the work of thy hands.

–Psalm 138:7-8

Posted in Theology: Scripture