It's interesting to read conservative newspapers, and to see how they blame our economic woes on social spending. That is, they blame the recession on the poor. That''s surely remarrcalbe that such a disorganized and, well, poor group could have such an effect on national and international affairs.
The reality is that such opinion is as silly as anything Marx wrote. It's quite the same sort of one sze fits all nonsense. Most isms, liberalism, conservatism, capitalism, communism, socialism are pretty silly in their one size fits all approach.
Glad I stuck it out with the real estate market in Alberta.
Where investors are loosing money along with their shirts its good to know that real estate is the last thing you will see getting lost (shirts, money).
I actually started up www.AlbertaHomesListed.com in order to help people find realtors in their respective areas. This isn't the MLS by any means but it sure helps out other realtors when people have spoken to a professional and are already preapproved.
[Ed. note: Originally published as "From Anxiety and Greed to Milk and Honey," in the February 2009 issues of Sojourners magazine, (800) 714-7474, www.sojo.net. Reprinted with permission.]
So far as I know, the Bible says nothing explicit about subprime loans and the financial implications of such risky economic practice. There is a great deal, nonetheless, that the Bible has to say about such a crisis as we now face. I will comment in turn on a biblical perspective of an analysis of the crisis and a biblical perspective for an alternative economic practice.
While the specifics of the current market collapse are peculiarly modern, biblical perspectives are pertinent because the fundamental issues of economics are constant from ancient to contemporary time, constants such as credit and debt, loans and interest, and the endless tension between haves and have-nots.
We may identify three dimensions of the theological-moral foundations of the current economic crisis:
List of things he said about the economy. At least he caught on eventually.
Myth/Fact: He said it!? PM Harper's 2008 economic comments
1. On Sept. 15, 2008, Stephen Harper said, 'My own belief is if we were going to have some kind of crash or recession, we probably would have had it by now.'
I thought some people on WC might like to check this out. It's a 20 minute video, so make sure you have time to watch it, but you can also watch one chapter at a time.