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A strong statement from the head of the U.S. bishops domestic justice committee offers five conditions to guide any rescue/bailout package. In the Sept. 26 statement (it didn’t get much press; I just found it now via ZENIT), Bishop William Murphy of Rockville Centre (Long Island) stressed “responsibility, accountability, awareness of advantages and limitations of…

Rabbis of antiquity interpreted the attempt by humanity to build a Tower of Babel that would allow people to storm heaven as a symbol of human hubris and technological power gone crazy. It was globalization for the sake of power, not for the sake of kindness or goodness, so,  according to the Bible, God ensured…

Looking for a Catholic–some would say traditionally Christian–point of view on the economic meltdown? The  church has long-standing teachings and resources that I think could be useful–and an antidote to some of the idolatry and fatalism of unfettered free-marketeering. (“Hey, stuff happens. No pain, no gain. Caveat emptor, don’t you know…”) We haven’t heard much about…

As we contemplate the fact that Republicans are arguing for the largest U.S. government interference in the free markets in our nation’s history–a bailout just shy of being equal to the entire US debt when Ronald Reagan became President–Democrats MUST speak out on this issue and challenge Republicans on their hypocrisy, failed economic programs, and…
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