{"id":161,"date":"2008-09-25T14:43:02","date_gmt":"2008-09-25T14:43:02","guid":{"rendered":"http:\/\/blog.beliefnet.com\/progressiverevival\/2008\/09\/wall-street-repent.html"},"modified":"2008-09-25T14:43:02","modified_gmt":"2008-09-25T14:43:02","slug":"wall-street-repent","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html","title":{"rendered":"Wall Street &#8211; Repent!"},"content":{"rendered":"<p><!--StartFragment--><\/p>\n<p class=\"MsoNormal\">\n<p style=\"margin: 0.0px 0.0px 0.0px 0.0px;font: 12.0px Helvetica\"><img decoding=\"async\" src=\"https:\/\/\/\/DAB65C89-CE31-4A65-BABB-7E54876E3763\/repent_dollar.gif\" alt=\"repent_dollar.gif\" \/><\/p>\n<\/p>\n<p class=\"MsoNormal\"><a href=\"http:\/\/money.cnn.com\/2008\/09\/25\/news\/economy\/deal_reached\/index.htm?postversion=2008092513\">Apparently we have a deal<\/a> to bail out Wall Street using 700<br \/>\nBillion dollars of tax payer&#8217;s money to ensure that we same tax payers don&#8217;t<br \/>\nsuffer an even more severe downturn. <span>\u00a0<\/span>The frustrating thing for most of us following the financial news<br \/>\nover the past week is that we don&#8217;t really understand the economic principles<br \/>\nat work that made and make the situation so dangerous.<span>\u00a0As CNN&#8217;s Campbell Brown indicates in her recent commentary we\u00a0<\/span><a href=\"http:\/\/www.cnn.com\/2008\/POLITICS\/09\/25\/campbell.brown.financialcrisis\/index.html\">basically have to trust that the<br \/>\nvery people who watched while things got broke will be wiser when they put<br \/>\nthings back together.<\/a><\/p>\n<p class=\"MsoNormal\">Listening to President Bush, Paulson and Bernanke explain<br \/>\nall of this is akin to hearing someone talking about a natural disaster.<span>\u00a0 <\/span>This happened, it is horrible, and if<br \/>\nwe don&#8217;t fix it the world will spiral downward and out of control. <span>\u00a0\u00a0<\/span>So, please, send us your money or<br \/>\nmore people will suffer.<span>\u00a0<\/span><\/p>\n<p class=\"MsoNormal\">Well, I don&#8217;t know a lot about economics, but I do know that<br \/>\nthis wasn&#8217;t a natural disaster; this wasn&#8217;t an act of God that created the<br \/>\nfinancial crisis that we are apparently in &#8211; it was acts against God.<span>\u00a0 <\/span>It was the sin of greed and excess and<br \/>\nworshiping at Mammon&#8217;s feet by some careless, guilty and very rich souls that<br \/>\ngot us here.<span>\u00a0\u00a0 <\/span>While I can&#8217;t<br \/>\nsay exactly what I want to have happen on the economic front, I can say on the<br \/>\nspiritual side that I WANT TO SEE SOME REPENTENCE AND ATONEMENT!<span>\u00a0<\/span><\/p>\n<p class=\"MsoNormal\">I have not heard one person or financial group stand up and<br \/>\nsay that they are sorry that they broke the public&#8217;s trust and personally<br \/>\nacknowledge that their short sightedness and greed caused this collapse.<span>\u00a0 <\/span><span>\u00a0<\/span>It is a spiritual tenet of my faith that until you have repentance<br \/>\nand atonement, that you cannot have forgiveness and reconciliation.<span>\u00a0 <\/span><span>\u00a0Wall Street &#8211; t<\/span>he American people are waiting.<span>\u00a0\u00a0<\/span><\/p>\n<p><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apparently we have a deal to bail out Wall Street using 700 Billion dollars of tax payer&#8217;s money to ensure that we same tax payers don&#8217;t suffer an even more severe downturn. \u00a0The frustrating thing for most of us following the financial news over the past week is that we don&#8217;t really understand the economic&hellip;<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-161","post","type-post","status-publish","format-standard","hentry","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wall Street - Repent! - Progressive Revival<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wall Street - Repent! - Progressive Revival\" \/>\n<meta property=\"og:description\" content=\"Apparently we have a deal to bail out Wall Street using 700 Billion dollars of tax payer&#8217;s money to ensure that we same tax payers don&#8217;t suffer an even more severe downturn. \u00a0The frustrating thing for most of us following the financial news over the past week is that we don&#8217;t really understand the economic&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html\" \/>\n<meta property=\"og:site_name\" content=\"Progressive Revival\" \/>\n<meta property=\"article:published_time\" content=\"2008-09-25T14:43:02+00:00\" \/>\n<meta name=\"author\" content=\"Paul Raushenbush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wall Street - Repent! - Progressive Revival","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html","og_locale":"en_US","og_type":"article","og_title":"Wall Street - Repent! - Progressive Revival","og_description":"Apparently we have a deal to bail out Wall Street using 700 Billion dollars of tax payer&#8217;s money to ensure that we same tax payers don&#8217;t suffer an even more severe downturn. \u00a0The frustrating thing for most of us following the financial news over the past week is that we don&#8217;t really understand the economic&hellip;","og_url":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html","og_site_name":"Progressive Revival","article_published_time":"2008-09-25T14:43:02+00:00","author":"Paul Raushenbush","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html","url":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html","name":"Wall Street - Repent! - Progressive Revival","isPartOf":{"@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/#website"},"datePublished":"2008-09-25T14:43:02+00:00","dateModified":"2008-09-25T14:43:02+00:00","author":{"@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/#\/schema\/person\/79cf4745abafd37be8b44cd0493ca805"},"breadcrumb":{"@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2008\/09\/wall-street-repent.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival"},{"@type":"ListItem","position":2,"name":"Wall Street &#8211; Repent!"}]},{"@type":"WebSite","@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/#website","url":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/","name":"Progressive Revival","description":"Politics from the New Religious Progressives","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/#\/schema\/person\/79cf4745abafd37be8b44cd0493ca805","name":"Paul Raushenbush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/#\/schema\/person\/image\/","url":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-content\/wphb-cache\/gravatar\/8a4\/8a469b4689362184dbcd8bfb43296365x96.jpg","contentUrl":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-content\/wphb-cache\/gravatar\/8a4\/8a469b4689362184dbcd8bfb43296365x96.jpg","caption":"Paul Raushenbush"},"description":"Rev. Paul B. Raushenbush is the moderator of the Progressive Revival blog and the Associate Dean of Religious Life at Princeton University. .An ordained American Baptist minister, Rev. Raushenbush speaks and preaches at colleges, churches and institutes around the country including the College of Preachers at the National Cathedral in Washington D.C., The Chautauqua Institute in upstate New York, and the New America Foundation. Rev. Raushenbush has served at Seattle First Baptist Church, the Presbyterian Chaplaincy at Columbia University and as College and Young Adult Minister at The Riverside Church in New York City. He has appeared on ABC World News Tonight and is a repeated guest on CNN. He has been quoted in The New York Times and The Washington Post and is a contributing editor for Beliefnet.com. His first book, Teen Spirit: One World, Many Faiths (HCI) was released in the Fall of 2004. He is the editor of the 100th Anniversary edition of Walter Rauschenbusch\u00e2\u20ac\u2122s book Christianity and the Social Crisis \u00e2\u20ac\u201c In the 21st Century (HarperOne). His work at Princeton includes strengthening the interfaith community on campus. He is the Co-Director of the Program on Religion, Diplomacy and International Relations at The Liechtenstein Institute on Self Determination at Princeton University. Rev. Raushenbush studied religion at Macalester College before attending Union Theological Seminary in New York City where he graduated with distinction.","url":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/author\/praushenbush"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/posts\/161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/comments?post=161"}],"version-history":[{"count":0,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/posts\/161\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/media?parent=161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/categories?post=161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/tags?post=161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}