September 17, 2014

An Eastern Orthodox Case for Property Rights

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Fr. Jensen: ...[P]roperty rights are not a panacea – protecting and enhancing private ownership will not cure all that ails us personally or socially. Nor can we separate the exercise of our right to property from the moral law or, for Christians, the Gospel. But Orthodox social thought does I think allow us to make a convincing case that property rights are a key element of human … [Read more...]

Has Europe Lost Its Soul?

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"The religious roots of the market economy and of democratic capitalism...were produced by a culture saturated in the values of the Judaeo-Christian heritage, and market economics was originally intended to advance those values." "When Europe recovers its soul, it will recover its wealth-creating energies. But first it must remember: humanity was not created to serve markets. Markets were … [Read more...]

John Couretas: National Council of Churches ‘Balancing the Budget on the Backs of the Poor’?

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Source: Acton Power Blog | John C. Couretas A “budget is a moral document,” right? The Institute on Religion & Democracy reports that following the loss of a major donor, the National Council of Churches (NCC) finds itself “closer than ever before to the precipice” of financial collapse. The progressive/liberal church coalition, comprised largely of mainline Protestant and Orthodox … [Read more...]

Fr. Gregory Jensen: Time to End Clergy Tax Breaks?

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Source: Acton Institute | Fr. Gregory Jensen Unless you are a member of the clergy or involved with the finances of a church or temple, you probably don’t know that since 1921 the federal government has subsidized a congregation’s remuneration of its pastor.  This happens through the extension of a housing or “parsonage allowance” that makes it possible for an … [Read more...]

Chris Banescu: Bishop Savas is Wrong on Taxes on the Poor and the Rich

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Chris Banescu corrects some bad math and sloppy assertions. Source: A Voice in the Wilderness | Chris Banescu Bishop Savas (Zembillas), GOA’s Director of the Office of Church and Society, has launched into yet another missive against conservatives whom he frequently condemns of hating the poor and only protecting the rich. On his facebook page, the main venue where one can find … [Read more...]

John Couretas: Protect the Poor, Not Poverty Programs

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Source: Acton Institute | By John Couretas One of the disturbing aspects of the liberal/progressive faith campaign known as the Circle of Protection is that its organizers have such little regard – indeed are blind to -- the innate freedom of the human person. Their campaign, which has published “A Statement on Why We Need to Protect Programs for the Poor,” equates the welfare of the “least … [Read more...]

Jesse S. Cone: Fr. Leonid’s Culture War

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Jesse S. Cone provides a compelling critique below of Fr. Leonid Kishkovsky's signing of Jim Wallis' "Circle of Protection" proclamation. The document was crafted by Wallis and signed mostly by left-leaning Christians ostensibly to protect the poor from draconian budget cuts. Wallis is a 1960's style liberal who still believes that government has the resources and tools to eradicate vexing … [Read more...]

Fr. Peter-Michael Preble: A Christian Response to the Ongoing Enslavement of America’s Poor

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Source: Huffington Post | Fr. Peter-Michael Preble Yesterday, President Obama signed a law that will raise the debt ceiling and continue to enslave the American people for another three or four years. It has reduced the national debit some but it seems to me at least that it has not gone far enough. Just so you know, your share of the national debit is about $42,500. It seems to me that the era … [Read more...]

Rev. Robert J. Sirico: The Church as the Bride of Caesar

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Rev. Robert J. Sirico, president of the Acton Institute criticizes Rev. Jim Wallis, the founder of Sojourner's Magazine. Wallis, the "self-appointed chaplain to the Democratic National Committee" as Sirico calls him, was recently revealed to be taking money from George Soros, a charge he denied at first but was finally forced to confirm as more proof was offered. Sirico correctly critiques Wallis … [Read more...]

Religion and Economics: A Review of AEI’s Common Sense Concept Series

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Over the last several years I find myself more and more being drawn more into conversation about religion—specifically, Orthodox Christianity—and economics. Originally, my interest in the economic side of the conversation was minimal.  Embarrassing though it is to say now, I only took one economics class in college and while I got a “B” I was an indifferent student of the subject. Thanks to … [Read more...]

Charting the Course to $7 Gas

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I'm not an economist but the the essay below makes a lot of sense. The author, J. Kevin Meaders, says this is the cycle we are in: The Fed has tripled the money supply and reduced interest rates to zero. A stronger economy is trying to get off the ground but can't because all the newly created money is being retained by the banks in reserve. Eventually the banks will start lending … [Read more...]

“Orthodox background leaves Bulgaria and Romania at the tail of EU” – Social Scientist [VIDEO]

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Source: Prime Time Russia Doctor Joachim Zweynert, from the Hamburg Institute of International Economics, spoke to RT about the transition performance of Bulgaria and Romania in relation to the issue of EU conditionality. “When the transition process started in the early 1990s, people, and especially social scientists, expected the countries in the region would quickly turn into … [Read more...]