The Glass-Steagall Act

The Glass Steagall Act was designed to protect us from the greed of bankers through regulation. It was passed in the 1930's as a result of the major stock and banking collapse to regulate the financial industry and dismantled later at the prompting of banking lobbyists to allow the kind of activity that lead to our recent financial collapse. Instead of rules to protect the economy, bankers expect to be bailed out when there speculation goes awry. This is a link to apetition asking for The Glass Steagall Act to be reinstated. http://signon.org/sign/reinstate-the-glass-steagall-5?source=s.em.cr&r_by=1682043&mailing_id=5614

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America Magazine Benedict XVI weighs in on "Redistribution"

Paul Ryan should perhaps look at the writings of Benedict and other recent popes on redistribution. they are most definitely teaching redistribution to help the poor, as this America article attests. America Magazine Benedict XVI weighs in on "Redistribution" : 'via Blog this'

Wither Goes the Corn?

One of the most under played news stories in the national media right now is the potential impact of the mid-western drought on food security in the United States. According to Forbes 75% of food on supermarket shelves has corn in it. Having already destroyed, stunted or delayed much of the corn crop, the heat is now working it's way on the soybean crop. The Agriculture Dept conservative estimate is that food prices will rise by 3-4% this year as a result. However this is based on the current, incomplete assessment of the drought's impact on corn and other crops.This drought is a new phenomenon-- a global warming drought based on fundamental alteration of weather patterns. Already about one quarter of the country is in severe drought. Other estimates of potential price impacts range as high as 15% and the latent fear that eventually, for a time, the U.S. may become a net importer of food may play havoc with the crop futures market. Food inflation ...

Just War and Just a War

One of the thorniest problems man face is when, if every is war justified. The bible says there is a time for war and a time for peace, but that could be just a bow to the inevitability of war in the fallen world. If also says that they will beat there swords into plough shares and study war no more. Dorothy Day, Peter Maurin, William Miller and other Catholic Workers often ascribed to pacifism or near total pacifism face with the near impossibility of every untangling the moral consequences of violence from the ends desired in undertaking it. But St. Augustine, faced with a world where Christians were starting to replace pagans as political leaders and Christians we soldiers in obedience to the leaders tried to come up with criteria by which war could be measured. Augustine knew that the Gospel question on it was complex. One the one hand Jesus told people to turn the other cheek and also told Peter to put away his sword and not defe...

Roomin' House Blues

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