OMB Watch reports that the lame-duck Senate may move forward on a bill that could hamstring the SEC as it works to fight fraud and implement financial regulatory reform, tying up the agency in needless red tape and lawsuits:
A pending anti-regulatory bill that targets independent regulatory agencies would significantly curtail the Securities and Exchange Commission's (SEC) ability to protect investors from financial fraud and other economic hazards. The Independent Agency Regulatory Analysis Act of 2012 (S. 3468) would require independent agencies to conduct formal cost-benefit analyses for all significant rules and would allow the Office of Information and Regulatory Affairs (OIRA) to review those analyses. This would cause lengthy delays in implementing the financial oversight contained in the Dodd-Frank law. The Senate Committee on Homeland Security and Governmental Affairs (HSGAC), chaired by Sen. Joe Lieberman (I-CT), may mark up this bill during Congress’ upcoming lame-duck session, even though no hearings have been held on the bill.
The bill would also hamper the essential work of the FDIC, the Commodities Futures Trading Commission, and other government watchdog agencies.
Elizabeth Palmberg is an associate editor of Sojourners and tweets @ZabPalmberg.
The day after the 2012 election brought a great feeling of relief. Most of us, whether our candidates won or lost, were so weary of what elections have become that we were just glad the process was over. Many were disappointed that dysfunctional and bitterly partisan politics in Washington, D.C., had undermined their deep desires for “hope” and “change.” Politics has severely constrained those possibilities by focusing on blame instead of solutions, and winning instead of governing. And, as the most expensive election in American history just showed, the checks have replaced all the balances.
But the election results produced neither the salvation nor the damnation of the country, as some of the pundits on both sides seemed to suggest.
The results of the presidential election showed how dramatically a very diverse America is changing; people are longing for a vision of the common good that includes everyone. As one commentator put it “the demographic time bomb” has now been set off in American politics — and getting mostly white, male, and older voters is no longer enough to win elections, as the Romney campaign learned on Tuesday.
Abraham Lincoln was a storyteller, so it’s fitting that his story has been hashed out on the silver screen — without vampires.
And to say that it simply was “hashed out” would be an injustice to director Stephen Spielberg and everyone who contributed to Lincoln, a film that will be remembered as much for its beauty as the iconic character from which it gets its name.
I’m not going to lie (pun intended), even though Lincoln is one of the most important figures in American history, I was hesitant about seeing a movie with the potential to be a two-and-a-half hour history class.
But I was more than pleasantly surprised.
Despite its length, the film drew me in and held my attention — even as a millennial growing up with the Internet, which I’m convinced has significantly chipped away at the already small attention span I have.
Over the past four years I have had the opportunity to spend a significant amount time in the Middle East. I no longer approach the time as a tourist, but instead seek out relationships and experiences as a listener who has much to learn about the way God is at work in contexts much different than my own. In that posture, it has been remarkable how much I have learned and begun to integrate into the way I live, love and lead back in my neighborhood. Theologian Paul Knitter describes it well when he refers to ones inherited worldview as a telescope.
"No matter how objective we may think we are or desire to be, we all see the world through a specific telescope/worldview. When we choose to look through the telescope of people who are “different” than us, we begin to get a more comprehensive picture of the world and the way God is at work within it."
Leading our first Learning Community to the Middle East apart of The Global Immersion Project I recently co-founded, I was invited to take a look through the lens of friends’ telescopes who live amid conflict in Israel and Palestine. Here are some of my key learnings:
Mitt Romney failed in his bid to win the White House back for Republicans, but the biggest losers in Tuesday’s voting may be Christian conservatives who put everything they had into denying President Barack Obama a second term and battling other threats to their agenda.
Instead of the promised victories, the religious right encountered defeat at almost every turn. Not only did Obama win convincingly, but Democrats held onto the Senate – and the power to confirm judges – and Wisconsin elected the nation’s first openly gay senator, Tammy Baldwin.
Meanwhile, Republican senate candidates Todd Akin and Richard Mourdock went down to unanticipated defeat in large part because of their strongly anti-abortion views, and an effort in Florida to restrict abortion failed. For the first time ever, same-sex marriage proponents won on ballots in four out of four states, while marijuana for recreational use was legalized in two out of three states where the question was on the ballot.
Even Michele Bachmann, an icon among Christian conservatives, barely held onto her House seat in Minnesota while Tea Party favorite Allen West lost his congressional district in Florida.
“Evangelical Christians must see the 2012 election as a catastrophe for crucial moral concerns,” R. Albert Mohler, Jr., president of The Southern Baptist Theological Seminary, wrote in a sobering post-mortem.
Following the creation of my first five articles in this ongoing series about Christian cliches (links below), I was alerted to the fact that my lists were notably absent of particular cliches often employed by emergent Christians. While the emergent Christians are endeavoring to re-imagine the way we engage faith, one another and the world differently, the movement still is dependent on human beings. As such, we tend to screw it up.
So in the spirit of fairness, I offer you a list of things emergent Christians can and should strike from our daily lexicon …
A really expensive letter that John Lennon wrote to Eric Clapton, a terracotta pot that doubles as a grill, a Sufjan cover of "The Star Spangled Banner," the first ever Bob Dylan Facebook status update, a record player that plays paper, and a tiny kitty getting blow dried in slow motion. Woah.