Budget

Supercommittee SuperFAIL: Raise Your Hand If You Didn't See That Coming?

Image by Hans Gerwitz via Wylio (http://bit.ly/uTsCDz)

Image by Hans Gerwitz via Wylio (http://bit.ly/uTsCDz)

A special congressional supercommittee acknowledged failure Monday in efforts to cut the federal deficit by at least $1.2 trillion. The panel’s failure was announced in a joint statement issued in late afternoon after the close of U.S. stock markets, which plunged during the day.

Economic Justice for All

Economic Justice For All

Economic Justice For All

It’s worth remembering that in 1986, 25 years ago, the bishops at their annual meeting approved a pastoral letter on the economy, “Economic Justice for All.” It was, and still is, a powerful statement of Catholic social teaching on the “important social and moral questions for each of us and for society as a whole” that are raised by our economic life. It’s a letter that the entire church, Catholic or not, should read and affirm.

In an opening section, “Why we write,” the bishops ground their letter:  “The life and words of Jesus and the teaching of [God's] Church call us to serve those in need and to work actively for social and economic justice. As a community of believers, we know that our faith is tested by the quality of justice among us, that we can best measure our life together by how the poor and the vulnerable are treated.”

One Reason the U.S. Must Continue Funding Foreign Aid

"For every 5 percent drop in income growth in a developing country, the likelihood of violent conflict or war within the next year increases by 10 percent. Poverty-focused development assistance supports economic growth, protects vulnerable people, and helps curtail desperation that may lead to violence" (Bread for the World).

On Wednesday, the Senate will vote on the budget for foreign aid. Should the proposed cuts occur, it would prove disastrous for the rest of the world, potentially leaving millions without food, education, and livelihood.

Please, contact your Senators today and tell them to continue funding poverty-focused development assistance.

News: Morning Quick Links

Social justice index: USA No. 27 of 31. Democrats in Congress attempt to eat on $4.50 a day to protest potential budget cuts. Republicans shift focus from jobs to God. OpEd: Obama, the G20 and the 99 percent. In Congress, the rich get richer. The Shadow Superpower. And the U.S. sues South Carolina over immigration law.

News: Quick Links

Baby steppin': Economy grew 2.5 percent in the third quarter. Democrats first offer: $3 trillion for debt. Immigration is a faith issue. Harsh rhetoric to derail the GOP? The canon of St. Paul's Cathedral in London resigns over plans to evict Occupy London protesters. Elizabeth Warren and the #OccupyWallStreet election test.

Watching Democracy Happen

When some of these local young people heard about my event, and asked the church if they attend, the church graciously gave them free tickets. Apparently, the word spread and a big crowd of protesters descended on the already large audience. It soon became clear that Occupy Grand Rapids was in the house as they enthusiastically participated in the discussion, offering very civil, but also very challenging questions.

After the program ended, the young Occupy Grand Rapids activists asked if I would spend some time with them, to which I quickly agreed. But they also asked the Mayor to stay, and bravely, he also accepted - a decision I thought was in keeping with what a responsive democracy should look like.

News: Quick Links 2

The high cost of anti-immigration laws. Why candidates' faith matters. ABC News' exclusive interview with President Obama. U.S. Hispanics choosing churches outside Catholicism. Three U.S. Congressmen tour the Canadian tar sands. Who are the death penalty's most ardent supporters? Investors worth a collective $20 trillion (with a T!) call for urgent action on climate change. And God's economy.

Afternoon Links of Awesomeness

For those about to rock-upy, Ben & Jerry salute you! Jesus-ween? Mobama sets her sights on jumping-jack record. And then they came for Grover... Scottish golfer wins his own weight in ham. (What? No haggis?) FoxNews unaired #OccupyWallStreet interview: Fair and (un)Balanced? Jobs memorialized in MacBook parts. Video game lets you try to balance your budget on a poverty income. Feist wows with new album "Metals." And some smarty-pants greetings for this Columbus Day.
columbus2

WARNING: No Compassion. Proceed with Caution.

Visit msnbc.com for breaking news, world news, and news about the economy

Where is the compassion in our economy and our politics? It says much of the economic system that Sojourners even needs to campaign for a "moral budget." How do we, as Christians, challenge structures that allow billions of dollars to be wasted via tax loopholes while 1 in 6 Americans live in poverty?

Will we, as Sachs hopes,

Did Someone Say "Class Warfare"?

When President Barack Obama laid out his deficit plan Monday, he wasn't just trying to sell a policy. When he pressed for tax hikes on the rich and announced, "This is not class warfare," he was trying to exorcise a demon that has bedeviled the Democratic Party for decades and in the process deprive the Republicans of one of their trustiest weapons. The reaction from the right was swift and sure: "Class warfare!"

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