economic crisis

Anna Hall 10-17-2013
Photo via WUSA9's Bruce Leshan on Twitter, @BruceLeshan

Photo via WUSA9's Bruce Leshan on Twitter, @BruceLeshan

When I began to read, I started by going through the Psalms. An elderly gentleman paused to listen, and then requested if I could read aloud his favorite, Psalm 91. As I read it, he also began to softly quote the verses by heart, praising God and saying “hallelujah” before thanking me and walking on.

Later, a local pastor from the District Church in Colombia Heights came to read. We met a couple visiting from Louisiana. The wife was a furloughed federal employee with Immigration and Customs Enforcement. It was interesting to hear her point of view working first-hand with immigrants in a deportation capacity. She said as a Christian, it is sometimes very difficult to find a balance between desiring to deport violent criminals, and also wanting to keep hardworking, law-abiding immigrant families together. She and her husband thanked all who were participating in the Faithful Filibuster for keeping Christ present during the government shutdown.

As the next speaker from Salvation Army was reading, several teens participating in a rally at the Supreme Court came to ask about what we were doing. After explaining the filibuster’s mission, a young boy thanked us, shook hands, and said “God bless you.”

Jim Wallis 10-11-2013
Photo and illustration by Brandon Hook  / Sojourners

Jim Wallis at the Faithful Filibuster. Photo and illustration by Brandon Hook / Sojourners

Editor's Note: Not in D.C., but want to join in the #FaithfulFilibuster? Click HERE to make your voice heard, and spread the word on Facebook by sharing HERE.

On our way over to the Capitol, I re-read the story of the Tower of Babel in Genesis 11. I was struck by the phrase of those building the tall tower "we'll become famous." That sounded a lot like lawmakers and politicians in Washington — it seems that they all want to become famous. In the story, the people were confounded by speaking different languages and their words went past each other. The words of the politicians and pundits are going past each other and their words are not really meant to be understood. They're not meant to find solutions or common ground. These are words that are meant to fight. To win. To defeat. Even, it seems, to foster hate.

The words we're hearing are of politics and punditry, meant to divide and not to unite. The words coming from the top have consequences for those at the bottom. And like Babel, these words are just babble.

We're hearing lots of babble at the Capitol, but across the street, we're trying to hear the word of God — what God says about the people, families, and children who will suffer the most because of Washington's babble. These words aren't just directed to churches and charities about what we should do with the poor. They're about the obligations of kings, rulers, and government to protect the poor.

Beau Underwood 10-08-2013
Debt crisis illustration, mikeledray /

Debt crisis illustration, mikeledray /

The world as we know it may end on Oct. 17.

This statement seems hyperbolic. It sounds like another absurd prediction of the end times that garners far too much attention from the media. But this isn’t about the fulfillment of biblical prophecy. Unless the Congress raises the debt ceiling, Oct.17 is the date that the United States government runs out of money to pay its bills.

The consequences could be catastrophic.

Defaulting on our financial obligations would shatter the global confidence in the U.S. dollar that has made it the worldwide reserve currency. U.S. Treasury bonds would no longer be perceived as safe investments, which means creditors would demand higher interest rates to purchase the bonds because of the increased investment risk. The rise in interest rates would make U.S. debt more expensive to finance, leading to more government spending and slower economic growth. The U.S. Treasury believes a default could cause another recession far worse than what we experienced in 2008.

Of course, this pending crisis is completely manufactured and entirely avoidable.

the Web Editors 09-07-2012

Sister Simone Campbell, executive director of NETWERK, a Catholic social justice group, shares her perspective on the financial challenges facing the nation — and the conversation we should be having.

Via Odyssey Newtorks.

Danny Duncan Collum 06-01-2012

Springsteen sings what politicians won't say: We were robbed and the thieves have escaped justice.

Gareth Higgins 01-01-2012

Roland Emmerich is known for making the kind of disaster movies that fans of quality filmmaking love to hate.

Duane Shank 11-18-2011
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.”

Jim Wallis 11-03-2011

People of faith -- including evangelical Christians -- will be voting both ways in the upcoming election. It is simply not true that they will be voting only on one or two issues.

And, if evangelicals focus on many of the issues central to their faith, rather than becoming partisan cheerleaders, they might be able to raise some critical issues in this election and to hold both sides more accountable, even in a campaign that both Richard and I suspect will be one of the ugliest in U.S. history.

At the end of the evening, Amy remarked that if the upcoming election debates were as civil and substantive as this evening was, we would all be very grateful.

Michael Nagler 08-12-2011

On Monday the Dow Jones industrial average fell 634.76 points; the sixth-worst point decline for the Dow in the last 112 years and the worst drop since December 2008. Every stock in the Standard and Poor's 500 index declined.

It is easy to blame bipartisan bickering for the impasse that led to Standard and Poor's downgrading of the American debt, and in turn the vertiginous fall of the Dow. This bickering -- this substitution of ideology for reason, of egotism for compassion and responsibility on the part of lawmakers -- is a national disgrace; but while it failed to fix the problem, we must realize that it did not cause it. The cause -- and potential for a significant renewal -- lies much deeper.

So let's allow ourselves to ask a fundamental question: what's an economy for?

Troy Jackson 05-31-2011
This has been a difficult year in Ohio.
Theresa Cho 05-06-2011

Near the cross of Jesus stood his mother, his mother's sister, Mary the wife of Clopas, and Mary Magdalene. When Jesus saw his mother there, and the disciple whom he loved standing nearby, he said to her, "Woman, here is your son," and to the disciple, "Here is your mother." (John 19:24-27)

Mother's Day is always fun when the kids are young -- the homemade crafts, the valiant efforts of breakfast making, and the conscientious attention a mother receives in contrast to the usual "being taken for granted" and "aww mom, do I have to" gestures. My son is a sweet boy -- caring, empathetic, and a rule follower. When I was pregnant with him, it was as if this little organism had invaded my whole body. I felt pregnant from head to toe -- migraines, severe morning sickness, bloody noses, swelled feet, strong cravings for watermelon, and oh yeah ... my favorite: constipation. Sorry if that is sharing too much, but like I said, I was literally pregnant from head to toe.

Jim Wallis 04-20-2011

[Editors' note: During the season of Lent we will be posting excerpts from the Rediscovering Values Lenten Study Guide. We invite you to study God's word with us through these posts.]

Lisa Sharon Harper 04-12-2011
I've been fasting for 15 days in solidarity with the hung
Jim Wallis 03-29-2011

[Editors' note: During the season of Lent we will be posting excerpts from the Rediscovering Values Lenten Study Guide. We invite you to study God's word with us through these posts.]

Noel Castellanos 03-10-2011
"Religion that is pure and undefiled before God, the [Lord], is this: to care for orphans and widows in their distress, and to keep oneself unstained by the world." (James 1:27)
Jim Wallis 03-04-2011

I like teachers. My three sisters are teachers in the public schools. They are all very good teachers; Teri won teacher of the year in her district. Two of my wonderful brother-in-laws are, or have been, teachers. One of my nephews just got accepted to Teach for America.

Jim Wallis 02-24-2011
The current budget and deficit debate in America is now dominating the daily headlines. There is even talk of shutting down the government if the budget-cutters don't get their way.
Jim Wallis 02-17-2011
Congress is working on the federal budget for the rest of the fiscal year 2011.
Jim Wallis 01-31-2011
The contradictions here in Davos are enormous.
Jim Wallis 01-27-2011
Yesterday was the first day of the World Economic Forum in Davos, a little mountain village in Switzerland, where each January corporate CEOs, heads of state, and leaders of nonprofit organizations