Skip to content

Amazing but true: a Church does a good thing (of course not here in America)

This should prove, or nothing can, that I will indeed be highlighting, at least once a week, some good news, no matter what the source. For this week, not only am I pointing out something good, but the good thing I am highlighting is actually being done by, of all things, a religious organization. Well, I guess the Anglican Church counts as a religious organization. It’s sort of the Catholic Church, without the guilt. Anyway, here’s the good news, and it really is a good thing:

Payday lenders like Wonga, Speedy Cash and Quick Quid are increasingly lending small sums of money for a few days or weeks at interest rates that, when extrapolated onto a full year, can exceed 5,000 percent. Welby calls the practice “sinful” and “immoral.”

But unlike German reformer Martin Luther, who wanted to see all usurers sent to the gallows, Welby preaches solutions from within the system. In a meeting in late July with the head of one of the money-lending companies, Errol Damelin of Wonga, Welby reportedly said: “We’re trying to compete you out of existence.”

It’s the kind of language that is understood in the financial world of London. Some 2,000 years after Jesus drove moneychangers and lenders out of the temple, Bishop Welby is inviting them back in. The Church of England, says Welby, has “16,000 branches in 9,000 communities,” which he wants to open up to credit unions so that they can issue short-term loans to the needy at far more moderate interest rates.

(via SPIEGEL ONLINE)

Welby is the Archbishop of Canterbury, and as the article points out, his strategy might not work, since if the loans are made through credit unions they might not be made as quickly as the loan sharks are able to make them. But nonetheless, it’s actually a concrete way of helping people. This reminds me of an idea that got re-floated, so to speak, a while back that’s gone nowhere, even though it has worked well in North Dakota for about a century: state owned banks. The idea here is not to compete private banks out of existence, but to provide a check on their excesses. If people have a place to park their money where they get a reasonable return and reasonable fees they will use that service, and the banks will either have to do the same, or retreat from providing insured banking services and stick to organized crime.

So, anyway, good for the Church of England. This is the first time in a long time that I’ve heard about a Christian Church actually doing something of which Christ might actually have approved. It may not work, but at least they’re trying.

Musings from the Green Mountain State

First off, an apology to any miserable creature out there who needs a daily fix of CTBlue, should any such creature there be. Friday we made our annual pilgrimage to the beautiful state of Vermont, and blogging will be sparse, sporadic and, perhaps, non-political for the duration of our vacation.

Speaking of blogging, I have felt that my performance has not been up to snuff recently, and I think Paul Krugman may have put his finger on the problem today. As he note, there is one overriding issue in this country at the moment, at once the source of all our problems and the impediment to solving any of them, but there’s only so much you can say about the GOP.

In the short run the point is that Republican leaders are about to reap the whirlwind, because they haven’t had the courage to tell the base that Obamacare is here to stay, that the sequester is in fact intolerable, and that in general they have at least for now lost the war over the shape of American society. As a result, we’re looking at many drama-filled months, with a high probability of government shutdowns and even debt defaults.

Over the longer run the point is that one of America’s two major political parties has basically gone off the deep end; policy content aside, a sane party doesn’t hold dozens of votes declaring its intention to repeal a law that everyone knows will stay on the books regardless. And since that party continues to hold substantial blocking power, we are looking at a country that’s increasingly ungovernable.

The trouble is that it’s hard to give this issue anything like the amount of coverage it deserves on substantive grounds without repeating oneself. So I do try to mix it up. But neither you nor I should forget that the madness of the GOP is the central issue of our time.

(via Chaos Looms – NYTimes.com)

So true. How many different ways are there to express outrage at the Republican Party and its media enablers, who treat its dysfunctions as if they were all normal behavior?

But as I started out saying, this isn’t my problem for a while. Right now I’m enjoying absolutely wonderful (if bizarre-sunshine one minute, rain the next, but nice and cool throughout) weather here in the Green Mountains.

So, here’s a few pictures. This is in Plymouth, a stone’s throw from the former home of one of the worst presidents ever (don’t worry George, he wasn’t anywhere near as bad as you), Calvin Coolidge. We weren’t there to honor Cal, we were there for a free breakfast, courtesy of the inn we stayed at Friday night.

20130804-213531.jpg

Today we paid a visit to the Vermont Museum of Mining and Minerals in Grafton, VT., a one room affair maintained by a dedicated rock fanatic. (Not talking about music here, we’re talking rocks). I don’t know the story behind this sculpture, but I thought it was sort of neat.

20130804-213708.jpg

Yesterday, also, we stopped at an incredible roadside eatery called Chef Brad’s Crazy Side Diner, great food at great prices.

20130804-214040.jpg

While we waited for four food to be cooked we stepped around the food truck and made this fellow’s acquaintance:

20130804-214157.jpg

Good News

As promised, another edition of good news, leaving me free to let negativity pull me through for the rest of the week. This week we really do have good news:

This should go a long way toward dissuading White House advisers that President Obama should nominate Larry Summers to be the next chairman of the Federal Reserve Board.

“Given the level of opposition to Larry Summers within our caucus, confirming him would be a huge challenge and probably a pretty ugly process,” a Senate Democratic leadership aide tells TPM.

For the past week or so, news reports have caused Fed watchers and progressives to conclude that Summers had become the leading contender to replace Ben Bernanke, surpassing Fed vice chair Janet Yellen, who had been the odds-on favorite for months.

This concern was bolstered by a public relations push by Summers allies, though the White House’s official position is that Obama has made no decision, a decision was never imminent, and won’t be coming until the fall.

(via TPMDC)

Not only is it good news that Summers may never be nominated, it is great news that for once Senate Democrats are doing the right thing.

If you have any questions about this being good news, do a bit of poking around on progressive economics blogs. You can start here.

You’re the Pope, that’s who you are!

As I’ve mentioned many times in the past, I earned an advanced degree in theology (one true Church variety) from the good nuns and who-knows-whether-they-were good-or-bad priests at Our Lady of Sorrows (yes, you read that right) grammar school in Hartford, Connecticut. I have on several occasions, opined on Church doctrine, and have on at least two occasions explicated the doctrine of Papal Infallibility. I last alluded to the doctrine, and my take on it here, when I took umbrage at Pope Benedict’s attempt to abolish Limbo, a post, by the way, that I enjoyed re-reading (warning: only other theologians with a Catholic grammar school theology agree will likely share my enthusiasm):

Now, some may say that I have no standing to dispute theology with the Pope. He is, after all, infallible. But as I said in yet another post (which for reasons good and true I pulled down) the Pope is only infallible while he is Pope. When Benedict is gone, some other Pope can bring Limbo back. Who knows, maybe God will inspire the Cardinals to pick me, and if He does, my first exercise in infallibility will be to arrange for Limbo’s return.

The post I removed, and I don’t remember why, explained my theory at greater length. It boiled down to this: Popes are only infallible while they are popes, once they’re gone, the next pope to come along, being every bit as infallible as the last one, can change whatever the last pope did, without in any way affecting the prior pope’s infallibility. Each pope is infallible in his own time; infallibility is a constant, while doctrine is, in the end, completely malleable. Go to hell for eating meat on Friday one day; eat beef on Friday to your heart’s content on another (Friday, that is).

The one thing even an advanced theologian like me would never have predicted was that a living pope would acknowledge this principle, even obliquely, but how wrong I was, and how disappointed I am in the present Pope, for having this to say about gay priests:

“If someone is gay and he searches for the Lord and has good will, who am I to judge?” Francis told reporters, speaking in Italian but using the English word “gay.”

I’ll tell him who he is to judge. He’s the f***in’ Pope, that’s who he is. He’s god’s appointed, who speaks on behalf of god on matters of faith and morals. It’s his job to judge, and just because he and his predecessors usually get it wrong is no excuse for him to shirk his responsibilities.

But note, that implicit in this brazen act of popely cowardice is an acknowledgment of the temporal nature of papal infallibility. For, after all, his predecessors have all judged, viciously and without hesitation or mercy (Inquisition anyone?) and were their pronouncements eternal, they would be binding on Francis. But apparently he doesn’t see it that way. By refusing to judge he has turned his back on centuries of hypocritical judgments made by his hypocritical predecessors, thus vindicating my theory.

As Stephen Colbert would say, “I accept your apology”.

Oh, and by the way, if anyone out there thinks what Francis said signals anything other than a desire to put a lid on some inside the Vatican sex scandals, think again. On matters such as this, I am infallible, and I hereby pronounce that it ain’t happening, though it would be just like the Church to lighten up on gay men while continuing the total subjugation of women.

Addendum: Since drafting the above, I’ve remembered why I took down my first infallibility post, but I’m not telling.

Who’s the most evil of them all?

Here’s an interesting question. Which is the most evil, Wal-Mart, McDonalds, or Apple?

“Apple, Walmart and McDonald’s are among the largest corporate employers and profit-makers in the U.S., with a total of 2.6 million employees worldwide (1.6 million in the U.S.) and combined 2012 pre-tax profits of more than $88 billion.

All three companies pay the majority of their employees low wages, poverty-level wages. This is borne out by SEC data and the press releases of the companies themselves. The only question is who gets away with the most profits while their employees are forced to tap into public money – our tax money – for food stamps and health care and other assistance.

Walmart: Underpaying the Most People

Walmart employs about 2.1 million workers, two-thirds of them in the United States. Its 2012 revenue is three times that of Apple, and about fifteen times that of McDonald’s. The company claims that its average full-time wage is $12.78 per hour. That’s just under $26,000 per year. (IBISWorld says Walmart pays associates $8.81 per hour).

McDonald’s: Paying the Lowest Wages

McDonald’s employs 440,000 workers worldwide, most of them food servers making the median hourly wage of $9.10 an hour or less, for a maximum of about $18,200 per year. The company’s $8 billion profit, after wages are paid, works out to the same amount: $18,200 per employee.

Apple: Making a Half-Million per Employee

Now for Apple. Like Walmart and McDonald’s, the company pays extraordinarily low wages to its store workers, an average of about $12 per hour, or $24,000 per year for a full-time employee. In-store salespeople make up about half of the total workforce.

With 80,000 worldwide employees (50,000 in the U.S.) and a 2012 profit of $55 billion ($19 billion declared in the U.S.), Apple made an astonishing $697,000 per employee in 2012 (almost $400,000 in the U.S.).

Apple, of course, more than the other two companies discussed here, has numerous high-paying positions in engineering, design, programming, marketing, etc. Reports by two independent salary trackers indicate that the overall average salary at Apple is about $50,000. Even with this much higher figure, Apple pays its U.S. employees only $1 for every $8 in profits.

(via Buzzflash)

Much as I hate to admit it, my money’s on Apple.

Joe votes right

It’s only right that we should take note of the fact that Joe Courtney voted with the good guys on the recent NSA vote. Congrats to Lon Seidman too, who keeps Joe educated on these issues.

We should also take note of the fact that the vote went down to defeat because“liberals” like Pelosi were more worried about embarrassing a President who is clearly doing the wrong thing, than they were about doing the right thing themselves.

Democracy in America

A friend sent me this graphic. Each differently colored area represents a land mass in the United States with a population equivalent to that of California. In some instances, the same number of people have thirty senators to California’s two.

20130729-162516.jpg

Now, I realize this is the result of the much vaunted and praised “Connecticut Compromise”, allegedly proposed by our very own Roger Sherman. However, I question whether the infallible Founders ever foresaw just how lopsided the Senate would become. In his better days Madison actually toyed with the idea of getting rid of them altogether.

In any event, this map shows why the racist, “religious” (hate for Jesus) and “libertarian” (free stuff for me, but not for thee) mentality has such power in Congress, despite the fact that the adherents to these philosophies represent an ever decreasing proportion of the country. While it is true that each of us Connecticut residents is worth more than one Californian (and who can argue with that), the real advantage goes to the slack jawed yokels.

Additional thought: This reminds me of the rotten boroughs that once rendered the House of Commons as unrepresentative as our modern Senate. One advantage of having an unwritten Constitution is that it’s easier to deal with anomalies like this. Our Constitution, having long since become holy writ, will never be amended to deal with our rotten Senate, because the method we use to amend the Constitution gives veto power to …guess who: the same states that benefit from the current imbalance.

Friday Night Music-Happy Birthday Mick

So, I just learned Mick Jagger turned 70 today, so I really must reprise the greatest Rock n’ Roll song ever.

Friday Night Features







So, this week I'll be combining my "good news" feature with some appropriate music, killing two birds with one stone, if you will.

First, for the good news, how about this, the development of a new, more improved method of harvesting the sun's energy:

Solar panels are becoming passé. Why put solar panels on top of building construction materials when you could just tap the power of the sun directly through the construction materials themselves?

Bloomberg reports on the rapid growth in building-integrated photovoltaics, or BIPV. These are solar power–harvesting cells that are incorporated into the walls, roofs, and windows of buildings — integrated seamlessly instead of being bolted onto a finished building as an apparent afterthought.

So, that's good, and it would be churlish of me, and totally in character, to wonder if the powers that be will find a way to make sure that it will be a very hot day in December (coming soon to a location near you) before these products are widely used.

And this is good too. I wrote before about a woman named Leslie Cohen Berlowitz, who ran the American Academy of Arts and Sciences. Ms Berlowitz ran into trouble not because the treated her underlings like dirt (which she did) but because she faked her Ph.D. The Boston Globe found her out, and we now have the good news that she's resigned. No doubt the staff is celebrating today, so we can celebrate with them. A source who should know tells me that while she's been out on leave (paid, of course) the formerly traumatized staff members have begun to do things like talk to each other. Okay, the cloud within this silver lining is that she's walking out with almost half a million dollars of benefits after having been overpaid for years, but still, let's look on the bright side, shall we?

Finally, for your musical edification, a song which tells us all to "smile". This song is apparently based on music that was played in the Chaplin movie Modern Times, so a lot of the youtube videos feature images of Charlie, along with this great rendition by Nat King Cole:

Good advice, but the music seems to be working at cross purposes to the lyrics, doesn't it? Still, a great song and fully in keeping with this feature's mission of finding some good out there at least once a week. I couldn’t, by the way, find a good version of this song with an actual video of the artist; not even Elvis’s (Costello, that is) version.


It ain’t so, Joe

I got an email recently from my esteemed Congressman defending (or at least I saw it that way) his vote on the recent Student Loan bill. First, let me say that I know Joe has worked hard on this, and I’m sure he’s disappointed with the final “bi-partisan” (fear that word) product. He voted for it, as I read the email, with the expectation that it will be fixed down the road, but that’s very unlikely, for the simple reason that bad things rarely get fixed in this country; certainly not as often as good things get destroyed. This is especially true now, when we have a Republican controlled (both end of the Capitol, when it comes down to it) Congress, and a president who, on many issues, is more Republican than Democrat. Bear in mind that this travesty of a bill was backed wholeheartedly by Obama, and, not coincidentally, it’s a big give back to Wall Street and the banks, who were temporarily discomfited by the real student loan reform we got a few years ago.

Fact is, in order for this, as well as many of the other horrendous bi-partisan bills to which we’ve been subjected, to be reversed, we, at a minimum must get a Democratic House and filibuster reform in the Senate. But the Democrats are striving mightily to blur the distinctions between the parties; the student loan sell out being a good example. You and I may know there’s still a real difference, but the Democrats have done nothing to persuade the low attention voter who keeps hearing that they’re all the same, and sees precious little to persuade him that’s not true.

Better, it seems to me, to go down fighting, as has Elizabeth Warren, then agree to give today’s students a break while guaranteeing tomorrow’s will be screwed. The government stands to make big money off the backs of tomorrow’s students and their parents should this bill remain in force (and it will).

Read the linked (Student loans tied to market rates while Wall Street Banks have a fixed 6% return from the government for the past century), for a contrast, which of course involves banks.

So, I think Joe made a mistake. The chances of this bill being repealed or reformed in the near future are probably nil. These folks want us to believe we can’t perform highly skilled jobs, and then do their best to prevent us from getting the education we need to do them. To the Republicans this is a virtue; for Democrats it’s just collateral damage due do a gridlocked Congress. But, it’s funny, when a Wall Street friendly guy or gal gets appointed to a government position, all that obstruction disappears and before you can blink the vote is taken and the flunky gets through.