Posts tagged with: economic crisis

Over at World Magazine, Lee Wishing cites a speech by Rev. Robert A. Sirico, president and co-founder of the Acton Institute, on the subject of putting our faith in God and our own abilities instead of the government to manage economies. He quotes Rev. Sirico: “Many thinkers throughout the ages have noted that we face a choice between holding a robust faith in God or putting faith in man and institutions such as the state.”  In such tough economic times, we are reminded that we need to put our faith and trust in God first.

In today’s commentary, Sam Gregg writes that “there is little reason to be optimistic about the probable effects of the Obama Administration’s interventionist approach to mortgage relief. In fact, it is most likely to be counterproductive.” More government complacency about moral hazard?

Read the commentary at the Acton Website and share your comments below.