Three of the Acton Institute’s core values are dignity of the person, the rule of law and the subsidiary role of government. The Patriot Act, passed in 2001, violates these fundamental principles.
Read more on The Patriot Act and the Threat to the Rule of Law…
Thanks to Clear Channel Radio, I was able to attend Dave Ramsey’s event in Grand Rapids last night. I used to listen to Ramsey on the radio quite a bit as a seminary student in Kentucky and I was always impressed by how much he was inspiring American families to live within their means and become better financial stewards of their resources and income. His own personal faith testimony is very real and inspiring and that brings me to another point concerning his presentation last night.
In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?”
One of the gravest moral issues related to the American Recovery and Reinvestment Act is the matter of dangerous deficit spending. Anybody plugged into our nation’s financial crisis is likely aware of the unsustainable spending path of not just the federal government, but individual states as well. Because many states have balanced budget amendments, they are not entitled to run deficits, so the federal government proposes bailouts, which comes at an even greater cost to taxpayers from fiscally responsible states. One can easily see how policies like these only encourages irresponsible government spending policies.
The Armed Forces Journal has a noteworthy essay on professionalism titled, “In Praise of Mavericks.” The author, Michael Wyly, is a retired Marine Colonel who served two combat tours in Vietnam.
Economic globalization has lifted millions out of dire poverty and is an unparalelled engine of wealth creation. But, like other economic systems, it needs the moral framework that the Church provides to guide it as a humane force for good. Brian Griffiths, vice chairman of Goldman Sachs International, examines the role of faith in a rapidly globalizing world in this excerpt from his new Acton monograph.
