Everywhere we look we are facing rising prices. We find them at the gas pumps and now we see them at our supermarkets. Food prices are climbing, and just like gas prices, they are having broadly felt adverse effects on Americans.

Read more on Hardships of Ethanol…

The blame game in Washington is heating up on skyrocketing gas prices. Republicans are criticized as being in the back pocket of the oil industry and partaking in crony capitalism. The Democrat Congressional Campaign Committee is even cashing in by hosting a fundraiser that is based on what has been the House Republicans “decade long relationship of protecting Big Oil taxpayer giveaways, speculations and price gouging…” However blame is also placed on Democrats, with accusations of placing barriers to prohibit domestic drilling. The debate has also centered around how we can be better environmental stewards. We may find ourselves asking questions such as whether green energy promotes environmental stewardship, and if oil drilling results in a dramatic harm to the environment?

Read more on Playing the Washington Blame Game…

Now meeting the goal of cutting our dependence depends largely on two things: first, finding and producing more oil at home; second, reducing our overall dependence on oil with cleaner alternative fuels and greater efficiency. This begins by continuing to increase America’s oil supply.

These were the words spoken by President Obama on March 30 in an address he gave at Georgetown University on America’s energy security.  The president also stated in the same speech that “one big area of concern has been the cost and security of our energy,” and “ … our best opportunities to enhance our energy security can be found in our own backyard … ”

Read more on President Obama’s Energy Doublespeak…

Easter is fast approaching, and in light of this revered day, we take a look at Easter messages the Acton Institute has published in the past.

A day celebrated by all Christians, Easter can mean many different things for people. The article, “An Easter Message for Business” explores what it means for entrepreneurs and business men and women. In the article we find that business is a calling and business men and women are called to utilize their Christian principles by applying them to in their every day lives on the job:

Read more on Messages for Easter…

Thrift almost seems like a lost virtue among much of our governing class. It is also true of the general population. We don’t have to just look at our staggering public debt, but consumer credit card debt tells the story too. In a past post on the virtue of thrift, Jordan Ballor reminds us that “thrift is one of the things that separates civilized capitalism from savage consumerism.”

Read more on Amity Shlaes on Thrift and Calvin Coolidge…

In his recent lecture “Christian Poverty in the Age of Prosperity,” Rev. Robert Sirico reminded us that “We should not minimize the demands of the scripture but we should embrace them.” The quote was in context of caring for the vulnerable among us. He also talked about the need to be wholly devoted to the Lord despite the distractions of technology and prosperity in our midst.

Read more on More Thoughts on ‘Christian Poverty in the Age of Prosperity’…

After taking a look yesterday at economic consequences of rising food prices along with the affects ethanol may have on the rising food prices, a moral perspective must also be taken into account.

Read more on Does Ethanol Production Promote Sound Stewardship?…

Economies across the globe are struggling, and rising food prices are not going to make life any easier.  The Acton Institute raised concern for rising food prices, especially corn, in 2007, when Ray Nothstine wrote a commentary on, and at the time, record prices for corn, resulting in revolts in Mexico due to rapidly rising prices for tortillas.  The commentary brought to light unintended consequences of ethanol and its subsidy, including rising food prices.

Read more on Are Rising Food Prices a Result of the Ethanol Subsidy?…

Ronald Reagan is in the news quite a bit these days. President Barack Obama is even trying to model himself after the popular president, as this piece in Time points out. Reagan’s centennial birthday is February 6. The Reagan Presidential Foundation & Library Centennial homepage is the essential site for information on the celebration.

Read more on Acton on Tap: Faith and Public Life in Reagan’s America…

My commentary this week is about the deeper truths of Ronald Reagan’s witness, words, and deeds. Reagan has been in the news a lot, and will continue to be as we approach his centennial birthday. A great place to visit for all things concerning the Reagan centennial is the Reagan Presidential Foundation & Library Centennial homepage. President Obama even weighed in on Reagan, heaping praise on the popular president in USA Today.

Read more on Deeper Truths Magnify Reagan Centennial…