Posts tagged with: wall street journal

Mako Fujimura, one of the artists hosted by the Acton Institute for ArtPrize 2014

Mako Fujimura, one of the artists hosted by the Acton Institute for ArtPrize 2014

Here in Grand Rapids, we are awaiting the beginning of ArtPrize (Sept. 24-Oct. 12.) For those of us who live or work in the city, we are seeing signs of it: posters hung in coffee shop windows, artists installing pieces, restaurants adding waitstaff, and venues getting spit-shined. It’s a big deal: in 2013, ArtPrize brought in 400,000+ visitors to this city, an estimated $22 million in net growth and hundreds of jobs. Not too shabby for an event that didn’t even exist a few short years ago.

The genesis of ArtPrize was the mind of Rick DeVos, a man focused on entrepreneurship and starting conversations. DeVos started ArtPrize not as a way to bring money to his hometown (“a happy accident“), but because:

…his forays into tech startups had made him love the democracy of the Internet and the possibilities afforded by crowdsourcing. Why not a contest with an open call for artists and an open vote? “I was always intrigued with the X-Prize model,” he said, referring to the $10 million prize offered for private-sector space flight. “This whole idea of putting a big prize out there and then putting as few rules around it as possible, not trying to dictate what the outcome should look like.” The idea expanded from there, and in 2009, five months after he first announced it, ArtPrize opened to the public.

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piggybanksBy Presidential Proclamation, today is “Equal Pay Day,” a day meant to draw attention to the “fact” that women still aren’t getting paid the same as men. No matter how hard we try, we just can’t seem to catch up. 77 cents on the dollar – that’s where we ladies are sitting and stagnating.

Except it’s a myth. In today’s Wall Street Journal, and

The Bureau of Labor Statistics seems to uphold the idea that women still aren’t getting paid enough.

In its annual report, “Highlights of Women’s Earnings in 2012,” the Bureau of Labor Statistics states that “In 2012, women who were full-time wage and salary workers had median usual weekly earnings of $691. On average in 2012, women made about 81% of the median earnings of male full-time wage and salary workers ($854).”

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Blog author: ehilton
Wednesday, February 19, 2014
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The much-maligned 1%. Websites are devoted to getting them to spread their wealth. They are called self-pitying, greedy…just all-around bad folk.

Really?

In today’s Wall Street Journal, James Piereson says the 1% are actually hard-working people like the rest of us. They have jobs. They earn their money. Maybe they earn more money that most of us, but they do earn it; they aren’t trust fund babies or spoiled heirs. (more…)

UN flagFrom the Charter of the United Nations:

The Purposes of the United Nations are:

  1. To maintain international peace and security, and to that end: to take effective collective measures for the prevention and removal of threats to the peace, and for the suppression of acts of aggression or other breaches of the peace, and to bring about by peaceful means, and in conformity with the principles of justice and international law, adjustment or settlement of international disputes or situations which might lead to a breach of the peace;
  2. To develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples, and to take other appropriate measures to strengthen universal peace;
  3. To achieve international co-operation in solving international problems of an economic, social, cultural, or humanitarian character, and in promoting and encouraging respect for human rights and for fundamental freedoms for all without distinction as to race, sex, language, or religion; and
  4. To be a centre for harmonizing the actions of nations in the attainment of these common ends.

It seems that the U.N. has lost touch with its own purpose for existence. A much-publicized U.N. report told the Catholic Church they needed to change their teaching. The report was written under the guise of caring about children and the sex abuse scandal the Church continues to deal with. However, Claudia Rosett of the Foundation for Defense of Democracies takes the U.N. to task in a Wall Street Journal opinion piece: (more…)

Blog author: ehilton
Wednesday, January 29, 2014
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constitutionIn today’s Wall Street Journal, Senator Ted Cruz (R.- Texas) discusses the presidency of Barack Obama, on the heels of the president’s State of the Union address last night. Cruz takes the current president to task on a simple theme: the rule of law.

Rule of law doesn’t simply mean that society has laws; dictatorships are often characterized by an abundance of laws. Rather, rule of law means that we are a nation ruled by laws, not men. That no one—and especially not the president—is above the law. For that reason, the U.S. Constitution imposes on every president the express duty to “take Care that the Laws be faithfully executed.”

Yet rather than honor this duty, President Obama has openly defied it by repeatedly suspending, delaying and waiving portions of the laws he is charged to enforce.

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Acton Institute Director of Research Samuel Gregg has been busy on the interview circuit over the past few days as news organizations look for intelligent analysis of Evangelii Gaudium, Pope Francis’ Apostolic Exhortation that that was released last week. On Monday, the Wall Street Journal called upon Gregg to provide his thoughts on the economic content in the exhortation on Opinion Journal Live; we’ve embedded the video below.

To kick off the Labor Day weekend, Peggy Noonan offers some timely thoughts on the meaning of work:

ED-AR202_noonan_G_20130829153004Joblessness is a personal crisis because work is a spiritual event. A job isn’t only a means to a paycheck, it’s more. “To work is to pray,” the old priests used to say. God made us as many things, including as workers. When you work you serve and take part. To work is to be integrated into the daily life of the nation. There is pride and satisfaction in doing work well, in working with others and learning a discipline or a craft or an art. To work is to grow and to find out who you are.

In return for performing your duties, whatever they are, you receive money that you can use freely and in accordance with your highest desire. A job allows you the satisfaction of supporting yourself or your family, or starting a family. Work allows you to renew your life, which is part of the renewing of civilization.

Work gives us purpose, stability, integration, shared mission. And so to be unable to work—unable to find or hold a job—is a kind of catastrophe for a human being. (more…)

Blog author: ehilton
Friday, August 23, 2013
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We know the government is listening, watching, gathering information. We know that we’re being told it’s all for our own good; after all, who wants to miss a possible terrorist attack? Sleeper cells, the Boston bombers, the haunting memory of nsa-is-listening-to-you9/11 say all of this is necessary for our safety, right? Not so fast, says Peggy Noonan.

First, she reminds us that the NSA has – at least technically – only limited authority when it comes to spying on American citizens. Yet, it seems they are monitoring 75 percent of our internet traffic. And clearly, our privacy doesn’t matter a bit:

 [A] finding was revealed that the NSA violated the Constitution for three years running by collecting as many as 56,000 purely domestic communications without appropriate privacy protections. The secret Foreign Intelligence Surveillance Court slammed the agency for “misrepresenting” its practices to the court, and noted it was the third time in less than three years the government misrepresented the scope of a collection program.

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Obamacare – or the Affordable Care Act (ACA) – is meant to give everyone in America the best access to the best health care. But things aren’t looking so good. As we get closer to its onset, it’s becoming clear that there will be fall-out. little girl with medsEmployers (especially small-to-medium size businesses) are looking for ways to handle the onslaught of costs Obamacare will bring; one way is to offer healthcare ONLY to employees, leaving employee families out of luck, and insurance.

Mike Shoop, who owns a debt collection agency and employs 150 full-time employees, says he’s generous with employee salaries, but there are limits to how much the company budget can handle. (more…)

Detroit is bankrupt. The city government can’t pay its bills. Scores of empty houses and garbage-strewn lots greet anyone who drives down once-bustling streets. There is a lot of finger-pointing, and no easy answers. There are a lot of pieces to MAYOR YOUNGthe puzzle of what went wrong in Detroit.

At The Wall Street Journal, Steve Malanga has a few puzzle pieces to add, and they form the face of former-Mayor Coleman Young. Young was Detroit’s mayor for 20 years (1974-1994), and Malanga calls him a “radical trade unionist who ran as an antiestablishment candidate reaching out to disenfranchised black voters, Young lacked a plan except to go to war with the city’s major institutions and demand that the federal government save it with subsidies.” During Young’s 20 year mayorship, the city’s government became less and less effective, and the middle class (both black and white) got out. (more…)