Over at Christianity Today, HOPE International’s Chris Horst, whose article on a Christian manufacturer was recently highlighted at the PowerBlog, focuses on yet another Christian business, this time dealing in mattresses:

“This is one of the sleaziest industries in the world,” says business owner Ethan Rietema. “Customers are treated so poorly. Stores beat you up, trying to get as much money as they can, but they couldn’t care less if you get the right bed.”

Rietema and Steve Van Diest, both former campus ministers, are bringing rest—and integrity—back to a business largely devoid of it. Four years ago, a Christian entrepreneur invited the Colorado natives to begin deploying their relational abilities in strip malls rather than on college campuses. They now co-own three Urban Mattress stores in Denver and have franchised four more. And, they argue, their current work is just as important as their former ministry….

…”I don’t have to do mental gymnastics with the product I sell,” Van Diest says. “It’s not a frivolous item. It’s not an image-conscious product. People come here after being worn down by horrible sleep, replete with aches and pain. If we can provide them with a small glimpse of grace for a third of their lives, that’s kingdom work. That matters to God.”

Every entrepreneur begins by identifying a need. For Rietema and Van Diest, it was better customer service and consumer information. Urban Mattress has grown its business by directly countering a status-quo industry environment of price misinformation, offering “consistent and fair prices that promote transparency and honesty.” No faux “blowout sales,” no shady product labeling, no overly hasty, overly pushy customer interactions.

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Over at Think Christian I take a look at the looming fiscal “cliff,” which we are being told from every conceivable quarter represents a significant danger to America’s fragile economic recovery:

But apart from the numbers themselves, the framing of the issue by politicians and pundits ought to give us pause. The idea that returning deficit spending to 2008 levels represents a “cliff” is not just political hyperbole. It reveals something deeply broken about not only our political system, but even more of our cultural expectations. As long as we continue to expect politicians to deliver programs and policies that are not sustainable, they will continue to promise them, and what is perhaps even worse, they will continue to try to make good on them, no matter the cost to current and future generations.

Today over at CNN Money, Paul R. La Monica tries to rein in some of the hype (HT: The Transom):

Yes, we all have the fiscal cliff on the brain. Wall Street is anxious. CEOs and labor leaders have headed to Washington to try and convince President Obama that the consequences of falling over the fiscal cliff would be dire. But is the fiscal cliff panic just a wee bit overdone?

La Monica’s answer isn’t an unqualified “yes,” but his piece does give some insights as to some of the political reasons for exaggerating the potential impact of sequestration.

Blog author: jcarter
Friday, November 16, 2012
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The Lessons of the Hebrew Bible
Jonathan Sacks, Foreign Affairs

The Israelites of the Hebrew Bible never quite figured out how best to arrange human political affairs.

Will Supreme Court answer monks’ prayers?
George Will, Washington Post

Shortly before 123 million voters picked a president, 38 Louisiana monks moved the judiciary toward a decision that could change American governance more than most presidents do.

The Cry of the Martyrs Webcast
Family Research Council

Yesterday, FRC, along with Voice of Martyrs, had a webcast on the threats to religious liberty around the world. “The Cry of the Martyrs: The Threat to Religious Liberty Around the World” featured many experts speaking on religious persecution and how to fight the attacks against religion.

Are You Ready? A Biblical View of Ayn Rand’s Life and Work
David Kotter, Institute for Faith, Work & Economics

The Bible has significant areas of overlap with Rand’s Objectivist philosophy. Nevertheless, Rand’s mixture of capitalism, atheism, and misguided anthropology should give Christians pause before jumping completely on board.

Blog author: dpahman
Thursday, November 15, 2012
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Prepping for the joint Acton/Liberty Fund sponsored conference that begins tonight: Religion & Liberty: Acton and Tocqueville, part of Acton’s Liberty and Markets program, I came across the following thought-provoking quote from Alexis de Tocqueville:

The civil and criminal legislation of the Americans knows only two means of action: prison or bail. The first action in proceedings consists of obtaining bail from the defendant or, if he refuses, of having him incarcerated; afterwards the validity of the evidence or the gravity of the charges is discussed.

Clearly such legislation is directed against the poor and favors only the rich.

A poor man does not always make bail, even in civil matters, and if he is forced to await justice in prison, his forced inactivity soon reduces him to destitution.

A wealthy man, on the contrary, always succeeds in escaping imprisonment in civil matters; even more, if he has committed a crime, he easily evades the punishment awaiting him: after providing bail, he disappears. So it can be said that for him all the penalties of the law are reduced to fines. What is more aristocratic than such legislation? (more…)

Rev. Robert Sirico, President of the Acton Institute and Jeff Sandefer, entrepreneur, teacher and educational innovator, have co-authored the new book, “The Field Guide to the Hero’s Journey: inspirational classics and practical advice from a serial entrepreneur and an entrepreneurial priest”. The book is set to be released in early December.

Rev. Sirico and Mr. Sandefer sat down to discuss their collaboration.

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Blog author: mhornak
Thursday, November 15, 2012
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The Acton Institute is pleased to announce that registration is now open for the 2013 Acton University (AU), which will take place on June 18-21 in Grand Rapids, Michigan.

Space and scholarship funds are limited – so register or apply now! Please visit university.acton.org where you will find the online registration form along with complete conference information.

The Goldwater Institute has released a new study showing that states with a larger share of entrepreneurs do a better job at reducing poverty than states with fewer entrepreneurs.

There is a strong connection between a state’s rate of entrepreneurship and declines in poverty. Statistical analysis of all 50 states indicates that states with a larger share of entrepreneurs had bigger declines in poverty. In fact, comparing states during the last economic boom—from 2001 to 2007—data show that for every 1 percentage point increase in the rate of entrepreneurship in a state, there is a 2 percent decline in the poverty rate.

To help reduce poverty, policymakers should focus on increasing the number of entrepreneurs in their state. Research shows that one of the most effective ways to increase entrepreneurship is by lowering tax burdens. In particular, this study shows that high tax burdens, measured as a percentage of personal income, drags down the growth rate of entrepreneurship in a state: for every 1 percentage point increase in the tax burden, there’s a corresponding 1 percentage point drop in the entrepreneurship rate. States without income taxes also have higher average rates of entrepreneurship than those with income taxes. The average number of sole proprietors as a percentage of employment in states without an income tax is 21.7. The rate for states with an income tax is 19.6.

You can access a PDF of the report here.

Blog author: jcarter
Thursday, November 15, 2012
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Waning evangelical influence
Anthony Bradley, World

With these cultural dynamics, Republicans, in order to take back the White House, are going to have to start appealing to their new actual base: deistic fiscal moderates.

Papal nuncio: Catholic division undermines religious freedom
Catholic News Service

Archbishop Carlo Maria Vigano has told the University of Notre Dame that there is a concrete “menace” to religious liberty in the U.S. that is advancing in part because some influential Catholic public figures and university professors are allied with those opposed to Church teaching.

Failing School Ranks Every Teacher and Principal ‘Highly Effective’
Tom Gantert, Michigan Capital Confidential

State has Hazel Park schools as failing, but its teachers all get highest marks

3 Tips from Proverbs About Finances
Robert Waruszewski, Ignitum Today

Life can change in an instant. That “secure” job you had today could be gone to tomorrow. The home you worked diligently to own could be gone in the blink of an eye through a natural disaster.

We need to trim government programs today in order make way for bigger government tomorrow.

That seems to be the message former treasury secretary and Obama economic advisor Larry Summers delivered today at the Washington Ideas Forum:

“If we want to have the same kind of society we always had…you may see some upward drift in government,” he said. “That’s why you need to work ever harder to eliminate government activities that don’t need to take place.”

Summers deserves credit for attempting to incorporate reality into the liberal economic worldview. Government will have to take an increasing share of GDP just to keep up with the growth of current government programs. But we can’t afford the programs we have now, which means we must, as Summers says, “eliminate government activities that don’t need to take place.”

But his message will fall on deaf progressive ears. Liberals are generally opposed to giving up any government funding of private activities, much less give up actual government activities. Remember just a few weeks ago when President Obama mocked the idea of defunding PBS? And the mere suggestion of cutting off taxpayer funds for the president’s favorite billion dollar corporation—Planned Parenthood—causes him to reach for his veto pen.

American liberalism suffers from a political paradox: There is no realistic way for America to keep paying for all the programs liberals want to keep—and there is no realistic scenario in which American liberals voluntarily give up any of those programs. Unfortunately, the only resolution to the problem will be an economic crisis that leads to forced austerity measure. That’s the future reality all of us will be forced to contend with tomorrow since liberals refuse to contend with present realities today.

Because it is right, because it is wise, and because, for the first time in our history, it is possible to conquer poverty … Lyndon B. Johnson’s Special Message to Congress, March 16, 1964

Anthony Bradley, commenting on the preference black voters showed for President Obama, points out that Lyndon Baines Johnson’s War on Poverty policies “introduced perverse incentives against saving money, starting businesses, getting married, and they discouraged fathers from being physically and emotionally present for their children — resulting in generational welfare dependence — black voters are lured to choose dependence over liberation.” The full text of his essay follows. The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publications here.

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