Are we on the brink of The Great Depression, Version 2.0? This past week has seen a historic fall-off of value in the market, with the Dow Jones Average down 18%, and retirement nest-eggs taking a big hit, riding at a negative 36% for the year. Even when the rebound comes, as it will, what [...]
Posts Tagged ‘capitalism’
Greed or Gain? Pt. 3
Posted in Bailout, Culture, Economy, tagged adam smith, bible, bill kinney, capitalism, Christian Life, christian worldview, depression, Economy, gain, great depression, greed, loss, loss is gain, wall street on October 12, 2008 | Leave a Comment »
Greed or Gain? Pt. 2
Posted in Bailout, Culture, Economy, tagged authenticity, bible, bill kinney, calvin coolidge, capitalism, Christian Life, christian worldview, Economy, fundamentals, gain, greed, honesty, integrity, mccain, reality check, truth, wall street on October 3, 2008 | Leave a Comment »
People talk about greed as though it is unusual and something that is only a part of the lives of someone else. The wealthy are scorned as though cheating and greedy excess is the only way they could possibly have made their money. In these financially unsettling times for our country, Wall Street is on [...]
Greed or Gain? Pt. 1
Posted in Bailout, Culture, Economy, tagged bible, bill kinney, capitalism, Christian Life, christian worldview, enron, fannie mae, freddie mac, gain, golden parachute, greed on September 28, 2008 | 2 Comments »
More than one media person has recently said that the true cause of the failures of Fannie Mae and Freddie Mac, and of the current mortgage crisis, is capitalistic greed. Personal, grimy, dirty, ugly, greed. End of story – end of discussion – no need to look further than that. Is that what primarily motivates [...]
