Center of Concern | Wed, Oct 29, 2008
In the first years of the founding of the Center of Concern, our office was located on a well-kept residential street in northeast Washington, DC. The staff was busy establishing the Center as a voice for social justice in the U.S. and across the world. No small task for three or four people.
Center of Concern | Fri, Oct 24, 2008
Much like the current crisis, the Depression wasn’t an event isolated to the world of finance. In fact, it was magnified by, and in turn magnified the impacts of, a corresponding ecological crisis. Much like we face today.
Center of Concern | Tue, Oct 21, 2008
The latest word out of U.S. and European capitals is a call for a series of Economic Summits beginning in late November to look deeply into reforms of the international financial system. Some speak of a "Bretton Woods II" after the conference in the mid-1940s that created the global financial architecture we have today.
Center of Concern | Thu, Oct 16, 2008
In last night's presidential debates, Senator McCain and Senator Obama offered competing vsions for the economy. Both attempted to address the concerns and
aspirations of middle class Americans in the midst of the dual housing
and financial crises driven by Wall Street. This got me thinking back to the
root causes of the crises. I’ve followed the technical discussions on bundled mortgage securities
and over-leveraged firms, and no doubt many people made reckless
decisions, but the problem lies even deeper with the economic
philosophy that has reigned for over 30 years.
Center of Concern | Tue, Oct 14, 2008
When the lead question on Iraq in the first presidential candidates’ debate was posed, What are the lessons learned from Iraq? I waited expectantly for what seemed to be the only possible answer: “violence begets violence.” While Barack Obama asserts that the war in Iraq was wrong and must be ended, I fear that neither candidate has learned lessons necessary to reverse course in Iraq and beyond, and repair the damaged U.S. reputation abroad.
Center of Concern | Fri, Oct 10, 2008
Headlines this morning spoke of global stock markets plunging from Wall Street to Japan. Across the globe we’re witnessing a massive sell-off. And it’s making our problems worse. Wall Street needs a time out.
Center of Concern | Thu, Oct 9, 2008
As the unraveling financial crisis has shown this week, for all the walls we may attempt to build, our borders are far more porous than we ever could have imagined. What happens here reverberates far beyond, not only from Wall Street to the proverbial Main Street, but to Italy and Germany and India and Peru.
Center of Concern | Mon, Oct 6, 2008
Millions of individuals and families are living here in the U.S. in violation of U.S. immigration laws. But as a Christian, I firmly believe we have to take a more penetrating look at the situation because we believe we are all subject to a Higher Law.
Center of Concern | Wed, Oct 1, 2008
During the first so-called “Presidential” debate, my attitude barometer went from boredom to anger. The American people deserve better, and the global situation on so many fronts demands a thoughtful debate between the two candidates.
Center of Concern | Tue, Sep 30, 2008
I’m having a difficult time deciding how I feel about the “bailout package.” I thought about what I would have done yesterday if I were a member of Congress. I decided I probably wouldn’t have voted for the bailout package either. To me it seems like a band-aid made for a paper cut that is trying to fit over a gaping wound that is a hundred times the size of a paper cut. Maybe this band-aid is the wrong shape and size. Maybe it's not even a band-aid that we need.