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Archive for October 24th, 2008

Life After Death

And just to close the earlier topics of heaven and hell, I found this story from one of my beloved authors, Anthony de Mello:

All questions at the public meeting that day were about life beyond the grave. The Master only laughed and did not give a single answer. To his disciples, who demanded to know the reason for his evasiveness, he later said, “Have you observed that it is precisely those who do not know what to do with this life who want another life that will last forever”?

“But is there life after death or is there not”? persisted a disciple.

“Is there life before death? — that is the question”! said the Master enigmatically.

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Bill Moyers interviews Soros. In this illuminating chat, Soros talks about the state of the financial system, and the prevailing belief of “Market Fundamentalism” which is: markets correct themselves. He disagrees with this and encourages more market regulation otherwise markets left on their own are prone to bubbles and crashes.

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Prominent hedgefund manager Soros shares his view on the prevailing financial turmoil.

A believer in market regulation, Soros thinks the crisis can abate if and only if governments come up with a better plan to neutralize the excesses in the financial system. Contrast his views with the laissez faire advocates such as Greenspan.

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A follow-up to our previous discussion.

Some interesting questions were raised in a forum about this controversial bill in the context of critical thinking, the Catholic Church, and population control. The questions are:

  1. If the parents disagree with the mandatory reproductive health education for their children and prevent them from attending, will they be penalized with imprisonment or fine or both?
  2. How is the duress of the penal threats from the government now any different from the duress of the threat of mortal sin from the Church that you have an issue with?

In further context, the issue pertains to the mandatory imposition of reproductive health education and furthermore the penalties for non-observance of the proposed law, per the provisions of the bill: (more…)

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I’ve been wondering for a while where was Alan Greenspan in the midst of the economic crisis, when he suddenly he shows up in a House inquiry. The former Federal reserve chairman was once considered a god among men, with people all over the world trying to read his mind to get a clue on forthcoming economic policy. Now he’s forced to defend himself from allegations that he inadvertently helped create this debacle.

Good that Greenspan admits that there was a weakness in the system he shepherded. But then, no one can foretell the future, and economics is in large part educated guesswork. This inquiry is borne of the public’s need to blame someone–anyone–for this mess. This crisis was primarily caused by people who bought what they couldn’t pay for and by predatory creditors who lent them money anyway.  Can you blame the razor company if customers bought their products so they could slit their own necks?

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