Economics

[Continued from part 1] More reflections from the North Park Theological Seminary's Scripture Symposium on "The Idolatry of Security."

We are all familiar with the crazy-looking street preacher in some public square haranguing every passerby with a message of doom and gloom while holding up a sign that reads, "Repent, the end is near!"

Jim Wallis was on PBS's Religion & Ethics Newsweekly yesterday to discuss the Wall Street bailout and the moral implications for the nation and the election. Watch it here.

The Bush administration believes this should be a "time of Jubilee" for Wall Street speculators, a time of debt forgiveness. But the current proposal would only place additional debt shackles on the next generation.