Wednesday, October 6, 2010

Forgiveness to the Banks but no Forgiveness to Their Customers

The many banks who were helped through the financial crisis are failing their own customers. It seems that our Government, and the people forgave the Banks their debts. The Banks were helped by loans and given time to repay those loans. But the banks have forgotten what reciprocity means. We have gone out of our way to help in this economic crisis and the climate that we now live in. But enough is enough, apparently there has been no lessons learned when it comes to the morality of the many issues that we now face.

With the foreclosure problems, people being locked out of their homes when it is not necessary reminds me of a parable that Jesus taught.

Matt 18:23-35
23 "Therefore, the kingdom of heaven is like a king who wanted to settle accounts with his servants.
24 As he began the settlement, a man who owed him ten thousand talents was brought to him.
25 Since he was not able to pay, the master ordered that he and his wife and his children and all that he had be sold to repay the debt.
26 "The servant fell on his knees before him. 'Be patient with me,' he begged, 'and I will pay back everything.'
27 The servant's master took pity on him, canceled the debt and let him go.
28 "But when that servant went out, he found one of his fellow servants who owed him a hundred denarii. He grabbed him and began to choke him. 'Pay back what you owe me!' he demanded.
29 "His fellow servant fell to his knees and begged him, 'Be patient with me, and I will pay you back.'
30 "But he refused. Instead, he went off and had the man thrown into prison until he could pay the debt.
31 When the other servants saw what had happened, they were greatly distressed and went and told their master everything that had happened.
32 "Then the master called the servant in. 'You wicked servant,' he said, 'I canceled all that debt of yours because you begged me to.
33 Shouldn't you have had mercy on your fellow servant just as I had on you?'
34 In anger his master turned him over to the jailers to be tortured, until he should pay back all he owed.
35 "This is how my heavenly Father will treat each of you unless you forgive your brother from your heart."

Should the banks be now thrown in jail for their neglect of the people who were their customers? The Banks have been forgiven, will they now forgive in return. But that would be Altruism and that is not the current moral endeavor in this present economic climate.

There has been an impassioned plea for morality in recent weeks, but they are not calling for a return to biblical ethics. Instead, they explicitly reject Christian and Religious morality in favor of a code that exudes selfishness and living in the light of Randian and Libertarian ways.

Though Ayn Rand has been dead for three decades, her philosophy is still embedded in the American way of life. It also has embedded it’s way into our churches by using quasi-biblical principles to obtain wealth but disposing of God’s principles. The big emphasis lately is on homosexuality and promiscuity which have replaced greed as the root of all evil. Gordon Gecko (movie “Wall Street”) is now rolling over in laughter, because greed is good, everything else is bad. So the battle cry for the libertarian worldview, as it is with Ayn Rand in Atlas Shrugged, is replacing the cross with the dollar sign and making that a good thing.

But Altruism is the opposite of Randism/Libertarianism. Though it might seem obvious that altruism is central to the teachings of Jesus, one important and influential strand of Christianity would qualify this. St Thomas Aquinas in the Summa Theologica, I:II Quaestio 26, Article 4 states that we should love ourselves more than our neighbor. His interpretation of the Pauline phrase is that we should seek the common good more than the private good but this is because the common good is a more desirable good for the individual. The Apostle Paul in First Corithians 13 says "love seeks not its own interests." We need to shed light on tensions by contrasting the impostors of authentic self-affirmation and altruism such as Randism and Libertarianism. By analysis of other-regard within creative individuation of the self, and by contrasting love for the few with love for the many. Love confirms others in their freedom, shuns propagandas and masks, assures others of its presence, and is ultimately confirmed not by mere declarations from others, but by each person's experience and practice from within. As in practical arts, the presence and meaning of love becomes validated and grasped not by words and reflections alone, but in the making of the connection.

In saying all this, America is in trouble and headed down a path that reflects the good of the corporation over the good of the people. In the Constitution of the United States it says “we the people” and it is heading towards “we the corporations”. The rest of the preamble of the US Constitution reads “in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.

With Altruism out and Randism/Libertarianism in, that part of the Constitution should read “in order to form a more perfect union, establish greed as good, insure selfishness, provide domestic breakdown, provide corporations with profits by any means, promote the dollar by the dollar, for the dollar for posterity for all corporate holders.

I’m sad as I look out at this once great nation to see it has not learned from history. Everyone thinks this way of Libertarianism is new, it’s not, it’s only new to you. It’s old and it’s called greed at any cost.

Lord forgive us of this root of all evil?

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