The document contains sections entitled "No to an economy of exclusion," "No to the new idolatry of money," and "No to the inequality which spawns violence."
"How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points?" Pope Francis writes in the 224-page document.
Perhaps most strikingly, Francis lashes out specifically against one of the more famous economic theories of the 20th century – the trickle-down economics embraced by the Reagan administration. Not only does he argue that he does not believe in this theory; he argues there is no evidence that it works.
"[S]ome people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system," he writes. "Meanwhile, the excluded are still waiting."
[PHOTOS: Thousands Attend Pope Francis’ First Mass]
Though a lecture on economics from the pope may be unexpected, it is perhaps more fitting from this particular pontiff. Pope Francis is known for his advocacy on behalf of the poor and those on the fringes of society – on Holy Thursday this year, he washed the feet of 12 juvenile inmates in a Rome detention center. In his latest writing, he also extends the theme of economic justice to the environment.
"In this system, which tends to devour everything which stands in the way of increased profits, whatever is fragile, like the environment, is defenseless before the interests of a deified market, which become the only rule," he writes.
“You can employ men and hire hands to work for you, but you must win their hearts to have them work with you.”
– William J. H. Boetcker
That was funny. Wal-Mart management are the greatest retail minds of the 19th century.
This Gray Thursday and Black Friday should be outlawed. Its just inciting a riot in my opinion and that is against the law.
Thanksgiving Day bargain shoppers send 11year-old to hospital.
MCT Regional News
Nov 29, 2013
Crowds began forming for Thursday evening’s shopping deals at local retailers in the area and one of the bargain shoppers at the New Boston Wal-Mart sustained injuries as patrons entered the store.
Reports of an ambulance at Wal-Mart came in during the evening hours and the New Boston Police Department confirmed a report of a female being trampled at the store.
Judy Boggs, who was one of the crew members that responded to the incident for Portsmouth Ambulance, could not divulge too much information due to HIPAA laws.
“The first call came in at 7:56 p.m. that a child had been trampled at Walmart. The crew was on scene at 8:01 p.m.,” Boggs said.
When asked how old the child was, Boggs said she was an 11-year-old female. She could not give out the name of the child due to HIPAA laws.
“She was transported to Southern Ohio Medical Center for treatment and I believe she was later released,” Boggs said.
Boggs said she could not describe the extent of the child’s injuries.
She said a separate crew from Portsmouth Ambulance responded to the New Boston Wal-Mart for another incident Thursday evening.
“There was another patient there we transported also, for not necessarily being trampled, but it was something along those lines. This was an elderly female. The crew was dispatched on that at 8:02 p.m.,” Boggs said.
She said the description of the elderly patient could not be given because the crew that responded had not, at that time, turned in their paperwork.
The Daily Times sought comment on the two situations from the New Boston Wal-Mart.
“We cannot discuss that. If you have any questions you would have to go through our home office,” a store representative said.
A call placed to Wal-Mart’s Bentonville, Ark. headq
That was not my opinion. That was from Economics writer Howard Crane who is in the know on these type things. You are right about Duke. He should be behind bars. First he's the one in charge in Mexico when the illegal bribing was going on and now he breaking worker rights laws in this country. He may be going to trial and prison. That may be why they forced him out. Did not want the bad publicity when he gets taken down and have him still in charge.
Walmart CEO Mike Duke Forced to Step Down After NLRB Pursues Worker’s Rights Violations! Posted by: Howard Crane in Economic Issues November 25, 2013 The chief executive of Walmart Mike Duke has stepped down while the company struggles to deal with a sequence of confrontations with workers. Duke is to be replaced by company veteran Doug McMillon by February of 2014. The decision arose just days after claims by campaigners that Walmart is to be prosecuted for “violating the rights” of workers who participated in strikes over wages in the US. The National Labor Relations Board claims that Walmart “unlawfully threatened” employees for their part in the Black Friday walkouts last year, in which about 400 people participated. They have decided to pursue charges against Walmart for threatening and punishing workers who planned to go on strike last year. “The board’s decision confirms what Walmart workers have long known: the company is illegally trying to silence employees who speak out for better jobs,” said Sarita Gupta, executive director of Jobs with Justice. “Americans believe that we have the responsibility – and the right – to speak out against corporate abuses of workers, and this proves we’re finally being heard, and making kinks in Walmart’s armour.” The decision would address charges filed one year ago in advance of Black Friday 2012, when Walmart workers went on strike over low wages and lousy working conditions.
I have not been drinking anything just reading the news. Try it. Its a great way to know whats going on.
(Reuters) - Nearly 80,000 Californians have enrolled in private health insurance plans through the state's exchange marketplace created under President Barack Obama's healthcare law, the Covered California exchange said on Thursday.
The latest data, which charts enrollment from the October 1 start through November 19, means that about 20,000 more people signed up for plans since the exchange's initial update on its enrollment released November 13.
California, which is the most populous U.S. state and embraced the Affordable Care Act early on, is considered a crucial region for the administration's enrollment effort. The state is one of 14 operating their own exchanges, as opposed to relying on the federal government.
Last week, the U.S. government released initial data showing that 106,000 people had enrolled in new exchanges nationwide from October 1 through November 2. California's enrollment amounted to about one-third of all sign-ups during that period and outnumbered the combined tallies of all 36 states that use the faulty HealthCare.gov website operated by the federal government.
Covered California also released data on Thursday showing that nearly 23 percent of the sign-ups during the first month of enrollment were 18 to 34 years old, while 34 percent were 55 to 64 years old.
in California alone. The ACA is turning out to be a big success. It just needed a bit of time to get the sight working right and for people to start registering as the deadline starts getting closer.
The shorts are quieter than a church mouse on this one. Wonder why. LOL
Yet another dagger in the heart of the shorts. Once again proving that Tesla is the safest car on the road, bar none.
I'm not the one that needs the help. I guess you were unable to figure it out but I was being sarcastic about all the computers for sale on EBAY but I have a sneaking suspicion that the Tela poster was serious. Now that's where the help needs to be directed.
Must have a pretty empty life to be concerned with something like that. Its just normal stuff. There's 51 Rolls Royce's on Ebay Motors, 53 Bentley's and 242 Lamborghini's and don't even ask how many Mercedes, I can't count that high. I don't understand where people that post things like that are coming from or why they would even post anything so meaningless like that.
Here's a real shocker though, there's a bunch of computer's for sale on Ebay. LOL Hey, it makes just as much sense to post that.
People are always looking for fools. They want $109,995 for a S that you can buy from Tesla for $85,000. I'd sell mine too if I thought I could get that and just buy another new one. I know there's a wait to get one but I think I'd just wait and save 25K.
I just bought more for a trade. Will sell for a gain and hold onto my other shares. I love doing this. Make money off trading while I wait for the certain increase that is on the way. I have my money limit for one stock in my hold shares but I'll just pick up money trading on the side. I've taken this same approach on hundreds of stocks over the years and well, I'm happy. Quit my job when I was 45 and its the best move I've ever made in my life.
Nov 8, 2013, 5:00am CST
Danger Field: What Houston’s going to do about rising deaths in the oil patch
The big oil companies have already warned us these kind if incidents are going to happen if we try to move to electric cars.
When asked for a comment, Shelia blamed it on all stress she's under as the numbers she has to work with are just getting larger and larger.