W ell I've made some more progress in the Carson book, he displays some significantly worthwhile insights into the outlook of leading writer Brian McLaren especially. One of Carson's points, without giving too much away, is that the emergent church employs a 'flat' critique of modernism. But it does so without normally acknowledging the benefits of modernism. While Carson doesn't go quite this far, what I liked too coming off of that and the Carson long quotes of others is the realization that no culture is itself holy. Pre -modernism, modernism, postmodernism; all have/will be full of good aspects and not so good aspects. This balance is worth taking into account no matter where one comes down on it. At times Carson seems a bit modern, I'll admit, but at other times he seems somewhat postmodern. Especially when he recoils to the useful (although typical) missions influence on us and our healthy self-critique idea. He mentions that one a couple of times as a po
This weekend has had a lesser known holiday attached to it, Reformation Day. Reformation Day remembers the recovery of the Gospel of Jesus Christ. While it would be hard for many today to imagine, there was a time when access to the Bible itself was limited. In the time of Martin Luther, many did not read the Bible (1483-1546). Even monks who did, often did so only for initiation for a time and then would not read it again. Common church members were often prevented from having the Bible in their native tongue. Untold millions lived under such a neglect of the Word of God. In time it came about that certain key figures rediscovered the Scripture. They risked their life and safety to read it, translate it, and distribute it in common language. They spent much time in it themselves. From this came the findings of people like Martin Luther. He realized that despite his many good deeds, and religious observations, and trusting other good people, yet God would not accept him. Heav
I t turns out that S&P decided to lower our credit rating as a nation to AA+ from AAA. The article link shows that S&P made a mistake on the exact amount of debt, however, even so the burden of the debt in the long-term seems significant. Moody's and Fitch did not give the same low rating, yet that could change. It is reported that if those agencies agree with the S&P downgrade, then the cost of borrowing for the country and for mortgages and individuals (incl. corporations) would rise. This would slow business apart from other major factors. Interestingly, the weakness of the Eurozone created a situation where US debt was still in demand, as a safe haven asset. For the time being there appears to be a situation where we have a reputation of being better than the rest of the options for safe haven. Still, it cannot be passed by that if S&P is correct that debt would consume 88% equivalent of GDP by 2021, that we have major systemic problems ahead.