I don't know, but I wonder if it was funny 40-50 years ago because nobody would give anybody a hamburger today if you weren't going to pay them until next Tuesday. Now it seems that we have built our society on the expectation that we can have all the hamburgers we want and don't have to pay for them until the next and then the next and then the next Tuesday.
So has our Tuesday finally come as a nation or at least on Wall Street?
First it was Bear Stearns, then Freddie Mac and Fannie Mae, then Lehman Brothers, and then Merrill Lynch (described as Wall Street meeting Main Street, USA). Where will it all lead?
I don't have a business or financial background so I can't fully analyze and extrapolate all that is going on, but it seems like there are some questions to consider and lessons to be learned.
A few of my questions today as Wall Street reels:
Is this as simple as greed?
Where was the leadership in these companies? What were their principles of operation that led them to this place?What does this suggest to us as a church? Will anyone speak of it in worship this Sunday? Or any Sunday? (Maybe that's why I'm hoping some of you can lend your expertise in analysis, especially how that analysis might impact our faith.)
Clif Christopher is coming to the Minnesota Annual Conference on September 23 at St. Andrew's Church in Eden Prairie and I'll be interested in how he addresses stewardship in light of these economic times; things have changed economically since he was here last fall. How is it impacting your fall stewardship campaign if at all?
Furthermore, what is the unique voice of the Christian faith in these financial times?