The Bishop and the President

Monday, March 23, 2009 \PM\.\Mon\.

bishop-john-m-darcy

Bishop John M. D’Arcy of the Diocese of Fort Wayne-South Bend is planning to release a statement tomorrow, March 24, on the intention of Notre Dame to pay homage to Obama on May 17, 2009.  Assuming that the Bishop condemns the visit this would not be his first clash with the powers that be at Notre Dame.  On February 24, 2004 he condemned the annual presentation at Notre Dame of the Vagina Monologues.  Notre Dame ignored him, and, under President Jenkins, the department sponsored Vagina Monologues performances continue, with his about face on that issue indicating Jenkins’ complete lack of willingness to defend Catholic teaching and morality.  On  April 30, 2006 and again on March 2008, Bishop D’Arcy released statements about the ongoing performances of the Vagina Monologues, highlighting his intense disagreement with Jenkins.    The Bishop has also condemned the “Queer Film Festival” sponsored by Notre Dame.

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Fraud, Folly or Probability

Monday, March 23, 2009 \PM\.\Mon\.

As the government continues to pump money into AIG, the foundering insurance giant which found itself at the center of the real estate and financial crashes, I’ve seen increasing numbers of commentators demand to know why no one is calling for the jailing of AIG executives on charges of fraud. How, the argument goes, was their selling of financial insurance products any different from the sort of fraud Maddoff carried out? They sold insurance policies they couldn’t cover! They took money and gave nothing in return!

I think this tends to underline that people don’t actually understand insurance and how it works very well. This is doubly concerning in that insurance has become increasingly central to people’s ideas of economic security in the last few decades. Indeed, we’ve reached a point where lacking health insurance is itself considered a health problem, regardless of whether this actually results in someone failing to receive needed treatement.

What is insurance? Basically, insurance is a way of extending your savings for unlikely but high cost eventualities.

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Notre Shame

Monday, March 23, 2009 \PM\.\Mon\.

notre-shame

The pic above certainly sums up the damage this scandal by the president of the University of Notre Dame Fr. John Jenkins has caused.

nd-obama-30-pieces-of-silver

Seems the President of Notre Dame, Fr. John Jenkins, comprimised everything he lives and stands for for a few pieces of silver.

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