Signs of the Times • 18 November 2016 • No. 97
¶ Processional. “Lift Us Up: A Song for America,” by Peter Yarrow, performed by Bethany Yarrow & friends.

Above: Zhangye Danxia National Geological Park in Gansu, China
Introduction
Special issue on banks and beggars
In October Wells Fargo CEO John Stumpf resigned in the backlash over earlier news that “thousands of Wells Fargo employees secretly opened two million fraudulent accounts without customers’ permission or knowledge, and were incentivized by the company to do so.”
(See Rose Berger’s excellent reporting and evaluation, “Piracy and Puritanism at Wells Fargo,” Sojouners.)
The scandal not only throws a light on the chicanery of large banks and other mega-corporations but
documents such problems are not simply the result of a handful of devious individuals. Berger illustrates the structural incentive for fraud.
The fine levied on Wells Fargo may seem steep to most of use wage-earners: $190 million. But that figure is but $100 per felony committed—and the bank admits to no guilt.
As it turns out, the suspicion over banks’ concentrated wealth has been voiced by political leaders for a very long time. This issue of “Signs of the Times” features this legacy of warning.
¶ Invocation. “A Change Is Gonna Come,” Sam Cooke.
¶ “I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear
is my greatest foe." —President Abraham Lincoln
¶ Profit is "always highest in the countries which are going fastest to ruin." —Adam Smith, considered the “father” of modern capitalism
¶ You don’t necessarily think of Forbes Magazine (“reliable business news and financial information”) as the place to turn to for prophetic economic critique, as in Drew Hansen’s “Unless It Changes, Capitalism Will Starve Humanity By 2050.”
¶ Call to worship. “Speak peace to the nation, to every relation, to each hollow and meadow, every inch of creation. Let mercy defend, and gracefully mend; each stranger, each straggler, welcome and befriend.” —continue reading Ken Sehested’s “Go to the hallowed abode,” a litany for worship inspired by Psalm 122
¶ “And Now, For Some Good News. In states and municipalities across the country, voters showed strong support for getting big money out of politics and empowering ordinary citizens,” —Frances Moore Lappé & Adam Eichen, commondreams.org
¶ Iceland’s answer to banking fraud. “Iceland, which became a gold standard for corporate accountability in the wake of its 2008-2011 financial crisis, has found nine bankers guilty for market manipulation in one of the biggest cases of its kind in the country's history.” No sentencing has been made, but one former bank president got 5+ years in prison. —Nadia Prupis, CommonDreams
¶ “I believe that banking institutions are more dangerous to our liberties than standing armies.”
—President Thomas Jefferson
¶ In 2010 Wachovia Bank settled a suit brought by the US Justice Department for laundering $378.4 billion for a Mexican drug cartel. The bank paid a $50 million fine (2% of its profits for the year). No one went to jail—where we routinely send kids caught with a dime bag of pot. —Ed Vulliamy, The Guardian
¶ Hymn of praise. “How Great Thou Art.” Oldie update, a cappella, 5-part harmony, by Home Free. (Thanks Matt.)
¶ “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? . . . A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules. . . . The thirst for power and possessions knows no limits." —Pope Francis, Evangelii Gaudium” (“The Joy of the Gospel”), 2013 apostolic exhortation
¶ “Do not say to yourself, 'My power and the might of my own hand have gotten me this wealth.'” —Deuteronomy 8:17
¶ Souls severed from bodies. “When the pope criticizes an entire economic system and is negative about it, he is indulging in politics, and I don’t think he should. I personally do not want my spiritual life mixed up with my political life. I go to church to save my soul.” —Stuart Varney, Fox news commentator criticizing Roman Catholic Pope Francis’ “Evangelii Gaudium”
¶ “If the environment were a bank, it would have been saved by now.” —Bernie Sanders
¶ An economic literacy primer in under eight minutes. Three short videos by Robert Reich, economist and former Secretary of Labor:
• “The 7 Biggest Economic Lies.” (2:47)
• “What are the 3 biggest economic myths propagated by the moneyed interests? (2:34)
• “The war on the poor and working families.” (2.25)
¶ Suspect outrage. “But even while Republicans are outraged by Wells Fargo’s wrongdoing, all the Republican senators who spoke against the bank at today’s hearing have gone on record at various times in calling for the full repeal of President Obama’s financial regulation law—which would mean eliminating the agency that uncovered the wrongdoing and levied the biggest fines.” —Matthew Yglesias, “Republican senators outraged by Wells Fargo’s fraud want to eliminate the agency that uncovered it,” Vox
¶ "Now as through this world I ramble / I see lots of funny men / Some rob you with a six gun / And some with a fountain pen." —Woody Guthrie in "Pretty Boy Floyd"
¶ Confession. “In those years, people will say, we lost track / of the meaning of we, of you / we found ourselves / reduced to I / and the whole thing became / silly, ironic, terrible. . . . / But the great dark birds of
history screamed and plunged / into our personal weather.” —Adrienne Rich, “In Those Years.” Listen to a reading of the poem by Chelsea Tobin.
¶ “[The banks’] objective isn’t to control [war’s] conflict. It’s to control the debt that the conflict produces. You see, the real value of a conflict, the true value is in the debt that it creates. You control the debt, you control everything. You find this upsetting, yes? But this is the very essence of the banking industry, to make us all, whether we be nations or individuals, slaves to debt. —banking executive advice in “The International,” a film starring Clive Owen and Naomi Watts
¶ “We know now that Government by organized money is just as dangerous as Government by organized mob.” —President Franklin D. Roosevelt
¶ “‘[Martin Luther] King is so hot these days [because of his criticism of capitalism] that it looks like Marx coming to the White House,’ complained President John F. Kennedy in 1963.” —Zaid Jilani, “Martin Luther King Jr. Celebrations Overlook His Critiques of Capitalism and Militarism”
¶ Hymn of lamentation. “Padded with power here they come / International loan sharks backed by the guns / Of market hungry military profiteers / Whose word is a swamp and whose brow is smeared / With the blood
of the poor/” —Bruce Cockburn, “Call It Democracy” (Thanks Randy.)
¶ “Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” —Napoleon Bonaparte, Emperor of France, 1815
¶ “An infectious greed seemed to grip much of our business community,'' said Federal Reserve chairman Alan Greenspan in 2002. ''It is not,'' he added, ''that humans have become any more greedy than in generations past. It is that the avenues to express greed had grown so enormously.'' —quoted in Floyd Norris, “The Markets”
¶ Words of assurance. “I Know Who Holds Tomorrow,” Alison Krauss.
¶ Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all." —economist John Maynard Keynes
¶ Short story. Several centuries ago a Roman pope who was an avid patron of the arts is said to have surveyed the vast artistic riches he had amassed and to have gloated: "No longer can the Church of Jesus Christ say 'Silver and gold have I none.'" "True, Sire," a subordinate replied, "but then neither can she now say, 'Rise up and walk!'"
¶ "The proposal of any new law or regulation of commerce which comes from merchants and manufacturers should always be listened to with great precaution, and ought never to be adopted till after
having been long and carefully examined with the most suspicious attention." —Adam Smith, The Wealth of Nations
¶ Hymn of intercession. “Like a bird on the wire, / like a drunk in a midnight choir / I have tried in my way to be free. / Like a worm on a hook, / like a knight from some old fashioned book / I have saved all my ribbons for thee. / If I, if I have been unkind, / I hope that you can just let it go by.” —Johnny Cash singing Leonard Cohen’s “Bird on a Wire”
¶ “Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind and greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA.” —stockebroker Gordon Gecko, fictional character played by Michael Douglas, in his 1987 film “Wall Street”
¶ When only the blues will do. “I got me a fearless heart / Strong enough to get you through the scary part / It's been broken many times before / A fearless heart just comes back for more.” —Stevie Earl, “Fearless Heart”
¶ "Capitalism has defeated communism. It is now well on its way to defeating democracy." —David Korten
¶ Preach it. “A friend called last week to ask “What on earth are you going to say [about the election outcome]?” I responded, ‘Don’t know yet—still sorting through my own emotional reactions . . . something between
flamethrowing and fetal crouch.’ Those are typically our immediate reactions to threat.” —Ken Sehested, “New secrets, waiting to be found,” a post-election sermon. Or view a video of the sermon.
¶ Can’t makes this sh*t up. “PEACE OF MIND: Now available at a great rate. 3.00% APY 47-month CD/CD IRA.” —a 2003 Wachovia Bank ad
¶ Call to the table. “O see the darkness yielding / That tore the light apart / Come healing of the reason / Come healing of the heart.” —Leonard Cohen, “Come Healing”
¶ "We live in capitalism. Its power seems inescapable. So did the divine right of kings." —Ursula K. LeGuin
¶ The state of our disunion. “Oxford Dictionaries, standard-bearer for English language usage, has named “post-truth” as its international word of the year.“ —Alison Flood, The Guardian
¶ Best one-liner. “The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.” —Lord Acton, 19th century British politician and historian
¶ Millennia before Karl Marx posited wealth as the principle influence on human behavior, Jesus said “Where your treasure is, there your heart will be also.” —Matthew 6:21
¶ For the beauty of the earth. “A Bird ballet” (2:32 video), a starling flock’s aerial choreography, filmed by Neels Castillon, with Alt-J’s “Hand-made” musical background.
¶ Altar call. “Come close, sisters and brothers, all you who have journeyed to this House of Memory, to this
Table of Delight. All you anear, welcome!. All from afar, ¡bienvenido!” —continue reading Ken Sehested’s “Adelante—Keep Moving Forward,” a litany for worship
¶ Benediction. The profession of Jesus-oriented faith is hinged on the conviction that the future belongs to an insurgency against the rancorous reign of wealth. If next Sunday’s benediction doesn’t imply this mandate, ask why. —Ken Sehested
¶ Ten years ago. Maybe the most overlooked recipient of the Nobel Peace Prize was Muhammad Yunnis, the 2006 recipient, along with the Grameen Bank he founded in Bangladesh to give small loans, especially to women, to foster economic self-development. His example is important because of it indicates that economic justice must be part of peacebuilding work; and that on the small scale, free enterprise can be an engine for redemptive social change. Just recently Yunnis challenged president-elect Donald Trump to build
bridges instead of walls.
¶ Recessional. World Dance Federation, 2014 World Formation (This is worth the 8:14).
¶ Lectionary for Sunday next. Engraving of Isaiah 2:4 (left) in the Ralph Bunche Park across from the United Nations building in New York City. The park is named for Mr. Ralph Bunche, US diplomat who received the 1950 Nobel Peace Prize.
¶ Just for fun. “10+ People Who Turned Log Piling Into An Art Form,” Šarūnė Mac , boredpanda.com (Thanks Sally.)
# # #
Featured this week on prayer&politiks
• “Go to the hallowed abode,” a litany for worship inspired by Psalm 122
• “Adelante—Keep Moving Forward,” a litany for worship
• “Watching and Waiting in a Half-Spent Night,” a sermon based on Matthew 24:36-44
• “New secrets, waiting to be found,” a post-election sermon. Or view a video of the sermon.
Other features
• “Advent & Christmas resources for worship,” litanies, poems, sermons and new lyrics to old hymns
©Ken Sehested @ prayerandpolitiks.org. Language not otherwise indicated above is that of the editor. Don’t let the “copyright” notice keep you from circulating material you find here (and elsewhere in this site). Reprint permission is hereby granted in advance for noncommercial purposes.
Your comments are always welcomed. If you have news, views, notes or quotes to add to the list above, please do. If you like what you read, pass this along to your friends. You can reach me directly at kensehested@prayerandpolitiks.org.


Virginia.)
the New Yorker is 54 times more likely to be killed in the process. . . .
face from you so that God does not hear. For your hands are defiled with blood, and your fingers with iniquity; your lips have spoken lies, your tongue mutters wickedness.” —Isaiah 59:2-3
sharply restricted and only under licenses.” —for more see
the products safer and to limit access by people who are most likely to misuse them.” —Nicholas Kristoff, “
tourism. “DeSoto County, Florida, Honolulu, and Las Vegas practice aggressive marketing to lure gun-avid tourism. Said one new business owners in South Carolina, “The more people that get to shoot machine guns, the better. Combined with large-scale machine gun shoots and silencer shoots, we hope that some things about who is allowed to own these things and who isn’t changes.” —for more see
allow itself to be savaged again and again by its own citizens. We cannot understand how the long years of senseless murder, the Sandy Hooks and Orlandos and Columbines, have not proved to Americans that the gun is not a precious symbol of freedom, but a deadly cancer on their society.
(Thanks Don.) 

(1) The congressional majority has virtually nothing to show for their dominance of the executive and legislative branches of government in 2017; (2) they know the slightly different House and Senate plans are highly unpopular with the general public and need to be wrapped up before a popular revolt emerges; and (3) wealthy donors are already calling to say get-it-done-or-stop-calling.
Gaelynn Lea, who was born with brittle bone disease, confining her to a wheel chair, but writes and performs ballads by playing a violin upright, like a cello. (
on coveting (Exod. 20:17).” —Walter Brueggemann, Money and Possessions
economist at Tax Analysts. By 2027, that share rises to 61% under the House bill, which phases down some of the provisions that help middle-class families.” —Catherine Rampell, “
measured countries [in the Organization for Economic Cooperation and Development] except Korea, Chile, and Mexico. . . . [D]eductions and other tax strategies mean relatively few US corporations actually get stuck paying the maximum nominal 35% rate, instead paying about 20% on average.” —
our government to get serious about shared sacrifice.” —
in 2012. In fact, 18 major companies actually got tax rebates.” —sources:
families. —for more see Nathaniel Weixel, “
in low-tax havens and what that means for government coffers. He’s found that 63% of foreign profits made by American multinational corporations are stuffed in these subsidiaries and accounts, depriving the country of about $70 billion in tax revenue each year.” —Bryce Covert, “
Concerto in D after Vivaldi, 2nd movement"
©Ken Sehested @ prayerandpolitiks.org. Language not otherwise indicated above is that of the editor, as are those portions cited as “kls.” Don’t let the “copyright” notice keep you from circulating material you find here (and elsewhere in this site). Reprint permission is hereby granted in advance for noncommercial purposes.
Papaver rhoeas, known variously as the Flanders poppy, corn poppy, red poppy and corn rose.
ident Woodrow Wilson, the “war to end all wars” which would “make the world safe for democracy.”
be’s first industrialized war. The exuberance of humankind’s burst of scientific discovery in the late 19th century dramatically increased the capacity for mechanized killing. Machine guns, submarines, airplanes, and tanks were “force multipliers” (to use current military jargon).
of disparity without positive detriment to our national security. To do so we will have to dispense with all sentimentality and day-dreaming; and our attention will have to be concentrated everywhere on our immediate national objectives….
mass destruction—brought a measure of confidence that the invasion would be further delayed. The anti-war war movement was indeed mobilizing like never before.
simultaneous commitment to the process of spiritual formation—only compound the crisis. Doing so has the effect of feeding our children to the very beast whose appetite swells with every fare. If our political vocation lacks anchorage in spiritual transformation, then we can only expect more of the same, only worse. You know what they say about computers: garbage in, garbage out.
Gentiles came on the heels of another night vision, of a “man from Macedonia pleading with him and saying, ‘Come over to Macedonia and help us’” (16:9). The tradition continues—especially in works like St. John of the Cross’s Dark Night of the Soul—up through modern poets like Rilke and Berry.
s a ramshackle structure, long since forgotten by the landlord. Her only source of heat was one small gas heater, and she spent frigid days sitting next to it, wrapped in a blanket.
religious restrictions. It wasn’t until the 1850s that property requirements were dropped. It would be well over a century before women were granted the right; and another half century still before the majority of African Americans secured the right.
than in polling stations every year. Elections are but the end result of an advocacy for the common good that starts in each watershed.” —continue reading “
outings, when no strain threatens our budget. It takes little faith to acknowledge God’s goodness when terror remains at a distance. Bring us into the presence of widows whose faith is stronger than famine. Send Elijah to accompany us to the place where hope outstrips horror.” —continue reading “
• “It is more likely that an individual will be struck by lightning than he will impersonate another voter at the polls.” —
voters, 70% of them African American, under his “exact match” policy.
hey Would Have Given Us Candidates.” —Jim Hightower book title
ay that it gets metabolized into acts of love.” —Eugene H. Peterson
¶ Just for fun. Amazing 
nothing without a demand.” Be demanding. Justice often requires the painful work of delegitimizing existing power arrangements before reconstruction can occur.
Mead said. “Indeed, it's the only thing that ever has.”
photographers from behind barbed wire, / who can’t bound down the street in a new pair of sneakers, / who are born in places we wouldn’t be caught dead, who never go to the circus, who live in an X-rated world.” —continue reading Ina J. Hughes’ “
people, three languages in Haifa all singing “
have no power here / I will stand fast.” —Fred Small, “
is a cliff and if the children in the play wander too close and fall, he would be there to protect them.” —Mary Lou Kownacki, OSB, The Nonviolent Moment: Spirituality for the 21st Century
York Times
its highest level ever, according to a report by The New York Times. Data obtained by the Times showed that 12,800 children were detained in federal custody this month, compared to 2,400 children detained in May 2017.” —
made some huge mistakes / And that’s how we now find ourselves in this tenuous place. / Teach them that hate is the poison. / Teach them that love is the remedy, / That it is better to be readied for what comes next, / Even if the revelation is painful.” —read 
School teacher asked us to read the passages from some of the New Testament letters of Paul (like Colossians 3:5). And then we asked what that word meant and suddenly the teacher’s expression looked like an 18-wheeler was headed right for us.
an 8000-year-old law of God.”
them.” (Genesis 1: 27) In the second creation story in Genesis (2:24—yes, there are two): "Therefore a man leaves his father and his mother and clings to his woman; and they become one flesh." (Knust translation)
stoned to death in the town square. (Deuteronomy 22: 18-21) Many of us would not be alive today if we still obeyed that law.
lodge, I will lodge; your people will be my people, and your God my God" (Ruth 1: 16). Those beautiful words were spoken from one widow to another widow. Ruth courageously said them to Naomi as they forged a path in a treacherous and harsh world without husbands.
love right now?
controversy. It was mostly from prisoners who were dismayed about my biblical interpretation or angry because I did not use the 1611 King James version of the Bible. And of course my gender has always been a stumbling block for some of the prisoners.