Rabbi Shmuley Boteach spoke with BiblEconomy about the roots of the financial crisis and how we transcend it.
“The collapse of our economy was caused not by an economic crisis but a spiritual crisis called greed, where you become voracious and insatiable. I believe that the Jewish community, and the Jewish religion has unique values that need [...]

The Dallas Morning News’ Religion Blog convened a “Texas Panel” to ruminate over faith and the famous CNBC Rick Santelli monologue. Deal Hudson, director of InsideCatholic.com made this observation:
There is no obligation whatsoever for the government to “bail out” banks, investment firms, or individual homeowners who can’t pay their mortgages. The reason the government has started [...]

The Salt Lake Tribune reports on the religious debate: should responsible taxpayers who took out affordable mortgages bail out those who didn’t?
Is it ethical for others to foot the bill for your bad financial decisions? And is it ethical to say no to those pleas for help?
The article quotes Mu Soeng, a Buddhist studies [...]

In his Washington Post/On Faith column, “Our Brothers’ Keepers, Not their Guarantors,” Rabbi Brad Hirschfield cites the Cain and Abel story to support bailing out even those who behaved irresponsibly, offering a different take than this famous TV clip arguing the government’s subsidy of “losers’ mortgages” promotes bad behavior.
When God asks him where his brother is, Cain [...]

In a column detailing how we piled on debt from 2004-2008, Ralph R. Mabey in the Mormon Times has a good line to help us focus our future priorities:
In Elder Joseph B. Wirthlin’s words, we unwisely based our spending much more on our “yearnings” than our “earnings.”

Was the Tower of Babel the first subprime mortgage crisis? Look at Genesis 11:1-9.
Everyone on Earth spoke one language. They settled on a plain in the land of Shinar where they decided to build a city and a tower that reached the heavens. Why? The Bible says it was to “make a name for ourselves.” In [...]