NUNS, MORMONS & RELATED INFO.

TIME(2006) 11/20

53/Schmidt & Cullen

With the decline of males in the priesthood, a wildcard is emerging. In the USA, more young women are seeking to become Nuns. It is not easy, however, they want to wear the veil and also keep their blog.

Women in their 20's and 30's, are seeking this religious sisterhood. Making money or housewifery is less attractive than serving in the church that they generally know since childhood. In 1965, the peak was nearly 180, 000 Nuns. However today, it is around 80,000.The veil is the important

distinction in announcing to the world that they have joined an order.

Why this is occurring now is subject to a number of conjectures. However, the movement goes to the heart of a society turned a tad bit cold and very materialistic. Yet, no one knows for sure.

THE NEW REPUBLIC (2006) 11/20

21-25/

The LDS or Mormons have been rejected by Evangelicals. They believe that Mormons use the image and language of Jesus, but reject the account of Joseph Smith and Angel Morini with golden plates. There are now emerging Anti-Mormon Evangelical ministries. The LDS is the fastest growing religion OR Christian denomination in the country. Although they are every where,

there is a large and vast population in Utah and surrounding areas.

All this makes it hard for a Republican candidate like Mitt Romney. Although he was elected

as Governor of Massachusetts. That doesn't count. Massachusetts is one of the most liberal states in the country. So the question rises, how will Romney do in red state country? The answer at the moment is that it will be very hard for him. Evangelicals want one of their own. Romney is not it.

BUSINESS WEEK (2006) 11/20

57-62/ Mandel

No one party can control the economy anymore. Why? As the market forces become more

globalized, we may  have gotten into a Faustian bargain. We owe money predominantly to China and Japan. Jobs are outsourced and some foreign companies are coming here to produce goods or services. It is the wild west. Will the Federal Central Bank work anymore? The broad based drop in incomes in due to China and India as well as keeping wages artificially low. Should there be a World Central Bank?

Traditional macro forces to stimulate the economy might not work any longer. The author then makes some suggestions, but acknowledges that they also may not be salient. Any  protectionist legislation or wage insurance for workers was not discussed. It is assumed that globalization is a good thing and that only trial and error can get us out of a downward spiral for workers or a world wide recession that even impacts the very richest.