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A Strong Dose of Mo Needed August 23rd, 2013
Five years after the near meltdown of the global financial system, federal regulators are still struggling to institute reforms, and build in protections for the millions of ordinary consumers exposed to risk due to a lack of regulation. They are up against the banks and other financial firms, which have spent billions on lobbying against the proposed regulations.
In this recent blogpost, Fr. Seamus Finn, OMI calls on everyone to remember how close the global system came to utter disaster, and how much the lives of ordinary people were turned upside down.
He argues, “We need to get the rules and regulations that respond to real needs and to the needs of communities across the country. The social purpose of the financial system and the institutions that operate in that space must be given priority over quarterly profit goals and expectations.”
“This would be a good time for all banks and their trade associations to work more constructively with regulators to keep the momentum going in the right direction, to restore confidence and rebuild trust.”
Follow Rev. Seamus P. Finn, OMI on Twitter: www.twitter.com/SeamusPFinn
Stop Trafficking of Children and Teens! August 21st, 2013
Read the latest issue of Stop Trafficking!, the Anti-Human Trafficking Newsletter to promote Awareness, Advocacy and Action. This issue focuses on Trafficked Children and Teens.
Older issues and handouts on specific subjects are also available here…
Stop Trafficking! is made possible through the supportive sponsorship of national and international congregations of women religious and their partners.
Come, Broaden Your Vision at OMI La Vista Ecological Learning Center… August 21st, 2013
Learn about the La Vista Earth Literacy Program, “Exploring the Sacred Universe,” that was held in early August. Fr. Antonio Ponce, OMI attended the program and made this video to share the experience more broadly.
50th Anniversary of the March on Washington August 21st, 2013
On August 28, 2013 citizens from across the United States will converge on Washington to commemorate and celebrate the historic March On Washington that took place 50 years ago on August 28, 1963.
Following the March for Jobs and Justice, President Obama will speak to the nation from the steps of the Lincoln Memorial, the same spot from which Dr. Martin Luther King issued his famous “I had a dream” speech. The Lincoln Memorial Commemoration activities are designed to commemorate and continue the pressure for civil rights and economic justice pursued by Dr. King and civil rights advocates 50 years ago. Information for the celebration can be found on the 50th Anniversary March on Washington website.
We invite your reflections on this historic day. Were you present at the March in 1963? We are collecting stories from people who were there to march for jobs and freedom. Send your recollections and reflections to jpic@omiusa.org in the JPIC Office and we will post them to the website.
Norway Conducts First Creditor Debt Audit August 20th, 2013
August 15 was an historic day for international debt justice. The Norwegian government launched the world’s first audit commissioned by a creditor, which evaluated the debt that developing countries owe to Norway. The report found that four of the 34 contracts were not in line with the UN Principles for Promoting Responsible Sovereign Lending and Borrowing from the UN Conference for Trade and Development (the UNCTAD Principles).
