Word: protections
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...banks that have collapsed or merged under pressure, insurance companies are tightly regulated, mostly by the states. The companies are required to keep vast sums of cash and short term investments to be able to pay off policies, and they are required to pay into state funds to protect policy holders in case one of the companies should ever fail...
Sarbanes-Oxley is not popular among free-market advocates. "I know," says Levine, "people involved in all this will say that they wanted to maximize shareholder value." But he thinks that today's capitalism needs to be a little more bounded in order to protect the possible victims of its excesses. That term includes the poor man who mistakenly takes an impossible mortgage. But increasingly it may mean all of us. In regulating, says the rabbi-economist, "we have to imitate God, in the way He shows compassion and mercy when he deals with mankind...
Like all other animals, our species emerged in a world where there was critical value in distinguishing between members of your own tribe--who nurture you and protect you--and members of other tribes, who see you as a competitor for food and mates. Your very survival can turn on making this distinction quickly and reliably; as a result, the primal wiring that makes such discrimination possible is not very easy to disconnect. And in a culture like ours, in which race is an issue we grapple with nearly every day, the impulse may have heightened over time...
...service at the Wasilla Assembly of God Church, the Pentecostal church that Palin attended for most of her life. In the scene captured on video, Palin stands at the front of the sanctuary while a visiting African pastor prays that God will help her gubernatorial campaign and protect her "from every form of witchcraft." Later in the same service, the pastor complains that "Israelites" held too many prominent positions in business, a comment that has further alienated Jewish voters...
...fact is that Palin's most consistent religious home has been the Pentecostal church of her youth. Though her family left the Wasilla Assembly of God in 2002, just before she launched her campaign for lieutenant governor, Palin has continued to return. The now famous prayer to protect her from witchcraft took place during a visit in 2005, three years after Palin's official departure. She returned again as recently as June 2008, making reference to that earlier service and crediting the African pastor's prayer with leading her to gubernatorial victory. And when she works from the state capital...