Rumors are flying about a possible hearing involving Standard & Poor’s. It is believed the Senate Banking Committee is gathering information on the credit rating agency. Disgruntled over the loss of the government’s AAA rating, the rumored investigation is believed to be sparked by Treasury Department officials claiming that S&P’s judgment was affected by an error that overstated national debt projections by $2 trillion. And in the House, a few Republicans are wondering about talks S&P executives had with Treasury...

The recent English riots, soaked as they are in unrestrained Marxism, bring to mind one of the 20th century’s great anti-Marxists, the British novelist Evelyn Waugh. Waugh was a staunch—even curmudgeonly—defender of social order, and a derisive critic of Marxism, calling it in The Tablet “the opiate of the people.” Waugh would no doubt have been a booster of the Acton Institute (his best man was Lord Acton’s grand nephew), and a passage in his 1945 classic Brideshead Revisited artfully...

My contribution to today’s Acton News & Commentary. Sign up for the free weekly Acton email newsletter here. Protect the Poor, Not Poverty Programs By John Couretas One of the disturbing aspects of the liberal/progressive faith campaign known as the Circle of Protection is that its organizers have such little regard – indeed are blind to — the innate freedom of the human person. Their campaign, which has published “A Statement on Why We Need to Protect Programs for the...

Standard and Poor’s decision to downgrade the United States’ credit rating has everyone talking. Discussion has ranged from we shouldn’t take Standard and Poor’s decision seriously at all to this could be the beginning of the end for the United States if it doesn’t make immediate changes. In a roundup published by National Review Online, Samuel Gregg weighs in on how the credit downgrade should be understood: There are many reasons to be cynical about ratings agencies. These are, after...

Last week the Federal Circuit Courthanded down what seemed to many a funny decision: that human genes are patentable. Myriad Genetics owns patents for two tumor suppressor genes, BRCA1 and BRCA2 (mutations of these genes are correlated with increased incidence of breast cancer, making them of great interest to doctors and scientists). Myriad was sued by doctors and researchers who claim that genes fall into the category of “products of nature,” which makes them unpatentable, but the court disagreed. Myriad’s...

Update: If you missed yesterday’s show here is the entire interview with Wayne Grudem. [audio: Today at 5 p.m. Wayne Grudem will be a guest on the Kresta in the Afternoon radio show on Ave Maria Radio. Grudem was interviewed in the Spring issue of Religion & Liberty . Grudem, the author of many books, also penned Politics According to the Bible and Business for the Glory of God. You can listen live to the interview at 5 p.m. here....

World Youth Day being held in Madrid August 16-21 will be an important opportunity for Pope Benedict XVI to speak regarding Europe’s Christian roots. George Weigel summarized some remarks from the Holy Father to religious and cultural leaders in Zagreb, Croatia. The pope spoke on many important topics including freedom, free society, human rights, and democracy. It is important to note that though obvious to many Americans, these points are still “wildly counter-cultural” in Europe. Like Weigel, I hope someone...

British Prime Minister David Cameron and Labour Party leader Ed Miliband both weighed in on a moral decline that was exposed during the recent riots in Britain. An AP article titled “Cameron: Riot hit-UK must reverse ‘moral collapse'” covers their contrasting diagnosis and solutions: Britain must confront a culture of laziness, irresponsibility and selfishness that fueled four days of riots which left five people dead, thousands facing criminal charges and hundreds of millions in damages, Prime Minister David Cameron acknowledged...

Uwe Siemon-Netto, a journalist and Lutheran theologian, reflects on the ing half-century anniversary of the construction of the Berlin Wall, “And the wall fell down flat.” He relates the story of the Christian peace movement and its role in tearing down the spiritual walls that helped to hold up the Berlin Wall. He talks about the social and spiritual consequences of the flight of so many from East Germany to West Germany: “By the time East German leader Walter Ulbricht...

Yesterday it was announced by the State Department that the United States will provide an additional $105 million in aid to famine-stricken East Africa (we had previously contributed $405 million to fight drought in the region). Vice President Biden’s wife has just returned from a humanitarian visit, where she visited a camp of starving refugees and met with Kenyan leaders who are dealing with an influx of famished Somalis. Said Jill of her trip, One of the reasons to be...