Tag: Indiana

Asterisk Morality

 

Morality with an asterisk differs from hypocrisy in that people engaging in it apply double standards to third parties, and not necessarily to themselves. For instance, when the Reverend Franklin Graham recently called on Democratic presidential candidate and South Bend, Indiana, Mayor Pete Buttigieg to repent for his homosexuality, which the Rev. Graham claims is a sin according to the Bible, he appears to have ignored sinning on the part of his favored politician, the current president, who numbers serial adultery among his transgressions. That is asterisk morality.

 

Overlooking sin or defective character when it comes from a political favorite is nothing new for the Rev. Graham, his late father, or white evangelical Christians generally. They do not apply the same standards of forgiveness to their political opponents. When their politician stands accused of misdeeds in the forum of public opinion, the charges are fictional, a smear; but when they have the slightest opportunity, white evangelical Christians do not hesitate smear their political opponents, usually citing the Bible. Where is that Bible when examining the character of Their Guy (almost always a man, and certainly an avowed heterosexual man)? That is asterisk morality.

Billy Graham and Richard Nixon
President Richard Nixon in the Oval Office with the Reverend Billy Graham, father of Franklin Graham, on August 10, 1971. Hobnobbing with presidents who perceive themselves as above the law appears to be a family tradition. Photo from the National Archives.

It would be interesting to see if the Rev. Graham might withhold criticism of Mr. Buttigieg’s personal life if their political views aligned. In reference to the character of the current president, the Rev. Graham appears to have no publicly stated misgivings, and is enthusiastic about him in every respect. All this politicking by the Rev. Graham and other white evangelical Christians is clearly in violation of the 1954 Johnson Amendment to the United States tax code, which was intended to restrict the ability of tax exempt organizations such as churches to engage in partisan politics. It has been laxly enforced. The current president has pledged to abolish the Johnson Amendment. Maybe if Mr. Buttigieg did the same, he too could be without sin* in the eyes of the Rev. Graham and his flock.
— Vita

* As long as he advocates political policies favored by white evangelical Christians. Amen.

 

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Three Sisters

 

The Three Sisters of Native American agriculture are corn, beans, and squash, grown together where they can complement each other and, when eaten together such as in succotash, they can complement each other nutritionally. The Three Sisters get on so well together that it’s tempting to ascribe their harmonious relationship to one of the many Native American legends describing it, ignoring the thousands of years of human trial and error, experimentation, and opportunistic capitalization on circumstance that played into the development of the relationship.

 

Corn provides a tall stalk for the bean vines to climb upon, and her deep roots help stabilize the soil and pull up nutrients from deep down. Beans fix nitrogen from the air, providing fertilizer for herself and her two sisters. Squash sprawls on the ground where her large, prickly leaves keep away some pests and provide a living mulch for her sisters, keeping the soil moist and inhibiting weeds.

Three Sisters 6389
Gateway image of the Three Sisters of Native American agriculture: corn, beans, and squash at Little Turtle Waterway in Logansport, Indiana. Photo by Chris Light.

The nutrients available from all three plants provide most of what a person needs. Add to that the capacity for all three to keep dried in storage through the winter, and it’s easy to understand how Native Americans in North America adopted them as the foundation of their diet. This Thanksgiving, along with hearing or reading some entertaining and philosophically informative legends about the Three Sisters, there can be great enjoyment in tasting one of the many recipes for succotash as part of the holiday dinner.

“Single Girl, Married Girl”, an Americana song from the Carter Family catalog, sung by The Haden Triplets on their eponymous 2014 album, produced by Ry Cooder. The song, the singers, and the producer all share deep roots in American music. For more of The Haden Triplets, view their NPR Music Tiny Desk Concert, where they lead off a four song set with “Single Girl, Married Girl”.

Most succotash (derived from a Native American word, like numerous others) consists of a base of corn and beans, leaving out the squash, but for autumn dining, and especially for Thanksgiving with its reminders of the autumn harvest and the debt of European immigrants to Native Americans, adding squash to a succotash recipe can only improve it for the season. The squash and its seeds will add many of the benefits a person could get from eating turkey, another native of North America, including tryptophan, the chemical many believe is responsible for a satisfied diner’s desire to relax on a couch after Thanksgiving dinner, as well as lazily escaping from kitchen cleanup duty.
— Izzy

 

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30 Years and 16 Tons

 

Paying off a mortgage is a wonderful thing, and something that is more remarkable now than it was forty or fifty years ago. Tighter lending standards since the burst of the housing bubble in 2008, and the Great Recession that followed, mean fewer people are qualifying for mortgages now, but the people who currently have mortgages are less likely to ever pay them off because low interest rates mean they will refinance at least once, resetting the clock.

 

Until the 1930s, mortgages were an uncommon way to purchase a house, and mortgages with 15 or 30 year terms were unheard of. House buyers put as much as 50% down, and the mortgage was for three to five years, all of it interest. At the end of the term, a balloon payment for the remaining principal was due, and it’s not surprising there was a high default rate. The federal government changed the mortgage market in the 1930s by stepping in and insuring lenders against the risk of default on certain approved loans, and later by buying those loans to sell as securities in financial markets.

AC Mortgage Burning Party
Mortgage burning party of the Antelope Club of Indianapolis, Indiana, in June 1977; photo by Sheariner.

The modern mortgage market followed from those New Deal policies and the establishment of the Federal Housing Administration (FHA). After World War II, the Veterans Administration (VA) gave another boost to home ownership rates by insuring mortgage loans to veterans with no down payment. The demand for new housing was so great that mass production methods came to house construction and the firm of Levitt & Sons built what would be called Levittown on Long Island, New York, a planned community of over 17,000 houses they built between 1947 and 1951.

 

Subprime Mortgage Offer
The window sign of a mortgage lender in July 2008, offering subprime mortgages; photo by The Truth About.
Housing and mortgage markets stayed healthy through the 1970s, but by the 1980s they turned down when interest rates spiked past 10% nearly to 20%, and wages for middle and working class people started stagnating, as measured against inflation. As home ownership rates slipped, the federal government in the 1980s and 1990s deregulated the financial sector of the economy, loosening restrictions on lending, and especially on the financial instruments related to mortgages. For Wall Street, the doors to the candy store had been flung open.

 

Home ownership rates hit an all time high by 2005, when the bubble was inflated to its biggest extent. That’s not surprising considering all the shady wheeling and dealing going on at the time. What’s also not surprising was what happened next, when the bubble burst – millions of new homeowners defaulting on their mortgages and the housing market tanking; while the Wall Street financiers, and the federal legislators and regulators who were supposed to keep a watchful eye on them, all walked away with hardly a scratch.

Tennessee Ernie Ford sings his number one hit “Sixteen Tons” in this 1955 television appearance.

 

The Wall Street people and their media mouthpieces tried to blame the homeowners for taking on more debt than they could afford. Meanwhile, the taxpayer bailout of Wall Street in 2008 and 2009 did almost nothing to help those homeowners. They weren’t bailed out. No trickle down economics for them. Through all that, the wages of middle and working class people that started stagnating in the 1980s have stayed flat. People who acquired a 30 year mortgage in the 1990s, when the market was turning up, still have to make their payments each month.

From the Monty Python’s Flying Circus television show on the BBC in the late 1960s and early 1970s.

 

Meanwhile, their other costs of living have gone up, such as the student debt for their children who may now be, in the 2010s, graduating from college. That’s assuming they can help their children pay for college; if not, the children will be saddled with such an onerous debt upon graduation they may not feel ready for a mortgage of their own until they are in their 40s. Who can blame current homeowners (in name only, and not in deed), these indentured servants, these wage slaves, for continually turning to their homes as a source of funds by refinancing again and again, to the point they will never have a mortgage burning party? The only economic positives they see are the low interest rates that make refinancing an attractive, and maybe a sole, option for clinging to the American Dream.
― Vita

 

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