American Consequences - November 2017

From Editor in Chief P.J. O’Rourke

LETTER FROM THE EDITOR

JUBILEE – AWORTHWHILE ACTION? MAYBE NOT... BUT AWORTHWHILE THOUGHT FOR SURE

B iblical exegesis is not my strong point. I’m not even completely sure what “exegesis” means. (Looked it up: “explanation, critical analysis, interpretation.”) If our parish priest – kindly man though he is – caught me doing that with the Bible, I’d probably be saying “Hail Marys” and “Our Fathers” until the Holy Virgin and God got tired of listening. Nonetheless, I’d like to weigh in on something the Bible says about the theme of this American Consequences issue: Debt .

You’ll find a few general warnings about the dangers of debt in the Bible... Psalm 37:21 The wicked borroweth, and payeth not again: but the righteous sheweth mercy, and giveth. And one very specific “solution”... Individuals, private businesses, corporations, countries, continents, and the whole damn world are now so overburdened with debt that we may be facing a “ Jubilee ” – a rare and dramatic event where some or even all debt is canceled.

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6 | November 2017

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