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GREED: The Mother of All Deadly Sins

In a world where a few live like kings, many exist as paupers, and astonishing numbers are dying of starvation, why is there such a deafening silence on the topic of wealth and poverty in our churches, particularly in this time of great economic distress? It’s got to be distressing to your congregants. Riots have broken out in Germany, Turkey, Spain, Italy, Greece, Japan, S. Korea, Russia and France due to our crippling recession.
Most pastors would not touch the topic, I learned. Now, there are some exceptions: The Church of England's two most senior clerics strongly condemned some share traders as "bank robbers" and called for more government regulation of capitalism's greedier instincts. The U.S. Conference of Catholic Bishops urged White House and congressional officials to consider the human impact of the financial crisis in their efforts to rescue the economy from, "the scandalous search for excessive economic rewards even to the point of dangerous speculation that exacerbates the pain and losses of the more vulnerable are egregious examples of an economic ethic that places economic gain above all other values."
In 1987, Michael Douglas won an Oscar for Best Actor in the movie Wall Street. In it, Douglas played the role of Gordon Gekko, a fiendishly avaricious stock market speculator. To thunderous applause, in one of the climactic scenes of the film, Douglas alias Gekko tells his adoring audience: "There's a new law of evolution in corporate America. Greed is good."
It is a quote that was to become an accepted motto for the decades that followed. Many cultural analysts define the eighties and nineties as "decades of greed" -- a time when only money counted and it didn't matter how you got it. It became socially acceptable to desire excessive amounts of material possessions. Greed became not only accepted; it was encouraged.
"An imbalance between rich and poor is the oldest and most fatal ailment of all republics. -Plato
Greed in America, view:
http://www.youtube.com/watch?v=H4rFVppxTXg
http://www.youtube.com/watch?v=N8RsFwsODzE
Today greed is not only accepted as a good, it's encouraged in ways that would have seemed utterly impossible years ago. There couldn't have been a more outlandish illustration of our idealization of greed than Fox network's brilliant concept for a show called Who Wants To Marry A Multi-millionaire? Thousands of contestants competed to marry a man they hadn't dated or even met just because he was a "multi-millionaire." Encouraging this gross display of greed were the more than twenty million people who actually tuned in to the premier show.
What would Jesus say? Contrary to Gekko's conclusion, greed is not good. "Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. . . . You cannot serve both God and Money." Although current events show that we continue to try, our Christian faith exhorts us to change our ways.
One pastor who said he would preach on greed, listed the following notes:
Only twice before over the last century has 5 percent of the national U.S. income gone to families in the upper one-one-hundredth of a percent of the income distribution — currently, the almost 15,000 families with incomes of $9.5 million or more a year, according to an analysis of tax returns by the economists Emmanuel Saez at the University of California, Berkeley and Thomas Piketty at the Paris School of Economics. Such concentration at the very top occurred in 1915 and 1916, as the Gilded Age was ending, and again briefly in the late 1920s, before the stock market crash. Now it is back,
According to Executive Excess 2007, a study released in August by the Institute for Policy Studies and United for a Fair Economy, the 20 highest-paid fund managers made an average of $657.5 million --22,255 times the average annual U.S. salary of $29,500. This is not only an immoral way to treat the middle class and working Americans on whose backs this country's economy has been erected. It also provides an atmosphere ripe for the kind of political corruption to which we have all become accustomed in these recent years. Furthermore, this increasing subjugation of everone except those at the very top of the income ladder is dangerous for a democracy, as any historian can tell you.
"There is enough in the world for everyone's need, but not enough for everyone's greed." —Frank Buchman on Greed
"The point is that you can't be too greedy." —Donald Trump on Greed
"You Pharisees are so careful to clean the outside of the cup and the dish, but inside you are still filthy--full of greed and wickedness! – Jesus
Here are some interesting videos on Greed.
http://www.youtube.com/watch?v=nHOyrZPqunI
http://www.youtube.com/watch?v=7Jdi20kfIPY