-
Dodging the Bullet in Palm Beach
The town of Palm Beach does indeed have a lot to be thankful for, as investment manager Robert Harvey steered them clear of one subprime meltdown:
Independent money manager Robert Harvey, of Palm Beach, will receive kudos at the Town Council meeting for his vigilance about the risk to $51 million the town had invested in the Florida Fund.
The state-run Local Government Investment Pool, once the nation’s largest at $32 billion, was frozen by state administrators on Nov. 29, less than 24 hours after Harvey persuaded Palm Beach officials to withdraw the town’s entire holdings…Harvey, chairman of Harvey Capital Management on Royal Palm Way, was chairman of the Town of Palm Beach Retirement System for a decade in the 1990s.
He will be accompanied today by his son, Alexander Harvey, whom he credits for bringing a troubling Bloomberg News report about the Florida Fund to his attention Nov. 28.
That day, he e-mailed Town Manager Peter Elwell and Finance Director Jane Struder. He followed up with voice mails to make sure they had seen his notes.
After examining the situation, Elwell and Struder told Harvey that the situation was worse than they’d realized, he said.
"They decided that afternoon, at 2:30, to withdraw, and within two hours they were out," he said.
Florida issued a freeze on the pool the next day, catching many local governments short of cash. One was Port St. Lucie, which had invested $135 million in the pool the same day Harvey was alerting Palm Beach.
A good deal of the key to survival in the current economic climate is in avoiding (or getting out of) bad investments as much as picking good ones.
-
Too Many Cooks Make a Megachurch
There’s been very little said in the Evangelical press about the election of a committed Christian, Lee Myung-bak, as President of the Republic of Korea. Given our current woes with our own "Evangelical," this may be understandable.
His position has caused some consternation with non-Christians in Korea (which make up 70% of the population.) But that not only didn’t stop him from being elected President, but before that being head of the Hyundai conglomerate. (I’m not aware that an Evangelical has ever been at the head of an American corporation that large.)
But that’s not all that’s different from the U.S. In the article, Sunny Lee notes the following:
The Somang Presbyterian Church where Lee and his wife, Kim Yoon-ok, a deaconess, attend has 70,000 registered attendants managed by 20 pastors. In addition, Lee Kyung-sook, the head of Lee’s Presidential Transition Committee, other church members are the president-elect’s brother Lee Sang-deuk, who is also the vice speaker of the National Assembly; lawmaker Chung Mong-jun, who last week met with US President George W Bush in Washington as the president-elect’s envoy; Yoon Young-kwan, the ex-foreign minister; Hong In-ki, ex-head of the Korea Stock Exchange; Kim Shin-bae, chief executive officer of SK Telecom who sat next to Google chief Eric Schmidt at the recent Davos World Economic Forum in Switzerland. And the list goes on …
Twenty pastors? What American church would have twenty pastors? Actually, most of these pastors are associate pastors of the various "districts" that the church is divided into. Asian megachurches are much better than their American counterparts in dividing their churches into small groups with an elaborate elder/pastor structure to hold things together, which explains why they can sustain such large churches.
American Evangelicalism and the megachurches it has spawned is too driven by personalities, both at the senior pastoral level and in the parachurch organisations. We’re constantly being exhorted to copy the Asians in our prayer lives, but let’s try to reduce the "ego" factor at the top.
Perhaps when we do our churches will see their members head the stock exchange and attend the Davos conference and…but that’s too Biblical. It would require that leaders, like John the Baptist, decrease so that Jesus Christ would increase. Perish the thought!
-
The Steps of Brian McLaren
This week’s podcast is Every Step I Take from Brian McLaren’s album Learning How To Love, which is available from Heavenly Grooves.
Ken Scott, the Archivist for "Jesus Music," wondered who had ever heard of Brian McLaren. Well, many, as it turns out, for now he listed as one of Time Magazine’s top 25 evangelical leaders. It’s interesting to hear him sing of an outline of his future life in this song, then actually do it.McLaren is one of the leaders of the "Emerging Church," and is now starting a tour to promote his new book, Everything Must Change, and the ideas that go with it. As regular readers of this blog may have figured out, I have some serious issues with the Emerging Church, and many of them are the same ones I clashed with liberals in the Episcopal Church (and for that matter the Roman Catholic Church.) Let me concentrate on one of them, namely the issue of eternity.
He’s kicking off his tour in Charlotte, NC, this weekend, and had the following exchange with Tim Funk of the Charlotte Observer:
Q. You say that many Christians should start by replacing the idea of getting themselves and others "saved" so they can go to heaven — the evacuation plan, I think you call with — with this idea of getting out there, in the here and now, and healing the hurts of the world. So when Jesus said, "As the father sent me, so I sent you," he was talking not really about conversions but about tackling the world’s crises — Is that right?
A. Actually, I would put the two together. If we keep recruiting people to evacuate the earth, then every person who gets saved is, in some ways, taken out of the action. It’s like going to the bench of people who want to play in a football game and trying to recruit them to leave the (stadium) altogether.
A better image would be: What Jesus is asking us to do is go into the stands and recruit some people to come on the field and join us to play. The recruiting of new disciples is really connected to wanting to make a difference in the world.
I’ve gone on at length about the centrality of our eternal destiny in Eternity is Still What Matters, but there are several things about McLaren’s idea that need a response:
- Evangelical churches–the name notwithstanding–on the whole are not as focused on evangelism as McLaren makes them out to be. He should try to work for a ministry which promotes and trains lay people for personal evangelism and see the general indifference for himself. (Barna’s statistics bear that out, BTW.)
- His concern for discipleship is admirable, but if people have not experienced the saving power of Jesus Christ as their Lord and Saviour, then discipleship is irrelevant.
- His hard work to develop an alternative to conservative American Evangelical politics is ironic when juxtaposed with his reservations about the "fire insurance" approach to Christianity he decries. In the days when he made Learning How To Love, most American Evangelicals concentrated on evangelism and stayed out of politics. The shift into politics is in some ways a shift away from evangelism and church life as the central vehicle for living out the Gospel, irrespective of the fact that political involvement was initially driven by necessity. Moving the church in yet another political direction–even if cloaked in the garb of "social justice"–will have the same effect on Evangelical churches it has had on liberal ones, i.e., drain their energy from the mission of the church.
- Neither McLaren nor most American Evangelicals have grasped the central fact that the lure of eternal life with God is best appreciated in the context of the difficulties of this one. That’s certainly the case with me and many others, but that’s something else that has fallen victim to Boomer triumphalism, especially when coupled with prosperity teaching. (I share McLaren’s ambivalence on this subject, but not necessarily for the same reasons.) I’d like to solve many of the world’s problems too, but am all too aware that things will inevitably get bogged down in patronage and power holder politics, which is reason enough to be leery of "social justice" movements.
McLaren’s right that we need a new paradigm of Christianity in the U.S. But what that paradigm should be isn’t as clear as many in the "Emerging Church" movement would have us believe. To me too much of this is old liberalism tried again, and like Karl Marx used to say, history repeats itself, the first time as a tragedy and the second as a farce.
Note: there are many aspects of the "Emerging Church" that deserve scrutiny. Travis Johnson (who is more on the front lines than I am) discusses some of them here.
-
John Edwards: The Wishful Thinking is Over
Greg Cruey was hoping for John Edwards to stick it out:
If Edwards withdraws and the race becomes a two-candidate race, either Hillary or Obama will most definitely win. Personally, I think both of those candidates have electibility issues in the general election. And they look determined to cripple each other before the Democratic Convention.
Let’s hope Edwards hangs on until Denver.
But it’s over. Edwards is an anachronism and evidently the Democrats sensed that.
Cruey’s right about the electibility issues. But, in this very volatile year, one can take nothing for granted. Nothing.
-
More Conservative Voting Problems in Palm Beach
I’ve documented some of Ann Coulter’s voting problems in Palm Beach here and here.
Now Rush Limbaugh can’t quite get the hang of it:
On his syndicated talk show this afternoon, Limbaugh said he was trying to vote in today’s primary when the screen seemed to freeze or “stick” on the list of presidential candidates.
“I hit ‘Next’ and it didn’t go there,” said Limbaugh, who lives in Palm Beach and often recounts the county’s electoral foibles on his show.
Then he hit the “Back” button and “got my candidate page again with the vote already recorded there. So I said ‘hmmmmm, I wonder if this is going to count twice.”
So he unclicked his favored candidate, clicked that candidate again and hit “Next” a second time – and it worked.
As I said before, voting in Palm Beach is trickier than it looks.

Mike Huckabee’s website