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The Richmond Fed at St. Paul’s

October 09, 2009

In our largest Eyes on Richmond ever, over 140 people attended today's lunch with Jeffrey Lacker, President of the Federal Reserve Bank of Richmond. 

For those who missed it -- or wish to listen to his remarks again -- click on the player below. You can listen to Buford Scott's highly informative introduction, as well as Mr. Lacker's remarks. 

Remarks to remember:

"In the middle of the year, probably sometime around June or July, the contraction in economic activity came to an end. And economic activity has been increasing since then. Now, the economy is made up of millions and millions of people so not everyone is feeling it the same way. Some people are doing very well. Some people stabilize. And the unemployment rate is still increasing so the labor market is still soft. And, people who have lost their jobs, many of them are having a hard time finding a new job. So, just because the contraction is over doesn't mean the pain is gone. It's going to be a painful situation for many people for awhile." 

Another quote to remember: "There but for the Grace of God go I."

The call to care continues and at St. Paul's, there are a number of ways to get involved.

Next week at Eyes on Richmond, Reggie Gordon will speak about "The Call to Care in Troubled Times." Tomorrow, the Fort Lee Army Band will perform here in a Concert for Caring with the Sonorous Brass Company at 4:00 PM. The concert is free; we only ask that you bring a food item to donate to our Food Pantry.

 

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A WORD FROM GRACE STREET

A Word From Grace Street, Wallace's weekly theological reflection, is sent by email to all who are interested. Sign-up above or read them below.

SERMONS

To Bethlehem; to Bethlehem, we have come.

And, of course, this Christmas, tonight, and tomorrow, new memories are being made; a Carol sung, pure and exquisite; an old friend; warm, endearing words exchanged; a first Christmas for a new grandbaby; a candle lit, a face aglow, eyes agleam.

The Pointer’s Point

More than fifty times, in his published writings, Barth refers to the Grunewald image; and, indeed, usually, it is precisely in reference to John,  and John’s relation to the figure of Christ; as he points.
Barth (and Grunewald before him) understood John’s sole purpose to be to serve as a pointer to Christ, a reference to Christ, a witness to Christ.

Keep Alert, Awake, and Watchful

On any given day, there are those things that would get our attention; those things that would bring fresh perspective; those things would remind us of what is most important, what is most true. If, that is, if we but notice. We never know when those things, those experiences, those people might come. And so it has always been, so it has always been.

The Rule of 72

The Rule of 72, they call it.  It’s a rule of thumb to figure how long it’ll take to double your money. If you know you can get 5%, on your investment, then you divide 5 into 72 and that tells you: it’ll take roughly 14 and ½ years to double your money. That’s the Rule of 72. Now, sometimes an investor doesn’t want to wait 14 and a ½ years, or however long the Rule of 72 tells you that you have to wait and so increased risks are taken. And sometimes you win, and sometimes you loose.

Walk the Way of a Servant

We all want, in the words of St. Paul, to “lead a life worthy of God.” A life worthy of God. Un-like the lives of the false prophets, of Micah’s day, or the false teachers of Jesus’ day, the scribes and the Pharisees, teachers of the law. Their lives are un-worthy of God, we are told, in no uncertain terms. In their hypocrisy, they serve, not God, not God’s people, but themselves.

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