From our friends at JubileeUSA, a U.S. judge is set to lift the sanctions imposed on Argentina after it failed to come to terms with hedge funds holding out for full repayment of their loans. All other creditors negotiated a settlement, but the hedge funds were, and are, willing to impoverish millions so that they can garner an obscene return on investment.
Politics always involves unexpected twists and turns. Candidates know that an unseen banana peel could cause them to fall at any moment. But, in the wake of Saturday’s caucus in Nevada and primary in South Carolina, the outcome of the presidential nominating contests became far more certain than they had been previously and it is looking like next November voters will be choosing between former Secretary of State Hillary Clinton and businessman Donald Trump.
From Newsday, a report on Cardinal Peter Turkson's talk at Molloy College, and the panel discussion that followed.
When the going gets weird, the weird turn pro, and this election cycle is nothing if not weird. Now, Pope Francis has waded into the U.S. elections, commenting on a question posed to him about Donald Trump during the press conference on the flight back from Mexico to Rome.
Let’s read the text from the official transcript:
In the New York Times, Linda Greenhouse looks at Justice Scalia's legacy, and how he uniquely furthered the polarization and politicization of the Supreme Court.
The difference could not be more stark. Pope Francis, in Ciudad Juarez yesterday, called for justice for migrants and an economic structure that serves people before profits and measures its health by the degree to which it includes everybody. Meanwhile, the Republican party’s presidential candidates are falling all over themselves to see who can be the toughest on immigration and the idea that profit is not the final arbiter of economic relations is viewed not just skeptically but as a kind of heresy.
With Pope Francis at the border today, all of my links this morning touch on the subject of immigration:
In the Washington Post, John Gehring says that Trump is right: Pope Francis' visit to the border is political.
At America, Kevin Appleby explains what the Church does and does not teach about migration.
The sudden death of Justice Antonin Scalia kept me from writing about last Saturday’s Republican debate, and about the state of the race more generally. In a nutshell: Just when you think things cannot get worse, they get worse. The Republican Party is in free fall and no one knows how to stop it.
At Politico, Josh Zeitz warns Republicans against invoking any analogy with the confirmation of Abe Fortas. It is not that the analogy might not be accurate, just that it exposes some of the ugliness that animates the GOP base.
Distinctly Catholic: The death of Justice Antonin Scalia has immediate consequences, including the battle royal that has already begun over his successor.