2013년 11월 29일 금요일

About 'example of equity'|... the evidence of short term momentum, it may...it’s time to rebalance. Example: Your asset allocation is 70% stock/30% bond. If equities grow to be 75%, then it...







About 'example of equity'|... the evidence of short term momentum, it may...it’s time to rebalance. Example: Your asset allocation is 70% stock/30% bond. If equities grow to be 75%, then it...








"It               has               been               argued               that               moral               authority               has               broken               down               in               modern               American               society               because               of               the               events               of               the               1960s.

Before,               traditional               hierarchies               and               a               general               moral               consensus               existed               in               American               society,               lending               legitimacy               to               the               institutions               of               society."               William               Pfaff,               Truthdig.org
               In               his               January               2009               column               on               Truthdig.com,               William               Pfaff               parrots               the               conservative               argument               that               America               has               been               in               a               state               of               progressive               moral               decline               since               the               1960s.

The               argument               is               based               on               the               subjective               viewpoint               that               an               increasingly               liberal               society               equates               to               a               culture               that               is               becoming               morally               depraved.

But               let's               take               a               look               at               the               facts               about               the               state               of               American               culture               relative               to               the               guarantees               of               freedoms               and               rights               outlined               in               our               Constitution               before               we               rush               to               judgement               that               America               is               going               in               moral               reverse               rather               than               improving               as               a               nation.
               First,               let's               deal               with               the               contention               that               the               "events               of               the               60s"               somehow               contributed               to               the               dissolution               of               moral               authority               in               America.

The               1960s               and               early               1970s               were               defined               by               a               series               of               public               protests               over               a               issues               that               boiled               down               to               basic               human               rights.

Protests               over               race               relations,               the               Vietnam               war,               abortion               rights,               sexual               freedom,               gender               &               orientation               equity               and               free               speech               illuminated               the               fact               that               the               so-called               "traditional               hierarchies               and               general               moral               consensus"               could               be               quite               wrong               about               significant               issues               of               human               rights.
               Racism
               The               fight               against               racism               alone               would               have               been               a               significant               moral               victory               if               that               is               all               that               came               from               the               60s               social               revolutions.

African-Americans               had               grown               tired               of               being               told               they               were               equal               citizens               in               an               America               that               treated               them               worse               than               second-class               citizens.

A               racial               revolution               led               by               civil               rights               leaders               such               as               Martin               Luther               King,               Jr.

bravely               fought               to               gain               increased               social               respect               and               public               access               for               people               of               color               nationwide.

That               is               clearly               an               example               of               moral               progress,               not               moral               decline.

Liberals               and               conservatives               sided               together               to               support               this               move               toward               positive               social               change.
               Vietnam               (and               other)               Wars
               By               the               late               1960s               the               Vietnam               War               had               turned               into               a               murder               mill,               chewing               up               thousands               of               young               American               and               Vietnamese               lives.

America's               motivations               for               entering               the               war               became               foggy               as               an               unclear               long               term               strategy               took               over               its               operations.

Smart               young               minds               ascertained               that               public               protest               against               an               increasingly               immoral               war               was               the               right               thing               to               do.

Thus               freedom               of               speech               and               the               right               to               dissent               produced               an               end               to               the               war.

Ugly               as               the               protests               might               have               seemed               at               the               time,               those               instincts               represent               true               patriotism               on               the               part               of               Americans               in               calling               out               the               moral               confusion               of               the               Vietnam               War.

That               is               social               progress,               not               cultural               regression,               a               fact               pointed               out               by               contemporary               liberal               dissent               toward               the               invasion               of               Iraq,               a               war               apparently               begun               on               false               pretense.
               Women's               Rights
               The               battle               over               women's               rights               took               many               forms               as               feminism               fought               against               cultural               expectations               imposed               upon               women               by               those               "traditional               hierarchies"               mentioned               by               William               Pfaff.

Repression               of               women's               rights               included               a               patriarchal               social               structure               that               denied               women               the               right               to               equal               work               and               equal               pay.

It               also               traditionally               relegated               women               to               a               subservient               role               in               marital               and               social               relationships               and               denied               women               the               rights               to               manage               their               own               reproductive               health.
               Abortion
               The               resultant               expression               of               women's               rights               was               the               judgment               passed               in               the               court               case               Roe               vs.

Wade               guaranteeing               a               right               to               privacy               in               electing               to               have               an               abortion.

That               judgment               came               to               represent               the               right               to               have               an               abortion               at               all.

Opponents               of               abortion               argue               this               judgement               is               tantamount               to               approving               murder               of               the               unborn,               but               the               reproductive               rights               of               a               woman               must               be               protected               by               law               just               as               the               rights               to               privacy               in               many               other               areas               of               American               life               are               protected               by               law.
               What               secretly               seems               to               burn               in               the               souls               of               abortion               opponents               is               their               apparent               ineffectiveness               in               preventing               more               women               from               having               abortions.

Put               simply,               they               have               failed               fairly               miserably               in               the               moral               quest               to               change               hearts               and               minds.

Why               is               that?

The               obvious               answer               is               that               the               primary               alternatives               they               propose,               abstinence               and               adoption,               are               disconnected               from               the               social               circumstance               and               sexual               acts               leading               to               unwanted               pregnancy.

Abortion               opponents               first               want               to               pretend               that               sex               does               not               exist               (abstinence)               or               else               pretend               it               never               happened               (adoption).

This               is               bad               social               policy               compounded               by               the               fact               that               attacks               on               the               abortion               system               mean               little               if               they               refuse               to               legitimize               practical               alternatives               for               women's               reproductive               health,               including               sexual               education               and               birth               control.

The               words               of               abortion               opponents               and               moral               absolutists               therefore               ring               hollow,               and               women               know               it.
               Morality               has               not               declined               in               America               so               much               as               it               has               relied               too               heavily               on               moral               absolutes               that               divorce               it               from               real               solutions.

To               protect               the               reproductive               rights               of               women               in               America,               abortion               should               be               safe,               legal               and               rare.

The               first               two               parts               are               being               covered               by               the               medical               community               and               Roe               vs.

Wade.

The               last               component,               making               abortions               rare,               is               basically               being               halted               by               an               anti-abortion               movement               that               is               downright               hypocritical               in               its               denial               of               real               solutions.
               If               we               genuinely               want               to               move               toward               "lending               legitimacy               to               the               institutions               of               society"               that               William               Pfaff               so               casually               advocates,               then               we               need               to               offer               more               than               hand-slapping               non-solutions               like               abstinence               to               cure               a               problem               that               has               persisted               since               human               history               began.
               Sexual               Freedom
               It               was               no               coincidence               that               an               increasingly               liberalized               society               turned               to               sexual               freedom               as               an               expression               of               individual               rights.

The               repressive               attitudes               the               conservative               America               of               the               1950s               developed               toward               sex               took               a               direct               hit               beginning               late               in               the               decade               with               introduction               of               publications               like               Playboy               that               brought               sexuality               to               the               forefront.
               As               might               be               expected               with               any               major               shift               in               cultural               norms,               there               were               many               social               experiments               that               did               not               work.

But               none               of               them               were               really               new               under               the               sun.

Open               marriages,               for               example,               were               simply               Americanized               versions               of               the               sexual               dalliances               first               chronicled               in               the               Bible               and               perpetuated               through               every               regime               from               Rome               to               medieval               times               to               Prince               Charles,               Lady               Diana               and               Camilla.

But               what               about               the               supposed               depravity               of               today's               internet,               pornography               and               televised               lust?

A               simple               glance               at               the               book               of               Ezekiel               tells               us               that               sexual               appetites               have               not               really               changed               in               2000               years."There               she               lusted               after               her               lovers,               whose               genitals               were               like               those               of               donkeys               and               whose               emission               was               like               that               of               horses."
               When               it               comes               to               sex,               America               is               no               better               or               worse               about               it               than               any               previous               culture               in               history.

One               could               even               argue               that               the               sexual               revolution               actually               resulted               in               sexual               equity               for               women,               whose               sexual               needs               up               to               that               point               in               history               had               been               largely               kept               secret               if               not               totally               ignored.

It               really               is               a               sign               of               progress,               not               moral               decline,               that               sexual               health               in               women               has               been               celebrated               and               honored               in               society.
               As               for               Playboy,               the               media               company               that               helped               kick               off               the               sexual               revolution               got               caught               in               a               somewhat               ironic               rip               tide               of               more               honest,               accessible               imagery               threatening               to               wash               its               airbrushed               photos               of               glamorized               women               back               out               in               the               sea               of               media               from               whence               it               came.

The               original               revolutionaries               turned               into               the               ultimate               anachronism.

In               that               regard               Playboy               and               religion               have               more               in               common               than               one               might               think.
               Gay               rights
               The               days               of               forcefully               closeting               homosexual               and               transgender               individuals               are               essentially               if               not               officially               over.

The               social               forces               that               forced               gays               into               the               closet               are               breaking               down               because               they               are               unjust               when               it               comes               to               individual               and               relational               rights               in               a               free               society.

Understand               that               the               "moral               authority"               about               which               William               Pfaff               seems               sentimental               was               actually               a               cruel               and               unusual               punishment               supported               by               a               presiding               religious               prejudice               against               people               whose               sexual               orientation               is               biologically               fixed               toward               the               same               sex.

The               ridiculous               claims               by               religious               and               social               conservatives               that               confirmed               gays               can               be               "converted"               to               straight,               heterosexual               orientations               have               been               proven               false.

Even               the               religious               foundations               for               resistance               to               gay               rights               are               being               questioned               as               greater               understanding               of               scriptural               context               is               examined.

Authors               like               William               Pfaff               may               consider               gay               rights               to               be               a               sign               of               moral               decline               in               America,               but               it               is               only               because               they               have               been               the               beneficiaries               of               social               policies               that               promote               and               support               their               own               sexual               orientation               It               is               a               sign               of               social               progress,               not               moral               decline,               that               gay               citizens               in               America               are               now               working               toward               full               access               to               employment               and               civil               rights.

Like               other               targets               for               discrimination               in               America,               gays               still               face               considerable               resistance               in               the               culture,               but               echoes               of               the               social               revolution               of               the               60s               continue               to               resound               in               the               approval               of               real               civil               rights               for               gays.
               Significantly               deeper               examinations               of               scripture               are               also               revealing               to               enlightened               Christians               that               society               has               nothing               to               fear               from               gays,               and               that               the               Bible               itself               could               be               as               wrong               about               persecuting               gays               as               it               was               about               tolerating               slavery.
               Evolution
               it               seems               fitting               to               conclude               with               an               examination               of               how               liberalized               education               policies               that               started               in               the               1960s               still               face               resistance               on               moral               grounds               including               the               "traditional               hierarchies               and               general               moral               consensus"               of               conservative               resistance               to               the               teaching               of               evolution.

It               seems               ironic               that               teaching               of               well-demonstrated               scientific               principles               remains               so               controversial               today.

Opponents               of               evolution               have               even               been               known               to               blame               all               sorts               of               social               ills               on               a               theory               from               science               that               says               basically               says               all               human               beings               share               common               origins               with               the               rest               of               the               living               species               on               earth.

This               simple               principle               is               too               much               for               the               arrogant,               selfish               minds               of               religious               fundamentalists               and               biblical               creationists               to               accept,               however.

They               prefer               to               think               of               themselves               as               superior               to               the               rest               of               the               world,               and               hence               we               see               the               root               belief               driving               the               idea               that               a               "moral               decline"               has               somehow               transpired               in               modern               culture.

Really               it               is               just               that               the               lie               about               human               superiority               has               been               permanently               exposed               and               the               comfort               that               went               with               it               has               been               rent               asunder.
               The               simple,               populistic               notion               of               common               biological               origins               morally               offends               those               who               claim               they               were               created               by               a               god               who               considers               them               special               and               coincidentally               wants               to               keep               America               safe               from               animalistic               tendencies.

These               supposed               arbiters               of               what               is               moral               have               not               wanted,               nor               do               they               ever               want,               true               and               real               equality               to               be               the               presiding               moral               authority               in               America.

That               is               why               prejudice               against               African-Americans               still               persists.

It               is               why               religious               authority               is               still               used               to               impose               rights               restrictions               on               women               in               society               and               within               marriage.

Fear               of               equality               and               the               responsibility               real               equity               in               American               culture               has               driven               fears               of               communism,               which               preaches               equality               but               wrongly               suggests               it               should               be               imposed               as               a               rule,               not               choice               in               political               structure.
               Evolution               has               been               blamed               for               the               collapse               of               religion               as               an               effective,               governing               social               force               in               modern               culture.

All               that               evolution               has               done               is               expose               the               patent               flaws               in               religion               by               bringing               rationality               to               the               forefront               of               human               enterprise.
               But               we               don't               need               evolution               to               prove               that               Christian               conservatives               are               dead               wrong               about               literal               interpretation               of               the               Bible               and               the               moral               absolutes               that               stem               from               it..

Scripture               clearly               and               repeatedly               shows               Jesus               chastising               the               priests               of               his               day               for               taking               God's               word               literally               and               turning               it               into               law.

Mark               7               shows               Jesus               chastising               a               sect               of               religious               priests               known               as               the               Pharisees               for               their               narrow-minded               translations               of               the               Word               of               God.

"Isaiah               was               right               when               he               prophesied               about               you               hypocrites,"               we               find               Jesus               saying.

"These               people               honor               me               with               their               lips,               but               their               hearts               are               far               from               me.

They               worship               me               in               vain;               their               teachings               are               but               rules               taught               by               men.

You               have               let               go               of               the               commands               of               God               and               are               holding               on               to               the               traditions               of               men."               Jesus               was               legitimately               worried               that               people               were               taking               the               word               of               God               too               literally               because               it               meant               they               were               missing               the               real               point               of               his               teachings.

The               priests               he               chastised               used               a               literal               interpretation               of               scripture               to               dictate               the               conduct               and               faith               of               others.

It               was               a               common               problem               back               then               and               remains               a               problem               today               that               religious               leaders               focus               too               heavily               on               the               law               and               letter               of               God               and               lost               sight               of               the               meaning               behind               the               words.
               There               is               no               moral               decline               in               America               unless               you               look               at               the               manner               in               which               the               people               who               typically               control               the               authority               of               religion               and               the               manner               in               which               scripture               and               moral               wisdom               is               interpreted               and               applied.

There               we               find               the               misdirection               of               moral               absolutes.

There               we               find               the               mistakes               about               which               Jesus               warned               us.

It               is               not               liberal               society               that               is               causing               moral               decline               in               America.

It               is               the               close-mindedness               of               the               very               people               who               claim               to               protect               moral               authority               that               is               a               drag               on               the               process               by               which               culture               typically               progresses,               including               support               for               science,               rational               truth               and               social               equality.

We               need               more               social               revolution,               not               less               to               produce               a               truly               moral,               equitable               nation.

Certainly               even               Jesus               was               aware               that               those               who               cast               the               most               strident               blame               are               often               controllers               of               the               game.

They               are               also               almost               always               wrong               about               true,               honest               morality.

I'll               take               the               former               over               the               latter               any               day.






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