I have only read a small portion of John Piper’s poetry, but what I have read is usually very good, especially his poetry on the book of Job. Desiring God Ministries released, “Job the Book”, this week, which is the poetry of Piper accompanied by some cool drawings. You can see more at the new website here. Below is a promotional video for the book with some of the drawings, which are very graphic:
On a global warming expedition to the arctic to film a show on the earth’s melting ice caps, this NBC News crew was stranded for 3 weeks because of all the ice:
Quote of the Week, from Abraham Piper: “Enjoying theological analysis more than the stories you’re analyzing is like preferring to discuss a hot date rather than go on one.”
Tim Challies gives a much longer and better review of Mark Driscoll’s, “Death by Love” than mine:
I’ve often wondered by Baptist’s always sit in the same pews…
Andreas Köstenberger (wouldn’t it be cool to have an umlaut in your name?) writes about 12 Theses for understanding the church’s mission in the 21st century:
What’s your Palin name? Mine is Scat Palin. Put your name in this name generator and find out!
Jenn’s hometown of Port Jervis, NY is #1 on MSN’s list of “The Top 10 Coolest Small Towns”!
Video of the Week: Cub’s Etch-A-Sketch (This is really incredible)
This is unbelievable. From the New York Times on September 30th, 1999:
“In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets — including the New York metropolitan region — will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.
Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates — anywhere from three to four percentage points higher than conventional loans. . .
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980’s.
‘From the perspective of many people, including me, this is another thrift industry growing up around us,’ said Peter Wallison a resident fellow at the American Enterprise Institute. ‘If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.’ . . . “