Friday, November 28, 2008
A Telling Juxtaposition
Friday, November 25, 2005
Coming Home to Roost
Financial analysts have seen this coming. GM stock has fallen to as low as $20.60 per share in the past year, an 18-year low, while its credit rating has plummeted to junk status. The company’s market share has fallen seven percentage points over the last decade (to 26.2%), as it has struggled to sell cars in competition with, frankly, better designed, better priced, and higher quality foreign models. The automaker lost nearly $4 billion in the first nine months of 2005, and $1 billion in the last quarter alone—and this during its massive employee-pricing sales drive and continued offering of low-interest loans through GMAC, its in-house finance unit.
Beyond this, GM has massive wage and benefits problems. Its unionized employees have perhaps the most generous labor contracts in the industry, and the unions are so far unwilling to make significant concessions, blaming management for the firm’s poor performance. However, its biggest burdens are healthcare and pension costs. Each GM vehicle includes $1,500 in healthcare premiums in its price tag, and unlike most U.S. workers, GM employees do not pay any deductibles on their coverage and only 7% of the premium (compared to about 30% in other industries).
In addition, the company’s pension system is being strained to its limits. Each active worker is contributing to the pension coffers for 2.5 retirees, an increasingly untenable situation, threatening them with the specter of GM eventually walking away from its pension obligations just as Delta Airlines recently did through bankruptcy. Rival Ford has similar problems looming.
Such monumental problems do not just happen—they are caused. GM’s woes appear to be the consequences of sins coming home to roost. Both the Old and New Testaments contain similar principles: Numbers 32:23 says, “. . . be sure your sin will find you out,” and Galatians 6:7 reads, “. . . whatever a man sows, that he will also reap” (see also Luke 12:2-3). At the root of American industry’s troubles are policies and practices that are bound to result in conflict, injustice, and perhaps the demise of many once-indomitable companies.
Some might argue that these companies are just poorly managed, and there is some justification for such a conclusion. But why are they badly run? Behind the lack of financial and business acumen is a fundamental spiritual problem, which usually can be summarized in one word: selfishness. Other spiritual failings that may be included under this catchall are pride, greed, hatred, envy, corruption, deception, and a host of others that often come to the fore under intense competition. When careers and big money are on the line, all the stops come out.
The best we can do these days, it seems, is to lament that, for the most part, gone are the days of business providing a quality good or service at a fair price. Perhaps small businesses can still work from this model, but big business is too ruthless to operate on such a “naïve” principle. Good guys do not last long among the wolves of the business world because, by refusing to join the pack in its sordid activities, they find themselves weak, isolated, and marked for attack. Today, if one is not a predator, he is prey.
God prophesied of this condition by the prophets. In Hosea 12:7-8, God speaks directly to businessmen: “A cunning Canaanite [or merchant]! Deceitful scales are in his hand; he loves to oppress. And Ephraim said, ‘Surely I have become rich, I have found wealth for myself; in all my labors they shall find in me no iniquity that is sin.’” Here, the Israelite merchant brushes away his sin by saying that his wealth proves he is blameless, yet God shows him for what he is: a boastful, deceitful, and oppressing sinner.
Amos 2:6-7 expands on some of his deeds:
Thus says the Lord: “For three transgressions of Israel, and for four, I will not turn away its punishment, because they sell the righteous for silver, and the poor for a pair of sandals. They pant after the dust of the earth which is on the head of the poor, and pervert the way of the humble.”
From His vantage point in heaven, He sees businessmen selling out their employees for a little extra profit. He watches them greedily taking advantage of every opportunity to squeeze every last bit of wealth out of customers, especially the poor and the weak. He takes note of every time they corrupt someone to fatten their bottom line. He later mentions their trampling of the poor, harsh terms, and profligate lifestyles (Amos 5:11); their taking of bribes and interfering in the judicial system (verse 12); and their undermining of religious practices, cheating, and selling inferior products (Amos 8:5-6).
Isaiah adds that this condition runs rampant through the entire nation, not just the mighty businessmen (see Isaiah 1:4-6). He suggests that, if the common man were in the high-and-mightys’ shoes, he would do the exact same, sinful things! He mentions them in verses 21-23:
How the faithful city has become a harlot! It was full of justice; righteousness lodged in it, but now murderers. Your silver has become dross, your wine mixed with water. Your princes are rebellious, and companions of thieves; everyone loves bribes, and follows after rewards. They do not defend the fatherless, nor does the cause of the widow come before them.
What we are observing in American business was inevitable. The anything-for-increased-profits model of business can only produce inequities, mediocre products and services, and strife, and these, along with the workings of a relentless market economy that punishes inefficiency, will destroy even the mightiest of corporations. And who usually ends up suffering? The little guy, the poor, the weak. We need to watch for these business breakdowns, as they are signs that a crisis looms.
Friday, December 10, 2004
The Conundrum of Christmas Cheer
"Merry Christmas!"
"Happy holidays!"
Around this time of the year, we hear these greetings and well-wishes frequently in the normal flow of our lives. They are usually accompanied by a warm smile, although the clerk at the mall—her feet killing her from standing at the cash register for hours and her patience frazzled by the hundreds of customers she has assisted already that day—says it with a forced grin. The seasonal cheer is so infectious, says Dickens, that even old Scrooge finally succumbed, overcoming his miserly, bah-humbug ways. Everybody lives happily ever after.
This just emphasizes one of the glaring contradictions of Christmas: All the overdone jollity of the season serves to hide the well-known fact that December is the most depressing time of the year for many people. It is a time that mainstream Christians are supposed to be celebrating a joyous event—the alleged birthday of the Savior, Jesus Christ—yet it leads the year in suicide, depression, and aggravation. Why?
The answer is very simple: The holiday and all its trappings are not godly. This means that its fruits will not be good (see the principle in Matthew 7:15-20 and Galatians 6:7-8). Ergo, the Christmas season is full of angst, frustration, and disappointment, and many people deal poorly with these negative emotions.
What has become the central focus of the Christmas season? Undoubtedly, in our consumer-oriented society, it is the gift-giving and -receiving—Christmas presents, in other words. First, there is little about worshipping Christ in it. Yes, to put a good face on it, many will point to the fact that the Magi presented Jesus with gifts of gold, frankincense, and myrrh, but the Bible says nothing about them presenting each other gifts! In fact, the Bible mentions this kind of "joyous" gift-giving in a totally negative sense: in celebration of the deaths of the Two Witnesses (Revelation 11:10)!
A second justification for mutual gift-giving comes out of Acts 20:35, where Paul quotes Jesus as saying, "It is more blessed to give than to receive." But this is just that—a justification. The common motive for giving gifts is to ensure getting them in return! The better gifts one gives, the better the chance of receiving equally good ones. The principle Jesus taught is to give without expectation of receiving in return (Luke 6:35). Some may give gifts selflessly, but since gift-giving is an expected practice among those who celebrate Christmas, there is certainly an element of obligation in it that causes apprehension.
Third, the commercialization of Christmas has become entirely centered on fulfilling the individual's desires. A cursory viewing of television ads proves this in spades. For instance, a BMW commercial portrays a woman receiving the same old tired gifts from her off-beat relatives, so to forestall her total disappointment, she buys herself a new BMW! One radio advertisement for a diamond store features a woman whining because her husband presented her with a two-carat diamond from one prestigious store, when he could have shopped at a discount store and purchased a stunning, three-carat diamond for the same price. Commercials are always aimed at fulfilling selfish desires—and they always promise disappointment if the desire is not fulfilled.
Finally, we should not forget to mention that all these gifts cost money—and lots of it. This, in turn, creates financial headaches and fears that take months or years to cure. Many people max-out their credit cards during the Christmas shopping season and spend the rest of the year paying them off. Or not. With the average American up to his eyeballs in credit-card debt—to the tune of many thousands of dollars—it is easy to see why so many dread this time of year.
The apostle James puts his finger on the real spirit of this time of the year: "But if you have bitter envy and self-seeking in your hearts, do not boast and lie against the truth. This wisdom does not descend from above, but is earthly, sensual, demonic. For where envy and self-seeking exist, confusion and every evil thing will be there" (James 3:14-16). Christmas is a "lie against the truth." It is not biblical. God never commanded it. December 25 is not Jesus' birthday. He cannot be worshipped through Santa Claus, Christmas trees, Yule logs, mistletoe, and eggnog. So how can we expect anything good to come out of it?
This lie comes not from heaven but from earth, where Satan and his demons toy with human emotions and selfishness to deceive and destroy men and women. This results in people comparing themselves with the Joneses and putting themselves in competition with others to see who has the most. It produces "confusion and every evil thing." No wonder people are so miserable!
This holiday has only the thinnest veneer of cheer. If we peel back that gossamer layer, we find gloom, anxiety, and hopelessness. Does that sound like something God wants us to be involved with?