Dispatches > The Buzz

The Buzz

"The Buzz" Continued...

Issue: "Flame-outs," May 8, 2010

Resigned

Reformed Theological Seminary chancellor Ric Cannada accepted the resignation of longtime Old Testament professor Bruce Waltke last month after Waltke suggested that he did not necessarily support the creation account of Genesis nor that Adam and Eve were historically the first humans. In a video prepared for The BioLogos Foundation, Waltke, 79, said, "If the data is overwhelmingly in favor of evolution, to deny that reality will make us a cult." In a later statement he posted on Facebook he noted, "It may well be that I am the only one on the faculty holding the view of creation by the process of evolution as understood by mainline science, apart from its normal atheistic philosophy."

Finance

Unlike healthcare, the largest overhaul of the nation's financial system since the 1930s finds Republicans willing to compromise. Republicans have concluded that voter frustration with Wall Street and the Great Recession has made greater federal involvement in the financial sector more palatable to voters. The bill would create agencies to monitor market risks and protect consumers, plus create a $50 billion bailout fund that Republicans fear could create a safety net to embolden banks to continue taking unnecessary risks. "It is essential that we learn the lessons of this crisis, so we don't doom ourselves to repeat it," President Barack Obama said in an April 22 speech at New York's Cooper Union near Wall Street.

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