DIRTY MONEY

Dirty Money: Corporate America’s War Against The Family
By Warren Cole Smith

(EP News)—Thirty years ago, businessmen involved in pornography and gambling might be on the FBI’s “10 Most Wanted” list.  Today, businessmen profiting from these seedy activities – and you can throw in abortion and homosexuality – are just as likely to end up on the “Fortune 500” list.

Vice has gone mainstream, becoming a part of the profit picture of many Fortune 500 companies.  In the space of one generation, gambling, prostitution, homosexuality, abortion, and pornography have gone from being illegal in every state in the nation to being legal in most states – and profitable in every state.  According to the Biblically Responsible Investing Institute, only three of the 30 companies on the Dow Jones Industrial Average are either actively involved in, or making financial contributions to, activities or organizations that Christians would find immoral.

That’s the bad news.  The good news is that Christian activists groups are now starting to pay attention – and publicize the bad actors.  Here are a few headlines – some surreal, some horrific, and some pathetic -- they helped to generate in 2007.

These examples don’t begin to cover issue.  Shell Oil, for example, defied pro-family groups by stocking pornographic magazines in 240 of its convenience stores in Florida.  Walt Disney now sells same-sex “commitment” packages similar to heterosexual honeymoon packages at its resort locations.  JP Morgan Chase is the nation’s largest corporate contributor to Planned Parenthood.  Wachovia and Bank of America are heavy supporters of the Human Rights Campaign – the nation’s most powerful pro-gay advocacy group.

“The problem,” said Rusty Leonard, who runs Stewardship Partners, an investment company committed to biblical values, “is that most of the offenses are not obvious.  It’s pretty clear that Playboy Enterprises sells pornography.  But it’s harder to determine that News Corporation, which owns the conservative Fox News Network and just bought the Wall Street Journal, also sells pornography.  Or that your own bank is contributing money to pro-gay groups.  Those in the community know that, but it’s not the sort of thing they brag about in their annual reports.” 

Leonard said vigilance – and the help of professionals who are experts in Biblically Responsible Investing – are essential for Christians who don’t want to turn their investment portfolios over to “the bad guys.”

And some groups are getting the message.  Telus Corp., a Canadian cell phone company, announced Feb. 21 that it will no longer allow customers to download pornography. According to the Candian Press, the action came as a result of hundreds of complaints from customers, shareholders and religious leaders.  Vancouver Roman Catholic Archbishop Raymond Roussin had urged people not to renew their contracts with Telus.  “This decision is for the greater good of the community as a whole, a fact I am glad Telus is recognizing,” he said. “The company has listened to the voices of its customers and Canadians in general, who were quite clear that this was not something that serves the public in any beneficial way.”

http://www.christianworldviewnetwork.com/article.php/2842/Warren_Smith