A young billionaire couple from Houston, Texas, has decided to give away their estimated $4 billion dollar fortune instead of leaving it for their children, and you might be surprised to know why.
Wunderkind John Arnold is not yet 40 years old, but last October he closed his hedge fund, Centaurus Energy, and retired after amassing an estimated wealth of $4 billion in the last 10 years.
Now, Arnold who began his career at Enron, and his wife Laura have dedicated the rest of their lives to giving away that wealth to support innovative ideas that can solve society's myriad problems because they don't plan on leaving it for their three children. more >>
At a recent interfaith prayer breakfast in Jacksonville, Fla., Bishop T.D. Jakes, lead pastor of The Potter's House in Dallas, Texas, encouraged religious and city leaders to acknowledge their "daunting job" of helping at-risk youth by uniting on a private, public, and spiritual front to improve graduation rates and decrease crime and unemployment rates in the city.
Jakes served as the keynote speaker at Mayor Alvin Brown's annual Interfaith Breakfast on Monday. along with speakers from Faith Temple Assembly of God, Evangel Temple, Alachua-Central African Methodist Episcopal Church, Celebration Church, and Most Holy Redeemer Catholic Church.
Nearly 19,000 Americans, most of whom are past or current members of Boy Scouts families or are former Scouts, have signed a petition, which was delivered to the Boy Scouts of America, urging the organization to keep its century-old policies and not allow gay members to serve as members or leaders.
"The Boy Scouts should once again stand firm on moral principles that have successfully shaped our nation's boys into leaders for generations," said Alliance Defending Freedom Senior Counsel David Cortman, whose group delivered the petition.
"This is the expressed desire of thousands of Scouts and their families who have signed this petition. The Constitution protects the Boy Scouts' freedom to promote the values that have defined the organization and to ensure that its leaders and members adhere to those values." more >>
With the cost of higher education skyrocketing, student loan debt growing, and youth unemployment persistently high, a former United States Secretary of Education asks "Is College Worth It?"
In Is College Worth It?: A Former United States Secretary of Education and a Liberal Arts Graduate Expose the Broken Promise of Higher Education, William J. Bennett and David Wilezol examine the costs and benefits of American higher education. The book explains the tough jobs market, a potentially repressive academic culture, and the benefits of alternative options.
Wilezol, an associate producer of the Bill Bennett's Morning in America show, discussed the economic benefits of a college degree. He intends the bookto be for "parents who think about not only the ROI [Return On Investment] for their kids in terms of jobs, but also what is being taught in the classroom in terms of what they want their kids exposed to," he told The Christian Post. more >>
The Federal Communications Commission, the government institution which regulates content on U.S. television, has been proposing changes to its guidelines which would allow more sex, vulgarity and profanity during earlier hours when children are more likely to be watching, which family groups have increasingly opposed.
Fox News reported on Tuesday that since last month, the FCC has been discussing whether to end the prohibition of expletives and certain images of nudity on television. It is allowing the public until June 19 to share their thoughts on the issue.
Pro-family groups, which often complain about the amount of vulgarity already on TV, have said that many parents find the proposed changes to be unacceptable. more >>
The prime minister, or taoiseach, of Ireland gave what some onlookers described as a "rousing speech" at Boston College despite fervent protests from pro-life students and others.
Enda Kenny, current prime minister of the Republic of Ireland, spoke to graduates at the Catholic academic institution even as some clergy refused to attend and one group garnered thousands of signatures protesting his invitation.
TFP Student Action, a project of the conservative Catholic group American Society for the Defense of Tradition, Family and Property, gathered approximately 7,400 signatures within a week against Kenny's invitation to speak at Boston College's commencement event on Monday. more >>