From the President's Desk - July 14, 2023
Welcome back to Legatus' From the President’s Desk!
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From the President’s Desk is a chance for me to share with you what has held my attention this week. The weekly update will present a selection of observations and news stories focused on Catholic, business, and secular affairs, oriented to inform and empower Catholic professional leaders like you. ???
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?? Don’t Forget…
Legatus Networks is relaunching on August 1.
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We are making it more dynamic, user-friendly, and accessible. Check out our new and improved Networks in just a few weeks!
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And as a reminder, Legatus Networks provides an exclusive, private platform for members across the organization to connect, collaborate and share their unique experiences and insights.
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?? Lessons from Chesterton
Dappled Things, a fantastic quarterly Catholic journal with a focus on “ideas, art, and faith,” has a great read on G.K. Chesterton by the president of the Society of Gilbert Keith Chesterton, Dale Ahlquist. Here is what he wrote in his piece, G.K. Chesterton and the Use of the Imagination:
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Chesterton says that imagination is the most essential element in education, and it is the most important product of education. If we learn to use our imaginations, it gives us a certain freedom and self-sufficiency and contentment. ‘The man who can make up stories about the next-door neighbour will be less-dependent on the next day’s newspaper.’ People who neglect their powers of imagination become both passive and restless. They rely on something else to entertain them, something else to occupy their minds. They are unable to do it themselves. Chesterton says that a society that pays others to dance for them is in a state of decadence. Soon we are paying others to think for us.
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Make time to read the whole thing, and while you are there, read more about Dappled Things. It is a unique and uniquely Catholic journal.
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?? Detroit Chapter News: Annual Family Event
The Detroit Chapter held its annual family event on Tuesday, July 11. The event was for the Detroit and Detroit Northeast Chapters. Special thanks to Bob Pliska, president of the Detroit Chapter, for his leadership! The schedule was terrific and included:
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? Adoration
?? Rosary
? Holy Mass at the Basilica of Ste. Anne de Detroit
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followed by a
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?? Detroit River Boat Cruise
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?? The Detroit Chapter is celebrating its 35th Anniversary this year. Congratulations to The Detroit Chapter for 35 years of shaping and nourishing ambassadors for Christ in the marketplace!
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?? Inflation Dropping
AP has the news:
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Squeezed by painfully high prices for two years, Americans have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a year earlier — thanks in part to easing prices for gasoline, airline fares, used cars and groceries.
The inflation figure the government reported Wednesday was down sharply from a 4% annual rate in May, though still above the Federal Reserve’s 2% target. From May to June, overall prices rose 0.2%, up from just 0.1% in the previous month but still comparatively mild.
ABC News has more details:
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Excluding the volatile food and energy prices, so-called core inflation was lower last month than economists had expected, rising just 0.2% from May to June, the smallest monthly increase in nearly two years. Compared with a year ago, core inflation does remain relatively high, at 4.8%, but down from a 5.3% annual rate in May.
Thank you for reading, and be on the lookout for our next From the President’s Desk!
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