-Caveat Lector-

Bankers turn to clergy to help calm Y2K fears

By Jim Wolf


WASHINGTON, Aug 24 (Reuters) - Eager to calm Year 2000 jitters
and head
off
any apocalyptic cash hoarding, the American Bankers Association
has
found
religion.

The trade group has delivered a model ``Y2K Sermon'' aimed at
reassuring
worshippers that government and industry -- particularly U.S. banks
--
will be ready when computer clocks make the big flipover in 130
days.

``Whatever you do, don't bury your money in the backyard,'' says
the
text, sprinkled with allusions to Moses leading the children of Israel
into a ``bright, hopeful future'' with God's help.

``ABA has developed this generic Y2K Sermon for bankers to
share with
members
of the clergy as a way to calm people's concerns over the Jan. 1
date
change,'' the bankers group said in a note to members.

ABA members, representing 90 percent of U.S. banks, were urged
to pass on
the
five-page sermon to their ministers, priests and rabbis. Their words,
the ABA said, ``will carry much clout'' with congregants.

``I'm not worried about America's ability to solve the technical
problems of Y2K,'' says the sermon, written by a bankers
association
speech writer and made available earlier this month.

``But there is something that does worry me: misinformation'' and
``the kind of panic that comes from not knowing. Not understanding.
Not getting it.''

``It's especially important that we -- as members of our community,
believers in God and members of the family of faith -- set the
example.

``We want to go into the new Millennium with hope, eagerness and
faith
in this new century of promise. We don't want to be crouched in our
basements with candles, matches and guns.''

The text says money is ``safest in the bank, where it is protected
and
insured by the federal government.''

``Banks will keep your money safe. They're backed by the Federal
Deposit Insurance Corp.,'' it adds. ``So in preparing for Jan. 1,
2000, do what you can. Trust God...and take a few practical steps.''

The sermon explains the original Y2K ``sin,'' a coding glitch that
could cause system-wide failures in networks that have not been
fixed
in time.

It compares Y2K doomsaying with that sparked by Orson Welles'
1938
broadcast
of ``War of the Worlds'' that panicked listeners who missed the
lead-in
that
had said it was a fictional radio drama. The radio dramatisation was
based on H.G. Wells' story of an invasion from Mars.

But the bankers group, in line with U.S. government policy,
suggests
that
consumers prepare for the 2000 transition in the same way they
would for
a
weekend snowstorm.

That means keeping ``a few days worth of of cash on you'' along
with
some
extra food and water, candles and flashlights with fresh batteries. It
also warns against scams.

The bankers group, which has taken its message to newspaper
editorial
boards
across the country, does not expect spiritual leaders to use the text
word-for-word but as a ``template,'' said John Hall, a spokesman in
Washington.

``It's a matter of reaching out to the religious community because
ministers have a great deal of influence over their parishioners,'' he
said.

The keep-the-faith message warns against panic and old-think,
citing the
Pharaoh's men being swallowed up by the Red Sea.

``We want to go into the next century as God intended, with hope,
knowledge and the promise of a bright future,'' the sermon reads.

-----------------------------


Kathleen


"Few things are harder to put up with than the annoyance of a good example." --Mark 
Twain

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