Archive for the ‘Biblical Economics & Money’ Category
Sunday, March 25th, 2012
The following podcast explores the most fundamental Biblical aspect of economic exchange in society, equal weights and measures. Biblical Law demands impartiality, independent of your financial status and influence. Once the imbalance occurs, the rule of Law is compromised and once that occurs, deterioration of society accelerates. The Rule of ...
Posted in Biblical Economics & Money, Love, Prophetic | Comments Off on Reckless Endangerment
Friday, March 23rd, 2012
These are tumultuous times. The economy is in a slow motion train wreck and it is mathematically impossible to sustain our current economic course. There are many with good intentions attempting to muster up a solution to the crisis. The problem is simply too big to grasp. There will be ...
Posted in Biblical Economics & Money, Love, Prophetic | Comments Off on Comprehending the breadth, and length, and depth, and height
Thursday, March 15th, 2012
Warren Buffett recently posed the question, “Would you rather own all the farmland in the U.S. or own gold?” Most of us would say farmland since we know that it would produce food to be consumed by society. However the better question to ask is, “Would you rather sell your ...
Posted in Biblical Economics & Money | Comments Off on Buying Scarcity with Infinity
Sunday, March 11th, 2012
Now that one bond group of Greek obligations has defaulted, we must consider the other groups that have yet to experience a cash transaction requirement. Until a bond is at redemption or an interest payment is required, it has not legally defaulted for nonpayment. Bank bonds, Hellenic Railway bonds, ...
Posted in Biblical Economics & Money | Comments Off on The Greek Tragedy: Part 2
Saturday, March 10th, 2012
In recent blogs I have reported that the ISDA had attempted to redefine the Greek default. Yesterday afternoon, their tune changed, by necessity. Moody’s has stepped in and called the event a default. The ISDA responded that a “credit event” had occurred: “LONDON, March 9, 2012 – The International ...
Posted in Biblical Economics & Money | Comments Off on The Greek Tragedy: Part 1
Friday, March 9th, 2012
Greece averted bankruptcy be convincing their bondholders to take a 53.5% loss on the face value of their existing bonds. See: http://finance.yahoo.com/news/greece-secures-biggest-debt-cut-132152251.html The ISDA will not have to honor their default swaps for now. Let me get this straight. Last week I had a bond worth let’s say $10,000, ...
Posted in Biblical Economics & Money | Comments Off on Did Greece default on their debt?
Friday, March 9th, 2012
"By this My Father is glorified, that you bear much fruit; so you will be My disciples.” Who among us wants Our Heavenly Father glorified? To answer this question, we must become fruit inspectors and first and foremost we must inspect our own fruit. Have I been a blessing ...
Posted in Biblical Economics & Money, Love, Prophetic | Comments Off on Bearing Good Fruit
Thursday, March 8th, 2012
Wouldn’t it be nice to be able to buy a used car without wondering whether you are acquiring someone else’s problem? The used car salesman has earned a reputation over the years of being a manipulative liar. Now there are exceptions to the rule but in the U.S., full disclosure ...
Posted in Biblical Economics & Money, Love | Comments Off on Givers and Takers
Wednesday, March 7th, 2012
Betrayal is a violation of trust whereas treachery is betrayal by prior intent. For example, if financial institution A were to write Greek Bond insurance contracts with investors B, C, D, etc. in case of default by the Hellenic Republic of Greece knowing that the contract would never be enforced ...
Posted in Biblical Economics & Money | Comments Off on The Treachery of Greed
Tuesday, March 6th, 2012
In 1975 I took the Dun & Bradstreet Credit Analysis course that all bank loan officers and credit analysts were required to complete. This course covered the fundamentals of analyzing borrowers’ ability to service their debt and the risks associated with their various financial conditions. There were several financial ratios ...
Posted in Biblical Economics & Money | Comments Off on Redefining Insolvency