Archive for the ‘Biblical Economics & Money’ Category
Wednesday, April 27th, 2011
Total global energy consumption continues to rise. Renewable energy is a very low percentage of the total energy supplied. Liquid fuels (oil) provides 95% of the transportation energy requirements, 2% from natural gas, and 3% from renewable energy. The reason for this is that oil has a very high energy ...
Posted in Biblical Economics & Money | Comments Off on Energy Reality
Sunday, April 17th, 2011
Yes, that is how much the U.S. deficit is growing. How long can this continue? Ronald Reagan wanted smaller government. Since then, government has grown to the point where the generated deficit cannot be sustained much longer. We are at a crossroads now. Taxing the entrepreneurs will only reduce economic ...
Posted in Biblical Economics & Money | Comments Off on $100,000,000 per hour
Monday, April 11th, 2011
The 411 (information) on 2010 tax realities is as follows” You and I pay our “fair share” of taxes. General Electric did not pay any: http://www.nytimes.com/2011/03/25/business/economy/25tax.html You and I have no say in how our taxes are spent. From a practical standpoint, Washington is shielded from the ...
Posted in Biblical Economics & Money | Comments Off on The 411 on Taxes
Sunday, April 10th, 2011
Christina Romer is the former top economic advisor for President Obama. I find it interesting in her interview that she mentions the “real” unemployment rate (15.7%) rather than just the popular number (8.8%) used by politicians. She also suggests that a weaker dollar is good for America. http://finance.yahoo.com/blogs/daily-ticker/bring-qe3-t-afford-not-more-romer-says-20110407-045249-959.html ...
Posted in Biblical Economics & Money | Comments Off on A Subtle Reality
Wednesday, April 6th, 2011
I watch a few precious metals stock on a daily basis: Goldcorp, U.S. Gold, & Silvercorp. Yesterday, all three broke through notable barriers on the upside. Goldcorp has had a problem staying above $50 but blew through it yesterday: Silvercorp’s chart: U.S. ...
Posted in Biblical Economics & Money | Comments Off on Notable day for Gold & Silver
Thursday, March 31st, 2011
The following graph provides us with a view of what the Federal Reserve has done over the last three years precipitated by the banking crisis (or disclosure). The crisis did not begin on a particular day but was the inflection point of years of poor monetary management and regulation: ...
Posted in Biblical Economics & Money | Comments Off on Money from thin air
Tuesday, March 29th, 2011
As a technology-oriented professional for the last 38 years, I am fully convinced we’re heading for a “technology collapse”. How will this materialize? I do not know yet but once it occurs, we will look back and say “That collapse occurred due to our reliance on technology”. Technology does ...
Posted in Biblical Economics & Money, Love | Comments Off on Simplify…
Thursday, March 24th, 2011
The average person wants a free ride, especially the “Church”. Their prayer usually starts out with a petition to remove the pressure, stress, etc. “I need more money, more this, more that… I need a jubilee!” There is much time and energy devoted to finding the easy way out of ...
Posted in Biblical Economics & Money, Love | Comments Off on Being a Blessing
Wednesday, March 23rd, 2011
Those who have been reading this blog know about a “black swan” event, an unexpected and unanticipated event that has a negative impact on lives and/or financial markets. It appears that we are finding a flock of black swans around the globe. There are so many unusual events happening around ...
Posted in Biblical Economics & Money | Comments Off on Thinking the Unthinkable
Friday, March 18th, 2011
With 80% of the U.S. Government’s expenditures as being non-negotiable spending, the collapse would appear to be certain. Why? The politicians and the people do not have the will to cut back before it is too late. Sustained low interest rates served only to mask the problem of huge debt ...
Posted in Biblical Economics & Money, Love, Prophetic | Comments Off on Collapse of Government Debt and the 9th Sign of Elisha