Archive for the ‘Biblical Economics & Money’ Category
Sunday, October 17th, 2010
$100 Oil/Currency War We may soon see $100 oil based on the decline of the Dollar. Global commodities are pushing up prices in terms of U.S. Dollars. Bernanke and his cohorts want to see inflation but the rest of us have been experiencing inflation in our everyday lives. See: ...
Posted in Biblical Economics & Money | Comments Off on Multi-Front Crisis
Friday, October 15th, 2010
At 9:06 AM October 13th, I was sitting at my home office desk on the phone with an associate. Suddenly, the entire house (including the floor) shook! An earthquake! The United States Geological Survey was quick to post the epicenter located near Norman, Oklahoma, home to the OU Sooner football ...
Posted in Biblical Economics & Money | Comments Off on 5.1 Earthquake strikes Oklahoma!
Friday, October 15th, 2010
Wall Street and the various policing agencies are becoming increasingly exposed to the chopping block. As the media continues to focus and dissect the underlying issues in the mortgage-backed securities bailout, I suspect there are many banksters having sleepless nights:
Posted in Biblical Economics & Money | Comments Off on The Ground Swell Continues…
Tuesday, October 12th, 2010
This article posted late today confirms my point about all mortgage loans, current or delinquent: http://finance.yahoo.com/news/Foreclosure-Fraud-Its-Worse-cnbc-130283304.html?x=0&sec=topStories&pos=4&asset=&ccode= Unbelievable!
Posted in Biblical Economics & Money | Comments Off on Foreclosure Fraud: It’s Worse Than You Think
Tuesday, October 12th, 2010
We are in a serious mess. Greed has cornered itself in a box canyon and I expect a shootout soon. The banks sold trillions of dollars of mortgage-backed securities and failed to “perfect” the title transfers as well as shoddy handling of paperwork. This is not a new revelation but ...
Posted in Biblical Economics & Money | Comments Off on Foreclosure: The Big Picture
Monday, October 11th, 2010
For the past few years I have been a “watchman on the wall” for the readers of our blogs. The readers were told to expect gold and silver to move notably higher, warned of a Great Recession, and warned of the financial system’s stress due to toxic mortgages. As we ...
Posted in Biblical Economics & Money | Comments Off on Extreme Volatility Ahead
Thursday, September 30th, 2010
"There hasn't been an empire in the history of mankind that has given away its wealth and its power base like the United States is currently doing. What are you doing? You've got 20% unemployment, you're trying to bailout out the Chinese, you're trying to bailout the Indians, you're trying ...
Posted in Biblical Economics & Money | Comments Off on $2,000 Gold
Thursday, September 30th, 2010
Remember when “flipping” houses was the hottest investment around. Just go down to Florida and buy a condo, put it back on the market at a higher price and wait. If you had a good credit score and reasonable cash flow, you could leverage up dramatically thus generate much greater ...
Posted in Biblical Economics & Money | Comments Off on Subsidy of Debt: The Broken Business Model
Tuesday, September 28th, 2010
“Greed is the root of all evil.” Yes, I know we have heard that the “love of money” should start the sentence but the translators could have easily replace the phrase with the word greed. Greed is an excessive desire to possess wealth or goods and it also known as ...
Posted in Biblical Economics & Money | Comments Off on The Game: Easy to get in, hard to get out
Saturday, September 25th, 2010
I have been associated with the technology field for nearly 40 years. It used to be an 8 to 5 job but is now 24x7. Our misassumption is that technology will improve our lives but I beg to differ. It will certainly change our lives but it will also put ...
Posted in Biblical Economics & Money | Comments Off on Stuxnet: a Case against Complexity