Archive for the ‘Biblical Economics & Money’ Category
Friday, March 20th, 2009
Everyone is outraged by the AIG bonuses in the millions. However, AIG had to make good on its contracts in the derivatives arena (insurance claims). So, The U.S. Government gives our money to AIG who then pays out these claims so that the system will not fail. Some of this ...
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Wednesday, March 18th, 2009
Predictions fall into two basic categories: physical and spiritual, or seen and unseen. The physical realm of cause and effect includes the economic principles we use to navigate through the muck and mire. Economic principles address supply and demand of rational human behavior given a set of circumstances with a ...
Posted in Biblical Economics & Money | Comments Off on Predicting the Future: A Dollar Crisis
Tuesday, March 17th, 2009
Proverbs 6:2 Thou art snared with the words of thy mouth, thou art taken with the words of thy mouth. Words have lost their value in America. Leaders have become magicians with their terminology. Former President Clinton attempted to redefine the word "is" and phrases such as "sexual relations". ...
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Friday, March 6th, 2009
According to the Federal Reserve, the total outstanding Home Mortgage Debt on September 30th, 2008 was $10.571 Trillion. See: http://www.federalreserve.gov/releases/z1/Current/z1r-4.pdf Page 94. The U.S. Government as of this writing as committed $9 Trillion to the Financial System. See: http://www.nytimes.com/interactive/2009/02/04/business/20090205-bailout-totals-graphic.html Just add a little more and pay off everyone's home. That ...
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Thursday, March 5th, 2009
When the U.S. was on the gold standard, other governments could demand payment in gold. Under the regime of the French President Charles de Gaulle up to 1970, France reduced its dollar reserves, trading them for gold from the U.S. government, thereby reducing US economic influence abroad. This ...
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Sunday, March 1st, 2009
I agree with Jim Rodgers concerning the condition of the U.S. for the next two years: Jim Rodgers Interview
Posted in Biblical Economics & Money | Comments Off on Who is "The Consensus"?
Sunday, March 1st, 2009
The financial markets hit a 12 year low this last week, down 50% from the high in 2007. A "Bear" market is characterized by falling prices for securities. The bear market will continue until investors are finally fed up with losses in the market and leave in masses. That has ...
Posted in Biblical Economics & Money | Comments Off on Era of Instability is in acceleration!
Tuesday, February 17th, 2009
In a speech earlier this month, President Obama called the current situation "an urgent and growing crisis". This crisis did not begin in the last six months. Anyone with access to the consumer statistics in adjustable rate mortgage payment resets, overall debt as a percentage of income, ...
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Wednesday, February 4th, 2009
Pundits on TV tend to make us believe that commodities are in unlimited supply with improved technology as the basis for finding this "unlimited" supply. For the first time in 16 years, the price of gold has surpassed the S&P 500 Index. For the previous 18 years, the S&P Index ...
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Thursday, January 29th, 2009
In this complex world we are confronted with discerning intent on a daily basis. Intent is purpose, an anticipated outcome that guides your planned actions. Intent has a beginning point and a direction. Direction is established by a beginning point and at least one additional point or position, effectively a ...
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