Archive for December, 2007
Monday, December 31st, 2007
We begin with: John 3:16 For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. There is so much revelation contained in this one verse yet for the most part we have missed ...
Posted in Love | Comments Off on For God so loved…
Sunday, December 23rd, 2007
What is fraud? It is "the intentional deception resulting in injury to another person." The Scripture has several stories containing fraud. Jacob defrauded is brother. Laban defrauded Jacob. The list goes on. Typically, fraud has scarcity connected to it. Jacob thought that Isaac's blessing was going to Esau ...
Posted in Biblical Economics & Money | Comments Off on Fraud and Deception in the Financial Markets: Crisis may make 1929 look a ‘walk in the park’
Monday, December 17th, 2007
An article in the Telegraph (U.K.) this weekend discusses the need to reduce the capital reserve requirements of banks (see http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/15/cnbanking115.xml). The reserve requirements of a bank dictate or govern the amount of money banks can loan. It is a "buffer" or reserve of cash to guard against ...
Posted in Biblical Economics & Money | Comments Off on Code Red: International Banking Liquidity has serious problems
Thursday, December 6th, 2007
Many people who read this site have financial assets whether they be bank deposits, stocks, or bonds. In recent years, the financial industry has promoted the use of electronic deposits of stocks, bonds, and other instruments. I am no longer confident that this method is safe from disruption. ...
Posted in Biblical Economics & Money | Comments Off on Financial Safety within the System: Current Status-Orange
Sunday, December 2nd, 2007
On a recent flight I sat next to a gentleman from Venezuela. We spoke about the economic conditions within the country. The people are restricted in their ability to purchase goods outside the country. The current political system has strongly endorsed the use of credit cards by its people. Why? ...
Posted in Biblical Economics & Money | Comments Off on The Quest to Control Currency
Sunday, December 2nd, 2007
1 Timothy 6:10 “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” In a recent trip abroad, I once again saw the continued decline of customer service. Doesn’t ...
Posted in Biblical Economics & Money | Comments Off on Customer Service Economics