Tuesday, July 23, 2013
Melowese Richardson Convicted of Voter Fraud in Ohio
Will the United States Follow Detroit?
The Obama administration ignored centuries of contract law in the GM bailout. Union members were moved to the head of the line, and creditors were pushed back. Most in Detroit are also friends and supporters of the Democrat Party. Will the federal courts follow the law? Will the lawyer-in-chief provide additional guidance?
Thursday, June 13, 2013
Religious Liberty In the U.S. Armed Forces from FRC
"The Fleming amendment protects the right of service members to not only hold religious beliefs but to act on them and freely practice those beliefs as long as they pose no threat to U.S. Constitutional liberties.
"This chilling suppression of religious freedom is driving faith underground in our military and will eventually drive it out. This not only deprives those who serve of the benefits that flow from religious participation, but it undermines the moral foundation of the world's most powerful military and the country they serve. This should concern everyone.
"We commend Rep. Fleming and the House Armed Services Committee for taking action to protect the rights of service members to freely practice and express their faith. More than 167,000 Americans have signed our petitions in the wake of religious liberty violations that are becoming more and more frequent."
Friday, June 7, 2013
America Is Bankrupt and Sinking Fast
Dr. Bernacke's term ends early next year. He has done his best to take the wealth of the poor and elderly and subsidize those “greedy” bankers. Taxpayers now own $5,000B of mostly toxic debt. I have been an investor for almost 20 years, and I would never buy foreclosed or defunct debt for 100 cents on the dollar. The banks may increase lending now that they have fewer “non-performing assets”, but the 2009 bailout resulted in a massive consolidation but not much lending.
We are forced to give the government our hard-earned resources through government taxes/fees, borrowing and printing money. There are fortunately enough in government who believe that we have been Taxed Enough Already – although they are are in the crosshairs of the American Gestapo (IRS). The world has grown cold to buying U.S. debt. The Fed now buys the majority. Debasing the currency has been used since the U.S. became a debtor nation. What cost $1 in 1913 when the Federal Reserve Act was passed now costs $23.49. I have a $100Trillion note from Zimbabwe demonstrating the extreme result of debasing a currency. I also have a $5000 coin from Mexico. Clinton had to bail out our neighbor during his first term.
We have had 2 large bubbles burst already this century – the tech bubble and the housing bubble. There are 4 others set to burst, the dollar bubble, the government debt bubble, the student loan bubble and the personal credit bubble. Many nations want to replace the dollar as the reserve currency with a “basket of currencies” - the dollar, euro, pound, yen and yuan. This would be like SDRs from the IMF. The national debt is about $17T. Interest is about $400B each year with a 2-year Treasury note at 0.3% If the interest rate goes to 3%, then the interest will be $4,000B. The default rate on student loans is often more than 20%. Interest rates will be tied to the 10-year rate + 3.4%. This is currently 5.38% As home prices recover, Americans will again use the “equity value” in their homes as an ATM machine. It would be a great time to remember that the debtor is a slave to the lender!
Monday, May 27, 2013
The Alternative Biography of Owe-bama
http://www.obamasrealfather.com/
Saturday, May 25, 2013
Boy Scouting and Sexual Immorality
To do my duty to God and my country
and to obey the Scout Law;
To help other people at all times;
To keep myself physically strong,
mentally awake, and morally straight.
Scouting has existed for over a century. Men of character have provided leadership to boys and young men to become men of character. The BSA has decided that morally straight is no longer important and that sexual immorality is welcome in scouting. Men and women of character should immediately abandon BSA and move to Godly character-building organizations like Approved Workmen Are Not Ashamed (AWANA):
2 Timothy 2:15, Do your best to present yourself to God as one approved, a worker who does not need to be ashamed and who correctly handles the word of truth.
Tuesday, April 9, 2013
Excerpts from Margaret Thatcher March 1995
Capitalism is not - contrary to what those on the Left have tried to argue - an amoral system based on selfishness, greed, and exploitation. It is a moral system based on a Biblical ethic. There is no other comparable system that has raised the standard of living of millions of people, created vast new wealth and resources, or inspired so many beneficial innovations and technologies.
The wonderful thing about capitalism is that it does not discriminate against the poor, as has been so often charged; indeed, it is the only economic system that raises the poor out of poverty. Capitalism also allows nations that are not rich in natural resources to prosper. If resources were the key to wealth, the richest country in the world would be Russia, because it has abundant supplies of everything from oil, gas, platinum, gold, silver, aluminum, and copper to timber, water, wildlife, and fertile soil.
Why isn’t Russia the wealthiest country in the world? Why aren’t other resource-rich countries in the Third World at the top of the list? It is because their governments deny citizens the liberty to use their God-given talents. Man’s greatest resource is himself, but he must be free to use that resource.
capitalism encourages important virtues, like diligence, industriousness, prudence, reliability, fidelity, conscientiousness, and a tendency to save in order to invest in the future. It is not material goods but all of these great virtues, exhibited by individuals working together, that constitute what we call the “marketplace.”
Freedom must be informed by the principle of justice in order to make it work between people. A system of laws based on solid moral foundations must regulate the entire life of a nation.
I am an enthusiast of democracy because it is about more than the will of the majority. If it were only about the will of the majority, it would be the right of the majority to oppress the minority. The American Declaration of Independence and Constitution make it clear that this is not the case. There are certain rights which are human rights and which no government can displace.
The price of freedom is still, and always will be, eternal vigilance. Free societies demand more care and devotion than any others. They are, moreover, the only societies with moral foundations, and those foundations are evident in their political, economic, legal, cultural, and, most importantly, spiritual life.