Economics

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Bankruptcy at last... just maybe...

Like I was saying...

It's what should have happened years ago. Bankruptcy. Think of all the time and money wasted since then.

If the EU does anything to try to forestall bankruptcy now, in light of what appears to be an overwhelming "no" vote by Greece's citizens today, all sanity has departed...


Greece, again and again and again...

Pastors and Bible scholars love to bloviate about economics, but we're only posers. We're like young mothers who have dallied in alternative medicine and lecture other young mothers, and even the dieticians, physicians, pharmacists, and nurses of our congregation, on the dangers of pasteurized milk and the benefits of organic toilet paper. Sure, theft is wrong, even and especially when done by a government, but having said that, we've said almost nothing.

So I am fearful of being a fool in saying something about Greece, but I can't restrain myself. There are two headlines about Greece on Google's News Page just now. One is the BBC's "Greek debt crisis: Emergency EU summit due on Monday" and the other is this from Reuters: "Greece may offer more in debt talks as clock ticks."

Do they take us for fools? Speaking of a "crisis" and telling us the "clock ticks" can only be understood as communicating that time has run out and something dire is about to happen. But of course we've been around this rathole with Greece now for years, and long ago President Merkel made it clear she would protect Greece from bankruptcy. She plays her part well. The rest of the EU utters "World War II" sotto voce and what heart President Merkel has goes all a-flutter with the implications. And really, that's all there is to this whole debacle...


Feminists lie...

Feminists lie. What do they lie about?

Well, for starters, those who claim to be Christians lie about that. "Feminist Christian" is an oxymoron unless by "feminist" one means someone who is an advocate...


Republicans and the middle class...

For Biblical reasons, I am neither a Democrat nor a Libertarian. Not a Democrat because Democrats run every campaign on envy, sexual perversion, and bloodlust. Thus a vote for the Democratic ticket is the open denial of our Lord Jesus Christ.

And not a Libertarian because I've noticed their commitment to freedom causes them to cower before the druggie, sexual pervert, and bloodlust lobby. Liberty trumps God's Moral Law, turning upside down what the Holy Spirit reveals concerning the purpose of all civil authority (what we call "government"):

...it is a minister of God to you for good. But if you do what is evil, be afraid; for it does not bear the sword for nothing; for it is a minister of God, an avenger who brings wrath on the one who practices evil. Therefore it is necessary to be in subjection, not only because of wrath, but also for conscience’ sake. For because of this you also pay taxes, for rulers are servants of God, devoting themselves to this very thing. (Romans 13:4-6)

God ordains governors and the taxes we pay to the end that...


Government is the enforcer for the middle class's predators...

Here's a short piece explaining that the modern state has no choice but to sink its fangs into the middle class and suck it dry. An excerpt


It's a mad, mad, world...

Conversation between teacher-mother and her student-son:

Son: Mom, did you know India has the most starvation in the world? But they also have the most cattle. Because they think cows are sacred....It's like Africa where so many people die because of malaria but they love the birds too much to kill the mosquitos.
Mother: Hmm, yeah. Except it's not the Africans that love the birds, it's the Americans.
Son: What? You mean the Africans would?
Mother: Probably.
Son: How could we have so much influence?
Mother: Cause we're the most powerful country in the world, and the richest.
Son: The richest?! I thought we were in debt for like a hundred kazillion dollars!!
Mother: Yeah, well there is that.


Your tax and missions dollars at work...

Vice President Joe Biden and our new ambassador to Japan, Caroline Kennedy, have been tag-teaming Tokyo, hectoring the Japanese over their national failure to push mothers out of their homes and into office cubicles and factories. Joltin Joe and his pretty sidekick say Japanese women need to stop caring for elderly family members and children and begin to do something constructive that will show up in Japan's gross domestic product. Something like programming a robot instead of teaching a child. Something like feeding hundreds of adults in a cafeteria instead of their children in their own kitchen.

This is what our tax dollars pay for: American women who despise femininity and motherhood moving to foreign countries where they work to pollute those nations with our most contagious disease...


The family wage honored motherhood...

Bob Patterson has a piece in Philly's Inquirer on President Taft's creation of the U.S. Children's Bureau. Headed by Julia C. Lathrop, the Bureau was a "Progressive initiative that sought to protect both motherhood and childhood from the emerging industrialized order":

(Lathrop was a) social conservative (who) believed that maternity - by generating new life for society - trumped the demands of industry and commerce. Considering motherhood "the most important calling in the world," she worked tirelessly to give the at-home mother "the status of a profession".... Lathrop's successor, Florence Kelley, shared the same goals, safeguarding the "fundamental rights of children," including a "normal home life" and childhood that presumed married parents and maternal care and nurture through the early teen years.

"Childhood that presumed married parents and maternal care and nurture through the early teen years." A century ago our civil magistrates created economic policies that honored fatherhood and motherhood. Today they create economic policies that honor sodomy.

Patterson continues...


A man given over to the love of money...

Luther said "God often gives riches to those gross asses to whom He gives nothing else." I was reminded of this reading the news that Warren Buffet is bullish on America because our women are finally getting the benefits of our unique economic system that specializes in "unleash(ing) human potential."

Since the beginning of time mothers have been the very center of the unleashing of human potential, or so I thought? Women have been free to be generalists who introduced their children to the universe as their husbands slaved in mind-numbing specialties introducing money into Warren Buffet's coffers, but now Old Moneybags wants the mothers, too? Who does he think will raise the children once all the bright women are in his offices and all the strong women are in the Armed Forces?

All the stupid weak women?

In this editorial in Fortune, Buffet announces:

America has forged (her past) success while utilizing, in large part, only half of the country's talent. For most of our history, women -- whatever their abilities -- have been relegated to the sidelines. Only in recent years have we begun to correct that problem.

Note that "we." Noblesse oblige.

What of Christians who sacrifice half their household income...


Nationalized health care: where to now?

From Bob Patterson, helpful thoughts on nationalized health care. Sadly, I think he's right in his fatalism and his dismissal of doctrinaire rear-guard actions.


Two oped pieces worth reading...

Two opeds: first, a piece Bob Patterson did for the Philly Inquirer on the Republican Party's continued bondage to stale economic principles; and second, a piece by the Plain Dealer's deputy editorial page editor, Kevin O'Brien, concerning the coming ruling by SCOTUS on so-called sodomite marriage. Here's how O'Brien's piece ends...


He who saves his life will lose it...

So many people have forwarded links to this article that I stop my work to post it here for those who haven't yet read it. As one young student at Clearnote Pastors College notes, although the article is on the population decline in these United States, it touches a number of other important subjects including, "children not caring for their parents because of Social Security, outsourcing our fertility to Hispanics, and college being detrimental to fertility."


The rich man's party...

Good piece by Bob Patterson on the need for the Republican Party to turn an eye—only one, OK?—to the middle class. Doubt they'll listen.

Bob starts with an "Eewww" for the National Review and its recent policy summit. I'm always up for bashing the men who gave over conservatism to the neocons.

Anyhow, teaser quote:

The (Republican) party needs a new policy platform—not a repackaging of Ayn Rand novels or the ideology of Austrian economists...