As the Obama administration has completed its negotiations for the Trans Pacific Partnership (TPP) trade deal, both Donald Trump and Bernie Sanders were quick to pounce: Trump tweeted The incompetence of our current administration is beyond comprehension. TPP is a terrible deal. Of course, agreeing with Mr. Trump on the first statement in no way […]
Archives
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International Monetary Fund warns on the bubble they encouraged! But has the horse already left the barn?
30 Sep 2015
Yes, another blog post on the Fed’s failed monetary policy. I hate to keep blogging on this particular issue, but it continues to be the major economic issue facing us. Now that the effects of the easy credit bubble deflating are becoming apparent to everyone, including famed corporate takeover investor Carl Icahn, the IMF is […]
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In Fed We Trust!
16 Sep 2015
Tomorrow the Fed will announce its decision on whether to increase interest rates for the first time since 2006, and the markets seem to be thinking we’ve got at least another meeting until it happens. Markets are up in the last couple of days and even long-beaten gold is catching a bid, sensing that interest […]
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Boom Boom! Bust?! What’s next for world markets?
23 Aug 2015
Lots of press the last few days on the markets crashing, with the first stock market correction since 2011. I’ve been warning that this won’t end well, but that doesn’t mean I have the answer to what happens next–if I did I would be making the trades first thing tomorrow to profit from it myself. […]
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As we continue in the “new normal” of lower than trend growth in the Obama Era, last week saw 2.3% growth in the 2nd qtr after only a revised upward 0.6% in the 1st qtr, we must ask why. I have argued before that whether you are a progressive or a conservative, you ought to […]
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In one of the rare triumphs (likely fleeting–see below), the Republicans actually let the Import-Export Bank die a most well-deserved death by refusing to renew its charter which expired at the end of June. For those that don’t know, this government program is known as “Boeing’s bank,” since it subsidizes loans to foreigners who are […]
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That is the question raised in an op-ed over at the NYT (hat tip to The Gospel Coalition), covering the recent video sting of planned parenthood operatives calmly (while eating lunch!) discussing how they make sure to crush the unborn child in a manner that allows them to still harvest the vital organs to sell. […]
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Yepper…well worth a watch, from his presentation at the Family Research Council last week. As the world tells us to be quiet, Mr. Grudem calls pastors to speak towards issues that Christians should be a positive influence on. I think it strikes a nice balance. What do you think? Add your comments below.
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Why did he do it? The media say we may never know why Mohammad Youssuf Abdulazeez killed four marines
17 Jul 2015
And its true; we may never know. But this is not hard, and we can be reasonably confident what the motive was–at least what the most likely motive was. It’s the same motive that drives many people, on many different issues. This includes most young people that currently support same-sex marriage, as well as Christian […]
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As many conservative observers have noted, the same-sex marriage decision by the Supreme Court is not the end of the culture wars, but only the next step in an increase in the progressive push to transform our nation. This was always the lie believed by many in our culture, both Christian and non-Christian, the “can’t […]