A reoccurring topic has been the growth of the underclass in America — people who are unemployed, underemployed, partly employed, or even though will regular jobs but who pay is going down directly from wage cuts or indirectly from inflation. A recent edition of the New York Times had a short human interest piece on the growing … Continue reading “The Underclass of America”
Current monetary policy will end badly
I have often argued that the current economic, fiscal, and monetary policy in the US will create conditions that will enable the Beast to gain dominion over America. Drastic change is needed move America towards a different destiny. The start of the ‘sequester’ (previously referred to as the ‘fiscal cliff’, which represents the start of … Continue reading “Current monetary policy will end badly”
Economic Policies of the End of Days (revisited)
The economic policies that will lead us to the End of Days are still in place. The export of jobs from America and Europe (one aspect of ‘globalization’ of the economy), the massive use of government borrowing and printing of money to offset the economic effects of those job losses, and the subsequent worsening of … Continue reading “Economic Policies of the End of Days (revisited)”
The ‘success’ of US economic policies
Following up on the previous blog, I thought I would post a couple of more links to related stories (http://finance.yahoo.com/news/middle-class-expenses-grow-faster-111900178.html, http://www.huffingtonpost.com/2013/03/09/dow-jones-record-high_n_2839862.html). The US economic policies as they relate to trade, fiscal, monetary, and immigration, have been a tremendous ‘success’ story for large US corporations. On the cost side, ‘globalization’ has allowed them to freely move their … Continue reading “The ‘success’ of US economic policies”
Wealth distribution — it is not about taxes
CNN posted a video from Youtube entitled, ‘Wealth Inequality in America’. It is reported to have gone viral with 3.8 million hits. Given CNN’s track record, I would assume that their pundits would argue that this supports the view that we need to raise taxes on the rich. Whereas the tax code is in need … Continue reading “Wealth distribution — it is not about taxes”
Bits and Pieces
The Growing Underclass in America With Bernanke and the Fed still in the midst of an unprecedented money printing splurge, the federal government still continues to undermine the incomes of working Americans. Despite what the media says about a reduction in the unemployment rate, what is usually not mentioned is that fewer people are employed than before … Continue reading “Bits and Pieces”
We are not alone…..and I am not talking about ETs
This site has made certain arguments about the negative effects of US economic policies (trade, fiscal, and monetary) and their implications for the prophecies of Revelation. Though I have not yet read the book, I have seen some interviews with David Stockman about his recently published book, ‘The Great Deformation’ (http://finance.yahoo.com/blogs/daily-ticker/stockman-bubbles-over-hide-cash-150205492.html). Some of his arguments … Continue reading “We are not alone…..and I am not talking about ETs”
Bits and Pieces
We recently posted a link to a US federal report that argued that the current drought that has been affecting central US since last summer has no connection to global warming. Here is a rebuttal to that rebuttal (http://thinkprogress.org/climate/2013/04/12/1859541/yes-climate-change-is-worsening-us-drought-noaa-report-needlessly-confuses-the-issue/?mobile=wt) . It raises some interesting points as well as making references to a number of other research … Continue reading “Bits and Pieces”
A breakup of the current EU?
In the past we have argued that a breakup of the EU as it is currently structured is consistent with the prophecies of Revelation. Consensus interpretation of the relevant scriptures is that the Beast will come to lead a 10 nation confederation, and the current EU has 28 member nations. We concede that there is … Continue reading “A breakup of the current EU?”
Bits and Pieces
I am still working on the rewrite for the Erosion of Democracy piece. It is an ambitious topic, so though it will still be relatively terse, it will take some more time. Food Production However, I recently read that there are expectations for a global bumper crop of wheat. Barring any sudden weather disaster, it … Continue reading “Bits and Pieces”