Tag: bailout

Money As Debt

Fascinating video about how money works, showing that money is actually nothing more than promises. So the correlation between keeping promises and financial health is made clear.

Revaluation of Debt

I could title this post “The Jubilee Factor” because it is a simple observation about the teaching of the biblical Jubilee and how it speaks to the current world financial crisis. So, what is the Jubilee? The Jubilee year (Leviticus…

Take It Back

When people get serious about taking America back from the Liberals, they will need to go back in history to see when and how our constitutional republic was lost. It will be discovered that Barack Obama is not responsible for…

The Madoff Scandal

So, Bernard Madoff pled guilty and will go to jail. Not only do we taxpayers have to pay for his crime, but now we have to pay for his food and rent for the rest of his life. But that’s…

Putridity

Something is very wrong, and the “authorities” are unlikely to fix it. Ostensibly, it is a financial crisis, and the financial world is surely a wreck. But the question we haven’t dealt with yet pertains to the kind of crisis…

Fed Cred

Ad fontes—to the source! “Holy Cow, Batman! What about the credit crisis?” “Well, Robin, it’s not really about money.” “Not about money?! Then what is the problem?” “Some say it is a credit crisis. Some say its a lack of…