My Weekly Thoughts
Random thoughts on God, life, work, family, country and the world. Meanwhile, take time to let a soldier know he's not forgotten. Visit Any Soldier to find out how.

Archive for the ‘Banking’ Category

Myth-conceptions About Government and Finance

October 13, 2009

For those who want to know how complex some of the labor and retirement laws are, check this out: Participants and Advisors Are Hurt By High 401K Fees. Apparently the retirement plans have high fees the advisors never get any part of, and may not be aware of. But, that’s not the kicker. To find […]

Global Warming Alarmists, Unemployment, and History Repeats

October 6, 2009

In the latest salvo by global warming alarmists, it is being claimed that the economic downturn is an opportunity to build a low carbon future.  China and others are angry that western nations are trying to keep the emission targets from being legally binding.  But, those same nations come uder no real threat from the […]

Around the World…and Healthcare Non-Reform?

September 14, 2009

In world news, Germany faces energy decisions that are changing power lines (pun intended).  Due to be phased out by 2022 after the Greens passed legislation in 2000, the Christian Democratic Union (CDU) is trying to revamp and start construction again.  Despite the expense of building nuclear plants, they are cheap to run.  And, with […]

Revealing Leftism and Healthcare Lies In the Media

July 13, 2009

For those who wonder just how leftist the media and the country are going, take a look at this CNBC discussion of the second round of AIG bonuses. Kindly notice that Leslie Marshall (from national Radio) and Tanya Acker (from the Huffington Post) are in favor of throwing legal obligations to the wind based on […]

One Islamic Currency..To Go With Islamic Financing

May 25, 2009

Did you know that Arab states are trying to create a unified currency? They still have a long way to go, of course, but the discussions have been going on for a while now. Similar economic structures, as well as currencies already pegged to the same standard (usually the dollar) will make that easier. But, […]

Obama and Government Financial Games

May 23, 2009

First, it was western banks and financial institutions. Now, Chinese banks are accused of taking excessive risks. Chinese banks’ surge in lending to support the government’s stimulus package is leading to excessive risk taking, said the Fitch ratings agency. The Fitch agency’s main point is the focus is on short term profits, instead of long […]

Banking, Education…and Islam

May 8, 2009

Despite Ben Bernake’s news of increased consumer spending, things are not what they appear. According to The Economist, consumption will remain in a depressed state for years. Why? Since the early 1980s, spending by households on goods, services and homes has grown faster than GDP, making it the locomotive of American—and global—expansion. By 2006 it […]

Democrats on Taxes, Banking, and Healthcare…Nothing But Lies.

May 7, 2009

There was a very interesting discussion of ”What Is Rich”. President Obama, and most Liberal politicians, intend to raise taxes on those making $250,000 or more. Unfortunately, that is a very arbitrary standard. An income of $250,000 is a lot richer in Abilene, Texas, than in New York’s Nassau County, where it takes $430,000 to […]

The Banking Crisis, Anger and Islam

March 31, 2009

There has been a lot of media hype lately about the financial crisis. And, of course, the crisis has EVERYONE’S attention. But, what isn’t covered, or dealt with openly is the seething anger below the surface. This was best revealed on the Tonight show when President Obama was a guest. Jay Leno described the immense […]

My Rant On Debt, Debt and More Debt

March 21, 2009

Debt is scourge on the American people. According to America’s Total Debt Report, 2008 debt was $186,740 per man, woman and child – – 6.4 times higher per capita than in 1957. The report also shows that higher debt reduces the level of real national income while adding little to the economy. In fact, according […]