economics

Thumbnail image for Warren Cole Smith and Pete Kaliner Discuss Steven Furtick’s $1.7 Million Mansion

Warren Cole Smith and Pete Kaliner Discuss Steven Furtick’s $1.7 Million Mansion

Warren Cole Smith was on the Pete Kaliner Show discussing the recent controversy over N.C. Pastor Steven Furtick, of Elevation Church, spending $1.7 million to build his new 16,000 square-foot mansion. Smith and Kaliner begin the show talking about pastors’ salaries in light of accountability, transparency, and living sacrificially. Kaliner brings up Furtick’s answer to critics that he makes his money from book sales and conferences. And that Furtick and his board of advisers speak at each other’s conferences and events promoting each other.Smith argues that the church is what gave pastors like Furtick their platform for success. He then points to …keep reading »

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Presidential Debate Wordles

 

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Thumbnail image for Celebrate Labor Day: Work to Rest

Celebrate Labor Day: Work to Rest

The first Labor Day was celebrated Tuesday, September 5, 1882. However, it was not until 1894 that Congress made Labor Day a legal holiday on the first Monday of every September. Over 100 years have passed since the first Labor Day and the United States is still celebrating. It is tough to imagine much celebration in parts of America with the official unemployment rate charting over 8%. Celebrating Labor Day when there has been no labor to celebrate might seem ironic. Americans, however, have always been a resilient people who fight to recover and restore what has been lost. Even …keep reading »

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Thumbnail image for An Interesting Occupy Wall Street Exchange

An Interesting Occupy Wall Street Exchange

Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital Inc., engaged some of the Occupy Wall Street protesters at Zuccotti Park. Or maybe it should be said that he attempted to engage them. Schiff asked questions to about their cause trying to find out what would satisfy some of the protesters. His questions were straight forward, but the answers were not. Amazing!

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Thumbnail image for Jim Wallis and Richard Land Debate Morality and the Deficit

Jim Wallis and Richard Land Debate Morality and the Deficit

The video topics break down as follows: Why the budget is a moral document (02:34) What’s the real cause of the deficit? (05:04) Debating taxes for the wealthy and entitlements (08:14) Jim: The poorest shouldn’t bear the brunt of balancing the budget (03:03) Does baby boomer retirement make means-testing necessary? (05:11) The parable of the British piano tuner (06:44) Land and Wallis begin agreeing that debt is a moral issue. Wallis says that the spending on the poor is not the cause of the deficit and wants the faith community to provide a “circle of protection around the poorest and …keep reading »

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Thumbnail image for How Would Jesus Tax?

How Would Jesus Tax?

Lawrence O’Donnell vs. Rush Limbaugh: Biblical lessons from the media? Or – How to do eisegesis? Guess which one argues for the gospel of Jesus Christ.

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Thumbnail image for Work: A Cure for the Monday Morning Blues

Work: A Cure for the Monday Morning Blues

When you have had one of those take-this-job-and-shove-it-days, try this. On your way home after work, stop at your pharmacy and go to the section where they have thermometers. You will need to purchase a rectal thermometer made by the Q-tip Company. Be sure that you get this brand. When you get home, lock your doors, draw the drapes, and disconnect the phone so you will not be disturbed during your therapy. Change to very comfortable clothing, such as a sweat suit and lie down on your bed. Open the package containing the thermometer, remove it, and carefully place it …keep reading »

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Thumbnail image for Blog Action Day 2009: Climate Change

Blog Action Day 2009: Climate Change

Today is Blog Action Day 2009. The topic this year is climate change. The most talked about in this area may be global warming. Global warming is here to stay. The question becomes – What are we going to do about it? Global warming is here, but not necessarily in a literal sense. It exists as an assertion both politically and socially. Recently, Al Gore was asked some inconvenient questions

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Financial Omniscience

Below is a great quote by Ben Stein on knowing the future, especially, the future of financial and economic markets. I am bemused because I have long noticed that almost all economic pundits and soothsayers – whether on television, in newspapers, or at brokerage firms and conferences, are asked to tell the future. And most of them agree to try to do so, and the really successful ones actually say they can do it – and they say it with extreme conviction. Some of them are stunningly well paid for their efforts, even though they are wrong decade after decade. …keep reading »

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Instant Millionaire!

When I first got the email I’ve share below I was just going to post it to show share the attempted scam.  It’s either a scam or someone is actually willing to give me $4.5 million!  Yeah, I’m holding my breath.  I’ve seen stories on investigative reporting shows about such scams.  Then I thought, why do people continue mailing and emailing these fraudulent requests?  Why did so many people fall for the current Wall Street scandals?  Why do people attempt to commit this fraud to begin with?  The main reason these things happen is because the perpetrators and the victims …keep reading »

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Obama, Higher Taxes, Selfish Virtue

I want to offer an idea that is atleast a step in the right direction for those who favor Obama’s tax increase.  I read the article where is quoted concerning taxes and selfishness Obama. “John McCain and Sarah Palin they call this socialistic,” Obama continued. “You know I don’t know when, when they decided they wanted to make a virtue out of selfishness.”(Source: ABC News) So if someone believes the government should work a bit differently when it comes to raising taxes they are trying to make selfishness a virtue?  The government is an entity made up of people and …keep reading »

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An Economic Fix by Dave Ramsey

In the recent days of Congressional cat fights and talk of a $700 billion Congressional bailout Dave Ramsey has offered a solution.  Ramsey calls it The Common Sense Fix.  Dave Ramsey is certainly a common sense kind of guy.  I got to meet him, volunteer for him and have dinner with a few of his staff.  Great folks all.  The common sense Dave you see and hear on TV and radio is the same guy I met and learned about via his employees.  Now, onto Ramsey’s Fix which seems to be a sensible approach to this whole economic ordeal. This …keep reading »

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