Aug 292016
 

ronin

Zero Hedge: “As Reuters’ Howard Schneider summarized in his Jackson Hole post-mortem,  “mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward with bold measures. These would range from immigration reform in Japan to structural changes to boost productivity and growth in the U.S. and Europe.”

Without that, they said, it would be hard to convince markets and households that things will get better, and encourage the shift in mood many economists feel are needed to improve economic performance worldwide.”

Opinion: The Jackson Hole conference of central bankers from around the world presented a menu of exotic monetary solutions:

  • Fed takeover of short-term debt markets
  • Abolishing cash
  • Negative interest rates
  • Open immigration
  • Abandon monetary policy altogether and focus on urging runaway deficit-spending

dangerDueling theories that make no sense bring to mind the catch-phrase from the 1970′ TV series Lost In Space, as the Robinson family faced strange alien encounters, their robot would warn  … “Danger Will Robinson”.

And when a room full of Keynesian economists who have never run so much as a lemonade stand get together to decide how to handle roughly two-thirds of the world’s money supply, the catch-phrase beginning with the word danger is appropriate.

If you look back up at the 4 bullet points again, you’ll notice that none suggests that debt is the problem.

Moses knew that (Deuteronomy 15:6), and so did Solomon (Proverbs 22:7), who some say was so wealthy that in today’s terms he would be a trillionaire.

 

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Aug 242016
 

claude

Zero Hedge: “If The British needed any more confirmation of their decision to leave the EU, Jean-Claude Juncker, president of the European Commission, just gave them a big one. The often incoherent “when it’s important, you have to lie” politician spewed more United States Of Europe tripe this morning when he called for European nations to drop border controls, claiming that borders were “the worst invention ever.” Britain’s new PM, Theresa May, was not amused.

Speaking at the European Forum Alpbach in Austria’s Tyrol, Mr Juncker said: “Borders are the worst invention ever made by politicians” and said solidarity must be given to refugees and their children… (Border bullshit starts at 10:15 – note the mindless applause from the audience when Juncker drops his line).”

Opinion; Jean-Claude Junker should take that up with God, because He is big on borders:

“On the same day the Lord made a covenant with Abram, saying: “To your descendants I have given this land, from the river of Egypt to the great river, the River Euphrates” Genesis 15:8.

“When you come into the land of Canaan, this is the land that shall fall to you as an inheritance—the land of Canaan to its boundaries” Numbers 34:1-12.

“This is the boundary of the children of Judah all around according to their families” Joshua 1-12.

“When they had made an end of dividing the land as an inheritance according to their borders, the children of Israel gave an inheritance among them to Joshua the son of Nun” Joshua 19:1-51.

And just in case anyone believes that God intended the land of Israel (Genesis 35:10) for anyone other than the descendants of Abraham, Isaac, and Jacob, recall Editor’s post on Sunday:

The Bible identifies Him as “the God of Israel” 203 times, “the God of Jacob” 28 times, “the God of Abraham” 17 times, and “the God of Isaac” 13 times. Never is He called the “God of any other ethnic group.” These designations are foundational to everything the Bible teaches, including the very character of God.”

When Jesus comes to restore the land, Israel will have every square inch that God promised to Abraham:

themap

 

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Aug 242016
 

Rescuers and firemen inspect the rubble of buildings in Amatrice on August 24, 2016 after a powerful earthquake rocked central Italy. The earthquake left 38 people dead and the total is likely to rise, the country's civil protection unit said in the first official death toll. Scores of buildings were reduced to dusty piles of masonry in communities close to the epicentre of the pre-dawn quake in a remote area straddling the regions of Umbria, Marche and Lazio. / AFP / FILIPPO MONTEFORTE (Photo credit should read FILIPPO MONTEFORTE/AFP/Getty Images)

(Rescuers and firemen inspect the rubble of buildings in Amatrice on August 24,2016 (FILIPPO MONTEFORTE/AFP/Getty Images)

Breitbart: “Amajor earthquake has rocked central Italy, demolishing ancient hill towns, killing scores and leaving thousands homeless.

Update 15.20 BST – 73 people have died

At least 73 people have killed in the 6.2 magnitude quake, including a family of four who were found trapped beneath rubble showing no signs of life, Reuters reports.

CNN: It’s a haunting reminder of the exact moment an earthquake reduced the historic town of Amatrice to rubble. A single clock tower (above), miraculously still standing amidst the debris, and frozen on the time 3:36 a.m

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Aug 182016
 
Russian Military Forces Staging Near Ukraine

Washington Free Beacon: “The Pentagon has identified eight staging areas in Russia where large numbers of military forces appear to be preparing for incursions into Ukraine, according to U.S. defense officials. As many as 40,000 Russian troops, including tanks, armored vehicles, and air force units, are now arrayed along Ukraine’s eastern border with Russia. Additionally,

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Aug 162016
 
Israeli Mall A Symbol Of Co-Existence for Jews and Palestinians

JPost: “Politicians on Monday afternoon dedicated a new mall for settlers and Palestinians at the Gush Etzion junction, which has been one of the hot spots for terror attacks during the last year. “The opening of this mall sends an unequivocal message to our enemies that you won’t break us,” said MK Nurit Koren [Likud].

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Ukraine Crimea: Russia sends new air defence missiles

 Bible prophecy, End Times, EU, GEO POLITICS, Russia, Ukraine  Comments Off on Ukraine Crimea: Russia sends new air defence missiles
Aug 132016
 
Ukraine Crimea: Russia sends new air defence missiles

BBC: “The Russian military has announced the delivery of new air defence missiles to Crimea, in a move scheduled before the latest tension with Ukraine. The S-400 Triumph missile systems were earmarked for troops in Crimea last month, Russian media said at the time. Moscow also announced exercises in Crimea next week to simulate an

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Aug 122016
 
Global Warming Extremists Try To Silence Science — Again

Investors Business Daily Op-Ed: “Global warming advocates like to pretend they are open-minded, all about science. But let someone else’s science get in the way of their “consensus,” and you find out how little they really believe in science. Just ask Professor Valentina Zharkova of Britain’s Northumbria University. She and a team of researchers conducted

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