Metallic Pea

Frustrating People Since 1971.

Posts Tagged ‘Debt

Two Arminians Walk Into a Bar…

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‘Better to live on a corner of the roof than share a house with a quarrelsome wife.’  ~ Proverbs 21:9

  • In the Land of the Free, however, you can have cops point guns at you for selling milk. Milk!
  • [U]ntil the debt is wrung out of the system, either through default or raging inflation – there’s no chance of it actually being paid in anything remotely resembling current dollars – the equivalent of an economic Black Death is going to plague the land.’
  • Many of the foods we eat are genetically modified to resist pesticides. The crops absorb the poison—and we eat it.
  • People’s willingness to hold money can change suddenly for a “psychological and spontaneous reason”, causing a spike in the velocity of money [i.e., hyperinflation]. It can occur at lightning speed, over a few weeks. The shift invariably catches economists by surprise. They wait too long to drain the excess money.’
  • Dying of Money’ available for download free of charge here. [UPDATE: Due to a surge in interest, the book is no longer free of charge.  However, a new copy may be obtained here for $34.95.]
  • Jules Dervaes explains why sustainable, local agriculture is vital to our freedom—and survival:

  • The plain truth is that [Abraham] Lincoln was deeply reviled by many who knew him personally, and by hundreds of thousands who only knew of him.’

It’s the $40 oil that is disappearing. There’s still plenty of $200
oil.’ ~ Rick Rule

  • It is now apparent also that the president himself, even before the attack, had intended to order the U.S. armed forces to make a pre-emptive strike against the Japanese in the southwest Pacific in order to assist the British in southeast Asia. But the Japanese “jumped the gun” on him by bombing Pearl Harbor on December 7, 1941.’
  • Soccer players have lost altogether whatever remained of sportsmanship:

  • We demand that the states of the union shall be preserved in all their vigor and power. They constitute a bulwark against the centralizing and destructive tendencies of the republican party.’ ~ 1924 Democratic Party Platform
  • I forgive you, honey. Now, why don’t you just…go to sleep?
  • China is considering ending its policy of pegging their currency to the Dollar.
  • [O]ur ruling class’s standard approach to any and all matters, its solution to any and all problems, is to increase the power of the government – meaning of those who run it, meaning themselves, to profit those who pay with political support for privileged jobs, contracts, etc.’
  • Lunacy in our government is not new—Hamilton exhibited extraordinary amounts of ridiculousness:

  • Many books have been written on the Calvinism/Arminianism debate. I do not know of any work that presents the debate and the outworking of the different tenets better than this series does. The script tellingly and incisively sets forth the errors of Arminianism, yet it does so compassionately.’
  • In the name of Christian charity, we are being asked nowadays to subsidize evil.’
  • Police State America: Talk About Jesus and Go to Jail.
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Economics of Serendipity

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‘Dishonest money dwindles away, but he who gathers money little by little makes it grow.’  ~ Proverbs 13:11

 

The economic hard times which have been forecasted of late have caused me to reevaluate much of the way I live and think in economic terms—and not all of the results have been of the doom-and-gloom variety.  (Just where in the world is my stimulus package?)

 

Frequent visitors to this blog (and you both know who you are) will recognise that a common theme for me recently has been that of debt elimination.  Radical debt elimination.  The benefits of such a course should be self-evident, whether in hard economic times or during those rare instances when money is coming out of our ears.  Still, there is one aspect to it that I have been thinking about a great deal lately as the economy continues its slow descent back into the Carter years.  It is what I like to call the Economics of Serendipity and it quite intuitive, actually.  (NB: I use ‘serendipity’ in the Presbyterian sense of the word without any intent to deny or diminish God’s providence.)

 

With less debt—or, better yet, no debt at all—we have more funds available, usually described as ‘discretionary income.’  As the economy contracts, we will begin to see the effects in the dumping of things others can no longer afford to keep or in their attempts to make extra money from something they no longer have a use for.  It is these bargains that appear suddenly—serendipitously, if you will—that you can take advantage of IF you have the money to do so.  For example, we would like to one day purchase a larger car to accommodate our expanding family.  (We also have an issue with an expanding father, but I am cutting down on the bbq to assist in that area.)  If we were to be debt-free and have some money saved up, we could take advantage of any great deals that present themselves to us out of the blue.  (I can’t tell you how many times we have been driving to town and seen a car for sale that would suit us to a ‘T’ if we only had the scratch!)

 

My advice, yet again, is to eliminate your debt.  By doing so, you 1) won’t have your possessions repossessed, 2) won’t be throwing good money after bad, 3) won’t be a slave to your debtors, and 4) will be able to take advantage of any serendipitous deals that come your way!

Written by ninepoundhammer

May 8, 2008 at 8:56 pm

Sunday, Monday, Happy Days…

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‘One person esteems one day as better than another, while another esteems all days alike. Each one should be fully convinced in his own mind.’  ~ Romans 14:5  

  • As I have mentioned many times, there are going to be a lot of surprised folks at the Republican National Convention this fall. The primaries/ caucuses are NOT the end of the process!  From Washington State: ‘While there are no hard figures yet, County GOP Chairman Chet Dow said it appears that Paul has received the majority of delegates who will be sent to the summer state convention in Spokane. From there, delegates will be selected for the national Convention.’  And in Missouri: ‘A Ron Paul volunteer and organizer in Kansas City confirms that the Jackson County Republican caucus elected a nearly-complete slate of Paul delegates at its convention Saturday.’

 

 

  • The R3VOLution spreads! Dr Paul’s influence has been felt and his ideas of liberty, peace, and financial responsibility are catching on. Even news outlets that wouldn’t give him the time of day are carrying his new weekly column.

 

 

 

  • My neighbor got a tattoo. After examining the bluish-green lizard on his teenage bicep, I said with my usual tact and sensitivity, “Hope you like it 30 years from now.’”

 

 

 

 

 

 

 

 

 

  • To-day’s ‘Land of the Free’ Report: ‘Each year, federal agents peek at the financial transactions of millions of Americans — without their knowledge.’

 

 

 

  • Ninety percent of our students [at Patrick Henry College] come from homeschooling backgrounds, and are very motivated,” says Michael P. Farris, the founder and chancellor of the school.

 

 

 

Q. 14. What is sin?
A. Sin is any want of conformity unto, or transgression of, the law of God. (Westminster Shorter Catechism)

 

 

  • ‘Americans in general… [mistakenly believe] the Japanese attack at Pearl Harbor on December 7, 1941, and the German declaration of war on December 11, 1941… [are] dispositive evidence that Japan and Germany started the war that ensued between these nations and the United States.’

 

 

 

 

 

 

 

To-day’s 1980’s Moment is brought to you by: Huey Lewis and the News

Good as Gold

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‘[W]hoever gathers money little by little will increase it.’  ~ Proverbs 13:11b

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The economy’s slide into recession continues to gain momentum, catching the Powers That Be by surprise, although Ron Paul and others have been sounding the warning of just such an eventuality for years.  The Federal Reserve must bear a large share of the blame due to it’s interference in the market through arbitrary manipulation of the interest rates and reckless and increasing infusions of fiat money which only devalues the dollar and results in inflation.

The Washington government’s solution is to borrow more money from China, Kuwait, and other foreign nations while turning the money printing presses up to 11.  This will have the opposite of the desired effect, being nothing more than hair of the dog that bit us.  The cheques they want to send out to taxpayers will only add to the multi-trillion (trillion with a ‘T’) federal debt and encourage the wanton spending by consumers which also fans the recession.

After all, if printing more money–which is no longer backed by anything of value–is the answer to our economic woes, why can’t we just reduce the tax burden to 0% and print ourselves into prosperity?

 Here is warning number 1,001: Get out of debt and SAVE, SAVE, SAVE.  Regardless of what the misguided Keynesians will tell you, spending does not improve the economy–saving does.

Ron Paul–who has studied economics in excess of 40 years–is the only candidate who appears to understand what is needed to end the recession and ensure long-term fiscal stability: sound money, low taxes, renunciation of empire, and living within our means.

In this video, Dr Paul educates Fed Chairman Ben Bernanke on sound economic policy:

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‘[President Johnson] took [Federal Reserve Chairman] Martin to his ranch and asked the Secret Service to leave the room. And he physically beat him, he slammed him against the wall, and said, “Martin, my boys are dying in Vietnam, and you won’t print the money I need.”‘

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At one time, Republicans could be counted on to protect the Second Amendment.  (I wonder which part of ‘shall not be infringed’ is so difficult to understand?)

Michael Kinsely (most certainly not a conservative) once made a very astute observation.  If liberals interpreted the Second Amendment as they do the First, it would be mandated by law that everyone carry a gun everywhere.

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Here is yet another example of a professing Christian with a low view of Scripture. I’m rendered speechless when someone says something as ridiculous as the following: ‘Over the years, though, [Dowd] said, a Passionist priest led him to find a more powerful narrative of God and discover a “God-glorifying, Christ-edifying view of evolution.”‘ Whaaa?

 

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A Scottish pastor has it partly correct in saying, ‘The definition of a Calvinist as being a person who is miserable at the thought that someone somewhere is actually enjoying themselves is sadly all too typical.’ However, methinks he flew too close to the sun in suggesting that the answer for the Scottish Presbyterians is to delve into the Harry Potter books.

 

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I sure am glad the U.S. spent so much in blood and treasure to ‘free’ Kosovo. Now they can enjoy the ‘Muslim [sic] terror campaign that has killed, raped and maimed countless Christians, burned down churches and ethnically cleansed the region in anticipation of statehood.’ This, as Ron Paul has been pointing out in the presidential campaign, is known as ‘blowback,’ or the unintended consequences of U.S. foreign policy.

 

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‘Let me see if I get this right. We need to borrow $10 billion from China, and then we give it to Musharraf, who is a military dictator, who overthrew an elected government. And then we go to war; we lose all these lives promoting democracy in Iraq. I mean, what’s going on here?“’ ~ Ron Paul

 

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To me, I confess, [countries] are pieces on a chessboard upon which is being played out a game for dominion of the world.’ ~ Lord Curzon, Viceroy of India, in reference to Afghanistan, 1898

 

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If you are going to promote tourism for your town, please ensure that you have a qualified copy editor proof-reading your materials.  (Notice the young girl in the centre of the photo.)

 

 

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To-day’s 1980’s Moment is brought to you by Debbie Gibson:

 

 

Written by ninepoundhammer

January 21, 2008 at 12:31 pm

Electric Lunchladyland

with 3 comments

‘Owe no man anything…’ ~ Romans 13:8a  

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‘I have never been one who is comfortable talking about my faith in the political arena.  In fact, the pandering that typically occurs in the election season I find to be distasteful. But for those who have asked, I freely confess that Jesus Christ is my personal Saviour, and I seek His guidance in all that I do.  I know, as you do, that our freedoms come not from man, but from God.  My record of public service reflects my reverence for the Natural Rights with which we have been endowed by a loving Creator.’  ~ Ron Paul

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‘Christian financial counselor Dave Ramsey says the church in America could have more of an impact worldwide for Christ if believers weren’t slaves to debt.’

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I’ll have a blue Christ-mas without you …

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‘But most of all I was shocked by my shock.  I was shocked by the fact that a reasonable well-educated, well-informed man like me, who reads at least a dozen alternative news sites like this one daily, should have so many misconceptions in my head about Iran…without my even being aware they were there.  Like the notion that Iran is one big, brain-baking desert.  Or that Iran is hostile to Christians and women.’

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Oh, people–look around you

The signs are everywhere.

You’ve left it for somebody other than you

To be the one to care.

~ Jackson Browne, ‘Rock Me On the Water’ 

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‘Ron Paul’s commitment to the sanctity of human life goes beyond rhetoric.  He is the man who sponsored H. R. 776, entitled the “Sanctity of Life Act of 2005.”  Had it passed, H. R. 776 would have recognised the personhood of all unborn babies by declaring that “human life shall be deemed to exist from conception.”‘

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‘When not evolving his position on Darwinism, Huckabee insults gays [sic] by pointlessly citing the Bible’s rather pointed remarks about sodomy…fitting the MSM’s [Mainstream Media] image of evangelicals sitting around all day denouncing gays [sic].  (Which is just so unfair.  I’m usually done denouncing gays by 10:00 a.m., 11 tops.)  And yet, Huckabee has said he agrees with the Supreme Court’s lunatic opinion that sodomy is a constitutional right.’  ~ Ann Coulter

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It’s nice to meet you, Mary.  I’m E. Stirbunee.

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This story illustrates yet again why Christians must stand firm on the Creation account given in God’s Word.  It also sounds the call to insist that Christianity and science are not mutually exclusive.  In fact, it is just the opposite; they compliment each other–when each is interpreted correctly.

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Those crazy Lakota!  Don’t they know what happens to Secessionists?!

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One thing that tends to drive me somewhat insane is when someone who has been caught dead-to-rights lying looks you square in the face and says that they ‘did not mean to be misleading.’  Et tu, Lunch Lady?

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This is so COOL it is scary!  (Thanks to The Covenanticle)

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From Historia Ecclesiastica: ‘In Romans 12:3 the Apostle defines one aspect of humility: knowing one’s gifts and limitations and acting accordingly.  The constant temptation for God’s children is the one that came to Adam and Eve in the garden: we can be as God and know, and by implication do, all things.  But we cannot be as God–we all have limitations, we all have a place to fill that no other can fill.  One great task for all of us that call on the Lord Jesus is to determine where He would have us serve and do that to the best of our ability.’

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To-day’s Musical Gift is one of my favourite bluegrass numbers that sure will get your toes a-tappin’!  (You’re welcome!)

Written by ninepoundhammer

December 20, 2007 at 8:19 pm