Monday, December 17, 2012

Spectator: 'We are living through an anomalous period of peace'

War has historically been humanity’s biggest killer. But in most of the world today, a generation is growing up that knows little of it. The Peace Research Institute in Oslo says there have been fewer war deaths in the last decade than any time in the last century. Whether we are living through an anomalous period of peace, or whether the risk of nuclear apocalypse has proved an effective deterrent, mankind seems no longer to be its own worst enemy. We must bear in mind that things can fall apart, and quickly. Germany was perhaps the most civilised nation in the world in the 1920s. For now, though, it is worth remembering that, in relative terms, we have peace in our time.
Why 2012 was the best year ever || The Spectator

Friday, December 7, 2012

CBO: Interest Payments Cost Extra $1.033 Trillion Over Ten Years

The Congressional Budget Office estimates that, over the next ten years, that yearly one percentage point rise would cost us an additional $1.033 trillion in interest payments, on top of the $5.079 trillion we’re already paying.
Top Five Myths about Reducing Our $16 Trillion National Debt || Defeat the Debt

Harry Reid Must Talk With Fed Chairman Ben Bernanke Before Considering Fed Audit

Washington ( – Senate Majority Leader Harry Reid says he would have to have a “real serious conversation” with Federal Reserve Chairman Ben Bernanke before he considers bringing the Federal Reserve Transparency Act to the Senate Floor.

As previously reported , Reid was once a strong supporter of auditing the Federal Reserve System - in 1995. Then being discussed was then-Senator Bryon Dorgan’s (D-N.D.) amendment that would have required the Federal Reserve to a prepare a report to Congress and disclose the financial impact of changing interest rates on the public and private sector.

In 1995 Reid went into great detail about how the Federal Reserve wasn’t talked about enough, how it not only affects the federal government because of the money it borrows but also the private sector because “higher interest rates effect everybody,” and how he’s called for an audit of the Federal Reserve System and offered “that amendment every year.”

“Every year the legislation gets nowhere,” Reid said in 1995. “I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve.”

Reid: I’d Have a 'Serious Conversation' with Bernanke Before Considering Fed Audit | CNS News

WCF Chapter One "Of Holy Scripture" Sunday School (Sept.-Oct. 2021)

Our text for Sunday School (also "The Confession of Faith and Catechisms") Biblical Theology Bites What is "Biblical Theology...