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Posts Tagged ‘Gold and Silver’

.Youre-FiredThe big story this past week? Pretty obviously it was Donald Trump’s decision to reprise his role on the Apprentice, issuing a “Comey, you’re fired” to the now former FBI Director.

As with any decision of this sort, the was a sharp divide along party lines. Some Republicans cheered the news. Democrats, on the other hand, railed against the decision.

Writing in The New Yorker, John Cassidy opined, “At a time like this, it is important to express things plainly. On Tuesday evening, Donald Trump acted like a despot.”

Oh, spare me. The republic will survive.

Generally speaking, the hiring and firing of federal bureaucrats is not a terribly interesting topic. But in Comey’s case, a few words are in order.

For my part, I lost all respect for the man last summer when he failed to recommend charges against a clearly guilty Hillary Clinton in the Servergate scandal.

Then, just a week before the November vote, Comey claimed he was reopening the investigation, only to shut it down just a few days later. This made Comey appear indecisive.

A third failure of judgment on Comey’s part was his decision to launch an investigation into Trump’s dealings with Russia, based, as it was, in part on the debunked “Golden Shower” dossier.

So we have an FBI Director who wouldn’t recommend charges against Hillary Clinton, against whom there was a mountain of evidence suggesting serious wrongdoing during her term as Secretary of State, but who continued to doggedly pursue the case against Donald Trump, a case notable for its complete lack of actual evidence.

So, should Comey have been fired? Yes.He failed the biggest test of his career when he refused to recommend charges against a clearly guilty Hillary Clinton. Thankfully, the American people showed better judgment than he did by refusing to put her in office.

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david-stockman

David Stockman

This time last week it was 75 degrees and sunny. Today? Well, let’s just icy roads and accidents made the morning commute a little more exciting than usual. How can the weather change so much in seven days?!

 

Well at least one thing hasn’t changed over the last week, and that’s the dicey state of the nation’s economy. With the stock market hitting records level, that may seem like an odd thing to say. But the economy is not the same things as the stock market.

In fact, the past several years have seen an almost inverse relationship take hold between the performance of the Dow Jones and S&P indices and important economic indicators. In a normal, rational economy, if corporate earnings decline or unemployment spikes signaling a economic slowdown, the stock market should decline.

But in today’s Keynesian casino markets, bad economic news is good news from the markets perspective. Why is this? It all has to do with the Federal Reserve’s interest rate policy. You see, bad economic news means big money speculators believe the Fed will continue its policy of suppressing interest rates to near zero to stimulate economic growth. On the other hand, if the economy appears to be doing well, the market starts to think the Fed may hike interest rates, making stocks a less attractive opportunity. Thus the stock market goes down.

In short, it’s a stupid economy that rewards fraud and punishes success.

And after over eight years of stupidity such as near zero percent interest rates, we are now faced with simultaneous Fed created bubbles in stocks, bonds and real estate, which will all at some point burst. And that leads me into today’s story…

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ready for oligarchyWell, there were no gorilla shootings in Cincinnati this week. Or for that matter, giraffe, hippopotamus or hyena shootings either. And we can all be thankful for this. I know for my part I just really can’t take another week of listening to animal rights activists talking nonsense. Perhaps the most egregious offender in this regard was a gentleman from Cincinnati, who was quoted in the local paper referring to the departed gorilla as, “a fellow Cincinnatian” and a “400-pound person.”

Nope and nope. Animals are not people. People are not animals. See Genesis 1 for details.

Now then, let’s move onto the scintillating stories from this week.

Oligarchy and the American Jezebel

As the old saying goes, I was shocked but not surprised Monday night, a night when not a single Democratic primary vote was cast, to hear that Hillary Clinton had achieved the necessary delegates to seal the Democratic nomination for president.

It just so happened that scheduled the following day were primaries in California primary and New Jersey, and several other states. In the week leading up to the vote, polls in California indicated that Bernie Sanders and Hilary were neck and neck. And a loss there would have been a YUUUGE embarrassment both to Hillary and her supporters in the Deep State. In fact, a loss in California may very well have been the end of Clinton’s hopes to take the White House. And such things simply cannot be allowed to happen.

And they weren’t.

After Monday’s surprise announcement, Hillary went on to win California by a margin of 55% to 43% over Sanders.

No sooner had the polls closed but the MSM began its hagiography of Mrs. Clinton. And among the worst offenders in this regard, predictably, was CNBC. Their business and financial reporting, the networks raison d’être, is a pathetic mix of stock market cheerleading, Keynesian propaganda, and Federal Reserve worship. I stopped watching years ago. And given the networks ratings in recent years, so has nearly everyone else.

Nevertheless, I do admit to visiting CNBC online several times a day to check the markets. And what did I see there on Wednesday but the headline, “Trump’s going to get demolished by Clinton; Here’s why he needs to drop out now.” Yep. The Donald’s on the wrong side of history, according to the sages at CNBC. Just give up. Go home. It’s over.

I’m not here to flack for Trump, but the man just set a record for the highest vote total EVER in the Republican primaries. Somehow I doubt he’s going to listen to the advice of incompetent journalists at a dying cable network.

But back to Clinton. One thing that is almost never discussed regarding her campaign, even among Christians, is whether it would be Biblical to elect a woman as president. Questions of this sort are never asked by the MSM. Even a survey of blogs, podcasts and YouTube channels will show that almost no one, Christian or not, questions whether a woman could properly fill the role of Commander in Chief of the armed forces. The only question is whether she is qualified intellectually and ideologically to take the helm in the Oval Office.

But at least one Christian author has undertaken to answer that question. Paul Elliott wrote a piece a few years back titled Deborah & Esther: Are They Precedents for a Female President? And his answer to this question would likely shock and offend many, even many in the evangelical community. Elliott concludes,

The Bible tells us clearly that God has ordained male headship, and female submission to that headship, in the home, in the church, and in government…Because this is God’s ordained order, Christians must not seek to put a woman in the place of national rulership, no matter how much we may agree with her ideologically. To do so is, in fact, sin in the eyes of God.

Yes, Hillary is an appalling individual and will make a horrible president if elected. She was a disaster as Secretary of State. She’s an obvious felon. And she will continue Obama’s full-court press to further push the immoral LGBT agenda. In short, she will prove to be an American Jezebel.

But the answer is not for Christians to seek a better qualified woman to run against her. As with all areas of life, we must reason and act according to what Scripture teaches, and not according to the wisdom of this world.

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