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CONTENTS:

Miscellaneous

Banking & the Federal Reserve

Family

Free Market vs. Socialism/Communism

Free Trade & Globalization

Health Care

Market Collapse of 2009-12

Money, Government, & Commerce

Population

Taxes

Welfare

"The thought of modern industry in the hands of Christian charity is a dream worth dreaming. The thought of industry in the hands of paganism is a nightmare beyond imagining. The choice between the two is upon us."   Teddy Roosevelt, 1909. 

He may have had a premonition of the emerging 20th century, the most brutal of human history (so far). 

T. R. had some Godly common sense left (even though he was a "progressive" i.e., socialist), a badly declining gift among Christians today.  The dedication of commerce and industry to God is the ONLY way we will overcome the terrible fact that there are so many starving, so many hurting, so many lonely, so many corrupted by greed among us. 

Jesus spoke more words, I am told, on our possessions and how we must "let go" of them to enter the Kingdom of God than about any other subject.  Our possessiveness of the world seems to be the major barrier in our relationship to God.  God, in Deuteronomy 8, warns the Hebrews, that when they enter the Promised Land and become well off with vineyards and villages and herds of sheep, that they should not begin to think that "my strong right arm has gotten me this...." 

We, in America, have adopted precisely this attitude.  Our theories of economics (and just about everything in the public arena) almost totally ignore our responsibility to God.   We think of economics as an essentially secular thing.  God both designed and created the world, and He owns the economic part of it as well as the rest. 

 I have also heard that the typical American is more reticent to speak about his financial situation than about his sex history.  We hide and protect that which we depend on and think vulnerable to the slings of outrageous fortune.  God cannot be taken from us, so if we have Him for our dependency, we need fear no loss.  (See the Sermon on the Mount, Matthew 6.) 

We hope to explore the Biblical understanding of economics in this library.  God has opinions about how the world's resources should be organized for His own purposes, and He expects us to understand and follow them.   

It will change when Judeo-Christians recover their intellectual, moral, and spiritual credibility, and not before.  Economics ought to be thought of as people taking care of people. 

 

Miscellaneous

A Short Course in Economics -- possibly the 5 best sentences on economics you'll ever read:
    1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
    2. What one person receives without working for, another person must work for without receiving.
    3. The government cannot give to anybody anything that the government does not first take from somebody else.
    4. You cannot multiply wealth by dividing it
.
   
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
   
None of this excuses the "rich" from their obedience to the law of God to love their neighbors.  Note: the real "beginning of the end for any nation" is when a people thinks it can construct the "good society" without obedience to God.   Government centralizing is The Primary Example of political disobedience to God (read I Samuel 8).   

** Lambeth #2 - Debt Forgiveness, the Year of Jubilee, & the Five Talent Program --  an article from the 1998 Lambeth Conference.  (Emmaus News - 7/22/98)

The Bakken Oil Reserve - & our Treasonous (Globalist) Government  -- Why are we not developing the enormous oil reserves right within our borders?  Why are we not developing our economy and providing jobs?    The answers are not good.   Can you spell  b-e-t-r-a-y-a-l ? 
    [
UPDATE:  It now (August 2012) seems that these reserves are being developed, which could refuel (literally and figuratively) the American economic system.]  E Fox  

From a cartoon.  Scene - Two threatening FBI-type figures grilling a fellow seated:  "Alright, Madoff!  Where did you get the idea of paying early investors with money from late investors?!"     "From the Social Security System..."  

Doom Kills - a piece on ecological doom-saying

The Marketing of Evil --  two book reviews on the moral depravity in advertising and marketing industry. 

Acton Institute -- link to site -- educating religious & other leaders on the relation between freedom and economics.

Eminent Domain & Govt. Intrusion --

Chinese Economic Disaster in the Making?  - by Jack Wheeler  -- 

Global Warming -- some websites to visit on the issue.   See also the Global Warming section in the Politics Library

The Anti-Reagan-Revolution Revolution  --  Peter Schiff  --  Defense of freemarket vs. Obama.  

Freedom Lost - Chuck Baldwin -- 2008 presidential candidate for the Constitution Party.   America is no longer the most free nation on earth... we barely make into the top 10....    And we are headed progressively downward.   It can be reversed, but only with a deep spiritual renewal, repentance, and reformation within the Church of God, especially the clergy.     E. Fox

The Budget Cut Farce ---  in plain terms...

The "Greed" Fallacy - by James Wilson --  How "greed" is manipulated in economics and in politics. 

OOOOKLAHOMA.....!   where the wind comes rushing down the plain... vs. Obama, et al.    God bless them!, and may they bless God who has given us our freedoms and our responsibilities.  What a wonderful 4th of July email present!!!     

Does Thrift Lead to Generosity?  Barbara Defoe Whitehead --  says, "yes"....   Is she right?

7 Reasons Why Global Currency Collapse is POSITIVE...(!)  An extraordinary article which shows the absurdity, shallowness, and vulnerability of the whole globalist scheme -- if we can get the churches, pastors, and believers to act and lead in moral and spiritual unity.   This is above all else a spiritual issue.  Who is God?  Who holds ultimate authority?   
     And, those in control, i.e., the Fed, know how to profit from the economy whether it is going up or down.  They will be very difficult to dislodge.  Only a strong spiritual renewal can bring true change about.

Banking and the Federal Reserve --  See also Conspiracy in the Politics Library

** Fractional Reserve Banking -  an Evil in the Financial System - E. Fox

A Discussion on the Federal Reserve and Goldman Sachs -- Economics 101..  So to speak.   Superb!   Even though they touch only the surface.  For more, go to www.theMoneyMasters.com.  And to www.FreedomToFascism.com   E.  Fox.  

Taming the Money System via the Constitution -- interview with  Edwin Vieira, Constitutional expert.  There are real and realistic ways to end the present self-destruction of our economy and world position and restoring sane government and economics.  

Family

** The Real Thanksgiving Story -- from the pen of then Massachusetts Governor Bradford -- & a lesson in economics.  E Fox comment. 

** Why Warren Buffett is Dead Wrong About Estate Taxes --  Dan Ferris.   Buffett is one of the world's most successful investors.  That does not make him necessarily a good economist -- two different things.    E. Fox commentary. 

Deep Financial Doo Doo -- the Consumerist mentality --  How to turn that tide..  http://www.sharesavespend.com/   
        Here is a website to visit if you are concerned about the consumerist mentality which has taken over both our adult and child population.  We are being told (often indirectly) to "spend, spend, spend" by our politicians because it will "help the economy".  The website gives stats which suggest just the opposite.  A society which has next to no savings is in deep doo doo when troubles hit.  The consumerist mentality has been fed to us for several decades and it will take at least that long to get out.  It is one of the worst traps we can get into.   
        But there is a way out.  The website teaches you how to get a grip on your spending and have a saving/sharing mentality.  The program does not appear (at first glance, at least) to have a religious connection, but it seems that it would go well with a tithing attitude.  Following Jesus is the real way out.

Free Market vs. Socialism/Communism 

** What is Freemarket Capitalism???   E. Fox

** What is Freedom? - getting under our belts a reasonable definition of that most valuable asset... 

** Holding the Moral High Ground -- Freemarket Capitalism - or - Socialism & Redistribution of Wealth?  See also Why Socialism CANNOT  work.   E. Fox.  

** Economic Justice under the Law of Love  ---  Memorize these principles:  
       
"You cannot legislate the poor into freedom by legislating the wealthy out of freedom.  What one person receives without working for, another person must work for without receiving.  The government cannot give to anybody anything that the government does not first take from somebody else.  When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation.  You cannot multiply wealth by dividing it."          Dr. Adrian Rogers, 1931     See Commentary - E. Fox

** Is Social Justice a Christian Doctrine - Don Hank (commentary by E. Fox)  

** The Middle Class - & Imago Dei  -  Why the Middle Class is a Godly foundation of Western freedom and prosperity. 

Who said this?  "The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance." –      Attributed to Marcus Tullius Cicero, 55 BC   

In light of many recent events...  "When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you,… you may know that your society is doomed." 
– Ayn Rand
            Listen up Voters! 

Wal-Mart vs. the Morons -- insight into our terribly corrupted Western society.  You cannot fix stupid, but you can vote it out...  

Why Socialism CANNOT  work.  See also, Holding the Moral High Ground

Communist Manifesto - 10 Planks --  Read it well, folks, for you see the principles by which America is being run already in place.  Only a spiritual revolution will turn this around.  

The Real Roots of Poverty  --  Tom DeWeese - The DeWeese Report from The American Policy Center.   A superb (and short) lesson in economics and how poverty is sustained and how it can be ended. 

Freemarket Capitalism vs. Senate Restaurants.... 

Freemarket Capitalism vs. Greens captivity of Oil Drilling...   Would this idea work??? 

Economic Sanity  --   some common sense freemarket wisdom. 

Regulation & DE-Regulation -- Freemarket Common Sense  --  Perry Willis at Downsize DC -- How the Free Market does its own regulating -- much better than civil government can.  

Bush: Freemarket is Best -- Under Government Control, that is....   by Donald Hank  --   excellent pro-freemarket commentary on market crash. 

Putin Rejects Socialism -- Will America reject Obama's centralization and grab for power via socialism/communism? 

Are free market prices and government rationing the same thing?  ...as said by proponents of Obama Care? Well, NO.  They are not at all.  READ THIS PIECE!   ...one of the BEST assessment of freemarket superiority over government-control that I have seen.  Read the links also, the evidence is written in history. 
NOTE: another aspect of the German "miracle" (I have heard) is that the German govt. offered interest-free loans -- i.e., their version of the Federal Reserve was silenced for a while, and the govt. issued its own money free of interest -- or something like that!  The US Government printing its own interest-free money is what the Constitution calls for, and what Thomas Jefferson, Andrew Jackson, Abe Lincoln, Garfield, JFK, and others recommended for America  --   which was possibly what got three of them assassinated (Lincoln, Garfield, and JFK).

What is a "Right"?  What is a "Welfare right"?   We badly need to rethink a costly cultural error. 

The Generosity of America - (PDF file) Adam Meyerson speaking at Hillsdale College, Hillsdale, MI.  An extraordinary summary of the place which freemarket human generosity holds in the life and spirituality of America.  

How to Think about Regulation -- that is, how should government regulate businesses?  Or Should It?   Perry Willis at www.DownsizeDC.org    Brilliant series!!!    Also contains article on Upton Sinclair, his book The Jungle, and more on regulation.  

Command Economy in China -- See for yourself...  Centralized government is a plague on us all.  China would grow much with much more stability and realism if it had a free-market economy.   E. Fox. 

Reaganomics & the American Character - (pdf) Phil Gramm, from speech at Hillsdale College (Imprimis magazine).  A very helpful study of why Ronald Reagan (and limited government) succeeded where Jimmy Carter (and big government) had dismally failed regarding economic success.   His quoting of the facts is stunning.  If they are defendable, there is no case for the "big government, bureaucratic" side. 
      See also, in same pdf - Reagan's Moral Courage - Andrew Roberts.  Moral courage is necessary to any good leader, and comes from God.  

Taming the Money System via the Constitution -- interview with  Edwin Vieira, Constitutional expert.  There are real and realistic ways to end the present self-destruction of our economy and world position and restoring sane government and economics.  

ObamaCare has TAX on your HOME...   Are you registered to VOTE? 

Conservative Canada comments on Regressive America....   Please listen... to Canada speak. 

Free Trade & "Globalization"

** The Quigley Formula vs. the Jesus Formula  --  E. Fox commentary on a talk by G. Edward Griffin on the globalist  conspiracy.   How will Christians retake Western Civ?     

"Free" Trade - America Unmade - See E Fox's "Commerce & Government" Comment section at end

The Great American Job Sellout - Paul Craig Roberts

Free Trade: Myth & Reality --  Steven Yates  --  What is being called "free trade" is really a combo of socialism and fascism in disguise.   A good read. 

The Global Elite: Who Are They?  --   an excellent assessment of "Globalism".  Patrick Wood is an author to watch.   

Global Banking - International Monetary Fund -- Patrick Wood -- excellent scholar with background material on fundamental international issues.   Parts 1, 2, and 3.   A good study. 

More on the Internationalization of Money & Banking --  Edwin Vieira --  (see also Vieira above)

Communtarianism: a Three-Level Con Job --  link to Niki Raapana.  More on globalism and how it works.  At present, Christians are losing the battle for freedom because we do not understand our own Christian worldview.  As Christians get back their worldview and thus their political and social and economic philosophies, we will be able to offer a winning challenge to the globalist tyranny into which we are quickly drifting. 

China -- a powerful economic problem...     The greatest shift of capital in world history, now washing across Asia, poses a dilemma for policymakers.   

Health Care

Socialized Medicine -- compare the anecdotes and the stats between fully  socialized (England, Canada) and half-socialized (US) medical care.  What are the results?    

Socialized Medicine in Japan -- Like Canada, not a pretty picture  

Consumer-Centered Health Care -  Not ObamaCare, Please.   A Heritage Foundation article on why consumer-centered (i.e., free market) health care is far better than centralized control of our lives -- and deaths.   This is a long article, but a good education on how incentives and markets work for the benefit (or, when misused, to the detriment) of the consumer, we, the people.   

A Principled Prescription for America's Health - Congressman Tom Price, MD.  One of the very few concrete proposals for honest, Godly, & Constitutional health care I have seen.  It is short and needs more details, but seems to be very good beginning.  We MUST encourage more of this and get out over the internet. 

Market Collapse of 2008-12   & counting....

What Cooked the World's Economy?  It wasn't your overdue mortgage.  Link to the Village Voice --  James Lieber  published: January 28, 2009     May be one of the BEST analyses of the Bailout disaster available. 

The Party is Over -- Patrick Buchanan -- Comment on our economy collapsing...  

Obama's Nearly $1 Trillion Bailout -- a tragic misrepresentation of American Government. 

Free Trade has Failed!  -  a good analysis of the current bankrupting of America.    

The Bail-Out Travesty vs. Common Sense....   

Bail Outs = Socialist Redistribution of Wealth -- to the RICH!   

The Evidence is In -- the Stimulus Package Won't Work --  Jim Babka - at Downsize DC  

Is the United States Bankrupt?  -  A report from the Federal Reserve Bank of St. Louis Review seems to think we are well on the way.  PDF file by Lawrence J. Kotlikoff. 
          See also Patrick M Wood, Editor of August Review. 
          And if you are still skeptical about the bankruptcy possibility, the Telegraph in England notes the same article.   Whether the US will go down the economic drain hole remains to be seen.  But if we do not return to our constitution under God, get rid of the Fed Reserve, the IRS, public education, and federal welfare -- and return government to being ONLY  the referee for society and the Church its conscience, we richly deserve it. 
        Another question:  How much of this economic crisis is just another part of the globalist strategy to use crisis in order to centralize government?  And where are the Christians?  Globalists fear nothing more than a renewed Christendom.     The author seems to be concerned for the future of our children and for honesty in reporting, and he  but he is a socialist, and shows no signs of wanting or understanding free-market economics.  E. Fox  

Facts on the Economy... Perry Willis at www.DownSizeDC.org  

Why is California Broke???   From the LA Times.   Of all places!!.   

Taming the Money System via the Constitution -- interview with  Edwin Vieira, Constitutional expert.  There are real and realistic ways to end the present self-destruction of our economy and world position and restoring sane government and economics.  

The Global EndGame in 14 Points --  One of the finest explanations of our financial crisis I have seen.  We are in an endgame battle against ourselves.  There are ways out, but they are very painful, no matter how  you cut it.  They begin with spiritual renewal to raise up honest and bold leaders and followers.  The first step is to renew the pulpits of America to preach an honest Biblical worldview and Gospel to both public and individuals, remove all  schools from government control & put parents back in control, return to the Constitution of the US of A, and develop a clearly articulated exposition of Biblical government.     

Money, Government, & Commerce - See Federal Reserve Conspiracy

** The Middle Class - & Imago Dei  -  Why the Middle Class is a Godly foundation of Western freedom and prosperity. 

Who said this?  "The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance." –      Attributed to Marcus Tullius Cicero, 55 BC   

Money: Substance or Symbol?  Part I -- link to Franklin Sanders  --- More on the economic debacle under which we live as slaves on a government plantation.  This is Part I, on the nature of money.  Part II on the solution will come soon. 

If We Could Shrink to Earth's Population to 100 Persons... - a thought experiment. 

The State Electronic Gold Currency Plan - Part IPart IIPart III  --  Back to the Gold Standard --  link to an article by Edwin Vieira, one of the best economists around.   Dr. Vieira's article on http://www.newswithviews.com/Vieira/ are a wealth of wisdom which Christians and others of common sense should get to know. 

      See also Dennis Cuddy's articles at http://www.newswithviews.com/Cuddy/  

Money Issue may be the America's Achilles Heel in War on "Islamic Fundamentalism"  -- link to Edwin Vieira   --  an essay on the vulnerability of the US financial system. 

"Suckernomics" - link to Dennis Cuddy -  Suckernomics: the process whereby the American public is made, and kept, economically ignorant.  

EDWIN VIEIRA's list of EXCELLENT articles -- on economics and politics. 

Inflation & the Federal Reserve -- link to Joan Veon

Honest Money Act -- Ron Paul   -- A WINNER!   

The Federal Reserve --  a pernicious system

THE MONEYMASTERS --  GET IT & SEE IT -- the best history of how money has been used to control nations, and now bids to control the world.  This is the core of the Globalist conspiracy.   A 3.5 hour video scanning from Rome to the present and our own so-called Federal Reserve.  The best  I have seen on the subject.  You will not view politics or money the same...  Documentation is superb.    I used to wonder if this stuff was "for real".   But in some 40 years of looking I have yet to see a rebuttal.  The Money Masters want to control the world.     See also Conspiracy Theory 
        You can see the YouTube version, which is the same & free, but of lesser quality
                at http://video.google.com/videoplay?docid=-515319560256183936&hl=en
        If we recover our moral consensus, possible only under God, we will run the criminals from the arena.    E. Fox.

Ludwig von Mises Institute - workshop on the Fed and its Dangers to Economic Prosperity and Stability.  

Honest Money -- at www.DownsizeDC.org  How should we produce our money supply after we get rid of the Federal Reserve?  

How to Think about Regulation -- that is, how should government regulate businesses?  Or Should It?   Perry Willis at www.DownsizeDC.org    Brilliant series!!!    Also contains article on Upton Sinclair, his book The Jungle, and more on regulation.  

Architecture for a New World Financial System - Antal Fekete, a superb economist -- with comments by E. Fox 

CONSPIRACY - in Global Finance? -- fact or theory?   Are there no serious facts to support the claim that a small group of financiers are in fact running the world, a shadow government behind probably every major and many smaller governments in the world?  Ask these folks: Thomas Jefferson, Abraham Lincoln, James Garfield, & many others... (see text).   The case is locked-in regarding the Federal Reserve, the IRS, and various versions of Communist, Socialist, & centralized corporatist power mongers.  Read this list of quotes.   E. Fox.    

Ben Bernanke (governor of the Federal Reserve Board) speaks about the contributions of Milton Friedman (arch-critic of the behavior of that board...)  Bernanke was doing damage control.  He did a "good job" of it, but it won't wash....!  The Fed is a  criminal organization if past history is any indication.  See testimonies

Taxes & Balanced Budget -- Stephen Moore, Richard Vedder, The Wall Street Journal.   From Summit Ministries The Journal ( www.summit.com)

"Gold & Freedom" - Jeffrey Nyquist at  Financial Freedom  "Many have forgotten the extent to which property rights are linked to freedom. It may also prove the case that commodity money (i.e., gold) is linked to freedom, insofar as the abandonment of the gold standard leaves property rights open to attack. Yet, despite all this, nothing can really be done. In 1960Friedrich Hayek reminded his readers that “the functioning of the international gold standard rested on certain attitudes and beliefs which have probably ceased to exist.”   
        Those attitudes and beliefs will be restored, I think, only as the Judeo-Christian community recovers it intellectual, moral, and spiritual integrity.  Otherwise, we are headed for disaster
.    E. Fox 

Obama's Goal --  Dick Morris - TV in the Morning -  Morris has a significant part of the truth......

The Budget Cut Farce ---  in plain terms...

US Debt Crisis Illustrates Failure of Ideas - (pdf) from The Journal (Summit worldview Ministries).  Excellent survey of why secularism (and paganism) cannot succeed financially.  Secular and pagan ideas have consequences...., quite different from Biblical ideas.  So, what's the Good News?  It is that Jesus came, as at this time, to save the world from its own self-destruction.  Financial, and all other sorts of, self-destruction. 

7 Reasons Why Global Currency Collapse is POSITIVE...(!)  An extraordinary article which shows the absurdity, shallowness, and vulnerability of the whole globalist scheme -- if we can get the churches, pastors, and believers to act and lead in moral and spiritual unity.   This is above all else a spiritual issue.  Who is God?  Who holds ultimate authority?   
     And, those in control, i.e., the Fed, know how to profit from the economy whether it is going up or down.  They will be very difficult to dislodge.  Only a strong spiritual renewal can bring true change about.

The Global EndGame in 14 Points --  One of the finest explanations of our financial crisis I have seen.  We are in an endgame battle against ourselves.  There are ways out, but they are very painful, no matter how  you cut it.  They begin with spiritual renewal to raise up honest and bold leaders and followers.  The first step is to renew the pulpits of America to preach an honest Biblical worldview and Gospel to both public and individuals, remove all  schools from government control & put parents back in control, return to the Constitution of the US of A, and develop a clearly articulated exposition of Biblical government.    (See above on positive side for some valuable information.)

Population --

Is there a Population Time-Bomb???   Some folks say "NO."   See for yourself.  

Taxes -- See Taxes in Constitution Library 

More in the IRS -- and the lack of statutory authority to demand a 1040 on April 15.  The momentum seems to be growing, with more and more well researched persons challenging the government.  They have several videos worth watching....

Welfare

The Wild & Free Pigs of Okefenokee Swamp -- a parable of Government Nanny. 

Davy Crockett on Govt. Welfare --  one of the best explanations around of the constitutional issue.

Evangelist Charles Finney on Evangelism, Welfare, and Politics  Scroll down to cut from August 16, 2006.

Democracy & the Fall of Athens --  Why democracy cannot last. 

Ron Paul Health Care Bill -- Yes!   Get government out of commerce and welfare and education.  Totally.  Back to being the referee for society. 

Free Lunch in California --  the downfall of our education and economic and political system. 

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