We begin with: John 3:16 For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. There is so much revelation contained in this one verse yet for the most part we have missed the deeper revelations made available to… Continue reading For God so loved…
Month: December 2007
Fraud and Deception in the Financial Markets: Crisis may make 1929 look a ‘walk in the park’
What is fraud? It is "the intentional deception resulting in injury to another person." The Scripture has several stories containing fraud. Jacob defrauded is brother. Laban defrauded Jacob. The list goes on. Typically, fraud has scarcity connected to it. Jacob thought that Isaac’s blessing was going to Esau and there would be nothing left… Continue reading Fraud and Deception in the Financial Markets: Crisis may make 1929 look a ‘walk in the park’
Treatment Priorities in Electrodermal Testing
Over the years of practicing medicine, I have found that the patient can tell you what is really wrong most of the time, when you actively listen. If needed, the physician may add a few diagnostic studies to determine the medical or surgical specificity of the problem, but it is the patient who sets the… Continue reading Treatment Priorities in Electrodermal Testing
Code Red: International Banking Liquidity has serious problems
An article in the Telegraph (U.K.) this weekend discusses the need to reduce the capital reserve requirements of banks (see http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/15/cnbanking115.xml). The reserve requirements of a bank dictate or govern the amount of money banks can loan. It is a "buffer" or reserve of cash to guard against bad loans. For example, if the… Continue reading Code Red: International Banking Liquidity has serious problems
Financial Safety within the System: Current Status-Orange
Many people who read this site have financial assets whether they be bank deposits, stocks, or bonds. In recent years, the financial industry has promoted the use of electronic deposits of stocks, bonds, and other instruments. I am no longer confident that this method is safe from disruption. I recommend that you take action… Continue reading Financial Safety within the System: Current Status-Orange
The Quest to Control Currency
On a recent flight I sat next to a gentleman from Venezuela. We spoke about the economic conditions within the country. The people are restricted in their ability to purchase goods outside the country. The current political system has strongly endorsed the use of credit cards by its people. Why? They are using the infrastructure… Continue reading The Quest to Control Currency
Customer Service Economics
1 Timothy 6:10 “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” In a recent trip abroad, I once again saw the continued decline of customer service. Doesn’t customer service mean “to serve the customer”?… Continue reading Customer Service Economics