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Like Jacob, in the face of God's free gift we too often grudgingly give God a crumb or two and imagine we are then God's followers....
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SOFIA, July 16 (Reuters) - Bulgaria will widen its fiscal deficit to 2.7 percent of gross domestic product from an earlier target of 1.8 percent in 2014, Finance Minister Petar Chobanov told reporters on Wednesday, as his government grapples with the state rescue of a bank....
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EGREGIOUS FRAUDSTER: INTRODUCING BOB RUBIN’S CITICORP

By L. Randall Wray

By now you’ve heard that Citigroup admits—yet again—that it engaged in fraud. Heck, it was the business model under Bob Rubin. If you want to blame three individuals for the Global Financial Crisis, only Larry Summers and Alan Greenspan deserve more credit than Rubin.

Together...

Wednesday, 16 July 2014 |

The Faith that knows no Bounds: The Centurion

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The Faith that knows no Bounds: The Centurion

Healing the servant of the Centurion, fresco, Dionysiou Monastery, Holy Mountain, 1547

What do we mean when we say someone’s a believer? What precisely does ‘I believe in God’ mean? Simply that we accept His existence? That we think that there’s some creator of this universe Who’s interested to a greater or lesser extent in where it’s going? That,...

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The PIIGS are back.

Well, at least the ’P’ is back. Portugal’s stock market has dropped 17% in the last month, thanks to Banco Espirito Santo’s (BES) troubles.

BES is Portugal’s largest bank. Or rather, it was Portugal’s largest bank. Now it’s a penny stock. Investors began playing hot potato with BES stock when auditors discovered “ir

...
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Here's a two-word summary of why the American healthcare system is fundamentally broken and cannot be fixed with policy tweaks: perverse incentives.

If you type  sickcare  in the custom search box on this site, you get 10+ pages of articles. I have covered healthcare/sickcare in depth for many years.  I have many correspondents...
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By Holly LaFon....
Wednesday, 16 July 2014 |

The Roundup for July 15th, 2014

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Hey folks, how are you doing on this Tuesday afternoon? Enjoy the music of Smash Mouth.

International Politics

Overall

- A group of NGOs say Western countries looted $60 billion from Africa and use donations to cover it up; This is the essence of capitalism as seen in the exploitation of Latin America by European colonial powers in centuries...

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They killed her husband, burned her church and took away her name. Boko Haram in Nigeria. http://t.co/rJsiCNbV1B http://t.co/ZTHSA9z1UK — Robyn Dixon (@latimesdixon) July 8, 2014 Last month, I highlighted the New York Times’ must-read profile of a Christian convert on the run in Afghanistan. Now, I write again to recommend an...
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