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Slowly, America is being turned into a service sector based economy, where a majority of the occupations are preoccupied with servicing products manufactured elsewhere, while the supposed home head quarters of corporations which manufacture items out of the country remain in the home nation. Indeed, and similarly in Canada, one fifth (1/5) of the economy is a dwindling manufacturing base while establishment, shill economists and financial gurus tout such a fact as advancement or a progression of an economy from one step to another.

While this sounds convincing, because it comes from the mouths of credentialed individuals and orgnaizations, the truth is that when products are no longer produced, money is no longer made; it is simply redistributed from one place to another, much like the tenets of socialism.

The sweat shop, with its dangerous working conditions, minimum wages are not yet law, children exploited by unscrupulous, is not a picture of the dark ages … “It’s only yesterday.”

These conditions are representative of life in town in early 1900. It is normal that the predominance of new immigrants cluster. This was where they gathered their wits and the objective of a better life. They quickly understood what was necessary and in the middle of a whirlwind indoctrination obstacles, and they continued their efforts have borne fruit.

At the time, the reward of the effort may seem to be at a snails pace. With hindsight, that my thoughts wander back to then, I can only regard the progress made at that time to be incredibly fast. Does it create a problem? Was this “new” greatly enhance the classroom achievers rising too fast, was felt to penetration “Power Towers”?

Unionism was pushed to come – the minimum wage was established – the child labor laws were enacted. Everyone, even those with minimal education, have been climbing the ladder of success. “Achievement”, open to all, permeated the social climate.

America has been pushed forward as never before. A courageous entrepreneurship has been largely responsible for continued success. Business practices destructive, advanced by the sanitized MBA … was yet to come.

For now, the company has promised a good life and career the most important “stability”. Recently the development of technology has begun to set the agenda for the educational system. Students were happy to graduate, armed with specialties tailored to industry needs. We still have a manufacturing company. Employment opportunities are vast. Our industrial base is expanding … “not at risk.”

Welfare, social security, income tax, are the new concepts. The growing prosperity of the middle class, is also new. They were the vanguard for the development of America’s success. The concept of government to create a follow-up of safety nets were not needed. The traditional family is not threatened. Educational tools were rewardingly accurate. The community was involved and socially connected. Concern for others was still alive and functioning.

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This “praised the energy company” forged ahead. It went from city residents crowded cliff suburbanite owners. They left the train, tram, bus rider, to proud owners of shiny cars. The sought after forty hours of work per week has become a reality. Leisure, disposable income, the continued confidence that the bubble would grow and kept growing bigger.

Honest effort and the pride of accomplishment has been a winning formula. This has made everything else possible, or so it seems. In a short time, the guidelines became insignificant. A new breed of business brains, consumed with greed and rewarded for that … established their socially destructive tendencies. Product, product quality, examination of workers, the prey of all trading days of performance. Paraphrasing a room remark, “GM does not sell cars, he sells the shares.” What was the final result of this arrogance? Japan, Germany, England, very moved to the U.S. market for automobiles. They remain embedded and prosperous today. We are invited to accept a transformation of the image of our economy … the “nonsense” of a free global market.

What is the Bible’s View Of Work?

And when a great crowd came together and people from town after town came to him, he said in a parable: “A sower went out to sow his seed; and as he sowed, some fell along the path, and was trodden under foot, and the birds of the air devoured it. And some fell on the rock; and as it grew up, it withered away, because it had no moisture. And some fell among thorns; and the thorns grew with it and choked it. And some fell into good soil and grew, and yielded a hundredfold.” As he said this, he called out, “He who has ears to hear, let him hear.” And when his disciples asked him what this parable meant, he said, “To you it has been given to know the secrets of the kingdom of God; but for others they are in parables, so that seeing they may not see, and hearing they may not understand. Now the parable is this: The seed is the word of God. The ones along the path are those who have heard; then the devil comes and takes away the word from their hearts, that they may not believe and be saved. Scripture: Luke 8:4-15 (Mark 4:3-9; Matthew 13:3-9)

Our economy has had its ups and downs before. Unemployment has reached levels much higher than the figures released today. Temporary interruption of the workforce is not a new phenomenon. Sudden and extreme disruption of the workforce “is a new and scary to happen.” This job change has been made behind our backs. If the proposed shift to a service was provided, addressed honestly, opened for national discussion, there might have been a chance it could have been designed to be successful for everyone. What it was a bad way to go?

Recessions varying degrees, have come one after another, but as disruptive as they were, they seem manageable. Not the “glitch” raising anxieties to the point where we have reached a level of combat disintegration. During all the previous cycles of faith in the system will prevail. There is always a rosier future on the horizon … a more credible pink.

Banks in particular have been at the forefront of the display of confidence. Credit was freely dispersed. Banks are were determined to shower us with credit … confirming the recipient’s ability to manage? If we had doubts about the future and the ability to repay the debt, banks have helped to allay these concerns. We were on the path of our lives due to the company store. An accident?

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Small, entrepreneurial family businesses have been sprouting up wherever you looked. The form high in Brooklyn, a store crowded dull, selling brooms, pots, and an assortment of home has become a beautiful boutique in Manhattan, on the 5th. Avenue. A hard working electrician, bearing his load of tools on the bus and train, gas conversion to electric light, the teams eventually throughout the city. A baker of Europe, starting with a small installation, the bakery and restaurant tables of four, eventually increased to develop a wide delivery company bread. Another newcomer to America began nailing shingles on the roofs of houses in Levittown. He grew to the extent that its real estate has become legendary and has been written about the Readers Digest.

Although this freedom to progress seems to be America’s strong doctrine too early companies showed signs of how they can exercise the muscles. Merger mania has increased, despite laws that are supposed to prevent the inevitable … “too much corporate power.” Concentrations of suspicious motives, hostile take-overs, junk bond deception, were seen gathering storm clouds. Obviously, “Power” – no improvement … was on a rampage. It was not long before workers’ notions of opportunity and security, began to melt. Every merger or acquisition of product sales and layoffs. As power has grown, we have reduced. Many of us broke.

Middle management, a segment of the middle class, had pulled the rug from under them. Could no longer outfalls of power, “our silver tongued renegade in the government” to preach the glory of tomorrow. Barnum’s words, “is a sucker born every minute” has reached a climax. Suckering was awakening. The “chip” are not yet fully used, began to emerge as the ultimate tool of power. Fight back against still seems possible. Now wait much longer … May inability to provide.

The middle class has led the company to its greatness of America has been excessively modified and dismantled. Dedicated workers who created the bubble growth – which have cooperated in every way to ensure its future … have been unceremoniously dumped. “Power” has confirmed its capacity for ultimate control. Normally, employment is expected to longevity, to ensure that a worker’s future well-being, has been eradicated. Accordingly, the “Family” has been relegated to continue its slide to oblivion.

Debt so easily showered on us, has become a noose around our neck. As our rails increased in intensity, consumerism, the “wheel of the power of limousines was flat …. This does not seem so important. It is easier to repair a tire to restore a life.” Power “and knew that proved that.

Today, agitation reigns as never before. The companies profit, more than ever, the value of the shares of top flight, have been created by the reduction of inexcusable … a practice that goes back to haunt them. Those who took the ax are bombarded by the government to adopt recycling. Our government, even if they secretly sponsored benefit companies now trying to sweet-talk us into submission. If successful, we will all wind up “Pushing Hamburger.” The economic expansion in the Pacific are economic refugees from the United States?

As if there was not enough greed created chaos, more cooking is in place. Welfare reform, an attempt to improve, is designed by the sadistic minds. It is designed to force welfare recipients, already shrinking job base, which has demonstrated an inability to “keep the American family together.” Crazy? Intelligent?

Even if we wanted to be patriotic and buy American products to push our industrial base, how can we, since most manufacturing is not here any more. Try a simple test. From the moment you wake up in the morning and brushing your teeth until you’re ready to retire, write, where everything you touch or go near is made. Countries of origin are eloquent. We, the consumers will not be quite there. He was subjected our government, the bending of the company will, who created the company welfare (tax breaks) and eyes, dismissing our abhorrence of the workforce operated in competition with us .

It seems to be endless suspicious, perplexing inconsistencies. Why, when America reached phenomenal phenomenal growth and dominance in the production of goods for the global market, we are now imitating the labor market of third world economies? There are those who have much, like the others are relegated to the limitation of toil. Why, after becoming the world’s leading industrial power, are we import many of our daily needs and have become the largest debtor? Why, when we proclaim to be a utopia, we are not far behind in education, health care, crime prevention etc … of those we have bombed into oblivion? The guards gave us to join “our sound”, including the President, become one with a plot? Are we entering a new era … “domestication of the workforce”?

Our president has no compunctions appearing on television and announced in categorical terms, “our country has become a services company, to get used to it.” He not only to his attention, he must have been in collusion with the “power of the agenda” for a long time.

The stronger we cry our government to intervene – to put the brakes on what happens – the company to reduce abuse of power … the most ridiculous become defensive and their antidotes.

A persistent thought keeps disturbing the surface. This has recently recognized, admitted to carefully, “New World Order” – is this a prelude to strategies of “multi-agency” … specially designed to divide the world they will eventually own?

Why is this Loss of Manufacturing Happening?

To bring about the end to all industrialization and the production of nuclear generated electric power in what they call “the post-industrial zero-growth society”. Excepted are the computer- and service industries. US industries that remain will be exported to countries such as Mexico where abundant slave labor is available. As we saw in 1993, this has become a fact through the passage of the North American Free Trade Agreement, known as NAFTA. Unemployables in the US, in the wake of industrial destruction, will either become opium-heroin and/or cocaine addicts, or become statistics in the elimination of the “excess population” as loosely quoted from Henry Kissinger.

A Possible Solution To This Problem?

Import Certificates are an idea for governmental economic intervention to fix a country’s trade deficit. The idea was first proposed by Warren Buffett. In the United States, the idea was first introduced legislatively in the Balanced Trade Restoration Act of 2006. The proposed legislation was sponsored by Senators Byron Dorgan (ND) and Russell Feingold (WI), two Democrats in the United States senate. Since then there has been no action on the bill.

Buffett’s plan proposes creating a market for import certificates that would represent the right to import a certain dollar amount of goods into the United States from other countries. These certificates would be issued to US exporters in an amount equal to the dollar amount of the goods they export, and can be sold to importers, who must purchase them in order to legally import goods. The price of an import certificate is set by free-market forces, and therefore ultimately is dependent on the balance between imported and exported goods through supply and demand.

Proceeds from the sale of import certificates would encourage exporters (who would gain that extra money in addition to the proceeds of their exports) and discourage importers (who would need to pay the additional cost to acquire import certificates as well as the cost to acquire the goods they are importing)

This system would essentially create a broad-based tariff on imports to the United States. Unlike traditional tariffs, however, this would not favour any particular industry or punish any particular country. Market forces would also keep the tariff at exactly the amount required to achieve trade balance, eventually eliminating it when it is no longer needed.

Much of the content of this article provided by Push Hamburger and EconoChristian.com in some form or another.

Upon surfing regular information channels this Saturday, an interesting article came up from a major website that is frequently visited. It seems that the US is officially bankrupt, and even the United States President has admitted it during an interview with C-SPAN.

C-SPAN Host Steve Scully went into an unusual tangent by asking difficult questions regarding the state of the US economy during a usual Washing Press Corps event with probing questions for the new President, Barrack Hussein Obama.

Below is a transcription of the interview:

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we’ve made on health care so far. This is a consequence of the crisis that we’ve seen and in fact our failure to make some good decisions on health care over the last several decades.

So we’ve got a short-term problem, which is we had to spend a lot of money to salvage our financial system, we had to deal with the auto companies, a huge recession which drains tax revenue at the same time it’s putting more pressure on governments to provide unemployment insurance or make sure that food stamps are available for people who have been laid off.

So we have a short-term problem and we also have a long-term problem. The short-term problem is dwarfed by the long-term problem. And the long-term problem is Medicaid and Medicare. If we don’t reduce long-term health care inflation substantially, we can’t get control of the deficit.

So, one option is just to do nothing. We say, well, it’s too expensive for us to make some short-term investments in health care. We can’t afford it. We’ve got this big deficit. Let’s just keep the health care system that we’ve got now.

Along that trajectory, we will see health care cost as an overall share of our federal spending grow and grow and grow and grow until essentially it consumes everything…

SCULLY: When you see GM though as “Government Motors,” you’re reaction?

OBAMA: Well, you know – look we are trying to help an auto industry that is going through a combination of bad decision making over many years and an unprecedented crisis or at least a crisis we haven’t seen since the 1930′s. And you know the economy is going to bounce back and we want to get out of the business of helping auto companies as quickly as we can. I have got more enough to do without that. In the same way that I want to get out of the business of helping banks, but we have to make some strategic decisions about strategic industries…

SCULLY: States like California in desperate financial situation, will you be forced to bail out the states?

OBAMA: No. I think that what you’re seeing in states is that anytime you got a severe recession like this, as I said before, their demands on services are higher. So, they are sending more money out. At the same time, they’re bringing less tax revenue in. And that’s a painful adjustment, what we’re going end up seeing is lot of states making very difficult choices there…

SCULLY: William Howard Taft served on the court after his presidency, would you have any interest in being on the Supreme Court?

OBAMA: You know, I am not sure that I could get through Senate confirmation.

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How You Can Protect Yourself Against Coming Government Consequences

If you are worried about your loved ones, the best investment decision you can make with your dollar right now is to purchase solid assets such as Gold, Silver, and other precious metals because they do not lose their value. Government issued currencies will and are losing their value right now, and will do so more in the future, because the government prints dollars and puts the public purse into more debt by this printing.

Actually, since the US has admitted it is bankrupt, it cannot even get more loans to act as collateral to print more money, so what will likely happen is the government will print money “out of thin air” (which it is doing already) in attempts to “stimulate” the economy. However, history shows time and time again that this will never work. Examples are the Weimar Republic of Germany after World War 1 when that government tried to print money in attempts to pay off debts and to stimulate spending. What happened is that by doing this, prices on goods and services accelerated faster than wages. So, everything was too expensive for anyone to afford.

You may contact EconoChristian.com for more information on how to secure your existing assets from this monstrous calamity that is awaiting, or you can search the archive for informational posts that detail the coming disaster, and what you can do to help yourself and loved ones.

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Ron Paul has been a tireless advocate for freedom, social change, monetary individualism, and social justice through his support of the abolishment of various organizations, laws, and enactments encroaching on the individual liberty of freedom loving people everywhere, but particularly the United States of America, the home of the previously (circa 19th and 20th centuries) free and brave. Below is one of his latest postings.

I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system. This bill now has nearly 170 cosponsors, with support from both Republicans and Democrats. Senator Bernie Sanders has introduced a companion bill in the Senate S 604, which will hopefully begin to gain momentum as well. I am very encouraged to see so many of my colleagues in Congress stand with me for greater transparency in government.

Some have begun to push back against this bill, and I am very happy to address their concerns.

The main argument seems to be that Congressional oversight over the Fed is government interference in the free market. This argument shows a misunderstanding of what a free market really is. Fundamentally, you cannot defend the Federal Reserve and the free market at the same time. The Fed negates the very foundation of a free market by artificially manipulating the price and supply of money – the lifeblood of the economy. In a free market, interest rates, like the price of any other consumer good, are decentralized and set by the market. The only legitimate, Constitutional role of government in monetary policy is to protect the integrity of the monetary unit and defend against counterfeiters.

Instead, Congress has abdicated this responsibility to a cabal of elite, quasi-governmental banks who, instead of stabilizing the economy, have destabilized it. It took less than two decades for the Federal Reserve to bring on the Great Depression of the 1930’s. It has also inflated away the value of our currency by over 96 percent since its inception. It has invisibly stolen from the poor and given to the rich through this controlled inflation, and now openly stolen through recent bank bailouts. It has predictably exacerbated the very problems it was meant to solve.

Detractors have also argued that the Fed must remain immune from the political process, and that that more congressional oversight would distort their very important decisions. On the contrary, the Federal Reserve is already heavily entrenched in the political process, as the Fed chairman is a political appointee. High level officials routinely make the rounds between positions at the Fed, member banks, Treasury and back again, taking care of friends and each other along the way.

As far as the foolishness of placing complex monetary policy decisions in the hands of politicians – I couldn’t agree more. No politician or central banker, no matter how brilliant, is smart enough to know more than the market itself. The failure of central economic planning has been witnessed over and over. It is frankly beyond me why we ever agreed to try it again.

To understand how unwise it is to have the Federal Reserve, one must first understand the magnitude of the privileges they have. They have been given the power to create money, by the trillions, and to give it to their friends, under any terms they wish, with little or no meaningful oversight or accountability. Thus the loudest arguments against greater transparency are likely to come from those friends, and understandably so.

However, it is the responsibility of every member of Congress to represent the interests of the people that sent them to Washington and find out what has been happening with our money. As the branch of government with the power of the purse, we really have no other reasonable choice when the economy is in the shape it is in.

Ron Paul

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Brought to you and written by EconoChristian.com and Ron Paul.

Asset prices and prices are falling rapidly as the impact of globalization credit permeates the global economy. Newspaper columnists are beginning to warn against the dangers of deflation.

What happens during deflation?

It’s important to understand that what happens during deflation is not a result of deflation itself. Rather, deflation itself and what happens during deflation are results of the same cause: a change in mass social mood.

Beyond the price effects of deflation, what happens during deflation can fill entire books. In his two-book set, Socionomics: The Science of History and Social Prediction, Robert Prechter dedicated several sections to what happens during deflation. The topic of what happens during deflation also inspired Prechter’s best-seller Conquer the Crash.

The same mass psychology that initiates the change from inflation to deflation and depression also regulates what humans do, feel and produce during deflation. Here’s a short list of what happens during deflation:

• Investment strategy moves toward less-risky investments, like cash. Fashions move from risqué toward conservative.
• People seek the safety of groups and organizations; religion becomes more popular.
• People have less sex and therefore fewer babies.
• Formerly adored leaders and icons see their popularity reversed.
• Bull market sports see their popularity decline in favor of bear market sports.
• Company buyouts and mergers slow and sometimes stop altogether.
• Social conflicts like riots and wars break out.
• Incumbent political leaders in democratic countries are thrown out and replaced by their challengers.
• Political leaders in non-democratic countries are targets of coup attempts; entire government structures are overthrown.
• Legislators vote for stricter regulations.
• Shocking swindles like the Enron and Bernie Madoff scandals are uncovered.

Postponed expenditure

A concern is that consumers postpone spending when prices fall.

Deflation has other insidious traits. It causes buyers to remember. They expect lower prices. Once this psychology takes a handful, it may gradually put on a self-feeding spiral that is difficult to stop (Ambrose Evans Pritchard, Daily Telegraph).

It encourages people to postpone spending until prices drop. This in turn forces down the price – as retailers cut prices in a vain attempt to attract buyers. As retailers cut prices, the same manufacturers, who have less money to invest in new technologies, equipment and especially the staff.

Salaries begin in the fall, which is psychologically very damaging for consumers, even those who retain their jobs. As they fret less about money in their pockets and their employment prospects, they have more to defer expenses, from the deflationary spiral once again (Harry Wallop, Daily Telegraph)

These statements are nonsense. Falling prices do not stop consumer spending. Computer prices have declined over the last twenty years, but spending on computers has never ceased. While prices of most electronic devices have fallen dramatically over the past decade, sales have increased significantly. The reason is that when prices fall, more people can afford to buy, the sales increase.

The advantage of lower prices is that consumers can buy things when it suits them. During inflation, people rush into buying before you can afford it, because they are afraid that prices will rise. They often have debts, trying to beat rising prices. Inflation forces people to make purchases at the wrong time.

Falling prices eliminate this problem. People are not subjected to unnecessary pressure to buy. They can save for something they need to know that price increases will not grow beyond their reach. People are free to purchase large items, the time is right for them. Falling prices increase freedom.

The benefits of lower prices is that people have access to better quality (so the theory goes). While waiting a little longer, they can get a later model, the same price. This makes them better off.

Borrowers are Punished

Another concern of the columnists is that deflation punishes borrowers.

A prolonged period of deflation may have a pernicious impact on the economy. The other main reason for deflation can cause as many problems, it is used to make debt more expensive. Here’s why. If you borrow £ 1,000 at the beginning of the year to pay for a new sofa, the cost of the loan does not change throughout the year. It remains to be £ 1,000. But the couch is falling in price. Thus, at the end of the year – if you are still repaying the loan – you are finished take £ 1000 to pay for a sofa now worth £ 900 and £ 800. Think of it as negative on a large scale, spread across the consumer credit. Of course, in theory, there are winners: savers (Harry Wallop, Daily Telegraph).

The scourge of deflation is that it increases the burden of debt. Revenues fall: the debts remain the same. In this way, is … suffocation. The great credit bubble of the past 20 years has pushed debt levels in Britain, the United States and other Western societies, to unprecedented levels … Our sensitivity to debt deflation is greater (Ambrose Evans Pritchard, Daily Telegraph).
This is twisted thinking. The curse of the debt has been replaced by the curse of deflation. Evil is good. The lie is the truth. Reviewers hate deflation, because it rewards those who save and punishes those who borrow. The falling price of redistribution of wealth – the wrong direction. Enjoy savings, which is good for those who have saved. The income is transferred from those of the debt to those. Revenues are transferred from the borrower and the speculators who were responsible. In the strange world of debt and leverage that is considered bad.

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The problem is quite simple: anarchy and chaos prevails in Washington DC because the federal government has seized powers to which it is not entitled to and is passing masses of laws that are 100% unconstitutional and when you get men setting themselves up as greater than it, you get anarchy and eventually tyranny.

Now, this might seem paranoid, but the real meaning of paranoia has been twisted and changed through the years. It is actually a man or person who has the ability to link events that seamingly are not connected. This is the true meaning of paranoia. Indeed, the word is being used by enemies such as so called progressives to smear truth seekers. When you connect the dots, you arrive at the truth.

The American people are somewhat like the Irish. The story is the Irishman got shipwrecked and after many days finds himself on an island and people show up waving spears. He asks “Is there a government here?” he answers “well I am against it.” Liberty is based on individual freedom; we are individuals and are not the masse as referred to by Marx and the socialist writers. Indeed, the Americans objected to a tax on tea imposed upon them by King George.

The US colonists said they were never going to pay it and today they are being driven on their knees by a tyranical government imposing all sorts of taxes. Worse than that, they are trampling on the US constitution which is the second greatest document in the world next to the bible. If the Americans could rebel against King George, then it is time that the peopel rebel against the federal government trampling on the constition every day of the week.

Kign George of the Venetian party sent Adam Smith, a servant of the East India company, to establish Free trade. By the means of this, Adam Smith, the popular economist of Karl Marx, was able to bring the small manufacturers to their knees. Indeed, free trade is piracy and there is no such thing. It began with the east india company who played a massive role in the US of America. The problem is that you are not taught this in your schools and Universities.

How did they get so powerful and how did they manipulate the US? They made their massive amounts of money by selling opium and first grew poppies in Kensington, London, and sent them to India to start a massive plantation. They sent the opium to China and by their military force imposed a policy that turned the Chinese into addicts and enforced this policy known to the Royal Family. They made a massive huge fortune.

If we took 1970 as the year for profits on the big 3 autos, and in one year, the opium trade with China was three times the profits of combined profits of the big 3 in 1970. These profits were shared among the East India Copany and were sworn to secrecy. The descendants of this company today run the USA. They also interferred with the development of the US by arming Indians and ran mission stations in China and got the missionaries — who were not really missionaries — to push opium on the Chinese.

Now with the Vietnam War that passed, they (the descendants of the East India company) made the US the opium addicts with cheap imports from China and losing manufacturing to them (including Asia); the livelihood of the North American economy. Now, the US is suffering its second Greatest Depression that will make the first one look like a cakewalk with all the credit cards and debt instruments that didn’t exist back then.

In the 1700s, Congress was advised by President Washington that it was necessary to impose tariffs to protect industries of their colonies. This was the firsts trade barrier. Let us dispose once for all with words such as “isolationist” and “being against global trade.” The US did not grow great on these things. It grew great on the hard labor of the people who lived in those days and the wise protection barriers imposed by George Washington erected to protect the US from the Britishs’ damned so called free trade.

It allows other countries like China to dump their products on the US market to the detriment of thee US.
It is strictly a one-way street as evidenced by the rules, barriers, and mercantilist policies enacted by the Chinese to protect their own industries from “harmful” US imports. Indeed, our old presidents saw value of trade barriers and realized that if the US were to progress, it would not be a dumping ground for the world.

China is not engaged in the kind of overt protectionism of “Buy American” program recently, but it has enough barriers to free trade and investment in order to leave open to such accusations on the road. Beijing has removed all the stops in recent weeks (April, 2009), to pilloring the United States to the local content of its obligation to fiscal stimulation with the comments in the media call for protectionist “poison” and a parade of officials from the engagement of China pledging to free and open trade.

What Does The Bible Say About China?

Jesus used the expression “the east and west” to represent all pagans. Isaiah used the term “in the north and west, and the land of Sinim” in the same direction. “These from the land of Sinim” should naturally be a large group of people among the Gentiles. Only China, not the small town of Aswan, so could fit the verse.

“And I say to you that many will come from east and west, and sit down with Abraham, Isaac, and Jacob in the kingdom of heaven.” (Matthew 8: 11).

The most exciting phrases of the prophecy concerning “Sinim” certainly continue to be met. Reading earlier verses in this 49th chapter of Isaiah, we find these words:

“That You [Jesus Christ] may say to the prisoners, ‘Go forth,’ To those who are in darkness, ‘Show yourselves. . . .’ For He who has mercy on them will lead them, Even by the springs of water He will guide them. . . . Surely these shall come from afar; Look! Those from the north and the west, And these from the land of Sinim.” (Isaiah 49: 9, 10, 12).

Isaiah’s announcement of a final gathering of the faithful of God, among those “in darkness” must indicate a multitude of people, even in China. Most people living in China since the days of Isaiah, were “in darkness” concerning the Savior of the world, Jesus Christ. Yet here is a prophecy and a promise to bring “prisoners of darkness” in the country in light Sinim of salvation, freedom and mercy.

What is happening today?

“The yuan is an issue, and then the export tax rebates,” said Sherman Chan, an economist with Moody’s Economy.com in Sydney. “People think that the yuan has been artificially kept at a very low rate in order to sustain China’s export competitiveness,” she said.

Beijing has kept the yuan in a tight range of around 6.84 per dollar over the last seven months, having let it rise 19 percent since revaluation in 2005. Before that, it was pegged to the US dollar since 1994. In the space of 10 years, China has moved from being a non-manufacturing automotive parts nation in a world giant in the automotive industry. How did this transformation happen?

The first thing that China has been respected because of the size of the Chinese market, they would be able to dictate the direction the market will take the improvement of Chinese automobile industry. After this determination, the decision of China was to decide if you want to sell cars in China, these vehicles must be built in China. Manufacturers would not build cars abroad and import them into their market. No free trade, not fair trade. If you want to sell cars in China, we must build them in China, but this should in partnership with a Chinese company to form a new company, we can not control 49 percent.

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A Possible Solution To This Problem?

Import Certificates are an idea for governmental economic intervention to fix a country’s trade deficit. The idea was first proposed by Warren Buffett. In the United States, the idea was first introduced legislatively in the Balanced Trade Restoration Act of 2006. The proposed legislation was sponsored by Senators Byron Dorgan (ND) and Russell Feingold (WI), two Democrats in the United States senate. Since then there has been no action on the bill.

Buffett’s plan proposes creating a market for import certificates that would represent the right to import a certain dollar amount of goods into the United States from other countries. These certificates would be issued to US exporters in an amount equal to the dollar amount of the goods they export, and can be sold to importers, who must purchase them in order to legally import goods. The price of an import certificate is set by free-market forces, and therefore ultimately is dependent on the balance between imported and exported goods through supply and demand.

Proceeds from the sale of import certificates would encourage exporters (who would gain that extra money in addition to the proceeds of their exports) and discourage importers (who would need to pay the additional cost to acquire import certificates as well as the cost to acquire the goods they are importing)

This system would essentially create a broad-based tariff on imports to the United States. Unlike traditional tariffs, however, this would not favour any particular industry or punish any particular country. Market forces would also keep the tariff at exactly the amount required to achieve trade balance, eventually eliminating it when it is no longer necessary.

What would happen if the banking system and the recession were getting worse and worse, if it turned into depression? By submitting the major Wall Street banks to “stress tests”, tests for resistance to a severe crisis scenario, the United States responded to this question, and on May 7, Europe had no choice but to comply, in turn, to the same query.

Tuesday 12 May, the European Union reported that “stress tests” would be put in place by September to test the strength of its banking sector. Approximately 25 schools – including BNP Paribas, Société Générale, Commerzbank, Deutsche Bank, Santander, Unicredit …- whose bankruptcy would be likely to endanger the entire financial system could be involved.

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The exercise had been claimed by the International Monetary Fund (IMF), as an act of transparency essential in solving the global crisis. According to the organization, “the admission of losses is incomplete and bank capital is insufficient in a recession scenario.”

ESTIMATION PESSIMISTIC

The IMF calculates that the crisis could cost a total of 1 200 billion (876.6 billion euros) in Europe by 2010. The bulk (61%) of that cost would be borne by banks. According to the organization, and European institutions should collect about $ 600 billion to get back afloat.

Is this figure correct? It is a figure that meets the estimate but it is considered overly pessimistic, according to European sources, that the Member States decided to engage in these tests of strength.

The decision was taken on May 5 at the last meeting of the council of European finance ministers, at the suggestion of the Committee of European Banking Supervisors (CEBS). “The general idea of the Europeans to show a degree of transparency equivalent to that of the U.S. government, giving an accurate picture of the risks remaining in the” pipeline “bank”, says one close to the European regulatory authorities.

Member countries CEBS to entrust the task to lead the audit of banks. It will delegate operational responsibility for national regulators – for example, the Commission Bancaire in France. The scenario for recession will be the European Central Bank (ECB), adapted country by country.

For investors, facing uncertainty about future losses for European banks, “these” stress tests “are necessary, said Elisa Parisi, an analyst at RGE Monitor in New York, research firm headed by economist Nouriel Roubini. “Now that the United States has done the work, the market needs to know what is the history in Europe,” she adds.

After the episode of subprime, these toxic assets are the representation of the loss of abysmal, new risks hanging over the sector. With the economic crisis and soaring unemployment, many loans contracted by companies and households may not be reimbursed, resulting in further losses for institutions.

“In Europe, the main risk is based on the Eastern European countries if the situation deteriorates too much, it could jeopardize some French banks,” says Romain Rancière, professor at the School of Economics in Paris.

The exercise of transparency promised by the Europeans, will have its limits. In contrast to the United States, who made public the results of these tests bank by bank, governments in Europe do not seem willing to communicate these results in detail. They fall to the views of banking supervisors, followers of secrecy. “If so, it is a pity, the advantage of stress tests is to increase transparency and information, to avoid false reassurance with scenarios that are too mild, if not publication, it loses some of these benefits, “says Laurence Boone, an economist at Barclays.

Nicolas Véron, an economist at Bruegel, agrees with this analysis: “Europeans are uncomfortable because they have no framework for public action to achieve these tests”à American”, nor real desire to do so,” he says.

“It will be up to national authorities to force the banks to recapitalize and to encourage them to do so as soon as possible, coordination will be critical,” concludes Luc Everaert, head of regional studies at the IMF.

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The media and business community has been feverishly hyping and trumpeting the economic crisis that started in September as if they were blindsided by it like a drunk crashing into a crowd full of people on a friday night drive. What God commands Christians regarding alcohol is to avoid drunkenness (Ephesians 5:18). The Bible condemns drunkenness and its effects (Proverbs 23:29-35). While the common person may be fooled by the economists and mainstream media gurus, the knowledgeable person knows that this economic crisis has been a long time in the making.

The reliance on credit, loans, mortgages, and imaginary money was not always so prevalent as it is in today’s society. Back in the day, people actually used to save, nations used to produce and consume at a somewhat level rate, and countries were composed of somewhat homogeneous populations accounting for a relatively stable society and economic system. As it now stands, however, many people are in debt, so there are a few ways for people to try to get out of the hole:

1) Get a consolidation loan

A consolidation loan can do a lot of sense. Getting a loan to repay all your debts and many have only one payment to make. The new loan usually has a smaller payment and lower interest rates.

2) Get a second job

Use the money from this job to pay your debts. List your debts, noting that the interest rate. Pay the debts with the highest rates and the work of your first run of the list.

3) Put your credit cards on hold

One of the best steps to get out of debt is to immediately stop using credit cards. At the very least destroy all your cards keeping only one card for emergencies.

Have your credit analyzed and conclusions derived from the data to obtain an accurate credit history and future potential of getting out of debt by securing lower interest rates.

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4) Set up a repayment plan

Reduce your expenses and / or use free cash to pay your debts, pay debts with the highest rates and the work of your first run of the list.

5) Use your existing assets

If you have assets with some significant equity, such as a house or a car, you May be able to use them to take control of your debt. For example, you can get a loan on your home sufficient to pay your debts. You could save a considerable amount of money on interest if you pay high interest debt credit card in exchange for lower cost debt.

If you have a car, sell, pay debts and buy a cheaper car. You do not want a “cheaper” car that will cost you a fortune in repair costs.

6) Sell your existing assets to lower debt load.

Yes, lowering your debt load will help you considerably in paying off existing loans. In lowering your debt load, you may also be able to bargain with creditors to lower your monthly interest payments to stem the bleeding.

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Whatever happened to the sound money, freedom loving economist that was Stephen Harper? It seems his masters have told him which way to swing his political sword, indeed.

Excerpts from Stephen Harper’s 1991 master’s degree thesis

“Minority governments show no particular tendency to fiscally irresponsible
behaviour, contrary to some theoretical predictions.”

“A general observation would be that, while there is no evidence of a ‘chronic deficit’ tendency in Canada historically, neither is it clear how such a problem is resolved once it occurs.”

“The record indicates that particularly activist Keynesian policy has been rare in the postwar period. The results indicated that it should remain so.”

It will take far more money than Stephen Harper is providing to get the hundreds of thousands who have lost their jobs back to work. Money is needed for more nurses, teachers, doctors, engineers, construction workers, business managers, researchers, office personnel, factory workers and others. Hiring these people, or providing a stipend so that they can take the training they need, immediately puts the money they receive in circulation in the community. Businesses will sell their services or products and hire others.

In addition to hiring personnel, money is needed for affordable housing, schools, colleges, infrastructure, roads, bridges, equipment and support to help new businesses get started to replace those which have closed down.

Where is all this money to come from? The government is already forecasting a deficit of $63-B to be added to the existing debt of about $500-B. Many are concerned about the huge debt being passed on to future generations, and the government has used the debt and interest as an excuse for not doing more. Interest on public debt in Canada already amounts to $2000 for every man, woman and child, or $10,000 a year for a family of five.

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As things stand, the money will be borrowed from the private sector. If that is not changed we won’t have enough money to do what needs to be done and we will spend more of our income on public debt interest. More importantly, it adds to the control that lenders have over government decisions. As we all know, he who pays the piper calls the tune.

The government has its own bank, the Bank of Canada where it can borrow effectively interest free. Not only would this lower taxes for Canadians and Canadian business, it would also reduce the control of lenders and make it possible to do what needs to be done to get people back to work.

Only with massive investment will the goals outlined by Ken Georgetti and the CLC be achieved, but this won’t happen if the government does not borrow from its own Bank to finance this investment. This means significantly increasing the share of government debt held by the Bank of Canada and reducing the share held by the private sector. No government is going to go down this road without a very angry and well informed electorate pushing them to do it – whether it be Conservative, Liberal or NDP. That is why the CLC initiative to hold meetings all across the country is so important.

The message is very simple. Borrow from our own bank, not the commercial banks.

See the video on “How to fix the economy” by Michael Hudson – renegade economist! Some of you may have seen it already. If not, it is a must see.

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Richard Priestman
Committee on Monetary and Economic Reform, Kingston Chapter

“Our deficits will be large, but they will be temporary,” Harper told Quebec municipal leaders gathered for an annual convention. “In fact, in the short term, they will be as large as they have to be to help us weather this recession. As a country, we can afford it. But only if these deficits are temporary and our stimulus spending ends when the recession ends.”

“The infrastructure funds are there, and now all levels of government have to work together and get these projects done, and get them done quickly,” Harper said. “We don’t have any time to lose, because as you know, time is money . . . We must role up our sleeves so that the projects start in the coming weeks and the coming months.”

There is no better way to become familiar with money markets and investing than actually trading and expanding your own personal portfolio in real time, on the live market. For those who do not yet have the substantial assets, or have the experience, studying the topic is a good way to familiarize ones’ self. Even if you do have funds, you may not be confident enough with purchasing investments without the guidance of some form of financial advisor.

Indeed, if you know your stuff, investing your money in the stock market will give you a better return than it now in a savings account of savings, but the key to success is how you do it. When I was in high school, my economics teacher taught us how to invest in the stock market in us giving a quarter-long task. We were given a sum of virtual money that we were supposed to “invest” in the stock market.

At the end of three months, our categories were based on how much money we had won or lost. It was a painful process, registration of any of our books and typing up a report at the end. Today, technology and the Internet much easier to learn how to invest in the stock market simulators with online investment.

While there are advisors who would take the time to sit with you to analyze and recommend appropriate courses of action, these people often cost a large sum of fund in itself. This is why the best way to become familiar with investing is to sit down with a good book — not only The Bible — but also visiting your local library or searching on-line for sound Christian financial advice as EconoChristian.com offers.

The next best thing to investing money on the real time market is to do so by first emulating or simulating the actual trading and investing process. There exists a large number of on-line investment simulators on the market. Some of the best are being promoted on this website and it is strongly encouraged to sign up and sample what these services have to offer.

Reviews:

In addition to giving members $1,000,000 in virtual money to invest, UpDown allows investors to improve their skills through collaboration, competition and aggregated wisdom. Described by major media outlets as “fantasy football meets the trading floor,” UpDown is the only free investment platform that allows members to earn money with zero risk of financial loss. Founded by two Harvard Business School students and one Harvard College graduate, UpDown is a privately held, privately funded company headquartered in Cambridge, Massachusetts.

Stock-Trak is the Internet’s most comprehensive virtual stock exchange simulator and stock market game available. They are the only stock market investing simulator that allows its users to practice online stock trading within all of the major securities. Browse their site for information on stock investing research, fantasy stock market trading, and the latest in stock investing tips.

While this website is not a simulator per say, it is an excellent site that offers free and cost information regarding investing. It also offers professional videos to educate the more visual oriented learners. INO offers Professional Quotes, Charts, and News for Futures and Options Traders. Futures charts, stock charts, futures options, stock options. Mutual funds, forex, precious metals. FREE. Every market day.

A Christian is commanded, under the strongest sanctions, to be just in all his dealings. Yet to how many of the twenty-four million professing Chrisitians in these islands would any man in his senses lend a thousand pounds without security? — Thomas McCaulay

Written by EconoChristian.com

The bible is chock full of references from Jesus and other venerated people who have attempted to explain the relationship of man, money, and markets with the morality that every person is commanded by God to follow.

What is a Market Economy?

There are markets to facilitate the exchange of goods and services between people, so that people can dispose of things they do not need and buy things they want. In a monetary economy, free trade has three components:

1. A potential seller made an offer.
2. The buyer accepts the offer.
3. The seller and buyer complete the exchange. The seller delivers the goods or services he offered to the buyer.
   The buyer pays the seller the price he agreed to pay. Free trade can take various forms:

• Services of money
• Goods of money
• Labor of money
• Future assets of the money
• Future of services for money.
• The offers are at the heart of a market. In a monetary economy, a “supply” has four elements:

• The offer indicates the quantity of goods or services offered for sale.
• The offer describes the quality of articles. The offer states the price the seller is willing to accept.
• The offer explains how and when the goods or services will be provided to a person who accepts the offer.
• An offer is quite benign. No one should accept the offer if they think it deception. If everyone thinks that it is a bad offer, the offer will be simply ignored.

Many of the properties offered on eBay are never sold, because they are unrealistic bids. There is nothing in Scripture that suggests that unrealistic offer is morally reprehensible, but it is probably wasted effort.

An offer becomes binding when accepted by another person. Once a buyer has accepted the offer, it becomes a binding contract. The Bible condemns those who fail to fulfill the contracts they have freely entered into. Not fulfilling the contract is theft.

The Bible also condemns false or misleading offers. An incorrect specification of goods or services is morally reprehensible. A lie on the quality of the goods of fraud. The use of false weight is the most obvious example of cheating by customers on the quality or quantity of the products offered.

Do not have two different weights in your bag and a heavy and a light. Do not have two different measures in your home and a large, one small. You must have accurate and honest weights and measures, so that in May you live long in the land which the LORD your God gives you (Deut. 15:13-15).

Charity is to Giving is an offer with a price of zero. You can have my shirt. Yes, it’s free.

Ecc 5:10-15 (NIV) Whoever loves money never has enough; whoever loves wealth is never satisfied with his income. This too is meaningless. As goods increase, so do those who consume them. And what benefit are they to the owner except to feast his eyes on them? The sleep of a laborer is sweet, whether he eats little or much, but the abundance of a rich man permits him no sleep. I have seen a grievous evil under the sun: wealth hoarded to the harm of its owner, or wealth lost through some misfortune… Naked a man comes from his mothers womb, and as he comes, so he departs…

The person receiving the offer is free to accept or refuse the gift.

Barter
Bartering is a little different, but the process is similar to the free exchange .. Barter takes three forms.

1. Service for service
2. Service for goods
3. Goods for good.
4. The form of the exchange is similar to the free market exchange

Potential suppliers make an offer

Two people agreed to accept the other offer. The swap is completed. Both are better off than they were before the exchange, because they end up with something they wanted more than they had before. The difficulty of finding a coincidence of needs make it less efficient barter. Find someone who wants what I have and what I want will be very difficult. The assumption that barter is higher than the trading of money is naive.

Markets
A market is a place where you can view and record bids. Save a lot of offers at once the whole place to make life simpler for potential buyers. They can view all the offers and choose the one best suited for them.

In a few markets, buyers and sellers can make an offer. Exchange and other financial markets, purchases and sellers can make offers. A trade is completed when the buyer and seller agree on a price. Electronic commerce allows a broad range of offers by the buyers and sellers to be observed by many observers.

A buyer can go in a car yard and make a bid for a car.

I will only give you a thousand dollars for the scrap heap.

In most markets, only sellers can make offers and buyers only accept or reject it. In a shopping center, bids are made by posting the property for sale and attach a sticky label, which records the price the seller is willing to accept. Buyers to inspect the quality of goods and decide to buy.

In a farmers market, production is proposed is on display and the price will be accepted is displayed. Buyers can accept or reject such offers.

The offers are the lifeblood of a market. If all offers of purchase and sale lost, the market becomes an empty shell

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Payment and Delivery
Market operators to clarify the rules for payment and delivery after offers were accepted. These vary depending on the type of market.

Cash on Delivery
Twenty percent when the hammer falls, and the balance in one week.

1. No checks
2. Cash and credit card only.
3. Free delivery within twenty kilometers
4. Balance of accounts settled at the end of the trading day.

If people do not like rules in a market, they need to participate. They are free to go to another market or buy and sell or exchange outside the market.

Market regulation
A contract is simply a place where a lot of people can post their offers. Once we understand this fact, it is clear that the statement on the regulation of markets need a bit more content before making meaning. Regulating the sale could mean a number of things.

Prevent the formation of contracts. It makes no sense, because how many of the proposals together in one place helps buyers.

Limit the types of offers can be made. It makes no sense because the offer is benign. Nothing happens until the offer is accepted, there is no point in preventing people from making offers, even if they are not realistic.

Control of the price range that can be specified in the tender. Some people want the ban on low-priced offers. Others would like the ban on high prices. Both options seem to be unnecessary, as if prices are too high or too low, that means people will not accept the offer.

Prevention of certain types of people to accept offers. I assume that children can be prevented agreement for the purchase of cigarettes available to them, but it’s really the responsibility of parents. Some suggest that stupid people should be unable to accept offers that are not realistic, but could be very difficult to assess.

Prevent people from making offers that are misleading or fraudulent. This problem is already covered by laws against theft and fraud, so I’m not sure that regulation is necessary to solve this problem.

Practice the delivery of products, once the offer has been accepted by a buyer. Laws against theft and breach of contract already facing a situation where trade is not completed, what can be more regulation.

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Markets benefit people by providing information on all offers that are available. The law already deals with the problems that can arise in a market, if those who want more regulation of the market should be more specific on what they hear.

The offers are everywhere

Bids are not limited to markets. The offers are everywhere. We make offers of all time.

Would you join us for a drink after work?
Do you want chicken for dinner?
Would you marry me?
Will You Marry Me?

Most offers are made to family, friends and family. The advantage of a market is that people can make offers to a wider range of people.

We are free to refuse to offer. The opposite of an offer is an order. We are not supposed to reject and order.

Clean up!
Do this; do that!
Type of document again!
Cease fire!
Orders are appropriate in some situations, but we prefer to offer. People wanting to regulate the markets are trying to replace the offers.

Markets and morality: Markets are not moral. Markets are not immoral. Markets are amoral. Markets can not think, choose, decide or act.

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People do all these things:

The people participating in a market are not amoral. They may be moral but may also be immoral.

Honesty

Market needs a fair value to the people: honesty. When someone makes a bid on a contract, the moral key is whether they are honest or dishonest. Are they lying or telling the truth?

We all know that. We simply assume that most people are honest. Provided the price is too high, we run the risk that provides the most confidence. We reduce the risk of returning to traders who have been honest in the past. When we see that someone is dishonest, they are avoiding and to tell our friends to do the same.

For a big purchase, we do other things to reduce the risk of being deceived by a dishonest person. When buying a car, we are inspected by a car mechanic. When buying a house, we are inspected by a carpenter and a lawyer to verify the title is valid. This is normal.

Sellers who want to build a business that are forced to be honest. Bad news travels. If a company rips people, customers will disappear.

Making money in a free market people by scamming is difficult. The rip-off artists can not stay in the same community for a long time, but must continue on the path of dishonesty. Modern communication makes this possible. In practice, it is easier to make money by making people better off.

A market requires a single value to the function. He does not need compassion, kindness, gentleness and love. Thus, even if these values are absent from society, people can still buy and sell safely, provided that most operators are honest.

Tips and Crooks
In a fallen world, dishonest people to enter the open market. Sometimes the person selling the product to know more about quality than the person thought to buy (call economist of this information asymmetry). John May know his car is a serious oil leak. If Bob knew this, he might think that the car was not worth $ 5000. It would have left the cartel. In some cases, the buyer more information about the market value of the property that the seller (from buying antiques dealerz little old ladies).

The Bible condemns those who use deception to exploit others in the markets. The worst case is a person who uses false weight to cheat people when they buy or sell.

Do not have two different weights in your bag and a heavy and a light. Do not have two different measures in your home and a large, one small (Deut 25:13-14). The Lord detests differing weights, and dishonest scales do not please him (Prov 20:23).

Those who deliberately mislead the market to lose the blessing of God.

Those who can prove that the seller cheated may require restitution, because the seller is guilty of theft

A thief must certainly restitution (Exodus 22:3).

Unfortunately, in most cases, the buyer will be difficult to prove that the other party took advantage of them.

The best protection against cheaters and fraudsters is to be vigilant. The person who has doubts about the quality of a product for sale on a market must obtain and experts to check it out. The wise purchases by people they know to be trustworthy. We live in a world of sin, so innocent will sometimes be pulled out. They are sometimes able to receive compensation, but often they will be disappointed.

Good information provides protection to buyers. Many markets to provide information on the reliability of the person who is selling goods. eBay publishes the buyer and seller comments for exposing people who are dishonest.

In most markets, all bids are made public. People can see what is available. Dishonesty can be observed by others.

Do not buy this, it is more expensive.
You can get it cheaper than Walmart.

Free markets tend to expose the dishonesty, because they are public.

Faith in markets

An economic commentator said recently, “We put too much confidence in the market. ” It is now a common vision, but the statement is absolutely ridiculous. Why?

First, ‘the market’ does not exist. There is not a market, but millions of different markets. More importantly, markets can not think or act or react. We can see the people involved in the organization of markets and other markets, but markets itself is not personal. Therefore, the idea of confidence in the market “does not make sense. Trusting in an entity that can not think or act is stupid.

Those who trust in the markets actually trust the people who buy and sell on the markets. Some of them will have the wisdom and some will be mad. Only a naive person trust everyone.

A greater problem with this view is that those who trust “the market” must now rely on something else. Most are suggesting that the government regulate the markets. They are replacing faith in the “marketplace” with faith in government, but confidence that the government is unwise to trust “the market”. Governments are not omniscient and they are not omnipotent. History shows again and again that governments stuff things when they intervene in markets. The transition to the faith in human government is dangerous.

God is the only one to have confidence. It is gentle, omniscient and omnipotent. He knows how the economy works, it is the only trustworthy. Those who argue about the confidence in “the market” or the confidence in the government are missing the point. God alone is worthy of trust.

Free Exchange
Free markets are good, because well-functioning markets allow people to share things they do not want for things they need. This allows them to improve their situation in life.

In a world without has all markets for produce everything they need. If there is no way to exchange goods and services, everyone should be self-sufficient (unless a generous person gives them something or someone else to steal). Do all you need is very difficult for a self-sufficient rarely moves above the subsistence level. People spend so much time to produce food and housing, they have not had time to develop and produce other products they want in May.

A free market changes everything, because it allows people to specialize and trade. A specialist in the cultivation of cereals. Another specializes in catching fish. A third person is specialized in baking bread. Everyone does what he is best qualified to do. By focusing on a task, each person can improve their skills and find ways to accomplish a task more efficiently.

The person who can produce more specialized than necessary for survival. They can sell their surplus produce with others to get what they want. Negotiation in a free market situation improves by almost everyone, because everyone is more productive specialization.

I have no idea on how to make a computer or a flat screen TV. I could not make a good car, if I worked on the case a hundred years. If I made my own clothes, I like a caveman. However, by specializing in the tasks that I am entitled to do, I can not afford to buy all these things and many others.

Not a zero sum game
What happens in a market is not a zero sum game. In a zero-sum and action that makes a person better someone else worse. Consider a family that has only a doll. If they remove a child and give it to another, the situation of children improved, but the other is worse. In a zero sum situation, a person always another night.

The functioning of a free market is totally different. A market is not a zero sum game, because every transaction that takes place in a market makes both parties to the transaction better. If Bob sold his car to John for $ 5000, the transaction improves the situation of the two. It’s hard to believe, but it takes place, as different people different assessments on the same product or service (the technical name for that value is subjective). The transaction described above benefits John, because the car was more for him than the $ 5000. Bob also has advantages because it gives greater value to $ 5000 than he did on the car.

The experience of Mary and Joseph is not a rare example. They same thing is repeated in every transaction that takes place in a free market. A transaction can not occur if both parties benefit. If Bob thought his car was worth more than John was willing to pay, it would not sell it. If John felt that Bob was too much for the car, he refused to buy it. This is the situation of each transaction in a free market. Both parties to the transaction have a right of veto. If the buyer or seller believes they do not benefit from the transaction, they can simply walk away.

Luke 16:9-11 (Phi) “Now my advice to you is to use ‘money’, tainted as it is, to make yourselves friends, so that when it comes to an end, they may welcome you into the houses of eternity. The man who is faithful in the little things will be faithful in the big things. So that if you are not fit to be trusted to deal with the wicked wealth of this world, who will trust you with true riches?”

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Economic Power

General Motors has done better with the political power that the use of economic power. When they went to Washington with the rest of the Big Three, they have billions of dollars from other people.

This is generally true. The economic power generally proves to be unreal. What appears to be the economic power is political power. Those who have economic power have usually gained by convincing the political powers to give them a privileged position. Those who are worried about the economic power should be more specific about what they mean.

Priorities
The purchase and sale in the open market is better than the flight and strength, but not both love and compassion. Free markets are more efficient than the flight and strength, but they will not produce a perfect world. More love and compassion is what the world really needs.