Posts Tagged ‘Banks In Trouble’

Incentives (And Sociopaths) Rule The World

Ryan Murphy, an economist at Southern Methodist University, recently published a working paper in which he ranked each of the states by the predominance of—there’s no nice way to put it—psychopaths. The winner? Washington in a walk. In fact, the capital scored higher on Murphy’s scale than the next two runners-up combined. “I had previously written on…

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Banks Make The Dirty Money Appear To Be Legitimate

Narcissism is the term used in psychology to describe a preoccupation with self. It is a Greek term taken from the name of the mythological Narcissus, who fell in love with his own image and was doomed to die because he would not turn away from it. A narcissist is a person who displays a high…

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Rickards Warns: Robo-Trading Will End In Disaster

 We are tempted by our “own evil desire” first (James 1:14). That’s not to say every unbeliever is blatantly and spitefully turning from what is known to be true. But the unbeliever’s desire for self-satisfaction makes Satan’s deception all the more potent. Today, stock markets and other markets such as bonds and currencies can best…

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Is This What Has Got the Fed So Spooked?

Amos: 11 “Behold, the days are coming,” says the Lord God, “That I will send a famine on the land, Not a famine of bread, Nor a thirst for water, But of hearing the words of the Lord. 12 They shall wander from sea to sea, And from north to east; They shall run to and fro, seeking…

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Bank of America: “Enjoy It While It Lasts”

The term double-minded comes from the Greek word dipsuchos, meaning “a person with two minds or souls.” It’s interesting that this word appears only in the book of James (James 1:8; 4:8). Bible scholars conclude that James might have coined this word. To grasp the full meaning of this word, it is best to understand how it is used…

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A Long Journey Home Book Cover

A Long Journey Home

A book about a fourteen-year-old boy, the son of a Baptist pastor, thrown from his home at age 14. This boy, StevieRay, would later become a multimillionaire. Now he gives orphans a second chance at life.