INERRANCY & INFALLIBILITY

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The words of the Master . . .

Matthew 5:17-18 (and the dire warning in verse 19)
Matthew 22:29
Matthew 22:31-32
Matthew 26:54, 56
Mark 7:8-13 (note verse 20 re: sexual immorality)
Mark 12:35-37

Luke 4:3-12
Luke 4:17-21  Time & place he first declared his deity
Luke 16:17
John 7:38
John 10:35

Concerning the New Testament that would be written after his death—the authority of the apostles’ witness:

Matthew 10:14-15, 40 (another warning)
Luke 24:48, 49
John 13:20
John 14:26
John 15:27
John 16:13-15
Acts 1:8
Ephesians 2:20-22
Hebrews 2:3-4
2 Peter 3:2
2 Peter 3:15-16 (another warning)
Revelation 22:18-19 (the ultimate warning)

Obama, the new George III, with a vengeance

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Socialist America Sinking

by Pat Buchanan

7.16.09

What did George III do with his Stamp Act, Townshend Acts or tea tax to compare with what is being done to this generation of Americans by their own government?

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Obama’s policies are failing

by Ron Kessler

7.20.09

If Obama had instead offered tax incentives, as the Republicans proposed, rather than planning to raise taxes, businesses would have felt more confident about hiring more workers. Instead, businessmen see nothing but gloom ahead — higher costs for health insurance and higher taxes, especially on small businesses, which account for the greatest job growth.

 

Liberal Suicide March

by David Brooks

7.21.09

We’re only in the early stages of the liberal suicide march, but there already have been three phases. First, there was the stimulus package. You would have thought that a stimulus package would be designed to fight unemployment and stimulate the economy during a recession. But Congressional Democrats used it as a pretext to pay for $787 billion worth of pet programs with borrowed money. Only 11 percent of the money will be spent by the end of the fiscal year — a triumph of ideology over pragmatism.

Then there is the budget. Instead of allaying moderate anxieties about the deficits, the budget is expected to increase the government debt by $11 trillion between 2009 and 2019.

Finally, there is health care. Every cliché Ann Coulter throws at the Democrats is gloriously fulfilled by the Democratic health care bills. The bills do almost nothing to control health care inflation. They are modeled on the Massachusetts health reform law that is currently coming apart at the seams precisely because it doesn’t control costs. They do little to reward efficient providers and reform inefficient ones.

Grim economic news

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Recession deepens, and politicians promote more tax and spend policies: taxing those who create jobs and increasing government spending, both moves that obviously hurt the economy.  Have they gone mad?  Already saddled with insurmountable debt, the federal government now wants to nationalize healthcare, and institute cap and trade, both dubious proposals carrying enormous price tags, furthering debt, and deepening recession.

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RECORD UNEMPLOYMENT ACROSS THE COUNTRY: UNEMPLOYMENT LOW IN WASHINGTON D.C.

Excerpt from Heritage Foundation

Last week, Michigan’s Bureau of Labor Market Information announced that their state’s unemployment rate spiked in June, hitting 15.2%, the highest rate since mid-1983. Five other states, Rhode Island (12.4%), Oregon (12.2%), South Carolina (12.1%), Nevada (12%), and California (11.6%) all have either matched or surpassed their all time unemployment highs. Nationwide, a total of fifteen states are now suffering from 10% unemployment. The Federal Reserve predicts that double digit unemployment will envelope most of the country later this year.

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Unemployment tops 10 percent in 16 states in June

Rising unemployment report

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Housing prices probably won’t rebound, stock market might drop further

Excerpt

Esteemed economist Dr. Robert Shiller was among the very few to warn of a housing bust before it happened.

Now he tells Newsmax and Moneynews.com that, although the housing market could be approaching a bottom, prices might remain in the “doldrums” for years to come as the United States remains in a “liquidity trap” comparable to the one it faced during the Great Depression.

Though stock market prices are valued fairly now, Shiller said, equities remain a “risky” investment because the United States has not turned the corner on its fiscal crisis. He warned that stock prices “could fall dramatically.”

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Record high foreclosures

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Losses at Bank of America

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Don’t Worry: Biden says stimulus is working

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WAIT! BUCHANAN SAYS WORRY!