Sep. 17, 2014
Debt of junk-rated Puerto Rico is beating the entire $3.7 trillion municipal-bond market in 2014 and all U.S. states. Take volatility into account and the securities come in dead last.
President Obama said the Ebola outbreak in western Africa is spiraling out of control and the U.S. must take the lead in delivering supplies and medical personnel to stem its spread.
About 9,000 U.S. taxpayers have each accumulated at least $5 million in individual retirement accounts, said the GAO, raising questions about some investors’ tax-advantaged returns.
Russian investment fell more than analysts forecast last month and retail-sales growth held near the slowest since 2010, as the crisis in Ukraine batters the $2 trillion economy.
The cost of living in the U.S. unexpectedly dropped, 0.2 percent, in August for the first time in more than a year, showing inflation is falling short of the Federal Reserve’s goal as policy makers meet.
U.K. unemployment fell to the lowest in six years, indicating continued strength in the labor market that Bank of England Governor Mark Carney says will eventually boost earnings.
A vote in favor of Scottish independence tomorrow threatens to weigh down a booming housing market should thousands of homeowners become debtors of foreign lenders.
Saudi Arabia will need to keep cutting oil output to sustain prices above $100 a barrel, even after the kingdom’s largest reduction in two years, according to BNP Paribas and Societe Generale SA.
Panasonic, the supplier of lithium-ion cells that plans to help Tesla Motors build a battery factory, said cooperation with the U.S. electric-car maker will probably boost demand from European automakers.
Billionaire Vladimir Evtushenkov was placed under house arrest yesterday on suspicion of money laundering, making him the richest Russian to face criminal charges since Mikhail Khodorkovsky.
Bill Gross is relying on derivatives rather than Janet Yellen to raise his returns on government bonds. The co-founder of Pacific Investment Management Co. sold most of the $48 billion of U.S. Treasuries held by his $221.6 billion Pimco Total Return Fund in the second quarter, replacing them with about $45 billion of futures.
AP Top Stories
It’s like Florida’s version of The Blob. Slow moving glops of toxic algae in the northeast Gulf of Mexico are killing sea turtles, sharks and fish, and threatening the waters and beaches that fuel the region’s economy. Known as “red tide,” this particular strain called Karenia brevis is present nearly every year off Florida, but large blooms can be particularly devastating.
A woman convicted of the 2004 starving death of a 9-year-old boy is scheduled to die on Wednesday by lethal injection at a Texas state prison, authorities said.
Al Qaeda’s South Asia wing has claimed responsibility for hijacking a Pakistani naval ship and trying to use it to fire rockets at U.S.
Cuts to the nation’s food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed. As of now, the cuts will only affect Michigan, Wisconsin, New Jersey and New Hampshire. All but New Hampshire have Republican governors.
At least 15 children died after receiving vaccinations in rebel-held parts of Syria, and activists said Wednesday that the death toll from two days of government airstrikes in the central city of Talbiseh climbed to nearly 50, a heavy toll even by the vicious standards of the country’s civil war.
Islamic State has won new recruits in Syria since President Barack Obama signaled last week that air strikes against the group will be expanded from Iraq to its strongholds in northern and eastern Syria, a group monitoring the war said.
The world will be watching the latest announcement from the Federal Reserve a little more closely this time around. The added interest is due in part to the internal struggle going on behind the scenes at the Fed between doves like Chair Janet Yellen and her more hawkish colleagues, including Philadelphia Fed president Charles Plosser, who dissented at the last meeting.
The Ebola outbreak could have a catastrophic economic impact on the economies of Guinea, Liberia and Sierra Leone, the World Bank said.
Ukraine will screen one million civil servants for loyalty to the new government and root out corrupt practices, Prime Minister Arseniy Yatseniuk said.
South Korean authorities said they have detained an American man they believe was trying to swim to North Korea.
South Sudan government issues an order to non-governmental organisations and private firms to fire foreign workers by mid-October amid an aid crisis.
Almost 50 people have been killed by two days of government air strikes in an opposition-held town in central Syria, activists said.
An upstate New York man accused of plotting to kill members of the U.S. military and others faces new charges that he tried to aid the Islamic State group in Syria and Iraq.
Concerns about possible independence are pushing Scottish investors to the security of gold.
Nearly half of Chinese millionaires plan to move out of the country in the next five years-a flight that could add to worries over the country’s economy, as more money moves offshore rather than being invested or spent in China.
Is This a New War on Terror?
Twelve counterterrorism thinkers weigh in on how we should we classify the “light-footprint” president’s new military campaign.
Is It Wise For Obama To Send Thousands Of U.S. Troops Into The Ebola Death Zone?
When there is a major problem somewhere in the world, Barack Obama loves to show that he is “doing something” by sending a contingent of U.S. troops to the affected area. But is it really wise for Obama to send thousands of young American men and women into the Ebola death zone? What are our troops going to do – shoot the virus? Of course not. The UN already has 6,000 uniformed peacekeepers in the region, and they are not doing much good. The truth is that this is a medical crisis that requires medical personnel. By sending thousands of troops into the heart of the Ebola pandemic, we make it much more likely that Ebola will be brought back to the United States. Obama should keep in mind that hundreds of health workers have become infected even though they wear protective gear and are trained to deal with Ebola patients. Our troops have not been trained to deal with Ebola patients and they probably will not be wearing full protective gear when dealing with the general population. But there are sick people among the general population that could pass Ebola to them. (Read More…)
The Number Of Volcanic Eruptions Is Increasing And That Could Lead To An Extremely Cold Winter
The number of volcanoes that are erupting continues to rise, and scientists cannot seem to explain why this is happening. In 2013, we witnessed the most volcanic eruptions worldwide that we have ever seen in a single year, and this increased activity has carried over into 2014. In recent months, we have seen major volcanoes roar to life in Russia, Peru, Hawaii, Reunion Island, Indonesia, and all over Alaska. It is highly unusual for so many volcanoes to all be erupting at the same time. According to Volcano Discovery, a whopping 34 volcanoes are erupting around the globe right now. This is sending a massive amount of dust and ash into the upper atmosphere, and it may explain why many parts of the planet are experiencing strangely cold weather at the moment. If this trend continues, we could potentially be facing years of crop failures and widespread famines all over the world. (Read More….)
Constitution Day — In the Company of Heroes
Pro Deo et Constitutione
Every September 17th, your Patriot Post team observes Constitution Day.
By Mark Alexander
Global Un-Warming? Antarctic Sea-Ice Reaches Record High Levels
In what appears to be an awkward moment of uncomfortable fact, ABC reports satellite imagery reveals an area of about 20 million square kilometres covered by sea ice around the Antarctic continent – the highest level of coverage since records began.
German virologist says world has lost Sierra Leone and Liberia to Ebola; should focus on containing disease
The window has officially closed on containing the Ebola outbreak, apart from massive international assistance. Sierra Leone and Liberia, the two hardest-hit countries, have likely already been lost to the disease, claims Jonas Schmidt-Chanasit Speaking to Germany’s Deutsche Welle (DW), Schmidt-Chanasit anticipates a regional pandemic in West Africa, one that could very well infect nearly everybody with Ebola, killing many of them in the process.
Benghazi documents scrubbed to protect Hillary
“She told me, ‘Ray, we are to go through these stacks and pull out anything that might put anybody in the [Near Eastern Affairs] front office or the seventh floor in a bad light,'” Maxwell told The Daily Signal, the news outlet for the conservative Heritage Foundation….[view article]
Trust in Mass Media Returns to All-Time Low
After registering slightly higher trust last year, Americans’ confidence in the media’s ability to report “the news fully, accurately, and fairly” has returned to its previous all-time low of 40%. Americans’ trust in mass media has generally been edging downward from higher levels in the late 1990s and the early 2000s.
Why much of what our media say is a lie
Whenever a minority masquerades as a majority, the real majority is made to feel like a minority. Too many of us today have been made to feel awkward and defensive about our lifestyles, values and morality.
(Gabriel Garnica) – Let me begin by making it clear that what Ray Rice and Andre Peterson have done is despicable and heinous, and should rightly be the source of outrage and wide societal disapproval.
ISIS vs the Way of Jesus
ISIS has morphed out of Al Qaeda, a network too liberal for their radical Islamic interpretations. They believe there should be a new national Muslim identity – a Caliphate. They have chosen Iraq and al-Sham (the Levant) as the territory from which this new “state” will emerge. And they have killed thousands, mostly non-Sunnis, in this quest for power….[view article]
Yale chaplain’s resignation reflects larger mainline tensions over Israel
When an Episcopal chaplain at Yale University seemed to suggest that Jews were culpable for Israel’s actions against Palestinians and a related rise in global anti-Semitism, his comments not only led to his resignation but rekindled a debate within mainline Protestant churches about how to respond to the Israeli-Palestinian conflict….[view article]
Albert Mohler Blog: “Biblical Theology and the Sexuality Crisis”
In his recent Blog Essay, “Biblical Theology and the Sexuality Crisis,” Dr. R. Albert Mohler, Jr. writes about the importance of having a robust biblical theology as Christians engage with the sexual revolution. He writes:
“The sexuality crisis has demonstrated the failure of theological method on the part of many pastors. The ‘concordance reflex’ simply cannot accomplish the type of rigorous theological thinking needed in pulpits today. Pastors and churches must learn the indispensability of biblical theology and must practice reading Scripture according to its own internal logic—the logic of a story that moves from creation to new creation. The hermeneutical task before us is great, but it is also indispensable for faithful evangelical engagement with the culture.”
The kind of love God has given
by Ken Silva
Due to confusing teaching within Christendom today, in this piece Apprising Ministries looks at who the Bible teaches are the children of God.
Convention Unanimously Votes to Boot Congregation for Supporting Homosexuality
The California Southern Baptist Convention Executive Board has unanimously voted to withdraw fellowship from a local Southern Baptist congregation after its minister affirmed his support for homosexuality.
Satanists handing out religious literature at schools
The Satanic Temple of New York City has been granted permission to pass out its literature to students in public schools in the Orlando, Florida, area after district officials declined to prohibit distribution of religious materials.
Over 125 Free eBooks Listed Alphabetically by Author
We believe the Church should have open access to Scripturally/Theologically sound edifying Christian literature and that one need not be held back from having a significant Christian library because of cost. Our ministry at Monergism involves providing quality Christian literature in accessible formats for free. Most of these eBooks are high quality and available in both ePub and .mobi (kindle) formats with actively linked table of contents. The link(s) below will take you to the download page. Lord Willing, this list will continue to grow. (We have more… just need to locate them) Read more
John MacArthur on The Ordinary Church
Pastor John MacArthur’s recent sermon on Acts 2:42-47 takes up an issue near and dear to our own hearts: the ordinary Christian life and the ordinary church. You can find audio, video, and a transcript of the sermon here. We agree with him that the primary problem is American revivalism and the pervasive influence of Charles Finney. Source
Words of Comfort: Faked it.
Jeff Klein said, “I was a believer too, until about 10 years ago. I thought I had a relationship with God too, but I realized that it was just a placebo.”
It’s good that you admit such a truth. You faked it. It was just a placebo. You (and many others on this site) had a false conversion. You never knew the Lord. Read Mark 4 to see what happened, and then http://www.needGod.com for what you can do about it. Source
ADORATION: Address God with Reverence and Awe
Having thus engaged our hearts to approach God. Jeremiah 30:21(ESV)
We must solemnly address ourselves to that infinitely great and glorious Being with whom we have to do, as those who are possessed with a full belief of his presence and a holy awe and reverence of his Majesty, which we may do in such expressions as these:
Holy, holy, holy, is the Lord God Almighty, who was and is and is to come! Revelation 4:8(ESV)
O you whose name is the LORD, who alone are the Most High over all the earth. Psalm 83:18(ESV)
O God, you are our God, earnestly we seek you; Psalm 63:1(ESV) our God, and we will praise you; our fathers’ God, and we will exalt you. Exodus 15:2(ESV)
O you who are the true God, the living God, the one only living and true God, 1 Thessalonians 1:9(ESV) and the everlasting King! Jeremiah 10:10(ESV) The LORD our God, the LORD is one. Deuteronomy 6:4(ESV)
And may we thus distinguish ourselves from the worshipers of false gods.
The idols of the nations are silver and gold, they are vanity and a lie, the work of human hands; Psalm 115:4(ESV) those who make them become like them, so do all who trust in them. Psalm 115:8(ESV) But the Portion of Jacob is not like these, for he is the one who formed all things, and Israel is the tribe of his inheritance; the LORD of hosts is his name, Jeremiah 10:16(ESV) God over all, blessed forever. Romans 9:5(ESV)
Their rock is not as our Rock; our enemies are by themselves, Deuteronomy 32:31(ESV) for he is the Rock of ages; the LORD GOD is an everlasting rock: Isaiah 26:4(ESV) His name endures forever, and his renown throughout all ages, Psalm 135:13(ESV) even when the gods who did not make the heavens and the earth shall perish from the earth and from under the heavens. Jeremiah 10:11(ESV)
Matthew Henry’s Method for Prayer