Chris Banescu: America Slouching Towards Fiscal Armageddon

american-thinker-thumb

Chris Banescu, a frequent contributor to the Observer and noted blogmeister in the Orthodox world (who irritates the liberals to no end), has a new article published on American Thinker today. Good work Chris! Source: American Thinker and ChrisBanescu.com America is in grave danger. Our government's out-of-control spending and our politicians' refusal to implement meaningful budget … [Read more...]

The USA and the New World Order: A Debate Between Alexandr Dugin and Olavo de Carvalho

usa-thumb

AOI Observer reader Fabio Lins has a keen interest in political philosophy and culture. Occasionally he sends me links of debates happening elsewhere which always prove interesting and timely. Yesterday he notified me of an online debate between Russian nationalist Alexandr Dugin and conservative Brazilian philosopher Olavo de Carvalho. I asked Fabio to write an introduction included … [Read more...]

Msgr Barreiro-Carámbula: The Morality of the Growing Public Debt

debt

Source: Spirit and Life | Monsignor Ignacio Barreiro-Carámbula If we promote the family and the related idea of generosity with life, we have to be concerned with the ability of young couples to form and raise their families. In order to raise children, a family needs a degree of economic stability; and even more it needs a real non-inflationary economic growth that steadily creates jobs, and … [Read more...]

Emerging and Submerging Markets in the Third World

Click to enlarge.

Source: Forbes | By Jerry Bowyer Reprinted with permission of the author. A couple of months ago I was shown a report published by a major Wall Street firm that placed Egypt at the top of a list of countries with attractive bond yields. Part of my job is to sit on investment committees for financial management firms and help them evaluate investment valuations, and I was helping my client … [Read more...]

Piero A. Tozzi: The New Global Morality: DADT Repeal and Secretary Clinton’s embrace of “Universal Standards”

alliance-defense-fund-logo

Apart from from the health care rationing that Obamacare would foster on American citizens, I argue too that the questionable morality of the self-selected administrators of the project would drive policy decisions in directions that violate traditional norms. "Do you really want people like Hillary Clinton or Barbara Boxer making your health care decisions?" I ask. Sound alarmist? Read the … [Read more...]

Memo to Jim Wallis: Christ is not a crypto-communist/ socialist

Anthony posted this in the comments but it is so good I am posting it here. Source: On Living Simply: The Golden Voice of John Chrysostom St. John Chrysostom: Should we look to kings and princes to put right the inequalities between rich and poor? Should we require soldiers to come and seize the rich person’s gold and distribute it among his destitute neighbors? Should we beg the emperor to … [Read more...]

If states were countries…

state-economies

Look at the economic strength of the US compared to the rest of the world. There has to be a way to turn the problems around. Source: Strange Maps. Click to enlarge. … [Read more...]

Chris Banescu on American Thinker

Chris Banescu, occasional contributor to AOI Observer and webmaster of Orthodoxnet.com has an essay published on American Thinker today: How to Cripple the Free Economy. Congratulations Chris! … [Read more...]

Debt, Credit and the Virtuous Life

Orthodox Church Fathers 3 scaled

By Fr. Gregory Jenson Our economic life is concerned with more than just the objective exchange of goods and services.  Far from being morally neutral, it is an expression of how we understand our dependence on God and neighbor and is the means by which we fulfill, or not, our obligations toward them.  Both for reasons of morality as well as long term economic efficiency, we cannot … [Read more...]

On the ‘edge of the abyss’

Acton Institute

By John Couretas on the Acton blog: From the Greek daily Kathimerini: Witnesses said that protestors marching past the building ignored the bank employees’ cries for help and that a handful even shouted anti-capitalist slogans. [ ... ] It took a statement from President Karolos Papoulias to best sum up Greece’s dire situation and the frustration that many people are feeling with the … [Read more...]

Greece Shows What America Would Be Without More Borrowing

greek-america-flag

AOL Daily Finance By Peter Cohan On May 2, Greece announced a deal to get a bailout from the European Union and the International Monetary Fund. But as part of the agreement, Greece needs to cut government spending in ways that are causing social unrest. That chaos could get so bad that Greece might decide it's better simply to forget about the bailout and "restructure" its debt. Greece … [Read more...]

Prophet Jim Wallis Explains the Doctrine of Coercive Repentance

wallis_jim

More Wallis dressing redistributionism in Christian garb. ++++++++++++++ By John Couretas. Source: Acton Institute In a new column on Sojourners, Prophet Jim Wallis reveals that Wall Street financiers are coming to him for confession, sometimes skulking along darkened streets to hide their shame: Some come like Nicodemus – a religious leader who came to talk to Jesus in private … [Read more...]

Top