The Wonder Springs Chronicle -

Daily Light on the Daily Path — February 5, 2012

Jerry Bannon — 2012-02-04T18:00:29-08:00

The wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord. —If by one man's offence death reigned by one; much more they which receive abundance of grace and of the gift of righteousness shall reign in life by one, Jesus Christ. ...He that hath the Son hath life; and he that hath not the Son of God hath not life. —For God sent not his Son into the world to condemn the world; but that the world through him might be saved. ...—When the Son of man shall come in his glory, and all the holy angels with him, then shall he sit upon the throne of his glory: and before him shall be gathered all nations: and he shall separate them one from another, as a shepherd divideth his sheep from the goats. ...It is Christ that died, yea, rather, that is risen again, who is even at the right hand of God, who also maketh intercession for us.

Brute' tells the nation that his Grizzly USA Plan is still the best!

Jerry Bannon — 2012-02-03T08:42:07-08:00

The Federal Reserve’s current two-fold mandate to pursue low inflation and job creation is rescinded and replaced with the goal of providing a strong dollar as the primary basis of national financial security. ...During that period the national defense portion will be reduced to 2 percent of GDP, through the dismantling of the military-industrial-Keynesian-complex. ...The current progressive income tax will be replaced with a standard flat tax rate on individuals and corporations of 20 percent, with the only exception and exemption for the poorest Americans. ...Social Security and Medicare withholdings from individuals will be maintained at current levels, but the cap of total contributions on a yearly basis will be removed. In pursuit of a sound dollar financial monetary policy, those funds will go into a true lock box concept, with no ability of the legislative and executive branches to use those funds; except as truly marketable and repayable investment bond securities. ...Within that program every individual will be responsible for the first $50,000 of the defined catastrophic illness or other healthcare event, except for what is currently defined as long-term care, where the maximum individual liability will be $100,000. ... Over time this national tax will be reduced as current Medicare and Medicaid are gradually phased out over a period of twenty-five years.

Productivity, Efficiency & Decentralization — Part 3

Jerry Bannon — 2012-02-01T10:00:01-08:00

You can’t create a twenty-first century society based upon an educational system promoting the myth that you can be all you can be — by just showing up; enforced by an mediocre bureaucracy – which essentially just shows up; built on a twentieth century industrial model to create workers for factories — that no longer exist; and enforced by a geopolitical financial establishment — totally hedged against any risk. ...We closed last week with a brief introduction of the now forgotten reality in which most of the economic growth of the twentieth century came about during times of high marginal tax rates, the highest being over 90 percent and was at 70 percent before the first Reagan tax cut. ...With the elimination of the Glass-Steagall Act in 1999 by Congress and the Clinton Administration, instead of providing greater marketing efficiencies we have seen in retailing, what has really happened is that we have developed a global financial oligarchy and that oligarchy has essentially used the ten percent rule to overcome any financial regulation at all. ...The Reagan Revolution cut those marginal tax rates, improved utilization of financial assets, somewhat decentralized what we would call “federal discretionary spending” in favor of the military industrial complex, fostered classical investments and in the process eliminated flight money, much of which was then collected in government taxes associated with the Laffer Curve. ...Those within the financial cartel determined the best way to grow that leverage was to alter the American Dream from owning your own business and building your own wealth, to owning your own home, and giving you a huge mortgage, which could be bundled, insured, and hedged to the point that everyone involved in the financial services cartel could get their fees and bonuses and pass the risk to the patsies in other areas of the world. ...The real problem however is when you really think about it with an opened mind, all the one percent country club has is a mountain of highly leveraged faux money and really very limited true transcendent wealth. ...So as radio commentator Paul Harvey used to say, “The rest of the story,” is if we want to get the one percent of the rich people to leave their fenced country club, surrounded by a moat of money, money everywhere and none of it fit to drink, we need to give them the opportunity to invest in a vineyard that produces the fine wine of economic opportunity, purpose, wealth and diverse security; and just like the field of dreams, they will come.

Daily Light on the Daily Path — January 29, 2012

Jerry Bannon — 2012-01-28T17:00:15-08:00

For there is not a word in my tongue, but, lo, O Lord, thou knowest it altogether . . . ...—The eyes of the Lord run to and fro throughout the whole earth, to shew himself strong in the behalf of them whose heart is perfect toward him. Jesus . . . knew all men, and needed not that any should testify of man; for he knew what was in man. ...I will praise thee, O Lord my God, with all my heart: and I will glorify thy name for evermore. ...—It is a good thing to give thanks unto the Lord, and to sing praises unto thy name, O most High: to shew forth thy lovingkindness in the morning, and thy faithfulness every night. ...By him therefore let us offer the sacrifice of praise to God continually, that is, the fruit of our lips giving thanks to his name. —Giving thanks always for all things unto God and the Father in the name of our Lord Jesus Christ.

Brute comments on the USA annual GDP growth of 1.7%.

Jerry Bannon — 2012-01-27T08:15:46-08:00

Bureau of Economic Analysis National GDP Report

Productivity, Efficiency & Decentralization — Part 2

Jerry Bannon — 2012-01-25T11:35:40-08:00

You can’t create a twenty-first century society based upon an educational system promoting the myth that you can be all you can be — by just showing up; enforced by an mediocre bureaucracy – which essentially just shows up; built on a twentieth century industrial model to create workers for factories — that no longer exist; and enforced by a geopolitical financial establishment — totally hedged against any risk. ...At this time I am pretty sure it can make a contribution to current research and would rank, with a the possibility of making a significant contribution about two in three, and that world changing possibility at about one in three. ...If you do your assigned homework this week, as well as listen to at least some of the political noise, you will find that all four, especially if you try to link them together, barring a miracle are impossible in twenty-first century America. ...In essence what happens in this research team building is taking the narrowly focused professionals and providing them some cross training, but more importantly creating the ability to understand, in these research cases, the world outside their specialist box and how other team members might be able to contribute anything from ideas to the solutions to the problems at hand. Back to our SAFER Process, we need expertise in analytical and process chemistry, biology and microbiology, competent engineers that can turn the process innovations into real functioning equipment, and business and marketing types who not only understand the market, but can provide the interface with the dominate financial limitations of our world, which really has no concept of fundamental research. ...Could it be that high marginal tax rates, at one time 91 percent in the USA, be the only proven way to create wealth, because it forces the creation of essentially flight money and all sorts of limited partnerships, startups, tax havens, and yes Ponzi schemes, fostered on people too specialized or lazy to do their do diligence? ...We have no jobs because startups and the wealth and innovation they create, such as our SAFER Process, cannot get funding, essentially because of the unintended consequences of the Laffer Curve, and unless some other financial innovation is created other than high marginal tax rates, or those tax rates are restored, it is a long fall off our current economic cliff.

Countering the smoke, mirrors and the manure.

Jerry Bannon — 2012-01-23T09:15:38-08:00

If we alter the calendar for a day, so that the week begins last Saturday, this week may turn out to be one of history’s most widely spun times —the smoke, mirrors and plain old verbal manure should set a record. ...So as we go forward, we have somewhat of a political horse race, out of a dozen or so potential Republican candidates, with numbers 5, 6, 7 and 8 still in the race, it comes down to numbers 5 and 6 really the choice that remains. The real interesting statistic that I haven’t heard covered is that the proclaimed “conservatives” (Gingrich and Santorum) out distanced the “moderate” Romney better than two to one, 57 percent to 28 percent and that Romney has yet to get into the higher percentiles, except in New Hampshire, just up the street from his New England base. Tomorrow evening of course the current president will give his State of the Union address to the American people, and most of the American people with cable television, a Netflix movie, or a Kindle or an iPod, may find something more productive to do with their time. ...Then on the very serious side we get to the economic and jobs information that should be the center of the American political debate, but is the last thing none of the dinosaurs, behemoths and troglodytes want to deal with. ...I believe that George Bush 41, Alan Greenspan and Bill Clinton were in favor of it, and that really were the roots of the fruit of our current mess, but its time to cut down that bush and plant some new seedlings for the twenty-first century. ...title=0&byline=0&portrait=0" width="400" height="225" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen>

Moyers & Company Show 102: On Crony Capitalism from BillMoyers.com on Vimeo.

Daily Light on the Daily Path — January 22, 2012

Jerry Bannon — 2012-01-21T19:06:36-08:00

He is like a refiner's fire, and like fullers' soap: and he shall sit as a refiner and purifierof silver: and he shall purify the sons of Levi, and purge them as gold and silver, that theymay offer unto the Lord an offering in righteousness. We glory in tribulations: knowing that tribulation worketh patience; and patience, experience; and experience, hope: and hope maketh not ashamed; because the love of God is shed abroad in our hearts by the Holy Ghost which is given unto us. —If ye endure chastening, God dealeth with you as with sons, for what son is he whom the Father chasteneth not? ... Now no chastening for the present seemeth to be joyous, but grievous: nevertheless afterward it yieldeth the peaceable fruit of righteousness unto them which are exercised thereby. ...Thus saith the high and lofty One that inhabiteth eternity, whose name is Holy; I dwell in the high and holy place, with him that is of a contrite and humble spirit, to revive the spirit of the humble, and to revive the heart of the contrite ones. Better it is to be of an humble spirit with the lowly, than to divide the spoil with the proud. ...Search me, O God, and know my heart: try me, and know my thoughts: and see if there be any wicked way in me, and lead me in the way everlasting.

Brute' asks investors if they can hike with the bears?

Jerry Bannon — 2012-01-20T08:10:55-08:00

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Productivity, Efficiency & Decentralization — Part 1

Jerry Bannon — 2012-01-18T08:30:30-08:00

But shortly thereafter, I wondered if any American still understood what I was writing about and even if they had an inkling of its meaning, if they could at all grasp the implications of what that word, if really put into practice, would actually do to the economic muddle we now find ourselves. ...As far as Barack Obama, the liberal-progressive-left and the Democrat Party, it seems that they think there is no problem that more government spending will not cure, particularly if it originates within the federal government unitasker, an then forces the un-sovereign states to fund what the federal government doesn’t have the political will or the constitutional power to implement. Furthermore, like all elitists of their persuasion, they believe that new wealth can be created, as do most Republicans, through tax incentives to crony capitalists, which through mergers and acquisitions, will provide the economic basis for the continuing growth of government programs, including entitlement programs and wealth redistribution. ...If you back up and try to put this into context of what is happening in the United States and the world today, what I think he is really saying is something like: Since the end of World War II, the western democracies, using federal government programs financed by deficit spending created the rise of the perceived wealth of their citizens, which increased significantly faster than the true wealth generated through gains in productivity and entrepreneurial new wealth creation. ...However if you look at this in the context of economist Joseph Schumpeter’s “creative destruction” this is just what is needed to recreate an economic world truly based upon the title of this week’s article: productivity, efficiency and decentralization. ...However in the current economic environment there seems to be more time for the less physical, which is enforced because of the limitations of our current economic reality; for there is no money in our liquidity river, just some distant debt lakes, that seem to be represented by bills to pay; arriving every month describing our contribution there to. Some phosphorus in our river comes from human activity, a lot of it comes from natural sources, but just because we cannot control the amount of nitrogen, in our human enlightenment we make the decision that we want to control the phosphorus and keep the rivers and the lakes from turning green and potentially stinking from too much primary productivity.

European Downgrades — Productivity and Wealth

Jerry Bannon — 2012-01-15T17:00:00-08:00

In last week’s article we played around with the normal gross domestic product (GDP) formula creating a modified alternative domestic product (MADP) that included provisions for the creation of new wealth, productivity, inflation and a risk premium. After American equity markets closed on Friday, the Standard & Poors rating agency officially downgraded the debt ratings of a number of European countries, but earlier in the day these downgrades rumors were the talk of the business news. The following clip from CNBC is with Edmund Phelps, 2006 Nobel laureate in economics, which discusses the European ratings, especially the so-called “Club Med” southern European countries in the context of declining economic productivity and increasing passive wealth through government entitlements and low taxes. Professor Phelps is the Director of The Center on Capitalism and Society at Columbia University. After you finish watching the video you might like to check our their Theory of Capitalism section to give you a broader context of our capitalist economic universe than you will get in our current political-financial media.

Daily Light on the Daily Path — January 15, 2012

Jerry Bannon — 2012-01-14T18:41:27-08:00

If ye . . . be risen with Christ, seek those things which are above, where Christ sitteth on the right hand of God. ... —Our conversation is in heaven; from whence also we look for the Saviour, the Lord Jesus Christ: who shall change our vile body, that it may be fashioned like unto his glorious body, according to the working whereby he is able even to subdue all things unto himself. The flesh lusteth against the Spirit, and the Spirit against the flesh; and these are contrary the one to the other: so that ye cannot do the things that ye would.... For if ye live after the flesh, ye shall die: but if ye through the Spirit do mortify the deeds of the body, ye shall live. ...We . . . that are strong ought to bear the infirmities of the weak, and not to please ourselves. —Let us not . . . judge one another . . . but judge this rather, that no man put a stumbling block or an occasion to fall in his brother’s way. ...A series of Anonymous daily morning and evening meditations from: Daily Light on the Daily Path published by Christian Classics Ethereal Library, Grand Rapid, MI

Brute' speaks the grizzly truth that humans need to decentralize!

Jerry Bannon — 2012-01-13T09:25:41-08:00

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Entrepreneurial Pioneers

Jerry Bannon — 2012-01-11T08:30:21-08:00

When you look around the world, even though there seems currently a little temporary stability coming to the United States, we still seem incapable of even dealing with our universe of ever expanding debt; solutions are just as far away as they were a year ago; yet the current plight remains a juggernaut to a stable future. ...None of these calculations really relate to a real enterprise world where monetary policy, inflation, true wealth creation or any number of other factors operate essentially not so much by an invisible hand, but rather the unintended consequences of the world’s financial markets. ...What we need to do is to modify this formula so in some more credible way it takes into account the real world, its risks and rewards; for it is only in this way that we can in some way move from all financial transactions taking just and itsy-bitsy no risk cut of the action, into a world where we acknowledge true risk, rewards and new (real) wealth creation. ...Breaking them out separately, it is not hard to infer that the American jobs and prosperity problem is that the financing required to provide economic growth is hidden in twentieth century debt leverage and risk denial, where risk denial is not a river in Egypt, but oceanic lakes of excessive-debt-leveraged-fiat-money parked in financial centers around the world. ...In other words, and in another world other than the present, money should function as a medium of exchange and as such we can impute a temporal value, but that can and should be controlled not only by the amount but also by the velocity by which it changes hands. The nature of the entrepreneur is that any money to fund the startup of the company must be real capital and not debt, especially because in the early stages of the entrepreneurial enterprise, that capital has a very limited velocity, if it has any velocity at all. ...If 70 percent of America’s domestic product came from entrepreneurs there would be no unemployment, there would be no inflation because of limited monetary velocity, government would provide government services instead of enterprise fringe benefits, and imports and exports would be balanced because entrepreneurial growth will be exported to the rest of the world.

Daily Light on the Daily Path — January 8, 2012

Jerry Bannon — 2012-01-07T17:40:51-08:00

—I will trust, and not be afraid: for the Lord JEHOVAH is my strength and my song; he also is become my salvation. ...—For the Lord loveth judgment, and forsaketh not his saints, they are preserved for ever: but the seed of the wicked shall be cut off. —The Lord will not forsake his people for his great name's sake: because it hath pleased the Lord to make you his people. —Who delivered us from so great a death, and doth deliver: in whom we trust that he will yet deliver us. ...The iniquity of Israel shall be sought for, and there shall be none; and the sins of Judah,and they shall not be found: for I will pardon them whom I reserve.... He will turn again, he will have compassion upon us; he will subdue our iniquities; and thou wilt cast all their sins into the depths of the sea. ...Now unto him that is able to keep you from falling, and to present you faultless before the presence of his glory with exceeding joy, to the only wise God our Saviour, be glory and majesty, dominion and power, both now and ever.

Brute hopes some real positive changes will arrive in 2012

Jerry Bannon — 2012-01-06T16:00:29-08:00

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The Normalcy of Deviance

Jerry Bannon — 2012-01-04T09:30:42-08:00

Diane’s work was again brought to my attention by an article by Gillian Tett in the Financial Times that appeared late last year and widely reported in many sources about the potential for another Flash crash threatens to return with a vengeance. ...By definition, we have come to believe that the future will always be better than the past, but that assumes totally that all that we have taken for granted all of these years, will really continue to function in a sustainable way. ...There is no shortage of future seers at this time of year, I even read one that ignored all that future stuff and just gave his end of 2012 report, effective December 20, 2012, just before the Mayan end of the world. ...I suppose the ultimate form of the normalcy of deviance is that predicting the future is a little like forecasting the weather, when you get out beyond a few days, the accuracy gets a little muddled, especially if you attempt to force that future into your model of climate change, or the lack thereof. ...In our current economic world, there is really no tie to the natural world at all, at best you can make the argument that global commerce is based upon capitalism, but if you wander back much beyond Adam Smith’s, Wealth of Nations, and the simultaneous rise of representative governments, you are generally adventuring onto an economic flat earth of sovereigns and tyrants. ...The Age of Discovery worked so well because we were able to exploit, for less than true domestic market values, various areas of the world for their wealth, mostly natural resources, but to a limited and complementary extent, the area’s human assets. ...This is especially true if you followed that late twentieth century debt education model and have recently found out that your song has no market value in the world of global-crony capitalism.

Daily Light on the Daily Path — January 1, 2012

Jerry Bannon — 2012-01-01T10:39:14-08:00

Father, I will that they . . . whom thou hast given me, be with me where I am; that they ...He which hath begun a good work in you will perform it until the day of Jesus Christ. Know ye not that they which run in a race run all, but one receiveth the prize? ...The Lord, he it is that doth go before thee; he will be with thee, he will not fail thee. ...The steps of a good man are ordered by the Lord: and he delighteth in his way. ...nor height, nor depth, nor any other creature, shall be able to separate us from the love of ...A series of Anonymous daily morning and evening meditations from: Daily Light on the Daily Path published by Christian Classics Ethereal Library, Grand Rapid, MI

Happy New Year! from Wonder Springs

Jerry Bannon — 2011-12-31T18:15:18-08:00

Brute explains that for 2011 humans were grizzly off their rocker!

Jerry Bannon — 2011-12-30T12:25:00-08:00

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The Profane Covenant

Jerry Bannon — 2011-12-28T05:50:45-08:00

I don’t think I have ever quoted Pat Buchanan in all my years of doing these writings, but this week his pusillanimous comments about American Christians pretty much illustrates the timidity that is behind the current dominance of the Profane Covenant in not only this country, but also the whole of western culture. ...Long ago, at many times and in many ways, God spoke to our fathers by the prophets, but in these last days he has spoken to us by his Son, whom he appointed the heir of all things, through whom also he created the world. ...When God selected the nation of Israel to be the chosen people to bring about the natural environment for the coming messiah, God gave Moses these written laws, so that the people would be without excuse, when, not if, they decided to adopt their own profane religion. ...Let’s choose just ten items out of this profane universe in no particular order: evolution, the Euro, tax cuts are cause and effect for economic growth, tax hikes are cause and effect of economic growth, human actions will counter climate change, the elites should manage the proletariat, there are no limits to (economic) growth, money is our god, religion is just a primitive myth, mankind can create heaven on earth. ...The noise truly doesn’t want us to look at the mess the Profane Covenant has created, because if we drop out we will have to look at the reality of God as God. ...As of this writing, I personally don’t think any of those who are seeking this office, comprehend the true reality they think they can manage, because the God of both the biblical Abrahamic and Mosaic Covenants will not be hampered to do his will by the shallow precepts of our political systems. As best as we can foretell, we are not faced with the true end of the world, for that rests totally within the scope of the Almighty, but rather we will be forced to cope with changes well beyond what we have become accustomed to want to believe.

Merry Christmas, December 25th - Amen and Amen!

Jerry Bannon — 2011-12-24T12:23:55-08:00

And lead us not into temptation, but deliver us from the evil one. That is: In ourselves we are so weak that we cannot stand even for a moment.[ 1] Moreover, our sworn enemies-- the devil,[2] the world,[3] and our own flesh[4]-- do not cease to attack us. Wilt Thou, therefore, uphold and strengthen us by the power of Thy Holy Spirit, so that in this spiritual war[5] we may not go down to defeat, but always firmly resist our enemies, until we finally obtain the complete victory.[ ...For Thine is the kingdom, and the power, and the glory, for ever. That is: All this we ask of Thee because, as our King, having power over all things, Thou art both willing and able to give us all that is good,[1] and because not we but Thy holy Name should so receive all glory for ever.[ ...For God has much more certainly heard my prayer than I feel in my heart that I desire this of Him.[

Brute's warm-fuzzy Christmas blessing

Jerry Bannon — 2011-12-23T08:15:34-08:00

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Our Happy-Merry Holiday Season

Jerry Bannon — 2011-12-21T07:17:17-08:00

I also realize that many historic White House Hanukkah celebrations would not be considered kosher in the Jewish sense, but for some reason I find this date and the whole lack of any sort of sanctification or glory given to God, to fit the party occasion properly. ...We do know that December twenty-fifth was chosen, not because it was near the winter solstice and the church scholars were too stupid to get the date right, but rather so that Jesus could be circumcised in the temple on our western’s secular culture’s New Years Day. ...The so-called war on Christmas has slowly been subject to much entropy in recent years, but the Happy Holiday’s just won’t go away, because when you get right down to it, our secular world is just as anti-Semitic as it is anti-Christian, it just depends which way the wind is blowing that particular moment. ...The churches’ graceless vain attempts at relevance allows for the reality of all the economic hype that this season produces: Black Friday, the day after the American Thanksgiving, Cyber Monday and there are also Super Sale Days until after the New Year, of course focusing on the weekend, when people have time to shop, instead of work in that boring, low paying service job, unless of course you work in retail. ...We began this week’s merry discourse with the reality that two sons of Aaron, the High Priest, brother of Moses, decided to take the religion of the Exodus into their own enlightened hands and found out they were not all that enlightened in their religion. ...This really doesn’t gain any cognizance at all in an advanced human religion where people evolved from some form of advanced primate eons ago, but in a young earth religious setting, as outlined in the Bible, it does make a lot of sense. ...That miracle of Jesus, (Jeshua, Joshua, God Rescues) was that God became man, lived a sinless live, was crucified on a cross for our justification, and was raised from death as the timeless hope that all of human law had become subject to the unmerited specific grace of God.

December 18th - Forgive our debts

Jerry Bannon — 2011-12-17T18:00:31-08:00

Lord's Day 51 ...What is the fifth petition? ...And forgive us our debts, as we also have forgiven our debtors. That is: For the sake of Christ's blood, do not impute to us, wretched sinners; any of our transgressions, nor the evil which still clings to us,[1] as we also find this evidence of Thy grace in us that we are fully determined wholeheartedly to forgive our neighbor.[ ...51:1-7; 143:2; Rom. 8:1; I John 2:1, 2. ... 6:14, 15; 18:21-35.

Brute' explains elitists' can kicking is not a game of football!

Jerry Bannon — 2011-12-16T08:40:40-08:00

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The Entropy of Finance — the Entropy of Jobs

Jerry Bannon — 2011-12-14T08:05:17-08:00

At Wonder Springs we have no hesitation to say that on both sides of the Atlantic, the elitists across the political and economic spectrums, seem immersed in trying to create a new and better Babylon, ignoring that Biblical story, as not even a myth, but a children’s boogie-man piece of fiction. ...What if, just if, our problems are too complex to be solved with what seemed to work so well during the twentieth century; well except for two world wars and numerous non-war police actions, mass genocide in more than a few places, and now a whole world drowning in a universe of unsustainable debt, best described as a “Debt Supercycle?” ...However since this itsy-bitsy piece of the pie was totally divorced from the action (without risk), it was this new world of finance, which we know all to well today; that forged the ultimate free lunch, and dinner, and breakfast, and the villa in the south of France, and the condo in Aspen, and the penthouse overlooking Central Park in New York City. ...Our point this week, is that what we today define as finance, as wonderful as is may seem, is totally divorced from the risks of the real world and life (with or without your iPod, iPad or iPhone) is just a century of a grand experiment in human enlightenment; the reality of physical entropy has overtaken it. ...To a certain extent the older generation, my generation, is still afraid of these machines, but as Bill Gates was founding Microsoft, I was carrying boxes of punched cards to the WSU computer center, which were then transferred to magnetic tape, which then could produce Neutron Activation Analysis elemental concentrations, in the middle of the night and with about two hours of computer time, on an IBM 370 mainframe, with 128k of RAM. ...Our problem today is not the desire for these jobs and really the fulfillment and the happiness we hope that they will bring, it is the reality we have no way to pay for them because of The entropy of finance — the entropy of jobs. ...In reality you really don’t need a physical frontier to be a pioneer, all you need is the understanding that risk and reward are related, and to succeed what is required is a mechanism of a new type of finance that is built upon the real natural world, that seems to be equity and what we call the possibility of agricultural returns.

December 11th - Our daily bread

Jerry Bannon — 2011-12-10T20:34:36-08:00

Give us this day our daily bread. That is: Provide us with all our bodily needs[1] so that we may acknowledge that Thou art the only fountain of all good,[2] and that our care and labour, and also Thy gifts, cannot do us any good without Thy blessing.[ 3] Grant therefore that we may withdraw our trust from all creatures, and place it only in Thee.[ ...104:27-30; 145:15, 16; Matt. ... [2] Acts 14:17; 17:25; James 1:17. ... 37:16; 127:1, 2; I Cor. ... 17:5-8; Heb.

Brute' tells you it is time to place your bets on the end of the Euro crisis!

Jerry Bannon — 2011-12-09T08:03:53-08:00

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Doings in the Dirt

Jerry Bannon — 2011-12-07T13:08:40-08:00

Yet if something goes wrong with what that small minority does; either through natural climate changes, or world economic changes — well over three hundred million people in this country are going to go hungry — and much of the rest of the world will face a severe famine. ...For the most part via government subsidies and agribusiness, the amorphous they, believe in “let them eat cake” as long as it is made from genetically modified corn and soybeans and for our other protein sources these grains are fed to mostly industrially produced chickens, but also pigs and cows, ...Your tasteless chicken breast that has become the most economical form of protein in the American diet, is generally produced on a small acreage southern chicken farm where the average chicken farmer makes around twenty thousand dollars ($20,000) or less and is leverage through bank loans and industrial chicken marketing concerns into multi-millions of debt dollars. ...The prices for a piece of new industrial farm equipment begins at $100,000 and can easily reach five times that and you need a lot of these implements just to stay in “business,” Much of these required implements are used only for brief periods per year, like days or a few weeks. ...With so few people actually involved in farming, and the numbers of those concerned about continuance of the status quo; even fewer, I would suspect anything that might be done — related to our nationalized, industrialized, cheap energy dependent, abundant dirt-cheap water, excessive farm debt, government subsidized agricultural economy — could best be described as a punt rather than can kicking. ...From that perspective there is no need to make significant, or what I would call stupendous changes, because essentially dumb luck got us here, and by kicking the can some more, be it up a little steeper hill, has always worked before, not so much defined as laissez faire, but more what will be will be. ...Without the dependent four legged agriculture milk stool, much of the land beyond the hundredth meridian will again become similar to when the buffalo roamed; only this time in addition to the bison, we will see cattle, sheep and goats, all grass fed and with the taste of real meat.

You can't do that!

Jerry Bannon — 2011-12-03T14:09:49-08:00

The move itself, with the truck leaving north Spokane after 9 AM Wednesday and completed in less than 12 hours, was a reality trip proving you can’t do that is many times wrong. ...Then the youngster on the team, in his late 50s, was my neighbor Rick Sphuler, who once I moved to the big BC (Boulder Creek) determined we were in the University of Washington Medical Center Hospital at the same time; me for a heart valve and an artificial section of aorta, Rick for a bone marrow transplant. ...Uncle Sam maybe getting old, but he is far from dead, and as a virtual reality figure, is not subject to the natural decay of we mere mortals, who like to export our limitations on everything we cannot control within our limited spheres of personal understanding. While we got the move accomplished in less that 12 hours, the new behemoth on the local communications front, Century Link, was supposed to have me set up with my new high-speed DSL internet link last Tuesday and hemmed and hawed until yesterday; they now say that it will happen this coming Wednesday. ...As a graduate school alumnus of Washington State University, about the only news I have kept up on in the last week is Wazzu has hired a new football coach, one-time national coach of the year Mike Leach, formerly of Texas Tech. I bring this up because the WSU athletic director Bill Moos, is from Edwall and played his high school football on a field a few blocks to the south of my new home, at Reardan High School. ...Now that I am situated in the Eastern Washington wheat belt, one of the conversations I had the other day brought up the potential reality that under the current practices and incentives in American agriculture, it maybe impossible to provide our citizens a truly healthful diet.

December 4th - Thy will be done

Jerry Bannon — 2011-12-03T10:09:17-08:00

What is the third petition? ...Thy will be done, on earth as it is in heaven. That is: Grant that we and all men may deny our own will, and without any murmuring obey Thy will, for it alone is good.[ 1] Grant also that everyone may carry out the duties of his office and calling[2] as willingly and faithfully as the angels in heaven.[ ...7:21; 16:24-26; Luke 22:42; Rom. 12:1, 2; Tit. ... 7:17-24; Eph.

Brute' comments on his move to his new digs den.

Jerry Bannon — 2011-12-03T07:00:49-08:00

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November 27th - Thy Kingdom Come

Jerry Bannon — 2011-11-26T11:36:37-08:00

That is: So rule us by Thy Word and Spirit that more and more we submit to Thee.[ 1] Preserve and increase Thy church.[ 2] Destroy the works of the devil, every power that raises itself against Thee, and every conspiracy against Thy holy Word.[ 3] Do all this until the fulness of Thy kingdom comes, wherein Thou shalt be all in all.[ ...51:18; 122:6-9; Matt. 16:18; Acts 2:42-47. ... 16:20; I John 3:8.

Brute' doesn't understand American human gluttony.

Jerry Bannon — 2011-11-25T07:30:56-08:00

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Ichabod’s World

Jerry Bannon — 2011-11-23T05:50:49-08:00

A real functioning republic would have seen it within reason, to make those cut to one percent of GDP, so that we could have seriously begun to restructure and rethink the role of government, so that it represented the vast majority of our people; not those just on the conservative and liberal extremes of their political parties. ...So after shampooing the carpets and a fresh coat of paint, by the first of December my stuff that mostly been in storage for my time at the mouth of Big Boulder Creek at its confluence with the Kettle River, will be piled in rooms and the process of changing a house into a home will begin. Revisiting Ichabod, and contrary to most of the world’s politicians and a lot of economists and financial gurus, a realistic look at where we are, it sure seems to a somewhat honest observer that Ichabod was born out the turn of the century; but Uncle Sam was hoping to have a son to carry on his heritage a lot longer. ...My financial training came through about thirty years of being a not overly successful entrepreneur and what I picked up putting a wife though a similar program at the University of Washington and her later adventures into international banking, during one of those all too common Latin American debt crises. ...When you look at the current global debt endgame and the problem is not so much with the bits and bytes of electronic money and banking, but the problem is that the lender system wants compound interest from the “borrowers” but recipients don’t have the means to repay. ...The problem really isn’t with the people, the bankers, the politicians, the common man, the problem is that our enterprise model based solely, exclusively, at least for the last generation that has been based upon false assumption of an invisible hand that we really don’t believe truly exists. ...Probably the reason that human civilizations have always, except of part of the last century, been based upon agriculture, is that agriculture, its good years and its bad, doesn’t work through compound interest, but compound agricultural returns that include a tangible risk-reward premium.

November 20th - Hallowed be Thy Name

Jerry Bannon — 2011-11-19T19:30:54-08:00

What is the first petition? ...That is: Grant us first of all that we may rightly know Thee,[1] and sanctify, glorify, and praise Thee in all Thy works, in which shine forth Thy almighty power, wisdom, goodness, righteousness, mercy, and truth.[ 2] Grant us also that we may so direct our whole life-- our thoughts, words, and actions-- that Thy Name is not blasphemed because of us but always honoured and praised.[ ...9:23, 24; 31: 33, 34; Matt. 16:17; John 17:3. ... 34:5-8; Ps. ... 32:16-20; Luke 1:46-55, 68-75; Rom.

Brute' admonishes you to be thankful!

Jerry Bannon — 2011-11-18T05:35:09-08:00

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In Wildness is?

Jerry Bannon — 2011-11-16T06:39:29-08:00

While I have made numerous excursions into the outside world during this time in the Boulder Creek Canyon of the Kettle River, it would not be difficult to say that my time would be double Thoreau’s stay; essentially 4 years, 4 months, and 4 days. ...Needless to say over time there will be some upgrades that need to be done, but when my mother died, I began to think seriously about the fact it would be a great place to call home for my still long future last days. ...When you go to church, if you go to church at all, you realize that most of those people are also searching for answers, and the historic strength of this community has been altered by an over-stretched church building mortgage, a mortgage just like most of the people who wander through the doors for an hour or two each week. ...While we have been indoctrinated into the worldview that this is all there is and then you die, at our deepest transcendent level we understand that is not true; yet we have no frame of reference of where that vision quest should take us. This essentially is the paganism of Native Americans, and even though the missionaries came and went, the Indians were never properly taught about the grace of God in the specific revelation of Jesus Christ, but were simply to be converted to a foreign religion, with just as limited understanding of the gospel of grace, not much different than what resided in the Indians natural paganism. ...When the church no longer believes in the biblical creation story and the truth of God’s common grace, religion has created a different Jesus, who is not the Bible’s prophetically foretold transcendent Redeemer, but rather it has created an invisible life coach to help us change with the evolving times. ...In that transcendent revelation, God’s Divine Providence created the United States not specifically to bring natural freedom to the world, but rather for such a time as this, to illuminate our era of worldly darkness with the specific revelation found in something beyond our limited, degraded understanding.

November 13th - Our Father in Heaven

Jerry Bannon — 2011-11-12T20:31:01-08:00

Lord's Day 46 ...Why has Christ commanded us to address God as Our Father? ...To awaken in us at the very beginning of our prayer that childlike reverence and trust toward God which should be basic to our prayer: God has become our Father through Christ and will much less deny us what we ask of Him in faith than our fathers would refuse us earthly things.[ ...7:9-11; Luke 11:11-13. ...Why is there added, Who art in heaven? ...These words teach us not to think of God's heavenly majesty in an earthly manner,[1] and to expect from His almighty power all things we need for body and soul.[ ...23:23, 24; Acts 17:24, 25.

Brute' remembers American Veterans

Jerry Bannon — 2011-11-11T15:33:33-08:00

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The Third Opening of the West, Part 3 — Growing Jobs

Jerry Bannon — 2011-11-09T04:44:13-08:00

All prosperous enterprise endeavors do not need an educational system that teaches potential employees to believe they deserve rewards for just showing up, but never finishing anything, who have absolutely no concept of true excellence, or the competitive nature of the real world, are not needed, and they only get in the way. ...But what our modern evolved world fails to understand is that, no matter what road you choose to get to the present, that road simply runs from randomness to organized complexity, complexity way too interrelated for the individual or a community to fully grasp. ...As we touched upon last week our global banking system of finance, debt, and leverage based upon the “universal law of compound interest” is totally inadequate to deal with the risk premiums necessary to protect the real uncertainty involved in the process of essentially creating order out of some measure of chaos. ...The problem with the twentieth century is that we “evolved” in our thinking, simplifying that pioneer ecosystem, by not continuing along the path of complex diversity, but introducing “collective” simplicity to manage complexity, so that the individual became the servant, if not the serf of the Industrial Age, of first manufactured goods, but eventually manufactured everything, including food, services and human jobs. ...That history is slowly repeating itself a century later, except for the Third Opening of the West has yet to provide any economic opportunities, because there is no access to capital except, leverage capital based upon unrealistic industrial growth paradigms. ...Just like rural life lost out to urban growth during twentieth century industrialism, in the twenty-first century economic opportunities of rural areas will begin to create not only jobs but also true wealth based upon common sense principles of humanity and not just wishful thinking, financed by leveraged debt. ...The Third Opening of the West will change the American Landscape in a way that will provide economic and cultural opportunities, because of the reality natural law principles of diversity and sustainability will always provide more opportunity than can be provided by simplistic human cultural manipulations fostered by a simplistic unrealistic worldview.

November 6th - Prayer & The Lord's Prayer

Jerry Bannon — 2011-11-05T19:20:13-07:00

1] Moreover, God will give His grace and the Holy Spirit only to those who constantly and with heartfelt longing ask Him for these gifts and thank Him for them.[ ...What belongs to a prayer which pleases God and is heard by Him? ...First, we must from the heart call upon the one true God only, who has revealed Himself in His Word, for all that He has commanded us to pray.[ 1] Second, we must thoroughly know our need and misery, so that we may humble ourselves before God.[ 2] Third, we must rest on this firm foundation that, although we do not deserve it, God will certainly hear our prayer for the sake of Christ our Lord, as He has promised us in His Word.[ ...All the things we need for body and soul,[1] as included in the prayer which Christ our Lord Himself taught us. ...Give us this day our daily bread; And forgive us our debts, As we also have forgiven our debtors; And lead us not into temptation, But deliver us from the evil one.

Brute' states that a good smear of Bear Greece could ease the Eurozone problems.

Jerry Bannon — 2011-11-04T08:15:38-07:00

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The Third Opening of the West, Part 2 — Growing Debt

Jerry Bannon — 2011-11-02T12:30:46-07:00

Last week at this time, equity markets around the world were elated because it was believed that finally European leaders were close to working out a deal that would save Greece from financial default and the whole world would again be on the wide superhighway to the continual Industrial Age global shining city on the consumptive hill. ...Because of government supports of industrialized agriculture in this country, we have so altered natural equilibriums of markets around the world, that when, not if, we finally deal with the end of this portion of the global debt supercycle, we will be forced to close the free lunch counter. ...As these changes move forward, a new reality will begin to emerge in which the dinosaurs, behemoths and leviathans of the Industrial Age will not be able to adapt to these opportunities, because even though they have access to capital, their inherited size, simplistic thinking, and the inability to adapt to the unintended consequences of their actions, will not allow them to utilize the energetic new efficiencies of flexible developmental scales and the opportunities these innovative changes create. ...I’m sure the farmer thought he needed this tractor to make his work easier and hopefully more profitable, but the real reason he was able to buy this new tractor and his new farm toy, was that he was able to borrow the money using the equipment and the value of his land as collateral. ...As long as you can buy a super-sized double cheeseburger meal in some fast food restaurants for $5 and a gourmet version for under $10, fails to realize that “show me (all) the beef” in Brazil and Argentina is not going to keep the, subsidized cheap beef coming, if the American cattle industry can no longer sustain the current feedlot mentality. ...What this really means is that, we the people, are going to be the source of the solutions to the present and future problems, because the unintended consequences of the grand solutions, whether as grand as the future of the euro, or as mundane as keeping up the payments on an underwater suburban house, are too structurally complex for any form of centralized planning. ...However if we continue down the path of industrial agriculture, subsidized by government cronyism, Paris as well as urban areas around the world are going to see social unrest, that will make the “War to end all Wars” look relatively benign.

October 30th - The Tenth Commandment: Thou shall not covet

Jerry Bannon — 2011-10-29T22:25:36-07:00

That not even the slightest thought or desire contrary to any of God's commandments should ever arise in our heart. Rather, we should always hate all sin with all our heart, and delight in all righteousness.[ ...In this life even the holiest have only a small beginning of this obedience.[ 1] Nevertheless, with earnest purpose they do begin to live not only according to some but to all the commandments of God.[ ...If in this life no one can keep the ten commandments perfectly, why does God have them preached so strictly? ...First, that throughout our life we may more and more become aware of our sinful nature, and therefore seek more eagerly the forgiveness of sins and righteousness in Christ.[ 1] Second, that we may be zealous for good deeds and constantly pray to God for the grace of the Holy Spirit, that He may more and more renew us after God's image, until after this life we reach the goal of perfection.[

Brute' grizzles that ocuppiers should try Nowhere to learn something about grizzly reality.

Jerry Bannon — 2011-10-28T17:10:21-07:00

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The Third Opening of the West, Part 1

Jerry Bannon — 2011-10-26T12:12:38-07:00

For a generation or so, we have attempted to extrapolate this decreasingly effective financial process by various booms and busts, in which we were so enlightened we believed that this time is different and we could achieve security without truly understanding the reality of the maturity of the Industrial Age; and we have yet to create any mechanism to replace this financial genius. ...Putting it all into a context that is totally boring to those from either the Right or Left coasts, as well as the universe of most politicians, financial managers and economists; because we didn’t listen to Powell, the Second Opening required the New Deal band-aid, which ultimately put American agriculture on life support. ...The future the United States is going to rely on, for the first time in our nation’s history, and for that matter the future of the world, developing a sustainable market driven, wealth producing, debt limited, entrepreneur driven food, dare I say, human agricultural ecosystem, within a world of limits of energy and most importantly water. ...Using the distributism’s cow, you need a market for your excess milk, a summer max precipitation of at least a tall grass prairie, (short grass requires at least 10 acres for grazing and access to external winter hay), a way to breed your cow, land to raise the calf, and means to have milk to use and sell while between subsistence calving periods. ...On the short grass, good soil of the Palouse, my dad’s mother’s family were successful enough to still have ancestors farming in the area, and the tombstones in the Reardan cemetery are of such size to show they were not subsistence farmers for very long. ...The interesting thing, in context of this article, is that if the Bannon homestead in the Okanogan Highland had been not 320 acres but 5120 acres, which would have by necessity included the bottom lands of the small Bannon Creek drainage, then reserved as Indian allotment ground, they could have made it as a cattle ranch, because it is within the size scope of similar ranches in the area today. To close this week’s segment, what this shows is that for a century and a half, the American government’s development of our national lands, especially when we did not touch upon the land speculators responsible for building our transcontinental railroads, we see agricultural policies, up to the present time are dismal failures.

October 23rd -The Ninth Commandment: Thou shall not bear false witness.

Jerry Bannon — 2011-10-22T18:17:19-07:00

What is required in the ninth commandment? ...I must not give false testimony against anyone, twist no one's words, not gossip or slander, nor condemn or join in condemning anyone rashly and unheard.[ 1] Rather, I must avoid all lying and deceit as the devil's own works, under penalty of God's heavy wrath.[ 2] In court and everywhere else, I must love the truth,[3] speak and confess it honestly, and do what I can to defend and promote my neighbour's honour and reputation.[ ...19:5, 9; 21:28; Matt. ... 12:22; 13:5; John 8:44; Rev. ... 3:8, 9; 4:8.

Brute' gripes about the grizzly job market.

Jerry Bannon — 2011-10-21T15:12:31-07:00

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Auf Deutsch: Nein, Nein, Nein (No, No, No)

Jerry Bannon — 2011-10-19T07:45:27-07:00

It does show however quite starkly, as we have previously pointed out, the American experiment came about by Divine Providence, and to think that this God has abandoned us in this time of need is just wishful thinking on behalf of the crowd who states: Nein! ...The 9-9-9 plan is all about taxing, and there is nothing at all to say about what we are going to do with the plums produced, especially when those crops will always be the result of a God designed world of natural limits. ...So while Ferry County is an extreme case, most of rural America, the Great Fly Over, the God-awful Drive Through, the nowhere place between the Right and the Left Coasts, is just as in need of not just Empowerment Zones, but also Entrepreneurial Pioneer Areas (EPA). ...One other loophole seems to be that no taxes at all are to be paid by passive investors such as our now famous tax the rich Warren Buffet: The 9-9-9 Plan Features zero tax on capital gains and repatriated profits. ...As a consequence, as the one email that I mentioned I would be doing a thing on Herman Cain’s 9-9-9 Plan, a response mentioned that in Seattle with a state sales tax of 9.1 percent, this would make the tax rate on goods and services 18.1 percent. ...What this means in an economy which we have increasingly learned that GDP is based upon 70 percent or more of consumption of goods and services, is that rate is going to go down significantly, to what and when, is surely something speculators, hedge funds, similar financial innovations and casinos will begin rapidly trading, if Cain’s candidacy gains further traction. ...However, if the 9-9-9 Plan is highjacked by the same special interests that created the endgame in which we are now dealing, then their imperative changes will lead to continual economic destruction and the 9-9-9 will be replaced with another similar indicative plan.

October 16th - The Eight Commandment: Thou shall not steal.

Jerry Bannon — 2011-10-15T19:50:12-07:00

What does God forbid in the eighth commandment? ...God forbids not only outright theft and robbery[1] but also such wicked schemes and devices as false weights and measures, deceptive merchandising, counterfeit money, and usury;[2] we must not defraud our neighbour in any way, whether by force or by show of right.[ 3] In addition God forbids all greed[4] and all abuse or squandering of His gifts.[ ...6:9-11; Luke 3:14; James 5:1-6. ... 21:20; 23:20, 21; Luke 16:10-13. ...What does God require of you in this commandment? ...I must promote my neighbour's good wherever I can and may, deal with him as I would like others to deal with me, and work faithfully so that I may be able to give to those in need.[

Brute' grizzlies that politicians just don't understand!

Jerry Bannon — 2011-10-14T08:21:07-07:00

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Competition & Decentralization

Jerry Bannon — 2011-10-12T12:51:35-07:00

To believe otherwise only comes through the grace of God, both the specific grace of the gospel centered in the life, propitiatory sacrifice on the cross of Jesus Christ, and his bodily resurrection three days hence; and also a common grace leading to the truly enlightened worldview that this natural law focus is an individual not collective salvation. ...In that enlightenment, when we look at the current gridlock at the national level, as not only the contrast between collectivism, where Wonder Springs defines those players as “collective elitists” and their antithesis the objectivist “laissez faire scoundrels;” we find the perfect storm, catch 22, or simple chaotic inertia, which will slowly develop competition and eventually leading to decentralization. ...These people have nothing better to do with their life, just because they look to the state to provide that life meaning, which is, in reality, only a natural understanding of their progressive elitist cultural training. ...In the proper context, Wall Street unregulated “free market laissez faire” has created essentially pestilent chaos on the streets, because we have attempted to create a financial world, where money and consumerism are the sole measures of success. ...It has been a number of years since I purchased the hard copy, but listening to the book gives an insight that it is not so much an endorsement of laissez faire capitalism, as defined through Alan Greenspan’s run at the Federal Reserve, but rather a treatise of nineteenth century liberalism; almost the exact opposite of our liberal definition of today; also quite different than what we would call conservatism. ...The good thing about the American political experiment, is that these slow changes, allow the flexibility of the process to muddle through, when more dramatic political processes may stress and potentially collapse into anarchy; and some sort of authoritarian rule from either the political left or right. So your ability to adapt to these changes and understand where we are headed, will allow to you look for opportunities being created, as over time our world slowly increases competition, allowing for success of smaller more competitive enterprises and eventually the decentralization of governments at all levels.

October 9th - The Seventh Commandment: Thou shall not commit adultery.

Jerry Bannon — 2011-10-08T22:35:00-07:00

What does the seventh commandment teach us? ...That all unchastity is cursed by God.[ 1] We must therefore detest it from the heart[2] and live chaste and disciplined lives, both within and outside of holy marriage.[ ...Does God in this commandment forbid nothing more than adultery and similar shameful sins? ...Since we, body and soul, are temples of the Holy Spirit, it is God's will that we keep ourselves pure and holy. Therefore He forbids all unchaste acts, gestures, words, thoughts, desires,[1] and whatever may entice us to unchastity.[ ...5:27-29; I Cor.

Brute' says humans need to cherish their unique qualities.

Jerry Bannon — 2011-10-07T06:18:52-07:00

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If you’re so smart, why are we so broke?

Jerry Bannon — 2011-10-05T07:10:25-07:00

I would say in the total picture, I do have a few unusual gifts that are somewhat unique, that we touched upon last week, which I seem to be able to see or comprehend things in a way other people can’t see, or more likely don’t want to see. ...The Gross Domestic Product (GDP) model we have used, more and more commonly over the last generation, as we have moved from historic compound interest and leverage, into the world’s now crumbling financial situation, is to maintain it all through increasing debt, not by looking at the model itself. Last week when we looked at Financial Fizzics and Fleeing Fear using the arithmetic formula for GDP, we see it is equal to the total contributions of Consumption (C) plus the contribution of Investments (I) adding in the role of Government (G) and either adding or subtracting the Net (N) difference between national Imports (I) and Exports (E). ...Now to put this into some sort of historical context, we used the quotation from Keynesian Robert Reich at the beginning to illustrate that in his worldview that Government can be the mechanism by which essentially an New-New Deal will get the economy back to creating jobs. ...Today this is really almost totally centralized in “too big to fail” financial institutions, government and the related corporate dinosaurs, leviathans, behemoths, who are the only ones who have access to the FED liquidity and then if they want it — to be able to continue to merge, acquire, and regulate unsustainable and cancerous positions within globally regulated markets. ...Going back to Austrian school economics, evolution, or natural law, your choice; we need some Creative Destruction within the United States and the rest of the global economy, so that we can create both the enterprises and the infrastructure for the future. ...Coming at it from the other end of the financial spectrum, it is like successful microloan programs in developing countries, only focusing on equity financing, not just to create a successful independent business entrepreneur, but rather to produce sustainable wealth and secure jobs, with early investments of $100,000, topping out at $1 million, with eventual EPA development investment limits of $10 million.

October 4th - The Sixth Commandment: Thou shall not kill

Jerry Bannon — 2011-10-02T03:23:48-07:00

I am not to dishonour, hate, injure, or kill my neighbour by thoughts, words, or gestures, and much less by deeds, whether personally or through another;[1] rather, I am to put away all desire of revenge.[ 2] Moreover, I am not to harm or recklessly endanger myself.[ 3] Therefore, also, the government bears the sword to prevent murder.[ ...By forbidding murder God teaches us that He hates the root of murder, such as envy, hatred, anger, and desire of revenge,[1] and that He regards all these as murder.[ ...5:19-21; James 1:20; I John 2:9-11. ...Is it enough, then, that we do not kill our neighbour in any such way? ...When God condemns envy, hatred, and anger, He commands us to love our neighbour as ourselves,[1] to show patience, peace, gentleness, mercy, and friendliness toward him,[2] to protect him from harm as much as we can, and to do good even to our enemies.[

Brute' says no matter how bad are grizzly times, spring always follows.

Jerry Bannon — 2011-09-30T10:55:36-07:00

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Financial Fizzics and Fleeing Fear

Jerry Bannon — 2011-09-28T06:00:31-07:00

While all these articles may or may not relate to the fizzics and the physics of this topic, metis in our today’s writing should be understood sort of as the half-breed quality of the human personality that adds, as intended and unintended consequences, to what is generally described in common grace usage as the human conscience; and the moral law, in religious connotations. ...In the context of this week’s description of the difference between fizzics and natural physics, I find a similar fizzics metis, but generally not as acute, in people from all urban backgrounds when it comes to dealing with what Thoreau would call “In Wildness is the Preservation of the World.” It is OK to take a trip out into the woods for the day, but it is done best if you sleep in the security of your own bed, drive to your wildness adventure, get in touch with all your natural metis fizzics needs, and make sure you are back in the city to have dinner with friends at folksy restaurants to discuss your adventure. ...That brings us to the current economic fear, that Social Security is a Ponzi Scheme, Medicare is unsustainable, ObamaCare is too expensive to be a viable option, the million dollars you began to put away for retirement has be inflated away and what remained, half was lost in 2008, more has disappeared in the Great Recession, and now the bear market is eating what little you have left. ...“The idea that we should put limits on growth because of some natural limit, is a profound error and one that, were it ever to prove influential, would have staggering social costs.” Welcome to the developing reality of the unfolding of “staggering social costs,” which will only be exacerbated by the lack of understanding on the leaders who seem content to follow the path that, takes an unintended... fork and everything falls off a cliff, before our forward looking model discerns a path not previously traveled. That solution, which we will look at in more detail next week, is to quit relying on the models of twentieth century prosperity, take off the sunglasses and travel to a place where on a clear day you might, just might, be able to see forever, and before you leave for that vision quest, you delete the trip itinerary from your cell phone.

September 25th - The Fifth Commandment

Jerry Bannon — 2011-09-24T19:52:31-07:00

What does God require in the fifth commandment? ...That I show all honour, love, and faithfulness to my father and mother and to all those in authority over me, submit myself with due obedience to their good instruction and discipline,[1] and also have patience with their weaknesses and shortcomings,[2] since it is God's will to govern us by their hand.[ ...1:8; 4:1; Rom. 13:1, 2; Eph. 5:21, 22; 6:1-9; Col. 3:18-4:1. ... 20:20; 23:22; I Pet.2:18.

Brute' explains the world's grizzly bear markets!

Jerry Bannon — 2011-09-23T07:00:33-07:00

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The Jobs Conundrum and Startups

Jerry Bannon — 2011-09-21T11:37:36-07:00

Then there is the Federal Reserve and the Treasury that seem to believe as long the “world financial markets” have access to various faux-fiat-money instruments and that interest rates remain near zero for the indefinite future, the trader’s computer programs, will bring prosperity to those, dare we say Ponzi” schemes, and that will allow their at least monthly potential manipulations thereof, to trickle down to the folks and the entrepreneurs in a positive way. ...How about this incentive: If you stand on your head for an hour, then fill out a 500 page online form disclosing all trade secrets; how you are out to swindle everyone you come in contact with; split to a non-extradition country; then we will send you a special bottle of magic fairy dust — so that the government will give you an registered opportunity to succeed. ...This will constrain the reality of our present jobs conundrum so that is absolutely no reason in the present economic environment that someone of sound mind and stature would want to begin to build a lasting tower of economic strength and wealth creation, when there is no foundational or structural components that have any durability beyond November 2012; and then in January 2013 what little there is — all disappears! ...Don’t bring them in, and if you find out they have evolved into chickens, give them the opportunity to become free range birds, but if possible help them find a real job, because especially roosters can make a lot of noise, even if they really don’t do a whole lot related to the productivity of the chicken coop. ...Just like the University of Washington research, by the time we reached 5 years we were a pretty well functioning team, except for the problem from upper management had shifted from where can we sell the most units to where can we sell the first one. ...There I had the opportunity to develop a means to test people’s aptitudes, skills, experience, and gifts to find people that would not play to the entrepreneurs strengths, but rather provide complementary skills, while still providing enough of a similar worldview that true conflicts could be managed and a interdisciplinary management team could be developed, compressing the time requirement found in the University of Washington research. ...True Babylonians and their supporters know this could never happen, for there is no God and the Bible is just of book of myths and fairy tales, not all that different than, you know, Peter Pan, Tinker Bell, fairy dust, and Captain Hook; who is attempting to force the childish boys to grow up.

September 18th - The Fourth Commandment

Jerry Bannon — 2011-09-17T17:45:38-07:00

What does God require in the fourth commandment? ...First, that the ministry of the gospel and the schools be maintained[1] and that, especially on the day of rest, I diligently attend the church of God[2] to hear God's Word,[3] to use the sacraments,[4] to call publicly upon the LORD,[5] and to give Christian offerings for the poor.[ 6] Second, that all the days of my life I rest from my evil works, let the LORD work in me through His Holy Spirit, and so begin in this life the eternal sabbath.[ ...6:4-9; 20-25; I Cor. ... 40:9, 10; 68:26; Acts 2:42-47; Heb. ... 10:14-17; I Cor. ... 16:2; II Cor. 8 and 9.

Brute' questions if Wall Street belongs to the real human world?

Jerry Bannon — 2011-09-16T10:00:04-07:00

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Freed Entrepreneurs: The Quality — Quantity Issue

Jerry Bannon — 2011-09-14T06:00:00-07:00

What we are really dealing with is an endgame of the twentieth century’s debt-leverage supercycle and a short term political future in which all leaders appear to be troglodytes attempting to resuscitate this past age of economic behemoths, dinosaurs and leviathans. ...These Grizzly spending cuts, to 14 percent of GDP over 10 years, on a yearly basis (1 percent per year) are less than those requested by the IMF (1.4 percent), and within the range of other, no more of these same ol’ game analysts. ...Attempting to put this in the context we have recently been discussing; it is really about the difference between a world where quantity of things and stuff had been the dominate paradigm; into one where the quality of life issues are defined in a more pronounced human spherical universe. ...The big question is whether the real world of stupendous change will allow America’s president and wannabe presidents to continue to talk and propose the stuff that got us here, or move on to look at the world in a twenty-first century illumination. ...The problem with a new diverse, quality of life worldview however is that it would put most economists and many financial managers on the unemployment lines; and seriously these people have less other marketable skills than a manufacturing assembly line worker. ...Maybe that is the way they think in Texas, but up here in God’s country, everyone I know always considered Social Security a tax, part of the universal law of “Death and Taxes,” and if we ever got even a small piece, that, we would consider a miracle. ...The Grizzly USA plan converts Social Security taxes from the governments cash basis accounting into a true accrual accounting basis trust fund, which means that the Social Security Trust Fund must invest its funds in something other than fiat money IOUs and receive the fruits of those investments as in a true trust fund account, with audits and other such nonsense, we are told not to worry about.

September 11th - Taking oaths

Jerry Bannon — 2011-09-10T23:04:52-07:00

But may we swear an oath by the Name of God in a godly manner? ...Yes, when the government demands it of its subjects, or when necessity requires it, in order to maintain and promote fidelity and truth, to God's glory and for our neighbour's good. Such oath-taking is based on God's Word[1] and was therefore rightly used by saints in the Old and the New Testament.[ ...May we also swear by saints or other creatures? ...A lawful oath is a calling upon God, who alone knows the heart, to bear witness to the truth, and to punish me if I swear falsely.[ 1] No creature is worthy of such honour.[ ...5:34-37; 23:16-22; James 5:12.

Brute' is the only real grizzly bear to ever been tweeted!

Jerry Bannon — 2011-09-09T08:55:21-07:00

The Grizzly Bearish, No Bull, Plan for the United States of America Two copies on one page for distribution

The Kauffman Foundation and The Startup ACT

Jerry Bannon — 2011-09-08T13:11:19-07:00

Just as it is important to recognize entrepreneurship at the national level, that emphasis must go down to the local communities and that is one reason the Climax Entrepreneurship article focuses upon Entrepreneurial Pioneer Areas especially, a drastic need in rural areas of the nation.