Global stock markets have been plummeting. Where the bottom is, nobody knows. There will be gut-wrenching zigs and hopeful zags along the way; they will be of larger magnitude and—in our digital age of instant response—will occur with greater rapidity than ever before. Perhaps we are near the bottom. Remember, “the darkest hour precedes... Continue Reading

It’s finger-pointing time, folks. Whose fault is the ongoing financial crack-up that has hurt, angered, and frightened so many people? There is plenty of blame to go around, and the American people deserve to know the culprits. Simple justice, though, demands that the innocent not be condemned with the guilty. Already there is one innocent... Continue Reading

  …vanity of vanities; all is vanity (Ecclesiastes 1:2b).   Economic historians will be analyzing America’s early 21st century credit crisis till Jesus returns. As a veteran of the early days of these financial wars, it appears to me that the primary reason will be, “greed exceeded fear,” and the secondary reason will be a.) Misguided... Continue Reading