Guest Article: Extremes: Expect Consequences-Part 1, by Gary Christenson

What extremes am I referencing? The S&P 500 Index has tripled in six years, is overbought, and is at an all-time high. See graph showing 7-year cycle highs and overbought indicators. Earnings do not support the high valuations of U.S. stocks. Note the extreme valuations as shown in the graph below, courtesy of Arabian Money. Interest rates are currently at multi-generational or all-time lows and consequently bonds are extremely high in the “bubble-zone.” Many European banks and sovereign governments are “paying” negative interest. This was unthinkable a few years ago! The dollar index rallied over 25% between May 2014 and …




Street Combat – This Ain’t No Game! – Part 2 of 9, by Pat Cascio

INTRODUCTION The right cross came out of nowhere, followed immediately by a second blow. Before the victim had time to think about it, he had collapsed to the cold, snowy concrete walk. He had been attacked and robbed. The attacker had stolen a new pair of gloves from the seven year old. The attack had taken place on school grounds, during recess. The attack was swift, without warning and final! The eight year old attacker was already a known member of the Latin Kings street gang in Chicago. The seven year old victim had just learned his first (and most …




Letter Re: The Home Library

HJL, I have thought on the topic of the home library and what books it should and should not comprise, at least in terms of there being a set of bookshelves, which all family members have access to and are encouraged to read and use for study, whether one homeschools or not. A Bible and a good concordance thereto top the list, and I believe that the King James Version, in modern type, is generally the best overall. For intensive Scripture study, in fact, I usually print out a Book or chapters from the KJV from a reliable .pdf file. …




Economics and Investing:

San Francisco tech bubble spills into mega housing bubble: San Francisco median price nears $1 million while homeownership rate falters. o o o Greece draws up drachma plans, prepares to miss IMF payment . – JBG o o o Putin May Have Last Laugh Over Western Sanctions o o o A titanic quantity of derivatives – say 1,000 Trillion dollars!




Odds ‘n Sods:

Brownback is a Brown Coat! Kansas Governor Sam Brownback has signed a bill that re-legalizes permit-free concealed carry (aka “Constitutional Carry“) of guns. The law will take effect on July 1st, 2015. Commendably, Brownback was quoted as saying: “Responsible gun ownership – for protection and sport – is a right inherent in our Constitution.” Kudos to Governor Brownback. Kansas will join Alaska, Arizona, Arkansas, Vermont, and Wyoming as Constitutional Carry states. The legislatures in other states should take note and follow suit! (Idaho and Montana are presently ripe candidates.) – JWR o o o Common Core Education: The Insane Bottom …




Hugh’s Quote of the Day:

“Jesus therefore, knowing all things that should come upon him, went forth, and said unto them, Whom seek ye? They answered him, Jesus of Nazareth. Jesus saith unto them, I am he. And Judas also, which betrayed him, stood with them. As soon then as he had said unto them, I am he, they went backward, and fell to the ground.” John 18:4-6 (KJV)