The Editors’ Quote of the Day:

“A classic 1929-style [stock market] crash starts with a deep, fast decline. Then comes a recovery of about half the decline, which draws in ‘buy the dip’ investors, fresh meat for the monster ahead. It’s a quick gulp of fresh air before the real crash begins, the Big One, stair-stepping down for a couple of years until it bottoms at a small fraction of the peak, exhausted and depleted. While this probably isn’t the Big One, it could be the initial fracture, or it could be something like the -21% quick correction of 1987. Will the Big One happen this …







The Editors’ Quote of the Day:

“Lower the price of burger and people will eat more of it. But food in total is not elastic. There is really no substitute for calories… There are countless fragilities within our agricultural production, purchasing, processing and distribution system. And remember, food is inelastic. The destruction of [civil] order does not require a 70% reduction in calories. It requires that five percent of the population receive 10% less than they need.” – The Eaton Rapids Joe blog







The Editors’ Quote of the Day:

“In the year that king Uzziah died I saw also the Lord sitting upon a throne, high and lifted up, and his train filled the temple. Above it stood the seraphims: each one had six wings; with twain he covered his face, and with twain he covered his feet, and with twain he did fly. And one cried unto another, and said, Holy, holy, holy, is the Lord of hosts: the whole earth is full of his glory. And the posts of the door moved at the voice of him that cried, and the house was filled with smoke. Then …



















The Editors’ Quote of the Day:

“When Jesus therefore perceived that they would come and take him by force, to make him a king, he departed again into a mountain himself alone. And when even was now come, his disciples went down unto the sea, and entered into a ship, and went over the sea toward Capernaum. And it was now dark, and Jesus was not come to them. And the sea arose by reason of a great wind that blew. So when they had rowed about five and twenty or thirty furlongs, they see Jesus walking on the sea, and drawing nigh unto the ship: …




The Editors’ Quote of the Day:

Give ear to my words, O Lord, consider my meditation. Hearken unto the voice of my cry, my King, and my God: for unto thee will I pray. My voice shalt thou hear in the morning, O Lord; in the morning will I direct my prayer unto thee, and will look up. For thou art not a God that hath pleasure in wickedness: neither shall evil dwell with thee. The foolish shall not stand in thy sight: thou hatest all workers of iniquity. Thou shalt destroy them that speak leasing: the Lord will abhor the bloody and deceitful man. But …




The Editors’ Quote of the Day:

“The first man who, having enclosed a piece of ground, bethought himself of saying This is mine, and found people simple enough to believe him, was the real founder of civil society.  From how many crimes, wars and murders, from how many horrors and misfortunes might not anyone have saved mankind, by pulling up the stakes, or filling up the ditch, and crying to his fellows, “Beware of listening to this impostor; you are undone if you once forget that the fruits of the earth belong to us all, and the earth itself to nobody.”  – Jean Jacques Rousseau, A …