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Calvinist vs. Arminian: A Great Debate, or Failure to Notice? - Comments (0)

Printer Friendly Category: Articles,Doctrine
Author: John Malone
Date: 24th February, 2014 @ 11:19:23 PM

The major argument between Calvinists and Arminians is a failure to rightly understand the {two justifications of Abraham as pointed out in James 2:21-24.

This so-called “great debate” is attributable to a few oversights in the passage itself. So let me make a few observations:

  1. The question in verse 21 is a rhetorical one with the answer “yes” implied. Therefore, the statement is definite that Abraham was justified by works WHEN he offered Isaac his son on the altar. This event occurred approximately 60 years after Abraham was justified by faith in Genesis 15:6.
  2. This advancement in Abraham’s life is said to be a matter of works working with his faith to make it MATURE (v. 22).
  3. The Scripture therefore was fulfilled, because Abraham was “called the friend of God.”
  4. So you see that a man is justified by works, and not only faith.
  5. There is a justification by works that follows a justification by faith.

#1. The main subject here is, “When.” So few seem to even see this. Abraham was justified by works about 60 years or so after he was justified by faith. For many of us that’s a lifetime. It’s late in his life.

Abraham looks and sees the place (of the skull? I think so.) from far off.

When we look at the account of this sacrifice of Isaac, we see the outline of Gods testing of the faith of His children.  Abraham has forward-looking (mature, “now”) faith. He sets forth according to the Word of God (therefore by faith).

He promises those who stay behind that he and the lad, 33-year-old Isaac, will return . It is the case that Abraham – and more particularly Isaac – are going the way of the cross, Isaac bearing the wood for his own sacrifice. He assures Isaac that God will provide a lamb.

By faith, Abraham receives Isaac from the dead.

#2. Abraham’s faith was made mature by this work. He had to look forward according to his hope, even forward beyond the grave. He was embracing a far-off promise. We are told he looked for a city that had foundations. Mature faith is forward-working faith. Beginning faith looks backward, to the substitutionary death of Jesus Christ. Beginning faith is justifying faith. Mature faith is justifies its holder by works. Later. For us, this is the faith tested by fire at the judgment seat of Christ, before which we shall all stand

#3. Abraham’s 2nd justification resulted in an accolade. AND, the Scriptures say, Abraham was called the friend of God! Not all was fulfilled about Abraham at Gen 15:6. Not all is fulfilled about you or I, brother, until the great and ominous judgment seat of Christ! Will we be justified by works, having them tested, and then receive an accolade from God? Will He say, “Well done, thou good and faithful servant?”|Mat 25:21}

After all, we are His friends, IF AND ONLY IF we do what He commands.

Yet we are His children, having been born again by faith in the Great Substitute, our Lord Jesus Christ. And that is true, my brother, no matter what you do, before or after you receive Him.

#4. So, there you can see it. If the Calvinists and Arminians would see this, they would realize their “Great Debate” is based on things that differ. Things that require a more detailed look. But they won’t look because they love their argument. What a shame.

#5. There are two justifications, and Abraham experienced both of them. So, you see, a man is [also] justified by works, and not by faith only. It’s the “when,” and the viewpoint, that distinguishes them.

Now, brethren, carry on with your argument. Arminian, keep making-believe your eternal life is in jeopardy, because you can’t distinguish these justifications. And Calvinist, keep playing “fruit inspector” and telling brethren who don’t meet your standard “not really saved.” “Eighteen inches from salvation: head to heart.”

Keep on your phony argument, and let the rest of us go on to maturity, if God permits.

Commies & Homos, 1972. - Comments (0)

Printer Friendly Category: Articles,My Life
Author: John Malone
Date: 19th February, 2014 @ 03:07:12 PM

Interestingly yesterday, as I listened to my friend (and brother) Chris Baker on his “Big Show” afternoon Omaha radio talk show, I heard a caller who was brainwashed about the recent past. Never has the old saw, “history is written by the winners,” ever become more clear to me than when it happens about the times I have lived.

You see, in a very real way, while the rock bands played, and while people still were coming late to the 1960’s, I was left of Karl Marx. I laughed at the National Lampoon edition that featured hippies smoking weed and thought bubbling, “Marx was no communist, I’m a REAL communist.” (In fact, I spent an entire day with PJ O’Rourke – today a conservative writer, and still a funny guy – when he was in his heyday at the National Lampoon: that’s another story for another day.)

Perhaps you know the Karl (not Groucho) Marx story. The oppressed worker lives in a valley. Every day he trudges up left hill on his right to go to work, where he is oppressed. Every Sunday he trudges up the hill on his left to go to church, where he is told to trudge along, because things will be better in the by-and-by. Pie in the sky.

I studied the dismal science. I learned it. Chris’ caller forgot that Marxism has never happened, but that Communism took its place. And then Stalinism took its place. And that was all BEFORE my generation. As was Hitler. Stalinism struck on the “dictatorship of the proletariat” phase. You know, the temporary phase until the masses can be re-educated in the FEMA camps? Hitler was a socialist. People tend to forget that when they so willingly vote Republican. As did Herod and Pilot, Latter Day Stalinists and Hitlerians became fast friends. Christians should be wary of the “leaven of Herod.”

I have witnessed the politics of the past 40+ years. You see, in a certain way I dropped out, went to the political sidelines, and conducted myself more prudently than I used to, and have been called to preach. Yet I have observed, and occasionally engaged.

The commies are in power now. Here. As are the homos. Get used to it I think. It’s going to get worse.

It was 1972 when I saw the Civil Rights Movement oddly and illogically morph into the Homo Movement.

I was 21-years-old, and ascending in the world of student politics. I was attending the National Student Association Convention, and became deeply involved as an operative in a winning campaign to lead that formerly-CIA-financed radical student organization.

To my surprise, the organization was very heavily influenced and led by people closer to age 30 than 20. One of the key influencers of that organization at that time was Jack Baker (age 30), student president at the University of Minnesota, and perhaps the most radical homosexual in the country. While I was unabashedly pro Civil Rights in the context of racial discrimination, I could not – and still cannot not – bring myself to the equation of a homosexual behavior with racial inheritance.

As it turned out, despite winning that election electorally, we lost it when our candidate was punched in the face, and a voice vote then overrode the election. In that day – 1972 mind you – “student leaders” were competing with one another to proclaim how anti-communist they WEREN’T. I recall Margery Tabankin distinctly pleading with us at the plenary session to believe her when she said she was never anti-communist. While her rhetoric at the time didn’t disturb me at all, it should have.

In attendance as honored guests at that convention were Tom Hayden and Jane Fonda, and Senator Edward Kennedy, among others.

At least from that time, the student movement in the United States was totally pro-communist, and largely also pro-homosexuality. Before that experience, I thought “communist” and “marxist” was a persuasion. I had never met any committed communist party members prior to that time. At that time, meeting some, I realized how committed and dedicated to the revision of the USA these people were. Any real student was a mere spectator at that convention. The players were all older, and they were on a mission, and they were funded.

In fact, Tabankin went on from there to become someone who could find tax money to support left wing causes. That was her early career. Later, until now, she has gone about raising private and public funds to continue the agenda I saw emerging way back there in the Nixon Administration: commies and homos.

That was my early education in the politics of today. I went home in the summer of 1972 disillusioned and depressed about the politics of my generation. From that time forward, I saw politics in the United States become more and more about homosexual sex. And more and more authoritarian, anarchist, godless, and Nazi-like.

At about this same time, I became pretty worried about the GroupThink and mass mentality of my peers. I attended very few concerts in my life, and the reason for this is that I did not care for the mass behaviors I saw taking place in crowds. It was so engineered!

Maybe it was the writings of Gunter Grass (The Tin Drum), Alexander Solzhenitsyn (The Gulag Archipelago, One Day in the Life of Ivan Denisovich), and Albert Speer’s contemporary work (Inside the Third Reich), that made me wary. I was no cold warrior, for sure, and had no fear of Russian military aggression against our country, but I really did fear the direction I saw my peers taking. In a way, I suppose I saw myself as the Grass’ “tin drummer,” prepared to beat a counter-rhythm to the Nazi-like beats all about me.

But in the summer of ’72, my depression deepened as my altruistic belief in enlightened politics crashed hard on the understanding that anarchy and homosexuality were creeping into my then-“paragon of righteousness”, the American civil rights movement. It seemed inevitable that movement would get hijacked. In fact, it was inevitable.

I was barely 21 years old, had already twice been the Editor-In-Chief of the campus newspaper, and probably switched majors 4-5 times. I had lost my girl friend, and I didn’t care. Even baseball wasn’t fun. The then-greatest Husker teams ever weren’t playing anymore, and a guy I played baseball against was going to win a Heisman trophy, even after knocking off a gas station. I played a mean game of bridge.

I realized I was on a wrong track somewhere. I also realize I found the right track.

Modest Amendments to Public Health Care. - Comments (0)

Printer Friendly Category: Articles,Salt and Light
Author: John Malone
Date: 16th February, 2014 @ 10:10:47 AM

I’ve added a new category to this site to accommodate some of my thoughts about public policy that I think make for a more peaceful and productive society. The kind of society we should pray for so that we can more readily advance the gospel of Jesus Christ. Christians are the salt of the earth , a preserving agent, and we need to function accordingly, lest the surrounding society rots faster.

There are approximately 4,000,000 children born in the USA annually. The average cost of a birth is $3,500, which in my opinion is pretty high because my daughters and daughter-in-law give birth for a little as $50. And I have 36 grandkids.

If vouchers were given to every child born in the USA as a birthday present, it would cost $14B. That’s a drop in the bucket in the context of the Affordable Health Care Act, and would remove some of the ridiculous underwriting requirements involved in that fiasco such as providing maternity coverage for all males.

Insurance NEEDS underwriting requirements.

It would also lead to the reduction in cost of births because it would stimulate competition for birthing. Pregnancy is not a disease and doesn’t necessarily belong in hospitals in the first place. I’d let parents shop the birth so that any remainder of the voucher would go to an HSA for the child.

One of the main problems with insurance is that it tends to destroy price discovery by the consumer. The provision of leftovers into an HSA will stimulate consumer price discovery, which in turn stimulates competition, which in turn provides efficiency.

I don’t think we can have too many more justifiable public expenses than birth. $14B would take maternity out of the public health care insurance debate.

Happy birthday, citizen.

The second thing that needs to be done is to restore the allocation scheme of “uninsurables” so that insurance providers can more accurately price products without worrying that they will be “selected against” by high-cost consumers. As it stands today, each participating insurer in public health care has to worry about such selection – a standard practice in insurance – and price accordingly. It is possible as it currently stands, for instance, for 10 insurance companies to each price their products as if they will attract 25% of the high-cost consumer. Normal distribution of those 10 would yield one company with 25%, and two with 20% of those consumers, but ALL the companies have to price for the eventuality. That adds up to 2.5 times the number of those consumers, or 150% excess expense. I have oversimplified, but the idea is here.

Instead, companies should be allowed to underwrite as they have in the past, but me made to absorb the uninsurable according the the market percentages they acquire. A simple allocation scheme. Such a simple provision as this would allow more accurate pricing by insurers of the base product. The uninsurable would raise the price of insurance for the insurable , but that is what insurance is, after all.

When these sorts of simple ideas are not present in the scheme, one wonder what the scheme really is.

Real Hebrew Roots. - Comments (0)

Printer Friendly Category: Articles
Author: John Malone
Date: 13th February, 2014 @ 03:42:07 PM

A modern-day repackaging of an old-time religion may be found in the “Hebrew Roots” movement, which teaches that Christians need to obey the Levitical laws and sanctions generally agreed to be 613 laws, customs, and so forth derived from the first five books of Scripture.

This “movement” is misnamed. Of course, the errors it propounds are nothing new, and are prominently figured into Paul’s rather seething commentary on such ideas in his epistle to the Galatians. Most people either gloss Galatians when they read it, or mistake its major premise by focusing on a minor one, and/or reading too many commentaries. To aid the reader, the central consideration is not initial salvation from sin unto the gift of eternal life, but progressive sanctification in the life.

The Hebrew Roots movement is truly against Christian practice and faith, despite being occupied as it is by Christians. There are very clear Scriptural warnings to NOT do the very thing this movement represents. It steals the liberty into which every Christian has been placed. We should, rather, stand fast in that liberty.

Once again we learn the difference between being sanctified – which every single believer in the Lord Jesus Christ is – and being able to sanctify: which no Christian can do.

How many times do you hear, in a discussion of an unbiblical practice or doctrine, how many Christians, including Christians of some note, either do the practice or believe and or teach the doctrine? As if that can possibly settle a matter? All of this leads to confusion in the mind of the beholder, the very beholder we are trying to reach with the truth of God’s word. When Peter violated the principles of the early church, his acts were not sanctified, but Paul put him in his place.

A paradox, you may say? Sure it is. But of all people to understand the paradoxes of those who are identifiable by faith and practice, Jewish people should understand that a variety of practices and beliefs doesn’t completely obscure the identity underneath. In short, these are Christians acting as if they are Jewish proselytes, to a large extent, and when Christians join into the inferior priesthood of Levi – as they do – they do a disservice to the Christian faith.

“Christians” were first called as such by others who identified them at Antioch, in Pisidia, in the middle of the first century. Prior to that time, before Gentiles began to be Christians in larger numbers, they were knows as Jews who went “the way.”

In fact, this fairly large group of Jews who believed in Jesus Christ could be found occupying “Solomon’s porch” in the Herodian temple when it was standing, and Jews gathered together on the requisite feasts.

So, yes, Christianity has Jewish roots. To call it “Hebrew roots” is flat wrong.

Abraham is called a Hebrew. He didn’t perform any of the law, nor did he keep its dietary restrictions, let alone wear phylacteries, etc., and other Rabbinic practices which actually miss the mark spiritually, and, at best, are superstition, or worse, end up choking on gnats and swallowing camels.

As for how it happens, Christians receive a supernatural love for God and His word, because of the love of Jesus Christ. It doesn’t take much study of the Scriptures to realize God’s special love for His people, Israel. Jesus is a Jew, too. Not was. Is. Tribe of Judah.

So any thoughtful Christian cannot hate the Jews – even though many do – but instead have a supernatural affinity to them, and are indebted to the Jews because that is where faith in Jehovah (Jesus Christ) comes from. To call that a “Hebrew Root,” is a misnomer.

The Scriptures teach that Israel is a tender planting of God, a tree (or vine) that grew, and then later at some time Gentile branches were grafted in. That time was in the first century, as Jews increasingly rejected Jesus Christ, even though many, many believed.

That leaves we former Gentiles who have believed readily aware that we only stand by our faith in Jesus Christ, and when the time comes that no longer is the case among the Gentiles, God will once again take up Israel as the light of the world.

But that is NOT Hebrew roots, even in the generic sense. True “Hebrew Roots” may be found in Abraham the Hebrew, but not in the Levitical priesthood.

And this is the core of the problem. These misled and misleading Christians have come short of the second phase of the ministry of the Lord Jesus Christ, the one He is in today, which is His priesthood at the right hand of His and our Father. This is not a Levitical priesthood as is obviously evident in the fact that Jesus Christ is of the tribe of Judah, house of David, and not of the tribe of Levi. He’s genealogy is most eloquently found in first parts of Matthew and Luke.

Paul, when he was before Ananias, the alleged Jewish high priest, was slapped at Ananias instruction, and Paul subsequently called Ananias a “whited wall.” He then claimed he did not know Ananias WAS the high priest. Of course, Paul was aware of who Ananias was.

However, unlike the others around, Paul also knew Who the Lord Jesus Christ is, and also knew Him to be a high priest of a higher order than any from Levi. He published this viewpoint clearly and succinctly in his Epistle to the Hebrews. And it is in that epistle that the undeniable logic is presented: that Abraham paid tithes to Melchisedec.

Because Abraham is Levi’s great grandfather, Levi paid tithes to Melchisedec in Abraham. And after Abraham tithed to Melchisedec, Melchisedec blessed Abraham. It is not controversial that the greater blesses the lesser, and therefore we see how great this man Melchisedec was: greater than Abraham. It is significant that in the blessing of Abraham, Melchisedec, the king-priest of Salem, brought forth bread and wine to Abraham. This foreshadows the Christian ordinance.

Therefore we see that, prior to Levi and Moses, there was a priest of God who was king of Salem, later to be Jeru-salem. This priest was greater than Abraham. He was NOT a high priest, but that his order existed is a fact of the Bible. This no doubt traces back to the commitment of the true worship of God to Shem. In fact, I suspect that Melchisedec may have indeed BEEN Shem. But that’s not especially important. If Melchisedec’s genealogy was important, it would be included. The fact is, it is important he has NO genealogy, typifying as it does his priestly Successor, Who is timeless.

Shem was the father of ALL of the children of Eber, upon whose name the term Hebrew rests.

These are Hebrew roots if the phrase is to be used. The roots of faith in Abraham the Hebrew.

Abraham the Hebrew recognized the priesthood of Melchisedec. And while Melchisedec was a king-priest, his Successor, Jesus Christ, is the High-Priest King, after the same order. With Jesus Christ the high-priestly order of Levi was terminated. The High Priest after the order of Melchisedec took His office after His ascent back to heaven.

The Lord Jesus will hold the three offices given to Israel: Prophet, Priest, King. No other single man was ever allowed this. He dies, as prophets do, at the hands of His own people. Today, he is the High-Priest, after the order of Melchisedec, and therefore all the order of Aaron (Levi) is terminated. Finally, He will rule as King of Kings, Lord of Lords.

And the law of Moses, which came 400 years later, cannot annul God’s promises to Abraham, in part signified by his meeting with Melchisedec after Abraham’s triumph over the kings.

This, by the way, is orthodox and fundamental Christian belief.

I have Hebrew roots.

Right of Attila the Hun. - Comments (0)

Printer Friendly Category: Articles
Author: John Malone
Date: 12th February, 2014 @ 06:47:04 AM

It’s been quite a few years ago that I was introduced as being “Somewhat to the right of Attila the Hun,” by a friend of mine. I’m misunderstood. Sometimes I revel in that. I try to stay principled. I think that’s the only way to live.

So in my experiences lately of trying to function as both salt to the earth as well as light to the world, the call to faithfulness of every Christian, I have set about in my local community to confront lawless government.

That has led me to represent myself in Court as a citizen advocate. I have received injunctive relief against the City of Omaha because it implemented an illegal set of ordinances to license virtually everyone that does any work on real property. I am attempting to stop the City of Omaha from illegally appropriating tax money to the state-supported university.

Recently I have been watching the city of Fremont, NE try to drive the illegal aliens out of their city. It’s incipient xenophobia. Now, there is no doubt that illegal aliens crossing our borders is a problem. It is a problem of failed government. But what Fremont citizens are doing is truly the stuff of pitchforks and lanterns, as they have set about a licensing scheme of all rental real estate AND all renters. That’s right, license everything.

First, let me say that Fremont has always been a city dominated by Masonic elements and therefore has become the kind of community brought about by that secret society.

As far as I can tell, there isn’t a gospel-preaching church in the whole town.

It has failed to grow because it is run my local monopolistic interests. Sort of reminds me a bit of the town of Millard NE, annexed several years ago by Omaha, which is now looking a lot like a ghost town. A lot like Fremont. I wonder if there is a single Jewish family in the entire town.

I pretty much expect Fremonters to tell me: “We’ve handled the Jews, and we’ve handled the blacks, and we sure are going to handle these browns.”

Now here is the paradox in all this. Who do you suppose lined up behind this movement to license all rental real estate and all renters in the Fremont city limits? “Conservatives.” And of course, the expedient bunch of unprincipled politicos that adhere to “conservatives” like barnacles (or,maggots?) – the Republicans.

I have many Republican friends, though I have never been one. And I’m still a Bible Christian. Before I was saved, I was far, far more radical than my Democrat registration described. Of course, today Hubert Humphrey would be to the right of John Boehner, and George Bush, but leave that. I was a definite lefty. I met real communists. I also saw the Civil Rights Movement get hijacked by Sodomites, but I’m working on another article for that.

Anyway, I say all this to explain why it is I have come to my political conclusion on the state of American politics: I left the Democrat party over 35 years ago because they held wrong principles. I’ve never joined the Republicans because they have none.

Watching Republicans and conservatives parade and prate about what a wonderful thing they have achieved in Fremont – by seizing fundamental liberty away from every citizen in Fremont – is exactly the kind of thing I’ve come to expect from Republicans. Just as the Omaha Republicans seized on licensing nearly every man that works with his hands in Omaha.

Republicans stand no more for freedom that Democrats. They are both becoming more and more like Nazi parties. They will have brownshirts at our doors soon enough. In Omaha they have criminalized work. In Fremont, they have denied property owners an important right. The right to rent out your property without governmental permission. The right to rent a property without government permission.

I’m pretty sure I’m one of the only guys around that thinks that seizing liberty from the people is contrary to both Americanism and Christianity.

Even if it does serve the interests of local anti-christian xenophobia.

Jerusalem Old and New. - Comments (0)

Printer Friendly Category: Articles
Author: John Malone
Date: 11th February, 2014 @ 12:36:58 AM

Every time I look “over there,” at Israel, I see a nation out of whack. Israel just cannot find its place in this world, and it won’t until Messiah comes. Devout Jews agree with this.

When Messiah RETURNS – the Scriptures are clear that Messiah needed to suffer death – David will be running Jerusalem here on earth, but the economy of Jerusalem will be so massive that there will plenty of room for all of Abraham’s children, including a heavenly sphere where God’s heavenly people, those He is calling out today.

Just as Abraham looked for a city with permanence, so do I. And I sincerely hope so does everyone.

We Bible Christians do not lust after Jerusalem as do others because we know there is coming a heavenly city, the dimensions of which are closer to the size of the land promised to Abraham – from the Euphrates to the Nile – than to the tiny city on earth. This city, being pyramidical in its dimension – having as it does a 1,500 mile length, width, and height – will have plenty of room for God’s heavenly people. If it were not so, He would have told us.

There is a New Jerusalem, and it’s not the old Jerusalem. In fact, we anticipate, and we see,  the Jerusalem of today slide into a moral abyss. It will get worse. Yet we continue to pray for the peace of Jerusalem. even as we continue to watch it decline until the day it is spiritually called “Sodom” and “Egypt.”

The earthly Jerusalem belongs to God’s people Israel, the title deed is in the Scriptures. This is why I cannot understand Jewish people who reject the authority of the Scriptures, and yet hold to Zionism.

This is patently incompatible, as the horrors of the holocaust do not logically devolve into a title deed. “Holocausts” are the natural result of envious nations. The nations are envious of Israel’s first-born national status, which, today, has been set aside, together with the nation itself, by God Himself.

I have met many, many Jews who set aside the Scriptures as not written by God, and yet insist on holding out for Jerusalem as belonging to the nation of Israel. I recall one time I was allowed to speak briefly – very briefly – at a synagogue in town, after listening to a speaker carry on for about 20 minutes how it was that Moses did not write the Torah.

I asked him why he was pulling the title deed away from Israel for the land, and the meeting ended on that controversy, the presiding Rabbi assuring me that not all Jews believe and teach such as what I heard.

I realize it is difficult for us Bible Christians to get an audience with sincere Jewish people about what the Scriptures say, but it helps when we agree that they ARE the Scriptures.

When we discover Jewish people looking forward to Messiah, our hearts are warmed knowing that they are not far from the kingdom of God, which, first and foremost, was and is prepared for God’s only first-born national son (Exodus 4:22).

It’s one of the great paradoxes in life that God is trying to get Christians to look forward to the return of the Messiah, knowing already Who He is, while at the same time He is trying to get the Jewish people to look backward to see Who He is.

There remains today, according to the Scriptures, a “remnant according to the election of grace” among the Jews, whose circumcision is of the heart . I sure hope to find them.

Thoughts of an American Christian. - Comments (0)

Printer Friendly Category: Applied,Articles
Author: John Malone
Date: 10th February, 2014 @ 04:29:15 AM

Hebrews 11:13-16

These all died in faith, not having received the promises, but having seen them afar off, and were persuaded of them, and embraced them, and confessed that they were strangers and pilgrims on the earth. 

For they that say such things declare plainly that they seek a country. 

And truly, if they had been mindful of that country from whence they came out, they might have had opportunity to have returned. 

But now they desire a better country, that is, an heavenly:wherefore God is not ashamed to be called their God:for he hath prepared for them a city.

Maybe some of you are with me when I wonder what is happening to our country’s middle class.

Let me give you my conclusion up-front. It’s being exported overseas.

America’s middle class is now our chief export, and the growth of that class abroad has been fueled by the so-called “quantitative easing” that has had our government funding foreign bank commitments with at the very least $6 Trillion of our debt.

Many have this number closer to $30 Trillion.

How did this happen? Well, it had to do with commoditizing the American lifestyle. First and foremost that means you own your home. It’s the cornerstone of the marketed American dream.

I won’t bore you with the details of how US Housing was monetized into quasi-government-secured securities that were largely held by sovereign national funds, but I will tell you that when that market exploded and was exposed for the near-ponzi scheme that it was, our government ponied up to those other governments, and secured their interest at our expense. Not only did our government guarantee those funds risk capital, but it guaranteed a 30-year interest rate that perhaps is double – potentially triple or quintuple – the average rate paid by our government.

And these actions were, to an extent, an effort to secure the retirements of EU government workers in countries that might have GDP’s of $100,000 per capita.

(You see, it’s an expensive proposition these days to stay in the middle class that has been enjoyed for nearly two generations in America and Europe. Very expensive indeed when you consider that the businesses that created such a class – and the expectations that go with it – are heavily either closed down, or in trouble. General Motors. AT&T (not the name, the company!). Most railroads. IBM. Digital Equipment Corporation. Amoco (Standard Oil). The automotive industry, the aircraft industry. Steel. Rubber.)

Those huge funds are being paid according to their holdings despite a worldwide decline in interest rates, giving these bond holdings at high interest enormous returns.

Yes, friends, all that debt has to go somewhere, and once you’re thoroughly convinced you aren’t seeing it spent on “shovel-ready” infrastructure projects, you’re ready to realize that it’s not going here, in our country.

Meanwhile, the story that’s NOT being told, is that while America’s middle-class promise is collapsing around my children, and my grandchildren, it is booming in the developing world, the only place in the world where you can readily consider a worthwhile project, and it adds up to a profit.

If you want to see where our middle class went, it’s overseas. What that does to the middle-class here at home is pins a new, disappointed dependent class upon them.

My advice to young fellows starting out today, is look overseas for the resources that went away, and bring them back. Figure it out how. It’s not that hard.

I’m glad I, like those who have gone before me, am looking for a heavenly country, and a heavenly city.