I posted this video back in July, but I think it warrants a re-post, given today's troubling economic news: the nation's unemployment rate rose to 10.2% in October, the first time in 26 years that it has been above 10%. Economists had forecast an unemployment rate of 9.9%, so the figure released today was worse than expected. Moreover:Prior to this report, most economists had believed that the unemployment rate would keep rising and that job losses would continue into next year. But the jump in unemployment in October took it to levels worse than what many previously had expected to be the … [Read more...] about New Unemployment Rate: 10.2%
Archives for November 2009
CA Borrowing Our Money Without Interest
The cash-strapped state of CA has decided to "borrow" a chunk of our money, without interest. Shouldn't this be illegal? Time value of money? The LA Times reports:Starting Sunday (November 1), cash-strapped California will dig deeper into the pocketbooks of wage earners -- holding back 10% more than it already does in state income taxes just as the biggest shopping season of the year kicks into gear. Technically, it's not a tax increase, even though it may feel like one when your next paycheck arrives. As part of a bundle of budget patches adopted in the summer, the state is taking more … [Read more...] about CA Borrowing Our Money Without Interest
The Marriage Index: Establishing and Tracking Leading Marriage Indicators
The Institute for American Values and the National Center on African American Marriages and Parenting have partnered to establish The Marriage Index, a metric designed to measure the health of American marriages (not unlike how the Leading Economic Index put out by The Conference Board watches economic trends. Dr. Albert Mohler explains:The Marriage Index is based on solid data and includes five major components: the percentage of adults ages 20-54 who are married, the percentage of married persons who are "very happy" with their marriage, the percentage of first marriages that are intact, … [Read more...] about The Marriage Index: Establishing and Tracking Leading Marriage Indicators
Interview – Tim Keller – The Reason For God
Michael Horton interviews pastor Tim Keller about his NY Times best selling book The Reason For God. It is a fascinating 35-minute conversation in which Keller talks about why the world is getting both more religious and less religious (depending on which group you are looking at). Keller helpfully balances the importance of doctrinal and theological seriousness and contextualization (engaging the culture, but not in a shallow, sentimental fashion). Also addressed is the first chapter of … [Read more...] about Interview – Tim Keller – The Reason For God
Planned Parenthood Director Resigns
Abby Johnson, 29, was a Planned Parenthood Director in Bryan, Texas. After witnessing an abortion while watching the baby die on an ultrasound screen, Johnson resigned her position and started volunteering for Coalition for Life, a pro-life group located just a block away from the Planned Parenthood clinic where she worked for eight years. Watch a two-minute local news report with Ms. Johnson. HT: Jennifer Masko Update: Mike Huckabee conducts an 8-minute interview with Abby Johnson. … [Read more...] about Planned Parenthood Director Resigns
LA Judge Who Refused Interracial Marriage Resigns
CNN: A Louisiana justice of the peace who drew criticism for refusing to issue a marriage license to an interracial couple has resigned, the secretary of state's office said Tuesday. Keith Bardwell, a justice of the peace for Tangipahoa Parish's 8th Ward, was widely criticized after he refused to grant a marriage license to Beth McKay and Terence McKay, an interracial couple who ultimately got a marriage license from another justice of the peace in the same parish.Read the whole thing. … [Read more...] about LA Judge Who Refused Interracial Marriage Resigns