Don’t Kill CDO’s

I’ll be on the Kudlow Report at 7 p.m. talking about collateralized debt obligations (CDO’s). My crib sheet: There is very clear case for CDOs: the most obvious is that they are now an important vehicle for loans to medium-sized business at a time when the banks have reduced their loan . . . . Continue Reading »

Not So Easy to Identify an Evangelical

The Evangelical magazine Christianity Today reports on the latest event to highlight the divisions in Evangelicalism. In Piper, Warren, and the Perils of Movement Building , Collin Hansen reports that John Piper, a leader of the overtly Reformed or Calvinist movement, invited Rick Warren, a leader . . . . Continue Reading »

Take That, Iconoclasts!

So it seems there’s new evidence that links the appearance of artwork—at least in its Paleolithic forms—with religious belief, rather than just the need to adorn the cave should company drop by and start making smart remarks. “This theory does not originate with the . . . . Continue Reading »

Cambodia’s Horror, and China’s

A reminder of a great evil, which began thirty-five years ago, in Lest We Forget: April 17, 1975 , by Var Hong Ashe. Just a few hours after the Khmer Rouge marched into Phnom Penh, our misery started. The Khmer Rouge ordered us to leave the city “for three hours only” and to carry nothing . . . . Continue Reading »

Ending oppression?

This morning’s Hamilton Spectator carries the happy news that another form of oppression is about to be lifted across the pond: EU: Vacations are a right, not a luxury. I last travelled overseas in 2006. Because I have reason to believe I can claim European citizenship (through Cyprus and/or . . . . Continue Reading »