Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts

Thursday, November 29, 2018

King Solomon, All States Like Illinois Debt Folly


Interested in latest discloser on why all States like Illinois taxpayers may pay up to 22 percent higher costs for purchased services?

Saturday, October 22, 2016

King Solomon, USA Repeat Performance of Folly? Post Two

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Will unfair USA taxation help replicate the history of failed nations?
In a previous post, I stated I will compare King Solomon’s Domestic Policies to USA present policies. This second post will relate how unfair taxes contributed to the richer northern Israel provinces from the poorer southern providences.
In my opinion it is similar to the present resentment of the USA one percenters vs. the middle class and poor presently taking place in todays USA political presidential politics.
Comparison of King Solomon’s Domestic Policy to USA   
Excerpt
Moreover, Solomon’s taxation of ‘all Israel’ starts to look decidedly dodgy when we note that he appeared to be taxing only the northern territory of the kingdom, whilst giving the southern area of Judah agenerous tax ‘break’ (1 Kings 4.19b). Given the huge extent of provisions each territory was supposed to supply for the royal larder, one can imagine that the exemption of Solomon’s own southern homeland from this burden would have caused a considerable amount of resentful mutterings among his northern subjects. [A rather similar scenario took place in Scotland in the 1980s.]
USA Comparison of  ‘generous tax ‘break,’  and ‘resentful mutterings’
High-income Americans pay most income taxes, but enough to be fair? HERE
45% of Americans pay no federal income tax. HERE
In My Opinion
When you compare Clinton to Trump political arguments, I believe the ‘mutterings’ of both potential Presidential leadership candidates statements and questions about taxes being unjust and unfair are valid.
Is it not unjust and unfair that 45 percent of Americans do not pay any taxes while  only 2.7 percent pay 51.7 percent of Federal Taxes?
However, it is also not unjust and unfair that there is such a huge division of wealth in the USA?
Is, or was unfair leadership and taxation the core issue of the present ‘mutterings’ that is now dividing Americans and other nations in a similar manner that split up ancient Israel after the death of King Solomon?
What did wise King Solomon have to say about taxation and leadership?
King Solomon 
“A ruler must also remain righteous and make prudent decisions to prevent ruin of his country. Gifts or bribes will not persuade him to obtain political compromise without justice. By ruling with justice, a king will keep his country stable.” It is by justice that a king makes a country stable, but one who levies taxes makes a ruin of it. (Proverb 29:4)
In My Next Post
I will compare King Solomon’s Domestic Policy in regard to King Solomon’s use of slaves and how the issue relates to the USA slavery in the past, present and future.
Regards and goodwill blogging.
Previous Related Posts
Post One HERE
Wage Justice in USA HERE
Sinking Ship HERE

Wednesday, October 19, 2016

King Solomon, USA Repeat Performance of Folly? Part One

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Is the USA on a path to replicate the history of past failed nations?
In a previous post, I referred to a blogger’s post,  Solomon as a Political Leader, and challenged readers to  compare Solomon’s reign to our present election issues.  In this series of posts, I will relate segments of the bloggers post to current USA events and compare political policies.
King Solomon on the Future 
Since no one knows the future, who can tell someone else what is to come? (Ecclesiastes 8:7)
However, history has been known to repeat over time. You decide if the USA is repeating the same follies as recorded in history and whether or not the USA will also fail as a nation after reading this post.
Why Study History? Past and Present.
The purpose of historical inquiry is not simply to present facts but to search for an interpretation of the past.  It is commonly acknowledged that an understanding of the past is fundamental to an understanding of the present.
Comparison of King Solomon’s to USA  Economic Policies  
Excerpt King Solomon’s 
However, there are also hints in the text that strongly allude to some glaring inadequacies in Solomon’s economic expertise. For example, 1 Kings 9.11 mentions Solomon ceding 20 cities in Galilee to King Hiram as payment for timber and gold imported from Tyre. Such a payment method implies that Solomon’s state treasury had a serious fiscal deficit, despite all the alleged wealth accrued through international trade and tribute.” 
King Solomon on Debt
Do not make a habit of striking hands, of going surety for debts. If you have no resources to settle them, why should your bed be taken from under you! (Proverbs 22:25, 26)
USA Comparison of  ‘Serious Fiscal Deficit’ of Tribute (Taxes)
USA current National Debt is approaching $20 Trillion.
This years 2016 Deficit is $687 Billion, a 34 percent increase from last year.
USA –  Comparison of  ‘ceding 20 cities’ and ‘international trade.’
USA cities are not being ceded to our debtors (yet) same as King Solomon ceded Israel cities to  pay his debt. However, USA farmland, real estate, and businesses are being bought up in a fire sale by foreign interests because of President Obama, and the Hillary Clinton’s belief in open borders and globalism.
If interested, read these two previous posts about USA international trade agreements are ceding US assets to foreign interests.
King Solomon, Globalism and Millennials, Clinton or Trump? HERE  
King Solomon, Rare Wealth, Fair Trade, Post Fifteen HERE
In My Next Post
I will compare King Solomon’s past Domestic Policies to present USA policies.
Regards and goodwill blogging.
Sources
Solomon as a Political Leader HERE
Why Study History HERE

Tuesday, October 18, 2016

King Solomon, Trump or Clinton , Which One’s Political Policies Will…….

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bring about the same political results to the USA as King Solomon’s did to Israel?
King Solomon
What has been will be again,
what has been done will be done again;
there is nothing new under the sun. (Ecclesiastes 1:9)
In My Opinion
All we have to do is read or listen to the news about the USA election and compare the circumstances of 3000 years ago and the truth of Solomon’s above statement is substantiated.
I challenge you to read this article and compare Solomon’s reign to today’s election issues and decide if you agree. I only hope and pray that the same results will not be the same.
As you read the article, I also challenge you to identify current political ideologies and terminologies we now use such as statists, secularism, conservatism, liberalism, intellectualism, elitism, etc.
Solomon as a Political Leader HERE
Near the end of his life he wrote his Ecclesiastes after he realized how he wasted his life chasing after the wind.
When will we wise up and stop repeating the follies of past generations?  We can start by following the advice in the Conclusion of Ecclesiastes.   

The Conclusion of the Matter (Chapter 12)

Not only was the Teacher wise, but he also imparted knowledge to the people. He pondered and searched out and set in order many proverbs.10 The Teacher searched to find just the right words, and what he wrote was upright and true.
11 The words of the wise are like goads, their collected sayings like firmly embedded nails—given by one shepherd.[b] 12 Be warned, my son, of anything in addition to them.
Of making many books there is no end, and much study wearies the body.
13 Now all has been heard;
here is the conclusion of the matter:
Fear God and keep his commandments,
for this is the duty of all mankind.
14 For God will bring every deed into judgment,
including every hidden thing,
whether it is good or evil. 
Regards and goodwill blogging.

Saturday, September 17, 2016

King Solomon, Wealth, Covertness, Fairness Post One

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I can’t get no satisfaction. 

Did you know the Metro Chicago’s median income rose 2.6% this year to $63,153?Why are people complaining about the economy? How much does a person need in order to be satisfied with a livable wage income?

Thursday, July 7, 2016

King Solomon, Greatest Surety (u/d)



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 What surety would you hate to lose the most? However, in order to obtain a loan to live, you agree to risk your greatest valued possession.



Saturday, July 26, 2014

King Solomon on Surety (ud)


There  are many proverbs of King Solomon about the folly of excessive borrowing   It is what too many of us do with credit cards in our modern world.

Wednesday, February 26, 2014

King Solomon’s Motivational Work Organ

 

We read or hear numerous opinions in the news about Unemployment Compensation Term Limits and Government Social Plans and Programs to motivate unemployed people to find jobs and work to feed themselves and their families. This same problem has existed throughout history because there are limited resources of farmland, or needs for people that once had a great job paying job that has disappeared for numerous reasons. Whether this exists because of poor government leadership and planning in another topic of opinion.
King Solomon knew about a human organ to motivate people to find work even when the only available work was a lower paying or menial job, or be motivated to strive to better their circumstances. In a novel excerpt, King Solomon reveals this motivational organ to the Queen of Sheba. The novel is a contemporary application of a story form to promote understanding of proverbs and ancient wise sayings in relation to our modern times.

Saturday, February 15, 2014

King Solomon’s Greatest Surety

 

There are many story legends about the relationship of King Solomon and the Queen of Sheba. There are also many proverbs of King Solomon’s views on how foolish it is to take on excessive debt and wind up losing the surety the borrower pledges for a loan or credit. In ancient times, there was no relief of declaring bankruptcy and a borrower could even wind up becoming a slave to the lender to pay back debt. In modern times, high interest results in essence to make a foolish credit spender become a slave of sorts to the lender when the high interest results in him or her never being able to pay back the principle. In a novel excerpt, I surmise how Solomon felt about taking a vow to his God to appease the legendary agreement made between them. The novel is a contemporary application of a story form to promote understanding of proverbs and ancient wise sayings in relation to our modern times.