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Affluent Christian Investor | October 22, 2017

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Posts ByRalph J. Benko, Author at Affluent Christian Investor

March 28, 2017 |

Trump’s Promise To Totally Destroy The ‘Johnson Amendment’ Is A Good One

President Trump, at the National Prayer Breakfast, attracted some media coverage with his declaration that he would fulfill his campaign promise to “totally destroy” the Johnson Amendment. That is a provision of the tax code prohibiting religious bodies and … Read More

January 10, 2017 |

The MSM Turned Election 2016 Into An Endless Series Of Imaginary Hobgoblins

This election cycle has provided much demonizing of the major party candidates. Much anxiety stalked the land, or at least the mainstream media. Some of this anxiety fixated on fragility of the perceived legitimacy of the victor in the … Read More

December 23, 2016 |

Use Tough Love To Win The Millennials

The Millennial Vote was treated like a Magical Unicorn in the 2016 election. It is seen as something valuable and mysterious. As Dan Schwabel, at Quartz, in a piece modestly entitled The complete guide to winning the millennial vote this … Read More

December 21, 2016 |

Trump White House Strategist Bannon, Judeo-Christian Champion: “This Is a Revolution”

The progressive elites and the mainstream media expended massive black ink, hot air, and billions of scarce pixels defaming Trump campaign CEO, now White House strategist, Steve Bannon. A fascinating presentation to a 2014 Vatican gathering puts Bannon in an … Read More

December 15, 2016 |

The Real Enemy Is Stagnation

Marx wrote: “all the events and personalities of great importance in world history occur, as it were, twice… the first time as tragedy, the second as farce.” Karl, not Groucho, Marx.

We entered the realm of farce.

The voters rejected … Read More

December 14, 2016 |

Mr. Trump, Heed The Lesson Jimmy Carter Never Learned

In my previous column I observed here how the 2016 race reflects American conditions in the late 1970s — also stagnant — and how the political elites are echoing President Jimmy Carter’s feckless reaction in his notorious July 15, 1979 address … Read More

December 5, 2016 |

Helping a Liberal Professor Understand Why the Working Poor Joined the Tea Party

Berkeley Professor Emerita Arlie Russell Hochschild’s newly published Strangers In Their Own Land: Anger And Mourning On The American Right is an important book and a delight. It’s a sociological – almost anthropological – foray into the minds, hearts, and … Read More

November 28, 2016 |

What ‘JFK And The Reagan Revolution’ Reveals About Trump

Remember prosperity? Want it back? Here’s the secret formula, which has always worked and would work again: Cut marginal tax rates and restore integrity to the dollar.

Donald Trump is campaigning on meaningful marginal tax rate cuts and implying, with … Read More

November 7, 2016 |

The Left’s Fed Up Makes A Naked Power Grab For Control Of The Fed

The left is undertaking an amazing back door plan to dramatically increase its influence over the Fed’s interest-rate-setting Open Market Committee.

The key activist group, a division of the Center for Popular Democracy, is working to kick the bankers off … Read More

October 31, 2016 |

Clinton’s Campaign Of Firepower Is Losing The 2016 Election Against Trump’s Guerrilla Tactics

Much to the incredulity of the elite political class, Donald Trump is rapidly closing the gap and even surpassing Hillary Clinton. This extends to the critical electoral college swing states. Trump can stumble. Hillary could reboot and change the calculus.  … Read More

October 26, 2016 |

The Best Hope For Restoring The American Dream Now Lives In The US Senate

Who will conjure the American Dream back for us?

Politics is part prestidigitation, part reality. A great magician distracts her audience’s attention while producing the payoff. Abracadabra!

Want to see how it’s done? Focus on the hidden hand.

In this … Read More

October 17, 2016 |

How A Clinton Victory Would Powerfully Unite The Right

In a previous column I considered how the coalition that is the Vast Right Wing Conspiracy began to fray after losing the common enemy against which it had united:

In 1988, as reported by the LA Times, one of President … Read More

September 30, 2016 |

Memo to Donald Trump: The Gold Standard Will Guarantee 4 Percent Growth

In calling for 4 percent growth, Donald Trump hit a home run.

He has the right instincts. If he follows them he can turn this home run into a grand slam.

When Jeb Bush declared his candidacy, he did it in … Read More

September 22, 2016 |

How This Election Will Reunite the Right, One Way Or Another

The most enduring cliché of every presidential election is that it is the most important in history. The nominees proclaim this because, for them, this is certainly true. They also hope it will motivate their base to vote.

That said, … Read More

September 19, 2016 |

Would Donald Trump Or Hillary Clinton Make The More Effective Executive?

French soldiers in Lalain France, in 1794, reported a Rain of Toads. The 2016 presidential race makes one nostalgic for such relative normality. Underneath the media’s current Rain of Toads this election turns on the question of whether Trump or … Read More

September 13, 2016 |

What I Learned About Economics When I Met Mother Theresa

My close encounter with Mother Teresa was a chance one, in 1979. This chance encounter taught me everything I know about good macroeconomic policy.

I, a young law student, was standing on 41st Street, by the Port Authority bus terminal … Read More

September 7, 2016 |

God Bless America: Donald Trump, Presbyterian, Vs. Hillary Clinton, Methodist

Too little noted, Protestant America has managed to nominate two Protestant candidates for president.  As Clausewitz famously observed, “war is simply a continuation of political intercourse, with the addition of other means.” My corollary, from which most Americans might prefer … Read More

August 5, 2016 |

Picking Mike Pence Was A Grand Slam For Donald Trump

Mike Pence? Full disclosure: I served as head of the Super PAC seeking to draft Pence into the 2012 presidential race. Having long been persuaded of Pence’s superior leadership qualities, I’m even less objective than usual.

We called Pence “The … Read More

August 2, 2016 |

Speaker Paul Ryan And Chairman Kevin Brady Produce A Tax Blueprint To Make America Great Again

Late last month, barely reported by the media amid all the general political static, something really amazing happened. House Ways and Means Chairman Kevin Brady released a truly great tax reform plan. Meanwhile, last week:

Trump visited with House … Read More

July 26, 2016 |

Only A Supply-Side Economy Can Afford a Social Safety Net for the Poor

Are good Middle Class jobs an endangered species? If so is the solution to that for the taxpayers to send almost everyone $10,000/year tax free?

As described in my accompanying column Andy Stern’s new Raising The Floor is the best … Read More

June 30, 2016 |

To Avoid Another Orlando Let All Gun Owners Join A Well Regulated Militia Like The National Guard

Politicos and activists are appropriating the ghastly Orlando Massacre for political and policy purposes. It would be better if we could pause and mourn the victims before engaging in a policy debate. But if we are to have a policy debate, … Read More

June 29, 2016 |

Donald Trump As Peter Pan: The Power Of The Elemental

On May 20, 2016, Politico’s Steven Shepard explored Why Donald Trump’s poll numbers are surging:

“The main reason for Trump’s surge over the past few weeks? He is earning increasingly larger shares of the Republican vote….”

Shepard provides a meticulous … Read More

June 21, 2016 |

Donald Trump, The Gold Standard, Maynard Keynes, And Our Madmen In Authority

June 5th was the anniversary of the birth of John Maynard Keynes, once upon a time the great foe of the gold standard. Saturday also, coincidentally, happens to be the anniversary of the date celebrated of FDR’s “taking America off … Read More

June 20, 2016 |

Bloomberg News, Calling Gold “Everyone’s Favorite Standard,” Gives A Pulitzer-Worthy Scoop

Campaign poster for Republican presidential candidate William McKinley, 1900.

A report by Michelle Jamrisko in Bloomberg News on May 17th, headlined “Make America Gold Again: Calls for Everyone’s Favorite Standard Are Back,” suggests that the headline may have outrun its pass coverage. … Read More

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