At Steel on Steel, we look at economics, politics, and religion from a worldview perspective. When looking at law and the financial markets, one needs to include both political and religious analysis for a more complete picture. Joining us today is Richard Reinsch (lawliberty.org), Editor of Law & Liberty. Many on the Left say that capitalist markets have failed and need government intervention to survive. They inject their own subjective morality onto law and the markets to justify that change. But history will tell us that the free markets and the system of law that we established in the West came about as a result of the application of Biblical principles. That's why our laws have been fair and our markets have been free.
Sometimes you have to choose the lesser of two evils. In this week's boralogue, John looks at the devil's choice: stay isolated and probably kill the economy or ramp up the economy and most likely extend the virus. There needs to be a threading of the needle and our leaders should put aside the urge to behave like bureaucrats and act prudently during this crisis. And it's up to us to pray for wisdom for those leaders.
The plight of persecuted Christians very rarely gets air time in worldwide media, especially so now that we're dealing with Covid-19. Stephen Rasche (www.chaldeanchurcherbil.org), Vice Chancellor at the Catholic University in Erbil, Iraq, joins us to give a clear understanding of how Christians are faring in Iraq and the Middle East.
John and Carol join forces to analyze today's new economic and political paradigm. Things are changing where it concerns politicos' behavior in government, the validity of buying gold and silver, and how headlines and perception fuel the market's engine more than profit statements.
Inevitably, for good or bad, politics seeps into a crisis. Kelly Sadler (www.a1apac.org), Director of Policy and Communications for President Trump's re-election campaign, examines the relief bill, attacks on the President, and helping out businesses during this rough time.
We close out the show this week with disaster and preparedness expert Dr. Paul Williams (www.whenallplansfail.com), who stresses the importance of being calm in an emergency, eating healthy to stave off sickness, and the power of prayer in every situation.
John's quote of the week:
"You're watching happen now what would happen if we implemented all of the designs that we've heard proposed in terms of taxes and carbon credits and the reduction of industry in order to stop man-made global warming. There's no way the economy worldwide can even think about this for the next five or ten years as it climbs out of this mess."
On this week's extra segment, we play a triple feature of noted doctor and preparedness expert Paul Williams. From 2010 after flooding in Nashville, from 2012 following Hurricane Sandy, and from 2014 in the middle of the Ebola outbreak, Dr. Williams gives good advice on how to prepare for emergencies.