World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Date: May 8, 2018

The Average American Works More Than A Medieval Peasant

WEB Notes: It is no secret today’s society is all work and little play, at least for those who actually work. If you continue reading the article at the source they state in 2015 the average American worker put in 1,811 hours annually. That peasant from the 13th century only put in 1,620 hours. Think about that. Then all of you who work a straight 40, that amounts to 2,080 hours annually. I would love to see another article comparing taxes.

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95,745,000: Record Number Not in Labor Force as Boomers Retire

WEB Notes: Blame it on the Boomers. I like CNS, but they have too much bias here. During the Obama years we never heard of any excuses for the record setting labor force participation. But we get it today even though the Boomers have been retiring for 7 years now…

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Trump Poised To Ignore Warnings And Scrap Iran Deal

President Trump is expected to scrap the nuclear deal with Iran today despite last-ditch attempts by Boris Johnson to persuade him of its merits.

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Rand Paul: Congress Moves to Give the President Unlimited War Powers

WEB Notes: Rand Paul goes on to say, “Under this bill, Congress could only disapprove of war, turning the Constitution on its head“. Unless they make a change to the Constitution, their new bill is null and void. Why is it so hard for people to understand nothing supersedes the Constitution? Too many years of conditioning I suppose. This all sounds like a good way to push for war with Iran.

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Bank of Canada: 8% of Canadian Households Owe More Than 20% of the $2.1 Trillion in Debt

Canadian real estate debt hit a new high, and the news gets worse as they explain it further. The Bank of Canada (BoC) updated household debt numbers for March. In a speech this week, BoC’s Governor Stephen Poloz also gave further insights on the numbers. The record debt levels are concentrated in a smaller segment of Canadians.

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Paraguay Becomes Third Country To Plan Embassy Move To Jerusalem

WEB Notes: The road signs are already being installed for the US Embassy move/opening in Jerusalem which is scheduled for May 14th. This will mark Israeli’s 70th anniversary.

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