Friday Five April 6

On this Easter weekend, I’m reminded again of the sacrifice that Christ endured for every person on this earth to satisfy a Holy God’s requirement that sin be punished. Cruxifiction is a particularly painful and slow process of death. The process is so painful that a word had to be created to describe the pain – excruciating – meaning “out of cruxifiction” or “out of torment”. The focus on Good Friday is the pain and death of Christ – the substitutionary atonement for us all who deserve to be separated from God for eternity. The point is that because of His deep love for each of us individually, Christ voluntarily took on Himself the wrath of God and God’s full punishment so that we would not need to endure it. Instead, we could accept His forgiveness because He is the only one who can give such forgiveness to us and then become regenerated, or “alive”, in Christ. He literally adopts us into His family and seals us for eternity in a relationship with God that cannot be broken. In the cross, not only do we see God’s full wrath against sin, we also see God’s full love for us. And here’s the deal: it is both free to you and me and yet it will cost us our lives. Will you accept this free gift today?

As a nation, we’re experiencing a long-term decline in interstate migration. The paper from the Minneapolis Federal Reserve proposes that the decline is due to two elements: 1) the growing lack of geographical specificity to jobs and the ability of people to research a geographical area into which they might move for a new job before taking that job. Both make sense to me – especially in light of the fact that the younger generations have an equal appetite for quality of life as well as career advancement.

On another note, Narayana Kocherlakota, President of the Minneapolis Fed, offers a model on why there are limits to what monetary policy can achieve in the Fed’s quest to fulfill their mandate of ensuring there is “full employment” in the market. It’s an interesting read and I agree with Geithner that we need to keep the Fed from being politicized.

This coming week, I’m taking a few days off to attend the NRA Convention in St. Louis. Since I’m in process to become an NRA Pistol Instructor (along with other courses, such as Home Defense and Personal Protection Outside the Home), it’s good to get around the crew for a few days. I’m looking forward to hearing the speeches and seeing what’s new in hardware in the firearms and accessories exhibits. Many think that the NRA is an arm of the Republican party – but this is not true. If you ever look at their election guide, you’ll find that Democrats are well endorsed by the NRA – mainly due to the fact that the pro-gun issue crosses party lines, especially in rural areas.

Finally, the Washington Post asserts that you can’t cut spending without cutting spending. What is amazing is that we have to state the obvious as if it’s important.

Bill English, CEO