With interest rates poised to rise and Europe ascending, the percentage of global money managers who are underweight American equities is the highest since 2008, a survey by Bank of America Corp. shows. At the same time, clients of exchange-traded funds have pulled about $14 billion from U.S. equities this quarter and added $29 billion to international stocks, data compiled by Bloomberg show.
Two years ago Chick-fil-A made national headlines when company president Dan Cathy spoke out in support of traditional marriage. Liberals and gays came unglued and launched massive protests against the restaurant chain. Several mayors spoke out saying they would not allow any more Chick-fil-As to be built in their cities.
They tried boycotting the Christian owned company, but that backfired. Instead, Chick-fil-A had a world record day with many locations selling out of food to the hundreds of thousands of supporters. Is it any surprise that the only news the liberal mainstream media has reported concerning Chick-fil-A has only been the negative?
Remember last week when the ice storm hit the south? The mainstream media showed footage of miles of cars stranded on the frozen interstates. Several national news broadcasts that I saw reported about school kids trapped on busses for almost 24 hours because of all of the ice and parents going frantic wondering where their kids were.
In all of the icy gloom and doom, I bet you didn’t hear about the heroic and generous actions of a Chick-fil-A along Highway 280 in Birmingham, Alabama, did you?
Mark Meadows, owner of the Chick-fil-A closed early the day of the storm and sent all of his employees home. However, the employees and Meadows soon discovered that they were not going to be able to get home with all of the stranded motorists stuck on the roads. Some of the cars near the restaurant had been stranded for up to 7 hours.
Meadows and his employees fired up the kitchen and began preparing chicken sandwiches as fast as they could. They prepared several hundred sandwiches and then Meadows and his staff headed out and began distributing the hot meals to the stranded motorists on both sides of Highway 280.
Some of the drivers tried to pay them for the sandwiches, but Meadows and his employees refused to take a single penny. Audrey Pitt, manager of the Chick-fil-A, explained why: “This company is based on taking care of people and loving people before you’re worried about money or profit. We were just trying to follow the model that we’ve all worked under for so long and the model that we’ve come to love. There was really nothing else we could have done but try to help people any way we could.”
However, Meadows and Pitt were not through with their Good Samaritan efforts. They helped push cars off the roads, up inclines and whatever else they could do to help. Then they kept the restaurant open overnight so that stranded motorists could have a warm place to be. A number of motorists slept in booths or on the benches.
Then in the morning, they again fired up the kitchen and prepared chicken biscuits for their overnight guests and once again they refused to accept any payment. During that 24 hour period, this Chick-fil-A restaurant opened their kitchen, their doors and their hearts to hundreds of stranded motorists and they did so refusing to accept any payment. As one source put it, Meadows and his staff lived up to the words Jesus spoke in Matthew 25:35 which states:
“For I was hungry, and you gave Me something to eat; I was thirsty, and you gave Me something to drink; I was a stranger, and you invited Me in…”
Their actions were truly generous and heroic as they also braved the frigid temperatures to hand out hundreds of hot meals to complete strangers. And I bet you never heard anything about this from the mainstream media. Their liberal bias and intolerance would never allow them to report on a Christian company doing something so positive for so many.
We need to support this and other Christian companies that are trying to spread the Good News of the Gospel through their daily work.
Saudi Arabia’s plans to expand local refineries while maintaining its share of the global crude market point to one thing: higher production.
France, Germany and Italy have all agreed to follow Britain's lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading western countries out of the new institution.
Workers fired from U.S. shale fields after the collapse in oil prices could soon have a new boss: the nation some blame for driving that decline.
French oil major Total is auctioning a stake in one of the UK's most promising natural gasfields, sounding out possible buyers in what could be the first of a wave of deals in the North Sea.
An oil train derailment and spill in northwest Illinois poses an "imminent and substantial danger" of contaminating the Mississippi River, the U.S. Environmental Protection Agency said Saturday. The government needs to stop all oil and chemicals being transported by rail. The rail system is just not safe enough to transport these products. Three train wrecks in three weeks is not a safe or environmentally way to transport these.
What has happened to all that share the wealth that the Obama Administration has been talking about. The other counties can not tax the wealthy countries like the US that has been sitting on all that oil, but they can impose sanctions on the wealthy. Maybe it is time for the other countries of the world to impose sanctions on the US and force them to share their wealth with the rest of the world. I do not know if the US can be ranked as the 1% of the world wealthy, but pretty close.
You would think that when some one is being interviewed on CNBC and the other people on the desk that is not interested in hearing what they have to say would turn off their microphone. I hate it when they are interviewing some one and hearing someone on the desk pounding on a key board or rustling through a newspaper. Turn off your microphones, please.