Feds Cut Interest Rates: Seniors Need to Re-Evaluate Investments

The Feds reduced interest rates this week by 0.25%. The rate reduction not only reduces repayments on variable rate loans; but also affects yields on investments.

Seniors are bing told to re-evaluate their investments to ensure they are yielding enough.  In the past retirees would take on more risk with their investments. This has paid off with the long term bullish market. However, economists are warning that when this gives out these yields will fall, and high risk portfolios will be at particular risk.

“The stock market has been hitting all-time highs, but the reason we’re facing lower interest rates is because the economy seems to be slowing down and we’re heading toward a recession,” said Leon LaBrecque, certified financial planner and chief growth officer at Sequoia Financial Group in Troy, Michigan.

Read More: CNBC

Pastor of Chinese Megachurch Imprisoned for Faith has More Charges Added

The continued clamp down on faith groups in China has seen the imprisonment of Pastor Wang Yi. He was arrested 7 months ago with his wife and around 100 members of his congregation. Pastor Wang Yi has now had more charges added, to the original charge of “inciting subversion”. His supporters believe this is because it is difficult to prove a charge of “inciting subversion”. The new charges include “illegal business activities”.

Most of the 100 members have already been released, along with Pastor Wang Yi’s wife. However, members of the church are under close surveillance from authorities.

Before his arrest Pastor Wang had released a letter denouncing the communist parties recent activities:

“I believe that this Communist regime’s persecution against the church is a greatly wicked, unlawful action. As a pastor of a Christian church, I must denounce this wickedness openly and severely,” the pastor wrote.

“The calling that I have received requires me to use non-violent methods to disobey those human laws that disobey the Bible and God. My Savior Christ also requires me to joyfully bear all costs for disobeying wicked laws.”

The Chinese government only allows protestant churches within its state approved Three-Self Patriotic Movement, which censors what can be preached. However recent years has seen new restrictions and clamp downs on both State approved and illegal churches.

China ranks 27 in the Open Doors World Watch List of persecuted countries.

Read More: The Christian Post

Boris Johnson to Become New Prime Minister of UK

Boris Johnson has won the race to take over the leadership of the Conservative Party, meaning that he will become the new Prime Minister of the UK.

The current PM, Theresa May resigned after her party’s dismal performance in the European Elections, and her failure to deliver on Brexit.

Johnson campaigned on his pro-Brexit credentials. Vowing to take Britain out of Europe by October 31st.

Read More: BBC

Library, Portland Oregon, Deletes Photo of Child Fondling Drag Queen During Story Hour

A library in Portland, Oregon, has deleted a photograph from Flickr which appeared to show a young child fondling the fake breasts of a drag queen during story hour. The photo showed  Anthony Hudson, aka “Carla Rossi.” lying on the floor laughing as young children buried themselves on him and fondled his fake breasts, however LifeSiteNews archived the photos.

The photos first came to the public’s attention after a Facebook user posted them saying, “I wouldn’t let my kids crawl on top of random strangers no matter how said strangers are dressed.”

Drag Queen story hours have become popular in libraries across the country. However, the safety of such events was called into question when it was discovered that the Drag Queen working in Houston Library system, had a conviction for sexual assault against an eight year old boy.

Read More: Breitbart

 

Fight in Supreme Court Over Border Wall Funding

The Trump administration have asked that the Supreme Court Stay a lower court order blocking the reallocation of Pentagon Funds to the building of the border wall.  The administration wants the ruling to be  put on hold whilst litigation is ongoing.

However a group of environmentalists and House Democrats have urged the Supreme Court to uphold the court order. Saying that, “If a stay is granted and wall construction begins, there will be no turning back”

Read More: Daily Caller

Satanic Temple on the Rise in Canada

The Satanic Temple has seen it’s numbers rise in recent years in Canada. Although there is only one official chapter in Ottawa, there are unofficial meetings emerging throughout the country.

Many of the new members are former Roman Catholics. The organisation says they do not “worship Satan”. However, events see attendees proclaiming, “Hail Satan!” and performing Black Masses, as well as unbaptisms.

The organisation sees its vision to advance the separation of church and state. The Satanic Temple’s literature describes their vision as: “the communication and motivation of politically aware Satanists, secularists and advocates for individual liberty.”

Read More: Global News

U.S. Senator Seeks Probe into Russian “FaceApp” Due to Security Concerns

FaceApp is currently the most popular app in Google Plays store. The app allows users to edit their photos to make themselves appear older or younger. There are more than 100 million users after celebrities posted pictures, which used the app, on social media went viral.  However the app has raised concerns over user privacy.

Senate Minority Leader Chuck Schumer called for the FBI and the FTC, the US consumer protection body, to “look into the national security & privacy risks” The Russian developed app uploads users photos to their own servers raising questions as to the use the company could make to the vast amounts of data they are amassing.

“FaceApp’s location in Russia raises questions regarding how and when the company provides access to the data of U.S. citizens to third parties, including potentially foreign governments,” the New York senator said in a letter to the FBI.

“It would be deeply troubling if the sensitive personal information of US citizens was provided to a hostile foreign power actively engaged in cyber hostilities against the United States,” he added.

Read More: France 24

Things have gotten so bad in Congress that a priest prayed to ‘cast out all spirits of darkness’ on the House floor

WASHINGTON — It has been quite the week in Congress, with lawmakers battling over a forced impeachment resolution for President Donald Trump, partisan squabbling, and rampant infighting within the House Democratic Caucus.

Things have become so vexed in the Capitol that Rev. Patrick Conroy, the House of Representatives’ official chaplain and a Jesuit priest, prayed to “cast out all spirits of darkness” on the House floor Thursday morning during his opening prayer.

Read more:‘I abandon the chair’: A congressman presiding over the House got sick of partisan fighting and literally dropped the gavel and left

“This has been a difficult and contentious week in which darker spirits seem to have been at play in the people’s House,” Conroy said. “In your most holy name, I now cast out all spirits of darkness from this chamber. Spirits not from You.”

“I cast out the spirit of discouragement, which deadens the hope of those who are of good will,” he added. “I cast out the spirit of petty divisiveness, which clouds the sense and the desire to be of fruitful productivity in addressing the issues more appropriately before this House. I cast out any sadness brought on by the frustration of dealing with matters detrimental to the honorable work each member has been called to engage in.”

Conroy then prayed to God to “anoint your servants here in the House with a healing balm to comfort and renew the souls of all in this assembly.”

“May your spirit of wisdom and patience descend upon all so that any spirit of darkness might have no place in our midst,” he added.

Conroy typically leads the opening prayer on the House floor, while leaders of other religious groups will often take his place to perform as guests.

Read more: Reliable, friendly, and masters of one-way communication: Meet the dog mayors of America

The last time Conroy made headlines was in the spring of 2018, when then-House Speaker Paul Ryan attempted to fire him as House chaplain. According to several lawmakers at the time, Ryan became frustrated with one of Conroy’s prayers in which he called for a fair tax code while Republicans were pushing through their landmark Tax Cuts and Jobs Act.

Conroy ultimately rescinded the resignation that Ryan had requested after many members of Congress came to his defense. He then continued in his role as House chaplain, a position he has held since 2011.

 

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