May 15, 2024

Meme Stock, Gay Couple Seeks Fertility Inclusion, DEI Defunded


May 15, 2024

Truth, like the sun, submits to be obscured; but, like the sun, only for a time.

Thomas Cromwell

Meme Stock Resurgence

Keith Gill, known as "Roaring Kitty," made a return to social media after years of dormancy, sparking a surge in meme stocks like GameStop, AMC, Plug Power, BlackBerry, and Koss. His post, devoid of stock mentions, prompted GameStop's stock to double and gain 74% in one day, with further increases seen the next day. This resurgence highlights the enduring influence of "degen" trading among amateur investors, characterized by a disregard for fundamentals and a focus on potential quick profits. While some anticipate further gains, others are wary of the volatility and potential losses associated with meme stock trading.

Oswald Sanders, in his classic book Spiritual Leadership, rightly observed that "leadership is influence," and for better or worse, when it comes to meme stocks, Keith Gill is a leader. As one investor in yesterday's WSJ article commented on GME (Game Stop stock), "is either going to go all the way back to where it ran to in 2021, or be worthless again." 

People who invest in eternal things have no such concern (Matthew 6:20, Colossians 3:4). Following God's will instead of Keith Gill is always a safe bet (Joshua 1:8). To be sure, many people made significant returns on their investments in 2021 when they pulled together to drive the price of shares of companies like Game Stop and AMC "to the moon" simply because they all agreed to buy them. Traditional Wall Street investors who had shorted those companies lost billions (Proverbs 23:3-4).

Meme stocks are a good illustration of our world, where many things hold great temporal value simply because temporal people choose to value them even though they don't hold any real value. Wise men value that which lasts (Matthew 16:26) and understand the dangers of falling in love with the world and its ways (Proverbs 14:12; 1 Corinthians 15:33, 1 John 2:15-16).

As people jump on social media and Reddit pages today to look for advice, financial and spiritual, let's pray they run into members of the Remnant who influence them to follow the Living Christ (Matthew 4:19) and not the latest craze (James 4:13-16). 

My guaranteed investment advice: Follow the Lion of Judah, not the roaring kitty

By: Todd Wagner

Inclusion in Fertility Law

A former New York assistant district attorney and his husband filed a class-action lawsuit against New York City, Mayor Eric Adams, former mayor Bill de Blasio, and other city leaders, alleging discrimination against same-sex male couples in the city's infertility definition. Corey Briskin and Nicholas Maggipinto argue that the current definition, which excludes IVF coverage for gay men, violates civil rights laws. Their legal action aims to establish a precedent that defines all gay men as infertile under a revised infertility definition, potentially impacting fertility benefits nationwide. Despite Briskin and Maggipinto's ability to fund IVF privately, their lawsuit seeks both policy change and compensation for past harm inflicted by the discriminatory policy.

We agree with the fact that gay men should be included under the definition of infertile. Biologically, there is no hope for reproduction between two men (Genesis 1:27, 2:18). We heartily disagree with the notion that their infertility entitles them, not just to children, but to government-funded medical intervention towards that end. These men seek inclusion in literature that would allow them financial compensation as they desire to grow a family; it is our genuine prayer that, more than that, these men would seek inclusion in the Book of Life… for it is there, and in right relationship with its Author that they will find the peace, purpose, and validation they now seek the law, and fatherhood, to give them (Psalm 16:11, Psalm 145:16). 

Present and future children in our nation need us to seek wisdom and advocate for truth on their behalf (Proverbs 31:8-9). Regardless of the location or intention of their conception, each child has a mother and a father and was created to thrive under the righteous discipleship and love of both (Proverbs 22:6). Brokenness and sin has left many fatherless, in dysfunctional homes, dealing with the complications of surrogacy, struggling with the realities of divorce, and so on. Children need the remnant, the church, to speak up, love, disciple, care for, and support them regardless of their family of origin, we must stand in the gap our culture increasingly creates (Mark 9:37).

Them Before Us is an incredible organization advocating for the rights of children worldwide; we highly encourage you to check out their work.

By: Kirby Mankin

DEI Defunded at UNC

The University of North Carolina at Chapel Hill has decided to redirect its entire $2.3 million diversity, equity, and inclusion (DEI) budget towards public safety and policing, following a unanimous decision by the board of trustees. This decision follows protests over the war in Gaza, with some board members citing the protests as the reason for reallocating the funds to campus police. Vice-chair Marty Kotis views DEI programs as divisive and exclusionary. This move preceded an expected statewide policy change limiting DEI. If the new statewide policy is approved, university chancellors will need to certify compliance by September 1. 

Beware of those who use similar vocabularies but different dictionaries (Proverbs 14:15). There’s absolutely nothing wrong with an organization being diverse, treating others equally, or including a variety of perspectives. There’s good in each of those ideals. However, while DEI was posed as a way to address past injustices, it has often been used to perpetrate new ones (Romans 12:21).

DEI runs up against much of what the Bible instructs, like forsaking sin instead of excusing it (Romans 6:11), your primary identity being either in Adam or in Christ (Galatians 2:20), and denouncing partiality (James 2:1). Scripture teaches that love prohibits discriminatory behavior based on race or ethnicity—whether bias for or against (Acts 10:34-35). A worldview that obsesses over “power” without acknowledging the all-powerful God should be approached with skepticism, as true power, goodness, and justice stem from Him (1 Chronicles 29:11-12).

By: Jamie Wilder

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