Το εύδαιμον το ελεύθερον, το δ’ ελεύθερον το εύψυχον. – Ευτυχισμένοι είναι οι ελεύθεροι και ελεύθεροι είναι οι γενναίοι. // // Happy are the free and free are the brave.
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July 06, 2024
Antichrist Sabotage of America! ( January 2010 )
Antichrist Sabotage of America! |
January 2010
Last Trumpet Ministries
http://www.lasttrumpetministries.org
Antichrist Economics!
A study of history reveals that empires and kingdoms fell hard and were destroyed because of two primary conditions: extreme debt and excessive spending. This is the very policy of the Obama Administration. There is a reason why it takes 1,200 of our paper dollars to buy one ounce of gold, when only a few short years ago it took 320 of those same paper bills to do the same thing. The dollar is getting continually weaker, and it has now hit a 14-year low against the Japanese yen. (20) On November 25th, 2009, the Wall Street Journal reported that lending by American banks has fallen to its lowest point since the government began tracking such data. (21) On December 5th, 2009, the FDIC shut down six more banks, which brings the total number of bank failures to 130 so far this year. (22) Banking, as we once knew it, will soon be a thing of the past. I recently received a notice from a bank that I sometimes use, and it reads as follows: "The Federal Reserve Bank plans to transition to a single paper-check-processing site by the first quarter of 2010. This is being done in response to the continued nation-wide decline in check usage, as well as the rapidly increasing use of electronic check-clearing methods. When the consolidation is completed, 'there will no longer be any checks that would be considered non-local,' according to the Federal Reserve." (23)
As if there wasn't enough financial trouble in the world, the Arab city-state of Dubai announced that they were defaulting on their eighty billion dollar debt. (24) This sent shock waves throughout the financial markets of the world. On November 26th, 2009, Sheikh Ahmed bin Saeed al-Maktoum, the chairman of the Supreme Fiscal Committee, revealed that the huge default was planned in advance with full knowledge of what it would do to the world financial situation. (25) On November 29th, 2009, it was revealed that the restructuring of Dubai would be under the Rothschild's Advisory Operations in the Middle East. (26) We must remember that the Rothschild family originated and started the Illuminati in 1776. Even though they are seldom heard of today, they are still running the conspiracy, which is why you don't hear about them. They do, however, make rare appearances.
The economy of the United States is now being sabotaged on a grand scale and at a great rate of speed. In the months of October and November 2009, the Federal Government already spent 292 billion dollars more than it took in. (27) With a national debt of approximately 13 trillion dollars and a massive health care plan that will cost trillions more, also the ongoing wars, we are now seeing the demise of our American economy. What solution has Barack Obama come up with to solve this problem? On December 8th, 2009, Barack Obama gave a speech at a high-level Illuminati school known as the Brookings Institution. This the place where people in high places go to get their minds acclimated to satanic policy. During the speech, Obama said the following: "We must spend our way out of this recession." (28) The insanity of this statement should be obvious. When you have massive debt, you don't get out of it by making more of it. When I studied economics in technical college, we learned that when you increase the money supply from thin air, you weaken the value of the existing money. Then inflation sets in because the existing goods and services act like a dry sponge and quickly absorb the increased supply of credits and currency. The hole gets deeper and deeper until complete collapse occurs!
We are a debtor nation that does not function in the positive with real money. We function in the negative with credit. Everyone strives to have a good credit score so they can become indebted easily. If our economy functioned in the positive, credit scores would be meaningless. We are a nation that has functioned, or should I say malfunctioned, on credit for many years. We followed our government's lead, and as a result we are seeing the countless millions of people on the street with little hope for a job. Businesses continue to cut back, banks have become tight-fisted, and foreclosed houses sit empty while people live in tents and cars. It is a system that does not and cannot work. It is so bad that on November 29th, 2009, United Press International reported that there are now 20,000 new applications for food stamps every day! (29) Our only hope is the return of the Lord Jesus.
Read more :
http://lasttrumpetnewsletter.org/2010/01_10_l.html.
source :
David J. Meyer
Business News
Acknowledgements
20. AFP News Service, Nov. 26, 2009, Tokyo, Japan.
21. The Wall Street Journal, Nov. 25, 2009, by Damian Paletta, New York, NY.
22. Associated Press, Dec. 5, 2009, by Marcy Gordon, Washington, DC.
23. Policy Statement-Summit Credit Union, Dec. 2009, Beaver Dam, WI.
24. The London Times, Nov. 27, 2009, by Hosking & Robertson, London, England, U.K.
25. AFP News Service, Nov. 26, 2009, Dubai.
26. The Daily Telegraph, Nov. 29, 2009, London, England, U.K.
27. Reuters News Service, Dec. 4, 2009, Washington, D.C.
28. Associated Press, Dec. 8, 2009, by Philip Elliott, Washington, D.C.
29. United Press International, Nov. 29, 2009, Washington, D.C.
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Το εύδαιμον το ελεύθερον, το δ’ ελεύθερον το εύψυχον. – Ευτυχισμένοι είναι οι ελεύθεροι και ελεύθεροι είναι οι γενναίοι. // // Happy are the free and free are the brave.