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#49 User is offline   LoisFaith2000 

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Posted 17 October 2008 - 01:25 AM

IMPLICATIONS OF THIS FINANCIAL APOCALYPSE

By Joel C. Rosenberg

"U.S. foes gloat over financial crisis" (Associated Press)

"Iran hails world financial crisis as 'end of capitalism'" (Agence France Presse)

"We are witnessing the collapse of the American Empire." - Hamas leader Ismail Haniyeh

"We are happy that the U.S. economy is in anarchy and the anarchy is reaching Europe. They are seeing the result of their own ugly doings and God is punishing them." - top Iranian cleric
-------------------------------

(Washington, D.C., October 16, 2008)-- The U.S. is experiencing the most serious financial crisis since the Great Depression. Our enemies know it. They smell blood in the water. Consider the latest developments:

* "Wall Street stocks plunged Wednesday in the second biggest single day point loss in history and their worst percentage fall in two decades, ravaged by fears the world's biggest economy is slipping into recession. The Dow Jones Industrial Average slid 733.08 points (7.87 percent) to close at 8,577.91 in the worst one-day point loss since last month's record 777-point decline and the steepest percentage drop since 1987. In an even more brutal decline, the broad-market Standard & Poor's index plunged 90.17 points (9.03 percent) to 907.84." (AFP)

* "We are living through financial history of the tragic kind. As of Friday's close, America's stock market had declined in value by well over 40 per cent compared with its peak a year ago. Already, this ranks as the fifth biggest stock market decline since the 1920s." (U.K. Independent)

* "U.S. stocks [in recent days have] plunged the most since the crash of 1987, hammered by the biggest drop in retail sales in three years and growing doubt that plans to bail out banks will keep the economic slump from deepening….The S&P 500 has tumbled 38 percent in 2008 as losses and writedowns from mortgage-related investments at financial firms worldwide topped $640 billion….The S&P 500 has tumbled 42 percent from its Oct. 9, 2007, record and the Dow has lost 39 percent from its peak the same day." (Bloomberg News)

* "Japan's key stock index plummeted more than 11 percent, South Korean shares shed 9.25 percent, and Hong Kong's Hang Seng Index was down 4.8 percent. Floowing Asia's lead, benchmarks in Britain, Germany and France slipped about 3 percent. Russia's RTS also fell." (AP)

* "U.S. Forces Nine Major Banks To Accept Partial Nationalization" - Washington Post

* "The White House said G8 leaders were expected to meet this year on the worst financial crisis since the 1930s Great Depression. Governments around the world have pledged $3.2 trillion in emergency measures - roughly an equivalent to the economic output of Germany or China - including taking stakes in banks to help them stabilize, rallying world markets on Monday and Tuesday. But optimism quickly gave way to fears that government intervention would not save major economies from recession." (Reuters)

This is not a temporary glitch in the global financial software. The problems are real, deep and systemic. The best explanations and analysis I have seen have come from Steve Forbes, editor-in-chief of Forbes magazine, the nation's foremost business magazine (see Steve's recent columns).

The big question now: What does it all mean and where do we go from here? A few thoughts on the implications of this financial apocalypse:
1. First things first: our national security is inextricably tied to our economic security. Economic weakness is an invitation to radical Islamic terrorists to hit us again. It's also an invitation to other rogue nations to pursue their evil plans while thinking we are unable or unwilling to stop them. The U.S. cannot lead the world in defeating tyrants and terrorists and creating an environment of peace and prosperity if we are collapsing at home. Stabilizing our economy, reforming our financial institutions, punishing and imprisoning those who have criminally undermined our economy, and getting us back on the road to free market growth and entrepreneurial health and vitality must be the top priority of the next Commander-in-Chief. 2. I don't believe one U.S. political party or the other is specifically to blame for our own financial crisis. There is plenty of blame to go around and the problems have been developing for years. That said, it is becoming increasingly clear to me that the U.S. stock markets are tanking especially hard right now in part because investors believe Sen. Barack Obama is going to win on November 4th. As polls for Obama and Congressional Democrats have risen - and Americans have begun to sense that Obama's election as president and expanded control of Congress by Rep. Nancy Pelosi and Sen. Harry Reid and their liberal allies is inevitable - investors' fears have not been calmed. They have been exacerbated. True, investors don't see a complete and convincing economic rescue plan from Sen. McCain. But they see disaster in Obama's plan and the likelihood of full control of the U.S. government by the Democrats. The Obama-Pelosi-Reid prescription, after all, is the worst possible medicine for the economy - $1.3 trillion in new federal spending, dramatic tax increases on small businesses, dramatic tax increases on big businesses, dramatic tax increases on those who create wealth, a major new tax on energy producers, as well as nationalized health care system. We are not simply on the brink of a serious recession; we are on the brink of another Great Depression. How, then, will massive tax increases and massive government spending help us fight our way out of this crisis? Answer: it won't. And Main Street and Wall Street know it. Just ask Joe the Plumber.

3. Are there prophetic implications of this financial crisis? It is hard to be definitive. The U.S. does not show up specifically in any end times Bible prophecies. But this fact alone raises a sobering question: If we are really in what the Bible describes as "the last days" before the return of Jesus Christ, then how is it possible that the United States of America - the wealthiest and most powerful nation on the face of the planet in the history of mankind - does not play a significant, notable role in Biblical end times events?

The honest answer: I don't know for certain. But here's what I wrote in Dead Heat (p. 154): "What Bennett had never really considered carefully until now was the possibility that something else might devastate the American people, rendering them ineffective heading into the last of the last days. A financial downturn on Wall Street. The sudden collapse of the dollar. The beginning of another Great Depression. A series of devastating earthquakes. Or hurricanes. Or other natural disasters, like a tsunami. [Or ] the most cataclysmic terrorist attack of all time - five nuclear warheads. And there might be more to come. None of it was clearly prophesied in the Scriptures. Not that he could find. But perhaps he should have foreseen the neutralization of America by more carefully reading between the lines. If so, what else was he missing? What exactly was coming next?" 4. Finally, let us consider the possibility that the Lord is allowing this economic meltdown in part to shake our confidence in anything but a personal relationship with Jesus Christ. Is it possible that God is trying to shake us loose from trusting in our wealth, from trusting in our political leaders, from trusting in our own ingenuity and our own hard work? Is it possible that He is trying to get us to shift our focus from worldly, materialistic things to how much He loves us, and the truth that the only person we can truly trust in life to never leave us or forsake us is Jesus Christ? Is it possible that He is trying to get us to read the Bible more, and the stock tickers less? To pray more, and to worry less? To store up our treasures in heaven, and not concentrate so much on our treasures on earth? Anyone who is feeling fearful during this turbulent economic times would do well to meditate on the words Jesus told His disciples in Matthew 6:19-33 --

"Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal; for where your treasure is, there your heart will be also….No one can serve two masters; for either he will hate the one and love the other, or he will be devoted to one and despise the other You cannot serve God and wealth. For this reason I say to you, do not be worried about your life, as to what you will eat or what you will drink; nor for your body, as to what you will put on. Is not life more than food, and the body more than clothing? Look at the birds of the air, that they do not sow, nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not worth much more than they? And who of you by being worried can add a single hour to his life? And why are you worried about clothing? Observe how the lilies of the field grow; they do not toil nor do they spin, yet I say to you that not even Solomon in all his glory clothed himself like one of these. But if God so clothes the grass of the field, which is alive today and tomorrow is thrown into the furnace, will He not much more clothe you? You of little faith! Do not worry then, saying, 'What will we eat?' or 'What will we drink?' or 'What will we wear for clothing?' For the Gentiles eagerly seek all these things; for your heavenly Father knows that you need all these things. But seek first His kingdom and His righteousness, and all these things will be added to you."





Oct 16th, 2008 - 1:44 PM Re: IMPLICATIONS OF THIS FINANCIAL APOCALYPSE Joel Rosenberg

"Finally, let us consider the possibility that the Lord is allowing this economic meltdown in part to shake our confidence in anything but a personal relationship with Jesus Christ."

-------------

This is so true. If the economy was riding high, if Christians were assured the candidate of their choice in the election, if the picture was all rosy ... would we truly seek Jesus as never before?

Think about it.

Hasn't your walk with the Lord grown deeper now versus prosperous times? Mine certainly has.

The Lord is allowing it all, and I pray that no one is praying for delay ... more time ... let come to pass what has been planned since the foundation of the world ... and may we be forever with Him, glorifying Him, the only One Who matters.


Oct 16th, 2008 - 2:23 PM Re: IMPLICATIONS OF THIS FINANCIAL APOCALYPSE Joel Rosenberg


Your words speak volumes! The world will not seek God's council as long as they are being weaned on the lap of prosperity!




IMPLICATIONS OF THIS FINANCIAL APOCALYPSE Joel Rosenberg

>>>>"We are happy that the U.S. economy is in anarchy and the anarchy is reaching Europe. They are seeing the result of their own ugly doings and God is punishing them." - top Iranian cleric

He's probably right.

=================================================

Buffett says he's buying U.S. stocks: report


http://biz.yahoo.com...ffett.html?.v=1

(Reuters) - Billionaire investor Warren Buffett is buying U.S. stocks, he wrote in an opinion column in the New York Times.
"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful," Buffett wrote in the paper.

Buffett acknowledged the economic news was bad, with the financial world in a mess, unemployment rising and business activity faltering.

"What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up," he said. "So if you wait for the robins, spring will be over."

Buffett, who made his money by building his company Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News) into a $199 billion conglomerate, wrote that investors were right to be wary of highly leveraged entities or businesses in weak competitive positions.

"But fears regarding the long-term prosperity of the nation's many sound companies make no sense," he said.

Buffett said major companies would suffer earnings hiccups, but added they "will be setting new profit records five, 10 and 20 years from now."

This post has been edited by LoisFaith2000: 17 October 2008 - 06:28 PM

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#50 User is offline   Shekel 

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Post icon  Posted 17 October 2008 - 01:35 PM

http://en.wikipedia....k_of_October_12

The collapse of the World Trade Center was a sign of the collapse of world trade seven years later


I hope to put out a document showing that the collapse of the economy occurred 7 years after the collapse of the World Trade Center as predicted by the Mene Tekel Bible Code. As the above article by Wikipedia shows, the two main events that mark this collapse in September was on Sept. 7 and 14, with the middle of that week being Sept. 11, which was the seventh anniversary of the collapse of the Trade Centers --- the very symbols of commerce. (This is explained in detail within the many documents on the net about the Mene Tekel Bible Code.

Those two days, Sept. 7-14, just happen to correspond to the seventh month, the 15-22 on the 360-bible prophecy calendar as explained in dozens of articles and as repeatedly chronicled over the past 15 years on my web sites. These dates, the 7th month, the 15-22 (with Sept. 11 in the middle), is the week of Tabernacles. Tabernacles is a type of the seven years of the great tribulation to come, and was a festival that commemorated the wanderings in the wilderness for 40 years; (read Rev. 12:1-6 with a commentary).

Posted Image



"Seven years" is a typical period of 'a time of trial' in the bible, such as the seven years of famine of Joseph. See http://www.1260-1290...e-prophecy.org/ and, http://www.360calendar.com for more. Also see the Mene Tekel Bible Code about the collapse of the economy. http://www.bible-cod...de-prophecy.htm

Note that the below image was also chosen as the emblem for this forum as a witness to this code back many years ago.

Posted Image
Posted Image



Thus, just as there was seven years from the discovery of mene-tekel-uparsin picture bible code unto the death of Saddam Hussein as explained in detail at the website, so it was perfectly reasonable that the collapse of the economy world wide would likewise occur seven years after the collapse of the World Trade Center, which itself sparked a recession back then, and is related to events now, in that it helped ruin the economy by the war that it caused with Saddam in Iraq (Babylon).

As shown in the websites, numerous events have been occurring on the 360 calendar of the prophets. Keep in mind that this calendar is slightly different than the regular Jewish calendar used today.

Also, the seven days of Tabernacles, as divided in the middle by the seventh-year anniversary of 9/11, is itself preceded by another seven days so that one seven days (week) intersect another seven days (week). (All this relates to the prophecy of Daniel's 70 weeks in Daniel 9 as well, but we cannot explain all that now.) This intersecting of weeks happens because seven years on our calendar is 2557 days, but on the 360 calendar it is 2550 days (seven days less), thus making Sept. 4, 2008 the seventh anniversary of 9/11 on the 360 calendar, which is seven days before Sept. 11, 2008, the anniversary on our common (Gregorian) calendar. This kind of pattern is extremely common in bible numbers and I have documented it numerous times here on the forum and on my websites.

So in conclusion, is all this just warning shots to the world, or is it the real deal, the final meltdown?

Time will tell, but one thing for sure dear christian, is that God has it all under control! And this He wants you to know.



Also note that Hurricane Ike was doing it's thing around the same time as the banks were collapsing, which was also a sign as explained at the following link: http://www.bible-cod...-bible_code.htm

Here is a quote from that article. I speak of symbolic years here, something mentioned throughout my websites over the years. (You may not understand the symbolic day-year phenomena unless you have been following my websites closely.) Note that the date for the main collapse of the banks on Sept. 14, 2008 represented as symbolic 519 BC, which is the date of one of the four decrees of the seventy weeks of Daniel 9, and is also the year of that prophecy in Haggai that says,


Hag 2:1 In the seventh month, in the one and twentieth day of the month, came the word of Jehovah by Haggai the prophet, saying,...

Hag 2:6 For thus saith Jehovah of hosts: Yet once, it is a little while, and I will shake the heavens, and the earth, and the sea, and the dry land;
Hag 2:7 and I will shake all nations; and the precious things of all nations shall come; and I will fill this house with glory, saith Jehovah of hosts.
Hag 2:8 The silver is mine, and the gold is mine, saith Jehovah of hosts.
Hag 2:9 The latter glory of this house shall be greater than the former, saith Jehovah of hosts; and in this place will I give peace, saith Jehovah of hosts.


(To be exact, the dates for the prophecies of Haggai and Zechariah are from 520-518. The temple construction years lasted 3.5 years from 520-516 BC. As a sign to my wife and I, she unwittingly had a friend who was visiting Jerusalem at the time slip her prayer on a paper into the cracks of the old temple {wailing} wall rebuilt by Zerubabbel in the said years of 520-516 BC. It was put in the walls on Sept. 15, 2008, which was as symbolic 518 BC.)

Here is the quote about the symbolic years to do with Hurricane Ike:

Quote

Symbolic Years

Each day of time also represents a symbolic year (counted down in progression), and Sept. 13, 2008, when Ike struck NASA, represented the year 520 BC (symbolically speaking), the very year that this prophecy about "the bird from the east" sent to "rebuild the temple of the Lord" was fulfilled, (Isa. 44:28). (The day-year concept is discussed in may other articles and these dates are consistent with all other articles.) Thus, four days later, the day that I am writing this now and putting it on the net, is as 516 BC, which happens to be 70 days after God first began to give me the Baal/Cherub aspect of the Balance Bible code --- after a long four-year hiatus. Thus, God began to give me this aspect of the code 70 literal days before 516 BC (70 years symbolically speaking), which was as 586 BC, which is the year that Jerusalem fell to the Babylonians!


And so in every way the economic events now felt worldwide were predicted ahead of time by the code, although I was not certain as to the timing, but now that it is happening, you can see why I can say with confidence that the bible code predicted it --- I just did not know for sure when. And time will still tell the outcome of all these things.

This is a list of the occurrences of the word "economic" in my web pages
that show where the term was used on the site in past years and how in relation to the world trade collapse now occurring.

Posted Image



The following is written more for my future reminding, if necessary, than for anything else!

There seems to be a pattern pointing to the years AD 2031 to 2038, autumn, but I cannot be certain at this time. The below chart will be hard to understand without a knowledge of the symbolic day-year phenomena. It also aligns with the seven years of famine and plenty in the mirror up "four generations" as 40 x 4 = 160 years from the 400 or 430-years in Egypt. Exodus 1446 BC with 430 years in Egypt = 1876 BC, but as 400 years symbolically as 1846 BC, therefore making seven years of plenty and famine of Joseph as either the literal 1885-1878-1871 BC, or figuratively 30 years less with the 400 years "in a strange land", that is, 1855-1848-1841 BC, "and it the fourth generation I will come for you", God promised Abraham. As in AD mirror, these dates plus the said 160 years (4 x 40) equals as AD 2001-2008-2015 and AD 2031-2038-2045.

The overlapping of our conjectured years here may be just a coincidence, but I thought it worth mentioning and recording if for no other reason than simply to remind me or anyone else interested if new developments occur in the future. Great caution should always be taken in regard to predicting future events. This is only one of may possible time frames for the future and I would not be surprised if nothing at all happens during the next seven years or 30 years from now! At this point the evidence is at best scanty, but I record it here for my own records.

Posted Image

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#51 User is offline   LoisFaith2000 

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Posted 18 October 2008 - 09:59 AM

The final nail in the coffin of the US housing market.
Hedge Fund Manager -Letter of Resignation-
Banks borrow record $437.5 billion per day from Fed






http://www.foxnews.c..._friendly_st...,440341,00.html

New Home Construction at Lowest Level Since World War II
Saturday , October 18, 2008

WASHINGTON —

The nation is on track to build fewer homes this year than at any time since the end of World War II, adding to the woes of an economy that analysts said Friday has almost certainly entered a recession.

While the economic outlook darkened even further with bad reports on layoffs and consumer confidence, it was one of the quietest days since the financial meltdown began a month ago. Wall Street's tumultuous week turned out to be its best in five years.

The Dow Jones industrial average lost 127 points Friday but turned in the strong week because of two huge days of gains — a record 936-point jump on Monday and an increase of 401 points Thursday.

Iceland's Nightmare Coming Here?

October 16, 2008

The Ice Storm

By GAUTI KRISTMANNSSON

Reykjavik, Iceland

ICELANDERS have woken up in a new novel by Franz Kafka, where everybody is guilty by default. One by one, the mighty banks have been seized by the government, and Icelanders, aghast, have been told that each and every one of us owes millions of dollars — to whom, we don’t know. The earnest faces of the politicians, of bankers and tycoons almost crying, give us the final touch of the surreal. The situation is comparable only with the fall of the Berlin Wall in 1989 and the 9/11 attacks — something final and yet beyond one’s individual grasp has happened.

This time, however, instead of looking on we are in the middle of it. The first 500 bankers have lost their jobs in one go; many others are waiting for the double blow of unemployment and losing their house as their mortgage payments soar. When the Reykjavik stock exchange reopened on Tuesday after three days of suspended trading, its index, dominated by bankrupt financial institutions, had lost 75 percent of its value.

Suddenly, there are lines in the bank for foreign currencies, and there is a limit on how much we can get — overseas banks are refusing to accept our freefalling currency, the krona. One of my students, studying in Spain, can’t get money from Iceland for her rent. Importers and exporters can’t get currency to conduct business. Icelandic tourists abroad have problems getting cash from A.T.M.’s. The British government has applied terrorist laws to freeze the assets of an Icelandic bank; the list goes on as if it were a script for the nightmare of globalization.

We thought we had friends, in Europe and in the United States. They were sought in the hour of need and found to be busy with their own problems; only the Scandinavians were prepared to extend a helping hand, and then, all of a sudden, Russia — somehow the world has changed. The disappointment with our old “friends” is great and people ask, did we really behave any worse than the others?

People joke about going back to the ’70s, when there were restrictions on how much currency one could take abroad and the government devalued the krona regularly to reduce spending on foreign luxuries. It wasn’t all that bad then, they say, apart from the bellbottoms and high-heeled shoes for men, perhaps.

But the jokes are not funny, for we did join the party in the 1990s, we did pour money into our apartments, houses, cars, gadgets, stocks; the money was borrowed, too. After an era of deprivation, we were eager to enjoy the newfound freedoms of capitalism and credit cards. We believed everything would add up; certainly the free-market enthusiasts told us so time and again. And most of us could pay our mortgages and credit cards, at least until last week.

Now that we don’t know if we can, the shock is so strong that neither anger nor sorrow have really taken hold. We thought Iceland was an independent country that could take care of itself without the help of Russia or the International Monetary Fund, that our currency amounted to something, that we could own companies and banks all over the world. We thought we could enjoy our beautiful country and clean air in the backyard of the aluminum smelter.

In many ways, we uncritically accepted the capitalist system, which now appears to have been a gigantic casino without an owner. We did in the end believe that we could get “money for nothing” and now we face the fact that we will get nothing for our money.

What to do, nobody knows, least of all the politicians, bankers, tycoons; but then again, I heard that a new edition of “The Communist Manifesto” will be published here this autumn. Coincidence, of course, but like everything else, unreal. Kafka’s Iceland probably has an ending different from anything that we can possibly imagine.

Gauti Kristmannsson is an associate professor of translation studies at the University of Iceland.

This post has been edited by LoisFaith2000: 18 October 2008 - 10:06 AM

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#52 User is offline   LoisFaith2000 

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Posted 18 October 2008 - 11:06 AM

Buffett says he's buying U.S. stocks: report

http://biz.yahoo.com...ffett.html?.v=1

(Reuters) - Billionaire investor Warren Buffett is buying U.S. stocks, he wrote in an opinion column in the New York Times.
"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful," Buffett wrote in the paper.

Buffett acknowledged the economic news was bad, with the financial world in a mess, unemployment rising and business activity faltering.

"What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up," he said. "So if you wait for the robins, spring will be over."

Buffett, who made his money by building his company Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News) into a $199 billion conglomerate, wrote that investors were right to be wary of highly leveraged entities or businesses in weak competitive positions.

"But fears regarding the long-term prosperity of the nation's many sound companies make no sense," he said.

Buffett said major companies would suffer earnings hiccups, but added they "will be setting new profit records five, 10 and 20 years from now."





Quote

He is probably the one keeping the DOW up, lol. Actually its probably true. He sees it going down and cuz he is rich, he buys a bunch and up it goes? Crazytalk? Who knows. I just think he can afford to throw his money around, while the rest of us cant. Plus he may be trying to talk all of the US into buying stock to get everything going. He is shady. Why would you not give any of your money to your heirs? Weird. But its his money and his choice!!




So to say Warren Buffet is right and it's the best time to invest in it? Good luck!

If one doesn't think the whole thing will fall apart, yes.

The best time to invest is when panicky investors drive a giant like Ford down to a dollar or so a share. Historical trends state you can make a whole lotta money in a market that is in panic. One just has to not be one of the panicky investors, and happen to have 50 billion or so laying around.

Buffett is a greedy man. He goes for his wealth at any cost and will undermine others to get it... kind of weird, he's so wealthy already, but it is not enough and never will be.

He might be a little early to be buying this time around. The Dow may have a good bit to fall yet, though I hope not.

Quote:
Originally Posted by NowAlive
...Amazing how Buffet shows the world his greed at others expense.

??? He apparently has some money available and is buying some available stocks. How does that make him greedy?
Quote:
Originally Posted by Tall Timbers
Buffett is a greedy man. He goes for his wealth at any cost and will undermine others to get it...

??? How is his buying of stocks on the market undermining others?
http://www.forbes.co...ffett_C0R3.html

This post has been edited by LoisFaith2000: 18 October 2008 - 11:09 AM

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#53 User is offline   LoisFaith2000 

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Posted 19 October 2008 - 08:15 AM

19 Oct 08

Quote

Layoffs spreading across corporate America
Local Ford dealer
Spending surge pushes deficit toward $1 trillion
The final nail in the coffin of the US housing market.
Hedge Fund Manager -Letter of Resignation-
New Home Construction at Lowest Level since WW2
Germany passes $675bn bailout
How Long for System to Emerge?
Bush to host worldwide financial summit soon after election
http://www.cnn.com/2...ting/index.html
China's billionaires lose a third of wealth in credit crisis
Buffett says he's buying U.S. stocks: report
? about O's "tax break"
Banks borrow record $437.5 billion per day from Fed
Wall Street banks in $70bn staff payout
Banks raid Fed emergency fund at record rate
Stocks end back-and-forth session mixed
A Crash Course and the current economic crisis



Big Drop in Energy Prices May Not Soften Recession
In normal circumstances, the recent 50 percent plunge in oil prices might give a big boost to consumer spending, which drives three-quarters of the US economy. But with unemployment rising and the credit crisis still far from over, cheaper gasoline and heating oil probably won't make much difference.


Bush will host world leaders at economic summit
President Bush, looking for answers to an global economic emergency with just three months left in office, will host an international summit to discuss ways to fix the world financial system but warned on Saturday against reforms that threaten capitalism.


http://www.cnn.com/2...ting/index.html
Bush to host worldwide financial summit soon after election

Quote

I wonder how Israel, Russia, and the ME feels about all this?

Sarkozy idea on future of currency systems/international monitoring of financial institutions
USAToday: sorry, lost article that had more detail
Quote:
Sarkozy has floated the idea of reforming rating agencies and even exploring the future of currency systems. British Prime Minister Gordon Brown, who engineered a British bank bailout that inspired U.S. and European rescues, is proposing radical changes to the global capitalist system, including a cross-border mechanism to monitor the world's 30 biggest financial institutions.

This post has been edited by LoisFaith2000: 19 October 2008 - 09:32 AM

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#54 User is offline   LoisFaith2000 

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Posted 19 October 2008 - 08:59 AM

19 Oct 08

Quote

Layoffs spreading across corporate America
Local Ford dealer
Spending surge pushes deficit toward $1 trillion
The final nail in the coffin of the US housing market.
Hedge Fund Manager -Letter of Resignation-
New Home Construction at Lowest Level since WW2
Germany passes $675bn bailout
How Long for System to Emerge?
Bush to host worldwide financial summit soon after election
http://www.cnn.com/2...ting/index.html
China's billionaires lose a third of wealth in credit crisis
Buffett says he's buying U.S. stocks: report
? about O's "tax break"
Banks borrow record $437.5 billion per day from Fed
Wall Street banks in $70bn staff payout
Banks raid Fed emergency fund at record rate
Stocks end back-and-forth session mixed
A Crash Course and the current economic crisis



Big Drop in Energy Prices May Not Soften Recession
In normal circumstances, the recent 50 percent plunge in oil prices might give a big boost to consumer spending, which drives three-quarters of the US economy. But with unemployment rising and the credit crisis still far from over, cheaper gasoline and heating oil probably won't make much difference.


Bush will host world leaders at economic summit
President Bush, looking for answers to an global economic emergency with just three months left in office, will host an international summit to discuss ways to fix the world financial system but warned on Saturday against reforms that threaten capitalism.


http://www.cnn.com/2...ting/index.html
Bush to host worldwide financial summit soon after election

Quote

I wonder how Israel, Russia, and the ME feels about all this?

Sarkozy idea on future of currency systems/international monitoring of financial institutions
USAToday: sorry, lost article that had more detail
Quote:
Sarkozy has floated the idea of reforming rating agencies and even exploring the future of currency systems. British Prime Minister Gordon Brown, who engineered a British bank bailout that inspired U.S. and European rescues, is proposing radical changes to the global capitalist system, including a cross-border mechanism to monitor the world's 30 biggest financial institutions.







'Shekel' date='Oct 17 2008, 02:35 PM' post='249407'
http://en.wikipedia....k_of_October_12

I hope to put out a document showing that the collapse of the economy occurred 7 years after the collapse of the World Trade Center as predicted by the Mene Tekel Bible Code. As the above article by Wikipedia shows, the two main events that mark this collapse in September was on Sept. 7 and 14, with the middle of that week being Sept. 11, which was the seventh anniversary of the collapse of the Trade Centers --- the very symbols of commerce. (This is explained in detail within the many documents on the net about the Mene Tekel Bible Code.

Those two days, Sept. 7-14, just happen to correspond to the seventh month, the 15-22 on the 360-bible prophecy calendar as explained in dozens of articles and as repeatedly chronicled over the past 15 years on my web sites. These dates, the 7th month, the 15-22 (with Sept. 11 in the middle), is the week of Tabernacles. Tabernacles is a type of the seven years of the great tribulation to come, and was a festival that commemorated the wanderings in the wilderness for 40 years; (read Rev. 12:1-6 with a commentary).

"Seven years" is a typical period of 'a time of trial' in the bible, such as the seven years of famine of Joseph. See http://www.1260-1290...e-prophecy.org/ and, http://www.360calendar.com for more. Also see the Mene Tekel Bible Code about the collapse of the economy. http://www.bible-cod...de-prophecy.htm

Note that the below image was also chosen as the emblem for this forum as a witness to this code back many years ago.

Posted Image
Posted Image



Thus, just as there was seven years from the discovery of mene-tekel-uparsin picture bible code unto the death of Saddam Hussein as explained in detail at the website, so it was perfectly reasonable that the collapse of the economy world wide would likewise occur seven years after the collapse of the World Trade Center, which itself sparked a recession back then, and is related to events now, in that it helped ruin the economy by the war that it caused with Saddam in Iraq (Babylon).

As shown in the websites, numerous events have been occurring on the 360 calendar of the prophets. Keep in mind that this calendar is slightly different than the regular Jewish calendar used today.

Also, the seven days of Tabernacles, as divided in the middle by the seventh-year anniversary of 9/11, is itself preceded by another seven days so that one seven days (week) intersect another seven days (week). (All this relates to the prophecy of Daniel's 70 weeks in Daniel 9 as well, but we cannot explain all that now.) This intersecting of weeks happens because seven years on our calendar is 2557 days, but on the 360 calendar it is 2550 days (seven days less), thus making Sept. 4, 2008 the seventh anniversary of 9/11 on the 360 calendar, which is seven days before Sept. 11, 2008, the anniversary on our common (Gregorian) calendar. This kind of pattern is extremely common in bible numbers and I have documented it numerous times here on the forum and on my websites.

So in conclusion, is all this just warning shots to the world, or is it the real deal, the final meltdown?

Time will tell, but one thing for sure dear christian, is that God has it all under control! And this He wants you to know.



Also note that Hurricane Ike was doing it's thing around the same time as the banks were collapsing, which was also a sign as explained at the following link: http://www.bible-cod...-bible_code.htm

Here is a quote from that article. I speak of symbolic years here, something mentioned throughout my websites over the years. (You may not understand the symbolic day-year phenomena unless you have been following my websites closely.) Note that the date for the main collapse of the banks on Sept. 14, 2008 represented as symbolic 519 BC, which is the date of one of the four decrees of the seventy weeks of Daniel 9, and is also the year of that prophecy in Haggai that says,


Hag 2:1 In the seventh month, in the one and twentieth day of the month, came the word of Jehovah by Haggai the prophet, saying,...

Hag 2:6 For thus saith Jehovah of hosts: Yet once, it is a little while, and I will shake the heavens, and the earth, and the sea, and the dry land;
Hag 2:7 and I will shake all nations; and the precious things of all nations shall come; and I will fill this house with glory, saith Jehovah of hosts.
Hag 2:8 The silver is mine, and the gold is mine, saith Jehovah of hosts.
Hag 2:9 The latter glory of this house shall be greater than the former, saith Jehovah of hosts; and in this place will I give peace, saith Jehovah of hosts.


(To be exact, the dates for the prophecies of Haggai and Zechariah are from 520-518. The temple construction years lasted 3.5 years from 520-516 BC. As a sign to my wife and I, she unwittingly had a friend who was visiting Jerusalem at the time slip her prayer on a paper into the cracks of the old temple {wailing} wall rebuilt by Zerubabbel in the said years of 520-516 BC. It was put in the walls on Sept. 15, 2008, which was as symbolic 518 BC.)

Here is the quote about the symbolic years to do with Hurricane Ike:

Quote

Symbolic Years

Each day of time also represents a symbolic year (counted down in progression), and Sept. 13, 2008, when Ike struck NASA, represented the year 520 BC (symbolically speaking), the very year that this prophecy about "the bird from the east" sent to "rebuild the temple of the Lord" was fulfilled, (Isa. 44:28). (The day-year concept is discussed in may other articles and these dates are consistent with all other articles.) Thus, four days later, the day that I am writing this now and putting it on the net, is as 516 BC, which happens to be 70 days after God first began to give me the Baal/Cherub aspect of the Balance Bible code --- after a long four-year hiatus. Thus, God began to give me this aspect of the code 70 literal days before 516 BC (70 years symbolically speaking), which was as 586 BC, which is the year that Jerusalem fell to the Babylonians!


And so in every way the economic events now felt worldwide were predicted ahead of time by the code, although I was not certain as to the timing, but now that it is happening, you can see why I can say with confidence that the bible code predicted it --- I just did not know for sure when. And time will still tell the outcome of all these things.

This post has been edited by LoisFaith2000: 19 October 2008 - 09:34 AM

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