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Posts Tagged ‘bailout’

Financial crisis: European banks now hit by credit crunch

Posted by soldierservant on October 6, 2008

Soon they will allege that a global economy is the only way out. Even so, come Lord Jesus!

http://www.worthynews.com/news/telegraph-co-uk-finance-financetopics-financialcrisis-3141128-Financial-crisis-European-banks-now-hit-by-credit-crunch-html/

Posted in America, Christianity, church corruption, George Bush, GOP, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , | Comments Off on Financial crisis: European banks now hit by credit crunch

Sarah Palin Predicts Another Depression! See Video Here!

Posted by soldierservant on October 1, 2008

This republican ticket is such a joke. I believe this could be the end
of the republican party. She is nearly contradicting McCain on
everything. Wow, whoever thought this up as a way to put one over on the
american people is backfiring. I don’t think the american people are
even this stupid, but I could be wrong. Like the bible says that a house
divided cannot stand.

 

http://video.mobile.msn.com/en-us/detail.aspx?uuid=4f1411a9-4ff1-44a7-a467-7ac633549fb4

 

http://video.mobile.msn.com/en-us/detail.aspx?uuid=3a07e157-a021-4e3a-8461-e84feabc3a1a

 

Posted in America, Christianity, church corruption, George Bush, GOP, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , , , | Comments Off on Sarah Palin Predicts Another Depression! See Video Here!

Europe Rescues More Banks As Bailout Spreads

Posted by soldierservant on October 1, 2008

By Eddie Evans Reuters NEW YORK
President George W. Bush eased pressure on financial markets Tuesday with assurances that a $700 billion bailout for the financial sector can be revived, but the crisis spread further through European banks.

The dollar rallied and U.S. stocks recovered 3 percent after suffering their blackest day in 20 years on Monday as the U.S. House of Representatives rejected the rescue plan. The White House, Treasury Secretary Henry Paulson, congressional leaders and the two candidates hoping to succeed Bush as president, Sens. John McCain and Barack Obama, kept up a steady drumbeat of support for the plan, and around the world markets stabilized.

“There’s an overarching belief that at some point this week, whether it’s Wednesday or Thursday, we’ll get something passed by the House,” said Arthur Hogan, chief market analyst at Jefferies & Co in Boston.

But global money markets remained frozen, and London interbank offered rates shot to record levels, indicating banks were not lending to each other. The rate for overnight dollar loans rose to nearly 6.9 percent from just over 2.5 percent on Monday.

Without the bailout plan, which would allow the U.S. Treasury to buy toxic mortgage-related assets from banks, credit markets could remain frozen and lead to a recession.

“I assure our citizens and citizens around the world that this is not the end of the legislative process,” Bush said.

From Dublin to Moscow, the financial crisis was an ominous presence.

Ireland unveiled a blanket guarantee for savings held by its banks, and for the second time in a month Russia briefly shut down its stock markets.

France, Belgium and Luxembourg poured 6.4 billion euros into Franco-Belgian bank Dexia to avoid defaults on its loans, and France promised new bank measures to help savers.

Shares of British bank HBOS Plc fell on fears that Lloyds TSB Group Plc could renegotiate a deal to buy HBOS.

Dutch banking and insurance group Fortis and regional U.S. bank Wachovia succumbed on Monday.

Wall Street stocks rose as investors bet the bailout package would be approved by the U.S. Congress this week. The dollar rose against the yen and oil rebounded. European stocks recovered from earlier losses.

The White House said Bush had “constructive” talks with McCain, a Republican, and Obama, a Democrat, on Tuesday. Both presidential candidates have urged their fellow members of Congress to pass the bailout package and called for the limit on bank deposit insurance to be increased to boost confidence in banks.

Sen. Harry Reid and Sen. Mitch McConnell, the top Democrat and Republican in the U.S. Senate, promised swift action.

Congress was not in session on Tuesday because of a Jewish holiday. The Senate could take up bailout legislation as early as Wednesday. The House is to return on Thursday.

Lawmakers held discussions with each other and Bush administration officials on Tuesday to explore options, including possible changes in the measure the House defeated.

They could revise the bill or bring it up for another House vote. The next vote could occur in the Senate, where there has been more bipartisan support for the plan.

Monday’s defeat in the House was driven by a collection of Republicans and Democrats — many of whom are in tight re-election races — who received angry calls and e-mails from constituents upset at the idea of bailing out Wall Street.

($1=.6969 Euro)

(Additional reporting by Ellis Mnyandu in New York, Donna Smith and Thomas Ferraro in Washington, Jamie McGeever in London, and James Mackenzie and Tim Hepher in Paris; Editing by John Wallace)

Posted in America, Christianity, church corruption, George Bush, GOP, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , , , , , , | Comments Off on Europe Rescues More Banks As Bailout Spreads

No Amnesty For Wall Street by Pastor Chuck Baldwin

Posted by soldierservant on October 1, 2008

This is amazing! All these quotes from our founders prove where they
would stand today against this corruption. I saw that debate and thought
it was a joke. You see what phonies they are because they could not come
up with an answer on the bailout. But at least one thing interesting was
that both sides seem to slam Bush really good. McCain contradicted
himself so much it was unbelieveable. Well, I had been flipping around
to many local radio programs and everyone is furious over this bailout.
They know that it is rewarding criminal behavior. This bailout is the
reverse of socialism, which instead of stealing from the rich to give to
the poor, it is stealing from the poor to give to the rich. Some talk
about taking it to the streets. Well, we don’t need a violent revolution
but a real revolution is at the ballot box by voting outside the box.
The media is trying to dominate by telling us that we have to choose
between these two losers. I wonder what would happen if the majority
voted for the constitution party? I know the corrupt power structure
would do everything to keep that from happening, but still could happen,
no matter how hard they cheat.

http://www.chuckbaldwinlive.com/subscribe.php

This column is archived at
http://www.chuckbaldwinlive.com/c2008/cbarchive_20080926.html

At the time of this writing, the U.S. House and Senate are poised to pass a
$700 billion bailout to Wall Street. At the behest of President George W.
Bush, the U.S. taxpayers are going to be on the hook for what can only be
referred to as the biggest fraud in U.S. history.

Virtually our entire financial system is based on an illusion. We spend more
than we earn, we consume more than we produce, we borrow more than we save,
and we cling to the fantasy that this can go on forever. The glue that holds
this crumbling scheme together is a fiat currency known as the Federal
Reserve Note, which was created out of thin air by an international banking
cartel called the Federal Reserve.

According to Congressman Ron Paul, in the last three years, the Federal
Reserve has created over $4 trillion in new money. The result of all this
“money-out-of-thin-air” fraud is never-ending inflation. And the more prices
rise, the more the dollar collapses. Folks, this is not sustainable.

Already, Bear Stearns was awarded a $29 billion bailout, followed quickly by
the bailout of Freddie and Fannie that will cost the taxpayers up to $200
billion. Then the Fed announced the bailout of AIG to the tune of $85
billion. Mind you, AIG is an enormous global entity with assets totaling
more than $1.1 trillion. Moreover, the Feds agreed to pump $180 billion into
global money markets. And the Treasury Department promised $50 billion to
insure the holdings of money market mutual funds for a year. Now, taxpayers
are being asked to provide $700 billion to Wall Street. (I hope readers are
aware that, not only will American banks be bailed out, but foreign banks
will also be bailed out. Then again, at least half of the Federal Reserve is
comprised of foreign banks, anyway.) In other words, the Federal Reserve is
preparing to spend upwards of $1 trillion or more. Remember again, this is
fiat money, meaning it is money printed out of thin air.

All of this began when the U.S. Congress abrogated its responsibility to
maintain sound money principles on behalf of the American people (as
required by the Constitution) and created the Federal Reserve. This took
place in 1913. The President was Woodrow Wilson. (I strongly encourage
readers to buy G. Edward Griffin’s book, The Creature from Jekyll Island.)
Since then, the U.S. economy has suffered through one Great Depression and
several recessions–all of which have been orchestrated by this
international banking cartel. Now, we are facing total economic collapse.

But don’t worry: the international bankers will lose nothing–not even their
bonuses. They will maintain their mansions, yachts, private jets, and Swiss
bank accounts. No matter how bad it gets on Main Street, the banksters on
Wall Street will still have the best of it–President Bush and the Congress
will make sure of that. This is one thing Republicans and Democrats can
agree on.

America’s founders were rightfully skeptical of granting too much power to
bankers. Thomas Jefferson said, “If the American people ever allow private
banks to control the issuance of their currency, first by inflation and then
by deflation, the banks and corporations that will grow up around them will
deprive the people of all their property until their children will wake up
homeless on the continent their fathers conquered.”

Jefferson also believed that “banking establishments are more dangerous than
standing armies; and that the principle of spending money to be paid by
posterity, under the name of funding, is but swindling futurity on a large
scale.”

Daniel Webster warned, “Of all the contrivances for cheating the laboring
classes of mankind, none has been more effectual than that which deludes
them with paper money.”

Webster also said, “We are in danger of being overwhelmed with irredeemable
paper, mere paper, representing not gold nor silver; no, Sir, representing
nothing but broken promises, bad faith, bankrupt corporations, cheated
creditors, and a ruined people.”

Our first and greatest President George Washington said, “Paper money has
had the effect in your State [Rhode Island] that it ever will have, to ruin
commerce–oppress the honest, and open the door to every species of fraud
and injustice.”

If George W. Bush, John McCain, or Barack Obama had any honesty and
integrity, they would approach the current banking malady in much the same
way that President Andrew Jackson did. In discussing the Bank Renewal bill
with a delegation of bankers in 1832, Jackson said, “Gentlemen, I have had
men watching you for a long time, and I am convinced that you have used the
funds of the bank to speculate in the breadstuffs of the country. When you
won, you divided the profits amongst you, and when you lost, you charged it
to the bank. You tell me that if I take the deposits from the bank and annul
its charter, I shall ruin ten thousand families. That may be true,
gentlemen, but that is your sin! Should I let you go on, you will ruin fifty
thousand families, and that would be my sin! You are a den of vipers and
thieves. I intend to rout you out, and by the eternal God, I will rout you
out.”

What President Andrew Jackson said to the bankers in 1832 is exactly what an
American President should say to these criminal international bankers today.
But what George Bush, John McCain, and Barack Obama want to do is provide
amnesty for the international bankers, just as they want to provide amnesty
for illegal aliens. I say, No amnesty for Wall Street, and no amnesty for
illegal aliens, either. Instead of sending these banksters on extended
vacations to the Bahamas with millions of taxpayer dollars in their pockets,
we should be sending them straight to jail!

The only way to fix this economic mess that the international bankers have
created is to return America to sound money principles, as prescribed in the
U.S. Constitution. This means dismantling the Federal Reserve and the
Internal Revenue Service, overturning the 16th Amendment and the personal
income tax, and returning the American monetary system to hard assets: gold
and silver. Anything short of this will only delay and worsen the inevitable
collapse that has already begun.

(c) Chuck Baldwin

Posted in America, Christianity, church corruption, George Bush, GOP, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , | Comments Off on No Amnesty For Wall Street by Pastor Chuck Baldwin

The Strong Delusion Of American Democracy

Posted by soldierservant on October 1, 2008

The republicans who have opposed the bailouts did so because of the
constituent outcry. Not by any virtue of themselves. But still you know
it will only be a matter of time when they will all cave into Bush. Bush
is determined to reward these criminals and will always get his way. So
those who are deluded into thinking we still have a democracy, keep on
dreaming, because a dream is all that it is. It is not reality. Even if
it were, that raises a whole new question. If everyone is so outraged
about this bailout, then what about the other issues? What about Bush’s
betrayal of Israel? Why is there no outcry from the american people over
this? What about abortion that has been funded by the republican’s TITLE
X funding to PLANNED PARENTHOOD? Where is the taxpayers’ outrage that
$300 million a year in taxes go this? Or the taxpayers’ outrage of our
taxes supporting terrorists and communists around the world? What of the
massacre in Darfur? This proves how selfish the american people are that
they are only concerned with themselves and care for nobody else. This
is a nation of goats that Jesus will cast into hell. Don’t think that
donating to charities here will save you or justify you while you
support the oppression of others around the world. The wicked Pharisees
did such deeds themselves to try to justify themselves and to be seen of
men, but their hearts were not true. The bible speaks of love as seeking
the good of others, not for one’s self. This is lost on the american
people. This proves what Jesus said in Matthew 24 about the love of most
growing cold because of the increase of wickedness. We are fulfilling
biblical prophecy, in a bad way. Joel 3:2 says that God will judge the
nations that divide Israel. Get ready because judgment is coming. You
wicked people have refused to support Israel. Such are the synagogue of
Satan! Church for the most part will not save you but likely condemn
you. Jesus will spit the lukewarm out of his mouth. You know you are
lukewarm if you are comfortable with all the wickedness that is going
on. Most of the church is. Those who defend and justify corruption prove
themselves evil and will reap what they sow. Those whose hearts are not
true think that mere deeds will save them. The bible says that your
deeds are as filthy rags. If you are not true to Christ then all the
good deeds in the world do not matter. Jesus made this so abundantly
clear in Matthew 7:21-23. Those who continue on in sin without
conscience, without repentance, do not know Jesus. They belong to Satan!
Where do churchgoers get off on thinking they are so holy? Jesus didn’t
spend much of his time in church but was out among the sinners because
of his compassion for the lost. The vile religious hypocrite Pharsisees
condemned Jesus for that. Most of the church hates the lost just as the
Pharisees did and are useless to Christ. They have no light to shine
among the darkness. They bring the way of truth into disrepute. Those
who misrepresent Christ will have the harshest of punishments. Most of
the church has no resemblance to Christ at all. They are satanic
imposters. Their fruits speak for themselves. Those who preach war
expose their own hate. One thing I agree in Hagee’s book, In Defense Of
Israel, is that the modern church would not accept Jesus, even by his
superficial appearance, and that Jesus would overturn the tables in many
churches. He was right about that. Charisma magazine is pushing the two
party lie of Obama & McCain. The church is deep into the corruption of
this world. Like 1Peter 4:17 that says that judgment begins in the house
of God. If God’s own word says that He will judge His own house, then
where do hypocrites get off thinking they can escape just by attending
church? It is all the more they will be held responsible.

Posted in America, Christianity, church corruption, GOP, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , , , , , | Comments Off on The Strong Delusion Of American Democracy

La Raza John McCain Supports The Bailout? Thought He Was A Goldwater Conservative?

Posted by soldierservant on October 1, 2008

The cowardly hypocrite neocon talkshows always point the finger at
democrats. Yes, most democrats are for the bailout, like Pelosi and
Barney Frank, but so was Bush and McCain. That right there proves there
is no difference between the parties. Liars like McCain talk about
reaching across the aisle for bypartisanship. What reaching? He is
already across the aisle. He is good buddies with old Teddy. They are
one in the same. If McCain had any reaching to do it would be for the
conservatives. But then there is the catch 22. What conservatives? Most
republicans are phonies who pretend to be conservative, but pretending
doesn’t make them so. I got a few names of those who voted for this
bailout. Those who vote for this show their true colors. Republicans Kay
Granger, Pete Sessions, and yes, former republican candidate Tom
Tancredo. He had everyone fooled that he was  staunch conservative that
would crack down on illegals. If there was any truth to that, then that
explains why he was a one issue candidate because he is corrupt on all
the others. Also to this bailout they tried to add earmarks to it, even
to La Raza, who McCain supports. As tight as McCain is with La Raza, you
can’t tell me that he didn’t vote for those earmarks. This proves the
liar that McCain is. The very stuff he preaches against is what he
actually supports. If common sense still existed in this country then I
would say that such a phony would not have a chance. But we know there
is no more common sense in this country. The more corrupt a candidate
the more likely he will win. We also know phonies like Rush and the
other neocons support the bailout, proving how right those of us who
have spoken ot against these frauds are. The truth speaks for itself.
Those without it are condemned.

Posted in America, Christianity, church corruption, GOP, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , , | Comments Off on La Raza John McCain Supports The Bailout? Thought He Was A Goldwater Conservative?

Now We Know Why Wall Street Wanted Eliot Spitzer Gone!

Posted by soldierservant on September 30, 2008

Savage really hit a homerun the other night. Now we know why Eliot Spitzer
was a target. He was going after the corporate crooks of Wall Street.
Well, as of no surprise we see that Bush has sided with the Wall Street
crooks, just like he has sided with so many other criminals and
terrorists. And hypocrites try to raise concern over Obama being a
muslim when Bush celebrates Ramadan more than him or anyone else,
especially among nonmuslims? Bush is a muslim president. He has more
friends in Saudi Arabia than he does in Israel. He stands up more for
muslims than he does christians. Bush goes after anyone who harms a
koran, but not the bible. The fact that so called christians don’t
notice that proves that they are imposters and do not belong to the Lord
Jesus Christ. ALL THE LIARS THAT CALL THEMSELVES CHRISTIANS LOVE YOUR
EVIL LEADERS ABOVE CHRIST HIMSELF. DON’T THINK THAT THERE WILL NOT BE A
DAY OF RECKONING IF YOU ARE ONE OF THEM! Savage pointed out how corrupt
both parties are because they only blame each other and neither take any
responsibility. What really irritated me was that his substitute, Rick
Roberts, who filled in for the rest of the night is the typical
hypocrite neocon, always blaming democrats without one word about
republicans. IT IS REPUBLICANS THAT ARE THE CROOKS. IT WAS A LEFTIST
LIBERAL THAT WENT AFTER THESE CORPORATE CROOKS! ALL THE NEOCONS ARE A
BUNCH OF LIARS THAT SAY SUCH CORRUPTION IS ONLY CAPITALISM. WELL, IF
THAT IS THE CASE THEN CAPITALISM WILL BE THE UNDOING AND DOWNFALL OF
THIS COUNTRY. YOU CANNOT GET AWAY WITH MOCKING THE LAWS OF MEN AND GOD
WITHOUT PAYING THE CONSEQUENCES! THOSE WHO TAKE THE SIDE OF THESE CROOKS
ARE CROOKS THEMSELVES. THEY EXPOSE THEIR OWN EVIL HEARTS THAT ARE FULL
OF GREED AND IDOLATRY. ALL THE NEOCON CROOKS LIKE RUSH AND ALL THE
LITTLE RUSH WANNABES DO NOT CARE ABOUT ALL THOSE WHO GET HURT BY ALL THE
LOSSES. ALL THOSE WHO TAKE THE SIDE OF THESE NEOCONS DO NOT KNOW CHRIST.
THEIR WICKEDNESS EXPOSES THEM. This Rick Roberts fool says that
democrats had 2 years and did nothing. WELL, REPUBLICANS HAD 6 YEARS AND
DID NOTHING! I REPEAT, SIX YEARS! THAT IS 3 TIMES AS LONG AS THE
DEMOCRATS HAVE BEEN IN, SO THERE IS NO EXCUSE FOR THE REPUBLICANS!
McCAIN HAS BEEN ALL A PART OF THAT CORRUPTION AND YET HE PRETENDS THAT
HE IS GOING TO BRING CHANGE. IF AMERICA IS MADE UP OF NOTHING BUT A
BUNCH OF FOOLS THAT SWALLOW SUCH GARBAGE THEN THIS COUNTRY WILL GET WHAT
IT DESERVES! Fools like Rick Roberts actually believes that we still
have a representative democracy. Where has this fool been? Does he not
even know who he is filling in for? Even Savage says that we no longer
have representative government. I know this first hand because I have
written my representatives countless number of times and countless
petitions that got absolutely nowhere. Those who say that we still have
a democracy are flat out liars and will burn in hell! Same goes for
those who judge hypocritically. Roberts always points the finger at
everyone else, blaming everyone but himself, just like an arrogant
sefrighteous neocon pharisee. He is a liar when he says that we do not
get involved. I have, and probably countless number of others have too,
proving that we do not have true representatives. Savage has said
repeatedly how much we have become like socialist Russia. We are in a
dictatorship but most are too stupid or too distracted to notice. That
is why all the debates are controlled. That is why McCain or Palin will
not be confronted with the immigrant issue. If McCain is all for family
values then why does he have homosexual supporters? Everything about
these candidates is all lies. Well, I made it through most of Hagee’s
book, and sure enough, he denonces Christ. He tries to make a point that
Jesus was only to bring redemption to the gentiles. If that is the case
then why does he say that no man can come to the Father except through
him (John 14:6)? Are not jews human? Most of whom he was addressing at
that time and place were jews. He did not say that no gentile can come
to the Father but through him, but refering to all. Jesus and his
disciples always made a point to preach to the jew first, then the
gentile. Why would the jews need to be preached to if they are already
saved? Hagee makes it sound that it is antisemitic to tell the truth.
No, it is the opposite. To deny the jews the only true savior is the
most hateful thing towards them. I don’t deny his claims of the church
throughout the ages being antisemitic, but that has nothing to do with
with ackowledging the truth of Jesus being savior to all. The church as
been corrupted with paganism since the time of Constantine. That is the
source of corruption and evil, not aknowledging that Jesus is lord of
all. The church has taught hatred for the jews, but Jesus never taught
hatred for anybody. He even tells us to be kind towards our enemies. I,
myself, am a staunch supporter of the jews and Israel and I ackowlege
Jesus as lord of all, and yet I do not hate, which proves how wrong
Hagee is. Anyone would have to be biblically illiterate to believe
Hagee’s hateful lies by all the scriptures he omits. There are an awful
lot of the that he dodges to try to prove his twisted lies. Well, Paul
said it. Anyone who teaches another Christ is condemned. If you want to
know who is false then look towards scriptures because it is easy to
tell who is condemned by them. We are in the last days of false
teachers, false prophets, and false christs. Hagee is proof of that, as
well as most of TBN.

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John McCain’s Ties To Freddie Mac: Do Evangelical Christians Care?

Posted by soldierservant on September 30, 2008

Well, what do you know. The Wall Street corruption traces back to
McCain. This is what I have been saying that he is all a part of the
corruption. Oh, for a while he sounded like he was going to be tough on
the crooks but is either insincere or a hypocrite, or both. One thing
right that McCain said was that Christopher Cox, former republican
congressman and Bush appointee, should be fired. They are all a part of
the good old boys network. Even Savage mentioned about them going back
to Skull & Bones. I was surprised at that comment because I thought that
was too conspiratorial for the likes of him. I hear some say that we
should fire all of congress. Well, I sure would like to know how in the
world you do that. What I do know is that we can start by voting the
right president in. If the american people are too incompetent for just
that simple task then how are they going to deal with the whole of
congress? So either we will have a dictatorship or there will be a civil
war if people are truly fed up. Like I heard Savage say last night that
revolutions don’t happen until people get hungry. So things will have to
get to the point of waiting in bread lines or worse before they really
do anything. The only good thing about this is that maybe the illegals
won’t want to get over here so bad when they see how screwed up we are
becoming. I also heard that the FBI was investigating 4 of these firms.
If they are sincere, and not just doing this for show, then there is
hope for justice. I heard that there are 26 executives in this bailout
mess. Man, this makes you think what in the world is going on. It is one
thing for just one or a few, but when a whole bunch of them collapse at
the same time, something must be up. I heard that these sneaks became
banks overnight so they could dip in the federal reserve. Can you
believe the nerve of that Hank Paulson that wouldn’t settle for a
little,but the whole amount, and then threaten that this affects the
american people, which I do not believe? He is just covering his rear.

news.mobile.msn.com/en-us/articles.aspx?afid=1&aid=26859857

Posted in America, Barack Hussein Obama, Barack Obama, Christianity, church corruption, George Bush, GOP, john mccain, judgment, politics, prophecy, Republican, spiritual deception | Tagged: , , , , , , | Comments Off on John McCain’s Ties To Freddie Mac: Do Evangelical Christians Care?