Thursday, August 29, 2013

"Economic Facts Don't Add Up"

Hang onto your hats, people, and everything else that's not tied down. There's only a few days left before the Boys (and Girls) are back in town.

That's right, folks, the lawmakers are returning to Capitol Hill and it won't be pretty. In fact, according to Oliver Knox, Chief Washington Correspondent for Yahoo!News, Americans should "brace themselves for a game of political chicken."

On September 9, back from five weeks of summer recess, this gang is ready to rumble. First issue up at bat?

The Debt Ceiling.

If Congress refuses to raise the nation's $16.7 trillion (that's trillion with a T) borrowing limit, and if they can't agree on a federal budget before September 30, the entire government could come to a sudden, grinding halt.

Though shutting down the government might sound like a good thing, it's not likely to happen. Knox predicts they will come up with their usual "kick the can down the road" solution at the very last moment and pass a temporary spending bill, solving nothing. 


Meanwhile, a recent Gallop poll reveals:

  • 7 out of 8 jobs created this year are part-time
  • 54% of Americans earn less than $30,000 annually
  • 8 million Americans have stopped looking for work
Money manager Peter Schiff says, "the government keeps telling us the economy is getting bigger, but millions of Americans are leaving the workforce. We've got record numbers of people on food stamps and part-time jobs are replacing full-time jobs. How is that consistent with a growing economy? It's not. Incomes have dropped twice as fast during the 'recovery' than they did during the recession. That's quite an accomplishment."

James Rickards, author of the best-selling Currency Wars-The Making of the Next Financial Crisis, takes it even further:
"The problem in 2008 was too-big-to-fail banks. Well, those banks are now bigger. Their derivative books are bigger. In other words, everything that was wrong in 2008 is worse today."

Much worse. In 2008 the Fed hadn't started the printing presses yet. This country is hemorrhaging  money to the tune of  $85 billion each and every month. That's one trillion (with a big fat T!) per year.

Can't bend your mind around all those zeroes? Try this:

  • a million seconds = 12 days
  • a billion seconds = 32 years
  • a trillion seconds = 31,688 years (+ change)
And that, dear friends, is longer than the existence of Western civilization.

Maybe it's time to give the gang in Washington a permanent recess.

A wise man once said: "If we can prevent the government from wasting the labors of the people, under the pretense of taking care of them, they may become happy."  --Thomas Jefferson

"Whoever loves money never has enough; whoever loves wealth is never satisfied with his income" --Ecclesiastes 5:10.

"Charge them that are rich in this world, that they be not high minded,nor trust in uncertain riches, but in the living God, who gives us richly all things to enjoy" -- 1 Timothy 6:17.

  • Fox News Channel: Both U.S. and Russian warships head for Syria, as U.S. weighs military strike; meanwhile, Iran threatens destruction of Israel if U.S. strikes.
  • Family Research Council: San Antonio proposal 1st step to banning Christians from holding public office; ordinance would prevent those who express concerns regarding same-sex marriage from attaining positions of influence.
  • CNBC: 40% of businesses polled plan to cut spouses from insurance plans due to Obama care.


  1. Thanks for this nice blog post about the prophecy.
    If you want more about Bible Prophecy please go here : Bishop Jordan - Bible Prophecy

  2. [Hi Pegge & Steve. Here's a little something found on the web. Have a response?]


    Many evangelicals believe that Christ will "rapture" them to heaven years before the second coming and (most importantly) well BEFORE Antichrist and his "tribulation." But Acts 2:34, 35 reveal that Jesus is at the Father's right hand in heaven until He leaves to destroy His earthly foes at the second coming. And Acts 3:21 says that Jesus “must” stay in heaven with the Father "until the times of restitution of all things” which includes, says Scofield, “the restoration of the theocracy under David’s Son” which obviously can’t begin before or during Antichrist’s reign. ("The Rapture Question," by the long time No. 1 pretrib authority John Walvoord, didn't dare to even list, in its scripture index, the above verses! They were also too hot for John Darby - the so-called "father of dispensationalism" - to list in the scripture index in his "Letters"!)
    Paul explains the “times and the seasons” (I Thess. 5:1) of the catching up (I Thess. 4:17) as the “day of the Lord” (5:2) which FOLLOWS the posttrib sun/moon darkening (Matt. 24:29; Acts 2:20) WHEN “sudden destruction” (5:3) of the wicked occurs! The "rest" for "all them that believe" is also tied to such destruction in II Thess. 1:6-10! (If the wicked are destroyed before or during the trib, who'd be left alive to serve the Antichrist?) Paul also ties the change-into-immortality “rapture” (I Cor. 15:52) to the end of trib “death” (15:54). (Will death be ended before or during the trib? Of course not! And vs. 54 is also tied to Isa. 25:8 which Scofield views as Israel's posttrib resurrection!) It's amazing that the Olivet Discourse contains the "great commission" for the church but not even a hint of a pretrib rapture for the church!
    Many don't know that before 1830 all Christians had always viewed I Thess. 4’s “catching up” as an integral part of the final second coming to earth. In 1830 this "rapture" was stretched forward and turned into an idolized separate coming of Christ. To further strengthen their novel view, which evangelical scholars overwhelmingly rejected throughout the 1800s, pretrib teachers in the early 1900s began to stretch forward the “day of the Lord” (what Darby and Scofield never dared to do) and hook it up with their already-stretched-forward “rapture.” Many leading evangelical scholars still weren’t convinced of pretrib, so pretrib teachers then began teaching that the “falling away” of II Thess. 2:3 is really a pretrib rapture (the same as saying that the “rapture” in 2:3 must happen before the “rapture” ["gathering"] in 2:1 can happen – the height of desperation!). Google "Walvoord Melts Ice" for more on this, and also Google "Pretrib Rapture Pride."
    Other Google articles on the 183-year-old pretrib rapture view include “X-Raying Margaret,” "Margaret Macdonald's Rapture Chart," "Pretrib Rapture's Missing Lines," "Edward Irving is Unnerving," "The Unoriginal John Darby," "Catholics Did NOT Invent the Rapture," "The Real Manuel Lacunza," “Thomas Ice (Bloopers),” “Wily Jeffrey,” “The Rapture Index (Mad Theology),” “America’s Pretrib Rapture Traffickers,” “Roots of (Warlike) Christian Zionism,” “Scholars Weigh My Research,” “Pretrib Hypocrisy,” "Appendix F: Thou Shalt Not Steal," "Pretrib Rapture Secrecy," “Deceiving and Being Deceived,” "Pretrib Rapture Dishonesty," "Famous Rapture Watchers," and "Morgan Edwards' Rapture View" – most by the author of the bestselling book “The Rapture Plot” (the most accurate and documented book on pretrib rapture history which is obtainable by calling 800.643.4645).
    PS - For some final shocks Google "The Background Obama Can't Cover Up."


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