Jan 212017
 

Bloomberg: It’s tough to be gloomier than billionaire George Soros right now.

America has elected a would-be dictator as president, the European Union is disintegrating, U.K. Prime Minister Theresa May won’t last long as her nation prepares to secede from the EU, and China is poised to become an even more repressive society, the investor told Bloomberg Television’s Francine Lacqua from the World Economic Forum in Davos.

“It is unlikely that Prime Minister May is actually going to remain in power,” Soros said. She has a divided cabinet and base and Britons are in denial about the economic impact of Brexit.”

Opinion: Richard the Centurion, one of our readers, sent me a timely heads up on Mr. Soros “the word soros is a Greek word/term for the Hebrew equivalent of a funeral coffin or bier that Jews use to carry their dead to be buried. Can be also interpreted as a container or box of bones.  A case of the walking dead”

How perfect is that? The EU will be very different from the current 28 member countries, according to Bible Prophecy. George, the coffin Soros, sees trouble coming but probably not because of prophecy.

The book of Daniel calls for the EU to be divided into 10 divisions, each with a leader.

“The ten horns are ten kings Who shall arise from this kingdom. And another shall rise after them; He shall be different from the first ones,
And shall subdue three kings.” Daniel 7:24

What is so fascinating about Daniel is that all 12 chapters are written for this generation:

“But you, Daniel, shut up the words, and seal the book until the time of the end; many shall run to and fro, and knowledge shall increase.” Daniel 12:4

The knowledge that the great prophet speaks of is knowledge of the living breathing word of God. The generation that witnessed the budding of the fig tree (Israel’s rebirth) just turned 70 this year.

  • 7 is the number for completion
  • 70 is the number for Jerusalem

Israel’s will celebrate the 70th anniversary of its rebirth on May 14, 2018.

Psalm 90:10 “The days of our lives are seventy years; And if by reason of strength they are eighty years …”

Interesting times.

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In Unprecedented Move, Dallas Pension System Suspends Withdrawals

 Election 2016, Finance, US Economy, US elections  Comments Off on In Unprecedented Move, Dallas Pension System Suspends Withdrawals
Dec 102016
 

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Zero Hedge: “The fund has about $729 million in liquid assets. It needs to keep about $600 million on hand, meaning the restrictions could have been coming at some point even without the mayor’s actions. The withdrawal requests this week alone would have meant the fund would dip below that level.

Perhaps future ponzi schemes pension systems will take note of Dallas’ current situation prior to guaranteeing 8% returns on retirees’ pension balances.  Who could have ever guessed that a decision like that could have backfired so badly?

Opinion: We did. In our post from May 28, 2015 titled “Kiss your Pension Plan Goodbye” (here) we quoted Martin Armstrong: ”

“The US Supreme Court ruled last week in the unanimous, 8-page decision in Tibble v. Edison holding that employers have a duty to protect workers in their 401(k) plans from mutual funds that are too expensive or perform poorly. That is simply astonishing since there is no constitutional requirement for even government to provide social benefits.”

Your mission, Mr. Phelps, should you decide to accept it: Make pension plans viable again despite the almost $2 trillion in bond losses since the election of Donald J. Trump.

The problem, Mr. Phelps, is that government and municipal pension plans were/are pegged to an 8% return. Since November 8, 2016 most plans are hemorrhaging from bond losses while pension managers are bound to strict asset allocation models as fiduciaries, and can’t sell the bond portion of the portfolios – even if they wanted to.

The plans are heading for disaster.

Making matters worse, many participants of the plans are poor savers since the overly generous incomes are guaranteed for life based on those 8% returns. If the Federal Reserve begins a massive interest rate tightening program, bond pension plan losses will only get worse.

The next Fed meeting on interest rates is Wednesday, December 14.

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Nov 232016
 

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Breitbart: “Tuesday on MSNBC’s “Morning Joe,” Trump spokeswoman Kellyanne Conway confirmed the show’s earlier report that the incoming Trump administration will not pursue charges against his general election opponent Hillary Clinton for her use of an unauthorized email server while secretary of state and on any of the alleged wrongdoing involving her and her family’s charitable organization the Clinton Foundation.”

Opinion: No criminal charges from the FBI, DOJ, and no investigation will be ordered by the new President-elect. Bill and Hillary ride off into the sunset with an estimated $111 million personal net worth and at least $500 million in the foundation.

On October 28, 2016, during a rally in Manchester, New Hampshire, candidate for president Donald Trump said of the Clinton’s that the “corruption is on a scale we have never seen before”.

President-,Elect Trump now says “She has been through enough”.

If you want to get away with crime you need to go into politics.

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Disbelief, questions at United Nations after Trump victory

 Barack Obama, Election 2016, End Times, Israel, Jerusalem, UN, US elections  Comments Off on Disbelief, questions at United Nations after Trump victory
Nov 102016
 
Disbelief, questions at United Nations after Trump victory

Reuters: “The election of Donald Trump as the next U.S. president was met with disbelief and despondency on Wednesday among some United Nations officials and diplomats amid uncertainty surrounding his foreign policy and likely engagement with the world body. Trump, a Republican, has described the 71-year-old United Nations as weak and incompetent and threatened to

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Nov 092016
 
Election 2016: President Donald J. Trump -A Republican Senate -A Republican House

Breitbart: “WASHINGTON (AP) — Donald Trump was elected America’s 45th president Tuesday, an astonishing victory for a celebrity businessman and political novice who capitalized on voters’ economic anxieties, took advantage of racial tensions and overcame a string of sexual assault allegations on his way to the White House. His triumph over Hillary Clinton will end

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Oct 242016
 
Guest Post: Google’s Eric Schmidt Working with Clinton Campaign

Breitbart: “A document attached to a leaked email from Clinton campaign manager Robby Mook, made public by WikiLeaks, appears to show Eric Schmidt, CEO of Google parent company Alphabet, working directly with the Clinton campaign.  An attachment to the email written by Teddy Goff, a former Obama campaign Digital Director now working for the Clinton campaign, appears

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Oct 242016
 
Why Did Obama Tell Abbas To Wait Until After The Election?

Commentary Magazine: “If President Obama had no plans to use his last two months in office to launch some kind of a diplomatic initiative on the Middle East or to stick it to the Israelis and his longtime antagonist Prime Minister Benjamin Netanyahu, then why would he even mention the election? Were the U.S. to

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