Oct 162014
 

plungeZero Hedge: “The last time the stock market reached a fevered peak and began to wobble unexpectedly was August 2007. The proximate catalyst back then was the sudden recognition that the subprime mortgage problem was not contained at all, as Bernanke had proclaimed six months earlier. The evidence was the surprise announcement by the monster of the mortgage midway – Countrywide Financial – that it would be taking huge write-downs on its $200 billion balance sheet.”

Opinion: The stock market is the only place on earth that when it is holding a sale, people sell, instead of buy. There seems to be some panic going on and although I get that people love to buy stocks when they are going up, I have never understood why anyone would trust the new stock market (my name) that is being inflated with printed money.

That is new. Quantitative Easing (QE) began in 2008. That means that the US Treasury printed money to buy back its own debt so that interest rates would stay low.

Ironically, the Federal Reserve chose October, known as a month when famous crashes have happened, to end the money printing scheme.

It absolutely cannot end well. If the stock market keeps dropping, the Federal Reserve will undoubtedly begin another stimulus scheme, but probably under a different name.

They should call it the plunge protection team (PPT).

We are 3 weeks away from an election, and that means anything goes. Lies, deception, followed by more outright lies and deception are unfortunately the new world order … perilous times indeed.

We know who is in charge. We know where our real treasure is (Matthew 6:19-21), and He told us what to do ” Go and Make Disciples …” Matthew 28:19-20.

 

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Oct 072014
 

The New American: “As Pastor Jim Garlow was finishing his sermon (Sunday) to 2,000 of the faithful at his Skyline Church east of San Diego, he exhorted them to oppose Republican Carl DeMaio, who is running for the House of Representatives. He is against DeMaio, not because he is a homosexual, but “because of his activism against certain things.” Garlow explained:

I want babies protected in the womb. I want marriage defined as one man, one woman. You can’t have the advancing of the radical homosexual agenda and religious liberty at the same time. One will win, one will lose.

And then he added this: “If a member of the IRS gets this sermon, or is listening, sue me!”

The Johnson Amendment: “Proposed in 1954 by then-Senator Lyndon B. Johnson in retaliation for churches in Texas exposing the dark side of his candidacy, the Johnson Amendment was adopted with this chilling invasion of First Amendment rights:

Under the Internal Revenue Code, all Section 501(c)(3) organizations are absolutely prohibited from directly or indirectly participating in, or intervening in, any political campaign on behalf of (or in opposition to) any candidate for elective public office.

Contributions to political campaign funds for public statements of position (verbal or written) made on behalf of the organization in favor of or in opposition to any candidate for public office clearly violate the prohibition against political campaign activity.

Violating his prohibition may result in denial or revocation of tax-exempt status and the imposition of certain excise taxes.”

pastors

Opinion: The atheists are coming. The Freedom From Religion Foundation (FFRF) filed suit against the IRS in 2012 demanding that the federal agency investigate, but the intention is to retaliate.

The FFRF knows that thousands of small churches and many large ones would fail if their tax exemption were to disappear. Mortgage payments, salaries and various fixed costs would decimate fragile balance sheets leaving many small communities with empty buildings where church communities once worshiped.

But the atheists will fail in the end. Galatians 6:7 teaches that “God is not mocked: for whatever a man sows, that shall he also reap” and that we can count on.

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Oct 042014
 
Panetta Reveals Obama Ideology, Incompetence On Iraq

Investors Business Daily Op-Ed: “Making the right decision about U.S. troops in Iraq was one of the centerpieces of both of Obama’s presidential campaigns. The London Telegraph’s Tim Stanley in August even tweeted an Obama 2012 campaign ad entitled “The Choice On Iraq.” The caption under a photo of Obama and Vice President Biden read:

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Aug 272014
 
Did Qatar pay ransom for release of US journalist Peter Curtis?

The Telegraph: The sudden and unexplained release of the American photojournalist Peter Theo Curtis at the weekend has raised fresh questions about the role of Qatar in funding terrorism and broking the payment of multi-million dollar ransoms for western hostages held by Islamist terror groups in the Middle East. The US government and the Curtis

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