Archive for the ‘Food shortages(Famine)’ Category
April 19, 2014 The shemitah year from Tishri 1, 2014 to Elul 29, 2015
In my previous post I mentioned about the mystery of the Shemitah video on the Prophecy Conference in Orlando Florida on March 28-29-30 of 2014 where Jonathan Chan gave a very powerful and convincing explanation of the law of the Shemitah given by God and its enforcement in the USA.
My question is why is God enforcing this law given to Israel to the USA. That he is is plain to see from his presentation. This question can also be asked of the Harbingers that were manifested with 9/11.
Is God alerting the church and the 6,000,000 million Jews living here or is he applying judgment to the world starting in the dominant power or all of the above and many more?
Nando
The Mystery of the Shemitah I by Jonathan Cahn
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All the above video are from 2012 and before the video at the conference is the last he has made till that point. He may update the you tube videos bout the subject with the new information.
Nando end
“Quantatative Easing Explained – FUNNY, short videos…time for a LAUGH…FINALLY!!” Randy (15 Dec 2012)
Randy posted this article today and if you did not have a clear understanding of the apocalyptic economic trouble the whole is after viewing these videos you are blind.
The beginning of the Apocalypse starts with the four horses of the Apocalypse and the third horse the black horse is the collapse of the economic system and famine, see below.
http://www.biblegateway.com/passage/?search=Revelation+6&version=NIV
Nando
Randy (15 Dec 2012)
“Quantatative Easing Explained – FUNNY, short videos…time for a LAUGH…FINALLY!!“
Cartoon….FUNNY!
http://www.youtube.com/watch?v=PTUY16CkS-kMortgage Backed Securities Explainedthese 2 guys are hilarious!! On Quantatative Easing !!TIME FOR A LAUGH!!TICK TOCK…YFIC,RAndy
Nando
This link is a continuation of the Cartoon… FUNNY!
http://www.youtube.com/watch?v=oGIvw7T0GPI
And this also is a must see video!!!!!!!!!!
2012 RON PAUL vs. BEN BERNANKE – 3 Brutal Rounds
http://www.youtube.com/watch?annotation_id=annotation_191664&src_vid=40hNSJEKUgo&v=hepidgw-l1w
Oct 11 2011 A vision of destructive judgment coming
A vision of sever judgment coming to the world is described in vivid detail by the Messianic Jew that received it.
Please read and take to heart the admonition that is given.
If you are in habitual and unrepentant sin consider the consequences and seek Jesus forgiveness and help in overcoming the sin you are in. Some live long habitual sins are only defeated with the surrender to the Holy Spirit for his destruction.
Yes the Rapture has not happened, but we are very close as Jim Bramlet has expressed.
Nando
http://www.fivedoves.com/letters/oct2011/jim1011-2.htm
Jim Bramlett (11 Oct 2011)
“BREAKING NEWS: The rapture hasn’t happened — YET“
Dear friends:
The other day I forwarded a Web link with an article from a lady making a biblical case that the rapture would be on the Day of Atonement (Yom Kippur), which was October 8, 2011. I wish to inform you that it didn’t happen! We are still here.
But don’t get complacent. It could happen any day. The Feast of Tabernacles is coming up October 12/13 through 20, and other significant days follow.
Don’t be like the cynics and the ignorant who are oblivious and mock efforts to discern the times, as Jesus commanded us to do. They will someday be surprised.
Scholars refer to Israel as “God’s time clock.” What happens to Israel helps us understand where we are on God’s calendar and clock. After almost 2,000 years, the nation of Israel was miraculously reborn in 1948. Even the original Hebrew language was restored. Jerusalem and the Temple Mount were recaptured in the Miracle Six-Day War of 1967. The clock is ticking. Some other reasons why we know the time is near are at http://www.jesussoonreturn.com .
Today I received a vision experienced by Israeli Jerry Golden, a Messianic Jew. The vision described an aspect of the perilous times in which we live. I have copied it below:
Jim
The Golden Report
Oct 9th 2011 1:42am
A Vision The Morning After Yom Kippur
It’s the morning after Yom Kippur and it’s 3:A.M. here in Israel (Sunday), I couldn’t sleep, the same vision kept occurring over and over, it was the presence of someone Holy had His hand on my shoulder and would not allow me to turn my head or speak.
There was what looked like millions of people all shouting and screaming in the streets, at first it was the streets of Tel-Aviv, and then it was New York, it kept changing locations but the people all had the same blank and evil appearance not knowing what it was they wanted but seemed to be obsessed and unable to control themselves.
I wanted to ask what is this and why are you showing me these things, I knew of them already I see the news and know the world is facing horrible times to come. But was unable to speak or ask any questions.
Then everything changed, and I was looking at the great suffering and I believed it was in Africa for most were black people and like the pictures often shown on TV they were covered with flies and many were dying before my very eyes, the smell was so horrible that I couldn’t breath, the sounds of torment and suffering was beyond words to describe. As I looked into the eyes of children there seemed to be emptiness and hopelessness. The mothers looked at me as if it was because of me and others like me that brought this terrible suffering on them. In their eyes I could see the sins of the whole world that had somehow fallen on them. There was a shame that swelled up inside me, I felt helpless to help these people. The One who stood beside me with His hand on my shoulder knew my every feeling and thought said there is much more for you to see.
He begin to speak to me saying, once again there is greed, fornications and adultery in the Church and in My Jewish people and the time of repentance is here but not coming forth from the people, judgment will now fall on them around the world. Once again the people of the world see a horrible evil killing millions and they still are unwilling to show any mercy. I have great patience and forgiveness but even this has limits and it is now time for judgment, and a great suffering will fall on the earth.
A time now forgotten by most when the evil spirit of the Nazis killed millions of my precious Jewish people has returned and has raised its ugly head to kill millions more. Fires like have never been seen will cover the world and millions will die, not by My hand but by the hand of the evil that has gripped the soul of mankind. For I have no part in evil, it only occurs when I am absent and I have been rejected by the Church and replaced with greed that feeds the bellies of many who call themselves Christians.
There is salvation only in My Word and My Truth, this must be found and sought after by all, it is available for those who truly love Me more than life itself. As for my Jewish people I will not forsake them, and Israel will be saved, and those who know my Word know to stand with her. The world has failed to recognize the many blessing I have sent to them through my Jewish people, instead they hate them out of jealousy. They also hate the righteousness of my Word that I also sent to them and they have perverted it in their Churches and Synagogues.
There was much more shown to me, but I know that what I am to share is only what you have now read. Possibly at a later date, I will be able to release the rest.
I am now praying for a season, to gain the courage to send this out, for it is a very hard vision and one many will reject. If you get this it means God has made it clear to me to send it out. I do so with fear and trembling.
I just re-read this vision, and had the feeling I should make some changes, but once again I dare not, and I will send it out as is.
Pray for the peace of Jerusalem, for our son Joel and all the IDF soldiers. Pray for this Ministry and your part in it.
Shalom, jerry golden
Jerry Golden
Nando
MC (18 Apr 2011) “The Financial Meltdown is Here Obama and the Classic Cloward Piven”
The articles that I am posting here clearly say what is to happen economically to this country in the next short months.
I have posted other economic news today and one is the effect of the japan earthquake in their economy and that of the world and these two articles are related to the destructive spending that has been part of the Obama administration and is about to sink the USA ship.
To Understand the first article I looked for an article to explain what QE2 and QE3 means.
Bottom line is the fed is printing a lot of money to pay for depths and it makes the value of the dollar disappear. It is a sad thing to see and the article implies that something can be done to avert this economic holocaust that is coming to this land by the people that want us a s slaves and in ruins.
The actual economics of the thing is not printing $100.00 dollar bills, but because all money is electronic in todays economy and very little is transacted in bills, even in our daily mundane lives the Fed is doing the equivalent of printing money back when credit transactions did not exist. It soon became worthless!!!!
The only way out is up in the Rapture. If you remain in here the tidal flood that is coming will surely catch up to you.
Nando
http://www.dallasnews.com/business/columnists/cheryl-hall/20101109-What-is-Fed-s-QE2-6107.ece
What is Fed’s QE2, and what will it do? Experts explain in everyday English
QE2 sounds like a luxury ocean liner. But many wonder if the Federal Reserve’s second round of “quantitative easing” would be more aptly named the Titanic.
A week ago, the nation’s central bank announced that it would buy $600 billion in long-term U.S. Treasury bonds, ostensibly to push down long-term interest rates.
This comes on top of $1.25 trillion in mortgage-backed securities that the Fed has sucked up in the last couple of years. Despite its enormity, this intervention has done little to kick the economy back into action.
I’d be staggered by the numbers if they weren’t so numbingly huge.
One of the great things about my job is that I can get private tutorials from people who actually understand this esoteric stuff. So I asked some of the sharpest minds on Federal Reserve weaponry to give me a QE2 primer.
I was surprised when a few declined the opportunity, saying they need help, too.
“I have no idea how to make a chart of this,” said Michael Poss, the economist responsible for all of Ross Perot’s famous presidential campaign graphics.
Three former high-ranking Fed insiders, two university business school deans and three investment fund managers answered the call.
“The book has not been written whether QE2 is a good idea or a bad idea,” said Sam Manning, general partner of the Blagden Fund in Dallas. “There are many highly educated, brilliant minds on both sides of the argument.”
But here are some basics about quantitative easing that just about everybody I talked with agreed on:
• Turning government bonds into circulating money is called monetizing the national debt.
• Quantitative easing is a euphemism for creating money out of thin air. In the vernacular, we call it “printing money,” even though it really has nothing to do with the U.S. Bureau of Engraving and Printing.
• The way it’s supposed to work is that the Fed buys securities in the open market, paying with a government “check.” (That’s how the money is created.) The sellers deposit those checks into their banks. The banks redeploy those deposits as loans to consumers and business. The money supply expands and, in turn, so does the economy.
Or so the theory goes.
• The money supply hasn’t increased over the last two years from the first round of quantitative easing. The trillion-plus the Fed paid for mortgage-backed securities is still sitting in vaults as bank reserves.
“The system is clogged” is how Bob McTeer, former president of Federal Reserve Bank of Dallas, described it.
• Loan demand from creditworthy borrowers remains weak. Banks are still smarting from previous bad loans. And they are leery of lending money so cheaply when higher rates may be in the offing.
• Almost no one thinks QE2 will send folks scurrying to the banks to borrow.
“It is not as though you read the headline ‘Fed to do $600 billion of QE2’ and think, ‘Oh, good, this will be good for our business,’ ” says Cece Smith, a retired venture capitalist and former chairman of the Dallas Fed bank.
“They are not going to add jobs based upon interest rates being lower. They will add jobs based upon increased demand for their products or services.”
• The likely – and intended – effect is inflation.
The Fed is worried about deflation and the psychological effect of our seeing assets such as 401(k)s, houses and stocks devalue. It’s the “wealth effect” in reverse. That’s where we’ve been since the crash of 2008.
“We’ve been flirting with deflation for two years,” says Michael Cox, former chief economist at the Dallas Fed bank. “That’s really bad for the economy. This is a carefully engineered yet somewhat desperate attempt to get money supply to rise so that prices will rise.”
The Fed’s saying that it wants to hold down long-term rates is more palatable than saying it wants to use inflation as medicine. But some fear that the cure could be worse than the disease.
Dallas investment fund manager Kyle Bass describes the policy is a sleight of hand with the soaring national debt.
“We’re trying to counter-cyclically spend. Push our problems down the road. And never face the fact that we were too leveraged as an economy,” said Bass, who expects the dollar to take a whacking. “I don’t know how many of your problems that you’ve kicked down the road ended up getting better later on. But in my life, it’s almost none of them.”
Frankly, McTeer, who is now with the National Center for Policy Analysis, thinks all this gnashing of teeth is overblown.
“Everybody’s treating this as a very unusual, draconian thing that’s extremely risky, probably won’t work and likely to have adverse consequences. I think they’re overdoing it.”
But everyone agreed that the federal government is walking a tightrope over an economic chasm.
If successful, the action will create a manageable inflation rate that could push the stock market and housing prices higher, entice businesses to go ahead with projects and banks to lend to them.
If QE2 is too successful at unleashing money, inflation could shift into hyperdrive. Then the Fed will have to engage a completely different set of steering mechanisms.
Here’s what the experts had to say.
Sam Manning, general partner, Blagden Fund
“The book has not been written whether QE2 is a good idea or a bad idea. There are many highly educated, brilliant minds on both sides of the argument.
“But if I were running the Federal Reserve of the United States of America, I would err on the side of being cautious. What we do not want more than anything else is to turn into Japan and have a deflationary spiral.”
How is buying back $600 billion in U.S. bonds being cautionary? “There is a demand for fixed-debt instruments. You’re able to print money and keep interests rates low. Supply and demand. The federal government will be able to sell its Treasury bonds every week, every month, because the Fed is going to be there to buy them. That creates demand for the bonds, keeps interest rates down low, for now, until those bonds come due.
“It could create inflation, OK?
“But that could be a good problem to have. If we have a little bit of inflation, hopefully that means the economy is growing again. People are making money. Businesses are expanding. The economy starts overheating a little bit.
“You would much rather have that problem to deal with than deflation.
“In the ’30s, people stopped spending money. There were plenty of people in the world who still had money but they wouldn’t spend it, because they were so uncertain and they thought prices were going down.
“If you put people in the position where they have no confidence and don’t want to spend money, then you create a deflationary spiral, which is much worse than having to worry about a little bit of inflation.
“If we do get inflation down the road, the Federal Reserve can always raise interest rates and slow things down.
“So [Federal Reserve chairman Ben] Bernanke is erring on the side of being cautious: Let’s have a little insurance policy to prevent a deflationary spiral, which happened in Japan. That’s turned into a disaster for the Japanese people.”
Al Niemi, dean, SMU Cox School of Business
“The Fed is trying to put downward pressure on long-term interest rates. I do not think this will be very effective in the next six months or the next year. Long-term interest rates are already at historic lows. The cost of capital is not what is holding the economy back from a vigorous expansion.
“American households lost $14 trillion in their net worth in this recession because of the drastic fall in home prices and the decline in the value of their 401(k)s. Households are not spending because they are scared and trying to replenish some of their losses. Companies are not hiring because people are not spending.
“In addition, companies do not know what is going to happen to taxes next year, and they are not sure of what the changes in health care will do to the cost of labor.
“Tinkering with long-term rates does not address the real issues that are holding the economy down, so I think quantitative easing is much ado about nothing.”
But could it become much ado about something in terms of inflation later on? “Absolutely – which is why I think we would probably be better off if the Fed did nothing at this time.”
Shad Rowe, general partner, Greenbrier Partners Ltd.
“Let’s say you had some disease that you were trying to avoid. So you took an extra dose of chemotherapy if you had cancer or extra dose of quinine if you had typhoid. You’re creating another risk, but you’re insuring that you’ve dealt with the previous problem.
“QE2 is an insurance policy.
“As my son Adam points out, the one constant theme in American history is that politicians do not deal with future problems. They deal with current problems and leave future problems to future politicians.
“The current problem is there’s money everywhere, but no one is doing anything.
“People are like quail sitting in their covey. They aren’t moving. Bernanke is trying to shake them out of the covey and fly. And they will. They can’t sit there forever getting no return on their money.
“QE2 is like a big troop of hunters and dogs coming through the fields. The covey of quail is going to flush.
“Wall Street is no longer a buy-and-hold kind of place. It’s a hedge-fund kind of place.
“If this works, I’ll tell you the direction that stocks are going. It’s up. People who are short [in the stock market] are not going to like it.”
Kyle Bass, chief investment officer, Hayman Advisors LP
“The reason they call it quantitative easing and not printing money is to obfuscate the truth as to what really is happening. The more you call it what it is, the more problematic it becomes.
“We don’t want deflation to happen. We’d like to create asset price inflation. We want home values to move up again. And then the debt write-down to the banks will be less. And we’ll go on our merry way.
“We’re trying to counter-cyclically spend. Push our problems down the road. And never face the fact that we were too leveraged as an economy.
“Unfortunately, the debt of the United States is going to grow north of 90 percent of GDP this year. The interest expense is growing exponentially. We’re going to have a much, much greater problem down the road. And unfortunately down the road is not that far away.
“I don’t know how many of your problems that you’ve kicked down the road end up getting better later on, but in my life, it’s almost none of them.
“In my household, when I spend twice what I make, I have to dial my spending back. But in this crazy world that we live in, when the U.S. is spending $3.6 trillion a year and we’re only bringing in $2.2 [trillion], we decide to spend more and fund it by printing money.”
So you think this is dangerous for the dollar? “Let’s assume my partners and I here at Hayman were Nobel Laureate chemists, and we’ve figured out a way to convert any base metal in the world into gold.
“And we make that press release. What happens to the price of gold the next day? There’s got to be some skeptics because we haven’t demonstrated that we can actually do it. But gold probably drops $100 to $200 on the announcement.
“Then we start turning lead into gold and tell everyone we’ve turned 10,000 ounces of lead into gold and say we’re going to convert more. Now what happens to the price of gold?
“That’s what the Federal Reserve is doing. They’re printing money, and a lot of it. So the dollar drops.
“If you had a hundred dollars of currency in the system, and you printed $10, you didn’t just devalue the dollar by 10 percent, you devalued it by 18 percent. There is the linear number or quantitative 10 percent. But then there’s the qualitative aspect – the market’s belief or disbelief in whether the system is working properly.
“When you look at the history of hyper-inflation, it’s not the quantitative aspect that tends to tip the scale. It’s when people start believing it’s a problem.
“You’re seeing very educated market participants having a fair amount of resentment toward the Fed for the enormity of its purchasing [of U.S. treasuries]. That’s the qualitative slip that you have to worry about.
“You’re going to see on the front page of newspapers here in the next 50 to 60 days that reads: ‘The Federal Reserve Bank of the United States becomes the largest U.S. Treasury owner, ahead of Japan and China.’
“I don’t know how the world is going to take that headline.
Where will we be a year from now? “That’s the proverbial trillion-dollar question.”
Michael Cox, director of the William J. O’Neil Center for Global Markets and Freedom, SMU
“The Fed is trying to create some inflation. That’s what the economy needs right now.
“Despite the fact that the Fed increased the base money from $825 billion to $2.3 trillion over the past couple of years, the money supply still did not rise. When the banks got that money, they did not loan it out.
“The bank reserve-to-deposit ratio jumped way up from what had been two-thirds of one percent to more than 14 percent. The bank reserve-to-deposit ratio had never been above 4.5 percent in the last 50 years.
“When the Fed ‘prints currency,’ they use that currency to buy securities typically held by commercial banks and then those commercial banks have more currency, so they have more reserves in their vaults.
“Then banks loan that money to businesses. Businesses take the money and invest in projects. Then they spend the money, and the money comes back into the bank. The money supply grows by multiples of what the Fed’s injected.
“But none of that happened over the past two and a half years.
“When the Fed printed all this currency from $825 billion to $2.3 trillion, it did not result in any increase in the money supply. In fact, it fell a little bit.
“We’ve been flirting with deflation for two years. That’s really bad for the economy. This is a carefully engineered yet somewhat desperate attempt to get money supply to rise so that prices will rise.
“It’s not that the Fed is trying to get long-term interest rates down. It sells to say, ‘We’re going into the long-term market and hold down long-term rates.’ But the real objective is to create some inflation.
“I think we’re looking at 4 to 5 percent. I told the Fed when I left a year and a half ago to create some inflation.
“If the overall price level (as measured by the consumer price index) falls by 5 to 10 percent, prices of real estate will fall 10 to 20 percent.
“When the Fed let prices fall in this recession, they essentially helped drive down real estate price throughout the country. That turned people upside-down on their mortgages, caused bankruptcies and a lot of problems.
“There’s a wealth effect on spending: The wealthier people feel, the more they tend to spend. When you reduce their wealth, you reduce their spending. You get a negative wealth effect.
“The Fed has to reverse both of those things that deflation caused. The solution is inflation.
“When interest rates get really, really low like they have recently, you get into a liquidity trap. It’s like pushing on a string. You can push the front of a string, but you can’t get the back part to move. The Fed can push currency into the economy, but they can’t get the overall money supply to rise.
“Banks won’t make loans because who wants to loan at such low rates?
“If you know rates are going up, you wait to loan money until they do. You don’t want to have money loaned out at 3 or 4 percent interest when you think next year you might get 7 or 8 percent interest.
“This is exactly the right thing to do. The solution is higher interest rates. How you get higher interest rates is inflation.
“Once the Fed pushes enough base currency into the economy, eventually you’re going to have inflation.
“It’s a slippery slope. Once you get over the hump, you have the potential for a rapid increase in money supply. Then they’ll have to pull the money back out of the economy to keep it from becoming rampant inflation.
“The $600 [billion] is a cautionary step. They can always do more later if they need to.
“Don’t get me wrong. This is the least painful but not a painless solution. It’s going to hurt people, particularly those on fixed-income pensions.
“Two years of 4 [percent] to 5 percent inflation will reduce the value of people’s pensions by 10 percent in real terms. So at most, you want this kind of policy for two years to make sure you’ve done it long enough to be firmly out of this recession.
“Then you want to cut inflation back to the 2 [percent] to 3 percent range.
“Over the 87 years, from 1939 to 2009, we had about 3.8 percent inflation coming from the Fed. If you look historically at what effect that had on the business cycle, the number of business-cycle downturns got cut by more than in half.
“The message is: A little bit of inflation cures a lot of recession. And if we’ve ever needed a cure, we need it right now.”
Norm Bagwell, chairman and chief executive, Bank of Texas
“$600 billion is not as large as the last round of easing – that was $1 trillion. But this may not be the end of this program. There could possibly be a similar move down the road if necessary.
“It looks like the Fed is trying to purposely increase inflation. The Fed is balancing the short-term risk of a double dip vs. the longer-term risk of inflation. They have chosen to risk the latter to prevent the former.
“This action can be viewed as a positive move in the short run.
“In theory, this type of move helps asset values that benefit from inflation (risk assets, commodities, etc.). Rising asset prices can actually have a positive impact on consumer confidence. The consumer is the key ingredient to getting the economy moving again.
“The lower dollar may possibly spark new business activity and exports.
“Inflation up to 1 percent is no big deal. Inflation from 1 percent to 2 percent is probably the warning zone.
“Most people believe the current economy needs some minimal level of inflation. Even with easing, the Fed appears confident that it can keep inflation in check. The Fed will need to be prepared to take aggressive action to prevent inflation from getting out of control.
“A year from now, unmanageable inflation would not have been worth the easing in my opinion.”
Cece Smith, retired venture capitalist
“First, what is it? The Fed is going to buy up to $600 billion in government bonds to further reduce interest rates and increase liquidity in the system – in other words, print more money.
“Since interest rates are already essentially at zero, they can’t use the usual methods in their tool box, so they are taking this more unorthodox approach.
“They are concerned about deflation and hope that these actions will increase inflation.
“Second, what will it do? While it will undoubtedly reduce interest rates somewhat further, I am not sure that it will have much impact.
“They also run the risk that they cannot calibrate inflation precisely, and it may end up higher than their 2 percent goal, which will cause other problems.
“If all of that will stimulate the economy and get growth going, I think it will only be at the very margin. Mortgage rates or car-loan rates may come down a little more and spur some housing or auto activity.
“Companies that are in a position to issue bonds or refinance debt will be able to do it at a slightly lower rate, which is always good, but many companies have already taken advantage of the current low rates to do that.
“There is no shortage of liquidity right now. When I think about the companies I work with, the Fed’s decision to do this is not going to be useful as a planning tool.
“It is not as though you read the headline: ‘Fed to do $600 billion of QEII,’ and think ‘Oh, good, this will be good for our business.’ I don’t think they will make decisions based upon additional easing. They are not going to add jobs based upon interest rates being lower. They will add jobs based upon increased demand for their products or services.
“The hope is that one leads to the other, but it is very indirect and more long-term. In addition, it continues to hurt savers, which no one ever thinks about.”
Hasan Pirkul, dean, UTD School of Management
“However you measure it, $600 billion is a significant amount. It will have both short- and long-term effects, particularly when you consider it as a strong signal from the Federal Reserve that they will fight the ‘double dip’ with everything they have.
“Short-term effects are more predictable than the long-term effects.
“In the short run, it will help boost the economy that is already starting to show signs of improved recovery.
“Predicting long-run effects is more complicated because it depends on what will the government as well as the Federal Reserve do. If the Federal Reserve removes excess liquidity in a reasonable manner, and if budget deficits can be controlled, we might get away with this move. Otherwise the likely long-term effect is higher inflation.”
Bob McTeer, distinguished fellow, National Center for Policy Analysis
“If you watch cable TV, you’ll hear people talk about the Fed pushing down interest rates. I don’t think that’s their main goal. Their main goal is to stimulate the economy.
“They have stated that the inflation rate has gotten too low, and they’re worried about deflation. The unemployment rate is too high. They’re worried if they get too close to zero, they’ll lose control and it will go below zero.
“I really regret them talking about getting the inflation rate up. To me, zero inflation is the ideal target.
“I don’t agree with everything they are doing. I wish they had kept their mouth shut. If they needed to pump more reserves into the system, just do it. Don’t talk about it. I don’t think they should have announced an amount like $600 billion or a timetable like the middle of next year. I sort of understand why they did.
“There are two sides on inflation. Some people have been predicting for the past two years that the Fed is creating inflation. And what has inflation done? It keeps coming down. So that side has a proven record, and it isn’t very pretty.
“When people hear about quantitative easing, they say, ‘Oh my God! The Fed’s printing money!’ Well, yeah they are, but that’s what they do. It’s not that they’re doing something so different. It’s just a matter of degree.
“They say, ‘Oh, my God! The Fed is debasing the currency! The dollar is going to weaken.’ Well maybe, maybe not.
“My big gripe is everybody’s treating this as a very unusual, draconian thing that’s extremely risky, probably won’t work and likely to have adverse consequences.
“I think they’re overdoing it. There’s nothing to fear.
“The difference today is the system is clogged. The reserves are getting into the banks, but the banks aren’t able to convert it into money for two reasons. Number one: loan demand by really credit-worthy borrowers is weak. Number two: banks are still trying to protect their capital. They are very reluctant to turn loose of their reserves.”
But it still might not shake the money loose, right? “Yeah, it’s a horse to the water thing.”
SECOND ARTICLE
http://www.fivedoves.com/letters/apr2011/mc418-1.htm
MC (18 Apr 2011)
“The Financial Meltdown is Here Obama and the Classic Cloward Piven“
Dear Doves,
I find it hard to bring such a depressing mood to the board at a time when so very many of us expect to see Jesus face-to-face soon. Terror lurks around this world seeking to trip up, catch and destroy everyone not fixing their gaze upon Jesus and His fiscal policy.
Congress has to cut spending immediately, massively, and yet using judgement. If the Debt Ceiling is increased, the Fed will just do QE3 because they don’t have any choice. They don’t have a choice because no one is going to lend them $100 Billion per month because QE2 already poisoned the well. The results of QE2 will create Hyper-Inflation this year and it cannot be stopped. See the Chart below. This is the Commodities Future Index and the first of the 6 month futures from September 2010 are just coming due, so April will start showing this in the month to month inflation numbers, of which we just had a taste in the shocking March numbers.
CRB Index for the last 6 months.. (Future Freepers Sorry, this is a snapshot URL) this post won’t make sense a month after the current date.)
The last 40 years have nothing to do with the current situation because folks had the good sense to go Ape Sh%$t when Nixon gave up the Gold Standard. What they are doing now.. the BASELESS STANDARD, the NOT EVEN GREEN ANYMORE.. standard.. heck.. it isn’t even paper. Just electrons representing lies that our children have to make real by living in bondage.
If the Debt Ceiling is increased, the Fed will do QE3 to keep Treasury auctions from failing. Something immediate and substantial needs to be done, and Congress just punted.
Some say, “If interest rates on Treasuries skyrocket then everyone, including China and Saudi will jump back into dollars with wild abandon.” But, more likely, there will be no takers for $100 Billion per month.. but the interest rates may rise anyway.. rather… it is much more likely that QE3 occurs for the same reasons as QE2 but the situation is more desperate.
The problem with that.. is that the US is deep into short term borrowing which means that the Deficit will balloon insanely the minute interest rates begin to rise..
You get into a trap, there is no interest rate high enough that overcomes the real likelihood of loss of the original principle. Equity works because it based on the analysis of the risk vs reward of appreciation or loss of the capital investment. Bond work on the assurance that the capital invested is safe, over a certain level of risk, they are considered junk because they are inherently not safe.
What foreign companies will do is use the fake dollars we have given them to purchase real US assets leaving us in an inflationary spiral and vassals in our own land. They will at some point soon, months, insist that all of our borrowing be done in their currency rather than ours and this is when our goose is cooked.
This is a story as old as Joseph, the Pharaoh and the 7 years of famine. It ended with all of Egypt in Slavery including the Israelites whom only God could save.
What is sick is that Beck warned of this 6 months ago and we just couldn’t see it back then.. but now it is obvious.. and yet we are not doing anything to stop it.
There comes a point in every PONZIE scheme where the new members cannot sustain the deal and it all comes tumbling down. Social Security is the Ponzie scheme and we all know it. It has failed we are selling our very lives and putting our children into the fire of slavery and death and oppression. This has to end worse than Greece and Obama and crowd know it and are cheering with the torches in their hands. This is the Clovin-Pevin crisis they have been working for, but we don’t have to go there willingly.
In case you have any doubt in your heart..
Goodbye, AmeriCorps. Hello, FoodStampCorps.
By Michelle Malkin • April 15, 2011 10:14 AMSo much for the new era of fiscal responsibility. The federal government’s dependency drones have been spared the chopping block. After vowing to eliminate funding for President Obama’s bloated $6 billion AmeriCorps social justice army, House Republicans retreated — and will shrink the AmeriCorps budget by a minuscule 6.7 percent.
Yes, across the Internet, the feds are recruiting AmeriCorps VISTA (“Volunteers in Service to America”) workers to apply for jobs as publicists for the welfare state. Their mission: to sign up as many people to federal food stamp rolls as possible. Because, you know, the record-breaking 12 million that have been added since Obama took office is apparently not good enough.
These people are serious and using Cloward-Piven like a Bible and they are on a mission.
First and foremost, people have been lied to and they are not ready for dealing with the reality of this. Beck and Palin see Trump’s big mouth as a distraction but people are sick of lies. I am.
It starts here first. We quit lying to ourselves. I saw the charts that I posted here this weekend and they made me sick. The guy at www.endofamerica93.com has seen this for a while.. and unfortunately decided to make this a sales pitch with a 20 minute clouded presentation at the beginning.
The crisis doesn’t come from “Bankruptcy” as Hannity keeps saying.. but the loss of “Reserve Currency Status” and the meetings are going on around the world to get this accomplished. I am sure they would like to do this without destroying the value of the dollars they already have.. but QE3 will destroy this value anyway.. so after June 2011, a crisis is assured soon no matter what if the DEBT CEILING IS INCREASED without substantial immediate and draconian cutting and a mechanism to absolutely end the deficit borrowing in 24 months.
Go outside, look around, do we love this country? If we do, we have only about 2 months to do something.
April 18, 2011 Is Japan 9.0 earthquake the cause for a future collapse of the world economy?
This video is from an organization called Colapsenet. The whole presentation is about the economic consequences that will result from the effects to Japan of the March 11 9.0 earthquake and tsunami that the country experienced and the nuclear disasters that are one of the resulting consequences.
It is obvious to see that Japan is a key player in the world economy providing machinery and electronics that are used in all modern computers equipment and machinery.
The finding of alternate sources of equipment and supplies is not possible on the short term.
Nando
http://www.youtube.com/watch?feature=player_embedded&v=KqO64-ipqAM
We Have Until July at Latest Even a Caveman Can See It COLLAPSENET
Dru (2 March 2011) “To MICHAEL COLUNGA Re: Planet X / Nibiru / Wormwood”
The current article links to the one before.
Nando
http://www.fivedoves.com/letters/march2011/dru32.htm
Dru (2 March 2011)
“To MICHAEL COLUNGA Re: Planet X / Nibiru / Wormwood“
Nov 6, 2014 Oil and the economic perils that it could bring
The price of oil and commodities like gold and silver have been going down for some time now. the reasons for this are complex, but deep down to the bottom line is that the economies of the world are in trouble and in Japan they fear deflation.
The entrance of USA shale oil in the supply market has put a glut in the market and driven oil prices down.
The book of Revelation chapter 6 gives us something to think about when it describes a scene of famine with food scarce and very expensive. The oil and the wine are also mentioned in it.
http://biblehub.com/kjv/revelation/6.htm
The Third Seal: Famine
5And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. 6And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.
Nando
http://peakoil.com/publicpolicy/u-s-returns-fire-in-saudi-arabias-oil-war
U.S. Returns Fire in Saudi Arabia’s Oil War
One day after Saudi Arabia declared war on U.S. oil producers by lowering prices in an attempt to dump cheap crude in the United States (US) market, the White House and private oil companies responded. White House spokesman Josh Earnest said that the U.S. is monitoring the global oil supply and demand situation but has no comment on whether it might look at replenishing the Strategic Petroleum Reserve. Then, later in the day, the Wall Street Journal reported that BP is going to export ultra-light crude without the permission of the U.S. government in a move that not only starts to breakdown the US export ban, but also is a direct challenge to OPEC and other producers for market share. Both of these developments temporarily gave support to the petroleum complex, but it still was not enough to overcome the perception of overwhelming supply and Bank of Japan Gov. Haruhiko Kuroda’ s prescription against the disease deflation.
Let us start with the White House comment on the Strategic Petroleum Reserve (SPR) that was obviously a thinly veiled message to Saudi Arabia. It was an attempt by the White House that they were not very happy with the Saudis price discounts and to remind them that there are steps that the U.S. can take to retaliate in the production war. Up until yesterday sources in SPR had said that the White House was actually looking into reducing the size of SPR, which currently holds about 690 million barrels by about 10 million barrels to about 590 million barrels. The need for SPR oil has been reduced because of the rise in US oil production. The Saudis feared that the U.S. dumping 10 million barrels of heavy crude into an oversupplied market would cut right into their bottom line.
Now what the U.S. may do is buy crude to offset a price collapse caused by Saudi dumping and support U.S. shale producers. It could also go further, tacking on a tax on Saudi oil, an issue that would at some point go before the world trade council. Of course, we are not there yet, but that was the message.
The Saudis other nightmare is the lifting on the U.S. oil export ban, which already is falling apart. How to define what is crude and what isn’t crude is harder as U.S. shale oil is so light in gravity it floats above the normal West Texas Intermediate scale. The Wall Street Journal reported that BHP Billiton cut a deal to sell about $50 million of ultralight oil from Texas to foreign buyers without formal government approval. The Journal says that this may “be only the first of many such moves as energy companies seek new markets and higher prices for the surge of crude now pumped in the U.S.”
If the U.S. government remains silent and uses as a loophole the high quality of oil as not fitting the definition of crude oil it will open up the floodgates and unleash U.S. shale oil into the world. The Saudis have seen the writing on the wall and that is why we are seeing these acts of pumping desperation in an attempt to save some of their threatened market share.
Yet there are also other forces driving down oil that closed yesterday at the lowest level since June of 2011 and a RBOB future that closed at a 4 year low. Central Bank Medicine! Bank of Japan Gov. Haruhiko Kuroda sent the Yen tanking and the dollar to new heights after he said BOJ is determined to do whatever it takes to hit the inflation target in two years. He went further by saying that “In order to completely overcome the chronic disease of deflation, medicine should be taken until the end,” “Half-baked medical treatment will only worsen the symptoms.” So the markets are drinking the Kool-Aid and while he may be popping up Japans stocks but it is making many commodes look sick, especially gold and silver. So if it is a war against deflation then shouldn’t commodities go up if you have the right medicine? I mean tanking gold prices don’t really signal inflation, now does it. Of course many commodities will be more expensive in Yen terms yet the base is falling. Maybe I need some of that Japanese medicine or at least whatever Gov. Haruhiko is drinking.
Fox
Nando end
Written by twelvebooks
November 6, 2014 at 12:32 pm
Posted in Apocalypse, Bible Commentary, ECONOMIC COMMENTARY, eschatology, Food shortages(Famine), political commentary, Religious Commentary, United States
Tagged with Apocalypse, Biblical Prophecy, Christianity, Prophecy, Religion