THE WALL STREET CRISIS: A SOMBER WARNING By Gary Kah

[Betty]

THE WALL STREET CRISIS: A SOMBER WARNING By Gary Kah
THE WALL STREET CRISIS: A SOMBER WARNING
By Gary Kah
(NOTE FROM JAN: Gary Kah is a keen discerner of the times. He will be a part of "Understanding the Times 2009." Due to limited space, I have cut his column slightly and am emphasizing some of his astute observations and warnings.)

On September 15th, Lehman Brothers, one of this nation's oldest and most prestigious banking firms, filed for Chapter 11 bankruptcy. This represents the largest financial failure in U.S. history and will produce enormous ripple effects. It will impact our economy and markets more than any of the other negative financial developments of the past year. Why? Lehman owed its creditors a staggering $613 billion. Those parties will now be unable to regain their funds, nor spend or invest them elsewhere in the economy. The money has evaporated!

The Feds balked at rescuing the financial giant. They didn't have the funds available. They had just bailed out Fannie Mae and Freddie Mac to the tune of $200 billion the week before. Our government has also stepped in with $85 billion to save AIG (American International Group) -- America's largest insurer -- which was nearing bankruptcy. After helping AIG the Feds may have few resources left to channel elsewhere. The pot is drying up.

The government only has three options. It could raise our taxes in order to pay for these bailouts, which would extract money from the economy at a time when it needs more. It could print more currency, which would lead to hyper-inflation and an eventual collapse. Or, it could borrow even more from foreign entities -- if they are willing to loan us the money. This last option would further increase our colossal debt (currently over $10 trillion) and lead to our government's eventual bankruptcy.

The fact is our government is almost as broke as the institutions it is trying to assist. It is in no position to help. The obvious next question is, "Who will bail out the U.S. Government when it goes broke?"

Once the current system has become completely undone, I believe a new system will be proposed as the solution. It will include some form of global government based on regional economic arrangements, similar to the European Union and the proposed North American Union. Global planners have long understood there can't be a new one-world system until the old order has failed. Developments in the U.S. will most certainly impact the entire world.

Make no mistake, the current situation is very serious and will get worse. Former Federal Reserve Chairman Alan Greenspan today warned, "This is a once-in-a-century crisis."

As people increasingly feel the pinch in their pocketbooks, they will look for someone to blame for their hard times. So far, the federal government is getting the most heat. The Federal Reserve, which is responsible for many of our economic policy decisions, is especially feeling the pressure. The last two Fed Chairmen have been Alan Greenspan and Ben Bernanke -- both Jews. And some of the individuals overseeing our largest remaining banks are also Jewish. One can see the "handwriting on the wall."

I fear that with 8 million Muslims now in America, outnumbering the 5.7 million Jews, and with anti-Semitism on the rise among the general public, the Jewish people could once again become the scapegoat. History has a way of repeating itself. What is happening in America today is very reminiscent of what happened in Germany preceding the rise of Hitler. I believe it may be just a matter of time before Jews are persecuted and forced to return to Israel. The persecution of true Christians could follow on the heels.

From a spiritual standpoint, draw near to Christ and get on His agenda. Being in step with Jesus and serving Him faithfully is all that will ultimately matter. Love Him wholeheartedly and serve Him with integrity -- living blamelessly among those around you.

Remember that God is still in control and is aware of all your needs. Pursue Him, work hard, plan wisely -- leave the rest in His hands. Expect Him to do great things, even under difficult circumstances.

Gary Kah is the former Europe & Middle East Trade Specialist for the State of Indiana government. While in that position he traveled extensively overseas working closely with American Embassies on trade-related projects. He has written two best-selling books detailing his experiences and exposing the one-world/interfaith movement. His books, En Route to Global Occupation and The New World Religion, along with his popular research newsletter may be obtained by dialing 317-290-4673 or by visiting his Web site.

[TexasThunder]

Good post Betty!:iagree

[Suzanne]

:iagree Excellent post.

[light4mypath]

:iagree as well

[Betty]

thank you kindly. This scares me. I pray Jesus comes quickly.
betty

[god_chick3]

Global planners have long understood there can't be a new one-world system until the old order has failed. Developments in the U.S. will most certainly impact the entire world.

Did everyone catch this part of the article and did it make you take a step back? If it didnt then think...seems this mess has some deeper and sinister dealings at work to make sure the current economic system does collapse to push the world government and finances together more.

[mattfivefour]

I pray this warning about a wave of anti-Semitism does not come true.

However Satan hates the Jews with a special hatred. He has hated them since they were chosen in Abraham. And the full fury of his hatred has been poured out on them throughout the millennia since. So I am convinced beyond any doubt that he will turn his world against God's people— first, the Jews; and second, against true Christians.

Our security, however, is first, foremost, and above all— our God. He reigns supreme. He holds the plans of evil men in derision. Satan himself cannot stand before his power. And when the final battle comes it will be over as soon as it starts. One breath from God's lips will destroy ALL adversaries. And that is a fact without question.

We stand in the security of God's Word and its promises. We are held in the palm of His hand. He goes before us, and behind us. He surrounds us with His care. He Who calls every star by name has even numbered the hairs on our head. He knew ALL our ways before we were even conceived. Nothing can touch us but what He permits. And, for me, if He permits anything it is good in my sight; indeed, it is well with my soul. The Lord giveth and the Lord taketh away. Blessed be the Name of the Lord. Yea though He slay me, YET WILL I TRUST HIM!

"Though the fig tree should not blossom and there be no fruit on the vines, though the yield of the olive should fail and the fields produce no food, though the flock should be cut off from the fold and there be no cattle in the stalls, yet I will exult in the LORD, I will rejoice in the God of my salvation. The Lord GOD is my strength, and He has made my feet like hinds’ feet, and makes me walk on my high places." —Habakkuk 3:17-19

HALLELUJAH!!!!!!!!!!!!!!!

.............:praise...............:praise...............:praise

[god_chick3]

Beautifully put Mattfivefour

[seancole]

Hello all,

My name is Sean Cole and I'm a reporter for the public radio program Marketplace. We're a nationally syndicated show about business and finance. I'm posting this message because I'm working on a story about the end times, and the idea that the current financial crisis might be part of the prophesied tribulation that precedes the rapture. I'm looking to talk with people who hold this belief and who would be willing to be interviewed for the radio. The interview would be recorded, not live, and might last anywhere from 15 minutes to a half hour.

If you're interested, or know someone who would be, please give me a shout. I'm at scole@americanpublicmedia.org -- I'm more than happy to speak with you off the record to begin with.

Hoping everyone is well. Best to all.

Yours,

-- Sean.

http://marketplace.publicradio.org/

[mattfivefour]

Hello all,

My name is Sean Cole and I'm a reporter for the public radio program Marketplace. We're a nationally syndicated show about business and finance. I'm posting this message because I'm working on a story about the end times, and the idea that the current financial crisis might be part of the prophesied tribulation that precedes the rapture. I'm looking to talk with people who hold this belief and who would be willing to be interviewed for the radio. The interview would be recorded, not live, and might last anywhere from 15 minutes to a half hour.

If you're interested, or know someone who would be, please give me a shout. I'm at scole@americanpublicmedia.org -- I'm more than happy to speak with you off the record to begin with.

Hoping everyone is well. Best to all.

Yours,

-- Sean.

http://marketplace.publicradio.org/

Hi Sean. I'm the managing editor for a commercial television news operation in the Windsor/Detroit area ... but I spent a lot of years working for the Canadian Broadcasting Corporation. You may be in the wrong place here since you state "I'm working on a story about the end times, and the idea that the current financial crisis might be part of the prophesied tribulation that precedes the rapture. Here we believe the Rapture precedes the Great Tribulation. So I am not sure anyone here can give you what you are looking for.

If you want to PM me, do so and I'll answer what questions you may have.

[Chris]

Hi Sean. I'm the managing editor for a commercial television news operation in the Windsor/Detroit area ... but I spent a lot of years working for the Canadian Broadcasting Corporation. You may be in the wrong place here since you state "I'm working on a story about the end times, and the idea that the current financial crisis might be part of the prophesied tribulation that precedes the rapture. Here we believe the Rapture precedes the Great Tribulation. So I am not sure anyone here can give you what you are looking for.

If you want to PM me, do so and I'll answer what questions you may have.

Good points Matt. Another interesting point is that the "rapture" and the "2nd coming" are not the same events. Some people get confused and think these are the same events, but they are not. The rapture is when Jesus comes down to the clouds and calls believers to him, then takes them to Heaven.

The 2nd coming is when Jesus literally touches the Earth at the Mount of Olives. He brings the church back with him to defeat the Antichrist and then to launch the Millenium Kingdom shortly thereafter.

[Suzanne]

Matt & Chris: Those were both great replies.

[Alaska1]

trib·u·la·tion (trby-lshn)
n.
1. Great affliction, trial, or distress; suffering: Their tribulation has finally passed. See Synonyms at trial.
2. An experience that tests one's endurance, patience, or faith.

In the general sense of "tribulation" the word could apply to now or the early church or anytime in between. Just as you might say such and such is a type of antichrist does not mean "the Antichrist." The same is true of the word "tribulation" as opposed to "the Great Tribulation." Since most would agree we are in the time of birth pangs, could not this also be referred to as "the prophesied tribulation" before the rapture (not to be confused with the second coming)? Is not this just a question of semantics?

[mattfivefour]

There has ALWAYS been tribulation. The Bible tells us that. There are numerous references both OT and NT. In fact the words "tribulation" and "tribulations" occur a total of 26 times in the Bible. And only three of those times (or possibly four, depending how you interpret the reference in Revelation 2:22) is the reference to the Great Tribulation.

So, bro, on that basis I would say the birth pangs we are experiencing—and WILL experience with ever increasing frequency and violence until the Rapture—are NOT the tribulation that the Bible describes as the "Great Tribulation". So, no, respectfully it is NOT a question of semantics.

[Alaska1]

Matt,
I appreciate your articulation--you obviously know what you're talking about. I'm afraid I didn't do as well a job--I was definitely not trying to say we are in the Tribulation. (I am not in the camp of Harold Camping who believes this falacy.) My point was that Sean,
when he said "prophesied tribulation," could possibly have meant it in the other sense (trib with a small t); however, I am beginning myself to think that was a stretch. (He may not be too familiar with standard biblical terminology.) Being so new, I hope I did not appear nitpicky or unduly argumentative. I stand corrected if I am wrong.

[mattfivefour]

Matt,
I appreciate your articulation--you obviously know what you're talking about. I'm afraid I didn't do as well a job--I was definitely not trying to say we are in the Tribulation. (I am not in the camp of Harold Camping who believes this falacy.) My point was that Sean,
when he said "prophesied tribulation," could possibly have meant it in the other sense (trib with a small t); however, I am beginning myself to think that was a stretch. (He may not be too familiar with standard biblical terminology.) Being so new, I hope I did not appear nitpicky or unduly argumentative. I stand corrected if I am wrong.

No problem, bro. Just didn't know where you were coming from. Sorry. 2:

[rollo]

I took it the same way you did, Matt.