Euro Slide Part 2

The potentially shocking news keeps coming as the European Union tries to figure out what to do with Greece, Spain and others in the zone who face bankruptcy.

The European single currency is facing an 'inevitable break-up' a leading French bank claimed yesterday.
Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide 'sticking plasters' to cover the deep- seated flaws in the eurozone bloc.
The stark warning came as the euro slipped further on the currency markets and dire growth figures raised the prospect of a 'double-dip' recession in the embattled zone.

Read more: http://www.dailymail.co.uk/news/worldnews/article-1250433/Greece-debt-bailout-EU-leaders-split-euro-crisis.html#ixzz0fRDuxaQ1

Let's try and understand what may be happening here....

Could it be that Western civilization has built it's foundation on sandy soil...and now that the waves and wind have come, they could all be falling down?

Could it be that if the Euro comes apart, Japan starts defaulting and the U.S. can't sell its $4 trillion of Treasury Bonds and shows the world we are technically insolvent.....that we all may have to join forces and come up with a new currency? A one-world-currency?

Could it be that this new one-world-currency will need to be overseen by some political body that is empowered by the world.....and it will be called the "one-world-government?"

Could it be that Satan will ultimately empower the Antichrist to sit in power over this one-world-government?

Could it be that an order will be given by the one-world-government that all people on earth will soon need to take a special mark (bar-code?) in order to buy or sell anything?

Could it be that the Bible foreshadowed this coming time thousands of years ago and has been diligently warning us to watch for these coming days of evil?

Lord....forgive us our trespasses as we forgive others...and save us from this time of evil.

Euro Slide

We have talked and written much in the past 3 yrs about the slide of the U.S. economy, the U.S. dollar and the U.S. government. No doubt all this negative talk has left folks wondering where the heck we should leave our last bit of earthly treasure so we can buy milk, eggs and gasoline until Christ returns.

Of course we can't move on here without echoing the words of Christ...who told us to store up our treasure in heaven where moth and rust will not destroy.

Amen! And it should be a constant challenge to us all to constantly evaluate where our real treasure is. If we looked at our check books...would we discover we spent more on vacations and entertainment than we did on the Kingdom? Did we spend more on mortgage payments last year than we did on the Kingdom?

Jesus reminds us to look in our checkbook registers because, "Where your treasure is, there also is your heart." Wow. Does that mean I care more about my house than I do about the Kingdom? Did we spend more on caring for our horses than we spent on the Kingdom?

But we still need milk, eggs, mortgage payments and gasoline....so what's a Child of the Light supposed to do? Should we invest it all in Europe, China, India,......Israel?

Not so fast. Europe is having its own serious problems as Greece, Spain and others face bankruptcy....investors are running from the Euro currency...and back into the relative safety of the U.S. dollar.

FRANKFURT—The prospect of prolonged economic malaise in Europe's most debt-laden countries could undercut the continent's economy as a whole and linger for years, economists warn, even if European officials manage to solve Greece's immediate funding crisis.
Massive interest payments that countries such as Greece must make to service their debts will likely constrain spending in other areas that could help boost their economies.
Meanwhile, investors may balk at buying government bonds without a hefty premium that would saddle the countries with even more debt. The countries can't devalue their currencies to help cope, as they could before joining the euro zone with its shared currency.
Their continuing struggle could weigh on investors' views of other countries of the 16-nation bloc that carry heavy debt.

Read about Europe's bankruptcy and confidence problems here; http://online.wsj.com/article/SB20001424052748703382904575059543284356382.html

It has dawned on me over the past few days that, yes, certainly, America is in decline.....but most of the rest of the world is also in serious decline. So really we need to ask ourselves where the BEST-LEAST-WORST-PLACE will be....so we can best care for the talents (resources) that the Lord has entrusted to us...so we can care for our families.

How about if we looked to the Bible for some guidance? What do we know with certainty from the Word of God?

One thing for sure....Israel is going to come into great wealth before the Tribulation...so maybe we should look to hold some money in Israeli shekels or invest in some Israeli stocks and bonds?

Secondly, Paul tells us that the Holy Spirit acts as "a restrainer" which holds back the dark forces of evil....until the Restrainer is withdrawn during the Rapture of the Church. So maybe we should look at the countries of the world that have the highest levels, per capita, of Folks who are indwelt with the Holy Spirit?.....in other words, where is the highest focus of Children of the Light?

You guys can start thinking about that....start Googling that and start praying about that. Please share with me any insights you can come up with...but I am guessing that as pathetic as the U.S. has become in it's worship of Mammon....we may be sitting in one of the top BEST-LEAST-WORST-PLACES...in which to watch the world come apart.

How's that for some backward good news? Do you feel a little better now?

Fathers of the Nephilim

Many have heard our discussions about the Nephilim that the Bible mentions in Genesis 6. For those who are new to this discussion, I will give you a quick explanation.

In Genesis 3, God curses man for sinning and also curses Satan and tells Satan that one day a human being will crush his head...which means he will be destroyed by a human being. Once Satan heard this he started a campaign to destroy and/or corrupt the flesh of men. So he sent some rank of his fallen angels that were capable of having intercourse with women....and the result was the Nephilim. They were some sort of mutant beings that were very large. Goliath was the most famous one.

The reason God destroyed the earth with a flood was because all human flesh had been corrupted and was leading them to do intense evil. But God always keeps a remnant...and Noah and his family were that remnant and they were the family that kept the pure human DNA...that eventually led to Jesus Christ who defeated Satan on the cross and will come again (soon, I hope) to first cast Satan into the Abyss for 1000 years...and then will bring him out for a little while and crush his head once and for all.

Lest you think I am making this up, I have found a set of talks for you to listen to by Chuck Missler. Chuck is a big time prophecy guy and borderline genius when it comes to understanding science, quantum physics, etc...

Here is the site; http://www.khouse.org/6640/CD010-3/

I would suggest listening to part one first....Fathers of the Nephilim. Also I would suggest having your Bibles and a highliter ready to go, because if you haven't connected the dots yet on these amazing passages....you may not be able to fully understand what may soon be coming for planet earth.

As Jesus said, "As it was in the days of Noah...so shall it be at the coming of the Son of Man." Matthew 24

Earthquake in Illinois

We know that a huge fault lies along the Mississippi. It last broke in in 1812 and created a 8.0 earthquake that killed hundreds and changed the course of the Mississippi.

Is it strange that Haiti hadn't had a severe earthquake for 200 years?

Is it strange that 1812 was almost 200 years ago?

Is it strange that Chicago was awakened by an earthquake yesterday?

http://www.csmonitor.com/USA/2010/0210/Illinois-earthquake-third-to-rattle-upper-Midwest-since-1999

Is it interesting that Jesus said in the Last Days there will be earthquakes in various places?

Here Come the Ishmaelites

On Sunday we spoke about all the players of Psalm 83.

Yesterday, we posted the news that Lebanon (Gebal) has agreed to ally themselves with Hezbollah (Tyre) and Syria (Assyria)...if war breaks out with Israel.

Now today we have Saudi Arabia (Ishmaelites) throwing themselves in with the anti-Israel group.

According to Ahlul bayt News Agency, (ABNA), the Saudi government on Monday urged the international community "for taking a firm stance on the issue of Israeli threats against Lebanon, Syria, and the Palestinians."

Read it here; http://www.abna.ir/data.asp?lang=3&id=178417

Would Saudi Arabia be part of the Psalm 83 coalition? That one is obvious...of course they will!... because the Bible says so!

The better question to ask ourselves is....are we really seeing the makings of Psalm 83....or is this just one more day of Arabs hating Jews...and loudly saying so?

Now lets watch and see if Jordan (Ammon and Moab) continues to chatter war talk with Israel...or if the Haggrites (border people of Egypt) start banging a war drumb with Israel.

Personally, as I look at all the other Biblically significant signs taking place on planet earth....I have to believe that what we are witnessing is the near beginning of Psalm 83.

What do you think?

Psalm 83 Forces Continue Building

We talked about all the name players of Psalm 83 on Sunday at adult ed. For those who read this blog but weren't there, I will repeat that Ammon and Moab are now called Jordan. Tyre is in Southern Lebanon where Hezbollah terrorists are ramping up for for war. And Gebal refers to Northern Lebanon.

From the headlines today...it appears that Gebal has just signed on to the coalition to fight Israel.

Lebanese PM: We'll back Hezbollah if war with Israel breaks out

In BBC interview, Hariri says Israel making a huge mistake by 'threatening' Lebanon, Syria. 'We will stand against Israel. We will stand with our own people,' he says

Read it all here; http://www.ynetnews.com/Ext/Comp/ArticleLayout/CdaArticlePrintPreview/1,2506,L-3846910,00.html

Keep looking to the skies folks....because Jesus clearly said, "When you see all these things begin to happen...then know that I am close."

Irony

One definition of "irony" might be when a Washington D.C. Senate committee on global warming gets cancelled because of snow.

EPW HEARINGS POSTPONED DUE TO WEATHER

- The Senate Committee on Environment and Public Works will hold a hearing entitled, "Global Warming Impacts, Including Public Health, in the United States."

See it here; http://epw.senate.gov/public/index.cfm?FuseAction=Minority.Blogs&ContentRecord_id=b3e826ad-802a-23ad-45b8-8fa00c661d62

Thanks Julie E. This one made me laugh.

Gold Loses Safe Haven?

We have talked much about gold....because the world is talking much about it.

The investors of America seem to be running around like sheep in a herd...with a sheep leading them.

First they ran into tech stocks believing they would make tons of money...when that collapsed they were told that stocks weren't stable so they should invest in real estate....when that collapsed they were told they should invest in gold since gold "has never been worth zero".

You can almost guarantee that people will lose their shirts in this "sure thing" as well....and it may be starting.

Here is the headline;
Gold Loses Safe-Haven Status For First Time in History

We like this headline for prophetic reasons since it says, "First time in history"....seems lots of things are happening for the first time in history.

Read it here; http://www.cnbc.com/id/35255208

Also notice this paragraph from article;

So is there nowhere to hide? Municipal bonds, traditional tax and turmoil havens, may be risky here because of the threat of downgrades by rating firms based on the coming tax shortfalls across the nation from Los Angeles to Harrisburg, Penn.
Rating downgrades could trigger forced selling by institutional holders in these bonds, seriously weighing on the prices of these bonds and hurting your returns.
Bonds backed by the full faith and credit of the United States government seem to be doing ok,...

There is that prophetic phrase again...."full faith of U.S. Government". What happens if that faith vanishes?

Boomers Bankrupt S.S.?

The article posted below builds on the headline we talked about during adult education last Sunday.....the unsustainable Social Security system.

Of course the "experts" say there is currently a surplus in S.S. and it won't start paying more than it takes in until 2017. But ask a simple question; is that money really sitting there in the bank ready to draw down on?...or is the "surplus" really just a bunch of $00 (zeroes) sitting on a spread sheet that really are just paper I.O.U.'s issued by the Federal Government?

As the record federal budget deficit draws increasing scrutiny from Washington to Wall Street to Main Street, deficit hawks may take aim at entitlement programs including Social Security.
And, the nearly 80 million Baby Boomers phasing into retirement will set in motion a dynamic that—if not addressed by Congress—could result in the next generation getting fewer benefits.

Also, this article talks about the "bargain" that current retirees are receiving.....in that they only paid in 2-3% of salary over their working careers....and now workers are forced to pay in 3 time that much simply to keep retirees in the benefits their generation voted themselves.

You can read it here; http://www.cnbc.com/id/34941334

It's sad that we have put together numerous schemes in an attempt to believe that we have 100% security...no matter what. But God tells us that all the schemes of man will one day be torn down...because they are all corrupt.

Persia Warns the West

Not only has Persia (Iran) ignored the world...it now seems intent on warning the world that it is going to have some great show of force on February 11.

TEHRAN — Iran's all powerful supreme leader Ayatollah Ali Khamenei said on Monday that the 31st anniversary of the Islamic revolution would be a "punch" to the world's "arrogant" powers that would stun them.
"The Iranian nation, with its unity and God's grace, will punch the arrogance (Western powers) on the 22nd of Bahman (February 11) in a way that will leave them stunned," Khamenei, who is also Iran's commander-in-chief, told a gathering of air force personnel.

Read it here; http://www.google.com/hostednews/afp/article/ALeqM5g0BBhSbO2gAqYqxblvEw6QQ-HCwQ

I can tell you one thing...if they pop off a nuclear bomb....that mushroom cloud would go off like an alarm bell in Israel...and maybe the world will finally realize that Iran really does want a nuclear bomb.

Also as long as we are speaking of Iran....one of the factors that Israel is watching is the Iranian air defense system. Currently, the system is pretty weak and Israel feels confident that it could penetrate it fairly simply with its bombers.

However, they know that Iran is trying to install a new system that they have purchased from Russia. We have posted about this in the past.

Now Iran is saying they have a new system which will soon be installed.

TEHRAN (Reuters) - Iran will soon unveil a domestically-made air defence system with at least the same capability as Russia's S-300 anti-aircraft hardware, an Iranian air force commander was quoted as saying on Monday.
Last month, Russia's state arms trader declined to say whether it would go ahead with the sale of S-300 to Iran, which could protect the Islamic Republic's nuclear facilities from air strikes.
Iranian officials have expressed growing irritation at Russia's failure so far to supply the missile system, which Israel and the United States do not want Tehran to have.
"The only equipment we wanted to import from abroad was the S-300 ... which Russia, based upon unacceptable reasons, has not delivered yet," the official IRNA news agency quoted commander Heshmatollah Kassiri as saying.
"In the near future, a new locally-made air defence system will be unveiled by the country's experts and scientists which is as powerful as the S-300 missile defence system, or even stronger," he said.

Read it here; http://in.reuters.com/article/worldNews/idINIndia-45987720100208?pageNumber=1&virtualBrandChannel=0

So do they have the system....or don't they? If you were Israel and knew that the clock was ticking every single day as your mortal enemy continues to work on your annihilation....what would you do?

Remember, Israel might choose to launch an attack against Hezbollah in Lebanon and/or Syria....since both of those enemies are fully supported, bought and paid for by Iran. This would be like punching Iran in the gut and sending a severe message without actually attacking Iran directly.

If this does happen, it could quickly set in motion Psalm 83...which would then set the table for Ezekiel 38.

Pray for the peace of Jerusalem....just as the Bible tells us to.

Persia Ignoring the World

We have been trying to find a peaceful solution to Persia's insistence that they have nuclear plans. Just when we think we have made progress...we find they have been lying to inspectors. This game of, "We will cooperate", followed by countless lies and deception has been going on for a few years.

The latest round of cat and mouse continues today with this headline;
Iran to build 10 nuclear plants, beef up military

Reporting from Beirut — Iranian officials trumpeted new nuclear and military ambitions Monday in the face of domestic political discord and stepped up international talk of tightening economic sanctions against the Islamic Republic.Ali Akbar Salehi, head of Iran's Atomic Energy Organization, announced that Tehran has informed the United Nations' nuclear watchdog that it intends to launch construction of 10 new nuclear fuel plants in the Persian calendar year starting March 2010 and begin producing 20% enriched uranium to provide fuel for a Tehran medical reactor.

Read it here; http://www.latimes.com/news/nation-and-world/la-fgw-iran-nuclear9-2010feb09,0,4196757.story

What day will it be that Israel or the U.S. finally says, "enough" and the military is launched?