Debt Fears

We have been explaining to many Americans how exactly the Federal government borrows money. Sadly, most of us have absolutely no idea....and simply assume that someone else does...and that they have our best interests in mind...and that everything will work out for the best.

Yesterday, we hypothesized that if the U.S. continues to pressure Israel to not build homes in Jerusalem that our housing market could crash making it harder for America to build homes.

How are these first two statements related?? Let's look at today's Wall Street Journal and see.

A sudden drop-off in investor demand for U.S. Treasury notes is raising questions about whether interest rates will finally begin a march higher—a climb that would jack up the government’s borrowing costs and spell trouble for the fragile housing market.

For months, investors have focused their attention on the debt crisis in Europe, but there are signs the spotlight is turning to the ability of the U.S. to finance its own budget deficit.

This week, some investors turned up their noses at three big U.S. Treasury offerings. Demand was weak for a $44 billion 2-year-note auction on Tuesday, a $42 billion sale of 5-year debt on Wednesday and a $32 billion 7-year-note sale Thursday.

The poor demand, especially from foreign investors, sent the bonds’ prices sharply lower and yields higher. It lifted the yield on the 10-year note to 3.9%—its highest since last June, and approaching the psychologically important 4% mark. That mark has been pierced only briefly since the financial crisis in 2008.

Investors’ response marked a big shift from auctions in recent months in which major foreign buyers, such as central banks, had snapped up Treasurys. It could spell trouble for the U.S. housing market; the rates on many mortgages are linked to the yield on the 10-year note.

See it here; http://online.wsj.com/article/SB20001424052748704094104575144244213486742.html

Remember, when the Federal Government is out of money, they tell the Treasury to sell Treasury bonds and then put the sale proceeds in the Federal checkbook. The Treasury sells bonds at auction. They will be attempting to sell over $4 trillion in Treasury bonds this year.

Ask yourself a very simple question....what happens if no one shows up at the auction? You can see by the bold above that demand is already falling from foreign investors.

Even a 10 year old would understand that if you had an auction to sell household furnishings and no one bid on your table lamp....then the lamp is worthless.

Why is it that the smartest people in the world, who are our leaders in government, are failing to see the obvious?

Now back to Israel.....if rates keep going up, we might not build a house for a very long time in America.....just like we are demanding the Jews to quit building in Jerusalem.

Obama and Pharaoh

We know the Obama is the least popular president in Israel since Israel was reborn. Why??

Below I will post a short article from a Jewish shop owner I met in Jerusalem who is a trained Rabbi. He makes the connection between Obama and Pharaoh and believes that just like Pharaoh's heart was hardened....so has Obama's.

1) President Obama and the Hardened Heart
Moshe Kempinski

President Barak Obama and his hirelings want to topple Prime Minister Netanyahu and his duly elected government and thereby impose his own hegemony and rulership over these nasty little Jews who keep getting in the way. He is not the first who has tried to do that but he may be one of the last.

We learn in the Biblical text how Pharaoh and his people were punished. In truth that very punishment seems to be unwarranted. The text also tells us that G-d hardened Pharaoh’s heart;
But HaShem hardened Pharaoh's heart, and he did not let the children of Israel go. (exodus 10:20).

If that was consistently so then how could the All-Just G-d punish Pharaoh for decisions he made influenced by the heart that was hardened by G-d Himself? Our sages describe that in fact the influence on Pharaoh’s decision making came from a different source. It would have been the plagues, that were inflicted one after another that would have obliterated Pharaoh’s power of free choice. If any other human had experienced one example after another of G-d's complete control over nature and the heavens, they would not have the power or will to make any decision based on free choice. G-d hardened Pharaoh’s heart so that his power of free choice would in fact be returned to him. He hardened his heart so that the plagues which rained on Egypt would continue to impact Egypt , the world and history. Yet they would not influence Pharaoh .As a result the choices he made were still freely taken. It was these choices that he was punished for.

The same phenomenon is occurring with US president Obama. Right before his eyes and the eyes of the world, prophecy and history are beginning to transect and collide.

" Therefore prophesy, and say unto them: Thus saith HaShem G-d: Behold, I will open your graves, and cause you to come up out of your graves, O My people; and I will bring you into the land of Israel".(Ezekiel 37:12)

Out of the camps of death and darkness a battered and skeletal people arrived on the shores of an ancient land. Most of those in the world still accustomed to talking about miracles in the past or future tenses did not recognize the beginning of a new era.

"Fear not, for I am with thee; I will bring thy seed from the east, and gather thee from the west; I will say to the north: 'Give up,' and to the south: 'Keep not back, bring My sons from far, and My daughters from the end of the earth; "(Isaiah 43:5-6)

They came from the cemeteries of Europe and they continued to come from the southern shores of Yemen. In time they traveled from northern Africa and were slowly gathered from the west and left the villages of Cush and escaped the iron curtain in the land of the north. Yet most of the world watched and thought how the phenomenon was interesting but so unlike what they were expecting of the miraculous events still to come. Unused to seeing miracles in the present they minimized these dramatic events and continued to miss the unfolding of the era.

Then the words of psalm 122 begin to blossom into reality in the summer of 1967.

A Song of Ascents; of David.I rejoiced when they said unto me: 'Let us go unto the house of HaShem.' Our feet are standing within thy gates, O Jerusalem; Jerusalem, that is built as a city rebuilt together( psalm 122:1-3)

A city torn asunder is brought back together. Jerusalem suddenly regains its stature as the eternal undivided capital of the Jewish people.

It was now getting very difficult to ignore the miraculous journey of this much maligned people. It is getting harder to avoid the instances of Divine intervention in the unfolding history of this people. The Jewish people were being forced to think, dream and anticipate differently than they had been during the two thousand years of exile.

" There will yet be a time when old men and old women will lean on their canes and children will play in the streets of Jerusalem",and children are again playing in the streets of Jerusalem

G-d also declares to the vineyards and orchards in the book of Ezekiel " mountains shoot forth your branches , give forth your fruit ,for My children are coming home" ( Ezekiel 36) A barren land that lay desolate for generations is beginning to bloom and blossom.

All this is happening and President Obama's heart has obviously been hardened. The unfolding of what has been declared in ancient days does not even touch his soul. Yet that decision of his to ignore the signs has been undertaken out of free choice. That come from a hardened heart and as a result those decisions will have implications.

There was a popular song for some of the other difficult days in Israel's history whose refrain went " We have withstood and passed over Pharaoh , we will do the same today" That is true of the people of Israel but I'm not so sure about President Obama and the name that he wants to impart to human history. It would be well advised for him to learn to soften his heart and become part of the “plan”
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Friends...what this Jew in Jerusalem is saying is VERY prophetic. As Obama continues to ignore the signs of current events colliding with Biblical prophecy....the difficulties will continue to increase on the U.S. government and the people that it governs.

What will it take for the USA to open it's eyes??....water turned to blood?....a plague of frogs?....the death of every first born??

Please continue to pray for Obama and this country....just like we would have prayed for Pharaoh, had we been there.

"It's Not Good"

Joel Rosenberg (bestselling author) was at the speech that Netanyahu gave a few days ago in Washington to AIPAC and has been closely following the Obama and Nehanyahu meetings.

Sounds like lot's of pressure being applied to Israel. We in America better hold on tight....because God may start applying more pressure to us.

"The day of the LORD is near
for all nations.
As you have done, it will be done to you;
your deeds will return on your own head." Obadiah 15

(First posted: Washington, D.C, March 24, 2010, 9:35pm eastern. Updated at 8:15am, March 25) – What in the world was going on behind the scenes of the Obama-Netanyahu meetings? Why were the talks so tense, and so shrouded in secrecy? Wednesday night, I was able to gain some clues. It’s not good.

The Obama administration has been applying intense and unprecedented pressure on the Netanyahu government to make huge unilateral concessions to the Palestinians even before direct peace talks begin. One advisor who has been briefed on the talks told me: “President Obama is insisting that Israel sign a document that specifies Israel’s commitment to a peace deal with the Palestinians that will be based on 1967 lines. This means no building in Jerusalem, and a time table to address other core issues, like the ‘right of return.’” The source, one that I trust a great deal, also noted that President Obama spoke by phone in the last 24 hours with German Chancellor Angela Merkel, French President Nicolas Sarkozy, and British Prime Minister Gordon Brown to make sure each of them are on board with pressuring the Israelis to make such unprecedented unilateral concessions. The White House apparently wants the document to become the blueprint for final status negotiations, even though the Palestinians refuse even to come to the table and sit down face-to-face with Israeli leaders, including Netanyahu.

See Rosenberg's blog here; http://flashtrafficblog.wordpress.com/

I wonder....if we start telling Israel they can't build houses anymore......if America's housing market will continue to crash so that we won't build houses anymore?

I wonder....if we demand that Israel split Jerusalem and order that they give some part of it to the Palestinians for their capital.........if God could split America in civil war or could split her in half by shaking the New Madrid fault that runs through the center of America?

"But Dennis," some will say, "God would never do that to us.....He is a God of love!"

To which I would respond that they read their Old Testaments and see evidence of God's wrath and then remember the promise of God.....HE NEVER CHANGES!

Psalm 53

This is a great Psalm to read as we look around us today and witness the insanity of man.

Psalm 53

1 The fool says in his heart,
"There is no God."
They are corrupt, and their ways are vile;
there is no one who does good.
2 God looks down from heaven
on the sons of men
to see if there are any who understand,
any who seek God.
3 Everyone has turned away,
they have together become corrupt;
there is no one who does good,
not even one.
4 Will the evildoers never learn—
those who devour my people as men eat bread
and who do not call on God?
5 There they were, overwhelmed with dread,
where there was nothing to dread.
God scattered the bones of those who attacked you;
you put them to shame, for God despised them.
6 Oh, that salvation for Israel would come out of Zion!
When God restores the fortunes of his people,
let Jacob rejoice and Israel be glad!

It would sure seem that Obama and Hillary should pay close attention to verse 4-6.

Samuel Adams

I ran across this quote from one of our forefathers.

“If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” – Samuel Adams

Many of us today think we are so much smarter, so much wiser than those simple men of a few hundred years ago. But the more time you spend reading what these guys said...the more you will come to the conclusion that they were A LOT SMARTER THAN WE ARE TODAY.

Seeds of Civil War

The mood in America is getting ugly. Health Care legislation signed into law by Obama yesterday has simply added to the anger that many are feeling as they watch the Federal Government reach for more power and more control.

Now here is a connection to watch....if Obama and team actually pressure/force/strongly suggest...that Israel give up part of Jerusalem so the Palestinians can use it for their future capital....it's possible that our country may also be split. And a civil war would be one way to split it good.

Remember the Bible says that it won't go well for those who divide Jerusalem. God calls that Holy city the, "Apple of My eye". And Obama and Hillary seem more and more comfortable these days sticking their fingers into God's eye.

So, where is some evidence that a rebellion could be taking shape?

The first one is that the states are getting serious about their own gun laws and are passing legislation that will make it illegal for a Federal gun law to over ride the individual laws of the state. And the language in them is VERY rebellious....even threatening to arrest any Federal Agent that would show up in their state attempting to enforce Federal gun laws. Wow.

A fifth state – South Dakota – has decided that guns made, sold and used within its borders no longer are subject to the whims of the federal government through its rule-making arm in the Bureau of Alcohol, Tobacco and Firearms, and two supporters of the growing groundswell say they hope Washington soon will be taking note.

South Dakota Gov. Mike Rounds has signed into law his state’s version of a Firearms Freedom Act that first was launched in Montana. It already is law there, in Tennessee, Utah and Wyoming, which took the unusual step of specifying criminal penalties – including both fines and jail time – for federal agents attempting to enforce a federal law on a “personal firearm” in the Cowboy State.

See more here; http://statesmansentinel.com/2010/03/rebellion-in-america-heats-up-as-5th-state-exempts-guns/

Let's remember that the last Civil War in America was NOT FOUGHT OVER SLAVERY....as most Americans think...but instead was fought over state's rights vs. federal rights.

More evidence to watch is how the manners and protocol seem to be breaking down amongst Americans. The name calling is really starting to grow as the divide widens between right and left.

In today's headlines we can see the news that some Tea Party protesters were verbally abusing Congress as they walked by heading for work.

Abusive, derogatory and even racist behavior directed at House Democrats by Tea Party protesters on Saturday left several lawmakers in shock.

Preceding the president's speech to a gathering of House Democrats, thousands of protesters descended around the Capitol to protest the passage of health care reform. The gathering quickly turned into abusive heckling, as members of Congress passing through Longworth House office building were subjected to epithets and even mild physical abuse.

A staffer for Rep. James Clyburn (D-S.C.) told reporters that Rep. Emanuel Cleaver (D-Mo.) had been spat on by a protestor. Rep. John Lewis (D-Ga.), a hero of the civil rights movement, was called a 'ni--er.' And Rep. Barney Frank (D-Mass.) was called a "faggot," as protestors shouted at him with deliberately lisp-y screams. Frank, approached in the halls after the president's speech, shrugged off the incident.

But Clyburn was downright incredulous, saying he had not witnessed such treatment since he was leading civil rights protests in South Carolina in the 1960s.

You can see this here; http://www.huffingtonpost.com/2010/03/20/tea-party-protests-nier-f_n_507116.html

The lines are going up....the divide is growing. This will simply continue getting worse as the Federal Government continues racing us towards bankruptcy....and the liberals continue to insist that more unsustainable programs be put in place because they believe, "It is the right thing to do."

Question to liberals who support bloating the Federal Government.....is spending money today and sending the bills down the road 30 years so you can have the things you want today but put your kids and grand kids on the hook to pay for them...is that also, "the right thing to do."???

Credit Rating Dropped

Do you want some more foreshadowing? Portugal got it's credit rating dropped from AA to AA-

See it here; http://www.marketwatch.com/story/fitch-downgrades-portugal-to-aa-2010-03-24?reflink=MW_news_stmp

Some will say, "What does that have to do with anything?"

Think about a guy who owed $50,000 and had an agreement with the bank to pay 5% interest per year and then pay the entire $50,000 back at the end of 20 years.

He would pay $2500 per year in interest.

Now let's assume that the bank said, "As long as you stay at a AA rating, we will leave your interest rate at 5%....but as soon as your credit rating drops, the interest rate will rise to 10%."

At that rate the guy would owe $5,000 per year in interest.

To further add insult to injury...let's assume that the guy had been setting aside an extra $200 per month (when his interest rate was at 5%) in order to pay back the $50,000 that is due at the end of the 20 years.

We can now see that without seriously altering this man's plans...he will have no way to pay back the $50,000 and also will find it increasingly hard simply to meet interest payments.

Now paste that scenario onto the USA and plug those numbers into $11,000,000,000 (trillion) and you will understand why so many Americans are coming to the conclusion that the collapse of the USA is not impossible.

Financial Collapse

Here is an interesting headline;

Fox News Poll: 79% Say U.S. Economy Could Collapse

Most American voters believe it’s possible the nation’s economy could collapse, and majorities don’t think elected officials in Washington have ideas for fixing it.
The latest Fox News poll finds that 79 percent of voters think it’s possible the economy could collapse, including large majorities of Democrats (72 percent), Republicans (84 percent) and independents (80 percent).

Just 18 percent think the economy is "so big and strong it could never collapse."

Moreover, 78 percent of voters believe the federal government is "larger and more costly" than it has ever been before, and by nearly three-to-one more voters think the national debt (65 percent) is a greater potential threat to the country’s future than terrorism (23 percent).

Read it here; http://www.foxnews.com/politics/2010/03/23/fox-news-poll-say-economy-collapse/

I guess this could be good news in that the first step in dealing with a problem is recognizing that we have a problem.

With Congress continuing to spend money like drunken sailors...maybe these 79% of voters will start to say "Enough!"

Birth Pangs

In the last few days there have been more earthquakes in Israel, the Philippines, Japan...oh yeah...and a volcano erupted in Iceland that is also causing some earth tremors there.

Some of you may follow Hal Lindsey. I ran across a blurb he did on the increasing frequency of earthquakes and I will post it, with supporting links, below.


Rockin’ and Rollin’

Hal Lindsey

On Sunday, a magnitude 6.6 earthquake struck just off the coast of Honshu, Japan. On the same day, a 7.0 magnitude temblor rocked Indonesia.

In all, there were a total of 11 major earthquakes registering at least 6 on the Richter scale during the week of March 8 thru March 15.

According to the European-Mediterranean Seismological Center, there have been 39 major earthquakes, 6.0 or greater from January 1st to March 15th, 2010.

A similar search reveals that there had not been a single major earthquake magnitude 6 or above during that same period of time from 2000 to 2005. But then the earth started to move.
In 2005, using the same date range, suddenly, there were 30. In 2006, 24. In 2007, 24. In 2008 there were 41. In 2009. there were 28. And 39 so far this year.

As I discussed on last week’s Hal Lindsey Report, Jesus said that as the final hours of this world as we know it counted down, one of the signs of His soon return would be an increase in both the frequency and severity of earthquake activity.

He also said that when these signs begin to come to pass, our redemption draws near. Folks, the multiplying prophetic signs show that we are well past the beginning.
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Now think about a birth contraction....it cramps then subsides....then comes back bigger before it subsides. They get closer and bigger as the birth nears.

Now take a closer look at the number in bold up above; It starts with zero then jumps to 30, then back to 24 for a few years....then jumps to 41 before falling back to 28 in the year 2009. Now already in 2010 we have had 39.

Of course these birth pangs ARE NOT for birthing the rapture of the church....but instead are the contractions that WILL GIVE BIRTH to the Tribulation.

So if we can feel those and we KNOW we will have been raptured before the Tribulation....how close may be to seeing our Lord in the air?

Jerusalem is Ours

Everyone needs to watch this short speech delivered today by Israel's prime minister, Netanyahu.

See it here; http://news.bbc.co.uk/2/hi/middle_east/8582190.stm

He clearly states a fact; Jerusalem was built by the Jews over 3000 years ago...and it will continue to be built on by the Jews...because it is their capital.

Shortly, this speech will be played all over the Muslim world...and I would expect protests, flag burnings, tension and very possibly another war. Why?? Because Netanyahu told the truth.....and Satan hates the truth. Oh yeah....Satan also hates Jews.

Honestly....has Jerusalem almost met the requirement of being a "cup of trembling"? Is it almost done being trampled on because the "fullness of the gentiles" is soon to be complete?

When the last gentile says "Yes!" to Jesus...listen for the trumpet.

Israel Defies Obama

Hey now...this is quite a headline!!

ISRAEL DEFIES OBAMA OVER JERUSALEM SETTLEMENTS

Israel will defy American pressure to halt the construction of controversial Jewish housing in Arab east Jerusalem, when President Obama meets Binyamin Netanyahu, Israel’s Prime Minister, in the White House today.

Fresh from his historic victory to reform American healthcare, the US leader is to be confronted, within hours, with a foreign policy crisis. This time Mr Obama must resolve the worst breakdown in relations in decades between America and its closest regional ally, Israel, and try to get the Arab-Israeli peace process moving again.

But any hopes of a compromise were dashed yesterday when Nir Barkat, the Mayor of Jerusalem, insisted that Jewish settlements would go ahead in spite of US objections.

See it here; http://www.timesonline.co.uk/tol/news/world/middle_east/article7071927.ece

We have so many prophetic ideas from this one article....read it and see how many you can pick up.

Healthcare Debacle

Of course it's everywhere in the news today....Congress passed sweeping health care change.

In spite of the unsustainable spending and debt that this Federal Government already has...they have voted in a brand new program that will cost so much money that even the experts have no idea what it will cost.

It reminds me of a client I had who after buying a big house he couldn't afford...he quickly used the home equity to put a pool in the back yard that he also couldn't afford. A few years later he got the initial letter that the bank was going to start foreclosing on his home....so he quickly went and bought a new car on credit before the foreclosure could ruin his credit rating.

That sure sounds like what Congress is doing. Even though the credit rating companies are saying we are in serious trouble....Congress spends all it's time putting together some new program to give away though they have no thought of how it will be paid for.

Remember what we have been saying all along....a country can't continue to print money to pay for things it's can't afford. Sooner or later they print too much and it all becomes worthless. Remember when Germany did this after WWI??

Now today we get this news from the National Inflation Association;

The National Inflation Association today issued a warning to all Americans of a potential outbreak of hyperinflation in the U.S. by year 2015 caused primarily by the healthcare bill and rising interest payments on our national debt.

Medicare was created in 1966 at a cost of $3 billion per year and the House Ways and Means Committee estimated in 1966 that in 1990 the cost of Medicare would reach $12 billion per year. Instead, the actual cost of Medicare in 1990 was $107 billion (792% more than what was projected) and today Medicare costs $408 billion annually. In 2003, the White House Office of Management and Budget estimated that the Iraq War would have a total cost of $50 to $60 billion. So far, we have already spent $713 billion on the Iraq War (over 1,000% more than what was projected).

The Congressional Budget Office is estimating that the healthcare bill will cost $940 billion over the next 10 years, but if history is any indication, the actual cost will likely be several trillion dollars. NIA believes the healthcare bill will be the final nail in the coffin of the U.S. economy and will just about guarantee that we will see hyperinflation by the year 2015.

See it here; http://inflation.us/hyperinflation2015.html

Did you catch that, "final nail in the coffin of the U.S. economy?" Wow.

I wonder if that is what it's going to take to wake up all the U.S. citizens who will never look to God because they are convinced that the U.S. Government is actually who cares for, feeds and protects them?

Worst Drought Ever

Jesus told us there would be famines in the last days.

The news has been breaking all week of an incredibly serious drought that is taking place in China.

You can catch a video report here; http://english.cctv.com/program/newshour/20100320/102156.shtml

Remember, when resources get short...people get angry. And when people get angry....they go to war.

Jesus also said there will be wars in the last days.

Achilles Heel

We have talked about it quite a bit in adult ed...the fact that America has become so dependent on cell phones, TV's, computers, and other technologies....all powered by electricity. If terrorists were able to knock out our power grid by either hacking into it or by detonating an EMP (electro magnetic pulse) bomb...America would literally be shut down overnight and most of us would be unable to care for ourselves for even a few days.

Chaos would ensue in VERY short order.

Today in the New York Times we have this headline;
Academic Paper in China Sets Off Alarms in U.S.

Larry M. Wortzel, a military strategist and China specialist, told the House Foreign Affairs Committee on March 10 that it should be concerned because “Chinese researchers at the Institute of Systems Engineering of Dalian University of Technology published a paper on how to attack a small U.S. power grid sub-network in a way that would cause a cascading failure of the entire U.S.”

You can read the article here; http://www.nytimes.com/2010/03/21/world/asia/21grid.html

The article isn't saying that someone in China is working on it, but you have to know that our enemies have figured out that if they wanted to destroy us....just figure out a way to shut off the power in one grid. This may lead to overload on the grid next door which would short that one out and it simply continues to cascade until the whole country is dark.

You have to wonder when so many people that I talk to simply believe that life as we know it today will ALWAYS be like it is right now. We have most definitely been lulled into a false sense of security. We figure that Cub Foods will ALWAYS have food on the shelves and the water will ALWAYS keep coming from the faucets.

I'm sure the Babylonians, Romans, Greeks and Persian also believed there lives would ALWAYS be the same lives of luxury they had grown used to when their respective countries ruled the known world.

But the one rule that always remains constant on planet earth is that things ALWAYS change.