Congress to Challenge Federal Reserve

Many of you have heard us wonder aloud MANY times how it is possible for the Federal Reserve (which has no money...but what they create out of thin air) to "buy" U.S. Treasury's.  Last year not only did they buy just a little, but they bought fully 60% of all the Treasury's issued.

Also remember when that when the mortgage and banking industry almost collapsed in 2008 that the Fed "bought" billions of dollars worth of failed mortgage paper.

Sounds like a classic Ponzi scheme.  The good thing about Ponzi schemes is that they work really well as long as no one understands that they are the suckers in the scheme.  Once they do find out...the whole thing falls apart at an amazingly fast pace.

Another issue to be concerned about is what is happening to the value of the U.S. dollar.  Remember, the dollar only retains value because the demand for them exceeds the supply.  But if the Federal Reserve continues to "create" trillions of them and the supply begins to exceed the demand, you WILL have problems.

Now notice who wrote this recent article for the Wall Street Journal.

Mr. Melloan, a former columnist and deputy editor of the Journal editorial page, is the author of "The Great Money Binge: Spending Our Way to Socialism" (Simon & Schuster, 2009).

Brady's Sound Dollar Act would also end another pernicious step taken by the Fed after the 2008 crash: credit allocation. The Fed bailed out the banks and housing industry by mass purchases of the toxic mortgage-backed securities that were responsible for financial sector freeze-up. The Sound Dollar Act would limit the Fed to purchases of Treasury securities.

Decision makers would have to find ways other than credit allocation to clean up messes made by ill-considered government policies, such as the federally enforced subprime lending that poisoned the mortgage-backed security market in 2008. There were indeed other ways available in 2008, but Mr. Bernanke, New York Fed President Timothy Geithner (now Treasury secretary) and Treasury Secretary Henry Paulson chose the easy way out.

The Sound Dollar Act is full of good ideas, but it can't become law until next year and only then if there is a new president and a more favorable Congress. The dollar crisis may not wait. The Fed has become the lender of first resort to a financially irresponsible government. As the Fed creates new money to finance massive federal deficits, further price inflation is a sure bet. Congress is finally getting serious, but it's very late in the day.

Here;  http://online.wsj.com/article/SB10001424052702303592404577362364258212648.html

Yes friends...it is very late in the day.  Mr. Melloan sure has that right.

Israeli Spy Boss Turns on Netanyahu

As the tension escalates in Israel over what to do about Iran...the cracks start to surface.

Israel's former security chief has censured the country's "messianic" political leadership for talking up the prospects of a military stike on Iran's nuclear programme.

In unusually candid comments set to ratchet up tensions over Iran at the top of Israel's political establishment, Yuval Diskin, who retired as head of the internal intelligence agency Shin Bet last year, said he had "no faith" in the abilities of the prime minister, Binyamin Netanyahu, and the defence minister, Ehud Barak, to conduct a war.

The pair, who are the foremost advocates of military action against Iran's nuclear programme, were "not fit to hold the steering wheel of power", Diskin told a meeting on Friday night.

"My major problem is that I have no faith in the current leadership, which must lead us in an event on the scale of war with Iran or a regional war," he said.

"I don't believe in either the prime minister or the defence minister. I don't believe in a leadership that makes decisions based on messianic feelings. Believe me, I have observed them from up close ... They are not people who I, on a personal level, trust to lead Israel to an event on that scale and carry it off.

"They are misleading the public on the Iran issue. They tell the public that if Israel acts, Iran won't have a nuclear bomb. This is misleading. Actually, many experts say that an Israeli attack would accelerate the Iranian nuclear race."

Here;  http://www.guardian.co.uk/world/2012/apr/28/israeli-spy-chief-warns-netanyahu-barak

Holy dissension!  This sounds serious!  Imagine if the former head of the CIA came out and said that Obama is basically unfit to lead the nation and that his decisions are based on his messianic feelings?

Of course most Americans wouldn't even hear the news because they wouldn't talk about it on American Idol....but in tiny Israel with only 7 million people, I would think this would start to really get the debate set into high gear on WHAT TO DO ABOUT IRAN.

"Unsettling Weather" in Britain

Long time readers will know that we have been constant watchers over the past years for all the "evers" and "nevers" that have been bombarding the headline news over the past few years.  It's all to do with all the extremes.  Most tornadoes EVER!  Hottest spring EVER!  Hail in Texas so deep its NEVER been heard of!

This headline caught my eye because the strange weather in Britain has folks "unsettled"....who has ever heard of Britain having tornadoes?

Tornadoes, more rain on the way, and a drought ... the strange British weather which keeps on getting freakier
Being on course for the wettest April on record might have seemed bad enough – and then came the tornadoes.

As downpours triggered flood warnings across the country yesterday, householders in several areas were clearing the wreckage left by twisters.
One farm in Halstead, Essex, saw more than £100,000 of damage from the strong winds, which lifted farmer Alan Barrow off his feet and hurled him to the ground.

‘It was a really terrifying experience,’ the 55-year-old said. ‘It was like a physical blow. I never saw it coming.’

April is set to be wetter than 2000, currently the wettest on record with 4.7in of rain. Three flood warnings and more than 30 flood alerts, which are less serious, were in place last night.
The last two winters have had the lowest recorded rainfall for consecutive years in a century.Read more: http://www.dailymail.co.uk/news/article-2135422/UK-weather-Farmer-lifted-feet-tornado-head-wettest-April-EVER.html#ixzz1tGUwq2TM

It's been the driest ever and now they got so much rain so fast that it is flooding...but the rain really isn't soaking in because the ground is so hard.  And then came the tornadoes.....

I wonder when man will realize he controls nothing...and even if man did humble himself...who would he turn to?  I believe we have been in rebellion for so long that we won't remember who to turn to anyway.

"Farewell Intercourse" Proposed in Egypt

As we have said...when the Koran believing Muslims take over a nation...you can expect to see some barbaric laws which lead to barbaric behavior.

I hope this isn't true, but sadly, it appears that it is.

Egyptian husbands will soon be legally allowed to have sex with their dead wives - for up to six hours after their death.

The controversial new law is part of a raft of measures being introduced by the Islamist-dominated parliament.

It will also see the minimum age of marriage lowered to 14 and the ridding of women's rights of getting education and employment.

Read more: http://www.dailymail.co.uk/news/article-2135434/Outrage-Egypt-plans-farewell-intercourse-law-husbands-sex-dead-wives-hours-AFTER-death.html#ixzz1tD97h6uq

I guess this should come as no real surprise...since Muhammad was a perverted pedophile who married a 6 year old girl.  What kind of man does that?  A twisted man that the Holy Spirit was definitely not a part of.

Anyone who even suggests that Muslims and Christians worship the same God has clearly not read the Koran.

I know that we need to pray for the lost souls in Egypt because Jesus told us to pray for our enemies.  But honestly...I'm beginning to wonder if Islam actually makes you insane, perverted, ignorant, hateful OR...all of the above?

Justice for Trayvon

It's been all in the news for the last few weeks.  Jessie Jackson and Reverend Sharpton are right there, front and center, as the case of a shot to death black boy, named Trayvon, gets public air time.

The case evolves around a scuffle with a neighborhood watch man who was carrying a gun and ended up shooting to death 16 year old Trayvon.  It sounds like a tragedy all around.  The shooter has had black friends testify that he is NOT a racist and this was NOT a racial murder...but that makes little difference to Jessie, Sharpton and the rest of disgruntled black people.  In their minds this HAS TO BE A HATE CRIME.

So....if Jessie and Sharpton are SO concerned about hate crimes...I sure hope they end up showing up at the trial for this one.

Mobile (Alabama) police need your help to catch a mob that beat Matthew Owens so badly that he’s in critical condition.

According to police, Owens fussed at some kids playing basketball in the middle of Delmar Drive about 8:30 Saturday night. They say the kids left and a group of adults returned, armed with everything but the kitchen sink.

Police tell News 5 the suspects used chairs, pipes and paint cans to beat Owens.

Owens’ sister, Ashley Parker, saw the attack. “It was the scariest thing I have ever witnessed.” Parker says 20 people, all African American, attacked her brother on the front porch of his home, using “brass buckles, paint cans and anything they could get their hands on.”

What Parker says happened next could make the fallout from the brutal beating even worse. As the attackers walked away, leaving Owen bleeding on the ground, Parker says one of them said “Now thats justice for Trayvon.”

Here;  http://www.theblaze.com/stories/justice-for-trayvon-alabama-man-in-critical-condition-after-mob-beating/

Jesus clearly warned us that near the end of the age that the love of many would grow cold and that nation would rise against nation.  I have heard some prophecy commentators claim that another way to look at this passage would be "race against race."  If so, that would sure make sense because Jesus goes on to say, "kingdom against kingdom", which really means country against country.

Look around you folks.  The black community is overwhelmingly living in poverty and ignorance.  We can discuss WHY this is, but it won't change the facts that 72% of black babies are born out of wedlock, will be raised without fathers and will have a VERY HIGH CHANCE of ending up in prison.

A very high percentage of blacks are currently living on food stamps and receive some type of public/government help with housing, welfare and healthcare.

Now ask yourselves....if America ever gets to a point where it simply has no money to keep paying for these social programs...do you imagine it could lead to some race riots?  Look what happened in Los Angeles over the Rodney King verdict 15 years ago?  Things were heating up then....now they are getting ready to EXPLODE.

Can you smell the Tribulation on the horizon?

How Much Longer Will America Stand?

Americans are having their freedoms removed....one at a time, but most of us don't even realize it.

The same thing has happened many times before throughout world history and these things all seem to start with catastrophes.

For us, it was 9/11 and we all needed to feel safe...so we allowed government to pry into our lives and search our naked bodies at every airport...never mind that 20 times more people die every year from drunken driving than died in 9/11...we now have to search every 7 year old white girl from Iowa.

In 2008 we had a financial crisis that almost collapsed Western civilization...so we have allowed government into more areas in an attempt to keep us "safe" from all the swindlers out there.

So what will the next catastrophe be that allows the government to declare martial law, or seize all of our gold, or nationalize the companies that they already own a large amount of stock in due to the bailouts?  A financial meltdown that leads to epic unrest?

Check out what Martin Armstrong (former top analyst at Goldman Sachs) has to say about our looming financial crisis and how much longer it may be before the government starts taking our stuff...property AND freedom.

I was speaking with some people on Capitol Hill who are becoming alarmed at what is starting to appear to be a hidden oligarchy behind eliminating all constitutional rights and converting the United States into the new East Germany. The authority to indefinitely detain American citizens without any trial, lawyers, charges, or anything as they did to me until the Supreme Court told the government to respond, passed with flying colors. Obama said of he would never use it against Americans. Then why sign it?

Several states are now taking matters into their own hands. Virginia has become the first state in the nation to officially nullify the un-Constitutional NDAA legislation allowing indefinite detention without due process, and Arizona’s House has now passed similar legislation. This is the seeds of breaking up the United States.

The question becomes who is doing this? The facility in Utah that is to vacuum up all emails and communications is of course just looking for those 19 guys and a camel. England has announced it also intends to monitor all emails going in and out of the country.

This agenda is all about money! They know they are going broke. The sad part is they actually think that if they can confiscate enough wealth to pay the bankers, somehow they can retain power. It does not matter how much they confiscate, they will always need more than they collect.

There is an agenda here and I am one that disagrees with 99% of the conspiracy theories because they usually attribute way too much knowledge to people that are only concerned about right here and now. Goldman Sachs does not sit back and plan 25 years ahead. It is the bottom line right now that matters.

There is so much more going in behind the curtain it is really getting bad. We are headed into a storm cloud of such a Crisis in Democracy that starts 2015.75 that I fear the future for my own posterity. Thank God I will not have to see what is left of the world 30 years from now.

Read entire paper here;  http://www.inflateordie.com/files/Behind%20the%20Curtain%2004-22-2012.pdf

Of course this ENTIRE STORY is being spun by Satan and it is going to end with the Antichrist issuing death orders on anyone who refuses to take HIS mark.

Thank you Jesus that we know the REST OF THE STORY and that you have overcome Satan and you have overcome the world.

How much longer will we be here...living in our cozy little American lives?

Hat tip to Wilson R.

Egypt Heading to Disaster

Well, it certainly appears that the doomsayers who predicted catastrophe for Egypt are going to be right.  Of course we all HOPED than when Mubarak got ousted that some 21st century moderates were going to get hold of the reigns and change Egyptian life for the better.

But we must remember, these folks are Muslims...and fundamentalist Islam leaves a trail of despair where ever it rules.

Now we have had the elections and we already know that 75% of the vote went to elect the Muslim Brotherhood and a party called the Salafists, who are even worse than the Brotherhood.

And here is what the dude is saying who wants to run Egypt via the Muslim Brotherhood.

“Everywhere, the Brothers are working to restore Islam in its all-encompassing conception to the lives of people,” Shater says in the address. “Thus the mission is clear: restoring Islam in its all-encompassing conception, subjugating people to God, instituting the religion of God, the Islamicization of life, empowering of God’s religion, establishing the renaissance of the ummah [worldwide Muslim nation] on the basis of Islam... Every aspect of life is to be Islamicized.

“We call upon God Almighty (allah) to make this transformation the beginning of a new renaissance for the ummah and the shaking off of the state of backwardness from which it has suffered for decades,” Shater says in the clip. “As Muslim Brothers, it is imperative that we, as well as the entirety of the ummah, God willing, take advantage of this revolution which took place in Egypt and continues in the countries surrounding us.”

Here;  http://www.jpost.com/LandedPages/PrintArticle.aspx?id=265583

Yep...it's true.  The people who run Islam most definitely want to subjugate the entire world for the glory of Allah.  They will not rest until every person worships Allah, or at least bows to him.

But here in The West we have become such pluralists that we simply can not understand the Islamic worldview.  We tend to believe that everyone thinks like us...and so we get this errant idea that "Islam is a religion of peace".  We have this idea that the reason they don't like us is because WE treated them poorly.  You will even hear some liberals whisper that the reason for 9/11 is because we have done so much bad to the Arabs for so many years...that we kind of had it coming.

That's hogwash.

Let's be clear...Islam will ONLY be at peace when the entire world is Islamic.  And that's a fact.

Hat tip to Tom F.

Children of the Devil

The Bible clearly says that we are all born as children of the devil.  The Bible also goes on to call Satan the "father of all lies".  Jesus tells us that when we lie, we are actually speaking our native tongue...meaning that no one has to teach us how to lie...it just comes naturally.

So this article today in the Wall Street Journal pretty much confirms what we already know from the Bible.

Lying is, in truth, a milestone of normal child development and starts as early as age 2. More than one-third of 3-year-olds will lie to keep from getting in trouble, based on research led by Victoria Talwar, an associate professor of developmental psychology at McGill University in Montreal. By ages 4 to 7, more than half of children will lie to avoid punishment, as Ms. Ballagh believes Kaden did, or to gain attention or approval; the same pattern appears in studies in Britain, West Africa and China.

Adults set a confusing example by lying once a day, on average, based on a 1996 study led by researchers at the University of Virginia. Daily diaries of 147 participants' interactions with others showed that about 1 in 4 of the instances were white lies. Most of the others were attempts by study participants to appear kinder or smarter to others, or to avoid embarrassment.

More than half of parents have been troubled by a child who lies regularly, usually between the ages of 2 and 7, according to a recent poll of 125 parents by the parenting website BabyCenter.com. Harsh punishments don't work very well, research shows. Instead, psychologists say parents should get professional help if a child's lying becomes a habit or disrupts normal activities, such as friendships or school. Lying can be one sign of a what mental-health professionals call conduct disorder if children also have other problems, such as aggression, truancy from school or drug abuse, the American Academy of Pediatrics says.

Here;  http://online.wsj.com/article/SB10001424052702303592404577363833634477636.html?mod=e2tw

So all of us come out of our mother's womb as little devils.  We are naturally selfish, we know how to lie, we will bite, kick and steal to get our own way.  We actually have to TEACH little kids to share...otherwise they will rip away a toy from another playmate and if you gave that kid a dagger at two years old he would plunge the knife right into his playmate's back.

And yet we all insist that all the children running around are precious little innocent souls.  Of course they aren't held accountable by Jesus until they arrive at the point where they can understand good and evil and right from wrong.

Thank you Jesus for being our savior...and saving us from ourselves.

Don't Sell Your House to the Jews!!

Where ever you see Muslims in control of things...you can expect to see barbaric laws.  Today we read that an Arab in Palestine has been sentenced to death for selling his home to a Jew. 

I smell a peace train coming!...and it must be right around the corner!! (sarcasm)

Former Palestinian intelligence official Muhammad Abu Shahala has reportedly been sentenced to death by the Palestinian Authority for selling a Hebron home to Jews. In response, Jewish officials from the community in Hebron are calling for international officials now to get involved—in order to save Abu Shahala’s life.

Mr. Abu Shahala reportedly confessed following torture sessions at the hands of his captors. The death sentence can be executed only following concurrence by Mahmoud Abbas, aka Abu Mazen, president of the PA. After he signs the death warrant, Abu Shahala may be killed.

It is appalling to think that property sales should be defined as a ‘capital crime’ punishable by death. The very fact that such a ‘law’ exists within the framework of the PA legal system points to a barbaric and perverse type of justice, reminiscent of practices implemented during the dark ages.

It is incumbent upon the entire international community, which views Abu Mazen and the Palestinian Authority as a viable Middle East peace partner, to publicly reject such acts of legal murder, when the ‘crime’ is nothing more than property sales. What would be the reaction to a law in the United States, England, France, or Switzerland, forbidding property sales to Jews?

Here;  http://www.weeklystandard.com/blogs/palestinian-sentenced-death-selling-home-jews_640592.html

So they tortured the poor dude until he "confessed" that he sold his home to a Jew. 

Seriously folks...can it be true that Team Obama and the majority of the world's nations expect to make a functioning state called Palestine and have it be run by these folks?  Can it be true that we are DEMANDING that the Jews sit at the bargaining table with these people...people who have a law that allows it's own citizens to be killed for selling property to Jews?

Can we all clearly understand that Jesus said there will be NO PEACE in Jerusalem until He returns?

Can we all clearly understand that the nations who turn on Israel will be cursed by the Creator of the universe?

Can we all please start calling evil what it is....EVIL?

And Israel Will be a Blessing to the World

Check out this short video to see what an amazing nation Israel is.  Also understand that there is nothing logical about Israel...it is a supernatural nation.

Here; http://www.youtube.com/watch?feature=player_embedded&v=KnmobK22KEk

After seeing the miracle of Israel and the Jewish people it is hard to understand how there can be any replacement theologians left in Christianity.

Hat tip to April S.

Strange Signs in the Sky

Sounds like a lot of folks in The West saw something really strange flying across the sky and it was accompanied by a really loud 'boom'.

Switchboards lit up on Sunday morning as people heard and felt something similar to a sonic boom. Agencies are confirming a possible meteor strike. Residents surrounding Lake Tahoe, California, Nevada, and Oregon reported seeing a bright meteor streaking across the sky just before 8:00 a.m. on Sunday morning. Some describe it as being so close to them, a blinding light.

"I was outside jogging and I saw what looked like a bright white light, almost like a nuclear bomb," said Kathy of Tulare, California. "It was as bright as the Sun. Afterwards there was a huge boom and shaking as I lost it behind the mountains."

Residents are also reporting of a physical impact and authorities are on the way to track down a possible meteor strike in the Sierra Nevada Mountains.

"This is amazing," said TheWeatherSpace.com Senior Meteorologist Kevin Martin. "If this left a physical impact then you are looking at a once in a possible lifetime event in this area. Thankfully if it did hit the ground it was in the rural mountain zones and not over a major city."

Here;  http://www.theweatherspace.com/news/TWS-42212-meteor-possible-impact-lyrids.html

Holy meteor impact!!  How many "once in a lifetime events" does this generation need to witness before we finally realize that the God of Abraham, Isaac and Jacob is getting ready to do something REALLY big?

Of course we know the answer....God could send someone back from the dead to warn everyone (story of Lazarus in Gospel of Luke) about the realities of hell and people still wouldn't listen.  So while all of these political, geological and extra terrerstial happenings are really exciting to watch for those of us whom the Lord has opened their eyes....it is simply sending those who are perishing further into a deep sleep.

We need to stay busy about the Lord's work friends.  The harvest is at hand.

53.6% of Graduates Can't get Jobs

We have posted in the past about unrest happening in Greece.  We have also wondered aloud how it may look for the millions of college grads in America who owe $1 trillion in student loans and who are now behind in their payments because they can't find a job.

Just how bad is it out there for young college graduates? Bad. Really bad. In a report from the Associated Press' Hope Yen, we get a hard, shocking number to frame the debate: "About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed."

That portion of our nation's young people without good jobs is saddening -- this young blogger counts his blessings -- but at this point, it's hardly surprising. By now we've heard about the cruel economic fate befalling the pucky young graduates of today. The recession has eliminated a lot of mid-level jobs that aren't coming back because of technology (think bank tellers); kids are getting degrees in fields that aren't hiring (think English); and even the few jobs young'uns are able grab don't require a bachelors degree or the massive debt that can come with it (think barista).

Here;  http://www.theatlanticwire.com/business/2012/04/536-young-graduates-dont-have-jobs/51459/

So what happens when millions of 20-somethings are forced to live at home paying all their pizza delivery wages to a college who gave them an English major?  Lot's of stuff happens...and none of it is good for society.

Just remember that the media is on a kick to tell us how everything in society is coming along nicely.  They want (need) to get Obama re elected so will continue to put him in a positive light.  But all the makings for societal unrest, right here in America, continue to build.  Generation will fight against generation and race will fight against race while nation fights against nation.

I'm sure glad Jesus is coming...or all this poor news would be a real downer!!