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Design of the Worst Economic Disaster in History
07/13/2009
Design of the Worst Economic Disaster in History
Dear Friends – The VP, Joe Biden, just announced that the economy is much, much, worse than we thought. Surely, if Biden knows that, then Obama knows that too. However, Obama is just too busy to say, because he needs to tell Russia that he is unilaterally cutting 1/3 of America's missile defenses, tell his great lie again in plain sight to keep it out of mind, and he also had to talk with Pope Ratzinger, and he has to go to the G8, and he has to go to Ghana. Obama seems to be trying to set some sort of presidential record for time spent out of America.
The AP reported, but no one seems to have picked it up, that more Americans in the last reported quarter of January-March 2009, received pay cuts more than ever before in the history of America. Be prepared that in the next 2-5 years, 75% of us ALL are going to have either a reduction in pay, lose our job, or go from full time to part time jobs. Almost all of us are going to have reductions in our income, and at the same time our government will raise taxes, while the cost of goods and services will increase. We will see things get much worse than in the great depression of the 1930's.
Understand the END GAME of this is to cause ALL, hear this, cause ALL, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Hopefully NOW, ALL will know that ALL have been LEFT BEHIND, and ALL NOW know the pre-trib lala land rapture to be a false doctrine, which will NOT help anyone but those who are ignorantly, or knowingly, setting your soul up to be destroyed.
Allow me to again prove my internationally outrageous, proven accurate predictions, by telling you to be prepared to GIVE, and fight covetousness with every ounce of your being, IF you want to have hope to endure to the end of this Antichrist War on the Saints. To begin this brief explanation of the financial chaos facts underlying this antichrist war on the saints, I would like to tell you about Goldman Sachs.
The first thing you need to know about Goldman Sachs, (GS), is that it is everywhere. It is the world's most powerful investment bank. To list former GS personnel in influential positions in government would be a BIG task, to say the least. UNDERSTAND the financial problem is NOT a Jewish problem any more than it is a Gentile problem. The ENGINEERED WORST FINANCIAL CATASTROPHE IN HISTORY is a GREED problem, engineered by the one who comes only to steal, kill, and destroy. It is Lucifer, his antichrist prince, his false prophet pope, who along with the banksters, politicals, mass media, and religious liars for hire, who are out to destroy your soul. Some do it from ignorance. Some do it from willing ignorance. But most do it from greed and covetousness. The LOVE of money
Yes, everything is destined to go BANKRUPT. When it all goes bust there will be tens of millions, maybe hundreds of millions of citizens broke and starving. Then the bankster greed plan is to simply begin the entire cycle and process over again in a Satanic counterfeit of God's Jubilee. This is why God established the JUBILEE. If you do not know about God's JUBILEE and what happened in every 50th year, the Jubilee year, just look it up. At least when this bust hits head on, you will be able to understand the process, and why God established the Jubilee to limit the cycle and process. Again I tell you, study Matt 25, give, and fight covetousness with all of your being. That is good direction to be able to endure to the end, without losing your soul.
What will the ones who caused the bust, and engineered the most unimaginable THEFT and FRAUD in all history do? They will come to the rescue by lending us back our own money at interest, selling themselves as good altruistic men, who will charge even low interest to provide the fuel, and oil the wheels of the rusted, and empty industrial machine. They, and their politicals, and their media, will easily convince the majority that only they can make it run again. Yes, it will run again, but with only enough power to pay their interest and keep the BEST, hardest working, most obedient slaves alive. THE BORROWER IS SERVANT TO THE LENDER. God said so.
The REALITY of politics is not one party against another party. The reality of politics is that the banks change the rules of the game. What percentage of investors do you think understand that reality of politics? How can the BIG investment banks make a worthless investment look VERY PROFITABLE? Greed is an effective motivator, and
It should not be difficult to see what was done IN THIS WORST GLOBAL FINANCIAL COLLAPSE IN HISTORY by looking at what was done with the housing bubble. Who can not remember when home buyers were required to produce a down payment of at least ten percent, and prove they had a job with a steady income, and had a good
Why not name a few of the ex-executives of GS and see if anyone can recall any of these people serving in significant Government positions? Henry Paulson, Robert Rubin, Neel Kashkari, Timothy Geithner, Larry Summers, Alan Greenspan, Paul Volker, Joshua Bolten, Mark Patterson, Ed Liddy, Gary Gensler, and William Dudley? Who can find the NOT former GS boys in that list? Geithner is the former GS director whom Paulson put in charge of bailed-out insurance giant AIG, which forked over $13 billion to GS after Liddy came on board. It is by no means an American problem. The heads of the Canadian, and Italian, National Banks are former GS boys. Of course the head of the World Bank is too. You guessed it, so is the head of the New York Stock Exchange. Sure enough, the recent heads of the Federal Reserve Bank of New York, which now, LOL, excuse me, ROTF, are in charge of overseeing GS.
It was, in fact, the Clinton White House that made the BIGGEST RULES OF THE GAME CHANGES that would have the most drastic consequences for the global economy. Once the oil bubble burst there simply was NO new bubble to pump up, or bust. The only thing left was taxpayer money; HENCE THE TARP BAILOUT was passed with 70-90% of the constituents saying NO. Paulson helped bail out Fannie Mae and Freddie Mac, and then let Lehman Brothers, GS's only real competitor go bust, with no effort to help. Then Paulson IMMEDIATELY gave a HUGE $85 BILLION to AIG, which sponsors the top British soccer team. AIG was then quick to repay the $13 BILLION that AIG owed to GS. Meanwhile, the retired US autoworkers can expect to recover less than half of the pension monies which they thought they had, not to mention what the certain coming hyperinflation will do to steal the fraction that remains. God only knows how many TRILLIONS that may actually have been lent or guaranteed, but it is over TEN TRILLION. That is over TEN THOUSAND BILLION or TEN THOUSAND, THOUSAND, MILLION. Most do not understand this any more than how much America has become a police state of forced prison labor, as much as Russia or China has been.
Immediately after the AIG bailout, Paulson announced his federal bailout for the financial industry, a $700 billion plan called the Troubled Asset Relief Program, and put a heretofore unknown 35-year-old GS banker named Neel Kashkari in charge of administering the funds. In order to qualify for bailout monies, GS announced that it would convert from an investment bank to a bank-holding company, a move that allows GS access not only to $10 billion in TARP funds, but to a whole wide realm of less conspicuous, publicly backed funding, most importantly, even lending from the discount
This is so hard to believe but it is a verifiable reality of another GS not so obvious benefit of GS converting to a bank-holding company. GS's primary supervisor is now the New York Fed, whose chairman at the time of its announcement was Stephen Friedman, a former co-chairman of GS. Friedman was technically in violation of Federal Reserve policy by remaining on the board of GS even as he was supposedly regulating the bank. Simply applying for and getting a conflict-of-interest waiver from the government easily fixed that problem. Friedman was also supposed to divest himself of his GS stock after GS became a bank-holding company, but thanks to the waiver, he was allowed to go out and buy 52,000 additional shares in his old bank, leaving him $3 million richer. Friedman stepped down in May, but the man now in charge of supervising GS, as New York Fed president is William Dudley. You guessed it, another former GS man.
If you want more understanding of the problem, and some good, right direction, I recommend this link www.moresureword.com/2004.htm Even the picture of happy Harry, Man U, AIG fan is explained there. Pray for the Peace of Jerusalem. Pray Psalm 83 every day. Only be very strong and of good courage. Stay IN the Word. From Chittim, Isa 23:1, Shalom & Simcha, Jim Searcy Please bookmark BOTH new GJiGT web sites with the most recent updates: http://www.moresureword.com and http://www.jimsearcy.com
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