http://www.infowars.com/ex-treasury-official-obama-could-use-debt-crisis-to-seize-total-power/
“Generally when democratically regimes fail you end up with a Caesar,
and a shutdown is of course the epitome of a democratic failure. So this
would give President Obama all of the justification for exercising the
Executive Order so that the President can rule independently of Congress
and the courts,” said Roberts.
“This would mean that the President, on his own authority, could raise
the debt ceiling. So, either of those two events would happen if it
looked like no deal was forthcoming from the Congress. It could be that
President Obama, or others in the Executive Branch, are planning to use
this crisis to invoke that Executive Order,” Roberts told KingWorldNews.
An interesting point of view from an alternative news source....coupled with this, from a mainstream media source, may point to an unprecedented event:
http://www.usatoday.com/story/news/politics/2013/10/10/jimmy-carter-habitat-shutdown-congress-president/2961307/
NEW YORK — The world is looking at the federal government shutdown and
sees "a democracy that's not working,'' former president Jimmy Carter
said Thursday.
This site is made in honor of my Lord and Savior Jesus Christ who gave His life for me and whose blood has covered over my transgressions and thus reconciled me with the Father to whom forever be the glory!
This site contains pictures, videos, commentary, links, posts, writings,etc. meant to in one way or another, directly or indirectly lift up the Name, the ONLY name, under heaven, given to men, by which we must be saved, Jesus Christ.
The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.
My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.
In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."
Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."
This site contains pictures, videos, commentary, links, posts, writings,etc. meant to in one way or another, directly or indirectly lift up the Name, the ONLY name, under heaven, given to men, by which we must be saved, Jesus Christ.
The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.
My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.
In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."
Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."
AMEN.
Thursday, October 10, 2013
Current Events-Babylonian offspring / Economy
http://www.usatoday.com/story/money/business/2013/10/10/jpmorgan-chase-sells-government-bonds-because-of-default-risk/2962461/
JPMorgan Chase says it has sold all of its exposure to short-term U.S. government debt out of its money market funds, following a similar move by other money market mutual fund managers.
ALL government bonds? That's kind of a bold, extreme move. Fidelity investments did the same thing though.
JPMorgan Chase says it has sold all of its exposure to short-term U.S. government debt out of its money market funds, following a similar move by other money market mutual fund managers.
ALL government bonds? That's kind of a bold, extreme move. Fidelity investments did the same thing though.
Tuesday, October 8, 2013
Current Events-Babylonian economy and its impact on the world
http://news.yahoo.com/obama-to-make-2-p-m--statement--take-questions-162609968.html
I dont quote yahoo as much but USAToday appears to have missed some key quotes by Bo.
President Barack Obama called an impromptu press conference Tuesday and warned House Republicans that a first-of-its-kind U.S. default would amount to an economic “nuclear bomb” dropped on the fragile economy.
He called that an “insane” policy that would have a “catastrophic” impact on the economy, spreading “chaos” and even precipitating a “worldwide catastrophe.”
To couple mainstream news with alternative news sources:
http://www.independent.co.uk/news/world/americas/get-your-fiscal-house-in-order-china-warns-us-as-asia-expresses-concern-for-13tn-of-investments-8864935.html
China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.
The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that “the clock is ticking” and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.
“We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,” Mr Zhu told reporters in Beijing. “This is the United States’ responsibility,” he added.
Furthermore, from another alternative news source:
http://www.infowars.com/12-very-ominous-warnings-about-what-a-u-s-debt-default-would-mean-for-the-global-economy/
A U.S. debt default that lasts for more than a couple of days could potentially cause a financial crash unlike anything that the world has ever seen before. If the U.S. government purposely wanted to damage the global financial system, the best way that they could do that would be to default on U.S. debt obligations.
I dont quote yahoo as much but USAToday appears to have missed some key quotes by Bo.
President Barack Obama called an impromptu press conference Tuesday and warned House Republicans that a first-of-its-kind U.S. default would amount to an economic “nuclear bomb” dropped on the fragile economy.
He called that an “insane” policy that would have a “catastrophic” impact on the economy, spreading “chaos” and even precipitating a “worldwide catastrophe.”
To couple mainstream news with alternative news sources:
http://www.independent.co.uk/news/world/americas/get-your-fiscal-house-in-order-china-warns-us-as-asia-expresses-concern-for-13tn-of-investments-8864935.html
China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.
The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that “the clock is ticking” and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.
“We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,” Mr Zhu told reporters in Beijing. “This is the United States’ responsibility,” he added.
Furthermore, from another alternative news source:
http://www.infowars.com/12-very-ominous-warnings-about-what-a-u-s-debt-default-would-mean-for-the-global-economy/
A U.S. debt default that lasts for more than a couple of days could potentially cause a financial crash unlike anything that the world has ever seen before. If the U.S. government purposely wanted to damage the global financial system, the best way that they could do that would be to default on U.S. debt obligations.
TIMING-speculation
So, Obamacare went into effect on 10/01, then the government shutdown on 10/04 less than two weeks before the debt ceiling was to be raised on 10/17, which is a week before "United Nations" day.
How long would it take before tangible repercussions begin to take place?
Only time will tell... ;)
How long would it take before tangible repercussions begin to take place?
Only time will tell... ;)
Current Events-International Economy
http://www.usatoday.com/story/news/politics/2013/10/08/world-bank-president-jim-yong-kim-warns-about-impact-of-debt-ceiling-debate/2944169/
"Please consider politics beyond the Beltway, politics beyond your own districts," Kim said. "Really think about the impact that inaction can have on poor mothers in Africa, trying to feed their children. It will really have an impact on those mothers. It will have an impact on young men and women trying to create businesses in the Middle East. This is real. This is not a theoretical impact. It's very real."
"Please consider politics beyond the Beltway, politics beyond your own districts," Kim said. "Really think about the impact that inaction can have on poor mothers in Africa, trying to feed their children. It will really have an impact on those mothers. It will have an impact on young men and women trying to create businesses in the Middle East. This is real. This is not a theoretical impact. It's very real."
World Bank president: Debt debate could be dire
The effects of a default would be "really severe," Jim Yong Kim told USA TODAY
Current Events-Babylonian economy
http://www.usatoday.com/story/news/politics/2013/10/08/obama-news-conference-oct-8-shutdown-default/2946481/
So the pandas are no longer visible. Only 15 out of 90 white house workers weren't laid off. And the government has shut down before.
But dear USAToday:
That's not the issue. The headline was talking about the debt ceiling limit not being raised!
So the pandas are no longer visible. Only 15 out of 90 white house workers weren't laid off. And the government has shut down before.
But dear USAToday:
That's not the issue. The headline was talking about the debt ceiling limit not being raised!
Obama: Default would trigger 'chaos'
You mislead people into thinking that everything is fine when you mix the not-so-serious government shutdown with the possibility of a US default.Monday, October 7, 2013
Current Events-new c note
http://www.usatoday.com/story/money/business/2013/10/07/100-dollar-bill/2936097/
I guess a government shutdown doesn't prevent the ordinary from continuing to take place but will these changes mean much when the dollar bill is as good as monopoly money?
http://www.youtube.com/watch?v=ut6tsUuajlo#t=226
I guess a government shutdown doesn't prevent the ordinary from continuing to take place but will these changes mean much when the dollar bill is as good as monopoly money?
http://www.youtube.com/watch?v=ut6tsUuajlo#t=226
I think it's quite a reach to suggest events are prophesied
in currency notes in spite of the fact that money makes the world go
around. I think it's more accurate to suggest that the person doing the
folding believes that the events he claims are found on the notes will
take place. Personally, I agree. I think the US will suffer an attack.
Defense spending is down and the US will default on its debt one day
which will collapse the dollar. When the dollar collapses, it will make
room for a new global reserve currency. China continues to call for this and
coincidentally is the largest purchaser of US debt. The New World Order
will be socialist in nature and will eliminate the only capitalist
obstacle in the way, which happens to be the lone superpower still
alive, the United States. It will eliminate it economically first, as is
happening, then militarily, as prophesied in Revelation 18, which in
my opinion depicts the New Babylon as New York or the USA.
United Nations Day
Coming up on the 24th...a week after the debt ceiling is supposed to be raised to prevent a US default.
If the debt ceiling isn't raised or the US defaults on its debt...
AN ECONOMIC CATASTROPHE will ensue.
If the debt ceiling isn't raised or the US defaults on its debt...
AN ECONOMIC CATASTROPHE will ensue.
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