I guess you heard that the Congressional Budget Office (CBO) has said our federal national debt will be about $22 trillion by 2020. I think it will be many trillions higher than what they say but don’t confuse our government national debt with our government negative net worth. What we owe in debt and entitlements is now well over $70 trillion and is now increasing by $5 trillion a year.

The obligations we owe exceeds the whole gross domestic products of the world ten times over. People really have to be blind to the facts to think that we can ever repay these obligations in today’s dollars. So something radical has to be done. Entitlements like Social Security and Medicare have to be severely cut or the government will just have to print more money. If government cuts the entitlements it will mean old age poverty and health rationing and if  government prints more dollars to pay for the obligations the dollar will become rapidly worthless.

Our government knows these things about our entitlement debt. These pencil-neck geeks are not ignorant they probably are planing to save the day with both entitlements cuts and inflation. Nevertheless, such bureaucratic plans will fail because elected people still rule this nation. That could change very soon but that is the way it is now.

The health care bill is such a government high priority because health care is the largest part of future federal government budgets. Once government controls health care they will first try to control the cost by forcing cuts on health care providers. This will force many of them to stop taking Medicare and low ball insurance plans that pay only what the government pays. Then people in these programs will have a real problem finding a doctor so Government will then pass laws requiring all health providers to take their government set fee. Then the more expensive and best health care providers will go out of business and many good doctors will quit or retire. What remains will be a government run health care system like they have in Britain. There will be long waits to see mostly mediocre doctors most people will never ever get past seeing the nurse. The elderly, terminally ill and unproductive members of our society will be denied any expensive medical procedures or medications.

Government will intend to pay for Social Security by raising the age that you can retire and by raising the contributions that you and your employer put in. I also think they will want to limit cost of living increases. (They will probably want to give cost of living increases (of cooked inflation numbers) minus one percent). So if you live long enough after retirement you will slowly go into poverty.

I think government will probably want to keep the cooked official inflation at about 4 or 5 percent a year because they know if it goes higher it will completely shut down the economy making things worse. The actual inflation rate under their planning would be about 7 percent. So government pencil-necks might think that in about ten years the dollar would be worth about half of what it is today. Therefore, the debt obligations of the United States would be effectively cut in half in today’s dollars and cut to near 25 percent in just 20 years.

So will this “plan” to cut social costs and this inflation management “plan” work and will it keep the United States government from default? It could if it actually worked as planned but American people are not that passive and government debt will be much more than what the government is projecting. It always is.

Americans are a unruly bunch unlike the Brits. In order to pass this health bill and not have it ruled unconstitutional by the Supreme Court they probably should wait until this administration stacks the court with liberals. Right now it should not pass the constitutional test and even if it does it is very likely that there will be a political backlash in 2010 and 2012 that will repeal most of the health care reforms that they pass.

The health insurance companies are not going down without a fight and they have a very big lobby in Washington. The American people will soon  become enraged under any government run health care system and they will fire their elected officials.

There is also demographics to deal with. It will be almost impossible for government to pass anything that the baby boomers do not like. They have the votes. So real cuts in Social Security or other entitlements in the lifetime of the bulk of the “baby Boomers” is not a political reality.

So if we are going to live in reality we should know that on the government spending side there is not going to be any major cuts so everything will have to be done through inflation, but that is impossible without also bringing about a complete collapse of our system. Why? Because the debt number will be worse than the blind optimists or politician pleasing bureaucrats in government are conveying to their leaders.

The CBO says we will be 22 trillion in debt by 2020 but that is total nonsense. Their figures assume a growth rate in the future like what we had in the past but reality says that there is no way that there will be that kind of growth during the next decade. The policies of Obama have insured and will insure that there will  be little real growth for the next decade. Just look at the real world today; Every time there is good economic news oil prices go up and so does investor speculation creating new bubbles. Obama’s millions of green jobs are just not going to happen and every green job that is created will be at the expense of two jobs eliminated through higher energy prices and higher product costs. If the government would have allowed drilling when people were saying “drill here drill now” we would have much new oil and new gas coming to market in a few years. The liberals environmentalists are not allowing that to happen so any real growth will just be stymied by rising oil prices and more imbalances in foreign trade. If they pass CO2 laws that certainly will raise prices and slow growth for decades.

Right now we are having a little growth due to a natural economic cycle, increased productivity, and the unprecedented huge government stimulus. With all this we should now be in a roaring economy by now but the recovery is so weak that many are predicting another recession next year. The stimulus nevertheless must end or the CBO deficit numbers are totally meaningless. But if the stimulus ends and If they allow the Bush tax cuts to expire it will certainly put us back into recession.  Besides that, housing has a long way to go before any recovery, commercial real estate is now crashing and many more banks will fail that hold these loans. There will be huge future bail outs that were not budgeted. The federal government has even passed a bill that put a few trillion dollar contingency fund on the books for the next bailout of financial institutions that are now too big to fail. Unemployment is going to stay high throughout the decade and government is going to continue paying 10 billion a month for unemployment benefits or see destructive riots. Federal tax revenues are also going to be far less than what they are projecting. Many states will have to be bailed out or else the states and local governments will have to raise their taxes. That would also make the economy weaker.  The CBO figures do not reflect all this, so government deficits are going to be much higher than projected.

So the actual national debt will be closer to 35 trillion by 2020 not the 22 trillion that is being advertised by CBO. Even my figures assume no new major wars and that Republicans gain control of government in 2012.

Having said that, I will still assume that there will be some growth in funds over the decade but I think any growth will be less than the actual inflation. I think growth in revenues will be less than 25 percent for the entire decade because of recessions.  Assuming there will only be 2.5 percent inflation in the decade due to recessions and surplus labor, the 35 trillion debt figure in 2020 is really 26.25 trillion in today’s dollars and that is the figure we should work with when doing the math. Higher inflation than what I project will allow our debts to be paid with dollars not worth as much but it will also raise the national debt that much more.

In 2020 the United States will owe 35 trillion dollars (26.25 trillion in today’s dollars). With a debt that large you would have to think that anyone taking such a risk to finance it would want more than just the inflation rate. Let’s use a very conservative figure and say investors will want a 6 percent return on U.S. treasuries in 2020 with the  massive debt risk we will be by then. That will mean our interest payment will come to .06 * 26,250,000,000,000 or 1.575 trillion in the year 2020 (in today’s dollars). Total federal tax revenue is 2.1 trillion dollars today. So just to pay the interest on the national debt in 2020 will take 75 percent of all federal income (compared to less than 10 percent today). With 75  percent of incoming going to pay interest on the national debt in 2020 the federal government would have to borrow about $2 trillion a year in today’s dollars just to continue government for another year. By 2025 we will have to borrow the entire budget for 2026. Lest you think that inflation will help these figures, they will not. If inflation goes above the 2.5 percent figure I used for the decade the interest rate and national debt will also go up accordingly.

Who will even lend this money to us in 2020 when they know by 2025 we would not even be able to make the interest payments on our national debt? It is clear that within ten years America will have to default or hyper-inflate making the dollar worthless but don’t expect the crises to come in 2020 either. It really could occur some years before that date. It will actually occur when it sinks in to those purchasing our debt that we are a huge credit risk. As soon as that reality hits the world we will be forced to default or hyper-inflate. Some think this could occur as soon as this year. Others think it will happen by 2012. It certainly will happen within the next ten years no matter who is elected to office.

By the way, We cannot change government and grow our way out of this debt crunch by cutting taxes because that would increase the national debt even more before we could even start to grow the economy. It took Reagan several years and trillions of dollars of increased debt to get us out of the Nixon Carter economic disaster. This time the creditors will raise interest rates and cause the debt crunch long before lower taxes could grow the economy and reduce the debt percentage on our GDP.

There is one crises spot in the world that few dare speak about because they do not want to irk a fire breathing dragon. I am talking about China the once sleeping giant that is now economically devouring the world. While the whole world is mired in stagnation or depression the Chinese dragon is red hot. However, a deadly game of chicken will soon play out with the Chinese great red dragon when the world gets red hot over the Chinese driven unemployment.

The United States currently buys four times the amount of goods from China than China buys from the United States. This is not just a U.S. China imbalance it is happening all over the world and is one of the prime reasons for high unemployment all over the world. So as China moves its rice farmers to the cities to fill new factories the people in the rest of the world are losing their Jobs. Low wages in Chinese cities is still a better life for Chinese than they had in the country so the exodus to the cites for better living standards has become a stampede. China does not dare slow the transition because people are now conditioned to expect employment in the cities and rising wages. The huge expansion that has been going on at the rate of ten percent a year has to continue or there will be great social unrest.

In order to keep the expansion going the leaders of China have decided that they are not going to play by world free market rules. China is a true fascist state, everything in China is state controlled. The Chinese government is playing Chinese checkers with the world  but she wants to controls all the marbles. She keeps her currency way below true value in order to keep her products cheap and that makes it impossible for industries in other nations to compete. So they close up shop and build a brand new factory in China where they have endless cheap labor and do not have to pay benefits to their employees or worry about environmental laws. Therefore, they can undersell most products manufactured anywhere else in the world.

The workers of world are about fed up with losing their job to China. The only reason they keep buying the Chinese products is that Chinese goods is all they can afford on their unemployment benefits or welfare checks. The end result is more debt for nations that are subsidizing their people because their jobs departed to China.

This obviously cannot continue for many reasons. You cannot have a nation that hardly produces anything but consumes as if it had endless credit. Governments cannot keep paying out benefits when many nations are now very close to bankruptcy. Idol people without jobs do not pay taxes and they become an increasing drain on their governments. In addition, the government benefits given are not enough for people without jobs to have a decent quality of life so they are losing their homes and cars etc. Meanwhile, while family incomes fall the only thing they can afford to buy is more cheap Chinese goods.

So we have a bubble cycle. The Chinese make cheap products, they are increasingly employed but the world is increasingly unemployed. So the Chinese have to lend more and more money to the governments of the world so they can give it to their unemployed so the world can keep buying Chinese products. This bubble where governments continually owes more money to China should make their dollar fall against the Chinese currency and make Chinese goods more expensive and solve the imbalance problem. However, the Chinese government will not allow their currency to rise to achieve balance. Instead they hold ever increasing reserves of foreign debt.

It should be obvious that unrest from the unemployed in the world will soon turn all this into a Chinese game of chicken. The unemployed will soon force their governments to put tariffs on Chinese goods. Then of course China is going to want to take all the marbles home and if they do not get all the marbles they will turn over the economic game board.

It is obvious that this crises is going to play out because China is selfish and they will never have enough at the expense of others. When nations decide they must take action against China because China is not playing by the rules the Chinese will take the whole system down with them before losing face.

This very well could be the next world crises. A trade war with China or some economic action taken against China that gets totally out of control.  If China gets angry with the U.S. or believes the U.S. gravy train is coming to an end watch China move against Taiwan and even try to crash our dollar. With any economic bubble you either let the air out or it is gong to burst all at once. I think China’s leadership decisions will insure a burst.

But, on the other hand, if China does see the light and allows her currency to rise to the  full value needed to stop the imbalances. Expect everything in Wal-Mart to suddenly double and unemployment to soar in China. Of course that would mean inflation in the world and unrest in China because the Chinese are not going back to the rice patties now that Pandora’s box has been opened. This is also the reason why the Red Chinese leaders will not dare blink in this deadly game of chicken with the West.

One of the problems with a blog it that you have to post regularly or you risk losing your audience and your rankings with indexes like Google. However, there are those times that you simply do not have anything you really want to say at least nothing you want to write about in great detail. This is one of those times. Many things are going through my head but probably nothing worth writing on that I have not already written about.  Therefore, I am posting without any rhyme or reason and even I do not know what I am going to say today.

I hope all the people in Washington that hate global warming enjoy their snowstorm this weekend. Many of you politicians might move to another country and save us a lot of grief.

Looks like I will soon be buying some acreage in the middle of nowhere. I already have 20 acres in the middle of nowhere but I can see four lights at night. That is four lights too many for me. Another problem here is the house. In the Ozarks there are no building codes and the houses are usually built by handymen without plans and the houses turn out to be kind of weird. Actually some not so handy men build very weird houses around here. I live in a fairly weird house built by one of the above but I would now like to get my own not so weird house built where I can actually sit on the deck and have a view off the deck and not see any trace of humans or hear vehicles on some road. A house with big windows would also be nice so I can look out the window while writing these blogs without any rhyme or reason.

One of the issues I will have building on this remote property is that the nearest power line is 3/8 of a mile to as much as 3/4 of a mile from where I might want to build on the new property. The other problem will be keeping the road passable year around for the same distance. It goes down and up a big hill. It probably would make sense to go off grid rather than pay the cost of bringing in a power line but here in the Ozarks sometimes you do not see the sun for a week. Wind does not seem like an option either because we either get a lot of wind or hardly any wind at all.  I thought of fuel cells but the price of that technology is still way to expensive and so it seems out of the question. Any suggestions?

I found out this week that my first dog (Sparky – terror mix) has bone cancer. She has been a great dog and will be missed when we have to put her to sleep but right now she is in no pain and is living on sweet breakfast cereal and cookies since sweets are the only thing she will now eat. She certainly will not be around to see the Rapture coming before 2012. I don’t think my second dog Bubba will make the 2012 deadline either since he is a big dog and he is already over 11.  I believe the great prophecy teacher Jack Van Impe said that your pets will go in the rapture so it just has to be true. Right? So there is hope for my other four dogs.

Now a little about the economic recovery that is being hyped. Hahahahahahahahaha. Seriously, they obviously are reading tea leaves and are not reading what I am reading. Take a look.

http://www.silverbearcafe.com/private/02.10/bankrupt.html

http://www.zerohedge.com/article/next-leg-housing-crisis-five-simple-charts

http://www.marketoracle.co.uk/Article16967.html

The other shoe will fall on their stupid heads fairly soon. Wait to you see the number of property defaults coming this fall. How does government come up with the $1.5 trillion that will be necessary this year to pay for their previous government binges and also pay the 2 trillion budget shortfall projected this year? Simple. They just print $2 trillion of the 3.5 trillion. Think of the implications of governments printing and paying their debts with monopoly money.  There are only two reason why foreigners are still holding on to U. S. Treasuries (they are not buying them any more). They know if they suddenly start selling there will be a panic and they will lose their butt before they can get rid of all the dollars they hold. The other reason is that countries like Japan, Britain, Spain, Greece, Ireland, Portugal, etc are in worse debt shape then we are. The reason there is a rally in the dollar right now it that some nations are in real danger of going into default this year. That is a recipe for a world depression but who knows if the world power brokers want a depression followed by a world war to bring in a world currency or world hyperinflation and civil upheavals? Honest people disagree on how this will play out. But there is no possible way to ever pay off the debt with dollars valued at anything near what they are worth today.

I read a good article today about how almost all Christians in America are infected with the prosperity gospel. The last thing in the mind of Western Christians is suffering or sacrifice for the sake of the gospel. Western Christianity promises people abundant living in the flesh. Even most of those that tithe in the West hold God accountable to give them riches in the flesh because in their mind there is some kind of spiritual law that gives them worldly riches if they give ten percent.

I heard that Obama’s speech at the national prayer breakfast was so inspirational that everyone probably hopes he will never show up again. You can search for his speech on Google yourself. He never did mention Christ at the prayer breakfast but we already know why that could not happen.

I also read the usually on Iran and what we will or will not do about them. No experts seem to agree. This one writer I read argued that Israel will soon threaten to use nukes to take out Iran’s nuclear facilities in order to force the U.S. to take them out conventionally. Who knows? My guess is that we will do nothing unless someone is attacked.

I also read about global warming and what a farce it is but nothing is new there except the continuing revelations about certain people cherry picking data so it will please the global warming taskmasters.

I read an excellent article written by Dr. Norm Geisler and Dr. Ron Rhodes chiding the Christian Research Institute (CRI) and Hank Hanegraaff for supporting a cult of Christianity called the Local Church (LC) movement (aka. The Lord’s Recovery and Living Stream Ministries) in a court lawsuit against counter-cult ministries. Apparently John Ankerburg  and John Weldon labeled the LC movement as a cult in their Encyclopedia of Cults and New Religions so the LC movement sued them and Harvest House for over a hundred million bucks. The LC movement lost the lawsuit in the Supreme Court of Texas. This is not the first time that Hanagraaff’s actions and theological positions have been questioned by his peers and other notable Christian theologians.

In the  article that you can find below Dr. Geisler and Dr. Ron Rhodes rightly question Hank Hanegraaff  and CRI for defending the LC movement in a civilian court and for Hanegraff’s position that the LC movement is orthodox when as they point out in the article the LC theology is not within Christian Orthodoxy.  Seems the LC movement has a very unorthodox view of the Trinity and thinks all denominations are apostate but Hank Hanegraaff was supporting the movement in court calling the LC movement solidly orthodox. You will find the rather long article written by Dr. Geisler and Dr. Rhodes that explains the abberrent doctrines of the LC movement and CRI’s inconsistent positions on the LC movement on Dr. Geislers website under “articles”. It is the first article on his list at the time of this writing. (Sorry, his website does not allow direct linking to articles)

http://www.normgeisler.com/

Well there you have it. I think I have completed my Blog mission for today even if it was written without rhyme or reason.

I am sure Obama will spin his own scripted story of the state of the Union at his State of the Union Speech but the state of the Union is not going to be as stated by our lying politicians.

I think Americans should learn the real sorry state of the Union as painful as that news may be. The economy of the Union is not going to recover any time soon, in fact it is going to get much worse. The American economy is really going into an economic black hole. The link gives 20 darn good easy to understand reasons why we are not on the road to recovery.

In this second article Chuck Norris gives Obama and the state of the Union a grade of F. Norris points out at least twenty additional reasons why the State of the Union is on life support. I think most of what Norris points out in the article can be summarized in just one sentence. If Americans do not return to a Christian wordview and follow biblical principles and elect moral people there is no hope for America.

If that article does not get people’s attention Vox Day tells us about the Zombies that ate America.  The article is about the bankers that continue to rob the banks while they use a “no account system” that hides the fact that most of the banks are still going deeper in the red.

Now I also hear that government wants your 401K retirement account. That is the last great pool of wealth in America for government to tap. From the article it seems that Obama wants to make you use your 401K savings account to lend money to the U.S. Treasury.  Just think,… a national health plan like program for your retirement. I am sure you can trust our government to have the money for you when you retire. Gee…I wonder what happened to all the surplus money paid into the Social Security Trust Fund?

Here is food for thought… you can invest in treasury debt and get interest rates well below inflation and watch the value of your nest egg shrink each year. Or if the nation defaults on its debt or revalues the dollar you can lose almost everything all at once. It sounds like the perfect transfer of your wealth to government retirement system to me. That is the people you elected America!

If you read all those articles I think you should get the real picture about the real sorry state of the Union.  If  enough Americans actually learned about the state of their Union they might repent of their apathy and amorality and do something positive about it. If they do not, Amercians will soon be living in a failed state living under tyranny and persecution.

I have been sitting here listening to Brannon Howse interviewing world trend forecaster Gerald Celente. It was one of the most interesting interviews I have heard in a long time. Celente is not a prophet so what he says will not necessarily take place but I think you would have to be foolish to discount all of what Gerald Celente is saying. The man certainly calls them like he sees them and he does not pull his punches.

Trend researchers study today’s current events that will bring tomorrow’s effects. I see much the same things as Celente coming but I am not as sure of the timing as he is.  Celente has a whole staff  to analyze all the issues and he has had a very good track record in predicting world trends. That is also why Gerald Celente is now a very hot item on talk shows. Celente sees the crash coming in 2010 so if you believe he really knows what he is talking about there is little time left to prepare.

Here are some highlights of the Celente interview, at least that is what I got out of listening to the program, but listen to the Celente interview yourself if you can spare an hour.

• In 2010 there will be a major terrorist attack on the scale of 9/11 because we continue to make many new enemies due to our foreign wars and also because WMD are getting easier for enemies of America to obtain.
• The attack will bring the world into the greatest depression because governments do not have any more resources to advert it.
• Even if there is no attack there will be an economic collapse in 2010 for any number of reasons.
• There will be a run on the banks and the government will close all the banks for a period of time to devalue the dollar.
• America is now under the control of banksters and the military industrial complex.
• America is under fascism.
• There will be major social breakdown in the big cities. There already is in some cities.
• People need to come up with a plan for how they will get through the coming crash and disorder.
• Martial law and the loss of more rights will take place.
• A false flag operation may take place.
• A huge anti immigration movement will take place all over the world.
• A third party will form in the US in 2012 and change government.
• Secession movements will grow and the United States will eventually break up into smaller nations.
• If  America or Israel attacks Iran it will be the start of World War III.
• Saudi Arabia is involved in a war in Yemen and oil installations in Saudi Arabia may now be at risk. Should an attack occur on a Saudi oil field it could spike oil prices enough to cause the economic crash.

I hope everyone had a great holiday season with their family and friends and hope you all will have a joyful new year in Christ.

We have arrived to a new year and a new decade and I know 2009 was bad for many but 2010 will be worse.

Here are seven things to consider in 2010. They are likely to impact us in one way or another.

1. We probably should start in the house of God. How long will God put up with those on TV speaking in his name?  Christians have been putting up with the rats in our Christian TV for quite a long time. It is high time to clean out these vermin nests before God does. For decades I have been calling Trinity Broadcasting Network (TBN) The Blasphemy Network because I think that name is much more fitting. I have not watched TBN for some years but from what I hear it just gets worse and worse.  Dr. John MacArthur decided to give TBN a look-over when he was recovering from knee surgery. MacArthur is not one to mince words and he did not in this article he named the Unholy Trinity. The article has been re-posted all over the Internet so you may have already read it. If not, I suggest that you and all Christians read it and take heed and stop supporting these “Christian” TV heretics. They are giving a false gospel to millions and hindering the work of the Church in these last day.  Here are a couple of clips from MacArthur’s article.

I’m outraged at the brazen way so many false teachers twist the message of Scripture in Jesus’ name. And I’m frustrated because I’m certain that if these charlatans were not receiving a large proportion of their financial support from sincere believers (and silent acquiescence from Christian leaders who surely know better), they would have no platform for their shenanigans. They would soon lose their core constituency and fade from the scene. Instead, religious quacks are actually multiplying at a frightening pace. One thing I discovered to my immense displeasure is that TBN is by no means the only religious network broadcasting poisonous false doctrine around the clock. The channel lineup I receive includes at least seven other channels whose schedules are filled with false teachers and charlatans. There’s The Church Channel, Daystar, GodTV, World Harvest Television (LeSEA), Total Christian Television, and several others. Some of them feature blocs of family television programing and a few fairly sound teachers who provide moments of escape from the prosperity preachers. But all of them give prominence to enormous amounts of heresy and religious claptrap—enough to make them positively dangerous. And TBN is singularly responsible for kicking that door open so wide.

TBN is by far the leading perpetrator of that lie worldwide. Virtually all the network’s main celebrities tell listeners that God will give them healing, wealth, and other material blessings in return for their money. On program after program people are urged to “plant a seed” by sending “the largest bill you have or the biggest check you can write” with the promise that God will miraculously make them rich in return. That same message dominates all of TBN’s major fundraising drives. It’s known as the “seed faith” plan, so-called by Oral Roberts, who set the pattern for most of the charismatic televangelists who have followed the trail he blazed. Paul Crouch, founder, chairman, and commander-in-chief of TBN, is one of the doctrine’s staunchest defenders.

The only people who actually get rich by this scheme, of course, are the televangelists. Their people who send money get little in return but phony promises—and as a result, many of them turn away from the truth completely.

If the scheme seems reminiscent of Tetzel, that’s because it is precisely the same doctrine. (Tetzel was a medieval monk whose high-pressure selling of indulgences—phony promises of forgiveness—outraged Martin Luther and touched off the Protestant Reformation.)

Like Tetzel, TBN preys on the poor and plies them with false promises. Yet what is happening daily on TBN is many times worse than the abuses that Luther decried because it is more widespread and more flagrant. The medium is more high-tech and the amounts bilked out of viewers’ pockets are astronomically higher. (By most estimates, TBN is worth more than a billion dollars and rakes in $200 million annually. Those are direct contributions to the network, not counting millions more in donations sent directly to TBN broadcasters.) Like Tetzel on steroids, the Crouches and virtually all the key broadcasters on TBN live in garish opulence, while constantly begging their needy viewers for more money. Elderly, poor, and working-class viewers constitute TBN’s primary demographic. And TBN’s fundraisers all know that. The most desperate people—”unemployed,” “even though I’m in between jobs,” “trying to make it; trying to survive,” “broke”—are baited with false promises to give what they do not even have. Jan Crouch addresses viewers as “you little people,” and suggests that they send their grocery money to TBN “to assure God’s blessing.”

That’s not all. Almost no false prophecy, erroneous doctrine, rank superstition, or silly claim is too outlandish to receive airtime on TBN. Jan Crouch tearfully gives a fanciful account of how her pet chicken was miraculously raised from the dead. Benny Hinn trumps that claim with a bizarre prophecy that if TBN viewers will put their dead loved ones’ caskets in front of television set and touch the dead person’s hand to the screen, people will “be raised from the dead . . . by the thousands.”
Ironically, one doesn’t even need to be an orthodox Trinitarian in order to broadcast on the Trinity network. Bishop T. D. Jakes, well known for his rejection of the Nicene creed in favor of oneness Pentecostalism, is a staple on TBN. Benny Hinn has repeatedly attempted to revise the doctrine of the Trinity in novel ways, notoriously teaching at one point that there are nine persons in the godhead.

And yet evangelical church leaders typically show a kind of benign tolerance toward the whole enterprise. Most would never endorse it, of course. They may joke about the gaudiness of the big hair and tawdry set decorations on TBN. Ask them, and they will most likely acknowledge that the prosperity gospel is no gospel at all. Press the issue, and you will probably get them to admit that it is a dangerous form of false doctrine, totally unbiblical, and essentially anti-Christian.

Why, then, is there no large-scale effort among Bible-believing evangelicals to expose, denounce, refute, and silence these false teachers? After all, that is what Scripture commands church leaders to do when we encounter purveyors of soul-destroying substitutes for the true gospel:

Full article

2. I think 2010 will be worse because it will be the year when people realize that there is not going to be a easy fix for the economy. In spite of the hype coming from government and Wall Street there really is no was to avoid a full fledged depression or hyperinflation. I think this article called 2010 will be worse explains it very well. Here are a few clips.

The year 2010 is likely to be the pivotal year where pundits stop referring to the recession and begin openly talking about a depression.

Our economic problem is rather simple to describe: There is too much debt relative to income and/or wealth. Below is a single graph that depicts the condition of our economy. It shows total debt of the U.S. as a percentage of GDP from 1870 forward

The government has decided that the cure for too much debt is more debt. This solution cannot work, especially when credit is already so overextended. Income and wealth cannot support present debt levels. Credit will adjust back to the mean, regardless of what the government attempts. Whether this is via orderly payment or via default, the reduction in debt is inevitable.

There are only three possibilities with respect to meeting 2010 funding needs:

• The Fed continues its QE beyond their planned cessation in March 2010.

• The Fed raises interest rates to levels that would attract the capital necessary to fund government operations via conventional credit markets.

• No Fed action is taken. That would cause the government to default on some of its obligations.

None of these alternatives is attractive. The unpalatable choices arise from prior Fed and governmental policies. To avoid recessions over the past fifty years, the government abused and then finally exhausted all reasonable options. After years of mismanagement, the government is in a quandary of its own making from which there is no escape.

Full article

Other events that may make 2010 worse than 2009.

3. The Middle East is in real danger of a major war this year. There are many things that could spark this war with Iran and Hezbollah being the chief concerns. If a regional war should happen this year I expect it to rapidly turn into a world war against all radical Islam. The wild card is if Iran has a revolution or Hezbollah uses its power to fight against the Lebanese government instead of Israel. These developments could slow Iran’s nuclear ambitions and weaken the Israeli opposition and delay the world war a few years.

4. People are dying all over the world because of  unusual cold and  governments are still planning to tax us to pay for imagined carbon caused global warming. I think this may be the year that people of the world will finally wake up. We may see a backlash against this tax and power grab by globalists. The tar and feathers might appear in the not too distant future.

5. I do believe several successful terrorists events will be carried out in the United States in 2010 and Obama will take the heat.

6. I think there will be unrest and riots in many nations in 2010 and possibly even in the United States

7. It might not be all bad  in 2010. The Far Left controlled house and Senate might get a rude awaking this year when people rebel against the unconstitutional Health Care Bill the unconstitutional reckless bail-outs and many other unconstitutional actions of Federal government? Watch the progress of the tea parties and state rights legislation.

The reason the world needs saving is because mankind is clearly insane in his fallen state. Mankind will somehow always make the collective choices that will bring a type of hell on earth. A study of Bible prophecy and world history or the collective actions of our present world leaders makes collective insanity on earth a undeniable fact.

Man without God will make all the wrong choices over and over again.

like a very wise man once said, “there is nothing new under the sun”. If you think that man’s collective insanity is not being played out on earth today it is probably because you are an inmate of the collective insane asylum named planet earth.

The elite of the world have the collectively insane idea that they are more highly evolved and can help the rest of humanity to evolve to become more like them.  Criminally insane!

Most of the world elite are life members of a special class of people….self deceived buffoons. They are the splitting image of their own daddy that runs this evil world system. If you need  examples of their collective insanity just look at what the elite brought on the world throughout history and where these world class buffoons intend to lead mankind today.

The place of utopia the elite think they can bring on earth could only be described as a funny farm where workers exist to bring them honey.

We could talk about the world economy where the world buffoons still think prosperity comes by going further into debt. Just read the article, it is very clear why it will not happen! The world is heading for a total economic melt down. People have to be nuts to believe that collective godless socialism can ever bring anything on earth but mediocrity and tyranny.

Gee.., why don’t we just keep making the same mistakes over and over and expect different results!

AL Gore and Nancy Pelosi even told us they are trying  to save the earth………ha ha ha, next someone will tell me that Al Franklen of “Saturday Night live” was elected to be a U.S.  Senator, ha ha ha ha ha… or that someone from the extreme Far Left with Muslim foreign roots and terrorist, radical and racist mentors with the name of Barrak Obama was elected President of the U.S…. and now Czars are running the American government… ha ha ha everyone is a comedian!

Its “Howdy Doody Time” boys and girls and I am Buffalo Bob Smith and Clarabell  just converted Mr Bluster to Christ.

What happened to Great Britain? Sometimes I think there must of been some truth to the science fiction movie about the “Invasion of the body snachers” that came and replaced real humans with collective look alike pods. We once thought the book “1984“ was science fiction but the British are proving that it was actually the prophecy of their own future.

Maybe it is time for a name change? Great Britain just does not fit anymore. What is great about Britain?  How about “New England”? Their New England flag can be Big Brother and jack booted Nanny holding a Swastika together. The people in “New England” are walking around like mindless robots under the control of watchers. Lest you think I exaggerate there soon will be more eyes watching the pods to make sure they keep the Nanny laws then there will be mindless robots. The only thing that will exceed the monitoring will be death and taxes.

Now in Britain…er… I mean “New England” they are trying to pass a law that will effectively outlaw Evangelicals and Catholics.

You have to read it to believe it. I guess some Christian leaders that wanted Catholics and Evangelicals together will actually get their wish fulfilled after all when they put Catholics and Evangelicals in the same prisons. If the mindless in “New England” allow this to happen I am sure this hate Christians bill will then work its way through the collective minds at the EU and UN.

I guess I should also mention the collective insanity on planet earth when it comes to world religions. One fourth of the earth believes in a fascist religion called Islam without an ounce of supporting foundation or fulfillment in prophecy that the words actually came from a strange capricious god. Another fourth of the world bow before and pray to gods of their own making. Another fourth of the world think man can become a  Buddha like god by contemplating yourself. A good part of the remaining fourth of religion is a Harlot with the world.

I always warn people that there is something to offend just about everyone on my website. Who wants to hear unvarnished truth that the religious beliefs of most people on earth prove that more than 90 percent of the world is insane? At least I try to be an equal opportunity offender.

Meanwhile the real God of creation comes to earth to save mankind from their collective insanity and the world rejects Him because His way of salvation is just too easy. It is free and all they have to do is believe Him and accept His loving Savior that paid the price of their sins.

But nah… they refuse to believe God because He is not the God of their own imagination that requires constant appeasement and/or all kinds of self righteous insanities to try to earn a perfect God through their own works. Nuts!

Vox Day in this article on the dire sign of Dubai implies the default of Dubai World is just the start of the unraveling of tens of trillions of dollars in world debt. The article contains a pretty compelling graph as it compares world debt to the 1930’s and world gross national product.

The problem with excessive world debt is not limited to the United States. That is why those who just think only the dollar is going to crash are short sighted. The whole world banking system is going to fail. Many nations have been spending way beyond their means. Now everyone with major investments owns the IOU’s of the world not just the debt of the United States. Most banks and investment companies owe far more money than their assets are worth today if they had to sell. They are hoping that if they can hang on to these investments long enough they will regain their value. That is just wishful thinking. One day soon a fire alarm is going to go off and and everyone is going to run for the exits at the same time. When that happens expect worldwide martial law and a world full of wars when many nations try to secure tangible resources by force.

A prime example given of the dire debt situation is this article that questions if Britian is also on the brink like Dubai. I think Britain is on the brink, but you could take this article and insert the United States, Japan, Spain, Mexico, or many other nations and most of what is said in this article would apply just as well to them. The whole world is on the brink. Like Fox Day seems to suggest in his article above about two-thirds of the world debt is never going to be paid. Think of the implications of that for the standard of living of people everywhere.

Another article in Asian Times online, “Dubai, Debt and a return to reality”, By Chan Akya, gives a pretty clear picture on what is happening in Dubai and why the world debt implications will not be limited to Dubai.

I have read worse horror stories today than these three articles, but even though they might come true they are more speculative, so I will pass on the more conspiratoral nightmares.

The bottom line is really this:

I wrote on the world debt problem ten years ago and updated it earlier this year. Everything I said in that article still applies and is happening before our very eyes. Do not believe the latest nonsense that the world financial crises is over and that we are now going into a recovery. We are just going further in debt and the massive debt burdern will just make the next crises far worse than the last. With the debt hanging over the world the economic depression has hardly even begun yet.

The world debt is like a house of  paper cards with IOU’s written on them. Dubai is only one IOU that was taken out but that card may be super-glued together and put back in to keep the house up a little longer, However, there are countless other IOU cards coming due and each of them can bring the house down if it is not promptly remedied.  Soon world events will bring a strong breeze and the temporal repairs will not hold, and then the whole house of debt will come crashing down. Perhaps the breeze could be an attack on Iran or a war on the sub-continent or just more massive defaults. Who really knows?  But, sooner or later people are going to realize that there is 35 trillion dollars in excessive debt in the world and realize that those IOU’s can never be paid and then there is going to be a real world panic.

The world across the board is in worse shape than the early 30’s after the stock market crash of 1929. Remember that the crash of 29 did not cause the world depression it was excessive government spending and debt as compared to their GNP that caused the depression. Everything that followed including World War II was just the inevitable consequences of certain people that thought they could regain their good life of excesses by finding scapegoats and taking the resources of other nations.

The economic collapse today cannot be averted because professional politicians that run our most prosperous republics have to please those who get them elected and re-elected. Therefore, they will never make the hard choices and will continue to approve massive new spending programs. They will do all they can to ease the pain in the nation until the next election by borrowing but they know full well that the end results will mean higher taxes and stagflation for generations. As if those generation could even pay the interest on the debt that they are racking up but this is increasingly unlikely

I gave the only real solution at this point for the United States in my last post.  So there is little point in repeating it again. In short, the solution is to default on our own debts before the other nations do and go back to a constitutional government and constitutional monetary system rather than become perpetual slaves of international monitary power brokers that have been driving the world to the brink for their own idealistic purposes of world government and a world currency. They certainly could not run the world any better than they run their own homes and nations so why even buy into the world goverance lie?

I hate to be the bearer of bad news but the plain truth is that there is no way that we are going to get out of this economic mess without defaulting on our debt or just inflating away the value of the dollar until it becomes green toilet paper. The end of all things economic will soon be upon America but if you bear with me I do have a solution.

Those who think there is going to be a major recover are just listening to wishful thinkers and liars. It cannot happen. Banks that hold commercial real estate are soon going to have to reveal a bust as big as the housing crash. Also the housing crash itself is not over by a long shot. There are  millions of homeowners missing payments and that means banks are not going to get paid. All that means that there are huge government bailouts and bankruptcies still coming and there will be more unemployment and higher costs of most everything due to a falling dollar. It is not just going to be a double dip recession, it is going to be the end of all things economic as we know it.

Even if we had a major recover, and we won’t, we still would not be able to pay our debts. By 2020 the U.S. will have at least a 30 trillion dollar national debt but it will never get that far.  OK, lets just pretend it will, and we will use that 30 trillion figure just for the fun of it. What will be our interest payment on 30 trillion dollars at 5 percent interest?  It comes to 1.5 trillion per year! That is more than the United States collects in taxes from all sources. So how then does government pay for anything else besides paying the interest on the national debt? That is the inevitable conclusion and there is no way around it other than making dollars worth Scott.

Our national debt is only part of the story. For several decades our government has been robbing our trust funds (like Social Security and Medicare). There is nothing in them but IOU’s. The bills for entitlements are going to start coming due next decade and the government has no means to pay back the IOU’s.

Also what do you think happens when the baby boom generation starts cashing  in its investments just so they can live or retire? Lets explain it this way, if millions today started selling stocks on the stock market because they need the cash to live on and there is no one with cash to buy the stocks what happens to the value of the stock market? It crashes! So lets not live in some idealist delusion. The fact is that many people are going to have to start selling their assets and there will be few in the economic position to buy them. That is a recipe for a depression. The plain truth is that until people get good jobs and start buying again, America cannot be prosperous. Americans cannot create good jobs when they certainly will be heavily taxed to pay the enormous cost of  liberal government and the debt it has heaped on our heads.

Those foreign countries holding U.S. dollars are getting nervous for good reason. They see us still spending like drunken sailors and they are beginning to think they made a huge mistake by lending us money. I have news, they did!  When people or nations make bad investments they have to face the consequences, and these nations will face the consequences of their own greed to take dollars to sell us the products of near slave labor or by charging us fifty times what it cost them to pump oil. The consequences will be that we are not going to be able to pay them back with dollars that are worth anything near what they were worth when they got them. They wanted to rip us off but in the end they will get ripped off themselves

Now we in America have to look after ourselves. These foreign nations within months to a couple of years are simply going to stop lending us any more money. That is going to stop the good times here in America for a long time and it will also bring a world disaster. Japan has more debt than we do and so does Britain. If we stop buying Chinese goods they are going to have one hell of a revolution over there unless the tyrants that run China start a world war to keep the people employed and focused outward.

So is there any solution? There is, but it will not be without pain. The best way to understand what has to happen, is to reduce the problems of  our nation to one individual component of a nation, that would be a family. When a family has so much debt that it can no longer pay its creditors the head of household declares bankruptcy. The results are that those who lent them money lose almost everything. The family gets to start over but nobody is going to lend them anything until they build up some trust again. So the family will have to live within their means for quite some time. It is the same with nations. In one way or another we will declare bankruptcy and we will have to then live within our means. That really means that most Americans will have to live on less than half of what they have been living on.

When the Far Right takes over (by election or revolution) from the disaster that the liberal politicians and now far left radicals have brought on this center-right nation, the nation is just going to have to tell the rest of the world that the old dollar backed by nothing is dead. They made a bad investment and they lost, and we are starting over with a new currency backed by gold or something tangible. Maybe we will give then 10 cents on the dollar because we are nice. Also, do not cry too many crocodile tears for those holding our foreign debt. Had we not bought everything from them they would still be in the dark ages. So they ought to at least thank us for giving them the means and the technology to make it possible for them to manufacture things and they should thank us for fighting all the wars for them before we went broke.

Most of our national debt is really owed to ourselves so that means that everyone that had faith in bonds, insurance companies, etc. in this nation pretty much goes broke and has to start over. Then we will have to start a whole new monetary system backed by something like gold and live within our means just like that family that declared bankruptcy.

So what will the world do if we default. Will it stop trading with America? Perhaps some nations will but we need to start making our own things in America again anyway. Nevertheless, other nations will soon see a U.S. free of debt with a currency backed by something tangible as a good place to sell their own products, so they will. I simply do not see China and Japan refusing to sell products to the main nation that keeps them employed. They might never want to lend to us money again but that is good. We should never go into debt again. We will have to have a government that by law can spend no more than it collects.

So what about all the future entitlement costs for those that expect Social Security and Medicare?

There will have to be a pay as you go system to pay for Social Security and people are simply going to have to work longer. Medicare cannot be fixed. Medical costs and our whole system of medical care is totally nuts so we will have to scrap that whole insane system and go back to the way medical care was done before it was taken over by insurance companies and government.

Paper pushing jobs driven by insurance companies and government add more than a third to the costs of health care I fully explained that a couple of years ago in this article. We have to get rid of health insurance and government bureaucracies like Medicare and Medicaid. What we need is for medical providers to compete in the free market system without much outside involvement. People should pay their full medical bills unless they do not have the means to pay. If that is the case the taxpayers would subsidize the cost based on a sliding scale. People could buy a catastrophic policy if they wanted to protect their wealth but these insurance companies would not get involved in medical procedures it would be more like life insurance.

You might think that you cannot afford to pay your own medical treatment but in most cases you would be wrong. You certainly will not be able to afford it in the future if we keep going the way we are going. If we got rid of all medical insurance and government medical bureaucracies the cost of each medical procedure that you might need would be about half of what it costs today. When you think about it, you are already paying almost half of the costs of your medical care already with co-payments, coinsurance and things not covered.

Today at least a third of the costs of your medical care are to build and staff those huge insurance companies and the costs on the other end for doctor offices and hospitals to comply with the insurance companies and/or government paper work. Do you realize that the average small medical office employs at least one person to just do paperwork to satisfy these bureaucratic layers and another person is needed on the insurance and government side to approve, deny and process the claims? That’s a couple of unnecessary people employed for just one small sized clinic and you wonder why medical costs are high?

Not only that, you have people with high school diplomas in insurance companies and government telling doctors what procedure they can and cannot give and what drugs they can and cannot prescribe. The system is simply nuts! We need to go back to a medical system where doctors got paid in cash or trade and we need to means test those people subsidized by the taxpayer. We also need to get rid of the ambulance chasing lawyers through tort reform.

Yeah,  TEOTWAWKI (the end of the world as we know it) is coming sure enough, but America will not be the first financial disaster in the world and it will not be the last. If we insist on a sane government that upholds our Constitution, gets out of debt, rejects socialism, collectivism, squandering and hedonism we can get out of this mess.

I hate to be one old Jack Frost here, but I think that people are being misled by economic fair weather friends. Green shoots in the economy in November does not mean that summer is coming.  We had a economic cold spell and it now looks to be moderating into Indian Summer but winter is still coming to America. The great economic winter of the United States has barely even begun.

This article by Ron Paul tells you to be prepared for the worst.  I agree with Paul, a bad economic winter is still coming to America. Ron Paul thinks we have about a year left before what I call the economic winter hits. I do not know if the economic winter will hit tomorrow or in five years but I do know we only have a short season left. If I look at the big picture on America’s economic condition that is the only conclusion I can come to.

The old crows in Washington picked the money tree clean and dropped half digested leaves out of helicopters, but the money tree is now bare. Seeing that the money tree is already bare you ought to get prepared for economic winter.

Obviously if  Uncle Sammy is going to put trillions of dollars on his credit card and then just drop the money out of helicopters people are going to pick it up and buy things, but the bad news is that Uncle Sammy’s credit card is now over its limit and the creditors are getting nervous.

What happens on your own credit card when you are too far in debt and your bank gets nervous? The lenders will raise your interest rate and they will not increase your limits anymore. What will happen to your cash flow then when that happens? It will be the same thing with the United States. Those buying America’s debt will soon demand more interest and they will also quit expanding our line of credit.

So, within the next few years instead of the government putting trillions into the economy like it did to create this economic Indian Summer, Uncle Sammy will have to use his income  to pay his creditors back. Then the people and programs that also depend on Uncle Sammy will know that economic winter has arrived because Sammy will not have enough income. Rather then have a revolt from his dependents Uncle Sammy will either raise taxes or print funny money but those actions will bring either a depression or hyper inflation and economic winter will have arrived in America.

The six main reasons why economic winter is coming.

• Uncle Sammy has been spending far more than he has and he is now borrowing from loan sharks.  Interest rates are sure to rise fast shortly. If Uncle Sammy does not pay the loan sharks they will break his knee caps.
• Uncle Sammy has been embezzling all of the money out of public entitlement funds for decades and replacing them with worthless IOU’s. When people find out that Uncle Sammy robbed them blind and cannot pay the IOU’s and that they will not receive what was promised to them, they are  going to get real ugly. They certainly will not be willing to send Uncle Sammy any more of their hard earned money.
• Uncle Sammy has become a socialist. He thinks you create wealth by robbing the productive and redistributing it to the unproductive.
• Uncle Sammy is a gullible sucker and is taken in by every scam that comes along. His globalist fair weather friends just came up with the mother of all scams. It will double the price of Uncle Sammy’s energy. The scam is in convincing Uncle Sammy that they can make it cooler in the Summer by making Uncle Sammy’s energy too expensive to use in the winter.
• Uncle Sammy is getting old and did not have children. The children he did not have will not be coming to his tent to take him out for lunch during the economic winter in America.
• Uncle Sammy has become Godless and perverted.  Therefore, there will be no divine intervention to prevent economic winter from coming to America.

During the past two weeks I have been relocating to the Ozarks. The comments are now opened again on all posts. I will be quite busy off and on until I get settled here so your comments could take a day to appear at times. I probably will not have a lot of time for new posts either for a few weeks.

I see while I was gone the nation has gone back to irrational exuberance as if the worst is now over. Don’t bet on it! There is a whole other shoe to drop on home foreclosures and commercial real estate foreclosures are also about to hit the banks. By this fall banks will be failing like dominoes all over the nation.

When the government puts trillions of dollars into the system it has to be spent somewhere and that is why you see some signs of a recovery. The problem is that the government money is not endless and it does not come from nowhere. They are now charging trillions on their national credit card that is already overextended. The next major crises will come when the creditors want to get paid back. Since we can only pay these huge debts with paper money fresh off the printing press it will result in a devaluation of the dollar or high interest rates. That will either make everything more expensive (inflation) or the high interest rates will put us back into a worse depression. Either way, there is no major recovery on the horizon. Things really could get significant worse.

So far health care legislation and carbon tax and-trade legislation has not make it to the President’s desk yet. Lets hope they never do or the costs of those programs will aggravate an already weak economic situation. By the way, has anyone noticed how cold temperature records are being broken all over the world even with rising CO2. The global warming models have been wrong but that should not surprise us since the whole global warming theory is junk science baloney. The earth is now growing significant colder. We better hope that a big volcano does not go off or we could be in a deep freeze this winter.

lets also not be myopic about Iran and N. Korea either. Do liberals really think that if we ignore these urgent problems that this is still not going to bite us in the butt within months? What will a strike on Iran bring to the economic stability of the West?

Someone might be interested in my relocation experience. I loaded a 26ft UHaul truck and towed a car behind it on a flat bed car carrier.  I guess the whole rigg is fifty or more feet but you do not need a special license for a rig that is  longer than a semi. Frankly, if you see someone pulling that set-up near you, you would be wise to get out of their way. Most gas stations are not set-up so they can make a turn in their station. In one place I could not make the turn and hit the post and had to unload the vehicle from the flat bed and get some people to push the trailer back away from the pump and then put the vehicle back on again. Now you know why those posts are protecting the pumps. At one rest stop I could not make the turn in an unusually narrow rest stop for tractor trailers and about tore off a bumper of a flatbed trailer parked at that rest stop. So now I have to deal with that accident report. My advice is to let someone else move you, you might save a little with the Uhaul but it is not worth the risk. Last time I moved with a UHaul a semi hit me in the rear.

So here we are in the Ozarks. It is a great spot to get away from people. I can only see one light at night. We have about five acres of open area in the middle of heavily forested area. I think the house sit on top of a ridge for the view or else they built it there it to try to catch passing tornadoes.

I cut the grass yesterday and that took all day. That was not much fun in the heat. I think I will go to brush hogging most of it  every year or two rather than trying to mow the whole thing a dozen times a year.

The house is nice in some ways and strange in others. In most of this part of the Ozarks there are no building codes so people build the strangest houses. This house has two bathrooms but to get to one you have to go through the other? The one bathroom is as big as a bedroom and has kitchen cupboards and even a double kitchen sink? The pine siding on the house needs work because they did not coat it with quality wood covering so now we need to get that taken care of pronto or insurance is going to drop us.

Of course we only have a 28K Internet connection. That seems to be the standard for rural areas of the country, you cannot even get 56K dial-up. When is someone going to develop long range over the air Internet for us rural people? I probably will have to move to a third world country to get it.

We looked for a Church on Sunday and showed up for the service time they had on their sign. That was a big mistake we got there for the last fifteen minutes of the service.  I don’t think that Church will work out for us so we will be looking again next week. Looks like we will have to travel about 25 miles to find a church that even has a full time pastor.

Hay, the blue grass music on Saturday night was fun.

Gerald Celente is interviewed by Human Events in my quoted article and like usual world trends forecaster Gerald Celente has some interesting things to say. I see things pretty much happening the way that Celente is saying myself. If you see any green shoots coming from this administration’s nutty economic policies you better pick them and convert them into something useful while you still can. Housing is not going to recover with all the unemployment, repossessions, and the now rising interest rates. The interest rates have to rise because no one wants to finance our risky debt anymore. So our government will just print the money they need causing the crash of the dollar and making a great recession into a great hyper inflationary depression.

I do not see any substantial recovery in the next year but the next year will seem like living in good times compared to what is coming. After the hyper inflationary depression starts I see America’s living standards declining to that of Mexico. But, our spoiled brat criminal generation who expect endless handouts from everyone will just burn the cities and take what they want. Then a world war will be necessary so everyone can be enslaved by government in the name of national security. At that time you will see a dictatorship, martial law, script coupons for money, a draft, and rationing of everything. We also might have a civil war and/or secession because some states and some people are just not going to go along with the federal agenda.

Celente thinks the bail out bubble will burst in 2010 and hit full force about 2011 and that sounds about accurate to me. After that you will have civil upheavals and martial law. Then the foreign war will probably come before the national presidential election in 2012 so there will be no election just an indefinite extension of political terms.

I am not saying our government will start that war on purpose but when your in a national crises your enemies come for the kill and it gives reasons to overreact. The U.S. must be economically destroyed and our nation largely disarmed for the Beast out of Europe to gain power over the world. One way to get America to disarm is to destroy her economy by making the dollar so worthless that she cannot afford to make new weapons and also to get America in a world war so she will use up all the high tech weapons that she now has. The war of course will be for the purpose of subjecting most of the radical Muslim nations to the Beast that is rising out of the old Roman Empire. So that probably is why America is not in Bible prophecy.

Anyway I think you will want to know what Gerald Celente has to say. Perhaps David Wilkerson’s vision is also correct.

Exclusive Interview with Future Prediction Expert Gerald Celente – HUMAN EVENTS

Human Events had the opportunity to interview forecaster extraordinaire Gerald Celente, President of Trends Research Institute, several days ago — and the future he predicts looks bleak indeed. In fact, as Mr. Celente sees it, the Great Depression will seem like a mild recession as what waits for us in 2011 hits with the force of a Katrina financial hurricane.

Mr. Celente puts part of the blame squarely on the federal government, and especially FED Chairman Bernanke and Treasury Secretary Geithner, and warns us not to believe a word they say “They’re the same people who didn’t see it coming – are now telling us the worst is over, that ‘green shoots are spouting upwards’. But they were wrong before. They’re wrong on this too”.

“When you pump out tons of money manure into this system based on nothing – printing press paper, it’s like giving a patient with a chronic disease a pain killer — it won’t cure the patient.”

“But let’s go beyond the economics. Our whole Constitution has been abrogated. The president simply writes an Executive Order to do whatever he wants. Nationalize the banks, take over the insurance industry, automobile industry, health care industry…
None of it is constitutional.”

Mr. Celente observes that “people used to think of America as that shining beacon on the hill with ‘liberty and justice for all…’ .” So what happened?

“Morality is missing from our American public consciousness. Start with Wall Street. It’s run by a criminal gang. The only question is ‘how much can you make, how much can you steal?’ At the bottom, the welfare recipient says ‘how much can I take?’ And the government is in on the take.”

“Our society is now based on consumption — 70% of the GDP. This is more than we produce. So to pay our bills, we use funny money invented in 1913 with the creation of the Federal Reserve and the fiat dollar based on credit (debt) — the fractional reserve system. In 1930’s you bought what you could afford. You saved up to buy your home. The easy credit of the 90’s has destroyed the country. Now you borrow what you can’t afford – and the nation’s done the same.”

Mr. Celente predicts the use of printing press money will cause the “greater depression”.

“I predict continuing deflation of real estate, followed by extreme currency inflation — ultimately becoming worthless.

“Our unemployment numbers are also bogus. For example, the construction industry is really above 20% , and the government is creating low-level jobs, not real jobs. The US total real unemployment is more like 16%. Before the crisis is over, it will reach 25% – great depression numbers.”

“When people have lost everything they have nothing to lose. Violence and crime will explode. Look at the OECD figures. The number of people not graduating from high school is exploding — they’re wacked out on drugs. New York City will look like Mexico City in a few years. The collapse of morality from top down — and especially in the government — makes it inevitable.”

“We predict state secessionist movements will rival the breakup of the Soviet Union.”

“The only way we can ever recover is to return to individual community, personal responsibility, local government. Next, average will disappear, Quality will return. Look at GM. Junk cars financed by junk bonds. Now owned by a junk government. As a consumer, don’t consume quantity — consume quality.”

“Now they’re creating the bailout bubble — which will ultimately dwarf the real estate bubble. It will cause the implosion of the global economy world wide — which will not be able to be repaired by creating yet another bubble. Every time the government fails, it tells a bigger lie and then a still bigger lie.”

“These previous bubbles were not allowed to pop — but they didn’t destroy the infrastructure of the country. This bailout bubble will.”

“But this bubble will be the last one. After the final blowout of the bailout bubble, we are concerned that the government will take the nation into war. This is a historical precedent that’s been done over and over again.”

Full article

The hard left that has hijacked America with flattering lips and lies is now following the economic ideas and even the social beliefs taught by the atheist pervert named John Maynard Keynes. So you really ought to know something about what Keynes taught and believed and where those following Keynesism will take America.

Keynes opposed the free economic system and his views helped form the ideas of the Nazi and Marxist socialist systems. His views today are held by Fabian socialists that now control the Democratic Party of our nation. People who believe in Fabian socialist Keynesism control many of our universities, national media, foundations, and government bureaucracies. Now with the economic collapse they are also rapidly taking control of our big corporations. Did you know that some of the same Fabian Keynes socialists that brought about this economic collapse are now running the show to fix it?

This article will give you 30 points about John Maynard Keynes. I quote several points from the article below. So do you really think this administration will solve the economic crises following the economic perversions of this man? Do they even want to? Or like Keynes, do they really want to keep the nation in debt and to create inflation? Keynes thought inflation was a good thing because it secretly confiscated the wealth of its citizens and gave it to government. If knowing our leaders would follow such a perverted man does not make your blood boil you are probably already dead.

John Maynard Keynes

“Veritas [foundation] feels that without doubt the following study will prove that the Keynesian ’system’-if it can be called a system-is the primary economics system being taught in Harvard. Veritas also feels that “Keynesian economics’ is a misnomer. It is not economics. It is a leftwing political theory.” Zygmund Dobbs, Research Director, Keynes at Harvard. New York, NY

No matter what phase of left-wing infiltration we study, be it in government, in information media, in foundations, in labor unions, or whether we deal with Keynesian socialism, neo-Marxian socialism or with Bolshevik communism, the tracks lead inevitably to Harvard University

Today [British] Fabians use the teachings of John Maynard Keynes as their catechism of political economy. The American Fabians have slavishly installed Keynesism as the new faith, both in the Universities and in Government bureaucracy. To lay bare and dissect these premeditated deceptions is the true task of the political science of our day

Keynes was characterized by his male sweetheart, Lytton Strachey, as ‘A liberal and a sodomite, an atheist and a statistician.’ His particular depravity was the sexual abuse of little boys.” Zygmund Dobbs, “Sugar Keynes.” See Goggle “John Maynard Keynes: Lavender & Bolshevik.

The entire Keynesian apparatus is based upon the principle of control and regulation by government…capitalism should now be regulated and controlled by a central authority…One of the central themes in Keynes’ system is a condemnation of the principle of ’savings.’ …Here is [Keynes] General Theory in a nutshell, with its trans valuation of all values. The great virtue is Consumption, extravagance, improvidence [not providing for the future]. The great vice is saving, thrift and ‘financial prudence

Keynesian leftists…are confident that a great national debt and continuing inflation plus enormous internal and foreign commitments assure the continuance of Keynesian operations for generations to come regardless who is in power

The line between fascism and Fabian socialism is very thin. Fabian socialism is the dream. Fascism is Fabian socialism plus the inevitable dictator.

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You might think that Gerald Celente read my last blog on where I outlined events likely to happen in the next decade. But, more likely just great minds think alike

The article I quote in part below is short and to the point. The bottom line is that world trends forecaster Gerald Celente thinks that after the bailout bubble bursts the only trick the wizard behind the curtain will have left to keep good ship Lollipop afloat is some pretext to take the nation to war.

That is logical because after it is known that trillions of dollars of taxpayer dollars were wasted trying to stuff dollars in the holes of the rotten ship there will be no more support for bailouts from taxpayers when they cannot even bail themselves out of debt. There simply is no way floating bubbles full of dollars at this financial sinking ship is going to stop the ship from going down. Every bubble they blow to plug the rotten ship will burst and creates a even larger hole.

After this bailout bubble bursts the taxpayers are not going to be willing to print more dollars to keep plugging rotten holes with dollars that soon would become more valuable as green toilet paper. Not to even mention the U.S. treasury bond bubble that will burst right after the bailout bubble. It can only lead to national bankruptcy unless….there is a huge war.

Only in time of war can governments massively increase taxes during a depression without creating more unemployment and a revolution. Usually when tyrants and socialists get their nation in this position they find some convent scapegoat and create a enemy that has to be defeated at all costs by everyone in their nation. If they can convince enough people in the nation of the external threat then people willing or unwilling are forced to take on huge tax burdens and endure sacrifices to save the nation from the threat. We have many examples of this in the past and also in the world today. A prime example today are those living in North Korea.

So it is not illogical to think that the U.S. and other Western nations will see some necessity for a war to keep their progressive new world order agenda on track. I would not say they are actually conspiring to do this like some think, or even planing to do this, because these idealists actually think their often disproved economic theories will work this time (proving their insanity).

The war will probably come about because of real world conflicts but when the economic policies fail and the bubble bursts, government could be all too willing to find a reason to go to a national war footing to increase taxes on everyone and make everyone a slave of the state. There are obviously conflicts readily available in the world to bring this war about anytime they want.

The domestic social unrest in the resulting depression after the bailout bubble bursts might make certain people want to create a war time economy to deflect from their failures and not waste such a good crises.

Yonkers Tribune : Gerald Celente Trends Alert – The “Bailout Bubble” – The Bubble to End All Bubbles

Washington is inflating the biggest bubble ever: the ‘Bailout Bubble.’ “This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the ‘Bailout Bubble’ explodes, the system goes with it.”

trillions of dollars are being injected into the stricken economy.

Phantom dollars, printed out of thin air, backed by nothing … and producing next to nothing … defines the “Bailout Bubble.” Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the “Bailout Bubble” pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

With no more massive economic bubbles left to blow up, they’ll set their sights on bigger targets. “Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war,” observed Celente.

“At this time we are not forecasting a war. However, the trends in play are ominous,” Celente concluded. “While we cannot pinpoint precisely when the ‘Bailout Bubble’ will burst, we are certain it will. When it does, it should be understood that a major war could follow.”

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Things are getting pretty crazy out there to say the least so I think I will give you my world trends forecast for 2010-2020 AD. I think the next decade will be the most violent decade since the days of Noah. The only decade that will exceed it in violence will be decade of Jacob’s trouble which will probably begin sometime in the 20’s. Here is a glimpse of some of the things I think we can expect in 2010-2020. I am not a prophet.  They certainly do not have to occur just because I think they might. They are not in any specific sequence.

• The United States and the world will not recover from the economic downturn other shoes will drop and unemployment will stay high right into the next world war.
• There will be a world war early in this decade and there will be civil war in many places. The World War could start with an attack on Iran but will also likely contain the Psalm 83 war. This war against radical Islam could also start over Pakistan. No matter how the war starts, at the peak of the war it will cover much of Europe, the Middle East and Central Asia. Radical Islam will be defeated but it will be a very costly and bloody war. I think a Marian deception will be used to end the war and unite world religions.
• India will take back Pakistan and whole cites could be lost to nuclear exchanges between the two.
• There will be national drafts to fight the world war. The volunteer army concept will be dead.
• The whole world monetary system will have to be scrapped, the most advanced nations will be technically bankrupted because of debt. A  new world monetary system will be set up.  Most people will lose their investments.
• The word democracy may still be used but within a few years true democracies or republics will no longer exist.
• The Supreme Court of the U.S. will turn liberal and the Constitution will only mean what liberals want it to mean.
• The world will embrace the “third way” but the “third way” really is liberal fascism.
• After the world war against radical Islam a religious harlot will be given authorization to oversee all world religion. This religious harlot will claim to be the Universal World Church and have a many paths lead to God attitude. She will be tolerant and inclusive as long as others recognize that the Vatican harlot is the final religious authority speaking for God on earth. The harlot will advise the emerging world government on all religious issues.
• After the war all fundamental religion that teach exclusive paths to God will be outlawed and those who promote it will be seen as a threat to world peace. The religious harlot will persecute all that will not submit to her authority on earth.  Religious holy books will be sanitized and passages that might offend others will be taken out or changed.
• By the end of the decade religious teaching on the air waves and Internet will be controlled. You will have to subscribe to receive any religious teachings. Proselytizing will not be allowed in most of the world.
• Many liberal post-modern Protestant churches will continue down the road of apostasy and join with the harlot.
• The true Church of Jesus Christ will have to go underground in most areas of the world and she will be at great risk.
• A nuclear EMP is very possible over the United States during the next decade and if it should happen it would bring massive civil unrest, riots and martial law.
• We can expect at least one natural pandemic in the world in the next decade but the real danger next decade will be from man made viruses. There will also be famine because of the world war.
• There will be successful terrorist attacks using weapons of mass destruction until after the world war against fundamentalist Islam.
• Due to the growing differences between liberals and conservatives certain states in the United States will secede and there might even be a civil war.  There certainly will be conflicts in areas where police attempt to take away peoples guns. I think the nation will break up into several separate nation states based on ideology but that the separate nations will continue to have open borders and reciprocal agreements.
• By the end of the decade all nation states in North America will  join a new North American Union or face total isolation.
• Western Europe will emerge out of the world war against radical Islam as a western superpower. This will be a new union of nations, it will not include all the same nations as are in the EU today. The new union will be more on the boundary lines of  the old Roman Empire and the recently proposed Mediterranean Union. This revised Roman empire will then set up 10 zones and appoint ten leaders.
• China, India and Japan will be well on their way to becoming nuclear superpowers by the end of the decade.
• North Korea’s military will be obliterated and South Korea or China will take over North Korea.
• Russia will dominate east Europe and Northern Asia and form a block of nations almost on the same lines as the old USSR. Iran will make a defense agreement with the restored Russian superpower after the world war.
• Israel and most Arab ethnic areas will join the European Union/Mediterranean Union after the war.  This will bring a short time of peace to the Middle East that will last until the Gog Magog war (Ezekiel chapters 38 and 39).
• Iraq will escape most of the world war and even profit from it. The rebuilding of Babylon in Iraq will become a major priority after the war.
• Most of Africa will come under the control of the African Union of states.
• There will be a South American Union of states.
• Anything you say or write that is not politically correct and that offends someone else will subject you to hate speech laws and civil suits.
• There will be total surveillance of all electronic communications. The Internet will be policed, monitored and filtered. Talk radio and websites will have to be politically correct or they will be shut down.
• All main streets in cities will be under video surveillance. Geographical locations of homes and the names and identification numbers of occupants will be just two of the many layers on a massive Geographic Information System (GIS) database that will be accessible to all government and law enforcement.
• Unlimited high speed Internet and communications will become available worldwide through some new technology.
• By the end of the decade all new computers will understand human speech and be able to translate anything you say into any language audibly. Powerful miniaturized computers will be taken with you everywhere and have continual access to the Internet anywhere.
• Homeschooling will be outlawed in liberal states. Children will only be taught state approved programs. Parents that are not politically correct will be reported by their own children and parents will lose their children if they persist.
• In liberal states all sorts of sex perversions will be called normal and protected. Addicting drugs will be taxed and legalized and addicts will be released from prison.
• There will be national health care but your access to certain health care will have to be pre-approved by bureaucrats following government guidelines.
• If liberals remain in control energy prices will triple. Burning of firewood without obtaining an expensive permit will not be allowed. It will be enforced by sky police and by rewarding finks.
• There will be food and gas rationing for most of the decade. Fuel will be very expensive and travel will be restricted.
• Foods that Nanny Health Care says is unhealthy will be almost taxed out of existence. Obese people will be forced to lose weight or lose access to affordable health care. If children become obese parents may even get charged with child abuse.
• Meat will be taxed at various levels of production and become very expensive.
• Refined sugar will be heavily taxed to help pay for health care.
• Assisted suicide will be encouraged for terminal patients.
• Government will tax 90 percent of income over a certain level.
• Taxes will take over half of the pay of professional productive people to pay for massive government programs.
• by the end of next decade the standard of living in the United States will be no better and may be worse than most of the rest of the developed world.
• In spite of what some are now teaching, the Lord will not physically return to earth during this decade but the Rapture could occur (or  it may not).