What Will It Take?
24/09/08 17:36
Watch for a special Feast of Trumpets message to be available soon!
The US is facing an unprecedented financial crisis. All of the experts agree something must be done immediately, meanwhile as the market yo-yo’s up and down and stressed out investors find no safe place to rest, congress continues to debate over a plan to rescue the American economy. President Bush has characterized the current situation as a “once in a century crisis”. One thing is for certain, the face of the American financial market and way of doing business will be changed forever. The US government will be firmly entrenched in managing what was once a free market. The UN is calling for more global control of the world’s financial resources. The world is marching slowly but surely towards a world governing system, one which the world will embrace, but one that will ultimately lead to the world’s doom. Faith and trust in God and His Son Jesus Christ, is the only safe investment in this world!
Jack Welch, former CEO of General Electric made dire predictions for the US economy today. Welch says that he held out hope, but that now he has to admit that the economy is in serious trouble. Welch stated that we (US) are in for a deep downturn. He also predicted a brutal first quarter in 2009. Read the story here.
In a move that is reminiscent of Nero fiddling while Rome burned, congress is arguing and bickering over the plan to bailout the ailing US financial sector. Despite dire predictions of the carnage that is soon to be unleashed, lawmakers are trying to place conditions and restrictions on the package. Federal Reserve Chairman Ben Bernanke, testifying on Capitol Hill warned of a Global Market under extraordinary stress and that swift action is urgently required to stabilize the situation. Read the story here.
As US lawmakers debate and stall on a bailout package to prop up a financial system heading swiftly for ruin, the Federal Reserve injected another $30 Billion dollars into the international market to try and buy some more time. The latest release of cash was on top of the $247 Billion that has already been infused into the market to avert a crisis. Read the story here.
The four major players seen as the major contributors to the current US financial crisis are under investigation by the FBI. Fannie Mae, Freddie Mac, Lehman Brothers Holdings, Inc. and American International Group are being accused of fraud. Read the story here.
Iranian President Mahmoud Ahmadinejad, in a message delivered to the UN General Assembly, stated that the US is near collapse. Ahmadinejad further stated that the American Empire is at the end of its road and that its focus should be turned within its own borders. He also accused the US of starting wars in Afghanistan and Iraq and called US forces still in Iraq “occupiers”. The Iranian leader also blamed current global financial problems on US military interventions. Read the story here.
Until next time...
The US is facing an unprecedented financial crisis. All of the experts agree something must be done immediately, meanwhile as the market yo-yo’s up and down and stressed out investors find no safe place to rest, congress continues to debate over a plan to rescue the American economy. President Bush has characterized the current situation as a “once in a century crisis”. One thing is for certain, the face of the American financial market and way of doing business will be changed forever. The US government will be firmly entrenched in managing what was once a free market. The UN is calling for more global control of the world’s financial resources. The world is marching slowly but surely towards a world governing system, one which the world will embrace, but one that will ultimately lead to the world’s doom. Faith and trust in God and His Son Jesus Christ, is the only safe investment in this world!
Jack Welch, former CEO of General Electric made dire predictions for the US economy today. Welch says that he held out hope, but that now he has to admit that the economy is in serious trouble. Welch stated that we (US) are in for a deep downturn. He also predicted a brutal first quarter in 2009. Read the story here.
In a move that is reminiscent of Nero fiddling while Rome burned, congress is arguing and bickering over the plan to bailout the ailing US financial sector. Despite dire predictions of the carnage that is soon to be unleashed, lawmakers are trying to place conditions and restrictions on the package. Federal Reserve Chairman Ben Bernanke, testifying on Capitol Hill warned of a Global Market under extraordinary stress and that swift action is urgently required to stabilize the situation. Read the story here.
As US lawmakers debate and stall on a bailout package to prop up a financial system heading swiftly for ruin, the Federal Reserve injected another $30 Billion dollars into the international market to try and buy some more time. The latest release of cash was on top of the $247 Billion that has already been infused into the market to avert a crisis. Read the story here.
The four major players seen as the major contributors to the current US financial crisis are under investigation by the FBI. Fannie Mae, Freddie Mac, Lehman Brothers Holdings, Inc. and American International Group are being accused of fraud. Read the story here.
Iranian President Mahmoud Ahmadinejad, in a message delivered to the UN General Assembly, stated that the US is near collapse. Ahmadinejad further stated that the American Empire is at the end of its road and that its focus should be turned within its own borders. He also accused the US of starting wars in Afghanistan and Iraq and called US forces still in Iraq “occupiers”. The Iranian leader also blamed current global financial problems on US military interventions. Read the story here.
Until next time...