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Wednesday, July 2, 2014

The Approaching Inevitable Market Reversal

ISIS in the Middle East



TRUTHS: No Economic Recovery, No New Jobs, No Fed. Taper.

What Does an "Islamic Caliphate" in Iraq Mean?




  • The newly declared “Islamic State” is trying to reinforce its battlefield achievements in Syria and Iraq by creating a new Sunni Muslim religious entity to overturn the prevailing regional political order rooted in the Sykes-Picot Agreement (1916).
  • The military capability of the “Islamic State” in Iraq to expand the territories under its rule is limited. Therefore, its leaders are directly appealing to Muslims all over the world to support the caliphate and to rebel against existing governments.
  • The declaration of the caliphate escalates the conflict between Sunnis and Shiites and is likely to impact the Muslim communities in the West as well.
  • As a new regional reality emerges in the Middle East, Israel faces new and more complex security challenges than in the past.  These threats, once again, sharply focus the issue of defensible borders west of the Jordan River.
On the first day of the month of Ramadan (29 June 2014), the day on which World Pride Day was celebrated as a marker of social and cultural progress, the reestablishment of the Islamic caliphate (state) was declared in Iraq and a caliph was appointed to lead it.
The declaration of the establishment of the caliphate was transmitted via audiotape by Abu Muhammad al-Adnani, spokesman of ISIS – the Islamic State in Iraq and the Levant (Greater Syria) – which changed its name to “the Islamic State.”

Initial Implications of the Declaration of the Islamic Caliphate

The Islamic State is trying to reinforce its battlefield achievements in Syria and Iraq by creating a new Sunni Muslim religious entity that threatens to overturn the prevailing regional political order rooted in the Sykes-Picot Agreement (1916) which set the borders and carved up the Middle East into European spheres of influence. The rule of the caliphate is applied to the territory under its control. This rule, however, does not accept the existing borders or the division of the Muslims into different states on a national basis. In the view of the Islamic State, the primal sin that led to the collapse of the Ottoman Empire, which was a continuation of the rule of the caliphate, lies in nationalism and in the adoption of Western ideologies, such as democracy, that are foreign to Islam. Hence, the jihad is aimed at overturning the existing order and enabling the expansion of the boundaries of the caliphate to encompass all territory where Muslims live.
The main objective of the Islamic State is to entrench its rule (imposing its authority and defeating local militias such as that of the Kurds) and repel the counterattack by the armies of Iraq and Syria, which are fully backed by Iran and Russia.
The Islamic State’s military capability to expand the territories under its rule is limited. Therefore, its leaders are trying to attain force multipliers by directly appealing to Muslims all over the world to support the caliphate and calling on the Muslim population to rebel against existing governments and thereby accelerate the worldwide Islamic revolution.The timing of the declaration at the beginning of the month of Ramadan is of supreme importance in this context. The organization Hizb ut-Tahrir (which also has branches in the West) has already hastened to welcome the declaration of the caliphate.1 Fear of the Islamic State is evident in Saudi Arabia (the crown jewel in the Islamic State’s vision of conquest), in Jordan (the weak link), and in other countries (Lebanon has learned of the appointment of the leader of the Islamic State).2 The danger of regional instability is greater than ever.

The Caliphate Threatens the Muslim Brotherhood

ISISThe declaration of the caliphate poses a challenge to the rival Islamic organizations and particularly to the Muslim Brotherhood, which has tried to promote the concept of a “political Islam” that combines Islam and democracy (according to the Islamic interpretation) and is aimed at achieving the ultimate goal of global Islamic rule in stages. Over the past year the Islamic State has made clear that it sees no room for compromises with organizations that do not fully and unquestioningly accept its authority, as was well evident in the bloody war it waged against the Al-Qaeda-backed Jabhat al-Nusra organization in Syria until it extracted a declaration of loyalty from this group.
The declaration of the caliphate escalates the conflict between Sunnis and Shiites and is likely to impact the Muslim communities in the West as well. In the Sunni Muslim context, the sense of identification with the caliphate creates conditions for expanded activity by groups associated with radical Islam in the West, including both the recruitment of mujahideen for combat and the perpetration of terror attacks.
Israel, which was not directly mentioned in the speech declaring the establishment of the Islamic caliphate, is included among the enemies that the Muslims are commanded to destroy so as to implement Islamic rule in the world. As a new regional reality emerges in the Middle East, Israel faces new and more complex security challenges than in the past. These challenges include the rise of radical Islam, increasing Iranian military involvement in Israel’s vicinity, direct threats to the stability of the Hashemite Kingdom in Jordan, and the strengthening of elements that support the Islamic State in the Palestinian territories. These threats, once again, sharply focus the issue of defensible borders west of the Jordan River.
Below are the main points in the “declaration of the caliphate,” which is titled “This Is Allah’s Promise.”3
Establishment of an Islamic caliphate: The rule of the caliphate extends over the territories under the Islamic State’s control in Syria and Iraq (“from Aleppo to Diyala”). The Shura Council (Consultative Council) of the Islamic State has appointed Abu Bakr al-Baghdadi as the caliph.
Implementation of Islamic law (sharia): The Islamic State has fulfilled conditions for the establishment of the caliphate. These include, among others, the practical implementation of sharia law in territories under its rule, with Islamic courts set up that mete out sentences in accordance with Islam (executions, crucifixions, amputations, whipping, etc.); mosques taking responsibility for instilling the ethos of the next generation; and enactment of the principles of “the cross is shattered” and “the graves are destroyed.”
Fortification of the rule of the Islamic caliphate: The Islamic State has denied the validity of independent Islamic organizations and frameworks, demanding that all the organizations accept the new government and fully subjugate themselves to it.
The supremacy of the Muslims over the peoples of the world and the goal of an Islamic takeover of the world: The Muslims are the best among the nations, and on them Allah has bestowed his promise of leading the world on condition that they worship him and do not incorporate any other god into the belief in Allah or adopt any ideology in addition to that of Islam. This is the time of jihad and of taking the path of the Prophet Muhammad, after whose death the Muslim nation was able to achieve battlefield victories over the Byzantine Empire and the Persian Empire with its leaders becoming kings and rulers of the world (implying that the Islamic nation of today is capable of overcoming the infidel empires).
Representation of the Muslims all over the world: The authority of the Islamic caliphate is not limited to the geographic territory under its direct control; instead the Caliph Abu Bakr al-Baghdadi is the legal ruler of all the Muslims in the world, and it is their duty to express loyalty to him and obey his instructions.
The rejection of democracy, secularism, and nationalism: The Islamic State commands the Muslims to renounce any worldview that is opposed to Islam, particularly democracy, secularism, and nationalism, and to return to the religion of Islam and thereby fulfill the conditions for Allah’s promise regarding the subjugation of the entire world to Islamic rule.
Ongoing jihad everywhere: In a message to the mujahideen, the Islamic State called for continuation of the holy war in light of the fact that Allah has blessed the Muslims with the jihad and victory that led to the establishment of the caliphate, developments that sow enormous fear in the West and the East.
Credit to Right Side News
Written by Lt. Col. (ret.) Jonathan D. Halevi

Why the Alternative Media Will Soon Be King

alternative media

I used to lament the fact that the 98% of the mainstream media was owned by five corporations. A decade ago, we all knew that the media was controlled, but the public would laugh in our faces for saying so. Today, the laughter and cries of “conspiracy theorist” are fading. The mainstream media is dying and the alternative media is exploding and will soon be king.
This is a highly significant development. If the globalists are truly going to impose draconian martial law control in the United States, controlling the narrative is critical. In fact, if the globalists are going to achieve complete dictatorial control over our country, they must achieve two objectives. First, they must quickly move to control the Internet because the alternative media is approaching critical mass and more and more of the public is waking up. Sociologists will tell you that when a committed movement reaches 10% of the population, the movement explodes!  I will be writing a future article where I fully develop this point.
The globalists are quickly reaching the point where they can no longer tolerate the Hagmann and Hagmann Report, Steve Quayle and Alex Jones. The globalists must move quickly to subjugate the alternative media before it becomes impossible to control the population. This article examines this trend curve.
The following video sets the tone nicely for the subsequent discussion with regard to understanding how the mainstream media is on life support.


Coast to Coast Is the Barometer

When Coast to Coast left the alternative media and became part of the censored mainstream media, that put the show on the road to life support. 
Art Bell used to be the king of night time radio. His show was creative and captured much of America’s listening audience’s imagination.  However, when Art sold control of his show to Premiere Networks and ultimately to Clear Channel Communications, Art lost a good portion of his editorial control and Coast to Coast was never the same. Eventually, Art left Coast and its been nothing but a ratings slide ever since, except for the brief breath of fresh air provided by John B. Wells.
After a period of prolonged instability following the departure of Art Bell as the primary host of Coast to Coast, George Noory entered the scene in 2003 where he has since remained. However, Noory’s listening numbers are nothing to write home about. Once upon a time, some estimated that Art Bell had somewhere around 6-12 million listeners on any given night. In contrast, Noory’s numbers are a much smaller 275,000 to 300,000 listeners per night. Interestingly, the Hagmann and Hagmann report boasts very similar numbers on a good night. Further, Alex Jones averages two million listeners per week, which averages about 400,000 per day which is leaving Coast to Coast in the rear view mirror. If Coast to Coast is to remain a viable entity, they will have to begin to embrace the pioneer spirit of Art Bell and John B. Wells. 
When John B. Wells joined coast, his numbers were anywhere between 750,000 to 1.2 million listeners for any given Saturday night. This ratings disparity could not have resonated well with George Noory.
There were some who were in favor of making Wells the permanent host of the show during the week. This idea was met with draconian repression in an effort to preserve the status quo. George Noory has proven to be a good corporate employee and a great protector of the corporate interest and that is first and foremost in importance to management at Clear Channel. This speaks to the clear message of what Coast to Coast has become.
One has to go no further than Steve Quayle’s website to understand the seismic shift in who the public is following with regard to getting their news. Steve has one of the largest websites in the world. In the alternative media, he is in the top three. He has 1,533 websites that follow his work and publications on  a daily basis. This exponentially increases his reach in a way that would have not been possible before the introduction of the Internet.
The numbers are in, and as you can see below, people would rather go to sites like Steve Quayle, or listen to Doug and Joe Hagmann, rather than get their news from CNN, Fox, HLN or MSNBC.

Case In Point: The Common Sense Show

This past Friday, June 27, 2014, I received just over 30,000 hits on my website. This is not an atypical number of visitors. A year ago to the day, I only received 5,100 hits. I do not think my content improved  that significantly over the past year. Rather, the mainstream audience is moving to the alternative media. Ernie Hancock, owner of Freedoms Phoenix, likes to cite the statistic that we are witnessing almost tw0-thirds of all people under 30 are getting their news from a digital source. My website is proof that the media shift is taking place and is doing so in a dramatic way.
Many of you will remember, that just about a month ago, that my stories on child sex trafficking and Benghazi led to my family being threatened to the point where I decided to suspend my website operations for 2.5 days while I contemplated my response to the threats I was receiving. I was shocked that I would draw the ire of powerful people because of what I printed on my modest website. I have been told that this time the powers that be are upset what I am writing about the crisis on the border with regard to the increasing UN presence and the likelihood of a planned breakout of pandemics as a result of unscreened illegal immigrants. Therefore, I set out on a path to discover the answer to the question, why little ‘Ole me?
I am a statistics person, having taught and written courses in the field.  Consequently, I wanted to know why I was drawing negative attention. Last night, I did an analytical examination of my website and the results shocked me when I extrapolated the stats in a manner which told me how many people I am reaching on a national level. The notable statistic has to do with the a measurement called “unique visitors”. This statistic measures how many individuals have visited my site and the stat does not measure multiple visits by the same person. In the last 12 months, my unique visitors total almost 3.9 million readers. Also, my page views are always well over a million  per month which tells me that these people, for the most part, are not passive visitors. When one analyzes what percentage of the population, over 40, is visiting my website, the estimated figure is that 6.7% of the American middle aged population has visited my site at least one time in the past year. Further, my site is picked up by 1,391 other sites and I have a nationally syndicated radio show. I was stunned at the implications and the numbers and in that moment I realized that I was operating in relative anonymity as I was a year ago. I now understand why I have been a target in recent history. As my dad would tell me, I need to grow up and take my responsibilities more seriously.
When one compares my modest numbers to someone like Steve Quayle, I would make a rough estimate that Steve’s site has been visited by between 10-11% of the same demographic,and these numbers are much higher on some days. These estimates are the result of analyzing both Google Analytics and Alexa which are not perfect cyber metrics, but are capable of showing accurate trend curves.  These numbers are clearly  illustrative of the fact that the alternative media has nearly caught the mainstream media, and in the case of Steve Quayle, the Hagmanns’ and Alex Jones, we are surpassing much of the mainstream media.
Do you realize what this means? Most alternative media broadcasters use Skype, twitter and other social media to increase their exposure. We do not have the large sums of money that Clear Channel can throw at Coast to Coast. Our advertisers are NOT Ford, GM, the big brokerage houses, etc. Our sponsors are sellers of every useful and everyday products such as organic seeds and water purification products whose vendors are normally individual proprietors.

THIS ALL MEANS THAT MAINSTREAM AMERICA IS KICKING THE REAR END OVER ON WALL STREET.

In the alternative media, we are riding the crest of America’s changing news gathering habits. America is sick and tired of the censored news as promoted by the mainstream media on behalf of its five corporate owners. Globalists such as Soros and Brzezinski have bemoaned the fact that the public is waking up. This begs a couple of questions. First, what percentage does Hagmann, Quayle, Before Its News,  et al. have to reach before their collective efforts will totally consume the country? The answer according to most sociologists and marketing experts is about 10% and when that number is reached exponential growth takes place. We are almost there, when one looks at the numbers I have presented in this article. In a future article, I will be detailing how close we are to having the message from the alternative media spread become the overwhelming dominant message. The second question has to do with how long with the purveyors of the status quo of the New World Order allow this unchecked growth, which threatens to greatly lessen their power and influence, be allowed to continue?
With the United Nations being poised to create a policing presence on American soil over the manufactured pandemic crises which are looming, I look for the Internet and our guns to be confiscated under the coming martial law and it will be the United Nations that does the confiscating. Does it make sense now as to why John Kerry illegally signed the UN Small Arms Ban? Is it now clear as to why Obama gave the Internet codes to the United Nations last year? All the prognostications made by the alternative media of what was coming with martial law, the complete obliteration of the First and Second Amendment are here, right now, today!
I believe that the globalists,or the Satanists as those of us who know them, like to call them, must move quickly. A quick case in point. There is a talk show originating out of Dallas during the late afternoon commute known as “The Dan Cofall Show“. Dan has had me on several times before and I have even hosted the show. This is a mainstream AM radio station and yet Dan brought me on yesterday and basically said that he thought that “people like Alex Jones and Dave Hodges are sometimes “out there” however, he said we are almost proven correct over time”. Dan even used the word “my mea culpa” in my introduction on yesterday’s show.  And what did Dan have me talk about? The growing presence of UN military vehicles on our soil, the globalist Peter Sutherland, the border and the planned pandemics which are coming our way.  People who still drink the Kool Aid of CNN were hearing the truth yesterday, in a way, like they never have before. As an aside, Dan may be on mainstream media, however, he is fully awake and is well known for his balanced approach to news. This is one small example of what is happening all across this country.
Enjoy the alternative media while you can. For comparative purposes, I though you might enjoy looking the declining number of the following mainstream media news outlets and compare them to the alternative media.  This is eye opening.

TV NEWS RATINGS: 25-54 DEMOGRAPHIC (L +SD)
Fox NewsCNNMSNBCCNN Headline News
6 – 9 amFox & Friends
236K
New Day
118K
Morning Joe
104K
Express
91K
5 pmThe Five
293K
Blitzer
116K
Schultz
77K
WWYD
47KK
6 pmBaier
346K
Blitzer/Crossfire
105/96K
Sharpton
121K
Dr. Drew
40K
7 pmVan Susteren
199K
Burnett
113K
Matthews
140K
Velez-Mitchell
75K
8 pmO’Reilly
384K
Cooper
125K
Hayes
122K
Grace
115KK
9 pmKelly
377K
Cooper
94K
Maddow
204K
Dr. Drew
87K
10 pmHannity
359K
Lemon
79K
O’Donnell
158K
Files
125K
11 pmO’Reilly
312K
Cooper
82K
Hayes
78K
Files
166K
PRIME TIME373K99K162K109KData by Nielsen Media Research. Live and same day (DVR) data.
Credit to Common Sense

Nuclear War




When Saudi Arabia and OPEC became the paymasters for the American Empire, the Arabs were fairly unsophisticated in the game of world power. That has changed.
Now, the sheikhs are better at handling the leash and the lash, which is why it is easier to see Arab machinations behind the wars in the Middle East. There’s also another problem.
The profit margins for the Saudi sheikhs have exploded, and that has given them even more power. Unfortunately, with great power comes the opportunity to miscalculate and destroy everything – and, that’s why we are being led by the nose to nuclear war.
Those Saudis are no great sheikhs.
(sorry, I couldn’t resist!)

Orders from Riyadh – Part 4 – Nuclear War

A Little Review
If you are with me so far, you’ve learned about why and how the Petrodollar System got started:
Orders from Riyadh – Part 1 – The Birth of the Petrodollar System
http://www.omegashock.com/2014/06/24/orders-from-riyadh-part-1-the-birth-of-the-petrodollar-system/
Then, you learned about how fantastic it was for the American Empire, and how it enslaved the world:
Orders from Riyadh – Part 2 – Petrodollar Slavery
http://www.omegashock.com/2014/06/25/orders-from-riyadh-part-2-petrodollar-slavery/
And then, yesterday, you got a chance to see how it became a ‘debt and death’ system:
Orders from Riyadh – Part 3 – The Petrodollar Debt and Death System
http://www.omegashock.com/2014/06/26/orders-from-riyadh-part-3-the-petrodollar-debt-and-death-system/
Now, we get to see how it will destroy us, in one final cataclysm.
First, A Little Talk About Money
Please remember that the price of oil is determined on the ‘margins’, not at the core – especially when you have a constrained resource, like oil. So, when demand for oil goes up, other more-expensive oil comes online and drives up the price of oil, sharply. The cost of producing oil for core producers like Saudi Arabia will not necessarily have gone up by much. And, THAT means huge profits for low-cost producers like the Saudis. HUGE profits.
And, money means power, the power to settle a few scores and rework the Middle East, according to how THEY see things.
Enter The Russians
Also, at the same time, far-sighted oligarchs in Russia had taken over the oil and natural gas industries. And, the money started rolling in. That money brought with it dreams of a new Russian Empire and an obliteration of Russian shame at the fall of the Soviet Union.
This revitalized Russia could afford better weapons and better training – especially since they had reduced the size of their military. They also started reaching out to those who were concerned by America’s aggressive power.
The Russians started building pipelines and doing deals. China, Iran and Germany made deals. Syria and Iraq made deals. Lots of people welcomed Russian deals.
Unhappy Saudis
Saudi Arabia was never happy with Russia, and began funding Chechen rebels in the south of Russia. This lead to the Second Chechen War and was a HUGE problem for Russia, which was neutralized somewhat with a victory by the Russians in May of 2000.
I was appalled at the Saudis for openly admitting their involvement in that Chechen War. If the Russians weren’t deadly enemies of the Saudis then, they are now.
Then There Was Syria
Then came the pipeline deal that Russia was trying to make happen. That pipeline, the Iran-Iraq-Syria pipeline, was going to bring natural gas from Iran to a port in Syria where it would be shipped to Europe. Iran was going to make money on this deal. Russia was going to make money on this deal. Syria was going to make money. The Shiites in Iraq were going to make money.
The Saudis liked NONE of that, especially since Iran was a deadly threat to Saudi Arabia. So, as the deal was coming closer to being finished, Saudi Arabia and Turkey launched an uprising in Syria. That killed the pipeline deal. And, it also painted an even bigger Russian bullseye on Saudi Arabia.
Furthermore, Israel had discovered natural gas under the Mediterranean Sea. And THAT wasn’t making Russia very happy, either.
Add to this the fact that Qatar would like to run a pipeline out to the Mediterranean, so that they could sell natural gas to Europe, too. But, for that to happen, Syria needed to be taken down, because Syria is run by Shiite heretics and Qatar is Sunni.
Russia Cannot Lose Syria
Oh, and if Syria is taken down, there goes Russia’s only serious naval port in the Mediterranean. That would also mean Russia would lose their only real toehold in the Middle East.
Russia has repeatedly warned that nuclear war would come if her interests in Syria are threatened. But, very few have been taking any of that seriously.
Let’s Not Forget America
Now, just as Saudi profits have been exploding, America’s finances have been doing the opposite. This has radically changed the dynamics of the relationship between the US and OPEC. The Saudis have gotten a bigger say in what goes on in the US, and it shouldn’t be a surprise to anyone that the head of the CIA, John Brennan, is a convert to Islam.
Who was it that staged the coup in Ukraine?
The CIA (with the US State Department).
Russia Threatened Again And Again And Again
That coup in Ukraine is a MASSIVE threat to Russia, as I described, here:
Ukraine Cannot Escape Russia – The Carpathians
http://www.omegashock.com/2014/02/24/ukraine-cannot-escape-russia-the-carpathians/
Russia CANNOT allow Ukraine to fall into the hands of the West. They consider THAT to be a massive existential threat. They always have. They always will.
And, let’s not forget America’s involvement in the Russo-Georgian War in 2008. You can bet that the Russians haven’t forgotten.
Then there’s this fascinating bit of talk making the rounds of power in Washington D.C. Idiots are talking about how they could win a nuclear war with Russia because of America’s ‘wonderful’ anti-missile defenses. And, you can bet that the Russians have been hearing this ‘talk’.
Let me add something else about Russia. Russian society and Russian thinking has been shaped by a history of EXTREME vulnerability. Their history is one of either being under attack, or the threat of being under attack.
This means that Russia takes a bigger view of threats than you or I would. And yes, I understand why you would disagree, because I used to, too. But, that was before I saw how Russian history has shaped Russia.
Putting The Pieces Together
All of that, and more, are pieces in a catastrophic puzzle. So now, let me put the pieces together for you.
  • We have a Russia that feels under attack. They feel like the United States and her OPEC paymasters are threatening her existence. (And yes, that is EXACTLY how they feel.) Furthermore, Russia cannot win a conventional war with the US or NATO, which is why her nuclear weapons are the most modern in the world.
  • We have Saudis and other oil-rich Arabs attempting to reshape the Middle East, and are yanking on the leash that they have on America to do their bidding. Unfortunately, these Arabs have been overconfident and have directly threatened the existence of Russia.
Can you believe that the head of Saudi Intelligence stuck a finger in Putin’s face?
  • We have a United States that is desperate to keep the Petrodollar System going, because it would mean the end of the American Empire. There is no WAY that the US would EVER allow that system to end. It would destroy EVERYTHING. Couple that thinking with a belief that America could emerge from a nuclear war unscathed…
Three IFs
Well, this means that we have a problem.
  • If the Saudis believe that America can win a nuclear war, you can bet that the Saudis will be pushing for a nuclear war. Furthermore, they have become overconfident as they play with fire.
  • If the threat to the Petrodollar System gets too large, and if America feels like she can win a nuclear war, you can bet that there will be a MASSIVE push for a nuclear war. The drumbeat for this war will increase as the American economy declines.
  • If the Russians believe that the threat of a nuclear war is big enough, they WILL shoot first, because they know that this is the only way that they can survive. And, they have specifically developed nuclear missiles that can avoid being shot down by American anti-missile defenses.
So, here’s the question:
Will there be a nuclear war?
Nuclear War Unavoidable
I believe that it is unavoidable, unless America’s military power can be neutralized quickly enough. I believe that it IS possible for America to be neutralized, but it is a slim possibility. Very slim.
Furthermore, the very act of neutralizing American power might touch off the very nuclear war that Russia and China would like to avoid. So, I’m not sure how to avoid a nuclear war.
And, let’s not forget that many good men and women of God have received dreams and visions of nuclear war, and it is hard to discount those. Very hard.
As far as I am concerned, nuclear war is inescapable. There are too many psychopaths with too much power making too many miscalculations. And, a nuclear war would be the only solution to these evil fools.
This means that this nuclear war will ultimately come, whether directly or indirectly, at theOrders from Riyadh.
Credit to Omega Shock

Donald Trump Tells Americans to Prepare For 'Financial Ruin'




The United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.

That’s according to Donald Trump, who painted a very ugly picture of where this country is headed. Trump made the comments during a recent appearance on Fox News’ “On the Record with Greta Van Susteren.”

According to Trump, the United States is no longer a rich country. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others. We’re up to $16 trillion in debt.”

He goes on to point out that the downgrade of U.S. debt is inevitable.

“We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished. When you have [debt] in the $21-$22 trillion, you are talking about a downgrade no matter how you cut it.”

Ballooning debt and a credit downgrade aren’t Trump’s only worries for this country. He says that the official unemployment rate of 8.2 percent “isn’t a real number” and that the real figure is closer to 15 percent to 16 percent. He even mentioned that some believe the unemployment rate to be as high as 21 percent.

“Right now, frankly, the country isn’t doing well,” Trump added, “Recession may be a nice word.”

While 15 percent to 16 percent unemployment, a looming credit downgrade, and ballooning debt are a bleak outlook for the United States, they are hardly as alarming as the scenario laid out by another economist.

Without earning celebrity status or having his own television show, Robert Wiedemer did something else that grabbed headlines across the country: He accurately predicted the economic collapse that almost sank the United States.

In 2006, Wiedemer and a team of economists foresaw the coming collapse of the U.S. housing market, equity markets, private debt, and consumer spending, and published their findings in the book America’s Bubble Economy.

But Wiedemer’s outlook for the U.S. economy today makes Trump’s observations seem almost optimistic.

Where Trump sees ballooning debt and a credit downgrade, Wiedemer sees much more widespread economic destruction.

In a recent interview for his newest book Aftershock, Wiedemer says, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”

When the host questioned such wild claims, Wiedemer unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, “You see, the medicine will become the poison.”


Read Latest Breaking News from Newsmax.com http://www.moneynews.com/Outbrain/Trump-Aftershock-American-Economy/2012/11/06/id/462985#ixzz36JqKKUbW
Credit to Money News

BREAKING: Earthquake Hits Coast Israel "Prophetic Sign"

Apostasy Rising: 4 Denominations In Less Than A Week Defy God's Word

apostasy


The United Church of Christ (UCC) bills itself as "the church where God is still speaking." Apparently, God's Word is falling on deaf ears of the leadership.

The UCC, which considers itself a mainline Protestant denomination—claiming over 1 million members and about 5,200 congregations in the U.S.—proudly announced it will serve as a major sponsor of the Gay Games. The UCC will now go down in Christian history as the first major denomination to sponsor the homosexual Olympics when the games roll into Cleveland, Ohio, in August.

I guess my jaw shouldn't have dropped when I read the news, considering the UCC in April filed a gay marriage rights lawsuit in North Carolina. But not only did my jaw drop, I'm shaking my head. J. Bennett Guess, one of the UCC's national officers and its first openly gay church executive, calls it a social justice issue and says the denomination prides itself on "being a bold voice for progressive Christianity."

In case you aren't familiar with what the term "progressive Christianity" really means, let's take a moment to define it. Progressive Christianity has a strong focus on social justice and environmentalism. Progressive Christianity focuses on concepts like "collective salvation"—where entire cultures and societies, rather than just individuals with faith in Christ, are redeemed—and bends toward a Marxist economic philosophy. And Progressive Christianity does not subscribe to the biblical doctrine of the inerrancy of Scripture.

That last line explains a lot. For example, it explains why the UCC was the first mainline denomination to affirm equal marriage rights for same-sex couples. It explains why the UCC was the first to ordain an openly gay man. And, overall, it explains why the UCC has fallen into the deception of sponsoring events that celebrate LGBT people instead of trying to love them to Christ.

But even denominations that don't consider themselves part of the Progressive Christianity movement are falling into this deception. The Presbyterian Church (USA) last week voted to allow its ministers to perform gay weddings in states where it's legal. On Tuesday, Methodist Pastor Frank Schaefer, who was defrocked for officiating his son's gay wedding, was fully reinstated and the Moravians voted to ordain gay clergy. My research shows there's a long and growing list of gay-affirming denominations, including the Affirming Pentecostal Church International.

Saints, we're seeing 1 Timothy 4:1 playing out right before our very eyes. It's called the Great Apostasy and it's well underway. By the inspiration of the Holy Spirit, Paul wrote: "Now the Spirit expressly says that in latter times some will depart from the faith, giving heed to deceiving spirits and doctrines of demons.




Credit to Prophecynewswatch