Wednesday, July 2, 2014
Coast to Coast Is the Barometer
Case In Point: The Common Sense Show
THIS ALL MEANS THAT MAINSTREAM AMERICA IS KICKING THE REAR END OVER ON WALL STREET.
|TV NEWS RATINGS: 25-54 DEMOGRAPHIC (L +SD)|
|6 – 9 am||Fox & Friends|
Credit to Common Sense
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
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