Feb 19 2018

Rising Debt Troubles the Markets

The US Deficit spending is completely out of control. Over the past 8 years alone, the national debt has risen by 8% each year, while the economy has grown by 2% each year. The only factor that has saved us from financial calamity is the government’s ability to print more money to pay for the shortfall.

There have been some efforts at budget reform. Tea Party Republicans arrived in Washington seven years ago with a clear, loud message from angry voters: Slash spending. The best solution Congress has been able to devise is short-term freezes on new spending. Several debt limits have been set and quickly violated. Once the government ran out of money, lawmakers would set a higher debt-limit target with a new promise of reform.

The Treasury Department would use budgetary tricks to keep the national debt at the same level for several months. Once a new spending bill was passed that raised the debt limit, our total debt would go up by several hundred billion in a single day. On August 6 of last year, the debt rose by $318 billion. On the 7th of this month, it rose by $175 billion.

Because the fiscal year ends on September 30, the Treasury has been able to make our annual deficit appear smaller by moving the debt to the next calendar year. The government claims that our deficit was only $438, $585, and $665 billion over the past three fiscal years. The actual deficit never dropped below $600 billion. Two years ago, the national debt was $1.6 trillion below where it is now, which means an annual shortfall of $800 billion.

We have had huge deficits for so long, the folks in Washington DC are no longer bothering to hide the red ink. In December, they cut taxes by $1.2 trillion and made no effort to balance the revenue loss with spending cuts. They just passed a spending bill that will add $300 billion to the national debt. Trump wants to spend another $1 trillion on roads and bridges.

The President’s budget office is tasked with the responsibility of producing a budget projection for the next year. The spending numbers are always too low because they are based on wildly optimistic guesses on revenue and spending that typically promises to balance the budget in 10 years. President Donald Trump has just proposed a $4 trillion-plus budget for next year that projects a $1 trillion federal deficit and makes no promise to ever balance the federal ledger.

The White House budget projects that we will reach an unprecedented $30 trillion in 2028. Since it is seemingly impossible to maintain positive growth for a decade, the actual debt will most likely be $40 trillion.

It’s absolutely stunning that we are having $1 trillion deficits in a time of positive growth. During the next recession, our deficits will easily be $2 to $3 trillion. The current forecast has Moody’s, one of our key rating firms, warning that it may have to downgrade our debt.

The ability of our government to double our national debt once every decade would seem to indicate that we have discovered the secret to never-ending financial prosperity. All nations that have engaged in this level of reckless deficit spending have had their currency destroyed by hyperinflation. The only thing that seems different about our case is the extreme methods the Treasury and Federal Reserve governors have utilized to avoid calamity.

There are signs that we are running out of options. The Dow Jones suffered two thousand-point declines in recent days. Traders became concerned about the recent rise in interest rates and inflation. The 10-year bond is getting very close to the 3% mark. Soaring bond rates would mean higher interest costs for the government. When you have a debt of $20 trillion, an increase of just a few percentage points could make it impossible for us to service that debt.

The Treasury is at the point where it needs to convince bondholders to roll over $1.4 trillion, and find buyers for a fresh $1 trillion in new bonds each year. If rates rise sharply, people will suffer huge losses on their bonds, making it unlikely for them to buy more.

The only explanation for why the debt market has not collapsed is Bible Prophecy. God seems to be setting the world up for a major economic disaster that will allow the Antichrist to step in as a financial savior. Until the time is right, He will hold things together. Because we are in such a profound state of financial peril, I think time is very short.

“And the second beast required all people small and great, rich and poor, free and slave, to receive a mark on their right hand or on their forehead, that no one could buy or sell unless he had the mark—the name of the beast or the number of its name” (Revelation 13:16-17).

–Todd


Globalism’s Religious Rider

All the beautiful pageantry was there. Excitement and joy were on the faces of the colorfully clad athletes from around the globe. Attention of the world’s media focused on how wonderful was the fact that the two Korean youths were marching together and getting along as if peace and love had overruled hatred and division–all in all, a kumbaya moment in the 2018 Winter Olympic Games.

Not far into the ceremony, a familiar anthem to the brotherhood of man swept everyone involved into a euphoric high. The music invited us all to Imagine all the world as one…

Neo-Babel builders construct even their music in a way that clearly demonstrates the luciferian desire to usurp God’s throne. John Lennon’s universally popular song could easily be mistaken as portraying the biblically prophesied millennial reign of Jesus Christ. But Lennon, like Lenin, preached man-made heaven on earth–an imitative mockery of the true Messiah’s coming kingdom. The words and melody are infectious.

Imagine there’s no heaven
It’s easy if you try
No hell below us
Above us only sky
Imagine all the people
Living for today…

Imagine there’s no countries
It isn’t hard to do
Nothing to kill or die for
And no religion too
Imagine all the people
Living life in peace…

You may say I’m a dreamer
But I’m not the only one
I hope someday you’ll join us
And the world will be as one…

Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man
Imagine all the people
Sharing all the world…

You may say I’m a dreamer
But I’m not the only one
I hope someday you’ll join us
And the world will live as one.

Lennon, who once assured us that the Beatles were “bigger than Jesus Christ,” is a bit off in his assessment given through his lyrics. He says “no religion too.” He wanted us to “imagine” a world without religious restraint. Only then could we all “be as one.”

That particular sentiment–“no religion too”–will have to be rewritten if it is to fit what is coming when the first beast of Revelation chapter 13 and the second beast bring their version of heaven on earth to the planet.

It will be a religious system of the most intrusive sort. Here is a brief look from Scripture about that system:

So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet colored beast, full of names of blasphemy, having seven heads and ten horns. And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication: And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH. And I saw the woman drunken with the blood of the saints, and with the blood of the martyrs of Jesus: and when I saw her, I wondered with great admiration. (Revelation 17:3-6)

The angel who showed John the Revelator these things told him–and us–that this whorish woman who rides the beast sits upon seven mountains or hills. The beast she rides is a composite of world kingdoms of the past and one that is yet to come. The last kingdom and the one who rules it will be Antichrist.

We know from Revelation 13 that his sidekick will be a false prophet–a religious leader–who will orchestrate the worship by everyone on earth of this eighth king who will come up from the bottomless pit.

My friend Dave Hunt wrote all about this eventuality in “A Woman Rides the Beast.”

All of this said, it is more than interesting that the world’s most lauded religious leader in Christendom has waded in on how America needs to be brought under the world community’s control if there is to be heaven on earth at any time in the future.

Pope Francis told the Italian newspaper La Repubblica that the United States of America has “a distorted vision of the world” and Americans must be ruled by a world government, as soon as possible, “for their own good.”

The Pope made the observation in an interview with La Repubblica reporter Eugenio Scalfari.

“Last Thursday, I got a call from Pope Francis,” Scalfari reported. “It was about noon, and I was at the newspaper when my phone rang.”

He said Pope Francis had been watching Putin and Trump at the G20 and had become agitated. The Pope demanded to see him at four that afternoon, according to a Google translation of the Italian report.

“Pope Francis told me to be very concerned about the meeting of the G20,” Scalfari wrote.

As translated into English by Agence France Presse, which picked up the story, the Pope said “I am afraid there are very dangerous alliances between powers who have a distorted view of the world: America and Russia, China and North Korea, Russia and Assad in the war in Syria.”

“The danger concerns immigration,” the Pope continued to La Repubblica. “Our main and unfortunately growing problem in the world today is that of the poor, the weak, the excluded, which includes migrants.”

“This is why the G20 worries me: It mainly hits immigrants,” Pope Francis said, according to AFP.

Pope Francis’s idea that Americans would be better off under a world government doesn’t stop there. The radical leftist pontiff also went on record stating that Europe should become one country under one government. (“Pope Francis: World Government Must Rule U.S. ‘For Their Own Good,’” JEWSNEWS, Rapture Ready News, Feb. 11, 2018)

As we near the midnight of world history on God’s prophetic clock, we see the four horsemen of Apocalypse getting set to ride. Might we be seeing the woman that rides the beast of Revelation chapter 17 getting ready to sit upon its back?

–Terry

Feb 12 2018

The Civil War Mindset in America

The liberal media and the Democrats have become so insanely fixated on destroying the Trump Presidency that they will use any means, legal or illegal. I’ve lost track of all the nutty ploys these people have used to declare Trump unfit for office. Their next move will be to tear up the constitution, because any document that allows Donald Trump to become president is not worth the paper it’s written on.

We just learned from text messages between FBI agent lovers, Peter Strzok and Lisa Page, that the FBI, Clinton Campaign, and former President Obama had their fingerprints all over the whole ‘destroy Trump’ insurance plan. The leftist reaction to the ‘release the memorandum’ compiled by the staff of the House Intelligence Committee was to go into full cover-up mode.

Before the memo came out, the Democrats were screaming that it would reveal too many of our intelligence-gathering secrets. When it was released, they then said it was a “nothing burger.” Committee Chairman Devin Nunes should be championed as a hero for exposing clear violations of the law. The left is saying Nunes’ motivation is only a dirty trick to undermine the special counsel, Robert S. Mueller.

It’s just stunning to think we have reached the point where the FBI can just be assumed as working for the Democratic Party. Fairness is out the window. The open-ended witch hunt being carried out against Donald Trump campaign people has no legitimate justification and it is turning our nation into a banana republic.

If the Democrats win the Presidency, any Republican running for office will have two more opponents to defeat. What dirt the liberal media doesn’t turn up will be found by our spy organizations.

The Democrats are very near to the point of making the U.S. a one-party ruled nation. Because they promised free goodies for all who sneak across our southern border, the Dems know that 70% of them will vote for the Democratic ticket. Once Texas or Florida turns blue, the Presidential election season will be over before it even started.

For those who think California politics is on the far-left fringe of the national spectrum, stand by. The departing Governor Jerry Brown is likely to be replaced by Democrats who will likely adhere to the new motto of California being the “state of resistance,” a political label that is being pushed further left without any sign of Republican resistance. California’s “sanctuary state” status of illegal immigration has set it on course for a conflict with federal law. Maybe some island off the Golden Gate Bridge can be the new Fort Sumter.

I am sick to death of reading Trump’s name in almost every news story. The North Korea news agency doesn’t mention their dear leader anywhere near as much as our dear leader gets mentioned. All the stories about fat boy have to be positive, so reporters there mostly write about the DPRK (Democratic People’s Republic of Korea). If a large meteor suddenly hit the earth, it would somehow be Trump’s fault. It astounds me that enough of my fellow citizens don’t realize the media is trying to brainwash them with repetition.

The level of hostile rhetoric between the politically left and right has become so massive, I fear that we are headed for a breaking point. I am truly surprised that we haven’t seen more politically motivated violence in America. We’ve had bombings and killings at times when the political discourse was at a fraction of what it is now.

The only explanation that I can devise is that God is holding back the unrest for a special reason – the rapture. The Lord is maintaining order because the blessed hope is prophetically defined “a calm before the storm.” Once the Church is gone, the left can fight each other to death for ownership of the White House.

“Behold, I show you a mystery; We shall not all sleep, but we shall all be changed, In a moment, in the twinkling of an eye, at the last trump: for the trumpet shall sound, and the dead shall be raised incorruptible, and we shall be changed. For this corruptible must put on incorruption, and this mortal must put on immortality. So when this corruptible shall have put on incorruption, and this mortal shall have put on immortality, then shall be brought to pass the saying that is written, Death is swallowed up in victory” (1 Corinthians 15:51-54).

–Todd


Earth’s Nuclear Destiny

There is increasing talk lately of fears of nuclear exchange. Critics of increase in nuclear armaments are also ramping up their rhetoric.

Russia has been found to have violated several elements of various nuclear anti-proliferation treaties and agreements. The latest is development of a nuclear-tipped torpedo weapon that can be launched into the shores of a country. North Korea is known to be acquiring  technology that will speed up and greatly enhance their nuclear weapons capability. They are being aided and abetted by the likes of Russia and China, who have promised to act in concert with the international community to prevent  Kim Jong-un from obtaining such technology and material.

Yet with all the illegal weapons procurement by America’s antagonists and enemies, the criticism is of the Trump administration. The diatribe is aimed at the president because he has determined the U.S. must play catch-up in the arena of weapons development. This is because the previous president was on an eight-year-long campaign to decrease America’s nuclear armaments–thus to, it was supposed, lessen the chances of a future nuclear conflict.

While America decreased in nuclear capability, the other side went on a tremendous building program, increasing their stockpiles and technological capabilities–even while having entered into agreements and treaties that were supposed to bind them to cutbacks in line with America’s decreases and those of other Western nations.

Trump’s decision to go in the opposite direction of Obama in the arena of nuclear development has, of course, evoked resistance just as has everything else he has done since the 2016 election.

President Trump’s Deputy Energy Secretary Dan Brouillette explained at a Pentagon news conference why the United States is changing course.

Over the past decade, while the United States has led the world in these reductions, every one of our potential nuclear adversaries has been pursuing the exact opposite strategy…. These powers are increasing the numbers and types of nuclear weapons in their arsenal.”

The president, during the State of the Union address Tuesday, February 30, declared that the U.S. will build a deterrent force “so strong and powerful that it will deter any acts of aggression.”

Mainstream news media are accusing the president’s actions–increasing the nations’ nuclear forces–as reckless. They say, in addition to other things, that he is deliberately bringing the prospect of nuclear war back into the American psyche for the first time since the Cold War.

Those mainstream outlets are almost as one in declaring that it is dangerous for this particular president to have the sole authority to launch nuclear war. But, thankfully, Mr. Trump forges ahead, assuring that America’s security, with strength through deterrence capability, is sufficient.

All that said, this is a dangerous world–as our current president recognizes. It is more than prudent to maintain such strength. It is absolutely crucial.

But, in the final analysis, it is the God of Heaven who continues to hold the key to the lock on the trigger to nuclear Armageddon. The Lord of all creation has determined that the most horrific of all weaponry hasn’t been unleashed. If one studies the many near-accidents involving nuclear weapons, it is astounding that catastrophe hasn’t resulted. Only God’s staying hand has spared us.

In 1980, for example, a missile in a silo in northern Arkansas exploded because a wrench was dropped and ruptured the missile’s thin metal skin. If the weapon at its tip had been armed, yours truly might not be here to write this piece.

There are still unexploded nuclear bombs off the eastern coast of America. Some were never found. These were deposited there because of accidental drops or aircraft accidents.

There have been false missile launches indicated on America’s NORAD radar screens. Those with the launch codes had less than 10 minutes to decide whether to launch a retaliatory attack.

A Russian crew once came within minutes of launching a nuclear strike based upon a false command accidently issued.

The Lord is still in control. He will be right up until all of the weapons in the nuclear stockpiles are released. Yes. I do believe they will be used–practically every one of them.

Descriptions within the Revelation and the Old Testament books of prophecy indicate death on a sudden and massive scale. The effects of nuclear horror on the human body, some scientists believe, is graphically given by Zechariah: “And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth” (Zechariah 14:12).

The kings of the east as given in Revelation chapters 9 and 16 will kill one-third of all people living on the planet. This can be done only by employing nuclear weaponry.

Jesus said that if He doesn’t return when He does, “there will no flesh be saved.”

Further indication that the nuclear stockpiles will be used is something I heard Hal Lindsey say. It makes sense, although it could result from a supernatural rather than a nuclear event.

Hal said that during the Bikini tests in the 1950s, they put in the test areas old navy ships to be sunk because of their obsolescence. The military and scientists wanted to see the effects of an H-bomb on these vessels. In addition to the devastating explosion causing massive damage, huge chunks of ice, like hailstones, fell from the tremendous heights the nuclear cloud reached. These weighed 100 pounds and more, falling into the ocean and denting the solid, steel hulls of the ships.

Hal then reminded that the last great judgment of the twenty-one given in Revelation will be 100-pound hailstones falling upon mankind.

He believes–and I concur–that these falling on the millions of military personnel at Armageddon could well be the reason blood will flow to the height of bridle reins and for so many miles. The melting hailstones, having fallen from the sky because of nuclear explosions, mixed with the pulverized human carnage, could make such a “winepress event” exactly like God’s Word describes the Lord’s punishment for rebellious earth dwellers at that time as being.

Planet earth is destined for nuclear devastation, I have no doubt. But there is no need for anyone alive to have to endure that hell-on-earth experience.

Again, here is the divine formula for protection against such a destiny: “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation” (Romans 10:9-10).

–Terry