Servant of Messiah Ministries

Preaching the Gospel of the Kingdom of God.

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Shmita – The next Great Recession

October 27, 2022 By Richard A. Volunteer

The Year for Canceling Debts

Rosh Hashanah, the Jewish New Year, and means “head of the year or first of the year.” This day is the first day of Tishrei, the seventh month of the Hebrew calendar, which falls in Sept. - Oct.  Rosh Hashanah 2021 to Oct 2022.

Deuteronomy 15 v 1 – At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. 3 You may require payment from a foreigner, but you must cancel any debt your fellow Israelite owes you.

God took this land rest so seriously that He only allowed Israel to violate the command for 490 years then He came to collect on the 70 years of rest they owed the land. They were taken into captivity for 70 years to give the land an opportunity to rest.

2 Chronicles 36 v 19 – 22 So they burned down the house of God, tore down the wall of Jerusalem, burned down all the palaces with fire, and destroyed all the precious items. 20 Then he carried into exile to Babylon the remnant, who survived the sword, and they were slaves to him and his sons until the kingdom of Persia ruled, 21 to fulfill the word of the Lord by the mouth of Jeremiah until the land had enjoyed her Sabbaths. As long as she lay desolate, she kept Sabbath, to fulfill

Cycles in stocks and the economy are not new. We talk about the Economic cycles. WD Gann was famous for his Dow Cycle theory.

The year of “Shmita” or “Shemitah” (meaning: letting go) also called the sabbatical year occurs every seventh September or October. The story behind the Shemitah is that the 7th year is the year of resting and releasing. The year also stands for debt forgiveness to break debt cycles.

So what makes this Shemitah cycle so interesting? If we compare the Shemitah years with the financial markets we can see a correlation. Major crashes in the stock market are correlated with the Shemitah years. Here are examples of stock market crashes that occurred during Shemitah years,

  • 1901-1902 Year of Shemitah - Stock market drops almost 50%.
  • 1916-1917 Year of Shemitah - Stock market drops 40%. United States enters WWI. Germany, Russia, Austria, Turkey, Great Britain suffer economic collapse.
  • 1930-1931 Year of Shemitah - The Great Depression. The worst financial crisis in modern history.
  • 1937-1938 Year of Shemitah - Half of the stock market collapses sparking a global recession.
  • 1944-1945 Year of Shemitah - End of German Reich and Britain's hold on territories. Establishment of America as the world's superpower. Bretton Woods Conference giving the U.S. Dollar Global Reserve Currency status
  • 1965-1966 Year of Shemitah - Stock market drops almost 25%
  • 1972-1973 Year of Shemitah - Stock market crashes almost 50%. Global recession; US oil crisis.
  • 1979-1980 Year of Shemitah - Global recession - Prime Rate hits 21%
  • 1986-1987 Year of Shemitah - “Black Tuesday”; stock market crashes by 1/3.
  • 1993-1994 Year of Shemitah - Bond market crash.
  • 2000-2001 Year of Shemitah - 9/11. Markets open on final day of Shemitah, September 17; the stock market falls 700 points.
  • 2007-2008 Year of Shemitah - On the last day of The Shemitah Year, September 29, the stock market drops a record 777 points.
  • 2014-2015 Year of Shemitah …correction…Greek/EU bailout....European Debt Crisis
  • 2021-2022 Year of Shemitah …8th Jubilee for U.S.A – A world drowning in debt with a "bubble" economy.

What could this all mean?

 The stock market has been inflated and on an artificial “bull run” for several years now. Trillions of dollars in Government debt handed out to spend and zero interest rates have inflated all assets. Asset values are due for a massive correction, and The Shemitah seems to be the time of debt forgiveness.

As a former stockbroker, I will not bore you with all the economic danger signals …..Each warning us that all Stock, Bond, and Real Estate assets are incredibly overvalued. U.S. public debt has doubled in 10 years, including by 14% in the last year alone while interest rates are kept artificially low. One-fifth (20%) of all US dollars were created in the year 2020. Inflation is rising and interest rates must rise.

• Real Estate Bubble is popping - 7% Mortgage Rates are not good.
• Retail Earnings miss heavily with a bad holiday season
• Industrial production drops sharply
• Used car bubble pops
• Mass consumer defaults on car loans
• Layoffs in tech spreads to all industries
• Credit spread blowout
• Zombie companies reduced to rubble
• Mass bankruptcies
• Negative real growth in all four macro sectors (income, production, consumption,
• Various crypto exchanges are insolvent
• Disinflation and then deflation (not stagflation)
• Energy bear market
• Corporate bonds turn into junk
• Municipal bond meltdown

Proverbs 27 v12 - Wise people see trouble coming and get out of its way, but fools go straight to the trouble and suffer for it.

Embrace God's priorities. Please reduce your debt - build up some savings - and create a network of friends among the Family of God. We will all soon be living by Faith and staking our survival on the Faithfulness of God our Provider. (Jehovah Jireh.)

 

 

 

 

 

 

 

Filed Under: News Events, Economy, Prophecy

Your Money and Prophecy…

August 20, 2017 By Richard A. Volunteer

We wrote about cycles in the stock market and the 7-year corrections. It is time to revisit that.

We are a nation of consumers – obese locusts devouring the resources of the earth enabled only by record debt.  Debt levels have now reached their 2008 peaks…right before the Great Recession.

  • Total consumer debt reached a record $12.8 trillion. The prior peak was $12.7 trillion in 2008.
  • Since the financial crisis, auto loans and student loans have soared. Auto loans are now at $1.2 trillion, up 70% from the depths of the recession in 2010.
  • Student loans have reached an incredible $1.3 trillion.
  • Total credit card debt has reached $784 billion, the highest level since the fourth quarter of 2009.

Wall Street is the Temple of Capitalism, Finance is its religion,  and fear and greed are its sacraments. Fear and greed are not based on wisdom, logic or faith. The warning signs are being ignored in a greedy race for every new stock market high.

This is not meant to be a prediction of any kind.  I cannot even predict my own behaviour for the next 12 hours since phone calls and family needs arrange my day. These are warning signs that we are setting up for that cyclical correction of the type we had in 1973,1980, 1987, 2000, 2007.

Valuations are at levels only seen in 1929 and 1987.

The CAPE ratio (cyclically adjusted price-earnings ratio), a valuation measure applied to the S&P 500 devised by Yale economist Robert Shiller, is higher today than it was on Black Monday. In fact, it’s only been higher at two other moments in history: heading into the stock market crash of 1929 and the dot-com bubble of 2000. Today the Shiller CAPE, ratio, is above 30 when its average is 16.8

The trading 12-month GAAP price/earnings ratio was about 20 times earnings in 1987 compared with 23 times today.

Since PE valuations of broad indexes ignore stocks losing money adding them takes the PE of the Russell from 26 to a more realistic P/E of 78.(combined market cap /all component companies trailing earnings)

Since its 2009 lows, the S&P 500 SPX,  is up more than 250%, the second-longest bull market ever, which should put you on guard.

Trading Behavior is a warning

The small-cap stocks and broader indexes are flat and have turned down to below their 200-day averages.

Dow Transports –  A traditional leading indicator has broken down and since they move the goods and products they should participate in the boom?

NYSE exchange – more stocks are making 52-week lows than are making 52-week highs triggering the Hindenburg Omen. Five such signals recently are only tied with 2007 and 2000 leading up to both corrections.

Political and other considerations

The Federal Reserve is now unloading the $4.5  trillion-dollar portfolio of mortgages it bought which has propped up Real Estate prices. Selling 4.5 trillion dollars of mortgages will reprice all fixed income securities. Never fight the Fed is a ‘truism” in trading circles.

The “business leader” president has shut down his Business Councils amid massive defections and so far his agenda is a mystery.

Korea and Iran remain nuclear thorns in our side while civil unrest and racial tensions fill the news. This President is likely to abandon the nuclear deal with Iran.

We have not paid back the trillion-dollar bailout passed by Congress in 2007  for all those “shovel-ready projects’  and we are certainly not prepared for another correction so soon.

“Make American Great Again’  is not a new idea.  The American foreign policy of Isolationism in the 20’s and 30’s  was a diplomatic and economic doctrine that aimed at self-advancement to make the United States economically self-reliant.  The policy of Isolationism in the 20’s and 30’s attempted to isolate the United States from the diplomatic affairs of other countries and limiting foreign competition by imposing high import tariffs (Taxes).

Tearing up N.A.F.T.A.  and recent trade skirmishes with England and Canada over jets…are but the beginning.

My conclusions are that a cyclically inevitable correction and a bear market must follow.

This selfie generation is best described here:  2 Timothy 3 v2 – For people will love only themselves and their money. They will be boastful and proud, scoffing at God, disobedient to their parents, and ungrateful. They will consider nothing sacred.

We need this Global Correction for two reasons: 

  1. A loving God must take away our idols to save us….and tear down what separates us from Him.
  2. On a larger scale –  the crash of 1929 set the stage for the Messiah’s of the 1930’s. That decade gave us the leaders that promised their nations a solution to the economic meltdown of 1929.  Stalin, Franco, Tojo, Tito, Mussolini, Hitler. They also brought us a World War.

There are new Messiah’s waiting to capitalize on the coming economic meltdown.  My bible says 10 in fact ….and so we watch events unfold..…

Filed Under: Economy, News Events, Prophecy, Society-Culture

Christian Merchants of Death

June 17, 2017 By Richard A. Volunteer

Defense stocks rallied after Pres. Trump signed a $350 billion arms deal with Saudi Arabia which was the “biggest single arms deal” in US’ history.

The State Department’s Human Rights Report  made no secret of Saudi Arabia’s numerous human rights abuses, saying, “The most important human rights problems reported included citizens’ lack of the ability and legal means to choose their government; restrictions on universal rights, such as freedom of expression, including on the internet, and the freedoms of assembly, association, movement, and religion; and pervasive gender discrimination and lack of equal rights that affected most aspects of women’s lives.”

The State Department report also mentioned the Saudi-led coalition to defeat the Houthi rebels in Yemen, whose airstrikes have “resulted in civilian casualties and damage to infrastructure on multiple occasions.”

  • While 119 countries have banned the sale and use of cluster bombs, the US (the largest merchant of death on the planet) continues its sale to Saudi Arabia. Saudi Arabia and Iran are fighting a proxy war in Yemen and US cluster bombs are being used on their civilians.
  • Saudi Arabia is in the top five major human rights violators worldwide including the indiscriminate use of the death penalty. Saudi Arabia executed over 157 last year including 47 in one day of which 72% were for non-violent crimes, in violation of  International Human Rights Law.
  • Atheism is a considered a terrorist offense. There are over 60 synagogues in Iran, that “axis of evil state”. There are no synagogues in Saudi Arabia. There are no churches either. Non-Muslim public worship of any kind is forbidden by law.
  • People who are known to be Jewish or to have visited Israel (i.e. with Israeli stamps in their passport) are only allowed into Saudi Arabia if they have a pressing and documented political or financial reason to be there.
  • Women cannot drive – cannot leave the home without a male guardian known as a Mayram. They are refused access to swimming pools and most workplaces have separate entrances for them. A Saudi woman was even flogged for checking her husband’s phone without his permission. The testimony of one man is equal to that of two women in court. Of 137 countries they ranked the 127th as most sexist.
  • Saudi Arabia blocked the UN from inquiring about their war crimes. Amnesty argued the US, and the UK should stop selling arms to Saudi Arabia because they are funding war crimes.
  • The Saudi-led coalition has imposed a blockade on Yemen since they began their military campaign two years ago – at times rerouting ships on their way to Yemen’s main port. They have impeded, delayed and restricted the entry and movement of humanitarian aid. Yemen imports 90% of its food. Large parts of Yemen are on the brink of famine, and 21 million people need food assistance while 2.2 million people have had to abandon their homes.

Even though the USA is only 5% of the world’s population we sell 50% of the world’s arms. We cannot fix our roads. The water in Flint is undrinkable. Our airports are 30 years old. Yet 55% of all our federal discretionary spending is for our military – better weapons and improved killing.

Is it no wonder that we need to keep selling death to keep our military-industrial complex busy? Saudi defense spending already is the world’s third highest after the U.S. and China. Their foreign exchange reserves have fallen 30% in 3 years and their budget deficits are 13% of GDP since oil is 90% of their only evaporating income.

They mortgaged their future paying for weapons that they do not need. The young uneducated unemployed Saudis – with no jobs in a country with no industry will become frustrated, restless, and attentive to the very extremism that Trump has just admonished them to shun.  Remember, 15 of the 19 attackers that flew planes into the World Trade Centre on Sept 11 were Saudi citizens, they were not Iranians or Iraqis or Afghani’s?  They are expecting President Trump to repeal the Justice Against Sponsors of Terrorism Act, which has led more than 800 families to file suit in New York against Saudi Arabia.

So what are we as Christians to do?

It does not matter if you are Republican, Liberal or Democrat. This system is not changing. I urge you to look at your King who stood before two Roman governors and said  John 18v36  Jesus said, “My kingdom is not of this world.  If it were, my servants would fight and campaign and vote and all the rest … But now my kingdom is from another place.”

  • Democracy is Satan’s method of inviting you to share in his running this country. He is the god of this world and the governments in power rule under his sway. 2 Cor 4:4 Satan, who is the god of this world, has blinded the minds of those who don’t believe.
  • Why would you have any part in arming the enemies of Israel – and those sworn to annihilate the children of Abraham?
  • The Bible is very clear. You have to pay taxes, that belongs to Ceasar. You are not required to cast your vote for a Ceasar who has blood on his/her hands….. Revelation 18:4 And I heard another voice from heaven, saying, Come out of her, my people, that are not partakers/complicit in her sins, and that you do not receive her plagues.
  • What will you say to your King when He asks you to account for what was done in your name? If you voted – you are an accomplice in this wickedness…

 

Filed Under: Economy, Middle East, News Events

BREXIT – Acts of God.

June 25, 2016 By Richard A. Volunteer

This week we witnessed history in the making. Britain was to decide whether to stay in the EU. For weeks the BREXIT polls had been tied with all the establishment leaders including the Prime Minister confident in a “REMAIN” vote. Bookies offered 13 to 1 odds against a BREXIT.

The demographics pointed to the over 40 age favouring “LEAVE” and the younger voters wanting to “REMAIN.” London in the South had elected a Muslim mayor and favored “REMAIN” while the further North more and more favored to “LEAVE.” A high turnout was seen as helping the “remain” camp, a Wall Street Journal story said. That’s because it would suggest younger people, who typically don’t bother to vote, would actually cast ballots, and younger people supported EU membership.

Although the British seemed ready to vote in the Brexit referendum to “Remain” in the European Union, an intense “Act of God” storm system moved in and favor a vote for the “Leave” campaign by bringing a month’s worth of rain in “just three hours” on voting day.

The eve of the election at precisely midnight a huge storm hit England. Summer storms always came from the West and Atlantic Ocean. Eerily this storm came from Europe and Brussels in the East. In London alone 300 calls an hour poured in to emergency services…while 6,000 lightning strikes hit. The storms would move North from the Southeast as the day progressed.

The Breakdown was as follows:

Central England (High Brexit support): Largely dry day with more showers in the evening.

East (High proportion of Brexiters): Wetter than northern and central England with the chance of thunder during the afternoon.

Southwest (Around 40 per cent of people plan to vote leave): Wet and rainy during the morning, becoming clearer and drier through the afternoon.

Southeast (Relatively high percentage of leavers): Largely dry with showers around the coast.

London (High support to stay): Heavy rain in the morning, drying out later with thunderstorms predicted in the afternoon.

Two London polling stations were forced to close due to flooding. Another two, in Kingston-upon-Thames, had to be moved at the last minute. Then the London Underground flooded. Conspiracy theorists saw an attack on their democratic rights.  Even Britain’s loudest blond, Boris Johnson, who made it to his local polling station with only 18 minutes to spare after his flight from Edinburgh, was delayed by the weather.

Despite the storm, the flooded Underground, and the power blackouts the older voters came out. They held their nerve and were not deterred by warnings from the Bank of England, or by the money markets, that the pound would plunge (it did) and markets would crash (that happened too).

They were not defeated. The BREXIT “LEAVE” campaign won by more than a million votes. Europe and England were forever changed.

We forget who is Sovereign over all.

Leaders scheme and masses vote….but Daniel 2 v21 says It is God who alters the times and seasons, and He removes kings and promotes kings. He gives wisdom to the wise and knowledge to the discerning. The weather played a part. Some feel it tipped the scales to favour BREXIT.  Jeremiah 10:13 When He utters His voice, there is a tumult of waters in the heavens, And He causes the clouds to ascend from the end of the earth; He makes lightning for the rain, And He brings out the wind from His storehouses.

Filed Under: Politics, Economy, News Events, Prophecy

Stock Cycles and Shemitah Years.

September 27, 2015 By Richard A. Volunteer

  • 1966: Stock market collapse, Dow down 22%, Fed tightens, Vietnam War, protests
  • 1973: Oil embargo (Oct) Yom Kippur War, Stocks down 45%, recession
  • 1980: Inflation, Iran-Iraq war, Silver panic, 21% interest rates, Stocks crash, recession
  • 1987: Black Monday (Oct.) Largest single day crash ever
  • 1994: Bond collapse, DJIA bear market, Wars
  • 2001: Stock market crash, 9/11 (Sept.) Stocks lost 821 pnts (7.7%) in 3 days, recession
  • 2008/9: Stock market crash  9/29 (Sept.) Stocks lost 777 pnts (7%) Tarp Bailout, recession
  • 2015/16: ???

As a former stockbroker with Morgan Stanley I started my career just weeks after the Black Monday of October 1987.  The Seven Year Cycles in stocks caught my interest.  My career suffered a few of those cycles.

7 year cycle peaks at 2015

Jonathan Cahn a Messianic Rabbi has made the Shemitah Year a household word with his book the “Mystery of the Shemitah.” This Shemitah (Shmita) commandment was given to Israel in Leviticus 25 and was to govern their agriculture and their economics.

The Sabbath Year

In Leviticus chapter 25 v 1 Then the Lord spoke to Moses on Mount Sinai, saying: 2 Speak to the children of Israel, and say to them: When you come into the land that I give you, the land shall keep a sabbath to the Lord. 3 For six years you shall sow your field, and six years you shall prune your vineyard and gather in its fruit, 4 but in the seventh year there shall be a sabbath of complete rest for the land, a sabbath for the Lord. You shall neither sow your field nor prune your vineyard. 5 That which grows by itself from your harvest you shall not reap, nor gather the grapes of your unpruned vines, for it is a year of complete rest for the land. (Lev.25:1-7).

The Year for Canceling Debts

Deuteronomy 15 v 1 – At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. 3 You may require payment from a foreigner, but you must cancel any debt your fellow Israelite owes you.

God took this land rest so seriously that He only allowed Israel to violate the command for 490 years then He came to collect on the 70 years of rest they owed the land. They were taken into captivity for 70 years to give the land an opportunity to rest.

Jeremiah 25 v 11 This whole land shall be a desolation and an astonishment, and these nations will serve the king of Babylon seventy years. …13 I will bring upon that land all My words which I have pronounced against it, even all that is written in this book, which Jeremiah has prophesied against all the nations.

2 Chronicles 36 v 19 – 22  So they burned down the house of God, tore down the wall of Jerusalem, burned down all the palaces with fire, and destroyed all the precious items. 20 Then he carried into exile to Babylon the remnant, who survived the sword, and they were slaves to him and his sons until the kingdom of Persia ruled, 21 to fulfill the word of the Lord by the mouth of Jeremiah, until the land had enjoyed her Sabbaths. As long as she lay desolate, she kept Sabbath, to fulfill seventy years.

So the question remains …. Does this apply to America?  The land rest command was only given to Israel which was a Theocracy bound to YHVH in covenant with their borders defined in scripture. God calls that particular piece of property “His land.”

The USA is a Gentile nation (melting pot of the world) which cannot assume those promises/curses as some kind of New Israel.  That is just another version of Replacement Theology. The USA is not Israel and given her moral behavior and national character….she is no longer even a “Christian nation.”

However…..Ps 24 v 1  says “The earth is the Lord’s, and everything in it, the world, and all who live in it.“ He is coming back to rule it with a Universal Law. Those Shmita Laws were given by the  “God that does not change.” Would those Land Rest Laws (Shmita) not be implemented over all the earth?  He is coming to reign for 1000 years, and of His government there will be no end?

Are we in America suffering the unintended economic consequences of ignoring those economic principles? Regardless…the principle of reaping what we have sown will be judgement enough to bring about our ruin.

 

 

Filed Under: Economy, News Events, Prophecy

P.I.G.S. and Autocracy

September 24, 2011 By Richard A. Volunteer

Twelve years ago, the G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. To tackle the financial and economic crisis that spread across the globe in 2008, the G20 members were called upon to further strengthen international cooperation.

History’s first sovereign default came in the 4th century BC, committed by 10 Greek municipalities. There was one creditor: the temple of Delos, Apollo’s mythical birthplace. Twenty-four centuries later, Greece is at the edge of the biggest sovereign default by a government with 353 billion euros ($483 billion) of debt — five times the size of Argentina’s $95 billion default in 2001

This crisis is affecting the government debt of (P.I.G.S) Portugal, Italy, Greece and Spain and the Euro itself is threatened.

IMF chief Christine Lagarde has called for countries to “act now and act together” to keep on the path to economic recovery. “We are by no means strangers, and we are linked by a common destiny,” she said at the meeting of the IMF and the World Bank in Washington.

“And these turbulent times must bind us ever closer together.”

Christine Lagarde, the boss of the International Monetary Fund, warned the chance of escaping a downturn was increasingly narrow. She said: “There are dark clouds over Europe and there is huge uncertainty in the US. And with that we could risk a collapse in global demand. There is growth. The bad news is that it is slow growth. The bad news is there are downside risks on the horizon – and they are piling up.”

Britain’s Chancellor George Osborne has warned that the euro zone has just six weeks to save the euro currency. “I think there is now quite a clear deadline set which is the Cannes summit in six weeks’ time,” he said in Washington DC this afternoon. “The euro zone has six weeks to resolve this political crisis.”

There is no political will in Europe and especially in Germany to sacrifice and pay the bills of Greece. European leaders are convinced that they can survive and “manage” a orderly default by Greece.

Banks in France and Germany scrambled to assure investors that they could survive their exposure to sovereign debt. Nobody knows what the total derivative exposure is, nor who the counter-parties are.

Worse, the debt crisis now engulfs Italy, which suffers from a stagnant economy and a staggering debt load of $2.5 trillion. Borrowing costs have hit painful levels for Rome, which has hastened to come up with an austerity plan to satisfy investors.

Any default by Greece would be completely dwarfed by a similar fate for Italy, whose size would overwhelm attempts by other members of the Euro zone to save it.

Hitler once pointed at the lack of political will of the 30 political parties as proof that a countries economic problems could not be solved by democratic paralysis. The I.M.F. and the U.N. and the G20 are again proving him right. We must accept that the coming economic ruin will give rise to the types as in the 1930’s,  Hitler, Stalin, Mussolini, Tito, and Franco.

Rev 17 v 12. “The ten horns which you saw are ten governments who have not yet received a kingdom, but they receive authority as kings with the leader for a short time. Rev 17 v 13. “These have one purpose, and they give their power and authority to this leader.

Filed Under: Economy, News Events, Politics, Prophecy

Thou anointest our beaches with oil

June 20, 2010 By Richard A. Volunteer

We have gone from begging God for a Detroit bailout to now wanting the Gulfs Oil Tap of “blessing” turned off.

RESOLUTION
To recognise and declare Sunday, June 20, 2010, as a Statewide Day of Prayer for Louisiana and for the population and region surrounding the Gulf of Mexico, in particular, those people affected by the environmental and economic disasters that erupted in the aftermath of BP Deepwater Horizon oil leak.
WHEREAS, in times of great distress and need, we, the people of this land, have always turned to private, public, and corporate prayer; and
WHEREAS, a Statewide Day of Prayer provides each of us with a powerful
opportunity to humble ourselves before our Almighty God; and
WHEREAS, the citizens of Louisiana are urged to pray for a solution to this crisis, each according to his or her own faith, to pray for God’s continued guidance and protection, and to join in the observance of a day of prayer, seeking God’s blessings upon both our state and nation; and
WHEREAS, untold millions of people, not only in regions surrounding the Gulf of Mexico but throughout the world, will be affected by this event; a crisis that remains unaffected by the efforts of mortal man; and
WHEREAS, we now turn our attention and our prayers to the present circumstances and humble ourselves before Almighty God.
THEREFORE, BE IT RESOLVED that the Senate of the Legislature of Louisiana
does hereby appoint Sunday, June 20, 2010, as a Statewide Day of Prayer for Louisiana and for the population and region surrounding the Gulf of Mexico.
BE IT FURTHER RESOLVED that the Senate of Legislature of Louisiana does
hereby urge the citizenry of the state and all people of faith throughout the United States and the world to give personal thanks, each according to his faith, for the blessings we have received, for God’s continued guidance during these trying times, and for God’s grace to bring an end to the devastation.

  • To whom are we praying? The God of Creation, the Holy One of Israel, was driven from our schools long ago, and prayer was made illegal in good times. Why should He hear in bad times?
  • This is no Act of God. We did this.  We are responsible. Our own greed cut the corners of safety and ignored the alarms of caution. We are only reaping what we sowed.
  • This is the anointing,  our prosperity theology has brought upon us. We have anointed ourselves with oil.

Matthew 10:29 Are not two sparrows sold for a penny? Yet not one of them will fall to the ground apart from the will of your Father.

And if our Father allowed the drowning of  His innocent and obedient birds in oil, where will the wicked and the rebellious stand?

Filed Under: Natural Disasters, Economy, Society-Culture

Good for G.M. is good for USA – 40 days in bankruptcy?

July 12, 2009 By Richard A. Volunteer

It has been said “What is good for General Motors is good for America” – Chairman and CEO, Charlie Wilson, 1955. Today this could be, what is true for General Motors is true for America.

One bankruptcy expert called GM’s 40-day case the fastest ever for a company of its size. Spurred on by the Obama administration’s support, the bankruptcy process was two day’s faster than crosstown rival Chrysler Group 42-day time frame.

So what do 40 days in bankruptcy mean?

40 has always been a number of trial and rebirth. Even pregnancy is 40 weeks to birth. While some babies are ready to come out at 40 weeks pregnant, others prefer to stay in until 42 weeks pregnant. So it was for so many desert experiences that shaped history – Moses — Noah – Israel – and other desperate situations.

So does the 40 days stand alone, and the lesson is GM’s alone or she but a foretaste of the way ahead for the country she represents? Does she like the Phoenix arise reborn or does she merely point the road for all the arrogant capitalism, she stood for.

The two bankrupt autos are but the two witnesses to the road ahead for this country. Is praying for “God’s Bailout” going to rescue “Motor City.”

Once the wealthiest city in America, known as the “arsenal of democracy,” Detroit was the fourth largest city in the U.S. in the 1960’s with a population of two million…….

The following are 25 facts about the fall of Detroit…

  • The following are 25 facts about the fall of Detroit that will leave you shaking your head…
  • At this point, the city of Detroit owes money to more than 100,000 creditors.
  • Detroit is facing $20 billion in debt and unfunded liabilities. That breaks down to more than $25,000 per resident.
  • Back in 1960, the city of Detroit actually had the highest per-capita income in the entire nation.
  • In 1950, there were about 296,000 manufacturing jobs in Detroit. Today, there are less than 27,000.
  • Between December 2000 and December 2010, 48 percent of the manufacturing jobs in the state of Michigan were lost.
  • There are lots of houses available for sale in Detroit right now for $500 or less.
  • At this point, there are approximately 78,000 abandoned homes in the city.
  • About one-third of Detroit’s 140 square miles is either vacant or derelict.
  • An astounding 47 percent of the residents of the city of Detroit are functionally illiterate.
  • Less than half of the residents of Detroit over the age of 16 are working at this point.
  • If you can believe it, 60 percent of all children in the city of Detroit are living in poverty.
  • Detroit was once the fourth-largest city in the United States, but over the past 60 years the population of Detroit has fallen by 63 percent.
  • The city of Detroit is now very heavily dependent on the tax revenue it pulls in from the casinos in the city. Right now, Detroit is bringing in about 11 million dollars a month in tax revenue from the casinos.
  • There are 70 “Superfund” hazardous waste sites in Detroit.
  • 40 percent of the street lights do not work.
  • Only about a third of the ambulances are running.
  • Some ambulances in the city of Detroit have been used for so long that they have more than 250,000 miles on them.
  • Two-thirds of the parks in the city of Detroit have been permanently closed down since 2008.
  • The size of the police force in Detroit has been cut by about 40 percent over the past decade.
  • When you call the police in Detroit, it takes them an average of 58 minutes to respond.
  • Due to budget cutbacks, most police stations in Detroit are now closed to the public for 16 hours a day.
  • The violent crime rate in Detroit is five times higher than the national average.
  • The murder rate in Detroit is 11 times higher than it is in New York City.
  • Today, police solve less than 10 percent of the crimes that are committed in Detroit.
  • Crime has gotten so bad in Detroit that even the police are telling people to “enter Detroit at your own risk“.
  • It is easy to point fingers and mock Detroit, but the truth is that the rest of America is going down the exact same path that Detroit has gone down.
  • Detroit just got there first. All over this country, there are hundreds of state and local governments that are also on the verge of financial ruin…

 

Filed Under: Economy, News Events, Politics

Trumpets 2008 – Financial Crisis – of Sevens

September 29, 2008 By Richard A. Volunteer

This month is significant
Lehman Brothers – the catalyst for the disastrous stock market crash, failed exactly 7 years after 9/11 attacks.
September 18th, 2001 – was the Feast Trumpets.
So the attacks of 9/11/2001 was exactly 1 week – or 7 days to Trumpets in 2001.
The crash of October of 1987, occurred exactly 21 years prior during the Fall Feasts.

Feast of Trumpets
7 years later since 09/11/2001
Congress was asked for $700 Billion
12 votes were needed to pass the bailout law which failed.
Stocks dropped 777 points on the Dow
The Percentage drop was 7%
S+P 500 lost $700 Billion in market cap
Overall loss for the day was 1 trillion one the 1st day of the 7th month.
So many sevens on this 1st day of the 7th month of the year.
Six (6)  months later by March the SP 500 was at 666 on the low.

Sept 29th, 2008 is Feast of Trumpets meanwhile the head of the International Monetary Fund (IMF) warned that the world financial system was teetering on the “brink of systemic meltdown.”

Today Olmert  Resigned as leader of Israel.

Filed Under: Economy, News Events, Prophecy

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