Posted on 11/17/2009 6:56:21 PM PST by FromLori
Unlike some of my fundamentalist Christian friends, I don’t think Obama is the Antichrist. But I have theorized that Obama is a puppet President and someone else is pulling the strings that are leading to the end of our way of life as we know it. A sinister plot is being implemented to destroy our economy and put us under the thumb of a tyrannical economic and political system. I have spent some time looking into eschatology, which is the study of end-times prophecy. Although the books of Revelation and much of Daniel are allegorical, anyone who reads them can’t help but be a little disconcerted by the images they contain. Several passages in both books point toward the future formation of a new world government and economic system. In order for that to happen, America’s capitalistic system must be dismantled and the U.S. Constitution abandoned. I believe that is happening right now. Alan Caruba is the writer of Warning Signs, one of my favorite web sites which I read daily. A prolific writer, his insights often provide inspiration for the op-eds that appear on my pages. Mr. Caruba takes a scientific approach and draws on his many years as a reporter to dig up information that many of us are unable to find. I recommend that every one of my readers put his site in their favorites and visit it daily. Here is the link to Warning Signs. One of Mr. Caruba’s recent blogs reinforces my thinking that a plot is afoot to fundamentally change America and destroy our freedoms. He generously gave me permission to reprint the column in its entirety: A Man-Made Financial Disaster by Alan Caruba
You will recall that, shortly before the end of the 2008 political campaign, the White House announced a threat to the entire financial system and called on Congress to enact emergency spending powers. The Emergency Economic Stabilization Act of 2008 was enacted on October 3, 2008.
Just eighteen days earlier an event occurred that slid under the radar screen of virtually the entire mainstream media. On Thursday, September 15, 2008, at approximately 11 A.M., the Federal Reserve noticed a tremendous draw down of money market accounts in the nation, amounting to $550 billion dollars. It occurred within an hour or two. The money was removed electronically.
It has never been made public which accounts were affected, nor where the withdrawn funds were sent. If we knew those facts, we would know who launched an attack on the United States that has been more devastating than any in our history.
Had the Federal Reserve not closed down the accounts involved it is estimated that by 2 P.M. $5.5 trillion would have been withdrawn and the entire economy of the nation would have collapsed. It would have been followed within a day with the collapse of the world’s economy.
What followed was the sub-prime mortgage loan debacle that can be traced to the government’s intervention into the housing loan marketplace via Fannie Mae and Freddie Mac. They ended up owning fifty percent of all the loans.
Americans were using home ownership as a credit card and government policies were mandating the issuance of bad loans in the name of “social justice.” Home ownership became “a right”, not an aspiration.
Throughout the 1990s, as communities revalued homes, increasing their alleged worth in order to impose higher property taxes, it was only a matter of time before a financial collapse became a reality. Virtually every State was spending beyond its means and increasing property taxes was the preferred choice to make up the difference.
That collapse, however, was initiated by unknown persons at precisely the time Americans were preparing to select a new president. That was not a coincidence.
In the October edition of “Budget & Tax News”, a publication of The Heartland Institute, a non-profit, free market think tank, there was an article by Sandra Fabry, the government affairs manager for Americans for Tax Reform and executive director of the Center for Fiscal accountability, a project of the organization. The article was titled “61% of National Income Goes to Government.”
“Americans this year had to toil until August 12 to pay for federal, state, and local governments, according to the annual Cost of Government Day report by the Americans for Tax Reform Foundation and Center for Fiscal Accountability.”
“In 2009, the government will consume a whopping 61.34 percent of national income.”
The redistribution of income has reached a point in which 30.36 percent of the money Americans earn is consumed by federal spending. State governments take their percentage as well in income, sales, and other forms of taxation.
It means that Americans worked for 111 days of the year just to pay for the costs of the federal government and federal spending has reached a record 28.5 percent of GDP.
With the passage by the House of the government’s attempted takeover of the nation’s healthcare system and the up-coming cap-and-trade bill, a massive tax on energy use, there is no telling how many more government spending programs, huge redistribution schemes, Americans will be obliged to pay for.
The Obama administration swiftly embarked on an unprecedented spending spree, “bailing out” General Motors and Chrysler, in effect owning AIG, the insurance giant, and giving funds to various banks to “stimulate” loans, i.e. credit, that Americans and their business enterprises depend upon to function.
Peter Schiff, CEO of Euro-Pacific Capital, has long argued that the problems of the American economy were created by excess credit and debt, and that a massive infusion of credit and debt into the economy only exacerbates the problem. He is right.
The “stimulus” has not worked and the billions still unspent by the program should be returned to the American treasury. Taxes should be cut in order to allow Americans to save or spend their own money. Contracts with civil service and teacher’s union should be renegotiated. A vast regulatory revision to remove obstacles to economic growth should be implemented.
Meanwhile the government’s “official” figures say 10.2 million Americans are out of work, but the actual figure is estimated to be closer to 17 million or more. Nothing is being done to facilitate hiring with tax credits and reduced taxation of small businesses, nor are the highest corporate taxes in the world being reduced to encourage domestic investment and growth.
And our present difficulties began on September 15, 2008 in a calculated attack that got Barack Obama elected and was immediately followed by all the subsequent efforts to grow the federal government ever larger to make more Americans dependent upon it. The Obama administration has increased the national debt more than all previous presidencies combined.
There is a determined effort under way to undermine the free market capitalist system that made America the greatest economic and military power in the world. Both the White House and the Democrat-controlled Congress are parties to it, but the identities of those who launched that September attack remain hidden. Thank you Alan Caruba. Your web site is an exceptional source of important information for all Americans.
Remember how Soros tanked the British pound years ago....he’s up to his old antics in America, as well, if you ask me.
He’s been the money engine behind the “Won’s” campaign, and, if you remember at the time when this happened, McCain and the “Won” came to Washington (putting the campaigns on hold) and McCain looked worried, but the “Won” looked like he was just “attending”....absolutely no concern showed at all....I thought he knew what was afoot.
Congresscritter Kanjorski appeared on C-Span talking about this immediate draw-down of funds that had Bush spooked and inspired him to initialize the first “stimulus”....Bush was afraid of the economy collasping...this started it all, in my estimation, and has put us on the road to ruin-—just as Soros had hoped (IMO)
Unfortunate that Bush gets blamed for what the puppetmaster put into effect on purpose.
One small problem here--9/15/2008 was a Monday.
Sept. 15 2008 unraveled after a wild weekend where Lehman Bros announced bankruptcy, Merrill Lynch selling off to BOA, and the stark reality of AIG's instability in the morning, and the Dow was down more than 500 points by afternoon. All this occurred one week after Fannie and Freddy were safely nestled under the big federal blanket.
Timothy Geithner was up to his neck in the middle of it all.
I remember my head was spinning as the day progressed.
This is what I thought as I was reading, although I suspect he wouldn't turn down the job if offered.
I dont’ think anyone knows exactly.
There were claims of insider trading. I never heard what came of it. Apparently nothing came of it.
But I have theorized that Obama is a puppet President and someone else is pulling the strings ................................. LOL!!!! I’ve posted this many times over the years; “Its not the President you have to worry about, its the people he brings in with him.” Its a political fact Jack!
Yes, but that was necesary to avoid a financial zunami. It came from no where. I know where it came from now. I always felt in my spirit something wrong about it.
This economic downfall is by design.
Pray pray pray. We can stand on HIS promise that no weapon that is formed agains the USA shall prosper.
bookmark
Yes he is. Soros is so full of hatred - that means he is full of Satan himself. When a person opens themselves to that much hatred, evil can move in and take over.
(Zero has done that too - but he is not as powerful - not yet).
And then there are those prophesied about....long ago....
One thing we do know = Almighty God is not surprised by any of Soros’ or Zero’s puny antics.
One little word will bring them down one of these days...you ask who that may be...Christ Jesus it is He!
It was Monday the 15th, and far from sliding under the radar, the event in question was the bankruptcy of Lehman Brothers. The money market panic didn't start in earnest until the Primary Fund, heavily exposed to Lehman MBS, "broke the buck" and dropped it's value to 0.97. That was an instant 3% loss to all large scale investors (pensions, funds, etc) in a pool that should show no loss - ever. Since Primary Fund was just one of countless entities exposed to Lehman, and assuming the maxim of smoke/fire, no money manager worth his salt was going to wait around for billions of dollars worth of their own money market investments go up in smoke overnight when other funds would, it seemed, follow suit.
Trust me. This was a legitimate panic. And yes, it was scary to watch unfold. I don't like much of what the Fed has done, but they absolutely saved us from total disaster when they guaranteed all funds.
In sum, too much tinfoil, not enough facts.
Agree - they are just warming the world up for the real mccoy....just as Hitler did.
Don’t you imagine people in HItler’s day believed he was the antichrist? same for Stalin? same for Pol Pot?
Their evil knew no bounds.
What is different is that it is the United States being turned into satan’s playground by these antichrist wannabes.
So what do we do?
Just what we have been doing.
Expose the evil to the light of day.....work and pray, for the days are evil ...and the darkness comes - when no man can work.
For as long as we can - as widespread as we can.
Stern is president of SEIU and apparently the author of the Health Care Bill before congress, this bill will bailout his failing union pension funds and get the taxpayers to pay for it. How do you like that...you get to rescue these union thugs!!
WE MUST STOP THIS HEALTH CARE BILL!!
Will George Soros be right about the US recession after all?
And another prediction comes true in 2008.
Oil prices: George Soros warns that speculators could trigger stock market crash
Agree with your assessment!
The main reason why most fundamentalists do not think that Obama is the anti-Christ is that ‘his’ identity will be hidden until the Rapture. II Thess. 2:3, 7-8. A secondary reason is that he is not the right nationality. That reason is more open to debate.
Well, Obambi reveres and emulates an author and radical Christian-hating activist, Saul Alinksy, who gives a “shout out” to Lucifer, in his intro to Rules for Radicals. Alinksy sees himself in the same vein, trying to stick a finger in God’s eye.
Did you see this one?
http://wcvarones.blogspot.com/2009/11/obama-meets-with-this-man-more-often.html
Only one person in the world controls enough money to pull something like that off, Gerge Soros. Soros also has a history of monetary extremely damaging money attacks on other countries. Fiat currencies offer the abilities and temptations to do just that sort of thing. If Soros did not keep junior politicians, probably in all the major countries, as junior, probably very junior, partners he would probably have been neutralized by somebody’s intelligence service by now.
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