The Financial Crisis…

Now this is difficult to write about at this time because everything is in such a turmoil!

Last Spring I aired Chuck Missler’s America in Crisis where he mentioned he thought the economy might be held together by Scotch Tape until sometime after the election but that was before Bush decided to send out that stimulus package. Free money for everyone! That may have sped up the process for a total financial meltdown before the election.

I’ve been following this closely and basically what I’m hearing is this… If the Fed does this 700 billion dollar bailout of Freddy Mac, Fanny May, A.I.G and all the others, it will bring us into another depression. If the bailout is not done, it will bring us into this depression even faster.

Just so you have an understanding about the plan for this bailout and what it will cost you individually, here are some numbers I got from my friend Dudley in Albuquerque. We're looking at about 700 billion in bailout and 100 billion in administration costs. There are about 200 million adults in the US, and about one quarter of those pay taxes. So each taxpayer will be paying about $16,000 for the bailout. Small businesses and corporations will need a global price increase of 25% to 50% to survive, so that will result in about 50% to 70% inflation.

What kind of depression are we talking about? Much like the crash of 1929 but even worse because it’s now a world market. How long would it take to recover? Well, the crash of 1929 took a few years but this one might last until the anti-christ makes the mark of the beast mandatory which is 3 and ½ years into the tribulation period, which means the rapture of the Church could be very soon!

Then on the other hand, the recovery may be sooner. The financial wizards of the world are working on this. Who knows, they might be able to buy us a little more time. But I don’t think much. Problem is, most are all New World Order boys!

Now I knew the New World Order boys needed to do something radical to shake up the American people enough to get us to go along with America, Canada and Mexico becoming one and establishing the new Amero-dollar. A financial crisis would do this. I suppose this is better than nuking areas of America and blaming it on terrorism. Although, I have heard rumors just today of this too taking place before the election as well. Just rumors so far.

By the way, I just got a new DVD in today entitled: Fabled Enemies but I haven’t had a chance to view it yet to see how accurate it is so I can’t make it available yet. I’ll let you know when I can.

So, what do I suggest you do in these perilous times? First of all, trust in our Lord Jesus! You have Scriptures to fall back on as Phil. 4:19!

Secondly, if you believe the Lord still uses the watchmen for the Church, you might listen to us.

I’ve always said it’s good to be prepared for any hard times. This was our motto when I was in the boy scouts. Later, I found it in the Scriptures.

It never hurts to have a few months of supplies around.

If the dollar crashes, real things don’t. If you’re one of those few that can invest in silver or gold, that would be good. Actually, silver is a better investment than gold. Especially what they call junk silver. U.S. coins dated prior to 1965. You can still get these. You can get a 54 pound bag of old silver dimes and quarters for about $8000.00.

Silver is going up as the dollar is going down right now. On Sept. 15th silver was at $11.08 per ounce. Just two days later, it became worth $12.44 per ounce. I’ve been told it can shoot up to $40.00 per ounce or more as the paper dollar crashes. Gold is okay too but it might be difficult to get change back for a tank of gas if you try using a gold coin equivalent to a $900.00 bill!

People are believing in the paper dollar as much as they did the Titanic. The Titanic sunk and I believe the paper dollar is about to do the same.

The financial lifeboats are still available but they’re filling up fast. If you want to trade your paper money for silver, contact me and I can help.

A Penny for Your Thoughts?

This is a very old saying. And when it began many years ago, a penny was really worth something. But through the years, it became worth less and less. I mentioned before how it costs more to make a penny than it's worth. Well now, a penny, or I should say copper has become a precious metal. I saw on the news the other night how thieves are sneaking onto constructions sites and stealing various metals. Especially copper. Recently, I was outside when my garbage man came by to pick up the trash. We got to talking. I asked him if he ever found things people were throwing away, worth keeping. He said one word. Copper! He keeps an eye out for copper. Also, people here in this country were melting down pennies and selling them for the copper. They passed a law prohibiting this in this country but now Mexicans are coming across the border, buying our pennies, bringing them back and melting them down there!

A pre-1982 penny is now worth 2 to 2.6 cents each. After 1982, only 2 to 4 tenths of a cent per penny. The rest is zinc. There is such a thin layer to our newest pennies that if swallowed, it can be detrimental to your heath due to the zinc. Not a good practice to swallow pennies anyway!

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Updated
10/15/2008
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