Penny Wise, and Trillion Dollar Foolish

The Economy is on a downward slide.


We've printed more money to pay for "social" programs, and to save financial and industrial behemoths from certain failure. Yet, where is this money coming from?

The Federal Government is broke; California, the largest state in the Union is broke; Industry is broke, and even the nation's Banks are broke.

But, good-old Uncle Sam is trying to keep a straight face in the light of universal insolvency.

The whole world is broke; Except for a few tight wad Billionaires who are just ringing their hands like a mad scientist contemplating the monster that he has created.

Enter the current obsession with the Universal Health Care Reform.
Are they kidding us, or what?

Medicare and Social Security (are broke) are paying out more in benefits than what is taken in in revenue; The revenues that are collected can't keep up with all the harebrained Malthusian Fabian Social Engineering desires of the Obama Administration.

Where will all the funds for all these fantastic flights of fancy come from?

The Government is broke?
Cash for Clunkers?
Who's got money to buy a car?

John Q. Public and Jane Doe are being down-sized and laid-off in record setting numbers. They don't know where their next meal is coming from, they have families and household to support. They don't have jobs for life like the career poli-trickcians that devise all these outlandish social programs. They don't have cushy jet-set jobs with $200k-$400k salaries, with expense accounts and power lunches.

Universal Health Care? Because 47 million in the U.S. don't have Blue Cross?

How do you justify "forcing" compulsory medical insurance on 305 Million people?

OK, now who's going to pay for this?

The nation is broke? The Fiat Currency we use has brought us to the end of the game.

Will more money (we don't have, and doesn't exist) continue to be printed to pay for things we can't afford?

Penny Wise, and Trillion Dollar Foolish!

Like a day at the Amusement Park;
It will soon be time to get off the ride, leave the Carnival, and face reality.

Arsenio.

LaRouche Issues Emergency Notice

July 27, 2009 (EIRNS)—Lyndon LaRouche issued the following emergency notice to his associates today:

The prospects for all of Eurasia now hang on the probable impact of two reactions of Europe to the present, terminal financial crisis of the virtually doomed U.S. Obama administration: the September 27 general election in Germany and the presently inevitable breakdown-crisis of the U.S.A.'s system during the interval of approximately Oct. 2-12, 2009.

Unless the present U.S. Obama administration is taken over by sane forces within the Administration and Congress prior to September, the oncoming U.S. crisis now scheduled for early October 2009 will actually explode, like a bomb set off by a proximity fuse during the period of the run-up to the Sept. 27 general election—or, in the alternative, even earlier.

By sometime no later than early through middle September, all present operating delusions about their own prospects, among leading Eurasian nations will have been exploded: if the U.S. goes down, the entire world goes down, and the debris of the explosion will be a planet-wide new dark age which no presently existing nation of the world would survive in a recognizable form.

That is the reality of the death-rattles being heard from the immediate vicinity of that walking corpse known as 'Goldman Sucks.'

LaRouche will be addressing precisely this issue in his August 1 webcast, now entitled "The Fall of the House of Windsor."

Source: http://www.larouchepub.com/pr/2009/090727emergency_notice.html

“Shadow Government” Plan for Capital Calamity

ERIC LICHTBLAU and JAMES RISEN - July 27, 2009

WASHINGTON — A shift in authority has given military officials at the White House a bigger operational role in creating a backup government if the nation’s capital were “decapitated” by a terrorist attack or other calamity, according to current and former officials involved in the decision.

The move, which was made in the closing weeks of the administration of President George W. Bush, came after months of heated internal debate about the balance of power and the role of the military in a time of crisis, participants said. Officials said the Obama administration had left the plan essentially intact.

Under the revamped structure, the White House Military Office, which reports to the office of the White House chief of staff, has assumed a more central role in setting up a temporary “shadow government” in a crisis.

Full story

Source: http://www.nytimes.com/2009/07/28/us/politics/28continuity.html?_r=3

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And the woman fled into the wilderness

Revelation 12

1And there appeared a great wonder in heaven; a woman clothed with the sun, and the moon under her feet, and upon her head a crown of twelve stars:

2And she being with child cried, travailing in birth, and pained to be delivered.

3And there appeared another wonder in heaven; and behold a great red dragon, having seven heads and ten horns, and seven crowns upon his heads.

4And his tail drew the third part of the stars of heaven, and did cast them to the earth: and the dragon stood before the woman which was ready to be delivered, for to devour her child as soon as it was born.

5And she brought forth a man child, who was to rule all nations with a rod of iron: and her child was caught up unto God, and to his throne.

6And the woman fled into the wilderness, where she hath a place prepared of God, that they should feed her there a thousand two hundred and threescore days.

7And there was war in heaven: Michael and his angels fought against the dragon; and the dragon fought and his angels,

8And prevailed not; neither was their place found any more in heaven.

9And the great dragon was cast out, that old serpent, called the Devil, and Satan, which deceiveth the whole world: he was cast out into the earth, and his angels were cast out with him.

10And I heard a loud voice saying in heaven, Now is come salvation, and strength, and the kingdom of our God, and the power of his Christ: for the accuser of our brethren is cast down, which accused them before our God day and night.

11And they overcame him by the blood of the Lamb, and by the word of their testimony; and they loved not their lives unto the death.

12Therefore rejoice, ye heavens, and ye that dwell in them. Woe to the inhabiters of the earth and of the sea! for the devil is come down unto you, having great wrath, because he knoweth that he hath but a short time.

13And when the dragon saw that he was cast unto the earth, he persecuted the woman which brought forth the man child.

14And to the woman were given two wings of a great eagle, that she might fly into the wilderness, into her place, where she is nourished for a time, and times, and half a time, from the face of the serpent.

15And the serpent cast out of his mouth water as a flood after the woman, that he might cause her to be carried away of the flood.

16And the earth helped the woman, and the earth opened her mouth, and swallowed up the flood which the dragon cast out of his mouth.

17And the dragon was wroth with the woman, and went to make war with the remnant of her seed, which keep the commandments of God, and have the testimony of Jesus Christ.

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High Time to Awake!

And that, knowing the time, that now it is high time to awake out of sleep: for now is our salvation nearer than when we believed. The night is far spent, the day is at hand: let us therefore cast off the works of darkness, and let us put on the armour of light. Rom. 13:11, 12.


The great controversy is nearing its end. Every report of calamity by sea or land is a testimony to the fact that the end of all things is at hand. Wars and rumors of wars declare it. Is there a Christian whose pulse does not beat with quickened action as he anticipates the great events opening before us? The Lord is coming. We hear the footsteps of an approaching God. {Mar 220.1}

This knowledge of the nearness of Christ's coming should not be allowed to lose its force, and we become careless and inattentive, and fall into slumber--into an insensibility and indifference to realities. In slumber we are in an unreal world, and not sensible of the things which are taking place around us. . . . {Mar 220.2}

There are those who have the blazing light of truth shining all around them, and yet are insensible to it. They are enchanted by the enemy, held under a spell by his bewitching power. They are not preparing for that great day which is soon to come to our world. They seem utterly insensible to religious truth. {Mar 220.3}

Are there not some youth who are awake? Those who see that the night cometh, and also the morning, should work with untiring energy to arouse their sleeping associates. Can they not feel their peril, pray for them, and show them by their own life and character that they believe themselves that Christ is soon to come? . . . The rapidly diminishing space of time between us and eternity should more deeply impress us. Every day that passes makes one less left us to complete our work of perfecting character. . . . {Mar 220.4}

As long as there are many asleep, many sporting away the precious hours in careless indifference, as it were, upon the very brink of the eternal world, those who do believe must be sober, must be awake, must be earnest and diligent, and watch unto prayer. . . . {Mar 220.5}

Have you, dear youth, your lamps trimmed and burning? {Mar 220.6}

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Liber Aleph part 7 by Aleister Crowley

{Digamma }{alpha }DE DRACONE, QUAE EST AQUILA, SERPENS, SCORPION.
Threefold is the Nature of Life, Eagle, Serpent, and Scorpion. And of these the Scorpion is he that, having no Lion of Light and of Courage within him, seemeth to himself encircled by Fire, and, driving his Sting into himself, he dieth. Such are the Black Brothers, that cry: I am I, they hat deny Love, restricting it to their own Nature. But the Serpent is the secret Nature of Man, that is Life and Death, and maketh his Way through the Generations in Silence. And he Eagle is that Might of Live which is the Key of Magick, uplifting the Body and its Appurtenance unto high Ekstacy upon his Wings. It is by Virtue thereof that the Sphinx beholdeth he Sun unwinking, and confronteth the Pyramid without Shame. Our Dragon, therefore, combining the Natures of the Eagle and he Serpent, is our Love, the Organ of our Will, by whose Virtue we perform the Work and Miracle of the One Substance, as saith thine Ancestor Hermes Trismegistus, in his Tablet of Smaragda. And this Dragon, is called thy Silence, because in he Hour of his Operation that within thee which saith "I" is abolished in its Conjunction with the Beloved. For this Cause also is its Letter Nun, which in our Rota is the Trump Death; and Nun hath the value of Fifty, the Number of the Gates of Understanding.

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Excerpt of text (article).

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Source: http://www.sacred-texts.com/oto/aleph_7.htm

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Note: Bolds and Highlights added.

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L'Aquila G8 Summit: What did it achieve ?

Tuesday, July 21, 2009
L'Aquila G8 Summit: What did it achieve ?

Stopping climate change -- a far cry.Photo: AFP

Mahmood Hasan

SINCE the last G8 Summit at Hokkaido, Japan in June 2008, the world economic and financial situation has grown from a "slowdown" into a full-blown crisis. The club of the eight major industrial countries met for its 35th Annual Summit in L'Aquila, Italy from 8-10 July 2009. It may be recalled that in April this year an earthquake, which killed nearly 300 people, hit this small central Italian town. The venue for the Summit was apparently selected as a mark of solidarity with the people of L'Aquila.

Italy currently holds the G8 Presidency. Apart from the G8 members (Canada, France, Germany, Japan, Italy, UK, USA, Russia), the group known as G5 (China, India, Brazil, Mexico, South Africa) was also invited to participate in some of the sessions. An assortment of 15 countries was specially invited, as were 9 International Organisations.

The Summit came at a time when the world is still smarting under the weight of severe economic and financial crisis, in which many financial institutions and big business firms in the developed world have collapsed. It also came in the backdrop of the G20 Summit in London in April last, held specifically to address global economic turmoil. The rich nations during that Summit committed $1.1 trillion to save the world financial system.

Silvio Berlusconi, Italian Prime Minister and President of the Summit summed up the main issues of the meeting as: new ground rules to tackle economic crisis; boost international trade; restore confidence of people (to consume more); climate change; development of poor countries and Africa; food security; and international political issues.

After three days of negotiations the leaders produced seven declarations and statements on: Responsible leadership for a sustainable future; Political Issues; Promoting the Global agenda; Counter Terrorism; Energy and Climate; G8-Africa partnership on Water and Sanitation and Global Food Security.

Under the political issues the leaders have expressed dismay at the post-election violence in Iran. On its nuclear ambitions the Summit -- "strongly urged Iran to cooperate fully with IAEA and comply with the relevant UNSG Resolutions without further delay." The Summit condemned North Korea in the strongest terms for its nuclear test in May and launching of ballistic missiles in April this year.

Referring to President Obama's speech in Cairo, the Summit reiterated its full support for the two-state solution of Palestinian-Israeli conflict and hoped that the process of negotiations would be quickened to establish peace in the entire region. The leaders agreed that stability in Afghanistan and Pakistan remains top priority for the G8. On Myanmar the leaders expressed their indignation that the military junta has failed to make any progress in their meeting with the UN Secretary General earlier this month. The leaders called for the release of all political prisoners including Aung San Suu Kyi and to make the 2010 elections credible.

Declarations and Statements are actually negotiated and decided upon at the series of Ministerial meetings held prior to Summits. The negotiation that actually took place during the Summit was on energy and climate -- an issue of grave importance for the planet. The crucial sentences of the statement read: "We recognise the scientific view that the increase in global average temperature above pre-industrial levels ought not to exceed 2 degrees C. In this regard and in the context of the ultimate objective of the (UN) Convention and the Bali Action Plan, we will work between now and Copenhagen ... for substantially reducing global emissions by 2050."

President Barak Obama, hoping to unite the G8 and G5, chaired the session of MEF, which is responsible for almost 80% of evil emissions globally. G8 for the first time agreed on specific emission reduction goals and agreed to finance and transfer green technologies to the developing countries.

The industrial nations also agreed to reduce their emissions by 80% by 2050. G5 wanted the developed countries to reduce their dreadful emissions by at least 40% by 2020. The argument was that without immediate restraints on emissions in the short-run, the world climate might drift towards irreversible damage. The effects of global warming are already being felt in many parts of the world. While some countries are experiencing shortages of water (e.g. Sub-Sahara), others are threatened with floods and sea level rise. (e.g. Bangladesh, Maldives).

The UN Secretary General criticised the Statement saying it ought to have fixed a short-term target for 2020. Others have welcomed the statement because the US, which was so far opposed to any climate deal, is now onboard. Also now that the G8 countries have made a commitment, it will probably make negotiations easier at the UN Framework Convention on Climate Change (UNFCCC) to be held in Copenhagen in December this year.

The G8 Leaders have also agreed to achieve sustainable global food security. It has committed $ 20 billion over the next three years to help food-insecure countries grow more food. For the first time emphasis has been laid on growing more food than on emergency food supplies to distressed countries.


Future Summit Format
Even with stiff economic competition the continued growth of G5 and other developing countries over the decades, have made them into a force to be reckoned with. It is evident now that it is becoming increasingly difficult for G8 leaders to resolve common global challenges, such as -- economic crisis, climate change, ensuring free trade, food security etc, all by themselves. The G8 indeed needs the support and assistance of the developing countries to achieve progress.

The G5 leaders were invited by G8 leaders not as full members, but as leaders on the sidelines, which the G5 resented. They want to be treated as full partners. There was a time when the G8 countries had set the agenda for the rest of the world. With the emergence of economically and militarily strong nations -- the G8 is now obliged to open its door to new entrants.

The first instance of the G8 enlarging into G14 (G8 plus G5 plus Egypt) came when the declaration for "Promoting the Global Agenda" was signed on 9 July. A new acronym was used MEF (Major Economies Forum).

With the waning of influence of the United Nations over world affairs -- Groups such as G8, G14, G15, G20 will probably become more and more relevant. It would however be wrong to presume that G8 will fade away. What is more likely to happen is that we shall probably see more "G" summits in the days to come. But we have to remember that larger the format becomes the more arguments it will stir up and more impotent it would tend to become.

In spite of the gaffes of playboy Silvio Berlusconi, the achievements of the L'Aquila Summit cannot be rubbished as worthless. The Declaration on Climate is indeed a step in the right direction. Such Summits do contribute some goods, though not all that are promised are always implemented to the expectations of many.


Mahmood Hasan is a Former Ambassador and Secretary.

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Source: http://www.thedailystar.net/newDesign/news-details.php?nid=97794

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America the Unclean!

Volume XXVIII Issue VIII August 2009
Last Trumpet Ministries, PO Box 806, Beaver Dam, WI 53916
Fax: 920-887-2626 Internet: http://www.lasttrumpetministries.org/

America the Unclean!

“And the Word of the Lord came unto me, saying, Son of man, say unto her, Thou art the land that is not cleansed, nor rained upon in the day of indignation. There is a conspiracy of her prophets in the midst thereof, like a roaring lion ravening the prey; they have devoured souls; they have taken the treasure and precious things; they have made her many widows in the midst thereof.”

Ezekiel 22:23-25

“In thy filthiness is lewdness: because I have purged thee, and thou wast not purged, thou shalt not be purged from thy filthiness any more, till I have caused my fury to rest upon thee. I the Lord have spoken it: it shall come to pass, and I will do it; I will not go back, neither will I spare, neither will I repent; according to thy ways, and according to thy doings, shall they judge thee, saith the Lord God.”

Ezekiel 24:13-14

“And he saith unto me, Seal not the sayings of the prophecy of this book: for the time is at hand. He that is unjust, let him be unjust still: and he which is filthy, let him be filthy still: and he that is righteous, let him be righteous still: and he that is holy, let him be holy still. And, behold, I come quickly; and my reward is with me, to give every man according as his work shall be. I am Alpha and Omega, the beginning and the end, the first and the last. Blessed are they that do his commandments, that they may have right to the tree of life, and may enter in through the gates into the city. For without are dogs, and sorcerers, and whoremongers, and murderers, and idolaters, and whosoever loveth and maketh a lie.”

Revelation 22:10-15

In this issue of the Last Trumpet Newsletter, we will deeply consider a serious condition that exists in America, which is of the utmost urgency. What happens when a nation goes too far in resisting the one true God and His Holy Word? The above verses tell us that Old Testament Israel fell into this very condition, and the consequences were severe. Even a simple study of the Old Testament reveals that Israel fell into severe forms of idolatry, dishonesty, fraud, homosexuality, and baby killing as they lusted after the heathen societies around them. The first verse above goes so far as to use the word conspiracy in regard to the religious leaders, which brought forth the wrath of the Almighty in great measure.

The sad reality is that cleansing was available, and merciful purging from sin could have brought forgiveness and healing to their land, but it was rejected and not received by the people. These people thought they were good and righteous and that they were the greatest nation on earth. In reality, their sins were so great as to insult and blaspheme the very gates of Heaven. Why couldn’t they see themselves as God saw them? They justified themselves by philosophies and religions of their own designs. They tried to recreate God in their own image to fit the profile of their own conceited and erroneous thinking. Horrifying destruction soon followed!

The unnerving truth is that all of these very conditions exist in the United States of America at this present time. I keep hearing people say we are the greatest nation on earth, the good guys, and the role model for the entire world. In reality, our government is corrupt beyond description, our banking system is crooked, homosexuals and lesbians have preferred and protected status, pornography is near to the saturation point, babies are being killed within the very wombs that are supposed to be nurturing them, and we are a drugged and drunken population. Most people are addicted to entertainment of all types and are so distracted by it that they can no longer think. Most have never pondered anything for as long as they can remember, and neither do they care. All of this leads to enslavement and eventually to destruction.

The Bible warned us that these days would come in II Timothy 3:1-5 and in many other places as well. Very soon, judgment will fall. The only remedy is true repentance and turning away from sin and evil. We are all on the very edge of eternity right now, and we will spend eternity either in Heaven or in a condition of eternal damnation. Now is the time to pray and to surrender your life to the Saviour, our Lord Jesus Christ. Do it now! He will receive you and all will be well with your soul when you fully obey the Scripture!

Obama – The Man Who Wants to Be God!

I recently read a headline in the London Daily Telegraph that not only arrested my attention but also sent shock waves through me. The headline read as follows: “Can Barack Obama Save Us From Hell?” The article went on to tell about the worldwide global warming program that is now being spearheaded by Barack Obama. Al Gore had been the “apostle” of this program for years, but now it is Obama who is planning to be the “saviour of the world.” The article went on to say that a crucial global meeting is planned for early December in Copenhagen that will launch the program immediately! (1) Have you noticed how quickly everything is moving toward the full antichrist agenda? Have you also noticed how rapidly all existing institutions are falling apart?

On June 26th, 2009, the U.S. House of Representatives passed the Climate Change Bill. It happened during the darkest hours of the night, when the 1200-page document was tossed onto the desks of the House members. Not one Representative read it, nor did they have time to read it. The bill passed by the narrow margin of 219-212. (2) If this legislation makes it through the U.S. Senate where it is right now, our nation will never be the same again. The bill calls for heavy penalties for electrical generating facilities that burn coal, which will be passed on to the end users. Representative Sensenbrenner of Wisconsin stated that electric bills for the people of Wisconsin will increase by 170%. It was also projected that electric bills in many parts of our nation would eventually triple. Thus, we have further hardship for an already oppressed people.

The press and news media of every kind continues to deify Barack Obama. Newsweek Editor Evan Thomas made the following statement on MSNBC regarding Obama: “In a way, Obama is standing above the country, above the world. He’s sort of God.” (3) From where did this strange man named Barack Hussein Obama come, and how did he rise from obscurity? Twelve years ago, in the year 1997, while Barack Obama was being groomed and prepped for his position as President of the United States, three amazing things happened. In that year of 1997, Tony Blair, the occultist, was elected Prime Minister of Britain; Diana, Princess of Wales, died when the car she was in crashed into the thirteenth pillar of the roadway she was traveling on; and a new children’s book called Harry Potter and the Philosopher’s Stone was published. That book by Janet K. Rowling and all her subsequent books became a part of an occult blueprint that would shape the hearts and minds of an entire generation to receive the Antichrist. Witchcraft was glorified in Rowling’s books as having a good side. It was a progressive brainwashing of good witchcraft triumphing over evil witchcraft. But it was all witchcraft, and it was all of Satan! Ministers of mainstream “Christianity” also jumped on that bandwagon, and thus, they touted “good” witchcraft.

Now we are going into our thirteenth year since the first Harry Potter book was published. The latest and most recent book in the series was made into a movie also, and it is scheduled to open in theaters everywhere on July 15th, 2009. The movie takes its title from the latest Harry Potter book and is entitled Harry Potter and the Half-Blood Prince. (4) It is more than strange and ominous that the United States of America for the first time in its history as a nation has a President that is a half-blood prince! (This is being academically stated and is not intended as a racial remark.) In the year 2010, President Obama is planning to be presented as the saviour of the planet. This is scheduled to coincide with the thirteenth year of the Harry Potter mania that has swept our world.

Another question that arises is why President Obama scowls so intensely at other heads of state around the world, but smiles profusely at dictators, such as Hugo Chavez? (5) It seems that the rest of the world recognizes Obama as a communist, but the people in the United States do not see it. Here let it be noted that the Scotsman Newspaper reported that Obama was warned in advance that when he went to Russia, he would receive a chilly welcome from the Russian people. (6) The majority of the Russian people hate communism because they lived under it for so long. They cannot be fooled and fully realize that Obama is a commissar at heart, and they have no use for him!

The signs of communist takeover are everywhere. We know that the United Nations Charter, drafted in San Francisco, California, in 1945, was copied word for word from the Soviet Constitution. We also know that the only two U.S. Senators that voted against it were the two who read it. This entire horrifying story is recorded in a message by the late Myron C. Fagan in the message entitled “Truth about the World Bankers.” (This recording is available from Last Trumpet Ministries.) Comm-UN-ism has been proliferated by the United Nations since its inception. I recently read in an article from the Milwaukee Journal Sentinel that the city of Milwaukee, Wisconsin, has become vitally important in the UN conspiracy. Milwaukee has been designated as a U.N. Global Compact City, one of only thirteen such cities worldwide. The article goes on to say that a new building on the shores of Lake Michigan will be used for many high-level political purposes, primarily water control policies. (7) We know that the Illuminati’s love affair with “Mother Earth” is witchcraft of the first magnitude, and the “Green Earth” programs provide a common-cause gimmick needed to weld the people behind the globalist’s Marxist socialism.

Another example of communism marking its territory in the United States is what is known as the Tear Drop Monument, located at Harbor View Park in Bayonne, New Jersey. (8) This strange monument was donated, designed, and built by the Russians and was formally dedicated on September 11th, 2006. It received almost no news coverage. The monument consists of a lofty stone monolith that is split and separated in the middle. In the opening is a large metallic tear drop, aligned visually with the site where the twin towers of the erstwhile World Trade Center once stood. The monument also triangulates with the Statue of Liberty. The World Trade Center was, of course, the great monument to capitalism, and communism is the antithesis of capitalism. Furthermore, the monument stands in the very place where the Bolsheviks under Trotsky trained for their Russian Revolution. It was property owned by Rockefeller’s Standard Oil Refinery, overlooking the Kill Van Kull, the busiest seaport in the world. This Tear Drop Monument is an obvious declaration in stone that communism has come to America!

On July 13th, 2009, the confirmation hearings began for Sonja Sotomayor, who is Obama’s choice for a life-long appointment to the Supreme Court. In the July issue of the Last Trumpet Newsletter, I reported that Sotomayor was a member of the secret society known as the Belizean Grove. Now that she is facing hearings, she has resigned from that organization, effective June 19th, 2009. This was only a few days after I wrote about it in this newsletter.

A Nation Like Unto Sodom!

In Genesis, chapters 18 and 19, we read of the destruction of Sodom and Gomorrah because of Almighty God’s hatred of homosexuality. Romans, chapter one, also makes God’s position on the so-called “gay” movement very clear. I am sorry to say that Barack Obama has been very vocal about favoring the latter day Sodomites. Only a few months ago, Obama refused to go or send a representative to Capitol Hill for a National Day of Prayer. On June 22nd, however, Obama invited the leaders of the “Gay” activist organizations to the East Room of the White House to commemorate the Stonewall Riots of June 28th, 1969. The Stonewall Riots were named for the burning of a gay bar, the Stonewall Inn in Greenwich Village, New York City. This infamous gay bar became the symbol of the gay rights’ movement in America, and our President honored the Sodomites profusely. (9) It was forty years after Stonewall, which is one full generation according to Scripture. Will judgment from the Almighty soon follow? We also know that on June 18th, 2009, Obama extended full Federal benefits to the gay partners of Federal employees in an elaborate signing event. (10) Similar signings took place at state levels as well, such as the one in the state of Washington by Governor Chris Gregoire on May 19th, 2009. (11)

It seems that the entire nation is reaching new depths of corruption, and this is a sure sign of the time of our Lord’s return! We have now learned that the prestigious Harvard University has dropped its straitlaced image and endowed America’s first named professorship of sexuality. This academic chair and department majors in gay, bisexual, and transgender studies! (12) In England, Liverpool Hope University now offers a full doctoral program in the study of the infamous rock group, the Beatles. (13) Where does it all end?

When the government began to launch some of its most recent projects, it needed a distraction to occupy the minds of the American people. Suddenly celebrities began to die! Michael Jackson, Farrah Fawcett, and numerous others all died within a week or so. America became transfixed and gave their attention to almost nothing else. Michael Jackson received the most attention as tens of thousands of people tried to get tickets to his memorial service at the Staples Center in Los Angeles. (14) Here let it be noted that one of the roles played by Michael Jackson that is seldom remembered was the part he played in the 1978 musical remake of the Wizard of Oz. It featured an entirely African-American cast and was a big hit. We know the original Wizard of Oz was done by satanic design, and it was a picture of America being taken over. It featured a scarecrow that had no brain, a tin man that had no heart, and a lion that had no courage. Through the clandestine activities of the government behind the curtain, the wizard of the ounce (oz), the gold and silver standards were replaced with unbacked paper currency. The people of the United States were so demoralized that Americans became a people that have no brain, no heart, and no courage. My reason for mentioning all of this is because the part played by Michael Jackson in the Wiz was the scarecrow, which had no brain. Now Michael Jackson is dead and buried, and they buried him without his brain, which was held back for research. (15)

A Nation with Empty Pockets!

Who picked the pockets of this once great nation of the United States of America? Is our nation being brought low by a systematic planned program? Why is it that during the forty-eight days prior to June 16th, 2009, oil prices were continually dropping and gas prices were continually going up? (16) Why have American households lost $1.33 trillion in the first quarter of 2009? (17) It is so bad that even the Internal Revenue Service is complaining that the taxes collected this year are down $138 billion, or 34% less, compared to last year. (18) On May 13th, the Associated Press reported that Social Security and Medicare funds are dwindling fast. Medicare is now paying out more than is being taken in, and Social Security is running out of money well ahead of schedule. (19) The average credit score for Americans has dropped between 6 and 11 points and now averages 651. (20) We know that our economy is being sabotaged. We also know that when Obama continues to increase the supply of money by trillions of dollars, it causes all existing money to be worth less and less. Inflation begins to grip the nation. This is true because the existing goods and services must absorb all of the new money, and prices begin to spiral upward. The big question now is when will the Federal Government declare a “bank holiday” and close all the banks for reorganization as Franklin Roosevelt did in 1932? When this happens, no one will have access to their money until the devaluation is complete. How will the people react in such a society as we now have? It is no doubt time to pray fervently! The Almighty does give us signs that He is in charge at all times. On the 13th day of July, Obama was giving a speech on urban and metropolitan policy in the Eisenhower Executive Office Building. When he said the words, “To pull our economy back from the brink….,” the glass teleprompter went crashing to the floor, breaking into small pieces, and leaving shards of shattered glass at the President’s feet. (21) This was another sign from above!

Emergence of a Strange New Religion!

Where is true Christianity today? Most people look in all the wrong places. Mainstream “Christianity” has been seized upon by demonic forces, and this fact is self-evident when we look at what they are saying and doing. During the Pope’s recent trip to the State of Israel, the Pontiff made a speech that was shocking in many ways. The photograph of the Pope making this speech revealed the clear image of a shadowy figure of a man behind a thin curtain. The man appeared to be about ten feet tall and stood directly behind the Pope. This was no ordinary man! Occultists who have actually seen Satan all report that he appears to be about ten feet tall and a dark shadowy figure. Obviously, strange and clandestine forces are at work in this ancient land. The Pope, who also prayed at the Wailing Wall, also made an amazing declaration. He clearly announced that the Vatican will immediately stop preaching to Jews and make no effort to convert them. (22)

We have now learned that the largest “fundamentalist” denomination in America is about to honor and endorse Barack Obama. President Obama is pro gay, pro abortion, and antichrist in his policies in so many ways. With full knowledge of this, Southern Baptist President Johnny Hunt has proposed a resolution to honor and formally endorse Barack Obama! (23)

The Billy Graham Evangelistic Association recently sent me a large poster and invitation that is apparently being sent to all churches. The event is a rock music concert to be held along the Mississippi River in various places in August 2009 called Rock the River Tour. This series of events include some of the vilest and most evil looking performers I have ever seen, such as Superchick, Red, Flyleaf, and others. The poster also features a Volkswagen van, such as symbolizes the Grateful Dead, with a red guitar dripping with blood on the front! (24)

The influence that witchcraft has had on churches in America and England can be clearly seen by any discerning Christian. But in these last days, the Wiccans, Druids, and other types of witches are flaunting their craft, and with great audacity, they are parading it everywhere. On June 21st, 2009, many thousands of Druid witches gathered at Stonehenge on the sabat of Midsummer. (25) It is all happening just as it did many centuries ago, and this revival of witchcraft indicates that the final Antichrist is about to rise up! This occult evil is so widespread that the Guardian Newspaper of London featured the following headline on June 22nd, 2009: “Everyone’s a Pagan Now.” The article went on to state that there are more than 250,000 initiated and practicing witches in Britain alone. (26) Here let it be noted that witchcraft is no joke, and neither is it a light matter, and this includes the Harry Potter materials. Almighty God makes this very clear in Deuteronomy 18:10-12 which reads as follows: “There shall not be found among you any one that maketh his son or his daughter to pass through the fire, or that useth divination, or an observer of times, or an enchanter, or a witch, or a charmer, or a consulter with familiar spirits, or a wizard, or a necromancer. For all that do these things are an abomination unto the Lord: and because of these abominations the Lord thy God doth drive them out from before thee.”

Medical Enslavement!

It should be quite obvious that Satan, who is attempting to enslave all of mankind, would not overlook the direct control over the human body as well as the complete brainwashing of the mind. It was Johann Wolfgang Goethe who said, “None are more hopelessly enslaved than those who falsely believe they are free.” It is somewhat amazing to me that so many people think that Barack Obama really cares for them and that is what is prompting his new health care plan. Under the Obama plan, everyone would be required to carry health insurance. Poor and middle class people would receive some subsidies, and those who refuse to sign up will face fines of more than $1,000. This money would be collected through the income tax system, the IRS. These penalties are called “shared responsibility payments.” The Congressional Budget Office estimates that the fines would bring in $36 billion over a ten year period, which would help pay for the program. Thus, the Federal Government is depending on the noncompliance of the people to raise the money to make their program work. (27) This is socialism at work! In addition to that, the program also calls for mandatory control of every person’s detailed medical records by the Federal Government in a single massive database. There will be no chance to opt out. (28)

Every project of the Federal Government has an occult base to it. Obama’s health care plan is no exception. The official symbol of the health plan, taken directly from the Obama website, is a dead give-a-way. It is comprised of the Obama symbol, which is the oval with three red stripes and three white stripes with a bright orb rising from the six stripes. In front of the oval is a caduceus, consisting of two serpents intertwined around the winged scepter. A crescent moon with three stars rises above four houses inside an illuminated pyramid. (29) As a former occultist, this symbolism is no mystery to me. This symbol depicts a nationwide spell of mind and body control. The dark forces of antichrist are rising quickly!

We must also note that three things are happening with precise Illuminati timing. It is not coincidental that Obama’s nationwide health plan, the emergence of the H1N1 (swine flu), and the new vaccine are all happening at the same time. On June 12th, 2009, United Nations’ health officials declared that the swine flu is at the pandemic stage! (30) This means that no laboratory can be sued because of injuries or death caused by the vaccine. According to the Associated Press, an unprecedented six-hundred-million doses of vaccine are currently being prepared. (31) Some reports have indicated that it will take three injections for a person to be immunized. According to Obama’s Secretary of Health and Human Services, Kathleen Sebelius, school children will be the first to be vaccinated. The Federal Government has been putting schools on notice that they may be turned into shot clinics, not only for students, but for all people of every age. Sebelius said, “The target may be school-age children as a first priority.” (32) Take careful note of that word target.

Where did this mysterious flu come from? We know the so-called “swine flu” cannot be transferred from swine to humans, but German researchers have now discovered that the real danger is that the virus can be transferred from humans to swine. From that point, the researchers stated that the virus strains would be mixed up even further with unpredictable results. (33) I have no doubt that the Obama Administration will do everything it can to force every American to take the shot. They need to be given a firm no!

On June 17th, 2009, National Public Television let the cat out of the bag with a scientific documentary program on NOVA called “The Deadliest Virus.” The topic of the program was the 1918 influenza epidemic that killed millions worldwide. On the program it was stated that the samples of this virus are kept in a facility that is so restricted that only a handful of scientists are allowed to study it. The producer of the program made the mistake of showing one of the sample tubes of the 91-year-old 1918 virus, and it was clearly labeled H1N1. (34) I have no doubt that this H1N1 swine flu virus is nothing new, and it is designed for population reduction and control. Who could be as dirty as Satan’s chosen people who now fill the key leadership positions? I must also mention that Reuters News Service published a story on the 13th day of July 2009 with the following headline: “New Flu Resembles Feared 1918 Virus.” (35) The story told how this virus goes deep into the lungs and causes pneumonia. We have now learned that the Food and Drug Administration has been sending out warning letters to providers of natural supplements, vitamins, and foods that there is to be no mention of any of their products as beneficial in preventing or treating the H1N1 virus. The penalties include stiff fines and possible criminal prosecution. (36)

Other Signs of the End!

The 24th chapter of Matthew tells us to watch for many signs that would come at the time of the end of the world. We are to watch for famine, pestilences, earthquakes, and so on. Recent reports indicate that one billion people now suffer from worldwide hunger. (37) In France, officials recently discovered an estimated six billion mosquito larvae for the large Asian tiger mosquito, which were being sprayed by helicopters to keep them from spreading to Britain. (38) On June 16th, 2009, an unusual storm moved into Beijing, China, and no one had ever seen anything like it. It was 11:30 A.M. and was as pitch black as the darkest night. The storm collapsed 9,700 houses. (39) On June 20th, 2009, in South Jordan, Utah, a new Mormon Temple was struck by lightning. The lightning struck a gold statue of the “Angel Moroni” and turned the angel black. (40) Nine days later, thick swarms of locusts plagued Tooele, Utah, with a pestilence of Biblical proportions. (41) On July 9th, 2009, the Associated Press reported that “mysterious tremors have been detected on the San Andreas Fault.” Scientists stated that the number of tremors doubled after the 2003 earthquake and increased six-fold after 2004. (42) There have been 272 earthquakes worldwide within the past 30 days with a magnitude of 4 or greater. This includes the magnitude 7.8 quake that shook the New Zealand area on July 15th, 2009. (43)

One of the strangest stories about the end time was released on June 23rd, 2009, by the Associated Press. It tells of the Dead Sea area and how, without warning, the ground just opens up and swallows people. (44) This is the area where the ancient cities of Sodom and Gomorrah once stood. Large sections of the area are now being fenced off, and warning signs are being posted. Truly, there are many signs of the coming of the Lord. I pray that we will all be ready to meet Him as our Saviour and King. Grace and peace be multiplied unto you in the name of our Lord Jesus Christ. Thanks to all of you who support this end time prophetic ministry. Remember, your prayer requests are always welcomed and will receive individual attention.

David J. Meyer

Acknowledgements
01. The Daily Telegraph, Jul. 9, 2009, by Geoffrey Lean, London, England, U.K.
02. Politico, Jun, 25, 2009, by Lisa Lerer & Patrick O’Connor, Washington, D.C.
03. The Washington Times, Jun. 15, 2009, by Cal Thomas, Washington, D.C.
04. The Daily Telegraph, Jul. 6, 2009, by Chloe Fox, London, England, U.K.
05. The Jerusalem Post, Apr. 20, 2009, Shmuley Boteach, Jerusalem, Israel.
06. The Scotsman, Jul. 6, 2009, by Chris Stephen, Edinburgh, Scotland.
07. Milwaukee Journal Sentinel, May 31, 2009, by Michael J. Murphy, Milwaukee, WI.
08. Snopes.com., http://www.snopes.com.
09. CitizenLink, Jun 25, 2009, by Steve Jordahl, Washington, D.C.
10. The Daily Telegraph, Jun. 18, 2009, London, England, U.K.
11. The Seattle Times, May 19, 2009, by Lornet Turnbull, Seattle, Washington.
12. The Guardian, Jun. 4, 2009, London, England, U.K.
13. The Melbourne Age, Jun. 15, 2009, Melbourne, Australia.
14. Associated Press, Jul. 3, 2009, by Anthony McCartney, Los Angeles, CA.
15. The Daily Mail, Jul. 5, 2009, London, England, U.K.
16. Milwaukee Journal Sentinel, Jun. 16, 2009, Milwaukee, WI.
17. Milwaukee Journal Sentinel, Jun. 12, 2009, by Christopher S. Rugaber, Milwaukee, WI.
18. USA Today, May 27, 2009, by John Waggoner, Gannett News Service.
19. Associated Press, May 13, 2009, Washington, D.C.
20. USA Today, May 27, 2009, by Kathy Chu, Gannett News Service.
21. ABC News, Jul. 13, 2009, Washington, D.C.
22. The Australian Jewish News, May 15, 2009, Sydney, Australia.
23. Christian Citizens.org., Jun. 23, 2009.
24. The Billy Graham Evangelistic Association, July, 2009, official poster.
25. The Houston Chronicle, Jun. 21, 2009, Houston, TX.
26. The Guardian, Jun 22, 2009, by Cole Moreton, London, England, U.K.
27. Associated Press, Jul. 3, 2009, by Ricardo Alonzo-Zaldivar, Washington, D.C.
28. WorldNetDaily, Jan. 27, 2009, by Bob Unruh.
29. Obama Health Care, Jul 14, 2009, http://my.barackobama.com/page/content/hckickoff.
30. Milwaukee Journal Sentinel, Jun 12, 2009, AP, Geneva, Switzerland.
31. Cox News Service, Jun. 27, 2009, by Mike Stobbe, AP, Atlanta, GA.
32. Associated Press, Jun. 16, 2009, by Lauran Neergaard, Washington, D.C.
33. Reuters News Service, Jul. 9, 2009, London, England, U.K.
34. National Public Television, Jun. 17, 2009.
35. Reuters News Service, Jul. 13, 2009, by Maggie Fox, Washington, D.C.
36. Natural News, Jun. 18, 2009, by Mike Adams, http://www.naturalnews.com/.
37. The Daily Telegraph, Jun. 19, 2009, London, England, U.K.
38. The Daily Telegraph, Jun. 19, 2009, by Henry Samuel, Paris, France.
39. ABC News, Jun. 16, 2009, Beijing, China.
40. The Holland Sentinel, Jun. 20, 2009, Holland, MI.
41. Associated Press, Jul. 2, 2009, Tooele, UT.
42. Associated Press, Jul. 9, 2009, by Alicia Chang, Los Angeles, CA.
43. Associated Press, Jul. 15, 2009, Wellington, New Zealand.
44. Associated Press, Jun. 23, 2009, by Joseph Marks, Ein Gedi, Israel.

http://lasttrumpetministries.org/

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Source: http://lasttrumpetnewsletter.org/2009/08_09.html

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D.C.’s ‘invisible army’ for Christ

The Family, a little-known religious group, has been getting some unwanted publicity. What do they believe?
Briefing•Friday, July 31, 2009

Mark Sanford: Answers to a higher authority (Corbis)

BY
What is the Family?

It’s the most well-connected religious organization that no one talks about. Formed in 1935 by an itinerant preacher, Norwegian immigrant Abraham Vereide, the Family has grown into “a veritable underground of Christ’s men all through government,” in the words of Family member and evangelical minister Charles Colson, the convicted Watergate conspirator. The Washington-based group counts many prominent politicians, mostly conservative Republicans, among its flock, and several members of Congress pay $600 a month to rent rooms in the group’s townhouse on C Street, near the U.S. Capitol. There are Family “prayer cells” in many federal agencies, including the Pentagon and the Justice Department. The Family tries to maintain a low profile (see below), but was thrust into the headlines in recent weeks when it emerged that three politicians embroiled in sex scandals—South Carolina Gov. Mark Sanford, Nevada Sen. John Ensign, and former Mississippi Rep. Chip Pickering—are longtime members. Pickering, in fact, last week was accused in court papers of having trysts with his mistress in the C Street house.

Are all members politicians?
No. While members include Iowa Sen. Charles Grassley, former Secretary of State James Baker, and former Attorney General Edwin Meese, many business leaders and military officers are also involved. “We work with power where we can,” Doug Coe, 81, the group’s leader since 1969, said in a rare interview in 2002, “and build power where we can’t.” The Family’s only high-profile endeavor is the National Prayer Breakfast, at which world leaders gather each year in Washington for a morning of nondenominational worship; but the Family always stays in the background, and many participants have no idea that the group is even involved.

What does the Family believe?
Its theology is vague, elastic, and focused on power. The basic precepts came to Vereide in a vision in 1935, according to the group’s literature. Living in Seattle, he came to believe that union organizing in the city was communist-inspired. Jesus appeared to him in the form of the president of U.S. Steel, who told him to gather “key men”—prominent businessmen and political leaders—to beat back the unions in His name. Vereide’s recruiting efforts spread eastward, and in 1941 he arrived in Washington, where he began cultivating friendships with powerful people and setting up prayer groups. By then, Vereide was convinced that conventional Christianity had it backwards: Instead of ministering to the down-and-out, Jesus wanted believers to tend to the “up-and-out”—members of America’s elite who lacked intimacy with Jesus. In Vereide’s worldview, free-market capitalism is divinely ordained, and unions and regulations are a form of blasphemy.

What about personal morality?
It’s not the most important consideration. “The people involved in this association are the worst and the best,” Coe says. “Some are total despots, some are totally religious.” The mere fact that they are powerful means they have God’s favor, argues Coe, citing a line from St. Paul’s Epistle to the Romans: “The powers that be are ordained of God.” Scholar Jeff Sharlet, author of the authoritative book The Family: The Secret Fundamentalism at the Heart of American Power, explains the theology this way: As long as the powerful develop a close relationship with Jesus, “then they will dispense blessings to those underneath them. It’s a sort of trickle-down fundamentalism.” The theology stems from Vereide’s belief than only “key men” can change the world, and only with Jesus’ guidance will they change it for the better. The Family believes in a “total Jesus,” who pervades every thought and action.

Does the Family excuse adultery and other sins?
Not exactly, but it considers the powerful to be accountable only to God and their peers, not to their constituents or the Constitution. Coe speaks often of the biblical King David, who slept with another man’s wife, then ordered the cuckolded husband into battle, effectively sentencing him to death. Yet despite his personal failings, David was one of God’s chosen, and his reign was a blessing to the Israelites. When Gov. Sanford invoked King David to explain why he wouldn’t resign over his adulterous relationship with an Argentine woman, “you could almost hear Doug’s voice,” says Sharlet, who considers the Family’s disregard for conventional morality “potentially very dangerous,” because it “leads you away from accountability to the public.”

Is the Family a threat?
Few in Washington seem too worried. Secretary of State Hillary Clinton has taken part in Family activities despite her liberal politics, and has called Coe “a genuinely loving spiritual mentor and guide to anyone who wants to deepen his or her relationship with God.” The first President Bush called Coe an “ambassador of faith.” Supporters also note that Family members helped convince President Jimmy Carter, Anwar Sadat, and Menachem Begin to call for a worldwide day of prayer to usher in the Camp David Peace Accords. And members helped broker a 2001 peace agreement between the Democratic Republic of Congo and Rwanda. Such successes, Family members say, demonstrate the group’s good intentions. “There’s nothing sinister here, no dark secrets,” says former Rep. Tony Hall of Ohio. “It’s the exact opposite of what Washington is about.”

Secrecy by design
Family members quickly learn that the first rule of the Family is not to talk about it. In 1966, Vereide, who referred to his following as an “invisible army,” decreed that the Family should “submerge the institutional image” of the group—a policy maintained by Coe. As Coe once said in a sermon, “the Family functions invisibly like the Mafia. The more you can make your organization invisible, the more influence it will have.” Family members organize themselves into small “cells” that are, in the group’s own words, “publicly invisible and privately identifiable.” Coe has expressed admiration for the way such leaders as Adolf Hitler, Ho Chi Minh, and Osama bin Laden organized followers into small groups that shared a “covenant.” With a covenant, he says, “two or three people can do anything.” Where those leaders went wrong, he says, was in not making their covenants in Jesus’ name.

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Source: http://www.theweek.com/article/index/98841/DCs_invisible_army_for_Christ#comments

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G. Edward Griffin explains the collectivist agenda behind The United Nations and the Global Warming myth.

http://www.youtube.com/watch?v=J1OFADSgNSohttp://

papahockeybearJuly 26, 2009

An interview, in July 2009 with G. Edward Griffin, famed author of "The Fearful Master, a Second Look at the United Nations" , wherein he discusses the illusion of the United Nations as a peacekeeping organization and its true agenda for a New World Order and totalitarianism, as well as the treaties that bind the United States.

More:
10:02
G. Edward Griffin pt 2/5
papahockeybear

10:17
G. Edward Griffin pt 3/5
papahockeybear

5:40
G. Edward Griffin pt 5/5
papahockeybear

8:41
G. Edward Griffin pt 4/5
papahockeybear

10:01
A Reality Course On Money - G. Edward Griffin 5...
JazzChriss

7:27
Rare year 1982 video with G. Edward Griffin & N...
matheis

4:42
G. Edward Griffin on the Federal Reserve System

Luxury-loving Rev. Ike is dead at 74

Luxury-loving Rev. Ike is dead at 74

BY Leo Standora DAILY NEWS STAFF WRITER
Thursday, July 30th 2009, 4:00 AM

Frederick Eikerenkoetter, better known as Rev. Ike, died Tuesday at 74 in a Los Angeles hospital from complications from a stroke.

The Rev. Frederick Eikerenkoetter, known as Rev. Ike to a legion of followers here and across the nation to whom he preached the blessings of prosperity while making millions from their donations, has died. He was 74.

A family spokesman said he died Tuesday in a Los Angeles hospital, two years after he suffered astroke from which he never recovered.

Rev. Ike's ministry reached its peak in the mid-1970s, when his sermons were carried on 1,770 radio stations to an audience estimated at 2.5 million.

He also preached his philosophy of self-empowerment on television and the Internet, in books and magazines, and on audiotapes and videotapes.

From the stage of the former Loews movie theater on 175th St. in Washington Heights, which he restored and transformed into his United Church Science of Living Institute, Rev. Ike would tell thousands of parishioners "this is the do-it-yourself church. The only savior in this philosophy is God in you."

He then would exhort the believers to "close your eyes and see green ... money up to your armpits, a roomful of money, and there you are, just tossing around in it like a swimming pool."
As payback for spiritual inspiration, Rev. Ike asked for cash donations from the faithful - preferably in bills not coins. "Change makes your minister nervous in the service," he would say.
Critics called Rev. Ike a con man, saying the only point of his ministry was getting rich from the donations.

They noted that he made a show of sumptuous clothes, jewelry, posh residences and exotic cars. "My garages runneth over," he would boast.

But his supporters said Rev. Ike's love of luxury had roots both in the traditions of African-American evangelism and the philosophies of mind over matter.

Rev. Ike was born in Ridgeland, S.C., to a father who was a Baptist minister and a mother who taught elementary school. They divorced when he was 5.

At 14, he became an assistant pastor for his father's congregation. He briefly preached in Boston before coming to New York.

He leaves his wife, Eula, and son, Xavier Frederick.
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Source: http://www.nydailynews.com/news/us_world/2009/07/30/2009-07-30_luxuryloving_rev_ike_is_dead.html#ixzz0MnUV8yNA
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Bank Bonus Tab: $33 Billion

JULY 31, 2009

Nine Lenders That Got Government Aid Paid at Least $1 Million to 5,000 Employees

By SUSANNE CRAIG and DEBORAH SOLOMON



Andrew Cuomo






Nine banks that received government aid money paid out bonuses of nearly $33 billion last year -- including more than $1 million apiece to nearly 5,000 employees -- despite huge losses that plunged the U.S. into economic turmoil.

The data, released Thursday by New York Attorney General Andrew Cuomo, provide a rare window into the pay culture of Wall Street, where top employees typically make 90% or more of their compensation in year-end bonuses.

The $32.6 billion in bonuses is one-third larger than California's budget deficit. Six of the nine banks paid out more in bonuses than they received in profit. One in every 270 employees at the banks received more than $1 million.

Overall compensation and benefits at the nine banks fell 11%, to $133.5 billion in 2008 from $149.3 billion in 2007, the Cuomo report said. But with net revenues falling, the percentage of the firms' revenues dedicated to compensation rose to 45% last year from 41% in 2007.

The report reignites long-simmering anger, on Capitol Hill and beyond, over big Wall Street payouts. The nine firms in the report had combined 2008 losses of nearly $100 billion. That helped push the financial system to the brink, leading the government to inject $175 billion into the firms through its Troubled Asset Relief Program.

The chairman of the U.S. House investigative panel, New York Democrat Edolphus Towns, called the pay figures "shocking and appalling" and announced a hearing into compensation practices at banks.

The White House was more muted. "The president continues to believe that the American people don't begrudge people making money for what they do as long as...we're not basically incentivizing wild risk-taking that somebody else picks up the tab for," said White House Spokesman Robert Gibbs.

More
Read the full report from the New York Attorney General's office.
Deal Journal
What Are Your Chances of Being a Millionaire?
Bonus Breakdown From Cuomo's Report



"These pay packages are pretty outrageous," said Michael Baldock, a partner at Stamford, Conn.-based boutique bank Ondra LLP, who has worked at a number of big investment banks. "But if you generate $10 million in revenue a year, another firm will always want that revenue and be willing to pay for it."

In releasing the report now, New York Attorney General Cuomo is vaulting ahead of federal efforts to assess and curb excessive pay. The office has been among the first to investigate and bring charges on several Wall Street abuses this decade.

The House of Representatives is preparing to vote as early as this week on a bill that would give shareholders nonbinding say on pay packages and give regulators more tools to prohibit risky pay practices at banks and other regulated financial firms. The Senate isn't expected to vote on the legislation until the fall.

The Obama administration, meanwhile, is preparing to vet pay at firms receiving "exceptional assistance" from the government. Institutions have until Aug. 13 to submit proposed compensation details for the 100 highest-paid employees at each. The proposals will be reviewed by the Treasury Department's pay czar, Kenneth Feinberg.

Andrew Williams, a Treasury spokesman, said Mr. Cuomo's report "focuses on strengthening the link between pay and performance -- a goal that we share."

Mr. Cuomo said Thursday he hopes his report will prompt the financial firms themselves to significantly overhaul their pay system to reward long-term performance rather than short-term gains. His report didn't release names of individual bonus recipients because of privacy concerns.

"The banks say they pay for performance," Mr. Cuomo said of the data. "Yet in 2008 there was no performance and they still continued to pay out huge sums of money."

Wall Street has shown little sign of slowing down the pay train this year. Goldman Sachs Group Inc. and Morgan Stanley recently disclosed that they have set aside $11 billion and $6 billion in compensation and benefits respectively for their employees so far this year. Goldman's second quarter was among its best ever. Morgan Stanley lost money for its third straight quarter.

Goldman and Morgan Stanley declined to comment on the report.

Meanwhile, some big banks that received government bailouts, including Citigroup Inc. and Bank of America Corp., are offering handsome pay packages to lure stars. Citigroup -- which received about 25% of the aid going to the nine banks -- has the No. 1 pay recipient. Andrew Hall, the trader who heads Citigroup's energy-trading unit Phibro LLC, received $98.9 million in 2008, according to a government official. Citigroup CEO Vikram Pandit, by comparison, received more than $38 million last year.

An early test for Mr. Feinberg will be the pay of Mr. Hall, whose profit-sharing contract with the bank could again entitle him to as much as $100 million, say people familiar with the matter.

James Forese, Citigroup co-head of global markets, cited Phibro's "consistent track record of profitability" and said its contracts directly align compensation with performance. "That said, we are sensitive to the need for a full review of compensation practices in our industry," he said. "We are evaluating the best way forward for stakeholders."

The group of nine's No. 2 bonus for last year, according to a government official, was the $39.4 million that went to Bank of America's Thomas Montag. In 2008, Mr. Montag was sales and trading chief at Merrill Lynch, which got crushed by billions of dollars in mortgage-related losses and was sold last year to Bank of America. Mr. Montag's pay package included stock grants, which since have fallen in value.

Bank of America said bonuses for Merrill Lynch were shared among 30,000 employees and Bank of America's figures cover more than 200,000 employees.

The study found that pay at the banks remained near previous levels despite revenue declines. Merrill's net revenue fell by $23 billion in 2008, leading to a huge net loss. The firm's pay and benefits dropped by $1.1 billion, or 7%, according to the study. At Citigroup, revenue fell by $28 billion, or 34%. Pay and benefits dropped $2 billion, or 6%.

Similarly, at Goldman and J.P. Morgan Chase & Co., pay fell less sharply than revenue in 2008. Both firms have paid back the government loans they received under TARP.

J.P. Morgan declined to comment on the report.

Goldman, Morgan Stanley and Merrill, Wall Street's three largest securities firms in 2008, paid nearly $13 billion in bonuses last year, the report says. That was roughly one-third of their total pay and benefits of $38 billion, according to securities filings.

J.P. Morgan topped other banks in the number of employees receiving $1 million or more -- 1,626 out of its 224,961 employees. This figure includes bonus, salary and options; the numbers of other banks in the study includes bonuses only.

J.P. Morgan's top earner collected $29 million, more than James Dimon, the firm's chief executive, who received $19.7 million in total compensation last year.

Goldman paid the most per employee, about $160,000 each for more than 30,067 staffers. Some 212 Goldman bankers made $3 million or more. Goldman, which weathered the credit crisis better than most rivals and made $2.3 billion in 2008, also produced the most revenue per employee, $77,228.

Goldman has said that no partner got a bonus of more than $222,500 in cash. The rest was paid in deferred stock, with an extra year of service required for any of it to vest.

Morgan Stanley had 428 employees who received bonuses of $1 million or more. In addition, 10 people received bonuses of $10 million or more, for a combined $146.8 million.

Wells Fargo & Co., Bank of New York Mellon Corp. and State Street Corp. round out the nine banks. Each declined to comment.

—Aaron Lucchetti, Daniel Fitzpatrick and Robin Sidel contributed to this article.
Write to Susanne Craig at susanne.craig@wsj.com and Deborah Solomon at deborah.solomon@wsj.com

Printed in The Wall Street Journal, page A1





Source: http://online.wsj.com/article/SB124896891815094085.html

78

P.S. What do people expect?

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The whole Bail-Out concept is a fraud and a travesty of law.

Who lends the Treasury the BILLIONS, so they can in turn lend it to the Banks?

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It's the Federal Reserve, right?

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Well, who is the Federal Reserve? A conglomerate of Banks. Some of which are the same banks to whom the billions of Bail-Out Dollars went to.

Such as JP Morgan Chase, CitiCorp, etc.

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It's like the snake swallowing its tail. It's a win-win propositon.

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Except, that in this case the taxpayers are left holding the bag, in debt with astronomical figures for ages to come.

No Bail-Out's for them, no BILLIONS, just bills for ever!

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Meanwhile, the Banks "laugh all the way to the bank".

What a sham! What a scam!

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Yet, they say: Make mine Bud-Light!

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YEAH, VERY LIGHT, INDEED.

I'M BEGINNING TO SEE, THE LIGHT!

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Bombing Kills 2 Police Officers On Spanish Island

Jaime Reina/Agence France-Presse — Getty Images
A civil guard on duty in front of a police installation where a bomb exploded on Thursday, killing two, on the Spanish island of Majorca.

By VICTORIA BURNETT
Published: July 30, 2009

MADRID — A bomb that killed two police officers on the Spanish resort island of Majorca on Thursday, just days before the king and queen were to arrive, appeared to be the second attack in two days by the violent Basque separatist group ETA.

All ports of entry were closed temporarily while the police hunted for suspects, throwing the island’s busy airport into chaos at the height of the tourist season. The police cleared streets around the site of the bombing, and nearby beaches, normally crowded, were deserted.

The bomb exploded about 2 p.m., just as the officers were getting into a car outside a police building in the coastal town of Palma Nova, about nine miles from the main city of Palma. The victims, Diego Salva Lezaun, 27, and Carlos Saénz de Tejada García, 28, were members of the civil guard, a rural police force.

An amateur video broadcast by Sky News showed bright flames leaping from the charred wreck of the car. El Pais newspaper reported that body parts and a car seat had been hurled into a tree.

Ramón Sacias, the central government’s representative in the island chain, blamed ETA for the explosion. “ETA are a bunch of heartless murderers who are increasingly desperate, and that desperation makes them more dangerous,” he said in an interview with Spanish radio station Cadena Ser.

ETA, which is considered a terrorist group by the State Department and the European Union, marks its 50th anniversary on Friday. It has killed more than 825 people in its violent campaign for an independent Basque homeland.

Majorca, an island of picturesque coves and surrounded by sparkling sea, is the largest of the four Balearic Islands and one of Spain’s most popular holiday destinations, drawing more than 9 million tourists a year. The bombing could be another blow to an economy already suffering from the slow-down in tourism due to the economic crisis.

King Juan Carlos and Queen Sofia were scheduled to arrive Saturday for their annual visit, and several other members of the royal family were already there. A spokesman said there were no plans to cancel the visit.

The authorities also blame ETA for another bomb attack on the civil guard only 36 hours earlier. That explosion, outside a police barracks in the northern Spanish city of Burgos, lightly injured nearly 60 people, including six children.

The group often calls in a warning to emergency services before detonating bombs, but did not do so in either of the attacks this week.

ETA has come under pressure over the past year from Spanish and French police, who have arrested several of its political and military leaders. Analysts say the so-called nationalist left, which includes members of ETA and hard line political supporters, is also divided between those who want to continue the armed struggle and those who want to join mainstream politics.

Some analysts suggested that the attacks were meant to send a message that ETA remained capable of deadly operations. Teo Santos, who for decades worked in the Basque police and is now a security analyst, said the Majorca attack may have been intended to emphasize ETA’s logistical capacity.

“There have been many media reports saying that ETA is doing badly,” he said by telephone. “There are divisions within ETA and the nationalist left.”

“Whenever that kind of debate occurs, ETA raises the level of violence,” he said by telephone.

Prime Minister José Luis Rodríguez Zapatero told journalists in a televised news conference late Thursday the attackers would be caught.

“They have no possibility of hiding,” he said. “They cannot escape, they cannot elude the hands of justice.”

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Source: http://www.nytimes.com/2009/07/31/world/europe/31spain.html?hp

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A golden cup, made all the earth drunken

Babylon hath been a golden cup in the LORD's hand, that made all the earth drunken: the nations have drunken of her wine; therefore the nations are mad...................Jeremiah 51:7

Gates and Crowley? Deja vu, or what?

Prof. H. L. Gates

Secretary of Defense, Robert Gates

Sgt. James Crowley

'Billionaire'Bill Gates

Alesteir Crowley

Crowley and Gates?

Is it Deja Vu? Wag the Dog? Or, a Dog and Pony Show?

Are these names more common than we can remember?

Or, are there deeper connotations to these two names?
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Professor H. L. Gates?

And I say also unto thee, That thou art Peter, and upon this rock I will build my church; and the gates of hell shall not prevail against it......Matthew 16:18


Aleister Crowley?

33° Mason, Aleister Crowley would definitely get some votes in the "most wicked man who ever lived contest" and is the clear cut favorite for the title of "The Father of Modern Satanism". Crowley's wicked life and his intimate association with Freemasonry are both well known. Crowley himself was terribly decadent. A happily heroin-addicted, bisexual Satan worshiper, he asked people to call him "The Beast 666." Crowley believed that he was literally the antimessiah of the apocalypse.
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http://www.jesus-is-savior.com/False%20Religions/Wicca%20&%20Witchcraft/aleister_crowley.htm


You can't judge a book by its cover;
Or, a story by its names, but, this one makes me wonder...

Are there any coincidences here? With the names, I mean?

Meanwhile, back at the White House, President Obama, Gates and Crowley will imbibe a brew.

A brew?
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Are we being subliminally conditioned with these names and a brew? Something is brewing.
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Obama: Bud Light
Gates: Red Stripe
Crowley: Blue Moon

as stated in:
http://thepour.blogs.nytimes.com/2009/07/30/a-cold-one-at-the-white-house/?hp
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Or, is it the wine of Babylon that's being served ?

Arsenio.

P.S. Sgt. James Crowley? "Jim Crowley"

Wow!

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Babylon of Revelation 18

"And after these things I saw another angel come down from heaven, having great power; and the earth was lightened with his glory. And he cried mightily with a strong voice, saying, Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird. For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies. And I heard another voice from heaven, saying, Come out of her, my people, that ye be not partakers of her sins, and that ye receive not of her plagues. For her sins have reached unto heaven, and God hath remembered her iniquities. Reward her even as she rewarded you, and double unto her double according to her works: in the cup which she hath filled fill to her double. How much she hath glorified herself, and lived deliciously, so much torment and sorrow give her: for she saith in her heart, I sit a queen, and am no widow, and shall see no sorrow. Therefore shall her plagues come in one day, death, and mourning, and famine; and she shall be utterly burned with fire; for strong is the Lord God who judgeth her" (Rev. 18:1-8).

The whole chapter shows that Babylon that has fallen is the churches who will not receive the messages of warning the Lord has given in the first, second, and third angels' messages. They refused the truth and accepted a lie. They refused the messages of truth. See 2 Thessalonians 2:1-12. The message in the eighteenth chapter of Revelation is plain and clearly defined. "For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies" (verse 3). Anyone who reads this chapter need not be deceived.

How Satan would exult to have a message go broadcast that the only people whom God has made the repositories of His law are the ones to whom this message applies. The wine of Babylon is the exalting of the false and spurious sabbath above the Sabbath which the Lord Jehovah hath blessed and sanctified for the use of man, also [it is] the immortality of the soul. These kindred heresies, and the rejection of the truth, convert the church into Babylon. Kings, merchants, rulers, and religious teachers are all in corrupt harmony.

Selected Messages Book II, E. G. W., pp.67-68.

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If the salt have lost his savour?

Ye are the salt of the earth: but if the salt have lost his savour, wherewith shall it be salted? it is thenceforth good for nothing, but to be cast out, and to be trodden under foot of men.......Matthew 5:13

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