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   October 15, 2008

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      Liquidate the Empire

 

   

"Liquidate labor, liquidate stocks, liquidate the farmers."  So Treasury Secretary Andrew Mellon advised Herbert Hoover in the Great Crash of '29. Hoover did. And the nation liquidated him -- and the Republicans. In the Crash of 2008, 40 percent of stock value has vanished, almost $9 trillion. Some $5 trillion in real estate value has disappeared. A recession looms with sweeping layoffs, unemployment compensation surging, and social welfare benefits soaring. America's first trillion-dollar deficit is at hand. In Fiscal Year 2008 the deficit was $438 billion. With tax revenue sinking, we will add to this year's deficit the $200 to $300 billion needed to wipe the rotten paper off the books of Fannie and Freddie, the $700 billion (plus the $100 billion in add-ons and pork) for the Wall Street bailout, the $85 billion to bail out AIG, and $37 billion more now needed, the $25 billion for GM, Chrysler and Ford, and the hundreds of billions Hank Paulson will need to buy corporate paper and bail out banks to stop the panic. As Americans save nothing, where are the feds going to get the money? Is the Fed going to print it and destroy the dollar and credit rating of the United States? Because the nations whose vaults are full of dollars and U.S. debt -- China, Japan, Saudi Arabia, the Gulf Arabs -- are reluctant to lend us more. Read On

 
         
   

 

 
   

Dangerous for Israel Barack Obama is the most dangerous candidate for the State of Israel since its creation in 1948. He is not, as Professor Alan Dershowitz recently put it, a "true friend of Israel" any more than Jimmy Carter was. He is certainly not "much better for Israel" than John McCain, as potty-mouthed comic dunce Sarah Silverman put it. Any American Jew who votes for Obama ought to be ashamed of him or herself. He is not in line with a single authentic Jewish principle. (Authentic Judaism, by the way, believes the veracity of the Torah, Oral Torah and Talmud, not bagels, lox, Woody Allen and a copy of the Sunday New York Times.) On abortion, Obama is radically pro-choice. He is radically pro-gay rights, celebrating court-ordered gay marriage in states like California. Authentic Judaism is against abortion unless the mother's life is in danger, and against homosexual activity altogether. And then there's Israel. Professor Dershowitz believes that American Jews should not vote based on "which party or which candidates support Israel more enthusiastically. They should vote based on more general considerations about what is best for America, the world and the values that they hold dear." I largely agree. Read On

 
         
         
   
ALERT Have you ever noticed when the economy is challenged, those with an addiction for pornography and/or the sex addicts just go crazy and get more needy than usual?  If stats for the Promise Keepers suggest over 70 % of their membership during a questionnaire were related to pornography, the nonChristian ranks are running the full gametes of pornograhy. We do have redflaggs, however. When family paychecks aren't reaching every regular bill because Dad has either been online with pornography, because Dad has had at least one visit a week to a topless bar, because Dad keeps a prostitute, because Dad has a girlfriend, because Dad is out clubbing at lunch, or because Dad is gambling; the rest of the family should take control over all income for family preservation. These Dads should be assigned a male partner from church, or from the "Y" to check on them at various hours - remember their mobile phone keeps a ping record of every location. You say this is extreme, while I reply - those with an addiction for pornography have little hope in healing because they have brain damage according to a specialist - Mark Kastleman. Overwhelming stories are surfacing with our worst fears about sex addicts: "A 13-month-girl, biting on a pink plastic pacifier, sat in her uncle’s lap in a Houston courtroom Thursday and watched as a jury recommended a 50-year sentence for the man with an addiction for pornography who raped her when she was 6 weeks old.” Houston Chronicle February 5, 2005. Or,  A Cincinnati woman is in the County Jail, accused of not reporting the rape of her 7-week-old baby. Shannon Sorah, 27, is being held on $40,000 bond for two counts of child endangering. Prosecutors said Sorah witnessed what was happening and did nothing about it. Last week, her husband, Joseph, was arrested and charged with rape." Cincinnati Inquirer. I say, all healthy males must expose any male who has an addiction for pornography and his related activities, because sex predators attack their victims, on average, 113 times before they are arrested the first time. Reported by Karen Kristopher
 
         
       

'I can’t even imagine the fear and the concern that’s out there today, because these big powerful politicians wanted to spend our money with no limit.' On today's Focus on the Family Action radio broadcast, Dr. James Dobson discusses the current economic picture and reminds worried listeners God is still in control. Dr. Dobson re-airs portions of his 1992 interview with financial expert Larry Burkett, who has gone on to be with the Lord. "(Larry Burkett) warned us that the United States government was spending our money wildly and irresponsibly, which eventually would lead to an economic meltdown," Dr. Dobson says on the broadcast. "He didn’t know the time of it. He said he wasn’t a prophet and didn’t want to act like one, but that you could see it coming. I think he thought it would come quicker than this, but it has arrived." Dr. Dobson goes on to say he's most concerned about the average American. "I do admit to being irritated today because of the number of people that are getting hurt," he says. "I’m not talking about big shots with a lot of money. I’m talking about the people who really struggle. "I’m thinking of the people in nursing homes today, who don’t know if they’re going be able to pay for the cost of being there. … I think of the people who may be losing their houses. I can’t even imagine the fear and the concern that’s out there today, because these big powerful politicians wanted to spend our money with no limit."  Burkett encouraged listeners to avoid pessimism. "There’s no better time to start a business than when everybody else is going out of business," he said. "And there’s no better time to share Christ than when your neighbor’s out of work. So, don’t lose the opportunity because of the pessimism. "And I would encourage God’s people to remember what God said: 'Sacrifice unto your Lord and pay your vows unto the Most High. Then you call upon Me in your time of trouble, for I will come and rescue you, because it will give Me honor' (Psalm 50:14-15). And we can never forget that." Reported by Jennifer Mesko  with Focus on the Family.


 

 
http://www.vanceholmes.com/court/trial_miscellany.html Remember the name Mark Foley? Of course, who wouldn't! The media had a frenzy before the 2006 mid-term elections and they forced the conversation to be about the Republicans and their morally corrupt party. Foley was run out of Washington and quickly replaced with a much more 'moral' Democrat. That Democrat is named Tim Mahoney. Mahoney had started his affair while campaigning against Foley with the message of 'a safer, more moral' world. Perhaps he was referring to some different world that he and his mistress are not a part of. Read Glenn's commentary on this.
 
 

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http://www.latinopundit.com/personal/2008/02/ This year alone, there have been at least 250 attempts by states to create or expand gambling. And on Nov. 4, six states — Arkansas, Colorado, Maine, Maryland, Missouri and Ohio — will vote on gambling expansion. While the $91 billion-a-year gambling industry is pouring money into the ballot initiatives, grassroots groups are trying to fight back. “Citizens cannot take a backseat this year," said Chad Hills, analyst for gambling research and policy at Focus on the Family Action. "Any of these measures could go either way. And it’s going to be very close.” Reported by Focus on the Family.

 
 

Kroger has affirmed its earnings guidance for the year and expects a key sales measure to rise.  The Kroger logo nation's largest traditional grocery chain says that identical supermarket sales, a key retail indicator, were trending above 5 percent, not including fuel sales, for the current quarter. Kroger, hosting an analysts' conference, confirmed its earlier fiscal 2008 earning guidance of $1.85 to $1.90 per share, excluding the effects of Hurricane Ike in September. Analysts surveyed by Thomson Reuters are expecting $1.92. For the year, Kroger expects identical supermarket sales growth of 4.5 to 5.5 percent.  Reported by Karen Kristopher

 
 

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