Posted: 24 Apr 2016 Michael Snyder THE ECONOMIC COLLAPSE BLOG
If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting? The truth, of course, is that the U.S. economy is in far worse condition than we are being told.
Last week, I discussed the fact that the Federal Reserve has found that 47 percent of all Americans would not be able to come up with $400 for an unexpected visit to the emergency room without borrowing it or selling something. But Barack Obama and his minions never bring up that number. Nor do they ever bring up the fact that 20 percent of all families in America are completely unemployed. The following comes directly from the Bureau of Labor Statistics… In 2015, the share of families with an employed member was 80.3 percent, up by 0.2 percentage point from 2014. The likelihood of having an employed family member rose in 2015 for Black families (from 76.4 percent to 77.7 percent) and for Hispanic families (from 85.9 percent to 86.4 percent). The likelihood for White and Asian families showed little or no change (80.1 percent and 88.6 percent, respectively).For purposes of this study, families “are classified either as married-couple families or as families maintained by women or men without spouses present” and they include households without children as well as children under the age of 18. Digging into the numbers, we find that there were a total of 81,410,000 families in America during the 2015 calendar year. Of that total, 16,060,000 families did not have a single member employed. So that means that in 19.7 percent of all families in the United States, nobody has a job. And of course there are lots more families that are “partially employed”. In other words, maybe the wife has a job but the husband does not. So based on these numbers, it would appear to me that the true rate of unemployment in this country is vastly higher than 5 percent, and John Williams of shadowstats.com agrees with me. According to his calculations, the broadest measure of unemployment in the U.S. would actually be sitting at 22.9 percent if honest numbers were being used. But let’s not just focus on where we are. Let’s take a look at where we are going. According to Challenger, Gray & Christmas, job cut announcements by big companies in the United States were up 32 percent during the first quarter of 2016 compared to the first quarter of 2015, and it appears that the job losses are going to continue to mount as we roll into the second quarter. For instance, late last week Intel announced that it is going to be laying off 12,000 workers… As it navigates its path into the future, Intel, the 47-year-old corporation best known for making microprocessor chips that power personal computers, has announced significant changes to its business.Those are good middle class jobs, and they are exactly the kind of jobs that we cannot afford to be losing. Meanwhile, the “retail apocalypse” appears to be accelerating once again. Bloomberg is reporting that teen clothing chain Aeropostale is preparing to file for bankruptcy. Aeropostale currently operates more than 800 stores across the nation, and it is unclear if any of them will be able to stay open as this process plays out. But of course it isn’t just Aeropostale that has gone bankrupt lately. Here are a few more examples of major retailers that have recently filed for bankruptcy… April 16, 2016: Vestis Retail Group, the operator of sporting goods retailers Eastern Mountain Sports (camping, hiking, skiing, adventure sports), Bob’s Stores (family clothing and shoes), and Sport Chalet (general sporting goods), filed for Chapter 11 bankruptcy. It will close all 56 stores and stop online sales.Just because the stock market has been doing well in recent weeks does not mean that the crisis has passed. In fact, many experts believe that the crisis of 2016 is just getting started. Albert Edwards of Societe Generale is one of them… But what I do know is when in the last few weeks I have heard that Janet Yellen sees no bubble in the US, when Ben Bernanke hones and restates his helicopter money speech, and when Mario Draghi says that the ECB’s policy of printing money and negative interest rates was working, I feel utterly depressed (I could also quote similar nonsense from Japan, the UK and China). I have not one scintilla of doubt that these central bankers will destroy the enfeebled world economy with their clumsy interventions and that political chaos will be the ugly result. The only people who will benefit are not investors, but anarchists who will embrace with delight the resulting chaos these policies will bring!All over the world, the underlying economic fundamentals continue to deteriorate. Here in the U.S., retail sales have been extremely disappointing, total business sales have been steadily falling, corporate revenues and corporate profits continue to plunge, and corporate debt defaults have soared to their highest level since the last financial crisis. All of these numbers are screaming that a major economic downturn is here, and with each passing week things look even more ominous for the second half of 2016. *About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.* |
Monday, April 25, 2016
In 1 Out Of Every 5 American Families, Nobody Has A Job - Michael Snyder THE ECONOMIC COLLAPSE BLOG
Leading Israeli Rabbis: Time for Messiah to Come - Israel Today Staff
Leading Israeli Rabbis: Time for Messiah to Come
Monday, April 25, 2016 | Israel Today Staff
Just a day before the start of Passover last week, two of Israel’s most prominent rabbis got together to discuss the delayed coming of the Messiah.
Rabbi Moishe Sternbuch is head of the Rabbinical Court and a leader of one of Israel’s largest and most influential ultra-Orthodox communities.
Rabbi Chaim Kanievsky is considered a leading authority in ultra-Orthodox Jewish society.
The Orthodox news portal Kikar Hashabbat recorded their conversation:
Sternbuch: This is a difficult generation. Not a day goes by without someone cursing his friend. You deal with one situation, and immediately someone starts something else.
During the campaign on behalf of the Bnei Israel from India I worked with your father, and then we spoke of an abundance of Jews (to bring to Israel). But today they want to bring to the Land those who hold to the Christian faith, the so-called “Jewish Christians.”
Kanievsky: Foreshadowing of the Messiah.
Sternbuch: Rabbi Chaim of Volozhin interpreted what is said at the end of the Mishnah in Sotah (‘We will have no one upon whom to rely other than our Father in Heaven’ - Sotah 9:15) as a curse in and of itself, that in the generation of the foreshadowing of Messiah those who fear God will become tired and give up the fight against sinners. …We need to bring Messiah.
Kanievsky: The seventh (period of blessing) is not yet finished. ‘At the conclusion of the seventh the son of David will come.’ (Babylonian Talmud - Megilah 17:22)
Sternbuch: ‘The harvest is past, the summer has ended, and we are not saved.’ (Jeremiah 8:20)
Kanievsky: According to the signs recorded in the Gemara (rabbinic commentary on the Mishnah), the Messiah should already have come.
Sternbuch (reading from the Gemara): ‘The generation during which the Son of David comes will accuse the scholars.’ Rambam wrote that before the coming of Messiah, Christians and Ishmaelites would come to the Land of Israel.
Kanievsky: When Messiah comes everyone will repent, and those who were ‘barren trees’ will bear fruit and become scholars.
Sternbuch: It would seem that we are now in the ‘Generation of Messiah,’ and God willing will meet again at the coming of Messiah, may He come quickly. Then we will see the fulfillment of the verse, ‘When the LORD restored the fortunes of Zion, we were like those who dreamed.’ (Psalm126:1) It will seem like the world in which we lived until the coming of Messiah was but a dream.
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Sunday, April 24, 2016
Bill Yount: "Oh, America...Don't Sell Your Birthright!" - The Elijah List
Bill Yount: "Oh, America...Don't Sell Your Birthright!"
The Elijah List
Apr 24, 2016
From the desk of Steve Shultz:
Bill Yount gave this word back in 2008 and just recently released it again. From time to time we will repost something that has great impact for the times we are in...this is one such word!
Revival is breaking out, we are in an election year, much negativity is being spoken in the airwaves as well during this time. It's important in times like these to pray for our leaders, speaking words of life over them and our nation.
Bill Yount shares here:
I sense during this time that the words that we speak, especially concerning our nation, will carry tremendous power in how the Lord responds to us. I sense it is as though our words will be amplified in the spirit realm during this time.
Be encouraged in your prayer declarations during this season!
By the way friends...our "What is God Saying for 2016?" Elijah List conference set is one of our TOP SELLERS right now! And YOU CAN ORDER THE CDs, DVDs OR MP3 DOWNLOAD just below!
This truly, truly, truly was the best conference yet and I've NEVER EVER heard so many positive words coming forth from God's prophets. Our speakers were: Chuck Pierce, Jane Hamon, Dutch Sheets, and Dr. Alveda King (niece to Martin Luther King, Jr).
Here is the link to purchase this TOP SELLER in DVD, CD, or MP3 audio formats:
Enjoy! And thanks for forwarding this to your friends! They cansubscribe just below...
Steve Shultz, Founder and Publisher
The Elijah List & Breaking Christian News
http://www.elijahlist.com
Steve Shultz, Founder and Publisher
The Elijah List & Breaking Christian News
http://www.elijahlist.com
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"Oh, America...Don't Sell Your Birthright!"
Bill Yount, Hagerstown, MD
I gave this word below in 2008, but I believe it is a now word for this critical time. It shook me as I recently read it and released it again. "Forty days" as I speak below is used throughout God's Word representing a time of extreme urgency in calling on God for supernatural intervention. Jesus fasted 40 days in the wilderness, was being tempted by the devil, and came out filled with Heaven's power to change the world. In this season of 2016, I sense our fasting of the tongue can become a rudder that can turn our nation back to God as we speak life and pray for our leadership, whoever they may be.
I saw a violent wrestling in the heavenlies as a window of opportunity was opening up momentarily for a space of time for our nation to be redeemed by the Blood of the Lamb! I heard a strong voice of an angel proclaiming and piercing through the powers of darkness over America..."Oh, America...don't sell your birthright!"
For the Healing of Our Nation, Watch Your Mouth for the Next 40 Days. Fast From All Negative Thinking, Critical Words, and the Pointing of the Finger.
Post a guard at my mouth, God, set a watch at the door of my lips. Psalm 141:3 MSG
I sense we have entered a critical space of time during the next 40 days as we repent and draw closer to the Lord. I sense during this time that the words that we speak, especially concerning our nation, will carry tremendous power in how the Lord responds to us. I sense it is as though our words will be amplified in the spirit realm during this time.
God will be listening, but so will the enemy! Much of the battle and breakthroughs will be won by the words that we speak! Remember that the power of life and death is in our tongue! I sense the Lord saying, "Oh, America...decree your birthright!" (Photo via Pixabay)
Israel's Mouth Kept Them Out of Their Inheritance...They Murmured and Complained About the Leadership of Their Nation!
Murmuring and complaining against their leader, Moses, became full-blown and rooted in unbelief, keeping the Israelites from entering into their promised land. I sense we need to be reminded, especially during these next 40 days, to be careful what we speak concerning the leadership of our nation, churches, and yes, the husbands and fathers of our families. Perhaps, if you are a Republican, it may be wise to pray more for the Democratic leaders, and vice versa.
If you are a leader, remember that Moses also was kept out of his inheritance by getting angry with the people and striking the rock instead of speaking to it. We as leaders must be careful to speak encouragement and not provoke those under us to wrath.
If Our Mouth Can Keep Us Out of Our Inheritance – Our Mouth Can Take Us In!
It is interesting that even with all of the sin, the giants, and the evil in the land of Canaan, that God still called it a "good land...flowing with milk and honey." Even when the evil report came about how big the giants were, Joshua and Caleb responded, "If the giants are that big, imagine how big the fruit of that land is!" Two men could only carry out one cluster of grapes on a pole.
I had fainted, unless I had believed to see the goodness of the LORD in the land of the living. Psalm 27:13 KJV
I believe the Lord will open our eyes and ears as we close our mouths more during these next 40 days. He will show us great and mighty things that we just never saw or heard before. We will begin to see the good of our land – the fruit – instead of the giants and evil. We will then begin to pray and say what He says about our nation! I believe we will even begin speaking blessing to the ground beneath our feet!
Speak to Your Mountains, Sing to Your Valleys, and Bless Your Ocean Shorelines..."This Land Was Made for You and Me!"
I heard the Rocky Mountains, the Grand Canyon, and the oceanfront properties crying out to Heaven, "Don't let go of me!" I heard the earth herself groaning; "from California to the New York island, and from the redwood forest to the Gulf Stream waters" she was travailing, as though crying out for the manifestation of the sons of God to come forth in power and might! (Photo via Pixabay)
A Verbal Blessing is so Powerful in Reversing the Curse of the Land!
Remember the old saying, "If you can't say something nice, don't say anything at all!" As I saw our words blessing the land of our nation, much of the land was beginning to come under the anointing and ownership of God's people as though it was responding to our love and kindness to it.
This time period is the perfect time to speak forth God's Word and call those things in this nation that are not as though they were!
"Oh, America...don't sell your birthright – decree it!"
Bill Yount has been a member of Bridge of Life in Hagerstown, Maryland, for the past 36 years where he is now an elder and a home missionary. He is currently an advisor at large for Aglow International. Bill faithfully served in prison ministry at Mount Hope for 23 years and now travels full-time, both in the U.S. and internationally, ministering in churches and Aglow circles. "Humility and humor" characterize his ministry as he brings forth a fresh word that is "in season," proclaiming the Word of the Lord! The shofar (or ram's horn) is often used in his meetings, breaking the powers of darkness over regions, churches, and households. The shofar represents God's breath blowing into the nostrils of His people, reviving them and awakening the lost. Many of God's messages, which Bill ministers prophetically, come out of his everyday life with his family and friends.
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Global Wave of Earthquakes a Prelude to Redemption? By Adam Eliyahu Berkowitz - BREAKING ISRAEL NEWS
Global Wave of Earthquakes a Prelude to Redemption?
An end of days scenario has suddenly appeared in Japan and Ecuador as seven major earthquakes hit both coasts of the Pacific in 96 hours. Many seismologists are convinced this is only the beginning of a global phenomenon, but rabbis and people of faith recognize this as part of the Messianic process.“Who looketh on the earth, and it trembleth; He toucheth the mountains, and they smoke.” Psalms 104:32 (The Israel Bible™)
Over 500 people were killed on Saturday when a 7.8-magnitude earthquake hit Ecuador. 1,700 people are still missing, over 4,000 are injured, and thousands more are wandering homeless. A 7.3-magnitude quake hit Japan’s southern island last Thursday, while over 600 smaller tremors continued to shake the survivors. The death toll in Japan stands at 47 killed, more than 1,000 injured, 8 missing, and over 100,000 left homeless.
Other less-deadly earthquakes were felt around the world. Many scientists are convinced this recent epidemic earthquakes is just a prelude to increased seismic activity around the globe in unprecedented magnitudes. University of Colorado seismologist Roger Bilham told the Express, “The current conditions might trigger at least four earthquakes greater than 8.0 in magnitude. And if they delay, the strain accumulated during the centuries provokes more catastrophic mega-earthquakes.”
Experts from India’s Ministry of Home Affairs warned in January that yet another major quake, equal or larger than the last disaster, can be expected in the region.
Seismologists at Tokyo University estimate there is a 98 percent chance that in the next 30 years Japan will be hit by another major earthquake of catastrophic proportions. 2011’s 9.0-magnitude quake killed over 20,000 people, but its destructive effects didn’t end at mere earth-shifting. Japan’s Fukushima power plant was designed to withstand earthquakes, but a meltdown occurred when the ensuing tsunami washed away generators powering the emergency cooling, leaking large amounts of radioactive material into the atmosphere.
This apocalyptic scenario could easily be repeated with devastating results in many developed countries, including the US. Nuclear power plants in California, New York, Washington State, and Arkansas are situated near major fault lines. Other plants in Maine, Pennsylvania, and Virginia have raised concern of their earthquake survivability with the Nuclear Regulatory Commission but were deemed within acceptable standards.
Especially at risk is the Diablo Canyon Nuclear Power Plant in California, which is situated directly on the ocean, making it very vulnerable to tsunamis. It sits in an earthquake red zone, in close vicinity to four active fault lines, one lying only 2,000 feet away from the plant’s two nuclear reactors. S. David Freeman, a former general manager of the Sacramento Municipal Utility District, called the nuclear plant “a disaster waiting to happen.”
In fact, tsunamis are far more devastating than the earthquakes that trigger them. In 2004, the Band Aceh earthquake, barely felt on land, created a tsunami in the Indian Ocean that killed about 250,000 people in Sumatra and Indonesia.
A recent study by seismologists at the University of California suggests that Southern California is at greater risk of tsunamis than previously thought. A 7.0-magnitude earthquake in the Ventura Basin Fault could generate a tsunami that would penetrate up to two kilometers inland in less than half an hour, devastating a heavily populated area.
“This is a severe, but plausible, scenario,” study lead author Kenny Ryan told Live Science.
Rabbi Yitzchak Batzri, a noted Kabbalist from Jerusalem, spoke to Breaking Israel News about how the wave of earthquakes fits into the Messianic process. There is no doubt that the earthquakes have a divine origin, he said.
“The potential of earthquakes is in the world from the first days of creation, but the power that brings it into existence is God’s will,” Rabbi Batzri said.
That will is triggered by human action, he continued. “Our actions, in relation to God, affect his decision to enact the forces of nature, especially in things having to do with our rejecting sanctity.”
“King David wrote, ‘Who looketh on the earth, and it trembleth; He toucheth the mountains, and they smoke’ (Psalm 104:32) to describe what will happen in the End of Days before the final redemption. There will be an earthquake in Israel, but it will be beneficial, opening up the Temple Mount, bringing forth living waters, purifying the city to receive the Messiah.”
The rabbi’s understanding of the prophecy supported by the opinions of many scientists. Israel sits on the Syria-African rift, which runs along the Dead sea Valley. It passes through the area thought to be the sites of Sodom and Gomorrah, and the city of Jericho, which still stands today. The Biblical accounts of the destruction of the twin cities of evil, and the later account of the falling walls of Jericho, could very well be interpreted as divinely powered geologic catastrophes.
Such events are not uncommon in the region. Dr. Shmuel Marco, who has spent many years studying the timeline of earthquakes in the region, told the Jerusalem Post that a major earthquake could be expected in the near future. Major earthquakes were recorded in the Jordan Valley in the years 31 BCE, 363 CE, 749 CE and 1033 CE.
“So roughly,” said Marco, “we are talking about an interval of every 400 years. If we follow the patterns of nature, a major quake should be expected any time because almost a whole millennium has passed since the last strong earthquake.”
The rash of earthquakes has brought about one of those rare scenarios in which scientific theory and prophetic vision agree: earthquakes threaten our future. Man would be wise to prepare, spiritually and physically, for what lies ahead.
STEWARDSHIP by Morris E. Ruddick (SIGN)
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