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Thursday, January 28, 2016
Magnificent Jerusalem in Snow ✡ "For the Lord Has Chosen Zion"
TRUNEWS - Austrian Economics expert Michael Pento with Rick Wiles (radio interview)
TRUNEWS 01/26/16 Michael Pento
Rick Wiles greets Austrian Economics expert, and the President of Pento Portfolio Strategies, Michael Pento, to discuss the imploding bond market, and the prospects of oil and gold in a growingly volatile global economy. Rick will also discuss the latest in the European migration crisis, and share wisdom from the third chapter of the Book of Ecclesiastes.
About Edward Szall
Edward is a US Army veteran who turned to Christ in 2012 & has a fire for bringing truth to the world of online and broadcast media. If you have any tips please email him at Edward.Szall@trunews.com / How beautiful on the mountains are the feet of those who bring good news, who proclaim peace, who bring good tidings, who proclaim salvation, who say to Zion, “Your God reigns!” - Isaiah 52:7The Federal Reserve Just Made Another Huge Mistake - Michael Snyder THE ECONOMIC COLLAPSE
Posted: 27 Jan 2016 Michael Snyder THE ECONOMIC COLLAPSE
The only way that it would have been possible to keep stock prices at those wildly artificial levels would have been to keep interest rates ultra-low and to keep recklessly creating lots of new money. But now the Federal Reserve has ended quantitative easing and has embarked on a program of very slowly raising interest rates. This is going to have very severe consequences for the markets, but Janet Yellen doesn’t seem to care.
There is a reason why the financial world hangs on every single word that is issued by the Fed. That is because the massively inflated stock prices that we see today were a creation of the Fed and are completely dependent on the Fed for their continued existence.
Right now, stock prices are still 30 to 40 percent above what the economic fundamentals say that they should be based on historical averages. And if we are now plunging into a very deep recession as I contend, stock prices should probably fall by a total of more than 50 percent from where they are now.
The only way that stock prices could have ever gotten this disconnected from economic reality is with the help of the Federal Reserve. And since the U.S. dollar is the primary reserve currency of the entire planet, the actions of the Fed over the past few years have created stock market bubbles all over the globe.
But the only way to keep the party going is to keep the hot money flowing. Unfortunately for investors, Janet Yellen and her friends at the Fed have chosen to go the other direction. Not only has quantitative easing ended, but the Fed has also decided to slowly raise interest rates. The Fed left rates unchanged on Wednesday, but we were told that we are probably still on schedule for another rate hike in March.
So how did the markets respond to the Fed?
Well, after attempting to go green for much of the day, the Dow started plunging very rapidly and ended up down 222 points.
The markets understand the reality of what they are now facing. They know that stock prices are artificially high and that if the Fed keeps tightening that it is inevitable that they will fall back to earth.
In a true free market system, stock prices would be far, far lower than they are right now. Everyone knows this – including Jim Cramer. Just check out what he told CNBC viewers earlier today…
Jim Cramer was tempted to resurface his “they know nothing” rant after hearing the Fed speak on Wednesday. He was hoping that a few boxes on his market bottom checklist might be checked off, but it seems that the bear market has not yet run its course.Without artificial help from the Fed, stocks will most definitely continue to sink into oblivion.
“The Fed’s wishy-washy statement on interest rates today left stocks sinking back into oblivion after a nice rally yesterday,” the “Mad Money” host said.
That is because these current stock prices are not based on anything real.
And so as this new financial crisis continues to unfold, the magnitude of the crash is going to be much worse than it otherwise would have been.
It has often been said that the higher you go the farther you have to fall. Because the Federal Reserve has pumped up stock prices to ridiculously high levels, that just means that the pain on the way down is going to be that much worse.
It is also important to remember that stocks tend to fall much more rapidly than they rise. And when we see a giant crash in the financial markets, that creates a tremendous amount of fear and panic. The last time there was great fear and panic for an extended period of time was during the crisis of 2008 and 2009, and this created a tremendous credit crunch.
During a credit crunch, financial institutions because very hesitant to lend to one another or to anyone else. And since our economy is extremely dependent on the flow of credit, economic activity slows down dramatically.
As this current financial crisis escalates, you are going to notice certain things begin to happen. If you own a business or you work at a business, you may start to notice that fewer people are coming in, and those people that do come in are going have less money to spend.
As economic activity slows, employers will be forced to lay off workers, and many businesses will shut down completely.
And since 63 percent of all Americans are living paycheck to paycheck, many will suddenly find themselves unable to meet their monthly expenses. Foreclosures will skyrocket, and large numbers of people will go from living a comfortable middle class lifestyle to being essentially out on the street very, very rapidly.
At this point, many experts believe that the economic outlook for the coming months is quite grim. For example, just consider what Marc Faber is saying…
It won’t come as a surprise to market watchers that “Dr. Doom” Marc Faber isn’t getting any more cheerful.If the Federal Reserve had left interest rates at more reasonable levels and had never done any quantitative easing, we would have been forced to address our fundamental economic problems more honestly and stock prices would be far, far lower today.
But the noted bear at least found a sense of humor on Wednesday into which he could channel his bleakness.
The publisher of the “Gloom, Boom & Doom Report” told attendees at the annual “Inside ETFs” conference that the medium-term economic outlook has become “so depressing” that he may as well fill a newly installed pool with beer instead of water.
But now that the Fed has created this giant artificial financial bubble, the coming crash is going to be much worse than it otherwise would have been. And the tremendous amount of panic that this crash will cause will paralyze much of the economy and will ultimately lead to a far deeper economic downturn than we witnessed last time around.
Once the Fed started wildly injecting money into the system, they had no other choice but to keep on doing it.
By removing the artificial support that they had been giving to the financial markets, they are making a huge mistake, and they are setting the stage for an economic tragedy that will affect the lives of every man, woman and child in America.
King Saul and Jonathan, a Model of Loyalty ✡ "In Death They Were Not Divided"
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Pope Francis Hosts Iranian President Rouhani, Vatican Notes ‘Common’ Values By JNS - BREAKING ISRAEL NEWS
Pope Francis (Photo: Casa Rosada, Wikki Commons)
Pope Francis Hosts Iranian President Rouhani, Vatican Notes ‘Common’ Values
By JNS
“For the mouth of the wicked and the mouth of deceit have they opened against me; they have spoken unto me with a lying tongue.” (Psalms 109:2)
Amid Israel’s ongoing concern about the White House-brokered Iran nuclear deal, Pope Francis on Tuesday hosted Iranian President Hassan Rouhani at the Vatican to discuss possible solutions to the Middle East crisis.
After the leaders’ private 40-minute meeting, the Vatican issued a statement regarding the “relevant role Iran is called on to play” in combating terrorism and arms trafficking in the Middle East. The Vatican said that “common spiritual values” between Pope Francis and Rouhani emerged from the meeting.
Rouhani is leading an Iranian delegation on a four-day trip to Italy and France in hopes of reaffirming the Islamic Republic’s economic ties with Western nations. In Rome, top Iranian officials met with more than 100 Italian business executives from infrastructure companies, who agreed to billions of dollars worth of deals with Iran, the Wall Street Journal reported.
Rouhani’s visit, which marks the first meeting between a pope and an Iranian president since 1999, comes shortly after the recent implementation of last summer’s nuclear deal between Iran and world powers. The nuclear deal includes about $150 billion in sanctions relief for Iran, and U.S. Secretary of State John Kerry recently admitted that some of that relief will likely fund terrorism. Iran is the world’s leading state sponsor of terror, including its funding of Hamas and Hezbollah, two groups sworn to Israel’s destruction.
Wednesday, January 27, 2016
Archeologists Uncover Byzantine Era Monastery in Israel - Julie Stahl CBN News
01-25-2016
ROSH HA'AYIN, Israel – Israel's growing construction sites have uncovered some ancient treasures in unlikely places.
Before any construction work begins, the Israel Antiquities Authority conducts what it calls a salvage excavation. In Israel's central plains, a building boom dots the skyline with cranes in places like Rosh Ha'ayin.
"We started digging here and we didn't know what we are going find," excavation director Amit Shadman told CBN News. "But after three months we exposed a pretty nice and large monastery."
The discovery of many impressive rural churches and monasteries in the area show that Christianity spread rapidly around the fifth century.
The Byzantine church is paved with a colorful mosaic, but Shadman says the most important find is the Greek inscription at the entrance.
"It's exactly the same as it is today," he explained. "People want to know that they gave the money, and you have to understand that it's very expensive to build a complex like this."
The inscription reads, "This place was built under Theodosius, the priest. Peace be with you when you come. Peace be with you when you go. Amen." It's the equivalent of a donors' plaque in a modern building.
Up to 30 monks would have lived at the compound. Shadman believes they were also farmers.
Archeologists uncovered living quarters, stables and an olive oil press, which he says would not have been built without the help of the church.
"The main thing of this monastery is to take care of the rural area," Shadman said.
The IAA team also uncovered an even older structure nearby: a 2,700-year-old farm house.
"This area from the beginning was used for farming and for agriculture," Shadman continued.
Sometimes archaeologists must move the antiquities and they often rebury them. But this ancient monastery and farmstead are slated to become part of a park.
"I can tell you that this site, we're not going to destroy it," Shadman said. "We will plan to keep it and leave it like a green area."
Watch report here: CBN News video - Monastery discovered in Israel
Israeli Settlements and International Law | Tsvi Sadan ISRAEL TODAY
Israeli Settlements and International Law
Wednesday, January 27, 2016 | Tsvi Sadan
Finally, Israel is clearing up the confusion concerning the alleged “occupation,” “colonialism” and other buzz words used to discredit and defame the Jewish state.
The full article appears in the February 2016 issue of Israel Today Magazine.
CLICK HERE to read it all
CLICK HERE to read it all
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