Monday, December 21, 2009

Peace, Peace, Yet there is no peace...I remember

I remember the seventh grade, 1968, the last year of Bible reading and prayer in our school. Our homeroom teacher,  a part-time minister, always opened the morning with a verse and prayer. It was a time of lost innocence, as puberty and hormones were in full overdrive, and would continue for some time to come.
 
But, it was more than that, it was a time of both personal and national confusion. It seemed everything started to lose its way; Our home life, our school, our community, and very much, our nation. In the years following, it didn't get better, only worse. Over the next  several years, a host of calamities rocked my own little world, and my nation at large: The continuing Viet Nam "police action" (and our disillusionment with it), Kent State (our National Guard firing upon university students), a national economic crisis (gas embargo, groceries and interest rates skyrocketing), Israel attacked, escalating another war and Middle East tensions, and in my own school, racial riots destroyed an institution and a community. Was there any correlation between our spiritual disconnect from Almighty God and the chaos afterwards? In retrospect, it seems altogether a certainty.

Yet, we strived for peace; a pull-out in Viet Nam, the Camp David Peace Accord, a petro deal with OPEC, and things looked like they might get better, or at least, subside. But then, Congress had a budget crisis, and paralyzed our government for three months, an arms embargo with Turkey heightened more tensions, and most direly, Iran seized our Embassy, and took hundreds of hostages. Confusion, calamity and chaos ruled again. Even in this time of grave darkness, God in His infinite mercy, gave us a man of faith and hope, Ronald Reagan. Yet, we didn't heed the spiritual warnings, but used RR for our own prosperity and gain. Although pockets of revival broke out, and the Christian right was born, our nation still wanted to seek its own way; materialism, atheism, abortion rights, living off credit, greater government spending, socialization, and intrusion were what the masses AND the power brokers wanted. And we pursued that end even to this day.

Yet the warnings still came; our ships and more embassies attacked by Muslim radicals, violent hurricanes pounded the Southeast, fires in California, droughts in the West & Mid-West, floods in the Ohio valley region, record snows and blizzards in the Northeast, invasion of Kuwait and a short "war", and then, the first bomb attempt on the World Trade Center. Our leaders believed peace through negotiation, appeasement and consolation would set it all aright... But the worst was yet to come, and we hold our breath even now.

Sept. 11, 2001 shocked us to the core. Wall St. was already reeling from the tech and dot.com bust in April. And we went to war, first in Iraq, then Afghanistan...and we're still there. Two years ago, the mortgage and real estate markets collapsed, and are still treading water. The commercial real estate, bond & Treasury markets are waiting in the wings to implode. Rampant government spending and ensuing inflation are already in the works.  We're in the worst financial, economic, social, educational, government AND Spiritual crisis in our history, and yet, we still don't remember...the God of our fathers.

____________________NEWS______________________ 
Feds shutter 7 banks for a total of 140 failures this year
FDIC Billions in the Red

China Warns Obama Deficit Spending Must Stop

Citadel Broadcasting files bankruptcy protection

Dubai Wavers On Debt Default

Sunday, December 13, 2009

The Generation of Fear

American generations past, our grandparents & great-grandparents, never knew retirement, Social Security, Medicare, instant gratification, and all the other amenities & entrapments of our present day society. What made our parents, us, and our children think it would always be so?
Now we see it all slipping away, eroding daily by selfishness, greed & overindulgence by every American who has the means & will to do so. But, it's not just an American failure, it's a global failure. Although third-world nations have suffered continually, now nearly every industrialized nation is experiencing the aftermath of extreme gluttony; inflated wealth & prosperity, too fast growth & girth, over abundance of credit & flatulence, irresponsible spending & binging, along with the heartburn of bankruptcies, foreclosures, too many bills, and runaway taxation. And yet, we're still stuffing ourselves...
Sadly, all levels of government are not only partakers in this gluttony, they are enablers as well. Their social programs not only encourage gluttony off the public teat, but promote sloth, apathy, indifference and parasitism from one generation to the next. Although they isolate themselves, along with their power & money broker cronies, in their halls & mansions of conspicuous consumption, their ideas and enactments of wealth redistribution only apply to the masses. They think that as long as they toss the moldy bread and fatty hamburger to the piranhic populace, the crisis is abated while they engorge on filet mignon. Yet, their filet mignon came with a huge price tag and fraudulent financing which even now they are unable to sustain. So, now they must mandate stricter rules, regulations and taxation to bleed the nation dry in order to maintain their existence.

_________________NEWS__________________
American Rural Elderly Eke Out a Different Life

George Burgess, 96, drives into Torrington, Wyo., every day for a hot lunch, but worries about renewing his driver's license.

Georgia Unemployment Funding Nearly Gone

Greece on the Brink of National Bankruptcy

Op-Ed: The Do-it Yourself Recession

Thursday, December 3, 2009

Thought for Today

"The Bible is NOT a supposition or interrogatory, but a DECLARATION!" tc

America: Where & When Did We Fail?

History (secular) abhors regression. Mankind's journey through time is 'supposed' to be one of continual progress in his march toward the ultimate Utopian state. Without a doubt, the worlds' news headlines are more & more discouraging every day. Economic, social, political, and religious turmoil saturate every media outlet; tv, radio, newspaper & internet. The world and our nation have become a pressure cooker, ready to explode & boil over onto all citizens and surrounding neighbors. But, when & where did it start here in America? At least for the present...obviously past events can & have had lasting effects upon the American psyche; wars, the Great Depression, Supreme Court decisions, Presidential & Congressional mandates, and the like.
But let's be honest here...
Since inception, this country has had four institutions as the cornerstones upon which our nation was built; God, family, church &; school. YHWH God, first & foremost, with the other three working in agreement according to His Sovereignty. Individual responsibility, accountability and faith toward Him were accepted, taught and preached in each of these anchors of our society. There was no centralized government to wield its power over our heads and our lives. Most of our European ancestors came here to exercise religious & political freedom, without government restriction or intrusion. Then, for nearly 100 years, communities & states governed themselves for the most part. There was NO federal INCOME TAX to control and manipulate social engineering. But, the thorny issue of states' rights versus federalism came to a violent head, known as the Civil War, NOT SLAVERY. Slavery was a point of major contention with regard to states' rights, but NOT the cause of our civil war. Federalism won out, and has brought us to where we are today.
As time rolled by, God's Providence was usurped & replaced by the U.S. Federal Gov't. The Bible became regarded as merely a book of fantastical stories, myths, quaint & pithy sayings relegated to crazed, doomsday preachers, and those who followed them with outdated, too restrictive, and outmoded ideologies. Our families, schools and churches followed suit, buying into "modern" philosophies, materialism, Darwinism, idol worship (although not figures made of stone or precious metal, but celebrities), dependence upon government, and social depravity (if it feels good, do it). Our preachers, pastors & evangelists, and churches no longer stood for God's Sovereignty, Salvation by Grace through Faith in Christ, Repentance, Holiness, and Separation. Sermons no longer speak out against current social issues with regard to sin. Seminaries & pastors succumbed to congregational pressures, worries over money, and compromise to government, legal & social dictates. Churches value their tax-exempt status more than their allegiance to God, Christ & Scripture. The concept of Separation of Church & State took on the perverted, outlandish dictum of methodically isolating and removing all things YHWH God in Jesus Christ from every aspect of Americana. Soon thereafter, Denominationalism, legalism, false doctrine, false religions, false preachers & teachers sprang forth in our churches, into our families & schools, and into our society. Selfishness, greed, avarice, lust & corruption inundated these as well as our businesses, our gov't, and all other aspects of our lives. And, although YHWH God has always maintained a remnant, and exercised His Patience, Grace & Mercy beyond all human understanding, He has declared,"My Spirit will not always strive with man." "As in the days of Noe, so shall be the return of the Son of Man (Yashua, the Holy One)." How much more wicked can our world become, before Almighty God says, "that's enough!", and mercy is no longer...? Apparently, a lot more...



___________________NEWS____________________

U.S. Mortgage Delinquencies Reach a Record High 

Hotel owners, like home owners, behind on payments 

Jobless Rate Up in 29 States, Hitting Records in 4 of Them

Wave of Debt Payments Facing U.S. Government

Swiss ban mosque minarets in surprise vote 

Black Friday sales barely up, online surges

With F.H.A. Help, Easy Loans in Expensive Areas

 

 

 

 

 

 

 

Tuesday, November 24, 2009

Happy Thanksgiving to Whom?

While I wish each & every one a most joyously, happy & safe Thanksgiving, I hope we truly realize to Whom we're giving thanks. How many across our globe are giving thanks to some fictitious deity, or to no one really at all? How many know to give thanks to YHWH God in Mashiach Yashua (Christ Jesus)? To give thanks to the true God of creation, God of Abraham, Isaac and Jacob?
I hear multitudes of Americans speaking of giving thanks, but no mentions of  to Whom? We must be specific, because YHWH God is specific:
"You shall say this to the sons of Israel, YHWH the God of your fathers, the God of Abraham, the God of Isaac, and the God of Jacob, has sent me to you. This is My name forever, and this is My memorial from generation to generation." Ex 3:15
"You shall have no other gods before Me." Deut 5:7
"And you shall not turn away from all the words which I am commanding you today, right or left, to go after other gods, to serve them." Deut 28:14
"YHWH made a covenant with them, and commanded them, saying, You shall not fear other gods, nor bow yourselves to them, nor serve them, nor sacrifice to them." II Kings 17:35
"Because your fathers have forsaken Me, says YHWH, and have walked after other gods, and have served them, and have worshiped them, and have forsaken Me, and have not kept My law." Jer 16:11
"I will thank YHWH according to His righteousness, and will praise the name of YHWH most high." Ps 7:17
"...let them know Your name is YHWH, that You alone are the Most High over all the earth." Ps 83:18
" So nations shall fear the name of YHWH, and all the kings of the earth Your glory." Ps 102:15
"then I call on the name of YHWH: O YHWH, I beseech You, deliver my soul!" Ps 116:4
"To whom then will all of you liken me, or shall I be equal? says the Holy One." Is 40:25
"I am YHWH: that is my name: and my glory will I not give to another, neither my praise to graven images." Is 42:8
"that you may know and believe me, and understand that I am he: before me there was no God formed, neither shall there be after me. I, even I YHWH am the LORD; and beside me there is no savior. I have declared, and have saved, and I have showed, when there was no strange god among you: therefore you are my witnesses, said YHWH, that I am God." Is 43:10-12
"For whoever shall call on the NAME of YHWH shall be saved." Joel 2:32, Rom 10:13
"Praise YHWH! Give thanks to YHWH, for He is good; for His mercy endures forever." Ps 106:1


I would say that's pretty definitive, doesn't leave any room for ambiguity. Lest you get miss the point in Christ Jesus, the Son always retain the name of the Father. In the shortened form, YH, or Yah, He is the great I AM, and "'ha-shua, or ho-shua" is our Salvation. Ergo, The great I AM is our Saviour...Yahshua...God is our salvation. Adonai Yahshua ha' Mashiach (Lord Jesus the Christ): Almighty Lord God, the great I AM, your Saviour, the Holy One, the Promised One, your Redeemer, the Word made flesh.
Give thanks to Him accordingly; Praise His righteousness, His grace, His mercy, His everlasting love.

Thursday, November 19, 2009

The Love We Scorn, The Love We Neglect, The Love We Require


"Herein is love, not that we loved God, but that he loved us, and sent his Son as the propitiation for our sins." I Jn 4:10
"For God so loved the world, that he gave his only begotten Son, that whoever believes in him SHALL NOT perish, but have everlasting life.  Jn 3:16
"But God demonstrated his love toward us, in that, while we were yet sinners, Christ died for us." Rom 5:8 



During our journey through life, however short or long, and especially in these times of constant, hectic bombardment of every onslaught imaginable, we may often find ourselves complacent, inured, skeptical, even apathetic. It becomes all too easy to be critical of everything and everyone. We may lose our joy of life, our joy of love, our joy of salvation. Then, it is way past time to recount, reconsider, and meditate on what really matters in this life:



"Let all those that seek you rejoice and be glad in you: and let such as love your salvation say continually, Let God be magnified." Ps 70:4 
" O how I love your law! it is my meditation all the day...I will delight myself in your commandments, which I have loved." Ps 119:97,47
" I love the LORD, because he has heard my voice and my supplications." Ps 116:1
" I love them that love me; and those that seek me early shall find me. " Pr 8:17
"Restore to me the joy of Your salvation, and uphold me with a willing spirit." Ps 51:12
"And my soul shall be joyful in Yahweh; it will rejoice in His salvation." Ps 35:9
" I will greatly rejoice in Yahweh. My soul shall be joyful in my God. For He clothed me with garments of salvation..." Is 61:10



These days our constant Adversary offers a sugary, honey coated pill of bitterness to all who would partake. Those who take his pill savor the initial sweetness, find delight in its beginning, and merrily continue thinking its flavor will last. But hidden in the coating is the numbing drug of faithlessness, unbelief, doubt, and restlessness. This makes the inner core of bitterness entirely palatable, so that it takes hold almost unawares. Once the seed of bitterness is implanted, it grows and springs forth its fruit in abundance. One of its primary objectives is to supplant, replace and cause forgetfulness of the need for the Love of God.

"The wicked shall be turned to Sheol, all the nations forgetting God. " Ps 9:17
"So are the paths of all that forget God; and the hypocrite's hope shall perish:" Job 8:13




Even those who have called upon His Name are not immune:



"My people are destroyed for lack of knowledge: because you have rejected knowledge, I will also reject you, that you shall be no priest to me: seeing you have forgotten the law of your God..." Hs 4:6
"Beware that you forget not the LORD your God, in not keeping his commandments, and his judgments, and his statutes, which I command you this day." Deut 8:11 


May each of us take a moment every day to contemplate and remember God's Love for us. It was His Love that creates us, His Love that delivers, redeems, strengthens and sustains us. Let us drink daily from the Living Water of Life...

Sunday, November 15, 2009

Wake Up, America !!?!?!!

Calls to arms (figuratively) & repentance toward Almighty God of Scripture seem to fall on deaf ears nowadays. While many true born again believers in Christ ARE waking up to the Holy Spirit's alarm bells, more than a few appear directionless and/or subdued inre what to do about it. The lost, degenerate world system and all its followers have sped up the pace to usher in the New World Order, the One World Economy & currency, and eventually, the One World Religion. No Bible believing, Christ loving, child of God can look at what's going on in the world today and not know that our Lord's Return is imminent. But in the meantime, spiritual warfare will intensify, become increasingly more violent & bloody, and wreak greater havoc upon the lives & souls of men, women & children all across the globe.
"Peace, Peace, Peace & Prosperity" is the mantra cry of world leaders, financial powerbrokers, and media pundits, and echoed by billions who depend upon them. In their minds, ergo, all their efforts are directed toward this end as the sole solution to mankind's preservation & future. Sadly, though, they've left out the One Person who IS the author of peace, God in Christ Himself. WHEN YOU LEAVE GOD OUT OF THE EQUATION, THE SOLUTION FAILS...
The United States of America IS undergoing CHANGE, change she doesn't quite understand or comprehend, nor is she wholly prepared for. The fundamentals and foundations upon which she was built are eroding away beneath our feet and before our very eyes; Faith in God, national unity & independence, Constitutional adherence, personal liberty, freedom, property ownership, economic opportunity and self-determination, are all diminishing moment by moment. Very few Americans, or Christians, know what to do or how to prepare for the uncertainty, the upheaval, the devastation, the Godlessness, which will prevail across our land. The social, political, financial, economic AND spiritual calamities will destroy many in the months & years ahead.
In Washington, our leaders claim the worst is over, albeit, the road back to prosperity is rough, but we're showing signs of improvement. WHAT A FARCE! WHAT AN OUTRIGHT PACK OF LIES! In a courtroom, a judge would rule, "The truth is not in evidence!"
If you pay attention to not just the news, but dig deeper into documents provided by our gov't itself, and look around you, the picture is entirely different from the one they're painting: Unemployment, bankruptcies, foreclosures, homelessness, senseless crime & violence, cities & states collapsing, depression, obesity, disease, and hosts of other maladies have reached never before seen highs, and continue as such.
Those who've been listening & reading my thoughts for the last decade know I gave America roughly a 30 year timeline. So, now, we've got about 20 years +/- before we see our beloved nation implode. But, even in the meantime, we shall continue to see & experience radical & fundamental changes in how our country operates, functions, lives & breathes. One of the last "straws" is when the Gov't (no longer "ours") seizes all personal property; We will all belong to the "State". Taxation will have long passed being a viable means for gov't to regulate social engineering and monetize the American worker. Their indebtedness, greed, avarice & corruption will mandate greater control over every aspect of our existence...
The Watchman on the Wall is screaming out the warnings, but there's no reaction. The listless mass of zombies continue on as though they're blind and deaf...
_______________NEWS_________________

US banks failure toll reaches 123 so far in 2009

FDIC Operating in the Red: "...a negative fund balance does not affect the FDIC’s ability to protect insured depositors or promptly resolve failed institutions,”                  

Pfizer to shutter six out of 20 R&D sites 

MBIA loses $728 million as slowdown hits bond insurer           Bond insurer pays $638.4 mln in third-quarter net claims on mortgage securities

Sprint to reduce up to 2,500 jobs by end of 2009

More Than Ever, You Can Say That on Television                        Profanity abounds EVEN before 9pm

10 states face looming budget disasters

Gold Futures Rise to Record on Dollar's Decline 

Shadow Government Statistics: Analysis Behind and Beyond Government Economic Reporting 

 



Friday, October 30, 2009

Economy Grows in 3rd Qtr? More deceit by the minute...

The GDP news sounds great, 3.5% growth over the last quarter, right? The economy is moving again, right? Until you start digging into the facts. The real growth which took place was in government spending. It grew by almost 8%! Nearly 20% over the last 6 months! GDP is the sum of a) consumer spending (70% of America's economy), b) business investment (spending), and c) government outlays (more spending). Neither a), nor b) had any significant growth at all, in fact it was flat or negative. But government spending through "Cash for Clunkers" & the "First Time Buyers Housing Credit" was enormous. So much so, that, in reality, the bureaucracy cost taxpayers 3-5 times the  $8000 credits given for these purchases. (Just add it to our national debt, we'll make our children & grandchildren pay for it.) Source: Bureau of Economic Analysis.gov: "Real federal government consumption expenditures and gross investment increased 7.9 percent in the third quarter, compared with an increase of 11.4 percent in the second."

Taking Apart 3Q GDP and the Coming Double-Dip Recession

Our government plays the psychological factor to the hilt. If they can feed (and you swallow) their economic propaganda to make you feel better, give you false hope, and deny your reality, then they've kept you tied to the tether. You're still plugged into the "Matrix", hooked on life support to the Gov't teat.

____________________NEWS______________________
Oct 24th Jobless Claims "Only" 531,000 
(It's not what you say, but HOW you say it)

As a USAF veteran (retired), I had over 20 years of distinguishing between our true "mission", and the "BS" factor (the stuff the military bureaucracy passes down to placate you). More & more, I see it in our government & mainstream media profferings. Sadly enough, it appears they truly believe their own lies sincerely. Having been in Eastern Europe and Russia, I also comprehend & understand political propaganda and how it subjugates the populace after decades & decades of inundation. America has ramped up its own version to anesthetize a gullible population. History IS repeating itself, we've just renamed the causes & symptoms so they don't scare us and go down more easily.
America, the warning bells & klaxons are sounding off like crazy, but  you're not responding as you should. Zombies don't react to physical, mental, emotional or spiritual stimuli, is it too late?

Wednesday, October 28, 2009

The Day of Reckoning; Closer than you think

As I observe & keep a watchful eye over the panoramic landscape of America & the world, and I don't mean the terrain, I mean the political, social, financial, spiritual & all other aspects of life on this spacial orb, it never ceases to befuddle me as to the height, depth & breadth of mankind's impudence & insolence. Of late, it has exploded to never before seen expanses of ignorance, stupidity, obliviousness, greed, selfishness, cruelty, inhumanity and just plain hard-heartedness.
We all get weary of bad news, lies & deceit, and nowadays, the airwaves are saturated with it. In every nation, among all peoples, strife, upheaval & uncertainty abound. What does it all mean? If these aren't the beginning of labor pains, I don't know what is...
It means a Day of Reckoning is on the horizon. A day of reckoning for America as a nation; The last day America can still choose whom she shall serve (Joshua 24:15). It seems more than apparent her choice has already been made, and it wasn't the right One.
We have sold our birthright, squandered our inheritance, and spoiled our fruits. In every aspect mentioned above, we are bankrupt. We are no longer the United States, but the Fractious & Divided States of America. Our peoples have never been more un-united, more polarized, more distraught, more uncertain of our future, and with every good reason...
I made a prophetic utterance in time past, almost 10 years ago, that America the nation, as we knew her, will not last another 30 years. The sand is flowing out of the hourglass, seemingly faster by the minute. We now have about 20 years left, if that long. God and history gave us a blueprint of what would happen if we continued our adultery, but we chose to ignore and disbelieve these facts. I cannot tell you the details of what all can & might happen, the scenarios are immense, but the inevitable is guaranteed. Scripture gives us many details, clues & hints of both past & future events, but on our part, our first & foremost preparation, is to put our trust in the Lord Yahshua. God (YHWH) alone is our salvation. Seek His Kingdom first, and everything else after that is added grace.
After putting on the whole armor of God; the sword (the Word), the breastplate, helmet & shield (righteousness, faith, salvation, Eph 6:14-17), our personal preparation must be to get out of debt as much as possible, become more self-sufficient (growing & trading food, learning survival skills; sewing, carpentry, and the like), conjoin with friends & neighbors, and share the Gospel of Christ. If you think this extreme, read & remember the early days in our country, how our forefathers eked out a living off the land, and gave thanks to Yehovah God. There was NO government assistance, in fact, they were escaping & resisting government intrusion, interference and domination. We've come full circle.
I earnestly pray we do not devolve to the level of the horrors of WWII Germany, the Holocaust, the Bolshevik Revolution, Mao's China, Khmer Rouge, Sudan and other atrocious regimes, but history can & does repeat itself. Because, we're the same sinners we've always been, defiant against YHWH to the very end, unless you've been redeemed by the Blood of the Lamb of God, Christ Jesus. "But God commends his love toward us, in that, while we were yet sinners, Christ died for us." Rom 5:8, "This is love: not that we have love God, but that he loves us and sent his Son to be the atoning sacrifice for our sins." I Jn 4:10

___________________NEWS___________________ 

Treasury talks to GMAC about more cash, 3rd bailout

Fears of a New Chill in Home Sales 

Economic reports point to bumpy recovery 

The gold bug's new best friend - the Chinese government

Wake Up Washington! China Is Already Dumping the Dollar

China bidding dollar good-bye?

Get ready, America: Great Depression 2.0 

Bank failures hit 106 on year : More set to fall

Rising Debt a Threat to Japanese Economy; A Foreshadowing?

Can Atlantic City (NJ) Raise the Stakes? Gambling Woes

 

 

 

 

 

Tuesday, October 20, 2009

Don't Confuse Me With the Facts, even if America IS Bankrupt

No matter how skewed our government and 'Media Minions' spin it, their own "facts" bear them out. The Treasury's report doesn't get national attention, you have to go search for it and see the real numbers. The drivel that comes out of Washington and the state-controlled media talks in circles, but won't spell out the truth.

_____________________________________
It's official! U.S. government is bankrupt
'It's only a matter of time before the public realizes it'

October 18, 2009, 10:09 pm Eastern
© 2009 WorldNetDaily 

The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the 2008 Financial Report of the United States Government released by the U.S. Department of Treasury, Jerome Corsi's Red Alert reports.
The difference between the $455 billion "official" budget deficit numbers and the $5.1 trillion budget deficit based on data reported in the 2008 financial report is that the official budget deficit is calculated on a cash basis, where all tax receipts, including Social Security tax receipts, are used to pay government liabilities as they occur.
The calculations in the 2008 Financial Report are calculated on a GAAP basis ("Generally Accepted Accounting Practices") that includes year-for-year changes in the net present value of unfunded liabilities in social insurance programs such as Social Security and Medicare. Under cash accounting, the government makes no provision for future Social Security and Medicare benefits in the year in which those benefits accrue.

Economist John Williams, who publishes the website Shadow Government Statistics, told Corsi, "As bad as 2008 was, the $455 billion budget deficit on a cash basis and the $5.1 trillion federal budget deficit on a GAAP accounting basis does reflect any significant money reflected to the financial bailout or Troubled Asset Relief Program, or TARP, which was approved after the close of the fiscal year."
He continued, "For 2009, the Congressional Budget Office estimated the fiscal year 2009 budget deficit as being $1.2 trillion on a cash basis, and that was before taking into consideration the full costs of the war in Iraq and Afghanistan, before the cost of the Obama nearly $800 billion economic stimulus plan, or the cost of the second $350 billion tranche in TARP funds, as well as all current bailouts being contemplated by the U.S. Treasury and Federal Reserve."
Williams told Corsi the federal government's deficit is hemorrhaging at a pace that threatens the viability of the financial system. He said the 2009 budget deficit will clearly exceed $2 trillion on a cash basis and the full amount must be funded by Treasury borrowing. He noted that it's not likely to happen without the Federal Reserve acting as lender of last resort by buying Treasury debt and monetizing the debt.
Corsi explained, "'Monetizing the debt' is a term used to signify that the U.S. Treasury will ultimately be required to print cash to meet Treasury debt obligations, acting in this capacity only because the Treasury cannot sell the huge amount of debt elsewhere, possibly not even to the Federal Reserve."
So far, the Treasury has been largely dependent upon foreign buyers, principally China and Japan and other major holders of U.S. dollar foreign exchange reserves, including Middle East oil-producing nations purchasing U.S. debt through their financial agents in London.
"The appetite of foreign buyers to purchase continued trillions of U.S. debt has become more questionable as the world has witnessed the rapid deterioration of the U.S. fiscal condition in the current financial crisis," Williams noted.
Corsi wrote, "The sad reality is that the U.S. Treasury has not reserved any funds to cover the future Social Security and Medicare obligations we are incurring today."
Williams said there are no funds held in reserve today for Social Security and Medicare obligations each year. He said it's only a matter of time until the public realizes that the government is truly bankrupt.
Corsi wrote that if President Obama adds universal health care to list of entitlement payments the federal government is obligated to pay, the negative net worth of the United States government will only get worse.
Calculations from the 2008 Financial Report of the United States Government show that the GAAP negative net worth of the federal government has increased to $59.3 trillion, while the total federal obligations under GAAP accounting now total $65.5 trillion.
Williams explained the federal government is truly bankrupt and argued that in a post-Enron world, if the federal government were a corporation such as General Motors, "the president and senior Treasury officers would be in federal penitentiary."

Wednesday, October 14, 2009

More Evidence of Obama's Recovery...

Higher Priced Homes Now Poised for Further Crash

For many U.S. wealthy, housing crisis still a squeeze

ST. CHARLES, Illinois (Reuters) – Despite some signs that the worst of the U.S. residential housing crisis may be over, many wealthy homeowners are still being squeezed by the combination of weak home prices and the stock market crash.
"I think for wealthy homeowners it will get worse before it gets better," said Dennis Hedlund, founder of iEmergent, a forecaster for mortgage and real estate companies.
"I don't think home prices have bottomed yet. Many people are stuck at the high end, as there aren't many buyers out there," Hedlund said of owners of luxury properties.
From California to Massachusetts, the U.S. housing crisis came after years of easy credit and soaring property values. Towns like the western Chicago suburb of St. Charles saw an unprecedented growth of wealth, especially in high-end homes.
An hour by train from Chicago and known for good schools, St. Charles was a magnet for senior managers and professionals. But as the housing crisis that began in the subprime residential market spread up the property chain, the once-thriving high-end local market ground to a near halt.
"We've never seen anything like it," said Maurine Trafals, office manager at local realty agency Source One. "The market just stopped in the summer."
St. Charles, population 40,000, now has 74 homes for sale with buyers asking more than $1 million.
"That's a huge number to have on the market in a community of this size," Trafals said.
In 2009 five homes over $1 million have sold, compared with 21 in 2008. Prices are down 20 percent from the peak in 2007.
"There are fewer and fewer potential buyers out there, as mid-range homeowners are getting squeezed," said Ray Schafer, co-owner of home builder Michael Raymond Custom Homes, whose firm has had a luxury home on offer here for more than a year.
Schafer has cut his asking price by $50,000 to just under $1.2 million, without drawing out any offers.
"We can't hold onto inventory forever," Schafer said. "So we're just lowering the price until it's such an extreme bargain someone picks it up."
The national luxury market is weak on both the buyer and seller sides, coast to coast. Wealthy homeowners have seen cash reserves erode from the stock market collapse, which also hit retirement savings. The big drops in home prices have squeezed home equity loans. And many high-earners have also lost jobs.
"High-end owners have been hit from all sides," said Cora Berkery, a realtor at Surterre Properties in Orange County, California, site of Disneyland and hundreds of million-dollar homes.
Many wealthy homeowners have held asking prices high in the hope of outlasting the 2-year old property slump. But more are expected to slash prices in the coming year to avoid further losses or obtain cash, adding more properties to the market.
'SHADOW INVENTORY' LURKING
More unwanted supply of U.S. homes at the high end may also come from foreclosures. According to data from research firm First American CoreLogic, the rate at which wealthy homeowners are falling behind on their mortgage payments is increasing.
It says 9.4 percent of those with jumbo prime mortgages -- those over $417,000 -- are 90 days or more behind on their payments. This pales next to the 33.8 percent of subprime loans that are delinquent 90 days or more. But the rate is rising.
While the subprime delinquency rate is 1.3 times higher than a year ago, the jumbo prime delinquency rate is 2.6 times higher, suggesting that wealthy homeowners overstretched themselves financially much as their poorer counterparts did.
"The lower income brackets tend to have much of their equity tied up in their homes," said Sam Khater, chief economist at First American CoreLogic. "Those with higher incomes have a combination of stocks, bonds and home equity."
"During the boom they felt they could save less and borrow more," he said. "But they've taken a huge hit since the peak."
While California still paces the country in many of the worst aspects of the housing crisis, the plight of wealthier homeowners is now largely the same nation-wide, Khater said.
On a drive through Prairie Lakes, a development in St. Charles where $1 million 20-room homes stand barely 15 feet apart, Maurine Trafals points out homes for sale but also a few that are empty but still not on the market.
"Some home builders are waiting for things to pick up before they sell," she said, pondering this "shadow" market.
"Shadow inventory has become the industry buzzword over the past few weeks," said Michael Lefevre, head of the National Association of Mortgage Professionals. "There is a lot of property out there that is yet to hit the market and could mean 2010 will be worse than 2009."
Shadow inventory is a wild card. But Khater said the trend is significant enough that he is working on an estimate.
So the irony for wealthy homeowners is that the longer they wait the more they may have to cut their asking price. Realtors say sellers are awakening to the danger of a downward spiral.
Surterre Properties' Berkery said in the past few months she has seen more high-end homeowners "become proactive" and sell their homes at auctions at a massive discount.
"As corporate cost-cutting is moving up the management ladder, some people are taking matters into their own hands and selling rather than be forced to later on," she said.
Berkery said the most affected are the "lower-end" wealthy with homes valued at up to around $3 million, as they tend to be more overstretched than the super wealthy.
"The good news is property is selling, if at a huge discount," she said. "Most of the buyers we're seeing are foreign investors from the Far East and, now that the euro is stronger, we're seeing more Europeans too."

Sept. retail sales fall 1.5 percent post Clunkers


 

 

No, it's nowhere near over; Who to believe?

Our gov't is telling us the economic crisis is over. All is well, growth & prosperity are just around the corner.
Somehow these lies pale in light of the facts; America is in shambles, and moreso each & every day.
Here's evidence contrary to the White House press releases:

_______________________NEWS_________________________

Gold spikes to new record high: Oct 14, $1071/oz:Dollar falls against Euro

Will California become America's first failed state?

Too many palatial homes, too few princely buyers 

Fannie and Freddie Continue to Struggle, Lawmakers Told 

U.S. Mortgage Backer FHA May Need Bailout, Experts Say

Debt-Market Paralysis Deepens Credit Drought

Trucking Industry Sees no Recovery: "If it ain't shippin', we ain't movin, and it ain't sellin', If there was any sign of a recovery, we would know it." 

2012 forecast: Food riots, ghost malls, mob rule, terror: Trends chief says people should brace for 'the greatest depression' 

 

 

Sad example of American family gone wrong

The story of this American family below, caught in the economic tsunami, tells a sadder, deeper tale of American values gone awry. If you read the entire story, it's impossible not to multiply the misdirected philosophy & mindset by the millions across America. The disheartening scope of priorities upon which this family have built their lives, and their children's lives, has been cast and passed down from generation to generation, bringing our nation to exactly where it is today.

The glaring premise that this man's self-worth is measured by how much he makes, and that his wife's love & commitment are grounded in his earning power, while his importance to his children is counted by the amount of Christmas presents he can lavish, is such a numbing, heart-breaking testament to America's demise. We've lost our soul & spirit of what's truly important.

 More than what this story tells, is what it doesn't. It doesn't speak of virtues, of character & integrity, of faith, of morals & values, of dedication and rightness of spirit. One can almost sense the chasms of emptiness in their existence between the lines. Most important of all, is Who is missing from the center their lives...

__________________________________________________

Still on the Job, but Making Only Half as Much

(edited for content)
MECHANICSVILLE, Va. — The dark blue captain’s hat, with its golden oak-leaf clusters, sits atop a bookcase in Bryan Lawlor’s home, out of reach of the children. The uniform their father wears still displays the four stripes of a commercial airline captain, but the hat stays home. The rules forbid that extra display of authority, now that Mr. Lawlor has been downgraded to first officer...But with air travel down, his employer cut costs by downgrading 130 captains, those with the lowest seniority, to first officers, automatically cutting the wage of each by roughly 50 percent — to $34,000 in Mr. Lawlor’s case.
The demotion, the loss of command, the cut in pay to less than his wife, Tracy, makes as a fourth-grade teacher, have diminished Mr. Lawlor, 34, in his own eyes. He still thinks he will return to being the family’s principal breadwinner, although as the months pass he worries more. “I don’t want to be a 50-year-old pilot earning $40,000 a year,” he said, adding that his wife does not want to be married to a pilot with so little earning power.
Bryan and Tracy Lawlor, who is also 34, have hidden their straitened circumstances from their four young children, mainly at his insistence. But as their savings dwindle, Christmas, a key indicator in the Lawlor family, will mean fewer presents this year. The Lawlors have made a practice of piling on toys and new clothes for their children at Christmas, buying relatively less the rest of the year. That will make a cutback noticeable this holiday season, and the parents are concerned that their children will begin to realize why.
“You don’t want to see disappointment on their faces; that makes me feel horrible,” Mr. Lawlor said. “You can be the best pilot in the airline and make the best landings, and in their eyes, I am not going to be as important as I was.”
“My mind is always on 20 different things,” Mr. Lawlor said. “What do I need to get done? How much will it cost? Is it necessary? Can I do it cheaper if I do it myself? Can I make the earlier commute home? Rush, rush, rush, and then suddenly someone makes the wrong comment and I become uncorked.”
Still, as her husband’s ordeal drags on, Mr. Lawlor in some ways has risen in his wife’s eyes. “I have more respect for him,” she said. “I can see he is angry and upset, but he does not show it very often, and never to the kids.”
That is less and less true, Mr. Lawlor said, amending his wife’s appraisal. One year into his downgrade, “never” has turned to “rarely” and, in recent weeks, “not so rarely.” He blew up last week at his 3-year-old son, Shayne, for refusing to take a nap, and sent the child whimpering to his room.
“My point would be that being in the captain’s seat made me feel in command, and capable and powerful,” Mr. Lawlor said.
He called in sick recently, suffering basically from fatigue. “I think the reason I felt fatigued is the stress,” he said. “It is always there.”

Tuesday, October 6, 2009

"...do not be terrified,...the end is still not yet..."

I have often used the analogy of this historical, on-going world crisis as a global hurricane, like Katrina on a world-wide scale. The initial assault, or frontal buffet, as it were, has been largely an economic ravaging of major nations & continents; the U.S., China, Japan, Europe, Australia, Africa, North & South America. Nearly the entire planet has felt some impact from the first wave of this storm. Sadly, many economic and political "experts" tell us the storm is over, the sun is shining, we can now rebuild, and go back to the way it was before...WRONG!!!
The winds, rains, floods, earthquakes, tsunamis, and fires are still raging, both literally & figuratively...
It's hard to equate a time when so many calamities were present all at once, or one after the other: Fires in California, floods in the southeast and Australia, earthquakes & typhoons in the Pacific and Indian Far East, war escalation in Afghanistan, global economic & political chaos, famine & drought in Africa, and as always, tension in the Middle East. Only this time, the political "saber-rattling" in Iran is wielding a NUCLEAR ATOMIC BOMB.
Do I believe the "popularized" end is near? No, not even...we are merely at the beginning of the beginning. If anything at all, we are in the eye of the first storm. We are not in any "historical cycle", as most pundits have put it, but are witnessing the prophetic world re-alignment and stage-setting not seen since the days of Noe & the Great Flood. I have no idea how many years this will continue. Noe preached the oncoming flood for over 100 years...
I desperately urge every reader to carefully study the "Mount Olivet Discourse" of Matthew 24, Mark 13, & Luke 21. These three accounts of the same prophecies by Our Lord Yashua the Messiah are astounding in their utterance, profound in their ramifications, and mind-blowing in their implications. "...do not be terrified: for these things must first come to pass; but the end is still not yet..." Luke 21:9
If it were not for the nation of Israel, none of this would be any different than any other time before in the last 2000 years.
Never before in world history has the stage been so set to bring in the "New World Order", with the means, the motivation, and the driving impetus of today's socio-politico-economic conditions. World political and financial leaders have never before been so vocal, so active in bringing it about. And, America has never before been so weak, so vulnerable. 
There is a timetable, just not ours to gauge by. YHWH's timetable is the only one that truly counts, and the one we must live by...  
_____________________________________

The demise of the dollar

October 6, 2009 , By Robert Fisk,

In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.

In the most profound financial change in recent Middle East history, Gulf Arabs are planning - along with China, Russia, Japan and France - to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.
The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.
The Americans, who are aware the meetings have taken place - although they have not discovered the details - are sure to fight this international cabal which will include hitherto loyal allies Japan and the Gulf Arabs. Against the background to these currency meetings, Sun Bigan, China's former special envoy to the Middle East, has warned there is a risk of deepening divisions between China and the US over influence and oil in the Middle East. "Bilateral quarrels and clashes are unavoidable," he told the Asia and Africa Review. "We cannot lower vigilance against hostility in the Middle East over energy interests and security."
This sounds like a dangerous prediction of a future economic war between the US and China over Middle East oil - yet again turning the region's conflicts into a battle for great power supremacy. China uses more oil incrementally than the US because its growth is less energy efficient. The transitional currency in the move away from dollars, according to Chinese banking sources, may well be gold. An indication of the huge amounts involved can be gained from the wealth of Abu Dhabi, Saudi Arabia, Kuwait and Qatar who together hold an estimated $2.1 trillion in dollar reserves.
The decline of American economic power linked to the current global recession was implicitly acknowledged by the World Bank president Robert Zoellick. "One of the legacies of this crisis may be a recognition of changed economic power relations," he said in Istanbul ahead of meetings this week of the IMF and World Bank. But it is China's extraordinary new financial power - along with past anger among oil-producing and oil-consuming nations at America's power to interfere in the international financial system - which has prompted the latest discussions involving the Gulf states.
Brazil has shown interest in collaborating in non-dollar oil payments, along with India. Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East.
China imports 60 per cent of its oil, much of it from the Middle East and Russia. The Chinese have oil production concessions in Iraq - blocked by the US until this year - and since 2008 have held an $8bn agreement with Iran to develop refining capacity and gas resources. China has oil deals in Sudan (where it has substituted for US interests) and has been negotiating for oil concessions with Libya, where all such contracts are joint ventures.
Furthermore, Chinese exports to the region now account for no fewer than 10 per cent of the imports of every country in the Middle East, including a huge range of products from cars to weapon systems, food, clothes, even dolls. In a clear sign of China's growing financial muscle, the president of the European Central Bank, Jean-Claude Trichet, yesterday pleaded with Beijing to let the yuan appreciate against a sliding dollar and, by extension, loosen China's reliance on US monetary policy, to help rebalance the world economy and ease upward pressure on the euro.
Ever since the Bretton Woods agreements - the accords after the Second World War which bequeathed the architecture for the modern international financial system - America's trading partners have been left to cope with the impact of Washington's control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.
The Chinese believe, for example, that the Americans persuaded Britain to stay out of the euro in order to prevent an earlier move away from the dollar. But Chinese banking sources say their discussions have gone too far to be blocked now. "The Russians will eventually bring in the rouble to the basket of currencies," a prominent Hong Kong broker told The Independent. "The Brits are stuck in the middle and will come into the euro. They have no choice because they won't be able to use the US dollar."
Chinese financial sources believe President Barack Obama is too busy fixing the US economy to concentrate on the extraordinary implications of the transition from the dollar in nine years' time. The current deadline for the currency transition is 2018.
The US discussed the trend briefly at the G20 summit in Pittsburgh; the Chinese Central Bank governor and other officials have been worrying aloud about the dollar for years. Their problem is that much of their national wealth is tied up in dollar assets.
"These plans will change the face of international financial transactions," one Chinese banker said. "America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate."
Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq.

Tuesday, September 8, 2009

Out of Work, Out of Time, Out of Hope...

I pray everyone had a happy & safe Labor Holiday. Thankfully, we did, after a nearly 1400 mile whirlwind road trip to Michigan. Getting the gears churning again is an arduous task, but duty demands it. Being a watchman on a seemingly solitary tower feels cold & lonely at times, but the mission is the Great Commission; which is by all means to win & save souls from not only their own destruction, but from the desolation to come. This assignation is not one solely of warnings of doom & gloom for the future, but more importantly, of life, liberty & freedom in God's Christ.
I had the great opportunity this weekend to witness for Yashua to someone I least expected, to someone I really had little opinion. Prior to heading out for Michigan, I had thought my preparation was for someone entirely different, but that was not YHWH's plan. Yet, I did not draw back, I boldly planted and watered His seeds of the Word of Truth. And, I experienced a sprouting of life even before we departed for home. I now leave it to Him to give the increase... 
As I live and breathe at God's good pleasure,  there is often a strange, even anguishing, irony to His workings of salvation in my life. Paul said in Phil 2:12, "just as you have always obeyed, not only when I was with you but even more now that I am absent, continue to work out your salvation with fear and trembling."
Often, there is a stark contrast of joy & fear in experiencing God's grace & mercy. Subsequently, it's hard to accommodate such happiness & sadness at the same time. We (I) cannot & do not forget the enormity and depth of our (my) transgressions, and their damage to ourselves (myself) & others. But, our (my) forgiveness in Christ overwhelms us (me) with unspeakable elation. Yet, I know I'm not alone, King David stated the identical conundrum:
" Look upon mine affliction and my pain; and forgive all my sins." Ps 25:18 "Behold, you desire truth in the inward parts: and in the hidden part you shall make me to know wisdom. Purge me with hyssop, and I shall be clean: wash me, and I shall be whiter than snow. Make me to hear joy and gladness; that the bones which you have broken may rejoice. Hide your face from my sins, and blot out all mine iniquities. Create in me a clean heart, O God; and renew a right spirit within me. Cast me not away from your presence; and take not your Holy Spirit from me. Restore unto me the joy of your salvation; and uphold me with your free spirit. Then will I teach transgressors your ways; and sinners shall be converted unto You." Ps 51:6-13  "And my soul shall be joyful in the LORD: I shall rejoice in his salvation." Ps 35:9

____________
Our nation continues in its wallowing, day by day the tolls rises in lives devastated by our iniquities. Some may think it a sad joke, yet the reality is more than apparent to ones like these:
____________________

Schools Aided by Stimulus Money Still Facing Cuts

Out of Work, and Too Down to Search On

Steve Hebert for The New York Times
“You send out so much, and you don’t get responses. Then when you get called in, you’re treated like you’re too old.” RAY RUCKER, a 62-year-old former facilities manager from Overland Park, Kan. 
Published: September 7, 2009 
 
They were left out of the latest unemployment rate, as they are every month: millions of hidden casualties of the Great Recession who are not counted in the rate because they have stopped looking for work.

Living With Less
The Recession’s Impact
Faces, numbers and stories from behind the downturn.

Multimedia

Faces of the Uncounted UnemployedSlide Show

Faces of the Uncounted Unemployed

Michael F. McElroy for The New York Times
“There are thousands of people applying for every job I’m looking at.” RICK ALEXANDER, a master carpenter living in Florida
Michael Stravato for The New York Times
“I was just discouraged, fed up and angry, feeling like my career had betrayed me.” JENNY SALINAS, a manager turned stay-at-home mother in Houston 
But that does not mean these discouraged Americans do not want to be employed. As interviews with several of them demonstrate, many desperately long for a job, but their inability to find one has made them perhaps the ultimate embodiment of pessimism as this recession wears on.
Some have halted their job searches out of sheer frustration. Others have decided it makes more sense to become stay-at-home fathers or mothers, or to go back to school, until the job market improves. Still others have chosen to retire for now and have begun collecting Social Security or disability benefits, for which claims have surged.
Rick Alexander, a master carpenter in Florida who has given up searching after months of effort, said the disappointment eventually became unbearable.
“When you were in high school and kept asking the head cheerleader out for a date and she kept saying no, at some point you stopped asking her,” he said. “It becomes a ‘why bother?’ scenario.”
The official jobless rate, which garners the bulk of attention from politicians and the public, was reported on Friday to have risen to 9.7 percent in August. But to be included in that measure, which is calculated by the Bureau of Labor Statistics from a monthly nationwide survey, a worker must have actively looked for a job at some point in the preceding four weeks.
For an increasing number of people in this country who would prefer to be working, that is not the case.
It is difficult to assign an exact figure, because of limitations in the data collected by the bureau, but various measures that capture discouragement have swelled in this recession.
In the most direct measure of job market hopelessness, the bureau has a narrow definition of a group it classifies as “discouraged workers.” These are people who have looked for work at some point in the past year but have not looked in the last four weeks because they believe that no jobs are available or that they would not qualify, among other reasons. In August, there were roughly 758,000 discouraged workers nationally, compared with 349,000 in November 2007, the month before the recession officially began.
The bureau also has a broader category of jobless it calls “marginally attached to the labor force,” which includes discouraged workers as well as those who have stopped looking because of other reasons, like school, family responsibilities or health issues. But economists agree that many of these workers probably would have found a way to work in a good economy.
There were roughly 2.3 million people in this group in August, up from 1.4 million in November 2007. If the unemployment rate were expanded to include all marginally attached workers, it would have been 11 percent in August.
But even this figure is probably an undercount of the extent of the jobless problem in this country. There are about 1.4 million more people who are not in the labor force than when the recession began. Some of these are retirees, stay-at-home parents, people on disability and students. But it is also rather likely that many of these people have given up looking for work at least partly because of economic reasons as well.
Here are four people’s stories:
Rick Alexander: A Builder by Trade, With Too Much Time
In the worst case, Rick Alexander figured, he could scrounge up a job at Home Depot.
He was a master carpenter, after all. He had skills. He had run his own successful home-restoration business for 28 years.
In early 2008, however, he moved to Florida to take care of his ailing parents, leaving his business in Connecticut to his daughter.
After helping his parents into an assisted-living facility, he began applying for jobs. He devoted eight hours a day to the task, sometimes sending out three or four applications a day.
“It was a full-time job,” he said.
At first, he focused on jobs in construction, applying to be a site supervisor. He looked for anything within an hour’s commute of where he was living in Jensen Beach.
But the real estate industry had fallen off precipitously, bringing building to a near standstill. Mr. Alexander, 58, began branching out to suppliers, applying at lumberyards and other wholesalers. Eventually, he expanded his search to Home Depot, Lowe’s and mom-and-pop hardware stores. Finally, he began applying for “everything under the sun,” even the overnight shift at convenience stores.
By that summer, he had still received no callbacks for interviews. He went back to Connecticut for several weeks to do a renovation for an old client to earn some cash. When he returned to Florida in August 2008, he tried to start his own business, selling advertising on video displays mounted in coffee shops and other places.
He networked furiously with local businesses, but by then the economy had nose-dived. Mr. Alexander said he grossed a total of $150. He sank into a funk and stopped looking.
“There are thousands of people applying for every job I’m looking at, and potential employers won’t even give me the courtesy of acknowledging I applied,” he said. “The entirety of that causes me not to bother. It’s a waste of my time and theirs.”
He has applied to just two jobs this year, both several months ago. The unemployment rate in his area, Martin County, now exceeds 11 percent. After prodding from his companion, Dona Olinger, he went down to Home Depot a little over a month ago to re-activate his application there.
His savings are gone. He lives with Ms. Olinger, who makes $10 an hour as a volunteer coordinator at a food pantry, Harvest Food and Outreach Center, where they also get groceries every week. It is her salary that pays their rent.
Mr. Alexander’s parents have since moved out of the assisted-living facility and back into their home, so he tends to them most days. He reads Robert Ludlum novels. He sleeps. To fill his time, he is looking into volunteer work. The other day, he cut the grass on his small lawn using just a pair of clippers.
Ray Rucker: Feeling Counted Out With Years Still Left
Ray Rucker came home from a job interview several months ago, sat down in his living room with his suit still on and wept.
The meeting with the interviewer had lasted 10 minutes. The man did not even open a folder in front of him to study Mr. Rucker’s résumé. It was just “jibber jabber,” Mr. Rucker said later.
Mr. Rucker, who lives in Overland Park, Kan., had little doubt about what had happened. He is 62 years old and, as he puts it, “I look 62.”
He lost his job as a facilities manager for Starbucks in Kansas City and Wichita, Kan., last November, when the company closed hundreds of stores across the country. He had done similar work for years for other national restaurant chains and retail outlets.
He landed his first interview within a month, with a retail chain. He was invited back to talk to the vice president of operations and to the director of operations. He was also invited to meet with the company’s chief executive.
But as Mr. Rucker was finishing with the director of operations, she asked him straight out whether he was retiring soon. Shocked, Mr. Rucker answered, truthfully, that he planned to work at least 10 more years.
The meeting with the chief executive never came. Mr. Rucker said he thinks his interviewer simply did not believe he planned to continue working.
A month ago, he found a job posting that seemed tailored for him, a facilities manager for a national restaurant chain. He sent in his résumé and three days later got called for an interview. The company official said he was in a hurry to fill the position. But Mr. Rucker soon learned that this one, too, had slipped from his grasp.
“That’s the one when I kind of threw in the towel,” he said.
Mr. Rucker said he was done looking. His wife, who works at a small nonprofit organization, protested, saying there was more he could do to look.
“You don’t know what I’m going through,” Mr. Rucker said he told her.
“You send out so much, and you don’t get responses,” he said. “Then when you get called in, you’re treated like you’re too old. Why am I doing this?”
So he made an appointment with the local Social Security office to begin claiming benefits. He might try to get some kind of hourly job to help make ends meet. He has mapped out some home renovation projects he wants to do.
The Social Security checks will not equal even a third of what he used to make. But he is now preparing for semiretirement.
Jenny Salinas: From a Nonstop Career to a Focus on the Home
Jenny Salinas never envisioned being a stay-at-home mother, taking care of the children and keeping house. She was the one with the high-powered career, the six-figure salary, always jetting off to Russia or China.
She put her 5-year-old daughter, Mia, in day care when she was three months old. Mia got so used to her mother going away she would simply say, “Mommy’s on a trip,” and blow her kisses when she left.
But after searching unsuccessfully since January for a job, Mrs. Salinas, 37, said her priorities had shifted. She is now content to stay home and focus on her family. She and her husband are even talking about having more children.
“It’s just amazing how it changes your perspective on what’s important,” she said.
Mrs. Salinas had been a manager of corporate marketing and media relations at an oil and gas company in Houston, where she lives. She was so focused on her career, she said, that she never noticed her daughter had a lazy eye. Mrs. Salinas’s mother mentioned something to her, but only after Mrs. Salinas was laid off did she realize that her daughter needed to see an ophthalmologist.
“That’s how much I was on my BlackBerry,” Mrs. Salinas said.
Mrs. Salinas was initially confident that she would land somewhere quickly. She seemed to be doing well, too, scoring interview after interview for senior-level corporate marketing positions. But each of those prospects dried up, usually because of a hiring freeze or some other obstacle.
So, for the last two months, she has not looked at all. Partly, she has been busy, selling their old house, moving into a new one they are renting at half the monthly expense, seeing her daughter off to kindergarten.
She is helped by the fact that her husband, a vice president at an advertising agency, still has his job. After the couple realized that her job search might take time, they decided to cut back on their spending.
She has in mind a specific set of companies, but they are all still not hiring. Unwilling to settle for just any job, she said, she would rather bide her time.
But the process of searching for work and coming up empty has also left her feeling spent.
“I was just discouraged, fed up and angry, feeling like my career had betrayed me,” she said.
Her daughter used to be in day care or preschool from 7 a.m. to 6 p.m., but Mrs. Salinas began dropping her off later and picking her up earlier. Some days, they skip day care completely and while away the day together.
Tatjana Jovanovic-Grove: Moving From Serbia, Scraping By Online
Tatjana Jovanovic-Grove now occupies her days with arts and crafts projects. She makes a little money selling them online — $10 here, $50 there — but mostly it beats the sense of futility that used to envelop her each day during her quest to find a job.
“I stopped looking because that feeling of being rejected again and again is hard,” she said. “It’s just like somebody punching you in the face.”
Ms. Jovanovic-Grove, 41, has struggled to find work since she immigrated in late 2005 to the United States from her native Serbia, where she was a biology researcher at a prestigious research institute in Belgrade.
She had married an American, Doug Grove, 42, a Wal-Mart mechanic she met over the Internet. The couple initially lived in Glendale, Ariz., with their three children from previous marriages, but they moved to Winston-Salem, N.C., in late 2007.
They were attracted by the weather and the low crime rate. They also thought Ms. Jovanovic-Grove, who earned a master’s degree in Serbia in environmental protection and zoology, would have an easier time finding a job in an area rich with universities.
“I was really thinking I would have no problem,” she said.
The need for her to find work became more urgent after the couple took on thousands of dollars in additional debt after they turned their Arizona home over to a bank in lieu of a foreclosure settlement. They had been unable to sell it amid the state’s collapsing real estate market.
But aside from a few temporary jobs, Ms. Jovanovic-Grove has come up empty on everything from research assistant positions to retail jobs. Meanwhile, her husband’s hours at Wal-Mart, where he is paid a little more than $14 an hour, have been cut back.
In May, she stopped looking completely, concluding that the job market was saturated. Winston-Salem’s unemployment rate exceeded 10 percent.
“You figure out it’s just like when you toss a piece of meat at a pack of hungry cats,” she said. “I just gave up because I could not compete.”
Instead, she has turned to making wood handicrafts and selling them on Etsy.com, an online marketplace. The small payments she gets often mean she earns less than fifty cents an hour for her effort. But she reasoned it is better than wasting gas driving around applying for jobs she believes she cannot get.

Thursday, September 3, 2009

Do you have real faith, a belief, or a philosophy?

This is how the majority of church-going (and other) Americans see themselves and believe. They're skirting & skimming on the surface of their lives, never getting to the soul of the matter. No wonder they're ambivalent & apathetic to all that goes on around them, & why America has deteriorated so over these past generations. If you cannot or do not see & understand this, then you are part of the problem, not the solution.