Monday, November 06, 2006
Argue to your Demise (10/22/06)
What is the good news, the gospel? There is a fraud bantered on this site so let me see if I can make it clear. All men have sinned including the self-righteous blowhards who want to perfect the crowd here. By sin comes death. This is the decree certain from God and the fodder for the heavenly accusers. God’s integrity and righteousness coming into question. Christ before Adam’s creation volunteered as the kinsman redeemer to satisfy the price sufficient to ransom the creation He wished to love but was walled off by His righteousness. God knowing He could trust Christ passed out residency cards to those who trusted Him and Christ trusted God to raise Him if He died in our stead. That is the faith to be modeled. It cannot be separated from obedience. Men in their carnal nature think they can keep God’s standard of righteousness foolishly. Thou shall not steal, thou shall love God with all your heart, etc. They steal the Lordship of God when they set themselves up as judge and jury over themselves and others. Of course they don’t condemn themselves, offer themselves grace, and have no shame arrogantly imposing upon God to perform. Christ faced down all these fools and their father the devil when once and for all He presented Himself as the propititory the redemption substance behind all the faith currency used in all time. God having accepted the sacrifice now views us through the Icon of Christ. One worth more than all of us put together has raised us up to His value and that is what God sees. Those haters who try to make the work of Christ cheap towards you are frauds, false prophets, and the spirit of God is not in them. You will know them by their fruit because it is theirs and not the fruit of Christ.
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9 comments:
funny the chevy commerical with the rhyme...."this is our country"....
haha...it hasnt been "our country" for a long time now....
J.P. Morgan's motto: "I never gamble."
on his investments...why could he say this? because if he invested in something, the fix was in and the competitor would be put out of business.
So called ex friends and Kurt bashers miss the point. Last year Hank Greenburg of AIG was left unscathed in a bond controversy, this past month, John Mack of Morgan Stanley was exonerated in a mutal fund fraud case involving Pequat Capital.This summer Frank Quattrone of CS First Boston was forgiven and reinstated with his brokerage license, free to run trade despite criminal conviction. Watch Dick Grasso of NYSE depart with his multi million retirement package even though the firm is (not for profit)organization. Between Washington DC and New York city, improper behavior and conviction are not a cause for dismissal or prosecution, they have become a job requirement and work like a calling caed. Bernie Ebbers (World Com), Jeff Skillings (Enron)and Dennis Kozlowski (Tyco)were not decendants from the Manhattan elite bloodline. For a real education read transcripts and details on the Enron corruption and exposure.JP Morgan was and still is the instructor who taught how to set up Special Purpose Entities, those offshore Caribbean shell companies which laundered money and kept criminal fraud activity hidden.JPM was the mentor to Enron, and knee deep in the corruption, but escaped scott free, except for a couple billion in losses.JPM is a partner to the US Govt and has been a trust servant scince the depression. They managed to lodge all the charges on the accounting side squarely against Arthur Anderson, which had zero US Govt connections. JPM thereby eliminated a strong competitor with AA.Now JPM has entered into accelerated energy contracts activity, again coming to the aid of the US Govt, with the overt cooperation of Goldman Sachs. GSax has been given the out sourced financal function for the US Govt operations. The merger of US Govt and top Corporations has grown increasingly intertwined, rendering collusion, manipulation and worse, fully above the law. See the impunity law passed earlier this year by Congress.
"Republics are created by the virtue, public spirit and intelligence of the citizens. They fall when the wise are banished from public councils,because they dare to be honest, and the profligates are rewarded because they flatter the people, in order to betray them"
Justice Joseph Story (1779-1845)US SUPREME COURT JUSTICE.
happy voting.
Kurt has "no shame arrogantly imposing upon God to perform."
The Doreanites "who try to make the work of Christ cheap towards you are frauds, false prophets, and the spirit of God is not in them. You will know them by their fruit because it is theirs and not the fruit of Christ."
papa_dont_preach said...
Imbigo, correction, that would be, "HELL TO THE NIZOO." Fo Sho.
;)
Papa Do Preach !!!!!!!!!!!!!!
From Bloomberg news "Never in the history of Wall St have so many earned so much in so little time. Goldman Sachs Group Inc,Morgan Stanley, Merrill Lynch & Co, Lehman Brothers Holdings Inc and Bear Stearns Co"s, are about to reward their 173,000 employees with $36 billion in bonuses. Thats a 30% increase from last years record, and it doesnt include the billions more that will paid by Citi Group Inc, Bank of America Corp and JP Morgan chase & Co, the three largest U.S. Banks, as well as the hundreds of Hedge Funds and private equity firms that constitute the financial industry."
Happy Voting
"...to those who show mercy, mercy shall be shown them; to those without mercy, ***MERCILESS*** shall be Gods judgment against them..."
merciless sinner: "LORD, I know that I have been a merciless sinner, but can You give me a break, for old times sake...?"
GOD: "SORRY, CHARLIE, CANT DO IT....SEE YA'..."
"Why get so worked up about a dead religion? When you can take "love thy neighbor" & twist it into "nuke the bastards for Jesus" you..."
YOU CANNOT KILL IN JESUS NAME.
YOU RIGHT! AMAZING HOW MANY PEOPLE BELEIVE THAT THIS CAN BE DONE. THEY ARE NOT CHRISTIANS.
FALSE ONES, BUT THEN AGAIN, THEY ARE (CHRISTIANS) IN "NAME ONLY" W/O THE HS INDWELLING IN THEM AND CAN EASILY FOOL THE OTHERS WHO CLAIM TO BE CHRISTIAN AS WELL.
AGAIN, LIKE ALL THE FOOLS IN CHURCH WHO PRAY FOR THE MILITARY!
LOLOLOLOLOLOLLLLLLLL!
"PLEASE GOD, PROTECT MY LOVE ONES WHILE THEY KILL OTHERS IN YOU NAME."
THE GOD THEY WORSHIP IS THE SAME GOD AS THOSE THAT THEY ARE TRYING TO KILL....THE ANGEL OF LIGHT...LUCIFER
SURE, THATS WHAT YESHUA WOULD HAVE DONE...KILL THOSE WHO WERE TRYING TO KILL HIM. RIGHT!?
GAO Chief Warns Economic Disaster Looms
By MATT CRENSON
AUSTIN, Texas (AP) - David M. Walker sure talks like he's running for office. ``This is about the future of our country, our kids and grandkids,'' the comptroller general of the United States warns a packed hall at Austin's historic Driskill Hotel. ``We the people have to rise up to make sure things get changed.''
But Walker doesn't want, or need, your vote this November. He already has a job as head of the Government Accountability Office, an investigative arm of Congress that audits and evaluates the performance of the federal government.
Basically, that makes Walker the nation's accountant-in-chief. And the accountant-in-chief's professional opinion is that the American public needs to tell Washington it's time to steer the nation off the path to financial ruin.
From the hustings and the airwaves this campaign season, America's political class can be heard debating Capitol Hill sex scandals, the wisdom of the war in Iraq and which party is tougher on terror. Democrats and Republicans talk of cutting taxes to make life easier for the American people.
What they don't talk about is a dirty little secret everyone in Washington knows, or at least should. The vast majority of economists and budget analysts agree: The ship of state is on a disastrous course, and will founder on the reefs of economic disaster if nothing is done to correct it.
There's a good reason politicians don't like to talk about the nation's long-term fiscal prospects. The subject is short on political theatrics and long on complicated economics, scary graphs and very big numbers. It reveals serious problems and offers no easy solutions. Anybody who wanted to deal with it seriously would have to talk about raising taxes and cutting benefits, nasty nostrums that might doom any candidate who prescribed them.
``There's no sexiness to it,'' laments Leita Hart-Fanta, an accountant who has just heard Walker's pitch. She suggests recruiting a trusted celebrity - maybe Oprah - to sell fiscal responsibility to the American people.
Walker doesn't want to make balancing the federal government's books sexy - he just wants to make it politically palatable. He has committed to touring the nation through the 2008 elections, talking to anybody who will listen about the fiscal black hole Washington has dug itself, the ``demographic tsunami'' that will come when the baby boom generation begins retiring and the recklessness of borrowing money from foreign lenders to pay for the operation of the U.S. government.
``He can speak forthrightly and independently because his job is not in jeopardy if he tells the truth,'' said Isabel V. Sawhill, a senior fellow in economic studies at the Brookings Institution.
Walker can talk in public about the nation's impending fiscal crisis because he has one of the most secure jobs in Washington. As comptroller general of the United States - basically, the government's chief accountant - he is serving a 15-year term that runs through 2013.
This year Walker has spoken to the Union League Club of Chicago and the Rotary Club of Atlanta, the Sons of the American Revolution and the World Future Society. But the backbone of his campaign has been the Fiscal Wake-up Tour, a traveling roadshow of economists and budget analysts who share Walker's concern for the nation's budgetary future.
``You can't solve a problem until the majority of the people believe you have a problem that needs to be solved,'' Walker says.
Polls suggest that Americans have only a vague sense of their government's long-term fiscal prospects. When pollsters ask Americans to name the most important problem facing America today - as a CBS News/New York Times poll of 1,131 Americans did in September - issues such as the war in Iraq, terrorism, jobs and the economy are most frequently mentioned. The deficit doesn't even crack the top 10.
Yet on the rare occasions that pollsters ask directly about the deficit, at least some people appear to recognize it as a problem. In a survey of 807 Americans last year by the Pew Center for the People and the Press, 42 percent of respondents said reducing the deficit should be a top priority; another 38 percent said it was important but a lower priority.
So the majority of the public appears to agree with Walker that the deficit is a serious problem, but only when they're made to think about it. Walker's challenge is to get people not just to think about it, but to pressure politicians to make the hard choices that are needed to keep the situation from spiraling out of control.
To show that the looming fiscal crisis is not a partisan issue, he brings along economists and budget analysts from across the political spectrum. In Austin, he's accompanied by Diane Lim Rogers, a liberal economist from the Brookings Institution, and Alison Acosta Fraser, director of the Roe Institute for Economic Policy Studies at the Heritage Foundation, a conservative think tank.
``We all agree on what the choices are and what the numbers are,'' Fraser says.
Their basic message is this: If the United States government conducts business as usual over the next few decades, a national debt that is already $8.5 trillion could reach $46 trillion or more, adjusted for inflation. That's almost as much as the total net worth of every person in America - Bill Gates, Warren Buffett and those Google guys included.
A hole that big could paralyze the U.S. economy; according to some projections, just the interest payments on a debt that big would be as much as all the taxes the government collects today.
And every year that nothing is done about it, Walker says, the problem grows by $2 trillion to $3 trillion.
People who remember Ross Perot's rants in the 1992 presidential election may think of the federal debt as a problem of the past. But it never really went away after Perot made it an issue, it only took a breather. The federal government actually produced a surplus for a few years during the 1990s, thanks to a booming economy and fiscal restraint imposed by laws that were passed early in the decade. And though the federal debt has grown in dollar terms since 2001, it hasn't grown dramatically relative to the size of the economy.
But that's about to change, thanks to the country's three big entitlement programs - Social Security, Medicaid and especially Medicare. Medicaid and Medicare have grown progressively more expensive as the cost of health care has dramatically outpaced inflation over the past 30 years, a trend that is expected to continue for at least another decade or two.
And with the first baby boomers becoming eligible for Social Security in 2008 and for Medicare in 2011, the expenses of those two programs are about to increase dramatically due to demographic pressures. People are also living longer, which makes any program that provides benefits to retirees more expensive.
Medicare already costs four times as much as it did in 1970, measured as a percentage of the nation's gross domestic product. It currently comprises 13 percent of federal spending; by 2030, the Congressional Budget Office projects it will consume nearly a quarter of the budget.
Economists Jagadeesh Gokhale of the American Enterprise Institute and Kent Smetters of the University of Pennsylvania have an even scarier way of looking at Medicare. Their method calculates the program's long-term fiscal shortfall - the annual difference between its dedicated revenues and costs - over time.
By 2030 they calculate Medicare will be about $5 trillion in the hole, measured in 2004 dollars. By 2080, the fiscal imbalance will have risen to $25 trillion. And when you project the gap out to an infinite time horizon, it reaches $60 trillion.
Medicare so dominates the nation's fiscal future that some economists believe health care reform, rather than budget measures, is the best way to attack the problem.
``Obviously health care is a mess,'' says Dean Baker, a liberal economist at the Center for Economic and Policy Research, a Washington think tank. ``No one's been willing to touch it, but that's what I see as front and center.''
Social Security is a much less serious problem. The program currently pays for itself with a 12.4 percent payroll tax, and even produces a surplus that the government raids every year to pay other bills. But Social Security will begin to run deficits during the next century, and ultimately would need an infusion of $8 trillion if the government planned to keep its promises to every beneficiary.
Calculations by Boston University economist Lawrence Kotlikoff indicate that closing those gaps - $8 trillion for Social Security, many times that for Medicare - and paying off the existing deficit would require either an immediate doubling of personal and corporate income taxes, a two-thirds cut in Social Security and Medicare benefits, or some combination of the two.
Why is America so fiscally unprepared for the next century? Like many of its citizens, the United States has spent the last few years racking up debt instead of saving for the future. Foreign lenders - primarily the central banks of China, Japan and other big U.S. trading partners - have been eager to lend the government money at low interest rates, making the current $8.5-trillion deficit about as painful as a big balance on a zero-percent credit card.
In her part of the fiscal wake-up tour presentation, Rogers tries to explain why that's a bad thing. For one thing, even when rates are low a bigger deficit means a greater portion of each tax dollar goes to interest payments rather than useful programs. And because foreigners now hold so much of the federal government's debt, those interest payments increasingly go overseas rather than to U.S. investors.
More serious is the possibility that foreign lenders might lose their enthusiasm for lending money to the United States. Because treasury bills are sold at auction, that would mean paying higher interest rates in the future. And it wouldn't just be the government's problem. All interest rates would rise, making mortgages, car payments and student loans costlier, too.
A modest rise in interest rates wouldn't necessarily be a bad thing, Rogers said. America's consumers have as much of a borrowing problem as their government does, so higher rates could moderate overconsumption and encourage consumer saving. But a big jump in interest rates could cause economic catastrophe. Some economists even predict the government would resort to printing money to pay off its debt, a risky strategy that could lead to runaway inflation.
Macroeconomic meltdown is probably preventable, says Anjan Thakor, a professor of finance at Washington University in St. Louis. But to keep it at bay, he said, the government is essentially going to have to renegotiate some of the promises it has made to its citizens, probably by some combination of tax increases and benefit cuts.
But there's no way to avoid what Rogers considers the worst result of racking up a big deficit - the outrage of making our children and grandchildren repay the debts of their elders.
``It's an unfair burden for future generations,'' she says.
You'd think young people would be riled up over this issue, since they're the ones who will foot the bill when they're out in the working world. But students take more interest in issues like the Iraq war and gay marriage than the federal government's finances, says Emma Vernon, a member of the University of Texas Young Democrats.
``It's not something that can fire people up,'' she says.
The current political climate doesn't help. Washington tends to keep its fiscal house in better order when one party controls Congress and the other is in the White House, says Sawhill.
``It's kind of a paradoxical result. Your commonsense logic would tell you if one party is in control of everything they should be able to take action,'' Sawhill says.
But the last six years of Republican rule have produced tax cuts, record spending increases and a Medicare prescription drug plan that has been widely criticized as fiscally unsound. When President Clinton faced a Republican Congress during the 1990s, spending limits and other legislative tools helped produce a surplus.
So maybe a solution is at hand.
``We're likely to have at least partially divided government again,'' Sawhill said, referring to predictions that the Democrats will capture the House, and possibly the Senate, in next month's elections.
But Walker isn't optimistic that the government will be able to tackle its fiscal challenges so soon.
``Realistically what we hope to accomplish through the fiscal wake-up tour is ensure that any serious candidate for the presidency in 2008 will be forced to deal with the issue,'' he says. ``The best we're going to get in the next couple of years is to slow the bleeding.''
10/28/06 21:32 © Copyright The Associated Press. All rights reserved. The information contained In this news report may not be published, broadcast or otherwise distributed without the prior written authority of The Associated Press.
So to all of you that think that the Bank's,Feds and the Government spending for eveything that pop's up and look's like it could be in need of our unwanted unasked for and unapproved by the people help
(more like our way of thinking)
(As in they just side steped the hole point of having a congress and all if there not going to tell us the truth and it's all just a big show put on when there going to get the money anyway)
If this guy say's were in trouble than you just might want to hear it. the facys are clear and the banks are of no concern any more what you think . There going to do what ever they like and they don't give to bites what you say about it .If you get to uppity then they shut you down. get real out of hand and thell lock you up. and try to exposs them and get poeple to see it in large number that might be able to shut them down! They will just make you gone , either by jail, reput. or death , you will be silenced know doubt about it. You will stop and be shut up if you eve reach a point were people in this country are shown and understand then group up enough to make a diff.
The rest of the world is just laughing there asses off at us and how stupid we all are to not see the going's on in the baking.
You might say this in responce "then why do they come here by the thousands to live .
what's there chose live in some poor 3 world country just tring to find enought to get by and eat or com here and take well the takeing is good ( don't forget the banks are mpre than happy to let you get into debt) or how about live in some country that is rule by one and your told just how to think and what you can and can't say ( yet there are some there that are laughing to )
or any one of many resones to come here and get what you can well everyone is feed by the banks who sell it offto these counrtys anyway and in the end who win's? the bank's that's who.
you don't get to be the richest people in the world by sitting there doing nothing and thats not in dispute who made the fed res. banks here so what make everyone so stupid here any way tou might say . the power of thebanks and their need to keep most of us in the dark so that they can keep taking . Oh thell have know problem letting us in on their little game once their done and all the gold or anything else that is worth it is gone gone gone they are all ready working on their next move (and you just saw 8 years of it in the making. so you bet from the out side it's got to look funny . We spend like mad we keep going up up up with no sign of stoping we have a work force that is more concerned with withch car to take and if they can take fri. off evey other week than if they have work and it goes up up up . we are spoiled and have been lead like sheep to this just picture your self living in some country and looking at us with out have the news that covers thing up with abunch of crap so you don't see the truth . how does this country look from the out side in when we are so streached thin in ore resorces that we can't even handle something like the hurrican and the needed after math . (There sould be more people screaming loud at what happened with that and what the hell is going on when we have to hire at a cost of 1.7 bil. men from a compant that supplies protection for a cost of 300.00 per day for 300 men you do the math and these are for N.O . well it's being rebuilt to protect it from gangs and the like going in there for the next three years. how about the armed guard where are they how about training the one's out of work that live there ?
this from the out side along with countless other things show us to be fools and we cansee it to sabe our live s and this country . lust look at what it takes to get people on here to understand anything and take their out of the ass long enough to see that it's not just about dorean and or one thing it's about you getting an idea of what is the truth and stand up and stop the banks from taking everything .. LIKE YOUR HOUSE THAT IF THE ONES THAT LOST THE WOULD JUST ADMIT IT THEY WERE GOING TO LOSE THEM ANYWAY BEFORE THEY GOT STARTED WITH DOREAN. CUZ WHY WOULD'NTYOU BE OFTHE MIND WHEN GETTING IN THIS TO PUT THE MONEY THAT YOU WOULD BE PAYING THAT MORTGAGE AWAY SO IF THERE WAS A PROBLEM YOU JUST GET IT OUT AND WHAM! SLAP IT ON THE BANK AND GUESS WHAT ? THE BANKS TAKE IT AS THE ONLY CARE ABOUT THE MONEY AND YOU KEEP LIVING AS YOU WERE BEFORE MAYBE ALIITLE WORK TO PUT THE PAPERS BACK IF YOU WANT BUT THAT IS IT. HOW ABOUT THAT YOU DONT LOSE YOU HOUSE. hey but don't worry you won't be alone for to long cus the banks ar'nt done yet
WAKE UP PEOPLE! YOUR ABOUT TO MAKE HISTORY , BUT NOT IN A GOOD WAY.
economic disaster looms???
its been loomin' since 1913.
how can a technically "bankrupt" country face economic disaster?
more distractions form you local sponsor....the gub
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