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Discussion Forum : News and Current Events : Strong Delusions In This Generation

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rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

This is a commercial aired back in 2007 on who could qualify for a sub prime loan in Hungary.


http://www.youtube.com/watch?v=OjXl61uKq8c&feature=player_detailpage


Now we are told that the U.S. Banks were forced to lend to unqualified buyers. But as you can see, this sub prime lending scheme was world wide.


_________________
Jeff Marshalek

 2011/11/29 17:25Profile
rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

The Federal Reserve just printed more money to loan to the European Banking System...this is a small part of an article explaining who will be impacted by this action...


"In short, European banks were finding it too expensive to make dollar loans, which hurt their ability to lend dollars and encouraged them to sell euros. This depressed the value of the euro and restricted credit in Europe. The ECB arranged to borrow dollars more cheaply from the Fed, so it could ease this market.

So was is this some giant giveaway to profligate Europeans of US taxpayer money?

Not quite. In the first place, European banks are major lenders to the US corporate market. When they cannot participate in dollar loans to US companies, US credit also contracts. What’s more, these are loans to the ECB, which is unlikely to default. Finally, the Fed isn’t lending out “taxpayer dollars” at all. Rather, it is lending out newly created dollars at very low interest rates.

That doesn’t mean that US taxpayers are not risk here, of course. The new dollars have the potential to spark inflation—which could result in higher interest rates and higher taxes as the government combats inflation. But in the current economic environment, the risk of inflation is very slight. "




Please notice... "Rather, it is lending out newly created dollars at very low interest rates. "





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Jeff Marshalek

 2011/11/30 12:42Profile
rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

This speaks to the desire of man to rule over one another to his own hurt.


http://www.youtube.com/watch?feature=player_detailpage&v=MohcmiNz738


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Jeff Marshalek

 2011/12/1 9:20Profile









 Re:

Greed that causes men to take risky deals with people that have nothing to show for when they can't pay it back.

My bank offered me a $20,000 line of credit, a $7,000 low interest visa and they never asked me for one iota of how much I make, or if I had a car, owned my house or had land, nothing, "Sign on the dotted line sir".

Now that is risky business. You can't work that way.

 2011/12/1 9:37
rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

There is nothing new under the sun....


http://www.youtube.com/watch?feature=player_detailpage&v=bM2Ql3wOGcU


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Jeff Marshalek

 2011/12/1 18:15Profile
rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

This audio concerns the untold story of the financial collapse of MF Global. This happened last month, and there are very few headlines concerning the scope of this event.


http://www.netcastdaily.com/broadcast/fsn2011-1201-1.mp3


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Jeff Marshalek

 2011/12/2 18:19Profile
rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

Here is another story on the corruption that has permeated our country...

http://www.cbsnews.com/video/watch/?id=7390540n

http://www.cbsnews.com/video/watch/?id=7390542n


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Jeff Marshalek

 2011/12/5 12:27Profile
ginnyrose
Member



Joined: 2004/7/7
Posts: 7421
Mississippi

 Re:

Ok, so what can a body do about it?


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Sandra Miller

 2011/12/5 20:35Profile
dietolive
Member



Joined: 2007/6/29
Posts: 342


 Re: Ginny

Watch and see dear Sister... watch and see:

http://www.youtube.com/watch?v=sLtdFtSAmLw

God is doing something in the earth, even at this late hour, something that we may not even be able to believe, though a man should declare it unto us...

Love in Christ, and be well.
Doug

 2011/12/5 23:06Profile
rookie
Member



Joined: 2003/6/3
Posts: 4778


 Re:

ginnyrose asks:

"Ok, so what can a body do about it?"



Pro 1:10 My son, if sinners entice you, Do not consent.

Pro 1:11 If they say, "Come with us, Let us lie in wait to [shed] blood; Let us lurk secretly for the innocent without cause;

Pro 1:12 Let us swallow them alive like Sheol, [fn] And whole, like those who go down to the Pit;

Pro 1:13 We shall find all [kinds] of precious possessions, We shall fill our houses with spoil;

Pro 1:14 Cast in your lot among us, Let us all have one purse"--

Pro 1:15 My son, do not walk in the way with them, Keep your foot from their path;

Pro 1:16 For their feet run to evil, And they make haste to shed blood.

Pro 1:17 Surely, in vain the net is spread In the sight of any bird;

Pro 1:18 But they lie in wait for their [own] blood, They lurk secretly for their [own] lives.

Pro 1:19 So [are] the ways of everyone who is greedy for gain; It takes away the life of its owners.




This is one aspect we as the body must recognize...


_________________
Jeff Marshalek

 2011/12/6 12:20Profile





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