Middle-Class Death Spiral: Consumers Have Never Been In More Debt, And Bankruptcies Are Surging

Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and extols the virtue of not going into debt, but does not forbid debt. The Bible has harsh words of condemnation for lenders who abuse those who are bound to them in debt, but it does not condemn the debtor. This wasn’t supposed to happen.  During the relative economic stability of the past few years, the middle class was supposed to experience a resurgence, but instead, it has just continued to be hollowed out.  The cost of living has risen much faster than wages have, and…

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A Bank with 49 Trillion Dollars in Exposure to Derivatives Is Melting down Birth Pains

Deutsche Bank collapses, it could take a whole lot of others down with it at the same time.  According to Wall Street On Parade, the bank had 49 trillion dollars in exposure to derivatives as of the end of last year… The Bible describes sinful humanity as corrupt: “The fool says in his heart, ‘There is no God.’ They are corrupt, their deeds are vile; there is no one who does good. The LORD looks down from heaven on all mankind to see if there are any who understand, any who seek God. All have turned away, all have become corrupt; there is no one who does good, not even one (Psalm 14:1–3; see also Psalm 53:1–3; Isaiah 1:4). In the Old Testament, corruption can refer to literal, physical decay (Job 17:14; Psalm 16:10), but, most often, corruption is used figuratively for moral corruption and depravity (Exodus 32:7; Hosea…

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Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day, Birth Pains

A bank run occurs when a large number of people withdraw their money from a bank because they believe the bank may cease to function in the near future. Paul, too, described the Tribulation as birth pains. First Thessalonians 5:3 says, “While people are saying, ‘Peace and safety,’ destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape.” This event follows the Rapture and the removal of the Church, in 4:13-18. In 5:9, Paul reemphasizes the absence of the Church from this time period by saying, “For God has not destined us for wrath, but for obtaining salvation through our Lord Jesus Christ.” The wrath spoken of here is God’s judgment on the unbelieving world and His discipline of Israel during the Tribulation. There is a reason James Simons’ RenTec is the world’s best-performing…

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Injustice: Banks and Corrupt Courts-a Form Of Bondage And Oppression For The American People

Corruption Is a State of Decay, Without God There “No Justice” The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23). Justice is foundational to God’s throne (Psalm 89:14), and God does not approve of partiality, whether we are talking about a weighted scale or an unjust legal system (Leviticus 19:15). There are many other verses, in both Old and New Testaments, that give us an idea of God’s distaste for injustice (2 Chronicles 19:7; Job 6:29; 11:14; Proverbs 16:8; Ezekiel 18:24; Romans 9:14). Corruption is a state of decay, pollution, or incorrectness. In the Bible, corruption is one of…

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Child trafficking? Following the big money across the globe, banks are involved

HNewsWire-Child trafficking, following the big money across the globe, “Banks”: Crime pays asks any banker, that’s why it continues. And nothing pays as well as selling human beings, especially children…. Human Trafficking Monies in the Community Banks: Banks Child trafficking isn’t just some sick illness: it’s a global, profitable business and banks take the money from this DirtBags, this simple fact is too often overlooked by the scramble to blame evil individuals, whether “Lizard-like banks and Royals” or child-raping priests and popes, for the systematic slaughter of vast numbers of innocents. The Catholic church is clearly the largest baby trafficker in human history, making billions each year by selling catholic newborns to orphanages, foster agencies and undisclosed parties. In Spain alone, 300,000 children were trafficked by the church between 1940 and 1980, reaping over $20 billion. (See ICLCJ testimony of Antonio…

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The Collapse of the Banking System

False apostles are motivated by their greed, lust, or power. Second Timothy 3:1–8 describes such teachers in more detail: “But mark this: There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, treacherous, rash, conceited, lovers of pleasure rather than lovers of God—having a form of godliness but denying its power. Have nothing to do with such people. “They are the kind who worm their way into homes and gain control over gullible women, who are loaded down with sins and are swayed by all kinds of evil desires, always learning but never able to come to a knowledge of the truth. Just as Jannes and Jambres opposed Moses, so also these teachers…

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Banks Do Not Always Command The Public’s Trust

Banks are running out of time to regain public trust Isaiah lived in a time when Judah was struggling under the weight of injustice: “Justice is driven back, / and righteousness stands at a distance; / truth has stumbled in the streets, honesty cannot enter. / Truth is nowhere to be found, / and whoever shuns evil becomes a prey. / The LORD looked and was displeased / that there was no justice” (Isaiah 59:14–15). God’s message for them was simple: “Learn to do right; seek justice. / Defend the oppressed. / Take up the cause of the fatherless; / plead the case of the widow” (Isaiah 1:17). Later, God tells them to “loose the chains of injustice” (Isaiah 58:6; cf. Psalm 82:3), indicating that injustice is a form of bondage and oppression. Corrupt bank scandals are magnified by each other,…

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Banks Make The Dirty Money Appear To Be Legitimate

Narcissism is the term used in psychology to describe a preoccupation with self. It is a Greek term taken from the name of the mythological Narcissus, who fell in love with his own image and was doomed to die because he would not turn away from it. A narcissist is a person who displays a high level of selfishness, vanity, and pride. He sees everything from a “how does this affect me?” perspective. Empathy is impossible for the narcissist because his only perspective is the one centered on self. In psychology, narcissism is seen as a broad spectrum of conditions ranging from normal to pathological. You’re a criminal with millions of dollars in ill-gotten gains but one big problem: Transferring slugs of money or carrying suitcases of cash will raise eyebrows. You need to “launder” the dough — make the dirty…

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Follow The Money- The Bankers Do, One Banker Arrested In This Sex Solicitation Sting

The Banker,money whores, greedy,” Narcissists” they are involved in every illicit money transaction in the world, including selling children, check with your banker to make sure they’re not prostituting children. Greed is a strong and selfish desire to have more of something, most often money or power. There are many warnings in the Bible about giving in to greed and longing for riches. Jesus warned, “Watch out! Be on your guard against all kinds of greed; a man’s life does not consist in the abundance of his possessions” (Luke 12:15). “Do not store up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal… You cannot serve both God and money” (Matthew 6:19, 24b). Did Jesus pursue the acquisition of money? No. On the contrary, He became poor for our sake (2 Corinthians 8:9)…

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The Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.

Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and extols the virtue of not going into debt, but does not forbid debt. The Bible has harsh words of condemnation for lenders who abuse those who are bound to them in debt, but it does not condemn the debtor. Some people question the charging of any interest on loans, but several times in the Bible we see that a fair interest rate is expected to be received on borrowed money (Proverbs 28:8; Matthew 25:27). In ancient Israel the Law did prohibit charging interest on one category…

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