Proverbs 22:3 NLT

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.

-- (((Charles Finney, said the following: “If
there is a decay of conscience, the pulpit is responsible for it))) --


THOSE WHO WILL DO NOTHING NOW, WHEN IT COSTS THEM LITTLE - WILL DO EVEN LESS LATER, WHEN IT COST THEM EVEN MORE


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X22 Report is a daily show that will cover issues surrounding the economic collapse

Friday, July 31, 2015

Obama hides nuke deal docs from public... / Debt Crisis Breeds Crime Wave as Greeks Hide Wealth... / Detroit teachers livid as they go unpaid... / ◾Teen Shot Montana Family Who Stopped Near Crow Nation Indian Reservation To Help Him / Sharp rise in number of RAF planes scrambled to face down Russian jets revealed / 4th Planned Parenthood video shows clinic staff knowingly flouting laws / Los Angeles passes law banning large-capacity gun magazines / It’s Official: US Terror Threat not Islamist, Only ‘Extremist’ / Economics 101: Wal-Mart Hikes Minimum Wages, Prepares To Fire 1000 / HOT NEWS!!!!---->>>>Get ready: Puerto Rico is likely to default August 1 / Recovery? It Missed Consumer - Bubbles Reform in Global Markets

-Isaiah 26:20-21New King James Version (NKJV)

Take Refuge from the Coming Judgment

20 Come, my people, enter your chambers,
And shut your doors behind you;
Hide yourself, as it were, for a little moment,
Until the indignation is past.
21 For behold, the Lord comes out of His place
To punish the inhabitants of the earth for their iniquity;
The earth will also disclose her blood,
And will no more cover her slain



MIGRANT SIEGE CONTINUES IN UK...

Swarm Causing Crisis at Eurotunnel...

Cameron promises more security fencing, sniffer dogs...
Tent Cities Test Germany's Resolve to Support Swell of Refugees...
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Obama hides nuke deal docs from public... - “This is the administration that once said it would be the most transparent administration in history. They’re not acting like it.”

Calls on activists to mobilize...

Wise-cracking celebrities endorse...

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Cable installer finds decomposed baby in crib...
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Police officers patrolled in Athens on Tuesday. Reports of burglaries and robberies in Greece were on the rise for the first six months of the year, suggesting that hidden valuables in homes have become enticing targets for thieves. Credit Eirini Vourloumis for The New York Times   
     Debt Crisis Breeds Crime Wave as Greeks Hide Wealth...
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Detroit teachers livid as they go unpaid...
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TRUMP MANIFESTO TO HIT STREET ON SAME DAY AS DEBATE...
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FACEBOOK WEB DRONE READY FOR LIFT OFF... 
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 Chinese factory replaces 90% of humans with robots...

Production soars...

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We've Become The Disintegrating Dis-United States Of America - And All The Exit Doors Are Closing


1. Those that talk about “individual liberties”
2. Those that advocate for states’ rights
3. Those that want “to make the world a better place”
4. “The colonists who sought to free themselves from British rule”
5. Those that are interested in “defeating the Communists”
6. Those that believe “that the interests of one’s own nation are separate from the interests of other nations or the common interest of all nations”
7. Anyone that holds a “political ideology that considers the state to be unnecessary, harmful,or undesirable”
8. Anyone that possesses an “intolerance toward other religions”
9. Those that “take action to fight against the exploitation of the environment and/or animals”
10. “Anti-Gay”
11. “Anti-Immigrant”
12. “Anti-Muslim”
13. “The Patriot Movement”
14. “Opposition to equal rights for gays and lesbians”
15. Members of the Family Research Council
16.Members of the American Family Association
17. Those that believe that Mexico, Canada and the United States “are secretly planning to merge into a European Union-like entity that will be known as the ‘North American Union'”
18. Members of the American Border Patrol/American Patrol
19. Members of the Federation for American Immigration Reform
20. Members of the Tennessee Freedom Coalition
21. Members of the Christian Action Network
22. Anyone that is “opposed to the New World Order”
23. Anyone that is engaged in “conspiracy theorizing”
24. Anyone that is opposed to Agenda 21
25. Anyone that is concerned about FEMA camps
26. Anyone that “fears impending gun control or weapons confiscations”
27. The militia movement
28. The sovereign citizen movement
29. Those that “don’t think they should have to pay taxes”
30. Anyone that “complains about bias”
31. Anyone that “believes in government conspiracies to the point of paranoia”
32. Anyone that “is frustrated with mainstream ideologies”
33. Anyone that “visits extremist websites/blogs”
34. Anyone that “establishes website/blog to display extremist views”
35. Anyone that “attends rallies for extremist causes”
36. Anyone that “exhibits extreme religious intolerance”
37. Anyone that “is personally connected with a grievance”
38. Anyone that “suddenly acquires weapons”
39. Anyone that “organizes protests inspired by extremist ideology”
40. “Militia or unorganized militia”

41. “General right-wing extremist”
42. Citizens that have “bumper stickers” that are patriotic or anti-U.N.
43. Those that refer to an “Army of God”
44. Those that are “fiercely nationalistic (as opposed to universal and international in orientation)”
45. Those that are “anti-global”
46. Those that are “suspicious of centralized federal authority”
47. Those that are “reverent of individual liberty”
48. Those that “believe in conspiracy theories”
49. Those that have “a belief that one’s personal and/or national ‘way of life’ is under attack”
50. Those that possess “a belief in the need to be prepared for an attack either by participating in paramilitary preparations and training or survivalism”
51. Those that would “impose strict religious tenets or laws on society (fundamentalists)”
52. Those that would “insert religion into the political sphere”
53. Anyone that would “seek to politicize religion”
54. Those that have “supported political movements for autonomy”
55. Anyone that is “anti-abortion”
56. Anyone that is “anti-Catholic”
57. Anyone that is “anti-nuclear”
58. “Rightwing extremists”
59. “Returning veterans”
60. Those concerned about “illegal immigration”
61. Those that “believe in the right to bear arms”
62. Anyone that is engaged in “ammunition stockpiling”
63.Anyone that exhibits “fear of Communist regimes”
64. “Anti-abortion activists”
65. Those that are against illegal immigration
66. Those that talk about “the New World Order” in a “derogatory” manner
67. Those that have a negative view of the United Nations
68. Those that are opposed “to the collection of federal income taxes”
69. Those that supported former presidential candidates Ron Paul, Chuck Baldwin and Bob Barr
70. Those that display the Gadsden Flag (“Don’t Tread On Me”)
71. Those that believe in “end times” prophecies
72. Evangelical Christians
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jorah shane
A man posing as a stranded driver convinced a family to stop along the road of a Montana Indian reservation – and then allegedly pulled out his gun and shot the entire family. Jesus Deniz Mendoza, 18, (also known as Jesus Deniz) demanded money from the Shane family and began firing his gun as the daughter, Jorah Shane, 26, was ordered to run, by her mother.

Read more at http://www.inquisitr.com/2297293/teen-shot-montana-family-who-stopped-near-crow-nation-indian-reservation-to-help-him/#uYTFJV9RI8DET6Ky.99
Teen Shot Montana Family Who Stopped Near Crow Nation Indian Reservation To Help Him
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Judge explodes over Hillary email delays A district court judge says he can't understand why the State Department dragged its feet responding to Freedom of Information Act requests.
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The Energy Layoffs Resume: Shell Fires 6,500, Whiting Cuts 2015 Budget 2 Weeks After Raising It Zero Hedge - Yesterday it was US and Italian energy giants Chevron and Saipem which announced a total of over 10,000 new job cuts in the aftermath of oil sliding back under $50 and resuming its downward trend. Today, we got more confirmation of this when Royal Dutch Shell, still basking in the glow of its proposed $70 billion mega-acquisition of BG Group, announced it would axe 6,500 jobs this year and step up spending cuts, responding to an extended period of lower oil prices which contributed to a 37 percent drop in the oil and gas group's second-quarter profits.
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Sharp rise in number of RAF planes scrambled to face down Russian jets revealed The number of times RAF fighters have been scrambled to face down Russian jets over Eastern Europe has dramatically increased, it emerged today. News of the spike in activity on Nato’s borders comes as new pictures were released showing Typhoons intercepting Russian fighters last week. The Ministry of Defence images taken last Friday show RAF
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CHINA STOCK MARKET BUBBLE – Tanks 8% in One Day. Elite Changing The Rules. Total Collapse Near?g
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Get ready: Puerto Rico is likely to default August 1


Puerto Rico May Default on Aug 1, 2015 US Territory - which US State will fall after them, be ready! (((The commonwealth needs to make a $58 million debt payment by August 1, but top Puerto Rican government officials say that they don't have the money to pay.


"We believe the probability of a default is approaching 100%," says Ted Hampton, a senior analyst at Moody's who covers Puerto Rican bonds.
The August 1 payment is a very small part of the commonwealth's $70 billion in outstanding debt. That doesn't bode well for the rest of the debt.  ))))
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Recovery? It Missed Consumer
The Obama Administration has stood firm on two points over the past six years. The first is the recession is over but "folks just aren't feeling it yet" and the second is "We've created 12.8 million jobs."

Therefore, three reports this week were cause for alarm when combined, even though they were generally ignored by the MSM.

Yale economist Stephen Roach produced the first when he claimed the U.S. was still in a balance sheet recession. A balance sheet recession is where consumers don't spend money in growth productively but use extra cash to save or pay down debt. Nowhere in Roach's analysis is there any mention of dwindling discretionary income, instead he puts the blame for the balance sheet recession effects squarely on the reluctance of "consumers' unwillingness to spend money and enable the economy to fully recover from the last financial crisis."

Shortly after he released his analysis, Pew Research released a survey in which it had 'found' millennials (ages 18-34) are more likely to be living with relatives than they were before the Great Recession "because the jobs market has failed to rebound fully." The survey found wages for this group had increased a whopping $27 per week on average since 2012 (it carefully avoided looking at wages in 2007 for the group) and that, despite this 5% increase in pay and the 'jobs rebound", the number of on-their-own young adults had declined from 42.7 to 42.2 million since 2007. This survey left some direct, unanswered problems which we'll talk about later.

The third report came from Alan Greenspan, the ex-Fed Chairman. In his analysis Greenspan warns government spending is "extremely dangerous to the future of the U.S. economy. "The discussion today should not be on monetary policy but on how we constrain the extraordinary rise in entitlement spending. We are in a period that is some form of secular stagnation, specifically we've got a strong and growing labor market but productivity growth is extraordinarily low." That statement alone proves Greenspan should consider full retirement because, when compared to the other two reports, he is the only one seeing a strong labor market.

But Roach and Greenspan both agree government spending is slowly erasing consumer spending as the driving force in the economic activity. It true, how does one consider this a capitalist market any longer? It is squarely a socialist market by definition and therefore laid squarely at the feet of the Administration.
Greenspan had a brief allusion to the reason for excessive government spending now is directly attributable to the current Administration.

Without this "excessive entitlement spending" by the government, how is the Federal Reserve's goal of 2% growth actually faring? Refer back to the Pew survey for a critical clue.

Millennials, currently numbering 63.3 million and 5% more than there were in 2007, are the ones establishing households in a normal recovery period. This means they are the ones actively seeking employment, buying furnishings for their growing families and providing a boost to consumer spending. What facts we find in the Pew poll are distressing and, when put in context of the Bureau of Labor Statistics' reports, economically eviscerating for the foreseeable future.

Unemployment for millennials this year is running at 7.7 percent, meaning it is more than 2% above the average as a whole. But what Pew didn't talk about is the percentage of young adults not counted by the BLS in the workforce and the decline, overall, in the weekly income analysis for them.

BLS does not count as in the workforce 8.7% of the millennials because 'they are still in school.' If the young adult is both in school and has a job of any kind, the BLS counts them as employed but still not in the workforce (thus the declining unemployment figure which merely divides total jobs by the total workforce available).

What is even more harmful to Roach's assessment is the total income for the millennial group, despite the increase in pay for those working, has declined on a weekly basis. The millennials earned $30.85 billion weekly in 2012. Today, even with that $27 increase, the figure has dropped to $30.36 billion. This is decline is not limited to the young adult category but is spread across the entire population. So while he blames consumers for not spending money he doesn't answer how the consumer is to accomplish this fact with less disposable dollars coming into his reach. 

The question for Roach then becomes, "How can the consumer be expected to spend dollars that are no longer available, particularly when mandatory healthcare costs have risen, government services like utilities, energy and the like have increase much more than the 5% increase in wages?" Then toss is Greenspan's assertion government spending is becoming excessive.

That's the conundrum.

Barry Sotero has one thing right in his position. While the recovery might be 'doing well' Americans "definitely haven't felt it yet" Seems like that was the theme of his 2012 campaign. Now, three years after the campaign, Main Street still isn't "feeling it." What's worse, none of the politicians currently looking at the looming vacancy on Pennsylvania Avenue, haven't answered that either.

But it is there Greenspan did set things right. "What's disturbing to me is not what I'm hearing but not hearing. Neither Republicans nor Democrats want to touch entitlements. They've concluded these are essentially the third rail of American politics. You touch them and you lose."

Maybe. But with the vast majority not "feeling any economic recovery" this should be the time for one of the declared group to dive in. In the dog days of the political race that are upon us, that would be refreshing relief from mundane rhetoric.

"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson
http://godsdestiny.org/destiny_christian_center3_011.htm
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Bubbles Reform in Global Markets


The unemployment number continues to look very, very good. In fact the number from a week ago hit a 41-year low for initial jobless claims. Don't be fooled, trouble lies ahead.





Even in the manipulated, finagled numbers the government usually provides, the number from July 18 was probably still overstated in the number of first-time claims. Even so, Gerald Ford had just replaced Richard Nixon the last time the number was this low.





The Wall Street Examiner's editor, Lee Adler, had some disturbing news after his analysis of the jobless market. "The mainstream media is reporting this as if the record low is something new. That's because they only look at the seasonally-adjusted fictitious data only. The actual, not seasonally-finagled number has been at a record low since September 2013."





That's where the problem comes in. Because of the vast number of Americans who have left the workforce and are now mostly dependent on the government for sustenance, the U.S. worker is at extreme risk. Adler wrote "The current numbers are well beyond the bubble record lows of 1999-2000 and 2006-2007. I can only conclude this time it is really different. It is the bubble to end all bubbles."





He states that because in 2000-2001 and again in 2008-2009 the stock markets crashed. He can also claim this because the workforce was much, much smaller in 1974 than it is now.





The record low unemployed in 1974 set up the U.S. record high inflation rate Jimmy Carter faced during his four-year tenure, an inflation surge that dominated the Federal Reserve's thinking for more than 30 years.





This time America is in worse shape to withstand a stock market fluctuation than were we in 1974, 2000 or 2008. The Fed has spent almost all its ammunition and is already holding the line on record low interest rates while monetizing the U.S. government's long-term debt.





The skewed employment numbers bubble falls directly on the shoulders of Barack Obama. His minions in the bureaucracy have fallen in step with his lie about creating 12.8 million jobs. If that were the case the number of employed would be near the 153.8 million the BLS showed in 2007. We are still struggling to get to 150 million jobs and not all of those are filled by Americans. The expanded green card employment and the fluctuating number of illegal aliens employed has risen dramatically, meaning the number of working Americans is actually shrinking, not growing since the President began his first term in January 2009. It is this aspect of the looming bubble that is particularly alarming.





The biggest bubble threat doesn't come from the American employment numbers alone this time. Looming off the West Coast is the shadow of China's imploding economy.





After dropping more than 30% in a three week period in early summer, the Chinese market has rallied strongly in the last three weeks--all through government intervention. However, the just concluded Monday trading on the Shanghai Composite Index showed a steep 8.5% drop, indicating the program may be unsustainable.





The scope of the drop is very alarming. Comparing stocks that dropped to those that rose gives you a 75:1 ratio. That would be worse than seven of the S&P 500 going up while the other 493 went down. In essence, the world's two largest economic powers are competing to see which will crash first.





This is also proven on the basis the strength in both cases was mostly fueled by government fiat being used by listed companies to repurchase outstanding stock shares. The U.S. market has been the beneficiary of this for more than four years, despite slumping GDP numbers. Shanghai had given an updraft for three weeks through this type investment before Friday's released data showed July's output was the lowest in 15 months which fueled Monday's drop.





Everyone should be aware by now that bubbles can pop with devastating results. The burst can also be a dud. But when the top two economic engines in the world sputter at the same time and the third, the euro-zone, is still struggling to find solid footing any minor loss can be greatly magnified. A bubble crash at this point could be worse since the recovery from the 2007-08 housing crash hasn't been properly handled by the central banks.





"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson

http://godsdestiny.org/destiny_christian_center3_011.htm


Isaiah 26:20-21New King James Version (NKJV)

Take Refuge from the Coming Judgment

20 Come, my people, enter your chambers,
And shut your doors behind you;
Hide yourself, as it were, for a little moment,
Until the indignation is past.
21 For behold, the Lord comes out of His place
To punish the inhabitants of the earth for their iniquity;
The earth will also disclose her blood,
And will no more cover her slain

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