Ben Bernanke Speech Today Was Gloomy - What Lies Ahead?

Ben Bernanke, Chairman of the Federal Reserve, offered a gloomy outlook for the US economy but the Federal Reserve chairman offered no hint of further monetary easing in testimony to Congress. The Drudge Report had a headline pertaining to his speech today and it was entitled "Gloomy". The phony fiat currency and debt based economy has simply begun to run out of steam the Fed has run out of bullets. Bernanke warned that the 8.2 % unemployment rate is unlikely to change anytime soon because the economic growth will be "frustratingly slow".
Mr. Bernanke uses terms like "soft recession"in describing our current predicament. The truth of the matter is we are in a "soft depression". According to the U6 unemployment rate in May of this year the number is a shocking 14.6%! Mr. Bernanke sited the fiscal problems of the U.S. and the declining Euro  as worrisome factors in his perception of our economic future.If you are interested in the real state of our economy then visit www.shadowstats.com, this site shows an amazing assortment of "true" information. If you have been living in the matrix and only gathering information from Brian Williams at 5:30 p.m. then this blog post may be upsetting. The truth is it really is gloomy.This editorial by Joe Scarborough on the Politico site was written in May of this year and is evidence, even from the left that we are indeed living in dismal financial times.

 The reality of worldwide economic chaos and bizarre events in nature force us to do one thing that is very important. We must evaluate where our hope lies. Where does your hope lie? Is it your bank account, stock portfolio, job, position of power, pursuit of pleasure or some other Earthly attraction? To survive the days ahead we must have an anchor for our souls. Our hope must be in the Lord, Maker of Heaven and Earth.

1 John 3:2-4

King James Version (KJV)

² Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. ³ And every man that hath this hope in him purifieth himself, even as he is pure. ⁴ Whosoever committeth sin transgresseth also the law: for sin is the transgression of the law.    Those words penned by St. John centuries ago give us the basis of the hope that believers can have even when everything else is falling apart. One day Jesus Christ will return. On that glorious day the Bible tells us that when believers see Him they will be instantly transformed into a new body and a new home. We will be like Him! Believers in Christ are unique in that we believe at any time we could be transported from this world of sorrow and despair into the instantaneous bliss of being in the very presence of God. That conviction is our hope! That kind of hope endures tough times and keeps our perspective on an eternal plane.  Have you trusted in what Christ did on the cross 2000 years ago? Do you believe it was sufficient payment for you sins? Trust Jesus today as your Savior. It is a simple, child-like faith and reliance in His provision to forgive you and give you eternal life. What lies ahead for the U.S. economy and the world as a whole? I don't know but I do have hope! 

Russian Ships In Mediterranean May Be Fulfilling Ancient Bible Prophecy

At this moment two Russian Navy ships have entered in the eastern Mediterranean and are steaming toward a Russian Navy base at Tarsus, Syria. These ships are advance units of a flotilla of 11 warships. The flotilla consists of one destroyer, five amphibious landing ships, two patrol frigates, two rescue tugs, and one tanker. Most of the ships are carrying units of Russian Marines. This movement of ships and troops represents the largest military move in this region by Russia in nearly 20 years. 
It is also being reported today that the U.S. Navy has deployed two more carriers to the region to bolster an already massive force.  The significance of these events cannot be overstated.
Centuries ago two Bible prophets gave details of events that may be unfolding before our eyes. In Ezekiel 38 the prophet told of a mighty nation to the north of Israel coming down into the region. In 38:8 the time is identified as the latter years. Two of the chief cities of this nation are identified as Mesheck and Tubal (Moscow and Tubalsk). When they make their move on Israel the Bible says that God in His Holy jealousy for Israel will devastate the invading armies and kill 5 out of ever 6 invaders. In ch. 39 it tells us the carnage will be so dramatic that it will take 7 months to bury the dead! Daniel the prophet gives another detail about this time period. 

Daniel 11:40

King James Version (KJV)

⁴⁰ And at the time of the end shall the king of the south push at him: and the king of the north shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.

We could very possibly be living in the time frame described by these Hebrew prophets. When you consider all the other events taking place at the same time it causes one to examine the state of the world and the state of their own soul. The following events continue to escalate alarmingly...mass animal deaths, increase in earthquakes, increase in volcanoes, increase in solar storms, record high temperatures, 56% of America in severe drought, collapsing economies worldwide, UFO sightings, strange signs in the sky and the approaching massive war in the middle east that will one day culminate in Armageddon. 

I've been accused of being an alarmist and spending too much time on prophetic studies. I really don't care what people think about my perception of the current events. I would rather be sounding the alarm than to be asleep in Zion.   Dear reader are you ready for the days ahead? Are you prepared to face God? Take a look at the video in the righside bar. Tour the site and if you have a question just ask me in the form above.   

Tom And Katie Split, Don't We Have Bigger Things To Worry About?

For the second week in a row the story of Katie Holmes and Tom Cruise separation is in the top Google searches globally and in the top 50 searches of www.search.com. You're kidding me, right? There is some part of me that feels some empathy for Holmes. I thought she made a major league judgement error in marrying Cruise. His kooky Scientology beliefs should have been one of a multitude of reasons not to yoke up with this guy. I stand amazed that a multitude of Hollywood stars follow a religion invented by a science fiction writer! But really, that is what happens when men reject the truth.

Romans 1:21

King James Version (KJV)

²¹ Because that, when they knew God, they glorified him not as God, neither were thankful; but became vain in their imaginations, and their foolish heart was darkened.

When a person hears the good news of how Jesus Christ went to the cross and died for their sins, was buried and then rose again and they reject that good news then they are turned over to a reprobate mind and they will believe anything. I am reminded of the lyrics to a country song that say "when you don't stand for something you'll fall for anything". Tom Cruise and host of others have fallen for a tale. If they don't change their mind (repent) about who Jesus is and about their own sinful condition they will perish. 

I hope that as the world economic and social conditions continue to unravel that you are not distracted by the Cruise/Holmes story but are focused on the eternal issues that are facing you. Do you know Jesus Christ as your Savior? Have you trusted what He did on the cross to be sufficient payment for your sins? Watch the little video in the right sidebar and read some of the information on this site. Christ waits for you, receive Him today.