I think We're Headed Into a Recession
 

Are you folks aware of any indicators pointing to a recession in the near future?

BTW, have you guys heard the new commercials being aired by Homeland Security asking us if we're ready to live without water and electricity?

Spooky.

Gold is at or near an all time high.

Oil is at or near an all time high.

We have been in a recession for four years, are heading for a DEPRESSION.

Oil may go over 100.00 and gas prices will be at 4.50 a gal.

Inflation will become worse and dollar will continue to drop.

In my neighborhood we have close to 20-30 foreclosures and we have new ones almost daily. Mortgages companies are failing, Banks are closing.

The credit card companies will have the next greater issues and people are having their cars taken by banks.

The empty houses that are now owned by banks will be going into disrepair and will make the neighborhoods go down, and become a haven for gangs and violence.

Is this the end time? I doubt that, it's because a nation that is busy turning her back of God, and a nation that was having Pentecostal revival in holiness spit in God's face and wanted a Lexus and dusted almonds more than prayer, fasting, and living a separated life in Jesus name.

This country is going to hell in a hand basket and we need to get real busy on our faces in snot bubbles and tears.

In Jesus name

Brother Benincasa

www.OnTimeJournal.com

www.IfAmericansKnew.com

Gold at 895.20, and guess what? Our dollar is backed by zip-O.

Here are 2 articles that talk about where we could be headed:

--->U.S. economy poised for nose dive

--->AP Article: Odds are growing for economic recession

How much blame for this lays at the feet of Dubya?

How much? My dear Brother this has been in the works for years. Please I beg you Brothers to read these books.

http://www.amazon.com/Secrets-Temple.../dp/0671675567

http://www.amazon.com/Road-Serfdom-D...0445560&sr=1-2

In Jesus name

Brother Benincasa

www.OnTimeJournal.com

www.IfAmericansKnew.com

I think that that darlin is just a pawn in the game!

Did you know that there is a group of people that like to put "Great" in front of the things they cause?

Like - The Great Depression

The Great French Revolution, etc.

The way the economy is set up now, highs and lows are just part of the economic cycle. We'll go into a recession, then we'll climb out of it and things will peak, level off, and decline again, bringing us into another recession down the road.

There are some who say the Bush's tax cuts may have actually staved off the recession for a few years. It may be so, but to me, it was probably just delaying the inevitable.

The fall in the dollar, the trade deficit, the rise in international oil prices, the spike in foreclosures... I dont think Dubya can really be blamed for any of these. I think they would have happened no matter who was president.

Whoa dude!!! Excuse me while I commit suicide!!! :drama:reaction:nobodycares:nobodycares:scorebad:s corebad:scorebad:scorebad:scorebad:scorebad:scoreb ad:scorebad:scorebad:scorebad:laffatu:laffatu:laff atu:laffatu


God is in Control!!