America's last Days - Page 3

U376977 · #21 07-22-2008, 04:10 PM

Quote:

Originally Posted by Ferd

time will certainly tell....

I think it has. That is the whole point of the post. Congress did pass BK reform laws. It is much more diffacult to file now than years past. Housing has turned down. Some areas of the country are down 45% by Case-schiller index. We have dipped about 15%-20% across the 150 MSA. The CEO of Wells Fargo predicts at least another 10% decline. The CEO of Chase Home Lending said, "I am afraid to say, but at least 15% more." He went on to say, "housing will get a lot worse before it gets better."

Point is that everyone is saying it now. But in 96, Wilkerson was a lone voice. I really hope that God has mercy and allows the economy to turn around after the election. But few realize how near we were to a full banking collasp when Bernake (Fed Chariman) made the midnight phone call to Diamon (JPM CEO) and arranged the Bear Sterns buyout.
So many things economically that are happening now---HAVE NEVER HAPPENDED BEFORE--this economy/possible recession cannot be compared to any previous!

ReformedDave · #22 07-22-2008, 04:13 PM

Quote:

Originally Posted by U376977

I think it has. That is the whole point of the post. Congress did pass BK reform laws. It is much more diffacult to file now than years past. Housing has turned down. Some areas of the country are down 45% by Case-schiller index. We have dipped about 15%-20% across the 150 MSA. The CEO of Wells Fargo predicts at least another 10% decline. The CEO of Chase Home Lending said, "I am afraid to say, but at least 15% more." He went on to say, "housing will get a lot worse before it gets better."

Point is that everyone is saying it now. But in 96, Wilkerson was a lone voice. I really hope that God has mercy and allows the economy to turn around after the election. But few realize how near we were to a full banking collasp when Bernake (Fed Chariman) made the midnight phone call to Diamon (JPM CEO) and arranged the Bear Sterns buyout.
So many things economically that are happening now---HAVE NEVER HAPPENDED BEFORE--this economy/possible recession cannot be compared to any previous!

Wilkerson was not a lone voice. Actually there have been several that have been warning of the same thing before him. He's just the most popular.

Ferd · #23 07-22-2008, 04:20 PM

Quote:

Originally Posted by U376977

I think it has. That is the whole point of the post. Congress did pass BK reform laws. It is much more diffacult to file now than years past. Housing has turned down. Some areas of the country are down 45% by Case-schiller index. We have dipped about 15%-20% across the 150 MSA. The CEO of Wells Fargo predicts at least another 10% decline. The CEO of Chase Home Lending said, "I am afraid to say, but at least 15% more." He went on to say, "housing will get a lot worse before it gets better."

Point is that everyone is saying it now. But in 96, Wilkerson was a lone voice. I really hope that God has mercy and allows the economy to turn around after the election. But few realize how near we were to a full banking collasp when Bernake (Fed Chariman) made the midnight phone call to Diamon (JPM CEO) and arranged the Bear Sterns buyout.
So many things economically that are happening now---HAVE NEVER HAPPENDED BEFORE--this economy/possible recession cannot be compared to any previous!

I think some folk in Dallas would take issue. in 1985 we had a housing meltdown like nobodys business.

I remember double diget inflation in the 70''s AND double digit interest rates.

I have studied the great depression and I think anyone who lived thru that would consider it far worse.

somewhere around 1890 JP Morgan saved America from a complete banking collapse.

I dont agree that we are at a place we have never been before. there are surely some very bad things going on in our economy but there are also some other things that indicate some areas of stability.

its a mixed bag to say the least but the fact that it is mixed means there is some good....

and even if things do fall and fall hard, we have seen that happen too.

Ferd · #24 07-22-2008, 04:22 PM

Quote:

Originally Posted by ReformedDave

Wilkerson was not a lone voice. Actually there have been several that have been warning of the same thing before him. He's just the most popular.

pick any 5 year period in American History and i bet we can find one.

question. if California falls into the ocean, will we look for the most recent "prophet" who called for it and say he was right?

NOT ME.

Ferd · #25 07-22-2008, 04:23 PM

Quote:

Originally Posted by ReformedDave

It's interesting that so many seem to think that America is in the middle of God's universe........

Its something aint it?

pelathais · #26 07-22-2008, 04:26 PM

Quote:

Originally Posted by StMark

America's Last Days

America now appears to be at a major crossroads in its history. according to this minister, Unless America deeply repents before God, the blessings
on America and the British-descended peoples will soon come to an end.

A presentation by Dr. Roderick C. Meredith and the Living
Church of God.

Part-1 http://www.youtube. com/watch? v=0VW_sMP- qz8

Part-2 http://www.youtube. com/watch? v=eoSxYGueNTs

Part-3 http://www.youtube. com/watch? v=1jAaMEYqU0Q

What do you think ?

As one of Scot-Irish and Bohemian descent (with a wee bit of Norman blood) I'd personally like for the Limeys to get wot's comin' to 'em. Been struttin' around in their khakis and pith helmets long enough, I tell you wot Bob.

I say 'urricanes for Cornwall and send some Moorish slavers back as well. 'ow 'bout an earthquake in Trafalgar - be the best way to clean up that cesspool of East Ender "boys" and their MP's.