The deeper we read the more our knowledge and understanding grow. And the more empowered we are to avoid being Wall Street Retirement losers. The Jewish faith is an interesting study. The following facts are important for us to ponder as we make financial decisions.
The Jewish Feast of Tabernacles began tonight night at sunset and the occasion will run until October 5. According to the Mystery of Tabernacles it is a symbol of the Jewish people returning to Israel. It begins on a full moon, and if you looked up tonight you would have witnessed a full moon. The full moon was also a blood moon.
The feast is a representation of God gathering the Jewish people back, and the barren land beginning to produce harvests. It's about a coming together at the end of the age. Essentially it's a reminder to the Jewish people of what will happen before the Lord returns, and it's a picture of the end time gathering of the Jews. God will take the tears of his ancient people and wipe them away and redeem His people. God will pour out his Spirit throughout the earth. Days of evil will be prevalent but the Holy Spirit will be poured out. It's a testimony that God will fulfill His promises, and the fact that Israel still exists is a testament to this. Mysteriously, major financial events happen around the feast and other Jewish events.
On October 28th and 29 in 1929, the stock market crashed and that began the Great Depression. This happened three days after the last day of the Feast of Tabernacles.
The stock market crash of 1987 on October 19 happened four days after the Feast of Tabernacles.
On Friday, October 13, 1989, the stock market experienced a "mini-crash." According to Wikipedia it was created by the breakdown of a $6.75 billion leveraged buyout deal by a United Airlines Company.
After September 11, the Dow Jones Industrial Average reached its lowest point on
October 9, 2002, which was eleven days after the Feast of Tabernacles.
On September 29, 2008, on the eve of Rosh Hashanah, the Dow Jones dropped 777.68 points. Rosh Hashanah occurred September 13 to the 15 this year.
October 9, 2008, was Yom Kippur or the Day of Atonement. The Dow dropped 679 points. Yom Kippur occurred on September 22 and 23 this year.
If you have only been tuning in to the nightly news, you probably did not realize the stock markets of the ten largest economies are crashing. Here in America the Dow is down 2,000 points from its peak. Over the last sixty days America has witnessed the eighth largest single-day stock market crash in terms of point basis. It seems people would be running from the stock market, but many people are still hanging on.
China's manufacturing industry has hit a 78-month low, and the Shanghai Composite Index is down 40%. The U.S. stock market will follow suit. Emergency measures will be taken, but when the international bankers have their finances in order the plug will be pulled just as it was in 1929.
You may have been like me and believed the Federal Reserve is controlling emergency measures and pulling the carpet out from under the market when it's ready. That's not the case. The Exchange Stabilization Fund (ESF) was created in 1934 after the Federal Reserve was created in response to the Great Depression. Its stated purpose is for foreign exchange intervention. "This arrangement (as opposed to having the central bank intervene directly) allows the US government to influence currency exchange rates without affecting domestic money supply."
The Federal Reserve is a front for this mysterious operation, which is run by the Treasury Secretary, Jack Lew. The ESF is sometimes referred to as the "U.S. Monetary Authorities" in order to stay out the limelight. The Federal Reserve was stripped of its power when the ESF was created in 1934. Congress has zero oversight of the ESF. The ESF has no limit to what it can do, and operates in complete secrecy, and most of us have never even heard of it.
Back to the collapsing world economies...Germany, the linchpin for the European Union, is in serious trouble and its largest bank Deutsche Bank is teetering on going to oblivion like Lehman Brothers. A fourth of German stocks have tanked. Once Germany goes the European Union is done, but the new world order will save it at all costs. Creating ties with other countries is part of the process for creating the new world order, and the failure of the EU would be a devastating blow for the international bankers.
Let's remember that, as Scripture states, nobody knows the day of the Lord's return. It is also true that is exactly how economic and financial events will unfold. Our attempt is to present the facts and allow you to make educated decisions based on fact, not emotion.
On Friday the Speaker of the House, John Boehner, resigned under intense scrutiny. This is a welcomed thing, but don't forget about the debt ceiling debate that will transpire again in October, as Boehner makes his exit at the end of October. I've not seen much in the media about this, and if the government shuts down as Republicans are threatening, food assistance will be shut down too. Alarmingly, at least 50 million people are using food assistance. Republicans are threatening to shut down the government if Planned Parenthood is funded. (This is the company that aborts babies and sells their body parts.)
Should the government be shut down if Planned Parenthood is funded? I think you know my answer, but it's telling that the Senate cannot even agree to stop late term abortions.
The showdown could be a big deal but it will probably be "failure theater." Republicans had a show vote on funding Planned Parenthood, but the funding will be attached to the "continuing resolution" and will be rammed through. Republicans will say they fought tooth and nail to stop it, but, they will say, "We can't shut the government down going into an election year. When we get a Republican president it will stop."
It's all a joke. There is little to no difference in the two parties. Furthermore, our inability to balance our federal budget began under a Republican. You can't be a credit card / debt loving president and be for limited government. Debt is terminal even if it was created by the failed "war on terrorism."
What are you doing to protect yourself? Doing nothing is the wrong answer. Get out before you get sucked to the bottom with most people. Don't follow the herd to the slaughterhouse. Be independent and take the horse by the reins!