Prophecy Update Newsletter
IN TODAY'S NEWSLETTER...
Force Majeure - By Pete Garcia -
This year has been shaping up to be an even more prophetically charged than 2019. One of the more interesting, yet underreported, strange goings-on, has been the lemming-like procession of Chief Executive Officers (CEOs) leaving their corporate respective organizations.
According to Challenger, Gray, and Christmas Inc., who has tracked statistics like these since 2002, the years 2019-2020 had seen the highest exodus of CEOs depart their organizations since they first began. Unlike 2008, in which the mortgage meltdown threw the entire economy into a tailspin, the economy had been booming up until the current COVID19 (Wuhan Flu) began its pandemic rampage across the globe.
For example, over 172 Chief Executives left their post in October 2019, making it 1,160 departures for the year. The previous year (2018), had seen only 425. However, back in October 2019, no one even knew what COVID19 was, much less worried about it ever becoming a pandemic. That month, held the highest record departures since 2008's financial meltdown.
However, that single month record was shattered in January 2020, when over 215 Chief Executives left their position. At this point, the news of the Chinese-flu had just started to leak out of China, but the economic impacts had not yet been felt in the West. Here are some of the more notable departures:
~Bob Iger- Disney
~Page and Brin- Google
~Bill Gates- Microsoft, Berkshire Hathaway
~Dennis Muilenburg- Boeing
~Steve Easterbrook- McDonald's
~Mark Parker- Nike
~Devin Wenig- eBay
~Adam Neumann- We Work
~Kevin Burns- Juul
~Oscar Munoz- United
~Mark Okerstrom- Expedia
~Kevin Tsujihara- Warner Bros
~Ginny Rometty- IBM
Although I had seen these departures come across the news as they happened, I did not begin to consider this as a sign of the times until watching a Jason A video on YouTube. Although he does not answer it either, my initial question was why is the 'managerial aristocracy' departing at breakneck speed and in significantly high numbers? What do they know that we don't, and when did they know it?
You have to remember that CEOs are the corporate-worlds equivalent of Four-Star Generals. They get all the perks. They get all the VIP passes. They get the best parking spots, offices, houses, hotels, paychecks; they literally live like Kings and Queens.
Why would anyone ever voluntarily give that up?
Also, remember folks, CEOs are not dumb. They did not get (or stay) at the pinnacle of their respective empires by being ill-informed dummies. It does not make any sense that with a booming economy and technology literally evolving by the day that these managerial aristocrats would step down (or aside) when the going is really good. Their mass exodus makes sense when times are bad (2001, 2008), but not when things are on the up and up (record-high stock markets).
Something has them spooked.
Some have argued that the primary reason for all these CEOs stepping down is that the cultural dynamics have shifted since the MeToo movement began back in 2015. However, this does not explain why female CEOs are also stepping down (IBM, Altria, etc.). Many on the far right (Q for example) have connected this to a grand-scale conspiracy, intricately linking Jeffrey Epstein's arrest and death, as well as Harvey Weinstein's arrest and conviction, to their sudden flight. It is argued (rightly so) that the rich and powerful tend to run in the same circles, thus, the fate of these two men may have spooked them about their own shadowy pasts.
Furthermore, many of these CEOs tend to lean left ideologically (if for nothing else, political top cover), it could be that they see retribution coming their way in light of the Democrat's repeated failed attempts to remove President Trump from office. Perhaps they fear the ongoing Durham and Barr investigations, which has, as of yet, not been fully released their findings in total.
My opinion on this is that why some of the aforementioned reasons might be true (to one extent or another), it does not answer the mail on why so many have left, and so quickly. They cannot all be in a giant, grand, conspiracy. Not now, when even the most guarded of secrets are leaked to the press at a dizzying rate. Even the most secretive of groups who do not even permit the press (e.g., Bilderberg) routinely leak information as if their prized information were guarded with a chain-link fence. Nevertheless, linking 2019 and 2020's exodus of top executive chiefs to the May 2019 Bilderberg meeting, might have served sufficient suspicion, had US Secretary of State Mike Pompeo and Trump's son in law, Jared Kushner, not been in attendance.
However, perhaps it is more sinister and less conspiratorial than we think.
Let me explain.
As mentioned previously, many of the top CEOs (esp. in the technology sectors) lean left. They lean left because they primarily operate out of liberally controlled areas like California's Silicon Valley, New York City, Seattle, Washington, Dallas and Austin, Texas. The people they employ in the tech sector, also live in these liberal, culturally diverse areas. They donate to top left-causes such as Planned Parenthood and any number of Soros-affiliated organizations. They do this, not so much because they care or believe in what the left is selling (socialism), but they do not want to take the political, economic, and cultural backlash for going against the cultural tide (see Nike's absurd support for Colin Kaepernick).
They are in it to make as much money for their companies as humanly possible, and to do that, they have to be as politically neutral and left friendly as possible. They do not want the negative press either from academia, the media or from Hollywood, boycotting their goods and services. They have seen what the left can do to businesses who have stood their ideological ground (ex. California's Proposition 8, Chick-Fil-A, Hobby Lobby, etc.) and want nothing of it.
Therefore, the current crop of top corporate officers is all that remains of the almighty western economy in 2020. Boardroom after boardroom filled with corporate cowards and ideological eunuchs. They care more about their golden parachutes than they do about the welfare and trajectory of their nation. These CEOs are leaving while the leaving is good. They know what goes up (the Dow for instance) must come down. They know that this economic boom of "Make America Great Again," is not sustainable. Not with the nation being $22T in debt. They know to what depths, the Democrats and the left will go to either get rid of Trump or ensure he does not get re-elected. Even if it means wrecking the economy in the process. Enter the 2020 Coronavirus pandemic, panic-demic. From the New Yorker's Intelligencer,
Last October, two months before the coronavirus that causes COVID-19 emerged in central China, a group of public-health experts gathered in New York City for a simulation. Their objective was to determine how industry, national governments, and international institutions could work together to respond to a hypothetical "pandemic with potentially catastrophic consequences."
Such a pandemic is no longer just a hypothetical. This week, the Centers for Disease Control and Prevention said it's preparing for a coronavirus pandemic and the organization's former director flatly declared that COVID-19 "will become a pandemic."
The characteristics of the virus currently causing global havoc are remarkably similar to the one proposed in the simulation, dubbed "Event 201." The simulated virus, called CAPS for Coronavirus Associated Pulmonary Syndrome, began in Brazilian pigs who passed it to farmers. It resulted in symptoms ranging from mild flu-like symptoms to pneumonia. Three months in, the hypothetical illness had caused 30,000 illnesses and 2,000 deaths.
For the record, it is not strange or bizarre for organizations like ARNORTH (Army Northern Command), the CDC (Center for Disease Control), or the WHO (World Health Organization) to run disaster-scenarios linked to viral outbreaks. It is, however, curiously conspicuous that an exercise and an actual pandemic coincide so closely and seamlessly.
Whether the world's top CEO's knew what was coming ahead of time is both unprovable and irrelevant. What is relevant, and a more likely scenario is that these top CEO's know the left's desperation and know the intent and extent the left will go to, to use a major disaster to wreck Trump's booming economy. The left cannot afford to go into the next election with a bumbling Biden at the helm, and a nation enjoying economic prosperity the likes of which, it has not seen in decades. That spells out four more years of Donald J. Trump, something that is completely unacceptable to the Democratic left.
That is the obvious explanation.
Here is where things get sinister.
When we think of the politically left, we think of Joe Biden, Barak Obama, Hillary Clinton, Chuck Schumer, Nancy Pelosi, etc. These are the elected leftist politicians who promote varying shades of socialism, social justice initiatives, and anti-Christian legislation that has progressed from bad to worse over the decades.
Yet these circus clowns are not the real power brokers.
They answer to those forces who fund their campaigns and keep their pockets lined.
Men like George Soros, the recently departed David Rockefeller, the Roman Catholic Church, and functionaries in and associated with the United Nations. There is undoubted many more of whom, we likely do not even know exist. These powerful men and women are avowed globalists. What that means, is they believe in true globalism, which equals, a singular, all-powerful world government. Everything else is just a means to an end. They are true believers in the idea that the cure to all that ails the world is an all-powerful, global government. From their perspective, you could end war, poverty, and man-made climate change, if a single government were in charge. Take, for example, this quote attributed to David Rockefeller,
"The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." "The Powers That Be: America's Dirtiest Secrets". Book by William Caniano, 2007.
While the last few years have been extremely busy at debunking anything, anyone has ever said, one could simply look at the organizations David Rockefeller has helped chair or found (Council on Foreign Relations, Trilateral Commission, Bilderberg Group). He was a well-known and devoted internationalist, and as such, the above quote (and many others) is not out of character. Nevertheless, what Rockefeller means here when he says "national auto-determination," he means, the sovereignty and/or right of a nation to make its own path. The United States has its Constitution to guide its government; the British have theirs; the Russians, theirs, and so forth. What he was saying was that the world would be better off it were run by a group of supranational (or above individual nations) intellectual elite and world bankers, rather than allowing individual nations to determine their own future.
However, because he thought that way, and many other powerful men and women do as well, how do we get to there (i.e., removing auto-determination) from the world we live in now?
Force Majeure. From as neutral a source as I can find, Wikipedia
Force majeure FORSS mah-ZHUR, mə-ZHUR; French: [fɔʁs maʒœʁ]) - or vis major (Latin) - meaning "superior force", also known as cas fortuit (French) or casus fortuitus (Latin) "chance occurrence, unavoidable accident", is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, plague, or an event described by the legal term act of God (hurricane, flood, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract. In practice, most force majeure clauses do not excuse a party's non-performance entirely, but only suspend it for the duration of the force majeure.
In other words, acts/events that fall outside of anyone's control. A force majeure event, forces, or can force a leveling of the playing field, a renegotiation of terms, a cancellation of obligations, and so forth. Global pandemics fall into this category.
So if we were to consider the present COVID19 (Wuhan Flu strand) a global pandemic, what is up for renegotiation? What does this mean for the average person out there? How will this be accomplished?
Let me answer in reverse.
It means a reinvigorated attempt to push globalism through the finish line.
Anything that does not immediately and indefinitely support globalism is up for renegotiation.
Through Stages: This is part of what we have come to know as "incrementalism."
Small incremental changes to how we live, or will accept as normal. If we look at the past and see the initial successes and ultimate failures of men like Napoleon, Hitler, Hirohito, etc., we see that they tried to implement their will by force and in short order. History has pointed out repeatedly, that the world rejected it and fought back.
However, if those changes were to come in small, incremental steps, we would become the frog in the proverbial pot. We would not know the water was too hot until it was too late for us to jump out of said pot. Moreover, that has been the story of the second half of the 20th-century.
At the conclusion of World War II, the world leaders met at Bretton Woods, New Hampshire in 1944, and came to what is known now as the Bretton Woods Agreement. It largely established the global financial structure going forward in the eventual defeat of the Third Reich and the rise of Western democracies.
The Bretton Woods standard worked from 1944 through 1971, but with both Europe and Japan on the rebound, the US's ability to cover its debts with actual gold was in peril. That was when President Nixon "shocked" the global markets by replacing the gold standard with the 'free-floating' fiat currencies. Although the concept of the petrodollar was born in 1945 with then-President Roosevelt's formalized alliance with the Saudis, it could not become politically viable until after Bretton Woods Agreement dissolved.
In the aftermath of the 1973 Yom Kippur War, 12 OPEC nations proceeded with an oil embargo (as recompense for the US support to Israel). This sent gasoline prices through the roof in 1973-74 but largely kept the prices to double what they had been before 1973, even after stabilizing. By 1979, the Carter Administration had negotiated a renewal of the petrodollar, assuring the seven-kingdom stability in exchange for assurances that all petrol transactions be conducted using US currency. This guarantee gave the Saudi's geopolitical top cover with a resurgent Iran and adversarial Soviet Union, as well as ensure US currency remained the world's primary reserve currency. The world has largely operated under these rules until the advent of the internet age.
Once the world began dabbling online in earnest (mid-late 1990s), everything has been trending towards digitalization. What started out with meager efforts has become a full-force deluge of information digitalization. We are in the middle of what has been dubbed, the Industrial Revolution 4.0. As a refresher, these are:
~Industrial Revolution 1.0- Mechanization, steam, and waterpower
~Industrial Revolution 2.0- Mass production and electricity
~Industrial Revolution 3.0- Electronic, Information Technology (IT) systems, and automation
~Industrial Revolution 4.0- Cyber-physical systems, cloud computing, quantum systems, artificial intelligence
Therefore, what does the 20th-century globalist do in light of the evolving technology of the 21st-century?
The same as they always did.
The Hegelian Dialectic model.
Agenda- centralization of power into fewer and fewer hands
Thesis- manufactured problem designed to invoke a particular reaction
Antithesis- stated reaction to manufactured problem
Synthesis- predisposed solution to manufactured problem
The 20th-century has been to date, the most violent and turbulent century on record yet at the same time, humanity was at the pinnacle of innovation, invention, and information processing. How could we get too-?
101 million deaths due to famine?
177 million deaths due to murder?
131 million deaths due to war?
1,680 million deaths due to infectious diseases?
Globalization as the end state.
Fair to say, that if I were a 20th-century globalist, with the means and ability to affect change at the national and international level, I would use crisis to advance my agenda. So what is my agenda?
Agenda: Centralization of power for a global government
Thesis: The world is a dangerous and lawless place and requires international (or supranational) laws to provide peace and security to the populace
Antithesis: Pandemics, terrorism, authoritarian despots with dangerous ideology, religious extremism, and climate change
Synthesis: Use each crisis to embolden some new global initiative that diminishes the sovereignty of the individual state, and gives power to a supranational governing body
So far, that thinking has gotten us the League of Nations (failed), the United Nations (failing), and the European Union (failing). So why, and how can the global elite of international bankers and financiers, make the world bend to their will?
This is where technological advancements come into play. What is something that everyone needs? The obvious answers would be food, water, clean air, and shelter. Yet, as the world has moved on from being primarily agrarian barter-based system, to that of a market based one, more and more people require currency in order to survive, particularly in Western society. This is something that the pioneers in financing noticed going back as early as the 16th-century. There was a most notable Jewish-German family in the 18th-century who took notice of this and capitalized on this growing reality with a fury. The Rothschild family has been in the money-business since the late 1700s, and they have made their fortunes, often funding every side of a war or conflict. Their version of the "golden rule" was whoever owns the gold makes the rules.
This fits in line with our understanding of freedom and incrementalism. The Rothschild did not care what flag you waived, or whether you voted or not, they simply wanted to be the power behind the throne. They stayed in power by keeping this regimen. However, they never let a crisis go to waste.
When a crisis of significant magnitude occurred (force majeure), they always used those moments to advance their causes and put themselves in greater positions of authority. That is who has real power. They have set up shop in major centers of commerce, often transforming the landscape of those cities into the hubs of financial power for world leaders for centuries. I mention them only in reference to a quote that has long been attributed to the British Baron Nathan Meyer Rothschild (1840-1915), which states,
"Let us control the money of a country and we care not who makes its laws."
Wealthy families like the Rockefellers and Rothschild's may not care who is at the helm of nations, so long as they remain the power behind those thrones. However, if devoted globalists and internationalist view a singular world government, as their ultimate end-state, then we should be able to measure each major global crisis (going back decades) to see what was giving up to reach said end-state?
You might be wondering what the exodus of powerful CEOs and this long history lesson of 20th-century globalism has in common with our ongoing global reaction to the Coronavirus (Wuhan-Flu strand)?
First, let me say what it is not.
It is not simply a Democratic plot to unseat a republican president by crippling the US economy. As much as the left hates Donald Trump- Joe Biden, Nancy Pelosi, Hillary Clinton, and the rest of their political ilk, have a hard enough time stringing simple sentences together, much less, coming up with a multilayered scheme for global domination. They simply lack the mental bandwidth to ruminate on that level of strategy.
Congressional Democrats think only terms of two-year blocks of time and their party's immediate social-justice efforts. Unseating Trump, whether through unconstitutional efforts, phony investigations, and illegitimate impeachment show-trials, is only part of the larger machinations at hand.
What is at stake is the international "swamp" stepping up to shut nationalism down. President Trump represents a return to nationalism and the American supremacy that dominated the second half of the 20th-century. This is wholly unacceptable to globalists around the world, which includes leaders from Europe, Asia, the Americas, and Africa. Unseating him is primary in the sense of stopping any momentum he can get the nation to build upon, which is why this particular pandemic, is interesting. Compared to other pandemics (Spanish Flu, H1N1, MERS), the Coronavirus (Wuhan Flu) has both the mildest symptoms and reactions, as well as the lowest lethality rates of all the other major pandemics.
Yet, the international community's response to this particular pandemic is the most severe we have seen in living memory. It makes you wonder, since the 2009 H1N1 pandemic, which saw sixty-million infections, three-hundred thousand hospitalizations, and almost two-thousand deaths, barely warranted a mention on the news.
Let me put this another way. If our media had treated this Coronavirus (Wuhan Flu) as if it did the 2009 H1N1 (Swine Flu), would you have noticed? Again, I am not downplaying the potential severity of it; I am simply asking a question as to the legitimacy of the present national and international response.
Yet, as of 24MAR2020, the US has 44,183 cases of infections and 544 deaths (Source-CDC). Most of these deaths were of people over the age of 70 and/or, already had underlying health conditions. The lethality rate globally is far higher, but that is in large part due to either the lack of adequate public health and access to medical facilities. Still, in terms of lethality, COVID19 (Wuhan Flu) is by a large measure, still less lethal than previous pandemics.
In response to the potential threat, the global economy began to ground to a halt. Many have argued that the reaction to this is most unwarranted and that the mandated cure (social distancing/quarantine) is worse than the disease. Tens of thousands of businesses are facing shutting down, putting millions at risk of unemployment, homelessness, and aggravating other medical issues they may have required employment and insurance to cover. Whole industries face solvency issues, in light of the present panic: airlines, cruise lines, travel, manufacturing, theme parks, sports, and service/hospitality industries are facing severe disruptions and varying forms of bankruptcies.
Did any of the exiting CEOs have any "insider knowledge" concerning what was coming last year, and decide to cash out ahead of the coming financial tsunami? As of March 2020, we do not know. Perhaps a whistleblower will step forward in the coming months, who can provide the truth regarding why so many CEOs have decided to remove themselves from the pinnacles of power just before the worst economic slowdown the US has seen since the Great Depression.
However, we do know some things.
We know that since the beginning of the 20th-century, power has historically and consistently becoming consolidated over the past 120 years. Every time a crisis happens, the little banks are bought out by the big banks. Big businesses buy out the little businesses. That has been the model since the Federal Reserve Act of 1913. The federal government has grown in power and authority.
We know that the Bible states that in the last days, the world would go through birth pangs (Matthew 24:3-14). These birth pangs would build in frequency and intensity until the Rapture of the Church presents the world with its perfect crisis (1 Thess. 5:1-9).
We know that a man known as 'the lawless one' or the 'Antichrist,' will rise to power who will control all of the buying and selling in the world. The False Prophet, who will aid him through supernatural signs and wonders will enforce his rule of law. This man is able to control all the buying and selling in the world, through a form of forced worship that embeds some form of technology onto the bearer's forehead or hand (Revelation 13).
However, what if the Mark of the Beast isn't a currency per se, but simply the technological platform (e.g., blockchain?) by which all cryptocurrencies and information outlets are rendered useable? What if, without this technological "key" embedded in the bearer, nothing works? Eschatologists and prophecy students have long wondered how one man could control all buying and selling over the entire earth.
What if he didn't have too?
What if the Antichrist just needed to control the technology, which opened all the doors to buying and selling?
Like a newer, more sinister version of Bill Gates, or Steve Jobs. If we married that thought of controlling access with the more recent suggestions by some that the Antichrist will be a hybrid of sorts, embedded with a form of artificial intelligence. If that were the case, he might easily garner control of a complex system (or system of systems), perhaps tied to a central quantum computing mainframe, that has the processing power to control numerous networks all at the same time. The only people who would have access to the system (to buy, sell, rent, go online, etc.) were people who have demonstrated loyalty to The Beast by permanently taking the mark.
If access by loyalty is what the mark of the beast represents that leaves only the logistics of getting everyone on board. At present, there are three major (and many minor) initiatives ongoing at the global level that seem to be pointing toward this very thing.
Global Network/ Infrastructure- (Project Kuiper, OneWeb) corporations and governments join to enshroud the earth with Low Earth Orbit (LEO) Satellites supporting a global, 5G network
In a world divided between digital haves and have-nots, billionaires Elon Musk, Jeff Bezos and Richard Branson are trying to close the gap. The three entrepreneurs separately aim to launch thousands of small satellites to zip around the globe in what is known as low-Earth orbit, or LEO. Their plan is to prosper by offering high-end data services to stock traders and others willing to pay richly to shave a few milliseconds off their transmission times. The satellites should also deliver high-speed internet coverage for regions too poor or remote to attract it on the ground. Neither result is certain. Startup costs in the billions of dollars are.
With OneWeb, it doesn't matter where you are. Soon everybody will have access to high speed, reliable Internet. We are a pioneering company building the first global communications network to be powered by a constellation of low-Earth-orbit satellites and will be providing connectivity to people and businesses everywhere around the world. Available from 2021.
Global Currency- (Sovereign Sky) a space-based, blockchain global, digital currency
The Planet's first space-based superfast blockchain powering the new "Free World Currency" designed to redistribute the world's wealth to provide and protect our children, save and preserve our wildlife and aim to help eradicate global poverty.
Stage 1: "Connectivity" boxes will be distributed by charities to villages and people in need throughout the world.
Stage 2: Satellites connect to the Modems and the Antenna.
Stage 3: The modems convert the satellite signal to Wi-Fi which the phones pickup.
Stage 4: The idea is to create a global Wi-Fi network and establish a space-based digital "Free World Currency" to help redistribute the world's wealth to the less fortunate and help support the one billion children worldwide who live in poverty.
Global Identity- (ID2020) a global initiative with numerous, international organization, seeking to implant every person on the planet with biometric technology
Combining the power of biometrics and blockchain to provide a global identity solution
On Friday, 20 May 2016, ID2020 - a strategic, global initiative launched in response to the Sustainable Development Goal 16.9: "provide legal identity to all, including birth registration, by 2030", in collaboration with the United Nations Office for Partnerships, hosted the "ID2020 Summit - Harnessing Digital Identity for the Global Community" at the United Nations Headquarters in New York.
Around one-fifth of the world's population (1.8 billion people) is without legal identity, which deprives them of access to healthcare, schools, shelter, justice, and other government services. Commonly affected groups include refugees displaced by war, territorial disputes, victims of famine, societal outcasts, global disorder, political instability, competition for resources and climate change.
What is of interest to us today is that the Bible foretold all of this some two-thousand years ago. Note the underlined in the passage below and the corresponding parenthesis noting what we just finished discussing. While we do not yet know the meaning of 666 beyond its stated meaning in Revelation, and its historical, biblical connection to the weight of King Solomon's gold (1 Kings 10:14), at least both instances have a tangible connection to wealth. The Greek word for calculate is psēphizō and it means to either count or to vote. Perhaps this 666 is something people willingly vote for in a moment of crisis (like say after the Rapture of the Church). We know that the Rapture will remove tens of millions of believers off the face of the earth in a moment. That will have significant global economic and political ramifications, far beyond what a pandemic could do.
He causes all (denotes absolute authority), both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one (access) may buy or sell (commerce) except one (loyalty) who has the mark or the name of the beast, or the number of his name (some form of technology). Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. Revelation 13:16-18
Nearing Midnight: We Are Living in Prophetic Times - Todd Strandberg - https://www.raptureready.com/category/nearing-midnight/
There have always been folks who claim we are currently living in the seven-year tribulation. I suppose over the past few weeks, many of these people are telling their friends and family, "See, I told you so."
In 1994, I drove with some friends from Omaha to Des Moines, Iowa, to hear prophecy teacher Irvin Baxter. The trip taught me that you need to research all prophetic lecturers before going to hear them speak. Right near the end of Baxter's presentation, he told the crowd that we are currently in the tribulation.
When the real Tribulation comes, there will be no mistaking it. The removal of all Christians in the rapture will be the first warning sign. The unification of all nations and financial systems under one body will be another key Tribulation warning.
The coronavirus is unlikely to be a sign that the Tribulation is now occurring. Because, during that time period, various pestilences will kill a large portion of the world population. In those dark days, the coronavirus will seem like a mild rash.
I think my second point about global unity is what we see playing out right now. I know we are living in prophetic times because I am seeing economic events that I would never think as possible. The Federal Reserve spent $1 trillion on private sector bonds in a two-day period. During the 2008/2009 Great Recession, the most the Fed spent was $85 billion over a whole month.
A few days later, Congress passes a $2.2 trillion stimulus package, which equal 10% of GDP. During the Great Depression, the stimulus package of President Franklin Roosevelt's New Deal was only 3% of GDP. The Revenue Act of 1935 raised federal income tax on higher income levels by introducing the "Wealth Tax." It was introduced to pay for what was perceived as Roosevelt's reckless spending.
Treasury Secretary Steven Mnuchin tripled downed on the stimulus package by promising another $4 trillion for loans to businesses with the purchase of debt. The current GDP of the US is $19.39 trillion, and it's stunning to think we could be set to add $8 trillion to our national debt in a single year.
Washington Lawmakers have already wasted a full week by trying fill up this already massive bill with pet pork projects. A business is like a shark in one important way; they need constant motion to stay alive. The costs continue to add up even when the businesses are closed. Here are four business news blurbs that show how quickly bankruptcy becomes the only option:
LSC Communications Inc., one of the largest book and magazine printers in the U.S., is preparing to file for Chapter 11 bankruptcy after failed efforts to restructure its nearly $1 billion of debt.
The Cheesecake Factory, one of the most popular sit-down restaurant chains in the country, says it will not be able to make upcoming rent payments for any of its storefronts on April 1 because of significant loss of income due to the coronavirus crisis.
For the first time, Frontier Communications filed formal notification that it may file for bankruptcy protection, as the company toils under some $17 billion in debt amid dwindling revenues.
Neiman Marcus retail experts see bankruptcy to restructure and continue operating as the most likely scenario for the luxury retailer.
California electric company PG&E is already in bankruptcy from having to pay for wildfire damage blamed on its equipment. PG&E agreed to set up the $13.5 billion fund for the victims as part of its plan to emerge from bankruptcy this summer, with half the amount coming from stock in the company. Now that the coronavirus is cutting demand for power, PG&E's stock is down 60%. PG&E would seem to be cursed with bad luck, but too much debt was the #1 problem.
The US national debt of $24.5 trillion is going to zoom past $30 trillion by the end of the year. I remember Christian Economist Larry Burkett warned in his book The Coming Economic Earthquake that the nation's $350 billion federal deficits were going to destroy the nation. Larry was correct in sounding the alarm. Dozens of nations faced the meltdown of their national currency over the same level of deficit spending we had in the early 1990's.
If we are able to get away with printing an Everest-sized mountain of new debt, I expect a brief sugar high from people spending all their free government money, followed by a headache of runaway inflation.
"And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh."
Palestinians: Despite Coronavirus, Jihad Against Israel Continues - by Khaled Abu Toameh - https://www.gatestoneinstitute.org/15825/gaza-hamas-coronavirus
As the world is busy pursuing the fight against the coronavirus pandemic, the Iranian-backed Hamas and Palestinian Islamic Jihad (PIJ) groups in the Gaza Strip have found the time to remind everyone that they remain committed to pursuing the fight against Israel.
While many international media outlets and human rights organizations, including the United Nations, are warning of a "catastrophe" in the Gaza Strip after the discovery of nine coronavirus cases there, Hamas and PIJ -- the two dominant groups that have been ruling the Gaza Strip since 2007 -- seem to care less about the safety and health of their people.
For these groups, the "struggle" against Israel is manifestly more important than the fight against the immediate threat of a pandemic.
On March 27, a rocket was fired from the Gaza Strip toward the Israeli city of Sderot. The rocket, which fell in an open area, did not cause any casualties or property damage. This was the first rocket attack on Israel since the outbreak of the coronavirus pandemic. Since the beginning of this year and until early March, the Palestinians in the Gaza Strip have fired several rockets at Israel.
It remains unclear why the Palestinians chose to fire a rocket at an Israeli city at a time when Israel is busy trying to prevent the spread of coronavirus. It is also unclear why any Palestinian would think of launching a rocket toward an Israeli city at a time when Israel and the Palestinian Authority are working together to combat the disease.
Although no group has claimed responsibility for the March 27 rocket attack on Sderot, there is no way that it could have taken place without the knowledge or approval of Hamas or PIJ. The rocket attacks against Israel appear aimed at distracting attention from the failure of Hamas and PIJ to provide their hospitals with medical equipment and medicines to curb the spread of the disease. In the past decade, the two groups have invested millions of dollars in amassing weapons and building tunnels to infiltrate Israel and kill or kidnap Jews.
There is another reason why the rocket was fired from Gaza toward Sderot in Israel: to remind Palestinians, Israelis and the rest of the world that the outbreak of the coronavirus pandemic has zero impact on the ideology and plans of extremist Muslim groups.
The rocket attack was aimed at sending the message that the desire to kill or harm Jews remains as strong and relevant as ever, even during a global health crisis, when tens of thousands of people are dying after being infected with a lethal virus.
Hamas and PIJ have also made their intentions clear through separate statements they published on March 30 to mark the anniversary of "Land Day" -- a day of commemoration of the events of 1976, when Arab citizens of Israel protested against the Israeli government's announcement of a plan to expropriate thousands of dunams of land for state purposes.
In their statements, the two groups again stressed their determination to pursue the fight against Israel by all means.
Ignoring the Palestinians' fear of the virus in the Gaza Strip, the PIJ statement said:
"The resistance and the Palestinian people behind it will remain in a state of endurance and confrontation that will stop only with the expulsion of the Zionists from every inch of this holy land. The sacrifices of our people will continue until the liberation of all the land [from the Mediterranean Sea to the Jordan River]. Our people will not agree to give up one inch of the blessed land."
It is important to note that when PIJ talks about the "liberation of all the blessed land," it is actually stating its intention to destroy Israel and replace it with an Islamic state. That goal, according to the group, will be achieved after the "expulsion of all the Zionists." PIJ does not say where it wants to expel the "Zionists" to, but it makes it clear, through rockets, suicide bombings and other forms of terrorism, that it employs jihad (holy war) to achieve its goal.
PIJ is evidently more worried about normalization between Arabs and Israel than protecting the two million Palestinians in the Gaza Strip against a deadly epidemic. "Islamic Jihad stresses its rejection of all forms of normalization with the Zionist entity and calls for activating the work of anti-normalization and boycott committees of the Zionist entity," the group said in its statement.
By emphasizing their opposition to "all forms of normalization with the Zionist entity," the leaders of PIJ are announcing that they reject the current cooperation between Palestinians and Israel in combating the disease.
These leaders would rather see Palestinians die of the disease than join forces with Israel -- which has doing its utmost to help the Palestinians by providing them with tests kits and protective gear and training sessions for medical professionals since the first cases of coronavirus were discovered in Palestinian communities in early March.
The good news is that a majority of Palestinians disagrees with PIJ. A public opinion poll published last week by a Palestinian center found that 68% of respondents support the medical cooperation with Israel. Unlike the leaders of the Palestinian jihadi group, these Palestinians do not consider the cooperation (with Israel) in fighting the virus as a form of normalization "with the Zionist enemy" or an act of treason. PIJ, of course, rejects the perspective of these Palestinians and, as its statement shows, it does not hesitate to warn its people about working with Israel to curb the spread of a disease.
In this regard, Hamas has again shown that it is no different than its friends in PIJ. A statement issued by Hamas on March 30 said that "the only way to liberate the land is through resistance." The only "resistance" Hamas knows is the one that includes launching rockets and missiles at Israel or carrying out suicide bombings against Israelis.
One would think that the Hamas rulers of the Gaza Strip would be preoccupied with trying to prevent the spread of coronavirus among their constituents. That, however, is not what has been taking place.
In its statement, Hamas seems to be implying that it is more worried about US President Donald J. Trump's recently unveiled plan for Middle East peace, known as the "Deal of the Century," than anything else, including the health conditions in the Gaza Strip. Something else that appears to worry Hamas is whether Israel defines itself as a Jewish state or not. Hamas wished to remind everyone that it remains opposed to both the Trump plan and Israel's right to define itself as a Jewish state.
The Hamas and PIJ statements serve as a reminder that even during these critical times, extremists do not abandon their goals and aspirations for "expelling the Zionists" and destroying Israel, even when these Zionists are helping to save the lives of Palestinians.
The last rocket that was fired from Gaza toward Israel cost money that could have been used to purchase ventilators and coronavirus protective gear for Palestinian patients and medical professionals in the Gaza Strip.
The leaders of Hamas and PIJ, however, believe that the jihad against Israel is worth more than the many lives threatened by a pandemic. For these leaders, a peace plan presented by a US president and Israel defining itself as a Jewish state are more dangerous than a disease that is claiming the lives of tens of thousands of people worldwide.
Palestinians in the Gaza Strip are again paying the price of failed leaders who care more about fighting Israel than saving the lives of patients and medical teams. If and when the virus spreads in the Gaza Strip, the Palestinians living there can point the finger of blame directly at PIJ and Hamas.
Daily Jot: I don't have COVID-19, but I am sick of: - Bill Wilson - www.dailyjot.com
That's right. I don't have COVID-19. And, yes, I believe that God has protected my family and myself from it. But I am sick of a couple of other things. First, I'm sick of the news media and the Democrats blaming President Trump, Republicans, conservatives, and Christians for this disease. They have repeatedly spread fear, misinformation, out-right lies, and hate. They say Trump has murdered Americans because of his response to this crisis. While they held up relief legislation for nearly two weeks to admittedly advance their agenda, cases increased from 7,800 to 121,500 and over 2,000 deaths. As people are dying, are confused and fearful, Democrats played politics with our lives. They should be ashamed.
While I believe God has protected my family and myself from COVID-19 so far, we also have not tempted God during this pandemic. We have taken great precaution and used wisdom that we might not get this disease or spread it to others. We are careful how and when we get food. We stay to ourselves. We check up on our friends and loved ones by phone or online. We hold our church services using Zoom. In short, we are not being stupid. And, yes, we have strong faith. As I have quoted 2 Timothy 1:7, "For God has not given us the spirit of fear; but of power, and of love, and of a sound mind." So the other thing I am sick of are those claiming to be Christians, yet do and say things that endanger lives and bring ridicule aimed at God and Christ. An example comes from a well-known televangelist and name it/claim it theologist.
He shouted on March 29, "In the name of Jesus, standing in the office of the profit of God, I execute judgment on you COVID-19...I call you gone...No more...And the United States of America is healed and well again...It's dead. At exactly 12 noon on the 29th day of March. It's over. It's over." He and another preacher agreed that COVID-19 is dead, done, and has "ceased to exist." At the risk of offending many, this is wrong in so many ways. God is the Master. We are the servants. We pray, we act. He chooses His response to our requests. Since this "office of the prophet directive," COVID-19 has expanded in the US by the thousands. America is not healed. When Christ should be presented as the answer, hope and salvation, this invites ridicule, and endangers lives as people who believe this proclamation ignore the warnings.
Those who say people lack faith if they don't attend church in person, or believe that God will protect them from the virus no matter what they do (and many have come down with COVID-19, some have died), or make proclamations as if they are God, are part of the problem, not the solution. This foolishness gives people a false sense of security and they do things that jeopardize themselves, their families and the rest of us. Or it brings ridicule upon all Christians. Does this honor God? Does this bring others to the Lord in this time of need? Remember Christs' words in Matthew 5:16, "Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven." Pray. Act. Encourage.
Daily Devotion: Through the Fire - by Greg Laurie -
When you pass through the waters, I will be with you; and through the rivers, they shall not overflow you. When you walk through the fire, you shall not be burned, nor shall the flame scorch you. -Isaiah 43:2
Years ago my wife was cooking a steak, and as she often does, she threw it on and then went and did something else. But on this particular occasion, she forgot about the steak. Then she said, "Something is burning. What's that smell?"
Let's just say it was well done.
I'm glad that when we go through fiery trials as believers, God doesn't get distracted, forget about us, and leave us there.
David wrote in Psalm 23, "Yea, though I walk through the valley of the shadow of death, I will fear no evil; for You are with me" (verse 4).
We must remember to cast our problems on the Lord, turning them over to Him in times of need.
When the people were griping and complaining about Moses, the Bible tells us that Moses cried out to the Lord. When Hezekiah received an intimidating letter from a king who was threatening to destroy him, he spread the letter out before the Lord. When Mary and Martha saw that their beloved brother Lazarus was sick, they sent word to the Lord.
When trouble comes your way, cast it on Him. Spread it out before Him. Call on Him. As the Scriptures say, "Casting all your care upon Him, for He cares for you" (1 Peter 5:7).
Most of us would like to avoid the valleys of life, so to speak, but there are some lessons we learn there that we cannot learn anywhere else.
God doesn't promise to keep us out of all trouble. But He does promise to be with us in the midst of it. It's a great thing to know that when the Lord lets His children go through a fiery trial, He always keeps an eye on them and an eye on the thermostat.
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