Why the West is deliberately failing

July 15th, 2012 LAIGLESFORUM Posted in Banking and Finance, Christian, Culture, Economics, european union, Gay agenda, Uncategorized 7 Comments »

by Don Hank

The prophets prophesy falsely, and the priests bear rule by their means; and my people love to have it so…

The scientific method, while still used in scientific experiments in the laboratory and clinic, has long been abandoned in the persuasive arts, notably journalism, but also in politics. Any journalist analyzing facts based on logic and science instead of accepting the interpretation of our universe handed down from above would soon lose their job. We have long lived in an anti-scientific, and hence, an anti-natural, world and are now reaping the inevitable rewards of our denial of truth.

If we were to be honest with ourselves for just a brief moment, we would admit that Western society is deeply sinful (or in secular terms, unwholesome) and even worships sin, celebrating it with carnivals and gay parades, and teaching young children how to perform sex acts in schools. And of course, the Western world routinely commits infanticide. Romans 1:25 describes the Western world to a “t” (Paul uses homosexuals as an example but this issue ranges far wider than that):

Who changed the truth of God into a lie, and worshipped and served the creature more than the Creator…

The end of that discourse on sinners describes the outcome.

…men with men working that which is unseemly, and receiving in themselves that recompence of their error which was meet.

A graphic depiction of some of that recompense for this particular group of sinners can be found here. I referenced that site in my commentary “The recompence of their error.”

So why do people deliberately engage in self-destructive practices that our otherwise superior intelligence should be telling us to avoid for the purposes of self preservation? Or for that matter, why do they pursue Keynesian economics amassing mountains of debt that no one could ever repay in a headlong rush to destroy our economy, our means of survival? No animal species would do that.

The answer is right there in Paul’s discourse, and this is the part Christians need to focus on when analyzing the causes of Western society’s failure to manage its laws, its immigration, its social ills, its fruitless wars, its finances and economy, its moral code, etc:

Because of this, God gave them over to shameful lusts.

And several verses later:

God gave them over to a reprobate mind.

Did you ever consider what that means?

GOD facilitates the destruction of the disobedient and the ungrateful by abandoning the disobedient to their own sinful desires. Paul is talking about people who worship nature instead of the Creator because they were ungrateful to Him for the blessings of life. Why would people who once worshipped nature turn around and do something unnatural, as Paul calls this behavior in this same passage? A person analyzing this without spiritual discernment might say this incongruence makes no sense and would be at a loss to explain it in rational terms. Some spiritually blind (but otherwise intelligent) analysts say that for this reason, Paul couldn’t really have meant “unnatural” when describing this behavior, and they therefore tweak the translation from the original Greek to make it say something else. (They forget that in the 4th Century, Jerome, a fluent speaker of koine Greek, rendered this term as “contra naturam” in his translation  of the Vulgate Latin Bible).

The fact is, God routinely allows people to do the unnatural—committing acts outside the laws of nature that can’t be explained by any scientific (e.g., psychological) laws. Once you turn your back on God, He abandons you and you fall into a behavior pattern designed by Satan. There is nothing natural about sinful behavior because it was not designed by God.

So if it is not natural, then is it supernatural?

No, it is not. Since God performs supernatural works—that is, works that are above nature—then Satan’s works and the works of humans gone over to the dark side might best be considered as infranatural, or beneath nature. An animal would not destroy its own economy – its food stores, for example – the way Westerner “leaders” are now doing, most notablyin the Euro Zone and the US through irrational banking practices and eradication of home industry and cheap energy by legal and regulatory means (even as they encourage other nations, notably China, to use cheap energy and high carbon combustion in competing with the West). Nor would an animal devote itself almost solely to the pursuit of sex, especially homosex, the way many humans do (although bisexuality is known in the animal kingdom, there are no known strictly homosexual animal individuals that eschew all individuals of the opposite sex).

Such infranatural phenomena are exactly why we face an imminent worldwide economic collapse. Economists, supposedly specialists in math, no longer use mathematics in their convoluted Keynesian calculations. Likewise, otherwise educated people who understand human anatomy deliberately and routinely utilize as an inlet a bodily organ designed as an outlet, a lifestyle that often leads to horrific diseases and death (see here).

But as Paul says, amazingly, GOD facilitates this mindlessness by abandoning those who abandon God — including His scientific laws. Because people stopped trusting in Him and thought they could come up with their own answers. Look around you. How do you like the results of Western secularist, humanist political, diplomatic, economic, social, military, etc, behavior? Vote for either candidate and you will get more of the same. Look at Europe. An entire continent that thinks it is smarter than God is now drowning in debt and fighting for its economic life. If this is not sufficient evidence of the God that Paul describes, i.e., a God who deprives disobedient humans of their cognitive faculties, then I can’t imagine what is.

This is why the West does not need more laws or a better government.

It needs a spiritual revival. And that revival will not happen without Westerners accepting the love, forgiveness and righteousness that Jesus taught, making a sincere attempt to do what is morally right as dictated by our God-given conscience. Americans, including the best and otherwise most civil and decent of us, are beating each other up because we think this is about people or the lack of wisdom of individuals or leaders. If people do this or that, or if we make this or that law or elect this or that politician, then we can get back on track. “How can this group or that group be so stupid?” they say of those who disagree with them.

But again, they ignore Paul’s teachings, as recorded in another letter of his:

For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil in the heavenly realms.

If you think this is too lofty and ethereal to relate to your life and the world around you, consider the antithesis, for example, in this article on John Maynard Keynes, a homosexual and pedophile who authored our current failed economic system (bailouts rewarding bad business and banking practices and other government interventions that kill free enterprise were his brain child):

http://www.keynesatharvard.org/book/KeynesatHarvard-ch09.html

If we take to heart Paul’s message in Romans 1:25-27, we can easily see it was no coincidence that Keynes was both a sexual deviant (pedophile, homosexual, etc) and the author of the most perverted economic system known to humankind.

There can be no logical or scientific explanation for Keynes’ self-destructive lifestyle and destructive teachings, or of an entire civilization deliberately patterning itself after him, destroying itself economically and morally with no apparent justification. These examples of a West deliberately weakening and sabotaging itself are the best examples of unqestionably infranatural phenomena.

As incredible as it may seem to those imbued with the rigid doctrinaire humanism that is foisted on Western society by an incessant drumbeat in media, schools and universities, in cinema and on the street, Paul’s brief discourse on a God having given people up to a reprobate mind is emerging as the default explanation of a civilization marching resolutely to its utter economic and moral ruin.

So why is this explanation for Western civilization’s failure never raised in the churches of our nation?

Perhaps because God is giving our clergy over to the very same reprobate mind that Paul spoke of. They interpret the scriptures as though they were hopelessly outdated when  in fact, these ancient writings offer the only glimpse of sanity–and hope–that is left in our reprobate world.

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Greece: No denouement, just more misery on the way

June 19th, 2012 LAIGLESFORUM Posted in Banking and Finance, Economics, Europe, european union, Global governance, Uncategorized No Comments »

Don Hank

The news of Greece’s poll results, widely construed as a decision not to immediately exit the euro, is all over the foreign cable news programs, and Brussels is shouting for joy. They fail to see what’s coming! The markets responded favorably for a little over an hour, than plunged again when people woke up to reality: Endless bailouts for Greece until Germany and the others go bust.

To give you some perspective, here are some figures on the contributions of the various member countries to the EU, and hence to the bailouts:

http://www.redicecreations.com/article.php?id=7925

Briefly, at the time of that report, Belgium’s Flanders paid top euro per capita, 282.6 euros per Flemish person, for a total of 1 billion 780 thousand euros.

But it is widely believed that Belgium will soon need a bailout of its own. That’s a double whammy for the EU. Not only would it lose the net contribution from Belgium but it would also have to take more from the remaining countries that are just barely above water to pay the Belgians. A net loss instead of the current net contribution.

Italy contributed 2 billion 938 million at the time of that writing, or about 49.7 euros per capita.

But Italy will eventually need a bailout, despite the phony optimism of Super Mario Monti.

That is another loss of a contributor, which becomes a net liability for the EU.

Spain will also need another bailout, and so will Greece.

And the more needy countries line up at the trough and stop being net contributors, the harder it will be for those few economically sound nations to pull their weight. Further, Angela Merkel, Chancellor of the German powerhouse, is demanding — and will eventually get — full-scale “green” energy to replace all of the traditional cheap nuclear and fossil fuel plants that have so far made Germany the no. 2 exporter in the world. Once this transformation is complete, Germany too will line up at the trough, but the trough will be empty by then.

It may seem as if the EU has spun out of control. But the founders of the EU were men imbued with the socialist vision. Their idea from the start was that the rich nations should pull the weight of the poor, ignoring the vast difference in work ethic between them that drives some to work while others consume the fruits of their labor. This is socialism in drag, since in traditional socialism, there is roughly a wealth transfer of rich individuals to poor individuals, while in the more sophisticated version, the transfer is from rich nations to poor nations. You’d think Europe would have noticed, after all these years of being duped, that the EU is just a sophisticated version of the Soviet Union, but it is as if someone had taped their eyes shut. As time goes on it becomes increasingly clear that this transfer was never intended to be temporary. It has been a de facto systemic state of wealth transfer, always propped up with a new crisis and hence a new pretext to prolong the outright daylight robbery.

Thus, as long as the EU’s power masters can continue to strike fear in the hearts of the serfs who do their bidding, they will continue to steal the wealth of the rich nations, whose workers work longer hours with less pay, and send it to the “poor” nations, whose workers work less, retire earlier and demand — and get — more of everything. Meanwhile, the only win-win group is the bankers. Italy, for example, recently paid a handsome 7% for its credit. Good money for folks who sit like vultures at a carrion feast.

Socialism hasn’t changed one iota in its gross unfairness to the productive. But it has changed its guise and has trained its propaganda machines full tilt against the working men and women of nations unfortunate enough to be “rich,” warning that if their plan is not followed, there will be chaos, tanks in the streets, starvation, rioting, war, etc. So keep your noses to the grindstone. Arbeit macht frei.

Yet, these dread social phenomena are precisely what the EU and its policies are leading to. But they are the unintended consequences, and as stealthy and crafty as the EU power masters are, they have no good moves left for this end game, because the final outcome belongs to God, not to them.

Just as the populace didn’t see their machinations, the power masters didn’t see Him at work.

Don Hank

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Remembering the prime cause of the economic crisis

November 9th, 2011 LAIGLESFORUM Posted in Banking and Finance, Economics, The Left 5 Comments »

Most Americans are puzzled and, of these, most are angry that Tim Geithner and Obama keep forking over our cash to a failing Europe via the IMF.

In fact, these politicians are some of the few who realize that the US Left actually triggered the world economic crash and therefore, in a sense, owes Europe and everyone else an apology at the very least.

It is interesting that even the most conservative authors, writing on the economy, rightfully blame the banks, the Fed and the 1999 repeal of Glass-Steagall for the economic crash, but most of them fail to look back at the prime cause, the bleeding heart giveaway policies of the CRA (Community Reinvestment Act). True, these other factors were absolutely key and no one is denying that. But without the CRA, it would not have happened, at least not in the same way.

“Most people do not realize this, but derivatives were at the center of the financial crisis of 2008,” states an article at theeconomiccollapseblog.com.

Nothing wrong with that statement. (This blog is in fact one of the best sources available on the progress of the West’s current economic suicide attempt.)

Indeed, neither party noticed the enormous destructive power of these instruments back when the market was bearish.

But let’s be more specific. In the case of the current crisis, it was not just any old derivatives that caused the initial tremor in the markets. It was mostly a derivative known as MBSs, or mortgage backed securities, that got the avalanche rolling. And the repeal of Glass-Steagall (which had denied banks the right to act as both investment houses and banks) was the enabler.

However, we need to look back further to find the root cause. To recap for those who have forgotten: Back in the 70s Carter, always the bleeding heart and skeptic of the free market, decided banks were deliberately refusing to service blacks, Hispanics, etc, on the basis of race. That assumption was in itself unproven at best and maliciously phony at worst. Nonetheless, the CRA (Community Reinvestment Act) became the law of the land in 1977. No one tried to seriously enforce this law until Clinton became president because Republicans used to know that forcing banks to lend to the insolvent would inevitably lead to ruin. Ironically, by the founding of the Clinton Dynasty, businesses were even more conscientious than before about eliminating racial considerations from their lending practices. A well-off black men could secure a loan just as easily — if not more easily (thanks to affirmative discrimination) — than a white man.

But Clinton had declared himself the “first black president” and he had to live up to his absurd title. So his HUD secretary Henry Cisneros, with equal absurdity, started to put teeth into the law that had, mercifully, lay fallow in the intervening years:

Here is what the CATO Institute says:

In 1992, HUD was given regulatory authority over these government-sponsored enterprises, and it began pushing the two firms into the subprime lending business.

The ensuing horrors we see all around us could perhaps have been mitigated, or even averted, had GW Bush not tried so hard to be a “compassionate conservative” (code for socialist in sheep’s clothing). In fairness, Bush had initially warned against these policies, but by January 2004, his HUD web site was trumpeting:

“Offering FHA mortgages with no down payment will unlock the door to homeownership for hundreds of thousands of American families, particularly minorities,” said HUD’s Acting Secretary Alphonso Jackson. “President Bush has pledged to create 5.5 million new minority homeowners this decade, and this historic initiative will help meet this goal.”

It was the serious enforcement of a less-than-serious law, coupled with the repeal of another law that would have prevented the securitization and sale of mortgages that indirectly led to a debacle that has engulfed the entire world and has led to a situation in which derivatives with an estimated notional value of $1.4 quadrillion have flooded the world market – a value of about 23 times world GDP. Not only the issuance of MBSs, but the practice of creating and selling these potentially lethal instruments, is what threatens every inhabitant of our globe.

So keep this in mind: without the repeal of Glass-Steagall and without the “compassionate conservatism” and outright socialism of our past governments, you and your friends would have reasonable job security and/or a job.

Good reasons to avoid voting for a RINO or a Democrat next year.

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That Greek “haircut” will HURT!

October 29th, 2011 LAIGLESFORUM Posted in Banking and Finance, european union, Global governance, Socialism No Comments »

Hey, that ain’t hair you’re cutting. It’s our kids’ future!

by Don Hank

My mom used to give me haircuts, but she was always a little nervous and often nicked me in the ear with the scissors. That really hurt.

This haircut on the Greek bonds will hurt a LOT MORE.

Quote (see link below):

In essence, the haircut on Greek debt [haircut: partial default, in this case, decreed by law. DH] is a signal to investors that they should require a much higher rate of return on the debt of all of the PIIGS.  This is going to make the financial collapse of all of the PIIGS much more likely.

Absolutely. Not only that, the Greek government officials and Greeks benefitting from government largesse have lived high on the hog for years, and for them, that is an unalienable entitlement. Many of them get nasty when someone touches their entitlements. They burn tires, wreck vehicles, throw stones through windows, etc, breaking things they can’t afford to replace.

Now that Europe has given a 50% haircut on their sovereign debt, many will figure they can continue to live like kings and the next time around, good old Germany and the ECB and EFSF will just bail them out again, with more “haircuts” for their bonds and more leverage. Dream on. The German people are already PO’d! And with good reason.

As this author points out, the party can’t go on forever. They are tightening the noose around Europe’s neck.

“Leverage” in this context means that the banks will be able to lend 4-5 times more than before simply by issuing more credit — NOT MONEY, because they have no money at the bottom line of the balance sheets, only debt. Now even before this re-leveraging, they were leveraged to the max and already issuing loans against nothing but hot air. That’s the same as printing money, as they did in the failed Weimar Republic. Weimar failed BECAUSE they did this, but the money printing was sold as a “solution” to their problem. Now they’re trying a little — no a LOT — of hair of the dog that bit them in the butt before, except not just Germany but most of Europe. How short their memories are.

This money the banks are lending is money they don’t have. It is debt, the opposite of money. They are dealing in red numbers, paying off red numbers with more red numbers. That is like climbing higher up the mountain to reach the bottom. GUARANTEED it won’t work and when the crash comes it will be dramatic, people will get hurt and Greeks will be back burning tires again.

Maybe someone will hire them to do that. They’re getting pretty proficient at it.

 

Europe Tries To Kick The Can Down The Road But It Will Only Lead To Financial Disaster

 

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Fleecing the lambs once more: the Greek debt “haircut”

October 29th, 2011 LAIGLESFORUM Posted in Banking and Finance, Economics, european union, Global governance, Socialism No Comments »

 

by Don Hank

The site linked to below (The Economic Collapse) had predicted just a day or two ago that the “haircut” on Greek debt would increase the chances of recovery of the PIIGS. It didn’t take long for that prophecy to be realized, as they report today.

Here are my 2 cents, incl a prediction of my own. I hope it turns out to be wrong:

According to the Greek language online newspaper “Express,” the European “leaders” met with the bankers before this “haircut” edict was handed down. They had originally spoken of a 21% hiarcut, but they were faking. They knew it would be 50% but they had to soften up the bankers.

It is my humble opinion that they made these bankers a deal they couldn’t refuse. First they TOLD them the haircut would be 50%, at variance with what they had said (they had lied, to put it nicely).

According to this Greek article, the rip-off to the European banks amounted to 67.5 billion euros, or 20$ less that the Greek government would have to pay.

My prediction (I truly hope I am wrong):

The European powers (remember, this is the group that exported “democracy” the the Arabs, but they won’t give their own people democracy. THEY make all the decisions) will eventually get around to utilizing one of their many financial tentacles — e.g., the ECB, the EFSF (European Financial Stability Facility) or other, perhaps one to be created — either to BUY PIIGS bonds outright or to financially assist private buyers to buy them (using both European and US public funds — see last link below!), in order to circumvent the market. This is because no private person or entity will eventually touch a Greek bond, for ex, with a 3 meter pole, unless enticed with promises of public money.

I say this because I know:

1–the past behavior of the European elites

2–their Marxist philosophy underlying that behavior.

The real raîson d’être of the European Empire (European union) and its tentacle agencies has always been to redistribute wealth. Unlike the Soviet Union, they no longer can do that — for political reasons — openly, from one group to another. But by pretending to “stabilize” Europe, they can distribute the wealth from northern countries with a sound work ethic to southern countries with no palpable work ethic at all. [Footnote: this is analogous to the way the US government orchestrated our current financial crisis by first forcing the banks to lend to the insolvent under the infamous CRA, another wealth redistribution scheme].

By allowing the fiscally irresponsible Greece to join the Euro Zone, they knew they would ultimately be able to transfer billions of euros of wealth to that country under the pretext of “stabilization.” They won’t quit even now that they have literally destabilized the whole continent by their so-called “stabilization measures.”

They have all the power and they will continue to rob the citizens of each member country until they — and we — are dirt poor or until the people rise up and throw off their yoke.

It will be a true European Spring and the elites will not be in charge this time.

Don Hank

 

Be Honest – The European Debt Deal Was Really A Greek Debt Default

How the US will pay for the scam:

 http://www.youtube.com/watch?v=rPMFMxuhHAM

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