COMING SOON, THE SON OF TARP: PETER SCHIFF & RON PAUL SAY NO

Published by Jonas Clark Tuesday, December 23rd, 2008 in Economy and the Christian, Recession Freedom Strategies |

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Another “stimulus package” is on the way, Tarp II. Reports say President-Elect Obama wants a 600 billion to 1 trillion stimulus package. I can’t even fathom how much money that really is. Is it a good idea? Will it work? Should Americans put their faith in the Obama breakthrough team? Where will the money come from?

You should understand that our government has no money other than what’s in your pocket and your ability to produce taxable monies in the future. They are making decisions with your money and without your input. Is that ok with you? Did you agree with the first 700 billion plus 150 billion in political pork? Are you happy that the bankers defiantly refuse to disclose where they spent the first 300 billion? Did you agree with the recent Detroit auto maker’s bailout? Who’s next on the bailout list, California and Starbucks?

The sad truth is that most Americans are financially illiterate and blindly trust their leaders in Washington. I’m not saying that to insult anyone. Trying to understand what’s been going on in our nation with all these bailouts has been difficult to grasp. We are just regular folks trying to work hard and raise our families the best we can.

If you are an American Christian, however, you have a duty to protect your family. There are things going on that you just can’t afford to ignore. Our leadership in Washington, both democrat and republican are walking on dangerous ground with the future of our country. We must blow the trumpet in Zion and sound the alarm throughout the Church of Christ. Our freedom is under attack. The Church is the only large enough organization in America that might be able to turn back this demonic assault against our nation. My prayer is all the leaders that read this blog will do everything they can to educate them selves and pray about these matters. Then turn those prayers into action by educating their congregations.

In order to fund this stimulus package Washington will have to raise taxes, unpopular, or print money, popular. When they print the money it devalues our currency. This affects you! “The dollar may lose as much as 40 percent of its value to 50 yen or 60 yen from the current spot rate of 90.40 today in Tokyo unless Japan takes drastic measures to help bail out the U.S. economy,” says Akio Mikuni, president of credit ratings agency Mikuni & Co.

Debasing the currency is a hidden tax that will cause inflation and ultimately prices will increase. Not only that, foreign nations that have been buying our national debt will stop. Like you they do not want to get paid in worthless dollars. On the other side of this recession inflation will increase then interest rates will increase. The financial dynamics of these bailouts is like opening the proverbial Pandora’s Box. These bailouts will only lengthen the recession. They will not work. Government intervention is a terrible idea.

Unfortunately most of the people that read this blog will do absolutely nothing to protect themselves.  I know this first hand. My own family members did nothing when I told them to bail out of the stock market in December of 2007. They ignored the call for action, attacked the messenger, trusted the “experts” and ignored the message. Today they have lost over 50% of their life savings. They will lose more. You don’t have to join them. Check out www.everbank.com and look into one of their indexed foreign currency fund cd’s. An account is insured by the FDIC. Diversification is one step in the right direction. Education is the most important. Action is next! Don’t let the Mammon kings rule your life without a fight.

The Federal Reserve is not part of the Federal Government and is a private banking cartel chartered by the Congress. They are not federal and have no real money reserves. Again, they are a private owners banking cartel that is authorized to print money at will. Within this group is an agenda. It’s not godly. Read about the secret bankers meeting of Jekyll Island.

Peter Schiff and Ron Paul have something to say about the bailouts in the following video. Here are some interesting quotes:

“If the crisis was predictable and is explainable, why did no one listen?” Ron Paul

“We’re looking at a symptom.” Congressman Ron Paul (R-TX)

“The FED infected us with this disease.” Peter Schiff

“It is not your money.” Representative Joe Knollenberg (R-MI)

“What we’re doing today is going to make things much worse.” Ron Paul

Our nation is 53 trillion in deficit. Former United States Comptroller David Walker resigned to campaign against an out of control government.

Foreign companies and governments have bought over 2.5 trillion of American assets.

Printing massive amounts of money by the Federal Reserve is destroying the dollar.

Another voice crying in the wilderness.

Your partner,

Jonas Clark

2 Comments to COMING SOON, THE SON OF TARP: PETER SCHIFF & RON PAUL SAY NO

Donna Bullock
January 1, 2009

Funny that we should be saying the same thing at the same time. Check out my website. I completely agree with you; we have bad times ahead.

Jonas Clark
January 8, 2009

Hello Donna,
This crisis will affect us all. Providing information that educates us is a great step in the right direction. Everyone needs to get involved. Blogging is one way. We need to understand that Washington leadership is full of mostly lawyers. Think about that for a minute.
Your partner,
Jonas Clark

Search

Jonas Clark Newsletter

Keep in touch with Jonas as he discusses topics of interest to the hungry believer including:

  • Spiritual Warfare
  • Prophets, Prophecy and Prophetic Ministry
  • Overcoming Jezebel, Witchcraft and Religious Spirits
  • Advancing Christian Life and Culture
  • Walking in the Spirit
  • The Christian, Economy and Nation
  • Dominion Living and Governing Believers
First name
Email
Confirm Email