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Sammy Hale

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Some thoughts on the 2009 U.S. economy
1/11/2009 6:13:13 PM
Sent to me from a good friend, I thought it might be a good thing for folks to see. Happy New Year.
 
 
 
 
Dear Mishpochah (family):

       Witnessing the current worldwide economic crisis, many are wondering ... what is the significance of it? Some people think it is just another downturn in the business cycle. For those who believe this way, they like to make estimates for us about when the 'recession' will end and what is the bottom in the stock market. To them, they believe that some of the usual business cycle remedies will allow the economy to recover again. Normally, this remedy consists of two things:

#1) Monetary stimulus (lowering interest rates and printing more money)

#2) Fiscal stimulus (congress borrowing money)

       Regarding monetary stimulus, the Federal Reserve has dropped the 'Fed Funds' rate from around 5% to now nearly 0%. However, things aren't getting any better in the USA or around the world.

       Regarding fiscal stimulus, the US government during 2008 decided to make $600 - $1200 available as a 'tax rebate'. The 'tax rebates' didn't make things any better.

       The upcoming Obama adminstration is pledging to pass a massive fiscal stimulus package of at least $700 billion dollars. If the Obama administration does pass a fiscal stimulus package, it won't help to make things better in the USA or around the world either.

WHY MONETARY AND FISCAL STIMULUS WON'T WORK THIS TIME

         The fiscal and monetary measures which are being tried won't work this time. They are just 'window dressing' to try and make it appear that 'they' (President, Congress and the Federal Reserve) care about the problem and are trying to do something about it.  Even though our politicians and Federal Reserve policy makers fail us over and over, most Americans still want to believe and trust in them. However, since most Americans don't understand basic macro economics and the working of monetary policy, they will believe (for a while until the recession becomes a depression) that our 'powers to be' are trying to help solve the problem. They won't understand why the solutions attempted are not working.
      
           The US and world economy will fail for one main reason. That reason is that banks have stopped making money available (lending) to those who need it to keep the economy going.

            You see, it doesn't make any difference if interest rates are near zero if the banks aren't lending money. It doesn't make any difference if the Federal Reserve prints more and more money if the banks don't lend the money. Banks failure to lend money to individuals and businesses who need the money is what causes the economy to go into a depression.

             Expanding the money supply and banks freely lending to individuals and businesses who are credit worthy is what causes the economy to grow and expand. Decreasing the money supply causes the economy to contract. At this moment, the Federal Reserve is MASSIVELY INCREASING the money supply. So, this is not the problem. The problem is that banks worldwide are failing to make money available to individuals and businesses who are credit worthy. If banks fail to make loans available to credit worthy individuals and businesses on a macro scale then this is what causes a depression.

Here are links to several articles indicating that banks aren't making credit available.

#1) Kuwait Investment House defaults for lack of available credit

(http://www.independent.co.uk/news/business/news/default- by-kuwaiti-investment-house-hits-gulfs-reputation-as-financial- hub-1207510.html)

#2) US House Builders can't get credit

(http://www.cepr.net/index.php/data-bytes/housing-market- monitor/housing-starts-fall-through-the-floor/)

#3) Worldwide shipping industry can't get credit

(http://www.gulfnews.com/BUSINESS/Shipping/10269062.html)


WHY DO CENTRAL BANKERS WANT THE WORLD ECONOMY TO FAIL?

         Our present global economic system is based upon Bretton Woods model established after WW 2. Bretton Woods was a gold based monetary system. It established global institutions such as the (IMF: International Monetary Fund and IBRD - World Bank) to work with and help govern the monetary policies of nation states. A detailed explanation of the Bretton Woods financial model can be found at:

http://en.wikipedia.org/wiki/Bretton_Woods_system

         In 1971, President Nixon took the USA off the gold standard from which the Bretton Woods model was based. This caused the US dollar to become the 'reserve currency' of the world.

         Eventually, the currencies of nation states were allowed to "float". This made it increasingly easier to manipulate the value of the currencies of nation states. Macro manipulation of the currencies of nation states (what is happening in this present economic crisis) creates instability in the world's financial system.

         In 1973, the Trilateral commission was born.

         http://www.trilateral.org/

          In 1980, Holly Sklar wrote a book about the Trilateral Commision. It is entitled: "The Trilaterial Commission and Elite Planning for World Management".

          The basic idea of the Trilaterial commission is to begin the process to 'regionalize' the world as a stepping stone to world government.

           The "Tri" in Trilaterial Commission is: Europe, the USA and Asia. The goal would be to regionalize the world into trading blocs with its own currency and regional government. Europe became the first to establish this model. Europe now has a common currency, a European Parliament and Constitution.

           The regional trading blocs following the European model is now being developed all around the world. There has been much debate about the "North American Union". This proposed new "North American Union" (consisting of Canada, USA and Mexico) is now being called the "Security and Prosperity Partnership". There is a website for the SPP:

http://www.spp.gov/

            There is now a "Mediterranean Union".

(http://en.wikipedia.org/wiki/Mediterranean_Union)

             Most likely, a future peace agreement between Israel and the PLO will seek to merge the European Union and Mediterrean Union.

http://afp.google.com/article/ALeqM5hgbQHiaLQ0EMHEA_vbY_TnuP3vFA

              This effort was originally called the "Euro- Mediterranean Partnership".

http://ec.europa.eu/external_relations/euromed/index_en.htm

              It seeks to achieve a peace agreement between Israel and the PLO.

http://ec.europa.eu/external_relations/mepp/index.htm

             This is why there is such an intensified effort for Israel and the PLO to reach a peace settlement. The ultimate goal is economic integration of the European Union and the Mediterranean Union.

             In order to help to ensure this peace agreement, the United Nations passed UN Resolution 1850 on December 16, 2008.

http://daccessdds.un.org/doc/UNDOC/GEN/N08/653/59/PDF/N0865359.pdf?OpenElement

             There are discussions about creating an African Union.
(http://en.wikipedia.org/wiki/African_Union)

              There are plans to create an Asian Union.
(http://www.koreatimes.co.kr/www/news/nation/2008/11/116_33670.html)

              In order to follow the European model, newly formed regional trading blocs need to have their own common currency. In order to help the people of the world to accept the European model in their own region of the world, they have to see a 'need' for it. That 'need' comes from the planned collapse of the Bretton Woods system and of the national currencies of countries in various designated regional trading blocs.

               The "collapse" of currencies around the world becomes inevitable when the 'reserve currency' of the world - the US dollar - collapses and cannot maintain its status and confidence of the world trading system for it to be the 'reserve currency' of the world.

               The collapse of a nations currency comes about when the debt of a nation state (in this case the USA) becomes so large that others lose confidence in the currency of that nation state (in this case the US dollar) who has that debt. The USA is now the world's largest debtor nation. So, what does our government try to tell us is the solution to our economic problems? You got it: more debt.

                How do other nations show that they have lost confidence in our currency (the US dollar) and our debt which is tied to the value of our currency? It is simple. They no longer desire to finance the debt. Right now, the debt of the USA is being unattractive to foreign investors. What makes it unattractive? The answer is a low rate of return (a 10 year government bond is now yielding less than 3%) and a lack of confidence in the US economy and its financial system (because of rising job losses, business and banking failures) caused by banks not willing to lend money to credit worthy individuals and businesses.

   IS 2009 THE YEAR OF THE COLLAPSE OF THE US DOLLAR ?

            There are many well respected people who are forecasting the collapse of the US dollar in 2009 (for those who truly understand the relationship between macro economics, monetary and fiscal policy -- it really doesn't take a genious to realize the US dollar will eventually collapse -- it is only a matter of time).

            Among them are 'Trend Forecaster' (Gerald Celente).

            His website is:
http://www.trendsresearch.com/

             There is an organization based in Europe (a think-tank) that releases information about Global economic trends who predicts that the US dollar will collapse and the US government will not be able to pay its debt in 2009.

              This website is: (http://www.leap2020.eu).

               The collapse of the US dollar is mentioned in the October 2008 edition.

http://www.leap2020.eu/GEAB-N-28-is-available!-Global- systemic-crisis-Alert-Summer-2009-The-US-government- defaults-on-its-debt_a2250.html

                Pravda (the Russian news agency) reports that the 'Amero' will replace the US dollar when it collapses in 2009.

http://english.pravda.ru/world/americas/02-12-2008/106779- amero-0

               Russian Foreign Ministry sources are reporting that the USA "Council on Foreign Relations" (which some believe is the 'Shadow Government' of the USA) has stated that the US dollar will collapse by the summer of 2009.

http://www.whatdoesitmean.com/index1176.htm

                A recent United Nations reports suggests that the US dollar will have a 'hard landing' in 2009.

http://www.reuters.com/article/companyNewsAndPR/idUSN0150623420081201

                In an interview with Charlie Rose, Henry Kissinger suggests that the current economic crisis would be an excellent opportunity to bring about a new "political and economic international order".

http://video.aol.com/video-detail/henry-kissinger-calls-for-a- new-world-order-part-2-of-3/2078019160/?icid=VIDLRVHOV05

http://www.infowars.com/?p=6663

             The book of Revelation mentions several times about the fall of economic / commercial Babylon. Since WW2, the USA has been the "head" of the effort to globalize the world. So, the USA is the HEAD of the "beast". In Revelation 13, the "head" of the beast gets wounded. I believe that the economic collapse of the USA through the collapse of the US dollar and the US government unable to pay its bills, will result in the formation of world government with a world currency (the wound being healed).

               World government is one of the two signs of Revelation 12 which indicates the start of the 'Great Tribulation' and the final 3 1/2 years before Yeshua sets His feet down on the Mount of Olives (Zechariah 14:4).


           THE TESTIMONY OF PASTOR LINDSEY WILLIAMS

              Before October 2008, I never heard of Pastor Lindsey Williams. One day, I discovered him on 'You Tube'. Pastor Williams has an interesting testimony. Briefly, his testimony is as follows:

              Pastor Lindsey Williams is an older person. He wrote a book entiled,"The Energy Non-Crisis". In the book, he made the claim that there is plenty of oil in the world and that the 'shortage' is 'sold to the public' to help to achieve the ultimate goal of the global elite whose goal is world government.

              In June, 2008, he reported that he got a call from a global elitist executive. Lindsey reported that he was told by this executive that he had 'crossed the line' and was saying things that he wasn't supposed to say about the plans and purposes of the global elite. As a result, Lindsey 'obeyed' the 'concerns' of the global elite that they had against him and removed those objectionable things from his book and publications and closed down his website.

               After this, Pastor Williams decided to have a 'friendly' conversation with this global elitist executive and asked him what could be expected of the next 12 - 18 months.

               One of the first things that he was told was that oil would drop from nearly $150 a barrel to $50 a barrel. Oil is now around $35 a barrel.

                Pastor Williams shared this testimony initially on July 9, 2008 when oil was still around $140 a barrel. It can be seen at:

http://www.youtube.com/watch?v=bILuDBp5528

                Furthermore, Pastor Williams has a presentation where he lets people know what he was told and thus expects to happen in the next 12 months.

http://www.youtube.com/watch?v=CApz4VGc31g

                After being told that oil would go to $50 a barrel by this globalist executive, the global executive told Pastor Williams that sometime in 2009 that the USA would experience an economic collapse that would take YEARS to recover from.

                 At the website (http://www.leap2020.eu), they've indicated that when the economy of the USA collapses from the collapse of the US dollar and that it will take 10 years for the US economy to recover.

http://www.leap2020.eu/GEAB-N-28-is-available!-Global- systemic-crisis-Alert-Summer-2009-The-US-government- defaults-on-its-debt_a2250.html

                
                           HOW DO WE PREPARE?

       In the past, I sent "Watchman Reports" to this e-mail newsgroup to help you follow events associated with the Middle East Peace Process, war between nations and a conflict with Iran and the economic collapse of the USA.

       This was meant to help you to understand events which were happening in our world that made these mentioned items possible.

        From present events, it would seem that:

#1) A Middle East Peace Agreement
#2) War Between Nations and a conflict with Iran
#3) The Economic Collapse of the USA

        is closer than ever.

        In the past year, I sent out several articles indicating that I believe that we were approaching the days of the "foolish virgins".

        In Matthew 25, the "foolish virgins" weren't prepared for the "wedding" with Yeshua the Messiah.

       At that time, I mentioned that in Jeremiah 31:10, 13 and Jeremiah 33:11 that the reunification of the 12 tribes of Israel (Ephraim and Judah: Ezekiel 37:15-28) is likened to the joy of a wedding.

       In the parable of the 'Prodigal Son' (Luke 15:11-32), the 'younger son' is Ephraim who was given the birthright blessing in Genesis 48:16-19. The 'older son' is Judah. When the 'younger son' returned 'home' to be with his father (which means that he returned to following the Torah), the father celebrated with a wedding (Luke 15:22-24).

        We are to prepare SPIRITUALLY for the WEDDING of the Messiah.

        The 'Wedding' is the reunification of the 12 tribes of Israel.

        The 'Wise Virgins' were ready for a MARRIAGE.

        The 'Foolish Virgins' were NOT ready for a MARRIAGE.

        When did the 'Foolish Virgins' realize that they needed to prepare? It was at MIDNIGHT (Matthew 25:6).

         MIDNIGHT is a time of GREAT TRIBULATION.

         GREAT TRIBULATION is a RESULT from the collapse of the world's economic system when it tries to reorganize into one world government with a one world currency.

          The TRIGGER EVENT to this process to eventaully establish a one world government and one world currency is the economic collapse of the US dollar and the US economy.

          Revelation 12 and 13 tells us that the duration of time for the establishment of one world government and one world currency until Yeshua sets His feet down on the Mount of Olives is 3 1/2 years.

         The TRIGGER EVENT (the collapse of the US dollar and the collapse of the US government to be able to pay its debt) is expected by credible sources to possibly happen sometime in 2009.

         Are you SPIRITUALLY READY for the consequence of the collapse of the US dollar?


               THE NEW TESTAMENT FOR DUMMIES

         Most Christians don't understand the central theme of the New Testament. This central theme is the role of Yeshua to unite the 12 tribes of Israel.

        Yeshua died on the tree to united the 12 tribes of Israel (John 10:16-17, 11:49-52).

         In Acts 1:6, Yeshua was asked WHEN this would happen.

        In Acts 1:8, Yeshua replied that it would come through an outpouring of the Holy Spirit (Acts 2) wherein His disciples would be sent into the world to proclaim the good news of Messiah to the exiles of Israel.
        Paul testified that he was proclaiming in his ministry the reunification of the 12 tribes of Israel through Yeshua (Acts 26:6-7).

        Many epistles were written to the exiles of Israel. For example, I Peter 1:1 was written to the exiles of the Northern Kingdom.

        Here they are referred to as being 'strangers scattered'. The word 'scattered' is the Greek word, 'diaspora' which means according to the Strong's number 1290 which means 'Israelites scattered in the nations'.

        The book of Revelation gives us the details of how and when this will be literally fulfilled.

        In Revelation 7:13-14, the question is asked, 'Who are these who came out of the great tribulation'?

        The answer in Revelation 7:16-17 is a quote from Isaiah 49:10 which mentions the exiles of Israel which specifically in Isaiah 49:10 refers to the 10 tribes of the Northern Kingdom or Ephraim.

         In summary:

#1) Yeshua died to gather the exiles of Israel
#2) The Holy Spirit was outpoured to gather the exiles of Israel
#3) Paul's ministry was to the exiles of Israel
#4) Various letters in the NT was written to the exiles of Israel
#5) Revelation tells us the events which will be happening in the earth when the exiles of Israel are physically gathered to the land of Israel during the 'Great Tribulation.

              In Colossians 2:16-17, Paul tells us that:

#1) The New Moon teaches about Yeshua's second coming
#2) The Sabbath teaches about Yeshua's second coming
#3) The Dietary Laws teaches about Yeshua's second coming
#4) The annual Festivals teaches about Yeshua's second coming


      WHAT MAKES THE FOOLISH VIRGINS FOOLISH?

       Most Christians don't know how the New Moon, Sabbath, Dietary Laws and annual Festivals teach about the second coming of the Messiah.

       Most Christians don't know that the central theme of the New Testament is the role of the Messiah to gather the 12 tribes of Israel.

       Most Christians don't know that Yeshua died on the tree to gather the 12 tribes of Israel.

       Most Christians don't know that the book of Revelation tells us that the Messiah will be revealed to the world when He gathers the 12 tribes of Israel during a time of great tribulation upon the earth.

        By not knowing these things, the 'foolish virgins' miss the 'wedding' (Messiah's second coming to gather the exiles of Israel).

        The 'foolish virgins' don't even realize that they are missing a wedding until the 'midnight' hour. When they go to "buy" (try to understand what they dont' know), they aren't able to "buy".

         I believe that because the collapse of the US dollar and the economic collapse of the USA is so near that we are SOON nearing the days when the 'foolish virgins' won't be able to buy.

              HOW CAN YOU BE A WISE VIRGIN?

              How can you be a wise virgin? I wrote three books which deal specifically with explaining to whom could have been 'foolish virgins' how to they can become 'wise virgins' by knowing how the Sabbath and Festivals teach about the second coming of the Messiah and by understanding how their faith in Yeshua as Messiah is related to His role to gather the 12 tribes of Israel.

              These three books are:

#1) Seven Festivals of the Messiah
#2) Who is the Bride of Christ?
#3) Restoring the Two Houses of Israel

             I have about 300 copies of the 'Seven Festivals' and 'Restoring the Two Houses of Israel' and about 150 copies of the 'Bride of Christ' books.

             When these copies are sold, I DO NOT plan to reprint these books. Why? It is because 'midnight' is coming and it will be time to 'goto the wedding'. There won't be anymore time to instruct those who are still 'foolish virgins'.

             Some believe that the 'Seven Festivals' book is out of print. They are trying to 'sell' the autograped copies of this book on 'Amazon' and 'Barnes and Noble' for as much as $75 to $98 a copy. This is TOO MUCH!

              I am still willing to sell the Festivals book for $15. Please don't pay $75 to $98 for this book from those who think that it is out of print. Instead, you can get your own copy for $15.


                            THE COST OF THE BOOKS

             The Festivals book is $15 plus $5 postage = $20

             The Bride book is $20 plus $5 postage = $25

             The Two Houses book is $20 plus $5 postage = $25.

             Since I only have about 150 Bride books left, only 150 people can possibly get all 3 books.

              If you get:

#1) Festival AND (Bride OR Two House). The cost is $35 postage paid.

#2) All 3 books are: $50 postage paid.

               
                     WHO MAY ORDER THE BOOKS?

      From December 27 - January 31, these books may ONLY be ordered by those who live in the USA.

      Why only the USA? The collapse of the US dollar will effect those living in the USA the hardest. This is a 'final' opportunity for those in the USA who don't understand these topics to get these books and read and study this information for themselves.

      There are 50 states in the USA. I only have enough Bride books for 3 people from each of the 50 states to get a book.

       After January 31 when people in the USA have their chance to get these remaining books, I will extend the invitation to those who live outside the USA.


                         HOW TO ORDER THE BOOKS

        You may ONLY order the books by sending a CHECK to:

Hebraic Heritage Ministries Int'l
PO Box 81
Strasburg, OH  44680

         Please make your check out to: (Eddie Chumney).

         Given that the US economy and the US dollar may collapse in 2009, please take advantage of your opportunity to SPIRITUALLY PREPARE.

          When the collapse of the US dollar happens, many in the USA will be upset with the US government and feel like they have been betrayed by the US government. These people will want to rebel against the US government.

         When the collapse of the US dollar happens and the US government can't pay its bills, DON'T fight against the US governement. The book of Revelation says that you can't make (PHYSICAL) war (trying to fight against the US government) against the (head) of the beast (Revelation 13:4).

            Instead, BE PREPARED for your WEDDING.

            The "wedding" is the reunification of the 12 tribes of Israel.

             According to Revelation 12, the reunification of the 12 tribes of Israel happens during the GREAT TRIBULATION (the last 3 1/2 years) before Yeshua sets His feet on the mount of Olives.

          Remember, I have no plans at this present time to reprint these three books once the remaining books are sold.

           Please make your orders as quickly as possible.

           The deadline for USA orders is January 31.

Eddie Chumney
Hebraic Heritage Ministries Int'l
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