Israel,
Obama, and The Dow's Worst Week Since October 2008
The vast majority of the
nations in the United Nations welcomed Abbas and supported
his efforts for a Palestinian state. During last week, the
US stock market and the world economy were tanking. There
are dire predictions about a world economic meltdown next
month! This is very similar to the economic situation at
this time in 2008!
During late Summer of 2008,
President Bush was pressing to create a Palestinian state
and the US stock market and the world economy was melting
down. It is crystal clear that God has timed the collapse of
the stock market and world economy to the attempt to divide
Israel and Jerusalem. The timing of these events show the
authority of the Bible as God is about to destroy nations
for touching Israel as He WARNS in His word. If the UN
continues to come against Israel, next month could see a
meltdown of the world economy!
Zechariah 12:1 The burden of
the word of the LORD for Israel, saith the LORD, which
stretcheth forth the heavens, and layeth the foundation of
the earth, and formeth the spirit of man within him.
(2) Behold, I will make Jerusalem
a cup of trembling unto all the people round about,
when they shall be in the siege both against Judah and
against Jerusalem.
Dow's worst week since October
2008 09/23/11
"Despite Friday's relative calm on Wall Street, it was a
brutal week for stocks, with investors losing faith in
economies and political leaders around the world. The
Dow Jones industrial average closed the week down 738
points, or 6.4%, its worst weekly performance since
October 2008."
Stock
Market Collapse of October 2008
The following is an excerpt
from my book As America
Has Done To Israel, which documents the
economic meltdown of October 2008. To order my book go
to: As America Has Done To Israel.
"The events of September make it
one of the turning points in American and world history.
The economic meltdown that starting in July 2007 hit full
force in September and carried over into October. The
economic collapse can only be compared to the Great
Depression of the 1930s. Economic forces were unleashed
that will affect the very survival of the United States.
On
September 11, the US Consul General to Israel, Jake Walles
was quoted in the Palestinian newspaper Al-Ayyam about the
progress of the Annapolis plan. Walles stated that Israel
agreed to give the Palestinians control of East Jerusalem.
He also said that Secretary of State Rice's recent visits to
Israel were about dividing Jerusalem.
The
US State Department quickly denied Walles statement and said
the negotiations should be kept private. It is obvious that
Walles was telling the truth and the State Department was
trying to keep a lid on dividing Jerusalem until the deal
was completed. On September 14, the Jerusalem Post reported
that Prime Minister Olmert offered the Palestinians 98.1
percent of the West Bank. He also offered them East
Jerusalem. Olmert was quoted as saying, "The vision of
greater Israel no longer exists. Those who speak of it are
delusional."
On
September 11, Hurricane Ike was heading directly toward
Texas and the Wall Street bank, Lehman Brothers Holding Inc.
was collapsing. Hurricane Ike was extremely large and
powerful. It was 600 miles in diameter and had a massive 20
foot storm surge. Late on September 12, Ike stuck and
damaged almost the entire Texas coast and parts of
Louisiana. The hurricane hit Texas as a Category 3 just east
of Galveston and nearly destroyed the entire city. The eye
traveled north toward Houston. Most homes in the Houston
area lost power in the state's worst power disruption in
history. The entire city was shut down for days. The damage
inflicted by this storm ranged in estimates from $27 to $52
billion making it one of the most destructive in history.
During
September 13 and 14, negotiations to save Lehman Brothers
bank failed, and it went into bankruptcy. This was the
greatest bank failure in United States history at $613
billion. This failure shocked the economic system and set
off a credit crisis throughout the economy. The crisis was a
heart attack to the entire economic system and the stock
market immediately began to meltdown.
During
the following two weeks, the stock market went into wild
swings with it falling in huge numbers and then rising by
huge numbers. This became the worst stock market crisis
since the crash of 1929. To calm the people's fears, the
President called for a $700 billion taxpayer bailout of the
banks and stock market.
To
promote this bailout, on September 25, the President invited
the two presidential candidates along with congressional
leaders to the White House to discuss the economic crisis.
This meeting took place at 4:00 PM. Just three hours prior
to this meeting, the President met with Mahmoud
Abbas, President of the Palestinian Authority to discuss
the progress of the Annapolis Conference! At the height of
the economic turmoil, the President met with Abbas over
dividing Jerusalem!
On September 29, the great
stock market meltdown of 777 points took place. This day
was also the biblical feast of Rosh Hashanah, the Jewish
New Year. This 777 point fall was the greatest and shook
the US market to its core. The next biblical holiday Yom
Kippur, the Day of Atonement took place 10 days later. The
10 days between the two holidays are called the "Days of
Awe."
During
the "Days of Awe," the world markets began to collapse
until on Yom Kippur, October 9, the market fell 679
points. During these holidays and the "Days of Awe," the
market lost 2,400 points for a 22% loss! The greatest
sell off since the crash of October 1929. On
October 9, 2007, the stock market reached its all time
high of 14, 164. Exactly one year later, the market had
lost $8.1 trillion and some of the largest banks in the
country had disappeared.
The last biblical holiday
is called Tabernacles which this year fell on October 15.
On this day, the stock market again crashed falling 737
points for the second greatest one day fall. On these
three biblical holidays, the market fell a total of 2193
points!
The crash on Rosh Hashanah
that shook America turned into a world collapse on Yom
Kippur. On Yom Kippur, the leaders of the West called for
international action to stop the crash as markets and
banks were collapsing world-wide. To stop the collapse,
nations nationalized their banks in an attempt to halt a
complete economic meltdown. This meltdown changed the face
of world economics almost overnight."
Israel and the Middle East War
Palestinian leader rejects intl
peace blueprint 09/24/11 It appears that the
Palestinians want to make the UN created the state! There is
intrigue going on with bluffing and disinformation flowing
so it is hard to tell what is happening, but there is no
doubt in mind that all this diplomacy is going to focus on
dividing Jerusalem. I will follow this as it plays out day
by day. This is amazing to watch in light of Biblical
prophecy. The fate of entire nations are hanging in balance
as God is ready to execute judgment!
Psalm 2:7 I will
declare the decree: the LORD hath said unto me, Thou art my
Son; this day have I begotten thee. (8) Ask of me, and I
shall give thee the heathen for thine inheritance, and the
uttermost parts of the earth for thy possession. (9) Thou
shalt break them with a rod of iron; thou shalt dash them
in pieces like a potter's vessel.
(10) Be wise now therefore, O
ye kings: be instructed, ye judges of the earth.
(11) Serve the LORD with fear,
and rejoice with trembling.
(12) Kiss the
Son, lest he be angry, and ye perish from the way, when
his wrath is kindled but a little. Blessed are all they
that put their trust in him