Our New Website URL
http://www.rapturebibleprophecyforum.com
For Fair Use Discussion and Educational Purposes


http://www.fivedoves.com/letters/dec2012/randy1231-1.htm
+++++++++++++++++++++++++++++++++++++++++++++++++
Facebook Page Rapture Bible Prophecy Forum: Please Check it out:LIKE it!


Randy (31 Dec 2012)
"Another GREAT Article by Winfred Hahn - an Econimst who understands the Last Days Dynamic"


--------------------------------------------------------------------------------



What Values and Virtues without God?
http://www.raptureready.com/featured/hahn/h88.html

and
Lures of Monetary Immorality
http://www.raptureready.com/featured/hahn/h87.html (The better of the two articles....but both are good!)

Mr Hahn ranks right up there with my FAVORITE End Times Writers......like the guys at Rapture Ready and others.

I could not agree more with what he/they have to say about the times in which we live and how more and more events, including the Fiscal Cliff, the National Banks all around the world buying up their nations' debt load, and how that MUST one day (soon) become a huge balloon ready to pop.

Mr Hahn uses some of my own words, in the second article,.....and part of my ideas........

Example: (I've said it for a couple years......"everyone in Washington is just kicking the can down the road" NOTHING has been fixed!!
If anything, the ultimate crises and collapses will be worse than they needed to be, due to the many techniques used to kick the proverbial can down the road.

and...

These are deep problems of a moral nature that secular governments are ill-inclined to solve. What, therefore, is the solution? Apparently, the answer is very evident. Policymakers are looking to central bankers to come up with the fixes and/or deferrals. We are stunned to consider that any knowledgeable policymaker could actually believe that the “monetary wizards” who run central world banks and other financial transnational organizations can implement policies that will solve problems that are moral in nature. This would be patently ridiculous…to use fictitious money (itself immoral) to solve mankind’s moral deficiencies.
As such, we are inclined to believe that something very opposite will occur. Central banks will pursue even greater “monetary immorality.”


In my words.......Politicians are turning to the nations' Central Banks (like our Federal Reserve) TO SOLVE THEIR PROBLEM of OVERSPENDING!!! UH OH!!

QUOTE, again....
Just as societies can change their popular views with respect to new fads and morals (no one makes a big deal about long hair and facial piercings anymore these days as was once the case), it is also this way with the accepted norms of monetary protocols. This changing of the “monetary morals” is already well underway. Many do not see this as they assume that central banks will someday unwind their interventions.
(My comment....this is a HUGE mistaken assumption!!)

Moreover, they are blinded by the accepted conventions of central bank accounting.

FOLLOW THIS-----------------------------------------
To demonstrate this last point, consider this question: If the U.S. Federal Reserve (Fed) buys up U.S. treasury bonds, is the debt-to-GDP ratio of the U.S. actually being lowered? We “predict” yes. How so? It will be an enticing solution. Consider the mechanism. The Fed pays for the U.S. treasury that it buys with new created money. It simply adds a liability to its balance sheet and shoves money out of thin air into the banking system. The cost of capital for the Fed is virtually nil and yet it now collects the interest payments earned by holding the U.S. treasury bonds. What happens to this income? It is added to the profitability of the Fed. At the end of every year, this central bank transfers its profits to the federal government. (I did NOT KNOW this!!!!)

What has happened? The interest cost of this debt has been lowered to the U.S. government (effectively, getting it rebated back). And, if the Fed never again sells down its treasuring holdings (maintaining them at the same level), isn’t this virtually the same as lowering the U.S. federal debt burden? Yes, so it will be perceived. It would be the equivalent of these bonds being retired. Yet, the accounting convention of the central bank will be to still show these bonds as an asset. What you see therefore promotes a structural illusion.

If global economic torpor and deflationary demand shocks continue, we would expect even more treasury bond purchases by the Fed (this applying to other central banks as well…i.e. the ECB). Why wouldn’t policymakers propose retiring massive amounts of government debt in this way? This would appear to be so much more pleasant than intolerant austerity policies…so seemingly painless. Of course, this perception couldn’t be more wrong, though surely alluring and easily pandered.

My comment: Just a week or two ago....I "hypothisized" that what if, one day, the US Government passed a law saying 'the US government will no longer PAY interest on the bonds HELD by the Federal Reserive. HEY.......if the PROFITS from the Federal Rreserve Bank are paid BACK to the US Government at the end of each year, then in effect I WAS RIGHT....and it is ARLEADY happening.

IF interest PAID on US Government bonds held by the Federal Reserve, thus ADDING to the profitability of the Federal Reserve Bank......and the Federal Reserve Bank then PAYS that interest BACK to the US Government...........in essence, THERE IS NO INTEREST BEING PAID OUT TO US GOVERNMENT BONDS HELD BY THE FEDERAL RESERVE....and then,


As the article sufggests..


WE CAN EXPECT TO SEE MORE AND MORE PUBLIC POLICY TO USE THE FEDERAL RESERVE TO BUY UP MORE AND MORE US GOVERNMENT BONDS...

AND.....IN FACT...

WE ARE.......AREN'T WE? CERTAINLY....WE ARE SEEING THIS. More and more WITHOUT END...right?

Holy cow...... what a great article!!

Every central bank in the world is BUYING UP their nation's bonds...WOW!

TICK TOCK....................................
The first article suggests that even the fall of the Roman Empire was caused by:
1) Moral failures...........and
2) Public policy MONETARY Failures.

Mr Hahn points out that in the end, the "amount of silver in Roman coins was lowered."

In other words.......
1) The Romany currency was NO LONGER backed by as much SILVER as before. Hmmmm.......remember when the US came OFF the Gold Standard, to back the US Dollar in the 1970's?????
and,
2) You can infer that WE ARE DOING EVEN WORSE to our US Economy...and thus to the WORLD economy......by ALL OF THE LEADING COUNTRIES "printing money" by using the central bank to buy up government bonds WITH NO MONEY really being paid to buy those bonds.....

Hmmmmm...can you say "death spin?" AS in an airplane that goes into a spin, and with each successive 360 degree spin, the spin gets tighter and tighter and faster and faster......

Mr Hahn says "All of the problems we identify today are the direct consequence of past choices and unwise policies." (Each decision makes the spin tighter.....and faster"
THUS...TICK TOCK!! The domioes are ALL LINED UP!)

and..
" If anything, the ultimate crises and collapses will be worse than they needed to be, due to the many techniques used to kick the proverbial can down the road."

I strated this post with the intent to just post the link to the articles.....
But, I got INTO THIS......

Question:
Over the past 40 years......did the monetary and political policies of the United States "really" cause the US Stock Market to go up as it has from a DOW Jones level of 2000 in 1987.....to around 13,000 now? Or have they just "juiced" the system again and again and again???? If the answer is "juiced" ........ what happends with the party ends??

I believe it ends when? Just AFTER the Rapture.

My Hahn makes the case that the End.....the Rapture.....MUST be SOON!!

I hope so....

TICK TOCK,
YFIC,
Randy

PS......Mr Hahn's prediction:
There is one further step that could follow in this slide, and that is to have central banks directly buy the debt instruments of governments (i.e. circumventing the route of buying them in the open market). We would not be surprised if Japan were soon to adopt such a desperate policy.

and then......

PPS.....
Our conclusion is this: Long-term developments look challenging and grim. As such, we are inclined to believe that the downhill slide of “monetary morality” has not finished its course given its many willing complicitors. But, the ultimate fall-out cannot be avoided. We think that all of these current and future developments are very unfortunate as none resolve the underlying problems but rather only redirect their impact to a more deceptive and unsuspecting path, thus “kicking the can down the road” toward to even greater disruptions and crises.

Hmmmmm.........
1) Expect BIGGER Econmic problems......(ah, the airplane spin analogy!) and
2) Doesn't this sound like BIRTH PANGS!!???

YOU BET IT DOES!!! TICK TOCK.....

(I did NOT proof this before sending...I hope it makes sense to those who were diligent enought to read it all the way thru...GOOD FOR YOU!! lol)





++++++++++++++++++++++++++++++++++++++++++++++
Zechariah 12:3,9:
And in that day will I make Jerusalem a burdensome stone for all people; And it shall come to pass in that day, that I will seek to destroy all the nations that come against Jerusalem.


+++++++++++++++++++++++++++++++++++++++++++++

Disclaimer: Rapture Bible Prophecy Forum, ( http://www.rapturebibleprophecyforum.com ) does not necessarily endorse or agree with every opinion expressed in every article posted on this site. We do however, encourage a healthy and friendly debate on the issues of our day. Whether you agree or disagree, we encourage you to post your feedback by using the reply button.

If you are new to this site and would like to post articles, opinions, youtube videos that are appropriate for this site just e mail me at

stevensandiego@ymail.com

I will send you a PASSWORD

Ybic

Steven

Our New Website URL
http://www.rapturebibleprophecyforum.com

Facebook Page Rapture Bible Prophecy Forum: Please Check it out

Our New Website URL
http://www.rapturebibleprophecyforum.com
For Fair Use Discussion and Educational Purposes


http://www.fivedoves.com/letters/dec2012/randy1231-2.htm
+++++++++++++++++++++++++++++++++++++++++++++++++
Facebook Page Rapture Bible Prophecy Forum: Please Check it out:LIKE it!

Randy (31 Dec 2012)
"The US Federal Reserve Bank RETURNS ALL PROFITS each year to the US Government..... LInk / Quote / Proof"


--------------------------------------------------------------------------------



I never knew this.....until I read Winifred Hahn's article I quoted in my other post today.

The quote below is from this website:
http://www.federalreserve.gov/pubs/frseries/frseri3.htm

Federal Reserve Banks generate their own income, primarily from interest earned on government securities that are acquired in the course of Federal Reserve monetary policy actions.

(A secondary source of income is derived from the provision of priced services to depository institutions, as required by the Monetary Control Act of 1980. )

Federal Reserve Banks are not, however, operated for a profit, and each year they return to the U.S. Treasury all earnings in excess of Federal Reserve operating and other expenses.

My comments:
In essence then.......the US ALREADY DOES NOT.......NOT!!...... pay interest on the US Government Bonds held by the federal reserve bank!!!

HOLY COW!!!!!!!!!!!!!!!!!!!!!

SOOOOO........ why WOULDN'T THE US Government want the Federal Reserve Bank to buy up AS MUCH US BONDS AS THEY CAN?????????????/

ANSWER: (Answered with a question)

ISN'T THE FEDERAL RESERVE BANK.....ALREADY....DOING....THIS??????? NONE of the guys in the Obama Administration (Bernanke / Geitner) seem to care AT ALL about how much bonds the Fed Bank is buying up!!! THINK ABOUT IT!!

AHA!! The cat is out of the bag!!!!!!!!!!!! The people running Washington have ALREADY figured out that having the Fed Bank buy up US Debt ....... IS NOT A PROBLEM!!

LOL>........Unbelievable!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

TICK TOCK............

(The Roman Empire would have been PROUD of US!!!!)

YOu can almost hear the system IMPLODING NOW......can't you??

BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

YFIC,
Randy

PS......

So....
1) The moral fall off the cliff....is well under way...
2) The fall off the FINANCIAL CLIFF......is well under way......
3) And there will be signs in the earth........ (earthquakes......tsunamis......... wild weather...)
and
4) There will be wars and rumors of wars......

Dear GOD.......how is that EVERYONE CANNOT SEE what is happening?????

The Dominoes....are ALL......LINED...UP!!

I am truly GLAD that I am
1) A SAVED Christian.......saved ONLY AND FOREVER by what Jesus Christ did for ME.....for US.....on the cross

and

2) That God has taught me about the End Times and the SOON Return of Jesus Christ in a PRE-Trib Rapture, followed by a 7 year Tribulation

I CAN'T WAIT!!!!

ONE: Obama would win RE-election

TWO: The Middle East BLOWS UP - Israel and/or the United States MUST go after IRAN in 2013.....YES?

and

THREE: As the Middle East blows up, somewhere around that time, the RAPTURE HAPPENS?


ONE / TWO / THREE.....will it be in 2013?

Will it be BEFORE Rosh Hashanah, 2013 in early September>

Will it begin in March, April, May...2013???

We shall see!!



++++++++++++++++++++++++++++++++++++++++++++++
Zechariah 12:3,9:
And in that day will I make Jerusalem a burdensome stone for all people; And it shall come to pass in that day, that I will seek to destroy all the nations that come against Jerusalem.


+++++++++++++++++++++++++++++++++++++++++++++

Disclaimer: Rapture Bible Prophecy Forum, ( http://www.rapturebibleprophecyforum.com ) does not necessarily endorse or agree with every opinion expressed in every article posted on this site. We do however, encourage a healthy and friendly debate on the issues of our day. Whether you agree or disagree, we encourage you to post your feedback by using the reply button.

If you are new to this site and would like to post articles, opinions, youtube videos that are appropriate for this site just e mail me at

stevensandiego@ymail.com

I will send you a PASSWORD

Ybic

Steven

Our New Website URL
http://www.rapturebibleprophecyforum.com

Facebook Page Rapture Bible Prophecy Forum: Please Check it out

Hey I am a grad student and at the same time also a Central Banker though not here. I know what the Fed is doing. It just requires a crisis of confidence toward the banking system to cause the whole system collapse!!!
That's actually what every government in the world currently is afraid, the collapse of beliefs system toward the banking system. When this happens, then what happens to German would happen to this country whoever this country is.
When the Fed collapse then the entire world banking system collapse because the Fed is considered as the Central of Central banks indirectly NOT the BIS not the Euro not the Bundesbank.

So in short, the fall of the US will bring the entire world economic system collapse!!!

Gimel Israel

Hi Gimel,
Or Randy if he comes here. Very interesting. What about the stock holders of the federal reserve? I have always read that they won't disclose stock holders and federal reserve is actually private. Is it just after they pay stock holders an undisclosed amount then they give the rest to government. Where is this amount paid too? Where is it reported? Seems fishy to me. anyone with answers.

Hi Gimel and Jason,

I have been e mailing Randy back and forth for a few weeks and TODAY Randy called me and we spoke on the phone for a few minutes.

He seems like a very nice guy but was a bit busy so we were not able to talk much.

Perhaps we will talk on the phone again and he can tell me more about what he is finding out about the banks or he will post on Five Doves and I will continue to post his submissions about this on this thread.

God Bless

ybiC,

Steven


ps: Randy has mentioned that he has visited this site a few times so maybe he will see your question Jason and answer it.

Alot of people on Five Doves view this site from time to time and some have passwords too!