Rekjalhew

November 18, 2008

China, Buying Up America For The Kill.

by @ 11:24 am. Filed under Business, Evangelicals Under Attack

While America builds a grave of debt for herself, China is rushing in to pick up the bones.

China Passes Japan as Biggest U.S. Treasuries Holder (Update1)

By John Brinsley and Rebecca Christie

Nov. 18 (Bloomberg) — China surpassed Japan in September to become the biggest foreign holder of U.S. Treasuries, as foreign investors sought the relative safety of government debt as stocks plunged 9.1 percent that month.

Total net purchases of long-term equities, notes and bonds increased a net $66.2 billion in September from $21 billion the previous month, the Treasury said today in Washington. Including short-term securities such as stock swaps, foreigners bought a net $143.4 billion, compared with net buying of $21.4 billion the month before.

China led all foreign official investors in September by posting a net increase in U.S. Treasuries for the sixth month in the past seven, bringing its total ownership close to $600 billion. Japan was a net seller of Treasuries for the fourth month in the past six.

“The details of the report paint a much more positive picture of cross-border investments than expected,” said Michael Woolfolk, a senior currency strategist at Bank of New York Mellon Corp. “China, along with others, is showing more demand than anticipated for U.S. assets.”

Economists predicted international investors would buy a net $27.2 billion of long-term securities in September, based on the median of seven estimates in a Bloomberg News survey.

China leapfrogged Japan, increasing its Treasury holdings by $43.6 billion to $585 billion, the report said. Japan, now the second-largest foreign owner of U.S. government debt, reduced its holdings by $12.8 billion to $573.2 billion.

China Demand

China’s ownership of U.S. government debt has doubled since July 2005, while Japan’s holdings are down from a peak of $699 billion in August 2004.

Foreign demand for Fannie Mae, Freddie Mac and other U.S. agency debt increased from a month earlier. Purchases of long- term agency debt totaled a net $6.2 billion, compared with net sales of $8.7 billion in August.

The Treasury’s figures include both agency debt and mortgage-backed securities and aren’t restricted to Fannie Mae and Freddie Mac bonds. Mortgage-backed securities of Ginnie Mae and corporate debt of the Federal Home Loan Bank System are also included in the report.

Stocks plunged and Treasuries rose in September as Treasury Secretary Henry Paulson negotiated for two weeks with Congress over a $700 billion plan to address the worst financial crisis in 70 years.

The U.K., which through London acts as a transit point for international investors, especially those in the Middle East, bought $30.3 billion of Treasuries, bringing holdings to $338.4 billion.

Let me show you some video of how America’s new largest treasuries holder and likely future largest debt holder treats Christians. Below is a video playlist of 7 short videos. Please withhold comments till you’ve had an opportunity to view them all in full.



Playlist: Abuse of Christians in China

Hold fast to Christ, pray for our persecuted brothers and sisters and pray our Lord returns swiftly. We may have to endure some pain, but the eternal reward is more than worth it.

November 16, 2008

Unbelievers Can See Through Rick Warren’s Game Too! (Audio)

by @ 2:49 am. Filed under Audio, The Truth Shall Set you Free!

I’ve always found it interesting, how Christians can sometimes fail to recognize a false teacher, yet often unbelievers show they realize when someone is not true to Christian doctrine better than many Christians.

So prior to the elections, one of the many pieces of tripe I watched off my DVR was the Saddleback Forum. Where Rick Warren had a sit down chat with the then 2 leading US Presidential candidates, John Sidney McCain, III and Barack Hussein Obama, Junior. Now in ancient Rome “citizens” who were not very poor could vote for Senators, but we have no record in scripture of the Apostles taking it upon themselves, to help any saint decide which Senator to vote for. (When speaking about ancient Rome, some who acknowledge historically saints chose to abstain from political involvement, often act as if nobody could have voted at all if they desired.) Oh, but we’re talking about Rick Warren, so of course scripture and church history mean nothing when this man can make a spotlight for himself. (And I’m not trying to tell anyone not to vote. I voted, although not for any of the Presidential candidates, I voted in other races. I’m just telling the honest truth, that we Christians today have spun a view of politics, that is not in agreement with the posture of many saints before us.) While I’m not against Christians making a choice to vote, I do have an issue with pastors who feel they must (or should) present publicans to the church. The only message the church should play host to is the Word of God, not politicians holding ear tickling sessions. So any pastor who “host” a session for his “church”, to indulge publicans, is to me a pastor that is not focused on the teaching and preaching of the Word of God. But I watched the Saddleback Forum and thought it was junk.

Well, before I had an opportunity to watch the Saddleback Forum, my brother in Christ and reader of this blog Remnant, told me to check out Michael Savage’s comments about the forum. I waited till after I viewed the Saddleback Forum in full and even till after the election, before I decided to listen to Michael Savage’s comments, which I had archived to listen to. (Yes I still record various talk radio programs from time to time.) Well it was interesting listening to Michael Savage’s comments about the Saddleback Forum. Because although Michael Savage is an unbeliever primarily concerned about immigration issues, his view of the forum, Rick Warren and the candidates was very much on point. It was how I felt, although my primary concern was the matter of this nation’s shedding of innocent blood via abortions and embryonic stem cell research. It was interesting to hear Michael Savage explain, that what Rick Warren puts up as Christianity is not really the gospel and actually an effort to twist and pervert the gospel.

So give Michael Savage’s take a listen.

Michael Savage on the Saddleback Forum, Rick Warren, McCain and Obama, recorded 8/18/2008 - MP3 Audio (Size: 1.38 MB)
(If linking, please link to this post, not the media file. For the sake of bandwidth there will be no other formats made.)

Related posts:

November 14, 2008

Former Illinois State Senator, Now President Elect Barack Hussein Obama, Junior. Arguing Against Born Alive Legislation.

by @ 6:08 pm. Filed under Nuts on Parade, The Truth Shall Set you Free!

The audio in the YouTube clip below is from 2001.




Audio: Obama argues against Born Alive legislation in IL state senate

The video below is from this year.



Hillary Rodham Clinton and Barack Hussein Obama, Jr. dodge that abortion is murder. Life begins at conception!


Related post:
How The First Thing Barack Hussein Obama, Junior Plans To Do As President Will Increase Deaths In America By Over 100,000 A Year.

November 12, 2008

President Elect Barack Hussein Obama, Junior. Has Taken And May Continue To Take Counsel From A Homosexual So-Called Bishop.

by @ 11:31 pm. Filed under Nuts on Parade

See the post at Gay Christian Movement Watch titled: Will gay bishop become Obama’s spiritual advisor?

There is some good news in this. The good news is, we have more evidence the Lord’s return is nearer than ever before.

You who don’t know the Lord Jesus need to consider John 3 (really it’s best to start at John 1 and read the whole book), believe in Him, turn from wickedness, or perish.

Some Financial Analysts Are Starting To Claim The US Is Headed For Economic Doom!

by @ 1:15 pm. Filed under Business

I’ve already mentioned how America was economically in bad shape and making things worse.

But check out what was said in the exchange in the video on this web page.

I’m just saying, beware of rough water ahead.

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