Bank Corruption
Peter Schiff: QE Is A Monetary Roach Motel
This Is Not a Printing Press! (Or Is It?) Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption that reads “Ceci n’est pas une pipe,” (French for “This is not a pipe”). Everyone who has taken a course in modern art knows that Magritte’s exercise in contradiction was meant to…
Read MoreGoldman Sachs Banker Arrested For Insider Trading Scheme
Goldman Sachs has avoided staying out of the insider trading spotlight for about a year. But on Friday, new court documents reveal that an investment banker at the firm’s New York branch was arrested for his alleged involvement in an insider trading scheme that generated $2.6 million in illicit profits, according to Bloomberg. Bryan Cohen, a vice president…
Read MoreInvestors Panic-Sell Saudi Stocks As Bear Market Erupts
Paul wants to steer Timothy away from that trap. In doing so, he tells him the real source of “great gain;” namely, godliness with true contentment (verse 6). Contentment, in a biblical sense, is the recognition that we come into the world with nothing and that everything we have is a gift from God’s hands…
Read MoreFinancial Storm Clouds Gather
Greed and a desire for riches are traps that bring ruin and destruction. “The love of money is a root of all kinds of evil,” and Christians are warned, “Do not put your trust in wealth” (see 1 Timothy 6:9-10, 17-18). Covetousness, or having an excessive or greedy desire for more, is idolatry. Ephesians 5:5 says, “For of this…
Read More‘Rogue’ Oil Trader Lost $320 Million On Wrong-Way Derivatives Bets
“Don’t let anyone deceive you in any way, for that day will not come until the rebellion occurs and the man of lawlessness is revealed, the man doomed to destruction. He will oppose and will exalt himself over everything that is called God or is worshiped, so that he sets himself up in God’s temple,…
Read MoreBanks Make The Dirty Money Appear To Be Legitimate
Narcissism is the term used in psychology to describe a preoccupation with self. It is a Greek term taken from the name of the mythological Narcissus, who fell in love with his own image and was doomed to die because he would not turn away from it. A narcissist is a person who displays a high…
Read MoreJPMorgan Spoofer Pleads Guilty To Gold Manipulation, Faces 11 Years In Jail
God’s Word says that many people wander from the faith and pierce themselves with many griefs when they allow money to have an improper hold on their hearts. That’s why the Bible contains hundreds of verses on how God wants us to treat money, and this includes the lending of it. Moses addressed this issue…
Read MoreRPT-How to say the ‘R-word’: bank executives grapple with recession talk
Faith and fear cannot exist together. Faith is described in Hebrews 11:1 as being “certain of what we do not see.” It is an absolute belief that God is constantly working behind the scenes in every area of our lives, even when there is no tangible evidence to support that fact. On the other hand, fear, simply…
Read MoreDeutsche Falls To New Record Low Showing ‘Lehman Shock’ Contagion Risk
Are we living in the end times? No one knows when Jesus will return, but the rapture could occur at any moment. God will deal with sin either by grace or by wrath. John 3:36 says, “Whoever believes in the Son has eternal life, but whoever rejects the Son will not see life, for God’s wrath remains…
Read MoreNext Problem-Hyperinflation
The public has lost faith in our institutions and political bodies after having been so obviously, comprehensively and repeatedly lied to over the years. Key to understanding spiritual deception is the fact that we often choose what we want to believe rather than what we should believe, even in the face of the evidence (Luke 16:31). “Even after Jesus…
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