Here We Go

Jesus Christ Is Lord!
11 August 2010

The coming collapse and how the TARP sowed the seeds of it.

The intervention into the housing loan market by the federal government enabled people to borrow money they couldn’t pay back. The next step after the inevitable collapse of that market was for the feds to use it as basis and justification for further intervention and ultimately control over our banking system. The banking industry has been nationalized, or as I prefer, socialized in that they have been made a key in the final collapse through their implementation of the regulations that are bringing that result.

This is the way it is happening. First off anyone with common sense would conclude that as a result of the destruction of the housing market and the home loan market we should reverse what caused it. That presupposes that correcting that problem is the priority.

Only in realizing that the priority lies somewhere other than a solution can we understand the actions that were actually taken. These included tightening of the regulation, federal scrutiny and equity coverage requirements of all loans. In other words, if a bank loaned money they had to be sure that the amount loaned was backed by a cash flow that supported repayment and that the amount of the loan was in a proportion that allowed sufficient equity in the collateral if the loan did go bad.

Here is where this has mutated; as we see the values of all real estate property has declined drastically. The federal government is now talking about forgiving home loans where there is no or negative equity and at the same time relaxing the regulations that led to the problem in the first place. When and if implemented this will have its affects after the collapse in prolonging it.

The collapse will come through the affects of these regulations on the commercial loan market. (This is also part of the current administration's anti business and wealth redistribution policy.) Most commercial loans are short term loans amortized over longer terms with balloon payment after several years. Estimates are that over 50% of all commercial loans are in negative equity positions. Unlike a home loan where negative equity only affects you if you want to sell, and as long as you make the payment you keep your house, these commercial loans are now more tightly scrutinized every several years when these large balloon payments are due and the loan must be renewed.

An example is: several years ago a business bought a piece of property and put 1.2 million down and borrowed 3 million from a bank. The property appraised for 4.7 million. Today that loan is due and the new appraisal comes in at 3 million. The bank comes back to the business and says in order to renew this loan you need to pay another million toward it and we will only lend 2 million. (This is the socialization/redistribution mentality at work; don’t enforce regulations on those who are the problem and don’t pay, but take up the slack on and go after those who do pay.)

The business above was intending to use this now demanded one million dollars to build an apartment complex on the same land. Many jobs and much economic activity would have been created. Instead there will be nothing.

This business is actually a person, a family, me and mine. I will pay what they want and in turn based on this, another similar situation and the coming tax increase I will go into survival mode until all this passes. I and many others doing this and the worse affects of the foreclosures that will come from those who don’t have the money to refinance will bring on the collapse.

Here we go.

From 20 November, 2008

Here is the way I see it, and this is the way you chose/want it.
2008, same as we see now.
2009, no change, mid year some signs of upward turn but by fall shown to be false hope.
2010, some early signs of some hope but by midyear the realization of total collapse sets in. Total collapse of world economy by end of year 2010.
2011, no improvement and we start drastic measures toward real recovery.
2012, no change and reevaluations of world values and political systems.
2013, first signs of the upward turn.
2014, Everything on track for recovery.
2015, Recovery continues strong.

All of this is related to the economy. I haven’t mentioned the other aspect.

From 22 February, 2009

The tantrum continues. I have to conclude they are trying to destroy the system.
Think about this logically. Every time there is negative news in the economy it is followed by some statement that increases the panic.

Example: Talk of nationalizing the banks causes a mass selloff of bank stocks. Follow that up by stating you are going to now move forward vigorously with tax increases.

They have to know what they are doing. It is a blitz.

One could speculate that this is a calculated strategy to destroy the system as a means of quickly remaking it. Strategy or blind ignorance and incompetence, either way the outcome is the same.
The nation is being systematically destroyed.
I hate to say I told you so, but I told you so. He is the destroyer. There is a high likelihood that he is also insane.
From the MayoClinic.com
Narcissistic personality disorder symptoms may include:
 Believing that you're better than others
 Fantasizing about power, success and attractiveness
 Exaggerating your achievements or talents
 Expecting constant praise and admiration
 Believing that you're special
 Failing to recognize other people's emotions and feelings
 Expecting others to go along with your ideas and plans
 Taking advantage of others
 Expressing disdain for those you feel are inferior
 Being jealous of others
 Believing that others are jealous of you
 Trouble keeping healthy relationships
 Setting unrealistic goals
 Being easily hurt and rejected
 Having a fragile self-esteem
 Appearing as tough-minded or unemotional
Although some features of narcissistic personality disorder may seem like having confidence or strong self-esteem, it's not the same. Narcissistic personality disorder crosses the border of healthy confidence and self-esteem into thinking so highly of yourself that you put yourself on a pedestal. In contrast, people who have healthy confidence and self-esteem don't value themselves more than they value others.
When you have narcissistic personality disorder, you may come across as conceited, boastful or pretentious. You often monopolize conversations. You may belittle or look down on people you perceive as inferior. You may have a sense of entitlement. And when you don't receive the special treatment to which you feel entitled, you may become very impatient or angry. You may also seek out others you think have the same special talents, power and qualities — people you see as equals. You may insist on having "the best" of everything — the best car, athletic club, medical care or social circles, for instance.
But underneath all this grandiosity often lies a very fragile self-esteem. You have trouble handling anything that may be perceived as criticism. You may have a sense of secret shame and humiliation. And in order to make yourself feel better, you may react with rage or contempt and efforts to belittle the other person to make yourself appear better.
Isaiah 43 & 44, Deuteronomy 32 & 33

Joan Swirsky
Obama’s Revenge
February 6, 2009

Once upon a time, a white teenager from Kansas got pregnant by her black Kenyan boyfriend, Barack Obama Sr., or was it her husband? Whatever. (I say no whatever because we’ve never seen either marriage or divorce certificates). Some say the couple was in Kenya visiting relatives when the birth of their son, Barack Obama Jr., occurred. No matter. (I say no matter because we’ve never seen an authentic birth certificate). By the time the baby was two years old his father abandoned him for his other wife and child in Kenya.

I wonder how toddler Barry felt when his father left him, and never reappeared until a single time when the boy was 10. Bewildered? Sad? Lonely? Angry? What do two-year-olds do with those feelings?

It didn’t take long for Barry’s mother to meet and marry an Indonesian native named Lolo Soetoro. They moved to Indonesia, where her child became Barry Soetoro, took on Indonesian citizenship, and was presumably schooled in public, Christian, and Muslim schools. (I say presumably because we’ve never seen those school records). But when Barry was 10 years old, his mother sent him back to the U.S. to be raised by her parents, Madelyn and Stanley Dunham, although she kept her baby daughter Maya Soetoro with her.

I wonder how the by-now fully-sentient young Barry felt when his mother sent him packing. Sad? Jealous of the baby who remained behind with mommy? Confused and dizzy by the disparate cultures – languages, customs, foods, sights, sounds, schooling – he had experienced? Resentful? What did Barry do with those feelings?

By the time he was 10, the boy had been abandoned three times – by his father, stepfather, and mother. And although he was raised by his white grandparents in Hawaii – where “people of color” were not his color – he found out soon enough that his mixed-race background rendered him, in effect, an outsider. Did that make him feel self-conscious, indignant, victimized?

But he wasn’t altogether an outsider. In Hawaii, young Barry met Frank Marshall Thomas, his first and perhaps most influential mentor. The infamous Marshall, a Communist activist (and self-confessed pedophile) taught Barry – was it Obama, Soetero, Dunham? – that white people were the devil incarnate and that blacks were the most “victimized” people on earth.

Yet the abandoned and rejected child was lucky. His white-devil grandparents gave him a comfortable life in Hawaii, and an education that apparently qualified him to attend several prestigious schools – Occidental College in CA, Columbia Univ. in NY City, and Harvard Law School in Cambridge, MA.(I say apparently qualified because we’ve never seen any of his college transcripts).

Barry Morphs into Barack
After his undergraduate days at Columbia, Obama chose not to go to graduate school, but instead held various jobs in the Big Apple and then moved to Chicago to become a community organizer. Although he had been exposed to American exceptionalism through his life in the United States and his privileged education, it is clear that his experiences in impoverished Kenya and totalitarian Indonesia, as well as his exposure to Marshall and the other radicals he had met during his years in New York – among them the unrepentant domestic terrorists William Ayers and Bernadine Dohrn of Weather Underground infamy – made the deepest and most lasting impressions.

Their messages of American imperialism and its white-devil culture clearly resonated in the thrice-abandoned boy. In his young-adult and adult years, free to choose his friends and pursuits, he opted exclusively for far-left socialists and Marxists, and activities aimed at relieving the suffering of people he perceived to be as victimized as apparently he felt he had been. He understood their feelings of helplessness, hopelessness, and impotent rage, as well as the pain of fatherlessness. After all, his Harvard-educated father consciously chose to leave him. And his mother gave him away. Was that depressing to Barry? Infuriating?

When given the opportunity to join one of dozens of churches in Chicago, Barry – who had morphed into Barack – opted for the Trinity United Church of Christ, which was led by the fire-breathing Rev. Jeremiah Wright, whose decades-long anti-American and anti-Semitic rants apparently resonated in Obama’s rejected and abandoned heart and soul. (I say apparently resonated because in over 20 years of regular attendance, Obama said he heard nothing inflammatory or anti-American, and we’ve never seen the videotapes of any sermon, although each one was unfailingly recorded).

“God damn America,” Wright raged. “The chickens have come home to roost,” he “preached” to his whooping and hollering congregation after 9/11. Obama heard nothing.

But it wasn’t only Wright who Obama was attracted to in Chicago. He was also drawn to another hate-spewing radical, Rev. Louis Farrakhan, as well as to the raving Father Michael Phleger, the radical Islamist Khalid Rashidi, his friends and neighbors the Ayers, and to equally-close friends “Tony” and Rita Rezko – Tony being the notorious “fixer” and now-convicted-and-imprisoned felon for fraud, bribery, and money laundering. What did the seemingly mild-mannered Obama find so irresistible in these angry and/or crooked people and others like them? Was it the same thing that a shy man finds in his attraction to a flamboyant girlfriend – and alter-ego, a person who expresses what he really feels but is unable to give voice to?

In these relationships and in community organizing – which offers inner-city mostly-black residents job training, tutoring, and methods to organize tenants’-rights groups and voter-registration drives, etc. – the twenty-something Obama apparently found his calling, and also a renewed and burning ambition.

With Friends Like These
While his community-organizing job paid a paltry $12,000 or so per year, Obama somehow managed to pay his way through one of the priciest graduate schools in the world, Harvard Law School. (I say somehow managed because we have no record of his tuition payments). Even more amazing, he became the first black president of the Harvard Law Review without ever producing a written paper – or at least a paper that the public has ever read.

There is a good deal of evidence that Obama’s acceptance at Harvard Law – and his tuition – were facilitated by friends who had a vested interest in the community organizer. Among them was Percy Sutton, a former Manhattan borough president and ardent leftist, who was also Malcolm X’s lawyer. In an interview last year, the octogenarian Sutton stated: “I was introduced to [Obama] by a friend. The friend's name was Dr. Khalid al-Mansour, and the introduction took place about 20 years ago.” Sutton described al-Mansour as "the principle adviser to one of the world's richest men" and suggested that al-Mansour was raising money for Obama. Knowing that Sutton had friends at Harvard, al-Mansour asked him if he would write a letter to Harvard recommending Obama, which Sutton did most agreeably. This took place about 1988 when 27-year-old Obama was applying to Harvard Law.

Journalist Jack Cashill has credibly speculated that Obama’s two memoirs were actually written by his pal Bill Ayers, who was and is a University of Illinois at Chicago English professor, having escaped life in prison on a technicality. Two years [after he was admitted to law school], Cashill writes, “while still a law student, Obama improbably received an advance to write a memoir that would be called `Dreams From My Father: A Story of Race and Inheritance,’ which was published in 1995.” His second memoir, published in 2006, was “The Audacity of Hope: Thoughts on Reclaiming the American Dream.” (I suspect Cashill said “improbably received an advance” because, as stated earlier, Obama had not produced even one paper or distinguished himself in any way to have inspired a major publishing company to approach him).

Al this begs the question: Who writes two memoirs about himself before the age of 45? My own speculation is that it could be no one but a narcissist. As most people know in this age of pop psychology, the psychiatric disorder of narcissism derives from the Greek myth in which Narcissus, a handsome young man, became obsessed with himself and fell in love with his own image as he gazed into a pool of water. A lot of people have some degree of narcissism, which is characterized by grandiosity, an unquenchable need for admiration, unhealthy self-absorption, dependence on the affirmation of others, and also a lack of empathy, which is hidden by both personal charm and the kind of earnest language that pretends to “feel your pain.”

Or he could be a malignant narcissist., which psychiatrist Dr. Otto Kernberg, a legendary leader in thought disorders, compares to a narcissist on steroids. This variety involves paranoid traits (think of Obama’s thin-skinned, quasi-hysterical reactions to Rush Limbaugh and Sarah Palin), and ego-syntonic aggression, which means the person is perfectly in-sync with people who have the courage he lacks to lash out.

But consider the source! Obama’s father was a self-aggrandizing narcissist who thought nothing of throwing his son away to fulfill his own ambitions and his mother also threw him away for the same reason. Talk about DNA, which Obama perfectly exhibited when, during his campaign, he unflinchingly dispensed with both his white grandmother and his black “mentor” Rev. Wright for his personal ambition.

Grooming the Perfect Marxist Candidate
This leads me to only one conclusion, which I wrote about in a former article: “Obama: The Trojan Horse.” My theory is that President Obama’s narcissistic charm, even temperament, skill with words (teleprompter included), hunger to please, radical agenda, and subterranean rage at the “unfair” American system have been brilliantly exploited by powerful leftist radicals and Marxists in the United States, who for decades have plotted America’s path to socialism. He is their pawn, totally dispensable but handy while the “aura” lasts.

These “handlers” saw in Obama the ideal blank slate on which to actualize their agenda, and they made sure the slate remained blank by concealing (or destroying) any evidence of his past, including his birth certificate, Selective Service record, visa(s), school transcripts, and other vital documents. All of which is costing his moneyed backers – including America-loathing billionaire George Soros – multimillions in lawyers’ fees to fight the proliferating lawsuits that seek the truth about this stealth president.

In fact, former ambassador Alan Keyes, one of the many plaintiffs seeking proof of Obama’s American citizenship, has reported that Obama’s lawyers have now filed a motion “to quash our effort to obtain the relevant documents…[which] confirms Obama's ruthless determination to destroy anyone who continues to seek the information the Constitution requires. Obama thus signals his intent to bring financial ruin on those who won't accept his cover-up of the circumstances of his birth is a tactical escalation. It confirms the common sense suspicion that he won't act forthrightly in this matter because he has something to hide.”

It is clear that Obama and his fellow radicals are restive. In the less-than four weeks of his presidency, the new president has taken volumes from the Marxian handbook, which dictates that the stupid masses be blitzed with an overload of information, hollow press conferences, appointments, dismantling of formerly effective national-security programs, et al., in order to set the stage for a massive, Soviet-style takeover of our government, including a civilian national security force that Obama has said should be “just as powerful, strong and well-funded as the U.S. military.” Echoes of Nazi Germany in 1938, anyone?

According to writer Kyle-Anne Shiver, in Obama’s ascendance:

“We have yet to see a more perfect collision of Murphy's Law with the Peter Principle. In only three weeks' time, [he] has signaled to every terrorist on the planet that we are a sorry, groveling, ashamed nation ready to come to the diplomatic confessional. He is closing Gitmo within one year, has suspended trials there, and dismissed the charges against the U.S.S. Cole plotter. [He] has just put our money where his mouth is and is using $20.3 million to bring in Palestinian refugees from Gaza…[he] had the gall to pronounce the so-called economic stimulus bill absolutely free of `earmarks’ and `make-do work’…but according to the Congressional Budget Office [this bill] will do worse to our overall economy than no government action whatsoever.”

And Obama has done all this with the predictable double-speak that characterizes malevolent intention, i.e., touting transparency while concealing everything, speaking of integrity while appointing crooks and incompetents riddled with conflicts-of-interest, supporting energy independence while killing off-shore and domestic oil-drilling and nuclear power, and feigning optimism while he speaks of impending “catastrophe” in order to push through a pork-laden, trillion-dollar-plus Stimulus plan that rewards the corrupt voter-fraud organization Acorn with billions and unions with discriminatory union-only labor agreements, paves the way for socialized medicine, and threatens to take away the most cherished rights of We The People.

As blogger Eric Gurr has said: “We still talk about the health care crisis, the environmental crisis, the oil crisis, the banking crisis. Let me tell you my friends you are about to learn the meaning of the only crisis that matters, the survival crisis.”

You can be sure that the sad-lonely-angry two-year-old, the jealous-confused-resentful 10-year-old, the self-conscious- cheated-victimized adolescent, and the man who found solace in and identified with his hate-America mentors is now determined to redeem all of his demons.

Unfortunately, he is acting out his rage on free-market capitalism, a free press, property and gun rights, a limited constitutional government, protection of the unborn, and everything else that is good and great about our country.

This is Obama’s revenge!

Isaiah 28, Psalms 28

From 27 February, 2009

Which of the destruction and radicalism Obama was sent to bring hasn’t come?

His policies have already destroyed US. The seeds have been sown. I am making plans for major cut backs in employees and spending. It will be those at the low end that are going first. After that it will be the highest end. I have a house keeper and grounds keepers that will be the first to go. Next a couple of my highest paid managers. I have many outside part time and contract people we will be cutting. I have cleaning crews, accounting firm, many different lawyers, advertising people, and many, many other places we spend money that we are going to be cutting out. I use to do it all myself and can do it again.

This is now come and I must make plans to protect my family. I need to be focused on my family. Do you think everyone is going to sit back and do nothing?

They are insane. They think we are going to sit back and let him destroy US. When the dust settles we are going to be standing. As I am implementing my survival plan I am going to give the explanation to each person it impacts. It’s not the economy. I could have survived the economy without much change in operation. The cause is the Obama policies. They are casualties of the Obama war on prosperity and freedom.
(I guess he is actually the cure. Death. Oh death, where is thy sting.)

33Ye serpents, ye generation of vipers, how can ye escape the damnation of hell?
34Wherefore, behold, I send unto you prophets, and wise men, and scribes: and some of them ye shall kill and crucify; and some of them shall ye scourge in your synagogues, and persecute them from city to city:
35That upon you may come all the righteous blood shed upon the earth, from the blood of righteous Abel unto the blood of Zacharias son of Barachias, whom ye slew between the temple and the altar.
36Verily I say unto you, All these things shall come upon this generation.
37O Jerusalem, Jerusalem, thou that killest the prophets, and stonest them which are sent unto thee, how often would I have gathered thy children together, even as a hen gathereth her chickens under her wings, and ye would not!
38Behold, your house is left unto you desolate.
39For I say unto you, Ye shall not see me henceforth, till ye shall say, Blessed is he that cometh in the name of the Lord.

Matthew 23, Amos

Father, Hallowed be Thy name.

Ecclesiastes 5

Jeremiah 26

Psalms 37

In the Name of

Jesus Christ My Lord
Thank You My Father