Prayer Needed for Global Economies

If any of you have beaten me to the punch on this one I apologize for putting it up here again.  But this was so good I couldn't avoid sharing it with youse guys.

For these and other reasons Cindy is calling for a Day of Prayer for the World’s Economies on Wednesday, October 29, 2008. They are calling for prayer for the stock markets, banks, and financial institutions of the world on the date the stock market crashed in 1929. They are meeting at the New York Stock Exchange, the Federal Reserve Bank, and its 12 principal branches around the US that day. 

“We are going to intercede at the site of the statue of the bull on Wall Street to ask God to begin a shift from the bull and bear markets to what we feel will be the 'Lion’s Market,' or God’s control over the economic systems,” she said.  “While we do not have the full revelation of all this will entail, we do know that without intercession, economies will crumble.” 

Please visit the image at http://wonkette.com/wp-content/uploads/2008/10/bullprayer2.jpg to enjoy a fine visual with your story.

As this whole thing is sort of disgusting I won't make complete comments on it but will offer instead the following keywords so you can make your own comments -

  • False idols

  • Spiritual, not financial, rewards

  • False Gods

  • Fat Bastards fitting through needles

  • MammonServing one God...

Add your own keywords as you feel the need...

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U.S. - "We're 29th!!! We're 29th!!"... and dropping on infant mortality rates

And what a sad thing to be 29th and dropping in.

The United States dropped to 29th in the world in infant mortality in 2004, the latest year that data are available from all countries, tying with Poland and Slovakia. The year before, it was 27th. In 1960, it was 12th.

The problem is twofold - other countries seem to be getting better, to their credit, while we have stagnated. According to this news brief our rates dropped from 6.89 deaths per 1,000 in 2000 to 6.86 in 2005. The good news is that we've started this century better than the last. In 1900 it was 100 deaths per 1,000 live births.

The bad news is that this story was only deemed worthy of a news brief by Mercury News.

I wait now with baited breath to see which comic siezes on this factoid to make the most offensive new "dead baby" joke.

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Will the market take the U.S. Government down with it?

Oct. 10 (Bloomberg) -- The global financial crisis is turning into a bigger drain on the U.S. federal budget than experts estimated two weeks ago, increasing the deficit and the national debt.

It would be well worth your time to read this exclusive story from Bloomberg. It talks about not just what we've spent so far, but what we're going to spend like it or not. The numbers this comes up with are truly frightening.

For example, take in this quote

The 2009 budget deficit could be close to $2 trillion, or 12.5 percent of gross domestic product, more than twice the record of 6 percent set in a wider lead, according to the CNN/Opinion Research Corporation poll released Monday afternoon,1983, according to David Greenlaw, Morgan Stanley's chief economist. Two weeks ago, budget analysts said the measures might push deficit to as much as $1.5 trillion.

In case you missed it, that's "Trillion" with a big fat "T". Had enough? No? Well chew on this

The additional borrowing could push the national debt well past 70 percent of GDP, the highest since the immediate aftermath of World War II, when the U.S. was still paying off war debt.

This takes into account what we'll be spending on shoring up financial institutions and states who are also destined to suffer. What makes things even worse is that human opportunism is still in high gear during times that call for restraint and sacrifice.

budget watchdogs say the sheer size of the interventions is making Washington more profligate than usual. To attract votes in Congress, leaders added several costly items to the $700 billion rescue, including extensions of some tax credits and tax breaks for makers of wooden arrows and stock-car racetrack owners.
[snip]The rescue legislation ``creates a mask for all sorts of fiscal irresponsibility,'' said Bixby. ``It covers up a multitude of sins.''

Re: WHITEY TAPE - NO JOKE louis farrakhan Calls OBAMA the messiah! Helter Skelter Obama Responsible for Mortgage Crisis U_S_ Debt Clock Runs Out of Digits

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LA man shoots family and then himself

A Los Angeles man who was beset with financial worries after having trouble finding work has shot dead his wife, three children and mother-in-law before turning the gun on himself.

I don't know anymore about this story than you do. That it is reminiscent of the suicidal stockbrokers crosses my mind, and perhaps it might cross yours too...

Michael Moore, the LA deputy police chief, described it as "a very tragic scene, total devastation inside this home.''
"We believe that he had become despondent over financial dealings and the financial situation of his household and that this murder-suicide event is a direct result of that.''

I put this peace under "culture" rather than "world" because mass muder/suicide is not the natural response to financial despondancy but is more a culturally learned behavior.

During the Middle Ages the Western World had a distinctly Catholic flavor. Everything that was said, done written and thought out during the time was liberally flavored with Catholicism. Today, as we know, the flavor has changed. No longer Catholic we are now Capital in our concerns. To paraphrase the 70's Musical Philospher Grand Master Flash -

"It's all about money
Ain' a damned thing funny
You got to have a con
In this land of milk and honey."

Later, Moore described it as "this is a perfect American family behind me that has absolutely been destroyed, apparently because of a man who just got stuck in a rabbit hole, if you will, of absolute despair, somehow working his way into believing this to be an acceptable exit,'' he told the Los Angeles Times. "It is critical to step up and realise we are in some pretty troubling times.''

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