This post is an excerpt from the book Betting on Jesus – Chapter 12. The reason I included this particular chapter was twofold – first, to convince the reader that we really are approaching a point where our economic system will break down, and it will impact all of us to some degree. Second, to make the point that the times we are living in bear a striking resemblance to the times the Bible speaks of that will usher in the Great Tribulation period followed by the Second Coming of Christ.
After the Great Recession in 2008-09, our government elected to initiate policy that would drive economic activity higher in spite of the working classes inability to do so in the aggregate. That was a seminal shift in governmental policy – something we have never seen before on such a massive scale. Our government debt levels headed for the stratosphere, more than doubling from roughly $9 trillion to $20 trillion in just 8 years.
This short excerpt from Chapter 12 explains some of the things that validate my point that we are rapidly approaching a break down in our economic systems, and the path we are on is unequivocally irreversible – of that I am certain, and not based on anything other than my expertise in the area of economics.
As a research analyst, and a fairly decent economist, I see things other don’t see. Things that don’t make a lot of sense if our government leaders are really working to create the best possible world for their constituents. For instance, I’ve seen a massive public welfare program put in place over the last several decades with the recipient of the benefits of this pubic welfare policy being large cap multi-national corporations – those who least need it – not those who are striving to survive, and these mega multinational corporations are being allowed to exploit the working class in ways that will ultimately lead to a breakdown of our basic economic model.
What I am referring to is a consolidation of power in the hands of fewer and fewer big banks and big corporations. Not only does that produce massive wealth for those who control these behemoths, it also creates a condition where all the money is sucked out of local communities, and it virtually guarantees that small local business owners will fail. You can’t compete with the likes of Walmart or Home Depot if you want to set up a business that sells a product that these companies sell. The days of the local lumber yard, the local hardware store, the local home appliance store, the local carpet store, the local paint store – well you get the idea, you just can’t compete.
Expanding on that theme, we see that Jeff Bezos – founder of Amazon – has now surpassed Warren Buffet on the world’s list of most wealthy with a net worth of roughly $75 billion. To fully appreciate how much that is consider what he would make if he were able to put all that money into 10 year US Treasury bonds, perceived by most in the investment world to be as close to risk free as one can get. The answer is $5,136,986 every single day. I don’t begrudge Bezos for making money by the way, I just detest t idea that companies like Amazon are systematically destroying our economy.
Now Bezos seems to be doing all he can to eliminate the Wal Marts and Home Depots of the world – companies that have themselves eliminated millions of small business people. Bezos is obviously smart enough to understand the economic devastation to our economy that will occur as he succeeds in moving his plan forward. He has already – almost single handedly – pushed several major retailers out of business, and others are hanging on by a thread. The day of going to the mall is coming to an end, and with that millions of jobs. So, if he knows this and is still driven to get even bigger than he already is, can we assume that he is in the camp with those Jesus speaks of that serve money rather than God?
The following chart courtesy of Bloomberg shows the spike in Amazon stock in the after hour market following the company’s earnings report in late April, 2017 – a price move that produced a gain of $3.3 billion in net worth in a matter of hours.
Despite my condemnation of Amazon I do business with the company as most of us do. My boycotting of Amazon will in no way impact anything. I find no hypocrisy in this regard. I am also a vocal critic of our government, but nonetheless, I drive on government roads and highways, and I have no plans to tell Social Security and Medicare that I no longer wish to participate.
Bottom line – the system is rigged, and that isn’t a conspiracy theory, that is a fact. Our politicians are owned by these big banks and big corporations. The idea that Democrats are different than Republicans in this regard is just not true. Our political leaders, at least in the aggregate, are our enemies. And, these politicians do the bidding of their bosses – those wealthy individuals and companies that finance their political campaigns – while trying to sell the voters on the idea that they are working for them. And it isn’t that we don’t understand the duplicity of our political class. To the contrary, we do see them as a self-serving, dysfunctional, and highly partisan group that rarely solves our problems, but rather creates them. We just don’t seem able to do anything about it, and one wonders if that isn’t exactly as God intends it to be.
Clearly the Bible maps out a course through history that calls for an end time period of great Tribulation. And, it seems totally logical to me that these huge corporations, the men that lead them, and the political puppets who serve them will ultimately bring about that end time Tribulation. Keep in mind this point – I am not accusing all these people of being non-believers, or for that matter intentionally complicit in the things going on today. To the contrary, I think in many cases they may be God-fearing people – but I also think the system is so entrenched that even those who would want to change it – make it better – find they simply can’t do so. I liken them in some ways to Judas, the disciple of Jesus who betrayed Him for 30 pieces of silver. I have always believed that Judas was not a willing participant in God’s plan for the crucifixion of Jesus. Certainly we know that he did indeed betray Jesus, but we also know that his guilt was so extreme that he shortly thereafter committed suicide by hanging himself. Here we find the words of Jesus describing the betrayal:
After he said these things, Jesus was deeply disturbed and testified, “I assure you, one of you will betray me.”
22 His disciples looked at each other, confused about which of them he was talking about. 23 One of the disciples, the one whom Jesus loved, was at Jesus’ side. 24 Simon Peter nodded at him to get him to ask Jesus who he was talking about. 25 Leaning back toward Jesus, this disciple asked, “Lord, who is it?”
26 Jesus answered, “It’s the one to whom I will give this piece of bread once I have dipped into the bowl.” Then he dipped the piece of bread and gave it to Judas, Simon Iscariot’s son. 27 After Judas took the bread, Satan entered into him. Jesus told him, “What you are about to do, do quickly.” 28 No one sitting at the table understood why Jesus said this to him. 29 Some thought that, since Judas kept the money bag, Jesus told him, “Go, buy what we need for the feast,” or that he should give something to the poor. 30 So when Judas took the bread, he left immediately. And it was night.
God’s purpose would not be denied, even to the point of taking one of the disciples of Jesus and allowing “Satan” to enter him, and for the specific purpose of carrying out God’s plan. In searching out the ultimate fate of Judas I came across a lengthy essay by Gary Amirault. The essay is entitled: Judas Iscariot — In Heaven or in Hell? Did Judas go to Hell? Here are the concluding words of Amirault’s analysis:
To summarize, be careful where you place Judas. He did the will of the Father and fulfilled the Scriptures. Peter, who we all love, tried to prevent Jesus’ crucifixion and was called “Satan” by our Lord. Peter, who was not mindful of the will of God, was restored. Was it not Jesus who said, “”For whoever does the will of My Father who is in heaven, he is My brother and sister and mother.” (Matthew 12:50) Be careful about placing Jesus’s brother, Judas, in Christendom’s “hell.” One day you may have to look up to Judas, instead of looking down on him. Peter denied him three times in one night while Judas declared Jesus innocent in front of the High Priesthood. Judas had a very important job in the Kingdom of God. For three and one half years, as a Priest he inspected the Lamb of God as an unbiased man. He was not “one of them” a Galilean. He was the outsider. He did his job perfectly. If Judas really wanted to mess things up, he could have agreed with the High Priesthood and called Him a “blasphemer” who claimed to be the Son of God when He really wasn’t. But Judas declared the Lamb spotless and unblemished, the Perfect Passover. Thank you, Judas, for not only being a hearer of the Word, but also a doer of the Word. Thank you, Judas, for giving the redemption money which purchased the Potter’s field; a place for strangers in the land of Israel and the silver which speaks of the redemption of the family of Adam who sold himself as a slave to sin. You may not like how Judas got that money, but you should rejoice in what it did for you.
I felt it was necessary to add that analysis as my own views parrot those of Amirault. That is, I can’t really think Judas is condemned to eternal damnation in hell. In that context, even though I do think our political class is advancing us toward those days of Tribulation, they are essentially pawns in carrying out God’s plan, and maybe they should not share any more blame for leading us down a path of destruction than the rest of us. I would allow the same disclaimer to apply to those in the world of business – those like Jeff Bezos – who are also leading us down the wrong path. Of course, each man has to account for himself in that context so I am not giving them a pass- rather I am just saying that I don’t think it necessarily follows that you are condemned solely on the basis of your membership in these two groups.
That said, these huge corporations cannot escape my criticism. They really don’t seem to have the vaguest idea what it means to have community pride, or a sense of obligation to the communities they exploit. They only know bottom line profits. The sad part of it is that higher profits, and higher and higher stock prices are all they seem to care about. We have a term in economics called productivity. What that means is that a company needs to produce more with less, and that usually means fewer and fewer workers producing more and more goods.
Well, it doesn’t take an economist to figure out that as the numbers of workers are decreased through increased productivity, the numbers of people who have money to buy stuff from these companies shrinks causing sales to fall. Under our current system, what happens when consumers’ slowdown on purchases of goods and services is that the government steps in and spends for the consumer by borrowing more and more money, and in so doing, increasing the government debt levels. And who is responsible for that debt – the taxpayer. Who benefits from the government spending – these large cap multinational companies, or monopolies, if you prefer that word. But, as fewer and fewer workers have a paycheck, the government’s tax receipts fall meaning that those who still have jobs see their tax rates increased, or in the alternative, the government just continues to grow the debt, and to do so in an exponential way.
This excerpt from a letter written by the Rothschilds in 1863 epitomizes the nature of these people better than any quote I have ever read:
The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild brothers of London writing to associates in New York, 1863.
The “few who could understand the system” were the politicians, and they were dependent on the profits, and on the favors these men afforded them in order to get them to do their bidding. The “great body of people” were the everyday citizens, the voters, and the working class.
The names have changed, but the problems created by these greedy men and women are more prevalent today than at any time in our history. Today we are closer to that point in time where these robber barons and their political puppets will bring the world to its knees, and as conspiratorial as that sounds, that really might be their goal. There really is a plan in place to end the era of sovereign nations across the globe and to implement a one world government. You can look at the evidence or you can reject it, but in rejecting it you don’t make it less true, and today there is no objective way of denying the truth of it. These globalists came out publicly in the early 1990’s when David Rockefeller proclaimed that their plan was indeed a one world government. You just can’t deny these words from Rockefeller as he really did say them:
We are grateful to the Washington Post, The New York Times, Time Magazine and other publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But the world is now more sophisticated and prepared to march toward a world government. . . The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.