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Business/Finance
See other Business/Finance Articles

Title: Whats the Fed Up To With the Money Supply?
Source: Safe Haven
URL Source: http://www.safehaven.com/showarticle.cfm?id=4331&pv=1
Published: Dec 23, 2005
Author: by Robert McHugh
Post Date: 2005-12-23 13:05:23 by Horse
Keywords: Supply?, Whats, Money
Views: 164
Comments: 108

Over the past two days, December 21st - when our first Hindenburg Omen (of whatever cluster is coming) - and Thursday December 22nd, the Federal Reserve has conducted one of the largest two-day Repo injections of money into the system since back in September 2001. On Wednesday they added $18.0 billion in reserves and on Thursday they added another $20.0 billion. Is this a coincidence, coming right as we get another Hindenburg Omen? Probably not. Is something high-risk going on behind the scenes here? Let's review some facts at the Fed. On November 10th, 2005, shortly after appointing Bernanke to replace Greenbackspan, the Fed mysteriously announced with little comment and no palatable justification that they will hide M-3 effective March 2006. M-3 has been the main staple of money supply measurement and transparent disclosure since the Fed was founded back in 1913. It is the key monetary aggregate that includes Fed Repo transactions, that mechanism whereby the Fed increases reserves. The date when M-3 will start being hidden also happens to be the exact month that Iran will declare economic war against the U.S. Dollar by trading its oil in Petro-Euros on its new bourse. But there is more. The Federal Reserve currently has three vacancies within the 19 top Regional Bank and Board of Governor spots. Why? Part of ongoing wholesale resignations.

The latest is from the Philly Fed. Fed President and Open Market Committee member Anthony Santomero has announced his resignation after only a brief year and a half tenure. Very unusual. Hey, Fed Presidents are treated like gods. They have enormous power, prestige, and presence. Why quit? He is far from alone. Over the past few years no less than six Federal Reserve Regional Bank Presidents have resigned. This is highly unusual.

An immediate impact is that we are about to have a largely inexperienced batch of individuals conducting monetary policy in the United States. So of course, the first thing they will do is hide the key money figures. Two positions for the Board of Governors (there are 7)have been open for quite a while. Plus six of the 12 Regional Head spots have turned over during the past few years.

If a substantial amount of oil transactions will suddenly be conducted in Euros instead of Dollars, this should put pressure on the Dollar as folks exchange Dollars for Euros, jeopardizing the Dollar's status as the world's reserve currency, making it more difficult to print all the dollars the Fed wants to without driving the Dollar into the ground. Iraq threatened to do what Iran has threatened to do just before we went in looking for weapons of mass disappearance. If the Dollar tanks, Treasuries might not be far behind. If Treasuries tank, kiss the Housing-driven boom goodbye. Could the Master Planners be hiding M-3 because they anticipate they may have to monetize the Federal debt, buy our own Treasury Bonds during the coming economic attack against the Dollar? That would require a ton of new fresh money creation - too much to disclose. Could it be some folks at the top of the Fed do not have the stomach to be part of what is about to go down?

M-3 has a direct but lagging impact on financial markets. Look at the chart at the top of the prior page. Whenever M-3 rises, the Dow Industrials rise. Whenever M-3 is flat or declines, the Dow Industrials decline. The Dow Industrials are a bellwether for the economy. If we can monitor M-3, we can better monitor the future path of equities and the economy. It is wrong for the Fed to stop its disclosure for this very reason. Investors need to know in a free market economy, because M-3 infusion is centrally planned intervention into a free market system. Investors need to know when the Master Planners have decided to intervene. Our buy/sell signals were designed to pick up the scent of Master Planner intervention by analyzing supply and demand forces underlying the markets. So with or without a fully disclosed M-3, we will be able to continue to identify coming multi-week trends.

So what about M-3 the past week? The latest figures show that on a seasonally adjusted basis, M-3 rose 27.3 billion last week, a 14.0 percent annualized clip, and is up $76 billion over the past month, a 9.8 percent growth rate. But those are the massaged numbers. For the raw figures, fasten your seat belt. Are you ready? M-3 was increased $58.7 billion last week (that does not include the huge Repo infusions noted above), a 30.0 percent annualized rate of growth. For the past two week, the Fed added $93.5 billion to the money supply, a 24.0 percent annual clip. Over the past 6 weeks it is up $192.9 billion, a 16.7 percent Banana Republic hyperinflationary pace. This is nuts, folks - unless there is an incredible risk out there we are not being told about. That is a lot of money for the Plunge Protection Team's arsenal to buy markets - stocks, bonds, currencies, whatever. This level of irresponsible money supply growth makes shorting markets hazardous, yet at the same time says markets are at huge risk of declining. Maybe M-3 growth doesn't stop the decline this time. Should be a fascinating storm in 2006.

The recent rise in Gold catalogued 74 points over about a month, a 16 percent rally from precisely the day the Fed announced it would hide M-3 from taxpayers and citizens of this great nation. That is no coincidence. Gold sees hyperinflation, monetization of debt, and intervention into free markets. Gold is telling us it expects Ben Bernanke to be an inflationist.


Poster Comment:

My apologies, but as usual with this computer I could not copy the chart. This article does tell us that the M3 money supply is growing at a fast clip. And as of April Fools Day 2006 the FED will no longer tell us how much money they are printing. I still believe that REPORTED INFLATION will be low during 2006,at least, until after the elections in November. But the real purpose is for Wall Street to unload their junk bonds, steal what has not yet been stolen and invest overseas so they can repatriate their funds after the dollar collapses buying America for pennies on the dollar.

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#14. To: Elliott Jackalope, mirage (#13)

One thing we need to think about is the whole idea of politicians.

I agree with Elliott on this point. and I chastise you mirage for putting faith in man and the things of man.

We can't even follow the constitution as is. The constitution is just a piece of paper and nobody respects it other than in a token ceremonial way. That is fact, and if you want me to explain that to you I will.

So, what good would it do to change it? In theory you have a good idea mirage. But you under-estimate the failure of man. You put your faith in man, a fatal mistake.

The American nation has exposed the flaws of mankind for all to see. If evil has attacked our nation and we cannot prevail over it, then think how hopeless it is that other (lesser) nations can likewise prevail.

Trying to be positive though, our ancestors used to tar and feather leaders that were known to be their enemies. That would help.

Red Jones  posted on  2005-12-23   20:18:11 ET  Reply   Trace   Private Reply  


#15. To: Elliott Jackalope (#13)

No man made system of government will work very long, man is just too stupid and evil to get it right. The rise and fall of nations has been going on since the beginning of time, the USA won't be any different.

God is always good!
"It was an interesting day." - President Bush, recalling 9/11 [White House, 1/5/02]

RickyJ  posted on  2005-12-23   20:20:53 ET  Reply   Trace   Private Reply  


#16. To: Elliott Jackalope (#13)

Or is a nation more like an extended family

I think a nation is like a family. and when those who rule over us take away national sovereignty for not only our nations, but for others as well, then they are engaging in great evil. that is what they have done on a mass scale with the New World Order / World Trade Organization and similar institutions.

Red Jones  posted on  2005-12-23   20:21:18 ET  Reply   Trace   Private Reply  


#17. To: RickyJ (#15)

It's not really a question of "getting it right", it's a question of getting things to where they work "good enough". And I believe that can be accomplished. However, we are dealing with modern times, and modern people, and a whole new geopolitical reality, so we're going to need some new ideas. And that's what forums and debate are for, so that people can toss out ideas for others to kick around like a rag doll, and maybe something good will come of it. I'm still just barely idealistic enough to think maybe this can make a difference.

Gold and silver are real money, paper is but a promise.

Elliott Jackalope  posted on  2005-12-23   20:25:01 ET  Reply   Trace   Private Reply  


#18. To: Arete, Starwind (#8)

It seems that I pinged without the ping. Ha!

The Zen of the web: "If a poster pings on a message board without actually specifying the intended recipients, will there be any discussion?"

Looks like the answer is yes.


"Over it is not, until over it is." -- Yoda Berra

sourcery  posted on  2005-12-23   21:23:06 ET  Reply   Trace   Private Reply  


#19. To: Elliott Jackalope (#9)

Therefore I suggest that we spend less time talking about how bad things are, and instead talk about what we want to build once this nightmare passes.

Agreed.

However, although it is necessary to identify the flaws in the Consitution, and to develop ideas on how to fix them, such is not sufficient. The worst problem we've had hasn't been the flaws in the Constition, but rather the flaws in our society, in or schools, in our families and in our selves. No Constitution can remedy apathy, ignorance, indifference and willful disregard of the principles of right and wrong.


"Over it is not, until over it is." -- Yoda Berra

sourcery  posted on  2005-12-23   21:28:10 ET  Reply   Trace   Private Reply  


#20. To: sourcery (#19)

No Constitution can remedy apathy, ignorance, indifference and willful disregard of the principles of right and wrong.

I'll agree with that .. .. even at the risk that I am in agreement with George Bush on this point when he said it was just a g. d. piece of paper.

We don't follow the constitution one bit you know.

The constitution says that congress is supposed to regulate the creation and management of our money supply. In practice the federal reserve (a private bank) does this, the federal reserve is never even audited, nobody knows what they do; and they just announced that they wouldn't even tell us what the money supply is any more. So, congress has completely capitulated and is not following the cosntitution on this point at all.

The first ammendment is another example. Congress shall make no law restricting freedom of speech, etc. But congress does make laws specifically limiting political speech, and when the US Supreme court was asked if this was constitutional it did not even mention the First Ammendment in its ruling, it used a European court precedent to justify the restrictions on political speech that were done in laws passed by constitution.

the constitution is just a g. d. piece of paper.

We'd like it to be more, but it is not.

Red Jones  posted on  2005-12-23   21:44:35 ET  Reply   Trace   Private Reply  


#21. To: Elliott Jackalope (#13)

I've said it would fix the Constitution.

For the rest of it, Got Lead?

mirage  posted on  2005-12-23   21:59:42 ET  Reply   Trace   Private Reply  


#22. To: Red Jones (#14)

I agree with Elliott on this point. and I chastise you mirage for putting faith in man and the things of man.

There is no hope? We should just stop trying to improve things?

Never. You are to be chastened for giving up and accepting things as is. There is always room for improvement. Perhaps we should try some.

mirage  posted on  2005-12-23   22:01:02 ET  Reply   Trace   Private Reply  


#23. To: Elliott Jackalope (#17)

The Constitution, as written, is fine. The Constitution, as interpreted, rapes the original document. Changing it would mean nothing. Centralization of FedGov power has been underway for well over a century and was markedly accelerated by Franklin Roosevelt (not my hero). Negative social, political and fiscal trends have been firmly in place for decades. They are worsening. I do NOT think there is any solution within the current political system. I believe we will crash and burn and that all attempts at reform are a waste of time and energy. All just my opinion, of course ...

Phaedrus  posted on  2005-12-23   22:04:40 ET  Reply   Trace   Private Reply  


#24. To: Red Jones (#20)

the constitution is just a g. d. piece of paper.

We'd like it to be more, but it is not.

And a computer program is just electrons arranged in patterns to represent ones and zeros.

A Consititition is like a computer program. The program can't run correctly if the machine that executes it is flawed. A Constitution can't operate correctly if the society that animates it is dysfunctional.


"Over it is not, until over it is." -- Yoda Berra

sourcery  posted on  2005-12-23   22:20:01 ET  Reply   Trace   Private Reply  


#25. To: sourcery (#24)

A Constitution can't operate correctly if the society that animates it is dysfunctional.

(The Gospel of Jesus Christ is the only true good news)

Starwind  posted on  2005-12-23   22:39:39 ET  (1 image) Reply   Trace   Private Reply  


#26. To: Starwind (#25)

Shame on you ! :P

Click to see: Making a difference in Iraq

Zipporah  posted on  2005-12-23   22:41:40 ET  Reply   Trace   Private Reply  


#27. To: sourcery (#24)

A Constitution can't operate correctly if the society that animates it is dysfunctional.

(bandwidth thief!...Grrr... plagerist maybe, but bandwidth thief? ?? If ya don't want your pic's served up, don't put'm on the web - Sheesh!)

(The Gospel of Jesus Christ is the only true good news)

Starwind  posted on  2005-12-23   22:53:06 ET  (1 image) Reply   Trace   Private Reply  


#28. To: mirage (#22)

Perhaps we should try some.

you are a fool to put your faith in man or the things of man.

Nothing really good ever came from a man. What men produce we build sewers and treatment plants for.

if we turn our hearts to god, then our nation can be healed. and there is no other way. it is foolish to pretend that by tweaking a law or through some educational innovation or super-therapy for the people that things will improve.

The United States of America was a strong effort by man to rule himself. This effort has failed, you are a fool not to see this. We must be ruled by god if we are to prosper, or even if we are to live.

you are enamored with man mirage.

Red Jones  posted on  2005-12-23   23:17:07 ET  Reply   Trace   Private Reply  


#29. To: mirage (#22)

You are to be chastened for giving up and accepting things as is

tell me what the 'liberal catholics' think about this - are we going to evolve? how sophistocated the liberal catholics are.

The condition of man will not change until god makes it change. This will not happen until trials & tribulations, judgement and the kingdom of god built here on earth by jesus.

Red Jones  posted on  2005-12-23   23:54:36 ET  Reply   Trace   Private Reply  


#30. To: Starwind, sourcery (#25)

A Constitution can't operate correctly if the society that animates it is dysfunctional.

We have no government armed with power capable of contending with human passions unbridled by morality and religion. Avarice, ambition, revenge, or gallantry, would break the stongest cords of our Constitution as a whale goes through a net. Our Constitution was made only for a moral and religous people. It is wholly inadequate to the government of any other.

President John Adams; Address given October 11, 1798. Works of John Adams, Volume IX, p. 229.

DeaconBenjamin  posted on  2005-12-24   1:35:49 ET  Reply   Trace   Private Reply  


#31. To: Red Jones (#29)

Good question. I've got no idea what "liberal Catholics" think because there is no real way to define what one is. I would assume one might say a "liberal Catholic" is simply one who thumbs his nose at the Vatican and often times ignores the occasional utter rubbish and nonsense that comes out of them? That would be the definition I'd use.

The defining mark of Catholicism, as you should know, is the use of reason. That particular characteristic was cast into stone by St. Augustine and has been a defining hallmark of that particular branch of Christianity ever since. The Vatican, to this day, continues to accept "proofs" of God's existance. It is even part of Catholic theology to "let your conscience be your guide" for in that, God speaks to you, and "no man who does something in good conscience can be held accountable in judgment for his actions." - both of those quotes can be found in the Essential Moral Handbook with Imprimatur.

A typical Catholic would tell you that God gave you a brain and you're expected to use it, learn from your errors, and not make the same mistake twice.

One would assume that a "liberal Catholic" would also tell you the same thing.

One might also assume that God would tell you the same thing, that He gave you a brain, the capacity to use it, and expects you to do just that.

So, given all that, what is the excuse for not trying to come up with a workable solution?

mirage  posted on  2005-12-24   5:03:59 ET  Reply   Trace   Private Reply  


#32. To: mirage (#31)

So, given all that, what is the excuse for not trying to come up with a workable solution?

If society is ignorant and its leaders corrupt, what can one man do beyond speak truth? The trend is not our friend, in this instance. Does it help to complain about the weather?

Phaedrus  posted on  2005-12-24   7:44:48 ET  Reply   Trace   Private Reply  


#33. To: Red Jones (#28)

Man...that is one of the best posts I have ever read. Read the Book, folks...man screws things up so bad that Jesus Christ has to physically return to earth in order to straighten out the mess we've made. (I know, it's considerably more complex than that, but the bottom line is that faith in MAN will NEVER get us out of the situation(s) we find ourselves in.)

who knows what evil  posted on  2005-12-24   8:01:34 ET  Reply   Trace   Private Reply  


#34. To: mirage (#11)

limit voting to taxpayers only and also cut out anyone recieving public assistance.

This would be very difficult to enforce. Most taxpayers also receive government assistance in some form.

Everyone 65 and over, for instance, would no longer be allowed to vote.

I think the Powers That Be have chosen a more convenient method to ensure results turn out as they desire

. Rather than go the unenforceable route of determining who and who is not a net taxpayer, they have decided to go down the "undetectable fraud" route of "black box voting" all the while pretending for public consumption that there are honest elections.

Sam Houston  posted on  2005-12-24   8:25:30 ET  Reply   Trace   Private Reply  


#35. To: mirage (#31)

I've got no idea what "liberal Catholics"

on the other thread you ridiculed people who believe in the bible. you said that people who believe in the bible believe in slavery. and then you said you were a liberal catholic.

you are an idiot.

Red Jones  posted on  2005-12-24   11:15:33 ET  Reply   Trace   Private Reply  


#36. To: who knows what evil (#33)

thanks for those kinds words. but I take no credit. I was just getting cranky at mirage. I better stop posting to him.

Red Jones  posted on  2005-12-24   11:17:52 ET  Reply   Trace   Private Reply  


#37. To: DeaconBenjamin, sourcery, tauzero (#30)

We have no government armed with power capable of contending with human passions unbridled by morality and religion. Avarice, ambition, revenge, or gallantry, would break the stongest cords of our Constitution as a whale goes through a net. Our Constitution was made only for a moral and religous people. It is wholly inadequate to the government of any other.

President John Adams; Address given October 11, 1798. Works of John Adams, Volume IX, p. 229.

Excellent pithy observation.

Would that our nation still had such men willing and able to serve as president.

Would that we'd recognize such men and support them, rather than cast them adrift in that vortex we call the election process.

(The Gospel of Jesus Christ is the only true good news)

Starwind  posted on  2005-12-24   14:29:26 ET  Reply   Trace   Private Reply  


#38. To: sourcery, Elliott Jackalope (#19)

However, although it is necessary to identify the flaws in the Consitution, and to develop ideas on how to fix them, such is not sufficient. The worst problem we've had hasn't been the flaws in the Constition, but rather the flaws in our society, in or schools, in our families and in our selves. No Constitution can remedy apathy, ignorance, indifference and willful disregard of the principles of right and wrong.

You hit the nail squarely on the head. In order for the Constitution, or any other governing document, to mean anything it has to be understood, accepted and respected. Being so many generations removed from it's creation, society has no memory of why it was written the way that it was or understanding of it's importance.

Much of what the Constitution represented to the people who wrote is no longer accepted by most of the country. Take a look at how it was so easily side-stepped during the depression era. The general standard of living wasn't all that extravagant before that time, but the drop was painful. Today we have a much higher level to fall from. A crash from that height will be much more unpleasant. When it happens, the soccer moms sure as hell aren't going to think returning to the Constitution will be the way to go. Nature abhors a vacuum, and those big-assed soccer moms will rally behind whoever convinces them that they can get them back their SUV's, 2500 square foot houses in the suburbs filled with abundant trinkets...no matter what the cost is to them, their neighbors or the rest of the country.

"Shit, Earl....you shot Ted Hollister!"

orangedog  posted on  2005-12-24   15:03:11 ET  Reply   Trace   Private Reply  


#39. To: mirage, Red Jones, Deacon Benjamin, Phaedrus (#31)

Something from a man who knows where he stands

"I am only one, but I am one. I cannot do everything, but I can do something. And because I cannot do everything, I will not refuse to do the something that I can do. What I can do, I should do. And what I should do, by the grace of God, I will do." - Edward Everett Hale

The Iraq War is an unconstitutional, unjustifiable conflict devouring innocent lives and abetting the growth of an increasingly lawless leviathan state. It must be ended -- now.

christine  posted on  2005-12-24   15:04:25 ET  Reply   Trace   Private Reply  


#40. To: Red Jones (#35)

Sticks and stones, my friend.

mirage  posted on  2005-12-24   17:47:54 ET  Reply   Trace   Private Reply  


#41. To: mirage (#40)

So, given all that, what is the excuse for not trying to come up with a workable solution?

you're an idiot Mirage. First you bad-mouth bible believers. Then you say you're a liberal catholic. Then you say you don't know what a liberal catholic is. Then you explain to me what a liberal catholic is. Then you make this accusation above to me.

I pegged you a long time ago. You talk round and round with flowery words. and have no understanding.

but merry christmas anyway.

Red Jones  posted on  2005-12-24   21:10:16 ET  Reply   Trace   Private Reply  


#42. To: Red Jones (#28)

We must be ruled by god if we are to prosper, or even if we are to live.

I presume you meant to capitalize "God", but that's neither here nor there.

Do you mean the perfectly just "God" who killed 70,000 innocent people to punish David because he was tempted by the devil to take a census?

Or who made a gentleman's wager with the same devil to test the fortitude of his faithful servant Job, and inflicted inordinate misery in the process?

The "God" of perfect compassion who closed the wombs of all of the women of the house of Abimelech because Abraham deluded him regarding his wife, Sarah?

The "God" who believed other gods (particularly of Egypt) lived, necromancy is possible or slavery is a legitimate institution?

The "God" who calls human art corruption on account of his own insecurities. (Deut 4:16)

The "God" who savors burnt offerings, blood-smeared altars and enjoys the death of every living thing in towns that are at odds with "his people"?

The "God" that prescribes bathing a pigeon in anothers blood, or slaying assorted animals for various transgressions?

The "God" who was ready to destroy even his own people when they worshiped a false idol until Moses reminded him that he in fact has a covenant to uphold?

The "God" who endowed man with free will, then got pissed and killed most of them in a worldwide flood for exercising said will?

The "God" who would eternally burn the vast majority of all souls ever created because of the faults of short and sometimes tortured lives?

This tyrant, worse than the villians of other religions has an interest in redeeming anything? And would offer his son for that purpose? This monster should judge me?

I ain't buying.

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Dude Lebowski  posted on  2005-12-24   21:59:36 ET  Reply   Trace   Private Reply  


#43. To: Dude Lebowski (#42)

at the top you asked me which god I meant. I mean the god who spoke and with his words brought into existence all creation. I mean the god who is described as the alpha and the omega, the beginning and the end.

but let me try to respond to other responses of yours one by one, as best I can in next post.

Red Jones  posted on  2005-12-24   22:07:54 ET  Reply   Trace   Private Reply  


#44. To: Dude Lebowski (#42)

Do you mean the perfectly just "God" who killed 70,000 innocent people to punish David because he was tempted by the devil to take a census?

Or who made a gentleman's wager with the same devil to test the fortitude of his faithful servant Job, and inflicted inordinate misery in the process?

The "God" of perfect compassion who closed the wombs of all of the women of the house of Abimelech because Abraham deluded him regarding his wife, Sarah?

god has brought down many people and done many things to them that were unpleasant. This is true. he uses every nation for his purposes not for ours'. our understanding of his purposes is not very good, we are limited in that capacity. But he has no problem understanding us completely and far better than we understand ourselves.

history unfolds for the sake of teaching the people who god is and proper attitude we should have towards him. and to test us as individuals so that god can judge us when the appointed time comes. Many people die in this process and it perplexes us greatly.

I wish I knew in the bible where it counsels us about death. God laughs at our deaths in this world. For he can restore us and he tells us not to fear this death. We fear this death and he laughs at us for it. But after death there is a judgement. and this judgement in the negative is like a second death. and god says this second death is what we should fear.

Red Jones  posted on  2005-12-24   22:16:26 ET  Reply   Trace   Private Reply  


#45. To: Dude Lebowski (#42)

The "God" who believed other gods (particularly of Egypt) lived, necromancy is possible or slavery is a legitimate institution?

there are many spirits and there are fallen angels as well. there are others besides the one true god with power. If you read Moses' dealings with pharoah in egypt it is obvious that pharoah's preachers could exercise powers and work what we'd call miracles. But who was the more powerful god in those contests. The one true god who is above all others played with the egyptians. he showed them he was the powerful one by comparison. He taught them this and they recognized this. Then he put it into their hearts to still persecute the israelites even though they knew that the one true god was on their side. even after it was clearly demonstrated to them that they were going to be harmed very severely by persecuting the israelites, they still did this. and then they chased after the israelites and tried to kill them, this was even after many miracles were worked by god to protect the israelites. and then when it looked like the israelites would all be slaughtered by this powerful army god worked more miracles. He opened the river up by making the water stand up like a wall and dried out the bed of the river so the israelites could walk across. they were trapped next to the river ready to die it seemed and then god opened the river up and let them walk across the dry river bed. and when they got to the other side they turned and looked and they saw the egyptian army with the pharoah on that dry river bed and then the wall of water let loose and then these pursuers were all killed. that's right. god plotted and planned their deaths. these egyptians learned that god was god, they learned that this god was more powerful than their gods, they recognized this and they knew it was in their interest to let these israelites go. and then god himself put it in their hearts to try to kill the israelites again. and when they tried god killed them. he did this to teach the israelites who was god. that is why he did it.

he did not do it for your comfort or for your bank account or for your pleasure. he did it for his glory.

as far as necromancy goes, I don't know what that word means.

as far as slavery goes, slavery was once a common institution. and when it was common in old testament days and in the days of jesus god did not think so badly of it. he spoke at length in the bible of a master's responsibilities to his slaves and likewise a slave's responsibilities to his master. he actually said in the bible that when you are a slave you should assume you are put in that position by god and to serve your master.

many of the individuals who actually wrote the bible actually were slaves. it seems they didn't have such a money-based market economy as we have today and slavery was a convenient way for people to get by. But I am only telling you obvious things about history with regard to this slavery. Many (like that Mirage naysayer) think that if you believe in the bible then you think slavery is good. this is false. slavery was once a fact of life. In the times when the bible was written there were many skilled craftsmen such as doctors who lived very comfortable and relatively prosperous lives but were slaves. The real poverty in those days was for people who were outside of any established and self-sustaining household and had nothing. there was massive poverty in those days. people lived short lives.

but the one true god is a spirit and more powerful than any of these other spirits.

Red Jones  posted on  2005-12-24   22:33:25 ET  Reply   Trace   Private Reply  


#46. To: Dude Lebowski (#42)

The "God" who calls human art corruption on account of his own insecurities. (Deut 4:16)

yes, that's correct. human art is corruption generally, unless inspried by god. nothing good comes from the people. that is true and that is god's view. we people might think different. but we do need to learn god's view, because it is true and we are corrupt.

Red Jones  posted on  2005-12-24   22:35:54 ET  Reply   Trace   Private Reply  


#47. To: Dude Lebowski (#42)

The "God" who savors burnt offerings, blood-smeared altars and enjoys the death of every living thing in towns that are at odds with "his people"?

The "God" that prescribes bathing a pigeon in anothers blood, or slaying assorted animals for various transgressions?

in the old testament it drones on and on and on and on for hundreds and hundreds of pages it seems about special ceremonies god gave to the israelites to perform. he gave very meticulous instructions. and he told them exactly who was to perform what among them. and when they fell away from these things he did sometimes kill the offenders, just like that.

he liked blood sacrifices, that is true. and for different transgressions he recommended slaughtering different animals. that is true. and this same god gave the israelites great prosperity as well. he empowered them to kill their enemies. all so they could know that he is god. this was to create the desired atmosphere and to teach the jews, in preparation for jesus' coming here. this was next phase. It goes in phases. we need to pay attention to these phases or seasons. that's why I tell people we are in the season of the end-times now. because jesus will return. judgement will occur. his kingdom will be buil there on earth. the people will be separated. only those who love god and do his work will be admitted into the kingdom of god. The rest will be barred.

these special ceremonies you mention, this was part of what god gave the jews and was called 'the law'. when jesus came he was the fulfillment of the law. and was here to show the whole world the blessings of god. and these blessings were no longer given for following these precise instructions he gave. but to all, not just the jews and to those who believe in him.

Red Jones  posted on  2005-12-24   22:46:06 ET  Reply   Trace   Private Reply  


#48. To: Red Jones (#46)

god's view

well, I've read and heard much BS, and if you wan't to adhere to your expressed beliefs, well, go for it.

I'm not joining.

I hope that you aren't expecting others to join you.

Another Mogambo Day

rack42  posted on  2005-12-24   22:49:59 ET  Reply   Trace   Private Reply  


#49. To: Dude Lebowski (#42)

The "God" who was ready to destroy even his own people when they worshiped a false idol until Moses reminded him that he in fact has a covenant to uphold?

The "God" who endowed man with free will, then got pissed and killed most of them in a worldwide flood for exercising said will?

yes, exactly. that is the god I am talking about. for a people like the jews of ancient times or I believe they were called hebrews in those days. I've used the term israelites, I'm not sure that's accurate. for this people the jews who were chosen of god in those days as you say it is a bit dangerous to be so chosen. Because if you turn from him or fail to put forth the actions expected of you, then you can inspire wrath. and that wrath is furious. that is exactly correct.

Red Jones  posted on  2005-12-24   22:50:15 ET  Reply   Trace   Private Reply  


#50. To: rack42 (#48)

I hope that you aren't expecting others to join you.

the fellow named Dude asked me questions. I am merely responding. I'm not expecting anything of you.

do you ever want to express joy and happiness over the god that made you?

Red Jones  posted on  2005-12-24   22:52:32 ET  Reply   Trace   Private Reply  


#51. To: Red Jones (#49)

You've seriously gotten off track from the "point" of the post.

Another Mogambo Day

rack42  posted on  2005-12-24   22:53:54 ET  Reply   Trace   Private Reply  


#52. To: Dude Lebowski (#42)

The "God" who would eternally burn the vast majority of all souls ever created because of the faults of short and sometimes tortured lives?

now I do not believe that it says in the bible that the vast majority will be judged negatively. If it says so, then I'd sure like to know. we do not understand god's judgement so well. God will judge not us. we are all sinners and must be contrite and seek forgiveness. the one true god is a god that forgives.

and also you described this negative judgement as 'eternally burn'. there is a spot in the bible (wish I knew where it was) that tells of an evil rich man who had no sympathy for the poor ending up in a spot after death where he felt like he was in a lake of fire. and there's a spot where it says that jesus will throw satan into a lake of fire. but this is only in two spots. In other spots it describes this negative judgement differently. the word 'eternal' is used sometimes. But the phrase 'for a thousand years' is used in other spots to describe the time period for this punishment. It is hard to know the meaning. but god's judgement is always just. and I think it is good.

Red Jones  posted on  2005-12-24   22:57:46 ET  Reply   Trace   Private Reply  


#53. To: Dude Lebowski (#42)

I liked reading in the bible that there will be a day when the believers of god will tear down the evil ones who oppose god and bring them right before god and kill them in front of him for his pleasure. I really liked that part.

Red Jones  posted on  2005-12-24   23:00:24 ET  Reply   Trace   Private Reply  


#54. To: Red Jones (#50)

do you ever want to express joy and happiness over the god that made you?

Non sequitur.

I know that you can't handle this logical-linear thinking. Your thinking is magical.

Please note that I do not "believe" in the "Big Bang." I do not "belive" in "EVOLUTION."

By the same token, I do not "believe" in the "Holy" Bible.

All of them are, IMHO, garbage.

None pass my "smell test."

Another Mogambo Day

rack42  posted on  2005-12-24   23:08:14 ET  Reply   Trace   Private Reply  



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