5.6.2010 By CK Hunter
Depending upon whose youtube videos you follow, the American economy has been teetering ever closer the final irretrievable abyss since late 2008. I’m sure that many band aids, much duct tape and Elmer’s glue are still being applied in secret behind closed doors in 2010, both in DC and on Wall street, where the latest game in town is for Barack Obama to “pretend” to be going after the crooks on Wall Street, you know, those same crooks who contributed heavily to his campaign and who helped get him elected. Ho hum.
What’s odd is the number of times in recent years one has seen the headline or heard the phrase “Dow plunges”. Have a look at the long and miserable list of videos that come up on youtube when you type in “dow plunges” – very interesting, huh? It’s not dissimilar to the old tale of the “boy who cried wolf.” Wall Street has now cried “wolf” and the “Dow has plunged” so many times since 1987 that most folks just take it all with a desensitized grain of salt these days. We are all numb to potential financial crisis by now, and that numbness can’t be a good thing. I buy and sell silver bullion like flea market candy, and that also can’t be a good thing. How will we all know when the real and final plummet indicates a bottoming out when we are so numb to the many false alarms that are mended with so many secret band aids behind the scenes?
The American “business as usual corruption” of the top echelons of American Wall Street and Washington DC high illuminati society rolls on. This spring (with certain exceptions) I am more or less taking a long and well deserved break from blogging about all of it, as it wearies the Spirit and truly sours the joy of the soul to continue to record America’s slide into outright mob corruption and mafia style governance of her justiably furious citizens.
The question of the hour is: “What has any real worth anymore?” Everything we have known, believed and trusted in is now falling into utter photonic disarray. Where does one put one’s assets, one’s faith, one’s hope? I long ago sold off any and everything I owned, that had any real value, other than a good sturdy bike, a good sturdy jeep, and a good sturdy relationship with the Holy Spirit, so it doesn’t affect me one way or the other anymore. I walk with God in introverted, introspective, indiscernible bliss, and I will keep it that way.
But I really wonder about my American friends and neighbors who are still all very invested in the facade of American values, you know, the house the car, 2.5 kids, the fake evening news hour, and a federal government worth paying taxes to support. What are they doing to cope these days, as it all falls apart before outr eyes? One does wonder. Marching in the streets can only get you so far spiritually, and then you are worn out from it all. if bitterness seeps in then you are done for. You cannot allow that to happen. Keep the faith, my friends.
I have put my spiritual finger to the wind, smelled the air, and my prediction for 2010 and the first half of 2011 is this: In the next 18 months, as bibilical prophecy continues to unfold, everything and everyone in America that we thought we could believe in – somewhat akin to the highly visible “Tiger Woods epic fail” witnessed by millions recently, will plummet to the floor in front of our astonished eyes, just like the eerie foretelling of the Dow plunge today, telling us all in so doing that we must place our faith in a Higher Power and withdraw our emotional, political, affilial and financial investments in a world crumbling under the weight of it’s own evil that is just simply not worth investing one’s soul in any longer. This is truly what Jesus meant when he spoke about being “in the world but not of the world”.
There is also a very literal astronomical window opening between May 27th and November 27th of 2010 which may engulf what’s left of American ethics, morality, common decency and honesty in our political and financial realms. Our planet passes through the edge of outer halo of the Photon Belt during that window, and all things which do not vibrate of the highest moral and ethical truths will just simply disintegrate during the passage. This means that all sorts of hidden illuminati financial deals,doings, monetary and currency horrors, and every garden variety back room deal you can think of will be brought to light, quite suddenly, stunning a politically and morally shell shocked nation once more. Watch for the hidden crimes in politics and finance to be revealed in new unusual and spectacular ways between May 27th and March 27th of 2010.
Here’s the brief piece I wrote about the Dow belch earlier today.
5.6.2010 By CK Hunter
Rush Limbaugh began screaming into his microphone today at about 11:46 am today as I was scrambling eggs, and at first I thought he was just hawking another product. Then I thought he was making fresh satire about the Greek financial meltdown. 30 seconds into his screaming tirade: “…it’s down 700 points!….. No, it’s down 900 points…! now it’s 945 points!! … folks this is really happening!!…”
I began to realize that he was watching the Dow falling in real time and screaming the numbers at his listening audience as they fell. Rush must be invested. I could hear his blood pressure pounding in his ears as h screamed. Right before the 1,000 mark the market pulled back from the edge of the cliff and began crawling back from the edge. Rush finally lowered his voice several octaves, and one could hear his heart resuming a normal pit a pat. I actually thought we had come as close to hearing Rush Limbaugh have an actual heart attack live on air, as we had nearly seen the second American financial meltdown in two years. Geesh. At any rate, all the commotion woke me up enough to rush to the web and try t o see what was behind the near miss.
What happened? I’m sure speculation will be rife as well as prolific, but the rumor that flew immediately pertained to Greece, a plummeting Euro, and a teetering European Union’s staggering burden of current financial woes. I won’t concur with any “cover story” they put out in mass media until I examine the facts. New Zealand news coverage of the plunge reveals much more detail about the European Central Bank’s role in what happened:
Below are some related press and links as the story continues to unfold.
Indexes down 3 percent after plunging nearly 1,000 points
NEW YORK (Reuters) – U.S. stocks were down more than 3 percent on Thursday afternoon after briefly nosediving, with the Nasdaq at one point down more than 9 percent and the S&P 500 and Dow briefly falling into negative territory for the year, as worries about contagion from Greece’s debt problems mounted.
Investors were disappointed the European Central Bank did not take fresh measures to help stem the Greek debt crisis. The ECB did not discuss the outright purchase of European sovereign debt as some had hoped for, but gave verbal support instead to Greece’s savings plan. The ECB left interest rates at a record low.
“Right now you just have a panic sell. It could be a long-term negative for stock market because it could mean the long-term high is in place. It’s very likely we’ve seen the highs for this cycle,” said Keith Springer, president of Capital Financial Advisory Services in Sacramento, California.
The Dow Jones industrial average was down 340.47 points, or 3.13 percent, at 10,527.65. The Standard & Poor’s 500 Index was down 35.89 points, or 3.08 percent, at 1,130.01. The Nasdaq Composite Index was down 65.34 points, or 2.72 percent, at 2,336.95.
(Reporting by Caroline Valetkevitch, additional reporting by Al Yoon; Editing by Leslie Adler)