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Don’t be Fooled Again. This is Not Change You Can Believe In.

Published

14 years ago

April 28, 2011

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The International Monetary Fund or the IMF said “The U.S. is set to have the largest budget deficit of major developed economies this year and should narrow it now rather than face tough adjustments in the next two years.”

The U.S. shortfall will reach 10.8 percent of its gross domestic product this year, ahead of Japan and the U.K., the Washington-based IMF said in a report released on April 8,2011. It estimates that President Barack Obama will need to cut the deficit by 5 percentage points of GDP in the next two fiscal years, the largest adjustment in “at least half a century,” to meet his pledge of cutting the deficit in half by the end of his four-year term, a promise no one believes he is capable of.

“Market concerns about sustainability remain subdued in the U.S., but a further delay of action could be fiscally costly, with deficit increases exacerbated by rising yields,” the IMF wrote in its Fiscal Monitor report, published several times a year to analyze public finance development.

The IMF recommended “a down payment” in the form of deficit reduction this year that would make the government goal “compatible with a less abrupt withdrawal of stimulus later.” Given the budget battle over a paltry $38.5 billion where the Democrats threatened to shut down the government. It seems this Congress is not serious about doing the hard things to tackle this budget deficit.

Obama was expected to announce long-term proposals for cutting the federal deficit on April 13th, following a budget deal he reached with congressional leaders last week that averted a government shutdown. In May, the government may be forced to increase the $14.3 trillion federal debt ceiling to ensure the U.S. will meet its financial obligations. There’s an oxymoron in there somewhere.

The IMF also called for U.S. commitment to a medium-term debt target “as an anchor for fiscal policy.” but it seems our Congress has adopted a wait and see attitude as they continued to fuss and fight amongst themselves during the budget battle of earlier this month, where little if anything was really accomplished. China is the biggest foreign holder of U.S. Treasuries with a portfolio of $1.15 trillion in January, according to U.S. government data. Japan is the second-largest with $885.9 billion. We have yet to realize what the Tsunami/earthquake effects on Japan will mean for us or the world for that matter when it comes to Japans GDP. It is very probable the U.S stock market will be greatly effected negatively when the GDP report is out in July of 2011.

‘Prudent’ Debt

A few days after Europe’s Greek-born debt crisis forced Portugal to seek financial aid from the European Union and the IMF, the fund said it is “essential” for all advanced economies to start bringing their debt to “prudent levels” in the medium term. However I didn’t see President Obama seek to reign in spending. Instead he talks of spending, as investment. I doubt any other countries are thinking in these terms when it comes to the U.S over spending.

It forecast that the average gross domestic debt ratio in advanced economies (aka the U.S) will breach the threshold of 100 percent of GDP for the first time since the years after World War II. Debt will peak at 107 percent of GDP in 2016, 34 percentage points above levels before the global financial crisis, the report said.

The IMF estimates that financing needs in the richest nations will continue to rise this year after surging in 2010, and will remain high in 2012.

Japan has the highest financing requirements for its deficit and its maturing debt this year, with the total amounting for 56 percent of its GDP. The U.S. is second, with needs at 29 percent of GDP, followed by Greece, Italy, Belgium, Portugal and France, which all have needs above 20 percent of their GDP, according to the IMF report. As my mother used to say “You are the company you keep”

Euro Members

In the European region, market conditions remain tense in several smaller countries, in part due to ongoing concerns about possible financial issues. As the region narrows its deficit, investors are “discriminating in favor of countries with credible policy frameworks,” according to the IMF.

In the U.S., the stronger economic outlook “has been reflected in higher real yields, leading towards more normal interest rate levels,” the report said. At the same time, the Federal Reserve’s latest bond purchase program is likely to have lowered them it said. In other words; When the U.S has higher real yields leading to normal interest rates the economic outlook is strong, but the Federal Reserve Bank bond purchase program lowers the U.S economies outlook. Still, the pace of fiscal tightening is short of what is needed and the U.S should refrain from increasing spending in the near term and rebuild fiscal space, said the IMF. Just one more reason why the S & P ‘s outlook for our economy is a lowered credit rating within the next two years. I fear if Obama is re-elected president these things will only get worse. I for one have no faith in his ability to effect change I can believe in. Obama will cut half the deficit in 1st Term

written by Rosie on the Right

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June 19th Is The 23rd Of Sivan In The Hebrew Calendar, And What Happened On That Day In The Book Of Esther May Portend The Next Phase Of Israel’s War With Iran

Published

22 hours ago

June 18, 2025

Geoffrey Grider

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In the book of Esther, King Ahasuerus on Sivan 23 issued the decree authorizing the Jews to defend themselves against their enemies, June 19th is Sivan 23.

Sometimes in the Bible you find an amazing nugget, other times you find some fascinating coincidence. This one from the book of Esther is one of those two things, and we will let the reader decide. In Esther 8, we see Mordecai on the authority of King Ahasuerus have a writing written which authorized the Jews to rise up against their enemies, which result in the ‘good day’ celebrated every year on the Feast of Purim. Sivan 23 was not only a ‘good day’ for the Jews, it was a game-changer of a day. Do you know what tomorrow, June 19th is, on the Hebrew calendar? The 23rd of Sivan. That’s the memo.

“Then were the king’s scribes called at that time in the third month, that is, the month Sivan, on the three and twentieth day thereof; and it was written according to all that Mordecai commanded unto the Jews, and to the lieutenants, and the deputies and rulers of the provinces which are from India unto Ethiopia, an hundred twenty and seven provinces, unto every province according to the writing thereof, and unto every people after their language, and to the Jews according to their writing, and according to their language.” Esther 8:9 (KJB)

How does this tie in with the war in the Middle East happening right now between Israel and Iran? For the past 72 hours, Donald Trump has dropped clue after clue that he is planning on the United States striking the Iranian nuclear plants, and taking them out. With each passing day, the chatter regarding when this might be has swelled to a fever pitch. For this to happen on Thursday, the 23rd of Sivan in the Hebrew calendar, would place it squarely between an amazing coincidence and a true biblical nugget. Donald Trump as King Ahasuerus ‘issuing a decree’ and authorizing the Jews to defeat their enemies on the exact same day it happened in the book of Esther? Game on.

President Trump has approved of plans to attack Iran, maybe on Sivan 23

FROM THE JERUSALEM POST: US President Donald Trump told senior aides that he approved of plans to attack Iran, but he is waiting to see if Iran will abandon its nuclear program before giving the final order, three sources familiar with the discussions said to the Wall Street Journal.

As previously reported by The Jerusalem Post, Commander of US Central Command (CENTCOM) Gen. Michael Kurilla met with US President Donald Trump and presented him with military options regarding Iran. The WSJ reported that when Trump was asked earlier if he had decided whether to strike at Iran’s nuclear facilities, the president said, “I may do it, I may not do it.”

He also repeated his insistence on Iran’s unconditional surrender: “The next week is going to be very big, maybe less than a week.” On Wednesday, Trump reportedly arranged for a meeting with Iranian Foreign Ministry officials.

On Wednesday, Iran’s Supreme Leader Ayatollah Ali Khamenei rejected Trump’s demand for unconditional surrender, as Iranians jammed the highways out of Tehran, fleeing from intensified Israeli airstrikes. He warned that if US attacked Iran warned that if it attacked Iran, the United States “without doubt will face irreparable harm.” READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

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When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

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“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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Pentagon Orders The Nuclear-Powered USS Ford To Middle East To Join With USS Vinson And USS Nimitz In Massive Display Of American Military Might

Published

1 day ago

June 18, 2025

Geoffrey Grider

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The US Navy’s newest and biggest aircraft carrier, the USS Gerald R. Ford, is set be deployed to the Mediterranean in show of American military might in Middle East

The Pentagon is right now sending a message to world at large that, even though it is Israel who is involved in a conflict with Iran over nuclear weapons, it is the United States who will ultimately determine its fate. Talk about a memo! Over the next few days, the Mediterranean region will be host to the USS Gerald R. Ford, the USS Carl Vinson and the soon-to-be retired USS Nimitz. If World War 3 does break out, America will be in pole position. That’s the memo.

“They shall bring thee down to the pit, and thou shalt die the deaths of them that are slain in the midst of the seas.” Ezekiel 28:8 (KJB)

President Trump spoke Wednesday morning to reporters about the Israel-Iran conflict. When asked if the US plans to strike Iran, Trump replied “I may do it, I may not do it,” adding “nobody knows what I’m gonna do.” That’s about sums it up, no one knows just what Donald Trump is going to do, including Donald Trump. Commander of US Central Command (CENTCOM) Gen. Michael Kurilla met with US President Donald Trump and presented him with military options regarding Iran, a source familiar with the details told The Jerusalem Post Wednesday. At this point, a US strike on Iran is all but certain.

US moves its newest super carrier USS Gerald Ford to Mediterranean as massive military hardware buildup near Iran continues

FROM THE NY POST: The USS Ford, America’s flagship 1,100-foot nuclear-powered carrier, is expected to be sent to Europe as soon as next week, making it the third US aircraft carrier group in the region, CNN’s Senior National Reporter Zachary Cohen reported on Wednesday. It’s the latest public movement of military hardware to the region as the Iran-Israel conflict ratchets up.

The $13 billion carrier’s deployment — likely to the Mediterranean Sea — had been scheduled last year, sources to the network. But, it will still be seen as an unmistakable sign of increased global tensions surrounding the ongoing air strikes between Israel and Iran.

The vast majority of Americans across the board agree with Donald Trump that Iran should never have a nuclear weapon. In my opinion, I think the US should do a precision strike on Iranian nuclear sites, and be over with the whole thing. One and done. What do YOU think? pic.twitter.com/whsfDSUCrS

— Now The End Begins (@NowTheEndBegins) June 18, 2025

The Ford will join the USS Carl Vinson, which is already in the Persian Gulf, and the USS Nimitz — which the US announced it was sending from Southeast Asia earlier this week.

It comes after President Trump teased a possible US strike on Iran following the country’s Supreme Leader Ayatollah Ali Khamenei rejected calls for unconditional surrender.

Several other US warships have left a US naval base in Bahrain as part of increased military movements around Iran, it was reported on Wednesday. Aerial refueling tankers have also been sent to the region. READ MORE

Trump speaks on Israel-Iran conflict ‘Nobody knows what I’m gonna do’

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

HOW TO DONATE: Click here to view our WayGiver Funding page

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Headline News

GET OUT NOW!! US Ambassador Mike Huckabee Sends Out Urgent Notice For All Americans To Evacuate Israel By Sea And Air Immediately As Iran Battle Worsens

Published

1 day ago

June 18, 2025

Geoffrey Grider

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U.S. Ambassador Mike Huckabee announced evacuation flights and cruise ship departures for those wishing to leave Israel after last week’s voluntary evacuation notice.

It is not yet a world war, but it is certainly a war the whole world is intently watching, and with each passing hour it grows more and more intense. Yesterday, Donald Trump signaled that the United States had entered the fray, and immediately dispatched the USS Nimitz Carrier Strike Group 11 to the Middle East. Will America deliver the death blow to Iran’s nuclear ambitions, and if so, how will Tehran’s allies Russia, China and North Korea react? Tick, tock goes the end times clock. That’s the memo.

“Every purpose is established by counsel: and with good advice make war.” Proverbs 20:18 (KJB)

Over the past couple of years, we’ve been telling you that World War 3 has been growing more and more likely as time goes by, and today, we are closer to world war then at any time since the Bay of Pigs in the 1960’s under Kennedy. Both previous world wars had a singular defining moment that ‘lit the fuse’ on the powder keg of history, and in this current conflict, Donald Trump is holding the match. Mike Huckabee is right in telling Americans to get out as quickly as possible, this thing is just getting started.

Americans warned to urgently evacuate Israel by air and sea as Iran crisis deepens

FROM THE MIRROR US: “Urgent notice! American citizens wanting to leave Israel- US Embassy in Israel @usembassyjlm is working on evacuation flights & cruise ship departures,” he wrote in an X post on Wednesday.

“You must enroll in the Smart Traveler Enrollment Program (STEP). You will be alerted w/ updates,” he added. STEP is recommended for anyone traveling to foreign countries regardless of the risk level, according to the State Department’s website.

Urgent notice! American citizens wanting to leave Israel- US Embassy in Israel @usembassyjlm is working on evacuation flights & cruise ship departures.
You must enroll in the Smart Traveler Enrollment Program (STEP) (https://t.co/rXymPRTQJJ) You will be alerted w/ updates.

— Ambassador Mike Huckabee (@GovMikeHuckabee) June 18, 2025

Last week, the State Department issued a voluntary evacuation order for all non-emergency U.S. government employees stationed in Israel, the West Bank or Gaza. Family members of diplomatic employees or service members, as well as all non-emergency personnel, were given the option to depart the region “due to the volatile and unpredictable security situation in the region.”

The advisory came after Iran bombed Israel in retaliation for Israel’s own bombing of Iran last week. Missiles have flown across the Middle East for over a week as both powers attempt to get back at one another.

The vast majority of Americans across the board agree with Donald Trump that Iran should never have a nuclear weapon. In my opinion, I think the US should do a precision strike on Iranian nuclear sites, and be over with the whole thing. One and done. What do YOU think? pic.twitter.com/whsfDSUCrS

— Now The End Begins (@NowTheEndBegins) June 18, 2025

On Wednesday, Israel’s Minister of Defense, Israel Katz, penned a warning to Iran as he announced the destruction of Iran’s Internal Security Headquarters. “The tornado continues to hit Tehran. Air Force jets have now destroyed the Iranian regime’s Internal Security Headquarters — the Iranian dictator’s central repressive arm.”

“As we promised — we will continue to harm symbols of government and strike at the ayatollah regime everywhere,” he concluded.

In its travel advisory for Israel, the State Department warned, “In response to security incidents and without advance notice, the U.S. Embassy may further restrict or prohibit U.S. government employees and their family members from traveling to certain areas of Israel, the Old City of Jerusalem, and the West Bank.” READ MORE

Ambassador Mike Huckabee announces evacuation plan for the U.S. Embassy in Israel

U.S. Ambassador to Israel Mike Huckabee announced on social media that his team is working on evacuation plans for Embassy workers in Israel amid continued airstrikes on Tel Aviv by Iran.