Wednesday, March 4, 2009

400-408How is this economy impacting your family's spiritual life?  Is it drawing you closer to the Lord, or pushing you further away?  How have the snares of financial bondage effected your walk with the Lord?  Is your church doing anything for the unemployed, like having people with HR experience help them to write a resume, conduct an interview, or even job search?  Has this downturn been a blessing for any of you, if so how?  When are you likely to build your house on the Rock, before a storm or afterwards?
• Dick Morris (3/3/09) Coming Next Year: Obama's Inflation.
In the last five months, according to the Federal Reserve Board, the money supply in the United States has increased by 271 percent. It has almost tripled.
Have car sales tripled? Home purchases? Consumer spending? Corporate investment? Not only have they not tripled, they have all declined more sharply than they have since at least the recession of 1981-82, and perhaps since the Great Depression.
So where is the money? If it isn't being spent, where is it?
It is being parked, squirreled away. Consumers are using it to pay down their credit card balances, pay off their mortgages, reduce their student loans, make the payments on the car sitting in their driveway -- not the one in the dealer's lot. Businesspeople are buying T-bills, investing the money and saving it. They aren't spending, either.
• Footprints in the Sand by Mary Stevenson, 1936 (
One night I dreamed I was walking along the beach with the Lord. Many scenes from my life flashed across the sky.  In each scene I noticed footprints in the sand. Sometimes there were two sets of footprints, other times there was one only.
This bothered me because I noticed that during the low periods of my life, when I was suffering from anguish, sorrow or defeat, I could see only one set of footprints, so I said to the Lord,
"You promised me Lord, that if I followed you, you would walk with me always. But I have noticed that during the most trying periods of my life there has only been one set of footprints in the sand. Why, when I needed you most, have you not been there for me?"
The Lord replied, "The years when you have seen only one set of footprints, my child, is when I carried you."
• Ron Blue's core biblical financial principles are:  1) Spend less than you earn,  2) Avoid short term debt (i.e., credit cards), 3) Build savings into your plan, 4) Set long term goals, and continue to give to the Lord,  5) And remember, do give because it reminds us that God owns it all.  For more info, go to
428-437As God's people, aren't we supposed to be "out-living" and "out-loving" the world?  Aren't our priorities to be such that we can withstand the storms of life better than those that don't know the Lord?  Wouldn't biblical financial wisdom have prevented much of the pain you're going through?
438 [1:30] Robert Micone/Bill O'Connor aka "The Money Guys" at Applied Financial with 5 offices around the southland, 866-SEEK-COUNSEL, and online at
(:58) CBS news reporter Natalia Zea reports on the 2003 botched abortion case where the live baby was thrown out in the trash.  The doctor has lost his license, and the woman who threw the baby out, Belkis Gonzalez, will not be facing murder charges because "the fetus was too young to survive at 23 weeks."
528-538David Wheaton, host of The Christian Worldview ( radio show, and author of University of Destruction (2005), was a professional tennis player for 13 years (1988-2001), was ranked as high as #12 in the world in 1991, and still plays part-time – he won the "Over-35 Doubles Championship" at Wimbledon in 2004 with partner T.J. Middleton.  David is in town for the 2009 Shepherds' Conference at Grace Community Church (, and reports on some interesting things John MacArthur said this morning regarding global warming and a literal 6-day creation.
544-554David Wheaton
558-608David Reagan, was a Professor of International Law and Politics for 20 years before founding Lamb & Lion Ministries (, is author of several books, including Wrath and Glory:  Unveiling the Majestic Book of Revelation, and he hosts the weekly television show Christ in Prophecy broadcast nationally on six Christian networks.
612-623David Reagan
628-638Byron York, chief political correspondent for The Washington Examiner (, author of The Vast Left-Wing Conspiracy.
644-655Nate Hanson, ( predicts Lil Rounds, Scott MacIntyre, and Jorge Nunez for the three going through on American Idol tonight!
• Michael Gerson (3/4/09) The Week of Revelation.
• NBC (3/4/09) O.C. Residents Feel Mysterrrrrious Shakingggg!  At 9:15pm last night, but it wasn't an earthquake.
• OC Register (3/4/09) Boom from jet likely caused mysterious shaking in O.C.  "Science dude" Gary Robbins says it was consistent with a sonic boom coming onshore near Dana Point.
• Robert J. Barro (3/4/09) What Are the Odds of a Depression?  International evidence suggests there is a 20% chance our stock-market crash will lead to much worse. Mr. Barro is a professor of economics at Harvard and a fellow at Stanford University's Hoover Institution.
My Summary:  There's a 20% chance this recession will snowball into a depression.  The 59 nonwar depressions lasted an average of 4 years, meaning the recovery isn't likely until 2012 – and will occur despite, not because of Obama's policies.
He writes, "Given our situation, it is right that radical government policies should be considered if they promise to lower the probability and likely size of a depression. However, many governmental actions -- including several pursued by Franklin Roosevelt during the Great Depression -- can make things worse. I wish I could be confident that the array of U.S. policies already in place and those likely forthcoming will be helpful. But I think it more likely that the economy will eventually recover despite these policies, rather than because of them."
My Summary:  Is Rush the party's leader? 
24% of Conservatives said yes, 76% said no.
48% of Moderates said yes, 52% said no or weren't sure.
45% of Liberals said yes, 55% said no or weren't sure.
11% of GOP voters said yes, 81% said no, 8% not sure.
44% of Democrats said yes, 41% said no, 15% not sure.
27% of Independents said yes, 58% said no, 15% not sure.
Overall, 29% said he is, 59% said he's not, and 13% aren't sure.
64% of Liberals say the GOP is too conservative.
83% of Conservatives say the GOP is not conservative enough.
(1:03) Tavis Smiley with Larry King last night (3/3/09) says, "class warfare is what we had for 8 years, it's time to level the playing field" and hopes the "money will trickle down" to the poor.
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