Friday, September 23, 2011
ECONOMIC ARMAGEDDON SURVIVAL
ECONOMIC ARMAGEDDON SURVIVAL
By Paul McGuire
The Federal Reserve announced that it saw significant risks in our economy and announced that it would begin what has been called “Operation Twist,” by some.
The Federal Reserve has decided to implement QE 3 on America, but instead of naming it after QE 1 and QE 2, the international bankers who control the private corporation, called “The Fed,” is calling it “Operation Twist,” which is basically twisting the bond yield curve by snatching up longer dated bonds. This essentially sets up a raid on the pensions of middle-aged and older American’s in the Middle Class. Make no mistake about it; the Middle Class is the target!
A major block to job creation in the America is the overseas income deferral law. This gives enormous benefits for transnational corporations and is the center of free trade, globalization, off shoring and outsourcing. These corporations are sitting on $2.2 trillion in untaxed profits, which burdens the American taxpayer with almost $800 billion in lost tax revenue.
This is a huge dirty little secret hidden from you by the Corporate-controlled media, because they control the majority of our politicians from the top down.
These transnational corporations in 2006 were allowed to bring the funds back at only 5-1/4% taxation. But, those conglomerates want to bring those funds back into the US tax free, which means $1 trillion in lost taxes and exploits taking the current financial situation in the US. Five years ago Congress passed legislation allowing $350 billion to be returned to the US at 5-1/4% taxation, not the normal 35%, because these corporations said they would use the funds to create new jobs. But, they did not keep their promise and very few jobs were created.
These American businessmen who make trillions selling their goods and services to America simply moved their corporate headquarters to places like the Cayman Islands where they don’t have to pay taxes to the U.S. They share an enormous responsibility in burning down our economy and causing widespread unemployment.
The root of this economic problem is spiritual. It is a sin problem and not purely economic, such as lust, greed, covetousness and idolatry.
Nationally and globally our economic problems are rooted in our rejection of God and His Word. First, there must be repentance for worshipping the gods of personal, peace and prosperity. Secondly, with God’s wisdom we must create a personal plan that will enable us to survive in the economic chaos.
Finally, we must engage in spiritual warfare and take strategic steps to deal with an elite whose goal is our destruction.
By Paul McGuire
The Federal Reserve announced that it saw significant risks in our economy and announced that it would begin what has been called “Operation Twist,” by some.
The Federal Reserve has decided to implement QE 3 on America, but instead of naming it after QE 1 and QE 2, the international bankers who control the private corporation, called “The Fed,” is calling it “Operation Twist,” which is basically twisting the bond yield curve by snatching up longer dated bonds. This essentially sets up a raid on the pensions of middle-aged and older American’s in the Middle Class. Make no mistake about it; the Middle Class is the target!
A major block to job creation in the America is the overseas income deferral law. This gives enormous benefits for transnational corporations and is the center of free trade, globalization, off shoring and outsourcing. These corporations are sitting on $2.2 trillion in untaxed profits, which burdens the American taxpayer with almost $800 billion in lost tax revenue.
This is a huge dirty little secret hidden from you by the Corporate-controlled media, because they control the majority of our politicians from the top down.
These transnational corporations in 2006 were allowed to bring the funds back at only 5-1/4% taxation. But, those conglomerates want to bring those funds back into the US tax free, which means $1 trillion in lost taxes and exploits taking the current financial situation in the US. Five years ago Congress passed legislation allowing $350 billion to be returned to the US at 5-1/4% taxation, not the normal 35%, because these corporations said they would use the funds to create new jobs. But, they did not keep their promise and very few jobs were created.
These American businessmen who make trillions selling their goods and services to America simply moved their corporate headquarters to places like the Cayman Islands where they don’t have to pay taxes to the U.S. They share an enormous responsibility in burning down our economy and causing widespread unemployment.
The root of this economic problem is spiritual. It is a sin problem and not purely economic, such as lust, greed, covetousness and idolatry.
Nationally and globally our economic problems are rooted in our rejection of God and His Word. First, there must be repentance for worshipping the gods of personal, peace and prosperity. Secondly, with God’s wisdom we must create a personal plan that will enable us to survive in the economic chaos.
Finally, we must engage in spiritual warfare and take strategic steps to deal with an elite whose goal is our destruction.
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