[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

"Analysis: The Final State of the Presidential Race"

He’ll, You Pieces of Garbage

The Future of Warfare -- No more martyrdom!

"Kamala’s Inane Talking Points"

"The Harris Campaign Is Testament to the Toxicity of Woke Politics"

Easy Drywall Patch

Israel Preparing NEW Iran Strike? Iran Vows “Unimaginable” Response | Watchman Newscast

In Logansport, Indiana, Kids are Being Pushed Out of Schools After Migrants Swelled County’s Population by 30%: "Everybody else is falling behind"

Exclusive — Bernie Moreno: We Spend $110,000 Per Illegal Migrant Per Year, More than Twice What ‘the Average American Makes’

Florida County: 41 of 45 People Arrested for Looting after Hurricanes Helene and Milton are Noncitizens

Presidential race: Is a Split Ticket the only Answer?

hurricanes and heat waves are Worse

'Backbone of Iran's missile industry' destroyed by IAF strikes on Islamic Republic

Joe Rogan Experience #2219 - Donald Trump

IDF raids Hezbollah Radwan Forces underground bases, discovers massive cache of weapons

Gallant: ‘After we strike in Iran,’ the world will understand all of our training

The Atlantic Hit Piece On Trump Is A Psy-Op To Justify Post-Election Violence If Harris Loses

Six Al Jazeera journalists are Hamas, PIJ terrorists

Judge Aileen Cannon, who tossed Trump's classified docs case, on list of proposed candidates for attorney general

Iran's Assassination Program in Europe: Europe Goes Back to Sleep

Susan Olsen says Brady Bunch revival was cancelled because she’s MAGA.

Foreign Invaders crisis cost $150B in 2023, forcing some areas to cut police and fire services: report

Israel kills head of Hezbollah Intelligence.

Tenn. AG reveals ICE released thousands of ‘murderers and rapists’ from detention centers into US streets

Kamala Harris Touts Mass Amnesty Offering Fast-Tracked Citizenship to Nearly Every Illegal Alien in U.S.

Migration Crisis Fueled Rise in Tuberculosis Cases Study Finds

"They’re Going to Try to Kill Trump Again"

"Dems' Attempts at Power Grab Losing Their Grip"

"Restoring a ‘Great Moderation’ in Fiscal Policy"

"As attacks intensify, Trump becomes more popular"

Posting Articles Now Working Here

Another Test

Testing

Kamala Harris, reparations, and guaranteed income

Did Mudboy Slim finally kill this place?

"Why Young Americans Are Not Taught about Evil"

"New Rules For Radicals — How To Reinvent Kamala Harris"

"Harris’ problem: She’s a complete phony"

Hurricane Beryl strikes Bay City (TX)

Who Is ‘Destroying Democracy In Darkness?’

‘Kamalanomics’ is just ‘Bidenomics’ but dumber

Even The Washington Post Says Kamala's 'Price Control' Plan is 'Communist'

Arthur Ray Hines, "Sneakypete", has passed away.

No righT ... for me To hear --- whaT you say !

"Walz’s Fellow Guardsmen Set the Record Straight on Veep Candidate’s Military Career: ‘He Bailed Out’ "

"Kamala Harris Selects Progressive Minnesota Governor Tim Walz as Running Mate"

"The Teleprompter Campaign"

Good Riddance to Ismail Haniyeh

"Pagans in Paris"

"Liberal groupthink makes American life creepy and could cost Democrats the election".


Status: Not Logged In; Sign In

Bible Study
See other Bible Study Articles

Title: I RECANT.
Source: Chuck Baldwin / Facebook
URL Source: https://www.facebook.com/permalink. ... 69863063938&id=226997970644468
Published: Apr 5, 2015
Author: Chuck Baldwin
Post Date: 2015-04-15 02:15:42 by Hondo68
Keywords: None
Views: 58357
Comments: 178

I'm using this Facebook post to make a couple of personal confessions.

In one way or another, we are all victims of our past. I was schooled in certain persuasions that have taken 3/4 of a lifetime to overcome. But when I made a conscious decision to pursue and follow truth--no matter where it led me--many years ago, my mind and heart have been liberated with the illumination of truth time and time again. I personally believe that only people who, in their hearts, are sincerely open to truth will ever find it.

I will not make these issues a test of fellowship with those who disagree with me (although, I'm sure many of them will). I, myself, believed differently for all of my adult life. And these conclusions have not been made overnight. It has taken years of study and research to bring me to the conclusions I am sharing with you in this post.

Obviously, this forum will not allow me to go into detail about the conclusions I'm going to share. That must be reserved for another day and another forum. But, for the sake of the folks--especially those Christian folks--who follow my work, I believe I need to be honest and straightforward regarding these conclusions.

So, here we go:

1. I recant the dogmatism of a belief in a pre-millennial rapture.

That doesn't mean that I DON'T believe in a Rapture. It just means that I am no longer dogmatic about it; and neither do I think that it matters to a tinker's dam regarding my personal duty to God. The Lord is going to fulfill His divine will regarding prophetic events in His time. Quite frankly, I am convinced that, for the most part, it is not for us to know the things God has reserved unto Himself. (Acts 1:6, 7)

For too long, many of our pre-millennial friends have been using a belief in the Rapture as an excuse to sit back on their blessed assurance and do nothing. Even if the doctrine is true, the way it is being used as an excuse to not engage the liberty fight is downright shameful.

2. I recant the position that the modern state of Israel is the same as the prophetic Israel of the Bible.

The nation of Israel rejected their Messiah and God destroyed their nation, their capital city, and their temple in 70 AD. Spiritually, the children of Israel have been in a state of blindness ever since. With the advent of the New Testament Church, we are NOT Jews or Gentiles, Greeks or Barbarians, etc.: we are all ONE IN CHRIST. God's people today are the blood-washed saints of all races, ethnicities, nationalities, etc. Again, we are ONE IN CHRIST.

Accordingly, I am convinced that the modern state of Israel is NOT the prophetic fulfillment of the future redeemed nation of Israel. NOT IN ANY SHAPE, MANNER, OR FORM. I further conclude that the misapplication of applying prophetic scriptures to the modern state of Israel is producing nothing but perpetual war, the demise of liberty at home, the rise of a Police State, and the facilitation of a devilish New World Order.

So, there you have it. I RECANT.


Poster Comment:

I wonder if he's getting ready to run for president again?

I voted for him when Ron Paul endorsed him in '08, and I just might again in '16.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Comments (1-93) not displayed.
      .
      .
      .

#94. To: Liberator (#92)

Am I to understand this is your theory for the reason for the Vatican's astronomers?

It's not a theory.

Modern astronomy began with the Church (Copernicus, Galileo), and to this day much of the grunt work of recording the transits of planets across the Sun is done worldwide by the Jesuits.

Pope Leo XIII, speaking in 1891 of the purpose of the Vatican Observatory: “…that everyone might see clearly that the Church and her Pastors are not opposed to true and solid science, whether human or divine, but that they embrace it, encourage it, and promote it with the fullest possible devotion.”

Modern science originally came out of the Catholic universities. Philosophically, the Catholic Church is pro-science because of the belief in a universe rationally ordered by God.

Think of all of the universities just in the USA that are Catholic: Notre Dame, Georgetown, Boston College, Loyola, St. John's, Marquette. Overseas, the Sorbonne has been nationalized in France, but Louvain and La Sapienza are still Catholic. All told, there are 1358 Catholic universities around the world.

(There are a total of 2474 4-year colleges of all types in the USA; 197 of them are Catholic.)

The Catholic Church is the most widespread educational institution on the planet, with more primary and secondary educational systems in more countries than any other. And remember: the Pope is the head of all of that. He needs to know what is going on in the scientific world.

Heliocentrism originated from a Catholic monk, Copernicus, was confirmed by the observations of a Catholic university professor, Galileo.

Modern scientific theory was derived by a devout French Catholic: Descartes, with deeper math theory expounded by a devout visionary, Paschal. Pasteur gave us germ theory, and the monk Mendel gave us genetic theory. Bacon, the medieval who prefigured the scientific method, was a Catholic monk. So was the famous William of Ockham, author of "Occam's Razor" (he was a Franciscan).

Avogadro (of the famous number) and Bequerel, Volta (inventor of the battery) and Vesalius (founder of anatomy); Lavoisier (creator of chemistry), Lamarck (whom Darwin challenged), Fermat and Galvani with his frog legs. And so on.

The Catholic Church has always been scientific in its focus. Catholics believe that the Natural Law is God's law, and that God's laws are rational. Therefore, Catholics have always expected to find rational order in the universe, and have always intuited that, if they looked hard enough, they would find it.

This is one of the distinctive features of Catholic philosophy that is different - radically different - from many of the Protestant philosophies.

It's the reason why Catholics are untroubled by the theory of evolution, and teach it in Catholic schools. It's the best science (as produced through the method), at the time. Obviously Catholics believe that God is the source of all natural law.

The Church has always been interested in the sciences, and needs to be, because science and religion are fundamentally intertwined, and the Pope needs to be kept up to date on developments.

That's why the Pope has an astronomer.

Vicomte13  posted on  2015-04-17   14:45:08 ET  Reply   Trace   Private Reply  


#95. To: misterwhite (#85)

So I guess Congress learned their lesson and restored Glass-Steagall, right?

What part of "congress is now pwned" by organized criminals are you having trouble comprehending?

VxH  posted on  2015-04-17   14:47:49 ET  Reply   Trace   Private Reply  


#96. To: misterwhite (#84)

Keep in mind that it was a government institution, Fannie Mae, that rated these mortgage backed securities and said they were solid. They lied.

GeeOpie, you keep trying to pull that opinion out of your arse as if it were fact.

It's not fact. The FACT is that the one-time leader of sub-prime origination AMERIQUEST/ARGENT Mortgage, NEVER produced products that qualified for Freddy/fannie underwriting.

VxH  posted on  2015-04-17   14:50:28 ET  Reply   Trace   Private Reply  


#97. To: misterwhite (#84) (Edited)

He was referring to federal regulation of the derivatives market.

And the housing market.

Housing never goes down, right? That's the essence of what he said - and what he admitted he was wrong about.

The gaming of housing prices and the gaming of the derivatives market cannot be separated, they are sewage in the same systemically corrupt sewer pipe.

The same is true about congress and the vermin who've corrupted it to facilitate their kleptocracy.

"Lender Lobbying Blitz Abetted Mortgage Mess Ameriquest Pressed For Changes in Laws; A Battle in New Jersey"
www.wsj.com/articles/SB119906606162358773

VxH  posted on  2015-04-17   15:00:28 ET  Reply   Trace   Private Reply  


#98. To: VxH (#97)

"Housing never goes down, right? That's the essence of what he said - and what he admitted he was wrong about."

He said that, historically, housing never went down.

misterwhite  posted on  2015-04-17   15:22:57 ET  Reply   Trace   Private Reply  


#99. To: Liberator (#87)

It was every CT theory rolled up in a giant alien motif. Everything going wrong in the world had some alien influence.

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   15:53:51 ET  Reply   Trace   Private Reply  


#100. To: Liberator (#92)

Am I to understand this is your theory for the reason for the Vatican's astronomers?

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   15:59:16 ET  Reply   Trace   Private Reply  


#101. To: Vicomte13 (#94)

Pope Leo XIII, speaking in 1891 of the purpose of the Vatican Observatory: “…that everyone might see clearly that the Church and her Pastors are not opposed to true and solid science, whether human or divine, but that they embrace it, encourage it, and promote it with the fullest possible devotion.”

Modern science originally came out of the Catholic universities. Philosophically, the Catholic Church is pro-science because of the belief in a universe rationally ordered by God.

Think of all of the universities just in the USA that are Catholic...

I can accept your scientific knowledge explanation fully.....and it made sense. IN THE PAST. Back when the Vatican was as active, powerful and rich a force on the planet. In that sense, astronomy as one more scientific subject to be studied behooved the Vatican and Catholic Universities...

But does it make any sense in the last half century or so? How is the Vatican with its staff of astronomers really supposed to make more discoveries than NASA or any international space programs and modern equipment?

If the Pope needs updating on the discovery new planets, I'm sure the world's scientific community can update him. At this point it's just a hobby. And btw -- what "developments" would be so crucial in the field of astronomy that any Pope needs to be "updated"? "Alien" life??

Liberator  posted on  2015-04-17   16:17:10 ET  Reply   Trace   Private Reply  


#102. To: Vicomte13, liberator, SOSO (#94)

Notre Dame, Georgetown, Boston College, Loyola, St. John's, Marquette

Of course you left out two of the better Catholic universities in your list:)

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   16:19:12 ET  Reply   Trace   Private Reply  


#103. To: redleghunter (#99)

It [The X-Files] was every CT theory rolled up in a giant alien motif. Everything going wrong in the world had some alien influence.

Too CT. Even for me.

Now if the show featured demons, alien "people" who are reptiles, ghost riders in the sky, witches, and zombies, THEN we have a realistic CT.

;-)

Liberator  posted on  2015-04-17   16:21:03 ET  Reply   Trace   Private Reply  


#104. To: redleghunter, Vicomte13, SOSO (#102)

Georgetown?? Is it still "Catholic"? Even though for President ZERO's visit they inexplicably covered up “IHS”-- symbolizing the name of Jesus Christ?

Liberator  posted on  2015-04-17   16:24:17 ET  Reply   Trace   Private Reply  


#105. To: Vicomte13 (#94)

This is one of the distinctive features of Catholic philosophy that is different - radically different - from many of the Protestant philosophies.

Not really. Protestant philosophers were/are quite steeped in knowing the universe as a creation of God is ordered.

You can see it in the Reformation art.

Also, Decartes may have been baptized Catholic but he was more an Enlightenment philosopher. Too much into the rationalism of the time. Those who followed Decartes ended up being the modern atheists or at least deists.

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   16:28:18 ET  Reply   Trace   Private Reply  


#106. To: redleghunter, CZ82 (#100)

HA! Great scene, great flick! It was all quite believable (until they jumped the shark when a mothballed WWII Battleship and their 90 year old skeleton crew evaded then took out the Alien Ship.)

:-(

Liberator  posted on  2015-04-17   16:29:38 ET  Reply   Trace   Private Reply  


#107. To: Liberator (#103)

alien "people" who are reptiles

My favorite are the 'shape shifting' reptiles:)

When my boys were young I made up bedtime stories of farm animals who were trained in Kung-fu who fight off an alien invasion of shape shifting aliens.

Should have wrote down those stories...could have sold them:)

The Kung-fu Cow (really a bull) would toss flaming cow patties as his attack weapon.

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   16:30:55 ET  Reply   Trace   Private Reply  


#108. To: Liberator (#101)

And btw -- what "developments" would be so crucial in the field of astronomy that any Pope needs to be "updated"? "Alien" life??

Maybe, if the Pope takes some of Revelation literally, he will be looking for this:

Revelation 9

9 Then the fifth angel sounded: And I saw a star fallen from heaven to the earth. To him was given the key to the bottomless pit. 2 And he opened the bottomless pit, and smoke arose out of the pit like the smoke of a great furnace. So the sun and the air were darkened because of the smoke of the pit.

3 Then out of the smoke locusts came upon the earth. And to them was given power, as the scorpions of the earth have power. 4 They were commanded not to harm the grass of the earth, or any green thing, or any tree, but only those men who do not have the seal of God on their foreheads. 5 And they were not given authority to kill them, but to torment them for five months. Their torment was like the torment of a scorpion when it strikes a man. 6 In those days men will seek death and will not find it; they will desire to die, and death will flee from them.

7 The shape of the locusts was like horses prepared for battle. On their heads were crowns of something like gold, and their faces were like the faces of men. 8 They had hair like women’s hair, and their teeth were like lions’ teeth. 9 And they had breastplates like breastplates of iron, and the sound of their wings was like the sound of chariots with many horses running into battle. 10 They had tails like scorpions, and there were stings in their tails. Their power was to hurt men five months. 11 And they had as king over them the angel of the bottomless pit, whose name in Hebrew is Abaddon, but in Greek he has the name Apollyon.

12 One woe is past. Behold, still two more woes are coming after these things.

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   16:36:28 ET  Reply   Trace   Private Reply  


#109. To: redleghunter, Vicomte13 (#105)

Protestant philosophers were/are quite steeped in knowing the universe as a creation of God is ordered. You can see it in the Reformation art.

Let's also not forget that to anything BUT "Catholic" before Luther was verboten. So it could well be said the Protestant-ism facilitated the Enlightenment and all of the strides in the arts as well as sciences.

Decartes may have been baptized Catholic but he was more an Enlightenment philosopher. Too much into the rationalism of the time. Those who followed Decartes ended up being the modern atheists or at least deists.

Yup. The "can 'o worms" that was the Reformation liberated Descartes and the modern Atheist/Deist movement to not only reject Catholicism, but also Protestantism, and ultimately any word of God at the far end of the "Free Will" spectrum.

Liberator  posted on  2015-04-17   16:38:31 ET  Reply   Trace   Private Reply  


#110. To: redleghunter (#107)

My favorite are the 'shape shifting' reptiles:)

Is that when the beautiful lady morphs into her "real" self?: An ugly alien reptile? (How disappointing that is ;-)

When my boys were young I made up bedtime stories of farm animals who were trained in Kung-fu who fight off an alien invasion of shape shifting aliens.

Should have wrote down those stories...could have sold them:)

Man...that is hilarious! Too bad you didn't record those tales...

The Kung-fu Cow (really a bull) would toss flaming cow patties as his attack weapon.

I'm stealing that. For MY book. LOL

Liberator  posted on  2015-04-17   16:41:24 ET  Reply   Trace   Private Reply  


#111. To: Liberator, Vicomte13, SOSO (#104)

Georgetown?? Is it still "Catholic"? Even though for President ZERO's visit they inexplicably covered up “IHS”-- symbolizing the name of Jesus Christ?

The Catholics over at TOS opine that Catholic universities are not really under a bishop or cardinal etc. That's their answer. It is just an excuse IMO like some Protestant universities which are religious in name only.

Georgetown stopped being "Catholic" long before I was college age. One of the reasons my uncle convinced me to avoid going there and instead look at few other 'Catholic' universities like Stubenville, Fairfield and Fordham. I went to Fordham and it was Catholic enough for the times (80s) but had a slant towards Marxist professors on the one hand and some old Jesuits who were very conservative in dogma and morals. Yet Fordham even in the mid to late 80s had a homosexual alliance club which the university funded like all other clubs.

This was a first hint that the University was not not fully adhering to Catholic doctrine. So in my uncle's most astute observation, Georgetown was gone and I reported back to him Fordham was getting there. Given the alumni newsletters I get Fordham has gone the way of Georgetown.

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   16:44:49 ET  Reply   Trace   Private Reply  


#112. To: redleghunter (#108)

Maybe, if the Pope takes some of Revelation literally, he will be looking for this:

Revelation 9

9 Then the fifth angel sounded: And I saw a star fallen from heaven to the earth. To him was given the key to the bottomless pit. 2 And he opened the bottomless pit, and smoke arose out of the pit like the smoke of a great furnace. So the sun and the air were darkened because of the smoke of the pit....

(No telescope needed.)

Not a big fan of "woes."

;-)

Liberator  posted on  2015-04-17   16:49:52 ET  Reply   Trace   Private Reply  


#113. To: misterwhite (#98)

He said that, historically, housing never went down.

Well, so much for those "assurances".

Whose fault was it when Greenspan was advocating removing Glass-steagal?

VxH  posted on  2015-04-17   16:59:29 ET  Reply   Trace   Private Reply  


#114. To: Liberator (#112)

And I saw a star fallen from heaven to the earth.

I forget, was that Nebuchadnezzar or Lucifer in Isaiah?

VxH  posted on  2015-04-17   17:00:12 ET  Reply   Trace   Private Reply  


#115. To: redleghunter, Vicomte13, SOSO (#111)

The Catholics over at TOS opine that Catholic universities are not really under a bishop or cardinal etc. That's their answer. It is just an excuse IMO like some Protestant universities which are religious in name only.

Is that how they explained it? That because there's no actual Catholic oversight any longer? You wonder just how this transformation took place. At either a "Catholic" or "Protestant" faith-based university or college. Sad.

One of the reasons my uncle convinced me to avoid going there [Georgetown] and instead look at few other 'Catholic' universities like Stubenville, Fairfield and Fordham. I went to Fordham and it was Catholic enough for the times (80s) but had a slant towards Marxist professors on the one hand and some old Jesuits who were very conservative in dogma and morals. Yet Fordham even in the mid to late 80s had a homosexual alliance club which the university funded like all other clubs. This was a first hint that the University was not not fully adhering to Catholic doctrine.

Yeah, ya think??

Well, it was impressive enough just to qualify for Georgetown and the other schools....Wound up at Fordham? Good rep. Despite (uggh!) university-sancioned gay clubs as far back as the 80s??) At least some old school conservative Jesuits (kinda) off-set the Marxist profs. I can't imagine the degree of Gay-Marxist-anti-Americanism influence these days. After all...are you satisfied with the experience? You're a native New Yawkah, right?

So in my uncle's most astute observation, Georgetown was gone and I reported back to him Fordham was getting there. Given the alumni newsletters I get Fordham has gone the way of Georgetown.

Apparently you were among the last to attend Fordham "back in the olde days." Is Unc still around?

Liberator  posted on  2015-04-17   17:04:20 ET  Reply   Trace   Private Reply  


#116. To: VxH (#114)

I don't think it's as much as you "forget" as much as you're very confused.

Do you believe Revelation? The Gospel? Or for that matter Isaiah or ANY of the Bible?

Or are you content to selectively quote what you want? Does that mean you own a Jeffersonian Bible?

Liberator  posted on  2015-04-17   17:07:40 ET  Reply   Trace   Private Reply  


#117. To: Liberator, SOSO (#115)

Apparently you were among the last to attend Fordham "back in the olde days." Is Unc still around?

He is home with the Lord. And a proud graduate of Manhattan College to boot!

"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)

redleghunter  posted on  2015-04-17   17:12:05 ET  Reply   Trace   Private Reply  


#118. To: Liberator (#116) (Edited)

So you can't answer whether it was Lucifer or Nebuchadnezzar.

Thanks for clearing that up.

Don't let me interrupt your pining for the Apokeeeclypse. Carry on.

VxH  posted on  2015-04-17   17:29:00 ET  Reply   Trace   Private Reply  


#119. To: VxH (#114)

Would it have been Neb. or Lucifer who fell from Heaven like a shooting star?

Don  posted on  2015-04-17   17:50:43 ET  Reply   Trace   Private Reply  


#120. To: VxH (#113)

"Whose fault was it when Greenspan was advocating removing Glass-steagal?"

Are you saying Glass-Steagall was responsible for the banking crisis? If not, give it a f**king rest already.

misterwhite  posted on  2015-04-17   17:55:09 ET  Reply   Trace   Private Reply  


#121. To: misterwhite (#120) (Edited)

Are you saying Glass-Steagall was responsible for the banking crisis? If not, give it a f**king rest already.

Are you saying the deregulation advocated by Greenspan didn't allow banks to engage in activities that resulted in the big 4 PRESENTLY holding over 200 Trillion dollars in notional derivatives?

If not, then give yourself a f**king rest and try doing some actual research into the events that created the environment in which the so-called "banking" crisis transpired instead of regurgitating Lush Limbaugh's GeeOpie sound bytes.

VxH  posted on  2015-04-17   19:05:53 ET  Reply   Trace   Private Reply  


#122. To: Don (#119)

Would it have been Neb. or Lucifer who fell from Heaven like a shooting star?

Either, depending on which translation of Isaiah you read.

King James is the only one that refers to Lucifer instead of Ne-bu-chad-nez-ZAR.

ZAR/SAR being an Akkadian meme meaning Sun-prince.

It's not surprising joly ol' King Jimmuh's translation would be the one to muddy the water - and draw attention away from the perch he himself was propped upon, atop the theocratic state-establishment.

VxH  posted on  2015-04-17   19:12:08 ET  Reply   Trace   Private Reply  


#123. To: Liberator (#90)

Speaking at the British Science Festival in 2010, one of then-Pope Benedict XVI’s astronomers said he would baptise an alien “if they asked”. While he accepted that the chances of ever getting such an opportunity were slim, Guy Consolmagno said: “Any entity – no matter how many tentacles it has – has a soul.”

Don't worry, the Vatican is grappling with these theological issues.

Tooconservative  posted on  2015-04-17   21:30:00 ET  Reply   Trace   Private Reply  


#124. To: Liberator (#106)

That's one thing I need to add to my bucket list is to go to Pearl and take a tour of the Missouri and sit on top of one of the 16" gun turrets. Also go to the Arizona and pay my respects to those who are still entombed.

“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rapidly promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”

CZ82  posted on  2015-04-17   21:41:23 ET  Reply   Trace   Private Reply  


#125. To: Liberator, redleghunter, Vicomte13, (#104)

Georgetown?? Is it still "Catholic"? Even though for President ZERO's visit they inexplicably covered up “IHS”-- symbolizing the name of Jesus Christ?

And Notre Dame gave the emperor, yes, the one that advocates for late term abortion, an honorary degree.

потому что Бог хочет это тот путь

SOSO  posted on  2015-04-17   21:59:10 ET  Reply   Trace   Private Reply  


#126. To: redleghunter (#117)

Apparently you were among the last to attend Fordham "back in the olde days." Is Unc still around?

He is home with the Lord. And a proud graduate of Manhattan College to boot!

As every Jasper of that age and at least through the '60s is. Alas, Manhattan has changed much from the time I graduated in the mid-60s. It traditionally was a day school that served the lower middle class Irish and Italian kids who could not afford the higher tuition of most other private colleges/universitites or afford to board. At the time over 90% of the student body were day commuters like myself. I understand that most of the student body now are residents and that tution and board for the typical engineering student is over $50,000/year.

потому что Бог хочет это тот путь

SOSO  posted on  2015-04-17   22:09:43 ET  Reply   Trace   Private Reply  


#127. To: CZ82 (#124) (Edited)

Tooconservative  posted on  2015-04-17   23:30:14 ET  Reply   Trace   Private Reply  


#128. To: TooConservative (#127)

What??

“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rapidly promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”

CZ82  posted on  2015-04-18   9:21:23 ET  Reply   Trace   Private Reply  


#129. To: VxH (#121)

OK. So you're saying that Glass-Steagall was NOT responsible for the banking crisis but you're going to keep bringing it up anyways.

Just like you're going to keep bringing up your stupid Ameriquest argument despite the FACT that they only represented a very small part of the problem.

Just like you're going to keep bringing up your stupid "whiteout and scissors" argument like that was the main problem.

Take your red herrings elsewhere. The government interfered with the financial market. It was only fair that they cleaned up their own mess. That they did so at a profit was simply a bonus.

misterwhite  posted on  2015-04-18   10:04:34 ET  Reply   Trace   Private Reply  


#130. To: CZ82 (#128)

"What??"

You heard him. So what's your response?

misterwhite  posted on  2015-04-18   10:05:26 ET  Reply   Trace   Private Reply  


#131. To: misterwhite (#129) (Edited)

so you're saying that Glass-Steagall was NOT responsible for the banking crisis

Nope.  Removing the prohibitions of Glass-Steagall absolutely was part of the problem.

I'm saying go educate yourself about the systemic sewer system's plumbing before talking out of your a$$. 

your stupid Ameriquest argument despite the FACT that they only represented a very small part of the problem.

Country Wide, Wells Fargo, Bear Stearns, and the other predators who followed the "revolutionary" model pioneered by Roland Arnall and his merry band of Long Beach pirates evidently didn't think it was so stupid.

 

Ameriquest founder was subprime "godfather"

Roland Arnall, founder of Orange-based Ameriquest Mortgage Co. and a "godfather of subprime lending," died Monday at age 68.

Arnall, who resigned this month as U.S. ambassador to the Netherlands, died "suddenly" of cancer at UCLA Medical Center, said family spokeswoman Lisa Cohen.

A major contributor to Republican Party causes and President Bush's campaigns, Arnall was appointed ambassador in 2006 after Ameriquest and its affiliated companies agreed to pay $325 million - without admitting wrongdoing - to settle complaints of predatory lending by attorneys general in 49 states.

Arnall built a fortune, estimated at $1.5 billion by Forbes magazine, writing loans for people with spotty credit, a type of loan later known as "subprime."

...

Wall Street sold the mortgages as securities, fueling a real estate boom followed by the current bust that triggered worldwide economic turmoil, highlighted by this week's collapse of investment bank Bear Stearns Cos.

...

A Jewish native of France, Arnall's family survived World War II before moving to America. Arnall sold flowers on the streets of Los Angeles and then real estate in the 1970s, before founding Long Beach Savings in 1979.

That bank split into Ameriquest and a publicly traded subsidiary that sold for $350 million in 1999 to become the subprime arm of Washington Mutual. Arnall's executives founded other subprime lenders - Brea-based ResMae Mortgage Corp. and Encore Credit Corp. in Irvine....

 www.ocregister.com/articl...-subprime-ameriquest.html


"Oops"
 
 
Can anybody tell the class what RINO enterpise the "Progress for America Fund" paddled swiftly up the river?

VxH  posted on  2015-04-18   10:29:23 ET  (2 images) Reply   Trace   Private Reply  


#132. To: VxH (#131)

"Nope. Removing the prohibitions of Glass-Steagall absolutely was part of the problem."

Oh, now it's "part" of the problem?

Well hell, I'll concede Ameriquest was "part" of the problem as well as "whiteout and scissors" were "part" of the problem.

Glass-Steagall was repealed 10 years before the banking crisis.

"Ameriquest founder was subprime "godfather"

You are so desperate in your search for a boogeyman. What percentage of the subprime loans did "Godfather" Ameriquest make? Do you know? How about 10%?

misterwhite  posted on  2015-04-18   10:50:17 ET  Reply   Trace   Private Reply  


#133. To: misterwhite (#132) (Edited)

>>Oh, now it's "part" of the problem?
 
It was always part of the problem shyte for brains.
 
>>What percentage of the subprime loans did "Godfather" Ameriquest make?
 
What percentage of subprime loans were made by those who followed the securitization model the Godfather's fraudulent enterprise invented?
 
starting with the emergence of subprime mortgage lending in Southern California in the 1980’s. Roland Arnall was there at the beginning, at the helm of a small federal savings bank, and Hudson’s main narrative traces how Arnall’s lending operations grew into the nation’s biggest subprime lending empire. At their peak in 2004, Ameriquest and its affiliates generated $83 billion in subprime loans—and $1.3 billion in profits. The bulk of the profits flowed through to Arnall, elevating him to #73 on the Forbes Four Hundred list of the richest Americans. He took the money and ran, becoming U.S. Ambassador to the Netherlands in early 2006.
...
still, the explosive growth of subprime lenders like Ameriquest was only possible because of the big Wall Street firms that purchased their loans and packaged them into securities sold to investors. Wall Street’s quest for the generous fees gained in this process led them to be no more interested in borrowers” ability to repay their loans than were the lenders. So Hudson’s second focus is on Lehman Brothers, the biggest Wall Street backer of subprime lenders, and the picture there was no prettier than it was at Ameriquest. A Lehman executive who visited the now-infamous First American Mortgage Company (FAMCO) in the 1990s reported back that “there is something really unethical about the type of business in which FAMCO is engaged. ... [I]t is a requirement to leave your ethics at the door.” Nevertheless, Lehman eagerly sought to finance the company’s operations and buy its loans.
etc. etc.
 
>>Glass-Steagall was repealed 10 years before the banking crisis.
 
Long enough to inflate the bubble.
 
 
 
 
" Uhhhh, that's not ours either! "
---Weiner, Obama, Perry, Pelosi, Frank, Pritzker and Associates, LLLP.
 
 
 
 
Nudge nudge nudge...
 
 
"the explosive growth of subprime lenders like Ameriquest was only possible because of the big Wall Street firms that purchased their loans and packaged them into securities sold to investors. "

Without the repeal of Glass-Steagall, that pipeline wouldn't have been open.

VxH  posted on  2015-04-18   11:45:58 ET  (2 images) Reply   Trace   Private Reply  



      .
      .
      .

Comments (134 - 178) not displayed.

TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com