U.S. economist: The housing collapse in America has brought recession fears that have spread worldwide in 2008. The housing correction will not be over in America and England until late 2012 and the U.S. is now facing stagflation. The only way America can be saved from economic disaster is for this nation to ask Jesus Christ for forgiveness and to repent. Our Lord God is merciful. Rebate checks are not going to stop the affliction that is looming for the U.S. & England. House prices will continue to plunge the next 5 years. The same people that said there was no housing bubble are now the same people who are saying that there is no recession or stagflation. Who are you going to believe my friends? Stop trusting in flesh and start trusting the LORD. Jesus Christ will not ever fail you.
John 21:25 And there are also many other things which Jesus did, the which, if they should be written every one, I suppose that even the world itself could not contain the books that should be written. Amen.
Romans 2:11 For there is no respect of persons with God.
Romans 10:9 That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.
Romans 10:13 For whosoever shall call upon the name of the Lord shall be saved.
John 3:15-17 That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his Son into the world to condemn the world; but that the world through him might be saved.
Philippians 2:9-11 Wherefore God also hath highly exalted him, and given him a name which is above every name: That at the name of Jesus every knee should bow, of things in heaven, and things in earth, and things under the earth; And that every tongue should confess that Jesus Christ is Lord, to the glory of God the Father.
Romans 14:12 So then every one of us shall give account of himself to God.
Ecclesiastes 7:20 For there is not a just man upon earth, that doeth good, and sinneth not.
Ecclesiastes 12:14 For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil.
Luke 12:2-3 For there is nothing covered, that shall not be revealed; neither hid, that shall not be known. Therefore whatsoever ye have spoken in darkness shall be heard in the light; and that which ye have spoken in the ear in closets shall be proclaimed upon the housetops.
Jeremiah 23:24 Can any hide himself in secret places that I shall not see him? saith the LORD. Do not I fill heaven and earth? saith the LORD.
Proverbs 15:3 The eyes of the LORD are in every place, beholding the evil and the good.
Revelation 3:19 As many as I love, I rebuke and chasten: be zealous therefore, and repent.
Ecclesiastes 3:14 I know that, whatsoever God doeth, it shall be for ever: nothing can be put to it, nor any thing taken from it: and God doeth it, that men should fear before him.
The Lord has not forsaken the earth and the Lord sees everything. Ask Jesus to open your heart so that you may see him and feel the love, the peace and the healing that He has waiting for you.
Matthew 22:37 Jesus said unto him, Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind.
1 Corinthians 2:9 But as it is written, Eye hath not seen, nor ear heard, neither have entered into the heart of man, the things which God hath prepared for them that love him.
John 14:27 Peace I leave with you, my peace I give unto you: not as the world giveth, give I unto you. Let not your heart be troubled, neither let it be afraid.
Luke 4:18-19 The Spirit of the Lord is upon me, because he hath anointed me to preach the gospel to the poor; he hath sent me to heal the brokenhearted, to preach deliverance to the captives, and recovering of sight to the blind, to set at liberty them that are bruised, To preach the acceptable year of the Lord.
Matthew 13:15 For this people's heart is waxed gross, and their ears are dull of hearing, and their eyes they have closed; lest at any time they should see with their eyes, and hear with their ears, and should understand with their heart, and should be converted, and I should heal them.
2 Corinthians 8:9 For ye know the grace of our Lord Jesus Christ, that, though he was rich, yet for your sakes he became poor, that ye through his poverty might be rich.
Philippians 2:5-8 Let this mind be in you, which was also in Christ Jesus: Who, being in the form of God, thought it not robbery to be equal with God: But made himself of no reputation, and took upon him the form of a servant, and was made in the likeness of men: And being found in fashion as a man, he humbled himself, and became obedient unto death, even the death of the cross.
Ephesians 4:32 And be ye kind one to another, tenderhearted, forgiving one another, even as God for Christ's sake hath forgiven you.
Isaiah 35:4 Say to them that are of a fearful heart, Be strong, fear not: behold, your God will come with vengeance, even God with a recompence; he will come and save you.
Joel 2:12-13 Therefore also now, saith the LORD, turn ye even to me with all your heart, and with fasting, and with weeping, and with mourning: And rend your heart, and not your garments, and turn unto the LORD your God: for he is gracious and merciful, slow to anger, and of great kindness, and repenteth him of the evil.
Lamentations 3:33 For he doth not afflict willingly nor grieve the children of men.
James 4:6 But he giveth more grace. Wherefore he saith, God resisteth the proud, but giveth grace unto the humble.
Psalm 102:17 He will regard the prayer of the destitute, and not despise their prayer.
Psalm 34:18 The LORD is nigh unto them that are of a broken heart; and saveth such as be of a contrite spirit.
Psalm 51:17 The sacrifices of God are a broken spirit: a broken and a contrite heart, O God, thou wilt not despise.
Proverbs 15:13 A merry heart maketh a cheerful countenance: but by sorrow of the heart the spirit is broken.
Psalm 62:8 Trust in him at all times; ye people, pour out your heart before him: God is a refuge for us. Selah.
Isaiah 57:15 For thus saith the high and lofty One that inhabiteth eternity, whose name is Holy; I dwell in the high and holy place, with him also that is of a contrite and humble spirit, to revive the spirit of the humble, and to revive the heart of the contrite ones.
Jeremiah 2:19 Thine own wickedness shall correct thee, and thy backslidings shall reprove thee: know therefore and see that it is an evil thing and bitter, that thou hast forsaken the Lord thy God, and that my fear is not in thee, saith the Lord GOD of hosts.
Jeremiah 29:11-13 For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find me, when ye shall search for me with all your heart.
James 4:8 Draw nigh to God, and he will draw nigh to you. Cleanse your hands, ye sinners; and purify your hearts, ye double minded.
Deuteronomy 6:4-5 Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might.
Psalm 103:8 The LORD is merciful and gracious, slow to anger, and plenteous in mercy.
Psalms 10:12 Arise, O LORD; O God, lift up thine hand: forget not the humble.
Psalms 69:32 The humble shall see this, and be glad: and your heart shall live that seek God.
Luke 18:14 I tell you, this man went down to his house justified rather than the other: for every one that exalteth himself shall be abased; and he that humbleth himself shall be exalted.
Isaiah 55:6-9 Seek ye the LORD while he may be found, call ye upon him while he is near: Let the wicked forsake his way, and the unrighteous man his thoughts: and let him return unto the LORD, and he will have mercy upon him; and to our God, for he will abundantly pardon. For my thoughts are not your thoughts, neither are your ways my ways, saith the LORD. For as the heavens are higher than the earth, so are my ways higher than your ways, and my thoughts than your thoughts.
Isaiah 59:1-2 Behold, the LORD's hand is not shortened, that it cannot save; neither his ear heavy, that it cannot hear: But your iniquities have separated between you and your God, and your sins have hid his face from you, that he will not hear.
2 Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
Matthew 11:28-30 Come unto me, all ye that labour and are heavy laden, and I will give you rest. Take my yoke upon you, and learn of me; for I am meek and lowly in heart: and ye shall find rest unto your souls. For my yoke is easy, and my burden is light.
James 4:10 Humble yourselves in the sight of the Lord, and he shall lift you up.
1 Peter 5:6-7 Humble yourselves therefore under the mighty hand of God, that he may exalt you in due time: Casting all your care upon him; for he careth for you.
Psalm 55:22 Cast thy burden upon the LORD, and he shall sustain thee: he shall never suffer the righteous to be moved.
Psalm 107:9 For he satisfieth the longing soul, and filleth the hungry soul with goodness.
Proverbs 8:33 Hear instruction, and be wise, and refuse it not.
Psalm 49:16-17 Be not thou afraid when one is made rich, when the glory of his house is increased; For when he dieth he shall carry nothing away: his glory shall not descend after him.
Proverbs 13:7 There is that maketh himself rich, yet hath nothing: there is that maketh himself poor, yet hath great riches.
Blessings that are from our living God come without payment plans and interest (usury).
Proverbs 10:22 The blessing of the LORD, it maketh rich, and he addeth no sorrow with it.
Romans 13:8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.
Psalm 37:21 The wicked borroweth, and payeth not again: but the righteous sheweth mercy, and giveth.
Psalm 9:17 The wicked shall be turned into hell, and all the nations that forget God.
Psalm 89:30-33 If his children forsake my law, and walk not in my judgments; If they break my statutes, and keep not my commandments; Then will I visit their transgression with the rod, and their iniquity with stripes. Nevertheless my lovingkindness will I not utterly take from him, nor suffer my faithfulness to fail.
Psalm 108:4 For thy mercy is great above the heavens: and thy truth reacheth unto the clouds.
Psalm 79:9 Help us, O God of our salvation, for the glory of thy name: and deliver us, and purge away our sins, for thy name's sake.
Psalm 84:11-12 For the LORD God is a sun and shield: the LORD will give grace and glory: no good thing will he withhold from them that walk uprightly. O LORD of hosts, blessed is the man that trusteth in thee.
Psalm 40:4-5 Blessed is that man that maketh the LORD his trust, and respecteth not the proud, nor such as turn aside to lies. Many, O LORD my God, are thy wonderful works which thou hast done, and thy thoughts which are to us-ward: they cannot be reckoned up in order unto thee: if I would declare and speak of them, they are more than can be numbered.
Proverbs 3:5-7 Trust in the LORD with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge him, and he shall direct thy paths. Be not wise in thine own eyes: fear the LORD, and depart from evil.
Nahum 1:7 The LORD is good, a strong hold in the day of trouble; and he knoweth them that trust in him.
Psalm 147:3-6 He healeth the broken in heart, and bindeth up their wounds. He telleth the number of the stars; he calleth them all by their names. Great is our Lord, and of great power: his understanding is infinite. The LORD lifteth up the meek: he casteth the wicked down to the ground.
Job 1:20-22 Then Job arose, and rent his mantle, and shaved his head, and fell down upon the ground, and worshipped, And said, Naked came I out of my mother's womb, and naked shall I return thither: the LORD gave, and the LORD hath taken away; blessed be the name of the LORD. In all this Job sinned not, nor charged God foolishly.
Psalm 127:1-2 Except the LORD build the house, they labour in vain that build it: except the LORD keep the city, the watchman waketh but in vain. It is vain for you to rise up early, to sit up late, to eat the bread of sorrows: for so he giveth his beloved sleep.
Galatians 6:7 Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.
Psalm 94:8-11 Understand, ye brutish among the people: and ye fools, when will ye be wise? He that planted the ear, shall he not hear? he that formed the eye, shall he not see? He that chastiseth the heathen, shall not he correct? he that teacheth man knowledge, shall not he know? The LORD knoweth the thoughts of man, that they are vanity.
Psalm 49:1-3 Hear this, all ye people; give ear, all ye inhabitants of the world: Both low and high, rich and poor, together. My mouth shall speak of wisdom; and the meditation of my heart shall be of understanding.
Zephaniah 2:3 Seek ye the LORD, all ye meek of the earth, which have wrought his judgment; seek righteousness, seek meekness: it may be ye shall be hid in the day of the LORD'S anger.
Deuteronomy 28:43-44 The stranger that is within thee shall get up above thee very high; and thou shalt come down very low. He shall lend to thee, and thou shalt not lend to him: he shall be the head, and thou shalt be the tail.
Proverbs 16:19 Better it is to be of an humble spirit with the lowly, than to divide the spoil with the proud.
Isaiah 5:15-16 And the mean man shall be brought down, and the mighty man shall be humbled, and the eyes of the lofty shall be humbled: But the LORD of hosts shall be exalted in judgment, and God that is holy shall be sanctified in righteousness.
Matthew 23:12 And whosoever shall exalt himself shall be abased; and he that shall humble himself shall be exalted.
Psalms 34:18 The LORD is nigh unto them that are of a broken heart; and saveth such as be of a contrite spirit.
Psalms 51:17 The sacrifices of God are a broken spirit: a broken and a contrite heart, O God, thou wilt not despise.
Isaiah 66:2 For all those things hath mine hand made, and all those things have been, saith the LORD: but to this man will I look, even to him that is poor and of a contrite spirit, and trembleth at my word.
Here is the Petition Opposing a Government Bailout of Borrowers and Lenders
The housing crash brings recession to America: 2008 will reveal the financial deceitfulness of America and England. When I began to warn America of the widespread avarice and the next Great Depression, I was met with mockery and scorn. The delusion of prosperity from matchstick construction duped millions of people into believing they became wealthier thru fabricated home equity. House prices that once went thru the roof are now crashing thru the floor. Where has the backbiter gone with their mockery? The silence is deafening.....
Depression in U.S. is Looming: What are People Going to Do? Tim King - July 3, 2008
U.S. Is in No Shape to Give Advice, Medvedev Says - Clifford Levy - New York Times / July 3, 2008
Housing Bust, Credit Crisis: Haven’t We Learned a Thing? - Robert Morley / June 26, 2008
Home Not-So-Sweet Home - Paul Krugman - New York Times / June 23, 2008
Euphoria Filled the Mortgage Bubble; It Was Destined To Burst / June 22, 2008
It is time to Go After Real Estate Fraud Hard - News Press / June 21, 2008
Operation Malicious Mortgage: 400 Arrested in Crackdown on Mortgage Fraud / June 19, 2008
Anatomy of a Meltdown: The Credit Crises - Washington Post / June 17, 2008
It's Time For Lenders To Be Held Accountable For Tactics - Debra Saunders / June 16, 2008
Bubble History: A $500,000 loan for a McDonald's Worker - Los Angeles Times / June 16, 2008
It's Only Going to Get Worse - Lawrence Lindsey - Weekly Standard / June 9, 2008
CEO Declares 'Depression' in Housing - CNN Money / June 4, 2008
Housing Bust Takes Toll on Contractors, Economy / June 4, 2008
The Trouble in Housing Trickles Up - Nelson Schwartz / New York Times / June 1, 2008
The Fading of the Mirage Economy - Steven Pearlstein - Washington Post / May 28, 2008
US Home Prices Fall at Record Pace - Chris Bryant - Financial Times / May 27, 2008
Home Sales and Prices Continue To Go Downhill / May 24, 2008
House Prices Force Americans to Sleep in Cars - Catherine Elsworth / May 22, 2008
The Man Who Told You So - Jamie Hopkins - Sun Reporter / May 18, 2008
Steep Drop in Home Prices May Help Economy - Maura Reynolds / May 18, 2008
Bankers, Neighborhoods, unfortunate Homeowners all Pay - Jeffrey Pietters / May 16, 2008
Special Report: America's Housing Crisis - Forbes / May 16, 2008
Ron Paul: Big Government Responsible for Housing Bubble / May 12, 2008
Appraisal Changes Face Resistance - Kenneth Harney - Washington Post / May 10, 2008
Mortgage Holders Find It Hard to Walk Away From Their Homes - Vikas Bajaj / May 10, 2008
Housing Crash Claims a Whole City as Vallejo, CA Declares Bankruptcy / May 7, 2008
It’s Going to Get Worse - Daniel McGinn - Newsweek / May 6, 2008
Housing Weakness isn't Over Yet, Buffett Says - Alistair Barr - MarketWatch / May 4, 2008
Stop the Housing Bailout Before it undoes all of us - J.D. Foster - Houston Chronicle / May 3, 2008
Is Bernanke Worse Than Greenspan? - Kirk Shinkle - U.S. News & World Report / April 30, 2008
Stocks Decline as Consumer Confidence Falls to 26-year Low - Tim Paradis / April 25, 2008
New Home Stockpile - Maurna Desmond - Forbes / April 24, 2008
Experts See Depression Parallels in U.S. Crisis - Pedro Nicolaci da Costa / April 18, 2008
Economy: The Bad News is There is No Good News - Associated Press / April 17, 2008
Poll: Many Avoid Buying Homes - Alan Fram - Associated Press / April 15, 2008
US Consumer Confidence Lowest Since Oct 1993 - ABC / WashPost / April 15, 2008
U.S. Foreclosures Jump 57% as Homeowners Walk Away - Dan Levy - Bloomberg News / April 15, 2008
Housing Woes in U.S. Spread Around Globe - Mark Landler - New York Times / April 14, 2008
Habit-Forming: Borrowers Keep Piling On Debt - Jane Kim - Wall Street Journal / April 10, 2008
Consumer Confidence Falls to New Low - Jeannine Aversa - Associated Press / April 10, 2008
Homeowners Who Just Walk Away - Judy Hasson - MSN Money / April 9, 2008
Greenspan: You Can't Pass this Buck, Alan - James Saft / April 11, 2008
Our Housing-Bubble Hangover - Bill Fleckenstein - MSN Money / April 7, 2008
81% in U.S. Poll Say Nation is on the Wrong Track - David Leonhardt and Marjorie Connelly / April 4, 2008
Huge Job Losses Set Off Recession Alarms - Jeannine Aversa - Associated Press / April 4, 2008
USA 2008: The Great Depression - David Usborne - The Independent / April 1, 2008
Home Equity Loans Become Next Casualty in Credit Crisis - ABC News / March 28, 2008
Broken Home Market For U.S. Homebuilders - Associated Press / March 28, 2008
Reports: US Home Prices, Consumer Confidence, Fall Sharply - VOA News / March 25, 2008
The Housing Crash Recession: How Did We Get Here? - Dean Baker - March 21, 2008
Housing Crisis Threatens the American Dream - Elijah Cummings / March 21, 2008
Wall Street Faces Data Next Week on Housing Market and Personal Spending / March 21, 2008
Mortgage Crisis Fallout: Tent Cities Spring Up in LA / March 18, 2008
Poll: 3 in 4 think USA is in a Recession - Richard Wolf - USA Today / March 17, 2008
Debt Serfdom Comes to America - Ellen Brown - OpEdNews / March 15, 2008
Debt Reckoning: U.S. Receives a Margin Call - Liz Rappaport & Justin Lahart / March 15, 2008
Housing Bubble Called For More Journalistic Tenacity - Nancy Barnes - StarTribune / March 15, 2008
The Worst Conditions for the U.S. Economy Since the Great Depression / March 14, 2008
Fed Takes Boldest action Since the Depression to Rescue US Mortgage Industry - March 14, 2008
US Central Bank Chief Pledges to Help Struggling Homeowners - Kent Klein / March 14, 2008
Federal Reserve: Printing Money to Save Banks - Robert Morley - The Tumpet / March 13, 2008
US Economy: Recession is Here - Poll - CNN Money / March 13, 2008
F.B.I. Opens Criminal Inquiry Into Countrywide - Raymond Hernandez - New York Times / March 9, 2008
In Housing Crisis, Taxpayers Must Pick up after the Greedy - Dan Thomasson / March 7, 2008
Mozilo: 'No One Predicted' Current Housing Bust - Los Angeles Times / March 7, 2008
U.S. Mortgage Foreclosures Rise as Owners `Give Up' - Kathleen Howley - Bloomberg News / March 6, 2008
Americans’ Home Equity Lowest Since 1945 - Alan Heavens / March 6, 2008
Foreclosures at Record as Household Wealth Falls - Joanne Morrison - Reuters News / March 6, 2008
Housing Market Spirals, No End in Sight - J.W. Elphinstone - Associated Press / March 6, 2008
Message to Bankers: Bail out Thyselves - Loren Steffy - Houston Chronicle / March 4, 2008
Buffett Says US Economy Essentially in a Recession - Josh Funk - Associated Press / March 4, 2008
Buffett says: "We're in a recession": CNBC - Dan Wilchins - Reuters News / March 3, 2008
New Recession Worry: Bank Failures - Chris Isidore - CNN Money / March 3, 2008
Borrowers Are Out In The Cold - Daniel Gross - Newsweek / March 3, 2008
The Federal Reserve's Rescue Has Failed - Ambrose Evans-Pritchard - March 3, 2008
Homeowners Losing Home Equity Lines - Dina Elboghdady - Washington Post / March 2, 2008
Fed Officials: Housing Crisis Critical - David Goldman - CNN Money / March 1, 2008
Consumer Spending Stalls as Confidence Plunges Due to Rising Inflation and Falling Home Prices / Feb 29, 2008
Bank Failure Imminent: Banks in Crisis Cut Lines of Credit - Patrice Hill - The Washington Times / February 29, 2008
More Americans Using Credit Cards to Stay Afloat - Kathy Chu - USA Today / February 29, 2008
The Housing Nightmare Hits Main Street - Luke Mullins - U.S. News & World Report / February 28, 2008
U.S. Consumer Confidence Declines to Five-Year Low - Courtney Schlisserman / February 27, 2008
After Housing Bust, Hard Times in Arizona - Faye Bowers / February 25, 2008
The Double Standard in Crisis Resolution - Eduardo Porter - New York Times / February 23, 2008
Housing Crash Fuels Rise in Card Debt - Jason Hidalgo - Reno Gazette-Journal / February 22, 2008
How Falling Home Prices Imperil the U.S. Economy - Mark Trumbull / February 22, 2008
Starbucks Cuts 600 Jobs Amid Stagnant U.S. Growth - Lisa Baertlein - Reuters News / February 21, 2008
Regulators Eye Wall Street Role in Housing Bust - Associated Press / Feburary 18, 2008
Banks "Quietly" Borrow $50 Billion from Fed - Reuters News / February 18, 2008
Some Homeless Squat in Foreclosed Houses - Thomas Sheeran - Associated Press / February 17, 2008
The housing bubble bursting has started a undeniable recession. If you don't need it, don't buy it. On September 11, 2005 I issued a press release to warn Americans. Stop making your decisions based on what the media tells you and start studying your Bible and trusting in God. Spend less time watching television and use that time for prayer and reading your Holy Bible. People are growing anxious about the uncertainty of the times that we live in and their future. Only God knows your future. Trust in the LORD through Jesus Christ our Messiah and you will not ever fear what man can do to you or where your next meal will come from. God is the Highest authority on everything. A personal relationship with Jesus Christ will bring you salvation, love, joy, peace, longsuffering, gentleness, goodness, faith, meekness, temperance and so much more. The recession will soon become a national depression that America has not seen in decades. Prepare yourselves, for the time of leanness has come upon America and England who have chosen to forsake our living God of Israel and His Law. Stop spending money on things you do not need. The illusion of wealth is gone. The U.S. federal government is insolvent. The people of England and America are stone broke. Stop using credit. Make the choice not to be a slave to debt my friends. Christ will show you a more excellent way to live and be satifisfied. Repent! The Kingdom of God is at hand! Believe on the Lord Jesus Christ and thou shalt be saved. Materialism is idolatry and you cannot serve God and your possessions. Mortgages, car payments, and credit card debt is only a path to perdition. Open your heart, your soul and your mind to the love that Jesus Christ has waiting for you. Only He can fill your emptyness and heal your pain. What you are missing in life you cannot ever buy my beloved. Ask Jesus for forgiveness and to come into your heart today before its too late. The worst is yet to come.
1 Timothy 6:7-10 For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
Proverbs 11:24 There is that scattereth, and yet increaseth; and there is that withholdeth more than is meet, but it tendeth to poverty.
Romans 3:11 There is none that understandeth, there is none that seeketh after God.
Job 22:21 Acquaint now thyself with God, and be at peace: thereby good shall come unto thee.
Now set your heart and your soul to seek the LORD your God.
Proverbs 22:7 The rich ruleth over the poor, and the borrower is servant to the lender.
Proverbs 22:2 The rich and poor meet together: the LORD is the maker of them all.
Matthew 16:26 For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in exchange for his soul?
Matthew 12:37 For by thy words thou shalt be justified, and by thy words thou shalt be condemned.
1 Timothy 2:5 For there is one God, and one mediator between God and men, the man Christ Jesus;
1 John 1:7 Beloved, let us love one another: for love is of God; and every one that loveth is born of God, and knoweth God.
1 John 1:10 Herein is love, not that we loved God, but that he loved us, and sent his Son to be the propitiation for our sins.
Romans 5:8 But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us.
Jesus Christ died for my sins, your sins and the sins of everyone in the world because He loves us.
Romans 10:13 For whosoever shall call upon the name of the Lord shall be saved.
2 Peter 3:9 The Lord is not slack concerning his promise, as some men count slackness; but is longsuffering to us-ward, not willing that any should perish, but that all should come to repentance.
"The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get-rich-quick theory of life". - Theodore Roosevelt
The reality of overvalued American property has hit home as artificial wealth continues to slip away. Bursting of the U.S. housing bubble in 2006 brings media blitz of housing propaganda nationwide. Real estate retribution: The United States housing bubble continues to be the economic lead balloon in 2007. Reports are pouring in on Americans losing their job due to the obvious housing crash that became inevitable. America's residential real estate bubble burst in 2006: What happened to the soft landing predicted by the heathen economists? There is a lot of discussion about the downward spiral of house prices being only temporary. Yes, 15-20 years is only temporary. The housing bubble bursting will consequently wreck the U.S. economy and the oppressive effects have become manifest worldwide. Home sales in America will be much worse in 2008 and 2009 as many Americans now feel the effects from the collapse in the U.S. housing market. Irrational home prices will continue to free-fall. Fabricated home equity has been the housing bubble bait that lured and trapped millions of Americans to insolvency during the infamous housing frenzy that occurred between 2001&2006. People such as the former federal reserve chairmain Allen Greenspan and other so called *experts* who continue to say the worst is over for the real estate bust are wrong. Greenspan knew the debt trap that was being laid out for people as did the federal government. When the housing market began to tank in many areas in October of 2005, that just happened to be the same month that the bankruptcy laws in this country changed and went into effect. Have we lost our minds? Are we to believe that the timing for all of this is just pure coincidence?
Matthew 11:15 He that hath ears to hear, let him hear.
1 Corinthians 1:19 For it is written, I will destroy the wisdom of the wise, and will bring to nothing the understanding of the prudent.
2 Corinthians 5:1 For we know that if our earthly house of this tabernacle were dissolved, we have a building of God, an house not made with hands, eternal in the heavens.
Luke 6:48-49 He is like a man which built an house, and digged deep, and laid the foundation on a rock: and when the flood arose, the stream beat vehemently upon that house, and could not shake it: for it was founded upon a rock. But he that heareth, and doeth not, is like a man that without a foundation built an house upon the earth; against which the stream did beat vehemently, and immediately it fell; and the ruin of that house was great.
Luke 14:28-30 For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it? Lest haply, after he hath laid the foundation, and is not able to finish it, all that behold it begin to mock him, Saying, This man began to build, and was not able to finish.
Jeremiah 17:9-11 The heart is deceitful above all things, and desperately wicked: who can know it? I the LORD search the heart, I try the reins, even to give every man according to his ways, and according to the fruit of his doings. As the partridge sitteth on eggs, and hatcheth them not; so he that getteth riches, and not by right, shall leave them in the midst of his days, and at his end shall be a fool.
1 John 3:20 For if our heart condemn us, God is greater than our heart, and knoweth all things
Mark 4:22 For there is nothing hid, which shall not be manifested; neither was any thing kept secret, but that it should come abroad.
Luke 8:17 For nothing is secret, that shall not be made manifest; neither any thing hid, that shall not be known and come abroad.
Hebrews 8:12 For I will be merciful to their unrighteousness, and their sins and their iniquities will I remember no more.
Matthew 21:22 And all things, whatsoever ye shall ask in prayer, believing, ye shall receive.
James 4:3 Ye ask, and receive not, because ye ask amiss, that ye may consume it upon your lusts.
Jeremiah 16:16-17&21 Behold, I will send for many fishers, saith the LORD, and they shall fish them; and after will I send for many hunters, and they shall hunt them from every mountain, and from every hill, and out of the holes of the rocks. For mine eyes are upon all their ways: they are not hid from my face, neither is their iniquity hid from mine eyes. Therefore, behold, I will this once cause them to know, I will cause them to know mine hand and my might; and they shall know that my name is The LORD.
Psalm 34:15 The eyes of the LORD are upon the righteous, and his ears are open unto their cry.
Proverbs 3:25-26 Be not afraid of sudden fear, neither of the desolation of the wicked, when it cometh. For the LORD shall be thy confidence, and shall keep thy foot from being taken.
Isaiah 24:17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
Hosea 4:7 As they were increased, so they sinned against me: therefore will I change their glory into shame.
Matthew 15:14 Let them alone: they be blind leaders of the blind. And if the blind lead the blind, both shall fall into the ditch.
Proverbs 19:9 A false witness shall not be unpunished, and he that speaketh lies shall perish.
Isaiah 1:4-5 Ah sinful nation, a people laden with iniquity, a seed of evildoers, children that are corrupters: they have forsaken the LORD, they have provoked the Holy One of Israel unto anger, they are gone away backward. Why should ye be stricken any more? ye will revolt more and more: the whole head is sick, and the whole heart faint.
For this is the love of God, that we keep his commandments: and his commandments are not grievous. Thus saith God, Why transgress ye the commandments of the LORD, that ye cannot prosper? because ye have forsaken the LORD, he hath also forsaken you.
Isaiah 1:28 And the destruction of the transgressors and of the sinners shall be together, and they that forsake the LORD shall be consumed.
Psalm 98:2 The LORD hath made known his salvation: his righteousness hath he openly shewed in the sight of the heathen.
Isaiah 2:11-12 The lofty looks of man shall be humbled, and the haughtiness of men shall be bowed down, and the LORD alone shall be exalted in that day. For the day of the LORD of hosts shall be upon every one that is proud and lofty, and upon every one that is lifted up; and he shall be brought low:
Jeremiah 5:25-27 Your iniquities have turned away these things, and your sins have withholden good things from you. For among my people are found wicked men: they lay wait, as he that setteth snares; they set a trap, they catch men. As a cage is full of birds, so are their houses full of deceit: therefore they are become great, and waxen rich.
Isaiah 24:1-6 Behold, the LORD maketh the earth empty, and maketh it waste, and turneth it upside down, and scattereth abroad the inhabitants thereof. And it shall be, as with the people, so with the priest; as with the servant, so with his master; as with the maid, so with her mistress; as with the buyer, so with the seller; as with the lender, so with the borrower; as with the taker of usury, so with the giver of usury to him. The land shall be utterly emptied, and utterly spoiled: for the LORD hath spoken this word. The earth mourneth and fadeth away, the world languisheth and fadeth away, the haughty people of the earth do languish. The earth also is defiled under the inhabitants thereof; because they have transgressed the laws, changed the ordinance, broken the everlasting covenant. Therefore hath the curse devoured the earth, and they that dwell therein are desolate: therefore the inhabitants of the earth are burned, and few men left.
Psalm 119:71 It is good for me that I have been afflicted; that I might learn thy statutes.
Ecclesiastes 7:8 Better is the end of a thing than the beginning thereof: and the patient in spirit is better than the proud in spirit.
Proverbs 13:13 Whoso despiseth the word shall be destroyed: but he that feareth the commandment shall be rewarded.
2 Timothy 3:13 But evil men and seducers shall wax worse and worse, deceiving, and being deceived.
Job 12:16 With him is strength and wisdom: the deceived and the deceiver are his.
Amos 3:15 And I will smite the winter house with the summer house; and the houses of ivory shall perish, and the great houses shall have an end, saith the Lord.
1 Timothy 6:17-19 Charge them that are rich in this world, that they be not highminded, nor trust in uncertain riches, but in the living God, who giveth us richly all things to enjoy; That they do good, that they be rich in good works, ready to distribute, willing to communicate; Laying up in store for themselves a good foundation against the time to come, that they may lay hold on eternal life.
Proverbs 28:22 He that hasteth to be rich hath an evil eye, and considereth not that poverty shall come upon him.
Psalm 62:10 Trust not in oppression, and become not vain in robbery: if riches increase, set not your heart upon them.
Ephesians 4:18-19 Having the understanding darkened, being alienated from the life of God through the ignorance that is in them, because of the blindness of their heart: Who being past feeling have given themselves over unto lasciviousness, to work all uncleanness with greediness.
Romans 1:28-32 And even as they did not like to retain God in their knowledge, God gave them over to a reprobate mind, to do those things which are not convenient; Being filled with all unrighteousness, fornication, wickedness, covetousness, maliciousness; full of envy, murder, debate, deceit, malignity; whisperers, Backbiters, haters of God, despiteful, proud, boasters, inventors of evil things, disobedient to parents, Without understanding, covenantbreakers, without natural affection, implacable, unmerciful: Who knowing the judgment of God, that they which commit such things are worthy of death, not only do the same, but have pleasure in them that do them.
Proverbs 23:4-5 Labour not to be rich: cease from thine own wisdom. Wilt thou set thine eyes upon that which is not? for riches certainly make themselves wings; they fly away as an eagle toward heaven.
Proverbs 26:12 Seest thou a man wise in his own conceit? There is more hope of a fool than of him.
Proverbs 28:13 He that covereth his sins shall not prosper: but whoso confesseth and forsaketh them shall have mercy.
Proverbs 15:16 Better is little with the fear of the LORD than great treasure and trouble therewith.
Mark 12:10 And have ye not read this scripture; The stone which the builders rejected is become the head of the corner:
Proverbs 15:24,25&27 The way of life is above to the wise, that he may depart from hell beneath. The LORD will destroy the house of the proud: but he will establish the border of the widow. He that is greedy of gain troubleth his own house; but he that hateth gifts shall live.
Proverbs 12:7&15 The wicked are overthrown, and are not: but the house of the righteous shall stand. The way of a fool is right in his own eyes: but he that hearkeneth unto counsel is wise.
Proverbs 8:10-11 Receive my instruction, and not silver; and knowledge rather than choice gold. For wisdom is better than rubies; and all the things that may be desired are not to be compared to it.
1 Timothy 1:8-11 But we know that the law is good, if a man use it lawfully; Knowing this, that the law is not made for a righteous man, but for the lawless and disobedient, for the ungodly and for sinners, for unholy and profane, for murderers of fathers and murderers of mothers, for manslayers, For whoremongers, for them that defile themselves with mankind, for menstealers, for liars, for perjured persons, and if there be any other thing that is contrary to sound doctrine; According to the glorious gospel of the blessed God, which was committed to my trust.
Proverbs 24:28 Be not a witness against thy neighbour without cause; and deceive not with thy lips.
Psalm 84:4-5 Blessed are they that dwell in thy house: they will be still praising thee. Selah. Blessed is the man whose strength is in thee; in whose heart are the ways of them.
Ecclesiastes 8:6 Because to every purpose there is time and judgment, therefore the misery of man is great upon him.
Proverbs 28:20 A faithful man shall abound with blessings: but he that maketh haste to be rich shall not be innocent.
Proverbs 28:10 Whoso causeth the righteous to go astray in an evil way, he shall fall himself into his own pit: but the upright shall have good things in possession.
Proverbs 28:18 Whoso walketh uprightly shall be saved: but he that is perverse in his ways shall fall at once.
Proverbs 28:4 They that forsake the law praise the wicked: but such as keep the law contend with them.
Luke 16:10 He that is faithful in that which is least is faithful also in much: and he that is unjust in the least is unjust also in much.
Ephesians 5:11 And have no fellowship with the unfruitful works of darkness, but rather reprove them.
Proverbs 4:19 The way of the wicked is as darkness: they know not at what they stumble.
Colossians 3:2 Set your affection on things above, not on things on the earth.
Proverbs 9:17 Stolen waters are sweet, and bread eaten in secret is pleasant.
Proverbs 20:17 Bread of deceit is sweet to a man; but afterwards his mouth shall be filled with gravel.
1 Thessalonians 4:6 That no man go beyond and defraud his brother in any matter: because that the Lord is the avenger of all such, as we also have forewarned you and testified.
1 Corinthians 15:34 Awake to righteousness, and sin not; for some have not the knowledge of God: I speak this to your shame.
Colossians 3:1 If ye then be risen with Christ, seek those things which are above, where Christ sitteth on the right hand of God.
1 Corinthians 14:38 But if any man be ignorant, let him be ignorant.
Proverbs 23:17 Let not thine heart envy sinners: but be thou in the fear of the LORD all the day long.
Romans 6:23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord
Proverbs 28:5 Evil men understand not judgment: but they that seek the Lord understand all things.
Philippians 4:11&19 Not that I speak in respect of want: for I have learned, in whatsoever state I am, therewith to be content. But my God shall supply all your need according to his riches in glory by Christ Jesus.
Psalm 10:4 The wicked, through the pride of his countenance, will not seek after God: God is not in all his thoughts.
Proverbs 28:26 He that trusteth in his own heart is a fool: but whoso walketh wisely, he shall be delivered.
James 1:5 If any of you lack wisdom, let him ask of God, that giveth to all men liberally, and upbraideth not; and it shall be given him.
Philippians 4:5 Let your moderation be known unto all men. The Lord is at hand.
Psalm 73:7-8&12 Their eyes stand out with fatness: they have more than heart could wish. They are corrupt, and speak wickedly concerning oppression: they speak loftily. Behold, these are the ungodly, who prosper in the world; they increase in riches.
In the beginning of 2005, the prophecy of the residential real estate bubble bursting was revealed to this godless, materialistic, backslidden and unrepentant nation. John 8:50 And I seek not mine own glory: there is one that seeketh and judgeth.
Isaiah 33:1 Woe to thee that spoilest, and thou wast not spoiled; and dealest treacherously, and they dealt not treacherously with thee! when thou shalt cease to spoil, thou shalt be spoiled; and when thou shalt make an end to deal treacherously, they shall deal treacherously with thee.
U.S. Real Estate Bubble Burst in 2006 - U.S. Economy: New Home Sales Fall, Residential Inventory at Record Level. Polls show that consumer confidence has dropped significantly. The housing crash has the economy collapsing. The real estate propaganda is pouring out from the media and even the white house as "they" downplay the housing bubble that has burst. Most people do not really own anything in America. Almost everyone I know is just making payments on things that the banks really own such as a home and a car. Americans spend more than they earn and many people who purchased a home between 2001&2006 are in for a really rude awakening. The "artificial equity" game is over people. Housing Bubble Meets Pin. Total collapse of the American economy is looming as home equity debt, bankruptcy, foreclosure and personal insolvency skyrocket in a debt-ridden country. Americans have relied on the false sense of well being created by the federal government. The illusion of prosperity was devised after 9-11-2001 to spend our way out of recession.
New Residential Construction Statistics - U.S. Census Bureau / January 17, 2008
Housing Vacancies and Homeownership - U.S. Census Bureau / 2008
National Association of Realtors: Economic Indicators, Forecasts & Research
U.S. Sales Data for Existing Homes and New Construction / December 28, 2007
Office of Housing Enterprise Oversight Home Price Index / November 29, 2007
National Housing Bubble Poll for 2008
A few thousand years ago the bible states when the Israelites chose to forsake the Lord and his laws, the Lord then allowed for their enemies to conquer & enslave the rebellious nation until they repented. Americans have placed material lust such as their house and car before God. The word of God clearly says in Romans 13:8 Owe no man anything. There is nothing to misunderstand about that. If you do not have the cash to satisfy your material lust then don't buy it. Do not forsake the Lord and his laws or you will reap the consequences of your disobedience. For there is no respect of persons with God. Our living God of Israel will judge this faithless and perverse nation that has willfully forsaken our Lord and his commandments. The time is fulfilled, and the kingdom of God is at hand: repent ye, and believe the gospel. Watch therefore: for ye know not what hour your Lord doth come. Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap. For the Lord our God is God of gods, and Lord of lords.
Matthew 24:35 Heaven and earth shall pass away, but my words shall not pass away.
*All of the Lord's work is perfect: the word of God is pure & shall abide forever*
Proverbs 30:8-9 Remove far from me vanity and lies: give me neither poverty nor riches; feed me with food convenient for me: Lest I be full, and deny thee, and say, Who is the Lord? or lest I be poor, and steal, and take the name of my God in vain.
James 5:5 Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter.
"Usury" is defined as lending money with an interest charge - Proverbs 28:8 He that by usury and unjust gain increaseth his substance, he shall gather it for him that will pity the poor.
Housing Bubble Bust: Three obvious indicators revealing the inevitable recession or depression are the growing inventory of houses that continue to pile up throughout the nation, houses are on the market for much longer and are discounted in order for them to be sold. U.S. consumer debt has now increased to more than 2.16 billion dollars. This record debt is largely from Americans living beyond their ability to pay for things they do not need. It is a fact, that Americans spend more than they earn. The bible says in (Proverbs 28:21) To have respect of persons is not good: for for a piece of bread that man will transgress. Do not seek the wisdom of ungodly people for you will be deceived. (Psalm 1:1-2) Blessed is the man that walketh not in the counsel of the ungodly, nor standeth in the way of sinners, nor sitteth in the seat of the scornful. But his delight is in the law of the LORD; and in his law doth he meditate day and night. Put your faith in our living God who will set you free through our blessed Lord & Savior Jesus Christ. Trust and love the Lord with all you heart, soul, mind & strength. (Psalm 34:8) O taste and see that the Lord is good: blessed is the man that trusteth in him. (Psalm 37:40) And the Lord shall help them, and deliver them: he shall deliver them from the wicked, and save them, because they trust in him. (Psalm 118:8) It is better to trust in the Lord than to put confidence in man. (Jeremiah 17:5) Thus saith the Lord; Cursed be the man that trusteth in man, and maketh flesh his arm, and whose heart departeth from the Lord. (Jeremiah 17:7) Blessed is the man that trusteth in the Lord, and whose hope the Lord is. (1 Corinthians 1:3) Grace be unto you, and peace, from God our Father, and from the Lord Jesus Christ. Accept Christ as your Savior and make peace with God my friends before it is too late. (Luke 21:8) And he said, Take heed that ye be not deceived: for many shall come in my name, saying, I am Christ; and the time draweth near: go ye not therefore after them. (Romans 13:11) And that, knowing the time, that now it is high time to awake out of sleep: for now is our salvation nearer than when we believed. (Psalm 9:15) The heathen are sunk down in the pit that they made: in the net which they hid is their own foot taken. (1 Chronicles 16:24) Declare his glory among the heathen; his marvelous works among all nations. (John 15:22) If I had not come and spoken unto them, they had not had sin: but now they have no cloak for their sin. The kingdom of God is at hand: repent ye, and believe the gospel.
2 Timothy 3:1-5 This know also, that in the last days perilous times shall come. For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good, Traitors, heady, highminded, lovers of pleasures more than lovers of God; Having a form of godliness, but denying the power thereof: from such turn away.
The insolvent consumption junkies of America have chosen a path to perdition. You will never know God's providential will for yourself unless you accept Jesus Christ as your personal Savior. Start living a peaceful & purposeful life with God. (Genesis 6:3) And the Lord said, My spirit shall not always strive with man, for that he also is flesh:
2 Corinthians 4:3-4 But if our gospel be hid, it is hid to them that are lost: In whom the god of this world hath blinded the minds of them which believe not, lest the light of the glorious gospel of Christ, who is the image of God, should shine unto them.
Current information is posted on this page on the real estate armageddon in the United States of America. If you are interested in this battle of greed and evil enslaving the citizens in our nation to a hideous amount of debt, then you should be even more concerned about your timeless existence. You have already decided if you are going to Heaven or Hell my friend. September 11, 2001 is a clear sign of wickedness in high places within America and its insatiable greed.
March 9, 2006: The White House claims not to see the inescapable housing bubble bursting on the financial event horizon. American debt is fueling the United States economy. Americans and the federal government have maxed out their line of credit. Prepare yourselves for the depression that is coming. The only jobs that are created in great numbers are in the retail or service industry for $6-7 dollars an hour. How does "flipping burgers" compare to replacing a lost manufacturing job that was at Ford Motor Company or General Motors?
Most items sold in America are "Made in China": The Death of American Manufacturing
Proverbs 15:10 Correction is grievous unto him that forsaketh the way: and he that hateth reproof shall die.
Matthew 7:15 Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.
2 Peter 2:22 But it is happened unto them according to the true proverb, The dog is turned to his own vomit again; and the sow that was washed to her wallowing in the mire.
Proverbs 22:3 A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.
Proverbs 14:11,12&15 The house of the wicked shall be overthrown: but the tabernacle of the upright shall flourish. There is a way which seemeth right unto a man, but the end thereof are the ways of death. The simple believeth every word: but the prudent man looketh well to his going.
Two examples of real estate fraud are falsely stated income on home loans and falsely inflated property appraisals.
Proverbs 13:11 Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase.
Proverbs 10:7 The memory of the just is blessed: but the name of the wicked shall rot.
Proverbs 13:18 Poverty and shame shall be to him that refuseth instruction: but he that regardeth reproof shall be honoured.
1 Corinthians 11:31 For if we would judge ourselves, we should not be judged.
2 Thessalonians 2:11&12 And for this cause God shall send them strong delusion, that they should believe a lie: That they all might be damned who believed not the truth, but had pleasure in unrighteousness.
Philippians 2:21 For all seek their own, not the things which are Jesus Christ's.
Hebrews 3:4 For every house is builded by some man; but he that built all things is God.
2008: Nearly 7 out of 10 americans believe the housing bubble has burst! Cast Your Vote!
Bankruptcy Stampede: Debt-Ridden Americans Rushing to File Before Deadline of October 17, 2005
James 1:4 But let patience have her perfect work, that ye may be perfect and entire, wanting nothing.
John 8:32,45&47 And ye shall know the truth, and the truth shall make you free. And because I tell you the truth, ye believe me not. He that is of God heareth God's words: ye therefore hear them not, because ye are not of God.
Ecclesiastes 9:4-5 For to him that is joined to all the living there is hope: for a living dog is better than a dead lion. For the living know that they shall die: but the dead know not any thing, neither have they any more a reward; for the memory of them is forgotten.
Proverbs 11:28-29 He that trusteth in his riches shall fall; but the righteous shall flourish as a branch. He that troubleth his own house shall inherit the wind: and the fool shall be servant to the wise of heart.
Proverbs 19:4&22 Wealth maketh many friends; but the poor is separated from his neighbour. The desire of a man is his kindness: and a poor man is better than a liar.
Ecclesiastes 4:6 Better is an handful with quietness, than both the hands full with travail and vexation of spirit.
The Great Wealth Deception - Dr. Kurt Richebächer April 27, 2005
1 Corinthians 10:26 For the earth is the Lord's, and the fulness thereof.
Mark 10:25 It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.
Proverbs 27:20 Hell and destruction are never full; so the eyes of man are never satisfied.
1 Thessalonians 5:21 Prove all things; hold fast that which is good.
Ecclesiastes 10:5 There is an evil which I have seen under the sun, as an error which proceedeth from the ruler:
Federal Reserve Chairman Alan Greenspan - "it's hard not to see that there are a lot of local bubbles.'' - May 20, 2005
Greenspan Finally Raising Red Flags - More Articles by Danielle DiMartino / Sept 9, 2005
Illegal Appraisals Inflate Housing Bubble - Broderick Perkins / April 12, 2005
Losing Our Country - More Articles by Paul Krugman / June 10, 2005
Proverbs 21:5-6 The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want.The getting of treasures by a lying tongue is a vanity tossed to and fro of them that seek death.
Proverbs 3:33 The curse of the Lord is in the house of the wicked: but he blesseth the habitation of the just.
Psalm 37:16 A little that a righteous man hath is better than the riches of many wicked.
Proverbs 17:23 A wicked man taketh a gift out of the bosom to pervert the ways of judgment
"Evil Flourishes When Good Men Do Nothing" - Edmund Burke
Please Help End Real Estate Fraud: Make An Anonymous Tip to the Federal Bureau of Investigation.
A Petition For Real Estate Appraisers Who Want Justice Across America! - God Bless Your Effort!!!
Please Sign the Petition for a Congressional Hearing on the Substandard Workmanship on New Homes.
Construction Defect Assistance: Homeowners Against Deficient Dwellings
The Appraisal Fraud Stops Now! Welcome to the Center for Responsible Appraisals and Valuations (CRAV)
Help End Lending & Mortgage Fraud By Reporting the Abuse Here.
U.S. Consumers Continuing To Live Paycheck to Paycheck - Yahoo Financial News / June 13, 2005
On The Rise Nationwide : foreclosure, preforeclosure, bankruptcy and FSBO properties
The Real Estate Boom's Flip Side: Foreclosures - Douglas Belkin - Boston Globe / June 19, 2005
A Bane Amid The Housing Boom: Rising Foreclosures - Michael Powell - Washington Post / May 30, 2005
Lies, Deceits, and Misapprehensions - Bill Bonner / June 7, 2005
Till Debt Do Us Part - Dr. Irwin Kellner / May 31, 2005
Foreclosures Climb - John Rebchook - Rocky Mountain News / June 9, 2005
How China can Burst U.S. Housing Bubble - Robert B. Reich - SF Gate / August 14, 2005
Will China's Float Sink The Housing Bubble? - Bill Fleckenstein - MSN Money / July 25, 2005
Does The Future Belong To China? - Newsweek May 9, 2005
China Bans "Flipping" May 12, 2005
The Chinese Connection - Bob Davis / The New York Times - May 21, 2005
Analysts Missed Chinese (Military) Buildup - Bill Gertz - The Washington Times / June 9, 2005
Contesting an Appraisal Increase Will Be More Affordable: Senate Bill 1351 / May 17, 2005
Responsible Lending Act - H.R. 1295 / April 2005
Irrefutable Advice On Why You Should Sell Your House Today - Political Gateway: Friday, May 13, 2005
Home Builders Introduce Mandatory Profit Sharing For "Flipping" May 12, 2005
Is "flipping" legal? There is the "letter of the law" & "the spirit of the law". After you are indicted, I suppose it will be up to a jury and the competency of your attorney to determine your future.
Proverbs 28:6 Better is the poor that walketh in his uprightness, than he that is perverse in his ways, though he be rich
Eminent Domain Abuse has been legalized by the supreme court who has ruled that jackbooted thugs can seize all desirable property to sell to another private owner. Precedent case - Kelo v. City of New London
America's housing bubble burst: If you're considering purchasing a home today, you may want to consider in reading this article first. Consumption junkie behavior shows "irrational exuberance" - Read this great article by Stephen Gandel - May 19, 2005
Forbes - Is Your City Overpriced? / July 21, 2005
There is plenty of irrefutable evidence on the residential real estate bubble that has come to light. The facts, the indictments, the fines, the incarcerations, the record consumer debt, the shattered dreams, the bankruptcies and the foreclosures continue to climb. Millions of citizens of this once great nation have chosen to become slaves to debt stemming from "artificial equity" being spent on things that people just cannot afford. Real estate appraisal & mortgage fraud along with poor judgement influenced by media propaganda and driven by historic low interest rates are responsible for a destructive economic downward spiral by creating an insatiable housing "frenzy". This housing bubble could not exist if the rules in mortgage lending were kept in place. For decades, the house pricing standard for qualified home buyers was limited to 2.5 times your annual income. Today, I have read about folks who qualify for up to 12 times their annual income for an interest only "no doc" home loan. In some states this practice is unlawful and is referred to as predatory lending.
I was talking with a friend of mine a short time ago and the subject of American poverty increasing came up. He said that his Dad made $70,000 per year in 1970 which was considered to be middle class in San Diego, Calif. Given the rate of inflation over the last 35 years, middle class income for 2008 would be roughly $395,000 a year. Middle class America has become insolvent. "Interest never sleeps nor sickens nor dies. Once in debt, interest is your companion every minute of the day and night; you cannot shun it or slip away from it; you cannot dismiss it; and whenever you get in its way or cross its course or fail to meet its demands, it crushes you.” - J. Reuben Clark
In 1757, Benjamin Franklin wrote, “Better to go to bed supperless, than wake up in debt".
"If you can fog a mirror, you can get a home loan," said mortgage analyst Ralph DeFranco. April 9, 2005
No Down Payment, No Problem, Say Lenders - Jordan Robertson - Dallas Morning News / July 19, 2005
Federal Reserve Chairman - Alan Greenspan said in his semi-annual Monetary Report To Congress on July 20, 2005 - "This type of expansion in prices historically does not go on very long and indeed, while it's hard to forecast and I'm not sure that it's going to occur, there may be - there certainly will be in certain local areas - price declines,"
Office of Federal Housing Enterprise Oversight (Regulates Fannie Mae & Freddie Mac) has announced that the nations two largest lenders has to report mortgage fraud or possible mortgage fraud in timely fashion. This memo was released on July 25, 2005. Fannie Mae and Freddie Mac are the nation's largest housing finance institutions.
Tens of thousands of people who want to wipe out their debts in bankruptcy are not going to be able to. These folks will have to work out repayment plans under legislation Congress approved Thursday April 14, 2005. President Bush signed the Bankruptcy Abuse Prevention & Consumer Protection Act on April 20, 2005. The new bankruptcy law becomes effective October 17th, 2005.
The cause and effect of artificially inflated house prices and its impact on debt-ridden Americans in the United States.
Countdown: A Better Time to Purchase a Home Will be in 2012: Good Things Come to Those Who Wait.
Archived News Articles for the U.S. Residential Real Estate Bubble that has Burst & American Consumer Debt.
Leviticus 19:11 Ye shall not steal, neither deal falsely, neither lie one to another.
Housing-Market Bust Has Retailers in Retreat - Jennifer Davies - Union Tribune / February 17, 2008
FBI, SEC Join Complex Probe of Housing Crisis - Carrie Johnson - Washington Post / February 14, 2008
Americans Selling Homes See Prices Go Below Mortgage - Kathleen Howley / February 13, 2008
ABC: Housing Crisis Leading People to Burn Down Their Homes - Jeff Poor / February 11, 2008
America: Most People in Poll Believe Country is Now in the Grips of a Recession / February 10, 2008
Housing Crisis Slashes Results at Weyerhaeuser - Associated Press / February 9, 2008
Negative Equity: Lawsuit Claims KB Home, Countrywide Inflated Home Prices - MarketWatch / February 8, 2008
Mortgage Market Mess Spawning Lots of Lawsuits - Vikas Bajaj - New York Times / February 8, 2008
Manager Fears Housing will worsen By Default - Gail MarksJarvis - Chicago Tribune / February 8, 2008
Consumer Confidence Sinks Even Lower - Jeannine Aversa - Associated Press / February 8, 2008
The 10 lies Desperate Home Sellers Tell - Barbara Corcoran / February 7, 2008
Troubled Homeowners: Can't Pay? Just Walk Away - Les Christie - CNN Money / February 6, 2008
What if House Prices Fall by 30% Worldwide? Gary North - Lew Rockwell / Februaury 6, 2008
Severe Recession Would Mean 5.8 Million More Jobs Lost, Report Says - Ruth Mantell / February 5, 2008
Housing Crisis Casts a Cloud Over Sun Belt - Michael Fletcher - Washington Post / February 5, 2008
Housing Layoffs Tied to Economy - Michael Silence - knoxnews.com / February 5, 2008
Did Greenspan Push Risky Home Loans? - Bill Fleckenstein - MSN Money / February 4, 2008
From Bubble to Rubble: $10 Trillion Home Mortgage Debt Tanks Economy - Max Wolf / February 4, 2008
It's too Late to Overcome Housing Bubble Burst - Mark Weisbrot / February 3, 2008
Fears of American Contagion Spread Worldwide - Anthony Faiola - Washington Post / February 2, 2008
Construction Sheds 27,000 Jobs in January - Steve Zurier - Builder Online / February 1, 2008
House Price Drop: Housing Meltdown - Peter Coy - Business Week / January 31, 2008
U.S. Loses its Status as Economic World Power - Trudy Rubin - Newsday / January 31, 2008
It's the Housing Market Deflation - William Gross - New York Times / January 31, 2008
U.S. Home Prices Continue 11-Month Freefall - Steve Campbell - CEP News / January 30, 2008
Foreclosures Lead to Abandoned Animals - Evelyn Nieves - Associated Press / January 29, 2008
Economic Fix May Be Poison - Edmund Andrews - New York Times / January 26, 2008
Real Estate Appraiser Sentenced to 5 Years for Fraud - Eric Torbenson / January 24, 2008
Home Prices Fell in ’07 for First Time in Decades - Michael Grynbaum / January 24, 2008
Housing Prices to Free Fall in 2008: Merrill - David Goldman - CNN Money / January 23, 2008
The Coming Financial Collapse of America - Mike Adams - News Target / January 22, 2008
How we Cashed in Before the Housing Crash - Peter Hong - Los Angeles Times / January 20, 2008
Don’t Cry for Me, America - Paul Krugman - New York Times / January 18, 2008
The Big Stinking Steaming Heap of Debt - Reed Eurchuk - The Republic / January 17, 2008
10 Reasons Why a Recession Is Coming - Tobin Smith / January 17, 2008
WaMu Accused of Appraisal Fraud - Stephen Gandel - CNN Money / January 17, 2008
Somber Fed Says Economy Has Lost Punch - Jeannine Aversa / January 16, 2008
Americans Pay for Housing Boom's Excess - Madlen Read and Joe Bruno - January 16, 2008
US Consumer: Confidence Sinks to Record Low - Jeannine Aversa - Associated Press / January 11, 2008
Housing Crash, Lack of Consumer Confidence Cause Stores To Close / January 11, 2008
Stock Losses Accelerate on Recession Fears - David Bogoslaw - Businessweek / January 11, 2008
Home Builder Offers Massive Rebates That Could Top $100,000 - Aaron Kessler / January 10, 2008
Greenspan's Reputation at Risk as Recession Odds Grow - Rich Miller - Bloomberg News / January 10, 2008
Housing Outlook Takes a Grim Turn - Alex Veiga - Associated Press / January 8, 2008
Housing Worries Sink Stocks - NBC6.net / January 8, 2008
Housing Headed For Worst in 50 Years: Rosengren - Reuters News / January 8, 2008
Bad Appraisals Contribute to Housing Mess - Catherine Reagor - Arizona Republic / January 6, 2008
US Decade of Deception - Martin Hutchinson - The Asia Times / January 3, 2008
Study Suggests Lengthy Home Price Decline - Ros Krasny and Leslie Adler / January 4, 2008
New Year Brings Another False Dawn for Housing - Caroline Baum - Bloomberg News / January 3, 2008
Housing Deception: The Con That Turned the World Against America - The Trumpet / December 31, 2007
Sub-Prime Crisis: Why Did Greenspan Do Nothing? - Jonathan Weil / December 30, 2007
Sales of New Homes Worse Than Expected - Jeannine Aversa - Associated Press / December 29, 2007
Realty Reality: Housing Prices are Headed Way Down - Christopher Thornberg / December 28, 2007
Blame abounds for Housing Bust - Patrice Hill - Washington Times / December 26, 2007
Housing Slump Tarnishes a Fed Leader's Legacy - David Francis - Christian Science Monitor / Dec. 24, 2007
This Is the Sound of a Bubble Bursting - Peter Goodman - New York Times / December 23, 2007
Job Data Stir Fears of State Recession - Marc Lifsher - Los Angeles Times / December 22, 2007
House Lust: America's Obsession With Our Homes - Daniel McGinn / December 22, 2007
Bonuses on Wall Street Surge 14 Percent - Joe Bruno - Associated Press / December 21, 2007
Radio Feed & Text: Caller Proposes Recession Bet - Rush Limbaugh / December 20, 2007
US Financial Farce Poised to Cross Atlantic - David Hirst - The Age / December 18, 2007
Housing Slump Might usher in Recession - Associated Press / December 18, 2007
Homeowner Becomes Homeless: Man Forced to Sleep Rough Because of Debts / Dec 15, 2007
Morgan Stanley Utters R-Word as World's Outlook Worsens - Peter Weekes / December 15, 2007
After the Money’s Gone - Paul Krugman - New York Times / December 14, 2007
Greenspan: Recession Odds 'Clearly Rising' - NPR Radio Interview / December 14, 2007
How the Housing Bubble Turned Bust - Steven Hochberg and Peter Kendall / December 12, 2007
Central Banks Pumping Billions Into World Financial System - Floyd Norris & Carter Dougherty / Dec 12, 2007
U.S. Mortgage Delinquencies Rise to 20-Year High - Kathleen Howley - Bloomberg News / December 6, 2007
House Prices Seen Falling 30 Percent - Julie Haviv - Reuters News / December 6, 2007
Housing Execs Warn the Worst Is Coming - Alan Zibel - Associated Press / December 3, 2007
Housing Slump's Third Year to Be `Deepest' Since WWII - Dan Levy and Brian Louis / November 30, 2007
Falling Home Prices to Break Back of U.S. Economy - The Trumpet / November 30, 2007
Banks Gone Wild - Paul Krugman - New York Times / November 23, 2007
No Shelter From The Housing Storm - Bill Fleckenstein - MSN Money / November 19, 2007
U.S. Property Values May Suffer $223 Billion Hit in Foreclosures - Chicago Tribune / November 14, 2007
Homeownership: The Fast Path to Poverty - Dean Baker / November 12, 2007
Home Prices to Keep Sliding with No Bottom in Sight - Julie Haviv - Reuters News / November 12, 2007
US Housing Crash - History Repeating in Florida and Lessons from the Roaring 20's / November 10, 2007
Mortgage Crises: Stocks End Volatile Week With Huge Drop - Joe Bruno / November 10, 2007
Housing Meltdown Hits US Economy - Steve Schifferes - BBC News / November 9, 2007
Homeowners Feel the Pinch of Lost Equity - Peter Goodman - New York Times / November 8, 2007