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This is a reminder of the Tabernacles conference that we will be hosting from October 18-20 at the DoubleTree hotel on Park Place Blvd. in Minneapolis! We have held conferences there in past years. The cost for a room is $129 per night, plus appropriate taxes. Considering the inflation rate these days, this is a good price.
Keep in mind that there are two DoubleTree hotels in Minneapolis. We will be meeting at the one on Park Place just off Hwy 394 that heads west out of the downtown area.
As usual, our plan is to livestream most of the sessions. The exception is James Bruggeman, who does not want to do things live but prefers to edit the videos before making them available on his website.
Click the button below to view full details about this conference:
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09/20/2024 - The book of Hebrews provides us with the meat of the word that was most important in the early chu... Read More
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View Full Video ListFirst time here, and don't know where to start? No worries, we got you covered.
We have taken the five ministry gifts (Evangelists, Pastors, Teachers, Prophets, and Apostles) as an outline for the courses of Bible study in this School.
Our purpose is to equip those who are ministering with a knowledge of the Word, so that each will be more effective in fulfilling his or her calling.
Learn MoreHere is what the Fed decided yesterday, according to their own words:
"As previously announced, to provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of up to $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt by the end of the year. In addition, the Federal Reserve is in the process of buying $300 billion of Treasury securities. To promote a smooth transition in markets as these purchases of Treasury securities are completed, the Committee has decided to gradually slow the pace of these transactions and anticipates that the full amount will be purchased by the end of October."
http://www.federalreserve.gov/newsevents/press/monetary/20090812a.htm
What does it mean? First, while they are proclaiming the end of recession, they are admitting that there is still a huge banking problem with all those toxic mortgage-backed securities. It is so bad that they are having to shift the burden from the banks to the American taxpayers. Though the Fed is a private bank, you can bet that they will do this purchase on behalf of the American public. Certainly, they don't intend to take on the responsibility upon their own shoulders.
So far, they are only going to purchase $1.25 TRILLION in worthless mortgages. The only way this will help the banks is if the Fed pays them far more than the market value of these toxic mortgages. If the Fed bought them for real-market value, the banks would go bankrupt.
This purchase is to be completed by the end of October. That's about ten weeks from now. So the purchases will be paced at about $125 BILLION per week average.
This will also have to come from "new money," since other countries are not going to come running to help pay for this stuff.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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