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  • Is Japan the next nation to go bankrupt?

    We think we have problems . . .Japan is worse off, and getting worse by the day because its currency is too strong compared to the dollar, and imports are down by a third because Americans don't have the credit to buy more of their autos. http://www.t... Read More

    News
    < 1 min read
  • Quotes from the Great Depression

    From the D.C. propaganda mill and the wishful thinkers on Wall Street, one would think that the current recession has "turned the corner." Of course, if you recall, it was supposed to have turned the corner a year ago, too. As I have said many... Read More

    News
    < 1 min read
  • Capmark Bankruptcy Oct. 26 (Formerly known as GMAC)

    Here is another bankruptcy in the commercial real estate sector, as the commercial real estate market collapses. http://www.bloomberg.com/apps/news?pid=20601087&sid=a3Z4h4E8kNp8# Capmark, with assets of $21 billion, used to be known as GMAC. (Compani... Read More

    News
    2 - 3 min read
  • CIT Files for Bankruptcy

    The 5th largest bankruptcy just occurred on Sunday, November 1, when CIT filed for chapter 11 bankruptcy. Because of its name (CIT), I wonder if they might be connected to CITI bank. Does anyone know if they are a subsidiary or connected in any way organiz... Read More

    News
    2 min read
  • The Consequences of Sin--Part 6

    Series: The Consequences of Sin - All of mankind, with the exception of the overcomers, will appear before the Great White Throne to be judged "according to their works" (Rev. 20:13). Their faith (or lack of faith) will determine whether or not they receive "life"... Read More

    Bible Studies
    6 - 8 min read

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