Daily Archives: October 8, 2018

OCTOBER 8 “SOMEONE” IS THERE

Seek the Lord, and his strength: seek his face evermore.

Psalm 105:4

Wherever faith has proved itself to be real, it has inevitably had upon it a sense of the “present” God. The holy Scriptures possess in marked degree this feeling of actual encounter with a real Person.

The men and women of the Bible talked with God. They spoke to Him and heard Him speak in words they could understand. With Him they held person-to-person converse, and a sense of shining reality is upon their words and deeds.

This sense of “Someone there” filled the members of the early Christian church with abiding wonder. The solemn delight which those early disciples knew sprang straight from the conviction that there was One in the midst of them—they were in the very presence of God!

This sense of “Someone” there makes religion invulnerable to critical attack. It secures the mind against collapse under the battering of the enemy. Those who worship the God who is present may ignore the objection of unbelieving men!

Lord, as I go out into the world today, may Your presence be very real in my life. Thank You for always being there for me.[1]


[1] Tozer, A. W. (2015). Mornings with tozer: daily devotional readings. Chicago, IL: Moody Publishers.

OCTOBER 8 NO ACCIDENTS

The steps of a good man are ordered by the LORD: and he delighteth in his way.

—Psalm 37:23

To the child of God, there is no such thing as accident. He travels an appointed way. The path he treads was chosen for him when as yet he was not, when as yet he had existence only in the mind of God.

Accidents may indeed appear to befall him and misfortune stalk his way; but these evils will be so in appearance only and will seem evils only because we cannot read the secret script of God’s hidden providence and so cannot discover the ends at which He aims….

The man of true faith may live in the absolute assurance that his steps are ordered by the Lord. For him, misfortune is outside the bounds of possibility. He cannot be torn from this earth one hour ahead of the time which God has appointed, and he cannot be detained on earth one moment after God is done with him here. He is not a waif of the wide world, a foundling of time and space, but a saint of the Lord and the darling of His particular care. WTA003-004

Lord, it’s comforting to know that today and every day You are directing my life by the preset plans that are known only to You. I’ll rest in that, whatever may come my way today. Amen. [1]


[1] Tozer, A. W., & Eggert, R. (2015). Tozer on the almighty god: a 365-day devotional. Chicago, IL: Moody Publishers.

10/08/2018 — Wretched

WR2018-1008

•Todd went deep into the heart of Texas
•College traditions and church liturgy
•The absent faith of George HW Bush
•The problem with Tim Keller’s view of Social Justice
•Asking Millennials why suicide rates are up
•Dr. John MacArthur explains why he trains men in exposition

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via 10/08/2018 — Wretched

Ron Paul Warns A 50% Stock Market Decline Is Coming…And There’s No Way To Stop It

Is Ron Paul about to be proven right once again?

TheEconomiCollapse.com’s Michael Snyder thinks so. For a very long time, Ron Paul has been one of my political heroes.  His willingness to stand up for true constitutional values and to keep saying “no” to the Washington establishment over and over again won the hearts of millions of American voters, and I wish that there had been enough of us to send him to the White House either in 2008 or in 2012.  To this day, I still wish that we could make his classic work entitled “End The Fed” required reading in every high school classroom in America.  He was one of the few members of Congress that actually understood economics, and it is very sad that he has now retired from politics.  With the enormous mess that Washington D.C. has become, we sure could use a lot more statesmen like him right now.

But even though he has retired from politics, Ron Paul is still speaking out about the most important issues of the day.  And what he recently told CNBC is extremely ominous.

https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000044133&size=530_298

The following comes from a CNBC article entitled “Ron Paul: US is barreling towards a stock market drop of 50% or more, and there’s no way to prevent it”… According to the former Republican Congressman from Texas, the recent jump in Treasury bond yields suggest the U.S. is barreling towards a potential recession and market meltdown at a faster and faster pace. And, he sees no way to prevent it.

We’re getting awfully close. I’d be surprised if you don’t have everybody agreeing with what I’m saying next year some time,”

“It can be pretty well validated by looking at monetary history that when you inflate the currency, distort interest rates and live beyond your means and spend too much, there has to be an adjustment,” he said.

“We have the biggest bubble in the history of mankind.”

“I know it’s going to happen,” Paul said. “It will come, and the bubble is bigger than ever before.”

Of course lots of such predictions are flying around these days.

In fact, at this point even the IMF is warning of a “second Great Depression”.

So when it actually takes place it won’t be much of a surprise.  However, I do believe that many will be surprised by the ferocity of the coming crash.  According to Ron Paul, stock prices could end up falling by up to 50 percent

Paul is a vocal Libertarian known for an ardent grassroots fanbase that propelled him to multiple presidential runs, as well as his grim warnings about the economy. Yet he has been warning investors for years that an epic drop of 50 percent or more will eventually hit the stock market. He predicted the February correction, but not in size and scope.

Actually, stock prices need to fall by at least 50 percent in order for stock valuations to get close to their long-term averages.

In the end, if stocks only fall by 50 percent we will be extremely fortunate.  Stock valuations always, always, always return to their long-term averages eventually, and usually they fall below those averages during a period of adjustment.

And the mood on Wall Street has definitely changed.  The euphoria that we once witnessed is now gone, and instead it has been replaced by a gnawing sense that a really big downturn is coming.  In his most recent piece, John Hussman compared it to the fading out of a pop song

In recent days, the combination of extreme valuations and unfavorable market internals has been joined by acute dispersion in daily trading data that often occurs within a few days of pre-collapse peaks in the market. My opinion is that the music has already quietly faded out like the end of a pop song, in a wholly uneventful way, and that even a surprise push to further highs would be marginal.

And he concluded his most recent piece with this very chilling statement

For now, and until market conditions shift, there’s an open trap door under the equity market, and it’s a very long way down.

The end of last week was very bad for the markets, and so Monday and Tuesday will be key.

If stock prices continue to fall, this could be the beginning of a race for the exits.

But if stock prices rebound a bit, it means that we could have some more time.

And keep an eye on junk bonds.  They crashed really hard just before the financial crisis of 2008, and they are starting to slip here in October 2018.

A full-blown junk bond panic would definitely be a very clear sign that a major market crash is imminent.

As I write this, all of the markets in Asia are down.  Chinese stocks have fallen almost 3 percent, and that is very troubling news.

But whether a massive crisis erupts right now or not, the truth is that there is no way that we are going to avoid the consequences of our actions.

At this moment we are in the terminal phase of the biggest debt bubble in human history.  In fact, total indebtedness in the United States has increased by more than 2 trillion dollars over the past 12 months…

In total, indebtedness of consumers, corporations, and all governments has grown by $2.04 trillion over the past four quarters. And they’re going to be paying higher interest rates on this ballooning debt. In other words, debt service costs are going to rise substantially.

All of this debt has fueled a short-term bubble of relative “prosperity”, but meanwhile all of our long-term problems just continue to get worse.

There is no possible way that our debt bubble can continue to grow much faster than the overall economy indefinitely.  In fact, we have already been defying the laws of economics for way too long.

Eventually all debt bubbles burst, and when this one bursts we are going to experience economic pain on a scale that America has never seen before.

Source: Ron Paul Warns A 50% Stock Market Decline Is Coming…And There’s No Way To Stop It