Quote of the Day: Haggadah

Quote of the Day:

From the Haggadah

"This is the bread of affliction which our fathers did eat in Egypt.  Let all who hunger come and eat.  Let all who are in need come and partake of the paschal lamb!  This year we are here; Next year-in the Land of Israel!  This year we are slaves; Next year-free men!"

Quote of the Day: Josephus (Regarding Nephilim)

Quote of the Day:
Josephus:


"For many angles of God coupled with women, and begat sons that proved unjust, and despisers of all that was good, on account of the confidence they had in their own strength; for the tradition is, that these men did what resembled the acts of those whom the Grecians called giants."

It's interesting to hear it out of the mouth of a Jewish scholar, alive at the time of Christ, that they believed the Nephilim of Genesis 6 were the offspring of angels and women.

Huge Market Correction Coming? Oil Headed Lower?

     A few months ago I predicted that the DOW would experience a several thousand point pull back within the next year, and it appears that may be around the corner, as the market dips over 229 points at the time of this writing.  Many are giving reasons such as; the market is getting ahead of itself, or the earnings are good, but not great.  The reality is what most of us know, and feel, and that is the economy has never really recovered to anything that resembles the recent past.  So why would the market surge from just over 6000 to over 15000 during Barak's administration?  Quoting Alan Greenspan, 'Irrational Exuberance'. 

     When we see companies like Cisco laying off workers, and Walmart missing earnings estimates by a couple billion dollars, it is a sign that things are much worse than the market has shown.  Our government has been printing money as if it really did grow on trees, but none of it has made it to the lower-end consumer.  Jim Cramer of CNBC said, "We have to deal with the four walls of the corporate canvas, and they are simply not able to turn this macro positive into micro earnings gains."  This from the former hedge fund trader who is never shy about sharing his opinion.

     If I was to make an educated guess, I would say that the government paper that is entering into the economy through the banks, is actually flowing from the banks into commodities and other hard assets.  The banks have been unwilling to lend to the average consumer, and it is well known that banks don't like to leave money just sitting pat, so oil and other necessities of life seem to be the only good investments.  The chart to the left shows that since Obama took office, when government spending began to skyrocket, the price of a barrel of oil went from $66 in January 2009 to over $107 today.  

     With my own money, I would put it in Gold, Silver, or another hard currency.  The longer we put off the needed huge correction, by voting in huge spenders, the worse it is going to be when we are forced to face the reality.  Think of your kids.

By Jeffrey Brandon Lee

Quote of the Day: Earl of Darthmouth and Samuel Adams

Quote of the Day:
From: Paul Revere's Ride
by David Hackett Fischer

"Keep the measure secret until the moment of execution, it can hardly fail of success...Any efforts of the people, unprepared to encounter with a regular force, cannot be very formidable."

-Earl of Dartmouth to General Gage







"We may all be soon under the necessity of keeping Shooting Irons."

-Samuel Adams to Stephen Collins

Quote of the Day: Charles Stanley

Quote of the Day:

Dr. Charles Stanley

"Colossians 3:15 urges you to 'let the peace of Christ rule in your heart.' Regardless of the pressure you may feel, wait for peace.  You may seek confirmation from others, but be careful that their confirmation is in keeping with what God has said in his Word.  Perfect peace is God's verdict when you have His mind and His way.  Don't budge until you get God's peace.  This is the final confirmation of a wise decision."