Saturday, June 10, 2017

                                 AGE OF DECEPTION III:  GOVERNMENTS Part A

Re 13:1 And he took his place on the sand of the sea. And I saw a beast coming up out of the sea, having ten horns and seven heads, and on his horns ten crowns, and on his heads unholy names.
 2 And the beast which I saw was like a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power and his seat and great authority.
 3 And I saw one of his heads as if it had been given a death-wound; and his death-wound was made well: and all the earth was wondering at the beast.
 4 And they gave worship to the dragon, because he gave authority to the beast; and worshipping the beast, they said, Who is like the beast? and who is able to go to war with him?
 5 And there was given to him a mouth to say words of pride against God; and there was given to him authority to go on for forty-two months.
 6 And his mouth was open to say evil against God, and against his name and his Tent, even against those who are in heaven.
 7 And it was given to him to make war on the saints and to overcome them: and there was given to him authority over every tribe and people and language and nation.
 8 And all who are on the earth will give him worship, everyone whose name has not been from the first in the book of life of the Lamb who was put to death.
 9 If any man has ears, let him give ear.
 10 If any man sends others into prison, into prison he will go: if any man puts to death with the sword, with the sword will he be put to death. Here is the quiet strength and the faith of the saints.
 11 And I saw another beast coming up out of the earth; and he had two horns like a lamb, and his voice was like that of a dragon.
 12 And he makes use of all the authority of the first beast before his eyes. And he makes the earth and those who are in it give worship to the first beast, whose death-wound was made well.
 13 And he does great signs, even making fire come down from heaven on the earth before the eyes of men.
 14 And those who are on the earth are turned from the true way by him through the signs which he was given power to do before the beast; giving orders to those who are on the earth to make an image to the beast, who was wounded by the sword, and came to life.
 15 And he had power to give breath to the image of the beast, so that words might come from the image of the beast, and that he might have all those who did not give worship to the image of the beast put to death.
 16 And he gives to all, small and great, the poor and those who have wealth, the free and those who are not free, a mark on their right hand or on their brows;
 17 So that no man might be able to do trade but he who has the mark, even the name of the beast or the number of his name.
 18 Here is wisdom. He who has knowledge let him get the number of the beast; because it is the number of a man: and his number is Six hundred and sixty-six.
 (BBE)


2Th 2:1 Now as to the coming of the Lord Jesus Christ, and our meeting with him, it is our desire, my brothers,
 2 That you may not be moved in mind or troubled by a spirit, or by a word, or by a letter as from us, with the suggestion that the day of the Lord is even now come;
 3 Give no belief to false words: because there will first be a falling away from the faith, and the revelation of the man of sin, the son of destruction,
 4 Who puts himself against all authority, lifting himself up over all which is named God or is given worship; so that he takes his seat in the Temple of God, putting himself forward as God.
 5 Have you no memory of what I said when I was with you, giving you word of these things?
 6 And now it is clear to you what is keeping back his revelation till the time comes for him to be seen.
 7 For the secret of evil is even now at work: but there is one who is keeping back the evil till he is taken out of the way.
 8 And then will come the revelation of that evil one, whom the Lord Jesus will put to death with the breath of his mouth, and give to destruction by the revelation of his coming;
 9 Even the one whose coming is marked by the working of Satan, with all power and signs and false wonders,
 10 And with every deceit of wrongdoing among those whose fate is destruction; because they were quite without that love of the true faith by which they might have salvation.
 11 And for this cause, God will give them up to the power of deceit and they will put their faith in what is false:
 12 So that they all may be judged, who had no faith in what is true, but took pleasure in evil.
(BBE)


Matt 24:23 Then if any man says to you, See, here is the Christ, or, Here; do not put faith in him;
 24 For there will come up false Christs, and false prophets, who will do great signs and wonders; so that if possible even the saints might be tricked.
 25 See, I have made it clear to you before it comes about.


Please keep in mind as we begin this the false Christ of the End Times will come from the political sphere and will be apostate, that is, will have been a declared Christian and then will turn away and deny God, declare himself God and demand worship in the new Temple in Israel.



http://www.latimes.com/politics/washington/la-na-essential-washington-updates-president-trump-will-sign-order-1493897653-htmlstory.html


"President Trump signed an executive order aimed at protecting politically active churches from losing their tax-free status.

"The official emphasized that the order would not change existing law. The most significant portion of the order would direct the Internal Revenue Service to "exercise maximum enforcement discretion" in enforcing the Johnson amendment, which restricts religious groups from endorsing political candidates without risking their tax-exempt status.

"Trump met with evangelical leaders Wednesday night and with Catholic leaders Thursday morning before signing the order at a public ecumenical ceremony in the Rose Garden.

"'You're now in a position where you can say what you want to say...,' Trump said before signing the order, along with a proclamation. 'We are giving our churches their voices back.'

"Evangelicals supported Trump strongly during his election and had been pressuring the administration to go further in giving businesses discretion to assert morality clauses without running afoul of anti-discrimination laws."



If anyone thinks pastors don't talk to members of their flock when they are not in the pulpit...One should note the important part of this discussion: "Evangelicals supported Trump strongly during his election and had been pressuring the administration..."



https://www.washingtonpost.com/news/fact-checker/wp/2017/05/01/president-trumps-first-100-days-the-fact-check-tally/?utm_term=.b4438797c3ac

President Trump is the most fact-challenged politician that The Fact Checker has ever encountered. He earned 59 Four-Pinocchio ratings during his campaign as president. Since then, he’s earned 16 more Four-Pinocchio ratings.

"But those numbers obscure the fact that the pace and volume of the president’s misstatements means that we cannot possibly keep up. The president’s speeches and interviews are so chock full of false and misleading claims that The Fact Checker often must resort to roundups that offer a brief summary of the facts that the president has gotten wrong.

"As part of our coverage of the president’s first 100 days, The Fact Checker team (along with Leslie Shapiro and Kaeti Hinck of the Post graphics department) produced an interactive graphic that displayed a running list of every false or misleading statement made by the president. We also catalogued the president’s many flip-flops, since those earn Upside-Down Pinocchios if a politician shifts position on an issue without acknowledging he or she did so.

"So here are the numbers for the president’s first 100 days.

"492: The number of false or misleading claims made by the president. That’s an average of 4.9 claims a day.
10: Number of days without a single false claim. (On six of those days, the president golfed at a Trump property.)
5: Number of days with 20 or more false claims. (Feb. 16, Feb. 28, March 20, April 21 and April 29, his 100th day in office.)

"While the president is known to make outrageous claims on Twitter — and that was certainly a major source of his falsehoods — he made most of his false statements in unscripted remarks before reporters. (Interviews were another major source of false claims.) That’s because the president would rely on talking points or assertions that he had made in the past — and continued to make, even though they had been fact-checked as wrong.

"This makes Trump somewhat unique among politicians. Many will drop a false claim after it has been deemed false. But Trump just repeats the same claim over and over.

["There are many ways to measure the first 100 days of President Trump"]

"In particular, the president repeatedly took credit for events or business decisions that happened before he took the oath of office — or had even been elected.

"He gave himself credit for the January jobs report — 216,000 jobs — even though the data was collected the week of Jan. 12, before he became president. (In other words, the gain in jobs took place from Dec. 12 to Jan. 12.)

"Among other deals, Trump took credit for $1 billion investment by Fiat Chrysler (which the company said was due to talks with unions in 2015), $1 billion General Motors investment (also in the works for some time), 10,000 jobs added by Walmart (announced in October), 10,000 jobs created by Intel (announced originally in 2011), 1 million planned jobs by Chinese e-company Alibaba (a plan outlined in 2015), and a $25 billion investment by Charter Communications (in the works since 2015). Trump also touted a big investment by Japanese company SoftBank — which announced its investment fund three weeks before the U.S. elections, when Trump faced a narrow path to victory.

"On at least 15 occasions, Trump boasted that he had personally negotiated a cut between $600 million and $725 million off an order for Lockheed Martin F-35 Joint Strike Fighters. But Lockheed had already planned the cost reductions, saying in December that the next batch of 90 planes would cost six to seven percent less per plane than the previous order. (This was well before any meeting that Trump had with the company’s chief executive.) The Air Force’s budget had already accounted for the cut in price — and the price is expected to keep dropping.

"Another Trump favorite was claiming — seven times — that the United States had spent $6 trillion on wars in “the Middle East.” He usually utters this figure to note the money would have been better spent in the United States. But Trump is lumping together the wars in Iraq (in the Middle East) and Afghanistan (in South Asia), which together cost about $1.6 trillion from 2001 to 2014. He is also adding in estimates of future spending, such as interest on the debt and veterans’ care for the next three decades.

Health careFull story 
“Obamacare is dead, it is gone.”
Repeated on Jan. 25 Feb. 10 Feb. 16 Feb. 18 Feb. 27 Mar. 11 Mar. 13Mar. 15 Mar. 17 Mar. 17 Mar. 17 Mar. 21 Mar. 25 Apr. 23 Apr. 24Apr. 28 Apr. 29



Full story 
“Obamacare is dead, it is gone.”
Repeated on Jan. 25 Feb. 10 Feb. 16 Feb. 18 Feb. 27 Mar. 11 Mar. 13 Mar. 15 Mar. 17 Mar. 17 Mar. 17 Mar. 21 Mar. 25 Apr. 23 Apr. 24 Apr. 28 Apr. 29
Source: Prepared speech

"The Affordable Care Act is not imploding and is expected to remain stable for the foreseeable future, according to the Congressional Budget Office."

Full list at:  https://www.washingtonpost.com/graphics/politics/trump-claims/?tid=a_inl&utm_term=.a69ec1160018


In response:


http://thehill.com/blogs/pundits-blog/media/320512-liberal-lies-about-president-trump


"If the left would use this same exacting precision in analyzing the words of President Trump, not only would they find that Trump is not “lying” but that he lacks the nefarious cover-up motives involved in several of the aforementioned Democratic mistruths.

"For instance, I was at Trump’s Saturday rally in Melbourne, Fla., where he urged his audience to “look at what’s happening last night in Sweden.”

"The left used Trump’s vague statement to impart sinister suspicion.  “How dare he make up a terrorist attack!?” and  “liar!” were but a few of the apoplectic freak-outs.  Meanwhile, the person beside me heard it entirely differently.  “He’s referring to information he gathered regarding Sweden last night,” this person said.

 "Trump’s clarification on Twitter that his “last night” remark indeed referred to a Friday night Fox News segment on crime in Sweden validated the latter interpretation over the former.  Nevertheless, the former interpretation was adopted as gospel.

"The left’s “lying” narrative was again on full display when Trump stated that the murder rate was the highest it has been in 47 years.  The liberals accused Trump of intentionally planting a false statistic, but they ought to have done a cursory Google search, which would have clarified exactly what Trump was getting at: the U.S. had just seen the biggest increase in murders in 45 years.

"Trump used this statistic several times throughout the campaign, and Politifact rated his statement as “mostly true.”  But this time Trump left out one word — increase — and the left lost it, resorting to the “lying” label."


And, trying to be somewhat neutral:


http://www.politico.com/blogs/on-media/2017/06/08/james-comey-testimony-conservative-media-239304


CHICAGO, IL - JUNE 08:

By HADAS GOLD 06/08/2017 02:23 PM EDT Updated 06/08/2017 03:27 PM EDT

"Former FBI director Jim Comey’s testimony on Capitol Hill either completely vindicated President Donald Trump or further implicated him.

"That depends on which media is reporting the story.

"According to many right-wing outlets, Comey not only cleared Trump by confirming that he was not personally under investigation, he also helped stir up old drama around the FBI probe into Hillary Clinton's emails and admitted he orchestrated leaks to the media after his firing.

"Much of the rest of the media, however, focused on Comey saying he took Trump’s statement that he “hopes” the FBI would drop the investigation into Michael Flynn as a directive, that Trump “lied” and “defamed” Comey and the FBI, and that Comey took detailed notes about his meetings with Trump because he was concerned that Trump would later lie about them.

"That mainstream outlets and conservative outlets would focus on different aspects of the testimony isn't entirely surprising, but reflects the extent that conservative media is backing Trump when even some Republican senators are condemning his handling of Comey.

“Comey: Pres did not order me to let Flynn probe go,” read a Fox News chryon while a CNN chryon at the same moment read "Comey: I took Trump's request about Flynn as a directive" (though various Fox anchors and contributors noted that the testimony was damaging for Trump).

"On The Drudge Report, which often sets the agenda for right-leaning media, the focus was on Comey voluntarily saying he asked a friend to release the contents of memos from his conversations with Trump to the media, and that former Attorney General Loretta Lynch pushed him to describe the department’s investigation into Clinton’s email practices as a “matter,” not an “investigation.” (Though Comey noted that while he did end up saying "matter," most of the media called it an investigation anyway.)

"Breitbart, whose former employees now populate the West Wing, set up shop at a local Washington bar that was throwing a watch party for the event. Their coverage mocked the “Washington elites” who were “celebrating” the testimony.

"Comey is in big trouble after this hearing. He admitted he’s a leaker, and has an actual network through which he leaks information to the press. In addition, he withheld from leaking information that would have vindicated President Trump weeks ago,” the site’s liveblog read.

"Townhall also focused on Comey leaking his memos, and that Comey said the president never asked him to stop the FBI’s Russia investigation.

"On the liberal end of the spectrum, the Huffington Post focused on Comey saying he purposely leaked in order to “get a special prosecutor.” TalkingPointsMemo focused on Comey saying he was fired in order to influence the probe into Russia, while Salon’s website declared "Trump’s in big trouble.”

"Many mainstream outlets like the major newspapers and TV networks highlighted Comey's explosive declaration that Trump lied and defamed him and the FBI. They also focused on the leaked memo, though many pointed out that Comey said the leaked memo had a point: To compel a special prosecutor. The New York Times sent a breaking news alert with Comey’s statement that he leaked the memo in order to trigger a special prosecutor, while USA Today took the calmer route, with their main story saying Comey “plays political hardball.”

'CNN’s website focused on the split between Comey and the White House, blaring the headline “Comey: President lied. White House: No, he didn’t,” a sentiment MSNBC’s website also focused on. Fox News’ website also mentioned that Comey accused Trump of lying, but in the same headline added that Comey suggested “Lynch covered for Clinton."

Hadas Gold is a reporter at Politico.


Okay,  We have a pile of stuff. You know, STUFF.  All this STUFF that passes itself off as news.  Sides defending their sides often by defaming someone else, usually the Clintons or Trump.   Truth up for grabs to the highest minded one claiming it or the lowest striking one grasping it with greedy paws.  And the truth is a matter of perception.  So long as it follows the mythology of left wing or right wing belief, that all things might be environmentally sound or fit the profit margin.


So, if we face the end times, we have to be careful about using news to make any decision without realizing there are inherent prejudices in them, including so-called Christian new media.

What we know for sure is that the Antichrist is out there somewhere and we have to look at the traits of any leaders and their subordinates to see if they have the traits of the AntiChrist seeing the leaders as much as we can without media filters.

For instance, Mr. Trump has exhibited traits that lead me to think of him this way:

Manic Episode Symptoms By Steve Bressert, Ph.D.

The symptoms of mania include: elevated mood, inflated self-esteem, decreased need for sleep, racing thoughts, difficulty maintaining attention, increase in goal-directed activity, and excessive involvement in pleasurable activities. These manic symptoms significantly impact a person's daily living.

What is a manic episode? A manic episode is not a disorder in and of itself, but rather is diagnosed as a part of a condition called bipolar disorder.

A manic episode is a mood state characterized by period of at least one week where an elevated, expansive or unusually irritable mood exists. A person experiencing a manic episode is usually engaged in significant goal-directed activity beyond their normal activities. People describe a manic mood as feeling very euphoric, “on top of the world,” and being able to do or accomplish anything. The feeling is like extreme optimism — but on steroids.

Sometimes the manic mood is more irritable than it is elevated, especially if the person’s wishes are curtailed or denied altogether. Often a person in the midst of mania will engage in multiple projects at the same time, with little pre-planning or thought going into them, and finishing none of them. They may work on these projects at all hours of the day, with little regard for sleep or rest.

...

The manic feelings the person experiences should be severe enough to cause difficulty or impairment in their ability to function at work, with friends or family, at school, or other important areas in their life. Symptoms also cannot be the result of substance use or abuse (e.g., alcohol, drugs, medications) or caused by a general medical condition.

(We have no idea what drugs Trump may be on.  Se we temper the conslusion we draw with "ifs" and "maybes."

Specific Symptoms of a Manic Episode

In order for a manic episode to be diagnosed, three (3) or more of the following symptoms must be present:

Inflated self-esteem or grandiosity
Decreased need for sleep (e.g., one feels rested after only 3 hours of sleep)
More talkative than usual or pressure to keep talking
Flight of ideas or subjective experience that thoughts are racing
Attention is easily drawn to unimportant or irrelevant items
Increase in goal-directed activity (either socially, at work or school; or sexually) or psychomotor agitation
Excessive involvement in pleasurable activities that have a high potential for painful consequences (e.g., engaging in unrestrained buying sprees, sexual indiscretions, or foolish business investments)
Inflated self-esteem is typically present, ranging from uncritical self-confidence to marked grandiosity, and may reach delusional proportions. Individuals may give advice on matters about which they have no special knowledge (e.g., how to run the United Nations). Despite lack of any particular experience or talent, the individual may embark on writing a novel or composing a symphony or seek publicity for some impractical invention. Grandiose delusions are common (e.g., having a special relationship to God or to some public figure from the political, religious, or entertainment world).

Almost invariably, there is a decreased need for sleep. The person usually awakens several hours earlier than usual, feeling full of energy. When the sleep disturbance is severe, the person may go for days without sleep and yet not feel tired.

Manic speech is typically pressured, loud, rapid, and difficult to interrupt. Individuals may talk nonstop, sometimes for hours on end, and without regard for others’ wishes to communicate. Speech is sometimes characterized by joking, punning, and amusing irrelevancies. The individual may become theatrical, with dramatic mannerisms and singing. Sounds rather than meaningful conceptual relationships may govern word choice (i.e., clanging). If the person’s mood is more irritable than expansive, speech may be marked by complaints, hostile comments, or angry tirades.

The individual’s thoughts may race, often at a rate faster than can be articulated. Some individuals with Manic Episodes report that this experience resembles watching two or three television programs simultaneously. Frequently there is flight of ideas evidenced by a nearly continuous flow of accelerated speech, with abrupt changes from one topic to another. For example, while talking about a potential business deal to sell computers, a salesperson may shift to discussing in minute detail the history of the computer chip, the industrial revolution, or applied mathematics. When flight of ideas is severe, speech may become disorganized and incoherent.

A person in a manic episode may easily lose attention. Distractibility is evidenced by an inability to screen out irrelevant external stimuli (e.g., the interviewer’s tie, background noises or conversations, or furnishings in the room). There may be a reduced ability to differentiate between thoughts that are germane to the topic and thoughts that are only slightly relevant or clearly irrelevant.

The increase in goal-directed activity often involves excessive planning of, and excessive participation in, multiple activities (e.g., sexual, occupational, political, religious). Increased sexual drive, fantasies, and behavior are often present. The person may simultaneously take on multiple new business ventures without regard for the apparent risks or the need to complete each venture satisfactorily. Almost invariably, there is increased sociability (e.g., renewing old acquaintances or calling friends or even strangers at all hours of the day or night), without regard to the intrusive, domineering, and demanding nature of these interactions. Individuals may also display psychomotor agitation or restlessness by pacing or by holding multiple conversations simultaneously (e.g., by telephone and in person at the same time). Some individuals write a torrent of letters on many different topics to friends, public figures, or the media.

Expansiveness, unwarranted optimism, grandiosity, and poor judgment often lead to an imprudent involvement in pleasurable activities such as buying sprees, reckless driving, foolish business investments, and sexual behavior unusual for the person, even though these activities are likely to have painful consequences. The individual may purchase many unneeded items (e.g., 20 pairs of shoes, expensive antiques) without the money to pay for them. Unusual sexual behavior may include infidelity or indiscriminate sexual encounters with strangers.

People who experience a manic episode are often diagnosed with a type of bipolar disorder.



I am far from an expert on psychology, but I have spent time with manics and Trump seems dangerously close to that behavior.  Everything about his actions, the late night tweets, the inability to concentrate on one subject, the wandering from topic to something off topic during a question period, the need by some aides to put his name in documents so he will pay attention for a reasonable period of time, the rambling speeches roaming from one topic to the next  scream manic behavior.  His determination to continue doomed construction projects mentioned in the previous post.  His optimism that things will always go his way.  His continuing to say things are the way he said they were even when faced with the facts they are not that way.  His statement that he is "the only one" who could save the country.

Such a thing is not without precedent.  Manic DEPRESSIVES (which I am not saying he is) often make successful business leaders despite suffering from the trait.  Ted Turner and the late Rene Rivkin are prominent examples.  Some have even denied themselves treatment because the manic phase of bipolar makes them feel so good.  Artists and performers seem to be particularly.  The late Robin Williams stands out in my mind.  Van Gogh often gets diagnosed posthumously.

In politics,  President Abraham Lincoln exhibited tell tale signs.  As did Napoleon and Winston Churchill.

Trump held all three of those occupations.  That does NOT mean he has a mental illness.  It merely points out that people with the illness have succeeded in those occupations.

And it is not just me seeing this:

https://www.psychologytoday.com/blog/mood-swings/201610/trumps-temperament-not-narcissistic-not-normal

 "My analysis is: Donald Trump likely isn’t psychologically normal, in the sense of having hyperthymic temperament, which paradoxically could benefit him in some ways as a leader, though not the kind many of us would want. Hyperthymia also would explain many of his personal foibles.

"Consider: He sleeps 4 hours per night, about half the biological norm. Yet he’s very energetic, creative, talkative. He talks about having not just high physical, but also sexual, energy. The question of his sexual behavior has become central to the campaign in recent weeks. If we take him at his word, and if these reports are true, all these symptoms reflect being sped up, above the usually normal range, in one’s feelings, thinking, and movement. That’s the definition of “manic” symptoms. (This doesn’t mean being delusional and thinking you’re Jesus Christ, just like “depressive” doesn’t mean you want to shoot yourself).

(Agreeing with me above.  Will.)

"Based on his own claims, Mr. Trump’s self-description can be translated psychologically into mild manic symptoms, which in technical terms, is called “hyperthymia.” This is NOT a psychiatric diagnosis; you won’t find it in the psychiatric diagnostic manual. It is instead a personality state, related biologically to manic-depressive illness. And it isn’t normal.

"Now, at one level, this is like saying he is tall, or that someone else might be thin. These are normal physical and psychological traits, and some of us are at the upper or lower ends. Mr. Trump is at the upper end of energy, creativity, extraversion, and what psychologists call “openness to experience”. These all occur with hyperthymia.

"Severe manic symptoms occur in manic-depressive illness, which I am not saying he possesses. But some inferences can be made based on scientific studies of that condition. Mild manic symptoms are associated with increased creativity, which would bode well for Mr. Trump in many ways as a leader, and is consistent with much of his business success. Mild mania is also associated with resilience to traumatic experiences; people with hyperthymia are less likely to develop post-traumatic stress disorder (PTSD) after a major trauma. This would bode well for facing up to the major stresses of the office of the presidency. 


There are some drawbacks too. People with manic symptoms show less empathy for others, compared with those who suffer depression, who have increased empathy.  You can draw inferences based on this observation, perhaps, for some of Mr. Trump’s policies, depending on your political viewpoint. Manic symptoms also are associated with impulsivity, an inability to hold back when one need’s to hold back, which many commentators have observed in Mr. Trump’s debate performances, as well as in other aspects of his life, such as his sexual behavior.
Does Mr. Trump's psychological profile strengthen or weaken him as a potential presidential leader?

The answer is two-fold: First, there's more than one kind of temperament that can make you fit to be president. Second, it depends more on your political preferences, and it depends on what’s happening in the world. 

A few years ago, I published A First-Rate Madness, in which I argued that there are some positive benefits to manic-depressive illness.  In particular, many of our greatest  crisis leaders, like Abraham Lincoln and Winston Churchill, had a version of that condition. In contrast, some of our worst leaders, like Neville Chamberlain, were stable, personable, mentally healthy. Being “normal” is a drawback for crisis leadership, in times of great change. But in times of peace and prosperity, “normal” leaders do better, since all that is needed is moderation and caution at the helm.  Churchill was a miserable failure in the British Cabinet in peacetime prosperity in the 1920s, while Chamberlain was a great success. When war came, the reverse was the case. 

So there’s a dynamic between crisis and non-crisis periods, and between being mentally healthy/normal versus being somewhat abnormal. Manic-depressive leaders do best in crisis periods but mentally healthy/normal leaders do best in times of peace and stability. 

The question of whether Trump is the right man for the times is not really about whether he is psychologically “normal” or not, but whether we are in a time of the kind of crisis where a hyperthymic leader does best. One might argue that 2016 is much less a time of crisis than 2008, in the midst of the Great Recession and multiple Middle Eastern wars. If things are more stable than many believe, it could be that the hyperthymic leader would just cause more trouble, like Churchill in the 1920s, rather than solve the problems we have. In that case, Trump would be the wrong man for these times, and Hillary Clinton, who is more reliable and stable, would probably be a better leader. 

Usually, such questions are discussed with a stigmatizing attitude. The idea is that “mental illness” is bad or harmful; thus, if you dislike Trump, you question his sanity. If you like him, you resent any such pathologizing. The psychiatric profession, ironically, shares this discriminatory attitude; it’s claimed that one shouldn’t “diagnose” public figures, the assumption being that in doing so we would be criticizing that person. We psychiatrists feed into the public’s discrimination against psychiatric illness. 

What few realize is that a psychiatric condition could benefit a leader, as I described in First-Rate MadnessResearch studies find that depression is associated with realism and empathy, and manic symptoms (fast thinking and high energy and activity) are associated with creativity and resilience to stressful events. 
There’s no known evidence that Trump ever had periods of clinical depression. If true, then all the above benefits of hyperthymic temperament have one negative flip-side. Depression is associated with increased empathy toward others; mania is the reverse, with decreased empathy toward others. The weakness of hyperthymia can be low empathy, especially for those who aren’t in the silent majority, like Muslims (including me), or those who haven't been in the halls of power, like women.  
So will Trump be a great leader? Possibly, if you want to follow where he wants to go. Probably not, for everyone else.    
But this all leads me to a possibility that is frightening: would such a leader who feels a comfort zone for conflict and finds success in that arena, given enough power, actually seek to provoke conflict so he will feel comfortable and feel at an advantage?  Did we not see that in the debates?  Trump pushed as many emotional buttons as he could in his opponents to create emotional conflict rather than reasoned debate.  Would such a leader then having won with such tactics not continue those tactics in all his political relationships?  Haven't we been witnessing that?  When things look to be claiming down, Mr. Trump can't seem to resist starting a new fight with someone.  He has insulted allies and needled even our closest friends.  The nice thing for him about being rich is that the rich are considered "eccentric" while the less wealthy are considered "sick"  or "fools".  The thing about being the leader of a country with nuclear weapons is one overreaction could obliterate much of the world  one offhand remark could ignite a fool in the Kim Dynasty.

But I am behaving as most US citizens as seeing only this part of the world and thinking that is where the only power lies. But there are other leaders to consider and this question to leave you with: why would Evangelicals vote for a person with a record f divorces, sexual dalliance and lying simply to get political favor when God is meant to be the government?  

Please hold all these thoughts somewhere in the back of your mind or outlined in some part of your computer.  We will be publishing only once a week, on Saturdays, for the next three months  

Wednesday, June 7, 2017

                                                      AGE OF DECEPTION II

"Satan has effectively blinded man to the painful damaging consequences of sin.  The effects of sun are all around us, yet many continue ti indulge in the sex, status- and pleasure-seeking, and rampant self-centeredness that cause much anguish and pain.  Satan contradicted God in the Garden when he said, "You surely will not die!"  (Gen. 3:4). Sin is pleasant but only for a season.  Sooner or later, sin will result in some form of destruction."

THE SEARCH FOR SIGNIFICANCE by Robert S. McGee

You begin to see why I started back there.  There in those first three deceptions,  They set the tone for everything around us today.  The creation of one myth after another by Hollywood,  The creation of one scam after another by those running large corporations, research programs, financial institutions.

Go back to Ruth.  She is gleaning IN the middle of the harvest.  The harvest of souls is going on right now, has been since Jesus returned and this happened:

Mt 27:51 And the curtain of the Temple was parted in two from end to end; and there was an earth-shock; and the rocks were broken;
 52 And the resting-places of the dead came open; and the bodies of a number of sleeping saints came to life;
 53 And coming out of their resting-places, after he had come again from the dead, they went into the holy town and were seen by a number of people.
 (BBE)

The resurrection is called the harvest:

https://www.ucg.org/bible-study-tools/booklets/gods-holy-day-plan-the-promise-of-hope-for-all-mankind/the-feast-of-1

(Note: Ii don;t agree with the United Church of God about some things, but this research is accurate and so used her.)

"In the process of revealing His plan of salvation for mankind, God established His annual Holy Days around the harvest seasons in the Middle East (Leviticus 23:9-16; Exodus 23:14-16). Just as His people harvested their crops around these three festival seasons, God’s Holy Days show us how He is harvesting people for eternal life in His Kingdom.

"The Holy Days have meanings that build upon each other. Together they progressively reveal how God works with humanity.

"Earlier we saw Passover symbolizing Christ’s giving of Himself for us so our sins could be forgiven and we could be redeemed from death. We also learned how the Days of Unleavened Bread teach us that we must remove and avoid sin and instead obey God in actions and attitudes. The next festival and Holy Day, Pentecost, builds on this important foundation.

"This festival is known by several names that derive from its meaning and timing. Also known as the Feast of Harvest (Exodus 23:16), it represents the firstfruits (Numbers 28:26) gathered as the result of the labor of those who completed the spring grain harvests in ancient Israel (Exodus 23:16).

"It is also called the Feast of Weeks (Exodus 34:22), with this name coming from the seven weeks plus one day (50 days in all) that are counted to determine when to celebrate this festival (Leviticus 23:16). Similarly, in the New Testament, which was written in Greek, this festival is known as Pentecost ( Pentekostos in the original), which means “fiftieth” (W.E. Vine, Vine’s Complete Expository Dictionary of Old and New Testament Words , 1985, “Pentecost”).

"Among Jews the most popular name for this festival is the Feast of Weeks, or Shavuot, in Hebrew. When celebrating this festival, many Jewish people recall one of the greatest events in history, God’s revealing of the law at Mount Sinai.

"But Pentecost doesn’t just picture the giving of the law; it also shows—through a great miracle that occurred on the first Pentecost in the early Church—how we can persist in living by the spiritual intent of God’s laws.

The gift of Pentecost: the Holy Spirit

"God chose the first Pentecost after Jesus Christ’s resurrection to pour out His Holy Spirit on 120 believers (Acts 1:15). “Now when the Day of Pentecost had fully come, they were all with one accord in one place. And suddenly there came a sound from heaven, as of a rushing mighty wind, and it filled the whole house where they were sitting. Then there appeared to them divided tongues, as of fire, and one sat upon each of them. And they were all filled with the Holy Spirit and began to speak with other tongues [languages], as the Spirit gave them utterance” (Acts 2:1-4).

"The speaking in various languages occurred as a crowd of people from many nations gathered in Jerusalem, with each visitor hearing the speech of the disciples in his own native tongue (Acts 2:6-11). These astounding events demonstrated the presence of the Holy Spirit."

The Feast of the Harvest started with those first fruits. the ones raise right after the Resurrection of the Lord. In the festival they formed the "wave Sheaf" which was waved over the alter and used to symbolize the beginning of the harvest.

The resurrection has been going on spiritually since then. The fallen saints are in the Spiritual state in the presence of the Lord.

Php 1:21 For to me life is Christ and death is profit.
 22 But if I go on living in the flesh--if this is the fruit of my work--then I do not see what decision to make.
 23 I am in a hard position between the two, having a desire to go away and be with Christ, which is very much better:
 (BBE)

Waiting>

And then there is an old song:

https://www.youtube.com/watch?v=BFlgDeA6Wog


We are in His Presence here and then there by the indwelling Spirit.  Awaiting the Rapture for tieh arrival of our Final Flesh.

But, like Ruth, we await our Boaz to deliver us from the wear and tear of this flesh.  But we know the time draws near.  We know because:

2Ti 3:12 Yes, and all whose purpose is to be living in the knowledge of God in Christ Jesus, will be cruelly attacked.
 13 Evil and false men will become worse and worse, using deceit and themselves overcome by deceit.
 14 But see that you keep to the teaching you have been given and the things of which you are certain, conscious of who has been your teacher;
 (BBE)


So let me touch on just one way deception has increased: the idea of junk bonds and how they represent the greed  our times Not  coincidentally one in which the current President of the USA was intimately involved in.



http://www.npr.org/2016/03/17/470806232/opening-the-books-on-donald-trumps-business-deals-in-atlantic-city

(An interview from right before the last election about Mr. trumps claim never to have gone bankrupt.)

So when you file for bankruptcy for your business but you own all the shares in the business and it's a private company, where is the line between a personal and a corporate bankruptcy, especially if you've personally guaranteed some of the loans that your company has taken out?

O'HARROW: You've just asked a question that they examine in the best law schools in the country. But suffice it to say that there is a line, and he filed corporate bankruptcies, not personal bankruptcies here. And he has rightfully pointed out that the law provides bankruptcy in a positive way. It's to enable entrepreneurs to restructure and to keep going rather than just fail outright.

And so, you know, we need to note something that he has said repeatedly is that he used the laws of the nation to his own benefit. And everybody's going to have to decide on their own the degree to which he was personally involved here and what that means to them because there's no question this was a corporate bankruptcy.

GROSS: So we actually have a clip standing by of exactly what you talking about, so let's listen to this clip. And this is an excerpt of the first Republican debate hosted by Fox News. This is August 6, 2015, and the person asking the question is Chris Wallace.

(SOUNDBITE OF ARCHIVED RECORDING)

CHRIS WALLACE: Trump Corporation's casinos and hotels have declared bankruptcy four times over the last quarter-century. In 2011, you told Forbes Magazine this - I've used the laws of the country to my advantage. But at the same time, financial experts involved in those bankruptcies say that lenders to your companies lost billions of dollars. Question, sir. With that record, why should we trust you to run the nation's business?

TRUMP: Because I have used the laws of this country just like the greatest people that you read about every day in business have used the laws of this country, the chapter laws, to do a great job for my company, for myself, for my employees, for my family, et cetera. I have never gone bankrupt, by the way. I have never. But out of hundreds of people...

WALLACE: ...No, but sir, that's...

TRUMP: Excuse me.

WALLACE: ...You're lying.

TRUMP: Excuse me...

WALLACE: ...But your companies have gone bankrupt.

TRUMP: Out of - what am I saying? Out of hundreds of deals that I've done, hundreds, on four occasions I've taken advantage of the laws of this country like other people. I'm not going to name their names 'cause I'm not going to embarrass them, but virtually every person that you read about on the front page of the business sections, they've used the laws. The difference is when somebody else uses those laws, nobody writes about it.

GROSS: So, Robert O'Harrow, when you spoke to people who had worked with Trump and when you spoke to members of the casino commission in New Jersey, did they talk to you about how he used the bankruptcy laws and if he used them kind of, like, straightforwardly or if there was a lot of, like, manipulation of those laws?

O'HARROW: I did. You know, of course, some of these folks feel spurned by Donald Trump because he made a whole host of promises and they felt that he didn't keep his promises. One of them was Steven Perskie. He's the former chairman of the Casino Control Commission. He also was a former Democratic lawmaker.

Now he worked very closely with Trump to sort through a lot of these problems that came along, and the way he describes it is that the city - Atlantic City officials and the casino regulators were in a really tough spot because Atlantic City was struggling. The casino business was struggling. And in maneuvering the way that he did, according to Perskie, Trump gave them really no choice but to keep going. And here's what Perskie said.

"When I read and hear him say he was beloved in Atlantic City, that was before the bankruptcy. He remembers to perceive how he started, not how he was perceived when he left."

And Perskie went on to tell me that it got to the point where Donald Trump himself was such a force in Atlantic City with the three different casinos that he became too big to fail, so that they cut him slack with that in mind because they were worried about the impact on a city that was already struggling.

GROSS: Because if this huge casino, the Taj, went under, it would be bad for all of Atlantic City.

O'HARROW: Well, not just the Taj. The other two casinos also struggled and eventually filed bankruptcy as well.

GROSS: My guest is Robert O'Harrow, a reporter for The Washington Post's investigative unit. We're talking about his article examining Donald Trump's business practices and deals when he took over the Atlantic City casino hotel the Taj Mahal. After we take a short break, we'll talk about who lost out when the Taj went bankrupt. I'm Terry Gross, and this is FRESH AIR.

(SOUNDBITE OF MUSIC)

GROSS:  Donald Trump's deals and promises when he took over the not-yet-completed Taj Mahal in Atlantic City. When it opened in 1990, it was the largest casino hotel in Atlantic City. He already owned two other casinos in the city, Trump's Castle and Trump Plaza. The year after the Taj opened, it filed for bankruptcy. When we left off, we had listened to a clip from the first Republican candidates debate, which was hosted by Fox News in August. Chris Wallace had asked Trump about his company's four bankruptcies.

So in that clip that we heard, Donald Trump said that he did a great job for his company, for himself, for his employees and his family. And he's talking about how the Taj ended up after bankruptcy. But you looked into, like, who lost money on this deal when he declared bankruptcy and couldn't pay all of his loans. So who lost out?

O'HARROW: The answer about who was affected is deeper than it might seem because in March of 1992, Trump's Castle and his Plaza casinos also filed for bankruptcy. And to resolve those debts, Trump gave up half his stake in each of the casino to the lenders. So the lenders definitely lost money through the cascading failures of these three casinos. But small-time investors who had bought the bonds directly or through retirement funds also suffered losses. And so did small business owners who sold the Trump organization paint, equipment, food, limousine services. And many of those were eventually paid only a fraction of what they were due. And we know this in part because a professor at Temple University - in your town - Bryant Simon went in and studied Atlantic City and found that a lot of people recall having to struggle to get by after these bankruptcies.

Bryant Simon - the professor - told me that Trump was quote, "a brutal and ruthless negotiator." And he said that people paid the price. And when I brought that up with Donald Trump, he said that he acknowledged that he drove hard bargains, but he said that he created many opportunities for a lot of people in the city to make money. And here's what he told me.

"I wasn't the nicest person on earth. Many of these same people, if not all, made a lot of money with me."

GROSS: I want to play another Donald Trump clip. And this also is from the first Republican debate, which was hosted by Fox News on August 6, 2015. And this is Donald Trump speaking. And he's speaking about getting out of the casino business in Atlantic City.

(SOUNDBITE OF ARCHIVED RECORDING)

TRUMP: I had the good sense to leave Atlantic City - which by the way, Caesar's just went bankrupt. Every company - Chris can tell you - every company, virtually, in Atlantic City went bankrupt - every company. And let me just tell you; I had the good sense - and I've gotten a lot of credit in the financial pages. Seven years ago, I left Atlantic City before it totally cratered. And I made a lot of money in Atlantic City. And I'm very proud of it.

GROSS: OK, and the Chris that Donald Trump referred to is Governor Chris Christie of New Jersey. And of course, Atlantic City is in New Jersey. So what do you think about when you hear that? Like, what facts did you find that either back up or contradict what Donald Trump just said?

O'HARROW: Well, I'm going to tell you what Steve Perskie told me. But first, I think it's worth noting - and I've been struck by this during the whole election - that how often Donald Trump uses money as the measurement of his civic virtue, or his talent, or his credential to become the president of the United States. And clearly, money can serve as one way of measuring success. But it's - in my business over the years as a journalist, I haven't seen another candidate rely so much on claims of wealth to underscore personal integrity.

GROSS: Right. Well, you know, he said, I made a lot of money in Atlantic City. We've been talking about his bankruptcies, how he couldn't pay off his debts, how people who he owed money to lost money. So is it true that he made a lot of money in Atlantic City, as he said, by the time he actually pulled out? Can we - can you tell whether he made money or lost money?

O'HARROW: Oh, I think he made money. The degree to which he made money and how he made it I think is open to question. I would like to get specifics. But getting specifics on the actual dollar value and how they're anchored to particular deals and bottom lines is a very difficult thing. But I think that probably the - the - maybe the thing that is more illuminating for me is the reaction that people had after he was gone. And Steven Perskie - again, I think his voice is interesting. And he said to me this.

"Trump was welcomed with open arms by everybody. And he provided the sense that he was able to do everything he promised, Perskie told me a few months ago. He said, his name and his legacy in the city were significantly tarnished. The business community and regulators no longer accepted the music of the Pied Piper."

I thought that was really an interesting statement from a man that in some ways helped Trump get through the bankruptcies by allowing him to continue to do business."


Understand:  Trump issued junk bonds on the Taj even after he said he wouldn't.  Tose bonds went up in smoke when he declared bankruptcy


http://www.royalgazette.com/martha-myron/article/20161008/junk-bonds-and-tale-of-trump-haircut



An article by Allan Sloan in Newsday magazine from 1991 explains why the banks didn't want Trump using junk bonds on his real estate yet again.

https://www.washingtonpost.com/archive/business/1991/01/02/the-year-junk-bonds-bombed-trump-slumped-and-lorenzo-bailed-out/74c70251-9e82-46e6-8ff0-43d63cc18f30/?utm_term=.bae2ff1d6083

My three best predictions of the year -- the collapse of the junk bond market, the fall of Donald Trump and the bankruptcy of the Frank Lorenzo airline empire -- were all simple logic, if you think the way I do.

Early in 1990, anyone with two eyes, half a brain and an open mind could see that the junk bond market, in its late 1980s form, was finished. Dead, kaput. In the 1980s junk was a Tinker Bell market -- everyone clapped and believed in junk bonds, so there was a market, even though many junk issuers were financially unsound. When Michael Milken was driven out and everyone finally stopped believing, you had a market in which you could buy all the junk bonds you wanted, you just couldn't sell them at a reasonable price. Junk bonds, to quote one of my February columns, became a financial Roach Motel. You can check in, but you can't check out.

That made calling the fall of Donald Trump easy. Especially after Forbes magazine, in April, published Trump's balance sheet. Do a little forensic accounting, and you saw that Trump had almost no cash cushion and his properties weren't producing enough cash to pay his interest bills, and that the only way he would emerge with anything other than his mouth is by making deals with his lenders, those poor souls. I've missed a prediction or two on The Donald, but in all, my record on Trump's deals is lots better than Trump's is.


I made the Lorenzo call with help from my Newsday colleague Glenn Kessler, who covered the Eastern Airlines bankruptcy. I realized that the deficit in Eastern's pension fund could sink Lorenzo's whole empire because the U.S. Pension Benefit Guaranty Corp. wasn't letting him walk way from it. So Lorenzo's empire, which included Continental Airlines and Continental Airlines Holdings (nee Texas Air Corp.) went under, as I predicted. But Lorenzo managed to bail out ahead of the crash, which I hadn't predicted.

Once you realize that junk bonds were gone, you realized that junk bank loans would vanish too. Which is why I was sure that the two employee bids for United Airlines would fail, as they did.



 The Bermuda Investment Primer Series.

The recent focus on Donald Trump’s leaked (or however the information was obtained) 1995 partial personal tax return by the New York Times brings up the very interesting topic of junk bonds.

The enormous loss of almost $1 billion — considered a lot more significant 20 years ago — stated on the above tax return was attributed, by various analysts, to the financing structures of a casino and possibly other large-scale developments.

What does junk have to do with bonds and financing? Don’t most people take a loan known as a mortgage to purchase or build property? Well, no, not always. In fact, in business circles, other financing forms probably take precedent.

At this juncture, we will just take a brief look** (see link at US Securities & Exchange filing below — an extremely tedious, highly detailed multi-page look at a complicated corporate / partnership operation) at one business structure, the Trump Taj Mahal in Atlantic City, launched in 1990 by Mr Trump. The new venture was supported with a series of bond issues, paying an estimated 11 per cent interest rate annually to the bondholders, to fund acquisition and construction.

Those were heady days (oops, not a reference to the famous hair style) even though it was only a few years after the infamous 1987 Black Monday stock market crash. The hype was that Atlantic City was to receive much needed revitalisation and many, many people stood to benefit from the influx of new businesses.

However, in rather short order, probably not more than a year later in 1991, the Trump Taj casino model was deemed not sustainable according to the US SEC report — meaning that there was insufficient cash flow to meet the debt obligations to the bondholders for their interest and principal payments.

The entire scheme was placed into a legal structure of reorganisation and renegotiation of repayment terms by the debtors of the corporation. In investment jargon terms, creditors of the Trump Taj had to accept a “haircut” or another form of ownership in lieu of debt repayment.

What on earth does all this mean? We will explore the concept of bonds, conversions, repayments, junk or quality credit ratings, risk coupon versus yield, market interest rates, discounts and premiums, surety bonds with guarantees and yes, haircuts and as many other basic components that we can — without boring you to tears, or having you turn off learning in frustration.

Bonds appeared first on stone in 2400 BC in Mesopotamia***, where the payment of grain was guaranteed by a surety.   (Bill note: In Babylon!) Bonds then evolved into paper missives of a sort by the clever Venetians in the 11th to 14th centuries as government bonds to fund wars, then, bonds were upscaled into securities trading as annuities.

Various governments through the latter centuries, first by the Bank of England to fund wars against the French in 1693, then other countries followed suit delving into patriotic fervour to fund wars across continents, including the US Revolutionary war — where $27 million in the late 1700s was an astronomical sum.

In the early 1900s the US issued the first US Treasury bond, so called Liberty Bonds for funding the First World War.

Modern day bonds are used primarily for finance, investments, capital structures, economic money flow circulation, and business commerce. And we hope, not for war.

Bonds are fascinating things. One might say that they are formalised versions of informal gentlemen’s handshake, or a complex version of a simple IOU between friends, but no matter the shape, they are still a promise to repay. They are almost never considered ownership of an asset — but an agreement between the borrower and the lender.

Ordinary bonds can be confused with mortgages, but the big difference there is that a mortgage has attached collateral giving the lender the right to liquidate the property, the equipment, or something of more than equal value in order to be repaid.

How then does a bond work? Someone, or many, thousands of years ago had a brilliant idea. Instead of one friend, or hundreds of friends, neighbours, businesses, loaning another money in exchange for interest income and hoping for a repayment down the road, why not make the act of borrowing and lending an independent security.

A real stand-alone legal entity contract, so to speak, that can bring bonds for purchasing and selling right to the public, is called a bond indenture, a deed of trust. The trust indenture is a complex binding document between an appointed trustee and the bond issuer, who may be a government, a corporation or another form of commercial structure.

A quick aside to wrap up the end of part one of this section of the series. Junk bonds, by definition, almost always offer very high rates of interest when compared to market interest rates of the same time frame. They are considered much higher risk, than say a US Treasury Bond or a Canadian government bond. And more often than not, junk bonds do not return all of the original principal invested, thus the name.

Teaching or writing about investments during Bermuda finance employment positions, I liked to refer to The Donald bonds — which were listed every day in the print in the Wall Street Journal — heavens, old-fashioned newspapers. Everyone knew who Mr Trump was even way back then.

My question was always the same, whether the bonds were from Trump, or from Brazil or Argentina — that were often listed close by, do you think you will get your full amount of the bond principal back?

For instance, more than once, the 2002 year comes to mind, Argentina government bondholders watched as Argentina bonds, at that time paying about 14 per cent interest, went into default while the government defiantly stated they would pay only a lower percentage of the principal back. Around 30 per cent of the principal investment was offered and many small investors accepted.

Large creditor bondholders fought back, but it took 14 years to finally settle early this year — 75 per cent of the principal will be returned to them.


Now one would that banks and other financial institutions wold learn a lesson from Trump's ways and eliminate junk bonds.  Well they did learn a lesson but it wan't that one.

Business schools from Harvard on down have been caught up with the Korda effect.  Michael Korda wrote a book called Power which basically told everyone in business to go get what they can for themselves. It appeared in the mid 970's and so I take it as an early example of the deception game for business success.  many other such books followed.  Harvard has been teaching business using the book The Art Of War as their main model for how to succeed.  The book involves doing whatever is needed to win in the battle from lying ans cheating to more subtle forms of attacking your boss behind his back while you honor hi to his face. A Harvard MBA gets you into the larf=gest corporations and everyone there is essentially doing the same thing.

So if you have business people taught to get everything for themselves then logically it doesn't matter who gets hurt along the way so long as the business person wins.

So with the mentality in mind, this is what they learned from Trump:

1) Junk bonds can make YOU a ton of money.  Recall Trump used his massive personally assured business losses to claim enough personal losses to avoid income tax for about 20 years.  All the while claiming how rich he was.

2) The law is a nasty thing that can get in our way.

Fortunately for those who were rich and wanted to get richer, the Tea Party movement began.  It featured libertarian ideas of ending government watchdog agencies and repackaged them around Christian sounding ideas.  Actual libertarians are usually atheists and atheism is even in their party's platform.  But they used the idea of keeping government out of religion and preaching an end to big government to disguise that they wanted to assure Big Business of an very unlevel playing field. Under the Bush II administration they took advantage of rule relaxation from the Clinton Administration.  Financial watchdog agencies were gutted and laws were passed that allowed banks and insurance companies and brokerage firms to intermingle.   One could own the other could own the other could own...  Laws to prevent the collapse of the economy as it had under Hoover were vacated or routinely ignored.

3) Everyone needs to be in on it.

Real estate programs were huge in the 90's and the idea of becoming a millionaire by buying and selling properties flourished.   Many people did but they knew how to work finances and how to develop the actual plan to do it,  Many did not and ended up ruined.  Those stories never made it to late night infomercials.

Debt became a hot commodity.  The more debt a bank could accrue the more bonuses were paid to bank officers and real estate lenders.  The stock broker mentality was everywhere. It was summed up in The Wolf of Wall Street: "Move the money from their pocket to yours."

I recall when in was buying penny stocks.  I had one that I purchased at $ .25 a share and I checked it one evening to see that I now had $7000 dollars worth of stock.  I went to my broker the next morning to sell it and talk with him about a couple other purchases.  When I told him how much I had made (This is a guy I played Little League baseball with and who graduated from high school with me), he got a worried look on his face.  He seemed really disturbed.   He quickly looked up the stock, saw the listing, then did some checking.  He finally actually got a relieved look, hung up his phone and said, "They split the stock."

http://www.investopedia.com/ask/answers/113.asp

"All publicly-traded companies have a set number of shares that are outstanding on the stock market. A stock split is a decision by the company's board of directors to increase the number of shares that are outstanding by issuing more shares to current shareholders. For example, in a 2-for-1 stock split, an additional share is given for each share held by a shareholder. So, if a company had 10 million shares outstanding before the split, it will have 20 million shares outstanding after a 2-for-1 split.

"A stock's price is also affected by a stock split. After a split, the stock price will be reduced since the number of shares outstanding has increased. In the example of a 2-for-1 split, the share price will be halved. Thus, although the number of outstanding shares and the price change, the market capitalization remains constant.

"A stock split is usually done by companies that have seen their share price increase to levels that are either too high or are beyond the price levels of similar companies in their sector. The primary motive is to make shares seem more affordable to small investors even though the underlying value of the company has not changed."

Except, in this case, the company had reduced the number of my shares so that I had a much smaller holding of the larger value. This use of the "tool" resulted in me not gaining any value on my common stock.  But my old friend did get his commission.  My broker was relieved because the system as he understood it worked.  I wasn't supposed  to get a lot of money on my investment.


4) But junk bonds have to be properly marketed so the seller can actually sell them to someone else.

Hence the CDO:

A structured financial product that pools together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors. A collateralized debt obligation (CDO) is so-called because the pooled assets – such as mortgages, bonds and loans – are essentially debt obligations that serve as collateral for the CDO. The tranches in a CDO vary substantially in their risk profile. The senior tranches are relatively safer because they have first priority on the collateral in the event of default. As a result, the senior tranches of a CDO generally have a higher credit rating and offer lower coupon rates than the junior tranches, which offer higher coupon rates to compensate for their higher default risk.

BREAKING DOWN 'Collateralized Debt Obligation - CDO'
As many as five parties are involved in constructing CDOs:

Securities firms, who approve the selection of collateral, structure the notes into tranches and sell them to investors;
CDO managers, who select the collateral and often manage the CDO portfolios;
Rating agencies, who assess the CDOs and assign them credit ratings;
Financial guarantors, who promise to reimburse investors for any losses on the CDO tranches in exchange for premium payments; and
Investors such as pension funds and hedge funds.
The earliest CDOs were constructed by Drexel Burnham Lambert – the home of former “junk bond king” Michael Milken – in 1987 by assembling portfolios of junk bonds issued by different companies. Securities firms subsequently launched CDOs for a number of other assets with predictable income streams, such as automobile loans, student loans, credit card receivables and even aircraft leases. However, CDOs remained a niche product until 2003-04, when the U.S. housing boom led the parties involved in CDO issuance to turn their attention to non-prime mortgage-backed securities as a new source of collateral for CDOs.

CDOs subsequently exploded in popularity, with CDO sales rising almost 10-fold from $30 billion in 2003 to $225 billion in 2006. But their subsequent implosion, triggered by the U.S. housing correction, saw CDOs become one of the worst-performing instruments in the broad market meltdown of 2007-09. The bursting of the CDO bubble inflicted losses running into hundreds of billions on some of the biggest financial institutions, resulting in them either going bankrupt or being bailed out through government intervention, and contributing to escalation of the global financial crisis during this period.


Now here's Anthony Bourdain talking about how junk real estate bonds from all those houses that were bought by under financed  (read poor) citizens  were melded with other bonds to make them look good before the major economic crash of 2008.

https://www.usatoday.com/story/life/entertainthis/2016/02/22/watch-why-selena-gomez-explained-economics-big-short/80769978/

The Selena Gomez section explains that essentially the various banks and lending houses were taking a gamble on the various junk bonds and junk bond/Triple A (best)bond mixes (the fish stew in Bourdain's analogy) created by their owners because the relaxed or eliminated laws allowed them to do that and seem to make lots of money and get their "commissions" and bonuses. .  One house would buy the doomed bonds, then resell them to another and, thanks to derivative mixes another would then bet on the stock succeeding and, since everyone was betting on it succeeding it had a very good chance to win.  Then the people who bought houses with cheap loans began to default and everything fell like a house of cards in the wind,  This was why everyone was moaning when Gomez lost her bet in the film clip.  Plus almost every insurance company in the world  was someone signed on to insure those bond mixes and the derivative (again part of the law so the brokerage firm had someone o cover them, but, of curse, NOT their investors) and they would have taken monumental losses on the falling card house.  seeing everything financial going down and seeing the banks had no money to cover the losses, that the FDIC which covers bank losses didn't have enough money to cover the losses since the USA had burned up a lot of it's money fighting a war on terror,  triggered the general collapse,  But you need to realize the brokers and banks had sold these dogs world wide. Hence, Great Recession.


Now understand clearly that this should never have happened, there was a major stock market crash in 1998.  One that didn't crush everything because it didn't have everyone in it.  This was caused by hedge funds collapsing.  So what's a hedge fund?

http://www.investopedia.com/terms/h/hedgefund.asp


'Hedge funds are alternative investments using pooled funds that employ numerous different strategies to earn active return, or alpha, for their investors. Hedge funds may be aggressively managed or make use of derivatives and leverage in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark). It is important to note that hedge funds are generally only accessible to accredited investors as they require less SEC regulations than other funds. One aspect that has set the hedge fund industry apart is the fact that hedge funds face less regulation than mutual funds and other investment vehicles.

BREAKING DOWN 'Hedge Fund'

Each hedge fund is constructed to take advantage of certain identifiable market opportunities. Hedge funds use different investment strategies and thus are often classified according to investment style. There is substantial diversity in risk attributes and investments among styles.

Legally, hedge funds are most often set up as private investment limited partnerships that are open to a limited number of accredited investors and require a large initial minimum investment. Investments in hedge funds are illiquid as they often require investors keep their money in the fund for at least one year, a time known as the lock-up period. Withdrawals may also only happen at certain intervals such as quarterly or bi-annually.

The History of the Hedge Fund
Former writer and sociologist Alfred Winslow Jones’s company, A.W. Jones & Co. launched the first hedge fund in 1949. It was while writing an article about current investment trends for Fortune in 1948 that Jones was inspired to try his hand at managing money. He raised $100,000 (including $40,000 out of his own pocket) and set forth to try to minimize the risk in holding long-term stock positions by short selling other stocks. This investing innovation is now referred to as the classic long/short equities model. Jones also employed leverage to enhance returns.

In 1952, Jones altered the structure of his investment vehicle, converting it from a general partnership to a limited partnership and adding a 20% incentive fee as compensation for the managing partner. As the first money manager to combine short selling, the use of leverage, shared risk through a partnership with other investors and a compensation system based on investment performance, Jones earned his place in investing history as the father of the hedge fund.

"Hedge funds went on to dramatically outperform most mutual funds in the 1960s and gained further popularity when a 1966 article in Fortune highlighted an obscure investment that outperformed every mutual fund on the market by double-digit figures over the past year and by high double-digits over the last five years.

"However, as hedge fund trends evolved, in an effort to maximize returns, many funds turned away from Jones' strategy, which focused on stock picking coupled with hedging and chose instead to engage in riskier strategies based on long-term leverage. These tactics led to heavy losses in 1969-70, followed by a number of hedge fund closures during the bear market of 1973-74.

"The industry was relatively quiet for more than two decades until a 1986 article in Institutional Investor touted the double-digit performance of Julian Robertson's Tiger Fund. With a high-flying hedge fund once again capturing the public's attention with its stellar performance, investors flocked to an industry that now offered thousands of funds and an ever-increasing array of exotic strategies, including currency trading and derivatives such as futures and options.

"High-profile money managers deserted the traditional mutual fund industry in droves in the early 1990s, seeking fame and fortune as hedge fund managers. Unfortunately, history repeated itself in the late 1990s and into the early 2000s as a number of high-profile hedge funds, including Robertson's, failed in spectacular fashion. Since that era, the hedge fund industry has grown substantially. Today the hedge fund industry is massive—total assets under management in the industry is valued at more than $3.2 trillion according to the 2016 Preqin Global Hedge Fund Report. 

"The number of operating hedge funds has grown as well. There were around 2,000 hedge funds in 2002. That number increased to over 10,000 by 2015. However, in 2016, the number of hedge funds is currently on a decline again according to data from Hedge Fund Research. Below is a description of the characteristics common to most contemporary hedge funds.

Key Characteristics of Hedge Funds

"1. They're only open to "accredited" or qualified investors:  Hedge funds are only allowed to take money from "qualified" investors—individuals with an annual income that exceeds $200,000 for the past two years or a net worth exceeding $1 million, excluding their primary residence. As such, the Securities and Exchange Commission deems qualified investors suitable enough to handle the potential risks that come from a wider investment mandate.

"2. They offer wider investment latitude than other funds: A hedge fund's investment universe is only limited by its mandate. A hedge fund can basically invest in anything—land, real estate, stocks, derivatives, and currencies. Mutual funds, by contrast, have to basically stick to stocks or bonds, and are usually long-only.

3. They often employ leverage: Hedge funds will often use borrowed money to amplify their returns. As we saw during the financial crisis of 2008, leverage can also wipe out hedge funds.

4. Fee structure: Instead of charging an expense ratio only, hedge funds charge both an expense ratio and a performance fee. This fee structure is known as "Two and Twenty"—a 2% asset management fee and then a 20% cut of any gains generated.

There are more specific characteristics that define a hedge fund, but basically, because they are private investment vehicles that only allow wealthy individuals to invest, hedge funds can pretty much do what they want as long as they disclose the strategy upfront to investors. This wide latitude may sound very risky, and at times it can be. Some of the most spectacular financial blow-ups have involved hedge funds. That said, this flexibility afforded to hedge funds has led to some of the most talented money managers producing some amazing long-term returns.

The first hedge fund was established in the late 1940s as a long/short hedged equity vehicle. More recently, institutional investors – corporate and public pension funds, endowments and trusts, and bank trust departments—have included hedge funds as one segment of a well-diversified portfolio.

It is important to note that "hedging" is actually the practice of attempting to reduce risk, but the goal of most hedge funds is to maximize return on investment. The name is mostly historical, as the first hedge funds tried to hedge against the downside risk of a bear market by shorting the market. (Mutual funds generally don't enter into short positions as one of their primary goals). Nowadays, hedge funds use dozens of different strategies, so it isn't accurate to say that hedge funds just "hedge risk." In fact, because hedge fund managers make speculative investments, these funds can carry more risk than the overall market.

Below are some of the risks of hedge funds:

  1. Concentrated investment strategy exposes hedge funds to potentially huge losses.

  2. Hedge funds typically require investors to lock up money for a period of years.

  3. Use of leverage, or borrowed money, can turn what would have been a minor loss into a significant loss."


That mild notation about the  late 1990's   is the way most business reporting treats the failure of any financial "device."

From THE RETURN OF DEPRESSION ECONOMICS by Paul Krugman.

"In the summer of 1998, the balance sheets of the world's hedge funds were not only huge but immensely complex.\\Still, there was a pattern.  typically, these funds were short on assets that were safe-not likely to plunge in value-and liquid- that is easy to to sell if you needed cash.  
At the same time, they were long in assets that were risky and illiquid...

"The general principle here was that historically markets have tended to place a rather high premium on both safety and liquidity,  because small investors were risk-averse and never knew when they might need to cash out.  this offered the opportunity to big operators, who could minimize the risk by careful diversification (buying a mix of assets, so that gains on one would normally offset losses on another), and who would not normally find themselves in need of cash.  Ii was largely by exploiting these margins that hedge finds made so much money, year after year. 

"By 1998, many people understood the basic idea.

The result was funds stretching to find new opportunities and new resources.  Lots of funds going after limited investment opportunities.  

"What nobody realized until it happened was that the competition among hedge funds to exploit  opportunities had created a sort of financial doomsday machine."

So a fund would take a risk on bad bonds.  The bonds would fail and their investors would demand  money back.  Since hedge finds don't keep a lot of liquid assets, they would have to sell their stronger position stocks,  Except they owned so much f the stock that their selling it made the stock plunge in value.  And a second fund has invested in the same stocks because the finds were all thinking alike.  Worse, since the first fund selling caused the "secure" investment to tank, the second fund, owning a lot of that stock had to sell it to recoup some losses to lay their investors.  

Which revealed something terrible to the hedge finds of that day:

"You see, it turned out that the hedge funds had been so assiduous about arbitragng away liquidity that FOR MANY ILLIQUID ASSETS, they were the market.  when they all tried to sell at once, there were no alternative buyers."

In the midst of the crisis, "Commercial mortgage backed securities-the financial instruments that indirectly fund most nonresidential real estate construction-could not be sold at all.  At one meeting I attended participants ask a Federal Reserve official who described the situation what could be done to resolve it. "Pray, " he replied."

The failing of the hedge finds who were essentially selling the same kind of mixed product as EVERYONE would not ten years later put financial safety at risk.  And one fund failing precipitated the need for a cure to the problem.  Long Term Capitol Management lost value and plummeted from it's highs to new lows.  This was a fund with two Nobel laureates on board whose rep had built a considerable clientele.  

Long-Term Capital Management L.P. (LTCM) was a hedge fund management firm[1] based in Greenwich, Connecticut that used absolute-return trading strategies combined with high financial leverage. The firm's master hedge fund, Long-Term Capital Portfolio L.P., collapsed in the late 1990s, leading to an agreement on September 23, 1998, among 16 financial institutions—which included Bankers Trust, Barclays, Bear Stearns, Chase Manhattan Bank, Credit Agricole, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, JP Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, Paribas, Salomon Smith Barney, Societe Generale, and UBS—for a $3.6 billion recapitalization (bailout) under the supervision of the Federal Reserve.[2]


LTCM was founded in 1994 by John W. Meriwether, the former vice-chairman and head of bond trading at Salomon Brothers. Members of LTCM's board of directors included Myron S. Scholes and Robert C. Merton, who shared the 1997 Nobel Memorial Prize in Economic Sciences for a "new method to determine the value of derivatives".[3] Initially successful with annualized return of over 21% (after fees) in its first year, 43% in the second year and 41% in the third year, in 1998 it lost $4.6 billion in less than four months following the 1997 Asian financial crisis and 1998 Russian financial crisis, requiring financial intervention by the Federal Reserve, with the fund liquidating and dissolving in early 2000.

And then the main thing Trump taught, that Iacocca taught when he pleaded for government money for Chrysler:

"And suddenly it became clear that LTCM had become so large a player in the markets that if it failed and its positions were liquidated it might precipitate a full-scale panic."

Only the Fed stepping in and lowering interest rates so failing institutions could borrow enough at a cheap rate bailed that one out.

So everyone  involved in the real collapse of 2008  had ample warning not to do any of their maneuvering.  They even had the Great Depression of the Hoover era to warn them.

But conservatives like Bush adviser Karl Rove held Hoover in high esteem and they long fooled themselves into thinking FDR  and his social programs to stimulate the economy were not the end of the Depression, it was World war II which actually stimulated the US economy.  This underpins much if Neo-conservative/Tea Party/Republican philosophy even though they also watched the war on terror ruin the US economy.  A part of that delusion.

And then you have the Great Hypocrisy. 

5)  You need to be too big to fail.  It is public knowledge that 5 million lost their jobs in the US alone in 2008.  (I was one of them,)  Also public knowledge was the huge multi-billion dollar bail outs given banks with  no requirement for repayment.  Thanks to the right and left wing pols who wanted to keep the machine of buying and selling  going. 

And many of those politicians from then fought against Obama bail outs of the auto companies to save jobs because "the government shouldn't rescue failing institutions."  Oh, and they demanded the auto companies pay back the loans, which they did.  

The deception of selfishness.    Don't rescue this institution because it has unions and they don't vote "our" way.  Don't save jobs, save the rich.  

This is hardly just a conservative bent.  During the Great Depression, FDR took us off the gold standard and confiscated all the gold in the country.  EXCEPT some months later he reneged a  it and  allowed the trading in gold coins which many rich had held in secret, since they were the only ones who could even afford to keep them at that time.  

As we mentioned hedge funds still exist,  Now to come full circle.



"During the past decade, Mercer, who is seventy, has funded an array of political projects that helped pave the way for Trump’s rise. Among these efforts was public-opinion research, conducted by Caddell, showing that political conditions in America were increasingly ripe for an outsider candidate to take the White House. Caddell told me that Mercer “is a libertarian—he despises the Republican establishment,” and added, “He thinks that the leaders are corrupt crooks, and that they’ve ruined the country.”

(Keep in mind the way hedge funds were rescued not that long ago.)

'Trump greeted Caddell warmly in North Charleston, and after giving a speech he conferred privately with him, in an area reserved for V.I.P.s and for White House officials, including Stephen Bannon, the President’s top strategist, and Jared Kushner, Trump’s son-in-law. Caddell is well known to this inner circle. He first met Trump in the eighties. (“People said he was just a clown,” Caddell said. “But I’ve learned that you should always pay attention to successful ‘clowns.’ ”) Caddell shared the research he did for Mercer with Trump and others in the campaign, including Bannon, with whom he has partnered on numerous projects.

"The White House declined to divulge what Trump and Caddell discussed in North Charleston, as did Caddell. But that afternoon Trump issued perhaps the most incendiary statement of his Presidency: a tweet calling the news media “the enemy of the American people.” The proclamation alarmed liberals and conservatives alike. William McRaven, the retired Navy admiral who commanded the 2011 raid that killed Osama bin Laden, called Trump’s statement a “threat to democracy.” The President is known for tweeting impulsively, but in this case his words weren’t spontaneous: they clearly echoed the thinking of Caddell, Bannon, and Mercer. In 2012, Caddell gave a speech at a conference sponsored by Accuracy in Media, a conservative watchdog group, in which he called the media “the enemy of the American people.” That declaration was promoted by Breitbart News, a platform for the pro-Trump alt-right, of which Bannon was the executive chairman, before joining the Trump Administration. One of the main stakeholders in Breitbart News is Mercer.

(Keep in mind this IS media that they own.)


"Mercer is the co-C.E.O. of Renaissance Technologies, which is among the most profitable hedge funds in the country. A brilliant computer scientist, he helped transform the financial industry through the innovative use of trading algorithms. But he has never given an interview explaining his political views. Although Mercer has recently become an object of media speculation, Trevor Potter, the president of the Campaign Legal Center, a nonpartisan watchdog group, who formerly served as the chairman of the Federal Election Commission, said, “I have no idea what his political views are—they’re unknown, not just to the public but also to most people who’ve been active in politics for the past thirty years.” Potter, a Republican, sees Mercer as emblematic of a major shift in American politics that has occurred since 2010, when the Supreme Court made a controversial ruling in Citizens United v. Federal Election Commission. That ruling, and several subsequent ones, removed virtually all limits on how much money corporations and nonprofit groups can spend on federal elections, and how much individuals can give to political-action committees. Since then, power has tilted away from the two main political parties and toward a tiny group of rich mega-donors.


So now a hedge fund operator funds Trump who might have been referred to as "the junk bond of the candidates". A rich man complaining about how the people aren't heard and it turns out the people he wants heard are rich ones of a different opinion.  

Do you see the deception throughout?  Junk bonds are junk so they had to be dressed up with nicer AAA rated bonds only to bring down all the higher rated bonds they were deceptively meshed with.  junks themselves are a deception that there is worth to the bad real estate investment they represent.  All allowed because Christian people IN government charged with doing careful governing act out of a belief that governing is itself wrong.  Daffy Duck does indeed seem to be in charge of the sinking ship.  He even seems to be planting explosives with the intent of blowing it out of the water so it won't sink.  

 And all of them hover around the shoulders of a newly elected President who seems unable to stop tweeting and damaging his own causes.
  


Saturday, June 3, 2017

                    THE RAPTURE OF THE CHURCH IN AN AGE OF DECEPTION I

A little more time on the Rapture.  It is the beginning of our Final Flesh so it behooves me to spend more time on it and see different focuses.

We start with the Olivet Discourse.  It was delivered on the Mount of Olives midst ancient olive trees with the scent of olives and the nearby olive presses and the sound of all the daily life going on around the disciples as Jesus began telling them in answer to their question of what would happen at the end of the world.

Mt 24:1 And Jesus went out, and departed from the temple: and his disciples came to him for to shew him the buildings of the temple.
 2 And Jesus said unto them, See ye not all these things? verily I say unto you, There shall not be left here one stone upon another, that shall not be thrown down.
 3 And as he sat upon the mount of Olives, the disciples came unto him privately, saying, Tell us, when shall these things be? and what shall be the sign of thy coming, and of the end of the world?
 4 And Jesus answered and said unto them, Take heed that no man deceive you.
 5 For many shall come in my name, saying, I am Christ; and shall deceive many.
 6 And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet.
 7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
 8 All these are the beginning of sorrows.
 9 Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name's sake.
 10 And then shall many be offended, and shall betray one another, and shall hate one another.
 11 And many false prophets shall rise, and shall deceive many.
 12 And because iniquity shall abound, the love of many shall wax cold.
 13 But he that shall endure unto the end, the same shall be saved.
 (KJV)

We begin with the idea of deception because Jesus started there.  He wanted them to see that deception was the start of everything wrong.  Recall we mentioned that in Eden many. many posts ago.

God puts it toward the start of everything.  Right after He created perfection.  In popped deception.

You will recall the Devil and his lines.  They don't bare repeating but he has so many variations on a theme that we will repeat them.

"Did God really say that?"

Keep it in mind.  There will be a quiz later.

"Abortion is a right,"

"Thou shalt not kill."

"He killed my son so I killed him."

"For God so loved the world that He GAVE His only begotten son that whosoever shall believe on Him shall have eternal life."

"I  personally interviewed every teacher in Trump U."

"Thou  shall not bear false witness."

"I did not have sexual relations with that woman."

"Thou shalt  not  ear false witness."

"I only claimed so much on  my taxes."

"Though shalt not covet."

Yes, God really said that.  And  we're not paying attention.  And there are times each of us fails to pay attention.    We don't really believe "Do unto others" except to add "Before they do it unto you."
And we think the Golden Rule means what the King of Id did:  "Whoever has the o]gold, males the rules.

"God didn't mean it.  Not really."

"Yes," he said sarcastically, "because God is in the habit of saying stuff he doesn't mean."

No, that's the other guy, that rowdy friend you're Mom told you not to hang out with.  The one who's always accusing others of the things he does.

"You will not surely die."

And, if you believe that...But then again, we all kind of do.

Our adult selves have made a religious segment of it called "reincarnation."  We don't really die.  Our spirit goes on and inhabits trees and frogs and water buffalo and other people on a journey to perfection and Nirvana.

We create an answer to the unknown by pretending we know and then calling it religion and getting others to agree with us as if the life after death is am matter of democracy.

"We vote for a do-over.  Everyone in favor gets to come back. All in favor?"

Except one of the things God really said was:

Heb 9:25 And he did not have to make an offering of himself again and again, as the high priest goes into the holy place every year with blood which is not his;
 26 For then he would have undergone a number of deaths from the time of the making of the world: but now he has come to us at the end of the old order, to put away sin by the offering of himself.
 27 And because by God's law death comes to men once, and after that they are judged;
 28 So Christ, having at his first coming taken on himself the sins of men, will be seen a second time, without sin, by those who are waiting for him, for their salvation.
 (BBE)

Because, you see, the deceptions segments are linked.

When we are young, we all seem to think we are immortal. We climb trees too tall.  We go swimming after eating.  We get to our teens and drive motorcycles without helmets.  We go as fast as we can in the coolest car we can own and thrill at the speed.  We eat anything fried for the taste not the healthy process of digestion.  We drink until we're drunk because we can.  We smoke anything that can be wrapped in cigarette paper.  We follow any leader that tells us what we want to hear, like our country will be forever even though every evidence says  countries only last about 200 years.

We are immortal.  Our nation which we identify with is immortal.  The ones we love must be immortal as well.

Then reality sets in.  A grandparent passes on.  A child we know drowns or is killed by a car or a gun  accident.  Or shot in the street by some maniac.  The time of the reality of death for us can vary widely with wherever you live.

Then we obsess.  We go on diets.  We exercise every day.   We run.  We lift weights.  We injure our ankles and feet and our backs working so hard to get fit, to best death.  we buy guns.  Sometimes LOTS fo guns, building an arsenal to protect us.  Because that big immortal government turned out to be a big immortal villain in our minds. So we buy semiautomatic AK-47s and anything as big or bigger and we stock up on ammunition and body armor and we're ready for the war because we are certain the government is out to get us never realizing they wouldn't be out to get us if we hadn't stocked up on all the weapons. Our fear of the death we have realized causes the situation which brings us a step closer to that death with the insane notion that: "At least we'll take as many of THEM with us as possible.

And our fear of that death powers our search for love.  We want something that speaks of life.  We search for the one, the ONE.  The person to quell all our fears and our feeling that it is hopeless. that this life empties itself out around us rather than fills us up.  The feeling that time is taking away rather than enlarging us.  That we are withering instead of growing.

Sometimes we find that person to fill all our needs. And then they let us down.  Psychology may miss the mark on  some things but on that one it gets it right.  No one can fulfill all our needs.  First, because the one we seek is Christ and second because they can't be Christ and die for us when they don't even know what THEY are living for most times. And, third, because they are looking for someone to fulfill all their needs and WE aren't it either.

And the pain.  Often, I think we fear death because of the pain.  We learn there is pain in living and we want that loved one to end the emotional pain, at least, but then they can't do it for more than  a moments's time and then we are back facing it and we just want the pain to end.  Oh,  we get used to it. For instance, I can live with the arthritis that is slowly advancing in my body, but the pain killers make it easier.  It is a pain dilemma;  arthritis seeks to freeze the body's bones in permanent position and the body must move often to resist the pull, but there is pain in  the movement.

In fact, that is the truth of our pain: it is God saying, "You are human.  The pain proves sin and the sin proves you are fallen and struggling and you must listen to me to get free.  So long as you live in the fallen flesh that you have analyzed and sifted over and come to understand  ganglia and firing neurons and synapse and tendons tied by ligaments and all that, so long as you live there, you will always know that what you need is Jesus.  Not as an anesthetic. though you will use Him that way. Not as a diversion, not as a distraction from all the agony about you."

That is why the idols insult God so much.  They diminish the love they divert.  They make us see Christ as smaller than He is, as our servant instead of us as His servants.  We see him a someone build=t for us, as less than a person.  Recall they are seen as the earliest form of pornography.  Just a porn reduces women to images of sexual organs and willing slave, so do idols reduce God to a collection of our wants and needs and our demands that they be met.

Even as we demanded it of our lovers, our spouses, even, at times, of our friends.

We want the world and everyone in it, plus everyone in  heaven, to live for us, with our immediate longings as their purpose.  Why do you think "name it and claim it" is so huge in churches?  It tells us just the lie I've been repeating.

Because the idea of immortality links directly to that next deception.

"You will be like God."

Which is more to the point of "name it/claim it."  We  misinterpret who God is.  We see him through our fallen flesh eyes.  We think He must be like us.  He has his desires and His wishes and He gets everything He wants.  He names it and claims it.  And we are saved, hae Him in us, so we can name it and claim it to.  We are like God.

That is one reason the story is so hard to believe.  God can have anything, create anything, do anything.  Why would He bother with us, creating us to begin  with, putting up with all our idiocy along the way? So He must have motives.  Herbert Armstrong thought He wanted replacement angels.  Sons of God misinterpreted again since we are told we will judge angles.

 1Co 6:2 Is it not certain that the saints will be the judges of the world? if then the world will be judged by you, are you unable to give a decision about the smallest things?
 3 Is it not certain that we are to be the judges of angels? how much more then of the things of this life?
 4 If then there are questions to be judged in connection with the things of this life, why do you put them in the hands of those who have no position in the church?
 5 I say this to put you to shame. Is there not among you one wise man who may be able to give a decision between his brothers?
 (BBE)

We read the Bible only so far and stop when it gets to the part we like.

Why would He bother except to make us gods?  Look at Wonder Woman.  The latest comic book myth to movie is supposed to be a Goddess sculpted by Zeus and left in the care of an Amazon clan to be raised and taught fighting skills to face off against the God of War, Ares, if he shoud, rear his ugly head.  She hears of a war from a pilot that crash lands on her island, goes with him back to the war to face off with Aries.  Much fighting ensues.  In the process, she walks into No man's land with only her shield, bracelets, sword, golden lasso and shin guards and routs German forces who have been dug into trenches for years.  She eventually faces ff against Aries who has been disguised as a diplomatic officer and they have an epic battle all the while discussing the virtues and evils of man.

Aries, playing the part of Satan, dressed in horned helmet and all, points out he hasn't caused the war.  Men are evil and he merely "whispers" in their ears.  The writers are aware of Christianity as they are of the Greek myths. Wonder Woman is taken aback by her realization Aries is not the only cause of the war.  (World War I).  25 million are dead by the evil in men's souls.  One woman doctor has made poison gases and she alone has killed thousands, would kill  many more except that Wonder Woman's downed pilot who has become her lover, sacrifices himself while she battles Aries, to destroy the plane carrying the gases.  She seems nearly defeated and weak until his sacrifice stirs her.  At first she lashes out against the Germans around her, then turns her attention to Aries saying that men have evil in them but they are worth saving because they are capable of love.  Our goddesses need to learn we are worthy before they save us.  A mighty humanist message.

Except of course, Aries is still right. We are Fallen Flesh and we are capable of love only because we have the Holy Spirit around us restraining the evil in our hearts and restraining Satan from bringing it to full power.   If we see the Holy Spirit as our nurturer, the female side of God's Triune nature, then our Wonder Woman has been holding Aries back spiritually in a death battle since the beginning of the Fall.  And holds him  back still until he is withdrawn.
we have already discussed that.

We want to see ourselves as that God in us in that war. At battle with the sword and the shield and all the armor of spiritual warfare, but it is only that side of God working through us.

He didn't want us as anything but the bride. Whatever that may entail.

Because creating any other identity is delusion,  Is falling for the deception.

We have talked about His original deception before and here.  It has powered wars, religions. The destruction of marriages, countries, the planet, all for greed, selfishness.

That was a massive deception that keeps being whispered in our ears.

For Christ, he refined the attack.  He designed special temptations and they failed.  he took his best shot and it failed. flew off Jesus like he was Wonder Woman's  and the Bible verses were bracelets deflecting bullets.

But the master of deception  keeps  producing his children, false Christs who believe his deception.

Here is a brief record of Messiahs from Wikipedia.  (I exclude Jesus who was here because this is an atheist list.):

Simon of Peraea (c. Unknown – 4 BCE), a former slave of Herod the Great who rebelled and was killed by the Romans.[4]
Athronges (c. 3 CE),[11] a shepherd turned rebel leader.
Simon bar Kokhba (died c. 135), founded a short-lived Jewish state before being defeated in the Second Jewish-Roman War.
Moses of Crete, who in about 440–470 persuaded the Jews of Crete to walk into the sea, as Moses had done, to return to Israel. The results were disastrous and he soon disappeared.
Ishak ben Ya'kub Obadiah Abu 'Isa al-Isfahani (684–705), who led a revolt in Persia against the Umayyad Caliph 'Abd al-Malik ibn Marwan.
David Alroy, born in Kurdistan, who around 1160 agitated against the caliph before being assassinated.
Moses Botarel of Cisneros, active around 1413; claimed to be a sorcerer able to combine the names of God.
Asher Lämmlein, a German near Venice who proclaimed himself a forerunner of the Messiah in 1502.
David Reubeni (1490–1541?) and Solomon Molcho (1500–1532), messianic adventurers who travelled in Portugal, Italy and Turkey; Molcho, who was a baptised Catholic, was tried by the Inquisition, convicted of apostasy and burned at the stake.
Sabbatai Zevi (1626–1676), an Ottoman Jew who claimed to be the Messiah, but then converted to Islam; still has followers today in the Donmeh.
Jacob Querido (?–1690), claimed to be the new incarnation of Sabbatai; later converted to Islam and led the Donmeh.
Miguel Cardoso (1630–1706), another successor of Sabbatai who claimed to be the "Messiah ben Ephraim".
Löbele Prossnitz (?–1750), attained some following amongst former followers of Sabbatai, calling himself the "Messiah ben Joseph".
Jacob Joseph Frank (1726–1791), who claimed to be the reincarnation of King David and preached a synthesis of Christianity and Judaism.
Yosef Yitzchak Schneersohn (r. 1920–1950), sixth Rebbe (spiritual leader) of Chabad Lubavitch.[12][13]
Menachem Mendel Schneerson (1902–1994), seventh Rebbe (spiritual leader) of Chabad.[12][13][14][15][16][17][18][19][20][21][22]



And:

Simon Magus (early 1st century), was a Samaritan, and a native of Gitta; he was considered a god in Simonianism; he "darkly hinted" that he himself was Christ, calling himself the Standing One.
Dositheos the Samaritan (mid 1st century), was one of the supposed founders of Mandaeanism. After the time of Jesus he wished to persuade the Samaritans that he himself was the Messiah prophesied by Moses.[24] Dositheus pretended to be the Christ (Messiah), applying Deuteronomy 18:15 to himself, and he compares him with Theudas and Judas the Galilean.[24][25]
Tanchelm of Antwerp (c. 1110), who violently opposed the sacrament and the Eucharist.
Ann Lee (1736–1784), a central figure to the Shakers,[26] who thought she "embodied all the perfections of God" in female form and considered herself to be Christ’s female counterpart in 1772.[27]
Bernhard Müller (c. 1799–1834) claimed to be the Lion of Judah and a prophet in possession of the Philosopher's stone.
John Nichols Thom (1799–1838), who had achieved fame and followers as Sir William Courtenay and adopted the claim of Messiah after a period in a mental institute.[28]
Arnold Potter (1804–1872), Latter Day Saint schismatic leader; called himself "Potter Christ"
Hong Xiuquan (1814–1864), Hakka Chinese; claimed himself to be the younger brother of Jesus Christ; started the Taiping Rebellion and founded the Heavenly Kingdom of Great Peace. Committed suicide before the fall of Tianjing (Nanjing) in 1864.
Mirza Husayn 'Ali Nuri, Bahá'u'lláh (1817–1864), born Shiite, adopting Bábism later in life, he claimed to be the promised one of all religions, and founded the Bahá'í Faith.
Jacobina Mentz Maurer (1841 or 1842–1874) was a German-Brazilian woman who lived and died in the state of Rio Grande do Sul who emerged as a messianic prophetess, a representation of God, and later declared the very reincarnation of Jesus Christ on earth by her German-speaking community called Die Muckers (or the false saints) by her enemies, Die Spotters (or the mockers). After a number of deadly confrontations with outsiders, Jacobina was shot to death together with many of her followers by the Brazilian Imperial Army.
William W. Davies (1833–1906), Latter Day Saint (Mormon) schismatic leader; claimed that his infant son Arthur (born 1868) was the reincarnated Jesus Christ.
Cyrus Reed Teed (October 18, 1839 – December 22, 1908, erroneously Cyrus Tweed) was a U.S. eclectic physician and alchemist turned religious leader and messiah. In 1869, claiming divine inspiration, Dr. Teed took on the name Koresh and proposed a new set of scientific and religious ideas he called Koreshanity.
Abd-ru-shin (18 April 1875 – 6 December 1941), founder of the Grail Movement.[29][30][31][32]
Father Divine (George Baker) (c. 1880 – September 10, 1965), an African American spiritual leader from about 1907 until his death who claimed to be God.
André Matsoua (1899–1942), Congolese founder of Amicale, proponents of which subsequently adopted him as Messiah in the late 1920s.
Samael Aun Weor (1917–1977), born Víctor Manuel Gómez Rodríguez, Colombian citizen and later Mexican, was an author, lecturer and founder of the 'Universal Christian Gnostic Movement', according to him, 'the most powerful movement ever founded'. By 1972, he referenced that his death and resurrection would be occurring before 1978.[33]
Ahn Sahng-hong (1918–1985), founder of the World Mission Society Church of God and worshiped by the members as the messiah.[34]
Sun Myung Moon (1920–2012), founder and leader of the Unification Church established in Seoul, South Korea, who considered himself the Second Coming of Christ, but not Jesus himself.[35] Although it is generally believed by Unification Church members ("Moonies") that he was the Messiah and the Second Coming of Christ and was anointed to fulfill Jesus' unfinished mission.[35]
Yahweh ben Yahweh (1935–2007), born as Hulon Mitchell, Jr., a black nationalist and separatist who created the Nation of Yahweh and allegedly orchestrated the murder of dozens of persons.
Laszlo Toth (1940–2012) claimed he was Jesus Christ as he battered Michelangelo's Pieta with a geologist hammer.
Wayne Bent (born 1941), also known as Michael Travesser of the Lord Our Righteousness Church, also known as the "Strong City Cult", convicted December 15, 2008 of one count of criminal sexual contact of a minor and two counts of contributing to the delinquency of a minor in 2008.[36]
Iesu Matayoshi (born 1944), in 1997 he established the World Economic Community Party based on his conviction that he is God and the Christ.
Jung Myung Seok (born 1945), a South Korean who was a member of the Unification Church in the 1970s, before breaking off to found the dissenting group[37] now known as Providence Church in 1980.[38][39] He also considers himself the Second Coming of Christ, but not Jesus himself in 1980.[40] He believes he has come to finish the incomplete message and mission of Jesus Christ, asserting that he is the Messiah and has the responsibility to save all mankind.[41] He claims that the Christian doctrine of resurrection is false but that people can be saved through him.[42]
Claude Vorilhon now known as Raël "messenger of the Elohim" (born 1946), a French professional test driver and former automobile journalist became founder and leader of UFO religion the Raël Movement in 1972, which teaches that life on Earth was scientifically created by a species of extraterrestrials, which they call Elohim. He claimed he met an extraterrestrial humanoid in 1973 and became the Messiah.[43] Then devoted himself to the task he said was given by his "biological father", an extraterrestrial named Yahweh.[44]
José Luis de Jesús (1946–2013), founder and leader of Creciendo en Gracia sect (Growing In Grace International Ministry, Inc.), based in Miami, Florida. He claimed to be both Jesus Christ returned and the Antichrist, and exhibited a "666" tattoo on his forearm. He has referred to himself as Jesucristo Hombre, which translates to "Jesus Christ made Man".
Inri Cristo (born 1948) of Indaial, Brazil, a claimant to be the second Jesus.[45]
Apollo Quiboloy (born 1950), founder and leader of the Kingdom of Jesus Christ religious group, who claims that Jesus Christ is the "Almighty Father," that Quiboloy is "His Appointed Son," and that salvation is now completed. Proclaims himself as the "Appointed Son of the God" not direct to the point as the "Begotten Son of the God" in 1985.[46]
David Icke (born 1952), of Great Britain, has described himself as "the son of God", and a "channel for the Christ spirit".
Brian David Mitchell was born on October 18, 1953 in Salt Lake City, Utah, he believed himself the fore-ordained angel born on earth to be the Davidic "servant" prepared by God as a type of Messiah who would restore the divinely led kingdom of Israel to the world in preparation for Christ's second coming. (Mitchell's belief in such an end-times figure – also known among many fundamentalist Latter Day Saints as "the One Mighty and Strong" – appeared to be based in part on a reading of the biblical book of Isaiah by the independent LDS Hebraist, Avraham Gileadi, with which Mitchell became familiar from his former participation with Stirling Allan's American Study Group.)[47][48]
David Koresh (Vernon Wayne Howell) (1959–1993), leader of the Branch Davidians.
Maria Devi Christos (born 1960), founder of the Great White Brotherhood.
Sergey Torop (born 1961), who started to call himself "Vissarion", founder of the Church of the Last Testament and the spiritual community Ecopolis Tiberkul in Southern Siberia.
Alan John Miller (born 1962), founder of Divine Truth, a new religious movement based in Australia. Alan John Miller, also known as A.J., who claims to be Jesus of Nazareth through reincarnation. Miller was formerly an elder in the Jehovah's Witnesses.
David Shayler (born 1965), former MI5 agent and whistleblower who declared himself the Messiah on 7 July 2007.[49]

We can add L Ron Hubbard.  Major Applewhite.  Jim Jones.

We sometimes compile them with false prophets and we will get to those, too, but the point is Satan deludes normal men into believing they are Christs. And then deludes normal people into following them.

We have deceptions just we have tribulation.  And we have the Great Tribulation of the final years of the End times and the Great Deception we will discuss next time.