Latest Posts
View the latest posts in an easy-to-read list format, with filtering options.
View the latest posts in an easy-to-read list format, with filtering options.
Multi-part posts on a particular topic, grouped together in "series" pages.
Look through our blog archive by year / month, or in a massive title list.
11/09/2024 - The ideal government of the Kingdom of God is a monarchy. This is seen clearly in the political pr... Read More
11/08/2024 - The feasts of the Lord apply to us and in prophecy in more than one way. There is a personal appli... Read More
11/07/2024 - Having set forth the teachings of the milk of the word from Hebrews 6:1, 2, as well as the meat of... Read More
Read over 100 books written by Dr. Jones, available to read for free online. Several of the books have also been translated into different languages, and are also available to read for free. The only time you pay is when you purchase a physical version of a book.
View Full Book List
Read a variety of tracts that condense a topic into a short, single page format. These tracts can be read for free online, or physical copies can be purchased in bundles. If you are subscribed to the FFI Newsletter, you will receive new tracts when they are released.
View Full Tract List
The problem with government bailouts is that they are not handled equally but by preferential treatment. Of course, we have a long history of this, because it is a long established tradition to help those in need with money that does not belong to the government but to the people.
The auto manufacturers up until recently were trying to present a positive picture of their companies in order to stop their share prices from going down further. But then with the $700 Billion bailout in late September, they realized that they ought to switch tactics in order to get their share of the pie. As long as Congress was in a generous mood, they might as well belly up to the bar.
So that is what is behind the sudden turnabout, where we are now seeing the news about bankruptcies among the automakers. I have read reports about the coming bankruptcies for at least two years, but the CEO's would not admit it in public. So only now is it hitting the news.
http://money.aol.com/news/articles/_a/bbdp/why-gm-cant-survive-bankruptcy/247120
President Bush does not want to throw money at the automakers, because it would not solve the problem. Such legislation would only put the automakers on a giant welfare program. They are going through billions of dollars each month. To throw money at the problem, in order to keep the workers working, would only serve to keep making autos that no one can buy (or wants to buy).
You can't keep making a product that people won't buy. If sales are off, production has to slow down as well. Otherwise, you end up with acres of cars sitting there, and in another year's time they all become a year old and are worth thousands of dollars less. They depreciate with age, not just by mileage.
President-elect Obama, on the other hand, wants to bail them out in order to "keep America working." It would actually make more sense to get people working on infrastructure projects which we can use, rather than on cars that can't be sold. But meanwhile, much work continues to be outsourced overseas, where foreigners are making the products for Americans to buy. But we are fast reaching the point where Americans won't have the money to buy those products, even at reduced prices. That is the point where the world economy collapses.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
We are only able to do what we do because of your support. If you feel led to support this ministry, we deeply appreciate it
