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We think we have problems . . .Japan is worse off, and getting worse by the day because its currency is too strong compared to the dollar, and imports are down by a third because Americans don't have the credit to buy more of their autos. http://www.t... Read More
From the D.C. propaganda mill and the wishful thinkers on Wall Street, one would think that the current recession has "turned the corner." Of course, if you recall, it was supposed to have turned the corner a year ago, too. As I have said many... Read More
Here is another bankruptcy in the commercial real estate sector, as the commercial real estate market collapses. http://www.bloomberg.com/apps/news?pid=20601087&sid=a3Z4h4E8kNp8# Capmark, with assets of $21 billion, used to be known as GMAC. (Compani... Read More
The 5th largest bankruptcy just occurred on Sunday, November 1, when CIT filed for chapter 11 bankruptcy. Because of its name (CIT), I wonder if they might be connected to CITI bank. Does anyone know if they are a subsidiary or connected in any way organiz... Read More
Series: The Consequences of Sin - All of mankind, with the exception of the overcomers, will appear before the Great White Throne to be judged "according to their works" (Rev. 20:13). Their faith (or lack of faith) will determine whether or not they receive "life"... Read More
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