Monday, May 9, 2016


Pastor David Wilkerson claimed that he was not a prophet but a watchman on the wall.

I am not a prophet, and I refuse to allow anyone to put that tag on me. But I am a watchman. Just one of many in this nation who now warn Americans to get ready for persecution and judgment. --Racing Toward Judgment, 1976


Appliance inventories will pile up, and sales will fall off dramatically. --The Vision, 1973

Air Freight Volumes Across Largest Global Market Tumble 15% In First Quarter

For Caterpillar, The Depression Just Turned Three: CAT Hasn't Had A Sales Increase In 36 Consecutive Months

Since 2014 The US Has Added 450,000 Waiters And Bartenders, And No Manufacturing Workers

These 9 Charts Explain The Global Economic Slowdown (And Why Central Banks Can't Fix It)


The auto industry is going to be hurt badly. --The Vision, 1973

About Those Record Auto Sales . . .

The Volkswagen Car "Buy Back" Just Unleashed Havoc On The U.S. Car Market


I believe we are going to witness the bankruptcies of some of this nation's major and most popular corporations. --The Vision, 1973

The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April

Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

Halliburton Fires One Third Of Global Staff: "What We Are Experiencing Today Is Unsustainable"

SunEdison files for bankruptcy

Top U.S. coal company Peabody Energy files for bankruptcy (CNN)

No Energy Recovery In Sight: Freeport Fires 25% Of Its Oil And Gas Workers

A Wave Of Shale Bankruptcies Has Just Been Unleashed

Did The Canary Of New York's Luxury Housing Market Just Die: Real Estate Developer Files For Bankruptcy


The entire nation will tremble with economic and social upheaval. . . . Pensioners will suffer the most. --Racing Toward Judgment, 1973

Asset Recycling – Robbing Pensions to Cover Govt. Costs

CalPERS Could Get Hands on Billions in Private-Sector Retirement Funds (California Political Review)

Druckenmiller Warns, America's Aging Population Is A "Massive, Massive Problem"

Pensions At Risk: Is Your Retirement In The Crosshairs?

"This is going to be a national crisis," -- One of the largest US pension funds set to cut retiree benefits

UPS Braces For $3.8 Billion Charge As Treasury's Pension Benefit Decision Looms


The President of the United States will make one, and possibly two, national radio and TV appearances to reassure the nation that all is well, and that the best of economic times is just ahead. It will not work. People will distrust these statements, and their fears will lead to a revolution at the polls. -- The Vision, 1973

MAY 6: President Obama to make statement on the state of the economy


Having proclaimed his greatest achievement during his presidency as "saving the world from another Great Depression," we wonder what President Obama will have to say today when he discusses the economy. Following the decline in corporate profits, a manufacturing sector in recession, an auto industry which is shuttering production, minimum wage state job losses rising, and an equity market that is unable to make new highs, what cynical, skeptical, "fiction-peddlers" will he blame today's dismal jobs data on? President Barack Obama will deliver a statement "on the economy and new steps to strengthen financial transparency and combat money laundering, corruption, and tax evasion," the White House said. (emphasis mine)