Friday, March 12, 2010

Christian Abducted


  • Date: March 10, 2010
  • Country: Vietnam
Photo Prayer Bulletin Big
A Vietnamese tribal Christian, Ksor Ju, was abducted on Jan. 26 by two security police for unknown reasons, according to the Montagnard Foundation.
In January, Ksor Ju, 37, was ordered to report to the police station in Song Hinh District, Phu Yen province, for questioning. On Jan. 26 at about 8 a.m., Ksor Ju and his 17-year-old daughter, Nai H'Yam, set out for the police station on foot. They were met by two Vietnamese security police, who handcuffed and arrested Ksor Ju. The police tied Ksor Ju to their motorcycle and dragged him away while his teenage daughter watched in horror. The same day, about 30 security police searched and ransacked his house and threatened his family.
Ksor Ju's arrest is thought to be linked to issues of religious freedom, as the communist Vietnamese government has brutally suppressed house church Christians for decades.
Ksor Ju's whereabouts remain unknown at last report.

Please Pray!

Please pray that Ksor Ju's family will be told where he is being held. Pray for his safety and well being, and pray that he will be a bold witness for Christ to his captors. Please also pray for the salvation of the Vietnamese leaders and officials.

VOM provides assistance to Vietnamese believers by providing Bibles, shortwave radios, Christian literature and support to families of prisoners.

U.S. Hyperinflation Possible By Year 2015


The U.S. government this week reported a record monthly budget deficit for February 2010 of $220.9 billion. Total tax receipts for the month were only $107.5 billion compared to outlays of $328.4 billion. The total U.S. deficit for the first five months of fiscal year 2010 was $651.6 billion, with tax receipts of $800.5 billion and outlays of $1.45 trillion. The deficit was up 10.5% for the first five months of fiscal year 2010 over the same period in fiscal year 2009.
 
We are now at a point where if the U.S. government taxed Americans 100% of their income, the tax receipts generated would not be enough to balance the budget. Likewise, if the U.S. government cut 100% of its spending including defense, but kept paying Social Security, Medicare and Medicaid, we would still have a budget deficit. NIA believes it will be impossible for the U.S. to have a balanced budget ever again.
 
The U.S. national debt is now $12.55 trillion of which $8.061 trillion is public debt. Due to the Federal Reserve's artificially low interest rates of 0% to 0.25%, interest payments on our national debt last month were only $16.9 billion, an interest rate of only 2.548% on our public debt. The reason for the spread between our 2.548% interest rate on the public debt and the federal funds rate of 0 to 0.25% is that a portion of our national debt is made up of long-term bonds at higher interest rates.
 
Our debt ceiling was recently raised to $14.3 trillion, which we are on track to reach in less than a year, sending our public debt up to about $10 trillion. If the Federal Reserve raises the federal funds rate up to just 2% during the next year, NIA believes the interest rate on our public debt could rise to 5% and our annual interest payments will likely rise to $500 million or 23% of projected 2010 tax receipts of $2.165 trillion.
 
The White House is not projecting for interest payments on the national debt to break the $500 million mark until fiscal year 2014. By then, even if we go by White House projections that the deficit will be cut to $828 billion in 2012, $727 billion in 2013 and $706 billion in 2014, in 2014 we will still be looking at a national debt of over $18.5 trillion with a public portion of around $13.14 trillion. We find it shocking that the White House is projecting an interest rate on our public debt in 2014 of only around 4%.
 
All of this means that the While House expects the Federal Reserve to leave interest rates at artificially low levels almost indefinitely. However, we know it will be impossible for them to do so without creating a huge outbreak of inflation in the prices of food, energy, clothing, and just about everything else Americans need to live and survive. In order to prevent hyperinflation, we need interest rates to be higher than the rate of inflation.
 
NIA believes the real rate of U.S. inflation to already be approximately 5%. If the Federal Reserve doesn't raise the federal funds rate to above 5% in the short-term, in our opinion, an outbreak of double-digit inflation is inevitable. By 2014, it is possible the Federal Reserve will be forced to raise the federal funds rate up to above 10% and the public portion of our national debt could exceed $15 trillion. Therefore, in 2014 we could see the interest payments on our national debt reach $1.5 trillion, about triple what is currently being projected and 43% of the government's projected tax receipts that year of $3.455 trillion.
 
NIA believes hyperinflation is possible by the year 2015. Besides the rising interest payments on our national debt, another major catalyst for hyperinflation will be social security payments, which adjust to the CPI-index. As the government's CPI-index rises, so will the social security payments that it owes. This could cause a death-spiral in the U.S. dollar. Inflation is still the last thing on the minds of most Americans, but soon it will be their primary concern.
 
Please spread the word about NIA and have your friends and family subscribe for free at:http://inflation.us

Tuesday, March 9, 2010

Missionary's and Christians' Homes Burned in Bangladesh


Missionary's and Christians' Homes Burned in Bangladesh

March 3, 2010
Anti-Christian extremists burned down several homes of Christians in Bangladesh earlier this week. Most people in Bangladesh live in simple structures like the one shown here.
A Gospel for Asia–supported missionary and several Christian families are homeless after anti-Christian extremists burned down their homes earlier this week. The attacks occurred in Bangladesh near the border with India.
Missionary Iqbal Hasan is the pastor of a church in this area.
The homes were completely destroyed, and the Christians could not salvage any of their belongings.
Gospel for Asia ministry leaders are providing for the immediate needs of the affected Christians, and they will help them rebuild once it becomes safe to do so.
In the meantime, they request prayer for comfort and for God's provision. Also pray for those who are persecuting these believers to come to know Him.

Monday, March 8, 2010

A Detention Bill You Ought to Read More Carefully

Why is the national security community treating the "Enemy Belligerent, Interrogation, Detention, and Prosecution Act of 2010," introduced by Sens. John McCain and Joseph Lieberman on Thursday as a standard proposal, as a simple response to the administration's choices in the aftermath of the Christmas Day bombing attempt? A close reading of the bill suggests it would allow the U.S. military to detain U.S. citizens without trial indefinitely in the U.S. based on suspected activityRead the bill here, and then read the summarized points after the jump.


According to the summary, the bill sets out a comprehensive policy for the detention, interrogation and trial of suspected enemy belligerents who are believed to have engaged in hostilities against the United States by requiring these individuals to be held in military custody, interrogated for their intelligence value and not provided with a Miranda warning.

Read the rest of the article at The Atlantic

Sunday, March 7, 2010

Ron Paul's Texas Straight Talk 3/8/10 on the Census


The census is a perfect opportunity for the people to start saying "no" to oppressive government practices. What they are attempting to do in the census is clearly unconstitutional.

Global Warming has no impact on Himalayas claims Wadia Director


Ashwani Maindola, Hindustan Times
Dehradun, March 06, 2010

Senior scientists at the Wadia Institute of Himalayan Geology (WITG) has rejected the Global Warming Theory and told that the Himalayas are quite safer zone on earth, where Global Warming has no role in controlling the conditions.
In an exclusive chat with HT, Director WIHG Dr AK Dubey has said that the conditions of Himalayas are controlled by the winter snowfall rather than external factors like much hyped Global Warming. He told that for a concrete result, at least 30 years of continuous research with steady outcome is needed to confirm the actual impact.
"According to a data for over 140 years available with a British weather observatory situated in Mukteswar (2311m) in Almora has actually revealed that temperature in that region witnessed a dip of .4 degrees," he said.
Read the rest of the story at HindustanTimes.com

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