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The World As We Know It Is Going Down. Panic is the word on Wall Street...
"My child and My children, the days will grow darker, and there will be hunger
in your land. Yes, My child, what I brought you here for this evening is to tell
the world that there will be a crash in the monetary doings of your
government—an absolute crash that will affect every man, woman, and child in the
United States and Canada, and then, like a serpent, creep all over Europe, until
the world sees one big, massive depression. I can illustrate to you, My
children, what I mean by this monetary depression.
"Should you go and wish to buy a small instrument, even a guitar, that We hear
plucking away at the dervishly, and devilry, of what is called the musical Mass,
strung by guitars, and other creations of satan. My child, I go on to tell you,
you will say that the guitar is not a costly item, but in order to buy this
guitar you will carry an actual satchel, an overnight bag-size, My child—let Us
put it that way clearly—of notes, your currency. It will take a whole suitcase
of paper—paper money that no longer has a value. You will soon be reduced to
bartering for your food.
"My child, I know you are affrighted at this word 'war'; 'death', 'turmoil',
'depression', but what can I do but tell you the truth. I cannot smooth over it,
for I would be accepted like those upon earth who like ostriches, they walk
about, proud in their scientific knowledge." - Our Lady, September 7, 1985
Panic is the word of the hour on Wall Street. Now even Morgan Stanley is fighting for survival. The commercial bank Wachovia and China's Bank Citic are being discussed as possible rescuers. The crisis has led President Bush to cancel a trip.
The original plan actually called for
humor. On Wednesday evening, actress Christy Carlson Romano was supposed to ring
the closing bell on the floor of the New York Stock Exchange (NYSE) to mark her
debut in the Broadway musical "Avenue Q." She plays two roles on stage -- a
romantic kindergarten assistant, and a slutty nightclub singer.
After that day on the floor, the stock traders could have used a bit of comic
relief. But it was not to be. Instead of Christy Carlson Romano, a NYSE employee
in a joyless gray suit stood on the balcony and silently pressed a button. The
bell rang and he disappeared. No waving, no clapping, none of the usual
jubilation.
By the end of Wednesday, no one here was in the mood for laughter. The bad news
on Wall Street was coming thick and fast. All the US indexes were crashing again
after Tuesday's brief and deceptive breather. In its wild, rollercoaster ride,
the Dow Jones lost about 450 points, which was almost as much as it lost on
Monday, the most catastrophic day on US markets since 2001.
Investors were turning their back to the market in droves and fleeing to safer
pastures. The price of gold broke its record for the highest increase in a
one-day period.
Panic Is the Word of the Hour
Traders abandoned the NYSE temple visually defeated and immune to the TV crews
waiting. The disastrous closing prices were flickering on the ticker above the
NYSE entrance: American Express -8.4 percent; Citigroup -10.9 percent; JPMorgan
Chase -12.2 percent. American icons, abused like stray dogs. Even Apple took a
hit.
"I don't know what else to say," stammered one broker, who was consoling himself
with white wine and beer along with some colleagues at an outdoor bar called
Beckett's. Ties and jackets were off, but despite the evening breeze, you could
still make out the thin film of sweat on his forehead. His words captured the
speechlessness of an industry.
Things got worse after the markets closed. Washington Mutual, America's
fourth-largest bank, announced that it had started the process of putting itself
up for sale. The Wall Street Journal reported that both Wells Fargo and the
banking giant Citigroup were interested in taking over the battered American
savings bank.
And then came the announcement that would dominate all of Thursday's market
activities: Morgan Stanley -- the venerable Wall Street institution and one of
the last two US investment banks left standing -- had lost massive amounts and
was fighting for survival. Media reports were saying that it was even in talks
about a possible bail-out or merger. Rumor had it that possible suitors might
include Wachovia or China's Bank Citic.
China?
"Folks," economist Larry Kudlow, a host on the business channel CNBC begged his
viewers that evening, "don't give up on this great country!"
End of an Era
In fact, it really does look as if the foundations of US capitalism have
shattered. Since 1864, American banking has been split into commercial banks and
investment banks. But now that's changing. Bear Stearns, Lehman Brothers,
Merrill Lynch -- overnight, some of the biggest names on Wall Street have
disappeared into thin air. Goldman Sachs and Morgan Stanley are the only giants
left standing. Despite tolerable quarterly results, even they have been hurt by
mysterious slumps in prices and -- at least in Morgan Stanley's case -- have
prepared themselves for the end.
"Nothing will be like it was before," said James Allroy, a broker who was
brooding over his chai latte at a Starbucks on Wall Street. "The world as we
know it is going down."
Many are drawing comparisons with the Great Depression, the national trauma that
has been the benchmark for everything since. "I think it has the chance to be
the worst period of time since 1929," financing legend Donald Trump told CNN.
And the Wall Street Journal seconds that opinion, giving one story the title:
"Worst Crisis Since '30s, With No End Yet in Sight."
But what's really happening? Experts have so far been unable to agree on any
conclusions. Is this the beginning of the end? Or is it just a painful, but
normal cycle correcting the excesses of recent years? Does responsibility lie
with the ratings agencies, which have been overvaluing financial institutions
for a long time? Or did dubious short sellers manipulate stock prices -- after
all, they were suspected of having caused the last stock market crisis in July.
The only thing that is certain is that the era of the unbridled free-market
economy in the US has passed -- at least for now. The near nationalization of
AIG, America's largest insurance company, with an $85 billion cash infusion -- a
bill footed by taxpayers -- was a staggering move. The sum is three times as
high as the guarantee provided by the Federal Reserve when Bear Stearns was sold
to JPMorgan Chase in March.
The most breathtaking aspect about this week's crisis, though, is that the life
raft -- which Washington had only previously used to bail out the mortgage
giants Fannie Mae and Freddie Mac -- is being handed out by a government whose
party usually fights against any form of government intervention. The policy is
anchored in its party platform.
"I fear the government has passed the point of no return," financial historian
Ron Chernow told the New York Times. "We have the irony of a free-market
administration doing things that the most liberal Democratic administration
would never have been doing in its wildest dreams."
Bush Cancels Trip
The situation appears to be so serious that George W. Bush cancelled two
domestic trips he had planned for Thursday on short notice. Instead, the
president will remain in Washington to discuss the "serious challenges
confronting US financial markets." He said the president remained focused on
"taking action to stabilize and strengthen the markets." Bush had originally
planned to travel to events in Florida and Alabama.
"My child and My
children, the days will grow darker, and there will be hunger in your land. Yes,
My child, what I brought you here for this evening is to tell the world that
there will be a crash in the monetary doings of your government—an absolute
crash that will affect every man, woman, and child in the United States and
Canada, and then, like a serpent, creep all over Europe, until the world sees
one big, massive depression. I can illustrate to you, My children, what I mean
by this monetary depression.
"Should you go and wish to buy a small instrument, even a guitar, that We hear
plucking away at the dervishly, and devilry, of what is called the musical Mass,
strung by guitars, and other creations of satan. My child, I go on to tell you,
you will say that the guitar is not a costly item, but in order to buy this
guitar you will carry an actual satchel, an overnight bag-size, My child—let Us
put it that way clearly—of notes, your currency. It will take a whole suitcase
of paper—paper money that no longer has a value. You will soon be reduced to
bartering for your food.
"My child, I know you are affrighted at this word 'war'; 'death', 'turmoil',
'depression', but what can I do but tell you the truth. I cannot smooth over it,
for I would be accepted like those upon earth who like ostriches, they walk
about, proud in their scientific knowledge." - Our Lady, September 7, 1985
The awesome Bayside Prophecies...
https://www.tldm.org/Bayside/default.htm
These prophecies came from Jesus, Mary, and the saints to Veronica
Lueken at Bayside, NY, from 1968 to 1995:
A godless nation shall
fall! . . .
"Without
My Son you are lost. A godless nation shall fall. A nation that has been eaten
away and rotted by sin shall fall. A nation that has turned itself back and
regressed to a state of animal living bordering on all sins of the flesh and
impurity; given over to all manner of seeking things of the world; power, lust,
envy, hate, murders, abortions, worship of false idols; loving money, power, and
lacking the instinct of survival when survival can only be reached by pleading
from them to the merciful heart of the Eternal Father." - Our Lady, June
13, 1981
A great money disaster . . .
"My child and My children, pray a constant vigilance of
prayer. Keep this going throughout the United States and all of the nations of
the world, for there is little time left. Soon, in the plans of the Eternal
Father, He shall set forth and allow to come upon mankind, a great money
disaster. In this way it will prove to you that the disaster back in the
1920's, My children, was as nothing compared to what will happen now. I talk of
a great depression coming upon mankind." - Jesus, October 1, 1988
Destruction of the world monetary systems . . .
"You
will understand and broadcast the message to the world that there will be a
great destruction in the monetary systems of the world. It will affect both the
United States and Canada, and all the great powers of the world. And I repeat
again: You will go to your stores to do your shopping carrying papers which may
as well be newspapers, for the value they will have to purchase even food will
be nil.
"How can a great country like the United States fall, you say, My child?
You ask Me in your heart. I read your heart. I will tell you why. Because they
have given themselves over to satan. When a country has lost its morality and
seeks the pleasures of the flesh, giving over, themselves over, to all manner of
abominations, like homosexuality, and condoning this up the highest courts of
the land, then that country shall fall." - Our Lady, November 1, 1985
Gathering of the world's
money to control the masses . . .
"Man
shall not create a new world as he seeks. For there cannot be a lasting world
without His God. And I speak not of the false idols and gods that man creates
in his human nature! There is only one Creator.
"You who cast aside this knowledge and choose to set yourselves up by power
and the gathering of the world's money to control the masses, you will find that
all of your power and all of your volumes of gold and silver cannot hold back
the heavens as they descend upon you in a just chastisement. The world, the
earth shall tremble, fear shall come upon mankind as he watches the approach of
the destruction that he himself has chosen to set loose." - Jesus,
February 10, 1978
Evil force like an
octopus . . .
"There is a great evil force now enshrouding your world; it is like an octopus
reaching out in every direction to ensnare the world. It is a force of evil set
up by satan. There are many arms of the octopus controlled by the monies of the
world.
"For the love of money and riches, many will sell their souls to get to the
head. O My children, what do you gain if you gather all of the riches of the
world and destroy your soul. When you come over the veil, and you will come over
the veil, what will you bring with you - nothing of the material. You must
gather your riches in Heaven now. They are supernatural: the graces, the merits
that will allow you to enter into the Kingdom of your
God." - Our Lady, June 24, 1976
The Illuminati . . .
"There is a group in the United States and the world, a
group that started many years ago, calling itself the Illuminati, coming from
the word 'light bearer'. Naturally, My children, this light that they bear
stands for Lucifer, and as such they have gone through the world secretly known
as Luciferians. They have brought into your country, the United States, and
your neighbor Canada, a group of witchcraft practices. Well have they laid
their plan to destroy your children with drugs, using your school systems, your
medias of communication, your newspapers, your televisions, your radios: every
means of communication has been infiltrated by the member and sub-members of the
Illuminati, a conglomeration of individuals and powers and principalities
throughout the world, and banking systems. As you well know, My children, money
has always been the root of all evil, and many have sold their souls to get to
the head." - Our Lady, November 25, 1978
You are worshiping idols . . .
"My children, you must change your values back to the plan of your God. As a
nation, as a country, as in many countries throughout the world, you have become
paganized and immoral. My children, it is the gauge for the fall of mankind:
immorality and paganism. No nation shall stand without its God, the God in
Heaven.
"Man is creating many new gods, gods to feed his human nature; and it is a
basic carnal nature. Idolaters abound. When you worship in abundance things, My
children, you are worshiping idols! If you spend your time gathering things,
money, power, you are worshiping idols. Remove yourself from these worldly
pursuits.
"It is a narrow road to the Kingdom of your God, Heaven. Many are called
but few are chosen. The road with satan is wide. Many walk it and can never
leave, because there are too few prayers said for them and by them.
"Nothing is impossible to your God. Man shall never reach the highest
pinnacle of Heaven in knowledge." - Jesus, March 18, 1978
Many will sell their
souls to get to the head . . .
"The road to
Heaven, My children, is a narrow one; too few stay upon it. For they are
often carried away with the cares of the world, and the pleasures of the
materialistic pursuits, and their gathering of money and prestige and power.
For what? For the few short years allotted to each human upon earth.
I ask you to ask yourself: is it worth it to lose your soul? Many will
sell their souls to get to the head." - Our Lady, November 20, 1979
Gather your graces . . .
"You cannot accept
two masters. One you will love, and the other you will learn to hate. And
remember, My children, where your treasures are, your heart will always lie. And
better that you gather your treasures in a place where there is neither rusting,
nor attacks by moths, and robbers cannot take them from you. Store your
treasures in Heaven, My children. Gather your graces. You must ransom your soul
and the souls of your children, your households. Do not wait expecting to be
repatriated at the last moment, My children. Many are coming across the veil
unprepared, and, sadly, they cannot be accepted into the Kingdom." - Jesus,
August 5, 1977
Store canned goods,
water and blankets . . .
"My children, I caution you now, and I wish that you remember these
instructions from several years ago in earth's time that I gave to you, to keep
in your homes a good supply of canned good. They have shelf value, My children,
they will not spoil. But better that you keep them and they spoil than to have
come upon you the great Chastisement. It will be a ball of fire which will
ignite many of the chemicals that are being stored up for the destruction of the
nations.
"My children, not only with the canned foods will you store just food, but
you must also make known to your families and your friends that they had best
keep blankets and water in tight containers; for there will be on the onset of
the Chastisement, there will be nothing that you can buy due to contamination."
- Our Lady, July 1, 1985
Read the Bayside Prophecies:
Directives...
D213 - Riches, Part 1 PDF
D214 - Riches, Part 2 PDF
D307 - Monetary crash PDF
Articles...
Credit crisis, dollar, and stock markets:
Gold hits $1000, dollar tanks, oil soars
https://www.tldm.org/News12/GoldHits$1000.htmAmerica's economy risks the mother of all meltdowns
https://www.tldm.org/News12/EconomyRisksMotherOfAllMeltdowns.htmZuckerman compares current 'financial crunch' to Great Depression
https://www.tldm.org/News11/ZuckermanComparesCrisisToGreatDepression.htmEuropean, Asian markets plunge
https://www.tldm.org/News11/EuropeanAsianMarketsPlunge.htmSubprime Nation
https://www.tldm.org/News11/SubprimeNation.htmLeading lender H&R Block likens US credit crisis to Great Depression
https://www.tldm.org/News11/H&RBlockLikensCrisisToDepression.htmFed faces gigantic insolvency time bomb
https://www.tldm.org/News11/FedFacesInsolvencyTimeBomb.htmGlobal money markets tighten on cash shortages
https://www.tldm.org/News11/GlobalMoneyMarketsTighten.htmDollar collapse, stock market sell-off looms
https://www.tldm.org/News11/StockMarketSell-offLooms.htmNo time to sit and watch: "What we have on our hands here, folks, is a full-blown, global financial crisis"
https://www.tldm.org/News11/GlobalFinancialCrisis.htmWorld stock markets spiral lower
https://www.tldm.org/News11/WorldStockMarketsSpiral.htmFed OD’s on liquidity but risks depression
https://www.tldm.org/News11/FedRisksDepression.htmU.S. Comptroller General: Learn from the fall of Rome
https://www.tldm.org/News11/ComptrollerGeneralFallOfRome.htmPerfect storm of debt rattles Wall Street
https://www.tldm.org/News11/PerfectStormOfDebt.htmAsian stocks tumble the most in five months on credit concern
https://www.tldm.org/News11/AsianStocksTumble.htmSubprime panic points to taxpayer bailout
https://www.tldm.org/News11/SubprimePanicTaxpayerBailout.htmFed cowardice invites catastrophe
https://www.tldm.org/News11/FedCowardiceInvitesCatastrophe.htmForeign money props U.S. economy
https://www.tldm.org/News11/ForeignMoneyPropsUSEconomy.htmU.S. Treasury Secretary Henry Paulson: Coming financial crash shows need for immediate monetary reform
https://www.tldm.org/News11/PaulsonComingFinancialCrash.htmSlow demise of the mighty greenback
https://www.tldm.org/News11/DemiseOfMightyGreenback.htmCredit spree could cause 1930s-style depression
https://www.tldm.org/News11/CreditSpreeCouldCauseDepression.htmGloom gathers over U.S. economy
https://www.tldm.org/News10/GloomGathersUSEconomy.htmIt’s official: The crash of the U.S. economy has begun
https://www.tldm.org/News10/CrashOfUSEconomyHasBegun.htmThe plan to destroy America - via the dollar
https://www.tldm.org/News9/PlanToDestroyAmericaViaDollar.htmOil producers shun the dollar; Russia and Opec shift revenues into euros, yen and sterling
https://www.tldm.org/News9/OilProducersShunDollar.htmU.S. Comptroller General warns the nation of economic calamity
https://www.tldm.org/news9/MonetaryCrashComptrollerGeneral.htmCentral banks caught in gold squeeze may crush dollar
https://www.tldm.org/News9/goldSqueezeMayCrushDollar.htmForeclosures:
US mortgage crisis creates 'ghost town' in Cleveland suburb
https://www.tldm.org/News11/MortgageCrisisCreatesGhostTownInClevelandSuburb.htmRoach: ‘U.S. homes should fall 30 percent’
https://www.tldm.org/News11/RoachUSHomesShouldFall30Percent.htmForeclosure filings surge 68 percent
https://www.tldm.org/News11/ForeclosureFilingsSurge.htmAugust 2007 report: 11 states have triple digit increases in foreclosures
https://www.tldm.org/News11/TripleDigitIncreasesInForeclosures.htmNew mortgage foreclosures set record
https://www.tldm.org/News11/MortgageForeclosuresSetRecord.htmShiller: U.S. housing woes could spur world slump
https://www.tldm.org/News11/HousingWoesCouldSpurWorldSlump.htmCredit crunch hits the consumer — foreclosures double
https://www.tldm.org/News11/ForeclosuresDouble.htmThe worst isn't over in mortgage meltdown
https://www.tldm.org/News11/MortgageMeltdown.htm
Links...
Sub-prime lender says problems are on scale of Great Depression, [U.K.] Times Online, August 31, 2007
http://business.timesonline.co.uk/tol/business/money/property_and_mortgages/article2358099.eceVideo: Money expert Jim Cramer of CNBC - "They're nuts, they know nothing! ... In the fixed income market, we have Armageddon"
http://www.youtube.com/watch?v=SWksEJQEYVUWall Street tremors, Asian markets' tsunami, Forbes.com, August 10, 2007
http://www.forbes.com/markets/2007/08/10/asian-markets-roundup-markets-equity-cx_vk_0810markets03.htmlWorld markets rattled amid Dow Jones crash, ABC News Australia, August 10, 2007
http://abc.net.au/news/stories/2007/08/10/2001292.htm?section=businessRisky home loans run a fever, and the market prays it doesn't spread, U.S. News and World Report, July 15, 2007
http://www.usnews.com/usnews/biztech/articles/070715/23subprime.htmU.S. dollar facing imminent collapse? WorldNetDaily, December 10, 2006
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=53311USA Today report: Real federal deficit 3.5 trillion, Newsmax, August 3, 2006
http://www.newsmax.com/archives/articles/2006/8/3/123820.shtml?s=lh
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Your names have been written in Heaven… "It is not by accident that you are called by My Mother, for your names have been written in Heaven.... But with this great grace you have great responsibility to send this Message from Heaven throughout the world, for if you are able to recover just one more for Heaven, an additional star shall be placed in your crown." - Jesus, August 5, 1975
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The sin of omission... "The sin of omission shall condemn many to hell, be they layman or Hierarchy. I repeat: not the sin of commission, but the sin of omission will commit many to hell." Our Lady of the Roses, October 6, 1980
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