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Title: I RECANT.
Source:
Chuck Baldwin / Facebook
URL Source: https://www.facebook.com/permalink. ... 69863063938&id=226997970644468
Published: Apr 5, 2015
Author: Chuck Baldwin
Post Date: 2015-04-15 02:15:42 by Hondo68
Keywords: None
Views: 58583
Comments: 178
I'm using this Facebook post to make a couple of personal confessions. In one way or another, we are all victims of our past. I was schooled in certain persuasions that have taken 3/4 of a lifetime to overcome. But when I made a conscious decision to pursue and follow truth--no matter where it led me--many years ago, my mind and heart have been liberated with the illumination of truth time and time again. I personally believe that only people who, in their hearts, are sincerely open to truth will ever find it. I will not make these issues a test of fellowship with those who disagree with me (although, I'm sure many of them will). I, myself, believed differently for all of my adult life. And these conclusions have not been made overnight. It has taken years of study and research to bring me to the conclusions I am sharing with you in this post. Obviously, this forum will not allow me to go into detail about the conclusions I'm going to share. That must be reserved for another day and another forum. But, for the sake of the folks--especially those Christian folks--who follow my work, I believe I need to be honest and straightforward regarding these conclusions. So, here we go: 1. I recant the dogmatism of a belief in a pre-millennial rapture. That doesn't mean that I DON'T believe in a Rapture. It just means that I am no longer dogmatic about it; and neither do I think that it matters to a tinker's dam regarding my personal duty to God. The Lord is going to fulfill His divine will regarding prophetic events in His time. Quite frankly, I am convinced that, for the most part, it is not for us to know the things God has reserved unto Himself. (Acts 1:6, 7) For too long, many of our pre-millennial friends have been using a belief in the Rapture as an excuse to sit back on their blessed assurance and do nothing. Even if the doctrine is true, the way it is being used as an excuse to not engage the liberty fight is downright shameful. 2. I recant the position that the modern state of Israel is the same as the prophetic Israel of the Bible. The nation of Israel rejected their Messiah and God destroyed their nation, their capital city, and their temple in 70 AD. Spiritually, the children of Israel have been in a state of blindness ever since. With the advent of the New Testament Church, we are NOT Jews or Gentiles, Greeks or Barbarians, etc.: we are all ONE IN CHRIST. God's people today are the blood-washed saints of all races, ethnicities, nationalities, etc. Again, we are ONE IN CHRIST. Accordingly, I am convinced that the modern state of Israel is NOT the prophetic fulfillment of the future redeemed nation of Israel. NOT IN ANY SHAPE, MANNER, OR FORM. I further conclude that the misapplication of applying prophetic scriptures to the modern state of Israel is producing nothing but perpetual war, the demise of liberty at home, the rise of a Police State, and the facilitation of a devilish New World Order. So, there you have it. I RECANT.
Poster Comment: I wonder if he's getting ready to run for president again? I voted for him when Ron Paul endorsed him in '08, and I just might again in '16.
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#59. To: VxH (#45)
That's not necessary if the federal government would keep it's nose out of the financial sector to begin with. But when the federal government forces banks -- under the rubric of diversity and inclusiveness -- to offer sub-prime loans to otherwise unqualified buyers, I think they share the responsibility when the bank fails. Had the federal government not intruded itself, the banks would have been just fine.
In exactly the same way that the US, USSR, and Israel having nukes encourages peace, MAD (mutual assured destruction). "More guns=less crime" works at the international level too, IMO. Si vis pacem, para bellum (If you wish for peace, prepare for war).
Clearly the reading here is the Church will be caught in the tribulation like you are caught in a storm. And as you can see - to suffer at the hands of the antichrist is the last contest of the rightous - none of this stupidity of vanishing people who are good Christians so they won't have to face the tribulation time.
False prophets and anti-christs were foretold. They happen to appeal to Americans who hate the idea they will suffer for Christ. To suffer is not really an American virtue.
"More guns=less crime" works at the international level too, IMO. LOL MAD for madmen...You truly believe Iran having nukes which can reach Europe and eventually (thanks to Russian, Chinese and NK missile technology) our own nation? Has Israel used nukes? No. The 12er movement is in charge of Iran. Yet you see no problem giving a death cult who 'looks forward to' purging the earth with fire to usher in the Mahdi. Amazing.
"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)
Thank you for your personal interpretation. However, that is not what the passage from Irenaeus said. And therefore, when in the end the Church shall be suddenly caught up from this, it is said, “There shall be tribulation such as has not been since the beginning, neither shall be.” Matthew 24:21 For this is the last contest of the righteous, in which, when they overcome they are crowned with incorruption. Irenaeus uses 'caught up from this' and not 'caught up in.' It would be more accurate to say that the words used by Irenaeus are not certain or clear as was his view of the events unfolding. Using historical exegesis of his time, these were humble men who offered what the Scriptures said without providing much in the way of 'out of the box' commentary. So for me, someone who sees the church enduring the full tribulation of days or "Jacob's time of trouble" can take Irenaeus as saying this. But he leaves open the matter of when the 'the Church shall be suddenly caught up from this.' He leaves that open and does not equate such with a final judgment nor one time resurrection from the dead. That also shows me why some, especially Jewish Messianic Christians see a 'mid tribulation' deliverance of the elect at the 7th and last trumpet. This is the most literal approach of all I have seen, as Paul references the 'with the trumpet of God.' So there is enough in what Irenaeus says and does not say to support both views. Plus if you get the 'spirit' of what he writes, he tells his readers in our common tongue today 'don't worry about it, for it is God's plan.' Another sentiment I share with Baldwin's short comments. Irenaeus left that hanging out there as only reporting the facts from Scriptures and not speculating. I respect this approach and it seems Baldwin is saying much as well. Dispensationals mainly base their eschatology not on a couple of rapture verses but the key being what is meant as 'the wrath of God.' There are two key verses in Scriptures which show God delivers His elect from the 'wrath to come.' Is this the wrath of eternal damnation or wrath poured out as evidenced in Revelation before the Second coming of Christ? That is the question and is what Dispensationalism bases the theory on, not the rapture verses. They see those as supporting verses.
"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)
Has Israel used nukes? No. Yes, madmen already have nukes...Obongo and Bibi. I don't share your faith in resident Obongo. Talk about a madman! And Bibi's not much better. His drawing shows that he's lost in space. Has the US used nukes?
In Greek it is clear what he means - the term means "seizure, rape, kidnapping" both in Latin and in Greek - rapture word origin for rape. Jesus is going to rape his people? In Greek the use of harpazo is exactly the same as in Latin - in a negative way. I just can't read that in Greek and view that as a positive occurance to be raptured.
You truly believe Iran having nukes which can reach Europe and eventually (thanks to Russian, Chinese and NK missile technology) our own nation? Has Israel used nukes? No. Here's another equivalent: Dateline 1943. By this rationale, if US had given Hitler, Tojo, and Stalin the nuke plans, would Mutually Assured Destruction have created a peaceful end to WWII? Your simplest, greatest point: Israel has had nukes for decades and NEVER used them -- despite the open threat of total destruction from Iran. Peace was maintained. Allowing an insane, irrational Iran to possess nukes is the single most dangerous, insanely irrational policy move. EVER. It guarantees that IT. WILL. BE USED. As First Strikes.
Had the federal government not intruded itself, the banks would have been just fine. +100
They helped write them...right?? Lol... And don't forget Jim Bakker, and Jim Swaggart. They've been Christian's "Pope." *eyeball roll* No people are more caricatured than Christians. Here's EVERY "Christian" or rather "Fundie" pastor according to the intellectual pigmies out there:
They helped write them...right?? Lol... And don't forget Jim Bakker, and Jim Swaggart. They've been Christian's "Pope." *eyeball roll* No people are more caricatured than Christians. Here is the portrait of EVERY "Christian" or rather "Fundie" pastor according to the intellectual pigmies out there:
For MAD to be mutual, the other side must have them too. M=mutual. Nations (and people) arm themselves against madmen and evil, not unicorns and rainbows. Yeah it's scary, but it's worked throughout history. It's supposed to be scary, that's why it works. Hitler tried disarmament and it didn't work for the Warsaw Ghetto Uprising, or overall either. He lost. These Utopian disarmament schemes always end badly. In exactly the same way that the US, USSR, and Israel having nukes encourages peace, MAD (mutual assured destruction). Yes, I know the definition of "MAD." I'm not getting your analogy -- the unicorn & rainbow theory is exactly this case. Yours as well as Ron Paul's failure to comprehend the insanity of allowing Iran makes no sense, nor is it a template comparable to the MAD of the US vs. USSR. The USSR and Israel cared about their people as well as possessing common sense (which is why they'd never used a nuke.) Iran? Do you you actually believe a nation of insane Cultist and radicals wouldn't use big nikes, small nukes, and every nuke in the woodshed? These Utopian disarmament schemes always end badly. Especially when those who dis-value life are given toys of destruction and absolute power. Hitler tried disarmament and it didn't work for the Warsaw Ghetto Uprising, or overall either. He lost. Iran isn't derived of arms; Just nukes. And btw -- in Warsaw, the people were disarmed. Except for stolen guns, shovel, clubs, and homemade bombs. I'm sure A Pole can clarify.
That's quite bizarre. I. to seize, carry off by force II. to seize on, claim for one's self eagerly III. to snatch out or away See Here
"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)
Your version of foreign and military policy is even more destabilizing and destructive than the neo-con brand. Here's something to think about. The Soviets understood we would not blow them up and they were not ready to irradiate themselves just to 'win' the world for universal socialism. Kind of hard to till the soil when it is riddled with PU- 249. So Russians are not crazy and Americans are not crazy. MAD worked because neither side had MADmen behind the 'button.' Muslims, if you have not noticed, love to blow up people (and things) in market places, places of worship, schools (Russians experienced that one), and drive 747s into towers. Sure, great idea let them have nuclear weapons. A most unwise approach bordering on insanity. Iran with a nuclear weapon and the proper delivery system? MAD? The best result, and I mean the best result, would be having nuclear weapons means they can step up terrorist activities not only regionally but globally. "Sitting on an A-Bomb" they call the shots and can breed terrorism all over the world. Secondly, Saudi Arabia and the UAE et al will not stand by and let the Shia 12er madmen be the only sons of Muhammad to have nuclear weapons. It leads to proliferation. Before you bring up India and Pakistan, I will say Iran is nothing like India and Pakistan. Neither threaten to turn the ME into molten rubble. They only threaten to do it against each other. Iran is run by psycho Mahdi 12ers hell bent on ushering in the Mahdi Imam so he can 'purge' the world with fire and conquer the world for Islam. Yeah sure, give those kooks a nuke.
"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)
So, this is what all of the fuss is about: a single line, in a letter of Paul, encouraging Christians facing persecution: "But we do not want you to be uninformed, brothers, about those who are asleep, that you may not grieve as others do who have no hope. For since we believe that Jesus died and rose again, even so, through Jesus, God will bring with him those who have fallen asleep. For this we declare to you by a word from the Lord, that we who are alive, who are left until the coming of the Lord, will not precede those who have fallen asleep. For the Lord himself will descend from heaven with a cry of command, with the voice of an archangel, and with the sound of the trumpet of God. And the dead in Christ will rise first. Then we who are alive, who are left, will be caught up together with them in the clouds to meet the Lord in the air, and so we will always be with the Lord. Therefore encourage one another with these words." So, what's Paul talking about? "Falling asleep" is a euphemism for "die". Revelation describes world end: heaven and earth rush away. Bad things. Everybody is dying as the calamity engulfs the world. As he comes, the dead rise, here. And as the world dissolves, those with Christ go to the sky with him. The City comes down, the line is formed for judgment, and judgment occurs. Those who went up to meet Jesus coming pass judgment and go into the City. Paul is describing a moment at the end. But that is not what "Rapturists" speak of when they speak of "The Rapture". Paul speaks of a moment, at the end of the world, as the world passes away, when the formerly dead and living who are Christs are caught up into the air to join him as he descends. This is completely different from "The Rapture", as is taught, preached, published, written about. The Rapture is an imagined scenario in which, long before the return of Christ, the end, those who are Christ's suddenly disappear. Then the terrible things spoken of in Revelation come. But look at what Paul is saying! He is saying that when CHRIST COMES, with the trumpet - that's at the END - THEN the dead rise and are caught up with the living into the sky to meet the descending Christ. There will be a lot of dead at that point, as the world passes away. This has nothing to do with "The Rapture" of imagination. There's no spiriting away people in the middle of life before things happen. There's no "Left Behind" of years and years. It's at the moment that Christ returns, which isn't some early on thing. There's a word that Paul uses, a Greek word that means "caught up" with Christ, at the very end of the world, the Great Final Day, when he comes. And that has nothing to do with "The Rapture" of popular imagination. Nowhere in the Bible does The Rapture exist. There is no Rapture in the Bible. Paul's line is the one place that a word translated into Latin as "raptio" occurs, the "catching up" of Paul's letter to the Thessalonians, which fits of a piece with John's Revelation, has as much to do with The Rapture as a lightning bug has to do with lightning.
thanks Don.
Why is that bizarre to you? Are you a Greek speaker? Somehow Greeks forgot what these words mean?
We can't afford to train, equip, and fund the McCain Hillary al-CIA-da to chop Christians heads off, and then fight them too. Voters are sick of it as well! The era of USA World Police is over, one way or the other. Reagan and the Paul's knew it decades ago, but the neocons will never admit it. Ronald Reagan and the Paul Family during Reagan’s 1976 Presidential bid- Ron and Rand to the left of Reagan
Horse manure. The leading sub-prime originator in the country at one time was Ameriquest/Argent morgtage, and Ameriquest was NOT a bank. In fact their products didn't even qualify for Freddy/Fannie coverage. Nothing forced the systemically corrupt vampira on Wall Street and elsewhere into buying "revolutionary" securitized a$$paper - nothing other than their own greed. Furthermore there are numerous local banks and credit unions who NEVER entered the sub-prime market, and didn't require bailing out.
GeeOpie, I wonder if the RINOcrats would like to recant selling the Ambassadorship to the Netherlands to the Godfather of Subprime?.
Whose nose was in what when Glass-stegall was defanged? "FRAUD - You probably think there should be rules against it, I think the market will figure it out" --Alan Greenspan to Brooksley Born Even Greenspan admits he had his head in his arse.
I see. You're saying it was actually the repeal of the Glass–Steagall Act that caused the financial crisis -- ten years later. So I guess Congress learned their lesson and restored Glass-Steagall, right?
"Greenspan Urges Glass-Steagall Repeal WASHINGTON, Nov. 19 — Federal Reserve Board Chairman Alan Greenspan urged Congress on Wednesday to strike down barriers that have kept bank holding companies out of the securities underwriting business." www.americanbanker.com/17...all-repeal-1044317-1.html http://www.pbs.org/wgbh/pages/frontline/warning/ Congress? LOL. Congress is pwned. It couldn't find its own arse with both hands and a SQL statement telling them exactly where to find it.
He was referring to federal regulation of the derivatives market. The problem is not derivatives. The problem is what the derivative is derived from. When the derivative is sub-prime mortgage-backed securities and the sub- prime mortgage is a worthless piece of paper (due to federal government interference), the derivative is worthless. Keep in mind that it was a government institution, Fannie Mae, that rated these mortgage backed securities and said they were solid. They lied.
So I guess Congress learned their lesson and restored Glass-Steagall, right?
And who told the investors these sub-prime mortgage-backed securities were solid? Fannie Mae. AKA, the Federal National Mortgage Association. A government-sponsored enterprise. As I said, had the federal government not stuck it's nose into the financial sector to begin with, the banks and other financial institutions would have been just fine.
I never watched the X-Files...but was that the premise of the show?
....It is his conclusion that classical demonic possession, known to the Orthodox Church for centuries, accounts for the alien abductions that we see in modern times.... Interesting...
No....not EVERY little detail (like Israel defending itself against rabid Muzzie Death Cultists) is mentioned in the Bible.
Seems to fit:) "Who?" indeed. This statement from this Pope fits like an asbestos glove :-) If two of the past three Popes were willing to kiss the Koran, then NOTHING should be surprising from the Vatican. It's been an embarrassment now for too long. (from Red's link): Firstly....who knew the Vatican has a staff of astronomers? WHY?? Secondly, Pope Benedict and now Francis are ready to baptize ETs..."no matter how many tentacles"?? Very odd statement.
The Pope has to be up to date on scientific theory.
Am I to understand this is your theory for the reason for the Vatican's astronomers?
None of Ameriquest/Argent mortgage's a$$paper ever qualified for underwriting by Freddy/Fannie. Got any more straw?
It's not a theory. Modern astronomy began with the Church (Copernicus, Galileo), and to this day much of the grunt work of recording the transits of planets across the Sun is done worldwide by the Jesuits. Pope Leo XIII, speaking in 1891 of the purpose of the Vatican Observatory: “…that everyone might see clearly that the Church and her Pastors are not opposed to true and solid science, whether human or divine, but that they embrace it, encourage it, and promote it with the fullest possible devotion.” Modern science originally came out of the Catholic universities. Philosophically, the Catholic Church is pro-science because of the belief in a universe rationally ordered by God. Think of all of the universities just in the USA that are Catholic: Notre Dame, Georgetown, Boston College, Loyola, St. John's, Marquette. Overseas, the Sorbonne has been nationalized in France, but Louvain and La Sapienza are still Catholic. All told, there are 1358 Catholic universities around the world. (There are a total of 2474 4-year colleges of all types in the USA; 197 of them are Catholic.) The Catholic Church is the most widespread educational institution on the planet, with more primary and secondary educational systems in more countries than any other. And remember: the Pope is the head of all of that. He needs to know what is going on in the scientific world. Heliocentrism originated from a Catholic monk, Copernicus, was confirmed by the observations of a Catholic university professor, Galileo. Modern scientific theory was derived by a devout French Catholic: Descartes, with deeper math theory expounded by a devout visionary, Paschal. Pasteur gave us germ theory, and the monk Mendel gave us genetic theory. Bacon, the medieval who prefigured the scientific method, was a Catholic monk. So was the famous William of Ockham, author of "Occam's Razor" (he was a Franciscan). Avogadro (of the famous number) and Bequerel, Volta (inventor of the battery) and Vesalius (founder of anatomy); Lavoisier (creator of chemistry), Lamarck (whom Darwin challenged), Fermat and Galvani with his frog legs. And so on. The Catholic Church has always been scientific in its focus. Catholics believe that the Natural Law is God's law, and that God's laws are rational. Therefore, Catholics have always expected to find rational order in the universe, and have always intuited that, if they looked hard enough, they would find it. This is one of the distinctive features of Catholic philosophy that is different - radically different - from many of the Protestant philosophies. It's the reason why Catholics are untroubled by the theory of evolution, and teach it in Catholic schools. It's the best science (as produced through the method), at the time. Obviously Catholics believe that God is the source of all natural law. The Church has always been interested in the sciences, and needs to be, because science and religion are fundamentally intertwined, and the Pope needs to be kept up to date on developments. That's why the Pope has an astronomer.
What part of "congress is now pwned" by organized criminals are you having trouble comprehending?
GeeOpie, you keep trying to pull that opinion out of your arse as if it were fact. It's not fact. The FACT is that the one-time leader of sub-prime origination AMERIQUEST/ARGENT Mortgage, NEVER produced products that qualified for Freddy/fannie underwriting.
And the housing market. Housing never goes down, right? That's the essence of what he said - and what he admitted he was wrong about. The gaming of housing prices and the gaming of the derivatives market cannot be separated, they are sewage in the same systemically corrupt sewer pipe. The same is true about congress and the vermin who've corrupted it to facilitate their kleptocracy. "Lender Lobbying Blitz Abetted Mortgage Mess Ameriquest Pressed For Changes in Laws; A Battle in New Jersey"
He said that, historically, housing never went down.
It was every CT theory rolled up in a giant alien motif. Everything going wrong in the world had some alien influence.
"Blessed be the God and Father of our Lord Jesus Christ, who according to His abundant mercy has begotten us again to a living hope through the resurrection of Jesus Christ from the dead” (1 Peter 1:3)
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Top • Page Up • Full Thread • Page Down • Bottom/Latest"Da comrade. The government should nationalize the entire financial sector because when it comes to TOO BIG TO FAIL, big government has the monopoly. /s"
#60. To: redleghunter (#55)
How is that providing stability to a region already so bloody?
The D&R terrorists hate us because we're free, to vote second party
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#61. To: redleghunter (#56)
And therefore, when in the end the Church shall be suddenly caught up from this, it is said, “There shall be tribulation such as has not been since the beginning, neither shall be.” Matthew 24:21 For this is the last contest of the righteous, in which, when they overcome they are crowned with incorruption.
#62. To: A Pole (#48)
it is possible to trace the development and transmission of these ideas right back to John Nelson Darby.
#63. To: hondo68, tomder55 (#60)
In exactly the same way that the US, USSR, and Israel having nukes encourages peace, MAD (mutual assured destruction).
#64. To: Pericles (#61)
Clearly the reading here is the Church will be caught in the tribulation like you are caught in a storm. And as you can see - to suffer at the hands of the antichrist is the last contest of the rightous - none of this stupidity of vanishing people who are good Christians so they won't have to face the tribulation time.
#65. To: redleghunter (#63)
(Edited)
LOL MAD for madmen...
The D&R terrorists hate us because we're free, to vote second party
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#66. To: redleghunter (#64)
(Edited)
Irenaeus uses 'caught up from this' and not 'caught up in.'
#67. To: redleghunter, hondo68, tomder55 (#63)
LOL MAD for madmen...
#68. To: misterwhite, VxH (#59)
When the federal government forces banks -- under the rubric of diversity and inclusiveness -- to offer sub-prime loans to otherwise unqualified buyers, I think they share the responsibility when the bank fails.
#69. To: redleghunter, A Pole (#57)
What does Darby et. al. have to do with the words which actually appear in the Holy Scriptures?
#70. To: redleghunter, A Pole (#57)
(Edited)
What does Darby et. al. have to do with the words which actually appear in the Holy Scriptures?
#71. To: Liberator (#67)
insane, irrational Iran to possess nukes is the single most dangerous, insanely irrational policy move. EVER. It guarantees that IT. WILL. BE USED.
The D&R terrorists hate us because we're free, to vote second party
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#72. To: hondo68, A Pole (#71)
For MAD to be mutual, the other side must have them too. M=mutual. Nations (and people) arm themselves against madmen and evil, not unicorns and rainbows. Yeah it's scary, but it's worked throughout history.
#73. To: Pericles (#66)
In Greek it is clear what he means - the term means "seizure, rape, kidnapping" both in Latin and in Greek - rapture word origin for rape. Jesus is going to rape his people? In Greek the use of harpazo is exactly the same as in Latin - in a negative way. I just can't read that in Greek and view that as a positive occurance to be raptured.
#74. To: hondo68, liberator, tomder55 (#71)
For MAD to be mutual, the other side must have them too. M=mutual. Nations (and people) arm themselves against madmen and evil, not unicorns and rainbows. Yeah it's scary, but it's worked throughout history. It's supposed to be scary, that's why it works.
#75. To: (#40)
#76. To: Don (#9)
I read other books; however, I have and will continue judging spiritual matters by how viewpoints stack up against the Holy Bible. There are many good writers of things religious, and they can quote chapter and verse with the best.
#77. To: redleghunter (#73)
That's quite bizarre.
#78. To: redleghunter, *Neo-Lib Chickenhawk Wars* (#74)
(Edited)
even more destabilizing and destructive than the neo-con brand.
The D&R terrorists hate us because we're free, to vote second party
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#79. To: misterwhite (#59)
(Edited)
But when the federal government forces banks --
#80. To: misterwhite (#59)
(Edited)
#81. To: misterwhite (#59)
it's nose out of the financial sector to begin with.
#82. To: VxH (#81)
"Whose nose was in what when Glass-stegall was defanged?"
#83. To: misterwhite (#82)
(Edited)
You're saying it was actually the repeal of the Glass–Steagall Act that caused the financial crisis -- ten years later.
Greenspan RECANTS!
Did Congress force AIG to "insure" the whole CRIMINAL cluster fracked Ponzi scheme? No. The hedge funded suuuuuper geniuses did that all by themselves.
#84. To: VxH (#81)
"Even Greenspan admits he had his head in his arse."
#85. To: VxH (#83)
#86. To: VxH (#79)
"Nothing forced the systemically corrupt vampira on Wall Street and elsewhere into buying "revolutionary" securitized a$$paper - nothing other than their own greed."
#87. To: redleghunter, Deckard (#33)
....fallen angels posing as aliens, telling the world that they created humans and have returned to save us....
#88. To: Pericles (#35)
That is actually the majority/consensus eastern Orthodox position as well...
#89. To: hondo68 (#43)
No relation to the Israel of the Bible.
#90. To: redleghunter, Deckard, Bob Celeste, Stoner, A K A Stone, Vicomte13, CZ82, TooConservative (#34)
(link) Pope Francis says he would baptise aliens: 'Who are we to close doors?'
Speaking at the British Science Festival in 2010, one of then-Pope Benedict XVI’s astronomers said he would baptise an alien “if they asked”. While he accepted that the chances of ever getting such an opportunity were slim, Guy Consolmagno said: “Any entity – no matter how many tentacles it has – has a soul.”
#91. To: Liberator (#90)
#92. To: Vicomte13 (#91)
The Pope has to be up to date on scientific theory.
#93. To: misterwhite (#86)
And who told the investors these sub-prime mortgage-backed securities were solid?
#94. To: Liberator (#92)
Am I to understand this is your theory for the reason for the Vatican's astronomers?
#95. To: misterwhite (#85)
So I guess Congress learned their lesson and restored Glass-Steagall, right?
#96. To: misterwhite (#84)
Keep in mind that it was a government institution, Fannie Mae, that rated these mortgage backed securities and said they were solid. They lied.
#97. To: misterwhite (#84)
(Edited)
He was referring to federal regulation of the derivatives market.
www.wsj.com/articles/SB119906606162358773
#98. To: VxH (#97)
"Housing never goes down, right? That's the essence of what he said - and what he admitted he was wrong about."
#99. To: Liberator (#87)
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