“The small overall job growth wasn't enough to prevent the unemployment rate from rising, largely because more people started looking for work in May and people aren't counted as unemployed unless they're looking for a job. So the actual number of unemployed grew to 13.9 million, from 13.7 million.” ( AP, 6/3/11.)

How did they know that 200,000 people “started looking for a job in May”?

“The Dow Jones industrial average finished down 97 points, its third straight loss. The Dow, Standard & Poor's 500 and Nasdaq composite have all declined in each of the last five weeks, the longest losing streak since mid-2008.”

Since the debt ceiling was reached, dingle-Barry has refused to cut a dime of spending. He has directed Tiny-Tim to sell $4,600,000,000 worth of pension fund assets per day to finance deficit spending.

Now, do you think pulling more than $32,000,000,000 a week out of the market just might be a factor?

QE (quantitative easing) #1 filled the pockets of the Wall Street Bankers who contributed to obama's '08 campaign. QE#2 is filling the pockets of the OPEC Ministers to whom obama is quick to bow (and emptying the pockets of anyone who needs to but stuff like food). QE#3 is coming. Why?

The facts are hard to swallow, but are facts none-the-less:

+Obama threatened to shut down the government over a budget that cut subsidies for Planned Parenthood. He need not have worried: the Democrats in the Senate voted against it.

+Our creditors, (the Chinese), are deciding that it is unwise to continue throwing good money after bad. So the FED is printing money to cover the deficits.

If you think your grocery bill has been going up, hang on: you aint seen nothin' yet!

Tags: debt jobs markets

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I went to the funeral of a friend today.
A Viet Nam Veteran who returned from Asia
 to fight and lose many battles with demons.
Twenty years in the darkest, meanest ghettos:
 figuratively and literally a prisoner.
Sobered by confinement to a cell at the very precipice of hell,
his brother told him about the Grace of God.

“Therefore, if anyone is in Christ, he is a new creation:
the old has gone, the new has come!”*
From that day on, Doug was proof that God’s promises are true.
Even while serving his sentence, he was serving God:
testimonial evidence attended his memorial.
A man who experienced trauma, terror and torment, he became
a soft-spoken, gentle husband and adoptive father.
A gracious host, and willing helper, he lent his considerable
talent as a master gardener to landscaping his church. 
His story was the subject of a dramatic, nationally broadcast radio program.

Doug is healed today, and rejoicing in the presence of his Savior.
If you are of a mind to, please say a prayer for his wife.
Thank you,
 R.I.P. Doug.

 
*2 Corinthians 5:17

Tags: Grace Funeral New

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