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Bro Stef's "Watchman" Commentary 

Report Date: Oct. 28, 2010
Special Report: Monthly Update

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"I'm calling to inform you you're late with your house payment, but we're able to help."

Watch out. Scammers have taken advantage of the large number of foreclosures and have randomly called people's homes, hunting for those who might be a bit behind on their mortgages. Sure, these con artists will help; they'll offer to work out a payment plan, and they'll help themselves to the victim's credit card or checking account numbers or personal identity information.  They will not use the money to pay anybody's mortgages but their own.

The financial situation around the world has not improved as quickly as we'd all like. The Department of Labor announced on Friday that the jobless rate dropped in 23 states. That sounds great. The jobless rate rose in 11 other states, though, and the final 16 experienced no change. Las Vegas has earned the top prize for joblessness at 14.4 percent, and Michigan is not far behind at 13 percent. Fifteen states total have jobless rates above 9.6 percent. It's a hard time for a lot of people.

Home loss continues to be a problem, as the scammers have made clear. Foreclosures jumped 19 percent in California during the third quarter. Scammers have demonstrated the extent of the problem; they know that if they just call a few homes, sooner or later they will find somebody struggling to pay their mortgage.

The crisis continues globally. At the G20 meeting this weekend, the world's biggest economic powers gathered to wrestle out ways to keep the world financial markets sane. The International Monetary Fund (IMF) announced that an agreement had been reached among the nations not to devalue their currencies, averting the anticipated currency wars. The meeting has been seen as a success in collaboration among the world's economic powers and is geared toward more global governmental goings on.

Anoop Singh, IMF's Asia and Pacific director, said: "We saw a lot of collaboration at the G20. It's important also to remember that coming from this global slowdown, it was policy collaboration across countries and regions that avoided it being a much worse recession than it has been. The G20 recognize that this collaboration needs to continue in the future to sustain a strong sustained balanced growth over the medium term. And they have set new objectives, how they look at sustainability, (and) the role of the IMF. So I think we're very pleased that this collaboration will continue."

There will be a struggle before and if the world comes out of its economic peat bog. The currency wars have been given a temporary respite. However, plenty of people still believe that a global currency used by all countries would provide the best economic hope for the world. The decades-old idea of a single world currency keeps getting regurgitated.  In fact, the IMF offered a promotional report on it this summer.  In his report, Reza Moghadam of the IMF's Strategy, Policy, and Review Department said a global currency would work as follows:

"A global currency, bancor, issued by a global central bank would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy…. The global central bank could serve as a lender of last resort, providing needed systemic liquidity in the event of adverse shocks and more automatically than at present."

No longer would nations trade in dollars or yen or euros. Those who favor a global currency argue it would offer an end to all currency wars and would stabilize world business. However, a global currency would limit the freedom individual countries have to regulate their own interest rates and deal efficiently with domestic economic situations. It would act as a catalyst for even broader global government.

The longer the financial difficulties continue, the greater the world's financial experts will strive to find answers through global cooperation, and the more likely scam artists will find ways to con unsuspecting people out of their money.  

We have no reason to fear, though, no matter how dire our financial situations look.  We know that God does care for us and this long financial storm does not frighten Him.  May we take these opportunities to draw closer to God our Provider and place ourselves squarely under the shadow of His wings.

"Wait on the LORD, and keep his way, and he shall exalt thee to inherit the land: when the wicked are cut off, thou shalt see it." - Psalm 37:34  

~ Article provided by: Koinonia House Ministries

Romans 10:8-11 is your path to Him if you're unsure what to do.

John 14:27; Peace I leave with you, My peace I give to you; not as the world gives do I give to you. Let not your heart be troubled, neither let it be afraid.

Romans 10:8-11: "The word is near you; it is in your mouth and in your heart," that is, the word of faith we are proclaiming: That if you confess with your mouth, "Jesus is LORD," and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you confess and are saved. As the Scripture says, "Anyone who trusts in Him will never be put to shame." (NIV)

Headlines... Connecting The Dots

Bro Stef Comments:

Today, October 28, 2010 Fox News reported that Russia is providing armaments to the Afghans to assist in defeating the Taliban. Now why on earth is this an important development and what does it have to do with Biblical prophecy?

This is a significant development because it highlights the cooperation between Russia and the Western Alliances mentioned in Ezekiel.

In the book of Ezekiel 38:11-13 we read the following:

(11) You will say, "I am going to invade this land of unwalled villages; I will take by surprise these
people who are at peace, living securely, all in places without walls, bars or gates.

(12) I will seize the spoil and take the plunder." You will attack the former ruins that are now inhabited
and come against the people gathered from the nations, who have acquired livestock and other wealth
and are living in the central parts of the land.

(13) Sh'va, D'dan and all the leading merchants of Tarshish will ask you, "Have you come to seize spoil?
Have you assembled your hordes to loot; to carry off silver, gold, livestock and other wealth; to
take much plunder?"'

In verse (13) it is clear that the Western Alliance, including the United States, will be caught off guard by this sudden break from peace by this attack from a Russian led alliance. If you read all of 38 and 39 of Ezekiel it's crystal clear that God has put the thought into Russia's mind to initiate this attack along with Iran and an Arab alliance. The Lord has a score to settle with all the nations, but for some reason, the Lord has an special account to settle with Russia and this invasion opens the door for the Lord to supernatural fight on Israel's behalf in a big way. Remember, at this time, I believe these events will happen after the "false peace" covenant has been confirmed by the Antichrist, Israel will be completely surrounded by her enemies, thousands of missiles will be pointed in her direction and her land will have been divided and really she will be alone in the world except for one person - God will be on her side and He will go to war on her behalf! Let's not forget, God always wins!

The news today is evidence that God is working out all the fine details and seeing to it that alliances are being formed prior to the time of the end, the seven year tribulation period. Prophecy will be fulfilled and it's exciting to see the hand of God moving in our generation.

More Headlines below...

An EMP Spells Disaster - Without The Kaboom »

October 27, 2010

The sky erupts. Cities darken, food spoils and homes fall silent. Civilization collapses. End-of-the-world novel? A video game? Or could such a scenario loom in America's future? Electromagnetic pulses (EMP) are oversized outbursts of atmospheric electricity. Whether powered by geomagnetic storms or by nuclear blasts, their resultant intense magnetic fields can induce ground currents strong enough to burn out power lines and electrical equipment across state lines.
- USA Today

Dead Sea Scrolls Fragments in Texas »

October 26, 2010

Southwestern Baptist Theological Seminary (SWBTS) in Fort Worth, Texas has just added three Dead Sea Scroll fragments to its existing collection of three, making it the most sizeable group of scroll fragments to be held by an institution of higher education in the US. SWBTS acquired the new fragments from a European private collector through a gift from a friend of the seminary. The new fragments contain parts of Deuteronomy 9:25–10:1, Deuteronomy 12:11-14, and Psalm 22:4-13.

Did 'Molecular Tinkering' Cause Evolution In the Cell? »

October 25, 2010

In a study published in the online scientific journal PLoS Biology, the team gathered evidence to support their hypothesis that nuclear receptors evolved through "molecular tinkering." They wrote, "Our findings indicate that NR LBDs evolved their functional diversity by tinkering with a ligand-dependent transcriptional activator." However, the authors overlooked a few important considerations, each of which would make their conclusion premature.

China Denying The West Its Rare Earth Metals »

October 19, 2010

China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted some shipments of those materials to the United States and Europe, three industry officials said this week. The Chinese action, involving rare earth minerals that are crucial to manufacturing many advanced products, seems certain to further intensify already rising trade and currency tensions with the West.
- The New York Times

Extreme Surfers For Christ »

October 05, 2010
For the 18th year running the extreme sports missions organization Christian Surfers UK have held their big outreach surf contest, the Jesus Surf Classic. 

 The organization was able to attract more than 100 of the UK's top surfers to the North Devon's Croyde Bay, providing a great opportunity for Christian Surfers 'to be a Christian presence and witness' in the inspirational world of the surfing community.
- Inspire Magazine

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"Many nations shall come and say, Come, and let us go up to the mountain of the Lord, To the house of the God of Jacob; He will teach us His ways, And we shall walk in His paths." For out of Zion the law shall go forth, And the word of the Lord from Jerusalem. - Mic 4:2

"If I forget thee, O Jerusalem, let my right hand forget her cunning. If I do not remember thee, let my tongue cleave to the roof of my mouth; if I prefer not Jerusalem above my chief joy." Psalm 137:5,6

Shalom v'ahava b'Yeshua HaMashiach
(Peace and love in Yeshua The Messiah),

Bro Stef
Publisher & Watchman
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'But if the watchman sees the sword
coming and does not blow the trumpet and the
people are not warned, and a sword comes and
takes a person from them, he is taken away in his
iniquity; but his blood I will require from the
watchman's hand.' Ezekiel 33:6

Then those who feared the Lord spoke to
one another, And the Lord listened and heard
them; So a book of remembrance was written
before Him For those who fear the Lord And
who meditate on His name. AMEN! Malachi 3:16

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