Tag Archives: Finance

Indefinite Detention Bill

http://www.aljazeera.com/news/americas/2011/12/2011121643213177164.html

The National Defense Authorization Act (NDAA) for Fiscal Year 2012 is a controversial bill that has been passed by both houses of Congress separately, and a final version approved by the Senate on 15 December 2011. Though the White House and Senate sponsors maintain that the Authorization for Use of Military Force Against Terrorists (AUMF) already grants presidential authority for indefinite detention, the Act legislatively codifies the President’s authority to indefinitely detain terrorism suspects, including American citizens, without trial as defined in Title X, Subtitle D, SEC 1031(a-e) of the bill Because those who may be held indefinitely include U.S. citizens arrested on American soil, and because that detention may be by the military, the Act has received critical attention by the American Civil Liberties Union (ACLU) and media sources. Source:Wikipedia

The Senate approved the $662 billion defence bill in an 86-13 vote on Thursday, December 15th after passing the House of Representatives on December 14th in a 283-146 vote.

Co-Author of the bill, Arizona Senator John McCain,  told Rand Paul during a hearing on the bill that American citizens could be declared an enemy combatant, sent to Guantanamo Bay and detained indefinitely, “no matter who they are.”

“I strongly believe the detainee provisions in the bill are constitutional and in no way infringe upon the rights of law-abiding Americans.  Unfortunately, rarely in my time have I seen legislation so consistently misunderstood and misrepresented as these detainee provisions.  The hyperbole used by both the Left and the Right regarding this language is false and misleading.  Let me be clear, the language in this bill will not affect any Americans engaging in the pursuits of their Constitutional rights.  The language does recognize that those people who seek to wage war against the United States will be stopped and we will use all ethical, moral, and legal methods to do so.

“I am very pleased that the Administration has finally recognized that the language we have adopted merits the President’s signature and will soon be signed into law.  While we have made some technical changes to the detainee provisions, they remain substantially the same as passed by the Senate Armed Services Committee.” Source: John McCain’s website

Other News:

Congress Clears $1 Trillion Budget Measure to Avert Shutdown

House Approves $1 Trillion Budget Measure to Avert Shutdown

Death Toll Rises From Clashes in Cairo

Defense chief Panetta visits Libya

“The torch of freedom that has passed throughout the centuries and now passes from nation to nation in the Middle East and North Africa burns brightly here in Libya. May it light your way to a future of peace, prosperity and freedom,” Panetta said.

French credit downgrade could come ‘within days’

Rick Warren to open PEACE Center at Saddleback Church

The $2 million project, funded by church donations, raised $600,000 during a Thanksgiving collection.

No More Shadow Government

The 2011 Bilderberg meeting in Switzerland has ironically been highly publicized. The meeting of the “Shadow Government” elites was once a matter taken up by folks like Alex Jones, but today it’s on the Front page of Drudge Report. Matt Drudge is hardly an ‘alternative’ news site. If you look at his lists of links you’ll note a heavy influence from “MSM” (news junkies refer to this as Main Stream Media). MSM is the shadow’s version of a psychological warfare playground. The MSM intends to keep people fed on a steady diet of Entertainment news, Political smut stories (Weiner/Schwarzenegger/Spitzer/Edwards et al.) So, why then ‘choose’ to release the names of the attendees of this ‘shadow government’ unless to make a dramatic shift? I think there’s a reason behind this courteous gesture but we’ll have to wait and see. And for your viewing pleasure here’s the list of the people who really run the show…(of course some attendees remain unlisted).

USA

  • Alexander, Keith B., Commander, USCYBERCOM; Director, National Security Agency
  • Altman, Roger C., Chairman, Evercore Partners Inc.
  • Bezos, Jeff, Founder and CEO, Amazon.com
  • Collins, Timothy C., CEO, Ripplewood Holdings, LLC
  • Feldstein, Martin S., George F. Baker Professor of Economics, Harvard University
  • Hoffman, Reid, Co-founder and Executive Chairman, LinkedIn
  • Hughes, Chris R., Co-founder, Facebook
  • Jacobs, Kenneth M., Chairman & CEO, Lazard
  • Johnson, James A., Vice Chairman, Perseus, LLC
  • Jordan, Jr., Vernon E., Senior Managing Director, Lazard Frères & Co. LLC
  • Keane, John M., Senior Partner, SCP Partners; General, US Army, Retired
  • Kissinger, Henry A., Chairman, Kissinger Associates, Inc.
  • Kleinfeld, Klaus, Chairman and CEO, Alcoa
  • Kravis, Henry R., Co-Chairman and co-CEO, Kohlberg Kravis, Roberts & Co.
  • Kravis, Marie-Josée, Senior Fellow, Hudson Institute, Inc.
  • Li, Cheng, Senior Fellow and Director of Research, John L. Thornton China Center, Brookings Institution
  • Mundie, Craig J., Chief Research and Strategy Officer, Microsoft Corporation
  • Orszag, Peter R., Vice Chairman, Citigroup Global Markets, Inc.
  • Perle, Richard N., Resident Fellow, American Enterprise Institute for Public Policy Research
  • Rockefeller, David, Former Chairman, Chase Manhattan Bank
  • Rose, Charlie, Executive Editor and Anchor, Charlie Rose
  • Rubin, Robert E., Co-Chairman, Council on Foreign Relations; Former Secretary of the Treasury
  • Schmidt, Eric, Executive Chairman, Google Inc.
  • Steinberg, James B., Deputy Secretary of State
  • Thiel, Peter A., President, Clarium Capital Management, LLC
  • Varney, Christine A., Assistant Attorney General for Antitrust
  • Vaupel, James W., Founding Director, Max Planck Institute for Demographic Research
  • Warsh, Kevin, Former Governor, Federal Reserve Board
  • Wolfensohn, James D., Chairman, Wolfensohn & Company, LLC

**Update**

And it’s just been leaked that Angela Merkel has arrived. And the Secretary-General of NATO, Anders Rasmussen. And Zapatero, the former Spanish PM. They’re not on ‘the list’ that was published on the official website about 12 hours after it was leaked to a Swiss website, but you have to remember the “final list” is never complete (a single example of an unlisted delegate: the President of Madrid in 2009). Still, it seems to satisfy some folk.

So that’s what’s happening in St Moritz: Chancellor Osborne and his Treasury team are attending a 4 day international summit with the Swedish Foreign Minister, the Chancellor of Austria, the Director General of the WTO, the Chairman of Novartis (revenue in 2010: $50 billion), and the Chairman of Kissinger Associates. And I’m just off down the hill for a press briefing.

Apparently, someone just spotted Bill Gates. SOURCE:GuardianUK

Belgium

  • Coene, Luc, Governor, National Bank of Belgium
  • Davignon, Etienne, Minister of State
  • Leysen, Thomas, Chairman, Umicore

China

  • Fu, Ying, Vice Minister of Foreign Affairs
  • Huang, Yiping, Professor of Economics, China Center for Economic Research, Peking University

Denmark

  • Eldrup, Anders, CEO, DONG Energy
  • Federspiel, Ulrik, Vice President, Global Affairs, Haldor Topsøe A/S
  • Schütze, Peter, Member of the Executive Management, Nordea Bank AB

Germany

  • Ackermann, Josef, Chairman of the Management Board and the Group Executive Committee, Deutsche Bank
  • Enders, Thomas, CEO, Airbus SAS
  • Löscher, Peter, President and CEO, Siemens AG
  • Nass, Matthias, Chief International Correspondent, Die Zeit
  • Steinbrück, Peer, Member of the Bundestag; Former Minister of Finance

Finland

  • Apunen, Matti, Director, Finnish Business and Policy Forum EVA
  • Johansson, Ole, Chairman, Confederation of the Finnish Industries EK
  • Ollila, Jorma, Chairman, Royal Dutch Shell
  • Pentikäinen, Mikael, Publisher and Senior Editor-in-Chief, Helsingin Sanomat

France

  • Baverez, Nicolas, Partner, Gibson, Dunn & Crutcher LLP
  • Bazire, Nicolas, Managing Director, Groupe Arnault /LVMH
  • Castries, Henri de, Chairman and CEO, AXA
  • Lévy, Maurice, Chairman and CEO, Publicis Groupe S.A.
  • Montbrial, Thierry de, President, French Institute for International Relations
  • Roy, Olivier, Professor of Social and Political Theory, European University Institute

Great Britain

  • Agius, Marcus, Chairman, Barclays PLC
  • Flint, Douglas J., Group Chairman, HSBC Holdings
  • Kerr, John, Member, House of Lords; Deputy Chairman, Royal Dutch Shell
  • Lambert, Richard, Independent Non-Executive Director, Ernst & Young
  • Mandelson, Peter, Member, House of Lords; Chairman, Global Counsel
  • Micklethwait, John, Editor-in-Chief, The Economist
  • Osborne, George, Chancellor of the Exchequer
  • Stewart, Rory, Member of Parliament
  • Taylor, J. Martin, Chairman, Syngenta International AG

Greece

  • David, George A., Chairman, Coca-Cola H.B.C. S.A.
  • Hardouvelis, Gikas A., Chief Economist and Head of Research, Eurobank EFG
  • Papaconstantinou, George, Minister of Finance
  • Tsoukalis, Loukas, President, ELIAMEP Grisons

International Organizations

  • Almunia, Joaquín, Vice President, European Commission
  • Daele, Frans van, Chief of Staff to the President of the European Council
  • Kroes, Neelie, Vice President, European Commission; Commissioner for Digital Agenda
  • Lamy, Pascal, Director General, World Trade Organization
  • Rompuy, Herman van, President, European Council
  • Sheeran, Josette, Executive Director, United Nations World Food Programme
  • Solana Madariaga, Javier, President, ESADEgeo Center for Global Economy and Geopolitics
  • Trichet, Jean-Claude, President, European Central Bank
  • Zoellick, Robert B., President, The World Bank GroupIreland
  • Gallagher, Paul, Senior Counsel; Former Attorney General
  • McDowell, Michael, Senior Counsel, Law Library; Former Deputy Prime Minister

Italy

  • Bernabè, Franco, CEO, Telecom Italia SpA
  • Elkann, John, Chairman, Fiat S.p.A.
  • Monti, Mario, President, Univers Commerciale Luigi Bocconi
  • Scaroni, Paolo, CEO, Eni S.p.A.
  • Tremonti, Giulio, Minister of Economy and Finance

Canada

  • Carney, Mark J., Governor, Bank of Canada
  • Clark, Edmund, President and CEO, TD Bank Financial Group
  • McKenna, Frank, Deputy Chair, TD Bank Financial Group
  • Orbinksi, James, Professor of Medicine and Political Science, University of Toronto
  • Prichard, J. Robert S., Chair, Torys LLP
  • Reisman, Heather, Chair and CEO, Indigo Books & Music Inc. Center, Brookings Institution

Netherlands

  • Bolland, Marc J., Chief Executive, Marks and Spencer Group plc
  • Chavannes, Marc E., Political Columnist, NRC Handelsblad; Professor of Journalism
  • Halberstadt, Victor, Professor of Economics, Leiden University; Former Honorary Secretary General of Bilderberg Meetings
  • H.M. the Queen of the Netherlands
  • Rosenthal, Uri, Minister of Foreign Affairs
  • Winter, Jaap W., Partner, De Brauw Blackstone Westbroek

Norway

  • Myklebust, Egil, Former Chairman of the Board of Directors SAS, sk Hydro ASA
  • H.R.H. Crown Prince Haakon of Norway
  • Ottersen, Ole Petter, Rector, University of Oslo
  • Solberg, Erna, Leader of the Conservative Party

Austria

  • Bronner, Oscar, CEO and Publisher, Standard Medien AG
  • Faymann, Werner, Federal Chancellor
  • Rothensteiner, Walter, Chairman of the Board, Raiffeisen Zentralbank Österreich AG
  • Scholten, Rudolf, Member of the Board of Executive Directors, Oesterreichische Kontrollbank AG

Portugal

  • Balsemão, Francisco Pinto, Chairman and CEO, IMPRESA, S.G.P.S.; Former Prime Minister
  • Ferreira Alves, Clara, CEO, Claref LDA; writer
  • Nogueira Leite, António, Member of the Board, José de Mello Investimentos, SGPS, SA

Sweden

  • Mordashov, Alexey A., CEO, Severstal
    Schweden
  • Bildt, Carl, Minister of Foreign Affairs
  • Björling, Ewa, Minister for Trade
  • Wallenberg, Jacob, Chairman, Investor AB

Switzerland

  • Brabeck-Letmathe, Peter, Chairman, Nestlé S.A.
  • Groth, Hans, Senior Director, Healthcare Policy & Market Access, Oncology Business Unit, Pfizer Europe
  • Janom Steiner, Barbara, Head of the Department of Justice, Security and Health, Canton
  • Kudelski, André, Chairman and CEO, Kudelski Group SA
  • Leuthard, Doris, Federal Councillor
  • Schmid, Martin, President, Government of the Canton Grisons
  • Schweiger, Rolf, Ständerat
  • Soiron, Rolf, Chairman of the Board, Holcim Ltd., Lonza Ltd.
  • Vasella, Daniel L., Chairman, Novartis AG
  • Witmer, Jürg, Chairman, Givaudan SA and Clariant AG

Spain

  • Cebrián, Juan Luis, CEO, PRISA
  • Cospedal, María Dolores de, Secretary General, Partido Popular
  • León Gross, Bernardino, Secretary General of the Spanish Presidency
  • Nin Génova, Juan María, President and CEO, La Caixa
  • H.M. Queen Sofia of Spain

Turkey

  • Ciliv, Süreyya, CEO, Turkcell Iletisim Hizmetleri A.S.
  • Gülek Domac, Tayyibe, Former Minister of State
  • Koç, Mustafa V., Chairman, Koç Holding A.S.
  • Pekin, Sefika, Founding Partner, Pekin & Bayar Law Firm
  • Sutherland, Peter D., Chairman, Goldman Sachs International

Official Bilderberg site for their ‘list’
Don’t tell me my “vote” counts in 2012, do you see my name on this list? I wasn’t invited so I don’t believe my “vote” will change anything! Silly rabbit, democracies are for tricks.

Here’s to 100 more Years FED

The FEDERAL RESERVE is celebrating it’s centennial. Yes, 100 years of slavery of the American people has come to it’s pinnacle. On November 3rd while many conservatives were drunk on the smell of victory, the Federal Reserve Chairman, Ben Bernanke, dumped 600 BILLION dollars into the credit system. This type of bailout for general purposes is called, “Quantitative Easing.” It’s what some gangsters call funny money, counterfeit money, fake fiat, fools gold, smoke & mirrors, junk bonds, foreclosure gate…you know, neither here nor there, but it makes investors think we’re not going to go broke (just yet). Never mind the run up on gold might have something to do with Iran buying 100 Billion in Bullion. Nah, who wants to bring that up. Or that the foreclosure situation took a back seat for the elections, because really who wants to know that the major banks in the world have ceased in processing foreclosures because there are no legal binding documents to do such thing and really no assets to speak of; hence the illusion begins to fade and the curtain appears to reveal there is deep insolvency. Because really, the bank loans were bundled up and sold with all sorts of things. It could be considered insurance I guess, a sweet maneuver whoever thought of it. With one badly leaked conspiracy story the whole lot of countries and currencies could be dismantled if the US caught wind that it wouldn’t be included in the New World Order’s basket of currencies. The FED. A non-American, non-governmental group, a group of International Central Bankers runs this country. No majority party can deny that. And I wonder if they, the FED, are going to have a Pinata this year? Perhaps a lady liberty one that is stuffed with American jobs, American wealth, and American Spirit, to be laid bare and naked for all the world to see. How else can the elites move forward? Hmmm….Interesting.

Shari’a connection to Calvary Chapel Costa Mesa?

Why is a financier who practices Shari’a law, CIA op, invited to speak at a ‘Prophesy Conference?’ Maybe he’s going to direct all the sheeple to put money in his hedge fund because he can ‘discern’ the turns of the market and he ‘knows’ that the whole thing is going to collapse soon? Maybe. Or maybe the infiltration of Mammon worship has gone beyond Wall St. & Mega Churches.



“Jim Rickards” otherwise known as James G. Rickards was invited to speak at Calvary Chapel Costa Mesa’s Prophesy Conference this past September.

I reported last year on Chuck Smith’s appearance with and endorsement of Rick Warren at last year’s Harvest Crusade.

(see here)

Since then the demise of Calvary Chapels everywhere is all but obvious and yet still shrouded in secrecy. Now, a CIA, intergovernmental agent, is making his rounds at a “Prophesy” conference. (Rickards is a self-admitted Catholic) I do not know if this man is a Saved, Born Again, Regenerate Christian. Realistically, if one takes a look at any Calvary Chapel Conference being a Christian is not a requirement to be a speaker (another good reason to test the spirits that come into your church body). As you will read below, Mr. Rickard’s bio on his Omnis site is much more telling than the one that Calvary Chapel Costa Mesa disclosed.

James G. Rickards, Senior Managing Director for Market Intelligence

Jim RickardsJames G. Rickards is Senior Managing Director for Market Intelligence at Omnis, Inc. and co-head of the firm’s practice in Threat Finance & Market Intelligence.  He is also a member of the Board of Directors.  Mr. Rickards is a seasoned counselor, investment banker and risk manager with over thirty years experience in capital markets including portfolio management, risk management, product structure, corporate finance, regulation and operations.

Mr. Rickards’s career prior to Omnis spans an over 30-year period during which he was a first hand participant in the formation and growth of globalized capital markets and complex derivative trading strategies.  He has held senior executive positions at “sell side” firms (Citibank and RBS Greenwich Capital Markets) and “buy side” firms (Long-Term Capital Management and Caxton Associates) as well as technology firms (OptiMark).  Mr. Rickards has been a direct participant in many of the most significant financial events over the past 30 years including the 1981 release of US hostages in Iran, the 1987 Stock Market Crash, the 1990 collapse of Drexel, and the LTCM financial crisis of 1998 in which Mr. Rickards was the principal negotiator of the government-sponsored rescue.  He has been involved in the formation and successful launch of several hedge funds and fund-of-funds. His advisory clients have included private investment funds, investment banks and government directorates.  Since 2001, Mr. Rickards has applied his financial expertise to a variety of tasks for the benefit of the US national security community and the Department of Defense.
Mr. Rickards is licensed to practice law in New York and New Jersey and various Federal Courts and has held all major financial industry licenses including Series 3, Series 7, Series 24, Series 30 and Series 63.  He has been a frequent speaker at conferences sponsored by bar associations and industry groups in the fields of derivatives and hedge funds and is active in the International Bar Association. He has been the interviewed in The Wall Street Journal, The Washington Times, Politico and on CNBC’s Squawk Box, as well as Fox, CNN, NPR and C-SPAN and is an OpEd contributor to the New York Times and the Washington Post.
Mr. Rickards is a graduate school visiting lecturer in finance at Northwestern University and the School of Advanced International Studies.  He has recently delivered papers on econophysics at the Applied Physics Laboratory and the Los Alamos National Laboratory.  Mr. Rickards has published numerous articles in the fields of cognitive diversity, network science and risk management. He is a member of the Advisory Board of Shariah Capital, Inc., a firm specializing in Islamic finance and is also a member of the International Business Practices Advisory Panel to the CFIUS (Committee on Foreign Investment in the United States) Support Group of the Director of National Intelligence.
Mr. Rickards holds an LL.M. (Taxation) from the New York University School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from the School of Advanced International Studies, Washington DC; and a B.A. degree with honors from the School of Arts & Sciences of The Johns Hopkins University. (Source: Omnis Inc.)

Another bio fact:

I was formerly General Counsel of Long-Term Capital Management, the hedge fund at the center of the 1998 financial crisis, where I was principal negotiator of the Wall Street rescue plan sponsored by the Federal Reserve Bank of New York. (per his testimony Before the Subcommittee on Investigations and Oversight Committee on Science and Technology U.S. House of Representatives September 10, 2009)

Calvary Chapel Costa Mesa’s Advertisement:

Maranatha 5 Prophecy Conference
Perplexity of Nations – DVD/MP3
:
“There shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity …” ~ Luke 21:25.
Today we observe …
• Global financial debt, thrusting securities to collapse
• Iran threatens Israel’s existence with destruction
• Worldwide cataclysmic upheavals
• Pandemic epidemics
• Corrupted governmental ratifications and rulings
As children of God, what are we to do in light of such “perplexity”?
Pastor Chuck, James Rickards, Don Stewart and Doug Hamp survey the key events of the end times and share how today’s headlines strikingly foreshadow biblical prophecies. Your mind will be informed and your heart will be moved to be ready for the Lord’s soon return.
BONUS: Calvary Chapel senior pastors address eschatological issues and questions for Pastor Chuck and Don Stewart to respond and answer.
Chuck Smith is the senior pastor at Calvary Chapel of Costa Mesa, California, and has been a Bible teacher for more than sixty years. His Bible studies can be heard worldwide on the radio program, The Word For Today.

Jim Rickards is senior managing director for market intelligence at Omnis, Inc. He has been a direct participant in significant financial events over the past 30 years including the 1981 release of hostages from Iran and was also the principal negotiator for the government-sponsored bailout of LTCM. His clients include private investment funds, investment banks and government directorates in national security and defense.[end]

If you visit Sharia Inc. online you will not see James G. Rickards name on the site. I know. I looked. I do apply research to my items! Since he’s a ‘Board Member’  I assumed his name wouldn’t be on the site. Take one name, Dr. Shaykh Yusuf  Talal Delorenzo the Chief Shariah Officer of Sharia Inc. (who as of October 4th moved to Dubai) and James G. Rickards and do a search and then you will find this; An archived Wall Street Journal Online article entitled:

When Hedge Funds meet Islamic Finance Augus 9, 2007

Dr. Yusuf Talal DeLorenzo pictured with Ahmed Bin Sulayem, Executive Chariman, DMCC

One recent afternoon, New York money manager James Rickards presented Sheik Yusuf Talal DeLorenzo with a dilemma: Could his hedge fund be Islamic friendly? Islam prohibits all kinds of speculative behavior that is embedded in Wall Street’s DNA. But Mr. DeLorenzo, a  Massachusetts-born convert to Islam, is on a mission to meld centuries-old Islamic law with modern finance in the U.S. Mr. Rickards’s fund couldn’t bet on currency futures or some of the shares in the Standard & Poor’s 500 index, Mr. DeLorenzo said, if he wants observant Muslims to invest. But some alterations could earn the sheik’s approval — such as holding currencies instead of futures, and buying only S&P 500 companies that aren’t debt-heavy or dependent on profit from interest payments. “Music to my ears,” Mr. Rickards said. “It sounds like I can still get the effect I’m looking for.”

more from the article:

‘Excruciating Detail’
Mr. DeLorenzo and other well-known scholars began by breaking down the entire process of the traditional short sale “in excruciating detail,” recalls Mr. Meyer. Some of the scholars’ questions stumped even seasoned short-selling pros. One example: If an investor borrows shares in a company, and that company goes bankrupt, who has voting rights?

Questions like that were “just exasperating,” Mr. Meyer says. “You’re thinking, ‘It’s bankrupt, what does it matter?’ But in Islamic finance, you always need to know ownership and control” to make sure the risk is shared among the parties. After months of meetings in London and New York, Mr. DeLorenzo and his fellow scholars adapted the arboon contract — akin to a down payment that enables the short-seller to take ownership of the share, rather than just borrowing it.

To address avoiding companies with too much debt or other issues under Islamic law, Shariah Capital developed new screening software. It taps directly into the quarterly reports that companies file electronically to the Securities and Exchange Commission and weeds out businesses that carry high amounts of debt or reap significant income from interest payments.

Mr. DeLorenzo now holds the title of chief Shariah officer for the company, and can tap into the software and monitor what’s being traded at any time. Two U.S. hedge fund firms have signed up to use the trading platform so far, and Mr. Rickards, the New York hedge-fund manager, is considering joining them.

Mr. DeLorenzo says he hopes adapting Islam to modern finance could eventually influence other areas of Islamic law. Shariah has “essentially been in a coma for several centuries,” he contends. “It desperately needs reviving.” He says he wants to expand his own small group of colleagues, but encounters cultural obstacles. He recalls a meeting earlier this year in Dubai where a scholar lectured a group of visiting executives from a multinational investment firm about the sinfulness of conventional finance. “It was worse than bad,” Mr. DeLorenzo says. . [end of source]

Clearly Shari’a banking is part of Islamic Religion. Islam boasts that it is a full system, Religious, Political, Monetary, and Community all rolled in one. Would the bible believing Christians who trust in their ‘shepherd’ bode well to know that James Rickards has compromised himself enough to promote, produce, and perpetuate Shari’a Law & Islamic Banking in the United States? Would those bible believing Christians not warrant pause of concern, or even hesitation at taking this man’s advise on a looming “Economic Armageddon” if they knew that the same person dishing out futures advise on the market might possibly be the one who’s creating it in the first place? Is it above our pay grade as average, stupid, American, Christians to question motives of speakers at our conferences or better yet the level of compromise from the very ‘shepherd’ held in regard to protect said flock?

One could assume James G. Rickards knows that the USD will be devalued and Gold will hit $5,000.00 because he’s really smart, knows the right people, and has the right connections. But this article is addressing this question, “What is a financier, CIA op, Shari’a Investment Banker, doing at Calvary Chapel Costa Mesa at a “Prophesy” conference?

It’s a nagging question. We could also ask ourselves a more compelling question at this point in the Apostasy,

Who is Chuck Smith?”

2 Thessalonians 2:1-8

1 Now, brethren, concerning the coming of our Lord Jesus Christ and our gathering together to Him, we ask you, 2 not to be soon shaken in mind or troubled, either by spirit or by word or by letter, as if from us, as though the day of Christ had come. 3 Let no one deceive you by any means; for that Day will not come unless the falling away comes first, and the man of sin is revealed, the son of perdition, 4 who opposes and exalts himself above all that is called God or that is worshiped, so that he sits as God in the temple of God, showing himself that he is God.
5 Do you not remember that when I was still with you I told you these things? 6 And now you know what is restraining, that he may be revealed in his own time. 7 For the mystery of lawlessness is already at work; only He who now restrains will do so until He is taken out of the way. 8 And then the lawless one will be revealed, whom the Lord will consume with the breath of His mouth and destroy with the brightness of His coming.

Matthew 6:19-25

19Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:

20But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:

21For where your treasure is, there will your heart be also.

22The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light.

23But if thine eye be evil, thy whole body shall be full of darkness. If therefore the light that is in thee be darkness, how great is that darkness!

24No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.

25Therefore I say unto you, Take no thought for your life, what ye shall eat, or what ye shall drink; nor yet for your body, what ye shall put on. Is not the life more than meat, and the body than raiment?

1 Timothy 6:10
For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs.

Hebrews 13:5-6

5Make sure that your character is free from the love of money,being content with what you have; for He Himself has said, “I WILL NEVER DESERT YOU, NOR WILL I EVER FORSAKE YOU,”

6so that we confidently say,
“THE LORD IS MY HELPER, I WILL NOT BE AFRAID.
WHAT WILL MAN DO TO ME?”

*Editors note* I did attempt to contact Chuck Smith via Word for Today site. I submitted questions to him asking if he was aware that Rickards was involved in Shari’a Finance. I have not received a reply(submitted 1 week ago). I also contacted Rickards via Twitter and have replies from him stating he does not know Smith personally but was asked by his “assistant” to come speak, and that he’s a “Catholic” and in his “spare time conducts counter-terrorism.”

James G. Rickards: Team Tangent Capital

Sharia Capital Inc.

Omnis Inc.

OptiMark Inc.

Please also read: Are you on the List? Churches who are joined to UN Interfaith World Council of Churches

See also: I will not Follow

flashback: Woe.

For more on Calvary Chapel and their Leaven see the ‘CC’ page in my header on Homepage!

 

*Update* Although this piece of information has little to do with Chuck Smith hosting a Banker who also conducts Sharia Compliant Businesses it does continue on the same vein. Chuck Missler who has had an extensive Calvary Chapel career also has a business called, SwanSat. Swan Sat is a “satellite” system which happens to promote the use of a single currency it created called the Auric for Africa. Interestingly SwanSat wants its potential investors to know that it is a Sharia compliant business and thus is open to the Islamic Banking community. See for yourself Here: SwanSat site. (as always use of a link is not an endorsement) Seems Calvary Chapel and it’s “affiliates” have diverse backgrounds.