"An Adult faith does not follow the waves of fashion and the latest novelties."
Pope Benedict XVI

Tuesday, September 21, 2010

Economic Crash of 2010

THE CATHOLIC KNIGHT:  I realize that as of the date of this blog entry (9/21/2010) it looks as if the stock market has averted disaster, and things are on the uptick again with the Dow Jones surpassing 10,700.  However, in spite of all the positive talk out there of how we just "dodged a bullet" I'm sorry to say the end is near.  The market collapse may be postponed for a short time because of optimism surrounding a likely Republican takeover of the congress this November, but politics cannot stop market forces.  It's a house of cards and it is going to come crashing down - guaranteed.  In an effort to keep my readers informed, I am passing on these YouTube videos...





1 comments; post here:

Anonymous said...

Hi Catholic Knight-
I watched these videos and will pass this along to people that I know.
I agree that our country is in serious trouble, but Jesus said to not be afraid, so I'm not. However, this could turn out to be a good thing for our nation in the long run. Our country didn't listen to Washington's farewell address when he warned us against becoming involved in the affairs of other nations. We became power-hungry and greedy. Now, this has come back to bite us in our behinds.
-Mary