Showing posts with label Petrodollars. Show all posts
Showing posts with label Petrodollars. Show all posts

Saturday, December 06, 2008

ISLAM: And so it comes to pass!

Swiss minaretOver one millennia ago, Muhammadans designed minarets into their houses of worship. Now, when built in traditionally Western towns and cities, they stick out like a sore thumb. And, rightly or wrongly, people complain.

Over one millennia ago, Christians began to designed crosses into their houses of worship. Then, as now, when built in traditionally Western towns and cities, they didn't and don't stick out like a sore thumb to the "christian" city fathers, planners, or citizens.

German CathedralBut they do, and have, for centuries, to Muslims. Especially when built along the lines of cathedral architecture.

The design concepts accomplish two common objectives in the worldviews of Muslims and Christians; first, to glorify their respective Gods and, second, to assist in city wide awareness of their location and presence.

Had authentic Christians (Matthew 7:22) in those communities where the cloud scrapping minarets have become an eye irritation been obedient to their God's instructions (Matthew 28:18-20) they would not now be suffering this communal angst.

That Islam is now in ascendancy in the West is the fault of the Body of Christ (Ephesians 4:11-13), not the fault of Islam or the local government. To their credit they are doing what their teachings tell them to do.

It is also the fault of the Western Body of Christ to have developed an economy so dependent on oil ... for oil is the cash cow of Islam's growth. Without the petro-dollars they now enjoy, they couldn't build a chicken hutch in my backyard.

So, "church," don't complain to government agents or bureaucrats when an enclave of Muhammadans move into your town; instead, organize a community wide outreach (Acts 1:7-8) at your church, with your members, next Sunday afternoon.

h/t Islamophobia Watch

UPDATE: If this has wet your appetite visit Cranmer for a post on the health of the church in the UK.


Wednesday, November 12, 2008

PETRO DOLLARS: USA consumers apparently funding UK bailout!

If I understand this right, the UK's Gordon Brown (PM) is seeking to influence Saudi Arabia's support of the IMF and the World Bank ... why? Because the Saudis have excess petrodollars lying around and the IMF and the World Bank, due to the seriousness of the global financial crisis, don't! So?

It seems Brown, like most of the rest of the world, needs tons of pounds to bail the English economy out,
and the UK doesn't want to be seen going hat in hand to Arab Gulf states; normally the only source of those funds is the IMF and the World Bank.

Where did the Saudis get all this hard cash? From petrodollars ... the recent rise in crude prices filled Arab States coffers. Where do the petrodollars come from? Well, something shy of 25% of every petrodollar comes from the American consumer (this assumes US petroleum consumption and US energy consumption track).

So if the Saudis agree to fund the IMF and the World Bank, and the UK obtains bailout funds from them, about 20 cents of every dollar borrowed by the UK would come from an American purse!

So, the American taxpayer is not only bailing out AIG, the national banking system, an
d soon the automakers, but theoretically any nation or group that relies on Saudi funding; blend in ongoing funding of the UN (22% of annual budget), the consumer's indirect involvement in any UK bailout, the fact that Arabian petrodollars go to support terrorist organizations, and a web of self-destructive global financing begins to appear before our eyes.

What a mess! If we factor in the bankrupt Social Security and Medicare systems it gets even messier.

American taxpayers need immediate action from their representatives.