We Just Took Another Big Step Closer to a Sudden Market Crash

NDAA2016In a press conference yesterday afternoon, several U.S. Congressmen announced, after three months of reconciling their differences, the Senate and House have finally reached a compromise for the 2016 National Defense Authorization Act.

Watch their 29-minute press conference on C-Span.

The House approved their version of the bill (HR1735) on May 15, 2015 by a vote of 269-151. The Senate approved their version (S.1376) on June 18th, 2015, with a vote of 71-25. Now the two bills have been merged together in a process that resolved differences on 874 issues.

The National Defense Authorization Act (NDAA) for Fiscal Year 2016 is the comprehensive legislation to authorize the budget of the Department of Defense and the national security programs of the Department of Energy.

The bill appears to be on a fast track to the finish line with bi-partisan support to get it authorized into law right away. According to Mac Thornberry, Republican U.S. Representative from Texas, and Chairman of the House Armed Services Committee, the House will vote on the final bill tomorrow, October 1 2015.

John McCain’s original forecast of finalizing the bill by early July proved to be way off, but it now appears likely to be sent to President Obama in October.

This story is important because it is the event the Lord showed me to watch for as a sign that a sudden crash of the stock market and devaluation of the U.S. dollar is about to happen. I shared the details of how the Lord showed this to me in a dream in my previous post, The Event Before the Event.

I was not shown which country the aid was for, but it now appears to be for Ukraine because the bill originally passed in the House with $200 million in aid for Ukraine, which is the exact number I saw. Then I saw President Obama increasing that amount to $1.2 billion.

When the House bill 1735 was sent to the Senate, they increased the Ukraine aid package to $300 million. The Conference Agreement adopted the Senate’s number for the final bill, $300 million. I don’t think that really matters though because I saw in my dream the amount started at $200 million and it did.

Military aid to Ukraine appears to have strong bipartisan support. In the press conference yesterday, Senator McCain described aid for Ukraine as a “pressing national security priority.” The Conference Agreement included this statement:

“The Conferees remain concerned that the President has not done enough to provide military training and assistance to Ukraine to allow it to defend itself and increase the costs to Russia for engaging in such aggressive behavior.” (Source: House Conference Report)

So the stage appears to be set for President Obama to increase funding to $1.2 billion because he would likely receive strong support.

The United States has provided non-lethal military aid to Ukraine for many years, but this bill would be the first time we have provided them with lethal military aid.

Since I saw Obama increasing the amount of spending authorized by Congress, I have wondered how he could get away with doing that because it violates two sections of our Constitution.

  1. Article 1, Section 7, says the President’s duty is to sign bills into law and execute them exactly as specified by Congress. If the President doesn’t support the bill he has the option to veto it and send it back to Congress. The Constitution makes no provision for the President to make any changes to bills sent to him by Congress.
  2. Article 1 Section 9 says only Congress has authority to draw money from the Treasury. The President has no Constitutional power to spend any money beyond what Congress has authorized him to spend by law.

In addition, President Obama has twice sworn, “to the best of my ability, to preserve, protect and defend the Constitution of the United States.”

So what I saw him doing would violate both the Constitution and his oath to uphold the Constitution. He has no Constitutional authority to change any bill or to spend any money over what Congress has authorized, but he is about to do both. I didn’t have to look very far to find how this could happen.

Congress has effectively surrendered their power to the President by authorizing an enormous $89.2 billion slush fund that he can spend as he chooses. It is called the Overseas Contingency Operations (OCO) fund. It represents about 15% of the total $604.2 billion defense budget. Since Ukraine is overseas, perhaps this is how Obama will justify funding their aid package. The $1.2 billion cost would only be a small portion of the total slush fund. One way or another, I believe he will find a way to make it happen.

Congress is also using the OCO fund to circumvent automatic spending caps that they authorized and were supposed to start implementing in 2013. Instead, they just moved the funds to a different line item, the OCO line, to keep spending all they want. To make it even worse, OCO funding is not subject to any budget caps. With this kind of nonsense going on, it is not hard to understand why our country is in big trouble.

It sounds like a great bill for President Obama, but amazingly he has threatened to veto it because he doesn’t like the spending caps imposed by sequestration or any of the other stipulations imposed by Congress. Here is a quote from the White House:

The Administration strongly objects to the bill’s authorization of sequester level appropriations for items that were requested in and belong in the base budget and the use of OCO, a funding mechanism intended to pay for wars and not subject to the budget caps, to pay for $38 billion in base requirements. Sequestration adds risk to our national security by threatening the size, readiness, presence, and capability of our military, and threatens the economic security on which our national security depends. The Committee clearly recognizes that the President’s Budget level for defense is needed, but authorizes it in a way that fails to acknowledge the need to reverse sequestration for both defense and non-defense spending. (See the whole document)

The Obama Administration also complained about constraints and stipulations that Congress included in the bill regarding the aid package for Ukraine.

The Administration strongly objects to the limitation in section 1251(c)(2), which stipulates that no more than 50 percent of the $300 million in authorized funds may be obligated until at least 20 percent is spent on lethal assistance or counter-battery radars. This limitation forces the hand of the Administration in providing lethal assistance to the government of Ukraine – a decision that should rest with the Executive Branch.(See the whole document)

Does anyone see a pattern here? Our leaders have cast off all restraint. I believe their misuse of the OCO fund is just another example of how lawlessness has replaced our Constitution. The Congress has even cast off the spending caps that they imposed on themselves. President Obama refuses to be restrained by our Constitution, by spending caps, or by any stipulations regarding Ukraine. He insists on doing whatever he wants.

Casting off restraint is the definition of lawlessness, which is the spirit of antichrist.

Proverbs says where there is no vision the people cast off restraint (Proverbs 29:18). The New Revised Standard Bible translates this verse, “Where there is no prophecy, the people cast off restraint, but happy are those who keep the law.” The Hebrew word used in that verse is chazon, which means sight or vision, as in a dream, vision, revelation, or word from the Lord, which all come from the gift of prophecy.

We have lost our vision. We have lost sight of God’s plans for our future, which we were once willing to fight for and even die for. We have stopped fighting and started folding. We have cast off restraint to seek our own way, to do whatever we want. In our blindness, we have embraced lawlessness, the spirit of antichrist.

Having yielded ourselves to the spirit of lawlessness, we have opened the door to everything that comes with it, including violence and looting throughout our land. I believe the coming market crash is the beginning of the end of our Constitutional Republic. Who better than the man of lawlessness to finish the job?

James Bailey

Author: James Bailey

James Bailey is an author, business owner, husband and father of two children. His vision is to broadcast the good news of Jesus Christ through blog sites and other media outlets.

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Bill Weather
Member
October 12, 2015 9:33 AM

James, am I correct in saying that when NDAA is signed by the president,we still would have to wait for the 1.2 billion to come into play, which could be a weeks after the present signs it???

David
David
Member
October 7, 2015 4:14 PM

The following is published on rollcom.com :
“Annual defense policy legislation was cleared by the Senate Wednesday and is headed to the White House by a veto-proof majority, though Democratic leaders have vowed to sustain the president’s objection.
In a 70-27 vote, the Senate adopted the conference report for the fiscal 2016 defense authorization bill (HR 1735). ….
You can read the entire publication here: http://www.rollcall.com/news/senate_clears_ndaa_with_veto_proof_majority-244097-1.html

Ko
Ko
Member
October 6, 2015 10:19 PM

Just saw this info on the End Time Facebook group: NDAA was approved by senate today (73-26, with Rubio missing the vote), just waiting to be signed by Obama.

Tony
Tony
Member
October 7, 2015 1:00 AM

Hi Ko, http://democrats.senate.gov/2015/10/07/schedule-for-wednesday-october-7-2015/#.VhSmMW7M_48The Senate stands adjourned until 9:30am on Wednesday, October 7, 2015.
Following Leader remarks, the Senate will resume consideration of the conference report to accompany H.R.1735, NDAA; the time until 1:00pm will be equally divided between the two Leaders or their designees; the time from 1:00pm until 1:30pm will be controlled by the Democratic manager or his designee; and the time from 1:30pm until 2:00pm will be controlled by the Republican manager or his designee.

At 2:00pm, all post-cloture time on the conference report to accompany H.R.1735 will be considered expired and the Senate will vote on adoption.

Peter Harbison
Peter Harbison
Member
October 5, 2015 11:53 PM

James, I just read this article concerning the bond market. You might (or might not) be interested.
http://www.jpost.com/Business-and-Innovation/GLOBAL-AGENDA-Junk-train-wreck-419716
Regards

David Mullins
David Mullins
Member
October 5, 2015 1:01 AM

There doesn’t have to be some major event to make the markets crash. God is always in control. If He so chooses, He can bring it down in a moments notice. Maybe He will allow more time for more people to get out of the markets. My younger sister asked me a couple of weeks ago, what she should do with her 401K, she has never been interested in any of this, but now she is telling me she thinks something is about to happen, and she doesn’t want to lose all her money. She remembered me telling her to protect her 401K in the crash of 2008. I have been warning a lot of people like I did back then. Before the Lord led me to this website, I knew the markets were about to crash, I had been praying and asking Him, where should I move my money to, and then I found this site. I knew without a doubt, He brought me here. The Lord is doing a work in people’s hearts, many have been away from the Lord for a long time, and Jesus is bringing His lost sheep back into the fold. He will leave the 99 to go find that 1 lost sheep. He loves us and will never forsake us. I guess what I’m getting at here is, we need not worry about when the markets will crash, but focus on Jesus, and pray there is more time for people to come to the saving grace of Jesus Christ. Many are stressed out and are in bad financial shape, but
Trust in the LORD with all your heart And do not lean on your own understanding. In all your ways acknowledge Him, And He will make your paths straight.…Proverbs 3:5

Jeff
Jeff
Member
October 4, 2015 10:54 PM

Sorry to go on and on but…….. If/when gold is elevated to it’s true price discovery (with China’s help) the Australian and Canadian dollar (commodity based currencies) would also rise a lot. This would put even more downward pressure on the dollar(because they are part of the basket of currencies)……………. I just had a thought……perhaps this gold occurrence IS the big reason the dollar falls. Why ? the USD/CHF trade James speaks about IS the essence of gold backed currencies. The Swiss are considered/ perceived as the Euro member with a gold foundation……The US has no gold to stand on……… The punchline… Of all the currency pairs to consider these 2 are “gold opposites”…….

Jason09
Jason09
Member
October 5, 2015 4:03 AM

Peter Kumar also speaks a bit about the Aussi and Candian Dollar
https://www.youtube.com/watch?v=LU6slgh7WtA&feature=youtu.be
and in Part 2

Bill Weather
Member
October 4, 2015 12:49 PM

James, if all of this goes thru with the 1.2 billion, then we should be seeing germany start to unwind at the same time. Or first would come a small crash in the us, then after, the major upheaval with germany, but I’m skeptical because a 30% devaluation and crash of our market would automatically take all markets down, including Germany, so I do have that unanswered question in my mind, how can the us go down first if germany Is supposed to go down first???

Jeff
Jeff
Member
October 4, 2015 5:44 PM

weather ….. love your thought process perhaps because I go thru the same thought analysis on all these economic/political moves……….I was thinking the same thing today. What occurrence would have to happen to cause a neg dollar event WITHOUT effecting the rest of the world ?…… Perhaps since the dollar is relatively stronger (today) than other currencies, an event centered here would cause a temporary flee to safety elsewhere. Safety seeking gold, Yuan, and Euro, in that order……. If Russia/China expose the US’s non-gold holdings these 3 would rise. The Euro has problems but their member countries do hold significant gold……….. Another US centric occurrence would be earthquakes, riots, and political turmoil……

Jeff
Jeff
Member
October 4, 2015 6:20 PM

This is the riots and political turmoil I was referring to ………. [ https://www.youtube.com/watch?v=VERetlefFM0 ]

Bill Weather
Member
October 1, 2015 8:12 PM

I think the time has come for all of us here to band together to all at once pray hard that Yahweh would show us and confirm to us, with amazing grace, and strong confirmation, when this next crash begins! We need this because a number of people are in october options, but what if it’s for late October past expiration. Others are not fully in and are out waiting. 
SO, THIS WEEKEND, I am asking all of us here to beseech Heavens help. Let us all pray in unison that the Father would show us when this market is to crash and to back it with signs and wonders because the Lord knows how much the Devils have hindered us with false words and misinterpretations. THIS WEEKEND, CRY OUT WITH ALL YOUR HEART, LORD SHOW US!

faith
faith
Member
October 1, 2015 6:41 PM

Looks like the House passed the NDAA conference report today and the Senate may vote next week.
http://www.defensedaily.com/house-passes-ndaa-conference-report-as-budget-talks-begin-between-obama-and-gop/

Fat B
Fat B
Member
October 1, 2015 2:29 PM

Does anyone know when the Fed could raise interest rates again?

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