V RaptureChrist Newsletter
Oct 1, 2009

It is fitting that the G20 meeting of the twenty most important countries takes place in Pittsburgh -- the former steel town which is now a shadow of its former self.

G20 is a gathering of the twenty most powerful nations trying to find answers as we struggle to cope with a worsening global recession.

Instead of promoting greater trade and cooperation, the G20 meeting burdens business with more regulations.

Bankers are told how to lend money. Business is hit with a new carbon tax intended to reduce CO2 emissions. Most importantly, a new layer of regulations is added.

Over half of US electricity comes from coal; if the US government taxes coal, then it will become unprofitable for manufacturers to continue their business inside of North America. Not only that, in all those areas that get electricity from coal, expect your light bill to double or triple. If you now pay $200/month for electricity, you might soon face $600/month as your new bill.

Expect the carbon tax to cause many firms to go under. Of the G20 members, US and Europe must limit CO2 emissions, but both China and India are exempt from the carbon tax. 

Already high unemployment has US workers protesting mounting job losses. Well, expect those losses to grow as companies are forced to move their few remaining factories outside of North America.

The great incentive Obama is giving is for the few still remaining American businesses to leave  for China.

1Kings 12

 ¹And Rehoboam went to Shechem: for all Israel were come to Shechem to make him king.

 ²And it came to pass, when Jeroboam the son of Nebat, who was yet in Egypt, heard of it, (for he was fled from the presence of king Solomon, and Jeroboam dwelt in Egypt;)

 ³That they sent and called him. And Jeroboam and all the congregation of Israel came, and spake unto Rehoboam, saying,

 ⁴Thy father made our yoke grievous: now therefore make thou the grievous service of thy father, and his heavy yoke which he put upon us, lighter, and we will serve thee.

 ⁵And he said unto them, Depart yet for three days, then come again to me. And the people departed.

 ⁶And king Rehoboam consulted with the old men, that stood before Solomon his father while he yet lived, and said, How do ye advise that I may answer this people?

 ⁷And they spake unto him, saying, If thou wilt be a servant unto this people this day, and wilt serve them, and answer them, and speak good words to them, then they will be thy servants for ever.

 ⁸But he forsook the counsel of the old men, which they had given him, and consulted with the young men that were grown up with him, and which stood before him:

 ⁹And he said unto them, What counsel give ye that we may answer this people, who have spoken to me, saying, Make the yoke which thy father did put upon us lighter?

 ¹⁰And the young men that were grown up with him spake unto him, saying, Thus shalt thou speak unto this people that spake unto thee, saying, Thy father made our yoke heavy, but make thou it lighter unto us; thus shalt thou say unto them, My little finger shall be thicker than my father's loins.

 ¹¹And now whereas my father did lade you with a heavy yoke, I will add to your yoke: my father hath chastised you with whips, but I will chastise you with scorpions.

The outcome of this speech was that Jeroboam left with ten of the twelve tribes of Israel and formed his own government.  Five years later Rehoboam was invaded by Shisaq of Egypt. The big mouth King gave Egypt all the treasures in God's temple as tribute. He became a vassal.