Pastor Jim Garlow thinks people need to wake up to a serious culture myth

People just assume that just because things are one way today, they will be that tomorrow. That's a huge cultural myth. You need to prepare for what is coming in the very near future, and Pastor Jim Garlow is hosting a conference in San Diego to help. On radio this morning, Pastor Garlow discussed the the Future Conference, the Black Robed Regiment, and more.

GLENN: Jim Garlow is a good friend of mine and was there with us at Restoring Honor. He is the pastor of Skyline Church in San Diego, which is not an easy place to be a pastor. He has been under attack and his church has been under attack for a very, very long time. But he has something going on. June 14th through the 17th. And it's free to attend. If you happen to be listening anywhere in California or you want to travel to California -- San Diego is not a bad place to vacation, especially in June -- you can find information on this at SkylineChurch.org. He has a conference, and I'll let him tell the idea behind it. But it's basically to start to empower you, people of faith, and empower the pulpits to do the same thing. It's called the Future Conference, and Jim is with us now. Hi, Jim.

JIM: Hey, Glenn. Good to be on with you, my friend.

GLENN: Thank you. Tell me about the conference. You have 50 people coming in, and you're covering everything.

JIM: It's 56 speakers, but who's counting? And we're covering all kind of topics: Poverty, racism, the Biblical foundations to economics, how to save Iraqi Christians, how to relate to millennials, human trafficking, the tragic loss of religious liberty in America, terrorism here, terrorism abroad, the role of Israel, radical Islam. Emergency preparedness, defending marriage, radical new evangelism, and even this topic, when biblical obedience requires civil disobedience, or principled resistance. So a lot of different topics, and it's designed to educate, embolden, and activate all of us.

GLENN: Jim, I have to tell you, I'm announcing something next week myself, and I think that the -- I think the Lord speaks through the multitudes. And we are -- we are at the time that none of us thought could happen or would happen, never again is now.

You're feeling that. Is that why you're doing this?

JIM: Absolutely. Absolutely. Morally and economically, we're at a crisis, and that's not just a euphemism. We have this cultural myth that many people follow. The cultural myth goes like this: The way things are, are the way things are always going to be. And that is not the case.

Any study of history knows that nations begin, and nations end. And some are saying we are at the end of the end. And they're not Chicken Little, just screaming the sky is falling. Even in the economic world -- I have a friend who lectures -- speaks at a prestigious east coast university to billionaires who told me last week that among the billionaire friends he has -- he's lectured every year for many years -- and he says, never have I seen them with this level of fear in just the economic arena. And in the moral collapse of our nation.

And so the Future Conference is one guy's way, and we all have our part. My way of saying, I take a stand here, and I want to raise up as many people as I can who really understand the biblical underpinnings. God's word has all the truth. The biblical underpinnings of all of these contemporary gutsy issues. Equip as many people as rapidly as I can in all these issues.

We have an incredible list of speakers. Congressman Bob McEwen. Bishop Harry Jackson from D.C. Star Parker. The Catholic Chaldean bishop, Bishop Mar Sarhad Jammo. Now, he's from Baghdad. He'll give us a report on how to save Iraqi Christians, his own friends.

Kendra Todd. She's going to speak on how to reach millennials with the truth. She happens to be the first female to ever be on Donald Trump's The Apprentice, the youngest ever to win it.

A man named Kasim Hafeez. Now, he is a radical -- was a radical Islamists and got spun around and lost his hatred for Israel and realizes how spectacular Israel is.

Another one is Ambassador Suzan Johnson Cook. She's an Obama appointee. Was. She stepped out of the role now. But the religious liberty ambassador to all nations. And a host of others. There's 56 speakers total. That's just a few of them. Like Steve Riggle, for example. He's one of the pastors of the Houston five that was attacked by the mayor there recently when she went after five pastors and violated the First Amendment. So a host of speakers covering so many superb topics.

GLENN: Okay. You're hearing Jim Garlow. He's the pastor of Skyline Church in San Diego. Jim was one of the first to sign up for the Black Robe Regiment, when we went to Washington, DC, five years ago this summer, and has been a good friend ever since. And his -- somebody has just come up to me over the last three months, Glenn, do you remember those groups of guys that stood behind you on the steps of the Lincoln Memorial? Is that still going, and are those guys still active? Not only is that still going, the number in the Black Robe Regiment is about 70,000 now. The number that I think will walk through a wall of fire, you know, and possible death is anywhere between 17 and 10,000. That's an extraordinary number of people that are willing to lay it all down on the table and go to jail or go to death because they serve God and not man.

Jim is one of those men. So you are -- you're putting this together. Now, is this -- is this for pastors or is this for regular people?

JIM: We're saying it this way. It's for three categories. Pastors. Christian leaders. And serious followers of God. And so it's wide open to anybody who is serious about these things, who wants to learn.

It's interesting. The line of the speakers is so exceptional, so strong -- by the way, they can go to FutureConference2015.com, and they'll see the whole list of speakers, or SkylineChurch.org. Either place. And the list of speakers is so strong, that one of the major universities here in San Diego, Point Loma Nazarene University is giving three hours' graduate credit for people who come to this conference and who will sign up of course through the university to get that.

But it's a goal -- you used some language here a moment ago, Glenn, that the uninitiated will understand. Willing to walk through the wall of fire and possibly death, that's what you just said.

And that's honestly where we are. I spoke to a group of about 350 pastors one time at Samford. Not Stanford. But Samford University down in Alabama. And behind me on the wall was a bust of Dietrich Bonhoeffer. And I said to the pastors: Stop telling stories and illustrations about Dietrich Bonhoeffer and be willing to be Dietrich Bonhoeffer.

And we have come to that moment. You have wisely said, what you did a few moments ago, based upon an accurate reading of the cultural landscape. And people like you and me and, thank God, many others are digging in very deeply and laying the benchmark of where we're going to stand on these issues. And so I urge people to come to San Diego for four wonderful days, June 14 through 17. It starts off with Bob McEwen. He'll speak in our Sunday morning services. But it officially kicks off Sunday afternoon at 6:00 p.m. June 14th, ends Wednesday night, June 17th. There's no registration charge. No cost for coming. We do ask people to register though at FutureConference2015.com, or they can call the church office: 619-660-5000.

GLENN: Jim, can I ask you one last question?

JIM: Yes, sir.

GLENN: Compare what you believed or where you were five years ago to where you are today. I've known for five -- when we first stood on those stairs together, I knew where we were headed. Most did not. We all kind of hoped that it wouldn't come down. But I have had a growing feeling since last year. And unstoppable feeling this year. That it now is time and it has begun. Can you tell me the difference five years ago to today?

JIM: I will. And I'm going to take you back just three years ago. You were on the platform of our church. And I threw the question out to you and one other person in that Sunday night seminar format. And I said, where are we right now in America? And the other person said, the Titanic has not hit the iceberg yet. You leaned over to me and said: I want to answer first. I disagree. And you said, the Titanic has hit the iceberg. It's a case of now getting life jackets and lifeboats. I agreed with you that day. And I agree with you today.

You have and I have and others like us and some listening have what I call the disadvantage of the prophet. That's where you can see what other people cannot see. And you sound so alarmist. You sound so melodramatic. Other people are saying, we can play shuffleboard on the surface of the Titanic. It will be fine. You see what is happening, and you're trying to save lives. Here's how I know how much worse it has gotten. I record once a month, and I just finished moments ago recording one-minute commentaries. They're called the Garlow Perspective, and they air on 850 radio outlets once a day. And most of them are recordings of the state of lawsuits against Christians across America. I just finished that recording moments ago.

And every month, I get shocked. I get stunned at how much more severe the lawsuits are against being a follower of Jesus Christ in this nation. The rise of the anti-Christian sentiment and the rise globally of anti-Semitism. I just got back from Israel. It's my seventh trip. My wife's 53rd trip. We just got back a week ago from Israel. And what we're witnessing globally, what we're witnessing here, the world is on fire. Something is happening, and we want to urge as many people to be prepared to stand. I tell my own congregation. I can't tell you exactly what is coming, but I am preparing you for whatever it is that's coming.

GLENN: Jim, thank you for being one of those men. Thank you. Sincerely. It is a --

JIM: To you as well.

GLENN: It's rare to meet somebody and then know them as well as I know you and to know that you're not in this for the money. You're not in this for a book sale. You're not in this -- you really will stand till the end. And to hear you speak this way, you and I have spoken off-air over the years, and we have both said, well, maybe some day. But not quite now. And to hear you do this and put this together at the same time that I'm feeling the same things and I'm doing something myself, I am telling you, the Spirit speaks through the multitudes. And I'm grateful. I'm grateful for your willingness to stand.

JIM: Well, thank you. When Bruce Jenner, or Caitlyn, is lifted up and then a person who says that a child deserves to have a mommy and daddy is condemned and potentially fined and can be sentenced to jail, that is where we have gotten.

But the good news is, we're not budging. And we're not going anywhere. We're standing. And truth always eventually and righteousness always eventually emerges. My Ph.D. is in historical theology and church history, and truth always ultimately wins out.

GLENN: Jim, thank you very much. Appreciate it.

JIM: Blessings on you. And thank you, my friend.

GLENN: You too. Jim Garlow. Skyline Church. It's SkylineChurch.org. It's in San Diego. It's actually La Mesa, California. The Future Conference: What you thought was coming is here now. That's the name of it. SkylineChurch.org. Do you feel that, Pat? Or is that just me?

Glenn created "The Senate Fails to Condemn INFANTICIDE" in response to the Senate not passing Nebraska Senator Ben Sasses' bill banning infanticide early this year. In an effort to help support pro-life charities, Glenn first posted this for sale on eBay before being banned multiple times before we finally had enough and put it up for sale on bidpal.net.

At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.