Thomas Umstattd Jr.

Our Current Economic Crisis

It is important to understand why our economy is not doing well. I wanted to share with you some videos that help explain why we are in this mess. Unfortunately our choices are either paying the price now with a recession or putting the recession off by getting in more debt. The recession might turn to a depression so it’s a tough call. Problem Bush is wrong. His $700 Billion bailout is not taxpayer...

Financial Backer & Denominational Coordinator (Abolition of Abortion)

A lot of money for the revolution came from loans from wealthy Americans. Some of these loans were never repaid. Other Americans took on grave financial setbacks to support the war. Their houses were burned, their ships were confiscated and their businesses destroyed. They sacrificed for the cause of liberty. The Left has some significant financial backers. Ted Turner gives millions if not billions...

The Chinese Paper Nuke

Why Financial Terrorism is More Dangerous than Suicide Bombers Great empires don’t fall at the top of their economic strength. Most empires walk the same road: moral decline followed by economic collapse and then military failure. The morality in our nation is slipping but our economy is still strong… or is it? Right now, we issue roughly 2-3 Billion dollars in government bonds each day. This...