Christian based commentaries and observations.

Quote of Note

Billy Graham's Prayer For Our Nation



: 'Heavenly Father, we come before you today to ask your forgiveness and to seek your direction and guidance.
We know Your Word says, 'Woe to those who call evil good,' but that is exactly what we have done.

We have lost our spiritual equilibrium and reversed our values. We have exploited the poor and called it the lottery.

We have rewarded laziness and called it welfare.

We have killed our unborn and called it choice.

We have shot abortionists and called it justifiable.

We have neglected to discipline our children and called it building self esteem.

We have abused power and called it politics.

We have coveted our neighbor's possessions and called it ambition.

We have polluted the air with profanity and pornography and called it freedom of expression.

We have ridiculed the time-honored values of our forefathers and called it enlightenment.

Search us, Oh God, and know our hearts today; cleanse us from every sin and Set us free.
:
: Amen!'
:


Wednesday, December 03, 2008

A Days Wages for a Loaf of Bread


I've worked in a grocery store for, going on, 18 years now. Since 1996-97 I have noticed that price increases have been running about 25% a year. This year however, has been 35%-50%, depending on the primary ingredients (wheat, tomato, and dairy are among the highest).
It is true that the profit margins for grocery companies were very low in the 1990's most were between .5% and 1.5%. It was a dangerous time for the industry. Any negative impact that came their way put them in the red. Times have changed the industry average is more like 3%-6% now. Its a fairly recession proof industry. People have to eat! That means that in the present economic downturn the grocery companies are among the healthiest.
This years' price increases began with the usual January increases. Very shortly we added the specter of rice shortages and shortages/famines in India, Africa, and many third world countries. India took the step of banning exports of rice. The next step was the rise in fuel/transportation costs. By summer we had already hit our yearly 25% increase and were headed for more. The next step in the price increase pressure was the fall of the dollar and the demand from the United Nations for our food surplus.
Surpluses are an interesting price factor. Some of you may remember in the summer of 2007, the Bush administration talked the Saudis into increasing production of oil to relieve some of oil's price pressure. Almost instantly oil prices shot up and remained high for most of the 2007 summer. The reason was that with the Saudis pumping at capacity there was no more surplus to counter act any potential geopolitical upheaval. When the reduced production at the end of summer prices for oil actually fell. Its all a fear factor.
During the same time period, of 1996 to present, personal wages have risen an average of 1.5% - 3%! This means that a larger and larger portion of your personal budget is going to feed your family.
Here is my point in all of this: at the current rate of increase, with no MAJOR famine, the prophecy of Revelation 6:6 will be fulfilled in 4 years time!!!!

REV 6:5 When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. 6 Then I heard what sounded like a voice among the four living creatures, saying, "A quart of wheat for a day's wages, and three quarts of barley for a day's wages, and do not damage the oil and the wine!"

This passage is often quoted as "a days wages for a loaf of bread", because it takes about a quart of barley to make a loaf of bread. Most of the end times writers, that I have read, interpret this to mean that all of your take home pay will be used just to feed your family. If, the average family of 4 spends $250 per week on all food (groceries, take out pizza, and restaurants) then, in four years it will be $610.35!!!! If that family now makes $50,000 a year in four years it will make about $53,068 four years from now. Take home pay should be about $622.52, if the tax rate remains at 39% for all governments, and no increase in health deductions!!

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