Thursday, December 17, 2020

CONSPIRACY THEORIES

 

A CONSPIRACY THEORY IT IS NOT

  Yes, there are conspiracy theories galore.  I opine that they began soon after Adam’s original sinning. But just because they are labeled as such by authorities does not mean they are actually a theory. Depending on common media to decide whether true or false may be a serious mistake; For we are ultimately responsible.

  An example: MAJOR USA BANKS HAVE AMENDED AN AGREEMENT TO FREEZE YOUR MONEY IF THERE’S A BANK FAILURE. A conspiracy theory? Not at all.

  Upon investigation you’ll discover that in the event of bank collapse banks are legally authorized to seize 50% or more of depositor’s funds. They simply recategorize depositors as “unsecured creditors,” giving banks the capacity to avoid insolvency. This being the opposite of a government taxpayer funded “bail-out”. It being a “bail-in” using depositor funding.

  You are not alone in lacking this knowledge. I too missed being informed about the Dodd-Frank Title II Orderly Liquidation Authority (OLA) bill passed several decades ago. Even if I’d heard of it then, would I have grasped the implication of its opaque designation?

  God’s Word warns “… we do not wrestle against flesh and blood, but against the rulers, against the authorities, against the cosmic powers over this present darkness, against the spiritual forces of evil in the heavenly places. Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand firm. Stand therefore, having fastened on the belt of truth, …” (ESV Eph.6) This being an essential life-principle to wisely apply.

  Conspiracy theories are thicker than swarming mosquitoes on the Eastern Shore of Maryland on a summer evening. Insects easily seen. Facts are not always so without scrutiny. Said scrutiny being an onus for many, it being easier to research, discover, and rely upon authentic authorities. (Please contribute your trusted resources for use here.)

EBB4

PS. And then there’s the media choosing when to apply “alleged” or “baseless” and other such guiding words.

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