Wacky preacher Howard Camping, in a hilarious must see interview, says the end of the world really did happen on Saturday, except that it just didn’t happen so that we could see it, you know, with our eyes.
One hapless follower, who sold his house and spent the proceeds on a good-will mission advertising the Apocalypse, said, “I just can’t tell you how I feel.” It must be quite a feeling! But when you consider what is happening outside the window, selling your house right now is a pretty good idea.
Financial Apocalypse? Or maybe consumer immolation! Think I’m kidding? Think we are ‘recovering?’ And everything is getting back to normal? Think again!
In 2010, 59% of Canadians indicated they would have difficulty making financial ends meet if their paycheque was delayed by only a week. In fact, 1 in 10 state they could not handle an unexpected expense of $500. Perhaps most startling is the fact that 63% feel their debt limits their ability to reach their personal and financial goals such as going back to school or saving for retirement.
According to a stress test scenario by the Bank of Canada, it would take only a 0.5% increase in interest rates for 1.1 million Canadian households to become at risk of defaulting on their consumer credit or mortgage-related debt. Projected income increases will be insufficient to offset the increases in debt payments that will occur with even such a small increase in interest rates. Fr. TheEconomicAnalyst
Back to the wacky Reverend. Rev. Camping now says, with a straight face no less, that Saturday was only the first part of the Apocalypse. The second part is coming in Oct.
“On May 21, this last weekend, this is where the spiritual aspect of it really comes through. God again brought judgment on the world. We didn’t see any difference but God brought Judgment Day to bear upon the whole world. The whole world is under Judgment Day and it will continue right up until Oct. 21, 2011 and by that time the whole world will be destroyed.”
Even if the wacky Reverend doesn’t know what he is doing, Pete Townsend and Roger Daltrey sure do