[10.21.08] Cindy Jacobs, a Texas-based prayer network leader, is asking intercessors to pray at financial institutions around the globe on Oct. 29, the anniversary of the 1929 stock market crash. She hopes the collective petitions will turn the tide of the global economic crisis.
Jacobs, co-founder of Generals International along with her husband, Mike, said that since the beginning of 2008 intercessors have been hearing that the global economy will increasingly worsen if God doesn’t intervene.
“At the beginning of 2008, intercessors began to hear from the Lord that without divine intervention, a major shaking was coming to Wall Street,” Jacobs said on her Web site. “This would spread until there were food shortages. In fact, we heard that 2009 would be worse than 2008!”
On the 79th anniversary of the economic crash that catapulted the nation into the Great Depression, intercessors will meet at the New York Stock Exchange, United Nations, Federal Reserve and at its 12 branches around the United States. In addition, Jacobs is asking prayer groups to host meetings at financial institutions in their local communities.
“We are also going to intercede at the site of the statue of the bull on Wall Street,” where she says she will “ask God to begin a shift from the bull and bear markets to what we feel will be the ‘Lion’s Market’ or God’s control over the economic systems.”
On her ministry’s Web site, generals.org, Jacobs lists prayer points that include repenting of personal greed, national greed and excessive credit card debt, and praying that the economy be based on biblical principles and for revival to start in the marketplace.
Jacobs says that Satan wants the U.S. economy to crash as it did in 1929 but that God wants to avert that plan, through intercessors who are “proactive through prayer.”