There are some that have been saying that the ANTICHRIST comes to power by uniting the religions of the world together into a New World Order of types.
That would seem to infer that the Whore of Babylon, or the World Religion, based in Rome, and spoken of in Revelation Chapter 17 was the Antichrist.
For those that are old enough to remember the television series Lost in Space, when there was something that did not appear to be correct the robot in that series used to say: that not does compute, and that's what I need to say relative to the above statement: that does not compute.
However, given the fact that the Pope may be the one who is going to lead the World Religion there still needs to be some mention of him made here on this blog.
That is not to say that I believe that the head of the World Religion is going to be the False Prophet spoken of in Revelation Chapter 13 either.
However, the importance of the Roman Catholic Pope calling for peace in the Middle East cannot be underestimated when we take into account the fact of the Revised Roman Empire, or the EU as it is known as, being the power base for the Antichrist the reality of the Pope calling for peace in the Middle East may have a direct influence on the Antichrist to further the peace process if in doing so there was some benefit to be had in his own rise to power?
VATICAN CITY, ITALY - During a Mass Sunday, Pope Benedict called for urgent peace in the Middle East.
The mass marked the end of a two week summit of Bishops from the region. The meeting was called by the Pontiff to discuss the plight of Christians in the Middle East because of an exodus of members of faith from the birthplace of Christianity.
The region is largely Muslim, and the Catholic Church has always been a long standing minority. The Church's presence is continuing to dwindle because of war, conflict, discrimination, and economic hardship.
The Bishops condemned "terrorism" and anti-Semitism, and put blame on continuing conflicts on Israel.
The Pope has said in many Middle Eastern Countries there is "often little room for religious freedom."
The aim of this blog is to identify those newsworthy events that tie in with Bible Prophecies. Then to report those findings back here. In doing so, those who read the articles may be readily informed as to where the world stands relative to the end times.
Tuesday, October 26, 2010
This stability pact obsession is not helpful
By Wolfgang Münchau
It happened the day after a controversial decision to subject sanctions to a political vote. I was sitting in the office of a well-known European central banker, who was jumping up and down. The eurozone would now not have any means to control fiscal profligacy, he said.
That was in 1998. Not much has changed. The French and the Germans have once again been discussing whether sanctions should be automatic or not. And central bankers are just as furious. For Jean-Claude Trichet to issue an official note of disagreement – after European Union finance ministers last week drafted a watered-down sanctions package – is extraordinary on several levels. The president of the European Central Bank had demanded a great leap forward. But the French and the Germans are not leaping. They go round in circles. Since the start of the euro, the world has suffered its worst financial crisis ever and the worst recession in 70 years – and the eurozone’s political leaders are still obsessed with the minutiae of the stability pact, which is supposed to police government debt and budget deficit levels.
The real irony is that the pact, in whatever form, is not even relevant to the eurozone’s future. This may be a shocking statement. But look at the evidence. Contrary to popular narrative, fiscal profligacy played only a minor role in the eurozone’s sovereign debt crisis. Successive Greek governments cheated, but on my information, this occurred with at least partial knowledge of the senior European officials involved in the process. They chose not to apply the pact for political reasons. When the full extent of the Greek deficit became public in the autumn of 2009, EU leaders did not want to impose sanctions on a newly elected government. Everybody wanted to give George Papandreou, the Greek prime minister, a last chance. That turned out to be a good decision.
As for Spain and Ireland, they did not breach the rules ever, and would thus never have been subject to sanctions, automatic or otherwise. Even Ireland’s shockingly large projected deficit of 32 per cent of gross domestic product this year will not be a breach. Ireland’s bank bail-out is considered an exceptional circumstance, and not subject to the pact’s sanctions procedure.
Portugal exhibited persistent bouts of fiscal profligacy, but the real problem, again, was the banks. In all three countries, the crisis was caused by private sector imbalances, which far outweigh the relatively small discrepancies between national budgets. Germany may appear a paragon of virtue, but its debt-to-GDP ratio is close to that of France. It is larger than Spain’s and only a little lower than Portugal’s. But Germany’s pre-crisis 8 per cent current account surplus and Spain’s 10 per cent current account deficit were large and real. They have improved, but on the projections I have seen, are deteriorating again.
So if you really want to fix the eurozone’s problem, the pact is not the place to start. Obsession with it does not come out of concern for the eurozone’s future, but from an inter-institutional battle in Brussels.
What about the various proposals on macroeconomic surveillance, including that of the task force chaired by Herman van Rompuy, president of the European Council? He is proposing an early warning system, in addition to the already agreed European Systemic Risk Board. At the very least, one would expect all those new rules and institutions to pass the hindsight test. Had they been there 10 years ago, would they have prevented the Spanish or the Irish housing bubble? I cannot see how. Would José Luis Rodríguez Zapatero, Spain’s prime minister, have really imposed bubble-bursting real-estate taxes, after receiving a high-level delegation from Brussels or Frankfurt? Of course not. There can be only two explanations for Mr van Rompuy’s hubris about his macroeconomic surveillance proposals. Either he is naive, or he has a different agenda.
What about the proposed crisis resolution mechanism? When Angela Merkel, the German chancellor, gave ground last week on automatic sanctions, she gained the concession from Nicolas Sarkozy, the French president, that he would support Germany on crisis resolution. So the €440bn European Financial Stability Facility, set up in May to support eurozone countries with funding difficulties, will not be renewed. In 2013, it will be replaced by a tough crisis resolution mechanism to address the logical inconsistency of a system that rules out exit, default, and bail-out. The Germans continue to support the no bail-out principle; and have accepted that you cannot force a state to exit against its will. This leaves default. Having been very pessimistic on the default-probability of eurozone states, global investors may now be too optimistic again. If Ms Merkel gets her way – and I think she will – this means the eurozone’s future crisis resolution mechanism will be based on default.
The eurozone thus ends up with tough rules, poor implementation, no effective framework to deal with private sector imbalances, and an officially instituted mechanism that encourages default. The crisis was obviously not big enough to bring about genuine policy change. If, or rather when, that next crisis comes, it will probably be too late.
It happened the day after a controversial decision to subject sanctions to a political vote. I was sitting in the office of a well-known European central banker, who was jumping up and down. The eurozone would now not have any means to control fiscal profligacy, he said.
That was in 1998. Not much has changed. The French and the Germans have once again been discussing whether sanctions should be automatic or not. And central bankers are just as furious. For Jean-Claude Trichet to issue an official note of disagreement – after European Union finance ministers last week drafted a watered-down sanctions package – is extraordinary on several levels. The president of the European Central Bank had demanded a great leap forward. But the French and the Germans are not leaping. They go round in circles. Since the start of the euro, the world has suffered its worst financial crisis ever and the worst recession in 70 years – and the eurozone’s political leaders are still obsessed with the minutiae of the stability pact, which is supposed to police government debt and budget deficit levels.
The real irony is that the pact, in whatever form, is not even relevant to the eurozone’s future. This may be a shocking statement. But look at the evidence. Contrary to popular narrative, fiscal profligacy played only a minor role in the eurozone’s sovereign debt crisis. Successive Greek governments cheated, but on my information, this occurred with at least partial knowledge of the senior European officials involved in the process. They chose not to apply the pact for political reasons. When the full extent of the Greek deficit became public in the autumn of 2009, EU leaders did not want to impose sanctions on a newly elected government. Everybody wanted to give George Papandreou, the Greek prime minister, a last chance. That turned out to be a good decision.
As for Spain and Ireland, they did not breach the rules ever, and would thus never have been subject to sanctions, automatic or otherwise. Even Ireland’s shockingly large projected deficit of 32 per cent of gross domestic product this year will not be a breach. Ireland’s bank bail-out is considered an exceptional circumstance, and not subject to the pact’s sanctions procedure.
Portugal exhibited persistent bouts of fiscal profligacy, but the real problem, again, was the banks. In all three countries, the crisis was caused by private sector imbalances, which far outweigh the relatively small discrepancies between national budgets. Germany may appear a paragon of virtue, but its debt-to-GDP ratio is close to that of France. It is larger than Spain’s and only a little lower than Portugal’s. But Germany’s pre-crisis 8 per cent current account surplus and Spain’s 10 per cent current account deficit were large and real. They have improved, but on the projections I have seen, are deteriorating again.
So if you really want to fix the eurozone’s problem, the pact is not the place to start. Obsession with it does not come out of concern for the eurozone’s future, but from an inter-institutional battle in Brussels.
What about the various proposals on macroeconomic surveillance, including that of the task force chaired by Herman van Rompuy, president of the European Council? He is proposing an early warning system, in addition to the already agreed European Systemic Risk Board. At the very least, one would expect all those new rules and institutions to pass the hindsight test. Had they been there 10 years ago, would they have prevented the Spanish or the Irish housing bubble? I cannot see how. Would José Luis Rodríguez Zapatero, Spain’s prime minister, have really imposed bubble-bursting real-estate taxes, after receiving a high-level delegation from Brussels or Frankfurt? Of course not. There can be only two explanations for Mr van Rompuy’s hubris about his macroeconomic surveillance proposals. Either he is naive, or he has a different agenda.
What about the proposed crisis resolution mechanism? When Angela Merkel, the German chancellor, gave ground last week on automatic sanctions, she gained the concession from Nicolas Sarkozy, the French president, that he would support Germany on crisis resolution. So the €440bn European Financial Stability Facility, set up in May to support eurozone countries with funding difficulties, will not be renewed. In 2013, it will be replaced by a tough crisis resolution mechanism to address the logical inconsistency of a system that rules out exit, default, and bail-out. The Germans continue to support the no bail-out principle; and have accepted that you cannot force a state to exit against its will. This leaves default. Having been very pessimistic on the default-probability of eurozone states, global investors may now be too optimistic again. If Ms Merkel gets her way – and I think she will – this means the eurozone’s future crisis resolution mechanism will be based on default.
The eurozone thus ends up with tough rules, poor implementation, no effective framework to deal with private sector imbalances, and an officially instituted mechanism that encourages default. The crisis was obviously not big enough to bring about genuine policy change. If, or rather when, that next crisis comes, it will probably be too late.
Is there is an imminent worldwide Money Crash right around the corner leading onto an Electronic Cashless Society?
Remember the changeover from the year 1999 to 2000 when the computers were supposedly going to collapse and society as we know it was allegedly going to go into a meltdown with the resultant chaos that was supposed to follow.
This was known as the Y2K bug at the time and there was purportedly something like 640 billion dollars spent worldwide to combat the problem?
Basically, there was nothing that could be done to rectify the problem except to force everyone to update to the latest processors, which everyone right around the globe followed suite right on cue and did.
It was only after the changeover from 1999 to 2000 after nothing had taken place and the computers had not collapsed that the realization began to dawn the whole event was nothing more than a deliberately staged event to bring the worlds computers up to date in preparation for an electronic cashless society.
Basically, the Y2K bug provided a once in a lifetime opportunity to force everyone right around the globe to do just that.
Ever since that time the banks have been working quite feverously so that cash could be done away with and a cashless society could be foisted upon mankind.
However, before the new money system of cashless buying and selling can be brought to the fore there has to be a worldwide money crash so that the current system can be done away with and so that everyone can be given a very small amount to start all over again.
It's happened before and it will happen again, you may be certain of that.
The very recent global financial crisis, or GFC as it is known as, was stage one of the money crash, with stage two right around the corner that second attempt to bring the world's economy to its knees will be made within the immediate future and is sure to achieve the desired effect of a complete global money collapse.
The main aim being so that cash can be done away with leading onto an electronic cashless society.
Basically, what has happened in the US is rife to happen over here in Australia and when it does house prices will be sent plummeting to less than one third of their original values.
Already the banks are covering their bases in preparation for the crash, or the greater depression as it will be known as, by continually lifting their interest rates above the official cash rate of the Reserve Bank of Australia.
If you have any debt at all now maybe a very good time to get rid of it if you are able to.
If you doubt my word on this then why not ask Ross Greenwood of the Money Show on 3TR.
Satan is behind the electronic cashless society so that he can force the majority of the world's population to take a microchip implant so that he can lead those that are not aware of what it is onto eternal damnation.
So that the average person in the street is not even aware of what is taking place; Satan is a very clever planner he and operates in a manner that is highly secretive and clandestine so that everything that he is behind is always done in a approach that is both gradual and methodical.
That being the case it does not come as any real surprise that relative to the National Broadband Network currently being rolled out in Australia, that we as a nation are being kept in the dark relative to its true purpose.
The facts of the matter are that the Prime Minister of Australia, (a puppet of the planners behind the World Government named Julia Gillard) has gone to the Queens representative over here in Australia, the Governor General Quentin Bryce, and asked her to issue a decree that there be no information be divulged whatsoever relative to the real intent behind the NBN.
Currently we are being told that the NBN is all about increasing broadband speeds for the average consumer.
However I do not find it to be at all acceptable at all, that in the light of the information presented above 43 billion dollars, that's right 43 billion dollars, would be spent on faster broadband so that some pimple faced teenager somewhere could download a movie ten times faster.
The reality of the matter seems to be an entirely different matter?
Even though there will be faster data transfer for the home consumer of broadband, given the cost involved, the NBN can only have been designed to implement faster speeds for the electronic transfer of cash for the electronic cashless society, that leading onto the Mark of the Beast money system for buying and selling.
Revelation Chapter 13 and Verses 16 to 18
16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads,
17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
Therefore what the NBN is all about is the control, and the total control, of the Australian society in general.
With something as critical as the electronic transfer of cash the best possible method of transfer had to be found, a system that could not easily be compromised, a system which could be subjected to either adverse cosmic conditions, or alternatively terrorist attacks such as is the case with wireless.
That can be the only reason the planners behind this insidious plan for the complete control of the nation of Australia and her people decided to run with Optic Fibre Cable.
Accordingly, AUSTRALIA may be the very first nation on the earth that is going to go completely cashless.
Welcome to the brave new world of a World Government.
This was known as the Y2K bug at the time and there was purportedly something like 640 billion dollars spent worldwide to combat the problem?
Basically, there was nothing that could be done to rectify the problem except to force everyone to update to the latest processors, which everyone right around the globe followed suite right on cue and did.
It was only after the changeover from 1999 to 2000 after nothing had taken place and the computers had not collapsed that the realization began to dawn the whole event was nothing more than a deliberately staged event to bring the worlds computers up to date in preparation for an electronic cashless society.
Basically, the Y2K bug provided a once in a lifetime opportunity to force everyone right around the globe to do just that.
Ever since that time the banks have been working quite feverously so that cash could be done away with and a cashless society could be foisted upon mankind.
However, before the new money system of cashless buying and selling can be brought to the fore there has to be a worldwide money crash so that the current system can be done away with and so that everyone can be given a very small amount to start all over again.
It's happened before and it will happen again, you may be certain of that.
The very recent global financial crisis, or GFC as it is known as, was stage one of the money crash, with stage two right around the corner that second attempt to bring the world's economy to its knees will be made within the immediate future and is sure to achieve the desired effect of a complete global money collapse.
The main aim being so that cash can be done away with leading onto an electronic cashless society.
Basically, what has happened in the US is rife to happen over here in Australia and when it does house prices will be sent plummeting to less than one third of their original values.
Already the banks are covering their bases in preparation for the crash, or the greater depression as it will be known as, by continually lifting their interest rates above the official cash rate of the Reserve Bank of Australia.
If you have any debt at all now maybe a very good time to get rid of it if you are able to.
If you doubt my word on this then why not ask Ross Greenwood of the Money Show on 3TR.
Satan is behind the electronic cashless society so that he can force the majority of the world's population to take a microchip implant so that he can lead those that are not aware of what it is onto eternal damnation.
So that the average person in the street is not even aware of what is taking place; Satan is a very clever planner he and operates in a manner that is highly secretive and clandestine so that everything that he is behind is always done in a approach that is both gradual and methodical.
That being the case it does not come as any real surprise that relative to the National Broadband Network currently being rolled out in Australia, that we as a nation are being kept in the dark relative to its true purpose.
The facts of the matter are that the Prime Minister of Australia, (a puppet of the planners behind the World Government named Julia Gillard) has gone to the Queens representative over here in Australia, the Governor General Quentin Bryce, and asked her to issue a decree that there be no information be divulged whatsoever relative to the real intent behind the NBN.
Currently we are being told that the NBN is all about increasing broadband speeds for the average consumer.
However I do not find it to be at all acceptable at all, that in the light of the information presented above 43 billion dollars, that's right 43 billion dollars, would be spent on faster broadband so that some pimple faced teenager somewhere could download a movie ten times faster.
The reality of the matter seems to be an entirely different matter?
Even though there will be faster data transfer for the home consumer of broadband, given the cost involved, the NBN can only have been designed to implement faster speeds for the electronic transfer of cash for the electronic cashless society, that leading onto the Mark of the Beast money system for buying and selling.
Revelation Chapter 13 and Verses 16 to 18
16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads,
17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
Therefore what the NBN is all about is the control, and the total control, of the Australian society in general.
With something as critical as the electronic transfer of cash the best possible method of transfer had to be found, a system that could not easily be compromised, a system which could be subjected to either adverse cosmic conditions, or alternatively terrorist attacks such as is the case with wireless.
That can be the only reason the planners behind this insidious plan for the complete control of the nation of Australia and her people decided to run with Optic Fibre Cable.
Accordingly, AUSTRALIA may be the very first nation on the earth that is going to go completely cashless.
Welcome to the brave new world of a World Government.
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