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Posts Tagged ‘European Union’

Why the latest eurozone bail-out is destined to fail within weeks

October 29, 2011 Comments off

Do you want Christ to take control of creation, including this planet? Or do you want to remain under a satanic empire that cannot even feed the masses adequately? Satan offers no real incentive to remain in his family. He cannot offer you good health, even though he tries, or a cure for dreaded diseases, even though he has mankind searching for cures. Make no mistake. Satan wants his empire to flourish and be like Yahweh’s spirit realm and the rest of creation in the expanse, but the way he leads, and the factions within his family, it cannot be achieved.

As someone who works in financial services, I follow the markets – in the West, across Asia and the entire world – closer than most. Since the Bear Stearns collapse in March 2008, through the demise of Lehman Brothers and its ghastly aftermath, much of my professional life has been dominated by the angry flashing of those little lights on a Bloomberg screen.

In recent years, the violent gyrations on financial markets have been deeply discomforting, causing angst among market professionals, like me – but that is the least significant aspect. For those little lights represent, of course, the ebbs and flows of cash which, in turn, determines the fate of real businesses. It is at the sharp end of employment and livelihoods, dispossessed homes and broken families that the human impact of financial turbulence is most keenly felt.

So, yes, I want such turbulence, which will never be fully-eradicated, nor should it be in a free-market system, to now lessen to more manageable levels. Yet the responses of our politicians to recent financial troubles – hiding behind complexity and kicking the can down the road – have not only failed to temper the volatility, but have actually made it much worse.

Last week’s eurozone “agreement”, for all the related fanfare, was a case in point. Far from making the situation clearer, allowing investors to make considered assessments, this latest announcement made Western Europe’s grotesque debt crisis even more acute, sowing further infectious spores of confusion.

The deal itself, unveiled dramatically in the early hours of Thursday, was met with the now obligatory “relief rally”. The FTSE All-World equity index soared 4.1pc, helped by signs of renewed US economic growth. European bank shares spiked no less than 12pc on Thursday, as traders recognised, for all the official obfuscation, the latest dollop of government largesse.

By late Thursday, though, and certainly on Friday, the warning signs were there. Global bond markets, by character more sober and smarter than the excitable equity guys, were voting against the deal. This is alarming. For it is only by selling more bonds that the eurozone’s deeply indebted governments can roll-over their enormous liabilities and keep the show on the road.

Some say Western governments shouldn’t “accept” what the market says. “Who do these trading people think they are,” I hear from the lips of the educated but financially-illiterate political elite. Let’s be clear – if global bond markets stop lending to a number of large Western economies, we are in the realms of unpaid state wages and pensions, transport chaos and closures of schools and hospitals – sparking the prospect of serious civil unrest. Forgive my intemperate tone, but these are the dangers we face. And I’m afraid the only rational response to Thursday’s announcement is that the probability of such undesirable outcomes has just been increased.

European leaders have reached an “agreement”, we were told, with the private holders of Greek debt, who now accept a 50pc write-down on their stakes. This is predicated on an additional €120bn (£105bn) cash-injection by EU member states and the IMF. By paying bond-holders less, and making other savings, the hope is that Greece can cut its sovereign debt from 150pc of GDP to 120pc in the next few years.

This deal was presented as a “victory” by the eurocrats. After all, back in July those nasty private creditors agreed only to a 21pc “haircut” on their Greek debt. The deal is “voluntary”, though, nothing having been decided except the “50pc haircut” headline. In reality, by bargaining hard over coupons and maturities – how much the bonds will pay annually, and for how long – those who so unwisely lent money to Greece (eager to reap high yields, while always expecting a bail-out) will get a much sweeter deal. This is the discussion that will take place, behind closed doors, during the coming months. But that sweeter deal will need to be paid for with yet more sovereign borrowing, by some eurozone government or other, plus further sack-loads of taxpayers’ cash.

It is telling that Greek bond-holders themselves were on Friday reassuring their investors that the reduction in the net present value of their stakes, compared with the “21pc haircut” deal, “will not be overly onerous”. In addition, the July agreement, while also “voluntary”, included a 90pc creditors’ participation. Thursday’s variant cited no such number.

So, the centre-piece of last week’s “package” is far less decisive than meets the eye. It was, in fact, singularly indecisive. The hope that Greece will clean-up its balance sheet autonomously now relies even more on a privatization programme that is already laughably behind schedule. So the moral hazard will go on, making it tougher still for the governments of Portugal, Ireland and the other eurozone “peripheries” to sell to their electorates the virtues of fiscal responsibility. These are not clever-clever academic points. I’m pointing-out, quite simply, what the bond markets will have noticed.

Having said all that, the prospect of “haircuts”, however half-hearted, now looms over eurozone sovereign bond-holders, not least fragile European banks. So Thursday’s announcement also stressed that the €440bn (£386bn) euro European Financial Stability Facility would be “levered”, allowing it to borrow to make it bigger. This is supposed to allow the eurocrats to raise cash without having to trouble national parliaments, given that they’re likely to refuse.

The question of who will lend to the EFSF, on whose collateral, and who will ultimately repay the loans, was barely addressed last week. Such tricky questions will apparently be answered at the next European summit in December. Meanwhile, the fundamental disagreement between France and Germany regarding who should take the biggest losses – eurozone governments or private creditors – remains unresolved. Since Thursday’s announcement, though, Germany’s powerful constitutional court has issued an injunction requiring the country’s full Parliament to approve any EFSF bond-buying.

What is needed, urgently, is a clean, transparent Greek default – allowing this flailing semi-developed economy to leave the eurozone, re-establish a weaker drachma and regain its self-respect. Portugal should leave too, its membership of the same currency bloc as Germany is as absurd, and self-defeating, as that of Greece. There would be further market turmoil, yes, but a few more months of volatility, leading to an ultimately more stable outcome, is surely better than the current situation where the entire world is living in fear of a massive “euroquake”.

The eurocrats, of course, lack the guts to trim back monetary union to a more manageable size. Too much face would be lost. So “euroquake” fears, once viewed as outlandish, are gaining pace. Despite Thursday’s deal, and all the reassurances of a “durable solution”, the Italian government on Friday paid 6.06pc for 10-year money, up from just 5.86pc a month ago and a euro-era high. Such borrowing costs are disastrous, given that Rome must roll-over €300bn of its €1,900bn debt in 2012 alone. A default by Italy, the eurozone’s third-biggest economy, and the eighth-largest on earth, would make Lehman look like a picnic.

The eurozone must be consolidated. World leaders should similarly force European banks to disclose their losses, we all take the hit and then we move on. Instead, we are served-up, in ever more complex variants, the same “extend and pretend” non-solutions. It gives me no pleasure to write this, but I give this deal two weeks. – Telegraph

Gorbachov calls for “global governance” in response to Wall Street protests

October 21, 2011 Comments off

The truth is this: The world is destined for a one-world currency – one world rule. What that foreshadows is this: When this system of Satan’s is done away with, you that survive will have those things under the Righteous Rule of Christ Jesus and our Mother Israel. Satan will have his one try at making things work in a distorted mirrored reflection of what is soon to become a reality outside of his influence, because try as he might, no matter how diligent or hard he might, he will fail, and mankind cannot survive even itself without our Mother’s beneficial guidance. Don’t cling to what is destined to pass away. Look to the Kingdom of Christ Jesus. If you do, know that your desires – worldly desires – must change to reflect a new inheritance. “1 John 2:17 And the world with its lust is passing away, but the one who does God’s will remains forever.” What is the “lust”? It is for wealth, immoral sex, and a list of other things that are also contrary to what benefits your true existence that could be in harmony with our Mother’s Coming Divine Plan of the Ages and on into eternity. Will you be there – because the hourglass has almost emptied – or will you be a casualty of Satan’s dying world? —Archangel Michael

Former Communist leader Mikhail Gorbachev told an audience at Lafayette College on Wednesday night that the United States’ economic problems heralded the need for a new American “perestroika,” defined by a “new world order” and a system of “global governance”.

Speaking to a crowd of 3,600 people during an event that was broadcast live nationwide, Gorbachev made reference to riots and demonstrations that have swept the world over the last two years, including the Occupy Wall Street movement in the United States.

“The world needs goals that will bring people together,” he said. “Some people in the United States were pushing the idea of creating a global American empire, and that was a mistake from the start. Other people in America are now giving thought to the future of their country. The big banks, the big corporations, are still paying the same big bonuses to their bosses. Was there ever a crisis for them? . . . I believe America needs its own perestroika.”

How will this American perestroika manifest itself? As a “new world order” characterized by a system of “global governance,” according to Gorbachev.

“Others, including myself, have spoken about a new world order, but we are still facing the problem of building such a world order…problems of the environment, of backwardness and poverty, food shortages…all because we do not have a system of global governance,” he said.

“We cannot leave things as they were before, when we are seeing that these protests are moving to even new countries, that almost all countries are now witnessing such protests, that the people want change,” he said. “As we are addressing these challenges, these problems raised by these protest movements, we will gradually find our way towards a new world order,” added Gorbachev. – European Union Times

G20 tells euro zone to fix debt crisis in eight days

October 15, 2011 Comments off

Satan is now faced with shifting his attention to the European Union as his new chair of authority, or, whatever his devious and cunning mind might try to surprise us with. Either way, the United States is on its last leg. The intended domino effect is underway by the LOZ and will continue on the course Yahweh has set.

Satan will lose this throne and gain another in the his installment to that of the European Union whom will issue the World currency that will soon come into existence.

You are each watching the pieces of the jigsaw puzzle fall into place.

The world’s jigsaw puzzle, involving all of the intelligent creations, and with France whom is a dominate military power for the New Roman Empire – consisting of the European Union’s family making up the New Rome – and the United States being in the background and backing the New Rome as the Beast that is falling from power, you can piece the jigsaw puzzle together as things are now taking or falling into place piece by piece.

Know this: All things, including headlines, spoken words, numbers, sounds – regardless of what makes them, they are all part of the puzzle that brings forth the answers to what is happening. Everything presently going on in the visible material realm is an intricate piece of the puzzle that ties in and fits in to what is the over all picture of the rise and fall of Dawn Lucifer Satan the Devil’s adventures over the last 6000 years of his rule. He is copying the LOZ by forming a joint alliance that prospers his rising power in quest of world dominance. All things reflect other things. Each county that is rioting against their rulers and wanting change of government reflects the individual fall of each nation on this planet as Christ’s kingdom draws ever near to coming into full power.

(Reuters) – The world’s leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone’s sovereign debt crisis which is endangering the world economy.

In unusually direct language, finance ministers and central bankers of the Group of 20 major economies said they expected an October 23 European Union summit to “decisively address the current challenges through a comprehensive plan”.

French Finance Minister Francois Baroin, who chaired the meeting, said Berlin and Paris, the leading euro zone powers, were well on the way to agreeing a plan to reduce Greece’s debt, stop contagion and protect Europe’s banks.

Non-euro countries highlighted the damage the European crisis was already doing to their economies and underlined the urgent need for action by the 17-nation single currency area.

“Europe needs to get its act together because unless the crisis is put to an end, it will start to affect emerging economies which have enjoyed strong growth,” Japanese Finance Minister Jun Azumi said.

His Canadian counterpart, Jim Flaherty, said the risk of a global recession would be dramatically higher if next Sunday’s European summit failed to deliver.

British finance minister George Osborne told reporters his continental euro zone colleagues “will have left Paris under no misunderstanding that there is a huge amount of pressure on them to deliver a solution to the crisis”.

Treasury Secretary Timothy Geithner told reporters he was encouraged that the latest EU moves toward an overall strategy to tackle the two-year-old crisis contained the right elements, notably a recapitalization of European banks.

“They clearly have more work to do on the strategy and the details, but when France and Germany agree on a plan together and decide to act, big things are possible,” Geithner said.

“I am encouraged by the speed and direction in which they are moving.”

The communique urged the euro zone “to maximize the impact of the EFSF (bailout fund) in order to address contagion”. EU officials said the most likely option was to use the 440 billion euro fund to offer partial loss insurance to buyers of stressed member states’ bonds in a bid to stabilize the market.

Efforts by some countries to increase the IMF’s warchest to fight the crisis ran into resistance from the United States and others on Friday, burying the idea for now and putting the onus firmly back on Europe.

Geither said the IMF already had very substantial financial firepower and Washington would support committing more of the existing resources to supplement a well-designed European strategy with more euro zone funding.

As the G20 finance ministers and central bankers met in Paris, anti-capitalist protesters rallied around the world, shouting their rage against bankers and politicians accused of ruining economies and condemning millions to hardship through greed and bad government.

Many of the protests, galvanized by the Occupy Wall Street movement, were small and peaceful. But in Rome hundreds of hooded rioters burned cars and smashed shop and bank windows in some of the worst violence in the Italian capital for years.

RESISTANCE FROM BANKS

Germany and France are trying to put flesh on the bones of a crisis resolution plan in time for the EU summit.

It will involve plans to recapitalize banks, make Greek’s debt mountain more sustainable and ramp up the firepower of the bloc’s rescue fund.

For once in the long-running crisis, the timetable is ambitious. But analysts see risks that forcing banks, the main source of business investment in Europe, to raise more capital could doom the region’s faltering growth, and that the reduction in Greek debt may be too small to avoid a default.

There were growing signs that Athens’ creditor banks will fight any attempt to make them shoulder a bigger burden in restructuring Greece’s debts. The lead negotiator of the banking lobby representing private bondholders said there were no grounds to impose bigger “voluntary” losses on their debt than the 21 percent agreed in July, which looks insufficient.

“We do not see that a compelling case has been made to reopen the (July) deal. A deal is a deal,” Charles Dallara, managing director of the Institute of International Finance (IIF) told the Financial Times.

The G20 statement pledged to ensure banks are adequately capitalized and have sufficient access to funding, and said central banks would continue to provide liquidity to banks as required.

Fears of a Greek default have undermined confidence on volatile markets since late July, with global stocks falling 17 percent from their 2011 high in May.

But they have picked up since the leaders of France and Germany set an end-October deadline for comprehensive action.

NO CHANGE ON YUAN, FOREX LANGUAGE

While the European crisis was the main focus, Washington and Beijing continued to spar over China’s currency.

Geithner said China should let the yuan rise more rapidly to benefit global growth.

Chinese Premier Wen Jiabao rebuffed U.S. pressure for a more rapid appreciation, assuring exporters at the Canton Fair in Guangzhou on Saturday that China’s exchange rate would remain “basically stable” to protect them.

Chinese negotiators prevented the G20 from going beyond wording issued at their last meeting in Washington on the need for emerging market nations’ currencies to be more flexible.

Ministers agreed that advanced economies would cut deficits while emerging economies would continue their move toward greater exchange rate flexibility and boost domestic consumption.

French President Nicolas Sarkozy wants progress on bigger goals such as setting parameters to measure global imbalances and reining in speculative capital flows at a November 3-4 summit in Cannes, where France passes the G20 baton to Mexico. – Reuters

Heckler Calls Obama “The Antichrist” At LA Fundraiser

September 28, 2011 Comments off

Satan will soon make his physical appearance – claiming to be the New Order’s Savior. He will not claim to be Christ, but will instead claim that he is the mother of his children and has returned to give them beneficial guidance.

His claim of god-ship and humankind’s motherhood should not be confused with that of our True Mother, although Satan hopes to emulate Her in his actions of salvaging what he has left to work with – which won’t be much considering the LOZ are about to take a heavy toll on mankind’s population.

You’ll know his origin best by this: He will openly defame Yahweh and Christ as murderous God’s, and offer his solution for what he believes will save his children and his worldly empire he spawn forth.

He will explain how Yahweh put him in charge, then stripped him of his powers over the duration of most of this spiritual war, and how She painted him in such a way as to alienate him from his children (leaving out of course, how he alienated humankind from our Mother Yahweh) so much so that mankind itself painted him as the cause of all its problems, and will go into detail what awaits them all if he loses this war (WHICH HE WILL!) and how they working together can overcome Yahweh’s eternal death sentence. Anything else he might add, it’s all rhetoric as well.

Not all will accept his guidance, and this will result in WAR. During that war, the Cup of Wrath will be administered as Michael blows the trumpet summoning all of his forces to this planet.

The heckler was booed by the crowd when he began his rant with “The Christian God is the only and only true living God. The creator of heaven and the universe.”

“Jesus Christ is God! Jesus Christ is God! Jesus Christ is God! Jesus Christ is the son of God!” the man continued.

“You’re the antichrist!” the man said. The crowd respond

 

ed with an enthusiastic cheer of “four more years” afterward.

“First of all, I agree Jesus Christ is the Lord. I believe in that,” Obama said to tepid applause. – RealClearPolitics

Europe ‘On Course’ To Become One Country

August 16, 2011 Comments off

DAVID Cameron was under mounting pressure last night to hold a referendum on EU membership amid claims that the Coalition is paving the way for full eurozone financial integration.

Tory and Labour MPs believe that Chancellor George Osborne’s hopes for a single eurozone tax system will lead to the EU becoming a fundamentally different organisation to the one the UK joined in 1973.

Many also fear that Britain will come under intense pressure to adapt its tax and regulatory policies to conform more closely with the eurozone once fiscal union is under way, even if the UK remains outside the single currency. Steve Baker, Tory MP for Wycombe, said: “It is very clear that the EU is heading at full speed towards being one country.”

Like other Tory and Labour MPs, Mr Baker has signed up to an In/Out referendum being championed by fellow Conservative Zac Goldsmith, MP for Richmond Park & North Kingston.

His comments come as the Daily Express crusade to force a Commons debate on Britain pulling out of the EU continues to gather momentum.

All demands that gain at least 100,000 online signatures on the Government’s new e-petition website have to be considered for a debate in Parliament. The Daily Express website has already gathered 75,000 online signatures calling for a referendum and we are pressing for those names to be added to the official petition.

Our move comes amid a fierce Europe-wide debate on the future of the EU and the single currency. The Commons European scrutiny committee is to conduct its own inquiries into the effect that fiscal union for the eurozone would have on the UK’s economic independence.

Its chairman, veteran Tory MP Bill Cash, said: “Allowing the other member states to go ahead towards fiscal union is a disaster. We must have a referendum in the light of such a profound change in our political relationship with Europe.”

With the eurozone in crisis, the Chancellor and Mr Cameron believe the euro’s only hope of survival is more co-ordination of tax and spending policies. – Express.co.uk

A new DAWN will arise with Satan (Dawn Lucifer) taking the lead where his human counterparts failed. Satan will promise change with a better society under his direct ruler-ship. His vehicle will be that of the European Union.

But know this, for Satan will not succeed, and Yahweh cannot be turned back in Her anger.

Ezekiel 7:8 “I will pour out My wrath on you very soon; I will exhaust My anger against you and judge you according to your ways. I will punish you for all your abominations.”

Isaiah 14:27 “The LORD of Hosts Himself has planned it; therefore, who can stand in its way? It is His hand that is outstretched, so who can turn it back?”

Dow plunges 519 points on economy, Europe worries

August 10, 2011 Comments off

NEW YORK (AP) — Stocks are falling at the close of trading as investors’ attention returns to the weak economy and Europe’s debt problems.

The Dow Jones industrial average is down 519, or 4.6 percent, to 10,720. It’s the third time in the last five trading days that the Dow lost more than 500 points. The S&P 500 is down 51 points, or 4.4 percent, to 1,121. The Nasdaq is down 101, or 4.1 percent, to 2,381.

European bank stocks fell on worries that the region’s debt problems are getting worse. That pulled down U.S. bank stocks. Financial stocks in the S&P 500 lost more than 7 percent.

The drop erases Tuesday’s big gain following a Federal Reserve pledge to keep rates low. The Fed said it expects the recovery to remain slow. – Yahoo.com

Satan stood before the High Council on August 9th of 2011 and has conceded that he can no longer sustain his prized possession and child – that being the United States.

In a last ditch effort to buy more time, he petitioned for Yahweh to alter the time-line on the coming succession of forecast events so as to allow him more time to prepare for a defense against the coming invasion by the holy force of our Grand Creator’s warriors. Also requesting that no communications failure or other drastic measures be taken against his worldly network of electrical power. Citing that the human death toll would be stupendous, and that he cannot bear to see his children suffer the stupendous and hellish loss that will come in upon mankind. Further pleading that Yahweh exhibit mercy for humankind since she claims to be a God of love.

His petition was flatly denied. Satan is now faced with shifting his attention to the European Union as his new chair of authority, or, whatever his devious and cunning mind might try to surprise us with. Either way, the United States is on its last leg. The intended domino effect is underway by the LOZ and will continue on the course Yahweh has set.

EU to toughen sanctions after Syria bloodbath

August 1, 2011 Comments off

EUOBSERVER / BRUSSELS – The EU is likely to toughen sanctions against the Syrian regime after some 100 people were reportedly killed in the city of Hama when government tanks stormed in on Sunday (31 July), crushing protests in the five-month-long stand-off with President Bashar Assad.

“I am shocked at the latest reports from Syria that large numbers of civilians have again been killed in a totally unjustified assault by Syrian security forces on the town of Hama, using tanks and other heavy weapons against citizens exercising their right to peaceful protest,” EU foreign policy chief Catherine Ashton said in a statement.

Condemning the killing which took place on the eve of the holy month of Ramadam, Ashton said that the actions “once again show the hollowness of the promises of reform made by the government” and urged Assad’s government to engage in a real dialogue with opposition.

Germany has requested that the UN Security Council meets on Monday to discuss the situation. Punitive measures have so far been put in place at EU and US level only.

The UN Security Council – made up of 15 permanent and rotating members – has so far failed to agree even a resolution condemning the Syrian crackdown because Russia and China – both allies of Damascus – have threatened to veto it.

Brazil, India and South Africa have also indicated they do not support the draft French and UK text for fear it may lead to another military intervention as in Libya.

Meanwhile, the EU is likely to toughen sanctions against the Assad regime by blacklisting five further people from his entourage. The EU has already banned some 20 people from travelling or doing business with member states, including a dozen firms linked to the Syrian army. – EUObserver

Satan is desperately trying to save his beast but no salvation will come for the United States. The financial crisis will worsen. All plans conceived will fail. The economy will go down in ruins. The government will take aim on the religious community to try and gain its wealth from the reserves of the churches, but all will fail as the debt ratio climbs and the economy continues to shrink into oblivion. Nothing can change this from happening. It’s Father’s will.

And because Father began the economic fall with Satan’s prized beast it will continue to quake a path of economic failures around the globe. It will be a domino toppling effect. Satan will be forced to consider the restructuring of the monetary system with the European Union leading the way. As the image of the beast rises to help end the worldwide crisis, the United States will sanction its authority.

Revelation 13:15 “He was permitted to give a spirit to the image of the beast, so that the image of the beast could both speak and cause whoever would not worship the image of the beast to be killed.”

Those that resist the rise of the image of the beast will be executed for resistance to the new authority. There will be a one world currency. There will be a removal of Christianity.

US plan of inaction is dooming economy

July 11, 2011 Comments off

If you were shocked by Friday’s US jobs report, if you thought America was doing well and were taken aback by the bad news, you haven’t been paying attention.

The fact is, the US economy has been stuck in a rut for a year and a half.Yet a destructive passivity has overtaken our discourse. Turn on your TV and you’ll see some self-satisfied pundit declaring that nothing much can be done about the economy’s short-run problems (reminder: this ”short run” is now in its fourth year), that they should focus on the long run instead.

This gets things exactly wrong. The truth is creating jobs in a depressed economy is something government could, and should, be doing.

Yes, there are huge political obstacles – notably that the House of Representatives is controlled by a party that benefits from the poor economy. But political gridlock should not be conflated with economic reality.

The failure to create jobs is a choice, not a necessity – a choice rationalised by an ever-shifting set of excuses.

Satan is desperately trying to save his beast. But no salvation will come for the United States. The financial crisis will worsen. All plans conceived will fail. The economy will go down in ruins. The government will take aim on the religious community to try and gain its wealth from the reserves of the churches, but all will fail as the debt ratio climbs and the economy continues to shrink into oblivion. Nothing can change this from happening. It’s Father’s will. And because Father began the economic fall with Satan’s prized beast it will continue to quake a path of economic failures around the globe. It will be a domino toppling effect. Satan will be forced to consider the restructuring of the monetary system with the European Union leading the way. As the image of the beast rises to help end the worldwide crisis, the United States will sanction its authority.

Revelation 13:15 “He was permitted to give a spirit to the image of the beast, so that the image of the beast could both speak and cause whoever would not worship the image of the beast to be killed.”

Those that resist the rise of the image of the beast will be executed for resistance to the new authority. There will be a one world currency. There will be a removal of Christianity.

Exclusive – EU calls emergency meeting as crisis stalks Italy

July 10, 2011 Comments off

(Reuters) – European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region’s third largest economy.

European Central Bank President Jean-Claude Trichet will attend the meeting along with Jean-Claude Juncker, chairman of the region’s finance ministers, European Commission President Jose Manuel Barroso and Olli Rehn, the economic and monetary affairs commissioner, three official sources told Reuters.

Van Rompuy’s spokesman Dirk De Backer said: “It’s a coordination, not a crisis meeting.” He added that Italy would not be on the agenda and declined to say what would be discussed.

However, two official sources told Reuters that the situation in Italy would be discussed. The talks were organised after a sharp sell-off in Italian assets on Friday, which has increased fears that Italy, with the highest sovereign debt ratio relative to its economy in the euro zone after Greece, could be next to suffer in the crisis. A second international bailout of Greece will also be discussed, the sources said.

Source

The European Union will become the largest debt holder of U.S. in the future.

Those that are manipulating not only the monetary supply of the world, they are also engaged in manipulating the people of this planet to covertly maneuver the New World Order into place so that they enslave all of mankind to be their worker bees in a world order of overseers that views mankind as slaves to the New World Order. This is Satan’s answer to making his twisted way work in a unified peace. But there will be no peace on any foundation other than that of Christ’s Jesus whom founded the world as Michael the firstborn Son of Yahweh, the ancient Israel Mother of all creation.

Isaiah 28:16 ‘Therefore the Lord GOD said: “Look, I have laid a stone in Zion, a tested stone, a precious cornerstone, a sure foundation; the one who believes will be unshakable.”

Revelation 17:8 “The beast that you saw was, and is not, and is about to come up from the abyss and go to destruction. Those who live on the earth whose names were not written in the book of life from the foundation of the world will be astounded when they see the beast that was, and is not, and will be present [again].”

Video: EU Style One World Government On It’s Way

June 17, 2011 Comments off

Can Satan hold his present position on the war chess board, or will he be forced to abandon this beast for the European Union? Time will tell.

Can the USA overcome Yahweh’s assault on its financial stability with so much destruction slated for the country by Yahweh’s mighty right hand as He continues to make war with the beast by use of His natural order’s arsenal? But can Satan shift the tide in his beast’s favor? Satan is clever, and he is being aided by another strong ally whom has moved over to his side on the war board. Again, time will reveal the outcome.

Revelation 13:2 (Holman Christian Standard Bible) 2 The beast I saw was like a leopard, his feet were like a bear’s, and his mouth was like a lion’s mouth. The dragon gave him his power, his throne, and great authority.

Revelation 13:3 (HCSB) 3 One of his heads appeared to be fatally wounded, but his fatal wound was healed. The whole earth was amazed and followed the beast.

Satan will lose this throne and gain another in the his installment to that of the European Union whom will issue the World currency that will soon come into existence.

Russia wants EU to issue safety assurance amid E.Coli outbreak

June 15, 2011 Comments off

More than a month after the outbreak of deadly E. coli bacteria infection, which has already claimed 37 lives so far, Russia on Wednesday said that it was still waiting for the European Union’s assurance on its vegetable produce.

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In a statement, Russia’s chief sanitary inspector Gennady Onishchenko said that despite the EU’s efforts to handle the crisis, the situation in Europe was not very positive. This is the reason why they look for certificates, which can assure them of their produce’s safety if imported to Russia.

In a separate report, Russia’s food safety and sanitary watchdog Rosselkhoznadzor said that it doesn’t believe that the EU’s vegetables are the primary source of E. Coli infection, but continued the ban on vegetables. Rosselkhoznadzor warned the 27-nation bloc against not identifying the E.Coli’s source, adding that the watchdog still holds the rights to apply additional measures on EU produces.

Alienation from Yahweh means that energy becomes misused, and without Her guidance, you have a kingdom that is full of bickering among its subjects – uncontrollable differences of opinion on all things of major importance. This is why Satan’s kingdom will never work. It is plagued with wars and sickness and suffering. Satan cannot create the medicine nor the mind-set necessary for peace, harmony and a tranquil existence no matter how hard he tries.

Germany’s Superbug Weaponized With Black Plague DNA

June 12, 2011 1 comment

“On Tuesday [May 31], the German newspaper Süddeutsche Zeitungreported that [leading German E. coli researcher Helge] Karch had discovered that the O104:H4 bacteria responsible for the current outbreak is a so-called chimera that contains genetic materia from various E. coli bacteria. It also contains DNA sequences from plague bacteria, which makes it particularly pathogenic.”

Though he emphasized “There is no risk, however, that it could cause a form of plague,” Karch added that plague DNA sequences make the superbug “particularly pathogenic.”

Also, it is interesting timing to note that the European Union banned herbal remedies on May 1, 2011.

Source

Although Satan cannot produce and release a plague from the spirit realm, it is possible for his human agency to do so. The reason they will not do so intentionally is this: Satan does not inspire his human element to release something he feels might get out of hand and cause the collapse of his kingdom here on earth. He would also be willingly contributing to Father’s side of the war if he inspired the release of germ warfare on the physical plane.

This is not to say that rogue human leaders have not done so, such as the past deposed and deceased Iraq leader, but it is not the theme Satan manifests. His human counterparts sometimes act against his thought injection. When Satan inspires the taking of human lives he does so as in the case of having King Herod execute the first born male children up to a certain age, and as he had Hitler execute the Jews. This is Satan’s style, because when he uses human agents they share in his blood guilt. You must keep in mind that Satan has read the Word, especially the Book of Revelation, and he does not want to contribute to Father’s side by releasing plagues via his human agency that might get out of hand and bring his empire crumbling down.

Satan does however inspire his scientists to work on and try to find cures against germ warfare conducted by Father’s side to fulfill prophecy. On the war chessboard, Satan knows he must move in opposing directions and not into the hands of those that seek his demise from creation.

America Is Rapidly Bleeding Wealth And Jobs: 28 Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind

May 17, 2011 Comments off

The following are 28 statistics about the gutting of the U.S. economy that will blow your mind….

#1 According to the U.S. Department of Commerce, the U.S. trade deficit for the month of March was $48.2 billion.  That was up from $45.4 billion in February.

#2 The United States has had a negative trade balance every single year since 1976.

#3 Between December 2000 and December 2010, the U.S. ran a total trade deficit of 6.1 trillion dollars.

#4 The U.S. trade deficit with China in March was $18.1 billion.  This is money that is not going to support U.S. businesses and U.S. workers.  If that money was actually going to our businesses and to our workers it would increase tax revenues.

#5 Since China entered the WTO in 2001, the U.S. trade deficit with China has grown by an average of 18% per year.

#6 During 2010, we spent $365 billion on goods and services from China while they only spent $92 billion on goods and services from us.

#7 Since 2005, Americans have gobbled up Chinese products and services totaling $1.1 trillion, but the Chinese have only spent $272 billion on American goods and services.

#8 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.

#9 According to a recent report from the Economic Policy Institute, between 2001 and 2008 the United States lost 2.4 million jobs due to the growing trade deficit with China.  Every single state in America experienced a net job loss due to our trade deficit with China during that time period.

#10 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#11 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#12 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

#13 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.

#14 China produced 19.8 percent of all the goods consumed in the world last year.  The United States only produced 19.4 percent.

#15 According to the IMF, China is going to have the largest economy in the world by 2016.

#16 Nobel economist Robert W. Fogel of the University of Chicago is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040 if current trends continue.

#17 Back in 1998, the United States had 25 percent of the world’s high tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

#18 Manufacturing employment in the U.S. computer industry was actually lower in 2010 than it was in 1975.

#19 In 2002, the United States had a trade deficit in “advanced technology products” of $16 billion with the rest of the world.  In 2010, that number skyrocketed to $82 billion.

#20 Last year, China produced 11 times as much steel as the United States did.

#21 Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe?  Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.

#22 In 2010, South Korea exported 12 times as many automobiles, trucks and parts to us as we exported to them.

#23 According to one recent study, China could become the global leader in patent filings by next year.

#24 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

#25 In 2010, the number one U.S. export to China was “scrap and trash”.

#26 Thanks to our exploding trade deficit with China, the Chinese have accumulated nearly 3 trillion dollars in foreign currency reserves.  That is the largest stockpile of foreign currency reserves on the entire globe.

#27 The amount of the trade deficit that can be attributed to foreign oil is at the highest level that we have seen since 2008.

#28 It is being projected that for the first time ever, the OPEC nations are going to bring in over a trillion dollars from exporting oil this year.  Their biggest customer is the United States.

Source

Financial ruin and natural devastation will walk hand in hand with the country that claimed to be one nation under God but proved false to its claim and to the Power of Father. Satan’s present throne of authority will fall to the wayside as he scrambles away to pick up momentum with the European Union.

Herbal medicines banned as EU directive comes into force

May 6, 2011 Comments off

Patients have lost access to hundreds of herbal medicines today, after European regulations came into force.

Sales of all herbal remedies, except for a small number of popular products for ‘mild’ illness such as echinacea for colds and St John’s Wort for depression have been banned.

For the first time traditional products must be licensed or prescribed by a registered herbal practitioner.

Both herbal remedy practitioners and manufacturers fear they could be forced out of business as a result.

Some of the most  commonly used products were saved after the Health Secretary Andrew Lansley approved a plan for the Health Professions Council to establish a register of practitioners supplying unlicensed herbal medicines.

However, many remedies were lost as it was only open to those who could afford the licensing process which costs between £80,000 to £120,000.

At least 50 herbs, including horny goat weed (so-called natural Viagra), hawthorn berry, used for angina pain, and wild yam will no longer be stocked in health food shops, says the British Herbal Medicine Association.

Those that are manipulating not only the monetary supply of the world, they are also engaged in manipulating the people of this planet to covertly maneuver the New World Order into place so that they enslave all of mankind to be their worker bees in a world order of overseers that views mankind as slaves to the New World Order. This is Satan’s answer to making his twisted way work in a unified peace. But there will be no peace on any foundation other than that of Christ’s Jesus whom founded the world as Michael the firstborn Son of Yahweh, the ancient Israel Mother of all creation. Isaiah 28:16 ‘Therefore the Lord GOD said: “Look, I have laid a stone in Zion, a tested stone, a precious cornerstone, a sure foundation; the one who believes will be unshakable.”

Australia to crack down on refugees after riots

May 5, 2011 Comments off

Australia moved to toughen its refugee stance on Tuesday, launching a stricter character test so those convicted of crimes, including rioting, while in immigration detention could be shipped home.

Immigration Minister Chris Bowen said the new law, if passed by parliament, would mean any asylum seeker found guilty of an offence while in detention would automatically fail character requirements for a visa.

It follows wild rioting in immigration facilities on remote Christmas Island last month and in Sydney, where fire gutted nine buildings last week as 100 inmates demonstrated against their detention at Villawood.

Dozens of people have been questioned by police over the riots but no charges have yet been laid.

Bowen said the character test amendments would be retrospective, meaning those convicted of crimes as a result of the riots could face deportation or receive only temporary visas with limited rights.

Source

1 Chronicles 29:15 “For we are foreigners and sojourners in Your presence as were all our ancestors. Our days on earth are like a shadow, without hope.”

That is part of this dying world, but our hope is firmly established in Yahweh and Her Son Christ, our Savior. Established by WAY of the TRUTH. To be independent is to follow Satan’s way. Not a good route to follow. It leads to the pit.

Psalm 25:1 “[ Dependence on the LORD ] Davidic. LORD, I turn my hope to You.”

Bachmann Dismisses Debt Ceiling Warnings

May 1, 2011 Comments off

Rep. Michele Bachmann on Sunday disputed the claim that the country would go into default if Congress fails to raise the debt ceiling in the coming weeks.

The Minnesota Republican has been one of the most forceful voices on Capitol Hill against lifting the $14.3 trillion debt ceiling. The Obama administration has warned repeatedly that a failure to lift the cap would have dire economic consequences, potentially raising interest rates on the debt and interest rateson loans for everyday Americans while bringing the country’s creditworthiness into serious question.

Bachmann, though, said she’s not pushing for default. She said the Treasury Department should be able to rearrange its finances to make debt payments first.

“The music is about to end. This game is going to be over,” Bachmann said on “Fox News Sunday” about the pace of spending in Washington.

2011 – HELL ON EARTH! Satan will have to work hard to bring his new kingdom reign to power amidst the LOZ’s interference. The LOZ will not halt operations until Christ Millennium begins with the total destruction of Satan’s present empire – completely obliterated and out of existence along with his family of followers. Satan’s long reign is finally coming to its end this side of Armageddon. His last ditch effort will prove as futile as his past tries to rule over mankind. He has found the human race more rebellious than he can manage, and more of rebels than his own self and family of demons / converts to Yahweh’s Throne of Authority. Mankind in general is non-manageable, just as they were before the great flood swept them all away except for Yahweh’s small remnant.The United States plan to raise its debt ceiling that will further inflate its dollar by devaluation will be yet another of Satan’s ploys to try and keep his child alive. But, the USA will not thrive nor survive from making this move. Presently the E.U. is raising its head to become further involved in Libya. As it continues to move forward with strides, the USA will fall farther into oblivion.One MAJOR EARTHQUAKE in the USA – it will spell its final chapter.

End Times Truths on BlogTalkRadio – The Image of the Beast

March 31, 2011 Comments off

Who, or what is the Image of the Beast spoken of in the book of Revelation? Many think they know or have attempted to decipher prophecy regarding the Image of the Beast. Some believe it will be a coalition of churches that will have religious and civil power, others say it’s Protestant America, and still others say it is our current president or will be a hologram. Clearly they can’t all be right, so what is Truth? Find out in this show.

The link to the show is HERE

Show time starts at 3PM CST / 4PM EST

You will need to register on BlogTalkRadio to listen live. If you cannot make it, you can listen to the archived show at any time, or, download a free podcast of this or any of our shows on iTunes. Just search “End Times Truths Revealed”.

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