Monday, July 11, 2011

The EU and the US: Heading Down the Same Road

Both the EU and the US are in the news today, and the news is centered around the massive, unsustainable debt of both - and as a result, both are in crisis mode.

First, we see updates on the EU:

Brussels' Eurocrats see EU project in 'lasting crisis'

A recent survey has found deep pessimism among European Commission staff on a wide range of issues, including the course of European integration over the past decade and the likelihood of success of the EU's strategy for economic growth. Some 63% partially or totally agreed that "the European model has entered into a lasting crisis".

69% also considered the need for the European Union to have more charismatic leaders. This was perhaps a reference to the little-known figures that were chosen to lead the EU following the passage of the Lisbon Treaty, notably European Council President Herman Van Rompuy and High Representative for External Affairs Catherine Ashton


Isn't that an interesting tidbit? 69% feel that the EU needs more charismatic leaders. How prophetic. They will most certainly receive an answer to this wish.

Italy and Spain must pray for a miracle

If the ECB's Jean-Claude Trichet is right in claiming that Europe was on the brink of a 1930s financial cataclysm a year ago - and I think he is - it is hard see how the threat is any less serious right now.

Fall-out from Greece flattened Portugal and Ireland last week. It is engulfing Spain and Italy, countries with €6.3 trillion of public and private debt between them.

"We believe the European sovereign crisis might be entering a new phase with contagion reaching the larger economies," said Jacques Cailloux, chief Europe economist at RBS.

What can the eurozone now do to trump its last "shock and awe"? More loan packages solve nothing. Pretending that this is just a liquidity crisis will no longer wash.

The implications of this are profound. Germany must now be willing either to buy or guarantee Spanish and Italian debt, and in doing so to cross the Rubicon to fiscal and political union, or accept that EMU must break up with calamitous consequences for German foreign policy. Large matters, beyond the intellectual vision of Germany's current leaders.


Top eurozone officials meet amid alarm on Italy

Top eurozone officials are meeting on Monday (11 July) morning to discuss the debt crisis in the 17-nation single currency region amid concerns that it could spread to Italy.

The meeting, called by European council President Herman Van Rompuy, is expected to focus on the second bailout for Greece and its implications for broader eurozone stability.

Van Rompuy called the event on Saturday, the day after Italian stock markets suffered a dramatic fall of 3.5 percent.

Monday morning's extraordinary meeting comes ahead of an earlier-scheduled meeting of eurozone finance ministers in the evening.


Also see:

EU stance shifts on Greece default

Now we turn to the U.S., who has very similar problems:

Our Retreat from Prosperity

The process that built the United States into the world's wealthiest country has reversed; it's tearing down what it once built.

If free-market capitalism carries the seeds of its own destruction, so does the suffocating, stultifying statism that results from it. Call it socialism, liberalism, Progressivism, Communism, or anything else you like; it ends of its own incompetence. The politicians chasing power have to escalate their promises over time to hold off rivals.

The world's resources are finite and at some point, political promises outrun the available resources and the edifice collapses.

That's what brought down the Communists and it's what we see happening in Europe and in the U.S. now, with governments quite deliberately pushing things. With green excuses, governments are depressing the living standards of the developed world, primarily by driving up the price of energy and secondarily via regulation, continually limiting industrial production and individual choices.

It would be nice to know what will follow the present statist cycle after its financial collapse, but that isn't given us to know. We can predict statism following free-market capitalism and we can predict statism's ultimate collapse, though not neatly wrapped with a date. But it's not far off, by appearances. Statism self-destructs by impoverishing itself; all you have to do is look around.

Free-market capitalism creates wealth; Progressivism destroys wealth, except for the political elite who acquire it via appropriation from others.


Checklist: America Meets 90% of Karl Marx's Demands

I recently re-read “The Communist Manifesto” written by Karl Marx in 1848.

What I read was a bit shocking. Marx had “10 planks” that this evil manifesto was based upon and he advocated the use of any means to accomplish these socialist goals including violent revolutions. The planks are listed bellow, followed by my comment on how it applies to America today:


After listing the specific items, we see the conclusions in this article:

We do have the power to vote out the irresponsible government officials who are marching us down the road to serfdom.

Inflation, high taxes, unemployment, a collapsing dollar, and soon to be rising interest rates will eventually destroy our investment portfolios unless there is a re-allocation into asset classes that do well during times of economic, political, geopolitical, and social turbulence.

We need to act now so everything we’ve worked our entire life to accumulate doesn’t erode because of stupid public policy that we can’t control in the short term.

But, first and foremost, we need to get on our knees and pray like our lives depend on it — because it does!

Not just for us, but for the sake of future generations. The government is marching us down the road to serfdom, but that doesn’t mean we have to join the parade. Time is short – be wise, be bold, be courageous, wake up and act!


SmartMeters Outsmarting America; Agenda 21 in Your Home

Coming soon to your home unless you stop them – and you may never even get a choice – the insidious Smart Meter and the end of privacy as we know it. People don’t want these Big Brother devices installed and watching/recording their every move. Things are about to get ‘real’ between the government/Agenda 21 pushers and We The People. And if a fight comes, my money is on the Tea Party – they are a scrappy bunch and freedom lovers to boot.

The dance has already begun in certain places around the nation. In Marin, California, residents are slugging it out with PG&E and the FCC, UCLA’s epidemiology department and the California Public Utilities Commission. Looks like the Nanny State spared no expense in the fight to control Americans and I do mean ‘control.’

So much for getting your permission. They are going to cram Agenda 21 and Smart Meters right down America’s throat whether they want it or not.

Saddle up boys and girls… Things are about to get very interesting in these United States of America. In a fascist sort of way that is.

In the name of reducing energy costs, the government wants to replace all meters with these creepy Smart Meters. The meters will cause energy bills to ‘necessarily skyrocket’ (wait, where have I heard that before?) and have a whole set of nifty nasty side effects such as failing systems and the opening of your personal information to hackers.

It’s obviously not to save money as the costs are astronomical. It’s also not to save the environment as it virtually does nothing to help it. But it does give government control over you – when and for how long to shut down your power, how much you have to pay for said power, usage monitoring, etc.

This is the Progressive groundwork to drastically raise the cost of energy, raise taxes and fees and to box Americans in, corralling them with judgments over their income, credit ratings, habits, etc. It’s a Marxist’s dream come true and the ultimate nightmare for freedom-loving Americans. How do you like Obama now America? Time for a do-over in 2012 – if we get that far.


We shouldn't be too upset - this is all what we would expect from biblical prophecy. America has to fall from world-power status and the EU must go through a huge transformation to reach the 10 kings phase in development. As stated before, it usually requires a crisis in order to precipitate big changes and we are indeed seeing big crises within both the EU and the US.

Meanwhile, we see another prophetic development coming into focus:

Mullen: China now a world power

The top U.S. military officer declared Sunday that China "has arrived as a world power," and that previous U.S. descriptions of China as a "rising power" are now a thing of the past.

U.S. Chairman of the Joint Chiefs of Staff Adm. Mike Mullen made the remarks during an address at a university in Beijing at the start of a four-day visit.

"China today is a different country than it was 10 years ago, and it certainly will continue to change over the next 10 years," Mullen told the audience at Renmin University. "It is no longer a rising power. It has, in fact, arrived as a world power."

Mullen also noted China's growing military strength.

"With greater military power must come greater responsibility, greater cooperation and, just as important, greater transparency," he said. "Without these things, the expansion of military power in your region, rather than making it more secure and stable could have the opposite effect."


The prophetic clock is right on schedule.

Despite having to watch the continual erosion of the United States and watching the EU "crisis" with great interest - it is somewhat comforting to have the constant reminders that God's word is true and sure.

There is nothing happening on the world stage which is not fully consistent with prophecy and what we would expect to see from a literal view of the prophetic scriptures.

We are watching God's plan reach fulfillment and we must never forget that fact, despite the ominous news that surrounds us.

Jesus knew that this would happen and He also knew that His Bride, the Church, would be seeing these things with great concern and apprehension. To counter this, He gave us specific instructions for coping:

"When these things begin to take place, stand up and lift your heads, because your redemption is drawing near"
(Luke 21:28)

"Even so, when you see these things happening, you know that the kingdom of God is near."
(Luke 21:31)

In those brief words, Jesus described where our focus needs to be in these last days, as we see the Tribulation approaching.

Rather than concerning ourselves with the wreckage on earth - as government bodies ineffectually move from crisis to crisis, all while worsening everything that they touch - Jesus wants us to shift our focus to Him and His promises of what is to come.

Jesus said that when we see these signs, His coming wouldn't be long.

And in the meantime, we are to focus on Him and Him alone. There is no mention of having fear over what is happening on earth and obsessing over the failure of human governments.

Rather - we are to be looking towards Jesus and His promises - His promises to His beloved Bride.

Maranatha! Keep looking up!

26 comments:

Kem said...

Isa 26:3 KJV - Thou wilt keep [him] in perfect peace, [whose] mind [is] stayed [on thee]: because he trusteth in thee

I have found this verse to be great
comfort in these days and a good reminder to keep my focus on Him.

Anonymous said...

Comet Elenin as it is spelled by the discoverer of the comet has his own website you can visit. I am trying to stay in the truth. I have learned that 'ele' is greek for torch,light, bright, the name Ellen comes from this. Closest approach date Oct.16 2011 at a distance of 21 million miles and 2.4 million miles above our orbit. Astro Bob's website has best trajectory diagrams. He is observing it in his 15 inch telescope and posting pictures. Remember that comets are described by scientists as a chunk of rocks and ice surrounded by a huge cloud of gas and dust. Now I am a sensible person but all I can think is: Is this the torch of the bridegroom?

Dylan said...

I am hoping it is. Could you post the link to the website that you think is the most reliable?

Anonymous said...

Scott-what got into you today? :) I can feel the fire! I pray for boldness of witness, quickening of the Holy Spirit with our spirit, strong courage and wisdom that surpasses Soloman's. I pray we are led only by Jesus and our fruits through the hs become increasingly evident to us and those around us. I pray for a double portion Lord, to do your will and do it effectively. I pray Jesus that you draw us so close to yourself that we are one with you. I pray for the FIRE of the HOLY SPIRIT to fall on us like it never has before! I pray this for everyone on this site and for all Christians across this nation and this world. I ask Lord, that you strongly and clearly show your face of love and forgiveness to this nation while there is still time as you are willing for none to perish! I beg for forgiveness of our nation's sin and evil deeds! Thank you Jesus for your precious blood that cleanses us! In Jesus name. Amen ally

Mrs. C said...

Amen!!! Amen!!! Amen !!! Ally!!!
(had to pop in for you on this Sis- now back to carpet cleaning!lol)
LET IT RAIN :) :) :)
http://smithprints.net/maranatha/

Acts 2:17
17.And it shall come to pass in the last days, saith God, I will pour out of my Spirit upon all flesh: and your sons and your daughters shall prophesy, and your young men shall see visions, and your old men shall dream dreams:

Hosea 10:12
12.Sow to yourselves in righteousness, reap in mercy; break up your fallow ground: for it is time to seek the LORD, till he come and rain righteousness upon you.

Hosea 6:3
3.Then shall we know, if we follow on to know the LORD: his going forth is prepared as the morning; and he shall come unto us as the rain, as the latter and former rain unto the earth.

Luke 21:27-28
27.And then shall they see the Son of man coming in a cloud with power and great glory.
28.And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.

Anonymous said...

EU moves towards partial gag on ratings agencies

11 July 2011, 16:16 CET


(BRUSSELS) - Brussels on Monday urged a clampdown on the world's ratings agencies...

* * *

http://www.eubusiness.com/news-eu/eurozone-finance.b7b

Anonymous said...

Scott please go here >>>>

You will like this article

http://www.jpost.com/Opinion/Columnists/Article.aspx?id=228892

Stephen >>>>>>>>>>>>>

Anonymous said...

Scott >>>>>

Dollar just made a break out on the
upside. Things are getting VERY
DANGEROUS now for global markets.

Oh, and I would NOT trust the rally
in GOLD this AM, I think it will
come right back down again....

STAY IN CASH according to
www.elliottwave.com

Stephen >>>>>>>>>>>>>>>>

Anonymous said...

Anyone concerned about DEBT problems in this world, PLEASE go here:

http://www.elliottwave.com/freeupdates/archives/2011/07/11/Myth-Market-Down-on-Debt-Crisis.-Reality-The-Debt-Crisis-Follows-Market-Psychology.aspx?utm_source=CG&utm_campaign=slider&utm_medium=more

thanks

Stephen >>>>>>>>>>>>>>>>>>>>>>>>

Scott said...

Stephen - I agree about "staying in cash" right now.

Ally - I feel that there is noting more than "the other side": would like, than to see us all paralyzed in fear. I refuse. Jesus told us to look up - for Him - so thats my plan :)

Mrs C - many thanks for those uplifting scriptures!

Anon- if you have any links, please feel free to post the links
Thanks!

Dylan said...

Today its been weighing on my mind that Jesus is coming soon. I don't know why, it just has. I sure hope this feeling is correct.

Mrs. C said...

My great joy Scott :) Did ya check out the Video? Let It Rain? You have to click "continue" at the bottom of the first page and then it starts the music etc. MW Smith- Let It Rain! @ the link I posted? Ally got me all fired up with such a fantastic Prayer! and this vid reminds me of how much the Lord is indeed pour out His Spirit in these last days! When a Gentleman recites Psalm 97, WOW just WOW I can see the Lord Coming!

Anonymous said...

Dylan-I sure hope your feeling is right on! I'm feeling it too! ally

Dylan said...

By the commentary at the bottom of this post, it seems Scott feels it too.

Scott said...

Dylan - I am one who typically prefers to rely on data and facts rather than 'feelings' - but having said that - I am definitely getting the sense that things are happening now which are placing us very close to the last events preceding the Tribulation -- and a sense that the gathering up will be soon. Its an undeniable sense, but who knows for sure. The pace of the birth pains has really really sped up in the last months. Again, its undeniable.

Scott said...

Mrs C -- headed to that video now! Thanks!

Anonymous said...

Its like that giant zit you get right before the big dance ;)lol. you sure notice it even if no one else does. Really guys, if we aren't out of here soon I might start looking for the ac with Stephen. Thats how close I think we are! Short of nuclear war or the US splitting in half, what is left to happen? And I am not ruling those out either. Silly me. And I just went out and got a real job today. hahaha. I hope the rapture isn't on a friday night around 7. The customers might not be getting their delicious gourmet meal in a timely manner. I get so goofy nowadays just thinking about seeing Yeshua! ally

Scott said...

Everybody should watch that ! It was so uplifting!

Anonymous said...

It was awesome for sure

DrNofog said...

Stephen,

Answer me a few minor little ?? that have been bothering me lately...

Did you "miss" EI's follow-up to your continual "Dollar rally-Euro bust" posts, or did you just conveniently 'ignore' it??

"CHINA: WE WILL CONSISTENTLY CONTINUE TO SUPPORT EUROPE AND THE EURO..."
http://www.telegraph.co.uk/finance/financialcrisis/8599119/Eurozone-relief-as-China-pledges-debt-bailout.html

Now WHY?!? --would China, an avowed West'n/Civ hating Communist dictatorship have ANY possible interest in boosting up the Euro & Euro-Union??? [Unless they are, in fact, Illuminati, party to the Satanic NWO???]

And did you just happen to "miss" this also:

"...#6 Thanks to the Dodd-Frank Act, over the counter trading of gold and silver is going to be illegal starting on July 15th. Or at least that is what some companies apparently now believe..."

Now what, exactly, happens to "commodities" that are taken off the free market???

Well, last time I checked any 'historical' records ... they sky-rocket in value!!

See, now these things seem to be following the Biblical prophecies a little better this way...

So much for the Idiot waa... ooops, sorry, Elliot wave theory.

Or, as you like to say: "Think about it"...
;-D

Scott said...

DrNo - What IS up with China's involvement - in your opinion?

DrNofog said...

From many who have diligently researched this for a number of generations, there are many "leaders" in almost every country who now owe their 1st allegiance to Satan/Illuminati and they will make every effort to steer their country towards the NWO, even if it involves 'necessary' sacrifices to their own "country".
It's the god "they" serve...

Scott said...

DrNo - but what are they doing getting involved in saving the Euro? Whats their angle there?

Expected Imminently said...

Scott
imho its all about ownership, cause its them that pulls the strings to make us peeps move to their shakers.
In the building trade, it can be necessary to buy an unwanted building for the sake of the more valuable land it is built on. Once the property is paid for, they can do what they like with it.
It's no more than how China is gradually buying up the U.S., bit by bit. :(

DrNofog
Thanks for resurrecting my comment; I felt a tad ignored by our Stephen, bless his little cotton socks...

DrNofog said...

Scott, every one of these 'princes' of a nation [some soon destined to be some of the 10 kings] would dearly love to be the top dog [reserved for the AC] and back-stab each other to get there but they still have to [appear to] be working for the common goal of the NWO, have to build alliances, and be careful not to make rash moves or get 'edged out' by an up-&-comer, much the same way the Cardinals have to cut deals with each other to get their guy to the Top-Pop position.

The select few top Chi-coms that worship the Beast know the Euro-union has to survive to be the backbone of the NWO.

EI, yer more than welcome! Every now and then I do like to help some ferriners out ... Uhhh, which way did you say you came in??
;-D

Scott said...

Good points - thanks - it makes sense. Plus, you are looking at this another layer deeper in that last sentence in terms of the Beast. Very interesting.