July 13
A “New World Currency”
Ever since World War II, the U.S. dollar has been the king of currencies. America has had a beautiful relationship with its global trade partners. They send us good and services, and we send them financial instruments in the form of Treasury bills, bonds, and plain old cash.
In recent months, the world has finally realized that America is a debtor nation, funding its standard of living through an endless issuance of debt securities. The wake-up call was certainly the sub-prime financial meltdown. Easy credit, much of it from abroad, created an equity bubble that nearly drove every major bank in America into bankruptcy. The need for bailout and stimulus money caused the U.S. budget deficit to zoom to $1.8 trillion for this fiscal year.
China has made a series of attacks on the dollar. It was one of the first nations to call for a new global currency. "We should have a better system for reserve currency issuance and regulation, so that we can maintain relative stability of major reserve currencies exchange rates and promote a diversified and rational international reserve currency system,” said Mr. Dai, according to the Chinese foreign ministry.
The Chinese have a good reason to be worried about the value of the dollar. They hold nearly $2 trillion of foreign debt, the bulk of which is denominated in dollars. When Hillary Clinton recently paid a visit to China, she got an ear full from Beijing leaders about their displeasure with the U.S. government's huge deficits and the Federal Reserve's easy monetary policy.
The Chinese have not stopped buying America's debt. Beijing realizes their economic and political stability is linked to the dollar. All those Chinese goods have to be bought be someone.
One possible solution to the problem is to diversify the global currency system away from the dollar. The European euro is a leading candidate. There is also talk of a “new world currency” that is based on a mix of currencies that would be administered by the International Monetary Fund.
Russia's President, Dmitry Medvedev, made a dramatic appeal for a new unified currency at the meeting of G8 leaders in the Italian city of Aquila. He pulled a coin out of his pocket and said, “Here it is. You can see it and touch it.” The coin, presented to all the G8 leaders attending the summit, bears the words, “unity in diversity.”
The possibility of a supranational currency “concerns everyone now, even the mints,” Mr. Medvedev said. The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.”
I’ve said it before: The introduction of any new global currency would probably trigger an economic meltdown. It’s already going to be nearly impossible for the U.S. to manage its debt load in the coming years. Any reduction in the sale of U.S. debt equities would bring financial Armageddon all the sooner.
All this talk of global currency is perfect stage-setting for the economic system the Antichrist will use to spiritually enslave the world. He may use the economic storm that the rapture will most certainly trigger as a cover for his plan. Whatever the cause, the result will be a world where all cash is digital, and true believers will be locked out of the system.
"And he causes all, the small and the great, and the rich and the poor, and the free men and slaves, to be given a mark on their right hand or on their forehead, and he provides that no one can buy or to sell, except the one who has the mark, either the name of the beast or the number of his name" (Revelation 13:16-17).
On a side note, it amazes me that we have world leader talking about a global currency, and it gets little attention even from prophecy-minded Christians. I think the strongest indication that we are near the tribulation hour is when key end-time events become regarded as commonplace.
"Just so, when you see the events I've described beginning to happen, you can know his return is very near, right at the door" (NLT Matthew 24:33).
-- Todd
Reprobate Minds
It takes only a quick survey of today's societal landscape to verify that this generation is well into upside-down thinking. Sanity is always the victim of sin saturation while any society struggles to break free of the Creator's influence. Paul the apostle wrote of the antediluvians: "And even as they did not like to retain God in [their] knowledge, God gave them over to a reprobate mind, to do those things which are not convenient..." (Romans 1:28).
With due respect for the family of the just-departed Michael Jackson, the frenetic, worldwide hoopla over the self-proclaimed "King of Pop," when considered against the infinitely more important news going on at the time, punctuates the insanity infecting this generation. The surrounding madness involved in Jackson's death swamped news of phenomenal importance for the world, burying such matters as Israel's getting permission to fly over Saudi Arabia if a strike against Iranian nuclear weapons production facilities becomes necessary.
All mainstream news media—all media, as a matter of fact, dealt with every jot and tittle of the entertainer's musical history, perverse lifestyle, and death. While men—and now, in this warped world—women, sit incarcerated for crimes of being inappropriate with children, the world worshipped at the casket of a plastic surgery-twisted man who admittedly slept with boys in his strange Neverland bedroom—several of whom testified to his sexual deviancy performed on them.
While a human jury found him not guilty of the charges, it will be up to the final, omniscient jury of one to judge truth in the matter. The reprobate minds of mankind manifest the luciferian sin-venom's effects through the supposed enlightened education that takes sane thinking ever farther from God. Humanism's social engineers can't seem to be able to determine the cause of man's rage against peaceful comportment.
They refuse to allow God, and particularly the Maker of all things—Jesus Christ—into the classrooms. They venerate and bring into the classroom, instead, purveyors of godless untruth to teach the religion of evolution, which is man-centered, and which has led to the point that man again is told to worship at the altar of the earth. The doctrine of Mother Earth worship—its color is green—can be found bubbling to the surface of every piece of legislation coming out of America and the world's various bodies politic.
The dogma of evolution teaches young minds that they are but animals of a higher order. The social architects then shake their heads in frustration when many of those young act like ungoverned animals and grow, in some cases, to be adults who do things, routinely, that even the animal world wouldn't normally do.
When keeping God's divine manual of life for His creation called man from the minds of children, should it be a wonder that they grow to see nothing wrong with unbridled activities that lead to unwanted births? The solution is simple in the reprobate minds of the legislators and courts who adhere to the evolutionary view that man is but another animal, thus subject to being eliminated if an inconvenience. The satanic lie, evolution, now brings this generation in America to the point that more than 50 million human beings have been murdered as surely as have been the hundreds of millions of people slaughtered by the barbarians of the past, and by more modern genocidal maniacs like Stalin, Hitler, Mao Tse-tung, and the rest. The God of the universe, however, says it plainly, putting His all-knowing finger on the problem.
Again, Paul the apostle wrote under divine inspiration, using ancient reprobate thinkers as example: "For the wrath of God is revealed from heaven against all ungodliness and unrighteousness of men, who hold the truth in unrighteousness; Because that which may be known of God is manifest in them; for God hath shewed it unto them. For the invisible things of him from the creation of the world are clearly seen, being understood by the things that are made, even his eternal power and Godhead; so that they are without excuse: Because that, when they knew God, they glorified him not as God, neither were thankful; but became vain in their imaginations, and their foolish heart was darkened. Professing themselves to be wise, they became fools, And changed the glory of the uncorruptible God into an image made like to corruptible man, and to birds, and fourfooted beasts, and creeping things" (Romans 1:18-23).
Despite the grandiose plans coming out of the politicians and bureaucrats of America and the world, which proposes to know what is best for us lesser mortals, while this generation rages toward God's judgment and wrath, confusion reigns among supposedly the best and brightest. One liberal, who like others of her ilk claims to know what's best for the masses of their perceived underlings, seems to have had a brain-glitch recently. She made a statement of what she obviously believes, but normally would never say for public consumption:
"In an astonishing admission, U.S. Supreme Court Justice Ruth Bader Ginsburg says she was under the impression that legalizing abortion with the 1973 Roe v. Wade case would eliminate undesirable members of the populace, or as she put it 'populations that we don't want to have too many of.'
Her remarks, set to be published in the New York Times Magazine this Sunday but viewable online now, came in an in-depth interview with Emily Bazelon titled, 'The Place of Women on the Court.'...
'the ruling... surprised me. [Harris v. McRae–in 1980 the court upheld the Hyde Amendment, which forbids the use of Medicaid for abortions.] Frankly I had thought that at the time Roe was decided, there was concern about population growth and particularly growth in populations that we don't want to have too many of...'" (Ginsburg: I thought Roe was to rid undesirables Justice discusses ‘growth in populations that we don’t want to have too many of’” WorldNetDaily, 7/8/09)
Those who champion worshipful attention to planet earth's environment, demanding that habitat for a species of bird or fish must be protected at all costs, while being unable to understand that it is a horrific evil to murder even one human infant in the womb, much less many millions, exhibit thinking that can only be classified as insanity. It comes from the same, now totally reprobate mind that still thinks he can defeat Almighty God, even though he—Satan—knows up close and personal the omnipotence of the great “I AM.”
--Terry
