Tanking the Banks on Purpose? :: By Bill Wilson

Globalists have long promoted the idea of a central bank with a central world currency. These bank failures of recent days may be part of their overall plan.

When banks fail, governments or other banks come alongside them to ensure that their depositors are protected. Consolidation and control is usually the result. While the bailed-out bank may have its same name, it is now owned by or beholden to another entity, a larger entity that can afford the risk. This puts the money in control of fewer hands.

There are conditions for the bailouts. What currently may be happening is a shift in how banking is done, consolidation if you will, to bring tighter control and monitoring of money. A large step toward electronic currency.

Policy is a huge factor. During the early Trump years, the economy was humming. Then came COVID. And then came Biden. The Biden Administration policies caused this current bank crisis, likely in cooperation with the major financial leaders.

Locking down the economy was a huge step toward financial disruption. Immediately on the heels of that Marxist move was Biden’s barrage against the economy.

Within hours of taking office, Joe Biden issued Executive Orders, such as canceling the Keystone pipeline and ending oil exploration and leases on federal lands. That Executive Order turned the United States from an energy-independent nation into an energy-dependent country. Within a month, gasoline prices shot up 33 cents a gallon. This set off a chain reaction throughout the economy. Costs of goods skyrocketed.

Then Biden’s Inflation Reduction Act rammed through Congress on a partisan vote.

Senator Marsha Blackburn (R-TN) waxed prophetic at the time, saying, “The Democrats’ reckless tax and spending plan includes nearly $370 billion to fund the Green New Deal, $64 billion for Obamacare, and hundreds of billions in new taxes on American businesses and manufacturers…. The spending spree also includes $80 billion to double the number of IRS agents–practically giving every American a personalized tax auditor. We should be cutting taxes, not increasing them.”

The Federal Reserve responded by raising the prime rate, leaving many banks holding notes at low interest, reducing profit margins while the cost of money increased.

Considering the goals of the World Economic Forum and the US participation in it, a reasonable question to ask is: Did Biden tank the banks on purpose?

This control and consolidation as a result of major bank failures, the subsequent cost of bailouts, and the ripple effect on the world’s banking systems point to a crisis hurling the world closer to an electronic currency—especially when one of the bank failures was a major dealer in cryptocurrency, of which the government wants to gain control.

This is not so much about protecting your money; it may well be more about establishing a clear pathway to controlling you through your money.

As is prophesied in Revelation 13:17, “And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”

The path of the beast is being cleared. Beware.

Posted in The Daily Jot

 

Of Child Sexual Abuse and the Catholic Church :: By Bill Wilson

The Archdiocese of Baltimore is urging its Roman Catholic congregants to oppose two bills “currently before the Maryland General Assembly that would remove the statute of limitations on civil claims for future incidents of child sexual abuse and retroactively revive claims that are currently time-barred, no matter how long ago the alleged abuse occurred.”

In an email, the Archdiocese reasons that removing the statute of limitations “greatly increases the financial harm to the Church and its ministries,” noting that some 26 dioceses “have already filed for bankruptcy caused by similar laws in other states, and more are expected.”

Clearly, the Catholic Church is trying to mitigate risk on future claims of its systemic child abuse.

Citing Maryland General Assembly House Bill 001 and Senate Bill 686, the Archdiocese says, “These bills treat public and private institutions differently by setting a lower ceiling on how much a public school board, for example, could be sued compared to a private institution such as a parish or non-public school. This creates two classes of survivors and greatly increases the financial harm to the Church and its ministries.”

The email notes that “The Church in Maryland” already provides victims-survivors with millions in therapeutic counseling and direct financial payments as a result of their abuse and has implemented strict prevention policies. It also says that perpetrators can be criminally charged without time limitations.

These bills are about future civil–not criminal–actions. They propose “repealing the statute of limitations in certain civil actions relating to child sexual abuse.” Criminal law deals with offenses against the public, society, or the state. Civil law deals with injury to an individual. Whether bills such as these in Maryland or any other state create two classes of survivors is really immaterial. The Roman Catholic Church is seeking to deprive compensation to victims-survivors of child sexual abuse perpetrated by its priests.

BishopAccountability.org documents that the U.S. Catholic Church has paid out over $3 BILLION on cases dating back to the 1950s, representing only a fraction of an estimated 100,000 victims.

Let me be clear: No child should ever be sexually abused, especially by leadership of any church, any denomination.

In November 2022, Maryland Attorney General Brian Frosh completed a 463-page report on an investigation that identified 158 Roman Catholic priests in the Archdiocese of Baltimore accused of abusing more than 600 victims over 80 years. Of course, Archbishop William Lori apologized, but the Archdiocese is calling on all Maryland Catholics to oppose legislation that allows FUTURE civil relief of victims and is spending millions to lobby against these bills.

Not only does that apology ring hollow, the opposition means that this atrocity is not finished. It’s likely ongoing.

Christ said in Matthew 18:6, “But whoever causes one of these little ones who believe in Me to sin, it would be better for him if a millstone were hung around his neck, and he were drowned in the depth of the sea.”

How much tithe money perpetuates this evil and stains the hands of givers?

Posted in The Daily Jot

Sources:

bishopaccountability.org: Sexual Abuse by U.S. Catholic Clergy: Settlements and Monetary Awards in Civil Suits

apnews.com: Catholic Church lobbied for taxpayer funds, got $1.4B (many millions going to dioceses with clergy sexual abuse cover-ups)

bishopaccountability.org: Catholic church paid Maryland lobbyists more than $200K to help limit, prevent abuse lawsuits

cbsnews.com: Catholic Church spent $10.6 million to lobby against legislation that would benefit victims of child sex abuse