SPAIN WANTS PA STATE IN 2010

KING JESUS IS COMING FOR US ANY TIME NOW. THE RAPTURE. BE PREPARED TO GO.

EU SPAIN #11

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).

Spanish EU presidency wants Palestinian state in 2010
LEIGH PHILLIPS 21.12.2009 @ 17:41 CET

Spain, the European Union's incoming president, is to orchestrate a push by the bloc for the establishment of a Palestinian state in 2010.Miguel Moratinos, the country's foreign minister, said on Friday (18 December) that Madrid sees the foundation of a Palestinian state alongside Israel as one of its main priorities under its six-month helmsmanship of the 27-country bloc, which begins in January.My idea, and my dream, and my engagement, is to work for having in 2010, finally, a Palestinian state that could live in peace and security with Israel, he told reporters in Brussels while outlining his country's plans for the next six months.We are all in the international community defending the two-state solution. Why should we wait for a Palestinian state? he asked. We have Israel as a state, we want its neighbour, the Palestinians, to have the same status.He said that its creation must come through negotiation, in effect suggesting that the EU would prefer not to be forced into a situation of choosing whether to recognise a Palestinian unilateral declaration of independence.In recent weeks, Palestinian officials have said they intend to take precisely such a move within weeks.Analysts believe that while Palestinian Authority figures may be bluffing that Ramallah would make such an announcement so soon, they do think that if peace talks are not restarted in a substantive way at some point, independence is very likely in the near future.

Mr Moratinos' words reflected the urgency the EU sees in dealing with the matter.
It's not going to be easy, but I think it's needed. We need a Palestinian state, the sooner, the better, and that is going to be our objective, he said.He added that the Spanish presidency is to step up the bloc's diplomacy under its EU watch, aiming to breath new life into the long foundered peace talks.The foreign minister outlined Madrid's four key priorities as EU skipper: shepherding the bloc's tentative economic recovery, boosting the bloc's international influence, expanding the rights and freedoms of European citizens and overseeing implementation of the recently passed Lisbon Treaty.Mr Moratinos said that an extra summit of EU leaders is to be mounted in February to discuss successor economic plans to the soon-to-be-expired Lisbon Strategy, widely seen as a flop.Spain's prime minister has long made women's rights a key element of his premiership, something he wishes to build on at the European level with the creation of an EU monitoring centre for violence against women.

EU report highlights economic uncertainty
ANDREW WILLIS 21.12.2009 @ 17:27 CET

EUOBSERVER / BRUSSELS - Considerable uncertainty surrounds the moderate economic improvements seen in the euro area in recent months, the European Commission said on Monday (21 December).The 16 countries that share the euro currency saw quarter-on-quarter growth of 0.4 percent in the third quarter of 2009, largely due to the extensive stimulus measures rolled out across much of the bloc. But the ultimate withdrawal of the support measures is casting considerable doubt over the region's expansion prospects for the coming years, said the commission in its quarterly report on the euro area. The EU executive said the outlook ultimately depends on the ability of the banking sector to increase the present levels of lending to the economy.It added that continued European job losses were a source of concern both socially and economically. Euro area unemployment stood at 9.8 percent in October - equating to over 15 million men and women without work. The Netherlands has the lowest unemployment rate in the common currency area, at 3.7 percent, while Spain brings up the other end of the scale, with unemployment standing at 19.3 percent.

Currency worries

The commission also issued a stark warning regarding the current strength of the bloc's common currency, saying a further rise relative to other currencies could be a serious concern for the more liberalised eurozone economies.Monday's reports says the euro is already overvalued by seven to eight percent relative to other major currencies, reducing the attractiveness of the bloc's exports. Despite the exaggerated strength however, EU exports are recovering, a promising sign for 2010 as exports are usually the euro area's first indicator of recovery once economic growth settles in, the report said.The euro currency has risen considerably against the dollar in recent months on the back of perceived economic improvements, although recent troubles in Greece have caused it to drop back slightly.The commission has indicated it will announce proposals early next year on how to reduce Greece's deficit, set to exceed 12 percent this year. The report also pulled no punches regarding China's renminbi currency, widely perceived as being undervalued. The sustained large current account surplus and the accumulation of foreign exchange reserves provide evidence of a significant undervaluation of the renminbi,it said.
The fixed exchange rate policy is also contributing to loose monetary conditions in China, fuelling the risk of asset price bubbles, it adds.

OZONE DEPLETION JUDGEMENT ON THE EARTH DUE TO SIN

ISAIAH 30:26-27
26 Moreover the light of the moon shall be as the light of the sun, and the light of the sun shall be sevenfold, as the light of seven days, in the day that the LORD bindeth up the breach of his people, and healeth the stroke of their wound.
27 Behold, the name of the LORD cometh from far, burning with his anger, and the burden thereof is heavy: his lips are full of indignation, and his tongue as a devouring fire:

MATTHEW 24:21-22,29
21 For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.
22 And except those days should be shortened, there should no flesh be saved: but for the elect’s sake (ISRAELS SAKE) those days shall be shortened (Daylight hours shortened)
29 Immediately after the tribulation of those days shall the sun be darkened, and the moon shall not give her light, and the stars shall fall from heaven, and the powers of the heavens shall be shaken:

REVELATION 16:7-9
7 And I heard another out of the altar say, Even so, Lord God Almighty, true and righteous are thy judgments.
8 And the fourth angel poured out his vial upon the sun; and power was given unto him to scorch men with fire.
9 And men were scorched with great heat, and blasphemed the name of God, which hath power over these plagues: and they repented not to give him glory.

Copenhagen failure disappointing, shameful-Swedish PM Fredrik Reinfeldt was disappointed with the outcome at BrokenHagen. (Photo: Image.net)LEIGH PHILLIPS
20.12.2009 @ 22:48 CET

EUOBSERVER / BRUSSELS - The Copenhagen summit, billed as a historic meeting about nothing less than saving the planet for human habitation, ended this weekend with a low-key accord that was rejected by poor nations, described as disappointing by EU leaders and condemned by NGOs as a shameful, monumental failure.After two years of preparations and ever grimmer scientific assessments of the state the planet is in, from its melting ice-caps to acidifying oceans, in the small hours of Saturday morning (19 December), it all came down to a deal agreed to by about 25 heads of state and put together outside the UN process by a clutch of countries led by China, South Africa, India, Brazil and the US.The five-page-long text, which only recognises the need to limit global temperatures to rising no more than 2 degrees Celsius above pre-industrial levels, but does not require that this happen, was itself only recognised by the 193 countries attending the Copenhagen summit and not approved by them.Most developing countries - the hardest hit by global warming - have been pushing for an upper limit of 1.5 degrees as 2 degrees of average change still results in growth of up to four degrees in some parts of the planet.No emissions reduction ambitions were delineated for the key year of 2020, and even a previous target of cutting CO2 emissions by 80 percent by 2050 was abandoned. This came as a surprise to many observers, as commitments to quite deep cuts long after the current generation of politicians has left the stage have been nowhere near as controversial as discussions over shorter-term goals.The European Union in the end did not make the leap from a 20 percent cut in emissions to 30 percent, reckoning that the other reduction offers on the table were not sufficiently ambitious. While the scientific consensus is that at a minimum, CO2 must be reduced by developed countries by between 25 and 40 percent, the reduction pledges made by global powers amounted to between 13 and 19 percent. According to a late-hour analysis by the UN leaked to the press on the eve of the final talks, this would result in a temperature change of three degrees.Despite the EU decision to hold back its 30 percent offer, European Commission President Jose Manuel Barroso insisted such a move was not ruled out at some point in the future. This is not the final say. We need to keep working on this, he said.

The Copenhagen deal sets no year for a peak in emissions, although its implementation is to be reviewed by 2015.The accord also sets a goal of delivering $100 billion a year to developing countries to help them deal with the effects of climate change and to move towards a low-carbon development path. But this headline figure includes no reference to how much will come from government coffers and how much from funds that would flow anyway via normal market mechanisms. Emerging nations such as China are to monitor their emissions reduction efforts and report to the UN every two years. The US and the EU to a lesser extent have been pushing for the richer developing nations to agree to mechanisms that could verify whether cuts had in fact been achieved.Fredrik Reinfeldt, Sweden's prime minister and holder of the EU's six-month rotating presidency, admitted the conclusion to the conference will not counter global warming.Let's be honest. This is not a perfect agreement. It will not solve the climate threat, he said.For a summit that was in many ways, until the appearance of US and Chinese leaders, dominated by the European Union, both as participant and through the Danish presidency of the UN process, the result is a particular embarrassment for the bloc.European Commission President Jose Manuel Barroso said the accord was a positive step but clearly below our ambitions, while adding: I will not hide my disappointment.Developing countries were more scathing. Lumumba Di-Aping, the chief negotiator of the G77 group of nations called the end product of the two-week conference the lowest level of ambition you can imagine. It's nothing short of climate change scepticism in action. It locks countries into a cycle of poverty for ever.

Fury, disappointment

Mr Di-Aping called the pact a solution based on values, the very same values in our opinion that funneled 6 million people in Europe into furnaces. The rich north had "asked Africa to sign a suicide pact, an incineration pact, in order to maintain the economic dominance of a few countries.Bolivia's UN ambassador, Pablo Solon, was furious that the accord had been drafted without the participation of most of the world's countries: This is completely unacceptable. How can it be that 25 to 30 nations cook up an agreement that excludes the majority of the 190 nations? he asked.

Green and development NGOs took all developed countries to task but singled out the United States, which failed to up its emissions reduction beyond 17 percent on 2005 levels, which amounted to a cut of just four percent when using the international benchmark year of 1990. Unless this outcome is improved in the coming months the US will have signed the death warrant for those most vulnerable to climate change – people in small island states, Africa and the least developed countries, said Rashed Titumir of UK-based Action Aid.This summit has been in complete disarray from start to finish, culminating in a shameful and monumental failure that has condemned millions of people around the world to untold suffering, said Tim Jones, of the World Development Movement. The leaders of rich countries have refused to lead. They have been captured by business interests at a time when people need leaders to put justice first.As the dust was settling on the conference, some worried that the north would only offer climate cash to those countries that signed onto the accord. UK environment minister Ed Miliband told developing countries to sign on to the deal so the money can start flowing.The US appears to be more interested in saving face than saving the planet, said Friends of the Earth executive director Andy Atkins. They are now using strong-arm tactics to bully the developing world into backing a plan that completely undermines the existing UN process.This summit has been a complete failure - the climate accord should be sent to the recycling bin, he added, referring to the Danish capital as Brokenhagen.

HEALTHCARE STORIES
http://www.infowars.com/alex-jones-big-government-forces-health-care-bill-despite-bi-partisan-opposition/

Arizona’s Coming Government Collapse
ResistNet December 23, 2009 - A letter from Arizona Governor Jan Brewer

Dear Fellow Arizonan,

We face a state fiscal crisis of unparalleled dimension – one that is going to sweep over every single person in this state as well as every business and every family.

That is why I held an emergency cabinet meeting yesterday morning where I outlined for our state’s elected leaders and business leaders the ills our state faces. As I told them yesterday, we ARE faced with some of the worst days in our 97-year history.

We can debate how we got here, but we CANNOT remain paralyzed in our efforts to address the situation. We must set aside partisan politics and face the problem head on.

We must accept that we ARE where we ARE.

So here’s the TRUTH:

· The state has a budget deficit for the current fiscal year of $1.5 billion.
· Next fiscal year, 2011 — a budget year that begins in just six months — is even worse. Next year’s budget deficit stands at $3.4 billion. As of today — right now, that MUST change.Even though my Administration has already cut $1 Billion in state government spending, we must redouble our efforts to create a leaner, more fiscally responsible Arizona.I have asked all 90 members in the State Legislature to cooperate by submitting a reasonable plan. On behalf of citizens across our state, I expect them to become active participants in the budget process.

This problem did not happen overnight.

· Five years of spending nearly doubled state government.
· The economic recession has reduced state revenues by almost 40 percent in just 3 years.
· Population growth in school children, university students, health care and welfare populations and inmates in our state prisons has fundamentally ruled out simplistic solutions like rolling the state budget back to levels from five, six, or more years ago.
· Federal and voter mandates prevent us from touching nearly two-thirds of the state budget.
· And procrastination, denial, and lack of will have allowed these problems to fester.

We must solve these problems and we must solve them now. More than calling for cooperation, today I had state government implement various emergency measures meant to ensure Arizona’s fiscal solvency. Among them:

· I ordered the Arizona Department of Corrections to return to the custody of U.S. Immigration and Customs Enforcement (ICE) — as soon as possible — all non-violent criminal aliens as is allowed under existing law. These inmates are the responsibility of the federal government (as is securing our border with Mexico). Arizona should not have to bear this cost.
· I am restating my Arizonans-only directives to state agencies to ensure that public benefits are provided only to those who are legally in this country and who reside in this state.
· Effective immediately, I have ordered all state agencies who benefits to citizens to implement means testing and sliding fee schedules. While the government safety net must stay in place, we need to secure help only for the neediest among us.

These measures, though they may represent tough news for many Arizonans, are necessary to keep the state moving forward. Every Arizonan must understand why this state is suffering.That is why I invite you to take a moment now to visit my Web site to view the presentation I presented today to the state’s elected leaders and business leaders. After viewing this presentation, you will see the desperate times our state faces.You will also understand why we MUST ACT NOW not as Democrats, Republicans or Independents but as Arizonans.We owe it to the citizens of this state — our children and grandchildren — to adopt and approve a solution.

Sincerely,Jan Brewer Governor

EU/IMF REVOLT: GREECE, ICELAND, LATVIA MAY LEAD THE WAY Ellen Brown, December 7th, 2009 http://www.webofdebt.com/articles/eu_imf.php

Europe’s small, debt-strapped countries could follow the lead of Argentina and simply walk away from their debts. That would shift the burden to the creditor countries, which could solve the problem merely by a change in accounting rules. Total financial collapse, once a problem only for developing countries, has now come to Europe. The International Monetary Fund is imposing its austerity measures on the outer circle of the European Union, with Greece, Iceland and Latvia the hardest hit. But these are not your ordinary third world debtor supplicants. Historically, Iceland was settled by the Vikings, who successfully invaded Britain; Latvian tribes repulsed even the Vikings; and the Greeks conquered the whole Persian empire. If anyone can stand up to the IMF, these stalwart European warriors can.Dozens of countries have defaulted on their debts in recent decades, the most recent being Dubai, which declared a debt moratorium on November 26, 2009. If the once lavishly-rich Arab emirate can default, more desperate countries can; and when the alternative is to destroy the local economy, it is hard to argue that they shouldn’t. That is particularly true when the creditors are largely responsible for the debtor’s troubles, and there are good grounds for arguing the debts are not owed. Greece’s troubles originated when low interest rates that were inappropriate for Greece were maintained to rescue Germany from an economic slump. And Iceland and Latvia have been saddled with responsibility for private obligations to which they were not parties. Economist Michael Hudson writes:The European Union and International Monetary Fund have told them to replace private debts with public obligations, and to pay by raising taxes, slashing public spending and obliging citizens to deplete their savings. Resentment is growing not only toward those who ran up these debts . . . but also toward the neoliberal foreign advisors and creditors who pressured these governments to sell off the banks and public infrastructure to insiders.

The Dysfunctional EU: Where a Common Currency Fails
Greece may be the first in the EU outer circle to revolt. According to Ambrose Evans-Pritchard in Sunday’s Daily Telegraph,Greece has become the first country on the distressed fringes of Europe's monetary union to defy Brussels and reject the Dark Age leech-cure of wage deflation.Prime Minister George Papandreou said on Friday:
Salaried workers will not pay for this situation: we will not proceed with wage freezes or cuts. We did not come to power to tear down the social state.

Notes Evans-Pritchard:Mr Papandreou has good reason to throw the gauntlet at Europe's feet. Greece is being told to adopt an IMF-style austerity package, without the devaluation so central to IMF plans. The prescription is ruinous and patently self-defeating.The currency cannot be devalued because the same Euro is used by all. That means that while the country’s ability to repay is being crippled by austerity measures, there is no way to lower the cost of the debt. Evans-Pritchard concludes:
The deeper truth that few in Euroland are willing to discuss is that EMU is inherently dysfunctional – for Greece, for Germany, for everybody.Which is all the more reason that Iceland, which is not yet an EU member, might want to reconsider its position. As a condition of membership, Iceland is being required to endorse an agreement in which it would reimburse Dutch and British depositors who lost money in the collapse of IceSave, an offshore division of Iceland’s leading private bank. Eva Joly, a Norwegian-French magistrate hired to investigate the Icelandic bank collapse, calls it blackmail. She warns that succumbing to the EU’s demands will drain Iceland of its resources and its people, who are being forced to emigrate to find work. Latvia is a member of the EU and is expected to adopt the Euro, but it has not yet reached that stage. Meanwhile, the EU and IMF have told the government to borrow foreign currency to stabilize the exchange rate of the local currency, in order to help borrowers pay mortgages taken out in foreign currencies from foreign banks. As a condition of IMF funding, the usual government cutbacks are also being required. Nils Muiznieks, head of the Advanced Social and Political Research Institute in Riga, Latvia, complained: The rest of the world is implementing stimulus packages ranging from anywhere between one percent and ten percent of GDP but at the same time, Latvia has been asked to make deep cuts in spending - a total of about 38 percent this year in the public sector - and raise taxes to meet budget shortfalls.In November, the Latvian government adopted its harshest budget of recent years, with cuts of nearly 11%. The government had already raised taxes, slashed public spending and government wages, and shut dozens of schools and hospitals. As a result, the national bank forecasts a 17.5% decline in the economy this year, just when it needs a productive economy to get back on its feet. In Iceland, the economy contracted by 7.2% during the third quarter, the biggest fall on record. As in other countries squeezed by neo-liberal tourniquets on productivity, employment and output are being crippled, bringing these economies to their knees. The cynical view is that that may have been the intent. Instead of helping post-Soviet nations develop self-reliant economies, writes Marshall Auerback, the West has viewed them as economic oysters to be broken up to indebt them in order to extract interest charges and capital gains, leaving them empty shells.But the people are not submitting quietly to all this. In Latvia last week, while the Parliament debated what to do about the nation’s debt, thousands of demonstrating students and teachers filled the streets, protesting the closing of a hundred schools and reductions in teacher salaries of up to 60%. Demonstrators held signs saying,They have sold their souls to the devil and We are against poverty. In the Iceland Parliament, the IceSave debate had been going on for over 140 hours at last report, a new record; and a growing portion of the population opposes underwriting a debt they believe the government does not owe.

In a December 3 article in The Daily Mail titled What Iceland Can Teach the Tories, Mary Ellen Synon wrote that ever since the Icelandic economy collapsed last year, the empire builders of Brussels have been confident that the bankrupt and frightened Icelanders must finally be ready to exchange their independence for the stability of EU membership. But last month, an opinion poll showed that 54 percent of all Icelanders oppose membership, with just 29 percent in favor. Synon wrote:The Icelanders may have been scared out of their wits last year, but they are now climbing out from under the ruins of their prosperity and have decided that the most valuable thing they have left is their independence. They are not willing to trade it, not even for the possibility of a bail-out by the European Central Bank.Iceland, Latvia and Greece are all in a position to call the bluff of the IMF and EU. In an October 1 article called Latvia – the Insanity Continues, Marshall Auerback maintained that Latvia’s debt problem could be fixed over a weekend, by a list of measures including (1) not answering the phone when foreign creditors call the government; (2) declaring the banks insolvent, converting their external debt to equity, and having them reopen with full deposit insurance guaranteed in local currency; and (3) offering a local currency minimum wage job that includes healthcare to anyone willing and able to work as was done in Argentina after the Kirchner regime repudiated the IMF’s toxic package of debt repayment.Evans-Pritchard suggested a similar remedy for Greece, which he said could break out of its death loop by following the lead of Argentina. It could restore its currency, devalue, pass a law switching internal euro debt into [the local currency], and restructure foreign contracts.

The Road Less Traveled: Saying No to the IMF
Standing up to the IMF is not a well-worn path, but Argentina forged the trail. In the face of dire predictions that the economy would collapse without foreign credit, in 2001 it defied its creditors and simply walked away from its debts. By the fall of 2004, three years after a record default on a debt of more than $100 billion, the country was well on the road to recovery; and it achieved this feat without foreign help. The economy grew by 8 percent for 2 consecutive years. Exports increased, the currency was stable, investors were returning, and unemployment had eased.This is a remarkable historical event, one that challenges 25 years of failed policies, said economist Mark Weisbrot in a 2004 interview quoted in The New York Times. While other countries are just limping along, Argentina is experiencing very healthy growth with no sign that it is unsustainable, and they’ve done it without having to make any concessions to get foreign capital inflows.Weisbrot is co-director of a Washington-based think tank called the Center for Economic and Policy Research, which put out a study in October 2009 of 41 IMF debtor countries. The study found that the austere policies imposed by the IMF, including cutting spending and tightening monetary policy, were more likely to damage than help those economies.

That was also the conclusion of a study released last February by Yonca Özdemir from the Middle East Technical University in Ankara, comparing IMF assistance in Argentina and Turkey. Both emerging markets faced severe economic crises in 2001, preceded by chronic fiscal deficits, insufficient export growth, high indebtedness, political instability, and wealth inequality. Where Argentina broke ranks with the IMF, however, Turkey followed its advice at every turn. The end result was that Argentina bounced back, while Turkey is still in financial crisis. Turkey’s reliance on foreign investment has made it highly susceptible to the global economic downturn. Argentina chose instead to direct its investment inward, developing its domestic economy. To find the money for this development, Argentina did not need foreign investors. It issued its own money and credit through its own central bank. Earlier, when the national currency collapsed completely in 1995 and again after 2000, Argentine local governments issued local bonds that traded as currency. Provinces paid their employees with paper receipts called Debt-Cancelling Bonds that were in currency units equivalent to the Argentine Peso. The bonds canceled the provinces’ debts to their employees and could be spent in the community. The provinces had actually monetized their debts, turning their bonds into legal tender. Argentina is a large country with more resources than Iceland, Latvia or Greece, but new technologies now allow even small countries to become self-sufficient. See David Blume, Alcohol Can Be a Gas.

Local Currency for Local Development
Issuing and lending currency is the sovereign right of governments, and it is a right that Iceland and Latvia will lose if they join the EU, which forbids member nations to borrow from their own central banks. Latvia and Iceland both have natural resources that could be developed if they had the credit to do it; and with sovereign control over their local currencies, they could get that credit simply by creating it on the books of their own publicly-owned banks. In fact, there is nothing extraordinary in that proposal. All private banks get the credit they lend simply by creating it on their books. Contrary to popular belief, banks do not lend their own money or their depositors’ money. As the U.S. Federal Reserve attests, banks lend new money, created by double-entry bookkeeping as a deposit of the borrower on one side of the bank’s books and as an asset of the bank on the other.
Besides thawing frozen credit pipes, credit created by governments has the advantage that it can be issued interest-free. Eliminating the cost of interest can cut production costs dramatically. Government-issued money to fund public projects has a long and successful history, going back at least to the early eighteenth century, when the American colony of Pennsylvania issued money that was both lent and spent by the local government into the economy. The result was an unprecedented period of prosperity, achieved without producing price inflation and without taxing the people.

The island state of Guernsey, located in the Channel Islands between England and France, has funded infrastructure with government-issued money for over 200 years, without price inflation and without government debt. During the First World War, when private banks were demanding 6 percent interest, Australia’s publicly-owned Commonwealth Bank financed the Australian government’s war effort at an interest rate of a fraction of 1 percent, saving Australians some $12 million in bank charges. After the First World War, the bank’s governor used the bank’s credit power to save Australians from the depression conditions prevailing in other countries, by financing production and home-building and lending funds to local governments for the construction of roads, tramways, harbors, gasworks, and electric power plants. The bank’s profits were paid back to the national government.A successful infrastructure program funded with interest-free national credit was also instituted in New Zealand after it elected its first Labor government in the 1930s. Credit issued by its nationalized central bank allowed New Zealand to thrive at a time when the rest of the world was struggling with poverty and lack of productivity. The argument against governments issuing and lending money for infrastructure is that it would be inflationary, but this need not be the case. Price inflation results when demand (money) increases faster than supply (goods and services). When the national currency is expanded to fund productive projects, supply goes up along with demand, leaving consumer prices unaffected. In any case, as noted above, private banks themselves create the money they lend. The process by which banks create money is inherently inflationary, because they lend only the principal, not the interest necessary to pay their loans off. To come up with the interest, new loans must be taken out, continually inflating the money supply with new loan-money. And since the money is going to the creditors rather than into producing new goods and services, demand (money) increases without increasing supply, producing price inflation. If credit were extended for public infrastructure projects interest-free, inflation could actually be reduced, by reducing the need to continually take out new loans to find the elusive interest to service old loans. The key is to use the newly-created money or credit for productive projects that increase goods and services, rather than for speculation or to pay off national debt in foreign currencies (the trap that Zimbabwe fell into). The national currency can be protected from speculators by imposing exchange controls, as Malaysia did in 1998; imposing capital controls, as Brazil and Taiwan are doing now; banning derivatives; and imposing a Tobin tax, a small tax on trade in financial products.

Making the Creditors Whole
If the creditors are really interested in having their debts repaid, they will see the wisdom of letting the debtor nation build up its producing economy to give it something to pay with. If the creditors are not really interested in repayment but are using the debt as a tool to exploit the debtor country and strip it of its assets, the creditors’ bluff needs to be called. When the debtor nation refuses to pay, the burden shifts to the creditors to make themselves whole. British economist Michael Rowbotham suggests that in the modern world of electronic money, this can be accomplished by creative banking regulators simply with a change in accounting rules. Debt today is created with accounting entries, and it can be reversed with accounting entries. Rowbotham outlines two ways the rules might be changed to liquidate impossible-to-repay debt:The first option is to remove the obligation on banks to maintain parity between assets and liabilities . . . . Thus, if a commercial bank held $10 billion worth of developing country debt bonds, after cancellation it would be permitted in perpetuity to have a $10 billion dollar deficit in its assets. This is a simple matter of record-keeping.The second option . . . is to cancel the debt bonds, yet permit banks to retain them for purposes of accountancy. The debts would be cancelled so far as the developing nations were concerned, but still valid for the purposes of a bank’s accounts. The bonds would then be held as permanent, non-negotiable assets, at face value.If the banks were allowed either to carry unrepayable loans on their books or to accept payment in local currency, their assets and their solvency would be preserved. Everyone could shake hands and get back to work. Ellen Brown is a California attorney and the author of eleven books, including Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free, available in English, Swedish and German. Her websites are www.webofdebt.com and www.ellenbrown.com.

WORLD GOVERNMENT
http://www.youtube.com/watch?v=nnq5cQMiAB8&feature=related
http://britanniaradio.blogspot.com/2009/07/we-are-already-under-global-government.html#links
DICK MORRIS-This truly creates a global economic system. From now on, don’t look to Washington for the rule making, look to Brussels.

EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.

DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.

DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.

REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
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.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.

We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950

Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.

What’s Wrong With Global Government
Beth Srigley Infowars.com December 23, 2009

Sometimes, I get so caught up in being opposed to something I fail to remind myself as to WHY I’m opposed to it. Yesterday I found myself – in the wake of so much news in the past few months regarding swine flu and the WHO; climate change and Copenhagen; and the manufactured economic crisis and the G20 – wondering if I could articulate to one who is not so politically aware or analytical just why I think Global Governance is such a terrible idea. Here are some of the reasons I knew that I knew, but just hadn’t taken the time to spell out to myself.

1. The loss of the people’s voice. Today in Washington, Americans on all sides of the political spectrum increasingly feel that we have no say in the decisions made by our leaders. Even though we vote, our choices of leaders are unsatisfying, frequently leading us to choose the lesser of two evils. John McCain isn’t a true Conservative, and thus left true Conservatives without a candidate. Barack Obama claimed to be a centrist but it turns out that he’s as much in the bag for the bankers as any good Globalist should be. Neither one of these two men – or any of the other candidates in the 2008 election, save one – were good for this country, and many people knew it but felt it their civic duty to vote for SOMEONE. For those of us who are not caught up in the false left-right paradigm, we looked at the candidates and thought, what is going on here, with this cult of personality battling it out against reluctant followers of a false war hero who in no way represents the traditional Republican ideals? We look at our members of Congress and think, what makes you think you can get away with continuing to put lobbyists and special interests ahead of your constituents? Yet they do get away with it because there’s just too much power behind Washington in the form of special interests, a lack of government transparency, and sheer arrogance.

If you think you lack a voice now, wait until we have Global Government. It would necessarily have to be tyrannical. It could not be a Democratic Republic (not that we really have that now) for the simple reason that it would be too difficult for the World leaders to control. We can relatively easily get on a plane or train, or hop in our cars and get ourselves to Washington DC and see our leaders face-to-face now. Our presence – if we wake up and start holding these officials accountable in whatever ways we have left – may once again remind them that they work for us, we don’t work for them or their lobbyist fundraisers. We can still have a march in DC including tens of thousands – like that of the Ron Paul Revolution or the tea party marches – to let them know that we’re watching. In a World Government model, it would be vastly more difficult to organize. We’d have to do it on a global scale and rely on the people of India or Afghanistan or Spain or Zimbabwe to have this march, people who generally are much worse off than we and are worried about how they’re going to feed their families tomorrow than going to a political march. The World leaders will be very comfortable in their ivory towers because they will know that they will be untouchable. So, your voice will be lost simply because of logistics. Regardless of who’s in power, your opposition to decisions made by a world body will be meaningless. If you’re liberal who truly cares about the plight of the hungry (and there aren’t as many of you as you may think), you will have no recourse to destructive policies made under the guise of environmentalism, and if you’re a conservative, you will scream at the top of your lungs about spending and no one will care. No one will even hear you. They’ll be too far away and too insulated for your voice to break through the walls.

2. Control. In a World Government model, there would necessarily have to be a technological control grid. The government simply can’t control 6 billion people (if that many are left when they’re done) without some sort of biotech or tracking devices. It will start with convenience, but the real reason will be control. We see this now even in America and Britain with the abundance of traffic cameras that automatically send you tickets for violating any one of our thousands of traffic laws. They can’t even control the population of a large metropolis – how will they do it on a global scale? A global government can’t control your carbon emissions (since that seems to be what they’ve resorted to), it can’t control your salary, it can’t control your internet activity, it can’t control your money, it can’t control your health unless we are all electronically tracked. Since the trend of global governance is heavily reliant on controlling people in order to achieve some sort of greater good, we must be tracked to make things fair for all people in the world. Yes – this is a joke. It is socialism at its worst. There are already RFID chips in our passports and our drivers’ licenses, but imagine what else the governors of this World body can use to track us. GPS on our cars, tracking where we go and storing that information just in case they need it later? Chips in our forearms? How else would a global health care system know what we’re putting into our bodies and if it adheres to our government-prescribed diet? How else will the government know if we’re going to our required one hour gym visit? Do I sound paranoid? I shouldn’t – the trend is towards less human-to-human interaction and more human-machine interaction. Think of ATMs, online ordering, and touch-tone menus when you call almost any company. Last time I went to the doctor, she had me put all my information not on a piece of paper, but a wireless entry system that sent my personal, intimate details to God-knows-where.

3. Management. We have the UN now, which is basically a useless organization, luckily for us. Even though member states donate their money to the UN, the leadership of a global government would have to be a financial body capable of compelling member states to pay to a coffer from which they will draw, supposedly to orchestrate the needs of the globe. Re-read that: orchestrate the needs of the globe. This is an impossibility. A small government body can’t orchestrate the needs of its small population, let alone the needs of 6 billion people. (This is ignoring the idea that we even need government to orchestrate our needs, which is debatable since most of what government gets involved in gets all screwed up, anyways.) Regardless of where on the political spectrum you lie, think about it on an accessible scale: public schools. Look at the school systems of any large metropolis…say, Chicago. In Chicago, we have hundreds of government workers, including teachers, principals, staff, security, secretaries, financial operators, etc. All of these people are working in tandem, supposedly to meet the needs of the hundreds of thousands of students in the system. Yet we still have failing schools, incredible government waste, teachers failing to get their paychecks, staff at human resources who let their phones ring and ring while they paint their nails, schools without textbooks but cappuccino machines and flat screen televisions in the downtown offices. Why? Because the vision of any large governmental organization that BY LAW must exist will falter because it’s too big. The workers downtown (or wherever this world body is based) is completely out of touch with the needs of the people to whom it’s dictating. Some banker in Copenhagen has no idea how I should best educate my child. And if you think that the global body will rely on the member states to communicate to it what those individuals need, again think of CPS. It’s global governance-in-training. It doesn’t work. The money isn’t used appropriately, people slip through the cracks, and we have no control over our own fates.

Lest some of you jump in here and say that it’s hypocritical to think that we will have a government that can’t manage its own money but can track our movements and actions, think of this: We have a government now that can’t run a DMV efficiently, but can track, record, catalog, and use your phone calls and emails against you at any moment, when it decides that you represent a threat to someone. We have a government now that can manipulate voter data in two minutes via hacking, and we have government agencies that can genetically modify our food, thus changing our DNA. The waste and fraud are not about incompetence – they’re about the simple fact that the people committing these acts of fraud and waste because THEY CAN. can storm into the DMV or the Chicago Public Schools’ Human Resources department and scream and I’ll be heard…somewhat. I can’t walk over to Copenhagen and scream. Again, it goes back to the loss of my voice as an individual.

4. The loss of our individual rights at the expense of others’. Think about this: In 2004, France passed a law prohibiting in schools symbols or clothes through which students conspicuously display their religious affiliation. In Switzerland, the building of new minarets is illegal. In America, we have new hate crime legislation that allows the federal government to re-try you if it’s unsatisfied with a not-guilty verdict in a hate crimes case, thus destroying our protections against double-jeopardy. There are now certain groups of people against whom crimes are more heinous than others. In all of these cases, the rights of the individual are completely wiped away because of group identity.

Diversity is an important aspect to living in a country such as America and a world such as ours. However, at what point to your individual rights to believe what you want, say what you want, and behave in a manner in which you want become less important than hurting someone else’s feelings? Imagine this on a global scale. Our bill of rights – which our founders wrote so as to keep the individual’s rights protected from government infringement – will be destroyed at the expense of diversity. It ceases to become diversity when only certain opinions are allowed. Imagine if suddenly – around the world – Muslim women who chose to wear the hijab were not allowed to do so. Imagine if suddenly – around the world – the construction of new Presbyterian churches was illegal. What would happen to diversity at the expense of diversity?

What does this have to do with World government? Conformity. The destruction of the individual and his or her desires, needs, dreams, personalities will be complete. Again, necessarily World government will have to streamline and level the world population, curbing our speech, beliefs, and actions. We’re easier to control then.

These are just some of the problems with World government. There are more – many more. Consider this a call to action – perhaps to add your own ideas, but more simply to become aware that this is our fate unless you wake up to the realities of what’s going on around you. The trend is towards global governance; it is almost upon us. According to the new EU president Herman van Rompuy, 2009 was the first year of World governance. Despite what I want, I agree with him. It happened seemingly without warning, but in truth people have been screaming about this for decades. They’re crazy, though; the conspiracy theorists who are derided on television by the accepted talking heads tell us so, and many people believe them.

World government will be inevitable unless people start taking action in whatever way they need to in order to avoid it. We must take back the power that we’ve been letting go of gradually since this country’s founding. We must wake up. For those of you who voted for him, Barack Obama is NOT the savior of this country – you must see that by now. He’s committed to using the farce of climate change and destroying the United States financially in order to bring about Global governance, regardless if it’s what’s best for you, the individual.