EUROPEAN MONETARY FUND-EU COMMISSION SUGGESTS

EU CALLS FOR WORLD GOVERNMENT
http://www.youtube.com/watch?v=a7D21rPpBrk&eurl=http%3A%2F%2Feuro%2Dmed%2Edk%2F%3Fp%3D1277&feature=player_embedded
http://www.youtube.com/watch?v=wFs99zBTRO0&feature=related
http://www.youtube.com/watch?v=kTfv6uOHgqQ&feature=related
http://www.youtube.com/watch?v=QVeMBNB0cII&feature=related
http://video.google.com/videoplay?docid=-4291770489472554607&ei=iaRTSrzHAoqUqQL1gMGqDw&q=EU&hl=en
http://www.youtube.com/watch?v=QVeMBNB0cII&feature=player_embedded
http://www.youtube.com/watch?v=aVmtbLc4t6M&eurl=http%3A%2F%2Feuro%2Dmed%2Edk%2F%3Fp%3D1277&feature=player_embedded
http://www.youtube.com/watch?v=Uv5cqh26CC0&eurl=http%3A%2F%2Feuro%2Dmed%2Edk%2F%3Fp%3D1277&feature=player_embedded
EXCELLENT EU REVIEW - WORLD REGIONS,GLOBAL CURRENCY
http://exposureroom.com/members/cybersilence.aspx/assets/d37a8ebc60694cc98173b8f32cfe898d/
EU-NEW SOVIET UNION
http://www.youtube.com/watch?v=bM2Ql3wOGcU&feature=player_embedded
http://www.youtube.com/watch?v=l6Cj1b-rp1E&feature=player_embedded
WORLD GOVERNMENT UNDER TREATYS-INTERNATIONAL LAW
http://en.wikipedia.org/wiki/World_government
TRANSATLANTIC POLICY
http://www.tpnonline.org/
EU COUNCIL
http://video.consilium.europa.eu/index.php?pl=3&sessionno=2579&lang=EN

JOAN VEON ON TAMAR YONAH 2008 (WORLD GOVERNMENT)
http://britanniaradio.blogspot.com/2009/07/we-are-already-under-global-government.html#links
GEORGE HUNT-WORLD BANK ,RELIGION&RULERS
http://www.youtube.com/watch?v=8OvpjRglW9U&feature=related
http://www.youtube.com/watch?v=lFnxNowaaIU&feature=related
http://www.youtube.com/watch?v=584x0zkmHgw&feature=related
http://www.youtube.com/watch?v=zsZvQcZ9Mu4&feature=related
http://www.youtube.com/watch?v=hGl3DHrVMFY&feature=related
http://www.youtube.com/watch?v=Kg90X7OkEsU&feature=related
INSIDE VIEW OF INTERNATIONAL BANKERS
http://vids.myspace.com/index.cfm?fuseaction=vids.individual&videoid=36666041
UNDERSTANDING WORLD GOVERNMENT
http://www.womensgroup.org/
http://video.google.com/videoplay?docid=504526035342184251
BANK OF INTERNATIONAL SETTLEMENT PRESS
http://www.bis.org/events/agm2009/pcvideo.htm
HISTORY OF WAR AND THE FEDERAL RESERVE
http://video.google.com/videoplay?docid=1874212534444628577&hl=en

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).

EUROPEAN MONETARY FUND.

NEW RESCUE FUND FOR THE EUROZONE BEING CONSIDERED BY THE EU COMMISSION MODELLED ON THE IMF TO PREVENT FUTURE CRISIS.

A European monetary fund?
February 8, 2010 3:00pmby Ralph Atkins

If nothing else, a positive aspect of Greece’s plight has been the wave of ideas on how the eurozone could operate more effectively in the future.A big shortcoming identified by many has been the lack of proper crisis management procedures, which have arguably exacerbated Greece’s difficulties. Now - just in time for the EU leaders’ summit in Brussels this week - comes an ingenious solution for a European Monetary Fund, put forward by Daniel Gros, director of the Brussels-based Centre for European Policy Studies, and Thomas Mayer, chief economist at Deutsche Bank.Their idea is for a sort of eurozone version of the International Monetary Fund, which could provide emergency loans to struggling countries or ensure a default was orderly, with minimum effect for other eurozone countries. It would be funded by contributions from countries in the weakest financial position, calculated according to how grievous was their abuse of the EU’s fiscal rules as set out in its stability and growth pact.

An attraction of the proposal is that it provides a neat answer to the IMF or EU? question. While the IMF has lots of experience in rescuing countries, its deployment to help a eurozone country such as Greece would worry those who thought the eurozone should sort out its own problems (Washington: butt out). But the European Commission, the EU’s executive arm, is ill-equipped for such a task.Gros and Mayer add that a European Monetary Fund would protect the interests of countries such as Germany, which currently face a lose-lose situation. If Greece goes under, either they help pay the cost of a bail-out, or they allow a collapse - and their banking system bears the brunt of the impact.Another alluring feature of their plan - which could appeal to the European Central Bank - is that by allowing the orderly bankruptcy of a eurozone country, it minimises the problems of moral hazard (by which Greece is encouraged to act recklessly because it knows there will be an eventual bail-out). As the authors conclude: We should by now have learned that policy should not be geared towards preventing failure, but preparing for it.February 8, 2010 3:00pm in Europe,F-TIMES.

A European Monetary Fund? MAR 8,10

The recent downgrade to Ireland’s sovereign credit rating by Standard and Poor’s, the second in three months, together with the prospect of a joint devaluation and eurozone entry plan for Latvia, are renewing speculation over the need for an eventual internal eurozone bailout, so as to prevent countries from defaulting on their debt.The implementation of such a policy would be a giant step towards greater economic coordination within the eurozone. Though Article 103 of the Maastricht Treaty – the famous no bailout clause – explicitly rules out the possibility of one member state assuming the debts of another, it is directly contradicted by the less widely noted Article 100, which allows financial assistance to be given to countries experiencing difficulties caused by natural disasters or exceptional occurrences beyond its control. There is therefore a legal backdoor to facilitate bailouts should they become unavoidable.Legal qualms out of the way, the question is how any bailout would be delivered. The first possibility would be for a one-off rescue package, supported by a consortium of large member states led by Germany, possibly conjoint with an IMF package which would specify tough conditionality for the recipient country. This option would essentially be little more than a bolstered IMF bailout, with the Fund acting as a fig-leaf to hide the political and financial involvement of one state (Germany) in the macroeconomic management of another (Ireland or Greece). There are advantages to such a ruse (more below).

A second, superficially more satisfying option would be to acknowledge the eurozone bailout for what it is, namely an internal eurozone bailout, and institutionalise it through new or existing EU institutions. The eurozone could have its own internal monetary fund – a form of EMF – either acting as an independent institution, or attached to the European Central Bank in Frankfurt. In a similar fashion to the International Monetary Fund, the European fund would concentrate economic decision-making power to its larger, more solvent members over its weaker, less solvent states. A series of EMF interventions would give the EMF board, dominated by Germany and France, the ability to tailor the domestic policies of member states. In anticipation of such a power, German officials have already hinted that they may force Ireland to raise its rates of corporation tax – a longstanding gripe in Berlin.
Finally, a yet third option would be for emergency financial support to be made available for EU member states, but without the imposition of punitive structural adjustment packages by one member state upon another. The only way in which this could become feasible were if there were a single, centralised mechanism for raising funds and delivering spending within the EU. A recent proposal to this effect is for the creation of a eurozone bond market, the money from which could be used to support interventions in weaker eurozone states. Receipt of funds would probably still entail some conditionality, and could still be combined with member-state financed bailout packages. But essentially the proposal will entail an implicit transfer from the creditor states, such as Germany and the Netherlands, who could have issued (and will continue to issue) national bonds at lower rates, and a cheap source of debt for countries such as Ireland or Greece, who cannot.Which of these avenues is preferable? I am tempted to say: either the first or the third, but most assuredly not the second.The second option, creation of a European Monetary Fund, would be a further writedown to the bankrupt reputation of the EU. For European politicians cannot have failed to notice that the International Monetary Fund is hugely unpopular, blamed by the countries it supports for forcing them to implement the fiscal austerity that previous profligacy has made necessary. I shudder to think that we would now replicate this experience at the European level, with Irish and Greek politicians denouncing European officials for every spending freeze.The first option, while disappointing for supporters of European integration, at least has the advantage of allowing Irish or Greek politicians to blame the unpopular measures on the hapless International Monetary Fund, while in reality European finance ministries, led from Berlin, will provide both the emergency funds and (more importantly) write the terms of the structural adjustment package. After all, when the average Irish voter thinks of the IMF, they will think of Washington; they will not think of its President as a former European finance minister, and they will not think that the staff who wrote their adjustment package were seconded from the Bundesbank. Then let them think that, while the true power remains in Europe. Invisible power, after all, is power of the best kind.Yet the most sustainable choice for eurozone in the long run is the third option: to give the Union the ability to create debt, and therefore rescue itself from the vicissitudes of the business cycle – as well as the perceived arbitrariness of the Growth and Stability Pact. That pact binds all states to a minimum 3 per cent deficit regardless of circumstances, and such conditions clearly cannot be fulfilled today by countries such as Ireland. Yet for reasons of political realpolitik, a eurozone bond market is a hugely ambitious undertaking, and it will be critical that the scheme is designed well. In particular, a danger is that if a European financial authority is to disburse the funds – in effect creating a genuine eurozone ‘government’ within the architecture of the European Union – then moral hazard must be avoided by giving power over spending to the most fiscally solvent states, who are implicitly financing the single bond market. Having been given access to a cheaper means of raising credit, the main beneficiaries must not be allowed to transfer their fiscal recklessness to the Union as a whole.

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
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.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS MON MAR 08,2009

09:30 AM +1.55
10:00 AM -7.79
10:30 AM +3.93
11:00 AM +6.50
11:30 AM -17.79
12:00 PM -17.54
12:30 PM -10.96
01:00 PM -13.98
01:30 PM -2.12
02:00 PM +0.75
02:30 PM -5.07
03:00 PM -6.73
03:30 PM -6.05
04:00 PM -13.68 10,552.52

S&P 500 1138.50 -0.20

NASDAQ 2332.21 +5.86

GOLD 1,121.70 -13.50

OIL 81.85 +0.35

TSE 300 11,963.80 -11.30

CDNX 1561.93 +4.00

S&P/TSX/60 702.60 -0.12

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +18 points at 4 minutes of trading today.
Dow -21 points at low today.
Dow +24 points at high today so far.
GOLD opens at $1,136.00.OIL opens at $82.21 today.

AFTERNOON,NEWS,STATS
Dow -21 points at low today so far.
Dow +24 points at high today so far.

WRAPUP,NEWS,STATS
Dow -21 points at low today.
Dow +24 points at high today.

THE IMF BANK OF THE WORLD WANTS TO MAKE MONEY FROM THE CLIMATE CHANGE SCAM.

IMF floats climate change fund idea
(UKPA) – MAR 8,10

Global financier the International Monetary Fund has switched its attention to the environment with a plan for the world's governments to pool together to raise money needed to adapt to climate change.IMF managing director Dominique Strauss-Kahn said the fund was worried about the huge amount of money needed and the effect that will have on the global economy.He added that the proposal may help efforts to reach a binding agreement on climate change later this year.Mr Strauss-Kahn proposed that countries adopt a quota system similar to the one it uses to raise its own money, which could bring in money faster than proposals to increase carbon taxes or other fundraising methods.He only provided a broad outline of the plan, as the organisation will release a paper later this week with full details.The IMF raises funds from its 185 members mainly through a quota system that is based broadly on each country's economic size. The United States is currently the largest shareholder.

We all know that (carbon taxes and other fundraising methods) will take time and we don't have this time. So we need something which looks like an interim solution, which will bridge the gap between now and the time when those carbon taxes will be big enough to solve the problem, Mr Strauss-Kahn said. And that is exactly what the IMF proposal is dealing with.He said a climate change accord reached last December estimated 100 billion dollars a year will be needed by 2020 to fund programmes, including those to help poor nations deal with droughts, flooding and food shortages expected to be caused by climate change.Nations failed to reach a binding deal in Copenhagen in December, but agreed on a voluntary plan to control greenhouse gas emissions which are blamed for the gradual heating of the Earth that scientists predict will worsen weather-related disasters.The accord, however, included collective commitments by rich countries to provide billions of dollars to help poor countries adapt to climate change, a major demand the poor nations had made.2010 The Press Association.