“And in the Time of the End…A Pushing”
Posted by watchman in Uncategorized on April 12th, 2009
“The time of the end” begins the climacteric phase of the long-running rivalry between the king of the north and king of the south, which ultimately leads to Michael the archangel standing up to annihilate the last king. Although the king of the south is destined to initiate the pushing against his imperial nemesis, it is the king of the north who responds with overwhelming force. The angel relates the details of the conclusive clash:
“And in the time of the end the king of the south will engage with him in a pushing, and against him the king of the north will storm with chariots and with horsemen and with many ships; and he will certainly enter into the lands and flood over and pass through. He will also actually enter into the land of the Decoration, and there will be many lands that will be made to stumble. But these are the ones that will escape out of his hand, Edom and Moab and the main part of the sons of Ammon. And he will keep thrusting out his hand against the lands; and as regards the land of Egypt, she will not prove to be an escapee. And he will actually rule over the hidden treasures of the gold and the silver and over all the desirable things of Egypt. And the Libyans and the Ethiopians will be at his steps.”
It is noteworthy that the English phrase “the time of the end” appears in the Greek Septuagint translation of Daniel as the word “synteleia.” However, in the actual Greek Scriptures “synteleia” is translated into English as “the conclusion of a system of things.” This indicates that the phrases “the time of the end” and “conclusion of a system” are synonymous. It may rightly be concluded, then, that the harvest is accomplished concurrent with the concluding phase of the rivalry between the two kings. It would appear that the variously described whirlwind and storm-like invasion of the king of the north is the tempest of Jehovah.
Though initiated by the “pushing” of the king of the south, the most significant feature of the end-times conflict between the two kings is that the king of the north ultimately overwhelms and subjugates his rival. It would appear that his domination will be total—global. That is why it is a single king—the king of the north—who comes all the way to his end with no helper. That crucial fact has so far been lost upon the Sibyls of Bethel. Yet the prophecy is in harmony with the totality of God’s prophetic word, which reveals a solitary king will appear on the scene during the final period.
Noteworthy, too, both the NWT and the KJV use the term “pushing.” A push or a shove between two belligerents is not intended as an all-out knockout blow. What may be involved in the “pushing” between the two kings during the time of the end?
The expression “the time of the end” may well be an appropriate way to describe the world at this present moment from the standpoint that a system is ending. No, not the entire wicked system, not yet anyway, but certainly it is no exaggeration to say that the global financial system has recently entered into what some might describe as a terminal phase. The Wall Street financial arrangement, which is really just an extension of London’s empire of the financiers, is imperial by design. Particularly is that the case with the exotic new financial schemes of more recent years. As has been demonstrated, the financiers have the power to loot and plunder the world and bring the nations to their knees. The only entities powerful enough to prevent it are the national governments; but lawmakers and watchdogs have been seduced and corrupted by the cunning money powers.
To illustrate the point, in the past decade laws and regulatory systems that were intended to dampen rampant speculation have been weakened. For example, during the Great Depression Roosevelt signed into law the so-called Glass-Steagall Act, which outlawed commercial and investment banking under the same roof. The intent of the law was to protect bank depositors and investors from losses incurred by speculative bankers. However, Glass-Steagall was repealed in 1999 due to the illegal merger of Travelers Insurance and Citibank. Many observers now point to the repeal of Glass-Steagall as one of the major reasons for the ongoing financial meltdown, which to date has seen the evaporation of over $50 trillion from equities values worldwide, largely due to the derivatives losses of the giant banking houses and their subsidiary hedge funds.
As another example of the paralysis of governmental agencies, in recent months two well respected Wall Street men have been exposed as operating massive Ponzi schemes that were also used as drug money laundering conduits and which ultimately bilked tens of billions from trusting individuals and institutions. In both cases regulators at the SEC were aware of suspicious activities but did nothing to protect investors.
Now, though, a new American administration is reversing years of deregulation and even making tentative moves to crack down on the Empire’s flourishing dope business. And not only that, but as reported by the British press recently, London is horrified that the Obama administration may not continue the Anglo-American “Special Relationship.” This startling development gives rise to the question—has the prophesied “pushing” begun? All this comes at a time when world leaders are faced with setting up a new global financial and monetary structure to replace the collapsing present system.
That such discussions are now taking place, in a recent speech before gathered Asian financial ministers, the former head of the IMF, Michael Camdessus, called upon Asia to become the new money center of what Camdessus called a “new world order.” There are also serious discussions to replace the U.S. Dollar as the world’s reserve currency with a currency issued by the United Nations.
The question that remains unanswered is who will control the new financial system? Will individual nations be allowed to reassert their sovereignty over their currencies and domestic economies, or will private financial interests continue to dominate? Those are the crucial questions with which the world is now faced. And the urgency of the crisis requires immediate answers to those questions. One thing seems fairly certain, though, any move by the American government to push the financiers into the background will be met with a storm of ferocity. The Empire now stands poised to unleash a wave of assassinations, terrorism, anarchy and world war in order to destroy the nation-state system for good. 
This article is an excerpt from the forthcoming second edition of Jehovah Himself Has Become King
Breakdown of the SEC – Time Magazine online
Britain’s Dope Inc – EIR
Special Relationship a Joke – Telegraph.co.uk
New World Order – Business World
Big push for global reserve currency – China Daily
Triple Curve Collapse Function
Posted by watchman in Uncategorized on December 30th, 2008
It is customary at the end of the calendar year to review the outstanding events that have taken place and make projections and even predictions regarding the coming year. So, this is my obligatory year-end blog entry.
Without a doubt, the big event of 2008 was the collapse of Wall Street.
Gone are the venerable investment banks of Bear Stearns, Lehman Brothers and Merrill Lynch. They, along with a few dozen trillion dollars of investment capital, were simply wiped out by the leading edge of the financial Tsunami that is now sweeping the planet. Thousands of other financial institutions stand at the brink.
To understand what has happened and what 2009 will likely bring it is time to revisit LaRouche’s so-called triple curve collapse function diagram. The triple curve was first published in 1996, or thereabouts, right about the time the derivatives market was taking over the financial system.
The vertically ascending red line represents the financial claims in the form of stocks, bonds MBS’s, CDO’s, CDS’s and dozens of other forms of debt, and layer upon layer of exotic derivatives on top of that; and the second ascending line (yellow) represents monetary emissions to facilitate the payment of debt. The descending blue line represents the physical economy. And the straight, horizontal line represents time.
As the diagram projects, the trajectory of all three curved lines steepen as time progresses, eventuating into the financial and monetary lines going vertically upwards and the productive economy going in the opposite direction. This is exactly what is now occurring. The financial system and the real economy are coming completely uncoupled.
The crisis that suddenly erupted over the summer was due to the fact that the debt imposed upon the underlying economy could no longer sustain the financial bubble and it began to violently contract. But in order to prevent the global casino from imploding a coordinated campaign by central banks and governments around the world began pumping trillions upon trillions of dollars (and whatever else) into the system. While this has temporarily prevented the financial bubble from completely collapsing it has had no effect upon the underlying economy. In fact, the diversion of money from the economy into the credit bubble has greatly accelerated the collapse of the real economy.
What will the new year bring?
Because the underlying economy has now gone into freefall it has caused deflation, at least temporarily. But with the central bankers and treasuries committed to the creation of unlimited amounts of liquidity to prevent the derivatives bubble from deflating too, a hyperinflationary firestorm is sure to result as the monetary line goes vertical. (Video)
What is occurring is simply the disintegration of the entire global financial system. And as the crisis progresses the coming year will undoubtedly bring with it a great destabilization of civilization itself.
Right on cue, with the new American president coming into office in a few weeks, numerous hotspots around the world are erupting – the most ominous being the massing of troops on both sides of the borders of nuclear-armed India and Pakistan. The consequences of a nuclear war between the two nations would be a global catastrophe.
Knowing the present system is finished, the imperial powers-that-be want to ensure that the new president is overwhelmed by war and chaos and that he does not put a stop to the destruction of the U.S. dollar.
The collapse of the Anglo-American system is prophesied to occur as a prelude to the arrival of the eighth king of Revelation. All indications are that that earth-shaking crash is now imminent.
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Financial Collapse and World Government
Posted by watchman in Uncategorized on December 11th, 2008
Now that the financial collapse has gotten most people’s attention, it is time to consider the broader implications of the ongoing crash.
Although some people may still be inclined to think in terms of a mere recession or a cyclical economic downturn, more and more persons are thinking in terms of the severity of the Great Depression. But even that comparison may not convey the true nature of the crisis confronting the world at this moment in history.
As an indication of the gravity of the crisis, Gordon Brown, prime minister of Great Britain, recently boasted that the scheme he has promoted and implemented has saved the world, or at least saved the world’s banking system. Although his remark was met with jeers and howls of ridicule by his political opponents, the mere fact that leading men of government would speak in terms of saving the world from a catastrophic collapse of the entire global financial system of things is significant in itself. After all, why would the world be imperiled by a mere economic recession?
But while politicians may boast of having saved the world from chaos, the truth is the financial collapse has only temporarily been staved off through the most extraordinary measures of intervention. Sober minds realize that the crisis management up to this point has only been a stopgap measure. The underlying structural issues that created the crash remain unresolved.
The real issue that is predominately occupying the leaders of the world has to do with determining what type of system is going to replace the present failed financial system. And what is becoming increasingly clear is that the financial crisis is being used as a pretext for implementing world government. (Interesting editorial in The Financial Times - unfortunately now archived for subscribers only– Click here for alternative article in New American)
As an example of how the financial crisis is leading to a push for global governance, here is a quote from the Inter-Press News Service: “U.N. economists see the crisis as an opportunity to create a new international financial architecture that will make for more inclusive participation of developing countries.”
Although society as a whole has been conditioned to recoil at the mere suggestion of the existence of any sort of conspiracy to destroy the nation-state system and establish a sovereign world government, the fact is, a form of supranational government has been a reality for many decades.
The British Empire of the Victorian era aspired to be a world government and at one time London controlled fully one quarter of the Earth’s surface and population – no small feat for the comparatively tiny island kingdom. But as the United States began to emerge as the leading world power at the close of the 19th century the Lords of London realized that the days of their formal colonial empire were numbered. At that time a scheme was hatched, which was later called the open conspiracy, with the intent of subverting and ultimately destroying the United States of America and the entire nation-state system and implementing a non-democratic world government. (See essays The King of the North Conspires for World Domination and The Dawning of a New World Order)
At the conclusion of the First World War the first definitive step was taken toward establishing world government. Under the guise of preventing war the first international body was formed called the League of Nations. But much to the chagrin if its promoters the United States Senate refused join the League and it went out of existence at the outbreak of the Second World War.
But then the United Nations emerged from WWII and was positioned to save the world from nuclear annihilation during the Cold War. Along with the UN, super-national banks were also established. The World Bank and the International Monetary Fund (IMF) were created at the same time the UN came on the scene. These two agencies have served as the means to impoverish and crush developing nations and prevent them from developing along the lines of the American model.
Then in 1973 President Nixon abandoned the Breton Woods fixed rate exchange system that was set up in the aftermath of the Second World War. As a result of that the value of the US dollar came under the control of private financial interests and was no longer exclusively controlled by the government of its issuance.
Now after 35 years of the floating exchange rate system and the development of the computer-driven Forex and derivatives markets, that system has reached its end and is in the final stages of disintegration. The issues that are now most prominent before the leaders of this world concern the type of financial and economic systems that will be put in place.
Just as the league of Nations came into existence in the aftermath of the catastrophe known as World War I and the cause of world government was also advanced in the wake of the calamity of World War II, so it is that the present international financial crisis, along with the exaggerated threats of environmental collapse and global terrorism, are being used as a pretext for a renewed push for global governance. All that remains is for the United States to be taken down.
To that end, since the collapse of the Wall Street investment bank model last summer the central bank of the United States and the US Treasury have foolishly committed the resources of entire nation, even the resources of yet-unborn generations, pledging trillions to bailing out the bankers’ blown out, quadrillion dollar derivatives bubble. But flooding the world with trillions of dollars may forestall the derivatives collapse but it will sooner or later, inevitably, ignite a hyperinflationary firestorm, destroying the dollar and relegating the United States to the status of the Third World nation.
Apparently that is the intention of the one-worlders.
While the incoming Barak Obama administration has adopted the slogan of “yes we can,” the veiled warnings coming from London are ‘don’t even think about it.’ That is, don’t think about protectionism. But in view of the undeniable fact that the banker’s imploding financial bubble has brought the world to the brink of catastrophe, would it not be prudent and moral for the nations to take steps to protect themselves from the rapaciousness of the financiers, which some identify as the Illuminati?
But the predicament is, any move of the new American administration, no matter how tentative, towards an FDR-type response to the financial crisis involving any sort of protectionist measures or regulation of the financiers will provoke a violent reaction. As it stands presently the Lords of London have already unleashed the dogs of war and are deploying their terrorist cells and activating anarchist assets in numerous countries around the world in order to create failed states, destabilization, chaos, political paralysis and war; inflaming the so-called arc of crisis, in order to break up any tendency towards a collaboration of nations to neutralize the power of the financier oligarchy.
We may expect more of the same with increasing intensity in the coming year. At this critical stage anything is possible. Conditions are such that the assassination of President Obama is a distinct possibility. Or a terrorist attack using weapons of mass destruction is considered a likely possibility within the next five years, perhaps much sooner - depending on Jehovah’s timetable.
As the apostle Paul once wrote, “The scene of this world is changing.” How true that is! As men desperately try to patch up a doomed and dying system, the greatest changes lay just ahead; changes that will terrify people; changes that will force a reluctant world to face the paramount issue of whether to continue to support human schemes of rulership or accept the incoming kingdom of Jehovah’s Christ. The hour of the decision is rapidly approaching.
STORM WARNING!
Posted by watchman in Uncategorized on November 23rd, 2008
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In the wake of Bear Stearns collapse in the spring of 2008, even as recently as last summer, politicians, market gurus and the corporate media were still insisting that the economy was in good shape and that there would be no recession. Now, just a few short months later, it is being called the worst economic crisis since the Great Depression of the 1930’s - some say worse.
Indeed, just as in October of 1929, the world’s equity markets are crashing with ferocity - some companies having already lost as much as half of their market capitalization just since September.
Commodity prices that were soaring to record highs a few weeks ago are crashing back to earth with a jolt, as hedge funds hit with margin calls and redemptions are rapidly unwinding their massive bets on life’s necessities.
Meanwhile, the U.S. is intent on flooding the world with more dollars and has already committed the American taxpayer to provide over seven-trillion dollars to bailout the bankrupt banking system, as some of the world’s largest banks are teetering on the verge of collapse and global trade is grinding to a standstill, with unshipped containers piling up on docks.
The dreaded deflationary spiral is gaining momentum.
Entire industries such as ship building, steel production and autos, are being shut down.
Unemployment is on the rise. Millions of homeowners have either already lost their homes or are facing foreclosure. Individuals, companies, municipalities, states and entire nations are sinking deeper and deeper into a quicksand of debt.
But this is not a recession. It is not merely a bear market. It is not a cyclical downturn. It is not a “credit crunch” or a sub-prime mortgage crisis or even a depression. What is happening is that the financial system that has increasingly come to dominate the world in recent decades through the issuance of unlimited credit, along with hundreds of trillions of dollars of gambling bets known as derivatives, has now blown out and is disintegrating; the so-called post Bretton Woods floating exchange system is coming apart and threatening to drag the nations of the world down into an abyss of immiseration.
But that in itself is not the problem. As Lyndon LaRouche has repeatedly pointed out, there is a solution to the present crisis. The great danger that is now ominously looming like a gathering tempest, is that the London-based, fascist-oriented, private money interests that formerly used the British Empire as a vehicle for world domination, and which presently own the now-collapsing financial empire, will use their considerable powers to throw the world into chaos and war for the purpose of preventing national governments from mustering the will to unitedly act against the empire of the financiers.
The world has now reached the crucial juncture where two inimical systems of empire and nations-states can no longer coexist. One system must go. Either the nation-states abdicate their authority to the bankers to remake the world as they see fit, or the governments must act in concert to set up a new system which they will regulate for the benefit of the peoples of the nations. The empire and the republic are now locked in a winner-takes-all struggle.The storm is upon us. The coming months will determine the fate of the world. (EIR)
How will it turn out?
Bible prophecy points to the overthrow of the present ordering of nations and the ushering in of a tyrannical world government. The tumult of that overthrow will initiate the “tempest of Jehovah,” as it is called in Jeremiah. The present financial gales buffeting the nations are undoubtedly the outer squall bands of the onrushing tempest of Jehovah.
(”The Tempest” is the title of a new chapter in the forthcoming 2nd edition of Jehovah Himself Has Become King, available by 2009.)
Global Financial Smackdown
Posted by watchman in Uncategorized on October 12th, 2008
As the ongoing financial turmoil takes on the proportions of an uncontrollable, raging inferno – consuming the world’s wealth at an astonishing rate – it is becoming more apparent by the day that it is not just an economic collapse. The present crisis engulfing the nations is a growing political and social crisis as well, with the potential to destroy the entire capitalist/democratic system and plunge society into anarchy and ultimately tyranny.
This past Saturday the Bush administration held yet another weekend emergency meeting, this time with the so-called G-7 leaders, who were summoned to The White House to try to come up with a coordinated plan to extinguish the global financial conflagration. President Bush assured the world that we will make it through the crisis together. However, it is hard to imagine a less credible figure than the current president of the United States, who up until as recently as a few weeks ago insisted that the economy was fine.
Sunday European leaders of the G-20 also convened an emergency meeting in Paris to try to come up with a coordinated plan to contain the firestorm they have created.
The head of the IMF was less optimistic than Bush in his assessment of the situation. He bluntly warned the G-7 that “the world is on the brink of a financial meltdown.” The IMF chief also warned that markets could plunge another 20% over the next few days, which would mean another 2 trillion dollars of market capitalization would evaporate.
This year U.S. stocks alone have lost over $8 trillion. This past week already saw the biggest drop in the equity markets since the stock market crash of 1929 triggered a world depression. At one point during the frenzied selling orgy this past week 250 million pounds a second were being wiped off the books of Britain’s leading blue-chip companies. Russia, Ukraine, Iceland and Indonesia simply shut down their market exchanges to prevent the global panic from ravaging stock evaluations. Even the Russian oligarchs are being scorched by the meltdown.
While naive investors are being lured into looking for “bargains” amidst the carnage and global leaders debate how many more hundreds of billions of dollars it will take to extinguish the financial firestorm, the real problem, which is never even publicly mentioned among the world’s leaders, is the hyperbolic growth of financial derivatives. The quadrillion dollar derivatives market has been described as a “powder keg waiting to blow,” which will simply obliterate the Anglo-American political and economic system.
While politicians and bankers refuse to mention the “D” word, the mainstream press has just recently began to inform their readers about derivatives, particularly the derivatives known as credit default swaps. (Guardian and The Independent)
This past week LaRouche called for an immediate freeze on all financial derivatives in order to save civilization. But it is highly doubtful that world leaders will find the courage to take on the mafia-like financial oligarchy, who are inducing the foolish financial ministers to commit their national treasuries to bailout the bottomless pit of derivatives. As a result of the US and UK attempting to bailout the derivatives market they have set up a situation whereby we may expect the bond market to collapse in the near term, including US treasury debt.
There is no question but that derivatives are intended to destroy the system. No one will admit it, having been conditioned by years of political correctness to reflexively dismiss any suggestion that there just may be conspiratorial powers at work, but the reality is that the intent of the feudalistic-oriented financier oligarchy is to destroy the present nation-state system once and for all - which, is the stuff of prophecy. (For example, see essay King of Fierce Countenance)
In a sign of the austerity to come, while the UK is committed to pumping a half trillion pounds into the derivatives black hole undertakers in the UK are refusing to bury the dead because the government is delaying in reimbursing funeral directors.
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(Edited Monday, October 13th)