Revising the World Financial System
Note: these PROPHETIC NOTES are an adjunct to the EXEGETICAL STUDIES in prophecy. They illustrate the correctness and fulfillment of the prophecies when rightly understood. We point out that many TRADITIONAL positions, believed to be correct, are often found to be only partially correct or completely incorrect.
This first section is comparatively unimportant, and can be skipped. The next section, “The Papacy on the World Financial Structure” is extremely important. Vast developments are occurring that the corporate-owned media are not going to report. These developments are leading to the completion of earth's history in short order.
There is absolutely NO prophetic significance to the retirement of the current pope. NONE WHATEVER. The current situation in the Catholic Church IS very clearly a fulfillment of a PROPHECY WE MADE BEGINNING A DECADE AGO that the Roman Church would come under severe judgment before the end of the age.
Few realize (given the nonsense of the news media) what the issues have been that prompted the German cardinal who headed the "Holy Office" (the modern inquisition) Josef Ratzinger to accept the papacy as Benedict XVI and then resign from it. Here are some things you should know in this non-prophetic event:
It is true that a former pope resigned the papacy six hundred years ago, but for completely different reasons. The 70-year 'Babylonian Captivity" of the papacy, with a rival papacy ruling from Avignon, France, was a black mark on the papacy. To resolve the situation, the "legitimate"pope in Rome and the "antipope" John XXIII, agreed to both resign at the same moment, clearing the way for a united election of a single pope.
That is why the "legitimate" Pope Gregory XII resigned at the same time as John XXIII. All Avignon popes were to be viewed as "antipopes" (both in the sense of being against their Roman rivals and also in the sense that they had tried to rule "in place of/instead of" the legitimate popes. As you can see, this means that the 1415 resignation of pope and antipope to resolve the long schism came for completely different reasons. The resignation of a legitimate pope in modern times was heretofore an unthinkable move.
Only one of over 30 popes who had been exiled, the death of Pius VI was followed thereafter by the election of Pius VII, theoretically a candidate and dupe of the French. Once Napoleon succeeded the Directorate and Pius VII became pope, things changed completely and immediately. The argument over who would appoint priests and bishops in France, and whether the Roman Church would be completely independent of the state in France was won entirely and completely by the papacy.
So successful was Pius VII that he re-won temporal rights in all Protestant lands for the papacy. The first several diocese of the United States were set up by him, and the growth of the great Catholic institutions in America began immediately. Kings and princes, including Protestant ones, came to fete the brave pope in Rome. The popes continued to rule as temporal rulers over most of Italy (the papal states) until they voluntarily ceded them to Garibaldi in 1870.
In fact, it was an independent political state, and owed no allegiance to Italy or its government. In a huff, the popes of this period proclaimed themselves "prisoners of the Vatican" to imply that the Italian government had imprisoned them and we being grossly unfair. After some decades, the new premier, Mussolini, who had worked on ths problem since his youth, agreed to a huge new monetary indemnity and agreed that Vatican City was an independent state, always had been, and had never been subject to Italy, or part of Italy, from the moment Pius IX ceded the papal states and his armies to Italy.
Alright, with that background, let's return to Benedict XVI. As Cardinal Josef Ratzinger he headed the Holy Office and persuaded his mentor John Paul II to place sexual abuse cases under his jurisdiction in the Holy Office. Ratzinger found the problem to be far, far worse than he imagined, and he did everything in his power to alter the practice of ignoring sexual abuse and transferring priests and bishops known to be pedophiles from one diocese to another, thus spreading the contagion and destruction of human lives and faith in Christ across the Catholic world.
In doing this, Josef Ratzinger seemed to have had something of a conversion. It happened that the explosion of sexual abuse cases in the United States a decade ago was only "the beginning of sorrows" as we said at the time. Cardinal Ratzinger's inquisition only uncovered much more of "a mess" in the European church. Right now the press in Europe is in full cry after the Roman Church over these sexual and other scandals.
In fact, alas for him, the ex-pope's papacy was filled with one long list of scandals. It seemed to worsen the more he directed Vatican efforts to solve the various scandals. Even he was punked, his butler stealing his personal letters and diaries, exposing his most private thoughts and attempts to solve various scandals and problems with church officials. It was a terrific embarrassment.
Ratzinger had been the previous pope's right-hand man, but John-Paul II had other advisors who convinced him to reign in Ratzinger on the sexual abuses issue, lest he bring great embarrassment on the church. Having uncovered the magnitude of the problem, Ratzinger was unable to address it. By the time he became pope the crisis was already public.
While he seemed personally to have undergone a kind of conversion on this issue, yet another potential for scandal arose: research suggested that Ratzinger himself, as a bishop and cardinal, had engaged in the same kind of pedophile roulette as other church officials, shifting known pedophiles from diocese to diocese just ahead of the law to protect the hierarchy but not the children of the church.
Some recent detractors even suggested, on the basis of past actions, that the pope himself be arrested for allowing child abuse, just as many other members of the hierarchy have been charged. The looming problem of Benedict's involvement in pedophile-shifting was very real. As one could expect, all this pressure on an old man who was already ill when he was elected took a terrific toll.
As the Dean of the College of Cardinals, and John-Paul's closest associate, he watched as the final years of John-Paul's infirmity of body (and eventually mind) took a toll on that pope's legacy, as he became at times non-functional. All these things doubtless weighed heavily on Benedict, a careful thinker and lifelong academic. He took a surprising action, one that has made him immediately more popular. He suddenly announced an impending resignation.
However, he has also safeguarded his role, retaining the title "pope emeritus" and "holiness" and continuing to dress in the papal white. He will live in the Vatican; all these things guarantee that he will be consulted while he lives. In a sense he has the best of being pope without the unpleasant aspects.
Now let us turn from the largely irrelevant issues we have been discussing (other than that our prophecy that the Roman Church was soon to come under judgment) to one of the most significant parts of Benedict's papacy, and his final initiative to push globalism, the world financial structure, and the Roman Church's influence over both.
It should be understood that the papacy has always, from its earliest formation, been on the side of earthly power and wealth. The criticism of the bishops of Rome and "the simony of Peter" in the very earliest centuries shows how true this is. The pope is always an honored member of the Bilderberger Group, and it would be almost impossible for a European politician to survive for long if taking a open opposition position to that expressed by the Vatican.
The Papacy on the World Financial Structure
A few months ago we sent out ... an important issue, tracing the words of successive popes in their encyclicals, those circular letters to be sent to all churches, when the pope is speaking in his role as "INFALLIBLE".
We noted in the successive encyclicals of modern popes that these successive writings, so consistent in themselves, do NOT portray the papacy as ruling in the coming world-state, but acting as its "conscience". More on this presently.
Now, just before his departure, Benedict had the previous study of the Roman Church's role in the New World Order reissued with minor variations in wording. What is most interesting here is that the call for a global financial structure and a truly global authority over the world's finances does not come directly from the pope, but through a Vatican think-tank.
This is what is called "plausible deniability," by making it possible to say it wasn't the thinking of the pope himself. But make no mistake, Benedict, a longtime academic and careful thinker, was behind every word. It will be helpful then to examine this document, noting a few of its major points.
First, for the benefit of new readers, let's remind ourselves of a few basics of the current world financial structure. As almost everyone by now should know, the Founders of the American Republic forbade a few things that they had seen already as disasters for a free people. For one thing they forbade a central bank that had control over the economy. And they forbade the printing of paper money, and insisted that money minted by the United States have intrinsic value, consisting of gold and silver coin.
The ink was barely dry on the parchment of the Constitution before the struggle began (by Alexander Hamilton, first) to create a private national bank that controlled the economy. Presidents from Washington to Jackson struggled over this issue, with Jackson succeeding in preventing the re-charter of the Second Bank of the United States. But virtually every president thereafter recognized the danger of the banking system controlling the state.
In 1913, while Congress was in recess, a cabal secretly passed two related bills: a bill establishing a personal income tax, and a bill establishing a privately-owned bank that would control the economy, the money supply and so forth, to be known as "The Federal Reserve Bank" even though it is privately owned.
Virtually every other advanced country had such private banks that controlled all other banks and the money supply of the various European nations. Even more interesting, these banks were all owners of each other, have large blocks of stock by which one bank could control the other, and so forth. This guaranteed that the central banks of the various European nation-states would act in concert.
As we said and most people who are thinking know, the Federal Reserve Bank is privately owned. The various banks the U.S. own stock in it, but the stock has no value. The preferred stock has REAL value, but since the Federal Reserve Bank (by law) cannot be audited, it has never been revealed exactly what families or entities "own" the Federal Reserve Bank that controls the economy.
(Since we know which politicians pushed the plan, we have a pretty good idea who some of the owners must be, though we will never be allowed to know for sure.)
Now we just said that these central banks, like the U.S. Federal Reserve Bank, are privately owned and own each other. That would seem to be enough to tie them together all by itself. But there is more. An old institution from early in the 20th century has been expanded and modified to the point where it acts as the CENTRAL BANK OF CENTRAL BANKS.
This institution, known as "The Bank for International Settlements" or BIS, is located in Switzerland. Every two months the officials of all the G20 central banks meet at the BIS to plan their concerted financial strategy. Few people begin to imagine how tightly-tied together the world's financial system is, or how very controlled it actually is.
The Bank for International Settlements
One of the current basics of modern international finance is that the currency used in international trade is the U.S. dollar; this was decided at Bretton Woods shortly after WWII. Now this dual-role of the American dollar as a coin of the United States and the stuff of international trade has resulted in the "Triffin Paradox," so named for the economist who first described it.
The more the U.S. strengthens its dollar, the cheaper imported goods are for its homeland population. On the other hand, the more the government deliberately weakens the dollar on international markets, the more expensive imports become, a kind of hidden tariff on imports.
The U.S. is doing that right now with the dollar to help weaken or perhaps collapse the Chinese economy, as China looms as the great economic and military rival of the coming decades.
The writer of this brief description has the BIS role exactly correct:
WHO CONTROLS THE MONEY? An Unelected, Unaccountable Central Bank Of The World Secretly Does
Posted date: February 10, 2013 In: Banking Cartel, Corporatism/Fascism,
“An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe. It is called the Bank for International Settlements, and it is the central bank of central banks.
“It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City. It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws. Even Wikipedia admits that “it is not accountable to any single national government.“
“The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system. Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.
“Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”. During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on. The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.
It would seem that the world's financial system is already so tightly controlled from above by the elite that no further action is needed. And yet the papacy has repeatedly called for a more tightly controlled world financial system, with a truly global authority. What is it that the papacy and the rest of the globalists are after?
Let us look now at what exactly the Vatican (read: the pope/papacy) wants to happen to the world financial system that is not already in place. We advise reading the whole document, but for the weaker, here are some important quotes:
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PONTIFICAL COUNCIL FOR JUSTICE AND PEACE
TOWARDS REFORMING
THE INTERNATIONAL FINANCIAL AND MONETARY SYSTEMS
IN THE CONTEXT OF GLOBAL PUBLIC AUTHORITY
http://www.vatican.va/roman_curia/pontifical_councils/justpeace/documents/rc_pc_justpeace_doc_20111024_nota_en.html"....Regulations and controls, imperfect though they may be, already often exist at the national and regional levels; whereas on the international level, it is hard to apply and consolidate such controls and rules....
"On the way to building a more fraternal and just human family and, even prior to that, a new humanism open to transcendence, Blessed John XXIII’s teaching seems especially timely. In the prophetic Encyclical Letter Pacem in Terris of 1963, he observed that the world was heading towards ever greater unification. He then acknowledged the lack of correspondence in the human community between political organization “on a world level and the objective needs of the universal common good”(11). He also expressed the hope that one day “a true world political authority”(12) would be created....
"Consistent with the spirit of Pacem in Terris, Benedict XVI himself expressed the need to create a world political authority.13 This seems obvious if we consider the fact that the agenda of questions to be dealt with globally is becoming ever longer.... In all these areas, the growing interdependence between States and regions of the world becomes more and more obvious as well as the need for answers that are not just sectorial and isolated, but systematic and integrated, rich in solidarity and subsidiarity and geared to the universal common good....
[As we have SO OFTEN said, the various crises described in Revelation 11, 12, 13, and 16 will be well beyond the ability of any one nation to deal with; hence the final formation of the world-state will be accomplished when these crises, now far advanced, reach their fullness.]
"With regard to the current global economic and financial systems, two decisive factors should be stressed. The first is the gradual decline in efficacy of the Bretton Woods institutions beginning in the early 1970s. In particular, the International Monetary Fund has lost an essential element for stabilizing world finance, that of regulating the overall money supply and vigilance over the amount of credit risk taken on by the system. That is, stabilizing the world monetary system is no longer a “universal public good” within its reach....
[Bretton Woods, NH is where the modern financial system was created after WWII, which made the U.S. dollar the international currency. The papacy is here saying this system must end and a national currency must be replaced by a universal global currency. The nature of that global currency will be explained below.
If there is anything that distinguishes the role of the antichrist in Revelation 13, it is exactly this kind of universal economic system, run by a super-national power, and run by the concepts of the Roman Church.
"Specific attention should be paid to the reform of the international monetary system and, in particular, the commitment to create some form of global monetary management, something that is already implicit in the Statutes of the International Monetary Fund....
"These measures ought to be conceived of as some of the first steps towards a public Authority with universal jurisdiction; as a first stage in a longer effort by the global community to steer its institutions towards achieving the common good....
"The time has come to conceive of institutions with universal competence, now that vital goods shared by the entire human family are at stake, goods which individual States cannot promote and protect by themselves....
"The birth of a new society and the building of new institutions with a universal vocation and competence are a prerogative and a duty for everyone, without distinction....
"In a world on its way to rapid globalization, orientation towards a world Authority becomes the only horizon compatible with the new realities of our time and the needs of humankind. However, it should not be forgotten that this development, given wounded human nature, will not come about without anguish and suffering.”
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Well, there it is. Though couched in diplomatic language, it is not hard to see where this is leading. Did you notice that the document ascribes the gift of prophecy to previous popes?
God graciously encourages people to prepare for the end, but only as the actual end is at hand can we see clearly what was predicted and how exactly it will come to pass.
Now, what the papacy wants is for the International Monetary Fund, which controls the value of the currencies of various countries in relation to each other, to take over also the role of central bank of central banks, thus having complete control over the currencies of every nation. This would also mean (note the emphasis on dropping the Bretton Woods agreements) that the dollar would no longer be the international currency.
The IMF has the ability to raise or lower the value of the currency of any nation as it sees fit; it has thus bankrupted some countries, causing massive starvation. This ability would become absolute and final.
No longer would individual nations be vying with each other over currency values, and no more currency wars would exist. No longer would individual nation-states be able to have any control over the relative value of their money. The top bankers would determine the relative wealth or poverty of every nation in relation to every other nation.
The new IMF would also take over the functions of the World Bank, lending or not lending money to various countries as it saw fit. If a country needed a huge loan to build a hydroelectric dam, the same IMF would be deciding whether it would get the loan.
The new IMF would take over the functions of the BIS, becoming the new and much more powerful central bank of the whole world, including every nation on earth. Does this remind you of Revelation 13 yet?
Now, how are the G20 finance ministers and the leading globalists reacting to such a plan?
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Wednesday, 20 February 2013 19:00
Killing the Dollar: G20 & IMF Push for Global Fed, Global Currency
http://www.thenewamerican.com/economy/economics/item/14579-killing-the-dollar-g20-imf-push-for-global-fed-global-currency“While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported story is that the global gathering of central bankers and finance ministers is pushing forward with their plan for “supersizing” the International Monetary Fund. The end goal is to transform the IMF into a global Federal Reserve, with the ability to flood the world with huge new volumes of loans and currency. It would also wield vast financial regulatory powers.
“The IMF’s unit of account, or “currency,” known as a Special Drawing Right (SDR), is being readied for eventual adoption as the replacement for the U.S. dollar in international transactions, to lead the way toward eventual adoption of the SDR or some other designated unit as the global currency, much in the same way that the euro was foisted upon the people of Europe as a replacement of their national currencies.”
Headquarters, International Monetary Fund (IMF) Washington, D.C.
It comes as no surprise that the Council on Foreign Relations has been pushing the super-IMF for some time, or that the Trilateral Commission and the Bilderberger Group are in total agreement. This is the plan the globalists have set forth for the revamping of the world's financial structure that we have so often predicted by the enlightment of the Holy Spirit.
Once this plan is enacted, and the entire world's finances are under the control of the united banking establishment, the rise of that state which ends up controlling the developed world-state will leave its leader free to exercise all the authority of the Antichrist as described in Revelation 13. While the Chinese Empire is making a major bid by increasing its military power and stealing massive amounts of technology from the American Empire, it will not succeed in leading the world-state.
While it may come close, in the end the huge confrontation between the two empires will so terrify the masses of earth that they will be EASILY stampeded into forming themselves into an image of the prior imperial beast, thus healing its deadly wound and ushering in the seventh and final imperial state, as described in Revelation 17.
Many now alive will live to see these events through to their completion. This relative time of peace is the time to come close to Christ by His Spirit, seeking the Baptism of the Spirit (the second of the two baptisms that every true Christian should experience) so that power can come upon them to address the issues of God's absolute authority that the world-state will usurp.
May the grace of the Lord Jesus be upon you all. John McCaull
Author
Topic: Another view - Opinion - Papal Purposes by John McCaull - Edited by GAJ (Read 5706 times)
