by Chris Perver
Alan Greenspan, former chairman of the US Federal Reserve Bank, has stated in an interview with the Financial Post that the only resolution to the current crisis in the European single currency is the “political union” of the members of the eurozone. He warned that the eurozone is being pulled apart by divergent economies, with more competitive northern states like Germany having to subsidize the less competitive ones in the south. Normally a country is able to devalue its currency in order to increase its competitiveness with more developed economies abroad. But locked into the value of the euro, Greece has had no option but to incur massive debts just to keep its economy running. Now the level of debt is spiralling out of control and financial experts are predicting that Greece may be forced out of the eurozone or the project will inevitably collapse.
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by Ron Graham
“Blessed are they that keep his testimonies, and that seek him with the whole heart. They also do no iniquity: they walk in his ways. Psalm 119:2-3.
The word iniquity in verse 3 above comes from a Hebrew root word that means to “deviate”; in short they do no compromising of their faith by deviating from walking in His (Christ’s) ways. The word “testimonies” also means “precepts/doctrines”. We can read this verse as follows: Blessed are those who keep His doctrines without deviating (departing from the faith). “If ye love me, keep my commandments.” John 14:15. If we love our Lord Jesus we keep His commandments (His doctrines). That’s a fairly straight forward decree set down by the Creator of the universe. Jesus leaves no room for “grey area” maneuvering in that verse. There is no middle ground. When we keep the commandments of Messiah Jesus without deviation we are blessed. When we deviate away from His commandments – well, there is always an opposite effect.
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by Todd Strandberg
The global debt crisis is back in the headlines. Right now, red flags are popping up all over Europe, with Spain being the most-watched nation. Last Thursday, Standard & Poor’s cut its credit rating on Spain by two notches, citing the government’s growing budget deficit as a result of economic contraction. A day later, the Spanish government released data showing a record 5,639,500 people are unemployed in that nation, with the unemployment rate hitting 24.4 percent.
Spain may need to pump around $200 billion into its ailing banks. Amazingly, bad loans now make up 8.15 percent of all loans on the books of Spanish banks. That is the highest level in eighteen years. The official debt-to-GDP ratio for Spain is 79 percent, but the actual total is around 130 percent.
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by Jimmy DeYoung
A select group of European Union foreign ministers are working on a plan to create a super president for the European Union that would include merging the roles of the presidents of the European Union Council and the European Commission which would be a more legitimate democracy in the European Union because this super president would be elected by the members of the European Parliament.
This proposed new super president of the European Union would be the overall powerful leader of Europe with responsibility over Europe’s economic matters, all foreign policy, and any European military operation.
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by Bill Wilson
America’s first President, George Washington, articulated a vision for the United States in his farewell address given in September 1796 that did not include political parties or class warfare–two ingredients that have culminated in a divided nation just as Washington prophesied 216 years ago. Washington said,
"Citizens, by birth or choice, of a common country, that country has a right to concentrate your affections. The name of American, which belongs to you in your national capacity, must always exalt the just pride of patriotism more than any appellation derived from local discriminations. With slight shades of difference, you have the same religion, manners, habits, and political principles."
How far have "We the People" strayed from this statement? In the name of progress, we have become a nation without pride of patriotism. We have so many religions and versions of religions that we have barely no religion at all. We are actually celebrating diverse manners and habits. We are a divided nation where some cling to Constitutional principles and others undermine it with their justification that man progresses and so, too, should the Constitution. By Washington’s standards, we have lost our bearing on what it is to be an American–that citizens assimilate the national properties of religion, manners, habits and political principles rather than becoming a melting pot of diverse beliefs and practices.
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by Bill Wilson
With the all but certain nomination of Mitt Romney as the Republican candidate for President of the United States, America has turned. This is the greatest example in contemporary times where it is a certainty that America will not be led by a Christian president. The two candidates running for President worship a different Jesus than Yeshua Ha Mashiach. On October 12, 1816, Supreme Court Justice John Jay said,
"Providence has given our people the choice of their rulers, and it is the duty, as well as privilege and interest, of a Christian nation to select and prefer Christians for their rulers."
America’s privilege and interest as defined by Jay will be officially abandoned in November.
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by Bill Wilson
After supporting the terrorist sponsoring Muslim Brotherhood in overthrowing several Middle Eastern governments for "democracy’s" sake, Fox and Politico report that White House officials are meeting with Muslim Brotherhood representatives. It is a well known fact that Secretary of State Hillary Clinton’s top aide Huma Abedin has close ties to the MB, and that several appointees to Homeland Security and the Pentagon are associated in some way with the terrorist organization. All the disclaimers have been made that the Muslim Brotherhood is no longer an advocate of violence, but of democracy. Lies all. And there are deceivers and dangerous traitors amongst America’s top echelon of leaders.
The MB creed is as follows:
"Allah is our objective. The Prophet is our leader. The Qur’an is our law. Jihad is our way. Dying in the way of Allah is our highest hope."
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by Chris Perver
