The comparison is an interesting one from one perspective: The late
president of North Korea was a dictator having supreme authority,
accountable to no one. Mario Draghi, president of the bank that is
dictating fiscal policy to the world’s largest trading bloc, the
European Union, is accountable to no other authority than himself.
As an extension of this comparison, Kim Jong-Il virtually held the
world to ransom with the threat of nuclear war. Draghi currently holds
the world to ransom with the threat of the collapse of the means of
exchange with which much of the EU enacts its global trade—the euro.
Kim rattled his nuclear sabers to scare off the world. The latter is
scaring the world into a fear of a global financial collapse of nuclear
It’s an interesting comparison.
an unknown till he assumed control of the world’s largest central bank
on November 1, Draghi has been developing a more public persona of
recent date. His most recent interview was with the Financial Times. It
contains some interesting vignettes that somewhat explain Draghi’s
intransigent stand on the euro crisis. http://www.ft.com/cms/s/ea01b862-27da-1 ... z1hO3F1Uwk
“It is a sometimes legalistic—at times, even theological—debate,” the
FT writes (emphasis added). That is a point not yet seen by the vast
majority. There is a “theological” entity at the root of all this,
playing its hand extremely carefully, given its almost-2,000-year
“The important thing,” Mr. Draghi says, “is to restore
the trust of the people—citizens as well as investors—in our continent.
We won’t achieve that by destroying the credibility of the ecb. This is
really, in a sense, the undertone of all of our conversation today.”
It is just possible that this Jesuit-educated son of Rome is in tune
with the Vatican’s plan for a “new evangelization” of Europe, to
“restore the trust of the people,” the true “undertone” behind German
elites leading the “conversation” behind closed doors in Rome, Berlin
Either way, the Financial Times interviewer did
sound a realistic warning: “… 2012 may well mark the moment when the
euro’s fate is settled.”
Aware that grave dangers face the
eurozone economies in the new year, Mario Draghi loosed the purse
strings of the European Central Bank (ecb) on Wednesday. As the
Washington Post reported (December 21):
The European Central
Bank announced Wednesday that it is loaning about $640 billion to
European banks for an unusual three-year term as part of its effort to
free up credit tightened by the eurozone’s government debt crisis.
Statistics released by the Frankfurt-based ECB showed that 523 banks
signed up for the loans, the largest infusion of cash since the euro
became the common currency of a number of European nations in 1999. In
all, 17 nations have adopted the currency, which was seen at its
inception as a boost to economic stability but has in recent months come
under withering and perhaps fatal attack.
Some see this latest
move by Draghi to ease EU banks liquidity as a trick designed to
circumvent EU treaty obligations that currently restrain the ecb from
becoming the lender of last resort to EU member nations’ governments.
“Reports in Paris suggested some governments also hope the loans will
make it possible for banks to buy government debts when cash-strapped
governments issue bonds early in 2012. In effect, the reports said, this
would be an indirect way of having the ecb become the lender of last
resort for indebted governments—something it is forbidden from doing
directly by its founding statutes”.
On the euro’s fate hangs
the fate of the global economy. The test year is 2012, beginning with
the EU governments’ bond auctions in the first quarter of the year. What
other cards does Mario Draghi, the “war dragon” of the ECB, have up his
The time is fast approaching when Mario Draghi,
unfettered president of the most powerful bank in the world—the European
Central Bank—will prove whether or not he is, indeed, “more dangerous
than Kim Jong-Il”! Top
Will69ease Conspirator User avatar Posts: 6879 Joined: Sun May 02, 2010 11:32 pm
PostFri Dec 23, 2011 9:33 pm » by Will69ease
Something Powerfully Prophetic Happened in Brussels Last Week Image
As European Union leaders and the head of the European Central Bank
(ecb) met in Brussels for what was billed as a make-or-break summit for
the eurozone, the pope was praying to mother Mary for a suitable
outcome. No doubt he was seeking the endorsement of the queen of heaven
on the Holy Roman alliance that has emerged between Germany’s Chancellor
Angela Merkel and Rome’s man presiding over the European Central Bank,
The Economist even transferred Benedict’s title momentarily to Draghi, calling him “Pope Mario.” http://www.economist.com/blogs/charlema ... /eu-summit
Draghi’s Holy Roman agenda was set during October by a group of Vatican
elites, operating under the aegis of the Pontifical Council for Justice
and Peace, with release of a memorandum titled: “Towards reforming the
international financial and monetary systems in the context of a global
public authority.” As the Trumpet pointed out at the time, the strength
of the memorandum was in the statement proposing “that globalization be
regulated by a global public authority”. http://www.thetrumpet.com/?q=8762.7511.0.0
The ecb may not yet be global, but it does now hold the control of all
mechanisms needed to effectively administer the newly developing fiscal
union that will prevail in the largest trading bloc on the planet—the
Since taking on the presidency of the ecb,
Mario Draghi has moved swiftly to consolidate his position as the
second-strongest voice in Europe to that of Angela Merkel—some would
even say his voice is now the strongest, particularly following his
impeccable performance during last week’s EU summit. Some pundits are
even noting that Europe is no longer dominated by a German and French
partnership. They claim that any remaining influence that President
Nicolas Sarkozy once had in effective EU leadership has been quickly
overtaken by Mario Draghi. Predominant leadership in the EU is no longer
a Merkel-Sarkozy affair. It is now dominated politically by Merkel and
monetarily by Draghi.
In fact, considering Draghi’s allegiance
to mother Rome, one could even theorize that the woman of Revelation 17
is already mounting the beast, with Draghi now being the singular public
voice calling the tune applying the tourniquet on European debt.
So, what did really happen in Brussels last week, and how does it
affect you? For affect you it will—in the pocketbook, where it hurts the
average consumerist Anglo-Saxon citizen most.
personality came to the fore last week during a time when the whole
world’s political focus was on Brussels—Mario Draghi. This president of
the European Central Bank, having only taken office November 1, held the
world’s financial system to ransom for two days during which European
heads of government considered, then yielded to, the demands he had
crafted for an EU fiscal compact.
The upshot was that 26 of the
27 EU nations have implicitly capitulated to those demands, Britain
being the only real dissenter from the initiative to join Draghi’s
fiscal compact. http://euobserver.com/19/114561
Mario Draghi is now the most powerful technocrat in Europe and
possibly—given that the EU is the world’s largest trading bloc—the most
powerful technocrat in the world!
There was a multitude of
commentary on the recent EU summit, most of it missing the point that
one personality had emerged from it garnering power of a nature that
Hitler’s economics minister, Dr. Walther Funk, could once only dream of.
Though Funk had a similar vision to that of Draghi’s European fiscal
compact, he never did quite achieve it during the last time that Germany
and Italy attempted fascist rule over the European continent. Now
European fiscal union is about to become a reality, though it will
eventually embrace far less than the 26 nations which have for the
moment agreed to sign up to it. http://www.express.co.uk/posts/view/283 ... -the-brink
Now that the dust has settled, consider the prophetic reality of what resulted from the EU summit last week.
In his booklet Who or What Is the Prophetic Beast? Herbert Armstrong
pointed to the correct interpretation of the great prophecy on the
current resurrection of the Holy Roman Empire, declaring:
the 17th chapter of Revelation we find a beast, and a woman—a great,
wealthy but fallen woman—who was riding the beast. The Bible describes
the symbol “woman” to mean a church (see 2 Corinthians 11:2; Revelation
19:7; Ephesians 5:22-27). On the other hand, “beast” is a symbol of a
kingdom, or empire. …
The beast of Revelation 13 is not the woman who rode the beast—the beast is the government, and the woman is a church.
Now consider that prophetic revelation in relation to that which happened last week in Brussels.
“At least there is hope. Grim-faced European leaders gathered in
Brussels on December 8 for their summit to save the euro with the news
that Pope Benedict xvi was praying to the Virgin Mary for the sake of
Italy and Europe. He should also spare a prayer for Mario Draghi, the
president of the European Central Bank” (Economist, December 9).
The context within which the pope prayed that prayer to his queen of
heaven ought to be electrifying to any true student of biblical
Under the headline, “Pope highlights Mary’s role as
‘woman of the apocalypse,’” Catholic News Agency reported the following
Pope Benedict xvi reflected on the biblical
description of a “woman clothed with the sun” in his remarks at Rome’s
Spanish Steps on the 2011 Feast of the Immaculate Conception.
“What is the meaning of this image? It represents the church and Our
Lady at the same time,” the pope told the crowd …. “Before all, the
‘woman’ of the apocalypse is Mary herself.”
The 12th chapter of
… the book of Revelation describes the glorification and persecution of
“a woman clothed with the sun, with the moon under her feet, and on her
head a crown of twelve stars.”
Pope Benedict … gave listeners
his insight into the connection between the Virgin Mary and the church,
portrayed in the Apocalypse through the single image of the sun-clad
woman. … He stressed the world’s need for the hope brought by the “woman
clothed with the sun”—“especially in this difficult moment for Italy,
for Europe and for different parts of the world.” …
also we, especially on this day, never cease to ask with filial trust
for her help: ‘O Mary … pray for us who have recourse to you.’” http://www.catholicnewsagency.com/news/ ... pocalypse/
It is interesting to note the symbolism here. On the day of the
Vatican’s Feast of the Immaculate Conception, that Jesuit son of Rome,
Mario Draghi, submitted the uniquely conceived fiscal compact with the
demand that all EU nations sign up to it—a demand that was acceded to by
all except Britain the following day.
“As the dinnertime
negotiations stretched into the wee hours of Friday morning, leaked
drafts of a communiqué indicate that the summiteers intend to agree to a
‘fiscal compact’ to ensure the stability of the eurozone. These words
matter: They are the same ones that Mr. Draghi had used a few days
earlier in a Delphic judgment that many interpreted to mean that he
would intervene more heavily in the bond markets, once the politicians
had delivered a more credible system to impose budget discipline. http://www.ecb.int/press/key/date/2011/ ... 01.en.html
“The leaders seemed to be appealing directly to Mr. Draghi to deploy
the ‘big bazooka,’ which only he controls, to protect big and vulnerable
sovereigns like Italy and Spain” (Economist, op. cit.).
No wonder the Economist referred to Draghi as “Pope Mario”!
Do we truly see what is so rapidly happening in Europe right now?
It really has to do with a small group of elites in Europe setting up a
system that ultimately will lead to the fulfillment of that prophecy
that Herbert Armstrong warned would be a soon-coming reality.
What happened in Brussels last week was just one more significant step
toward implementation of an iron-clad fiscal union, ultimately to
consist of ten nations which yield up all sovereign power to one
singular overarching authority that your Bible terms “the beast”
Overseeing that beastly power as its
major spiritual influence is a great church described as a woman riding
the beast. These two will implement a system which, for a brief moment
in time, will literally dictate terms of trade, globally!
he causes all … to receive a mark in their right hand or in their
foreheads … that no man might buy or sell, save he that had the mark …”
That Germany has unquestioned dominance, politically and economically, in Europe is now unquestioned.
That the pope’s man, Mario Draghi, has unrivaled control over Europe’s
central banking system and the control of the mechanisms that will be
used to address Europe’s current financial crisis—the Exchange Rate
Mechanism and the European Financial Stability Facility—is a fait
accompli. http://www.washingtonpost.com/business/ ... story.html
In effect, a Jesuit-trained Roman mind, receiving his spiritual
direction from the vicar of Rome, is in total charge of Europe’s new
fiscal compact which he not only had a large part in forging—and
naming—but the control of which he has demanded and got!
Well, we shall soon see for whom this compact is deemed “very good,”
for it is destined to work not only against Britain, but against its
Atlantic partner America in a powerful way. Ultimately, it will affect
global financial transactions to the point that the impact on
Anglo-Saxon economies will be devastating!