Why China Won’t Stop North Korea

Why China Won’t Stop North Korea

The Trumpet

North Korea has nukes, and China isn’t worried. Something’s not right.
From the August 2009 Trumpet Print Edition

“A merciless offensive.”

That’s what Kim Jong Il plans to launch using his nuclear weapons should North Korea be provoked. “Our nuclear deterrent will be a strong defensive means … as well as a merciless offensive means to deal a just retaliatory strike to those who touch the country’s dignity and sovereignty even a bit,” said the state-run newspaper Minju Joson on June 9 (emphasis mine throughout).

Pyongyang’s declaration, the first in which it referred to its nuclear arsenal as “offensive” in nature, came as a major aftershock to a region already reeling from North Korea’s slew of nuclear and ballistic missile tests in May. If we believe Pyongyang’s June 9 announcement, North Korea doesn’t just possess nukes—a frightening enough reality. It is ready and willing to use them.

Understandably, America and its allies in Asia are alarmed by Kim Jong Il’s apocalyptic ambitions. Shortly after Pyongyang conducted its nuclear test on May 25, it turned South Korea into a nervous wreck by threatening a “strong military strike,” and saying that its 56-year cease-fire with Seoul no longer applies. Nearby Japan is so alarmed Tokyo is chattering about the need to develop its own nuclear arsenal. Concerns over North Korea’s nuclear belligerence reverberated throughout Asia.

Except in China.

North Korea’s Best Friend

After North Korea detonated its second atomic device, governments heatedly condemned the test. The best Beijing could muster, by contrast, was saying that it “firmly opposed” the act.

It was an awfully weak response. Kim Jong Il’s nuclear device packed a payload equal to the atomic bomb dropped on Hiroshima and was detonated less than 100 miles from the Chinese border. Beijing is closer to North Korea’s nuclear launch sites than Tokyo is, and hundreds of millions of Chinese live well within range of Pyongyang’s short-range missiles. Like South Korea and Japan, China’s entire population of more than 1 billion is within range of North Korea’s long-range Taepodong-2 missile. Moreover, China’s missile interceptor system is more rudimentary than Japan’s.

Yet China isn’t concerned?

There is a reason for Beijing’s pathetic and relaxed reaction—one that the rest of the world ignores at its peril.

China has long been North Korea’s staunchest friend. The relationship was forged in adversity at the beginning of the Cold War, when, in 1950, Communist China dispatched soldiers into the Korean Peninsula to fight alongside their North Korean comrades against South Korea and its ally the United States. Beijing has been Pyongyang’s firmest ally ever since, consistently defending it from punishment by America and the international community.

Beijing possesses the tools to wipe out Kim Jong Il in a week. It has more leverage over North Korea than any other state—yet is unwilling to use it. The U.S. has been negotiating with Pyongyang for 15 years under three different administrations. The whole time, China persistently has done its best to dilute UN sanctions and bog down negotiations.

Meanwhile, China supplies North Korea with about 90 percent of its oil, 80 percent of its consumer goods and roughly 40 percent of its food. It is Pyongyang’s largest military supplier, and its chief representative in the UN Security Council and other international organizations. “If it weren’t for the Chinese,” wrote author Gordon Chang, “there would be no North Korean missile program, no North Korean nuclear program and no North Korea” (Forbes, May 25).

So why does China keep North Korea alive?

The Real Reason

The common answer as to why Beijing sustains and defends North Korea is that it fears that the implosion of Kim Jong Il’s regime would create a humanitarian crisis that would see refugees flooding across the Yalu River into China. There’s some truth to that claim. But surely such short-term problems would be minor compared to the long-term advantage of encouraging an economically and politically stable government without ominous nuclear aspirations in Pyongyang.

The reality is more sinister: China’s leaders support Kim Jong Il’s regime because a rogue North Korea serves China’s ambitions, both within the region and in the global arena!

First, the existence of an unpredictable, highly volatile nuclear aspirant is a distraction to China’s competitors in the region. “Apparently, [Chinese] President Hu Jintao finds Kim useful in the short-term for keeping Japan and South Korea off balance,” wrote Chang (ibid.). China employs North Korea in Asia in much the same way Iran employs Hezbollah in Syria and Lebanon: as an instrument to push, pry and distract Western-aligned governments, thereby undermining and countering U.S. interests in Asia.

But the ultimate and most worrying reason Beijing sustains North Korea is that Kim Jong Il’s ideologies and ambitions align perfectly with China’s top global priority: undermining the United States!

The media are awash with reports on China’s attempts to eviscerate the U.S. economy, including its efforts to destabilize the dollar, undermine the American financial system and strengthen the credibility of the International Monetary Fund. Evidence shows that Beijing is expanding its military capacities, especially its navy, and solidifying military and strategic partnerships to counter America. China is competing with the U.S. in space, and reports show it to be undermining U.S. power in cyberspace. It is forging dubious relationships with anti-American regimes in Africa and Latin America, not to mention consistently handicapping America’s diplomatic ventures around the world, particularly in sensitive places like Iran.

If we consider China’s defense of Pyongyang’s nuclear program in light of its open hostility and competition with America, we arrive at a sobering conclusion: China considers Pyongyang a tool with which it can challenge the U.S.

A Dangerous Nuclear Era

When North Korea confirmed its entrance into the nuclear club in October 2006 by detonating its first nuclear device, Henry Kissinger, Sam Nunn, William Perry and George Shultz wrote a joint article saying that “the world [was] on the precipice of a new and dangerous nuclear era.” “[T]he likelihood that non-state terrorists will get their hands on nuclear weaponry is increasing,” they wrote. “In today’s war waged on world order by terrorists, nuclear weapons are the ultimate means of mass devastation. And non-state terrorist groups with nuclear weapons are conceptually outside the bounds of a deterrent strategy and present difficult new security challenges” (Wall Street Journal, Jan. 4, 2007).

After Pyongyang’s test earlier this year—not to mention the advancement of Iran’s nuclear program and the fact that Pakistan and its nukes could fall into the hands of radical Islamists—can anyone doubt that we have entered a new era of nuclear proliferation?

Evidence suggests that the club of rogue nuclear aspirants is a close-knit group. China clearly supports North Korea’s nuclear program. Strong evidence links the North Korean and Iranian nuclear programs. North Korea’s fingerprints were all over the nuclear facility in Syria bombed by Israel in September 2007. China itself, violating the Nuclear Non-Proliferation Treaty it signed in 1992, helped develop Pakistan’s nukes; by refusing to support America and Europe in combating Iran’s nuclear ambitions, it has proven itself a supporter of Ahmadinejad’s apocalyptic nuclear designs.

We live in an age of nuclear proliferation among rogue terrorist-sponsoring states—and China is supporting and defending the nation in this group with the most advanced rogue nuclear program!

Why isn’t China concerned about Pyongyang’s nukes finding their way into the hands of terrorist organizations? Simple. It knows the nukes won’t explode in Beijing or Shanghai, but in New York City or Los Angeles!

President Barack Obama’s administration, like its predecessors, pretends China is on America’s side on the North Korea issue. When Kim exploded his atomic device in May, Obama immediately dispatched a high-level delegation to Beijing to sit down and hash out a plan to deal with North Korea. It was a fool’s errand, one America has been running for 15 years. Charles Krauthammer warned, “The [Obama] administration is pretending … that China is on our side on this. It’s not. It has no interest in weakening its ally and puppet in Pyongyang. It’s working against us” (Real Clear Politics, April 6).

China has groomed North Korea’s nuclear ambitions from their infancy. It pleases Beijing that Pyongyang’s nukes are pointed not west, but east, at the shores of the United States!

No matter where you live, you must take this new age of nuclear proliferation seriously. Bible prophecies speak of a soon-coming nuclear winter, a time when, as the Prophet Habakkuk warned, there will be widespread destruction of flora and fauna: “the fig tree shall not blossom, neither shall fruit be in the vines; the labour of the olive shall fail, and the fields shall yield no meat; the flock shall be cut off from the fold, and there shall be no herd in the stalls” (Habakkuk 3:17). To learn more about this nuclear holocaust, request our free booklet Habakkuk and read Chapter 3.

In the Olivet prophecy in Matthew 24, Jesus Christ warned that conditions would be so bad in the world immediately prior to His Second Coming that unless He intervened, “there should no flesh be saved.” The only way world conditions could become so dangerous that they threaten all human life is if nuclear bombs are exploding around the world.

North Korea’s nuclear program, and China’s sponsoring of it, is accelerating the fulfillment of this prophecy.

It is not inevitable that you suffer this fate. There is a way to escape the soon-occurring explosion of the nuclear bombs stored in Russia, America, Europe, and those being manufactured now by North Korea and Iran. To find this path of escape, which leads to a future of hope and happiness, sign up now to start taking The Herbert W. Armstrong College Bible Correspondence Course. To learn more about the nuclear future of planet Earth, and what comes after, request our booklet “We Have Had Our Last Chance” and read “The World Will Not End This Way!” in the July issue of the Trumpet. All this literature is free for the asking. See the back cover of this magazine for details.

Happy Memorial Day. I Have a Nuclear Bomb.

Happy Memorial Day. I Have a Nuclear Bomb.

PHILIPPE LOPEZ/AFP/Gett Images

From the August 2009 Trumpet Print Edition

Kim Jong Il is giving the United States a beating. It started May 25, as America honored its war dead on Memorial Day. The North Korean dictator chose that occasion to test his nation’s second nuclear device, which was 20 times more powerful than its first (which, if you remember, he detonated on July 4, 2006, America’s Independence Day. Kim has a thing for U.S. war-themed holidays).

Kim then announced that he would view America’s efforts to stop Pyongyang’s nuclear activities as a declaration of war. He threatened a “strong military strike” on South Korea and said the cease-fire with that nation—in force since 1953—no longer applies. He then proceeded to test launch six short-range missiles capable of reaching Japan. Then Pyongyang appeared to be shipping a long-range missile to a launchpad—similar to the one it illegally launched in April that could reach the U.S. West Coast.

So much for Washington’s hope for a new era of international engagement. Clearly, Pyongyang doesn’t want engagement. It wants nuclear weapons.

And who’s to stop it? After that missile test in April, President Barack Obama issued some stern threats: “Now is the time for a strong international response,” he said. “Rules must be binding. Violations must be punished. Words must mean something.” To this day, the “strong international response” to that April test has yet to materialize. Words mean nothing.

After the string of provocations in May, U.S. Defense Secretary Robert Gates said, “What is now central to multilateral efforts … is to try to peacefully stop those programs before they do in fact become a ‘clear and present danger.’” North Korea has tested nuclear bombs, as well as missiles that could hit the U.S., and it’s not yet a “clear and present danger”? What would tip it over that edge? Secretary Gates said the U.S. would consider it a “grave threat” if Pyongyang transferred nuclear technology to other nations. That has already happened: North Korea’s links with Iran’s nuclear program are well documented. The nuclear site in Syria that Israel destroyed in September 2007 was running North Korean technology. How is this not yet considered a “grave threat”?

Secretary Gates believes there is time yet “to try to peacefully stop those programs.” Any guesses how those efforts will fare? After its nuclear test in 2006, Pyongyang was punished with the resumption of multilateral negotiations. Today, North Korea has 6 to 12 nuclear devices. It has learned and learned again that there is absolutely nothing to fear in pursuing such weapons. In fact, Kim Jong Il appears ready to give up even the pretense of discussion. President Obama’s special envoy to North Korea has made several offers to visit Pyongyang and been turned down.

What has been called “the post-American world” didn’t start with President Obama. But his administration is rapidly leading the world deeper into it. The hallmarks of this world are numerous and frightening: the dangerous proliferation of weapons of mass destruction; a surge in militarism throughout Asia; the strengthening of rogue nuclear aspirants in the Middle East; and on and on. The only way that America is factoring into these trends is as a source of derision. The beating it has taken from tiny, Third World North Korea would be shocking—if it weren’t something we have been warning for decades would happen, based on the scriptures explained in The United States and Britain in Prophecy.

Jesus Christ had a different name for the post-American era we are entering: “the times of the Gentiles” (Luke 21:24). He warned specifically that it would produce “great tribulation”—42 months of suffering “such as was not since the beginning of the world to this time [the end time—our day today], no, nor ever shall be” (Matthew 24:21).

Recent events in Asia should not be shrugged off. They represent a hastening toward the climactic fulfillment of Christ’s prophecy.

Cap-and-Trade: The Industrial Anti-Revolution

Cap-and-Trade: The Industrial Anti-Revolution

Dreamstime

The inconvenient truth is that the new cap-and-trade bill is based on lies. A tsunami of economic discontent is coming.

The U.S. economy is disintegrating, hundreds of thousands of people are losing their jobs every month, and record-high home foreclosures are sweeping the nation. But apparently that is not enough for out-of-touch politicians in Washington. Now they want to hit Americans with what the Wall Street Journal is calling possibly the “biggest tax in American history.”

If they were deliberately trying to destroy America’s economy, politicians and the green lobby could have hardly found a better way.

On Friday, members of the House of Representatives passed legislation destined to radically reengineer the whole economy. And they did it boldly claiming that the cost to households would only be the price of a postage stamp per day.

How gullible do they think people are? There is a reason that governments around the world are applauding—and it’s not because they think clear skies and balmy weather are on the way. It is because the House just voted to severely handicap all American industry: advantage Europe and China.

Under the proposed cap-and-trade system, the U.S. government would place a limit on the amount of carbon dioxide (the same gas humans and animals exhale) the country can emit: 17 percent less than 2005 levels by 2020, and a whopping 83 percent less by 2050. An army of bureaucrats from multiple agencies will deploy across the country to determine how much pollution companies are generating and how much they should be allowed to generate. These companies will then be “given” carbon credits for the amount of carbon dioxide the government says they should be allowed to create.

If businesses are unable to meet the new emission standards, they can purchase excess credits from companies that have managed to reduce their emissions, or they can buy expensive additional carbon credits from the government, or they can shut down. Or they can move their operations overseas.

This new proposal, if it becomes law, will suck the air out of U.S. industry. And contrary to what politicians claim, it will also suck dollars out of the pocketbooks of Americans.

Those who support the cap-and-trade bill claim that the cost to American families will be around $175 per year by 2020. The estimate is based upon a Congressional Budget Office (cbo) analysis that was conveniently released as politicians were getting ready to vote.

But here is the big lie.

That $175 per household per year is only what the cbo thinks it will cost to cover the day-to-day expenses of operating a carbon-trading program. But these millions of dollars will be dwarfed by the costs that estimate does not take into account: the inevitable effects this policy would have on the economy!

The world runs on fossil fuels. America runs on fossil fuels. This bill is specifically designed to hike the price of coal, oil and natural gas, so that Americans will use less.

But the higher prices of fossil fuels will not just show up in higher heating and air-conditioning bills, or at the gas station—but in every manufactured good, from ballpoint pens to televisions.

Food prices will jump too. Farmers intensively lobbied to be exempted from the bill, since cows are the biggest single source of carbon dioxide emissions in the country. Though they achieved that exemption, farmers will still be hit by higher fertilizer, feed and pesticide costs, which are heavily dependent on fossil fuels.

Manufacturers will be forced to spend untold millions to retrofit factories. Utilities will be forced to use higher-cost and less-reliable solar and wind power. Transportation costs will skyrocket too.

And all these companies will take one action in common: They will pass down the costs to their customers. It is the only choice they have.

Regardless of how politicians on Capitol Hill spin it, it is the average American who will pay—and pay big. Postage-stamp price increases are a dream out of Alice in Wonderland.

According to estimates by the Heritage Foundation, for a household of four, higher energy prices alone will cost the average family $829 per year over the next couple of decades. It estimates that the bill will eventually result in a 58 percent increase in gas prices, a 90 percent increase for electricity, and a 55 percent jump for natural gas.

However, direct energy costs are only part of the consumer impact. If you look at the total cost of the bill due to increased manufacturing costs, shipping costs and compliance costs, you get a total average yearly impact on a family of four of almost $3,000, according to Heritage.

But it gets worse. The bill is also projected to harm employment, causing estimated net job losses of approximately 1.1 million per year between 2012 and 2035, according to the Heritage Foundation. These are job losses in excess of any supposed green job creation and on top of the 7 million jobs lost since the recession began. China, India and Mexico are notorious for loose environmental regulation. Companies that cannot thrive in America will likely migrate to where there are more hospitable regimes. That’s just reality.

How many more job losses can America take? Official unemployment is already at 9.4 percent.

And to top it off, this bill is designed to fix an unproven crisis. As conservatives are quick to point out, global temperatures have flatlined and even fallen over the last eight years. And as far as climate change goes, anybody who reads history, or studies geology, knows that climate change has been going on for far longer than since the Industrial Revolution. Man-made global warming is just an artifact of computer models and theories. And the effects of the ultra-expensive “solution” this bill proposes are unproven.

The real purpose of this bill is a power grab by Washington insiders.

Add to that, it will hamstring a bruised and battered U.S. economy operating in an ever-more-fierce world environment.

And any slack in U.S. carbon emissions will be gladly offset in developing countries eager for new industry and technology.

It is outrageous that so many politicians have chosen to take America down this path, especially when the economy can least afford it, and when so many people are already losing their homes and jobs. America’s leaders are acting like silly children (Isaiah 3:4); proposing solutions that are practically guaranteed to wreck the economy in order to fix a “crisis” trumped up by the politically correct crowd.

Even if this legislation is not ultimately adopted, the fact that so many politicians are endorsing it, despite its horrendous economic implications, is a clear signal that economically and industrially, America is a nation in rapid decline. Expect the deindustrializing of America to continue.

Moldova’s Economy Less Risky Than America’s

Moldova’s Economy Less Risky Than America’s

Vadim Denisov/AFP/Getty Images

Moldova’s aversion to credit demonstrates how to best prepare for financial downturns.

Moldova isn’t well known for … actually it just isn’t well known. The small, landlocked nation sandwiched between Romania and Ukraine is Europe’s poorest and only remaining Communist country. So it was a big surprise when Moldova was ranked fifth out of 184 countries for economic stability by the 2009 World Financial Health Index, compiled by the respected British financial journal The Banker.

The Banker changed its perspective on risk after the financial meltdown in 2008 by penalizing countries that rely too heavily on leverage, or borrowing. So statistics that previously indicated strong economic performance were now indicators of risk for a country’s financial system. The study incorporated 25 indicators ranging from economic stability to overall indebtedness to government finances. Highly leveraged developed countries like the United Kingdom, the United States and Japan ranked lower than some poorer nations, such as Moldova, Chile and Peru.

Moldova’s debt per capita is $763. America’s is $37,000, and the UK’s is $171,000. Moldovan banks have capital–to–asset ratios higher than 17 percent. Their extended loans are worth just 35 percent of gross domestic product, compared to America’s at 230 percent of gdp and Japan’s at 308 percent.

It’s not just the government either. The people of Moldova also borrow much less than their Western counterparts. “Cash-only is a matter of not just choice but tradition,” reported Jeffrey Tayler, an Atlantic contributing editor, after a trip to Moldova. “Taking on debt is still fraught with taboo.”

That is quite different to American society. As the Trumpet has written before, the lifeblood of America’s economy is credit. The U.S. government and most of the country’s businesses must borrow money to stay afloat. While leveraging creates opportunities for quick growth and quick profits, it simultaneously introduces greater risk for collapse. Moldova, on the other hand, despite its lower standard of living and underdeveloped economy, is insulated from the global downturn because of its low levels of debt. There was no boom, so there has been no bust.

“I feel sorry for the people in the West,” a Moldovan told Tayler. “Their financial system worked well for decades, and now it is collapsed. You know, I feel blessed to have been born here.”

Many people would laugh at that sentiment, considering Moldova’s per-capita gdp is just $2,500, compared to $47,000 in the U.S.

But it is also ridiculous that the world’s richest nation has taken on so much debt that it has put its whole economy at risk. America’s government is even encouraging more debt creation, recently extending further credit to itself and American businesses by borrowing and creating vast sums of money.

Moldova’s lesson for America is that access to debt can have both benefits and consequences. Moldova’s aversion to debt and risk-taking shows that even the poorest of nations or people can make a difference in protecting themselves from an amazingly complex and unstable global economy by avoiding the credit trap.

Sharia Courts Rule Against British Law

Sharia Courts Rule Against British Law

Shaun Curry/AFP/Getty Images

At least 85 sharia courts now operate within Britain.

At least 85 sharia “courts” now operate in Britain making decisions that sometimes contradict British law, according to a report by independent think tank Civitas. These Islamic courts, or arbitration tribunals, make rulings on marriage, polygamy and child custody that are illegal, the study shows.

Their decisions are likely to be unfair to women and backed by intimidation, with tribunals taking place behind closed doors, the report said. They keep few records, if any, of what takes place.

Since 2007, the Muslim Arbitration Tribunal (mat) has been running courts in London, Bradford, Birmingham, Coventry and Manchester. The courts’ rulings are legally binding under the 1996 Arbitration Act, as long as both parties choose to use them, and as long as their decisions do not contradict British law.

However, the Arbitration Act specifically excludes rulings on divorce and child-care cases. While the five mat courts deal primarily with disputes between business partners or mosques, the estimated 85 sharia “courts” operating are exceeding that mandate, according to the Civitas report.

“Some of these courts are advising illegal actions,” said the report’s author, Denis MacEoin, a former lecturer in Arabic and Islamic studies. “And others transgress human rights standards.”

The House of Lords, Britain’s highest court, ruled in a decision last year that sharia law was “wholly incompatible” with human rights legislation. It prevented the deportation of a woman whose child would have been removed and placed with an abusive father under sharia law in Lebanon.

As the sharia courts in England are closed and opaque, MacEoin, in order to get an impression of the type of rulings these courts make, had to examine online fatwas—or religious decrees—issued by websites run out of, or accessed by, British mosques. He wrote:

Among the rulings … we find some that advise illegal actions and others that transgress human rights standards as they are applied by British courts. Here are some examples: A Muslim woman may not under any circumstances marry a non-Muslim man unless he converts to Islam; such a woman’s children will be separated from her until she marries a Muslim man; polygamous marriage (i.e. two to four wives) is considered legal … a wife has no property rights in the event of divorce … sharia law must override the judgments of British courts … taking out insurance is prohibited, even if required by law … a Muslim lawyer has to act contrary to UK law where it contradicts sharia … a woman may not leave her home without her husband’s consent (which may constitute false imprisonment); legal adoption is forbidden … a woman may not retain custody of her child after 7 (for a boy) or 9 (for a girl) … fighting the Americans and British is a religious duty ….

“About two thirds of Muslim marriages are not being registered under the Marriages Act, which is illegal,” said Neil Addison, a specialist in the law on religion. A woman in this type of marriage would have to submit to sharia law for a divorce proceeding. “But it’s not the way arbitration is supposed to work,” said Addison.

Some compare the sharia courts to the Jewish rabbinical courts, called beth din, which also pass legally binding decisions under the Arbitration Act. Addison, however, points out an important difference between the two. “The beth din acknowledge that ‘the law of the land is the law,’ and a rabbi cannot perform a synagogue marriage ceremony unless a registrar is present to simultaneously register the marriage under English law,” he said.

Muslims within Britain are now running a contradictory legal system. This has to lead to a divided society. For more information on how this poses a threat to Britain, see our article “Is Britain Being Conquered From the Inside?

America’s Foreign-Policy Folly

America’s Foreign-Policy Folly

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The current U.S. administration appears to be in the process of giving Germany the cold shoulder. It could hardly be guilty of a greater foreign-policy error.

“O my people, they which lead thee cause thee to err, and destroy the way of thy paths”; so declared the Prophet Isaiah in an inspired prophetic vision of the current status of Anglo-Saxon government extant in our day and age.

There is a great blindness affecting the minds of those governing the economy, the defense and security of the Anglo-Saxon nations. Of those given charge over both the spiritual welfare and the security of these nations, Isaiah declared, “His watchmen are blind: they are all ignorant ….” Even amid the greatest global crisis since the Great Depression, having the effrontery to place the heaviest of burdens on the taxpayer to pay for the corporate sins of the greedy and the corrupt, they say, “to morrow shall be as this day, and much more abundant” (Isaiah 56:10-12).

Yet, it is in the field of international relations that the Anglo-Saxon nations appear so blind to the signs of the times. Nowhere is this more apparent, it seems, than in Washington.

America is undergoing a sea change in its North Atlantic foreign policy. The most glaring example of this is the current friction engendered by the U.S. administration with Germany.

German commentators, once caught up in the heady atmosphere of the seeming messianic worship of America’s new president, are now starting to notice a cool change blowing from Washington. This was quite apparent from the reaction by Germany’s leading daily newspaper to Chancellor Merkel’s reception at an awards ceremony during her visit to the U.S. last week.

Under the headline “Does the U.S. Still Care About Germany?”, Der Spiegel mused, “German Chancellor Angela Merkel was in Washington Thursday evening to receive an award for her contributions to transatlantic relations. But with few politicians in attendance, she might have gotten the feeling that Germany no longer carries its former weight in the U.S. capital.” Noting that “there was just a single member of the House of Representatives (out of a possible 435) who bothered to show up to see the German chancellor,” Spiegel went on to critically observe that “Interest for countries like Germany is no longer seen as a way to advance one’s career in the U.S. Congress. … In Washington, the concept of a G-2 is gaining credence, a world order in which the U.S. and China take the lead. Europe—and Germany—is on the margins.”

The continuance of such a stance will ultimately prove fatal to America.

Conscious of the developing rift between Washington and Brussels/Berlin, Chancellor Merkel declared in her speech at the awards evening, “The Europeans have grown closer together. … We have understood that we need to speak with a single voice. We are 500 million people and that is a weight that cannot be ignored” (emphasis mine throughout).

The fact that both the German chancellor and President Sarkozy of France, the two leading lights in the European Union, have roundly criticized Washington’s handling of the current financial crisis does not sit well with President Obama and his cabinet, let alone the Fed. Spiegel noted that “Merkel’s recent critique of Washington’s loose monetary policy raised many an eyebrow in the U.S. capital.” Merkel could not resist hitting this theme in her speech last Thursday, observing, “Such a crisis cannot be allowed to repeat itself. It is the result of market excesses; we need more regulation.

For those with ears to hear, Chancellor Merkel fired two warning shots across the bows of the current U.S. administration when she declared that the EU carries a weight that cannot be ignored, and reiterated that the financial crisis highlights the need for more regulation.

Washington appears outwardly ignorant that the EU—in particular its leading nation, Germany—is already throwing its weight around to ensure that “such a crisis cannot be allowed to repeat itself.” At the April G-20 summit in London, the U.S. administration meekly and ignorantly signed up to “more regulation” to be directed, globally, by the forces in charge of Europe’s central banking cabal.

During her Washington visit, Chancellor Merkel discussed with President Obama issues ranging from climate change to Guantanamo prisoners. In two issues at the core of their discussions, Merkel took a strong stance in contrast to the American president’s: Iran and the forthcoming G-8 conference in Italy.

President Obama seemed intent on simply waving aside Iranian President Ahmadinejad’s demands for an apology regarding the U.S. president’s belated condemnatory remarks on the Iranian election outcome. By contrast, Chancellor Merkel minced no words when she demanded that “the Iranian nuclear program ‘must be stopped’” (Bloomberg, June 26).

Concerning the July G-8 summit, “both pledged they would avoid protectionism and maintain a course of government actions leading to ‘sustainable growth,’ Obama said.” In contrast, the German chancellor again underlined her theme of the previous day. “Merkel said the summit of industrialized nations would ‘take stock’ of new financial regulations imposed on both sides of the Atlantic that she said are meant to prevent ‘a future crisis’ and global meltdown” (ibid.).

Watch for the G-8 summit to further entrench the regulatory control of the European central banks over not only America’s, but the whole global economy.

Many of those who once sneered at the inerrant Bible prophecies for our time—prophecies that Herbert W. Armstrong tenaciously proclaimed in print, over radio and television for almost the entire latter half of the 20th century—are now living through their daily fulfillment. One of the most powerful of these prophecies that is even now building in strength in Brussels, Berlin and Rome is that of Revelation 13 which speaks of a regulatory power that will restrict trade to those alone who bow to its global will.

Though commentators have been generally slow to comprehend the devious nature of the soon-to-be-enforced regulatory power of the EU Financial Stability Board (fsb)—a global financial and economic regulatory body directed by the EU-based central banks—the more astute are beginning to understand its sinister and far-reaching nature.

Author Ellen Brown noted in an insightful article recently that “The ‘Report on Financial Regulatory Reform’ issued by the Obama administration on June 17 includes a recommendation that the fsb ‘strengthen’ and ‘institutionalize’ its mandate” (Global Research, June 23). In a June 21 article, Brown also cited increasing concerns that “that the new agency benignly called the Financial Stability Board (fsb) is the latest sinister development in the covert consolidation of global financial power in a few private hands.” That power, she noted, is controlled by the G-7 central bankers, dominated by the EU.

In effect, as commentator Dick Morris has pointed out, the American presidency, like the British government, has signed over sovereign rights of its entire economic and financial control to the European Union. This will have catastrophic results for America.

Should the fsb further consolidate its power at the upcoming meeting of the world’s top industrial powers, the G-8, in July, then, as one commentator put it, “holding on to your wallets won’t matter because everything in them will be emptied, the result of (banker-controlled) regulatory bodies pulling off the greatest-ever financial heist—a global coup d’état” (ibid., June 24).

Washington ignores the principal power behind Europe’s push for control of the global economy—Germany—at its own risk. The warning bells were sounded last week in Washington by the German chancellor herself as she declared that the EU carries “a weight that cannot be ignored.”

Germany has yet again proven adept at creating national advantage out of global crisis. Chancellor Merkel’s warning that “we need more regulation” is but a harbinger of the fulfillment of the time not so far away when the power that evolves from the fsb will be so great as to demand that “all, both … rich and poor, free and bond … receive a mark in their right hand, or in their foreheads: 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” (Revelation 13:16-17).