Pope: World Needs New Financial System

Vincenzo Pinto/AFP/Getty Images

Pope: World Needs New Financial System

In a recent address to Italian businessmen, the pope has again called for a change to the world’s financial system.

At a meeting with members of the Union of Industrialists and Businesses of Rome last Thursday, Pope Benedict xvi reinforced his call for a new global financial order. Referring to the ongoing global financial crisis, Benedict “noted how it has ‘sorely tried the economic and productive systems of various countries. Nonetheless, it should be faced with trust because it can be considered as an opportunity for the revision of development models and the reorganization of global finance …’” (Vatican Information Service, March 18).

In pointing to his conviction that now was the time for a revision of the world’s financial system, in that which he described as “a new time” of “profound reflection,” Benedict highlighted the crusading language he had employed in his widely publicized encyclical “Caritas in Veritate” calling for a new financial and economic system. In that encyclical endorsing the application of Catholic social doctrine on the global order, the pope highlighted that “he had encouraged the world of ‘economics and finance to focus on the person, whom Christ revealed in his profoundest dignity. Moreover, while recommending that politics not be subordinate to financial mechanisms, I encouraged the reform and creation of an international juridical and political order (adapted to global structures of economy and finance) in order more effectively to achieve the common good of the human family’” (ibid.).

That is pure, unadulterated Catholic social doctrine: the merging of the religion of Rome with a universal social order that dictates juridical, political, economic and financial control. It is the very philosophy that underpinned the institution of the Holy Roman Empire of old. Its outcome is prophesied in your Bible in Revelation 13.

It is by no mere coincidence that—as Pope Benedict is calling for a new universal global order, centering on the creation of a new global financial system—Germany’s Chancellor Angela Merkel is reinforcing her nation’s stance in support of moves to oust non-performing nations from the European Monetary System.

During an unusually emotive speech to the German parliament last Wednesday, Merkel declared that the eurozone must be able to expel members that repeatedly break the club’s fiscal rules. She again referred to the need to insert a clause into the Lisbon Treaty/EU constitution mandating this. The chancellor stated, “In the future, we need an entry in the [Lisbon] Treaty that would make it possible, as a last resort, to exclude a country from the eurozone if the conditions are not fulfilled again and again over the long term” (EUobserver, March 17). The same source mentioned that “At least one senior euro area official greeted Ms. Merkel’s statements with sympathy on Wednesday. ‘An alternative view of “safeguarding financial stability” in the eurozone [a stated desire of EU leaders] is to look for mechanisms that would facilitate an orderly exit of a consistently “misbehaving” member state,’ the official told EUobserver.”

Over the past two years we have tracked the statements coming out of both Berlin and Rome that reflect the Vatican and the German government’s efforts to use the global financial crisis as a reason to impose a new system of financial and economic control on the world.

Institutions heavily influenced by Rome and Berlin in this drive are the Financial Stability Board (fsb), the G-20, the European Central Bank (ecb) and the central banks of the eurozone member nations. Currently both Rome and Germany are gunning for what is reputed to be the most powerful office in the EU, that of ecb president. The incumbent is responsible for the control of the entire eurozone monetary policy. The EU already has control of the fsb, touted as the future financial global regulator. The institutions for the implementation and control of a new global financial order are already in place and under the largely hidden sway of Rome and Berlin.

Despite the globe-shaking potential of news currently emanating from Berlin and Rome, we still find huge swathes of the Western press and mass media ignorant of the reality of just what is developing in Europe today. That which is being empowered from Rome and Berlin is a final resurrection of an old imperial power bent on imposing a whole new system of financial and economic regulation—globally!

As we pointed out in two articles on our website last week (here and here), some astute observers are waking up to the imperialist intentions of German elites. In fact, one of the best, Stratfor, even made the connection between Germany’s current rise to dominance in Europe to its having achieved by stealth that which it was historically denied by war, time and again, over the past millennium.

“What if, instead of the euro being designed to further contain the Germans, the Germans crafted the euro to rewire the European Union for their own purposes? … Germany now appears prepared not just to contemplate, but to publicly contemplate, the reengineering of Europe for its own interests. … A political consensus has emerged in Germany that the rules of the eurozone are Germany’s to refashion” (Stratfor, March 16; emphasis mine throughout).

Long-time readers of the Trumpet know that is what we have been saying since the euro was launched in 2002. Now one of the sharpest observers of the European scene is beginning to think along the same lines!

Even more profound is the author Peter Zeihan’s preparedness to consider that “If the euro is essentially gutting the European—and again to a greater extent the Club Med—economic base, then Germany is achieving by stealth what it failed to achieve in the past thousand years of intra-European struggles.

So where did you first hear that certain German elites took their national-socialist vision underground in the closing stages of World War ii only to pop up after the war, many to be placed back into positions of influence in postwar Germany, to enact their imperial vision of global dominance, not by war, but by stealth—via a common market that evolved over time into a European Union, complete with its own constitution, its own monetary unit, its own political and judicial system, its own foreign service, before finally, when the world had forgotten its warlike past, it became time for the resurrection of its historical military might?

Many of you first heard of that vision through Herbert W. Armstrong! Some of you even heard him declare that vision over half a century ago, and now it is rapidly becoming a current-day reality to the point that the very sharpest of observers of the world scene can see it!

If you were one who remembers that vision as portrayed by Herbert Armstrong years ago, and you willingly became blinded to its potential, it’s time to take off your blinders and face up to reality!

Request our latest, updated edition of the booklet titled He Was Right. Read, be sobered, and be stirred to act on the knowledge it reveals. The signs are—especially coming out of Rome and Berlin—that we are well advanced on the countdown to the greatest, most dramatic events to occur in the whole history of humankind!