Mario Draghi and Europe’s Biggest Story

Mario Draghi and Europe’s Biggest Story


The European Central Bank under Mario Draghi’s leadership has become Europe’s most powerful institution.

By far the most outstanding event to come out of Europe in recent times has been the sudden, seemingly overnight, transition of the European Central Bank into the controlling mechanism with greatest influence on the global economy.

Pardon us if we say, yet once again, we told you it would be so.

Turn to Revelation 13 in your Bible.

What is the entity that has the controlling power over the global economy in the prophesied end of this age?

Track it through, commencing Revelation 13, verse 11. There a powerful religious entity is revealed having global influence (verse 12). The sheer deceiving power of this entity defies the imagination (verses 13-14).

The unbelievable miracles of which this entity is going to be capable are revealed in verse 15, as is its terrible destructive power.

But the real point that connects the rise of the European Central Bank (ecb) to its current extent of power with the fulfillment of these great prophecies of Revelation 13 is contained in verses 16-17.

There it is revealed that this religious power dominates a system that dictates world trade. Only by exercising the designated code that links each trade with this great controlling entity is commerce able to be effectively enacted.

Until the recent and most dramatic rise of the ecb to its current level of global power, such a process would have been unthinkable.

Now, all of a sudden, the Jesuit son of Rome, Mario Draghi, one of a threesome of Jesuit-educated, high-profile EU technocrats—Italian Prime Minister Mario Monti and European Council President Herman van Rompuy being the other two—is propelled into such a position of power that, with the support of his two fellows, he is in a position to enact the spirit of Pope Benedict xvi’s encyclical on the global economy, “Caritas in Veritate.” That is the encyclical where Benedict calls for a new global economic order based on the Catholic social chapter.

La Stampa reported that as Mario Monti presented Benedict xvi’s social encyclical in Saint John Lateran on Feb. 23, 2010, he declared that “The ‘Caritas in Veritate’ document resembles a technical governing handbook for society in which economy plays a fundamental role as a natural outcome of ethical reflection, and even has the agreement of those who do not share in the Catholic ethical vision” (November 14). Monti used that occasion also to publicly declare himself “to be Catholic.” Mario Monti is a member of the EU splinter organization called “The Spinelli Group.” That group is committed to establishing a federal Europe based on the Catholic social chapter that underpins the pope’s “governing handbook for society.”

It takes a firm grasp on the reality of inerrant Bible prophecy to catch this vision of Revelation 13. But, whether you possess such an enlightened prophetic perspective or not, one thing is for sure. Most of us will live to see the day of its fulfillment.

Last week’s ecb initiatives brought that fulfillment dramatically closer to its reality.

The point here is clearly this. Though Bible prophecy speaks of a great politico/economic, military power rising at these times, designated “the king of the north,” that power is dominated by an overarching religion.

It is the religion of the world’s most powerful banker. It is the religion of Italy’s technocrat prime minister. It is the religion of the European Council president. It is the dominant religion of the largely hidden European elites who have carefully crafted today’s European Union into the world’s largest trade entity. It is that same religion that has dominated six previous resurrections of the Holy Roman Empire.

It is not the religion of Germany’s Chancellor Angela Merkel, forced to capitulate German resistance to the Draghi plan. She is chancellor now of a Germany somewhat placed at odds with Europe’s central bank and its declared policy of bond buying to bail out indebted countries such as Spain and Italy. How this effects her electoral performance in advance of the 2013 federal German elections will be interesting to see.

“The backing of Ms. Merkel comes despite complaints from within her own coalition government—and from the head of the country’s central bank, the Bundesbank, Jens Weidmann. A former Merkel aide, Mr. Weidmann was the sole dissenting voice on the European Central Bank’s board against the bond-buying plan” (New York Times, September 6).

However, Mario Draghi has bigger things on his mind than German politics. His is a Europe-wide vision (ibid):

As much as Germans may complain about the indebted countries of the south, the costs to Germany of a euro collapse would be enormous. And if Spain and Italy were shut out of the debt markets, the bailout funds would be too small to rescue them. So it was crucial that the central bank step in to insure that those large countries can continue to borrow at sustainable interest rates, acting as a ready lender through bond purchases.

Draghi is a true European imperialist. As such, his decisions will bear in mind the continuing evolution of the European Union into its Holy Roman future. Germany is important, vitally important to this cause. He knows that. But Draghi also knows that he has the backing of a quiet diplomatic process of 2,000 years’ standing, based in Rome, that, though it looks like a lamb, when push comes to shove, speaks like a dragon to enforce its will.

It has the history to prove it!

It’s the only power on Earth that has the proven, historic potential to glue the fractious European nations together into their final, prophesied temporal unity as revealed in Revelation 17:12-13.

Last week’s moves by Mario Draghi just served to emphasize that, in Europe today, the actions of a son of Rome trump those of a daughter of Berlin. The Rome/Berlin axis is now dominant within the EU, and the predominant influence over all, as prophesied in your Bible, is increasingly that of mother Rome.

Watch for that religion to increasingly guide the thinking, and the decisions, of the main movers and shakers in the rise of the “king of the north.”

Is Iran a Security Threat to Canada?

Is Iran a Security Threat to Canada?


On Friday, September 7, the government of Canada closed its embassy in Tehran, Iran, and requested that all Iranian diplomats in Canada leave the country within five days. The move caught diplomats around the world by surprise.

Foreign Affairs Minister John Baird made the announcement from Vladivostok, Russia, where he was attending the Asia-Pacific Economic Co-Operation summit. Russia is one of Iran’s and Syria’s closest allies.

“Iran is among the world’s worst violators of human rights. It shelters and materially supports terrorist groups,” Baird said in explaining the decision. He further cited Iran’s support of the regime of Syria’s President Bashar Assad, its failure to comply with United Nations resolutions on its nuclear program, and its threats against Israel. He also referenced Iran’s “blatant disregard of the Vienna Convention that guarantees protection of diplomatic personnel.” This observation follows last November’s storming of the British Embassy in Tehran by Iranian students who ransacked its offices. Baird also expressed that concerns over the safety of Canadian Embassy staff contributed to the decision to close the embassy.

The Canadian government’s decision prompted the cancellation of a trip by Iran’s parliamentary speaker Ali Larijani, who had been invited to attend a meeting of international legislators scheduled for late October.

Israeli Prime Minister Benjamin Netanyahu congratulated Prime Minister Stephen Harper on the move, calling it “a courageous act of leadership.”

When asked whether the move presaged an attack by Israel on Iran’s nuclear facilities, Foreign Affairs Minister Baird replied, “Unequivocally, we have no information about a military strike on Iran.”

Relations between Canada and Iran have been strained since the 1979 hostage crisis. In a radio interview, Ray Boisvert, a former Assistant Director of Intelligence at the Canadian Security Intelligence Service, noted that Iran is considered to be a security threat to Canada. “There is [also] a long history of espionage. The Iranian Intelligence Service has been prolific over the years and has been a significant threat collecting information of economic and political value.” He also reported the threat of political interference in communities across Canada and other parts of the Western world. (You can listen to the interview here.) Boisvert expressed concern that Canada’s action could result in some form of Iranian retaliation against Canada either at home or abroad.

Ramin Mehmanparast, a spokesman for Iran’s Foreign Ministry, called Canada’s move “hasty and extreme” as well as “hostile behavior [by] the current racist government in Canada” and hinted at some form of response from his own government.

Baird delayed making the announcement until all Canadian diplomatic and embassy staff had left Iran safely on Friday morning. In response to the closure of the embassy, Foreign Affairs and International Trade Canada issued an advisory against any and all travel to Iran.

Trumpet editor in chief Gerald Flurry has long warned about the consequences of not dealing with the Iranian nuclear threat. Bible prophecy speaks of a time in the near future when a nuclear Iran will push at a German-led revival of the Holy Roman Empire. The result is described in our booklet The King of the South.

Morsi Foresees Regime Change in Syria

Morsi Foresees Regime Change in Syria

Egyptian President Mohammed Morsi has blasted the Syrian government and predicted imminent regime change in Syria.

On September 5, in what the Associated Press referred to as his first major foreign-policy speech, Morsi warned Syria’s Assad regime: “Don’t listen to the voices that tempt you to stay [in power], because you will not be there for much longer. There is no room for further delaying a decision that will stop the bloodshed.” The speech riled Syria, prompting its Foreign Ministry’s retort that the remarks constituted “blatant interference in Syrian internal affairs.”

Earlier, in his speech that provoked a Syrian walkout at the Non-Aligned Movement (nam) summit in Iran August 30, Morsi condemned Bashar Assad’s government as “an oppressive regime that has lost its legitimacy.” He rallied the 120 nations at the nam summit for “effective interference from all of us.” Solidarity with the Syrian population, he said, “is an ethical duty, as it is a political and strategic necessity.”

Morsi’s recent remarks carry a lot of weight. He was elected two months ago after the Arab Spring forced longstanding Hosni Mubarak out of power. The Assad family has ruled Syria for four decades. The Muslim Brotherhood of Syria is thought to be the most powerful and most organized opposition force in Syria, as was the Muslim Brotherhood of Egypt when it put Morsi into power.

Watch for an imminent regime change in Syria. Read Trumpet editor in chief Gerald Flurry’s article “How the Syrian Crisis Will End,” and watch his Key of David program titled “Psalm 83 Alliance Is Being Fulfilled” for deeper understanding on Syria in prophecy.

EU Leaders Draft Plans for a Superstate

EU Leaders Draft Plans for a Superstate


The 17-member eurozone could soon get its own parliament with power over nations’ taxation, spending and economic policy, under plans being drawn up by Europe’s four presidents, German paper Handelsblatt reported September 6.

European Council President Herman Van Rompuy, European Commission President José Manuel Barroso, European Central Bank President Mario Draghi and Eurogroup President Jean-Claude Juncker presented an initial report on their proposals for the future of the eurozone in June. They’re due to present their final proposal at a summit beginning October 18, with a final report and road map due to be adopted by EU leaders at a summit on December 13.

The new eurozone parliament would be made up of both members of the European Parliament (meps) and representatives from national parliaments.

Their other proposals include giving the European Commission the power to veto national budgets.

The radical reforms go beyond any other proposals for political union so far, and would require changes to EU treaties. Several meps have already spoken out against them.

Separately, Barroso called for the EU to take on more power in social, labor and education policy, as Europe struggles with high unemployment. “We need to aim for an integrated EU policy approach and better coordination of employment and social policy at national and EU level,” he said in a speech at the Employment Policy Conference, September 6. “Not only employment and social policy, but also education policy ….”

A eurozone parliament that included national members of parliament would face less resistance as it tried to take on these kind of powers.

The Trumpet has long predicted that a smaller subset of EU nations would come together to form a superstate. A new legislative body for the eurozone with powers that are usually key points of national sovereignty would be a major step in this direction.

These kind of proposals for political union are becoming common. The euro crisis is proving that a common currency requires a common government. It is forcing Europe to form a superstate before your eyes.

Ethiopia Still Leaderless

Ethiopia Still Leaderless


Nearly three weeks after the prime minister’s death, Ethiopia’s ruling elites haven’t agreed on his successor. The division could leave the country vulnerable.

Ethiopian Prime Minister Meles Zenawi died on August 20 and was given a state funeral on September 2. Yet despite reports that Meles’s Deputy Prime Minister Hailemariam Desalegn would be sworn into office a couple of days after Meles’s death, Ethiopia still lacks a prime minister. The situation leaves Ethiopia vulnerable to internal pressure and outside influence.

Leaders of the ruling party, the Ethiopian People’s Revolutionary Democratic Front (eprdf), failed to agree on the procedure to select a new prime minister in a meeting September 4. The delay shows “unexpected internal political tension and power squabbling among the ruling elite,” wrote Kenya’s Daily Nation.

“Further delay of naming Mr. Hailemariam party chief exposed the growing internal power struggle among the four ethnic-based members of the ruling party coalition: Amhara, Tigray, Oromo and Southern people,” wrote the Nation.

The eprdf is scheduled hold a bigger meeting soon to elect a new leader.

Its decision goes against Ethiopia’s cabinet, which endorsed Hailemariam as the next prime minister on August 21. State media have now stopped referring to Hailemariam as the prime minister designate.

Meanwhile, Iran is showing an interest in Ethiopia. Ethiopian Foreign Minister Berhane GebreKristos traveled to Iran for a meeting of the Non-Aligned Movement last month. Iran signed a memorandum of understanding on economic and customs cooperation with Ethiopia and 29 other countries, including Syria, Kenya, India and Cuba, on the sidelines of the summit. Iran’s Deputy Foreign Minister Amir Mansour Borqeyee recently spoke to Berhane, where he “underscored Tehran’s enthusiasm for the further expansion of relations and cooperation with the African nations, specially Ethiopia,” according Iranian state-owned Fars News Agency.

Watch the succession process closely. The Bible prophesies that Ethiopia will soon align itself with Iran, which implies that a major political change is coming. A power struggle, or more dangerously, an ethnic struggle, could leave Ethiopia vulnerable.

Ethiopia is facing pressure from Muslims protesting against government interference in their religion. It’s also opposed by Islamists in Somalia. But its greatest threat could be the new Islamic government in Egypt.

In this week’s Key of David program, Trumpet editor in chief Gerald Flurry said that Daniel 11:43 shows that “Egypt is going to have a major impact on other nations in the Middle East, and in Libya and Ethiopia, in particular.” This scripture shows that Ethiopia and Libya will ultimately come under Iran’s influence. “So does this mean that Egypt leads Libya and Ethiopia into the Iranian camp with Iran’s help?” asked Mr. Flurry. “Well, yes, it certainly does.”

Egypt has a big incentive to play a leading role in Ethiopia—the Nile. Egypt, Ethiopia, Sudan and South Sudan all depend on the river. Ethiopia is upstream of the other nations. If it keeps the Nile’s water for itself, the other nations suffer.

Files stolen from intelligence company Stratfor released by WikiLeaks earlier this week claim that Egypt was working with Sudan to prepare attacks on an Ethiopian dam currently under construction.

The report may or may not be true. But it illustrates how Egypt wants to influence Ethiopia. Egypt wants more of the Nile’s water as its population grows. But Ethiopia is working on two huge dams that would diminish Egypt’s supplies further. Having great political control in Ethiopia would allow Egypt to steer the country away from such policies. The recent creation of an independent South Sudan further muddies the waters.

Keep watching Ethiopia’s political scene, and for Egypt and Iran to gain more influence there. For more information on this key prophecy, read our latest booklet, Libya and Ethiopia in Prophecy.

Russia and China Strategize for APEC Summit

Russian President Vladimir Putin met his Chinese counterpart Hu Jintao in the eastern Russian seaport of Vladivostok on Friday. The visit between the two comes a day ahead of a summit of Asian and Pacific leaders.

In the meeting, Putin told Hu that he hoped he would give a “good impulse” to move the trade relations talks in the right direction.

In addition to the summit, the choice of city in which Putin and Hu met highlights Russia’s willingness to de-emphasize its European-dominated trade in favor of growing trade relations with China.

The Asia Pacific Economic Cooperation (apec) forum aims to foster growth by dismantling barriers and bottlenecks that slow Asian-Pacific trade.

Election-year politics and territorial spats are weakening the resolve of some of apec’s 21 members. China has also stumbled economically in recent months, facing its worst economic slowdown in three years. But Moscow and Beijing seem determined to push ahead with their agenda for increased trade and economic cooperation.

President Putin has said that Russia is looking to help by developing its far eastern territory, which shares over 2,500 miles of border with China.

The Trumpet has been watching the developing relationship between these two powerful nations for years. The Bible prophesies that these two nations will form the core of a major Eastern power bloc.

Continue to watch for the Russia-China partnership to strengthen. For more information, read our free booklet Russia and China in Prophecy.