Jan 26, 2009

EFT To Save The World?

By Terry James

The Obama installation brought such sycophantic inspiration to one network broadcaster that when he saw video rolling of a large flock of pigeons flying above the throngs milling about Washington D.C. on inauguration day, he made a statement that would have the journalism professors of Edward R. Murrow’s day cringing with editorial rage. This is second-hand from a "Fox and Friends" host I heard Thursday morning, January 22, laughingly ridicule the statement. The "Fox and Friends" host said the reporter commented something like: “I’ve never seen anything like this. Even the birds are expressing joy and hope over the events of today.” The quotation isn’t exact, but was even more giddy, as I recall the incredulous Fox pundit recounting the statement.

This won’t be a “hit piece” on our new president. He has just begun to govern. Despite the campaign rhetoric and all of the deals that were ostensibly made with many supporter organizations whose philosophies we consider counter to being in America’s best interest , and even though his expressions of intention in the several days since he took the oath seem ominous, he deserves the courtesy of our reserving judgment until we actually see what he will do in these opening days of his presidency. There is, too, the biblical commandment that we pray for those in authority so that our days will be peaceful.

We at RaptureReady do pray for the 44th president. Our prayers consist of petitions that he is successful on America’s behalf IF he governs within God’s holy will. We do not pray that he is successful in ramming through Congress, or by presidential order, any policy or law that is in any way against God’s prescription for governing.

One thing we know for certain: this president will not bring about a miraculous cure for what ails this nation and the world. The hype and fawning might for a time, I believe, propagandize us with the allusion that a miracle cure is in the offing. All of the celebratory media glorification that has gone on since Mr. Obama’s being elected, however, won’t alter the truth from God’s prophetic Word. The world is headed toward the abyss –the tribulation hour of Daniel 9:27, and Jesus’ forewarning as recorded from His Olivet Discourse: “For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be” (Matt. 24:21).

Yet, there will be an attempt to save mankind–by humanistic, global governance. We see the beginnings of the crisis–and it is economic, because the root of all evil is the love of money—that is driving the nations toward a monumental crisis that will eventuate in the rule of the one termed “the beast” in Revelation, Chapter 13.

One conservative, though totally secular (non-biblical) economic expert weighed in on what faces the new president, the American people, and the world:

“Yesterday was coronation day for our new president and we wish him well for the sake of our nation and others throughout the world. We do not want to be cynical but must be realistic. We think this year will be the worst one of this longer recession-depression cycle and our new leader, we suspect is going to take a merciless pounding from a heap of troubles domestically first and foreign later.

Thankfully, the spending of TARP #2 and whatever billions-trillions are added for emphasis, should give us the Obama Market Bounce lasting perhaps 90 days or so. While this economics plan has no chance in our view, the herd psychology of markets should give us a nice relief rally almost across the board…

While we remain in a primary deflation mode world-wide, we think inflation followed by hyperinflation is very real and possible in later 2009. The Federal Reserve and U.S. Treasury are just about at the end of their rope. They are out of rate cut running-room and those moves are mostly ineffectual now anyway.

All they have left is a phony game of printing dollars and bonds while moving them around in a circle within our country. Foreign USA paper buyers take less and less at new auctions. We know they are dumping dollars and other papers assets at a furious pace paying bills and investing in honest-to-goodness hard goods with real value. Watch out for big time inflation in the second half of 2009” (Roger Wiegand, "Trader Tracks Predictions For 2009," 1/21/09,www.webeatthestreet.com).

The writer writes of Exchange Traded Funds (ETF). I am told by an investment advisor that this is a HUGE new thing in the markets over the past couple of years. Some ETF mimic the movements of the DOW, or the NASDAQ, or can mimic the movements of almost any sector...ie, drugs, oil, gold, etc.

It is of great interest to me that, after all of the crunching of the critical numbers that portend almost certain global depression of unprecedented depth, the writer says: “Timing is difficult but more than one analyst suggests using the ETF's for trading this longer term event.”

I’ve long believed that Revelation 13 foretells a time when electronic commerce will be used to bring world economy under the one-world control of Antichrist. Electronic Funds Transfer (EFT,) as a matter-of-fact, is an ideal electronic vehicle that could fulfill the beast system.

"And he causeth all, both small and great, rich and poor, free and bond, to 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. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six” (Rev. 13:16-18).

America must be brought down to the same level as other economies of the world’s nations. Currencies must be melded into a single monetary system of some sort in order to get a handle on the swiftly developing crisis.

EFT is simply computer numbers assigned to units of electronic currency, which can then be moved around through the computer, satellite linkages, etc. They are electronic funds–injected into and removed from accounts of governments, institutions, and individuals, with manipulation of computer keys and other instrumentalities.

The system is exactly the sort of dealing with ability to buy and sell instantaneously that will be required for Antichrist to have power over all commerce. Some such hybrid of today’s Internet, in conjunction with EFT, will, I’m convinced, be the first system to appear that will be instituted to try to save the world out of the greatest global depression in history. It’s final form, however, will instead enslave all who take the beast’s number and mark.

We see developing in all of this gushing toward global economic restructuring a most profound signal of how near the rapture of the Church might be on God’s prophetic timeline. The rapture will be the catalyst, I believe, that instantly will cause all leaders of the world–especially in the western world, to accept any system such as described that will offer to bring stability to a world gone mad with fear.