Gerry Adams Protests The EU and IMF Negotiated Bailout For Ireland

Euro Intelligence reports Gerry Adam’s populist pitch is to blame the EU: With Irish elections coming up soon, parties are frantically seeking to get their campaign together. While Fianna Fail is descending into chaos after further MPs’ resignations, Gerry Adams, party leader of the Sinn Féin, is making the headlines by pitching to voters that no citizen should have to pay for the “sins of the bankers”. Adams said that the bailout package negotiated with the EU and IMF was a bailout for rich bond-holders in France and Germany (BBC news)  and that his party, in government, would tell the IMF (and the EU) “to go home and take their money with them”, close Anglo Irish Bank and Irish Nationwide, and amalgamate AIB and Bank of Ireland while depositors would be protected by legislation, (Irish Times) ….. In the Irish Independent Brendan Keenan finds that Gerry Adams thoughtless comments finally made people realise that the EU/ IMF rescue funds saved them from unimaginable disaster;  and that there is a price to pay, and the borrower’s freedom of action in such circumstances is limited.

And Euro Intelligence also reports that in a Telos column, Barclays chief economist Laurence Boone makes the point that the biggest worries of markets is not only the state of public finances, but first and foremost the solvency of the Banks (especially those in Spain), as they have become all but indistinguishable from the public sector. She notes that both in the Spanish and in the peripheral cases, the solution involves some sort of European unification: either in the form of Europe-wide (serious) stress tests and recapitalization plans for banks, or in the form of an extension of the EFSF, lowering its effective interest rates to countries, and opening up the possibility to buy bonds.

All protesting against the announced European Leaders Bail Out Agreements, as well as conjecturing on the future status of the Eurozone is and will be futile, as Bible Prophecy of Revelation 13:3, revels that out of Götterdämmerung, that is an investment flameout, that a leader, a Sovereign, Revelation 13:5-10, and a banker, a Seignior, Revelation 13:11-18, will rise to establish order.

The Seignior, an Old English word meaning top dog banker who takes a cut, will ascend to provide credit and moneyness.

German professor Markus Kerber and other constitutionalists and libertarians may protest, but, according to bible prophecy, the Sovereign’s and the Seignior’s word, will and way, will be the law of the land; these will supercede constitutional law and traditional rule of law that comes with national sovereignty.

Christian Believers Assembly in article The Stunning Revival of the New Roman Empire, writes:” Ireland, Greece, Spain and Portugal has just seen the murder of their democracy and rights as a country as EU budget and commission has imposed stringent economic and fiscal rules over their country bypassing the laws of the countries.” As it played out, we have seen how the EU parliament has imposed strict budget rules over a sovereign country, Ireland, which will be forever be in debt to European, United Kingdom and IMF leaders.  

Perhaps Herman Van Rompuy will rise to be The Sovereign of Revelation 13:5-10, as the Afteramerica website relates that he has called for global governance: nation states are dead … The EU chief relates the belief that countries can stand alone, is a ‘lie and an illusion!’

Perhaps Tony Blair, because of his business connections, will rise to be The Seignior of Revelation 13:11-18 … Or perhaps the Seignior will be Olli Rehn, one known for calling for calm as related by Ambrose Evans Pritchard in article Telegraph article Greek Rescue Frays as Irish Crisis Drags On … Or perhaps the Seignior will be Jean-Claude Trichet as the ECB leader has received the Charlemagne Prize.

All seigniorage will come and go through The Seignior: all sovereign wealth funds, and banks will report to him, as there will be unified regulation of banking globally as referred to, in the James Politi and Gillian Tett Financial Times article, NY Fed Chief Timothy Geithner In Push For Global Bank Framework.

Soon there will be no national seigniorage anywhere as sovereign debt interest rates will explode to the point where there will be no buyers. This is already the case for Portugal, Italy, Ireland, Greece and Spain, as they have lost their debt sovereignty, that is their seigniorage authority. Their fiscal needs are now provided for by the ECB which buys their bond issues, as well as debt from their banks. The ECB is the sole lender to these nations. Currently the ECB is The European Seignior.

Sovereign nations and their constitutions will be history, as principles of global governance working through regional economic and security pacts and leaders’ agreements will serve as the basis for regional currencies or a global currency.

The Seignior’s financial and economic power will complement the military and political power of the Sovereign; and between the two they own the world “lock, stock and barrel”.

After Götterdämmerung strikes, Bible prophecy foretells in Revelation 13:4, that this apparent wound to fiscal seigniorage and credit seigniorage will be healed, and that the people will be amazed and follow after the beast, meaning that people will give allegiance to global governance, as all vestiges of national sovereignty is swept away. The people of Ireland as well as all in the Eurozone will be giving commitment to European economic governance where fiscal sovereignty comes from Brussels or other major political center.

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