February 22, 2011 Marked The End Of The Age Of Freedom … And Commenced The Beginning Of The Age Of Global Governance With Austerity For All

February 22, 1011 was a transitional day, a pivotal day where the world passed from the Age of Freedom into the age of Global Governance with the passing of a smoking ban and the exhaustion of quantitative easing.

A smoking ban was signed by the mayor of New York terminating one’s freedom to smoke in public; and the seigniorage of the US Central bank failed as stocks turned lower on exhaustion of Ben Bernanke’s QE 2.

Both events evidence are precursors commencing the Age of Global Governance.

1) … Smoking will be banned beginning May 23, 2011 in New York City and seigniorage failed Fberuary 22, 2011.
Michael Howard Saul of the New York Times reports smoking in parks, beaches, boardwalks, pedestrian plazas and other public spaces will be banned beginning May 23, 2011 in NYC as Mayor Michael Bloomberg signed anti smoking legislation on February 22, 2011.

Such a smoking ban will be very hard on the people who smoke.

Most who smoke have a mental illness. Smoking is a marker of a mental health problem. It usually goes hand in hand with alcohol consumption. That is to say, those who smoke, also consume alcohol. I encourage anyone who smokes to go for psychiatric counseling and/or a medical doctor visit, to get medications to help quit smoking.

The mayor’s edict could be a good thing as it gives a sobering wake up call to those with a smoking habit — that it is time for resolution of the underlying issues involved.

And the mayor’s edict should be a clarion wake up call to libertarians that the age of Free To Choose And Free To Be is ending politically, financially and economically.

The Apostle John had a vision of the days of which we are now living in and wrote of it in the bible prophecy of Revelation 13:1-4, where he saw a beast system rising to be sovereign from the sea of humanity integrating mankind’s seven institutions and governing over ten world-wide regions, these being the ten regions of global governance called for by the Club of Rome in 1974. And the Apostle vision of Revelation 13:5-10 presents a global Chancellor, The Sovereign, who will rise to rule mankind. And who according to Revelation 13:11-18 will be accompanied by a global Banker, The Seignior.

The seigniorage of the Milton Friedman Free To Choose Currency Regime, consisting of the distressed investments held by the US Federal Reserve, such as  FAGIX, as well as the 30 Year Government Bonds, EDV, and 10 Year US Government Notes, TLT, surged in both September 2010, and December 2010. But seigniorage failed February 22, 2011; as all of these have now turned lower in value.

Seigniorage is no longer providing moneyness, to world stocks, VT, and world small cap stocks, VSS.  There will be soon be a follow on effect whereby ”in delayed time”, there will come a downturn in economic reports such as Capitol Goods Orders, Industrial Production, Exports, and Bloomberg Financial Conditions Index, as quantitative easing continues to exhaust.  

Debt deflation is the contraction and crisis that follows credit expansion.  One of the most famous quotations of Austrian economist Ludwig von Mises is from page 572 of Human Action … “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency involved.”

Exhaustion of quantitative easing commenced debt deflation on February 22, 2011, when stocks fell across the board. Failure of seigniorage is seen a documented in a failure of stocks globally.

The Morgan Stanley Cyclical Index, $CYC, fell from 1127 to 1088,  Four of its components have experienced significant deterioration; these being Temple Inland, TIN, International Paper, IP, Johnson Controls,JCI, and Deere, DE .

And the Coal Producers, KOL, fell to 45.53,

And the South Korea Shares, EWY, fell to 58.09,

And the Taiwan Shares, EWT, fell to 14.52,

And the Copper Producers, COPX, fell to 18.62,

And the Metal Manufacturing, XME, fell to 69.79,

And the Semiconductors, XSD, fell to 60.85,

And the Nasdaq 100, QTEC, fell to 27.31,

And the Russell 2000, IWO, fell to 91.03,

And the German Shares, EWG, to 25.68,

And the Canada Small Caps, CNDA, fell to 34.75,

And the Real Estate, IYR, fell to 59.09,

And the Small Cap Energy Shares, XLES, fell to 37.66,

And the Dow Jones Energy Services, IEZ, fell to 63.73,

And the Small Cap Discretionary, XLYS, fell to 28.12,

And the Internet Retailers, HHH, fell to 76.81,

And the Solar Companies, KWT, fell to 13.66,

And the Timber Companies, WOOD, fell to 47.97

And the Small Cap Pure Value, RZV, fell to 40.10,

And the Banks, KBE, fell to 26.47,

And the World Stocks, ACWI, fell to 47.92,

And the S&P, SPY, fell  to 131.83,   

And the Emerging Markets Small Caps, EWX, fell to 51.80,

Small Cap Industrial, XLIS, Small Cap Consumer Discretionary, XLYS, and Small Cap Information Technology, XLKS, are now greatly underperforming Small Cap Energy, XLES, and Small Cap Financial Services, XLFS, and Small Cap Health Care, XLVS, as is seen in the chart of XLES, XLFS, XLVS, XLIS, XYLS, and XLKS

And the ratio of the Developed Market Currencies Relative To Emerging Currencies, DBV:CEW, fell to 1.06.     

All of this occurred as the seigniorage of the US Federal Reserve, as measured by the distressed securities mutual Fund FAGIX, fell 9.80 and the value of Junk Bonds, JNK, fell to 40.41, documenting that quantitative easing is exhausted.

The chart of KBE, XSD, XME, COPX, and EWY shows that debt deflation is underway and that it is global in nature.  

The snap declines in leading sectors document that a bear market has commenced. And the chart of the S&P Weekly, SPY Weekly, as well as World Stocks Weekly, ACWI Weekly, show that an Elliott Wave 3 Down has commenced in both.

QE exhaustion has propelled the world from the Age of Leverage and into the Age of Deleveraging. The world is passing from The Age of Leverage characterised by sovereign debt expansion, currency inflation, credit liquidity, stability, stock and junk bond inflation, economic growth and expansion and prosperity  …  and passing into The Age of Deleveraging characterised by failure of sovereign debt, currency deflation, credit ill-liquidity, instability, stock and junk bond deflation, economic contraction and austerity.

2) …  The libertarians perceive that they are sovereign individuals; they are not.
Libertarians are of the belief that they are sovereign individuals; this group of individuals includes: individualist anarchists, (Lysander Spooner), anarcho-capitalists (Murray Rothbard, John Locke), constitutionalists (Chuck Baldwin), fiscal libertarians (Kristin Davis), objectivists (Ayn Rand), libertarian economists (Milton Friedman), left-libertarians (Noam Chomsky), and anarcho surrealists (Andre Breton).

Yet the truth be told: the leaders of their region, both economic and political, are their sovereigns; as they, the sovereigns meet and announce framework agreements which waive national sovereignty and which establish regional economic governance and and political policy.  

We are living in the age of global governance: when crisis arises, leaders announce policy, that is they govern by announcement. The word, will and way of the leader or leaders becomes the law of the land.  

The socio, economic, and political landscape is completely different from it was pre European Sovereign Debt Crisis time of May 8, 2010.  Crisis arose and governance changed. At the Eurozone May 2010 Summit, The EU Finance and State Leaders announced European Economic Governance and called for Monetary Union with a federal debt agency, the EFSF, with seigniorage authority to issue eurobonds and in so doing they effected a bloodless coup where they waived national sovereignty. Sovereign nations are a principle of a bygone era.

One is no longer a citizen of a nation-state; rather one is a resident in a region of global governance.

Andrew Gavin Marshall in article The Global Political Awakening and the New World Order, The Technological Revolution and the Future of Freedom, Part 1 ….. writes: Strobe Talbott worked as a journalist for Time Magazine for 21 years, and has been a fellow of the Yale Corporation, a trustee of the Hotchkiss School and the Carnegie Endowment for International Peace, a director of the Council on Foreign Relations, the North American Executive Committee of the Trilateral Commission, and the American Association of Rhodes Scholars, and a member of the participating faculty of the World Economic Forum. Talbott served as Deputy Secretary of State from 1994 to 2001 in the Clinton administration and currently sits as President of the Brookings Institution, one of the premier American think tanks. Writing in America Abroad: The Birth Of The Global Nation Time Magazine: July 20, 1992, Mr. Talbott said …..  “within the next hundred years,” …..  “nationhood as we know it will be obsolete; all states will recognize a single, global authority.” He explained:  “All countries are basically social arrangements, accommodations to changing circumstances. No matter how permanent and even sacred they may seem at any one time, in fact they are all artificial and temporary. Through the ages, there has been an overall trend toward larger units claiming sovereignty and, paradoxically, a gradual diminution of how much true sovereignty any one country actually has”.

David Rothkopf, a scholar at the Carnegie Endowment for International Peace, former Deputy Undersecretary of Commerce for International Trade in the Clinton administration, former managing director of Kissinger and Associates, and a member of the Council on Foreign Relations, recently wrote a book titled, “Superclass: The Global Power Elite and the World They are Making.” As a member of that “superclass,” his writing should provide a necessary insight into the construction of this “New World Order.” He states pages on 315-316, “In a world of global movements and threats that don’t present their passports at national borders, it is no longer possible for a nation-state acting alone to fulfill its portion of the social contract.” He wrote that, “progress will continue to be made,” however, it will be challenging, because it “undercuts many national and local power structures and cultural concepts that have foundations deep in the bedrock of human civilization, namely the notion of sovereignty.” He further wrote that, “Mechanisms of global governance are more achievable in today’s environment,” and that these mechanisms “are often creative with temporary solutions to urgent problems that cannot wait for the world to embrace a bigger and more controversial idea like real global government.”

4) …. Austerity will come first to the poorest and then universally to all.
Kyle Turner and Alexander Fangmann in WSWS.org article write Cook County, Illinois To Cut Jobs And Social Services write: “Already on February 14, it was announced that 138 nurses would be laid off at Oak Forest and Provident hospitals, pending approval by a state board. While still accepting walk-in emergency room patients, Provident Hospital, on Chicago’s south side, will also no longer accept ambulances. Ambulances will have to take patients to facilities farther away, risking health and lives. Oak Forest Hospital will be converted from a hospital into a “primary care center,” requiring south suburban residents needing urgent care to seek treatment elsewhere.”

Oak Forest Hospital, 15900 S. Cicero Ave, Oak Forest, IL 60452 website relates: ”Oak Forest Hospital’s inpatient services include: long-term intermediate/supportive care, skilled nursing care, sub acute care, comprehensive rehabilitation, and acute care units. Specialty programs include ventilator, palliative and AIDS units, as well as brain injury rehabilitation, pain management, and vocational services. Oak Forest was one of the first hospitals in the state to establish a program for ventilator-dependent individuals, persons who cannot breathe on their own. The facility now cares for an average of 30-35 patients with ventilator needs who require intensive monitoring and oversight.”

“The rehabilitation unit, which provides comprehensive inpatient therapy and medical services to people with physical and cognitive disabilities, is accredited by the Commission on the Accreditation of Rehabilitation Facilities. During an inpatient stay, a comprehensive team of rehabilitation specialists assists patients in maximizing their abilities. Restoring physical and cognitive skills, after a stroke, for instance, can involve physical, occupational, speech, recreational, and vocational therapies, as well as nursing and psychology. The team is led by a physiatrist, a physician specializing in physical medicine and rehabilitation.”

“The unit is a vital step between acute care and return to the community for persons with disabilities. Follow-up outpatient therapies and services are provided to assist people in living full and active lives after they are discharged. Consistent with the Bureau of Health Services’ emphasis on meeting community needs, Oak Forest is a specialty hospital that also is keenly responsive to the evolving health concerns of its area residents. In the past few years, Oak Forest has initiated programs in Oncology, maternal fetal medicine, and pain management, for example. To stem a high incidence of breast cancer in the community, Oak Forest implemented mammography services, which received a three-year accreditation from the American College of Radiology. Due to the increased number of persons being screened at three affiliated outpatient clinics managed by the Ambulatory and Community Health Network, cancer is being detected earlier and more frequently. As a result, Oak Forest added an oncologists to treat patients closer to home.”

“The hospital rehabilitates a growing number of teenagers who are paralyzed by gunfire, many of whom require ventilator care. Consequently, Oak Forest provides age-specific social and psychological support for the special needs of these adolescents. Hospital staff members have also taken a lead in creating programs to reduce gun violence. A group of long-term patients who are gunshot survivors participate in the “My Life, My Choices” program. They speak out in various settings, encouraging young people to shun the world of gangs and violence. Oak Forest also sponsors a number of other anti-violence initiatives, including a violence prevention health fair for high school students.“

5) … Bible prophecy foretells of a world war between Israel, Iran, Syria, Turkey and other Arab nations that draws in Russia, Germany, Bulgaria, Romania, as well as Turkey.
One can read of this in Jack Kelley’s article The Battle Of Ezekiel 38 on the Grace Through Faith Website.

And bible prophecy of Daniel 9:27 foretells that the world’s Sovereign will one day, after this terrific war, will establish a peace covenant between Israel and Arab nations; in so doing it is very likely that he will insist that an international peacekeeping force be present within both Israel and within Jerusalem and at Israel’s borders.  

Yet the Sovereign will not fully honor that covenant as he will break it after 36 months. “He shall confirm the covenant with many for one week”; here each day represents one year. This important phrase indicates that the event that starts the 70th week, the seven-year tribulation, is the signing of a seven-year covenant between the Sovereign and Israel. The signing of the covenant begins the period called the Tribulation. At the halfway point of the Tribulation, which is three and a half years, the Sovereign will break this covenant with Israel with an event called “The Abomination of Desolation.” It is at this time that God provides a physical place of safety, that is a refuge, for a select group of saints.This also signals there is only three and a half more years remaining before Christ returns to earth to set up His Earthly Kingdom, which will last for a 1,000 years.

It is a given that the covenant between the Sovereign and Israel will permit the Jews to rebuild their temple, where they will once again practice their sacrifices.

6) … Bible prophecy of Revelation 13:17-18, foretells that when currencies collapse, a new worldwide credit system will be installed.
One will either be executed or accept the beast’s seigniorage system consisting of the charagma, or mark, necessary to conduct commercial activity.

7) … The World’s Sovereign has an appointment: he will be on the plains of Megiddo for The Apocalypse, that is, The Battle of Armageddon.
The word Armageddon appears only once in the New Testament that being in Revelation 16:16.  The word comes from Hebrew har məgiddô (הר מגידו), meaning “Mountain of Megiddo or “place surrounded by hills”.  Megiddo was the location of many decisive battles in ancient times.
The King of kings comes forth to do battle with the Sovereign, Revelation 19:11-19; he and the false prophet will be seized and defeated, Revelation 19:20-21.

8) …  The rule of The King, Jesus The Christ, will last for a 1,000 years, and is called the Millenium; it is found in Revelation 20:1-4.
This seventh day will complete the 7,000 years from Adam until the eternal kingdom; for as the Apostle Peter said in  2 Peter 3:8: But, beloved, do not forget this one thing, that with the Lord one day is as a thousand years, and a thousand years as one day. It will be the genuine celebration of the feast day of Sukkoth – The Feast of Tabernacles. The Kingdom begins with The Lord, The Prince of Peace, reigning from Jerusalem; it will be a most happy day.

9) … Suggested Reading
People Get Ready… The Sovereign’s Activity Among The Gentile Nations
Triton World Mission ….  Revelation 13:1-18 | He who has an ear
Theyenguy …. What Does Global Governance Mean?

10) … Keywords and URL
debtdeflation, worldleader, antichrist, theantichrist, the antichrist, thesovereign, austerityforall,


One Response to “February 22, 2011 Marked The End Of The Age Of Freedom … And Commenced The Beginning Of The Age Of Global Governance With Austerity For All”

  1. Kenneth Acushla Says:

    Charagma actually means ETCHING on the skin of the hand or forehead. Everyone can look at each other and can know who belongs to The New World Order

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