The Collapse Of Portugal Town Hall Governments Will Be A Leading Factor Introducing The Fiat Rule Of Regional Global Governance And The Diktat Monetary System.

I …  Financial report for Friday March 23, 2012
Bloomberg reports Portugal Town Halls Face Default Amid $12 Billion Debt. Portugal’s town halls face default amid 9 billion euros ($12 billion) of debt unless the government provides aid soon, said Fernando Ruas, president of the nation’s association of municipalities. “At a company we call it insolvency,” Ruas said in a telephone interview from Lisbon on March 21. “It could happen that some town halls could have to restructure their debt if the government doesn’t intervene.” Ruas blamed a sharp decline in money transfers from the government in Lisbon to municipalities for their growing financial woes. Portugal last year became the third euro-area country to request external aid, following Greece and Ireland. Prime Minister Pedro Passos Coelho is cutting spending and raising taxes to meet the terms of the 78 billion-euro rescue. “A sharp decrease in money transfers has made it harder for many town halls to comply with their ongoing commitments,” said Ruas. His association estimates town halls face about 9 billion euros in liabilities. The southern European country’s 308 town halls and two semi-autonomous regions face similar problems to those of Spain, whose regions have been shut out of capital markets due to the credit squeeze, leaving many bills to suppliers unpaid. Spain’s government is offering credit lines to help regions meet bond redemptions and pay suppliers.

Reuters reports China factories falter, euro zone business wilts.

Tyler Durden writes on Eurosis, and the unsustainability of Eurozone Sovereign Debt, which communicates both banking insolvency and sovereign insolvency. The stress level on Insolvent banks and insolvent nations will increase dramatically by slowed growth. “If ever there were banks that were truly Too-Big-Too-Fail, Europe has them – is it any wonder the Greek Bailout was so focused on rescuing the bank balance sheets. Swiss banks dominate the worst end of the spectrum along with Dutch banks (huge covered bond markets) but the French, Spanish, and Belgian banks are all around two times their nation’s GDP!”

“Perhaps the cleanest measure of ‘stress’ or service-ability for the currency-using sovereigns shows that the amount European sovereigns pay in interest relative to their productive gains as an economy is rising rapidly and forecast to rise even faster. This will obviously get worse as the recession deepens from both rising costs (as post-LTRO rate normalize) and lower GDP (as austerity and balance sheet recession impacts come home to roost).”

“Gross Government Debt to Government Revenue is over 150% on average, rising fast, and at decade highs.”

2) … The mother of all bear markets is underway

The Second Great Depression, that is Great Depression 2, commenced this week with investors derisking out of stocks, VT, which traded 1% lower this week, and investors deleveraging out Commodities, DBC, which traded 1.5% lower this week. The failure of fiat money is seen in Major World Currencies, DBV, decreasing 1.2%, and Emerging Market Currencies, CEW, decreasing 0.8%. The end of the global trade regime is seen Sweden, EWD, deacreasing 3%, the BRICS, EEB, 2%, Steel, SLX, 4%, and Copper Mining, COPX, 3%, as well as Energy, XLE, decreasing 3%, and Enegry Service, XES, 4%.   

Bear Market ETFs rose as follows this week. DUG 6%, SMN, 2%, FXP, 10, BZQ. 5%.

Neoliberal finance, particularly LTRO II financing has boosted US Stocks, VTI, to an all time high; and the S&P, SPY, has double topped, but the BRICS, EEB, are now in all out decline. An Elliott Wave 2 Down has commenced in World Stocks, VT.  

On a monthly basis, the Steepner ETF, STPP, rose 5.4%, as the 10 30 US Sovereign Yield Curve, $TNX:$TYX, steepened this month, evidencing the failure of the world central banks’ monetary policies, and the end of the fiat money system, which is being replaced by a diktat money system.

Fears of decreased global growth have caused disinvestment out of stocks, ACWX, and bonds, BND, especially US Treasuries, ZROZ, EDV and TLT, over the last month, with the China stocks, CHIX, CHXX, CHIM, CHII, leading the way down, with the China Infrastructure stocks falling the most. Fears that the world central banks’ monetary policies have failed to stimulate growth, terminated the age of inflationism and started the age of deflationism.  We now live in the Age of Asset Deflation, which is marked by the failure of both credit and money; competitive currency deflation is underway with world currencies trading lower in value.

2) … What be you? Are you one of like precious faith, or are you one of fiat?
All things be of God, 2 Corinthians 5:17-18.

Either one be of the of the like precious faith, 2 Peter 1:1, or one be one of fiat, which means be it so, as well as mandate, and as well as to be of mandate.

Thus either one be called, that is elect, and be made accepted in the Beloved, or one be of fiat. that is of madate, established so by authoritative decree.

Examples of those of fiat, that is those who be by authoritative decree include the following:
1) … a person with inalienable rights, a citizen of the Unites States of America by decree of national constitution.
2) … a religious person, by declaration of membership in a church.
3) … a resident in a client state of a sovereign region, one of ten, called for by the Club of Rome in 1974;  such as those living in Greece be residents of a client state, living under the sovereign authority of the EU ECB and IMF Troika in technocratic government, and by receiving seigniorage aid.
4) … a political person, a Republican, as these are such, by reference to and participation in social conservative values.
5) … an ethical person, by embracing and announcing and receiving affirmation by others, in  statement, ie a Libertarian statement.
6) … or self appointmented ruler over others, ie a sociopath.

All of these are fiat persons,  which contrasts with the elect, those of like precious faith, who participate in the divine nature, as they add to their faith seven things: virtue, knowledge, self moderation, perseverence, godliness, brotherly kindness, and love, 2 Peter 1:5-7. 

A good conscience is a gift from God that comes in answer to prayer, Psalm 51:10. With practice, one can develop conscience so as to be acceptable to God and approved by others, Romans 14:18. It is through a good conscience, together with the additive process, and one another living, that one becomes a moral person in Christ. As one is accountable to a God given conscience, and keeps, that is maintains, that is has resource in the Word so as not to spoil, or sour, and lives in godliness with others, and has life out of virtues, and participates in the divine nature, that person emerges like a butterfly as a moral person in Christ.    

The conscience is used to be reflective on one’s attitudes, behavior and speech, so as to show oneself to God, a worker who need not be ashamed, 2 Timothy 2:15.  It is in consistent application of the additive process, in keeping Gods word, that is in maintaining and practicing His Word in attitude, speech and action, as well as respecting His presence and authority, Revelation 3:8, that one is able  to maintain good works, as called for in Titus 3:8. 

The Believer receives the Word in faith and love, and attends to it with preparation, thanksiving, parayer, and diligence, laying it up in his heart and practicing it in his life, so as to experience the divine nature and receive the exceeding great and precious promises of God, 2 Peter 1: 5-7.
 
Good character flows from conscience, the additive process, living th one another lifestyle, and maintaining good works. Faith of God.Net provides bible references for character.
 
Having life out of moral identity, one experiences a morally benefical and spiritually furitful life,  2 Peter 1:8.   As one makes his calling and election sure, 2 Peter 1:10, he has wide acceptance into the everlasting Kingdom, 2 Peter 1:11.
 
One can be self deceived as James says in James 1:26, If anyone amoung you thinks he is religious and does not bridle his tongue, he deceives himself and his religion is useless.
 
Those of the divine nature have neither values nor ethics, rather they have moral excellencies, and live assured of exceedingly great and precious promises.

As foretold in bible prophecy of Revelation 13:1-4, and Daniel, 2:31-33, the fiat floating currency regime, with its fiat money and credit is failing and creative destruction is actively creating a regionalization regime, known as the ten toed kingdom of regional global governance, where diktat will serve as both money and credit. The fiat money system is being replaced with the diktat money system. There will no debt relief, only regional totalitarian collectivism, and debt servitude for all.

The dynamos of profit and growth are winding down; and the dynamos of regional security, stability and sustainability are powering up to establish the ten toed kingdom of regional global governance.

Fate is passing the baton of sovereignty from sovereign nation states to regional bodies such as the EU ECB and IMF Troika, giving rise to Neoauthoritarianism. Capitalism is dying and regionalism is rising.

In the age of judgement, the only protection one has from God’s Judgement, is to call upon virtue, and to partake in the Divine Nature, 2 Peter 1:5-7, and receive the exceedingly great and precious promises of God.

In asking what be you? Are you one of like precious faith, or are you fiat? Please consider that the choice was made by God from eternity past. The choice is not that one that an individual makes;  as will died in the Garden of Eden; there are no sovereign individuals there is only a Sovereign Lord God, Psalm 2:4-5; The choice of one’s be, was made by God from eternity past; this concept is known as the doctrine of the election of grace.

The saints are called to keep the Lord’s word and and not deny His name, Revelation 3:8. The word keep means to maintain and to observe and to have resource in; and the word name means presence and authority. Thus one is to observe God’s instruction and to respect his desires, in attitude, conduct and speech.

Sound doctrine reveals that God has made those of faith accepted in the Beloved, Ephesians 1:6. The faithful add seven additives to their faith, and in so doing become partakers of the divine nature and know the exceedingly great and precious promises of God, 2 Peter 1:5-7.

God is sending the poneros, pronounced pawn-ay-os, that is the sociopath as part of his end time judgement upon the earth which began in May of 2010, with the announcement of the first Greek Bailout; this is when he opened the seven seals, Revelation 2:1-2. The word poneros, is defined as bad, evil, or wicked, and carries the meaning of diseased, calamitous, morally culpable, derelict, mischievous and malicious.

The sociopath is a human predator of total cunning and capability. He is presented in scripture in 2 Thes 3:2. These individuals have a seared conscience, which for many comes from birth, and which is useless for discerning morally good or morally bad behavior, 1 Tim 4:2.

They act without regard for the rights and feelings of others. They disregard all social mores, norms, and lawful rule, as they set themselves up to be God. They become fiat rule itself. And being totally self serving, they have a win at all cost attitude. They are reprobate chameleons who have multiple personas to best serve the situation at hand. They can switch between charisma and charm and all out aggression in an instant.  2 Tim 3:1-9.

They are secretive and manipulative. Some are organized while other are impulsive and thus easily agitated. Yet nevertheless, they are busybodies in others affairs, continually seeing just how far they can go. 2 Tim 3:11.

The Bible instructs those of faith and reason to offer no resistance to these individuals and to withdraw and turn away from them 2 Thes 3:6, 1 Tim 6:5, Rom 6:17-18.

This article has been posted on the Internet http://tinyurl.com/7b82vfx

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2 Responses to “The Collapse Of Portugal Town Hall Governments Will Be A Leading Factor Introducing The Fiat Rule Of Regional Global Governance And The Diktat Monetary System.”

  1. Kory Hawkinson Says:

    Thank you.

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