News reports as of May 25, 2012 communicate that a One Euro Government is in the works; that is a unified political, monetary, economic, banking and fiscal union is being developed. There is waiting in the wings of Europe’s stage, one individual who will rise to rule the Euro zone. Fate, Revelation 1:1, not any human action, will open the curtains, and into the limelight will step one of seemingly little authority, the little horn of Daniel 7:8, the king of fierce countenance of Daniel 8:23, the Prince of the people of Daniel 9:26, the willful king of Daniel of 11:36-45, the one who comes in his own name of John 5:43, the lawless one of 2 Thessalonians 2:3, because he works in regional framework schemes of Daniel 8:23, to change our laws and our times Daniel 7:25, abrogating constitutional and historical law, the Sovereign of Revelation 13:5-10.
EU Observer reports Herman Van Rompuy to draft plan for deeper economic union.
EurActiv reports EU prepares for ‘new stage’ in economic union.
YNetNews reports Jerusalem will remain united, Netanyahu says.
Reuters reports Ex ECB Chief Jean-Claude Trichet unveils bold plan to save the Euro.
EU Observer reports European Commission should be EU government, leading German says. Wolfgang Schaeuble calls for development of the European Commission into a government
Sign Posts of the Times relates MEP Nigel Farage warns there will be an attempt to install a EU Dictatorship within months.
The unknown unknowns belong to God, Deuteronomy 29:29.
To the unelect, that is those not chosen, selected, and appointed by God for the like precious faith of Jesus Christ, 2 Peter 1:1-21, the things of bible prophecy found in the present truth, are unknown knowns. But to the elect, the words of John the Revelator gradually become known knowns as His words, with guidance from the Holy Spirit, which provide insight and illumination as to how the prophetic word is being fulfilled in today’s news.
The unelect cannot discern truth, meaning that which is reliable for belief or that which is a trust worthy promise, because they are dead in Adam. It is only when God makes one accepted in the Beloved, that one comes alive in Christ and is able to comprehend the mysteries, that is the unknown knowns. These becomes known as knowledge which slowly builds. This unfolding understanding provides wisdom so that one can practice the additive process of 2 Peter 1:1-10, partake of the divine nature, and grow in godliness, brotherly kindness, and charity, come to know the exceedingly great rewards of God, and bear spiritual fruit.
God sets one on a path to know the truth, this is called the election of grace, whereby one calls upon the name of the Lord and is saved, and come to grow in grace and truth. While out garage sale shopping, I found and purchased The Book of Virtues, a treasury of great moral stores, as I desire to comprehend the character of God. I turned away from another book, The Warrior Woman as God sets the poneros, that is psychopaths, to read such things which harden the heart, and develop a confrontational attitude.
In this week’s financial commentary
The chart of International Corporate Bonds, PICB, illustrates the death of money in April 2011, and the death of credit in April 2012, as the seigniorage, that is the moneyness, of neo liberal finance has exhausted on fears that a debt union had formed in the Euro zone in April 2012, and fears of loss of debt sovereignty by Greece, GREK, Italy, EWI, and Spain, EWP, and on awareness that the world central banks’ monetary authority is unable to sustain global growth and global trade. Insolvent nations, such as the PIIGS, and their insolvent banks, such as NBG, STD, and IRE, lack the sovereign authority necessary to sustain the seigniorage, that is the moneyness, of sovereign, BWX, EMB, corporate, PICB, and Junk, JNK, debt.
The result is that fiat money and fiat investments are loosing their money good status. The free market money system is giving way to the diktat money system, where diktat will serve as both money and credit.
Under Neoliberalism, bankers waived magic wands of debt that created prosperity and wealth. Under Neoauthoritarianism, authoritarians will wave clubs of austerity and debt servitude