Dear Friends,

We might recall that last July on the New Moon of the Fifth Month we examined the concept of the Hour of the Beast and outlined what would happen to the World Financial Systems and the establishment of the New World Order (NWO) and the New World Financial Order (NWFO).

It follows, as the night the day, that to control the entire world there must be a means of economic control tied together to enforce that system. Thus the NWFO must logically precede the NWO in time and sequence.

So in order to understand it we have to look first at the Global Economic Crisis which has been engendered to create such instability that people will gladly give up their national sovereignty and economic independence for the illusion of financial security and controls that they think that affords.

It has all unfolded as we expected and stated in that paper. The year 2009 is now set to continue the breakdown of the system.

As predicted, the European leaders have now approached President Bush and will seek to continue that program with President Obama when he takes office on 20 January 2009. This attempt to set up the New World Economic or Financial Order was the plan from the beginning.

Thus, it is no surprise that President Sarkozy of France, while head of the EU, called for the revamping of the capitalist system along with Jose Manuel Barroso the head of the EU’s executive body at Brussels, on Thursday 16 October 2008. The planned international summit was to be used to carry out an urgent overhaul of the world’s financial “architecture” in order to impose new controls on the bankers and traders of the world.

The US was pledged to give the matters a fair hearing but hinted at opposition to giving new authority to international regulators. They met on the Saturday to establish the subsequent G8 conference which is designed to re-found the capitalist system that had been established from the 1944 Bretton Woods conference in the US and by which the world is currently “regulated” – if such a word could be used in this unmitigated disaster.

At that conference the World Bank and the International Monetary Fund were established. The philosophy then was to lower trade barriers, and ease the movement of money internationally.

The aim is to establish a system that globally regulates the world’s economy, eliminates tax havens and establishes a compensation system in which traders are not rewarded for dangerous risk taking.

They wish to get the model up and running but the problem is no one really knows how hard the crash is going to be. January 2009 shows that it is not over yet by a long way and last week one of the large German banks has gone cap in hand to the German government requesting a bailout; and who know how many more are involved.

They want to get on with the NWFO while the opportunity presents itself. However, who trusts any of them? They don’t even trust each other. The reason the EU is pushing is because the US is on the ropes and they want to make sure it does not recover to influence matters unduly. As they said in October, Europe wants it, Europe demands it, and Europe will get it. The real problem is that Europe is a protectionist nightmare and the free flow of trade and investment is the holy grail of the US vision of the system, even though they themselves are protectionist. The EU knows it can’t go it alone without the US. That is not the plan.

The US was the one that stripped away its regulatory controls and allowed this situation to occur in the first place and now the nations are calling for more regulation.

The problem is that the USA is heading into trouble at an accelerating rate. President-elect Obama expressed concern that his financial package before congress is passed without delay. The incoming administration is extremely concerned about the dire straits the economy will be in unless urgent action is taken.

The Japanese view the necessity of the conference as an admission that the world is just one step away from a worst-case scenario. They perhaps do not understand the desire for world domination by the EU bureaucrats.

The UK is calling for the IMF to be rebuilt for the “modern age” and should be organised to play the role of increased supervision of international finance. They want a college of supervisors rather than a multiplicity of national supervisors.

In other words, they aim is to do away with any national controls or supervision. They want more transparency. There is no doubt that much of the world financial system is unregulated and not able to be supervised. France appears to be going along the lines of Britain. They want the speculative Hedge Funds more closely regulated. Many will not require regulation by mid 2009, as they will be bankrupted. Rating agencies are going to be forced into more independence.

The problem is that this machine will be a tyrant the world will not be able to control. The US thinks that a global regulator is not a realistic approach. The fact is that it failed at the national level and will not work effectively. That does not bother Satan and the minions that wish to use it for control. No one really knows what the new system might look like but all want more regulation.

They all want to get the system working again but, as in 1931, banks simply do not trust one another’s solvency and exposure to debt. The Financial Stability Forum is aimed at proper valuation and full disclosure. They want effective credit rating agencies and risk management with effective prudential oversight.

The solution must involve the other nations, including India and China, to succeed. Germany wants these two and also Brazil, Mexico and South Africa. The union of South American nations will need to hammer its position out in addition. It should be remembered that there were 44 nations present in 1944 at Bretton Woods, New Hampshire and there are more interested and powerful players now than there were then. It is claimed by Jean-Claude Trichet of the European Central Bank that it was the abandonment of Bretton Woods in 1971, through the deregulation, that was responsible for the current disaster. He thinks it was an abandonment of discipline. One could argue that it was considered necessary to destroy the system to enforce greater controls in the long run under the Beast power of the NWO.

However, ultimately, this system will not prevent further war and Scripture is clear on what is before us.

The Middle East cannot be excluded because of the enormous financial reserves they and China hold. Indeed they are the only ones with any money left. The problem is what do they want in exchange? The answer to that riddle will lead to war.

Despite the crisis the Global Warming beast is still being used to force change and the bank bailout assistance is being extended right throughout the EU now to all 27 countries.

The objective is one global system and one system of currency. They will continue to push for it now at an increasing rate. The UK wants a global system of regulation to control a global financial system. However, the EU was a regional system of regulation and it failed to deal with the disaster internally.

None of us believes what is being claimed. There seems little doubt that the key bankers engineered the current crisis in order to seize control of and consolidate their hold on the global economy. The howling about overpaid executives and tax havens and rogue traders is a cover screen for the power grab now underway. It will succeed because people simply don’t want to entertain the enormity of the conspiracy.

Control of a nation’s currency and finance controls that nation’s sovereignty. This global currency push has the objective of placing the world economy in the hands of a secret cabal of bankers controlling the finance system to their own benefit through central banks controlled by their minions in accordance with secret meetings.

These crises are engineered to bring about the necessary changes to the financial systems to ensure total control of the NWO. There is not long to go now.

Wade Cox

Coordinator General