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Winds
of Change
Commentary by Gary Kah
The
winds of change are blowing. What seemed like a mild breeze
only a few months ago has become a significant storm. Financial
markets have been trying to recover ever since a run on cash
precipitated a liquidity crisis at Bear Stearns, one of the
nation’s leading investment banks. In just five days
– from March 13 to 17 – the firm’s stock
plummeted from $70 to $2 a share, before bouncing back slightly.
In January 2007 the firm’s net worth had been over $20
billion. Today, this once prestigious banking giant is worth
a little over $1 billion – only 5% of its peak value.
The Fed responded swiftly by lowering its discount rate from
3.50% to 3.25% to assist other troubled investment banks.
It also helped put together a deal enabling JPMorgan Chase
to buy out Bear Stearns for pennies on the dollar. On March
17th, when news of this bailout became public, the stock of
JPMorgan Chase (a long-time Rockefeller bank) jumped by almost
$4 a share – to the dismay of Bear Stearns investors
who had just lost their shirts. The US banking system had
taken another big step toward complete centralization –
i.e. monopoly.
In the
name of crisis management, the Fed has also announced it will
begin making its funds available directly to investment banks,
like it is already doing with its regional Federal Reserve
banks. However, with this new direct funding mechanism will
come tighter Fed regulation and control over these same investment
banks and their clients. This will give the Federal Reserve,
a privately held banking cartel, even more influence over
our economy and personal lives – all in the name of
maintaining order. Other measures leading to additional control
are sure to follow.
Where will things go from here? I believe this is just the
beginning. As the economy continues to gradually deteriorate
during the next 18 months, there will likely be several more
ups and downs similar to the events of recent weeks. But overall,
the general trend will be downward.
If the
Federal Reserve continues to lower its discount and prime
lending rates, the US dollar will weaken further against other
major currencies. The lower the interest rates, the more dollars
are released into the system – resulting in less demand
for, and therefore less value of, the dollar. This has the
affect of making imports into the US more expensive. The impact
is being felt most in the area of imported energy –
especially oil.
Higher energy prices push up the prices of most other products
as increases in production and shipping costs are passed on
to consumers. This in turn has a dampening affect on the national
economy as consumers have less money to spend – which
leads to more unemployment, more home foreclosures, and more
troubled lending institutions; prompting the Fed to intervene
by lowering interest rates once again, which will lead to
an even weaker dollar. And so the downward spiral will continue.
But where will it stop?
We know that the Fed can only lower its rates a few more times.
Unless the Fed’s interest rate cuts somehow stimulate
the economy enough to cause a substantial rebound, the dollar
will eventually crash. I personally believe we are headed
for a major dollar crisis. If (when) this happens, the central
bankers of North America will argue that we need to start
from scratch with a new unified North American currency that
can effectively compete with the Euro. Such a regional currency
shared by the United States, Mexico, and Canada is being discussed
even now by our countries’ leaders. The proposed name
for this new currency is the “Amero.” However,
if US citizens feel uneasy about such a giant step, the currency
could be given a different name that might sound less radical,
such as the North American Dollar (NAD), or something similar.
This push for a North American currency is part of a much
bigger agenda. Based on a 1973 report published by the Club
of Rome, the goal of this powerful group of world leaders
is to consolidate the world’s nations into 10 economic/political
regions – similar to the current European Union. Once
this has been accomplished these 10 regions would then be
brought under a global governing authority (such as a restructured
and empowered United Nations) to which they would be accountable.
This highly controversial and possibly prophetic Club of Rome
plan is called the “Regionalized and Adaptive Model
of the Global World System” and is detailed on pages
40-44 of my book En Route to Global Occupation. In its original
report the Club interestingly referred to its proposed regions
as “kingdoms.”
The North American Union, complete with its own currency and
economic/political bureaucracy, is to be one of the key regions
in this emerging world government. However, globalists pursing
this agenda are facing a major hurdle. According to a report
by CNBC (March 24, 2008) 58 percent of Americans currently
oppose globalization based on their assessment of economic
globalization efforts thus far (via NAFTA, GATT, etc.). Only
25 percent of Americans favor globalization.
With such resistance it could take the Club of Rome and its
affiliated organizations – like the Bilderbergers, the
Council on Foreign Relations, and the Trilateral Commission
– several more decades to accomplish their goals. However,
if the US dollar were thrown into sudden chaos and were to
lose most of its value, this scenario could be manipulated
to engineer a new currency and regional government. If the
American people would have to decide between perceived poverty
and a new system that promises a reasonable standard of living,
which do you suppose they would choose? Historically speaking,
major shifts occur more quickly and easily in times of crisis
when forced change seems to become acceptable.
The
US Political Scene
The winds of change are already blowing in American politics.
With Mike Huckabee out of the race and Ron Paul running in
the far distance, we are left with three less-than-desirable
presidential candidates.
Hillary Clinton is polarizing and historically very liberal.
She rates a mere 12 (out of 100) on The American Conservative
Union index. Although she has publicly moved toward the center
on a number of issues and has consistently expressed pro-Israel
sentiments over the last few years, she is still a globalist
at heart. Remember, her husband is the founder of the Clinton
Global Initiative (CGI), one of the strongest world government
advocacy groups in existence.
Barack Obama, based on his voting record, is the most liberal
senator in Washington, making even Hillary look conservative
by comparison. His smooth style has seduced many Americans;
but beneath his likable outward persona is an individual of
deep contradictions. While he talks a good talk about the
need for unity and change, his controversial private associations
reveal he has an agenda that most Americans would oppose –
if they really understood his worldview. Close ties to racists,
outspoken Muslim leaders, anti-American terrorists and convicted
criminals show that, at the very least, he has extremely poor
judgment and is not fit to be commander-in-chief. (See the
two articles on Obama in our Spring issue of Hope for the
World Update.)
John McCain is a moderate Republican. However, his rating
of 82 on the ACU index makes him the most conservative of
the three leading candidates. There is little doubt he loves
his country; yet he has also supported trends toward globalization
and has been a member of the pro-UN Council on Foreign Relations
since 1997. He is what I call a “patriotic globalist.”
I believe he has resigned himself to the idea that global
government is inevitable – so let’s make certain
the United States has as much influence as possible in shaping
this new world order. This position is probably not too different
from that of Hillary Clinton.
It is worth noting that Clinton, Obama, and McCain are each
surrounded by advisors who are prominent members of the Council
on Foreign Relations and generally support globalization efforts.
They include:
CLINTON:
Madeleine Albright, Richard Holbrooke, Samuel Richard “Sandy”
Berger, General Wesley Kanne Clark, Nelson Strobridge “Strobe”
Talbott III, John M. (Jack) Keane, Kenneth Pollack, and Michael
O’Hanlon.
OBAMA:
Zbigniew Brzezinski (also a Bilderberger and Trilateral Commission
member), Sarah Sewall, Susan Rice, Joseph Cirincione, Lawrence
Korb, General Merrill McPaek, Dennis Ross, and Jay Rockefeller
(also TC). Rockefeller is the current chairman of the Senate
Intelligence Committee.
McCAIN:
Henry Kissinger (also Bilderberger and TC), Colin Powell,
Alexander Haig, James Woolsey, and Brent Scowcroft.
Given
this information it is highly unlikely that our next president
will steer us away from world government.
Ron Paul, who is receiving about 5 percent of the Republican
vote, is the only candidate left who I believe would strongly
defend our national sovereignty and constitutional freedoms
across the board. Like Huckabee, however, he has been unable
to turn his votes into a majority.
Whether
we like to admit it or not, the hard reality is that while
a significant number of Americans currently oppose efforts
toward globalization, morally speaking our nation has moved
strongly toward the left in recent years. Young voters are
generally much more liberal than the WWII or Baby Boomer generations.
They also tend to view globalization more favorably. The Obama
campaign has succeeded at registering unprecedented numbers
of these young voters. In all probability, 3 to 4 times as
many individuals in the 20 – 45 age group will vote
in November’s national election, as compared to 2004.
They will be voting not only for our next president, but also
for members of the House and Senate. If they show up in the
numbers expected, it will represent a quantum shift in American
politics.
Unlike the conservative pundits on television and radio who
are boasting about the huge conservative backlash that will
follow in 2012, I believe the ideological shift already underway
could be permanent. Here’s why.
Members of the so-called Generation X (ages 20 – 45)
are far less prone to embrace the Christian faith than are
their more senior counterparts; only 18 percent of Generation
X members are Bible-based believers. Unfortunately, it gets
worse. Among our youth, ages 20 and under, less than 5 percent
are Bible-based believers – compared to 33 percent of
Baby Boomers and 67 percent of the WWII generation. (Source:
Bob Sprunger, youth pastor, First Mennonite Church of Berne,
Indiana, December 31, 2006, quoting a public survey in his
sermon.) As these young voters who are increasingly hostile
toward Christianity come of age and begin to flex their muscles
at the polls, more liberal politicians will become entrenched
in our political system.
In the past, political trends toward the acceptance of anti-Christian
positions could be tempered somewhat by the fact that the
turn-out rate among conservative Christian voters was much
higher than that of liberal voters, who tended to be more
apathetic. In some elections Christians turned out at more
than twice the rate of their liberal counterparts. This had
the affect of giving Christians a disproportionate voice at
the polls.
For example, if conservative Christians represented 20 percent
of all registered voters, by voting at twice the rate of others
this gave them the equivalent of 40 percent of the vote –
enough to sway the outcome of many elections. However, with
the percentage of young liberal voters increasing at a rapid
pace, and with their likelihood of voting tripling or quadrupling,
this will serve to offset any previous Christian advantage
at the polls. We have already seen this at work in recent
primaries where, in some instances, conservative Christians
accounted for less than 30 percent of the Republican vote
and less than 10 percent of the overall vote.
The poor showing of conservative candidates this year has
also been affected by one other factor – disunity among
Christian voters. The evangelical vote was largely divided
between Fred Thompson, Mitt Romney, Tom Tancredo, Duncan Hunter,
Mike Huckabee and Ron Paul. By the time Huckabee emerged from
the pack, it was too little too late. The South Carolina primary
was particularly damaging. In that state the conservatives
were so divided, it resulted in a McCain victory even though
he received fewer votes than when he ran against George W.
Bush in the state’s 2000 primary.
One reason for such unusual disharmony among Christian voters
was the fact that two of their strongest voices – Jerry
Falwell and D. James Kennedy – both died a few months
before the primaries began. This left a huge void. Perhaps
if James Dobson and a few other Christians of influence had
gotten behind Huckabee earlier, the results might have been
different. But now, for better or worse, Republicans are left
with John McCain.
Here is the dilemma. If conservatives protest by failing to
show up in November, it will easily give the victory to Obama
or Clinton. If that were to happen, as mentioned, it could
produce a permanent shift to the left. Let’s hope and
pray that McCain chooses a pro-Constitution, conservative
running mate who will rally Christian voters. But even if
he chooses well, he will still face an uphill battle to become
president. The momentum is with Democrats and their young
voters.
Some may wonder, does it even matter whom we vote for? If
McCain does win, will he live up to his promises to conservatives?
Will he govern wisely and defend our freedoms honorably? Only
time will tell. Regardless of the outcome of this fall’s
election, one thing is almost certain – there will be
major changes in the next four years. Christians get ready!!
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