12/7/08

In the unfolding crisis of global finance and economics, it is important to discern (as best one can) the plans both of the Lord God and of his enemies. Many people may be hoping that the crisis will ease off in the near future, thanks to the apparently energetic interventions of many governments, but such an easing would serve neither the justice and mercy of God, nor the ambition of his enemies...

One commentator gives seven structural reasons why the crisis is by no means over. Four concern our present lamentable money system, whereby the mass of money circulating in the world is loaned into existence, so that if nobody lends or borrows, there will be no money to circulate: 1 Most potential borrowers in the USA, private or corporate, are now tapped out, so anybody lending to them is liable to go under. 2 Nobody can force households or businesses to borrow or spend. 3 Nobody can force lenders to lend, especially when most borrowers are insolvent. 4 Whatever money people can get hold of is going to paying down debt, or to savings.

The other reasons for the party being over are: 5 the real estate-finance-insurance economy is dead, because transaction and debt velocity are way down, with nothing to stop them falling still further. 6 Governments and corporations alike are living with Fantasyland expectations of yesterday`s revenues being sustained tomorrow. 7 The USA already has too much of everything, e.g. hotels, offices, homes, cars, television sets, etc, etc. Inventories are full, and liable to move slowly at best. The party is over. Over.

Now money-men are amongst the most astute and motivated of mortals. It is inconceivable that they did not see this crash coming. Consider this text, published in 1905: "We shall create by all the underground methods available to us, and with the aid of gold which is all in our hands, a universal economic crisis whereby we shall throw on the streets whole mobs of workers simultaneously in all the countries of Europe. These mobs will rush delightedly to shed the blood of those whom, in the simplicity of their ignorance, they have envied from their cradles, and whose property they will then be able to loot. But "ours" they will not touch... we shall take measures to protect our own." Now the class warfare planned for 20th century Europe by Communism may have been replaced by race warfare planned for the 21st century globe by means of immigration, but the basic plan, to be achieved by gold through a "universal economic crisis", has apparently not changed.

And the Lord God`s plan? To use his very enemies, the Masters of Gold hungering for global domination, as a scourge to lay across the backs of his apostate children throughout the world, who have turned away from him, to materialism... to gold. Kyrie eleison.

+Bishop Williamson