The horrible truth starts to dawn on Europe’s leaders

GREETINGS,

  WE TOLD YOU SO!!!!!!!!!!

” The destruction and fall of the world that we have known is now without a doubt, in process. When we refer to the world, we are referring to the world of the white man, for the world of the Black man has yet to come in.

 The world of the Black man, by divine guidance, is now merging in on the old world of the white race. This makes the destruction and fall of the world of the white man imminent.

 Here in America we can see nothing but the fall of America. It is no secret. It is obvious to the eyes that are open. If we want to close our eyes and minds and claim that we do not see and understand, then we will be falling ourselves.

 This refusal to see is fool-hardy for regardless to how we may desire to see the old world stand, we do not have the power to stave off the destruction that causes the world of the white man to fall.

 The destruction and power that is bringing about the fall of the world of the white man is coming from Allah (God). In the past history of the world of the white man, there never was a time of destruction of his world like the present time.

 It is useless for you to try to prevent the fall of the white man’s world. There is no checking it. The white race has not tried to do the right thing…justice. The doing of justice would have checked her fall (Bible, Jeremiah). “–pg.170(THE FALL OF AMERICA)

  ” Allah (God) Seeks to separate the evil from the good and the good from the evil. He Declared Himself as Coming to Seek and to Save the Black Man (so-called Negro) from his kidnappers (the white race).

 Allah (God) Came to unite and Restore the Black Man again to his Own and Bless Him with the rule of the Nations of earth, as declared by the prophets, Abraham, Moses, and Jesus.

In the Fall of Ancient Babylon Jer. 50:46, “At the noise of the taking of Babylon the earth is moved, and the cry is heard among the nations.” here the Bible teaches us and we see today, at the fall of the old world, there is a great noise of war, the fighting of war, the destruction of nations, towns, and cities and the killing of their citizens. There is disagreement and confusion of the heads of nations.

 It is a very dreadful time that the populations of the earth are now living in. This is the time of the destruction of a world. It is not to be compared with the destruction of an organization or a few towns as it was in the days of Noah. The destruction today is the destruction of a whole world. The prophets could not have given us a better picture of what we may expect today than the picture of what took place in the fall of ancient Babylon.

 The Earth, land, and sea are set in battle array. Every type of deadly weapon is fashioned and is now being used against man and man. See Holy Qur’an Chap. 30:41. There cannot be any peace for man under these conditions.”pgs.212&213(O.S.H.A)

(Courtesy of http://blogs.telegraph.co.uk );

The entire European Project is now at risk of disintegration, with strategic and economic consequences that are very hard to predict. 

In a speech this morning, EU President Herman Van Rompuy (poet, and writer of Japanese and Latin verse) warned that if Europe’s leaders mishandle the current crisis and allow the eurozone to break up, they will destroy the European Union itself. 

“We’re in a survival crisis. We all have to work together in order to survive with the euro zone, because if we don’t survive with the euro zone we will not survive with the European Union,” he said. 

Well, well. This theme is all too familiar to readers of The Daily Telegraph, but it comes as something of a shock to hear such a confession after all these years from Europe’s president. 

He is admitting that the gamble of launching a premature and dysfunctional currency without a central treasury, or debt union, or economic government, to back it up – and before the economies, legal systems, wage bargaining practices, productivity growth, and interest rate sensitivity, of North and South Europe had come anywhere near sustainable convergence – may now backfire horribly.

 

Jacques Delors and fellow fathers of EMU were told by Commission economists in the early 1990s that this reckless adventure could not work as constructed, and would lead to a traumatic crisis. They shrugged off the warnings. 

They were told too that currency unions do not eliminate risk: they merely switch it from currency risk to default risk. For that reason it was all the more important to have a workable mechanism for sovereign defaults and bondholder haircuts in place from the beginning, with clear rules to establish the proper pricing of that risk. 

But no, the EU masters would hear none of it. There could be no defaults, and no preparations were made or even permitted for such an entirely predictable outcome. Political faith alone was enough. Investors who should have known better walked straight into the trap, buying Greek, Portuguese, and Irish debt at 25-35 basis points over Bunds. At the top of boom funds were buying Spanish bonds at a spread of 4 basis points. Now we are seeing what happens when you build such moral hazard into the system, and shut down the warning thermostat. 

Mr Delors told colleagues that any crisis would be a “beneficial crisis”, allowing the EU to break down resistance to fiscal federalism, and to accumulate fresh power. The purpose of EMU was political, not economic, so the objections of economists could happily be disregarded. Once the currency was in existence, EU states would have give up national sovereignty to make it work over time. It would lead ineluctably to the Monnet dream of a fully-fledged EU state. Bring the crisis on. …..MORE HERE

Click here for reuse options!
Copyright 2010 Hiram's 1555 Blog