Iceland Crumbling: EU its Hope?

October 7th, 2008


Northern Shore of Reykjavík, Iceland

COGwriter

Iceland seems to be in even more financial trouble than the other countries I have been reporting on.  Notice the following news items:

Iceland Risks Bankruptcy, Leader Says
Wall Street Journal - Oct 7, 2008

REYKJAVÍK, Iceland — Saying Iceland was at risk of “national bankruptcy,” Prime Minister Geir Haarde prepared to give regulators authority to take over the nation’s ailing banks as a worsening financial crisis all but cut off the island from the global financial system.

Credit lines to Iceland’s banks closed down Monday, Mr. Haarde said in a televised address. Late Monday, Iceland’s parliament was voting on an emergency law that could put the entire banking system under government control. It was expected to pass.

“There is a very real danger, fellow citizens, that the Icelandic economy, in the worst case, could be sucked with the banks into the whirlpool and the result could be national bankruptcy,” Mr. Haarde said. After the speech, Standard & Poors cut Iceland’s foreign-currency sovereign-debt rating for a second time in a week.

“The banking system is not functioning,” said Paul Biszko, an analyst at RBC Capital Markets in Toronto. “Everybody’s cutting them off.”…

If banks dump their foreign assets, that should also boost the wilting Icelandic krona. The currency is off more than 40% against the euro this year, an example of how badly the banking crisis is bleeding into the broader economy…

Meantime, the International Monetary Fund sent a fact-finding team to Iceland, an IMF spokesman said Monday.         source: http://online.wsj.com/article/SB122331879240408481.html?mod=googlenews_wsj

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Financial crisis: Iceland’s dreams go up in smoke

What a difference a year makes. Only last November, Iceland’s status as one of the most successful economies in the West was underlined when it was judged the best place to live in the world.

Telegraph - Oct 6, 2008…

Iceland had also presided over the fastest expansion of a banking system anywhere in the world. Little did anyone know that the expansion once so admired would go on to saddle the country with liabilities in excess of $100 billion – liabilities that now dwarf its gross domestic product of $14 billion.

Iceland overreached itself in spectacular fashion, and the party is coming to a messy end.

Yesterday, trading in the shares of six major financial institutions was suspended as the government sought to avert meltdown. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3147866/Financial-crisis-Icelands-dreams-go-up-in-smoke.html

Iceland’s Financial Woes Could Push It Closer to EU

Iceland is in trouble. With credit markets frozen, the country is looking for a way to prop up its debt-laden banking system. The currency is already tanking as are stocks in some of its leading banks. Could EU membership be on the horizon?

Spiegel - Oct 6, 2008

If one is looking for a barometer by which to measure the rapidly expanding global financial crisis, Iceland might be the best place to look. After years of lending huge amounts of money overseas, Iceland’s banks have now been slammed as credit dries up and the value of the country’s currency, the krona, plunges. Even worse, many are concerned the government in Reykjavik might not be able to afford a bailout of the country’s wobbling financial institutions…

Labor Union Calls for EU Membership

The country’s Pension Fund Association — whose assets totalled some €13.4 billion ($18.4 billion) at the end of 2007, much of it held overseas — has also expressed its readiness to sell many of its foreign assets to bring home liquidity. According to news reports, though, Iceland’s trade unions are demanding that Reykjavik apply to join the European Union and move to adopt the euro in return for reducing the pension fund’s overseas assets. “We should aim for EU membership and the adoption of the euro as soon as possible,” a labor union memo published by a local Icelandic paper stated. http://www.spiegel.de/international/business/0,1518,582487,00.html

While the Living Church of God does not have a church in Iceland, its Rod King was there a few months ago and did a couple of radio interviews to explain the Church and the Gospel (see LCG Taking the Gospel Message to Iceland and Europe).

Despite its overall desire to remain outside the European Union, I believe that Iceland will either be part of the EU or at least be more involved with it than it has been in the past.

Several articles of possibly related interest may include:

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
Anglo - America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?

Russia and Brazil Suspend Markets

October 6th, 2008

Dmitry Anatolyevich Medvedev
Dmitry Anatolyevich Medvedev, President of Russia

COGwriter

World markets are being affected by the financial market crises:

Russia and Brazil crumble as commodity prices crash

The entire complex of commodities and emerging market stocks, bonds, and currencies is now in free-fall as the economic crisis spreads like brushfire, threatening to draw every corner of the globe into the vortex of recession.

Telegraph, London - Oct 6, 2008

Oil, grains, and industrial metals all crumbled as the week began despite the passage of the Paulson bail-out plan in Washington and dramatic moves by European governments to shore up their banking systems, compounding the steepest commodity crash in over half a century…

Russia suspended trading after Moscow’s Micex index crashed 19pc in its biggest one-day drop since the 1998 default. The state-controlled VTB bank fell 25pc.

“Traders are just sitting there staring at the screens and going, ‘Wow’,” said Ron Smith, a strategist at Alfa Bank.

Brazil shut the Sao Paulo exchange after the Bovespa index crashed 15pc in panic trading, led by flight from the resource giants Vale and Petroleo Brasileiro. Mexico’s Bolsa was off 7pc; India’s Sensex was off 6pc…

Japan and the eurozone are already contracting: the Anglo-Saxon economies are close behind. The new twist is an abrupt downturn in China, until now the dominant force in the oil and metals boom…

There are fears that Russia could slip into a downward spiral if oil drops to $50 a barrel, which is now the lower end of Merrill Lynch’s forecast.

Moscow has become addicted to the oil bonanza, ratcheting up spending so quickly that it may now need prices to stay above $90 to fund spending plans. Veteran analysts say they have seen this movie before.

http://www.telegraph.co.uk/finance/markets/3148364/Russia-and-Brazil-crumble-as-commodity-prices-crashRussia-and-Brazil-crumble-as-commodity-prices-crash.html.

Russia had stock market problems last month as well (see Russian Stock Panic).

The good news for both Brazil and Russia is that in the mid-term, their financial fortunes will reverse and both will do well for a while.

To see when and who will be ultimately affected how, please see the following below:

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?
Africa: Its Biblical Past and Prophesied Future What does the Bible teach about Africa and its future? Did the early Church reach Africa? Will God call all the Africans?
Anglo - America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
The Arab World In the Bible, History, and Prophecy The Bible discusses the origins of the Arab world and discusses the Middle East in prophecy. What is ahead for the Middle East and those who follow Islam?
Asia in Prophecy What is Ahead for China? Is it a “King of the East”? What will happen to nearly all the Chinese, Russians, and others of Asia? China in prophecy, where?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
India, Its Biblical Past and Future: Any Witness? The Bible discusses the origins of those of Indian heritage and discusses some of the witness to them.
Islands and Bible Prophecy What’s ahead for islands? What does the Bible prophesy about them?
Japan, Its Biblical Past and Future, Part 2: Prophecy Japan in prophecy. What is prophesied for Japan. Will God save the Japanese?
Mexico, Central America, South America, and Brazil in Prophecy What will happen to those of Latin America? Will they have prosperity? Will they suffer in the future?
Russia: Its Origins and Prophesied Future Where do the Russians come from? What is prophesied for Russia? What will it do to the Europeans that supported the Beast in the end?

Dow Dropped 800 Points!

October 6th, 2008


The Strength of Dollars Have Long Been Part of the “Pride of the Power” of the USA (which will be broken per Leviticus 26:19)

COGwriter

The following news item, came out just minutes ago, and shows that the world is in perilous economic times right now:

Wall Street tumbles amid global sell-off

By JOE BEL BRUNO, AP Business Writer 9 minutes ago

NEW YORK - Wall Street suffered through another traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points and setting a new record for a one-day point drop as investors despaired that the credit crisis would take a heavy toll around the world. The Dow also fell below 10,000 for the first time since 2004, and all the major indexes fell more than 7 percent.

The catalyst for the selling was the growing realization that the Bush administration’s $700 billion rescue plan and steps taken by other governments won’t work quickly to unfreeze the credit markets. Global banks, hobbled by wrong-way bets on mortgage securities, remain starved for cash as credit has dried up.

That sent stocks spiraling downward in the U.S., Europe and Asia, and drove investors to sink money into the relative safety of U.S. government debt. Fears about a global recession also caused oil to drop below $90 a barrel; and the benchmark index that gauges fear in the market jumped to the highest level in its 18-year history.

“The fact is people are scared and the only thing they’re doing is selling,” said Ryan Detrick, senior technical strategist at Schaeffer’s Investment Research. “Investors are cleaning out portfolios and getting rid of everything because nothing seems to be working.”  http://news.yahoo.com/s/ap/20081006/ap_on_bi_st_ma_re/wall_street

However, these at most are preludes to what Jesus, in Matthew 24, called the “beginning of sorrows”, but the end will not be yet.  (A news post here of possible interest may be LCG: Perils Test Our Faith.)

There are at least 3 1/2 years to go–and probably several more than that before the start of the Great Tribulation as it CANNOT start prior to 2012.

Several articles of possibly related interest may include:

Anglo - America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?

Germany Guarantees Bank Deposits

October 6th, 2008


Angela Merkel, Chancellor of Germany Since November 2005

COGwriter

Continuing its historic trend of taking advantage of opportunities for world leadership, in the past three weeks German leaders, such as Angela Merkel have taken steps to assure the world that the German economic system is in better shape than that of the USA.

In its latest move, Germany has announced that it now will guarantee bank deposits, which should make Germans and foreign investors much less likely to continue to invest in the German banks.

But not all is rosy within Germany as it apparently needed further motivation to do so:

Germany guarantees all private bank accounts
Move comes as real estate giant in country threatening to go under
Associated Press - Oct 5, 2008

BERLIN - Germany announced Sunday that it would guarantee all private bank accounts, joining Ireland and Greece in taking drastic independent action to ward off financial crisis in Europe’s biggest economy.

Finance Ministry spokesman Torsten Albig said the unlimited guarantee covered some euro568 billion ($785 billion) in savings and checking accounts as well as time deposits, or CDs.

The announcement came as business leaders and lawmakers met in the capital for feverish talks to keep an embattled real-estate giant afloat.

Hypo Real Estate AG had been banking on a euro35 billion ($48.42 billion) bailout package financed by the government and private banks, but the deal fell apart on Saturday evening.

Chancellor Angela Merkel vowed that she would not let the failure of any company disrupt the German economy.

“We will not allow the distress of one financial institution to distress the entire system,” she told reporters while talks between government and business leaders continued in the capital…

European states have pumped billions of euros into banks to keep them afloat over the last week, trying to assure savers their money was safe and avert a panic that has frozen lending across the world.

Banks from Iceland to Germany to the Nordic nations have felt the sting of the meltdown since Lehman Brothers Holdings Inc. filed for bankruptcy last month. http://www.msnbc.msn.com/id/27035328/

This move by Germany (as well as similar moves made by Ireland and others recently) should also reduce the risk of panic among those in the EU.

Interestingly, Angela Merkel was awarded the Charlemagne prize several months back (see Angela Merkel and the “Holy Roman Empire”) for her work to create a more integrated European superstate.

Of course, the Bible does prophecy that a beast power based in Europe will become THE major economic and military power in the world for a short while–and this apparently seems to be set to happen sometime next decade.

Several articles of possibly related interest may include:

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
Anglo - America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?

Satan the Dragon to be Bound

October 5th, 2008

Chinese Dragon
A Chinese Depiction of a Dragon
(The Bible in Revelation 20:2 Calls Satan Both a Serpent and Dragon)

COGwriter

The Day of Atonement, most commonly called Yom Kippur by the Jews (or the Fast in the New Testament), starts Wednesday, October 8th at sunset this year.

Do you know its Christian significance? Do you know that early Christians observed it?

Oddly, because most people associate the Day of Atonement exclusively with the Jews, they are much more likely to celebrate/participate in the pagan Druid holiday in October now called Halloween (see Is Halloween Holy Time for Christians? ) than observe a biblical Holy Day.

Do you know that the Bible indicates that one of the things that it pictures is the binding of Satan the dragon for 1000 years?

How can this be determined?

This can be determined essentially by looking at ceremonies associated with the Day of Atonement in the Hebrew Scriptures and noticing a prophetic parallel in the New Testament.

Although many Protestant commentators seem to misunderstand these passages in Leviticus concerning the Day of Atonement, they are correct that the SLAIN goat represents Jesus Christ.

Yet, notice what happens immediately after the atoning from the death of that first goat:

And when he has made an end of atoning for the Holy Place, the tabernacle of meeting, and the altar, he shall bring the live goat. Aaron shall lay both his hands on the head of the live goat, confess over it all the iniquities of the children of Israel, and all their transgressions, concerning all their sins, putting them on the head of the goat, and shall send it away into the wilderness by the hand of a suitable man. The goat shall bear on itself all their iniquities to an uninhabited land; and he shall release the goat in the wilderness…And he who released the goat as the scapegoat shall wash his clothes and bathe his body in water, and afterward he may come into the camp (Leviticus 16:20-22,26).

The atonement is over after the first goat is sacrificed. The atonement is not part of the symbolism of the second goat. While many Protestant commentators either do not know what the Azazel goat represents or think it represents the physical life of Christ, the latter explanation would not seem to be consistent with the statements in Leviticus 16:26 (bolded above).

Why?

Because notice that it is a fit man that takes the goat into the wilderness and he has to wash himself after he has released the aza’zel goat. If the second goat represented Christ, the fit man would have to wash BEFORE touching the goat and not AFTER releasing it.

What Happened to the Live Goat is Symbolic of Satan

We in the Living Church of God believe that what happened to the live goat in Leviticus 16 is symbolic of Satan for two basic reasons:

1) The term scapegoat is an inappropriate translation into English, as it implies that blame is being placed where blame is not due. The Hebrew term is actually aza’zel. This is a term that some Jewish people have historically ascribed to a Satanic adversary.

2) What happens with the Azazel goat and what happens to Satan is quite similar, if one compares Leviticus 16:20-22,26 to Revelation 20:1-3.

Specifically, we cite the following passage from Revelation 20:1-3:

Then I saw an angel coming down from heaven, having the key to the bottomless pit and a great chain in his hand. He laid hold of the dragon, that serpent of old, who is the Devil and Satan, and bound him for a thousand years; and he cast him into the bottomless pit, and shut him up, and set a seal on him, so that he should deceive the nations no more till the thousand years were finished.

Notice that it is a fit man that places the Azazel goat which bares blame for sins into the wilderness, and an angel that places Satan, who brought sin into the world, into the wilderness of the bottomless pit. Contrary to the claims of those who do not take this portion of Revelation literally, this 1000 year binding of Satan has certainly not taken place since John was inspired to pen Revelation.

Satan the Dragon is bound for the entire 1000 years of the millennial reign of Christ.  And that is just part of the significance of the Day of Atonement for Christians.  A day that early Christians, like the Apostle Paul (cf. Acts 27:9), kept (the Fast was so widely observed in the 4th century that it was condemned by John Chrysostom (see Fall Holy Days Approach).

The Day of Atonement, unlike the world’s false pagan holidays, does have much significance for Christians today.

Several articles of possibly related interest may include:

Is There “An Annual Worship Calendar” In the Bible? This paper provides a biblical and historical critique of several articles, including one by WCG which states that this should be a local decision. What do the Holy Days mean? Also you can click here for the calendar of Holy Days.
Did Early Christians Observe the Fall Holy Days? Did they? Did Jesus? Did Paul? Should you?
The Day of Atonement–Its Christian Significance The Jews call it Yom Kippur, Christians “The Day of Atonement”. Does it have any relevance for Christians today?
The Feast of Tabernacles: A Time for Christians? Is this pilgrimage holy day still valid? Does it teach anything relevant for today’s Christians?
LCG 2008 Feast of Tabernacles’ Information Here is information on many Feast of Tabernacles locations for this year.
Is Halloween Holy Time for Christians? This article provides some historical and biblical insight on this question.

UK’s Military Power Being Reduced

October 4th, 2008

Aircraft Carriers
American and British Aircraft Carriers Are Used As Parts of Threats and Wars

COGwriter

We in the Living Church of God have long warned of the future decline of the military might of the Anglo-American nations.

The recent financial problems in the USA are expected to cause it to lose its military dominance (see LCG: What if We Can’t Afford the Military?).

But the United Kingdom has been experiencing this for decades, and even more in the past decade.  Notice the following news item:

Exclusive: Cash strapped Navy cuts destroyer fleet

The Royal Navy has mothballed almost half of its remaining fleet of destroyers as it desperately attempts to save money in the face of a plunging budget.

Telegraph, London - Oct 4, 2008

The Fleet now has just five air defence warships left to protect vessels missile or aircraft attack at a time when other nations such as China, India and Iran are investing heavily in anti-ship warfare.

Three Type 42 destroyers – Exeter, Nottingham and Southampton – have been “parked up” in Portsmouth at “reduced readiness” up to two years before they were due to be decommissioned…

Britain’s force of destroyers and frigates has now been reduced from 35 to 22 in the last decade despite government promises it would not slip below 25.

It will be another two years before the first of six of the highly sophisticated Type 45 destroyers can be deployed on operations leaving a “gaping hole” in defences.

Pressures on the Navy’s budget are immense with cuts of 20 per cent predicted in the next decade reducing the ship building budget to by £4 billion to £14 billion.

Senior Navy commanders have told The Daily Telegraph that the nation is taking “serious risks” in protecting carrier groups or amphibious flotillas and have accused the Government of neglecting the Fleet that protects the 90 per cent of Britain’s imported trade.

It has already ditched the excellent air protection offered by Sea Harriers which were disbanded two years ago and at least two Type 42s have gone on operations with their advanced Sea Dart air defence missiles disabled to save cash.

Liam Fox, the shadow defence secretary, said the Government was attempting to “castrate the Navy” by tying up ships in dock…

Richard Scott, Editor of Jane’s Navy International, said the Navy was taking “risk on risk” with its neglect of anti-air and anti-submarine warfare.

“Type 42 destroyers have crept over horizon without anyone noticing. We have lost a third of the fleet in the last 10 years. The question remains is where’s it all going to end up?”

With the Armed Forces so overstretched the Navy has been forced to provide sailors and Royal Marines to fight in land-locked Afghanistan where it will make up half the force of 8,000 British troops for the next six months. http://www.telegraph.co.uk/news/newstopics/onthefrontline/3131155/Exclusive-Cash-strapped-Navy-cuts-destroyer-fleet.html

The financial problems in both the UK and the USA will result in those nations asking and expecting the EU to fill in the gaps (which some within the EU are now hoping to do, see for example, France Wants Greater EU Military).  And while the UK is in the EU, the European Union will still turn against it.

The Bible both predicted the rise and the fall of the Anglo-American powers.  It also predicts the rise of a massive European power led by the King of the North that will have ties to an ecumenical form of religion claiming to be Christianity.  More and more pieces needed for the fulfillment of future Bible prophecies are coming together.

Several articles of possibly related interest may include:

Anglo - America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?

Oldest Ancient Reference to Jesus Found?

October 3rd, 2008

Bowl With Christos Reference

A bowl, dating to between the late 2nd century B.C. and the early 1st century A.D., is engraved with what may be the world’s first known reference to Christ. The engraving reads, “DIA CHRSTOU O GOISTAIS,” which has been interpreted to mean either, “by Christ the magician” or, “the magician by Christ.”

COGwriter

The following news item was of interest:

Earliest reference describes Christ as ‘magician’
Bowl dated between late 2nd century B.C. and the early 1st century A.D.
MSNBC
Discovery Channel - Oct 1, 2008

A team of scientists led by renowned French marine archaeologist Franck Goddio recently announced that they have found a bowl, dating to between the late 2nd century B.C. and the early 1st century A.D., that is engraved with what they believe could be the world’s first known reference to Christ.

If the word “Christ” refers to the Biblical Jesus Christ, as is speculated, then the discovery may provide evidence that Christianity and paganism at times intertwined in the ancient world.

The full engraving on the bowl reads, “DIA CHRSTOU O GOISTAIS,” which has been interpreted by the excavation team to mean either, “by Christ the magician” or, “the magician by Christ.”

“It could very well be a reference to Jesus Christ, in that he was once the primary exponent of white magic,” Goddio, co-founder of the Oxford Center of Maritime Archaeology, said.

He and his colleagues found the object during an excavation of the underwater ruins of Alexandria’s ancient great harbor. The Egyptian site also includes the now submerged island of Antirhodos, where Cleopatra’s palace may have been located.

Both Goddio and Egyptologist David Fabre, a member of the European Institute of Submarine Archaeology, think a “magus” could have practiced fortune telling rituals using the bowl. The Book of Matthew refers to “wisemen,” or Magi, believed to have been prevalent in the ancient world…

Goddio said, “It is very probable that in Alexandria they were aware of the existence of Jesus” and of his associated legendary miracles, such as transforming water into wine, multiplying loaves of bread, conducting miraculous health cures, and the story of the resurrection itself.

While not discounting the Jesus Christ interpretation, other researchers have offered different possible interpretations for the engraving, which was made on the thin-walled ceramic bowl after it was fired, since slip was removed during the process…

Fabre concluded, “It should be remembered that in Alexandria, paganism, Judaism and Christianity never evolved in isolation. All of these forms of religion (evolved) magical practices that seduced both the humble members of the population and the most well-off classes.”

“It was in Alexandria where new religious constructions were made to propose solutions to the problem of man, of God’s world,” he added. “Cults of Isis, mysteries of Mithra, and early Christianity bear witness to this.”

The bowl is currently on public display in the exhibit “Egypt’s Sunken Treasures” at the Matadero Cultural Center in Madrid, Spain, until November 15. source: http://www.msnbc.msn.com/id/26972493/.

The main reason that this may be important is because many skeptics actually deny that Jesus ever existed–even though there is substantial ancient documentary evidence for His existence.

Sadly, those in Alexandria were among the first to make some profession of  Christ while adopting pagan rituals and other practices associated with Mithraism that many seem to consider are part of “mainstream Christianity”.

Several articles of possibly related interest may include:

Jesus is God, But Was Made Man Was Jesus fully human and fully God or what?
The History of Early Christianity Are you aware that what most people believe is not what truly happened to the true Christian church? Do you know where the early church was based? Do you know what were the doctrines of the early church? Is your faith really based upon the truth or compromise?
Marcus and the Marcosians: Developers of the Eucharist? Marcus was a second century heretic condemned for having a Mithra ceremony similar to one still practiced by many who profess Christ. Might he also be in the apostolic succession list of the Orthodox Church of Alexandria?
Sunday and Christianity Was Sunday observed by the apostolic and true post-apostolic Christians? Who clearly endorsed Sunday?  Did Sunday come from Mithraism?

Vatican Offical Says No to Biden and Pelosi, But Not to Palin

October 3rd, 2008

Wat Abortion

Bas-relief at Angkor Wat, dated circa 1150, depicting a demon performing an abortion by pounding a mallet into a woman’s belly.

COGwriter

The Vatican, in the past couple of US presidential elections, has become more vocal about who it does not support.  Basically, in the last election and the present election, Vatican officials have been less than pleased that, when the Democratic candidates for either president (John Kerry last election) or vice president (Joseph Biden this election) speak, the Democrats favor abortion.

Here is a fairly bold statement from a US Vatican official:

Vatican official attacks U.S. Democrats as “party of death”

Reuters - Oct 1, 2008
Vatican officials seldom single out political leaders who differ with the Church on issues like abortion rights or embryonic stem cell research. But now that the Vatican’s highest court is led by an American, the former St. Louis Archbishop Raymond Burke, we can expect things to get more explicit in Vatican City — at least when when it comes to U.S. politics.Burke, who was named prefect of the Vatican’s Supreme Court of the Apostolic Signature in June, told the Italian Catholic newspaper Avvenire that the U.S. Democratic Party risked “transforming itself definitively into a party of death for its decisions on bioethical issues.” He then attacked two of the party’s most high profile Catholics — vice presidential candidate Joe Biden and House Speaker Nancy Pelosi — for misrepresenting Church teaching on abortion.

Pelosi drew U.S. bishops’ scorn for saying in a television interview last month that the Church itself had long debated when human life begins. Biden is a practicing Catholic who also supports abortion rights and analysts have said he could help woo wavering Catholics into Obama’s fold...

Burke made headlines as archbishop of St. Louis for his public attacks on public figures who strayed from Catholic teaching. He suggested during the 2004 presidential campaign that Democratic presidential nominee John Kerry, a Catholic, should be denied communion because of his views on abortion. Several bishops said at the time they would not give him communion and the media staked out churches where he attended Mass to see if he received it.

“Lately, I’ve noticed that other bishops are coming to this position,” Burke told Avvenire, which is owned by the Italian bishops’ conference.

Cardinal Joseph Ratzinger, now Pope Benedict XVI, wrote a letter in 2004 to American bishops restating the Church position that a priest must refuse to distribute communion to a Catholic politician who supported abortion rights. But Burke lamented that the letter was never distributed. http://blogs.reuters.com/faithworld/2008/10/01/vatican-official-attacks-us-democrats-as-party-of-death/.

Of course, this is not the only time this year that Joseph Biden (at least indirectly, see Catholic Bishops Seem to Endorse McCain) and Nancy Pelosi (see CT Wrong, Nancy Pelosi Correct) have been condemned by any Catholic bishops.

But this has not seemed to change Joseph Biden.

In the vice-presidential debate last night, I specifically heard Joseph Biden speak in favor on the Roe v. Wade US Supreme Court decision that decided that US States could not prohibit abortion.  Sarah Palin took the opposing view last night (although I only heard her state that it was bad decision as it violate States’ rights).

Sarah Palin
Sarah Palin, Vice Presidential Nominee

And while the Vatican does not quite come out and support the anti-abortion vice-presidential candidate Sarah Palin, they certainly do not come out against her like they do Joseph Biden.

But since it is pretty much a sure thing that if the Democrats do not win the White House that the Republicans will, it appears that the direct slam against the Democratic leaders is a least a tacit endorsement of the Republican ticket of Sarah Palin and John McCain.

Perhaps I should add that although we in the Living Church of God are against abortion, the Church of Rome has allowed it throughout its history, beginning in the early portion of the third century.

Several articles of possibly related interest may include:

Which Is Faithful: The Roman Catholic Church or the Living Church of God? Do you know that both groups shared a lot of the earliest teachings? Do you know which church changed? Do you know which group is most faithful to the teachings of the apostolic church? Which group best represents true Christianity? This documented article answers those questions.
Abortion, the Bible, and a Woman’s Right to Choose Do you know what the Bible teaches on this?
Should a Christian Vote? This article gives some of the Biblical rationale on this subject. Would Jesus vote for president? Is voting in the Bible? This is a subject Christians need to understand.
There are Many COGs: Why Support the Living Church of God? This is an article for those who wish to easily sort out the different COGs. It really should be a MUST READ for current and former WCG members or any interested in supporting the faithful church. It also explains a lot of what the COGs are all about.

France Wants Greater EU Military

October 2nd, 2008

Nicolas Sarkozy, President of France
French President Nicolas Sarkozy

COGwriter

Nicolas Sarkozy, the president of France and the co-president of the Union of Mediterranean States (see Deal Leading to Psalm 83?) wants a stronger European military:

France Presses EU to Revamp Defense Structures
Deutsche Welle - Oct 1, 2008

EU defense ministers have kicked off a two-day meeting in France. The French would like to see member states overhaul the way they cooperate militarily. But is anyone lining up to salute?

As the defense ministers gathered in the French resort of Deauville, French President Nicolas Sarkozy, who also holds the European Union’s revolving presidency, set the tone for what he hopes will be a historical summit.

“How can Europe be a political power that speaks with a strong voice if it isn’t in a position to defend itself or take the appropriate measures to enact its defense policies,” Sarkozy asked rhetorically.

The main aim of the summit, which runs until Thursday, Oct. 2, is to create a rapid reaction force of 50-60,000 soldiers that could be deployed in the interests of EU security.

EU foreign policy chief Javier Solana also thinks the time has come for radical changes.

“One of the most important things the European Union has to do is to act in real time,” Solana said ahead of the summit. “If you have a crisis or a political problem in the world and you don’t deal with it rapidly, you waste time, money and the lives, probably, of people.”

France would also like to see the creation of a general chief of staff office in Brussels to oversee the force…Brussels and Moscow were in a clinch over Russian’s military incursions into Georgia…

Nonetheless, the Maastricht Treaty stipulates that the bloc have a common defense and security policy, and European military missions have proved successful in recent years.

Most notably, a 1,800-person EUFOR force has successfully taken over responsibility for maintaining peace in Kosovo from its UN predecessor. Backers of reform hope that could help overcome resistance by some member states, particularly Britain, to further integrating the EU’s military capabilities.

Back to NATO

Reform backers stress that a European force would be a supplement to, and not a replacement for, NATO. And NATO may be France’s best card for pushing through changes.http://www.dw-world.de/dw/article/0,2144,3683351,00.html

Russia’s attitude towards the EU and Georgia will undoubtedly have a role in the EU deciding that it has no choice but to have a much stronger military (see also European Fears and Military Ramifications).

Essentially, by combining European military forces, American military technologies (which it receives especially as part of NATO), its developing Galileo system (see EU Approves Galileo For Military Use), and what it will develop on its own (possibly also including from the Large Hadron Collider, see Why Prophecy? Because the World Will NOT End Next Week from the Large Hadron Collider), in several years the Europeans will become a major military power.

Especially as the USA finds that it cannot afford to have as much relative military might as it now has.

Several articles of possibly related interest may include:

Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
Persecutions by Church and State This article documents some that have occurred against those associated with the COGs and some prophesied to occur.
Some Doctrines of Antichrist Are there any doctrines taught outside the Churches of God which can be considered as doctrines of antichrist? This article suggests at least three. It also provides information on 666 and the identity of “the false prophet”. Plus it shows that several Catholic writers seem to warn about an ecumenical antipope that will support heresy.
Do Certain Catholic Prophecies About Antichrist Warn Against Jesus? Will the final “Anti-Christ” be Jewish, insist on Saturday, be opposed to the trinity, and bring in the millennium? Catholic writings indicate this, but what does the Bible show?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Two Horned Beast of Revelation and 666 This article explains how the LCG views this, and compares this to Ellen White.
Anglo - America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?

James Malm Admits Error, But Provides Another Wrong Date

October 1st, 2008


People Who Make Predictions Need to Be Sure that the Bible Supports those Predictions

COGwriter

In August 2008, in response to my posts related to him, James Malm contacted me and issued me a challenge (see James Malm Challenges COGwriter).

He had at his website and in one or more emails to me, insisted that the abomination should be set up by yesterday.  Here is some of what he wrote:

While the timing of this Festival is determined by the observance of the New Moon, the sixth day of this Festival is expected on 12 Apr 2012. Counting back from then, 1290 days, means that; the final false prophet we are awaiting, should be revealed around 30 Sep 2008 (Malm J. November 7, 2007 article titled “2008 in Prophecy).

Please, do not confuse me with R Weinland. I strongly disagree with most of what he says. For one thing I endeavour to provide scriptural backing for everything that I say. However I do say that 2008 is a critical year. As stated on the website I expect the Abomination (the man of sin) to be set up at the end of Sep and to go to the Holy Place within 75 days, triggering the occupation of Jerusalem. We shall know soon enough if I am correct! (Malm J. Email, December 2007)

I disagreed with James Malm in December 2007 (At Least Two Wrongly Claim Great Tribulation Will Begin in 2008) and also in 2008 (One More Pope?).

So, he issued me the following challenge:

Dear Robert
Yes, you did make a prediction. You predicted that nothing will happen. If something does then you will be the false prophet. Will YOU issue an admission that YOU were a false prophet? I will make a deal with you. If I have your promise to do so, then I will promise to issue a public admission that I have been wrong! Let me know!…James Malm

My response to him was:

If I am wrong, I will clearly admit it. So yes we have a deal. I hope that you will be clear if you were wrong.

(The challenge was also a news item titled James Malm Challenges COGwriter.)

Unlike Ronald Weinland (see Ronald Weinland Wrong, Again), James Malm never claimed to be God’s prophet and did issue an apology:

I have not seen any news concerning the possible empowerment of Pope Benedict on 30 Sep…

I have NEVER claimed to be an Apostle or Prophet or any such thing.  I have never claimed to speak with the Authority of God or His Christ in this matter.  I have continually encouraged everyone to challenge my conclusions and to question, to study, to use God’s Spirit and follow where it leads, to think and to learn and grow.
The truly important thing is to point all people toward Almighty God.  May His will be done!  I am making my mistakes and trying to learn and grow as well, I do feel that I should apologize for my mistakes and own up to them. When I make mistakes I may influence others wrongly.  I need to set things right and apologize for my shortcomings

I had trusted that when things did not happen by yesterday, that he would be more careful in the future.  And while he seems to feel that he is, in the same post yesterday, he also wrote:

The only possible years for the 1335 days to begin in the forseeable future are 2008 or 2009…

In short the last day of the 1335 days may occur on the day before Pentecost, making the Feast of Pentecost representative of a NEW BEGINNING IN THE KINGDOM OF GOD.  If this is true, and I shall study it further; the final False Prophet will be set up on 3 Oct 2009! (Malm. J. 2008 and Prophecy, 30 SEP 08).

I will go on record once again and state that the 1335 days cannot begin in 2008 nor in 2009.  The Bible and world events simply do not allow for this.  Do not be misled by him or anyone else on this (Why Be Concerned About False and Heretical Leaders?)

I have probably pointed out about ten times this year that the predictions of many related to 2008 were in error.  This is based upon checking the predictions with the Bible and world events.

As I have written many times, however, while the end will come, the Great Tribulation CANNOT BEGIN BEFORE 2012.

Those interested in learning more about why may wish to read the following articles:

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Is There A Future King of the South? Some no longer believe there needs to be. Might Egypt, Islam, Iran, Arabs, or Ethiopia be involved? What does the Bible say?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?