THE WORLD ECONOMIC CRISIS OF 2008
By John S. Torell
Most of the people living in the world
today were born after the great depression of 1929 that lasted throughout
the 1930’s. We have been used to an expanding economy since the end of
World War II in 1945. During these 63 years, there have been a few hiccups
in the world economy, but it has always straightened out. However,
something has changed in 2008. First, the housing market burst and prices
tumbled. This was followed by hundreds of thousands of mortgage failures.
Then there was the sudden rise in oil prices, which spiked at $147 per
barrel and translated to $4.50 per gallon for gasoline. As all of us took
a hit in the wallet when we gassed up our vehicles; we moaned and groaned
with the realization that we did not have so much money to spend as we
Fannie May and Freddie Mack, the biggest
mortgage holders in the United States were collapsing, and before the
American people knew what was going on, the U.S. government took over
these private institutions and infused billions of dollars into them to
keep the housing market from completely collapsing.
This was followed by bank after bank
collapsing until President Bush spoke about infusing Wall Street with 700
billion dollars so that the entire financial market didn’t disintegrate.
Senators and congressmen were told to line
up and vote for this “one time bailout” program or the American dollar
would cease to exist and there would be no more money in the banks and no
more business loans, etc. It took three weeks to corral enough congressmen
to vote for this plan, and once President Bush had signed it into law, the
stock market in New York crashed and lost more than 35% of its value in
just one week. People lost their investments, pension funds were wiped
out, and those people who thought that they had saved money for their
golden years, found out that much of their savings did not exist any more.
As the economy began to slow down, the
demand for oil decreased and at the end of October, oil is now trading in
the range of $70 per barrel; a price drop of more than 50%.
We are told that the economy is in a
worldwide recession and people are going to lose their jobs as the economy
continues to slow down. Automakers in all nations are laying off workers,
car dealers are going out of business, stores are cutting back on
employees. We are now experiencing a domino effect that will not be fixed
in a short amount of time, if it can be fixed at all using the
conventional methods of the past. As people are laid off, they will have
less money to buy goods, which means that even more people will lose jobs
with no end in sight.
Does anyone know what is going on? Yes,
first of all, Jesus told us in the Bible about the coming Antichrist and
his world system of financial control. Secondly, secret documents that
were leaked from the meetings held more than 110 years ago with a copy
placed in British Museum, London
in 1905 tells us in detail what was planned to happen, what did happen,
what is happening now and what will happen in the future.
THE FINANCIAL PLAN BY THE WORLD GOVERNMENT
The meeting that laid the groundwork for
the future World Government was held in Basel, Switzerland in 1898 and is
known as the World Zionist Congress. Since this will be an extremely brief
article, I will quote from Article 6 from the working agenda of this
congress. The members were all Jewish and constantly refer to Gentiles as
“…We shall soon begin to establish huge
monopolies, reservoirs of colossal riches, upon which even large fortunes
of the goyim will depend to such an extent that they will go to the bottom
together with the credit of the States on the day after the political
“…In every possible way we must develop
the significance of our Super-Government by representing it as the
Protector and Benefactor of all those who voluntarily submit to us…”
By 1898, most factories and businesses
existed as local or regional entities. The large corporations of the time
were the British East Indian Company, Rhodes enterprises in Africa and De
Beers Mining Company in the southern part of Africa. In the United States
the railroad tycoons had just peaked in power, followed by the steel,
textile, paper, and lumber industries.
As of 2008, we are in a global economy
with the global corporations having a monopoly on everything from food,
oil, communications, banking, real estate, shipping, transportation, etc.
The huge monopolies envisioned in 1898 are now a reality in the world in
which we live.
Back to the document of 1898:
“…The aristocracy of the goyim as a
political force, is dead – we need not to take it into account; but as
landed proprietors they can still be harmful to us from the fact that they
are self-sufficing in the recourses upon which they live. It is essential
therefore for us at whatever cost to deprive them of their land. This
object will be best attained by increasing the burdens upon landed
property – in loading lands with debt. These measures will check
land-holding and keep it in a state of humble and unconditional
“The aristocrats of the goyim, being
hereditarily incapable of contenting themselves with little, will rapidly
burn up and fizzle out…”
The term aristocracy refers to royal
families, nobility (princes, dukes, counts, etc) and also the rich upper
classes in a nation.
The reader must keep this in mind that
this document was drafted in 1898. The kings of Sweden, Denmark,
and England at the time had been relegated to figure heads without any
political power. The royal house of France had been smashed in the French
revolution in 1792 and the main royal houses left in 1898 were in Austria,
Germany and Russia. By the end of World War I (1919) they had also ceased
to exist. The vast land holdings of the royal families left in the world
have been reduced to very small holdings.
The majority of the American elite
families of the 20th century have been relegated to obscure
roles, with most of them having lost all their power and fortunes (The
Whitney family, the Perkins family, the Stimson family, the Phelps family,
the Taft family, the Bundy family, the Wadsworth family, the Lord family,
the Gilman family, the Payne Family, the Harriman family, the Pillsbury
family, the Sloane family, the Astor family, and many more.) Of these old
American upper class families, only the Rockefeller family is still going
strong and richer than ever. The men in this family are still part of the
highest operations of the World Government and are members of the Council
of Foreign Relations, the Trilateral Commission and the Bilderberger
Any person can do some personal research
and find that the majority of wealth in 2008 is held by Jewish families in
different parts of the world who dominate banking, media (television,
radio, newspaper, magazine, books,movie studios, etc.), the support
businesses for the entertainment industry, manufacturing, etc.
Back to the document:
“…At the same time we must intensively
patronize trade and industry, but, first and foremost, speculation, the
part played by which is to provide a counterpoise to industry: the absence
of speculative industry will multiply capital in private hands and will
serve to restore agriculture by freeing the land from indebtedness to the
“What we want is that industry should
drain off from the land both labour and capital and by means of
speculation transfer into our hands all the money of the world, and
thereby throw all the goyim into the ranks of the proletariat [working
class, blue collar workers]. Then the goyim will bow down before us, if
for no other reason but to get the right to exist…”
Back in the 1800’s most factories were
owned by individuals or families. As I have brought out previously, credit
was hard to come by in the United
States after the Civil War because
the economy was contracted. This meant that printed money was called in by
the government and the paper notes were burned. This condition would
continue until 1913, when the Jewish international bankers were able to
ramrod the Federal Reserve System, a privately owned banking system that
runs the United States.
In order to obtain cash to expand
factories and businesses, stock markets were set up in the capitols of
different nations and private owners of the different businesses were
enticed to give up their private ownership and issue stocks to provide
them with much needed cash. They lost control over their enterprises as
their factories and businesses were transferred into speculation
(gambling), since the operators of the different stock markets could
manipulate the value of public stocks up or down. Most stock markets were
either owned or operated by Jews. The policies of these publicly held
companies shifted from quality to profit in order to keep the stock value
high and please the stockholders.
As the manufacturing industry was
developed in Europe and in the United States in the late 1890’s and early
1900’s, the population majority shifted from the countryside to the cities
where they were employed as laborers in the vast network of new factories
and one of the goals of the World government was met. During the stock
market crash in 1929 and the following depression, a large number of
farmers lost their land and were forced to move to the cities. Another
World Government goal was partially met.
In the 1960’s, the banks in the United
States enticed any remaining farmers to borrow heavily and
use their farms as
collateral in order to purchase the latest in farm equipment. The
loans were tied to the prime rate (4% at that time) that is set by the
Federal Reserve Board (FRB). In 1980, the FRB raised the prime rate to
20.35%, which meant the farmers were facing an interest rate of around
25%. The majority of them could not make their payments and the banks
foreclosed their farms and even more farmers lost their land.
Back to the document:
“…To complete the ruin of the industry of
the goyim we shall bring to the assistance of speculation the luxury which
we have developed among the goyim, that greedy demand for luxury which is
swallowing up everything.
“We shall raise the rate of wages, which
however, will not bring any advantage to the workers, for at the same time
we shall produce a rise in prices of the first necessaries of life,
alleging that it arises from the decline of agriculture and
cattle-breeding; we shall further undermine artfully and deeply sources of
production, by accustoming the workers to anarchy and to drunkenness and
side by side therewith taking all measure to extirpate [exterminate] from
the fact of the earth all the educated forces of the goyim.”
It is in the United States and Western
Europe that the standard of living for the working class arose
tremendously after World War II. The American working class became
accustomed to having at least two automobiles per household; no other
nation on earth has seen such a high ownership of homes by workers.
American households in 2008 have several televisions, cell phones, and
computers. They also have a fax machine, washer and dryer, refrigerator,
microwave, etc. The kitchens are full of electric appliances for baking
and cooking. Children have bicycles and toys of all kinds and each year
more toys are purchased.
Americans are used to eating out in
restaurants; the women have their hair and nails done on a regular
schedule. People go on cruise ships and travel with recreational vehicles
like motorcycles, snowmobiles and jet skis. Sports and recreation is a
huge industry in the United States, not to mention the billions of dollars
Americans spend on their pets. There can be no doubt that greed for luxury
is driving not only the working class but also the rich and famous.
Most people born after 1950 don’t know
about poverty except for those who have lost their jobs or are living in a
depressed area like the Rust Belt.
The people who drafted the policies of the
World Government in 1898 would be astonished if they could come back from
the dead and see how their plans succeeded.
Alcohol has always been a curse,
especially for the working class, where it destroys homes and the men and
women who use it from being able to hold down jobs. The Christian
community in the United States realized this, and during the early parts
of the 1900’s, there was a successful political movement to ban alcohol in
the United States. It was spearheaded by evangelist Billy Sunday and
eventually became the Eighteenth Amendment to the Constitution in 1919
until it was repealed in 1933. The repeal drive was organized by the
Democratic Party and bankrolled by the American Jewish bankers. As of
2008, alcohol still is a scourge in the
and around the world.
Let’s not forget the introduction of drugs
in the 1960’s by the CIA, which infiltrated the hippie movement and
introduced the use and production of LSD. From that time until now, the
use of drugs has put a curse on the youth of America and its use of
amphetamines and other designer drugs have put millions of young people in
early graves and cost the American economy billion of dollars in lost
Furthermore, the American factories that
were built up in the early part of the 1900’s and churned out a superior
production that made it possible for the American soldiers to smash the
Nazis and the Japanese empire but do not exist any more. The factory
managers began shutting down factories in the
after 1960 and moved them to Mexico, then to China, South Korea, Taiwan,
India, Bangladesh and a number of third world nations. The stockholders as
the owners had no say in the matter. America has been reduced to a nation
of service jobs and the only viable industries left are airplane
manufacturing, computer and software production and agriculture. The
American automobile industry is dying, and at this time, it is not known
if GM, Ford and Chrysler will survive. Let’s now forget that the
is the biggest exporter of military hardware in the world.
The people attending the congress in 1898
have succeeded beyond their wildest expectations!
Back to the document:
“…In order that the true meaning of things
may not strike the goyim before the proper time we shall mask it under an
alleged ardent desire to serve the working classes and the great
principles of political economy about which our economic theories are
carrying on an energetic propaganda…”
In Russia it was marketed under the name
“Communism,” in Germany it became known as the “Nazi Party,” in Italy it
was introduced as “Fascism.” In the Scandinavian countries they called
themselves “Social Democrats,” in the United States it is known as the
Democratic Party and in England they are known as the Labor Party.
Each demagogue of these different
organizations uses the same rallying cries of “down with the rich
capitalists” and “let the workers arise.” Labor unions were formed in the
West; but under Communism, Nazism and Fascism. the labor leaders were
Slogans during the last 100 years have
been the same with the call for higher wages, job security, ample
retirement funds, education for their children, along with welfare and
general health insurance. Is it a coincidence that the leaders of these
different organizations have mostly been Jewish? Senator Barrack Hussein
Obama, the latest pied piper, is a loyal front man for these Jewish
The Zionist World congress members of 1898
and their descendants take great pride in their achievements and now aim
to put the most liberal man of the Senate into the White House as the
President of the United States of America. If you listen to the promises
of Obama and compare them with the information I have just given you, it
can only lead to one question: How could the American people be so dumb to
give away their land and become peons and beggars?
WHAT CAN CHRISTIANS DO?
The bad news is that the Antichrist system
is closer than you think. Unless you are a born again Christian who
believes that the Bible is the Word of God, and exists in the English
speaking world as the King James Bible, you will be more or less clueless.
Let’s briefly lay out the future as we look at it as found in the Bible:
Abraham’s descendants gave
us Jesus, the Messiah and the Saviour of mankind. (Isaiah 9:6-7)
Abraham’s descendants are
also going to give the world the Antichrist who will be Jewish,
charismatic and a homosexual. (Daniel 11: 31-39)
Jesus told us that when the
man of sin comes on the scene, the world will be in chaos and in an
economic meltdown. (Luke 21:25-26)
In order to take dominion
over the entire world, there must be an organization that is working
behind the scenes to set the stage where they can present the world
population with a global solution. The most basic need of man is food. If
there is no food, it won’t matter how much material wealth a person has.
Thus, the organization must first create a crisis and then propose a
solution. If people knew in advance that an organization was behind the
chaos, they would never accept the offered solution. Thus, it has to be
done with deception. (2 Thessalonians 2:1-12)
It is in the Book of
Revelation that we are given a clear picture of a society under total
control. The World Government has worked toward this goal for the last 500
years and we are now seeing the culmination of these carefully laid plans.
The final details can be found in chapter 13 of the Book of Revelation.
Food will be the controlling
factor in the Antichrist kingdom; without the Mark of the Beast there
won’t be any buying or selling taking place. In the Flaming Sword
newsletters of September and October 2008, I have written two articles
dealing with food, vaccine and drugs. When you read these two articles,
plus the one you are reading now, there is enough information for you to
understand that the Antichrist system is just about to close the trap door
on the human population. We have walked into a trap and there is no way
out. When the door closes, we have moved into the time that the Bible
calls “The Great Tribulation.” (Matthew 24:21-24)
You and I have no control over the money,
jobs and homes we live in. We are in a system of credit and when the
system comes crashing down, there is nothing we can do in the flesh.
NO PLACE TO HIDE EXCEPT IN JESUS
There is no safe place to which we can
flee on the earth. There are no safe investments, even in gold, silver or
diamonds. Try to withdraw $5,000 in cash from your own savings account and
you will be told to fill out a special form before they will give you the
money. Sometimes you even have to order the cash withdrawal in advance
because most banks don’t carry that much cash.
Even if we horde food, fuel and other
supplies and try to flee into the wilderness, we would still run out of
supplies eventually. We are in the end times and the question is when will
the Jewish World Government pull the plug on our economy? The good news is
that they can only do it when God gives them permission. (2 Thessalonians
During the month of October, the stock
markets around the world are going down faster and faster, even the
commodity market is crashing and gold and platinum are losing their value,
as a determined unseen hand is depressing prices.
Have you ever asked or wondered who is
buying all the stock when people are panicking and selling off their stock
at a huge loss? The unseen hand of the World Government is eagerly buying
up the stocks as they lose value, and in this way the factories,
businesses, etc., are being transferred from the goyim to the Jewish World
CHRISTIANS MUST INVEST IN THE KINGDOM OF GOD!
This is not the time to be depressed; this
is the time to rise up in the name of Jesus and do the work of God as long
as we can. Jesus has warned us about the day that is coming.
“I must work the works of
him that sent me, while it is day: the night cometh, when no man can
work.” (John 9:4)
The night comes in two ways,
first when a person comes to the end of his life, and he is taken off this
planet. The other is when the Antichrist comes in full power.
Let me leave you with this
mental picture: All of us living in the United States have seen on our
television screens when a huge hurricane is moving toward our nation. On
the satellite pictures we can see these huge storms covering a vast
portion of the ocean. We have seen people living in the area where the
hurricane is predicted to hit and before it comes, the waters begin to
churn, the wind is blowing and it is obvious that the storm is getting
closer. So it is with the Antichrist system. We can now see the waves
and feel the wind.
SALVATION IS A MUST
If you are not a Christian,
you are in terrible trouble! First of all, there will be no spiritual
protection for you and you will be absorbed by the Antichrist system, and
later when Jesus comes back to set up his kingdom on this earth, you will
end up in hell and later in the Lake of Fire. (Revelation 20:10-15)
If you are not born again
and you want to be saved right now, I am including the plan of Salvation
as found in the Bible. Please take the time to read it; your decision will
affect you forever!
Acknowledge you are a sinner who needs to
be saved and that you cannot save yourself.
“For all have sinned, and come short of
the glory of God.” (Romans
“But God commends his love toward us,
in that while we were yet sinners, Christ died for us.”
“For the wages of sin is death: but the
gift of God is eternal life, through Jesus Christ our Lord.”
“For by grace are you saved, through
faith; and that not of yourselves: it is the gift of God: Not by works
lest any man should boast. For we are his workmanship, created in Christ
Jesus to good works, which God has before ordained that we should walk in
them.” (Ephesians 2:8-10)
Believe that God loves you and desires to
forgive you, believe that Jesus Christ is the Son of God and that He is
the only way to heaven.
“For God so loved the world, that he
gave his only begotten Son, that whosoever believeth in him should not
perish, but have everlasting life. For God sent not his Son into the
world to condemn the world; but that the world through him might be
saved.” (John 3:16-17)
“Jesus saith unto him, I am the way,
the truth, and the life: no man cometh unto the Father, but by me.”
“For whosoever shall call upon the name
of the Lord shall be saved.”
“If my people, which are called by my
name, shall humble themselves, and pray, and seek my face, and turn from
their wicked ways; then will I hear from heaven, and will forgive their
sin, and will heal their land.”
(2 Chronicles 7:14)
“And be ye kind one to another,
tenderhearted, forgiving one another, even as God for Christ's sake hath
forgiven you.” (Ephesians 4:32)
Confess and repent of your sins to God,
tell Him that you are sorry and want to be forgiven.
“If we confess our sins, he is faithful
and just to forgive us our sins, and to cleanse us from all
unrighteousness.” (1 John 1:9)
“That if you shall confess with your
mouth the Lord Jesus, and shall believe in your heart that God has raised
him from the dead, you shall be saved. For with the heart man believes
unto righteousness; and with the mouth confession is made unto salvation.
For the scripture says, Whosoever believes on him shall not be ashamed.
For there is no difference between the Jew and the Greek: for the same
Lord over all is rich unto all that call upon him. For whosoever shall
call upon the name of the Lord shall be saved.”
If you read this and realize that you are
hopelessly lost, that there is nothing you can do to earn your way into
heaven, all that remains to do is to ask God to save you. If you ask, God
Dear Lord Jesus, forgive me of my sins,
cleanse my heart of all sin and wickedness, come in to my life and be my
Lord and Savior. I believe you shed your precious blood on the cross; you
died and rose again on the third day for me. Save me Jesus, I know I
can’t save myself. Thank you for giving me eternal life and a place in
heaven with you. Amen.
If you just went through the ABC's of
salvation and asked Jesus to save you, you are now a Christian! You have
become born again and are a new creation in God's eyes! Contact us if you
need further help.
Remember this, what Jesus has done in the
past, He will do in the future. If you call out to Him, He will answer
you. What He will do for one person, He will do for another. God is not a
respecter of persons and He doesn't show favoritism. He will help anybody
who calls out to Him.
“Jesus Christ the same yesterday, and
to day, and for ever.” (Hebrews
If you are a born again
believer in Christ and cave in and take the Mark of the Beast, you will
lose your salvation and be damned forever to burn in the Lake of Fire.
This is the only time a believer in Christ can lose their salvation. For
years I have been warning people, regardless how bad it gets, how hungry
you are, how much pain you are in, DO NOT take the Mark of the Beast!
CAN THE COMING OF THE ANTICHRIST BE POSTPONED FOR A
I believe so. If God’s
people are willing to repent, and turn from their lukewarm condition and
start to witness, pray, fast, invest money in God’s genuine work and not
to greedy television evangelists, we just might get some more time to work
the works of God.
If enough people get the
understanding of what is happening to our economy and demand
investigations and criminal indictments of those who have manipulated the
financial markets, we might gain some additional time that way.
If you are one of these
Christians who believes in a pre-tribulation rapture, you will be deeply
disappointed and your faith will be shaken to the core by what you see and
hear. I believe that Christians will have to face part of the tribulation
period and should prepare ourselves for it. We can still prosper until the
trap door closes and it is entirely possible to get some people out of the
trap, saved and filled with the Holy Spirit.
You need to educate
yourself; first, in the Bible and then what is happening in the world. I
will close with this passage from the Bible:
“But Jesus beheld them,
and said unto them, With men this is impossible; but with God all things
Then answered Peter and
said unto him, Behold, we have forsaken all, and followed thee; what shall
we have therefore?
And Jesus said unto them,
Verily I say unto you, That ye which have followed me, in the regeneration
when the Son of man shall sit in the throne of his glory, ye also shall
sit upon twelve thrones, judging the twelve tribes of Israel.
And every one that hath
forsaken houses, or brethren, or sisters, or father, or mother, or wife,
or children, or lands, for my name’s sake, shall receive an hundredfold,
and shall inherit everlasting life.
But many that are first
shall be last; and the last shall be first.”
Volume 10, 2008