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Sounding More Like A King, Pope Francis Lashes Out With Another Stinging Critique Of Global Capitalism

In a sweeping critique of global finance released by the Vatican on Thursday, the Holy See Pope Francis singled out derivatives including credit-default swaps for particular scorn. “A ticking time bomb,” the Vatican called them. The unusual rebuke of credit swap derivatives rarely reach the level of religious doctrine.

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Warren Buffett once called them “financial weapons of mass destruction.” Now Pope Francis, of all people, is taking aim at derivatives.

“For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.” Revelation 18:3 (KJV)

EDITOR’S NOTE: Pope Francis, who rarely misses a chance to miss the chance to preach the gospel of the grace of God, never misses the chance to pontificate on such biblical topics like global capitalism, credit default swaps and income redistribution. Not finding those topics in your King James Bible? Well, they’re not there, just like the office of a pope, a ruling class of priests, and a magic cookie that becomes the ‘body of Christ’ aren’t there either.  Ruling over Babylon is not enough for Francis, he desires to be the king that Revelation 17 says the Roman pope will be. 2018

In a sweeping critique of global finance released by the Vatican on Thursday, the Holy See singled out derivatives including credit-default swaps for particular scorn. “A ticking time bomb,” the Vatican called them. The unusual rebuke — derivatives rarely reach the level of religious doctrine — is in keeping with Francis’s skeptical view of unbridled global capitalism.

“The market of CDS, in the wake of the economic crisis of 2007, was imposing enough to represent almost the equivalent of the GDP of the entire world. The spread of such a kind of contract without proper limits has encouraged the growth of a finance of chance, and of gambling on the failure of others, which is unacceptable from the ethical point of view,” the Vatican said in the document.

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CLICK TO READ WHY THE CATHOLIC CHURCH WAS NEVER A CHRISTIAN ORGANIZATION

The critique echoes comments made by Buffett in 2003, when he criticized the “unchecked” expansion of the derivatives market. Francis has been a critic of Wall Street in the past. He has called for regulating speculative financial practices and reining in the “absolute power” of the financial system, which he said would bring more crises.

The Vatican said that in certain areas of the derivatives markets there’s an “ethical void which becomes more serious as these products are negotiated on the so-called markets with less regulation (over the counter) and are exposed more to the markets regulated by chance, if not by fraud, and thus take away vital life-lines and investments to the real economy.”

A similar assessment can be “applied for those uses of credit default swap (CDS: they are particular insurance contracts for the risk of bankruptcy) that permit gambling at the risk of the bankruptcy of a third party, even to those who haven’t taken any such risk of credit earlier, and really to repeat such operations on the same event, which is absolutely not consented to by the normal pact or insurance,” according to the document.

Income inequality is a priority concern for Francis, who has made humility a distinguishing feature of his papacy. He refused to live in the opulent Apostolic Palace, choosing a guest house for Church officials near St. Peter’s Basilica instead. He uses an old Ford Focus to get around the Vatican and Rome. source

 


 

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BLOODBATH: Shakeup At Department Of Homeland Security As Trump Pivots To Show Sympathetic Response On Murder Of Alex Pretti In Minneapolis

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President Trump is backpedaling furiously to stop the bleeding over at the Department of Homeland Security after recent Minneapolis street killings

The Trump administration is scrambling in the aftermath of the Minneapolis killing of Alex Pretti, a 37-year-old ICU nurse, shot by Border Patrol agents during what’s being described as part of Operation Metro Surge. As more video and witness reporting comes out, it has undercut key elements of the early federal narrative, and now the White House is trying to tamp down the fire with personnel moves and softer rhetoric. Trump is in the hot seat, rightly so, and he knows it.

“Hear the word of the LORD, ye rulers of Sodom; give ear unto the law of our God, ye people of Gomorrah.” Isaiah 1:10 (KJB)

So we get the headlines: Border czar Tom Homan dispatched, Border Patrol commander Gregory Bovino reassigned, and even reports of DHS restricting Bovino’s social media access—all the usual “optics management” that Washington does when a story won’t die. But here’s the problem: you can’t PR your way out of a moral collapse. The Trump administration is filled with cosplay poseurs like Pam Bondi, Kash Patel, Dan Bongino (who has failed out), and Kristi Noem who should be removed as quickly as possible. These are drastically unqualified people who are building incompetent departments stocked with poorly-trained people. Properly-trained officers would never have shot and killed those two people.

As I have said many times over the years, I think both ANTIFA and Black Lives Matter are domestic terror organizations, and if that makes you mad, too bad. But as an American who stands on the rule of law, shooting protesters dead in the streets is a bad look, a really bad look, and that has to stop. God forbid we ever normalize that type of behavior as a means of conflict resolution, for if we do, we are done as a nation. Third world countries execute their protestors in the streets, not us.

So Trump realizing that with multiple corpses on his hands, he needs to turn this thing around as quickly as possible. Border Patrol commander Greg Bovino was demoted and is leaving Minnesota. Tom Homan is taking over, reporting directly to Trump. Kristi Noem spent two hours in the Oval Office; her job status is unclear. Trump called Governor Tim Walz and said they’re on “the same wavelength.” A partial government shutdown looms Friday with reports saying that House Republicans can’t pass another DHS funding bill. Trump would do well to go watch the Reagan movie from last year, and learn a little something about how the office of the president should be conducted. I really miss Reagan.

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

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But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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NTEB PROPHECY NEWS UPDATE: The World Economic Forum Showed Us A World Working Furiously To Prepare For The Arrival Of The Biblical Antichrist

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From the New World Order at the World Economic Forum to the boots on the ground in Minneapolis, our world is undergoing a very rapid transformation

There was a repeating theme at this year’s World Economic Forum, and from the mouth of nearly all the speakers we heard the same thing over and over again. Every politician, every leader, and every tech titan and hedge fund mogul all said the same thing. But here’s the thing – what they didn’t know was that what they were saying was straight out of the King James Bible.

For God hath put in their hearts to fulfil his will, and to agree, and give their kingdom unto the beast, until the words of God shall be fulfilled.” Revelation 17:17 (KJB)

On this episode of the Prophecy News Podcast, we are living in astounding times, and made markedly more so when you look at it all through the prophetic lens of your King James Bible. We witnessed a New World Order, human implantable devices to buy and sell with, Artificial Intelligence calling the shots, robots taking over the work force, talk about a great reset. Over in the Homeland, civil war is fixin’ to break out in Minneapolis as Trump’s domestic army has murdered yet another American citizen. Just as the narrative in Venezuela very quickly shifted from narcotraffickers to oil, the narrative at home is also quickly shifting from immigration to domestic terrorism. The ground under your feet is no longer solid, Christian, and on this episode, we show you just have dramatically our global society is set to change in 2026, and what they have planned for us. That’s a signpost up ahead: your next stop…the Prophecy Zone! 

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But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

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OVER THE TARGET: Supreme Leader Of Iran Ayatollah Ali Khamenei Has Fled To Underground Bunker As Threat Of Airstrikes From The United States Heats Up

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Ayatollah Ali Khamenei has gone underground, reportedly hiding out in a bunker out of fear of being wiped out by US airstrikes — as the USS Abraham Lincoln steams toward the Persian Gulf.

We are living in a time of kings and kingdoms shaking before judgment, as neither flesh nor blood but principalities are visibly at war on the earth. In today’s headlines, there are multiple reports that Iran’s Ayatollah Ali Khamenei has moved to a fortified underground shelter because of the growing threat of military action from the United States, including a U.S. carrier strike group steaming toward the Middle East.

“And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet.” Matthew 24:6 (KJB)

The Iranian regime, for decades antagonistic to both Israel and the U.S., now faces internal collapse and external pressure. The Iranian Revolutionary Guard has bluntly stated its force has its “finger on the trigger” and remains ready to respond, while Iranian officials have warned that “any attack on Khamenei would be treated as all-out war.” Usually, Iran is just bluffing, and in an head-on confrontation they usually back down. But one of these days, mark my words, they won’t, and we’ll see some real damage done in the Middle East.

Iran’s supreme leader retreats underground, warned of likelihood of US airstrikes

FROM THE NY POST: The 86-year-old supreme leader has moved to a fortified shelter in Tehran connected to a series of elaborate underground tunnels after senior military officials warned of the increasing likelihood of an imminent US attack, Iran International reported, according to the Jerusalem Post.

Khamenei has left his youngest son Masoud Khamenei, 53, in charge of running the day-to-day management of the Islamic Republic, the Jerusalem Post reported. Masoud Khamenei’s emergency duties include being the primary communication channel with the regime’s executive branch, according to the report.

Iran has deemed the likelihood of US airstrikes to be high after President Trump announced Friday that warships were headed to the Middle East as a warning to the ayatollah, following a continuing war of words between the two leaders in recent days.

Trump boasted Friday that the US Navy was sending a massive “armada.”

The Abraham Lincoln Carrier Strike Group, which includes three destroyers, is currently motoring from the Indian Ocean to the Persian Gulf region of Iran, Stars and Stripes reported. Publicly, Tehran has not backed down from heightened tensions with the US as Iranian President Masoud Pezeshkian threatened to treat any attack against the supreme leader by the US or Israel as “an all-out war against us.”

It’s not the first time the supreme leader has holed up underground. Khamenei also went silent after retreating to a bunker last June, during the 12-Day War with Israel. He reportedly had even drafted a list of potential successors in the event he was killed in the short-lived conflict.

His latest X post this year threatened to go after both internal and international “criminals” who he claimed were responsible for the widespread protests that have gripped the nation since Dec. 28. Those protests — against a disastrous economy that came on the back of the worst drought the country has seen in decades — have seen regime forces gun down at least 3,000 civilians, with some groups claiming the death toll as high as 20,000. READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

nteb-free-king-james-bible-program-750-550

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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