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Babylon and the Bailout

Posted by adventbiblestudy on October 6, 2008


Babylon and Egypt are the most common spiritual symbols used to describe the last days. If we compare the two there is an strange parallel concerning the economy, money, land and slavery. We could say today that lenders own people because they are so far in debt.

If you look at 2 Kings 24 and Genesis 47 you can see a pattern. First the money fails. We have already seen this happen today. Where did the money go in our economy today? We do not have any answers to that question. In 2 Kings the money went to Babylon. In Genesis the money went to Pharaoh.

KJV 2 Kings 24:13-20

13. And he carried out thence all the treasures of the house of the Lord, and the treasures of the king’s house, and cut in pieces all the vessels of gold which Solomon king of Israel had made in the temple of the Lord, as the Lord had said. 14. And he carried away all Jerusalem, and all the princes, and all the mighty men of valour, even ten thousand captives, and all the craftsmen and smiths: none remained, save the poorest sort of the people of the land. 15. And he carried away Jehoiachin to Babylon, and the king’s mother, and the king’s wives, and his officers, and the mighty of the land, those carried he into captivity from Jerusalem to Babylon. 16. And all the men of might, even seven thousand, and craftsmen and smiths a thousand, all that were strong and apt for war, even them the king of Babylon brought captive to Babylon. 17. And the king of Babylon made Mattaniah his father’s brother king in his stead, and changed his name to Zedekiah. 18. Zedekiah was twenty and one years old when he began to reign, and he reigned eleven years in Jerusalem. And his mother’s name was Hamutal, the daughter of Jeremiah of Libnah. 19. And he did that which was evil in the sight of the Lord, according to all that Jehoiakim had done. 20. For through the anger of the Lord it came to pass in Jerusalem and Judah, until he had cast them out from his presence, that Zedekiah rebelled against the king of Babylon.

KJV Genesis 47:14-22

14. And Joseph gathered up all the money that was found in the land of Egypt, and in the land of Canaan, for the corn which they bought: and Joseph brought the money into Pharaoh’s house. 15. And when money failed in the land of Egypt, and in the land of Canaan, all the Egyptians came unto Joseph, and said, Give us bread: for why should we die in thy presence? for the money faileth. 16. And Joseph said, Give your cattle; and I will give you for your cattle, if money fail. 17. And they brought their cattle unto Joseph: and Joseph gave them bread in exchange for horses, and for the flocks, and for the cattle of the herds, and for the asses: and he fed them with bread for all their cattle for that year. 18. When that year was ended, they came unto him the second year, and said unto him, We will not hide it from my lord, how that our money is spent; my lord also hath our herds of cattle; there is not ought left in the sight of my lord, but our bodies, and our lands: 19. Wherefore shall we die before thine eyes, both we and our land? buy us and our land for bread, and we and our land will be servants unto Pharaoh: and give us seed, that we may live, and not die, that the land be not desolate. 20. And Joseph bought all the land of Egypt for Pharaoh; for the Egyptians sold every man his field, because the famine prevailed over them: so the land became Pharaoh’s. 21. And as for the people, he removed them to cities from one end of the borders of Egypt even to the other end thereof. 22. Only the land of the priests bought he not; for the priests had a portion assigned them of Pharaoh, and did eat their portion which Pharaoh gave them: wherefore they sold not their lands.

What is this bailout plan? What are the details and how does it work? At this time there are very few details available. The actual law is not publicly available for review. The following article is a summary and an opinion that strangely fits the details of the above text. It will take a lot more study to show what exactly is happening.

Bailout plan is vast patronage under cover of martial law

By cpowell

Created 2008-09-20 18:35

2:19p ET Saturday, September 20, 2008

Dear Friend of GATA and Gold:

The Wall Street Journal story appended here discloses what seem to be the two crucial details of the Bush administration’s plan to rescue the financial system.

First, distressed securities would be purchased by the Treasury Department through a “reverse auction” system, in which sellers would set the minimum price they’d be willing to accept from the government. This would seem to create the most lucrative patronage imaginable, for there’s no telling how the government’s purchasing agents might decide what to buy and at what price. Indeed, since there is no market for these securities and the government itself will be making the market, purchases will be entirely a matter of government favor.

Second, the purchasing system would be, like the U.S. Exchange Stabilization Fund, beyond review by any court or other regulatory agency. That is, the system would have no accountability at all, unless, perhaps, Congress wanted to look at it eventually or change the law. In effect it would declare martial law throughout the U.S. financial system and the economy at large.

CHRIS POWELL, Secretary/Treasurer

Gold Anti-Trust Action Committee Inc.

KJV Revelation 18:10-18

10. Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come. 11. And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more: 12. The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble, 13. And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men. 14. And the fruits that thy soul lusted after are departed from thee, and all things which were dainty and goodly are departed from thee, and thou shalt find them no more at all. 15. The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing, 16. And saying, Alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls! 17. For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off, 18. And cried when they saw the smoke of her burning, saying, What city is like unto this great city!

Revelation 18 also contains details that may be describing this same event. Notice that there are nearly thirty items mentioned, all of them are connected to the economy. It is as if the Bible is telling us these people will be controlling everything. This also follows the same sequence of 2 Kings and Genesis, slaves and souls or men are mentioned last. These merchants were made rich by the spiritual Babylon and in one hour the riches were lost. How many points in history could match this description?

One Response to “Babylon and the Bailout”

  1. This bailout is just one more example of the indivisible handjob stroking irresponsible CEOs and CFOs with billions so that they can run the American economy even further into the ground. So much for Keynesian economics. If the goal is to stimulate the economy, why not give the money directly to the American taxpayers? We could do twice as much good for the economy by giving half as much money directly to hardworking American taxpayers. A bird in the hand is worth two in the bush administration.

    Like

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