The BBC reported on Saturday that French President Nicolas Sarkozy will urge fellow G20 leaders to introduce a special tax to reduce risky behaviour by banks. It is amazing how a few men seem to feel that the world is their plum to do with as they please. The tax is to be applied to every financial transaction; can you imagine the trillions of dollars globalists would have to bring to the world under their control.
This is an old proposition first introduced in the 1970’s by US economist James Tobin.
The idea was resurrected last month by Lord Adair Turner, the chairman of Britain’s financial watchdog, as a way of buffers against another economic slowdown. Lord Turner told Prospect Magazine that, “such taxes have long been the dream of development economists and those who care about climate change – a nice sensible revenue source for funding global public goods.”
According to a BBC News correspondent, the notion of a Tobin Tax is likely to be referred by the G20 to the Financial Stability Forum – the club of the world’s top central bankers and financial regulators – to assess and translate into a workable set of rules to which all countries might be able to agree.
On the same day, President Barack Obama said tougher financial regulations are needed worldwide to protect consumers, provide economic stability and prevent future crises. There is a growing movement toward a one world economic system. It seems to me that this whole movement has passed the point of no return. Leaders have now taken for granted that it is inevitable, the attitude now seems to be, lets’ get on with it.
Kevin Hall emphasized the truth of this situation when he recently stated, “ One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and something new is rising from its ashes.”
Hall went on to say, “Congress and the Obama administration have lost faith in self regulated markets. Together, they’re writing the most sweeping new regulations over finance since the great depression. And in this ever- more-connected global economy, Washington is working with its partners through the G20 group of nations to develop worldwide rules to govern finance.
The stage is being set for a One World financial system. That one world financial system will be the groundwork for the one World Government that the European dictator, Antichrist, will impose at the mid-tribulation point. John gives us an insight into this one world economy, "And he causes all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of name." Revelation 13:16-17.
“And when these things begin to come to pass, (not when they are all fulfilled) , then look up, and lift up your heads; for your redemption draweth nigh,” Luke 21:28. Jesus wrote these words to His Own, if you are His, if you are in Christ, Look up! Listen up! The trumpet is soon to sound! Christ is soon to call His own home to heaven! “And if I go to prepare a place for you, I will come again, and receive you unto myself; that where I am (heaven) there ye may be also,” John 14:3.
We do not know what other beginning signs we may witness, but we do know that His coming is near, even at the doors.