the

TRUMPETweekly

SiloS PAGE 3 Hungry PAGE 5 ailing PAGE 6 SHock PAGE 6 korea PAGE 8
A DIGEST OF SIGNIFICANT WORLD NEWS FROM THE PHILADELPHIA TRUMPET STAFF FOR THE WEEK OF JUNE 26-JULY 2, 2011

Debt-strapped Greece
is about to hold an
epic yard sale.
Iran on Monday
unveiled underground
missile silos
for the rst time.
We have enjoyed
several decades of
practically unprecedented
abundance. No wonder we
take it all for granted.
For the nancial worlds
players, the autumn 2011
shock will literally be
the ground giving way
beneath their feet.
The United Nations
again made itself
an international
laughing stock.
T
he ongoing involvement of the North Atlantic Treaty
Organization (nato) in Libyas civil war has revealed
the alliance to be an increasingly imbalanced and
fctitious military organization.
nato started off strong enough. In the Cold Wars after-
math, the organization was dubbed the most successful
alliance in history because it had prevented the Russian
Army from crossing into Western Europe. The organization
has defned security in the Western Hemisphere for around
60 years, but the last few of those years have revealed deep
fssures in its integrity.
Outgoing Defense Secretary Robert Gates said on
June 10 that nato risks collective military irrelevance
because most of its members put so little toward defense
spending that the organization is not even able to defeat a
tin-pot dictator like Libyan leader Muammar Qadhaf. The
heart of natos problem, according to Gates, is a stagger-
ing imbalance in the defense contributions of the member
states.
The mightiest military alliance in history is only 11
weeks into an operation against a poorly armed regime in a
sparsely populated countryyet many allies are beginning
to run short of munitions, requiring the U.S., once more, to
make up the difference, Gates said in Brussels earlier this
month.
While all 28 nato members voted in favor of the Libyan
operation, less than one third of those countries have par-
ticipated in the strike mission. Gates explained the imbal-
ance, saying many of those allies sitting on the sidelines
do so not because they do not want to participate, but
simply because they cant. The military capabilities simply
arent there.
Even some of the nations that are contributing to the
campaign, like France and Britain, are quickly exhausting
their munitions supplies.
Gates said that nato has become a two-tiered alliance,
with the United States paying for 75 percent of the organi-
zations defense, and the other 27 member nations paying
for the other quarter. natos membership rules say that a
country must spend 2 percent of its gross domestic product
on defense in order to be a part of the alliance, but only
France, Greece, the UK and Albania hit this target.
The U.S., by contrast, spends a startling 4.7 percent of
its gdp on defense.
Gates called the disproportionate spending unaccept-
able, and cautioned Europe, saying the disparity will soon
whittle away Washingtons willingness to keep nato afoat
fnancially.
The consequences of naTos unraveling
Europe has heard warnings like those that Gates made
from Washington before. And it has dismissed them. But
the circumstances are different this time around. The
global stage has a new set.
eU nations are witnessing Chinas rapid rise, intensify-
ing volatility in the countries around the Mediterranean
and Middle East, and the inevitability of a nuclear Iran.
The multiplying threats may persuade EU states to view the
U.S.s eroding willingness to defend Europe more seriously.
Gates has criticized Europes limited military capabili-
ties because the U.S. is fed up with shouldering the lions
share of its defense responsibility. Washington wants Eu-
ropean nations to bolster their defense capabilities so that
the debt-ridden U.S. doesnt have to continue earmarking
billions of dollars that it doesnt have to provide defense for
Europe.
The U.S. will get its wish. Washingtons inept fnancing
has already prodded some European states to devote more
resources and effort toward building a European military
allianceone that is not dependent on the U.S.
Last month, Stratfors George Friedman wrote about
a new European military force that consists of Poland,
Slovakia, the Czech Republic and Hungary. He wrote the
following (emphasis added throughout):
On May 12, the Visegrad Group announced the forma-
tion of a battlegroup under the command of Poland. The
battlegroup would not be part of nato command. Since
the fall of the Soviet Union, the primary focus of all of the
Visegrad nations had been membership in the European
Union and nato. [T]hey believed that membership in
nato, with strong U.S. involvement, would protect their
strategic interests. Of late, their analysis has clearly been
shifting.
see UNRAVELING page 10
BY JEREMIAH JACQUES
The real ramifcations of
the unraveling naTo alliance
Middle east
I
ranian leaders are working to solidify ties with Afghanistan, Paki-
stan and Iraq in a move that highlights Irans goal of taking a lead
role in the region, the Wall Street Journal reported on Monday. At a
meeting in Tehran on June 24, Iranian President Mahmoud Ahmadine-
jad spoke to the presidents of Afghanistan and Pakistan about many
issues that might come up after the nato military force goes out of
Afghanistan, according to Iranian Foreign Minister Ali Akbar Salehi.
Tehrans overtures to these three key U.S. allies coincide with the U.S.
militarys withdrawal from the region. On June 22, President Barack
Obama announced U.S. plans to withdraw 33,000 troops from Afghan-
istan over the next 15 months. Previously, Washington announced that
it would pull all of its remaining 45,000 troops out of Iraq by the end of
2011. The U.S. is packing up and leaving, and Iran wants to fll the void
it leaves behind. Irans overtures to these three nations also come amid
rising tensions between the U.S. and the three separate governments.
Hundreds of Muslim extremists surrounded a Christian church in
the Egyptian village of Beni Ahmad and threatened to kill the lo-
cal priest on June 24. Hard-line Muslims had ordered the church to
stop restoration work and to expel the priest back in March. A similar
incident took place on June 25 in Awlad Khalaf in southern Egypt. The
Assyrian International News Agency reports that 200 Muslims torched
eight Christian homes. The news agency states that the Muslims were
acting on rumors that a church was being built. The police arrived
three hours after the looting and torching had ended, it reported. The
violence comes after the Egyptian government promised to deal with
this kind of anti-Christian violence after attacks on a church in the Im-
baba neighborhood of Cairo last month. While police arrested over 200
people connected with the attacks, a priest told a Wall Street Journal
correspondent that These are all simply gestures. The government has
made the gesture of arrests, of trials, but when you look at action, noth-
ing has happened. Even the churches they promised to reopen have
not been opened. Neither the current Egyptian government nor the
increasingly infuential Muslim Brotherhood have shown that they are
prepared to do anything about these anti-Christian attacks.
A new report by two French think tanks indicates that the West is on
the side of Islamic terrorists in the war against Muammar Qadhaf in
Libya. The report concludes that jihadists have played a predominant
role in the eastern Libyan rebellion, and that true democrats repre-
sent only a minority in the rebellion. It also found that the justifcations
given for Western military intervention in Libya were largely based on
media exaggerations and outright disinformation. The two organiza-
tions sent a six-member expert mission to Libya at the end of March to
evaluate the situation and consult with representatives on both sides
of the confict. The report reveals that the Libyan National Transitional
Council (ntc) is comprised of four factions: true democrats, which are
a minority; partisans of a restoration of the monarchy that was over-
thrown by Qadhaf in 1969; Islamic extremists seeking the establish-
ment of an Islamic state; and former fgures in the Qadhaf regime who
defected for opportunistic or other reasons. Many of the monarchists
are also Islamists. The president of the ntc is a traditionalist who is
supported by the Islamists, according to the authors of the report. The
al Qaeda-affliated Libyan Islamic Fighting Group is the main pillar of
the armed insurrection, the report says. Thus the military coalition
under nato leadership is supporting a rebellion that includes Islamic
terrorists, the authors write. No one can deny that the Libyan rebels
who are today supported by Washington were only yesterday jihadists
killing American GIs in Iraq. Trumpet editor in chief Gerald Flurry
pointed out on May 5 that nato is considering arming the rebels. Thats
practically handing Libya over to the radical Islamic camp! It appears
the current military campaign in Libya may well facilitate that country
THE TRUMPET WEEKLY July 2,2011 2
Found! king
Solomons Wall
another amazing edifce was
inaugurated in Jerusalem
last week. Situated just
outside the Old City in Jeru-
salem, the Ophel City Wall
site sits between the City
of David and the southern
wall of the Temple Mount.
Now open to the public, the
Ophel Wall features ancient artifacts dated to
the 10th century b.c., a period during which the
ancient kingdom of Israel experienced extraor-
dinary expansion under King David and his son
and heir, Solomon.
Among the Ophel discoveries is an impres-
sive edifcea 70-meter-long and 6-meter-
high wallconstructed during King Solo-
mons reign. Beginning today, visitors will
actually be able to walk through First Temple
remains, touch the stones, enjoy and study
about yet another period of the archeology of
the city of Jerusalem, announced Jacob Fisch,
executive director of the Friends of the Israel
Antiquities Authority.
Thats pretty incredible, when you think
about itbeing able to reach out and touch
a wall that King Solomon himself strolled by
daily 3,000 years ago!
Dated to the 10th century b.c., widely
esteemed archeologist Dr. Mazar has found
the wall mentioned in 1 Kings 3:1, which talks
of Solomon building his own palace, and the
house of the Lord, and the wall of Jerusalem
round about. This wall not only confrms the
presence of Solomon in Jerusalem, it confrms
the biblical narrative of Israel as a large and
advanced kingdom.
The city wall that has been uncovered
testifes to a ruling presence, Mazar told
the Trumpet soon after its discovery in 2010.
Its strength and form of construction indicate
a high level of engineering. Speaking at the of-
fcial unveiling ceremony last week, Dr. Mazar
stated again that the reality was that a very
highly skilled fortifcation and sophisticated
fortifcation was built by King Solomon.
Within the surrounds of the Solomon wall,
Dr. Mazar discovered other artifacts dating to
the First Temple period (10th-to-6th centu-
ries b.c.) and confrming the biblical narrative
of the presence of a major Israelite kingdom.
The Ophel site includes a large gatehouse, royal
edifces, a number of mikvaot (ritual baths) and
a dozen pithoi, or clay jars.
Looking at these discoveries, particularly
the massive and sophisticatedly designed wall,
its clear that it wasnt hastily patched together
by hillbilly sheepherders!

BRAD MACDONALD | Columnist
THE TRUMPET WEEKLY July 2,2011 3
falling to Islamists and into the Iranian orbitan outcome prophesied
by the Prophet Daniel.
WALL STREET JOURNAL | July 1
u.S. reaches out
to islamist Parties
T
he obama administration is reaching out to Islamist movements
whose political power is on the rise in the wake of Arab Spring
uprisings across the Middle East and North Africa. Speaking
to reporters during a visit Thursday to Budapest, Secretary of State
Hillary Clinton said the Obama administration is now seeking limited
contacts with Muslim Brotherhood members ahead of parliamentary
and presidential elections slated for later this year.
The Arab Spring revolts have loosed a democratic wave the U.S. both
favors and fears. The Obama administration believes the spread of
democracy will, over the long term, increase stability in a volatile re-
gion. But it also worries the popular backlash to decades of repression
by Washington-backed dictators could usher to power Islamist groups
hostile to U.S. interests.
The new overtures in Egypt and Tunisia refect the administrations
concern that if it waits too long, it will miss a window of opportunity
to build relationships, and gain leverage, with the next generation of
regional leaders. Should it fail to do so now, administration offcials say,
the U.S. risks pushing moderate Islamists further from the West and
closer to those such as Hamas in the Palestinian territories, Hezbollah
in Lebanon and the anti-American regime in Iran.
A senior Obama administration offcial said Muslim Brotherhood
members would also be eligible to participate along with other Egyp-
tian parties, if they choose, in U.S. taxpayer-funded political-party
training seminars. The offcial said the Brotherhood hasnt so far shown
much interest in taking part. The U.S. decision to approach both Egyp-
tian and Tunisian Islamists refects the strong possibility that their par-
ties will play a prominent role after elections are held in both countries.
Secular parties appear to be struggling to organize themselves, even
though secularists prompted the popular uprisings.
Though Egypts Muslim Brotherhood has long since renounced
violence, it is a lightning rod of controversy on Capitol Hill and in Israel.
Hamas is the Palestinian chapter of the Muslim Brotherhood, and
Egyptian Ayman al Zawahiri, who became leader of al Qaeda after Osa-
ma bin Ladens death in May, is a former Muslim Brotherhood member.
The group has a huge ideological and organizational footprint across
the world, with chapters and affliates in about 70 countries, some of
which have a history of violence. The U.S. has had contacts with the
groups offshoots in Jordan, Indonesia and elsewhere.
ASSOCIATED PRESS | June 27
iran unveils ready
underground Missile Silos
I
ran on Monday unveiled underground missile silos for the frst
time as it kicked off 10 days of large-scale war games, the countrys
latest show of military force amid a standoff with the West over its
Towards a
Sovereign union
the debt crisis has laid the foundations for
an economic governance that will acceler-
ate European integration. On June 2 in
Aachen, Jean-Claude Trichet, the president
of the European Central Bank, announced
that the EU should only have one fnance
minister. At the same time, he also called
for the transformation of the EU into an
unprecedented confederation of states
with a common budgetary policya vision
that amounts to a severe blow to national
sovereignty.
A super-fnance ministry, with the
power to veto certain public spending deci-
sions and to control the budgetary policies
and competitiveness of Europes member
states, as well as an EU fnancial sector that
is fully compliant with European rules: This
would amount to establishing a system for
the control of national budgets, at least for
those countries that have adopted the euro.
According to Trichets proposal, those
states would then become semi-indepen-
dent, perhaps to the point where they only
retained territorial autonomy. Nowhere in
any dictionary of politics has such a state
been defned. However, these proposals
are not exactly new. In response to the
Greek crisis, the plan is to make aid to the
Athens government contingent upon strict
supervision of the countrys fnances by the
supranational troika of experts from the
European Commission, the ecb, and the imf.
This is something that has never been
seen before in the EU. Greece, which has
come under pressure for the mishandling of
its fnancial affairs, is being forced to hand
over control of its budgetary policy to foreign-
ers: yet another step in the loss of sovereignty
which began when it joined the euro and
relinquished control of its monetary policy.
A common ministry of fnance and
budgetary policy would amount to a mental
and organizational milestone. In the wake
of such an initiative, European populations
would be more likely frst to sanction the
creation of a European energy ministry,
then to create European ministries for
defense and economic policy, and fnally to
establish a supranational government.
Make no mistake: The reinforcement
of EU structures is in the air, even if it is
not backed by a consensus in our societies,
and even if it is actively opposed by several
political movements. An economically
powerful EU, with a centralized military
command and uniform economic, fscal
and foreign policies, would be a superpower
in no uncertain terms.

PRESSEUROPE | June 27
disputed nuclear program.
State tv broadcast footage of deep underground silos, claiming that
medium- and long-range missiles stored in them are ready to launch
in case of an attack on Iran. The sites are widely viewed as a strategic
asset for Iran to launch a strike in the event of a U.S. or Israeli attack on
its nuclear facilities.
Col. Asghar Qelichkhani, a spokesman for the war games, said the
silos function as a swift-reaction unit. Missiles, which are perma-
nently in the vertical position, are ready to hit the pre-determined tar-
gets, he was quoted as saying by state tv. An offcer in Irans powerful
Revolutionary Guard, which is in charge of the missile program, said
Tehran has constructed numerous underground missile silos which
satellites cant detect. He did not elaborate.
The state television report broadcast footage of underground launch-
ing pads for the Shahab-3 missile, which have a range of more than
1,240 milesputting Israel, U.S. bases in the Gulf region and parts of
southeastern and eastern Europe within reach. The report also showed
pictures of missiles being fred from one silo after a large metal roof
opened to allow the missile to launch. The tv report said the missile
silos are linked to a missile control center.
Another unidentifed Guards offcer told state tv that only few coun-
tries in the world possess the technology to construct underground
missile silos. The technology required for that is no less complicated
than building the missile itself.
REUTERS | June 30
Pakistan ends u.S. use
of Base for Drone attacks
P
akistan has stopped the United States from using an air base
in the southwest of the country to launch drone strikes against
militant groups, the defense minister was quoted as saying, as ties
remain strained between the two countries. Pakistan has long publicly
opposed the missile attacks as a violation of its sovereignty, but has
in private given support including intelligence to help target members
of al Qaeda and the Taliban in the northwest region along the Afghan
border.
The Financial Times quoted Defense Minister Ahmed Mukhtar as
saying that Pakistan had ended U.S. drone fights out of Shamsi base in
the southwestern province of Baluchistan, long reported to have been
used for the covert war against militants. No U.S. fights are taking
place from Shamsi any longer. If there have to be fights from the base,
it will only be Pakistani fights, Mukhtar told the newspaper.
europe
T
he eUropean Commission on June 29 proposed that the European
Union raise its own taxes. The budget proposals include plans
for the EU to raise funds through a so-called Tobin taxa tax on
fnancial transactionsas well as through an EU-wide sales tax. Bud-
get Commissioner Janusz Lewandowski said these taxes could bring in
more than 40 percent of the EUs revenue. Britain, Germany and other
nations condemned the size of the new budget1 trillion, an increase of
5 percent on this years. This news ties into two trends the Trumpet has
been watching. The frst is Europes growth toward a superstate. The
THE TRUMPET WEEKLY July 2,2011 4
the financial crisis in Greece could have
worse consequences on the global fnancial
system than the collapse of Lehman Broth-
ers, according to statements made by Euro-
pean Union anti-bureaucracy czar Edmund
Stoiber on June 10. In an interview with
Focus, Stoiber recounted how he warned
against letting Greece in the eurozone in
the frst place.
I wanted a smaller eurozone, he remi-
nisced (translation ours throughout).
In a speech made three weeks earlier,
at the nrw Academy of Sciences, Stoiber
presented his solution to the crisis. We
can only defend the euro together, he
said. The next step is a common economic
policy. Only then can a transfer union be
prevented. In other words, like European
Central Bank head Jean-Claude Trichet and
others, Edmund Stoiber sees the need for a
pan-European fnancial authority.
Unlike most other European leaders,
however, Stoiber has actually been blunt
concerning the consequences awaiting eu-
rozone nations that do not get their fnan-
cial house in order. When a state refuses to
bring its fnances into order, then it should
be possible for the other members of the eu-
rozone to exclude it, Stoiber said last year.
With Greek citizens showing up en
masse to protest new austerity measures, it
is looking more and more likely that Greece
will not be able to get its fnances back on
track. If this is the case, the other members
of the eurozone may indeed exclude Greece
in order to stay afoat.
Like the late Franz Josef Strauss, both
Edmund Stoiber and his protg Karl-
Theodor zu Guttenberg share a dream of a
united Europe under the dual leadership of
Germany and the Vatican. If a nation like
Greece cannot be brought under the eco-
nomic governance of Germany, expect the
European Union to give it the cold shoulder
in favor of other nations that can be ruled.
As our editor in chief Gerald Flurry
wrote back in February, Germany will use
this crisis to force Europe to unite more
tightly. In the process, some eurozone
countries will be forced out of the union.
When that happens, the pundits will say
European unifcation is dead, that the
European Union has failed. Dont listen to
them!
Every country that leaves the EU puts
us one step closer to seeing the German-led
10-nation European superstate.
edmund Stoiber
calls for european
economic integration

THETRUMPET.COM | June 30
ability to raise its own funds through taxation is a major part of a states
power. Even if the EU only manages to enact a small sales tax, that is a
start; it will expand to take more taxation and spending powers from
member states, just as it has expanded its power in other areas. Secondly,
introducing a Tobin tax would be a direct assault on the City of London.
It would give the EU a small percentage of every single trade by Euro-
pean banks and other funds. With London being the fnancial capital of
Europe, this tax would disproportionally hit the UK. Eighty percent of
all hedge fund transactions take place in London. Already Britain has
surrendered oversight of key areas of its fnancial sector to the EU.
Germany and China agreed an estimated 10.6 billion (Us$15 bil-
lion) worth of trade deals in the past week as Chinese President Wen
Jiabao toured Europe. Germany and China held their frst joint cabinet
meeting as well as a meeting of over 300 business leaders as Wen
visited Germany June 27-28. On his tour, Wen also visited Britain and
Hungary. Trade between China and Germany will increase to 200 bil-
lion a year over the next fve years, German Chancellor Angela Merkel
and Wen agreed. In 2010, their bilateral trade was worth 130 billion.
China is currently Germanys third-largest trading partner. Germany
is a very important strategic partner, said Wen. Wen also told the bbc
that China would keep buying EU nations debt. While in Hungary on
June 25, he fnalized an agreement to buy more Hungarian debt. China
is expanding its store of euros, but has stopped buying dollars. China
has expressed support for Europe at various times. In other words,
when Europe is in diffculty we will extend a helping hand from afar,
Wen said during a news conference with Merkel. Wens visit helped
advance this economic cooperation.
The Greek Parliament approved unpopular austerity measures by
155 votes to 138 on June 29. Without the measures, Greece would not
have received more funds from the EU or the International Monetary
Fund (imf), causing it to go bankrupt within weeks. Meanwhile, riot-
ers clashed with police on the streets of Athens. They threw Molotov
cocktails and burnt buildings, while the police threw stones and tear
gas grenades. The economic crisis is far from over, and as the streets of
Athens show, still has the potential to stir up a lot of violence and unrest.
Six members of a group of nuclear smugglers were arrested in Mol-
dova, Moldovan police said Wednesday. The suspects said they worked
in former Soviet Union and Arab countries and claimed to be selling
bomb-grade uraniumthough this has not been verifed. Nuclear ma-
terial left over from the former Soviet Union continues to be an issue.
Christine Lagarde became managing direc-
tor of the imf on June 28. French newspaper
Liberation wrote: [T]he nomination of Chris-
tine Lagarde serves as a useful reminder of the
power of the eurozone. The fnance minister
didnt win because she is French but because
she symbolizes European Monetary Union.
Even violently shaken by the debt crisis, the
euro is a major player in maintaining the
stability, certainly with diffculty, of the global
fnancial system. Though the head of the imf
traditionally comes from Europe, this time
several nations wanted to break from that. They
didnt get their wish: Another European has become head of the imf,
showing Europes continued economic clout.
Agriculture ministers from G-20 nations held their frst-ever summit
in Paris June 22 to 23 to address the problem of high and unstable food
prices. The group produced an Action Plan that involves a system to
share information on food stocks, a program to produce global produc-
tion forecasts and a rapid response forum to deal with food crises.
The fact that such a meeting took place at all shows that world leaders
are worried about unusually high food prices. And high food prices are
a major cause of civil unrest.
THE TRUMPET WEEKLY July 2,2011 5
MARTIN BUREAU/AFP/GETTY IMAGES
Have you ever
gone Hungry?
stop a moment and think
about just how much you
take plentiful food for
granted. In the First World,
we have enjoyed several de-
cades of practically unprec-
edented abundancelimit-
less food variety, available
year round, at some of the
cheapest prices enjoyed on a mass scale in
human history. No wonder we take it all for
granted. This historical anomaly is the new
reality. The party can last forever, right?
Well, there is a catch. This period of
plenty has largely been sponsored by a
complete revolution in the way we pro-
duce and distribute what we eat. As we
have shifted away from being an agricul-
tural society, farmers have vanished en
masse. Now, the vast majority of us get our
food from hundreds or thousands of miles
away, and have only about a weeks worth
of groceries in the pantry. We are wholly
sustained by a complex system about
which we are almost completely ignorant.
And each step in this intricate process is
susceptible to major potential breakdowns,
making us dangerously vulnerable to mas-
sive disruptions in our food supply.
The concern now is, signs of those
breakdowns have started to appear.
In June the UN said that worldwide, the
cost of a typical food basket rose 48 percent
from a year ago. Global wheat prices have
more than doubled since the second half
of last year; corn, sugar and oil costs have
taken off. The G-20s agriculture ministers
met last week amid mounting evidence
that these high prices are only going to get
worsealong with food shortages.
The problem is very complex, says
Julian Cribb, author of The Coming Famine.
The population is increasing, more children
are being born and people are living longer.
At the same time, we are seeing shortages
of water, land, oil, fertilizers, technology,
stable climates and fnance. Essentially we
are asking a dwindling number of food pro-
ducers to double their output using fewer
resources while facing greater obstacles.
Cribb says, Achieving this will require
something not far short of a miracle.
My recommendation: Dont count on
that miracle. Instead, look into your Bible
and judge whether, in fact, present circum-
stances connect directly to its prophecies.
As Christ told us in Matthew 24:7, one sign
preceding His Second Coming is this: and
there shall be famines.

JOEL HILLIKER | Columnist
CHRISTINE LAGARDE
WALL STREET JOURNAL | June 28
ailing greece Tries
national Tag Sale
D
ebt-strapped greece is about to hold an epic yard sale. For the
taking: four wide-body Airbus jets, a state lottery, a state horse-
racing concession and sports book, stakes in a casino, several
ports, a national post offce, two water companies, a nickel miner and
smelter, a munitions maker, electricity and gas monopolies, a telecom-
munications operator, shares in a half dozen banks, hundreds of miles
of roads, a defunct airport, old Olympic venues and thousands of acres
of land, including magnifcent stretches of Greeces famed coast.
That wasnt what Greece had in mind when it began wrangling with
other eurozone countries and the International Monetary Fund for a
second dose of bailout money. But the nations rescuers are leaning
hard on Greece to come up with fresh cash. Selling off government
goodies, the rescuers hope, will raise 50 billion (about Us$71 billion)
by 2015. Every euro drummed up that way is a euro that Germany and
other healthy countries dont need to lend.
But fnding buyers for that grab bag of assets is likely to be a very tall
order. To make matters worse, many of the available properties have
already been offered for years, with no takers. Since 2000, Greece has
netted some 10 billion from privatization. Now it must do fve times
that much in less than half the time.
Greece has no choice but to try. Despite the 110 billion of bailout
money it already has received, it is running low on cash and needs an-
other 100 billion or so to pay its bills. The European Union and the imf
have made both privatization and budget cuts a condition for new aid.
Several of Europes other sovereign-debt patients are trying similar
medicine. Portugal is hustling to fnd buyers for its state-owned oil
company, electric utility, grid operator, airline, airports and a gov-
ernment-owned bank. In Ireland, a government commission in April
recommended selling much of the countrys electric utility, privatizing
ports, dumping the states remaining shares in Aer Lingus, disposing
of forestry assets and a company that makes power from peat, auction-
ing fshing rights and selling state tour-bus operators. Also potentially
on the block is Irelands National Stud, a thoroughbred farm that bills
itself as Our National Treasure.
Even Spain, which is in relatively better shape than the other three
nations, is planning to sell stakes in its national lottery and airports, in
case it needs the cash.
TELEGRAPH | June 28
germany replenishes
NATOs arsenal
N
ato has turned to Germany to replenish its arsenal of bombs
and missiles in a bid to keep the coalition together for the
campaign against Col. Muammar Qadhafs regime. With the
number of smart bombs dropped on Libya estimated at more than
2,000, some nato allies have seen their stocks dramatically depleted.
Both Denmark and Norway are understood to have asked for more
bombs through the nato Maintenance and Supply Agency and the Ger-
man Defense Minister Thomas de Maiziere has granted permission to
release stocks.
THE TRUMPET WEEKLY July 2,2011 6
on december 15, 2010, [we] anticipated the
explosion of Western government debt in the
second half of 2011. We were then describing
a process that would start with the European
government debt crisis and then set fre
to the heart of the global fnancial system,
namely U.S. federal debt. And here we are
with this issue at the start of the second half
of 2011, with a global economy in complete
disarray, an increasingly unstable global
monetary system and fnancial centers in
desperate straits, all this despite the thou-
sands of billions of public money invested
to avoid precisely this type of situation. The
insolvency of the global fnancial system, and
of the Western fnancial system in the frst
place, returns again to the front of the stage
after just over a year of political cosmetics
aimed at burying this fundamental problem
under truckloads of cash.
For the fnancial worlds players, the au-
tumn 2011 shock will literally be the ground
giving way beneath their feet .
The Anglo-Saxon fnancial operators
have played sorcerers apprentice for the
last year and a half and the frst headlines
in the Financial Times in December 2009
on the Greek crisis quickly became a so-
called euro crisis. Suffce it to say that 18
months later the euro is doing well while the
dollar continues its downward spiral against
major world currencies; and that all those
who bet on the collapse of the eurozone have
lost a lot of money.
[In] creating a global media and fnancial
environment ultra-sensitive to the issues of
government indebtedness, Wall Street and
the City have revealed the unsustainable size
of U.S., British and Japanese government
defcits. This has even forced the rating agen-
cies, faithful watchdogs of the two fnancial
centers, to engage in a mad race to down-
grade countries ratings. It is for this reason
that the United States now fnds itself under
the threat of a downgrade even though it
seemed unthinkable to most experts only a
few months ago.
Its no longer possible to downgrade A
without affecting Bs rating if B is no better
off. The assumptions that its impossible
for any particular state to default on its debt
have not withstood three years of crisis: This
is where Wall Street and the City have fallen
into the trap which threatens all aspiring
sorcerers apprentices. So today its the
U.S. Congress, with the bitter debate on the
debt ceiling and massive budget cuts .
last Warning
Before the autumn
2011 Shock

GEAB | June 16
Germany has expressed its general willingness to make available pre-
cision weaponry components, a German Defense Ministry spokesman
said on Tuesday. The move is politically sensitive as Berlin opposed the
fghting having abstained from UN Resolution 1973 authorizing force to
be used to protect Libyan citizens from Colonel Qadhafs forces. Guido
Westerwelle, the countrys foreign minister, has criticized the mission.
But nato sources said the move showed that the Germans were now
keen to make the point that they are part of the team. However it was
unlikely that the weapons would be a freebie and the Berlin govern-
ment would probably charge their allies. Despite having only six F16
jets each, Denmark has managed to drop more than 500 bombs and
Norway has launched 350 during the 100-day campaign.
By comparison the raf, which carries a more sophisticated array of
smart bombs and missiles, has dropped 480 precision munitions with a
force of six Typhoons and 12 Tornado GR4s.
EURACTIVE | June 24
croatia eus 28th Member
F
inally, with much delay and on the 20th anniversary of the decla-
ration of its independence, Croatia is expected to close six years
of long accession talks with the European Union. The European
Commission confrmed that Croatia has fulflled all necessary condi-
tions. In two years time, on July 1, 2013, Croatia will formally become
the 28th EU member state, enlarging the Union with an additional
56,595 square kilometers and 4.4 million citizens.
Of course some consider this a big success, since passing the fnish
line is always a success, even when you are late. Known mostly as a
tourist destination (with 11 million foreign tourists visiting it annually)
and a relatively successful sporting nation, Croatias membership of the
EU will not have a major effect on the Union. Its population is not as big
as Poland, not as small as Cyprus but rather similar to Ireland.
Croatia has special relations with Germany and many in the EU con-
sider Germany to be a kind of sponsor of Croatia within the EU. Germa-
ny was the biggest supporter of Croatian independence back in 1992 and
it was ready to recognize it without the support of other EU members.
This was not an easy move just two years after German unifcation,
when many others in Europe were suspicious of how a bigger Germany
would act at European
level. In Croatia they
were singing Danke
Deutchland and in
the city of Sibenik
a statue of German
Foreign Minister Hans
Dietrich Genscher was
erected. Germany
remained a supporter
of Croatia during ac-
cession talks .
asia
O
n monday, German Chancellor Angela Merkel and Chinese Pre-
mier Wen Jiabao attended the frst-ever joint cabinet meeting be-
tween Germany and China, and Wen said he will continue to back
purchases of European debt. Because China has around 26 percent of its
THE TRUMPET WEEKLY July 2,2011 7
Do we remember what happened in Yugoslavia?
Germany and the Vatican recognized the breakaway
republics of Croatia and Slovenia. Virtually the
whole world was against them, but Germany and
the Vatican prevailed. This led to a civil war and the
breakup of Yugoslaviathe pieces of which are now
virtually controlled by a German-led EU. That is only
a small beginning of the next resurrection of the so-
called Holy Roman Empire!
Gerald Flurry, Trumpet, July 2005
Deviance and
Perversity is normal
when i was working for the
Australian government in
that nations capital, Can-
berra, in the 1970s, an aca-
demic gave me a research
paper purporting to prove
that no human behavior
can be judged as deviant.
He had been a campus child of the 60s
at a prestigious university and had since
moved on to become a lecturer at Canber-
ra University and an occasional consul-
tant to the government. At the time, I did
not realize that he was part of a deliberate
strategy adopted by the socialist left in
Western society to penetrate and take over
all major institutions of government.
The strategy adopted by leftist radi-
cals was to have their graduate students
penetrate the establishment from within
and work to overturn every single moral
bastion on which the greatness of Anglo-
Saxon society had been built.
The result of this Cultural Revolution
has been a shattering of the moral core of
Western civilization, in particular within
its former moral leading lights, the Anglo-
Saxon nations.
Thus that which was formerly ac-
cepted as being anti-social behaviorthe
deviant, the perverse, the abhorrent, the
illegitimate and the shamefulbecomes
accepted as normal human behavior
and the law is changed to even entrench
such behavior in society and protect such
as whom engage in it.
The purveyors of perversion are igno-
rant of the truth that the human mind is
spiritual in essence. As such it is open to
the massive impact of spiritual battering
from a very perverse source, an intellect
far superior to that of man, yet corrupt at
its very core in the extreme.
The Word of God reveals that power
as Apollyon, which means destroyer. In
yet another instance he is revealed as the
god of this world, who has blinded man-
kind to reality, to the truth. It is he that is
the source of the complete perversion of
truth and of human behavior through the
cultural revolution of the 60s.
Thank God there is a far superior mind
that has established ultimate, unchange-
able reality, the eternal universal truths
that set the standard for correct human
behavior, that clearly defne our reason
for being and the tremendous potential
for which we have been created.

RON FRASER | Columnist
currency reserves in euros, Beijing is committed to the currencys stabil-
ity. If Europe has problems, we will lend a helping hand, Wen said. He
said that Beijing would be willing to purchase an appropriate amount of
the sovereign bonds of eurozone countries if the situation warrants such
an action. Merkel responded saying Germany will take care of solidarity
and solidity in the eurozone. Wen also underscored the important role
confdence can play in helping the European Union to correct its sover-
eign debt crisis. As Athens convulses, Beijing knows that holding euros is
risky, but it sees that holding dollars is far riskier. Expect China to uplift
the euro more and more as it edges away from the dollar.
Beijing and Moscow signed an agreement on Sunday permitting
bilateral trade to be conducted in their national currencies in a move to
decrease Russias and Chinas dependence on the U.S. dollar. The terms
of the deal say that Russian and Chinese companies will be able to
settle their business in rubles and yuans, and in the freely convertible
currency. The implementation of direct currency trading is viewed as a
consequence of rising bilateral trade between the two Asian giants. Last
year, bilateral trade between the two sides soared 50 percent to reach
an amount equivalent to $59 billion, making China Russias biggest
trading partner. Earlier this month, Chinese President Hu Jintao vis-
ited Russia and set the goals with Russian offcials to increase Russo-
Chinese trade to $100 billion by 2015 and $200 billion by 2020. Both
countries stand to beneft from the switch to trading in their national
currencies, but the move is an ominous sign for the ailing dollar.
WEEKLY STANDARD | June 29
north korea to Head
un conference on
Disarmament
O
n tUesday, the United Nations again made itself an international
laughing stockexcept perhaps to the American taxpayers who
continue to foot 22 percent of the billby appointing North
Korea chair of the UN Conference on Disarmament. That would be the
same North Korea that, according to an article this week by Sen. John
Kerry, head of the Senate Foreign Relations Committee, has twice
tested nuclear weapons is developing missiles to carry them has
built facilities capable of producing highly enriched uranium for more
nuclear weapons and has defed a UN arms embargo by exporting
weapons and sensitive technologies to rogue regimes.
Alas, Senator Kerry is also one of the lead champions of the United
Nations in the Senate.
North Koreas representative, So Se Pyong, was enthusiastic about
his new job. He announced that he was very much committed to the
Conference and that during his presidency he welcomes any sort of
constructive proposals that strengthened the work and credibility of
the Conference on Disarmament. He also said that he would do every-
thing in his capacity to move the Conference on Disarmament forward.
That might make sense, if by forward he means toward a nuclear
winter, or by constructive, he means steering clear of anything that
might impede North Korea.
North Koreas chairmanship was heralded by other UN afcionados,
including the Iranian delegate [who] told the Conference meeting: I
would like to congratulate the distinguished ambassador of the Demo-
cratic Peoples Republic of Korea for the assumption of the presidency
and assuring him of my delegations full support and cooperation.
Irans support is telling. Just yesterday Irans Revolutionary Guards
THE TRUMPET WEEKLY July 2,2011 8
chinese aircraft
carrier enters
geopolitical Tempest
the chinese navys frst aircraft carrier [is
about to] undertake its frst sea trials .
More importantly, the muscular new addi-
tion coincides with a tempest of new con-
ficts as China confronts its neighbors over
competing claims to potentially rich oil and
natural gas felds in the South China Sea.
Tensions have risen sharply in the region
in recent weeks as China has become more
assertive in claiming disputed waters. The
South China Sea has been nicknamed the
Second Persian Gulf because it is believed
to contain more than 210 billion barrels of
crude oil and more than 20 trillion cubic
meters of natural gas. But [Chinas] ambi-
tions are pushing it into fresh new con-
frontations with Vietnam, the Philippines,
Malaysia, Brunei and Taiwan.
The United States is being drawn in in-
directly, by having served as chief guaran-
tor of East Asias security since the Second
World War. Jim Webb, chairman of the
East Asia subcommittee of the Senates For-
eign Relations Committee, says a growing
number of nations around the South China
Sea are now voicing serious concerns about
Chinas pattern of intimidation.
In March, Chinese patrol boats shad-
owed and harassed a Philippine survey ship
as it sailed through contested waters. In
May and June, the Chinese navy severed
the seismic cables of a Vietnamese vessel
conducting tests on the ocean foor. Viet-
nam responded by conducting live-fre na-
val war games in the disputed region, while
the Philippines removed Chinese markers
from reefs and sand bars in the Spratly
Islands chain.
Those confrontations are being ac-
companied by escalating rhetoric and a
surge in nationalist demonstrations on
all sides. For its part, China has vowed to
deploy oil-drilling rigs in July in areas of
the South China Sea claimed by Beijing and
the Philippines, and is warning Washington
to keep out of the dispute. I believe some
countries now are playing with fre. And I
hope the U.S. wont be burned by this fre,
Cui Tiankai, the vice foreign minister, told
the Wall Street Journal last week.
That is where Chinas new aircraft carrier
comes in. Named the Shi Lang it gives
China the ability to project power far beyond
its shores and throughout the South China
Sea. It could also be used to defend sea lanes
that are crucial to Chinas world trade.
NATIONAL POST,
PETER GOODSPEED | June 29
tested 14 long-range missiles that could carry a nuclear weapon, with
the express purpose of hitting U.S. interests and Israel, according to the
head of their aerospace division. It was left to the Canadian delegate
to speak plainly. Canadas Marius Grinius said: [I]n the last 13 years the
Conference has failed to move forward on its core disarmament respon-
sibilities, including the negotiation of a Fissile Material Cut-off Treaty .
[T]he Conference on Disarmament is on life support. Indeed, it is not
negotiating anything and has not been for a very long time.
Why not just put it out of its misery and pull the plug?
anglo-aMerica
T
eachers and public sector works went on strike June 30 in Britain to
protest cuts to their pensions and government spending. Unions and
the government warn this could be the frst of many such strikes.
The government estimates that one in three schools were forced to close,
and another one in three were partially closed. Beforehand, unions esti-
mated that up to three quarters of a million people would join the strikes.
Britains government is spending far more than it can afford and its cuts
dont cut the governments debtthey just stop it from growing quite so
fast. With these kinds of protests triggered by even meager cuts, is there
any way Britain will be able to get its economy sorted?
Several cabinet ministers believe that Britain should leave the EU,
according to an article published in the Spectator magazine June 30.
Political editor James Forsyth wrote: Both Oliver Letwin, the prime
ministers policy point man, and Steve Hilton, Camerons longest-stand-
ing political ally, have been known to end meetings by saying, Well, the
only solution is to leave the EU. At least two cabinet ministers share
their view. Its not just the Tories on the Treasury bench who are
becoming more Euroskeptic. One senior backbencher tells me that he
expects a sizeable number of his fellow Tory mps to vote for Ukip (the UK
Independence Party) at the European elections in 2012. Among the new
intake of Tory mps, who make up nearly half the parliamentary party, it
is accepted that anyone who wants to be elected Tory leader will have
to promise to renegotiate Britains membership of the European Union
and put the result to a referendum. The British Conservative Party is
becoming increasingly Euroskeptic. Expect this trend to continue.
Hundreds of frefghters have been deployed to battle a wildfre near a
top U.S. nuclear weapons research lab in New Mexico. Nearby residents
have expressed concern that noxious fumes may be released into the
atmosphere if the fames reach the facility. But offcials are confdent the
fre will not reach the drums, and they say dangerous materials are safely
stored. The Las Conchas fre has now scorched over 100 square miles of
territory, fuelled by dry timber and powered by strong winds. Smoke from
the blaze can actually be seen from space. This massive inferno is but the
latest in a series of natural disasters that have hit the United States.
WASHINGTON TIMES | June 19
uSDa gay-Sensitivity
Training
U
.s. department of Agriculture activists want to impose their in-
tense brand of homosexual sensitivity training government wide,
including a discussion that compares heterosexismbelieving
marriage can be between only one man and one womanto racism.
THE TRUMPET WEEKLY July 2,2011 9
Mortal kombat
and the First
amendment
intellectUally, i understand the Supreme
Courts 7-2 decision that the First Amendment
protects the most violent of video games. Expe-
rientially, I dont. Its fne for the majority to say
parents have ultimate control over what their
children see, but how many members of the Su-
preme Court have experienced real life? Chief
Justice John Roberts said, I dont think any
of us have a Facebook page or a tweetwhat-
ever that is. But technology is making inroads.
It certainly is.
According to the Huffngton Post, at least one
justiceStephen Breyerhas a private Twitter
account, which he said he used to track the so-
called Green Revolution in Iran . But he told
a House Appropriations general government
subcommittee he was testifying in front of that
he had been unsure how to erase the account.
Justices live in an unreal world. They have
little experience with cyberspace and violent
video games. Justices enjoy security that pro-
tects them from the kind of assaults depicted in
games like Mortal Kombat and others in which
children are allowed to emulate school shoot-
ing sprees or virtually carry out assassinations,
decapitations, rape, torture and every other
unimaginable horror one human being can
infict upon another.
In his dissent, Breyer asked the right ques-
tion: What sense does it make to forbid selling
to a 13-year-old boy a magazine with an image
of a nude woman, while protecting the sale to
that 13-year-old of an interactive video game in
which he actively, but virtually, binds and gags
the woman, then tortures and kills her?
Justices should step out of their safety zones
and experience life on urban streets where
mortal combat is for real and shootings are as
commonplace as corrupt politicians. Where do
armed teenagers in roving gangs get the idea
that life is cheap and can be so easily taken
without regard to social mores?
Children arent born this way. They must be
taught these things, and if parents arent teach-
ing themor more accurately parent, since
fathers are usually absent and it doesnt take a
sociologist to see a connectiona violent and
life-denying culture is happy to fll the moral
void.
Does anyone believe Thomas Jefferson could
have foreseen a day when violent images of the
worst sort ought to be protected by the First
Amendment? When he wrote about freedom
of the press, did press mean blood and gore?
And if it did, should anything be banned?
Should any child be told no?
WASHINGTON EXAMINER,
CAL THOMAS | June 29
Friedman explained that this shift in analysis stemmed from the
Visegrad nations doubts about natos ability to protect them, and that
the Visegrad Group is becoming more focused on defense in response
to those doubts. He said the creation of the Visegrad Group provides
a view of how European nations perceive the status of nato, the U.S. at-
tention span, European coherence and Russian power.
It is not the battlegroup itself that is signifcant, Friedman wrote,
but the strategic decision of these powers to form a sub-alliance, if you
will, and begin taking responsibility for their own national security .
[I]t is signifcant that they felt compelled to begin moving in this direc-
tion.
His analysis also included speculation on how and when Visegrad will
expand and extend to include other European nations, and called the cre-
ation of the new battlegroup a punctuation mark in European history.
The nato alliance has defned security in the West for around 60
years, but it is now unraveling.
Americas complaints about bearing the bulk of Europes defense
burden were once driven by annoyance. But today they are driven
by true necessity and desperation. The U.S. is now in a fscal posi-
tion from which it could not project the real power required to defend
Europe, even if it desired to. European nations can plainly see that the
U.S. is now a bankrupt nation with a broken will. If Eastern European
countries have picked up on Americas fading capability and have
taken drastic measures to compensate for it, surely Western European
nations like Germany will soon follow suit. Germany taking drastic
measures to project European power independently will be bad news
for all involved.
To understand where this is leading, and how it is connected to the
most inspiring and awesome news a publication could ever proclaim,
read Germany and the Holy Roman Empire.
Usda offcials have asked the Offce of Personnel Management (opm),
which oversees all federal employee policies, to impose its gay-aware-
ness programs on all federal departments, according to an internal
newsletter. The training includes a discussion of heterosexism and
compares it to racism. It says people who view marriage as being
between only one man and one woman are guilty of heterosexism.
The push for the training is coming from Agriculture Secretary
Thomas J. Vilsack, former governor of Iowa. The Democrat has
launched a departmentwide cultural transformation that includes a
Lesbian, Gay, Bisexual, Transgender (lgbt) Special Emphasis Program.
The Usdas senior training coordinator, Bill Scaggs, has developed a
sensitivity program far more extensive than the Pentagons training
for the anticipated lifting of the ban on open homosexuals in the ranks.
His training program, which opm calls groundbreaking [and a] model
for other agencies, delves more into gay issues and terminology. It also
justifes pro-homosexual political positions.
Mr. Scaggs briefng for Usda employees is titled Including Sexual
Orientation and Gender Identity in Diversity. Slides used for briefng
presentations reveal topics such as courageous conversations and
What can I do to promote workplace diversity? One slide on gender
identity states: Individuals are conscious of [sexual identity] between
the ages of 18 months and 3 years. Most people develop a gender
identity that matches their biological sex. For some, gender identity is
different from biological sex (transsexuals).
Mr. Obama has courted the gay vote and campaigned on repealing
the militarys gay ban. In offce, he has decided not to defend in court
the Defense of Marriage Act, which Mr. Clinton signed and which de-
fnes marriage as a union between one man and one woman.
THE TRUMPET WEEKLY July 2,2011 10
UNRAVELING from page 1
Teach your children
to Handle Money
the average college freshman
will receive eight credit card
offers during just his frst
week of school. During 2010,
1.6 million students gradu-
ated from college. That same
year, 1.55 million people fled
for personal bankruptcy.
Meanwhile, the percent-
age of very happy Americans peaked
in 1957. Since then the fgure has steadily
declined despite most people consuming
twice as much.
Here are two more startling facts. Fifty-
two percent of teens say that when they
want or need something, they simply ask
for money from their parents or guardians.
And a whopping 41 percent of teens get an
allowance regardless of whether or not
they do any chores.
Can we connect the dots? An alarm-
ing number of highly educated adults
struggle to manage their moneysimply
because no one taught them how to man-
age money when they were young.
Proverbs says: Train up a child in the
way he should go, and when he is old he
will not depart from it.
Teaching youths how to handle money
is not the schools or the governments
responsibility. The Bible commands par-
ents to educate their children. Teach them
when you sit at home and when you walk
along the road, when you lie down and
when you get up (Deuteronomy 11:19). It
should be an everyday routine.
We as parents can help our children
learn important fundamental personal
fnance concepts that will pay dividends
for the rest of their life.
At Imperial Academya grade school
and secondary school run by the Philadel-
phia Church of God, which publishes the
Trumpet magazinegrade 11 and 12 stu-
dents take a personal fnance class. One of
the assignments they receive is to inter-
view someone from a previous generation
about their money habits.
You might be shocked at how much
America has changed over the past few gen-
erations. When you consider how much debt
America haspersonal debt, municipal debt,
state debt, and federal debtit is obvious
that many Americans have not taught their
children much of anything about money.
So make sure to set a good example,
which is the most important teaching tool
of them all. Whether you know it or not,
your children learn from you.

ROBERT MORLEY | Columnist