Preparing the Bride of Christ For His Return By Janet Van Hierdan
A Tale of Two Brides is now available on Amazon.com:
Sunday, July 28, 2013
Babylon is Falling Down, Part 8
Howdy! How're Y'all doin'?
Oops. Guess I'm not back in Texas, but I was just
reminiscing with folks in our fellowship this past weekend how the coffee motif
came about for these articles. Thought
maybe I'd share it with you briefly before we get back into today's discussion.
The
whole coffee thing goes back to my early youth.
My mother was nearly full blood Finnish (her folks emigrated from
Finland) -- and everyone knows how the Finns like their coffee. Mom used to kid me about the fact that as a
four- and five-year-old I would go around the table after she had entertained
guests and drink up all the coffee left in the coffee cups. Anyway, my "appreciation" for
coffee has been a standing joke.
The
coffee motif really began to take hold, however, in 1983. I was pastoring The House of Praise in
Fairbanks, and heading up operations for the Christian Broadcasting Network in
Alaska. The ten-year-old (at that time)
vision for a modern-day Tabernacle of David (which I've shared on several
occasions throughout the years in these Coffee Breaks) seemed to really be
taking hold in our fellowship, and I'd begun to think it was going to really
come to fruition.
One
morning a black lady from South Carolina comes walking into my office at
CBN-Alaska. "I was driving the
highway and coming to Alaska for a vacation," she begins, "when the
Lord speaks your name to me and tells me where to find you." My curiosity was really piqued, to say the
least. I'd never had anything like this
happen to me, and I really came to attention in my chair.
"The
Lord gave me a Word that I'm supposed to deliver to you," she continues,
and sets a gift-wrapped box in front of me on my desk. I looked at the box in surprise and she says,
"Open it. That's part of the
message I'm supposed to deliver to you."
OK. This is really getting
different! To my surprise it was a
coffee mug. What made this interesting
was the inscription: "For the vision is yet for an appointed time...."
The
lady didn't really have to say anything more.
I knew where this was going.
Nevertheless she continued. "Write
the vision, and make it plain upon tables, that he may run that readeth
it. For the vision is yet for an appointed time, but at the end it shall
speak, and not lie: though it tarry, wait for it; because it will surely come,
it will not tarry." It was a quote from
Habakkuk 2:2-3. Without a further word,
she turned and walked out of my office.
I never saw her again.
That
simple prophetic message marked a major turning point in my life. The inscribed coffee cup was constant
reminder that there was an appointed time for the vision to be fulfilled. The coffee theme has pretty much been with me
through the years ever since.
OK. Time to get back to our discussion on
Babylon.
When
we left off last week, we were talking about the gold that was found under the
streets of Baghdad in 2003. Let me back
up 20 years before that event to a vision that Ronald Reagan had of seeing
America debt free and operating for at least a generation to come without being
under the heavy tax burden this nation has suffered. It bears directly on where I'm going with
this discussion.
In
1983, Reagan saw the ongoing cold war with the Soviet Union as a blight on the
world, and a continuous threat to America's safety and stability. He called on a close friend and confidante,
Leo Wanta, (who was a financial whiz) to devise a plan to bring the Soviet
Union to its knees. Wanta's plan was to
utilize seed money from the U.S. Treasury to begin buying up the Russian Ruble
and then manipulate it in the currency markets to devalue it, thereby severely
crippling the Russian (and Soviet) economy.
The
plan worked. Lots of conspiracy stories
and theories abound regarding the events that transpired, but very simply over
a period of several years, Wanta's endeavors created a fund of an estimated $25
Trillion. Reagan was out of office by
the time Wanta's labors were finished, but we indeed saw the breakup of the
Soviet Union. George H.W. Bush succeeded
Reagan and the plan was to use Wanta's fund to pay off the national debt and
create a surplus that would have eliminated virtually all federal taxes.
Wanta's
efforts, however, were sabotaged and his life threatened. The fund he created was subsequently hidden
and he fled the country. His whereabouts
were discovered unfortunately and he was seized and imprisoned for some seven
years before friends helped him to escape.
Fast
forward now to 2002. George W. Bush is
in office. He is aware of Reagan's plan
and vision to free America from its burden of debt, and he is on board with
it. Bush, however, devises a plan that
will not only help this nation get out of debt but also assist other nations in
gaining some economic stability and recover (at least for the immediate future)
from their financial crises. At the same
time, Bush wants Americans to individually prosper and be set on a course for
prosperity for many years to come.
Meeting
with the economists and the leading bankers of the world who make up the
International Monetary Fund a set of protocols gets created with an expected
ten-year period in which to enact these plans.
The protocols get a name: Basel III.
It has come to be known as the Global Currency Reset (GCR).
Now,
we come to 2003 and the events which unfold with the Iraqi war, the deposing of
Saddam Hussein, the discovery of all the gold that Iraq possesses (that
seemingly no one knew about), and the fact that Iraq -- until Saddam was
deposed -- had the most valuable currency in the world. With the imposition of UN sanctions and a
freeze on the tradability on FOREX markets of the IQD (the designation for the
Iraqi Dinar), the US-led war in Iraq opened up a whole new arena for the Bush
administration, the IMF, and the Basel III Protocols.
An
Iraqi national -- Dr. Sinan al Shabibi -- working with the United Nations as an
economist, and famed in international monetary circles for his financial
prowess, was selected to take over the Iraqi Central Bank and brought in from
his post in London to oversee the repair and restructuring of the Iraqi
economy, AND the Iraqi currency. By this
time the Iraqi Dinar had sunk from its high of $3.32 against the U.S. Dollar to
a low of 4,000 to the USD. A promissory
note which was based on the compliance with each of the sanctions previously
imposed by both the UN and the IMF was signed off by Dr. Shabibi and the
then-Deputy Governor of the Central Bank.
President
Bush appeared on national television that year to inform the American public
that the war was fully paid for, and that the nation would incur no
indebtedness as a result of the Iraq War.
He was roundly criticized and attacked by many for making that
statement, but it wasn't possible at the time to explain to the world what was
taking place behind the scenes.
The
Bush administration then seeded Dr. Shabibi some $400 Billion in order to kick
start the repair of Iraq's economy, and in exchange the U.S. Treasury received
something on the order of 16 Trillion Dinars to hold towards the day when that
currency would be restructured and revalued.
Without understanding some of the tenets of the Basel III Protocols,
however, this would seem to have been a foolish move without any end in sight
for the revaluation and restructuring of the Iraqi currency.
I
don't want to get into any of the minutiae of the Basel III Protocols, but let
me identify a few items of immense importance.
1. A total of some
200+ currencies exist worldwide. 198 of
those currencies were selected for restructuring, revaluation, realignment with
the rest of the world currencies, and/or devaluation, depending on the next
part of the procedures laid out.
2. It became
important to identify for each nation a list of its assets on hand, as well as
future usable assets. Prior to the U.S.
Dollar going off what was left of the gold standard in 1973, currencies
worldwide were generally pegged to the U.S. Dollar, which in turn was pegged
fractionally to the amount of gold being held on reserve at Fort Knox. By 2002, it was already clear that there
wasn't near enough available gold in the world to back all of the world's
currencies, so a new asset mix had to be developed by which the value of each
nation's money supply could be backed.
3. Each nation had
its own individual asset mix, and a value had to be assigned to each
asset. The U.S. Dollar had been so
watered down by the continual printing of "fiat money" (what I've
come to call "funny money") without any real backing that even by
combining available gold supplies with silver, platinum and other precious
metals, along with oil, natural gas and agricultural products, American money
was going to take a hit against other currencies, and a serious one at that.
(**see note following this list.)
4. Iraq was the only nation
capable of fully backing its currency 100% by gold, never mind the fact that
the nation is rich in silver, platinum, oil, natural gas, various minerals and
water -- a huge asset in the middle east!
Once the changes had taken place in Iraq's government, a new provisional
government put in place, and a path established for bringing the nation back to
some kind of local, regional and world stability, the Basel III Protocols had a
new asset available to them for stabilizing other major currencies.
5. A process and a
timetable were put in place to activate these protocols. Central Banks would be initially required to
have no less than 10% of their outstanding currency backed by the nation's
asset mix. That ratio of 1:10 would
increase correspondingly as the nation's economy revived. 2012 was established as a target to
accomplish things. The IQD (now to
become the IQN) would become the pivot currency and the new reserve currency
for many nations. (That ratio of 1:10 is
what was in force back in the 80's when I was in international banking.)
6. Because Iraq had
become such an important lynchpin in this whole process, new banking software
was created for the world's banks which would allow for the variable asset
backing of each currency and its shifts from time to time as the respective
values of each currency's backing assets changed. That software was named appropriately
"Babylon I" (and the confusion in all the currency changes certainly
rooted it in "Babel.")
7. Babylon I just
didn't cut it and the IMF had to start all over again. The new currency -- and this is the software
which was implemented earlier this year and currently runs in all banks
worldwide -- was renamed, "Babylon II." There were lots of glitches still when this
software was first installed, and many trials filled with error finally brought
them to a solution that worked for everyone.
**
Because the Iraqi currency is the only fully gold-backed currency in the world
(and I am told that Iraq could support a rate of $4.40+ against the USD and
still be 100% gold-backed) it became clear years ago that the United States
Treasury would need to hang onto a substantial amount of the IQD/IQN in its
reserves in order to provide sufficient gold-backing -- in addition to the
nation's other assets -- to support the new U.S. Dollar. Nevertheless, there was still more than an
ample supply of Dinars to exchange at an agreed-upon schedule and rate in order
to pay off the war debt in Iraq and Afghanistan (totaling some $5 Trillion) in
accordance with Bush's promise, and still be able to move the nation forward
towards debt-freedom.
Ongoing
corruption within Iraq and its elected leaders delayed things until 2013. Threats against Dr. Shabibi's life forced him
to leave Iraq and operate outside the country under heavy security in order to
complete the implementation of the revaluation.
That process has been completed.
The Chapter VII sanctions which have kept Iraq operating under very
strict supervision financially had many parts to fulfill including a payback to
Kuwait for Saddam's 1991 invasion and subsequent destruction of their oil
infrastructure.
As
of this writing, those requirements have been met and an agreement has been
made for the lifting of the Chapter VII sanctions in a formal ceremony later
this coming week.
I'm
not here to promote rates for the new IQN as it is released, but suffice it to
say that some 28 million Americans -- mostly conservative Christians -- have
invested varying amounts of U.S. Dollars in the purchase of the currency. Under Shabibi's guidance, the currency had
gradually been brought up in value from its low of 4000:1 to (most recently)
1166:1.
The
international auditing firm of Ernst & Young did an audit of the Central
Bank of Iraq (CBI) and the nation’s economy at the end of 2010 and recommended
a new rate at that time of $1.30.
Investors who bought in several years ago have already seen a 300%+
increase. Even if all they did initially
in order to come out at a 1:1, folks would see a multiplication of over a
thousand percent.
That's
the kind of multiplication that God does, and we have seen this coming for a
very long time. You'll recall that David
wrote in Psalm 105:37-38,
"He brought them
forth also with silver and gold: and there was not one feeble person
among their tribes. Egypt was glad when
they departed: for the fear of them fell upon them."
The
last great transfer of wealth into the hands of God's people occurred when the
children of Israel left Egypt with the wealth of Egypt. For many years we have known that there was
going to be a repeat of this event according to the prophecy of Isaiah (see
chapter 60) and it is unfolding upon the body of Christ as we speak.
I
still have a lot of ground to cover with this in spite of cutting out a lot of
details that I might have otherwise included, and I need to talk about this
great transfer of wealth before we wrap up the fall of Babylon. That said, let's stop here and pick this up
next week.
Blessings on you!
Regner
Regner A. Capener
CAPENER MINISTRIES
CAPENER MINISTRIES
709 South 7th Street
Sunnyside, Washington 98944
Sunnyside, Washington 98944
(509) 515-0133
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