Ireland’s bailout boosts banks, inflames taxpayers

This crisis in Ireland’s economy, which is really part of a global crisis that is highly prophetic- is part of the distress of nations with perplexity- Luke 21:25 described by Christ as one of the signs of the last days. Though it may appear like the country was rescued things will not really get better (2 Timothy 3:1, 13). Each supposing bailout will bring us closer and closer to the mark of the beast and the enforcing of sunday laws (please send for our new end-time series “for such a time as this” where all of these things are explained). The bottom line is this, If ever there was a time to prepare physically, mentally, and most importantly spiritually, the time is now!

One news artile said, “DUBLIN (AP) — Ireland’s international bailout boosted its bank stocks Monday but outraged many hard-pressed taxpayers, who questioned why the government’s pension reserves must be ravaged as part of a deal that burdens the whole country with the mistakes of a rich elite.

Shares in Ireland’s banks rose sharply as markets were encouraged by the bailout’s immediate focus on injecting euro10 billion into the cash-strapped lenders out of a total of euro67.5 billion ($89 billion) in loans.

This is not a rescue plan. It is the longest ransom note in history: Do what we tell you and you may, in time, get your country back,” said Fintan O’Toole, a commentator and author who led a weekend protest by labor-union activists in central Dublin against the imminent bailout. He called the average interest rate being demanded “viciously extortionate.” To Read the whole article click here. To see the place of labor unions in prophecy click here.