thetrumpet--2020-03-26--The Left’s Latest Unhinged Efforts to Take Down Netanyahu

Liverpool Street railway station quiet , and almost deserted despite it being East End markets day when it is normally very busy on 22nd March 2020 in London , England , United Kingdom .
The final death toll of coronavirus is unknown .
But it ’ s already clear it will have a massive economic toll .
The globe has essentially shut down .
Travel has ceased .
Restaurants , cinemas , amusement parks—anywhere people gather in public—are closed .
Retail sales are plummeting as no one ventures out .
With no money coming in , firms are at risk @ @ @ @ @ @ @ could soon be unemployed .
Into the breach steps government .
Every major government has unveiled a massive spending plan .
Right now , the United States government is working on a $ 2 trillion spending package .
The United Kingdom has unveiled a $ 413 billion plan .
That ’ s over 40 percent of typical annual government spending—all poured out on just one crisis .
This response could make a real difference in people ’ s lives and stop a lot of the immediate economic pain this virus could cause .
@ @ @ @ @ @ @ economies , preparing the way for a future collapse .
In past crises , people looked to their own resources .
It wouldn ’ t have even occurred to Britons or Americans 100 years ago to expect the government to save them .
But now we ’ re used to the government taking care of us .
They pay us when we ’ re unemployed , provide our health care , and bail out banks to keep the economy afloat .
In return , we pay heavy taxes .
In the United Kingdom @ @ @ @ @ @ @ income goes to taxation .
In the United States , it ’ s 30 percent .
All that taxation makes it hard to save up for a rainy day—and makes us feel entitled to government handouts when our livelihoods are threatened .
In many cases governments are the ones forcing people to stay home .
If the governments are destroying our livelihoods , it seems only fair that they help rebuild them .
The trouble is , our governments—even with their colossal levels of income— can not afford to provide those handouts .
@ @ @ @ @ @ @ the U.S. , UK and many other governments borrowed heavily .
Prior to that , America ’ s national debt was 65 percent of its annual economic output .
By 2011 , it had jumped to 95 percent as it buoyed its economy by borrowing at the fastest rate since World War ii .
Since then , instead of paying the debt off , America has continued to borrow .
U.S. debt is now about 105 percent of its gross domestic product .
Harvard economics professors Carmen Reinhart and Kenneth Rogoff have concluded @ @ @ @ @ @ @ annual economic output is dangerous .
The unprecedented response to the 2008 crisis broke more than the budget .
It also broke a major taboo .
Major government intervention became expected in any economic crisis .
Imagine the public outcry if , when the coronavirus crisis hit , the government refused to help : You spent trillions bailing out the banks , what about ordinary Americans ?
You ’ ll help rich bankers , but not us ?
!
With its extravagant response in 2008 , the government effectively committed itself to similar @ @ @ @ @ @ @ that is exactly what it is doing in response to the coronavirus .
America ’ s $ 2 trillion bailout package will have to be financed by debt ; it alone will add another 5 percent to the national debt .
By the time this ends , the U.S. will have taken a giant leap toward equaling its highest-ever level of debt : 121.7 percent , reached during World War ii .
The U.S. is talking about giving $ 1,000 a month to every adult .
Japan is considering a smaller amount of @ @ @ @ @ @ @ will not be enough to meet these crises .
If America borrows too much , creditors could become worried about the government ’ s ability to repay the debt .
That fear could destroy the economy .
So the government is looking at another source of income : the printing press .
The 2008 financial crisis began a great experiment with a new tool for central banks : quantitative easing .
With this tool , central banks create money from nothing .
There is , rightly , a huge taboo on governments printing @ @ @ @ @ @ @ of money printing can be catastrophic , leading to hyperinflation that renders a currency basically worthless .
So central banks trod carefully on their quantitative easing experiment .
They didn ’ t hand the newly created money directly to the government ; instead , it bought government debt and other assets from banks .
And central banks pledged to “ wind down ” this printing in the future : to sell the government bonds they had bought and then destroy the money they had created .
Twelve years later , it looks like @ @ @ @ @ @ @ extra money kept the financial system going .
The central banks bought up government debt and kept interest rates on that debt at record lows , enabling governments to spend record amounts .
But most central banks have destroyed only a fraction of the new money they had created .
Yet the sky hasn ’ t fallen in .
You don ’ t have to bring your money in a wheelbarrow to buy a loaf of bread .
So in reaction to the coronavirus , central banks are running the printing presses faster @ @ @ @ @ @ @ announced today unlimited quantitative easing .
After the 2008 crisis , the Fed has never done anything like this ; instead , it announced quantitative easing within a huge , though specified , limit .
The first round , from December 2008 to March 2010 , for example , was capped at $ 1.5 trillion .
Previously the Fed also announced that it would inject $ 1.5 trillion into the repo market , essentially where banks go to get cash .
“ It is effectively underwriting U.S. Treasury bonds and ‘ printing ’ @ @ @ @ @ @ @ wrote the Telegraph ’ s Ambrose Evans-Pritchard .
The Bank of England also announced $ 236 billion in quantitative easing .
The central banks may also drop many more of the restrictions that were placed on quantitative easing in 2008 .
The thinking is : It worked , they got away with it , and so less caution is required this time .
Even right-wing economists are now talking about “ helicopter money ” —creating money using quantitative easing and more or less raining it down from the sky on ordinary citizens .
@ @ @ @ @ @ @ the banks in 2008 , the thinking goes , so why not create the money and give it to ordinary people ?
“ [ W ] e are certainly going to see some form of ‘ helicopter money , ’ the mechanism by which the state , via the central bank , simply prints money and hands it out to people , ” wrote finance journalist Matthew Lynn in the Spectator .
According to the Telegraph , Neil MacKinnon of vtb Capital said the “ next logical step in the chain of unconventional @ @ @ @ @ @ @ that is a direct liquidity injection into the heart of the real economy.
” These are just two of a great number of similar statements .
Helicopter money used to be a fringe idea , something only crazies or socialists talked about .
Now , your freshly printed money may reach you before our next Trumpet issue does .
The response to coronavirus has led even people on the right to embrace socialism .
“ Boris Must Embrace Socialism Immediately to Save the Liberal Free Market , ” blared a headline in the @ @ @ @ @ @ @ Buying Is Turning Tories Into Socialists , ” declared the Spectator .
On March 20 , the British government unveiled a radical new program that turns most Brits into government employees .
If people are unable to work due to coronavirus , the government will pay 80 percent of their wages—up to a cap of £2,500 ( us $ 2,900 ) a month .
In making this commitment , Chancellor of the Exchequer Rishi Sunak admitted that he had no idea what it would cost .
“ It is the most extensive intervention @ @ @ @ @ @ @ supposedly free-market government anywhere in the world , ” wrote the Spectator .
“ In effect , we will all soon be working for the government.
” The massive increase in spending globally is pushing all countries in the direction of socialism .
Companies of all sizes are banging on the U.S. government ’ s door asking for a bailout .
Government money could soon be flowing into more sectors of the U.S. economy than ever before .
The trouble is , it ’ s very hard to reverse on the road to @ @ @ @ @ @ @ , voters expect more from their governments the next time .
Once they receive handouts , they expect to keep receiving them .
Anyone who tries to roll back the clock is taking something of theirs away .
And once a government takes power over something , the bureaucracy and politicians are very reluctant to give it back .
“ When the UK economy last went onto a war footing in 1939 , we didn ’ t really shake it off until Mrs. Thatcher ’ s reforms of the 1980s , ” wrote @ @ @ @ @ @ @ just as long this time .
[ I ] t is a huge gamble—and it will be easier to start this rescue than to stop it.
” Even if we succeed and take a step back from socialism , what happens when the next crisis hits ?
The 2008 crisis broke taboos , but 2020 has smashed them beyond all repair .
Once again , there will be massive borrowing .
Once again , the printing presses will be fired up—with even fewer rules than before .
How long before government finances , @ @ @ @ @ @ @ collapses entirely ?
We ’ re not just on the road to socialism , but to economic ruin .
This unprecedented response may stave off an immediate crisis , as it did in 2008 , but what next ?
We never managed to pay off the debt or destroy the newly created money from that crisis .
We may stave off the crisis for now , but we are setting ourselves up for catastrophe .
Britain , America and our whole financial system are in a tough position .
Refusing to take these @ @ @ @ @ @ @ of immediate pain for a lot of people .
But adopting them simply pushes the pain into the future , and guarantees that when it hits , it will be worse .
The problem isn ’ t the bailout .
This isn ’ t about one bad decision destroying everything .
It ’ s the whole system .
We have built an entire economic system on a foundation of debt .
The government manages the economy by encouraging people to borrow .
When a crisis hits , it lowers interest rates , so @ @ @ @ @ @ @ With little savings , people can not look after themselves in times of crisis and have to turn to the government .
But the government can ’ t help without borrowing more .
It ’ s a cycle that builds up more and more debt .
In the long run , it is unsustainable .
Step by step , choice by choice , we are creating conditions that are guaranteed to produce an unprecedented , world-altering crash .
This is a crash we have warned about for years .
Herbert W. Armstrong wrote @ @ @ @ @ @ @ the United States would have major consequences abroad , as well as at home .
It “ could suddenly result in triggering European nations to unite as a new world power , larger than either the Soviet Union or the U.S. , ” he wrote ( co-worker letter , July 22 , 1984 ) .
The book of Revelation prophesies of a sudden revival of a power in Europe that is hostile to the U.S .
Revelation 18 describes the vast wealth its merchants acquire as they take over the global trading system @ @ @ @ @ @ @ financial system could easily usher in this economic revolution .
The Bible also confirms that our financial practices are unstainable .
Psalm 37:21 says , “ The wicked borrows , and can not pay back , but the righteous is generous and gives ” ( Revised Standard Version ) .
Borrowing money like this is “ wicked ” behavior—and it never ends well .
The Bible also forecasts a real solution .
It ’ s not just a tweaking of interest rates or a different way of printing money .
The smartest men @ @ @ @ @ @ @ a working solution within our current system .
We need an entirely new system .
Soon , God will establish a fair , stable , prosperous financial system on Earth .
Micah 4:4 prophesies of this future : “ [ T ] hey shall sit every man under his vine and under his fig tree ; and none shall make them afraid : for the mouth of the Lord of hosts hath spoken it.
” There will be universal property ownership—not communism , nor indebted mortgage payers .
God talks about the ground @ @ @ @ @ @ @ be gathered fast enough ( Amos 9:13 ) .
Jeremiah 31:12 paints a picture of this prosperity : “ Therefore they shall come and sing in the height of Zion , and shall flow together to the goodness of the Lord , for wheat , and for wine , and for oil , and for the young of the flock and of the herd : and their soul shall be as a watered garden ; and they shall not sorrow any more at all.
” 3 John 2 says , “ Beloved , @ @ @ @ @ @ @ mayest prosper and be in health , even as thy soul prospereth.
” God wants the world to have prosperity , and He has a plan to provide it .
The coming financial crisis will help bring us to the point where we are willing to listen to what God says on finance and much more—where we ’ ll finally be willing to choose the way that leads to prosperity .
Request our free booklet The Wonderful World Tomorrow—What It Will Be Like , by Herbert W. Armstrong .
It is filled with @ @ @ @ @ @ @ for a better world on a sure biblical foundation .
In a world full of financial miseries and other suffering , this hope is essential for everyone .

If you are like me, you are probably largely confined to your home as our governments enact powerful decrees to deal with the impact of coronavirus.
Israel has closed its borders to all nonresidents, and every day, more rules get handed down to tell us how far and for what we can venture out. For my family, it’s not a particularly hard adjustment to make, as we have a park next door and I work mostly from home.
Nevertheless, as Stephen Flurry pointed out in today’s Trumpet Daily Radio Show, it’s stunning how democracies are increasingly looking like dictatorships as freedoms we have enjoyed are swept aside.
In Israel, along with the strong-armed coronavirus response, there is another attack on democratic norms taking place. But contrary to most in the media, I’m not talking about the actions of Prime Minister Benjamin Netanyahu.
I’m talking about the undemocratic ploys at play to remove him.
In Israel, there is a powerful and unhinged effort to overturn the result of the election. It’s shocking. It’s real. And it’s becoming increasingly obvious to everyone.
You will recall that on March 2, Israel voted in its unprecedented third election within a year.
The vote was called to break the political deadlock and hopefully give either Prime Minister Netanyahu or rival Benny Gantz the needed 61-seat majority in the Knesset.
Even though Netanyahu’s Likud party won a record 36 seats in the vote, his right-wing religious coalition only garnered 58 seats collectively. Nevertheless, it was more than Gantz’s Blue and White party, which only grabbed 33 seats. Combined with his preelection coalition of Avigdor Lieberman’s Yisrael Beiteinu party and the left-wing parties, Gantz only had 46 seats total.
Understandably, in the early hours of March 3, Netanyahu declared victory.
While still three seats short of a majority, he was in a far better position than Gantz to somehow wrangle a few extra seats. It was assumed that Netanyahu would be appointed by Israeli President Reuven Rivlin the first opportunity to form a coalition.
But that’s not what happened.
Soon after Netanyahu’s victory speech, rival Gantz decided to break a campaign promise and welcomed the backing and support of the Joint List, a group of Arab parties who together received 15 seats in the election. Together with the Arabs, Gantz would have the 61 seats necessary to form a majority.
Of course, there is nothing wrong about welcoming an Arab into your government. Indeed, Likud and others have Arab representation inside their parties.
However, the Joint List is made up of anti-Zionist Arab leaders whose stated goal is to destroy Israel’s foundational status as a Jewish state.
Historically, the Joint List has been anathema to the major Jewish parties. No ruling government has included the party inside a coalition because of its extreme anti-Zionist views. Indeed, this is likely why Blue and White said repeatedly before the election that it would not join forces with the Joint List. More Israelis would have voted for Netanyahu if they knew Gantz was going to break his promise.
Nevertheless, facing a shortfall in votes, Gantz accepted the support of the anti-Zionist Arabs. And with the 61-seat majority, he was given the first opportunity to form a government.
In truth, though, Gantz is not planning on entering into a formal coalition with the Joint List. He is just planning on staying with them long enough to get rid of Netanyahu.
In an unprecedented act, Gantz plans to use the allotted six weeks he has to form a coalition to instead pass laws forbidding Netanyahu from forming a government in the future.
While Gantz’s moves are technically legal, he is upending decades of electoral and Knesset precedent in order to remove Netanyahu and gain power for himself.
According to Israeli law, the creation of new laws must be overseen by the speaker of the Knesset. Historically, the speaker belongs to the same party as the prime minister and, as such, is currently occupied by Likud’s Yuli Edelstein. But in order for Gantz to advance the anti-Netanyahu law, Blue and White has asked that there be a vote in the interim Knesset to replace the speaker of the House.
Such a move would be a first in Israel’s history. Edelstein initially said he would not conduct the unprecedented vote. However, on Tuesday, Israel’s Supreme Court intervened in an unprecedented fashion and dictated to Edelstein that the vote must go forward by Thursday.
If Edelstein is replaced by a Blue and White candidate, as seems likely, two bills will come before the Knesset for vote. The first would seek to impose a two-term limit on prime ministers, which would automatically exclude Netanyahu from taking office. The second will overturn an Israeli law that allows a prime minister to remain in office while under indictment until he is formally convicted. Netanyahu has been under indictment by the attorney general, and so this law is directly targeting his future rule.
In both cases, the laws are specifically against one man: Netanyahu.
On March 2, almost half of Israelis effectively voted for Prime Minister Benjamin Netanyahu to continue serving in that office, knowing full well that he was under indictment. This was about 500,000 more people than who voted for Gantz’s stated coalition.
For Gantz to then defy the will of half the nation in some legislative sleight of hand during a caretaker Knesset in order to remove the people’s choice is a power grab unprecedented in Israel’s history. It effectively tells half the nation that their vote didn’t count.
Israeli media is full of stories of how Netanyahu is destroying democracy in Israel. However, it is hard to think of a more undemocratic process than is being enacted by Gantz and his make-believe majority coalition.
Gantz is destroying the fundamental truism of the democratic process that the people decide who will lead the nation.
In democracies, you need to win at the ballot box. Gantz is attempting to change the rules after the vote and disqualify the leading vote getter.
Such a strategy is dangerous. If Gantz is unable to unseat Netanyahu through this process, he will likely be forgiven by Israel’s rabid left-wing media. But the voters won’t soon forget. If he is unsuccessful at removing Netanyahu and a fourth election ensues, it’s hard to see how the Blue and White party will survive.
The result would likely be a greater groundswell of support for Netanyahu.
If you think any of this sounds a little familiar, you aren’t wrong.
For over three years, the radical left in the United States has tried desperately to overturn an election result. And yet through the Russia collusion hoax, Ukraine hoax, impeachment and the current attempt to blame the president for his handling of coronavirus, U.S. President Donald Trump has emerged stronger than ever.
There is a parallel phenomenon taking place in Israel with attacks by the legislature, the media and the judiciary against the leadership of Prime Minister Netanyahu.
As Trumpet editor in chief Gerald Flurry has written extensively, President Trump is overseeing a stunning resurgence in America, even as the radical left tries to unseat him.
As Mr. Flurry has revealed, this resurgence in the United States, as well as the attempt of the radical left to fundamentally change the nation, was prophesied in the biblical book of Kings. 2 Kings 14:27 states that at time when the nation of Israel was about to be blotted out, God saved the nation by the “hand of Jeroboam.”
In Israel, we see a similar temporary resurgence taking place under the leadership of Prime Minister Netanyahu. As theTrumpet.com managing editor Brad Macdonald wrote in “A Prophesied Resurgence in Israel?” Netanyahu has overseen a decade of stunning growth, economically and militarily, in Israel. But as with President Trump, we also see successive attempts to overturn his rule. This latest ploy by Blue and White to side with Arab parties that literally want to destroy Israel as a Jewish state clearly falls into this category.
Wherever the election process and Israel go from here, it is clear that something unprecedented and undemocratic is taking place to remove Netanyahu. For the moment, the prime minister and President Trump seem to be holding back those forces.
If you would like to understand more of this latter-day prophecy, as well as the motivating factor behind the unhinged attempts to take down Israel’s leaders, please read Mr. Flurry’s landmark article “Saving America From the Radical Left—Temporarily.”