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A DIGEST OF SIGNIFICANT WORLD NEWS FROM THE PHILADELPHIA TRUMPET STAFF FOR THE WEEK OF MAY 1-7, 2011

Central banks are
expanding their gold
reserves for the rst time
in a generation.
If you take off
the head, the snake is
dead. If you only cut off
its tail, you are left with a
very angry snake.
What we are
witnessing in Europe
now may be the event
that will necessitate the
political union of Europe.
Last Friday, the solution to
our problems came in the
form of a royal wedding.
More than 750,000
foreigners have been
arrested since 2008.
H
erbert W. Armstrong was the
worlds leading televangelist
of his daywatched, read and
followed by millions worldwide. Shortly
before his death in 1986, Mr. Arm-
strongs World Tomorrow program
could be seen weekly on 382 television
stationsmore than any other religious
program in America.
That remarkable broadcasting career
began in the smallest of ways back in
September 1933, when Mr. Armstrong heard about an
opportunity on a tiny, 100-watt radio station in Eugene,
Oregon. It was a weekly, 15-minute slot offered freely to any
preacher willing to speak early in the morning every Sunday.
The station couldnt give away the airtime. No one
wanted ituntil Mr. Armstrong heard about it. To him, it
was the most signifcant door God had ever opened for
proclaiming the truth of the Bible.
Mr. Armstrong jumped at the opportunity and the rest,
as they say, is historyfascinating history.
At the time, Mr. Armstrong envisioned blanketing the
Pacifc Northwest with weekly radio coverage. And since
the opportunities back then required him to be at the
radio station for the live broadcast, it made for a grueling
schedule throughout the 1930s. At one point, Mr. Arm-
strongs weekend routine was to conduct a church service
Saturday morning in Eugene, an afternoon service in
Jefferson, Oregon, and then drive to Seattle that night,
usually arriving around midnight. He was on the air in
Seattle frst thing the next morning and then on the road
again in order to make it to Portland for a Sunday after-
noon broadcast.
God richly blessed Mr. Armstrongs diligent labor of
proclaiming the truth of the Bible. As the size and scope of
Gods work grew, many bigger doors opened for the gospel
message to go out to this world through the voice of Herbert
W. Armstrong. In 1942, he started traveling to Hollywood,
California, for months at a time to record programs for
daily radio broadcasting.
Daily radio had a tremendous impact on Gods work.
After 1942, the overall growth and development of Gods
work accelerated dramatically. Mr. Armstrong attributed
much of this phenomenal growth to the impact of daily
broadcasting.
In 1955, Mr. Armstrong began cutting back his radio
coverage in order to concentrate on the newest medium of
the daytelevision broadcasting. With the emergence of
television, he initially thought radio audiences would disap-
pear. He soon concluded, however, that daily broadcast-
ing on many radio stations would be more effective than
weekly programs on only a few television stations.
It wasnt until the late 1960s that Mr. Armstrong real-
ized the need for a regular presence on television. So the
program went on television once again in 1967. By 1969, the
church started phasing out its radio coverage.
Television was much more costly than radio, Mr. Arm-
strong said. But the potential audience size was so much
bigger.
In 1972, Mr. Armstrong revealed plans for a daily pro-
gram to be broadcast on 25 television stations. In announc-
ing the move, he left little doubt about the signifcance of
this new phase. He said it was the most powerful door God
ever opened for the work.
Due to the morning times we are having to take, we
cannot expect a sudden infux of millions of letters imme-
diately, he wrote, but it will build, and grow, just as this
work has always had to do. It started the very smallest, and
has grown to the biggestand it will do the same on daily
tv! (co-worker letter, July 28, 1972).
Sadly, while Mr. Armstrong traveled to meet with world
leaders during the 1970s, those left in Pasadena, led by
his son Garner Ted, dismantled the work Mr. Armstrong
started and liberalized his Bible-based teachings.
In the case of the television program, rather than con-
tinue proclaiming the gospel that Jesus Christ originally
preached, World Tomorrow producers churned out pro-
grams that were predominantly secular.
As a result, daily television experienced an untimely
death. Even the weekly television show dwindled to only a
handful of stations.
It wasnt until 1981, when Mr. Armstrong took over
broadcasting duties at the age of 88, that the weekly televi-
sion program exploded with growth. In fve short years,
World Tomorrow coverage and the size of its audience
multiplied by many times over. In 1985 alone, for example,
the church answered 1.1 million phone calls, most of them
in response to the weekly program.
Its hard to believe, but Herbert W. Armstrongs weekly
television show was bigger than all the heavyweights of his
dayJimmy Swaggart, Oral Roberts, Jerry Falwell and
Robert Schuller. see DAILY page 10
STEPHEN FLURRY
COLUMNIST
introducing the trumpet daily
Middle east
U
.S. Navy Seals shot Osama bin Laden dead in the early hours
of May 2 in Pakistan. U.S. intelligence tracked bin Laden to a
military compound in Abbottabad, 31 miles north of Islamabad.
The compound was just a few hundred yards away from a prestigious
Pakistani military academy. As Mary Habeck wrote on the Foreign Poli-
cy website, with bin Laden housed so close to a military base, There is no
way in Gods green earth that some part of offcial Pakistanthe military,
the intelligence agencies, or the political classwas not somehow involved
in protecting bin Laden from detection and capture. This shows that the
country is much further along in its slide toward extremism and perhaps
even civil war, she said. Bin Ladens death may be cause for celebration
for many, but it doesnt leave the world any safer. His death may provoke
lone wolf attacks, as well as renewed efforts by terror cells. By taking
out bin Laden, America hasnt dealt with the root cause of the terrorist
attacks. Other men and terrorist groups stand ready to take his place.
This has been the fatal faw in Americas terrorist strategy all along. As
we wrote in 2001, Iran is the head of the snake. In taking out bin Laden,
America has left this head untouched. If you take off the head, the snake is
dead. If you only cut off its tail, you are left with a very angry snake.
If there were any doubts about whether some organizations support
terrorism, their response to the killing of Osama bin Laden this week
should remove them. Hamas, of course, a terrorist organization itself,
spoke out strongly against the killing. We condemn the assassination
of a Muslim and Arab warrior and we pray to God that his soul rests in
peace, Hamas prime minister of the Gaza Strip, Ismail Haniya, said.
The supposedly moderate Muslim Brotherhood, while not quite as out-
spoken, also made its position clear. It issued a statement saying it was
against violence in general, against assassinations and in favor of fair
trials, referring to the terrorist leader by the honorifc term sheikh.
It accused the West of linking Islam and terrorism, and defended the
resistance against U.S. troops in Afghanistan and Iraq as legitimate.
The statement concluded by demanding that the U.S. cease its inter-
ference in the internal affairs of any Arab or Muslim country. The
Telegraph noted: With both Hamas, which is designated as a terrorist
group by both Britain and the U.S., and the Brotherhood set to play a
greater roleHamas in the [Palestinian] territories and the Brother-
hood in post-revolutionary Egypttheir words mark the latest clear
step away from the automatic support for counter-terror operations the
West has come to expect. Also conspicuous was the absence of any re-
sponse by U.S. allies such as the United Arab Emirates, which analysts
have attributed to a fear of retaliation. This is just one more reason the
U.S. cannot win its war against terrorism.
Hamas and Fatah signed a unity agreement in Cairo on Wednesday.
Under the direction of Egypt, the two groups agreed last week to rec-
oncile after a four-year split. Representatives of Hamas and Fatah will
now begin negotiations on how to implement the details of the accord,
including establishing a unity government, conducting presidential and
parliamentary elections, and combining security forces. While some
are skeptical that the deal will last, it is likely that such opinions under-
estimate the common hatred for Israel that underlies the reconciliation,
as well as the infuence of an Iranian-aligned Egypt. Hamass motiva-
tion was clear when the groups political leader, Khaled Mashaal, stated
at the Cairo ceremony: Our common enemy is Israel. Israel must be
fought both with force and through diplomacy. The fact that Fatah has
reached out to Hamas and is willing for it to reenter the Palestinian
government shows the growing strength of Hamas. The agreement can
only increase the danger to Israel.
On Thursday, Palestinian diplomats announced that the EU is likely
to back the new unity government. Husam Zomlot, a deputy commis-
sioner in Fatahs international relations commission, said that Europe
THE TRUMPET WEEKLY May 7, 2011 2
does the death of
Bin laden really
Change anything?
preSideNt Obama announced Sunday
night that the worlds most wanted terror-
ist, Osama bin Laden, is dead. On one
hand this is a great event for the United
States. We have fnally decapitated the
worlds most notorious terrorist organi-
zation and avenged the deaths of nearly
3,000 Americans on Sept. 11, 2001.
On the other hand, its not certain
that the death of Osama really changes
all that much of the big picture. Osama
has been in hiding, effectively marginal-
ized, for 10 years. President Obama was
careful to mention, once again, in his
speech announcing bin Ladens death,
that we are not at war with Islam. But
much of Islam is at war with us, and
with the rest of the non-Islamic world,
whether bin Laden is alive or not. Osama
had a $25 million bounty on his head for
10 years in one of the poorest countries
in the world, and nobody turned him in.
Osamas death does not change the fact
that Iran is enriching uranium for the
purpose of obtaining nuclear weapons,
and has threatened to wipe Israel off the
map. It does not change the fact that
Pakistan is a seething cauldron of politi-
cal instability, and if Islamic radicals ever
throw a successful coup they will have
control over 100 nuclear warheads. It
does not change the fact that the U.S. is
still mired in a decade-long war against
Afghan tribesmen, and is fruitlessly try-
ing to midwife democracy while prop-
ping up one of the most corrupt govern-
ments on Earth. It does not change the
fact that on seven occasions this year, our
Afghan partners have murdered U.S.
servicemen trying to train them.
It does not change the fact that a Mus-
lim U.S. Army offcer murdered 13 troops
at Ft. Hood, and that his radicalism was
shielded by political correctness. It does
not change the creeping advancement of
sharia law in the U.S. and the West.
It does not change the fact that the
Middle East is experiencing politi-
cal instability in Yemen, Libya, Egypt,
Bahrain and Syria, and that one or all
of these countries could easily turn
into another Islamic terrorist state like
Iran. Osamas death does not change the
fact that Islamic terrorist attacks were
carried out not just against the U.S., but
also in London, Moscow, Mumbai, Bali,
and Madrid.
AMERICAN THINKER,
MICHAEL FILOZOF | May 2
THE TRUMPET WEEKLY May 7, 2011 3
is taking a much more assertive stance in pushing its own agenda in the
peace process. It is no longer just following the U.S. and Israeli line. It
is more active and more aggressive in terms of pursuing its own policy
for the region, he said. Eight EU countries, including Greece, Ireland,
France, Spain and Sweden, are said to support a Palestinian state.
Israel, for its part, strongly opposes recognizing the Fatah-Hamas rap-
prochement since Hamas has not renounced its goal to destroy Israel. The
national unity deal is especially troubling to the Jews because it increases
the likelihood that the Palestinian Liberation Organization will apply to
join the UN as a full member based on 1967 borders. Such a move would
leave many Israeli citizens inside the newly created Islamist state, and
would leave the country indefensible. Xavier Abu Eid, an adviser to the
plO, said, Israel is saying we have to choose between peace and Hamas.
But Hamas is part of Palestinian society, its part of our people. They must
respect the choice of the Palestinian people and see Hamas as part of the
solution, not part of the problem. The peace process shows America and
Israels folly. The push for democracy in the Middle East cannot lead to
peace when the majority of voters on one side do not want peace.
The German intelligence service German-Foreign-Policy.com
reported this week that during February Peter Ramsauer, Germanys
transport minister, visited Damascus lobbying for the construction of
a railroad connection from the Arabian Peninsula to Syria. This would
enable the shipping of goods from the Persian Gulf to Hamburg. The
trip was motivated by Germanys need to strengthen relationships both
with oil-rich Middle East nations as well as those strategically located
at key access points to the oil-rich Persian Gulf. According to German-
Foreign-Policy.com, With this German-Syrian economic venture, con-
tacts between the two countries would be systematically strengthened.
So-called development aid projects offered by Berlin to Syria have the
same goal in mind. The real background for the putsch efforts as well
as these attempts at the integration of national interests of each country
is Germanys effort to attain advantages in the Middle Eastern fght
against Irans hegemony (May 2; translation ours). This goes a long
way toward explaining why Germany has, till recently, exerted strong
infuence on its EU partners to resist sanctions on Syria.
europe
O
Ne aNd a half million people attended Pope John Paul iis be-
atifcation mass in Rome on May 1, making the event at least
as popular as last Fridays royal wedding in terms of numbers
attending. In Krakow, Poland, over 120,000 gathered to worship
before a container of John Pauls blood on an outdoor altar. More
gathered around giant screens in Krakow, Warsaw and John Pauls
hometown, Wadowice. Other crowds gathered in Australia, the Philip-
pines and Mexico. John Pauls funeral in 2005 was also a mass media
eventaround 2 billion watched it on tv. The huge interest both in the
popes funeral and his beatifcation is a testament to the work John
Paul did toward building the Catholic Churchs popularity and power.
He brought Latin America back to its Catholic roots. He worked to
unite Europe by helping to tear down the Iron Curtain that split it in
two. He set out to turn secular France back to the Catholic Church. He
expanded Europe and the churchs power into the Balkans. Perhaps
the greatest achievement, though, we wrote in 2005, was the way in
which John Paul worked tirelessly to ensure that the legacy he estab-
lished would continue under his successor and expand into the fulfll-
ment of his grand vision. To do this, he flled the curia with right-wing
cardinals. He made a radical change in the way popes are elected, to
ensure a right-wing pope would succeed him. As we wrote back in 2005,
Pope John Pauls legacy will ultimately be shaped by what he prepared
egypt Front-runner
seeks israel reset
the leadiNg candidate in Egypts presi-
dential race said that if he was elected he
would break with former President Hosni
Mubaraks reliably amenable policies to-
ward Israel. Amr Moussa, the 74-year-old
outgoing head of the Arab League, said the
former regimes attempts to resolve the
Palestinian-Israeli confict had led no-
where and that Egypt now needs policies
that refect the consensus of the people.
Mr. Moussa, in an interview with
The Wall Street Journal, also described
a political landscape in which the Mus-
lim Brotherhood, outlawed under Mr.
Mubarak, is dominant. It is inevitable, he
said, that parliamentary elections in Sep-
tember will usher in a legislature led by a
bloc of Islamists, with the Brotherhood at
the forefront.
Mr. Moussa, who comes from a secular
political background and says he will run
as an independent, leads all candidates in
opinion polling ahead of what Egyptians
hope will be the frst free and fair presi-
dential elections in their countrys history
by the end of November. But if Mr. Moussa,
who was Mr. Mubaraks foreign minister
from 1991 to 2001, is elected, he is likely to
accelerate shifts in Egypts foreign policy
that have already vexed the U.S. and
Israel.
Under Mr. Mubarak, Egypt was argu-
ably Washingtons closest political partner
in the Arab world. While following the
American line in its policies toward Israel,
the Palestinians and Iran brought ben-
efts, it also cost Egypt its once muscular
diplomatic infuence in a region that is
now witnessing its most profound political
change in more than a generation.
Restoring Egypts status, he says, de-
mands a more populist perspective on for-
eign policy. Mr. Moussa owes the bulk
of his popularity to his trenchant criticism
of Israel and the U.S. while he was foreign
minister. In recent years, for example, he
has said Israels unacknowledged nuclear
program poses a bigger threat than Irans
program.
U.S. and allied governments are, in
private, voicing concerns about Egypts
increasingly confrontational line toward
Israel under the current military rule.
Offcials from these countries said they
acknowledge that rhetorical attacks by Mr.
Moussa and other presidential candidates
could increase as Cairo moves toward
elections.
WALL STREET JOURNAL,
MATT BRADLEY | May 6
the way for. And that legacy is going to be far different than the way it
appears today. No one is talking about this legacy.
Portugal will receive a 78 billion loan as a bailout, Jos Scrates
announced on May 3. The full terms of the deal have not been revealed,
or even fully agreed on, but Scrates announced that the conditions
would be light. An anonymous EU offcial, however, denied this on May
4, saying that the bailout terms were severe. You have to take into
account that they are in an election campaign, said the offcial. He sold
his highlights of the agreement. Scrates said that Portugal would not
have to cut public sector pay or jobs, eliminate vacation bonuses or lower
the retirement age. However, it will have to raise sales, property and
health-service taxes, cut unemployment benefts so that they last only
18 months instead of three years, and reduce state pensions. It will also
have to privatize 5.3 billion of state assets (which will presumably be
bought up by German companies at bargain prices). Despite Scratess
spin, Portugal has lost control over its own taxing and spending polices
the EU is now dictating which taxes it must raise, and what it must sell.
DER SPIEGEL | May 5
draghi and the eCB
B
aNk Of Italy governor Mario Draghi is seen as the most likely can-
didate to become the next ecb president after Paris backed him
last week. But Chancellor Angela Merkel wants to secure conces-
sions for her consent, and some in her party have doubts about putting
an Italian in charge of the euro.
Mario Draghi has a trait that comes in handy even when hes not
pursuing his hobby of mountain climbing . The head of the Italian
central bank remains calm in all circumstances, says a long-time ac-
quaintance. In the future, Draghi will need that ability more than ever.
Jean-Claude Trichet will retire as president of the European Central
Bank in Octoberand French President Nicolas Sarkozy has offcially
named Draghi as his preferred choice of successor. In doing so, Sarkozy
has put Chancellor Angela Merkel under pressure.
The presidency of the ecb is one of the most senior jobs in the euro-
zone. The ecb president is the guardian of the euro andof particularly
import to the Germansmust safeguard the stability of the currency,
especially in times of turmoil. That is why at the height of the euro cri-
sis last year, Merkel tried to secure the job for a German. The chancel-
lor was determined to install Axel Weber, then president of the German
central bank, the Bundesbank, as ecb chief. But Weber announced his
resignation as Bundesbank president in February .
German Finance Minister Wolfgang Schuble has already accepted
Draghi. But members of Merkels ruling coalition of conservative
Christian Democrats (cdu) and pro-business Free Democrats are reluc-
tant about having an offcial from a highly-indebted nation like Italy in
charge of the euro. In fnancial circles, the introverted 63-year-old is
hailed as Super Mario.
But there is [another] rea-
son why Merkel is hesitating
with her approval. She wants
to negotiate a consolation
prize. One such concession
could be that Jrg Asmus-
sen, a state secretary in the
German Finance Ministry,
would get the chairmanship
of the important European
Economic and Financial
Committee . In addition,
THE TRUMPET WEEKLY May 7, 2011 4
europes
dangerous game
rateS ON Greek debt soared
to an astounding 25 percent
last week. The end game on
the Greek debt crisis could
be near. If Greece defaults
on its debt, it could trigger
a domino collapse across
Europe. But do the strat-
egizers behind the euro
have a secret plan that could totally reform
the union?
One thing for sure is that the Greek
government cannot long afford to borrow
money at such high rates. It is virtually
locked out of the debt market. That means
that sooner or later, somebody isnt going
to get paid. In this case it mostly means
big banks in France, Germany, Austria and
Belgium.
The consequences could easily go global.
European Central Bank executive mem-
ber Jrgen Stark warned on April 23 that
Europe may be about to suffer a banking
crisis worse than that of 2008. It could
overshadow the effects of the Lehman
bankruptcy, he warned.
Bigger than Lehman?
According to Stark, the only solution
to Europes debt woes is for countries like
Greece to strictly push through reform
programs and repay debt in full.
But heres the problem, and it is a big one.
No country in history has ever avoided
defaulting on its debt once it has reached
150 percent of gross domestic product, re-
ports Citigroup. Why would Greece be any
different?
The nations of Europe have been striv-
ing to become reunited. They desire a com-
mon currency, a single combined military
force, a single united government. They
have made a start in the Common Market.
They are now working toward a common
currency. Yet, on a purely political basis,
they have been totally uNable to unite,
wrote Herbert W. Armstrong in the January
1979 edition of the Plain Truth (emphasis
mine).
What we are witnessing in Europe now
may be the event that will necessitate the
political union of Europe.
Total union is the goal of Europes most
powerful leaders. The current economic cri-
sis in Europe is just the most recent tool to
force the pace of union. When the next bank-
ing crisis arrives, far from heralding the end
of the European Unionit may actually be
the exact moment needed for the powers
that be to further the pan-European dream.

ROBERT MORLEY | COLUMNIST
Italys contender for the top ECB job has
one other powerful supporter: the Vatican.
Being a Jesuit-educated devout son of
the Roman Catholic Church gives Draghi
great favor with the Vatican. One thing
is for sure whoever wins that seat will
have signicant inuence over a monetary
policy that is destined to soon be used as a
mighty tool in fullling a dramatic prophecy
contained in the 15th and 16th verses of the
13th book of Revelation!
theTrumpet.com, Feb. 11, 2010
the new president of the Bundesbank, Jens Weidmann, could succeed
Draghi as chairman of the Financial Stability Board. Even more impor-
tant for Merkel are concessions regarding the permanent rescue fund
for the euro, the European Stability Mechanism, which is due to be
launched in 2013. Even though government leaders agreed on a perma-
nent system at a summit in March, many points remain in dispute.
EU OBSERVER | May 3
eU wins new Powers
at United nations
E
u cOuNcil President Herman Van Rompuy will now be able to ad-
dress the United Nations no differently from U.S. President Barack
Obama, Venezuelas Hugo Chvez or Russias Dmitry Medvedev.
In order to win the vote, the EU had to agree to changes to the global
organization that transforms the UN from an assembly of nation states
into a body that also offers representation rights to regional blocs as
well, including potentially the African Union, the Arab League and the
South American Union.
The EU on Tuesday was given almost all the rights in the global
chamber that fully-fedged states enjoy after the General Assembly
backed 180 to 2 a resolution giving the bloc, which until this week only
maintained observer status at the UN, the right to speak, the right to
make proposals and submit amendments, the right of reply, the right to
raise points of order and the right to circulate documents.
There will also be additional seats put in the chamber for the EUs
foreign-policy chief, High Representative Catherine Ashton, and her
offcials. She declared herself delighted at the win, which, she said,
will in future enable EU representatives to present and promote the
EUs positions in the UN.
THETRUMPET.COM | May 3
Vatican welcomes
Zimbabwe dictator
D
ictatOr rObert Mugabe avoided an EU travel ban to witness the
beatifcation of Pope John Paul ii at the Vatican May 1. Mugabe
was able to join the crowd of over 1 million because, unlike the
United States, the European Union, Canada, Australia, and New Zealand,
the Vatican has not issued a travel ban on the Zimbabwe dictator accused
of murdering millions. A diplomatic treaty between Italy and the Vatican
gives visitors to the Vatican special immunity from Italian and EU law.
In response to criticism, Friar Alexander Lucie-Smith wrote in an
article printed by the Catholic Herald: The Vatican is a church; on
what grounds can it ban someone from coming to Mass? It is perfectly
true it could place Mugabe under interdict for his many sins and misde-
meanors, but if you start with Mugabe, where would you fnish?
Misdemeanors? How about mass murder? Torture? Corruption?
State-sponsored theft? Mass starvation? During his visit, Mugabe
took the opportunity to shake hands with Pope Benedict. Although
Mugabe has recently attacked the Catholic Church in Zimbabwe, calling
it a church that wants black people to bow down to small white gods,
Mugabe owes his presidency to the church.
THE TRUMPET WEEKLY May 7, 2011 5
greeceS ecONOmic problems are massive, with
protests against the government being held al-
most daily. Now Prime Minister George Papan-
dreou apparently feels he has no other option:
Spiegel Online has obtained information from
German government sources knowledgeable of
the situation in Athens indicating that Papan-
dreous government is considering abandoning
the euro and reintroducing its own currency.
Alarmed by Athens intentions, the European
Commission has called a crisis meeting in Lux-
embourg on Friday night. The meeting is taking
place at Chteau de Senningen, a site used by the
Luxembourg government for offcial meetings.
In addition to Greeces possible exit from the
currency union, a speedy restructuring of the
countrys debt also features on the agenda. One
year after the Greek crisis broke out, the develop-
ment represents a potentially existential turning
point for the European monetary unionregard-
less which variant is ultimately decided upon for
dealing with Greeces massive troubles.
Given the tense situation, the meeting in
Luxembourg has been declared highly conf-
dential, with only the eurozone fnance min-
isters and senior staff members permitted to
attend. Finance Minister Wolfgang Schuble of
Chancellor Angela Merkels conservative Chris-
tian Democratic Union (cdu) and Jrg Asmus-
sen, an infuential state secretary in the Finance
Ministry, are attending on Germanys behalf.
It remains unclear whether it would even be
legally possible for Greece to depart from the
eurozone. Legal experts believe it would also
be necessary for the country to split from the
European Union entirely in order to abandon
the common currency. At the same time, it is
questionable whether other members of the
currency union would actually refuse to accept
a unilateral exit from the eurozone by the gov-
ernment in Athens.
In addition, the withdrawal of a country from
the common currency union would seriously
damage faith in the functioning of the euro-
zone, the document continues. International
investors would be forced to consider the pos-
sibility that further eurozone members could
withdraw in the future. That would lead to con-
tagion in the eurozone, the paper continues.
greece Considers
exit From eurozone

SPIEGEL | May 6
Watch closely. 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 unication
is dead, that the European Union has failed.
Dont listen to them!
Trumpet, Gerald Flurry, February 2011
Mugabe, formerly a staunch Catholic, was protected by church of-
fcials during the time when he was fghting the Rhodesian government.
The Catholic Church has also been a strong supporter of Mugabe dur-
ing much of his reign. Thus it is no surprise that Mugabe would have
wanted to attend the beatifcation of the pope who governed the church
from 1978 to 2005.
NORD STREAM | May 5
First gas Pipeline
through the Baltic sea
N
Ord Stream AG is pleased to announce that all three sections of
its frst 1,224 kilometer gas pipeline through the Baltic Sea have
now been laid and will be joined together underwater off the
coast of Finland and Sweden in the summer. The new pipeline system
will start transporting natural gas from Russia directly to the Euro-
pean Union on schedule in the last quarter of 2011. Construction of the
second of the twin pipelines is scheduled for completion in 2012.
Europe will soon have the security of a fxed link between the
European gas grid and some
of the worlds largest gas
reserves in Russia for at least
50 years, said Nord Streams
Managing Director Matth-
ias Warnig. At a time when
recent world events have led
to increased concern about
nuclear energy and energy
imports from North Africa,
our major new infrastruc-
ture project takes on more
importance for both Europe
and Russia, he added.
asia
C
hiNa aNd South Korea will celebrate the 19th anniversary of their
establishment of diplomatic ties by setting up the frst ever mili-
tary hotline between Beijing and Seoul, a South Korean military
offcial said on Tuesday. The hotline, slated for completion in August, is
part of a broader strategy between China and South Korea to boost their
military cooperation. A South Korean ministry offcial explained that the
hotline would help stabilize the Korean Peninsula. The establishment
of a hotline will help not only prevent an accidental military confronta-
tion on the Yellow Sea, but will allow us to exchange information about
unidentifed aircraft and enable swift and effcient cooperation in the
case of a natural disaster, he said. The South Korean offcial said the
two sides also agreed to develop an exchange program for high-ranking
offcers from each country to study at the Army, Air Force or Navy acad-
emies of the other side for one-year stints. The agreement comes after
South Korea, under pressure from Beijing, promised to end its military
personnel exchange program with Taiwan. Taiwan urged South Korea
not to terminate the exchange program between Seoul and Taipei, but
China says Seoul must choose one or the other. Seouls decision to aban-
don old friends in order to cozy up to China is one we can expect more
THE TRUMPET WEEKLY May 7, 2011 6
Germany is molding itself into the energy
hub of Europe. German strategists realize
that once the pipeline is complete, they will
hold the same gas supply trump card over
downstream countries that Russia holds
over many Eastern European countries.
The world has witnessed how Russia used
control of gas supplies to extract political
and economic concessions from [eastern
Europe]. Is it so inconceivable that Germany,
Russias old pre-World WarII collaborator,
would ever seek to do the same?
Trumpet, May 2007
thiS Week, Treasury Secretary Tim
Geithner proposed raising the debt
ceiling by $2 trillion. I thought, this
should be big news! After all, a trillion
is a thousand billion. This adds up to
two thousand billion over the next two
years! The mainstream media greeted
this story with a great big yawn. I do
not get that because the Republicans
and Democrats fought for weeks to only
cut the budget a measly $38 billion.
The press was non-stop, and Congress
was only an hour away from shutting
down the government. Even the $38
billion cut was a big fat lie according
to cbS News. The story said in mid-
April [as] it turns out the government
wont be cutting $38 billion in one year
after all. No, the real cuts will be more
like $352 million! You heard me right,
$352 million, NOt $38 billion. The rest?
Mostly smoke, mirrors and accounting
gimmicks.
Both parties want to cut roughly
$4 trillion out of the budget over the
next 10 to 12 years. Can someone please
explain how that is accomplished by
tacking on another $2 trillion to the
national tab? I do not get the math and
neither does Bill Gross, the head of the
biggest bond fund in the world. He said
in early January, We have a defcit in
the $1 trillion plus arena, which means
we must borrow at least a trillion dol-
lars additional a year in order to fund
the defcit. And, so, the debt ceiling
currently at $14.3 trillion, which is 95
percent of gdp, has to go up by another
trillion or so every 12 months.
Not long after Gross made this state-
ment, he sold most, if not all, of his U.S
Treasuries. What do you know? He was
right on the money. The proposal from
the Treasury is a $2 trillion increase in
the debt ceiling to cover the next two
years.
Raising the debt cap by $2 trillion
will be granted . Thats about all that
will get done because if Congress cant
even cut $38 billion, how can it cut
$4 trillion? (Thats four thousand bil-
lion.) It cantthe cuts will never mate-
rialize. America will just get more and
more infation as the dollar is printed
out of thin air to cover the cost. There is
no way this ends well.
$2 trillion mile
marker on road to
Perdition

USA WATCHDOG, GREG HUNTER | MAY 6
and more Asian nations to make in the months and years ahead.
The vast majority of Chinese citizens support Beijings plan to launch
the nations frst aircraft carrier, despite the fact that most also believe
the move will trigger an arms race across Asia. A poll published by
the Chinese newspaper Global Times on Thursday showed that nearly
80 percent want the Chinese military to launch the carrier, and 56.5
percent anticipate increased risks of a region-wide arms race in Asia or
with other nations, including the United States, as a result of the launch.
Beijing and other analysts have said Beijing could launch its frst air-
craft carrier, a reftted vessel from the former Soviet feet, in 2011. The
move is viewed as an initial step in establishing an operational Chinese
carrier feet. Safeguarding territorial integrity and fending off inva-
sions at sea were ranked as the top reasons for China to develop aircraft
carriers (77.8 percent), the Global Times said. China will be the third
Asian nation, after India and Thailand, to have an aircraft carrier, and
the move could increase military pride in China, and worries elsewhere.
CNS NEWS | April 29
China Has decreased its
Holdings of U.s. debt
S
iNce September 2008, when they eclipsed Japan, entities in
mainland China have been the largest foreign owners of U.S.
government debt. But, as indicated by the Treasury Department
Chinese ownership of U.S. treasury securities peaked in October 2010
and has declined in each of the four most recent months reported by
the Treasury Department.
Back in February 2001 the mainland Chinese owned only $63.7
billion in U.S. debt. In the ensuing decade, the Chinese massively in-
creased their holdings of U.S. treasury securities, and especially in the
past fve years. In February 2006, China owned $318.4 billion in U.S.
debt and Japan owned $656.4 billion.
In September 2008, the Chinese moved ahead of the Japanese in
their U.S. debt holdings. In the two years between September 2008
and October 2010, Chinas holdings of U.S. government debt had
increased to their peak of $1.1753 trillion.
After that, mainland Chinese holding of U.S. government debt de-
clined for four straight months. Entities in Hong Kong have also been
decreasing their ownership of U.S. government debt. Hong Kong own-
ership of U.S. treasury securities peaked at $152.4 billion in February
2010. By the end of February 2011, that had dropped to $124.6 billion.
africa/latin aMerica
C
hriStiaNS iN Nigeria continue to suffer. Attacks by supporters of
failed presidential candidate Muhammadu Buhari have forced
14,000mainly Christiansto fee their homes in the Nigerian
state of Kaduna in the north/center of the country. Buhari has previ-
ously called for sharia law to be imposed in the north, though he has
denied he has a radical Islamist agenda. His supporters have killed
around 300 people and destroyed about the same number of houses.
Meanwhile, in Egypt, Coptic Christians are planning on May 6 to pro-
test attacks on the San Marco cathedral in Abbasseya. Christians hope
their demonstration will draw 1 million people.
Venezuela has performed all the necessary requirements for
THE TRUMPET WEEKLY May 7, 2011 7
They shall cast their silver in the streets,
and their gold shall be removed: their silver
and their gold shall not be able to deliver
them in the day of the wrath of the LORD: they
shall not satisfy their souls, neither ll their
bowels: because it is the stumblingblock of
their iniquity. Ezekiel 7:19
mexico, russia,
thailand add $6
Billion of gold to
reserves
mexicO, ruSSia and Thailand added gold
now valued at about $6 billion to their
reserves in February and March as
prices advanced to a record, the dollar
weakened and Treasuries lost investors
money.
Mexico bought 93.3 metric tons
since January Russia increased its
reserves by 18.8 tons to 811.1 tons in
March and Thailand expanded assets
by 9.3 tons to 108.9 tons in the same
month, the data show. Central banks
are expanding their gold reserves for
the frst time in a generation as pur-
chases by billionaire investors includ-
ing John Paulson contributed to bullion
extending its longest winning streak
since at least 1920.
Central banks have good reason to
buy gold, said Peter Morici, a professor
of business at the University of Mary-
land in College Park and a former eco-
nomic adviser to the U.S. government.
The dollar is no longer a safe asset for
backing currencies. Treasuries are not a
sound investment and budget and debt
issues mean central banks should buy
gold, he said.
Since the end of 2009 countries in-
cluding India, Sri Lanka, Mauritius and
Bangladesh have bought gold. Before
this years purchases, gold accounted
for about 0.2 percent of Mexicos total
reserves, and 2.6 percent of Thailands
reserves. The metal accounts for more
than 70 percent of reserves of the
U.S. and Germany, the biggest hold-
ers, World Gold Council data show.
Mexicos gold accumulation confrms
the demand of emerging market central
banks to diversify their reserves, said
Bayram Dincer, an analyst at lgt Capi-
tal Management in Pfaeffkon, Switzer-
land. They will be the big buyers for
years to come.

BLOOMBERG | MAY 4
Colombia to extradite a drug kingpin to the country, Colombian Interior
and Justice Minister German Vargas Lleras said on April 29, in a sign
that Colombia is favoring Venezuelan despot Hugo Chvez over the U.S.
Walid Makled was one of the worlds most-wanted drug smugglers. He
is rumored to have recordings of all of his dealingsincluding those
with high-ranking members of the Venezuelan government. If released,
that information would be catastrophicand could even bring down
Chvezs government. Key government members could faces charges
of money laundering, drug traffcking and even terrorism. Rather than
extraditing Makled to the U.S., Colombian President Juan Manuel
Santos agreed to give Makled to Venezuela in return for signifcant
concessions. This decision shows Colombia moving gradually away
from the U.S. and toward the other nations in the region.
anglo-aMerica
A
lOt of negative economic data was released about America this
week. Independent ratings agency Weiss Ratings downgraded
Americas sovereign debt rating to a C. This is equivalent to
a BBB in the system used by Moodys, Fitch and S&P. It is only two
notches above junk. The Weiss Ratings are based solely on statistics
and dont take into account factors like political stability, unlike other
ratings agencies. Americans claiming unemployment beneft rose to
the highest number since August 2010. According to fgures released
on May 5, 474,000 claimed state unemployment benefts last week.
Growth of non-farm productivity also slowedfalling from 2.9 percent
annually last quarter, to 1.6 percent. The U.S. dollar hit a three-year low
against other major currencies on May 4, with analysts expecting it to
sink further still. The eurodespite the eurozones troubles, remained
strong. One in seven people in the U.S. received food stamps, according
to a report from the U.S. Department of Agriculture. Americas economy
continues to struggle to recover.
The Mississippi River is threatening to burst its banks, threatening
towns across the southern U.S. The U.S. Army Corp of Engineers has
been blowing up levees to try to stop the foodingso the water covers
felds and farms rather than towns and cities. Compared to the Great
Mississippi Flood of 1927 this food is going to be a lot nastier, Mary
Pope, senior hydrologist at the National Weather Service in Jackson,
said. Already major roads have been shut because of foodwaters.
JOEL HILLIKER | Columnist
twisters, Floods,
droughtwhats
wrong with the
weather?
I
t WaS the worst disaster in America since Katrina. In just 24 hours
last week, the southern U.S. got shredded by 312 tornadoesmore
than double what America had ever seen in one day. Between Mon-
day and Thursday, a total of 362 twisters hit seven stateskilling over
350 people, injuring thousands more, cutting power to a million others,
and splintering entire towns. The most violent of the twisters was 20
times normal size. It tore a scar one mile wide and a record 300 miles
THE TRUMPET WEEKLY May 7, 2011 8
did You see god at
the royal wedding?
We live in a world yearning
for answers, for solutions.
Last Friday, the solution
to our problems came in
the form of a royal wed-
ding. More specifcally, the
truth embodied within the
ceremony.
Take the words, sung by
the choir, which accompanied Catherine
Middleton as she walked down the isle.
Jerusalem is builded as a city: that is at
unity in itself. O pray for the peace of Je-
rusalem: they shall prosper that love thee.
Peace be within thy walls: and plenteous-
ness within thy palaces. Written 3,000
years ago by King David, one of the great-
est songwriters of all time, and canonized
in the 122nd Psalm, these words foretell
the Second Coming of Jesus Christ, at
which point the city of Jerusalem will be-
come the headquarters of Gods Kingdom.
Dwell on that for a moment. Last Friday,
2 billion people witnessed Catherine Mid-
dleton glide down the aisle to music that
prophesied of a time when Jesus Christ
will return and then rule from Jerusalem!
After the bride found her place be-
side Prince William, the cavernous halls
of Westminster Abbey resonated with
the sound of 1,900 guests singing a
hymn written by Welsh preacher William
Williams. Guide me, O thou great Re-
deemer, pilgrim through this barren land;
I am weak, but thou art mighty; Open
now the crystal fountain whence the heal-
ing stream doth fow; let the fery cloudy
pillar lead me all my journey through;
strong Deliverer, be thou still my strength
and shield.
What a moving sight: Nearly ONe third
Of humaNity watching as the congrega-
tion recalled in unison the story of the
Israelites Exodus from Egypt, and even
more, the spiritual journey from Egypt
that God plans for all mankind to take in
due time!
From start to fnish, the wedding of
Prince William and Catherine Middle-
ton was flled with hymns, anthems and
prayers taken directly from the Word of
God. That ceremony was pOWerful and
mOviNg instruction in the miNd aNd plaN Of
gOd. Above all, it contained life-chaNg-
iNg knowledge that, if applied, would help
solve problems!
If you believe this, then you have to
wonder: Was the royal wedding an inspir-
ing gift from God to a hopeless world?

BRAD MACDONALD | COLUMNIST
long across Alabama and Georgia.
All this hit just days after another devastating rash of 155 tornadoes
between April 14 and 16. The past 10 Aprils have each spawned an
average of 161 tornadoes in the U.S.; the previous April record was 267.
But last month, that number was an unparalleled 600-plus. This is a
history-making tornado outbreak, said meteorologist Jeff Masters.
The crazy thing is, when it comes to disasters, history-making is
becoming commonplace. Every few weeks it seems, the Earth unleashes
unprecedented fury of another sort. Even with Alabama, Arkansas, Geor-
gia, Kentucky, Mississippi, Missouri, Oklahoma and Tennessee in states
of emergency from the tornadoes, other disasters are striking elsewhere.
Texas is withering from its worst drought since 1895. Ninety-fve
percent of the state is in severe drought or worse, a group of national
climate experts said last Thursday; over 70 percent is in extreme or
exceptional drought. Some experts estimate that Texan wheat farmers
have given up on up to 70 percent of their wheat acreage. And the bone-
dry conditions have created a tinderbox for more than 6,900 wildfres
this year that have torched more than 2 million acres across the state.
Wildfres are also blazing in Arizona, charring 23,000 acres so far.
Ironically, at the same time, other parts of the country are being
deluged with severe fooding. Farmland across Arkansas sits several
inches underwater after heavy rains last week. Thousands of acres of
the states most fertile farmland have been wiped out. Communities
in Missouri and Illinois are also under threat after heavy rains and
melting snow swelled the Ohio and Mississippi rivers to record levels.
Nobody has seen this type of water in the system, the president of the
Mississippi River Commission said. Its an unprecedented food.
Unprecedented. These where-did-this-come-from, once-in-a-
lifetime, never-before-witnessed calamities are piling up on top of one
another. Why? Lets not forget that weather is not entirely random. It
has a Maker. And it has a Sustainer. If you believe the Bible, God chal-
lenges you to accept its assertion that He has power over the potent and
destructive phenomena that are increasingly besieging our world. He
can create them, and He can prevent them.
WALL STREET JOURNAL | May 3
about 1 in 7 in U.s.
receive Food stamps
G
rOWth iN the food stamp program appeared to reach a plateau
in Februarywith 14.3 percent of the population relying on the
safety net program.
The number of food stamp recipients was essentially fat in Febru-
ary, the most recent month available, with 44.2 million Americans
receiving benefts, according a new report from the U.S. Department of
Agriculture.
The food stamp program ballooned during the recession as work-
ers lost their jobs or saw their hours and income reduced. The rise in
recipients has begun to fatten in recent months, which may mean that
as the economy is improving fewer Americans are seeking to join the
program. Enrollment in the program is still high though, with 11.6
percent more people tapping benefts in February than the same month
a year earlier.
Mississippi and Oregon were among the states with the largest share
of the population utilizing food stamps in February: At least one in fve
residents in each state were receiving benefts. Wyoming had the lowest
rate of recipients with just 6.6 percent of the states residents using food
stamps.
THE TRUMPET WEEKLY May 7, 2011 9
ShOckiNg, NeWly-releaSed statistics in Brit-
ain show that 91,234 foreign nationals were
arrested for crimes that included rape, mur-
der and burglary in 2010. This compares
with 51,899 in 2008nearly doubling in
two years.
The fgures were divulged in answers to
Freedom of Information demands to the po-
lice, but as only 19 police forces responded to
the request, the true number for all 52 forces
could be more than twice as high. Mike Full-
er, ex-chief constable of Kent, warned that
his force was struggling with an immigrant
crime wave, which he said had contributed
to a sharp increase in violent crime.
Extrapolating the numbers across all
police forces in Britain, more than 750,000
foreigners have been arrested since 2008,
according to the Daily Mail Online. EU na-
tionals are committing more than 500 of-
fenses a week and, due to EU treaties, Brit-
ain is powerless to deport them. More than
54,000 EU citizens have been convicted of
crimes (including murder) in the past two
years in Britain, with Polish and Romanian
migrants topping the crime tables.
However, while it certainly suits the
politically correct British mainstream
media to subtly suggest that most foreign
criminals come from Eastern Europe, the
newly revealed fgures show a shocking
increase in criminal activity in areas with
long-established immigrant communities.
From the gun-wielding black gangs, the
foreign drug smugglers and their wars, the
people traffckers, the Asian heroin gangs,
the pedophile grooming gangs, Asian fake
car crash gangs, the London child mugging
gangs, the driving test scams, the beneft
fraudsters, the foreign squattersincluding
the traveler squatters, the British people
are ensnared in a snake pit of foreign
crime brought on by successive liberal poli-
ticians and judges who themselves enjoy
police protection and can afford to live in
areas unaffected by this criminal blight!
The fact that Britain is shackled to the
European Court of Human Rights makes
deporting foreign criminals almost impos-
sible. Thousands of foreign prisoners avoid
deportation by claiming they will be mis-
treated (tortured) if returned home. The
most popular new human right increas-
ingly claimed is the right to a family life,
which has become the number one excuse
used by convicts to block their removal
from Britain.
Britain gripped by
immigrant Crime
tsunami
THETRUMPET.COM,
CRAIG MILLAR | May 4
Its even harder to believe how faSt Mr. Armstrongs successors
methodically destroyed everything he established and built over the
course of his lifelong service to God!
Beginning in 1989, however, the same God who raised up Mr. Arm-
strongs ministry went to work raising the ruins of his incredible legacy
(Amos 9:11). Many of you have become faithful supporters of thiS work
as a resulteither as subscribers to the Trumpet magazine or as view-
ers of our weekly television program, the Key of David.
Right now, we have well over 300,000 monthly subscribers to the
print version of the Trumpet. And over the last four months, traffc at
our website has increased by over 25 percent, compared to last year.
The Key of David program, meanwhile, is one of the more popular,
well-established religious programs on television today. The weekly
broadcast, presented by my father, plays on 194 television stations
worldwide. Since it began in 1993, Mr. Flurry has recorded 600 differ-
ent episodes.
Now added to that, fnally, is a new program to be televised every
weekday, beginning next week!
In The Trumpet Daily, we believe we now have an ideal complement
to both the Trumpet magazine and the Key of David. With daily televi-
sion content now available, we have an even greater opportunity to
arouse interest in our audience and to grab hold of their attention every
day.
When Mr. Armstrong frst considered the prospect of daily televi-
sion during the 1950s, he said the work needed more than one program
per week simply because of the many forms of entertainment that were
turning people away from God.
He learned that it wasnt easy winning people to Christ when there
were so many distractions working against them. And that was in 1956!
What would he say about the noisy, plugged-in, entertainment-crazed
society of our digital age today?
God prophesied it would be this way just before the return of Jesus
Christ to this Earth in power and glory. Read 2 Timothy 3.
And yet, even as we see our society unravel in these latter days, God
is expanding and growing His work in preparation for His soon-coming
world government to be established in Jerusalem!
Say not ye, There are yet four months, and then cometh harvest?
behold, I say unto you, Lift up your eyes, and look on the felds; for they
are white already to harvest (John 4:35). My father quoted this verse
in a recent letter he sent to our faithful co-workers. There still is a huge
WOrk to be done before Christ returns, he explained, which is why we
will be testing the effectiveness of daily television this summer.
To begin with, we will be airing the program on two national cable
networks, Monday through Friday: The CW-Plus Network (5:30 a.m.
eSt/pSt) and gSN (6:30 a.m. eSt/pSt). In order to get this up and running,
we have started with more affordable times early in the morning, just
as Mr. Armstrong did. So it will undoubtedly take time to build up a
regular viewing audience, particularly on gSN, which doesnt begin its
network programming until 8 a.m.
But one advantage we obviously have over Mr. Armstrongs era is the
rapidly improving quality of television broadcasting over the Internet.
For those who cannot access The Trumpet Daily on television, our new
website (www.trumpetdaily.com) will enable you to watch the program
every dayat any time. You can also view the programs and additional
videos we produce on our YouTube channel.
As my father admonished co-workers in his recent letter, be praying
for the results of this testthat it might become a real breakthrough for
Gods work! We have the attention of a pretty good audience out there,
but in this age with so many distractions, its hard to bring them along,
he wrote. We must help them to see that they must get iNtO their bible,
and act on what theyre hearing!
THE TRUMPET WEEKLY May 7, 2011 10
DAILY from page 1
royal wedding
why the whole
world watched
frOm SydNey to Stockholm,
Seoul to Santiago they
watched, glued to television
screens for a seeming mag-
ic, even fairy-tale moment
the marriage of a real royal
prince to his bride.
What is it that so fasci-
nates the world about the
British royal family?
British commentator, Charles Moore,
observed that There are other royal wed-
dingsin Spain, or Sweden, or Swaziland
and I am sure they are very nice. But they do
not stand for anything much in the eyes of
the world. They dont echo in the imagina-
tion of humanity. Our one does (April 29).
Out of the 196 nations that blanket this
world, why does such an occasion in one
of its smaller island land masses, largely
isolated from the great continents, appear
so unique?
As Moore furtherand very correctly
muses, [N]othing else anywhere has the
archetypal quality of what was shown in
Westminster Abbey, the same closeness be-
tween what is unspeakably grand and what
is ordinarily human.
Mankind subconsciously yearns to be
guided and governed by an authority that
would produce all the blessings, the peace
and happiness of which the masses are
largely deprived. The occasional British
royal wedding gives, humanly, a glimpse
of the best of that of which the English-
speaking peoples were once seen capable
of fulflling. A glimpse of, as Sir Winston
Churchill put it, the prior capabilities of
the last best hope for mankind.
Sadly, the prospects of fulflling that
last best hope faded with the demise of the
British Empire, to be only briefy and spas-
modically revived under a mere handful of
U.S. presidents during Americas postwar
rise to power.
Yet, far and above all that, the Supreme
Being does have a defnite plan for all who
ever have or who will be yet born of woman.
Its a royal plan of a level far and above that
which any human being can imagine. It
involves the preparation of all humankind
to inherit, in common, a royal inheritance
of unimaginable proportions.
What the world witnessed during last
Fridays royal wedding was but a glimpse,
in physical type, of its own future royal
heritage.

RON FRASER | COLUMNIST

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