<em>Editor's Notes: Globalization is not just a trend, it's a soon-coming reality and a clear sign of the Last Days and the rise of the antichrist. The antichrist will institute a universal government, monetary system, and religion. The Book of Revelation tells us that one day, a single man will rule all the people and nations on the earth: “And he was given authority to rule over every tribe and people and language and nation.” Revelation 13:7 (NLT) With each passing day more and more nations are surrendering their sovereignty to larger global institutions such as the European Union, the United Nations, the International Monetary Fund, and the World Court.</em>
<blockquote>“I believe the four horses of Revelation are already out of the barn; they are beginning to ride in our generation.”
<p style="text-align: right;">-Jim Bakker in “Prosperity and the Coming Apocalypse”</p>
</blockquote>

European Commission President Jose Manuel Barroso is pushing for a closer union among the member nations.

“I am not sure whether the urgency of this is fully understood in all the capitals,” Barroso said. He said the euro zone is facing a “systemic problem” and that a closer union would be necessary to forge a “vision of where we need to go.”

Barroso praised the EU’s quick response over the weekend in providing a bailout to Spain calling it an example of the EU’s “ability to act quickly.” 

The Commission is the European Union’s executive arm. The Commission has been working on a “banking union” that would work to combine banks across all member nations in a never-before seen manner. A bank bailout fund would be created using a tax on all financial institutions; an EU-wide deposit guarantee similar to the FDIC in the United States and a single regulator to oversee all banks within member nations.

The leader of the liberal group ALDE said the problem is not enough “Europe” in the European Union.

“Federal Europe is the solution,” he said in response to Barroso’s comments.

Barroso’s statements concluded with a reiteration that the EU needs to be further combined.

“Fragmentation is not an option,” he said adding the further integration of the seventeen-nation eurozone was “indispensible.”