Introduction:

      The European Union has steadily moved forward in its attempt to unite Europe politically and economically.  It has succeeded in creating a European parliament, a court and, in the near future, a common currency.

      January 1, 1999, marked the beginning of the European Monetary Union (EMU) with 11 member countries locking the value of their currency, called the Euro, which actually appeared in 2002.  The Euro has the potential to become a strong force in the international monetary scene, possibly supplanting the dollar as the world's currency of choice.

      Great Britian will not be joining the EMU at the present time.  There has been a great distrust of what Britian sees as a German-dominated monetary union.   The debate is still raging between conservatives who wish to remain independent of the continent and those in the liberal camps who do not wish to be left behind when Europe becomes a superpower.

      One of the more controversial ideas put forward at a recent European summit was a plan for a European income tax to finance the European Union.  The proposal was forwarded by the President of the European Parliament, Jose Maria Gil-Robles.   In his view, the direct taxtion of the people would more closely involve individual citizens with the European government.

      Other issues of concern to the European Union include the admission of new members into the union, which has created a heated debate.  Some of hte countries seeking membership are at odds with each other, like Greek Cyprus and Turkey.   Settling these membership questions will take time.

      [See The Coming World Leader for more on the eventual leader of this ultima te superstate.]

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News Sources

European Court Rules Against Crucifixes in Italy's Public Schools - The Vatican on Tuesday denounced a ruling by the European court of human rights that said the display of crucifixes in Italian public schools violates religious and education freedoms. In a decision that could force a review of the use of religious symbols in government-run schools across Europe, the court ordered Italy to pay a $7,390 fine to a mother in northern Italy who fought for eight years to have crucifixes removed from her children's public school classrooms. The Italian government said it would appeal.

Europe Edges Out North America as Richest Region - The economic and financial crisis of the past 18 months has transformed the global map of the world's wealthiest people, with Europe nudging out North America as the richest region, according to Boston Consulting Group.

Jobless Rate in 'Eurozone' Highest In 10 Years - Unemployment levels across the 16 countries that use the euro hit a 10-year high in July, as the impact of the recession continued to be felt. The number of people unemployed across the eurozone region totalled 15.1 million people in July, a seasonally-adjusted rate of 9.5 percent.

Conservatives Gain In European Parliament Elections - Europe was leaning to the right ahead of European Parliament elections Sunday, with voters in many countries favoring conservative parties against a backdrop of economic crisis. High unemployment across Europe has increased voter dissatisfaction with mainstream national parties, and skepticism over the EU's power to help spur recovery.

Sarkozy To Obama: Lay Off EU About Turkey - This weekend, President Obama encouraged the EU to give Turkey membership, saying, "The United States and Europe must approach Muslims as our friends, neighbors and partners in fighting injustice, intolerance and violence." French President Nicolas Sarkozy responded with not-so-subtle suggestion that Obama mind his own business. The EU is divided over Turkish membership, largely because of human rights abuses and the massive shift of power that would occur if Turkey - with its large population - joined the EU.

AntiChrist - The Alternate Ending - Chuck Missler When studying prophecies concerning the AntiChrist, we should remember that the Roman Empire had an eastern leg that, in fact, survived the western leg by a thousand years! Click for more information - Audio Cassette