The Rise of an Empire – Part 3

TimeWatch Editorial
January 8, 2016

In part I and 2, we have taken a look at the dominance of the Papacy in the world, and its subsequent wound that was received in 1798. We saw how their power was decimated and their property seized. We saw however that the Congress of Vienna.” Which was held February 11, began the process of the healing of the deadly wound. But they were without their accustomed wealth. David Rivera, in his book entitled: “Final Warning: A History of the New World Order, says the following:

“In the 1800’s, the Vatican wasn’t doing very well financially. Their credit was so bad that no Christian banker would help them. In 1835, James Mayer Rothschild (1792-1868) stepped in and lent them $200,000. Pope Gregory XVI (1831-46) was so grateful that he awarded the Rothschild family with a Papal decoration. Ever since then, the Rothschilds have been one of the financial agents of the Vatican.” David Rivera, “Final Warning: A History of the New World Order

Since then of course, the Rothschilds are identified as the “Vatican Bankers.” Still however, this pittance was certainly not enough to restore to power the totality of the Holy See. Listen to how David Rivera explains the situation.

“For years, the Popes ruled a 16,000 square mile area in central Italy, which was referred to as the Papal States. That was reduced to about 4,891 square miles in 1860 when the Kingdom of Italy was formed. In September, 1870, Italian troops marched on Rome and ended the temporal power of the Pope, and limited his sovereignty to the palaces of the Vatican, the Lateran in Rome, and the villa of Castel Gandolfo.”

“On February 11, 1929, Cardinal Gasparri and Italian Premier Benito Mussolini signed the Treaty of Conciliation (known as the Lateran Agreement), which established the independent state of Vatican City, and also made Catholicism the official religion of Italy. The agreement compensated the Vatican for their lost land ($40,000,000), and transferred about 5% of the government’s bonds (about $50,000,000) to them. The Lateran Treaty was made part of the Italian Constitution (Article 7) in 1947.” David Rivera, “Final Warning: A History of the New World Order ,

$90,000,000 in 1929 had about the same buying power as $1,235,852,631.57 in 2015. To properly calculate the buying power of this money, we must then evaluate the buying power of $1,235,852,631.57 in 1929. That would be $16,970,352,521.88. The Vatican was back, holding a financial value that compared with about 10% of the Gross Domestic Product of the United States.

Eric Jon Phelps, in his book “Vatican Assassins” describes the financial restoration of the Vatican.

“By [February] 1929, the time of the Lateran Treaty [by which Mussolini restored the Temporal Power of the Pope], the Vatican’s State treasure had become an official fund, so that when Mussolini in that same year turned over 1,750 million lire (the equivalent, at that time, of 92 million dollars) to the Vatican as a final settlement of the Roman question, Pope Pius XI, no less a good businessman than Benedict [XV], invested most of this vast sum in America immediately after the market collapse [in October, 1929, caused by short-seller Joe Kennedy]. The move was a profitable one, for, following the Great Depression of the thirties [1929-1939], the Church reaped colossal profits when the U.S. economy recovered [via FDR’s socialist-communist New Deal and newly created, Military Industrial Complex patronized by the U.S. Congress with the credit created by the Pope’s privately owned, cartel-capitalist Federal Reserve Bank].” Eric Jon Phelps, “Vatican Assassins” page 928.

Today, the Vatican’s holdings are extraordinary. The Holy See’s economic control is not just influential, but also based upon ownership. Revelation chapter 18, Verses 11-18 is a detailed list of her portfolio.

“And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more: The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble, And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men. And the fruits that thy soul lusted after are departed from thee, and all things which were dainty and goodly are departed from thee, and thou shalt find them no more at all. The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing, and saying, alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls! For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off, And cried when they saw the smoke of her burning, saying, What [city is] like unto this great city!” Revelation 18: 11-18.

Notice that Revelation 18 does not merely detail her portfolio, but her final destruction.

Cameron A. Bowen

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