Wednesday, June 14, 2006



1-2 tectonic Earthquakes hit Mindanao. 2-Shares dive as Global fears grow. 3-Terrorist fantasies based on death.

LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

2 tectonic earthquakes hit Mindanao By MADEL R. SABATER

While some active volcanoes in Luzon and the Visayas are showing restiveness, two earthquakes of tectonic origin yesterday struck Mindanao, the third and fourth earthquakes on the island this month. The Philippine Institute of Volcanology and Seismology (Phivolcs) said the first of the two temblors occurred at 3:16 a.m. yesterday, with the epicenter located 11 kilometers northwest of Surigao City in the northeastern tip of Mindanao. Seismologists said the earthquake, which registered at 3.7-magnitude, was traced to a movement along the Philippine Fault Zone (PFZ) East Mindanao Segment. Intensity 2 was felt in Surigao City.

The second temblor occurred yesterday at 1:27 p.m. which registered a 3.3-magnitude. The epicenter of the earthquake was located six kilometers southwest of Surigao City, where intensity 2 was felt in the area. The second temblor was also believed to have been caused by the movement along the PFZ — East Mindanao Segment. Last June 4, a 4.5-magnitude temblor also jolted Surigao del Sur, particularly Bislig town and Butuan City. Its epicenter was located at 34 kms southeast of Tandag, the capital of Surigao del Sur. Last June 11, a 2.3 magnitude quake struck Zamboanga del Sur’s Pagadian City, which was felt at intensity 1 in Zamboanga City.

The only temblor this month which occurred outside Mindanao was recorded last June 1 in Iba, Zambales. The two quakes yesterday is said to be the 56th and 57th recorded this year and the fourth and fifth temblor to be registered for this month. Meanwhile, after four steam and ash emissions this month, the Philippine Institute of Volcanology and Seismology (Phivolcs) has
raised Kanlaon volcano’s alert level from zero to one. Phivolcs is now raising the alert status of Kanlaon volcano from its repose (no alert) to Alert Level 1 to implement an initial stage of safety precautions, it said. Phivolcs said heightened alert on the volcano indicates that "all visits" within the volcano’s four kilometer Permanent Danger Zone (PDZ) are suspended until further notice.

Areas fronting gullies leading to the upper slopes should be avoided because lahar and rockfalls may affect these areas, especially during heavy rains on the volcano’s slopes, the institute added. Phivolcs said Kanlaon volcano was "quiet" during the 24-hour observation period yesterday. However, it warned that Kanlaon’s low-level period of unrest could intensify. Last June 3 at about 2:30 p.m., the volcano showed its first steam/ash emission, described by seismologists as a brief period of steam/ash emission.

19 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 fill their bowels: because it is the stumblingblock of their iniquity.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

Shares dive as global fears growMarc Moncrief,June 14, 2006

THE biggest one-day fall in Australian shares since September 2001 has wiped $26 billion from value of the stockmarket, underlining growing fears about global inflation and increasing interest rates.Continuing a worldwide sell-off that began last month, the benchmark Australian ASX 200 index yesterday tumbled 127.1 points, or 2.56 per cent, to close at 4838.9.It was the second big fall in a week, and added to a downward spiral that has now wiped more than $90 billion, or almost 10 per cent, from the market since May 11 — the day booming metal prices drove the index to a record 5364.5 points.The market has been overdue for some sort of correction," said IOOF chief executive Ron Dewhurst. "I've had a view for a while that the second half of this year will be more volatile than the past 12 months have been.

However, he said superannuation fund members and other investors affected by the share market slump should think long-term. The important thing is for people not to be too concerned, Mr Dewhurst said. Nothing in the underlying market has changed. Four of the
past five trading days have ended in the negative and on three of those days the market has fallen by more than 1.5 per cent.Yesterday's fall was the biggest since the market lost 4.69 per cent on September 17, 2001, in the wake of the September 11 terrorist attacks on New York and Washington.The boom in Australian stocks over the past three years has been fuelled by China's burgeoning demand for resources, including iron ore, coal and copper. Increasingly, the growing middle class in India has added to this demand.

Low world interest rates have made it easy to borrow money and the developing world's investment in infrastructure has built an apparently insatiable thirst for materials.Miners such as BHP Billiton, the world's largest, have revelled in this environment, struggling to extract metals, coal and oil quickly enough to satisfy the demand. BHP's share price last month soared to a record $32 — more than double its level 18 months ago.But since the peak, world metal prices have plummeted 18 per cent, as measured by the London Metals Exchange index, and BHP's share price has followed accordingly, now down 21 per cent from its all-time high.

With tonight's release of US inflation figures expected to prompt the 17th consecutive interest rate increase from the Federal Reserve, investment conditions could continue to worsen. Governments raise interest rates to stave off rapid price increases, but higher interest rates may also slow business activity in the world's largest economy.As Australian investors slept off the Queen's Birthday holiday on Monday night, America's S&P 500 index crashed to its lowest level since November. But analysts urged calm.

The market has just gone back to where it was in February,said AMP Capital Investors economist Shane Oliver. At this stage it is not a disaster.Mr Oliver said Australian shares were still 14.6 per cent higher than they were 12 months ago. Since a low of 2700.4 in March 2003, the index had nearly doubled by May 11. Even after recent losses, $100 invested in the index at its 2003 low would be worth about $180 this morning.

I don't think there's any major implications for super fund members," Mr Oliver said. "Markets do occasionally have setbacks.

GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence through them; and, behold, I will destroy them with the earth.

16 I also will do this unto you; I will even appoint over you( sudden) terror, consumption, and the burning ague, that shall consume the eyes, and cause sorrow of heart: and ye shall sow your seed in vain, for your enemies shall eat it.

GENESIS 16:11-12
11 And the angel of the LORD said unto her, Behold, thou art with child, and shalt bear a son, and shalt call his name Ishmael; because the LORD hath heard thy affliction.
12 And he will be a wild man; his hand will be against every man, and every man's hand against him; and he shall dwell in the presence of all his brethren.

ISAIAH 33:1,18-191 Woe to thee that spoilest,(destroys) and thou wast not spoiled;(destroyed) and dealest treacherously, and they dealt not treacherously with thee! when thou shalt cease to spoil,(destroy) thou shalt be spoiled;(destroyed) and when thou shalt make an end to deal treacherously, they shall deal treacherously with thee.
18 Thine heart shall meditate terror. Where is the scribe? where is the receiver? where is he that counted the towers?
19 Thou shalt not see a fierce people, a people of a deeper speech than thou canst perceive; of a stammering tongue, that thou canst not understand.

JOHN 16:2
2 They shall put you out of the synagogues: yea, the time cometh, that whosoever killeth you will think that he doeth God service.

Terrorist fantasies based on death June 14,2006 ,MICHAEL GOODWIN

A common lament among Israelis is that “we will have peace when Arabs love their children as much as we love ours.”The phrase captures the horror and mystery of terrorism, where some parents beam with pride as their children strap on suicide belts and blow themselves up along with scores of innocents. The same sick fantasies were on display after the death of Iraq’s public enemy No. 1, Abu Musab al-Zarqawi.We’re not sad that he’s dead,” his brother-in-law told the New York Daily News.

We’re happy because he’s a martyr and now he’s in heaven. There was no mention of the 72 virgins supposedly awaiting him, but the point was clear. The fear of death is no deterrent to Islamic fascists. Death in battle is welcomed, for it assures eternal glory. Never mind that al-Zarqawi beheaded people, sent bombers to blow up weddings and funerals of fellow Muslims and even massacred children clamoring for candy.The bloodier al-Zarqawi’s deeds, the higher his status. The prince of Al Qaeda in Iraq, Osama bin Laden dubbed him. The mysterious Islam-based affection for death is the greatest problem in the world, and it is why President Bush was wise to temper his joy at al-Zarqawi’s death.

The head of the snake has been chopped off, but there is a seemingly endless supply of snakes. We have killed thousands of insurgents in Iraq, yet the deadly attacks have increased. And snakes are multiplying in Syria, the Gaza Strip, Somalia and Iran, which seems hell-bent on getting The Bomb and using it on Israel.

In a minority

With a billion Muslims in the world, or nearly one out of every five people on the planet, it is clear that the vast majority are not terrorists. But it is also a fact that nearly all the major acts of terrorism in the world today are carried out by Muslims. Many Muslims have courageously condemned terrorists. In a speech last November, Saudi Arabia’s ambassador to the U.S. confronted the fact that 15 Saudis were among the 19 terrorists on Sept. 11. These deviants do not represent Saudis or the Islamic faith, he said. We no more supported the criminal act committed on Sept. 11 than the people of Italy or the Italian government supported the terrorist activities of the Red Brigade, or the Germans supported the violence of the Bader-Meinhof gang.

He went on to say: “Much as al-Qaida tries to connect its acts with Islam, it cannot, any more than the Waco suicide pact of David Koresh and his Branch Davidians, which killed 74 people, can claim to be Christian, or Baruch Goldstein who massacred more than 20 Palestinians in a mosque in Hebron can claim to be Jewish. Good and fair points. Yet neither Koresh nor Goldstein left an organization dedicated to carrying on his grisly traditions. But as author Mark Steyn noted in a brilliant essay in the magazine City Journal about the spreading terror threat, “As communism retreated, radical Islam seeped into Africa and south Asia and the Balkans.

Crazy guys holed up in Philippine jungles and the tri-border region of Argentina, Brazil and Paraguay who’d have been ‘Marxist fantasists’ a generation or two back are now Islamists. It is, of course, not polite to say such things, or to refer to Iran as kooks with nukes,as Steyn does. But now is no time for politeness. For as bloody as al-Zarqawi was, his homicidal heirs aim to
make him look like an amateur. God help us if even one succeeds.

TRIBUNE MEDIA SERVICES, Michael Goodwin is a Pulitzer Prize-winning columnist for the New York Daily News, 450 West 33rd Street, New York, N.Y. 10001; e-mail:

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