Friday, July 27, 2007

MARKET TUMBLES TWICE THIS WEEK

ON TUESDAY THE DOW DROPPED 226 POINTS AND NOW ON THURSDAY IT DROPPED 311 POINTS. ALSO DROPPING IN CANADA AND EUROPE AND ASIA.

THE BIBLE SAYS THERE WILL BE A STOCK MARKET CRASH SOMEWHERE DOWN THE LINE. IN JAMES 5:1-3 THE RICHES THAT PEOPLE HAVE STORED UP HAVE COME TO NOT, AND THEIR WEEPING AND WAILING. THEY HEAPED TREASURES FOR THE LAST DAYS AND GOLD AND SILVER IS USELESS. AND IN JERIMIAH 7:19 THEY (STOCK TRADERS) ARE THROWING THEIR GOLD AND SILVER IN THE STREETS AS IT IS WORTHLESS, AND THEIR WEALTH WILL DESTROY THEM INSTEAD OF PROTECT THEM IN THE DAY OF THE LORD (THE TRIBULATION PERIOD)


AS OF 2PM FRIDAY THE STOCK MARKET IS DOWN 113 POINTS AGAIN THE DOW.
Market braces after Dow dives
July 27, 2007 - 8:59AM


Traders show the stress on the floor of New York Stock Exchange today Wall Street suffered its second-biggest plunge of the year. Photo: AP

The Australian share market is expected to be hit hard this morning by the massive declines in New York with a particularly bleak outlook for the miners, as all metals but tin traded lower overnight.At 6.49am on the Sydney Futures Exchange, the September share price index was down 160 points to 6084.Australian stocks tumbled last night, led by miners. The benchmark S&P/ASX200 index closed 82 points lower at 6258.5, while the All Ordinaries lost 76.6 points to 6301.4.The Australian dollar opened weaker today. At 7am it was trading at $US0.8710/12, down from yesterday's close of $US0.8837/43.

The falls come after US shares plunged with key indices losing more than 2 per cent in one of the worst selloffs this year by investors gripped by housing market and credit crunch fears.The Dow Jones Industrial Average fell as much as 448 points on more signs of deterioration in the US housing market and problems in financing corporate takeovers before bouncing back, ending down 296 points or 2.15 per cent at 13,489.51 at the closing bell.Earnings reports also weighed on stocks. A drop in quarterly profit at Exxon Mobil Corp. wiped out more than $16 billion in market value of the world's largest publicly traded company. Exxon's stock slid 5.4 percent to $87.72.Worrying news on housing came from home builders DR Horton and Beazer Homes. Both posted quarterly losses.Financial shares took a beating on concern that the problems of the battered subprime mortgage market will spread.

The Dow Jones industrial average was down 375.23 points, or 2.72 percent, at 13,409.84. The Standard & Poor's 500 Index was down 45.75 points, or 3.01 percent, at 1,472.34. The Nasdaq Composite Index was down 75.12 points, or 2.84 percent, at 2,573.05.You have to have a simmering effect now. We've just gone in one direction - north, said Todd Schoenberger, executive director of brokerage at USAA.The question is: where are we going with corporate credit? he said.The Chicago Board of Options Exchange's volatility index , a gauge for measuring investor anxiety, shot to its highest level in more than 13 months.Late morning, as losses mounted, the New York Stock Exchange imposed trading curbs to restrict large-block sales when a stock is falling.Beazer's stock was down 11.9 percent at $15.01 while D.R. Horton was down 3.8 percent at $16.81.

In addition to the weak corporate results, a government report showed a sharper-than-expected drop in June new home sales, while home builder WCI Communities Inc. said the real estate market downturn was hurting its push to sell itself. The stock fell 21 percent to $8.95 on the NYSE.Exxon led decliners on the S&P 500, following by Citigroup Inc., down 4.2 percent at $47.19. Adverse credit market conditions are spilling over into the financing of corporate deals, which have helped to drive stocks to recent record highs.Dow Chemical Co. reported a slight increase in quarterly earnings, but its shares fell 5.9 percent to $42.99, as some analysts argued that a lower-than-expected tax rate helped boost earnings more than improved demand.European shares also fell across the board yesterday, suffering their biggest daily drop in five months.

Banks were among the biggest drag on the index with Royal Bank of Scotland Credit Suisse and UBS down between 3.0 and 3.4 per cent.Frankfurt's DAX lost 2.4 percent, Paris's CAC 40 declined 2.8 per cent and London's FTSE 100 tumbled 3.2 per cent.The FTSE 100 slid by the biggest one-day percentage since March 2003. The banking and mining sectors were worst hit by economic jitters.AFP/REUTERS/THE AGE.COM

EU, US to make GPS and Galileo satellite networks compatible Thu Jul 26, 1:27 PM ET

BRUSSELS (AFP) - The European Union and the United States agreed on Thursday to make the US GPS satellite navigation system and its EU rival Galileo compatible, they said in a joint statement. EU and US experts agreed on plans for a signal, dubbed multiplexed binary offset carrier or MBOC, to be used by both the popular US Global Positioning System and the EU's Galileo system, which is still in development.In the future, users will be able to receive signals from both systems, which would allow for more precise services and wider geographical coverage.

The military-run GPS, developed in the United States and due to be updated, has long been used in cars, boats and aircraft for positioning as well in mapping, fisheries and scientific research.Meanwhile, Europe's Galileo system is intended to be a rival to GPS, but it has failed to get off the ground due to cost over-runs and bickering among the private contractors.A Commission spokesman said the agreement would allow GPS to be more precise even when there was strong interference, allowing it to locate an object to within 3.5 metres (11.5 feet) instead of 10 currently.Galileo, which is scheduled to be operational in 2012, is supposed to be able to locate an object to within one metre.

Abbas Wants Israel Peace Deal in a Year JULY 27,07

Abbas Says He Hopes to Reach a Peace Agreement With Israel in Less Than a Year
Palestinian President Mahmoud Abbas heads a cabinet meeting at his office in the West Bank city of Ramallah, Thursday, July 26, 2007. Abbas said Thursday he hopes to reach a final peace agreement with Israel in a year or less.(AP Photo/Muhammed Muheisen) The Associated Press By KARIN LAUB Associated Press Writer RAMALLAH, West Bank (AP)

Share Palestinian President Mahmoud Abbas said Thursday he hopes to reach a full peace deal with Israel within a year, after Israel's prime minister floated the idea of starting with a joint declaration on the contours of a Palestinian state. Abbas spoke to reporters after telling an Israeli newspaper that President Bush promised him he would push hard to conclude a Mideast agreement before he leaves the White House in January 2009.Israel Gaza Strip George W Bush Salam Fayyad Hamas Islamic Jihad In the Gaza Strip, three Israeli airstrikes killed five Palestinians, including the military leader of the Islamic Jihad there. Later, four Islamic Jihad members were wounded in a firefight with Hamas forces at the scene of one of the airstrikes, following a dispute over items in the targeted vehicle, witnesses said.
Also Thursday, Mohammed Dahlan, a leader of Abbas' vanquished forces in Gaza, said he would resign as national security adviser, citing health reasons. Dahlan was widely blamed for the surprising collapse of the pro-Abbas forces in five days of fighting that ended with Hamas' takeover of the coastal Gaza strip last month.

A committee of inquiry appointed by Abbas recommended Thursday that 60 members of the security forces face trial for their poor performance in Gaza, said an Abbas aide, Rafiq Husseini.The Hamas takeover of Gaza has spurred a flurry of diplomatic activity, with the international community lining up behind Abbas and his West Bank-based government of moderates.On Thursday the government, headed by Prime Minister Salam Fayyad, approved a platform that includes acceptance of all previous peace deals with Israel. The Hamas refusal to endorse the peace accords and renounce violence led to an international aid cutoff. The aid has been restored to Fayyad's government.

Bush is planning an international peace conference in the fall, Secretary of State Condoleezza Rice is arriving next week for more talks with the Israeli and Palestinian leaders and former British Prime Minister Tony Blair is settling in as the international Mideast envoy.Abbas was quoted Thursday by the Israeli daily Maariv and the comments were later confirmed by his aides that Bush and Rice told him they'd work hard for a final peace deal within a year.The Americans are determined to push the sides to reach a peace agreement during President Bush's current term, Abbas was quoted as saying. I heard this with my own ears from the president himself and from Secretary of State Rice.

Asked Thursday about the U.S. assurances, Abbas was evasive, but said We hope to have a comprehensive peace with the Israelis within a year or even less than that.
Yossi Beilin, leader of Israel's dovish Meretz Party, said Abbas told him Thursday that he wants to move quickly toward a final peace deal. If there is an opportunity now, then it's better to go for the whole thing than a declaration of principles, Beilin quoted Abbas as saying.Beilin said Abbas' time in office was also a factor. The maximum he has is another year-and-a-half. He does not have any intention to be a candidate for another term, Beilin said.However, Abbas also reiterated Thursday that he wants to hold early presidential and legislative elections, though he has not set a date. It's not clear whether Abbas would refrain from running if a vote is held soon. A potential successor as leader of his Fatah movement, Marwan Barghouti, is serving five consecutive life terms in an Israeli prison.

Olmert's aides, meanwhile, confirmed the prime minister wants to formulate a declaration detailing what a Palestinian state in Gaza and most of the West Bank would look like. However, they hinted that it would leave out the most difficult issues, such as final borders and the fate of Palestinian refugees.In the Maariv interview, however, Abbas said the final result must be resolved first.It's likely that implementation will take time, that the timetable will be drawn out, but what's important is that the Palestinians know the final result, the end game, at the start,Abbas was quoted as saying.2007 The Associated Press.

7/27/2007
Senior Israeli official backs negotiated pullout from most of West Bank
Eds: INCORPORATES BC-Israel-Ramon.AP Photos By MATTI FRIEDMAN Associated Press Writer


JERUSALEM (AP) -- One of Israeli Prime Minister Ehud Olmert's closest confidants said Friday that Israel should withdraw from most of the West Bank in a negotiated deal with the Palestinians and that a previous plan for a major unilateral pullback was no longer viable. Vice-premier Haim Ramon, one of the politicians closest to Olmert, told Israel Radio that he favored reducing the Israeli presence in the West Bank to the large settlement blocs and that NATO forces could replace Israeli troops in the areas evacuated. In my eyes, the occupation of the territories threatens our very existence, our legitimacy and our international standing, Ramon said in the radio interview. The major blocs are in the northern and southern parts of the West Bank and to the east of Jerusalem. According to settlement watchdog Peace Now, more than 100,000 of the approximately 260,000 West Bank settlers live in these three clusters.

Ramon would not specify the scope of the pullout he envisaged, but said a plan floated by Olmert before his election in 2006 for a unilateral pullout from 90 percent of the West Bank was no longer a possibility, certainly not in one step.
He said Israel's 2005 unilateral withdrawal from the Gaza Strip was an option of last resort forced by the breakdown of talks with the Palestinians in 2000, and that the political situation has been transformed since Palestinian President Mahmoud Abbas' split last month with the radical Islamic Hamas. That split led to Abbas' installation of a government of Western-leaning moderates under former international banker Salam Fayyad. The Palestinian Authority is now headed by two people committed to negotiations and fighting terror, Ramon said. We have a partner. The moment there's a partner, we must renew negotiations with him and reach agreements, he said. In an interview published Friday in the mass-circulation Israeli daily Maariv, Abbas praised Olmert and was upbeat about prospects for progress toward peace.

I am optimistic, I work with Olmert, the paper quoted Abbas as saying. We are about to meet every few weeks and move forward, he said. The two leaders last met July 16, in Jerusalem. An official in Olmert's office said Friday no date or venue had so far been finalized for the next session. Secretary of State Condoleezza Rice is arriving next week for talks with Olmert and Abbas, but her office hasn't said if there will be a joint meeting of the three. In an excerpt from the Maariv interview released Thursday, Abbas said both Rice and President Bush promised to push hard to conclude a Mideast agreement before Bush leaves the White House, in January 2009. I heard this with my own ears from the president himself and from Secretary of State Rice, Abbas told the paper. They want to reach an agreement between Israel and the Palestinians in the next year. His aides confirmed those comments.

Aides to Olmert said Thursday he wants to formulate a declaration detailing what a Palestinian state in Gaza and most of the West Bank would look like. However, they hinted that it would leave out the most difficult issues, such as final borders and the fate of Palestinian refugees. Abbas ejected Hamas from a coalition government after the group's fighters chased his Fatah forces out of the Gaza Strip last month in five days of brutal fighting. Abbas aide Nabil Amr said Friday that security officials and field commanders deemed responsible for the defeat would face trial or disciplinary proceedings within the Fatah movement. More than a dozen people have already resigned from their posts, including Mohammed Dahlan, a former Gaza strongman who was not in Gaza during the fighting.

There are those whom a court of law or justice will hold accountable, and there are those whom Fatah will handle, Amr said. He did not mention any names, but said some senior Fatah members could face disciplinary action. The Hamas takeover of Gaza spurred a new round of diplomatic activity, with the international community lining up behind Abbas and his moderate government. On Thursday, the government approved a platform that includes acceptance of all previous peace deals with Israel. Hamas' refusal to endorse the peace accords and renounce violence led to an international aid cutoff. The aid has been restored to Fayyad's government.

Ramon Wants NATO to Protect Israel JULY 27,07

(IsraelNN.com) Additional details from Deputy Prime Minister Chaim Ramon's interview on Kol Yisrael radio this morning: Ramon wants NATO forces to be in charge of security in the areas Israel hands over to the Palestinian Authority. Ramon did not say how much of Judea and Samaria should be vacated by Israel, but he did say that Prime Minister Ehud Olmert's pre-election Converegence plan, which called for handing over 90% of Judea and Samaria to the Arabs, is no longer on the table, at least not as a one-step plan.

Iran, 2; Israel 0 - By Caroline B. Glick

Iran has built webs of alliances with other nations, alliances that have significantly deepened since last summer's war. Time for America, Israel to wake up
http://www.JewishWorldReview.com | Jafar Kiani was an anonymous Iranian prisoner until earlier in the month he became the first Iranian to be stoned to death since 2002. Iran's decision to revert to domestic barbarism is just one aspect of the regime's strategy for terrorizing its people sufficiently to quell all pockets of resistance to its rule. The regime's determination to prevent an internal rebellion is an integral part of its larger plan to cast aside all obstacles to its acquisition of nuclear weapons.

Iran already possesses what it needs to make nuclear bombs. What it needs is time. Last summer's war against Israel was timed to provide Iran with a respite from international pressure. Hizbullah's abduction of IDF reservists Eldad Regev and Ehud Goldwasser took place the day before the leaders of the G-8 were scheduled to discuss Iran's nuclear program. By ordering the assault on Israel, Iran diverted their attention away from its nuclear program. Ever since the war, the Olmert government has declared that the war split the Muslim world into two camps -- the moderates and the extremists. Operating on the basis of this perceived split, Israel has sought to build a coalition with the moderates in the hopes that such a coalition will block Iran from acquiring the bomb.

A year after the war, the time has come to make a renewed assessment of the situation. Are moderates blocking Iran from acquiring nuclear weapons? If not, what has transpired? A good place to start the analysis is with an item that appeared on both Prime Minister Ehud Olmert's and Iranian President Mahmoud Ahmadinejad's to-do list this week. Both leaders telephoned Turkish Prime Minister Recip Erdogan to congratulate him on his Islamist AKP party's electoral victory on Sunday. Turkey is perceived as the paragon of Muslim moderation. Olmert, Foreign Minister Tzipi Livni and President Shimon Peres have all stated that Israeldoes not have a problem with AKP's Islamist character. Indeed, in a bow towards Turkish friendship, Olmert revealed last week that Turkey has been facilitating talks between Israel and Syria towards an Israeli surrender of the Golan Heights.

Yet Ankara's readiness to encourage Israel to hand the Golan Heights over to Iran's client state does not necessarily indicate that Turkey is Israel's friend. Indeed, since the AKP rose to power in 2002, it has distanced Turkeyfrom both Israel and the US while warming Turkish relations with Iran and Syria. Starting with Turkey's refusal to participate or support the US-led overthrow of Saddam Hussein's regime, recent years have been marked by steadily increasing Turkish hostility. Two weeks ago, to Washington's dismay, Turkey signed a $3.5 billion gas deal with Iran. As to Israel, Erdogan was the first leader to host Hamas terror masters after the jihadist movement won the Palestinian elections in January 2006. During last summer's war, Iran shipped arms to Hizbullah through Turkey. Turkey's leaders have repeatedly declared their support for Iran's right to develop its nuclear program.

Iran's courtship of Turkey is but one aspect of its foreign policy. Over the past several years, Iran has built webs of alliances with other states, alliances that have significantly deepened since last summer's war. In the first circle, Iran has its clients -- Syria, Hizbullah, the Shiite, (and increasingly the Sunni), militias in Iraq, and the Palestinians. Just as these forces fought together last summer, so they will fight together in the future. Ahmadinejad's visit to Damascus last weekend was strikingly similar to meetings he held with his terror underlings before last summer's war. In its second circle, Iran has cultivated strategic ties with countries in Latin America, which led by Venezuela, share its hatred for America. These ties serve three purposes. First, they provide Iran with a global deterrent against the US. Second, they provide Iran with ready support in diplomatic forums. Third, they build support for Iran among the progressive set in the US and Europe.

In Iran's third circle of alliances are countries like Russia, China and Egypt. While all these states publicly oppose Iran's acquisition of nuclear weapons, they effectively block the international community from taking effective action against Iran's nuclear program. In the meantime, Israel's coalition of moderates has failed to materialize. The leaders of the sought for coalition, Saudi Arabia and Egypt refuse to take any action against Iran. Indeed, they effectively support Teheran. In February, Saudi King Abdullah feted Ahmadinejad during a state visit. The next month, by mediating the formation of the Hamas-Fatah government, Abdullah enabled Iran's Palestinian proxy to gain control of the Palestinian Authority. As for Egypt, it is using Iran's nuclear program as cover to advance its own nuclear weapons program. Then there are the great powers and foremost among them Russia, France and the US. Any UN action against Iran must be agreed upon by all three. And there is little chance of that ever happening.

Russia is Iran's ally. Russia supplied Hizbullah and Syria with arms and intelligence during last summer's war. In the intervening year, Russia has sold advanced weapons systems to both Iran and Syria. Last weekend's report in the Arab media regarding Iranian financing of Syrian purchases of Russian jet fighters, tanks and missiles is part of this overall picture. Israeli analysts scoffed at the report noting that the billion dollars Ahmadinejad pledged is insufficient to purchase the weapons he outlined. But those weapons will not all be going to Syria. Last April Iran and Syriasigned an agreement essentially merging their militaries. Syria's Defense Minister Mustafa Muhammad Najjar told reporters in Damascus, We consider the capability of the Syrian defensive forces as our own. He added that Iran, offers all of its defense capabilities to Syria.

While Russia is selling the weapons to Syria, a Russian military official said of the aircraft, The Syrians will be getting the top line of Russian aircraft through financing by Iran and [will] share some or most of the platforms with the Iranian air force. Jane's Defense Monthly reported that at least ten of the artillery-missile systems will also be transferred to Iran. Russia also acts as Teheran's diplomatic shill. During a summit in Teheran last month Russian Foreign Minister Sergei Lavrov said, We do not see any kind of threat from Iran. In a subsequent visit to Israel, Lavrov insisted that Russia's arms sales pose no threat to the Jewish state, and anyway, the only way for Israel to ensure its security is to surrender the Golan Heights to Syria.

But the Olmert government refuses to acknowledge that Russia has reinstated its Cold War hostility towards Israel. It vapidly praises President Vladimir Putin for his positive role in the region and continues to adhere to the line that Russia will agree to UN Security Council action against Iran. Then there is France. Last summer France displayed open hostility towards Israel in its representation of the Lebanese government in which Hizbullah was then a member at the UN ceasefire talks. On the other hand, in 2005 France joined forces with the US to expel the Syrian military from Lebanonafter the assassination of former Lebanese prime minister Rafik Hariri.

Israel hoped that with Nicholas Sarkozy's victory in the presidential race, France would take a more pro-Israel stance. Unfortunately, the opposite occurred. Sarkozy has warmed French ties with the Iranian-Syrian-Hizbullah axis. Sarkozy legitimized all three when he invited Hizbullah representatives to participate in talks he held with Lebanese factions outside of Paris this month. Additionally, early this month France led ten EU member states in meddling in the Palestinian-Israeli conflict. The foreign ministers of these largely Mediterranean EU member states sent a letter to Quartet envoy Tony Blair, demanding, among other things, that Israel agree to the deployment of international forces in Judea and Samaria, and that Hamas be invited to participate in an international conference on the issue.

As France treats with Iran on Lebanon, the US follows a similar course of engaging the mullah on Iraq. After his meeting with his Iranian counterpart in Baghdad this week, US Ambassador Ryan Crocker announced the formation of a joint US-Iranian security committee which will discuss Sunni terrorism in Iraq. Apparently in the interest of advancing America's security cooperation with Iran, the State Department refused to raise the issue of the five American citizens being held hostage in Iran at the meeting. And with the prospect of diplomatic progress with Iran on Iraq in the air, the UScertainly doesn't want to rock the boat by pursuing the issue of Iran's nuclear weapons program.

Indeed, Iran's carrot and stick approach to powers like the US and Franceform a fourth circle of ties. Iran has worked to neutralize threats from these countries by attacking their interests in other spheres: Lebanon, in the case of France, and Iraq, in the case of the US. Given both countries enthusiasm for engagement, it seems that the mullahs have hit on the right approach. Israel has experienced some achievements regarding Iran over the past year. The UN Security Council did pass two sanctions resolutions against Iran. With the active lobbying of opposition leader Binyamin Netanyahu, many US public employee pension funds are moving to divest from companies that do business with Iran. And this week, British Prime Minister Gordon Brown announced that like his predecessor Tony Blair, he will not rule out the option of using military force to prevent Iran from acquiring nuclear weapons.

Yet despite these achievements, Iran has made steady progress with its nuclear program. Wednesday Ahmadinejad announced, Iran will never abandon its peaceful [nuclear] work. Sunday, a senior Iranian official told The Independent that with almost 3,000 centrifuges operating at its nuclear facility at Natanz, We have at the moment enough centrifuges to go to a bomb.Back in Israel, this week Olmert made clear that he wishes to advance contacts with the Palestinians towards an Israeli withdrawal from Judea and Samaria. His advisors told reporters that Olmert is moved by his desire to get beyond his failure in last year's war and the criminal investigations into his shady business dealings. He wishes to be perceived as a statesman.

Of course if Olmert truly wishes to be seen as a statesman, then he shouldn't be concerning himself with Israeli withdrawals that will only strengthen Iran. He should change his strategic focus to Iran which threatens to wipe Israel off the map. Despite his government's protestations to the contrary, there is no coalition of moderates to work with against Iran. There is no coalition at all. And time is not in Israel's favor. If Olmert wishes to gain the public's support, and even admiration, he must quickly build and deploy a military option for destroying Iran's burgeoning ability to destroy the State of Israel.

David's Comment: Bush & Blair versus YHVH - Who Will Prevail ?

Jer 30:3 For behold, the days are coming, says the LORD, that I will bring back from captivity My people Israel and Judah, says the LORD. And I will cause them to return to the land that I gave to their fathers, and they shall possess it.(NKJ)

The spiritually based, political & military conflict in the Middle East continues to intensify. Every day we are receiving more and more news reports of Israel's enemies conspiring to join ranks in the interest of destroying the Jewish State. Just this past weekend Mahmud Armadinejahd, the demonised leader of Iran, met with the similarly Hell inspired Syrian president Bashar Assad, to prepare their strategy for a war with Israel, possibly in the next few weeks. Sheik Nizrallah, the leader of Hizb'Allah is also preparing his forces in readiness for another war. In the south, Hamas controlled Gaza is a hotbed of terror, with ongoing Kassam rockets attacks into Israeli towns and a frantic race to bring in as much weapons as possible before the launch of a concerted Islamic Arab war against Israel.

While Israel's obvious enemies openly prepare for war, the Israeli military is doing its best to regather its ability to defend the nation against the military might of the above mentioned nations. But they are doing it with at least one hand tied behind their backs. That hand has been tied up by the President of the United States and his dream of a Two State Solution. For several years now Bush and his hench-woman Condalesa Rice, have been forceably manipulating Israeli leaders to abide by the US plan for the future of the Middle East. And Bush seems to be very proud of opposing the will of God. He recently gloated - I became the first American President to call for the creation of a Palestinian state and I laid out a new vision for the future – two democratic states, Israel and Palestine, living side-by-side in peace and security. To bring this vision to pass Bush will have to compel Israel's godless and weak prime minister Olmert to withdraw from the Biblical Jewish heartland of Judea and Samaria. Late last week Bush was quoted as he announced his plans that Israel would have to reduce its footprint in the West Bank.

Who does Bush, who professes to be a Christian, think he is ? In advocating the establishment of a Palestinian State in Judea and Samaria, Bush is directly opposing the God of Abraham, Isaac & Jacob. Bush is telling Jewish people to get out of Judea and Samaria, in spite of the fact that God says that He will multiply the Jews on that land - Ezekiel 36:8-12 But you, O mountains of Israel, you shall shoot forth your branches and yield your fruit to My people Israel, for they are about to come. For indeed I am for you, and I will turn to you, and you shall be tilled and sown. I will multiply men upon you, all the house of Israel, all of it; and the cities shall be inhabited and the ruins rebuilt. I will multiply upon you man and beast; and they shall increase and bear young; I will make you inhabited as in former times, and do better for you than at your beginnings. Then you shall know that I am the LORD. Yes, I will cause men to walk on you, My people Israel; they shall take possession of you, and you shall be their inheritance; no more shall you bereave them of their children.(NKJ)

Satan must be very please with George Bush, as his plan for a Palestinian State on Israeli land is straight from Hell, and IF it comes to pass, ( I dont believe it will ), it will prevent or at least seriously delay the 2nd coming of Yeshua. Acts 3:21 clearly states that Yeshua must remain in Heaven until all of the prophecies ( including Ezek 36:8-10) are fullfilled ).

And just to compound Israel's problems, we now have ex UK prime minister poking his 'new age' nose into the situation as the new official Middle East Envoy. Blair, who also professes to be a Christian, is reportedly planning to convert to Catholicism, us a very dangerous man. He is a smooth talking, power hungry man, who it seems wouldn't have the faintest idea what it means to be a Christian, or what YHVH says in His Word, particulalrly in regards to Israel. Even before he arrived in Israel Blair said that he is willing to meet Hamas and is already talking of Palestinian State to be established in the not too distant future.

As I am seeing on the news, floodwaters ravaging much of the western England & parts of southern Texas, I can't help but wonder if the Lord in His mercy, is giving Bush and Blair, and their nations, a watery warning, before He sends the FIRE of His wrath against the nations for their ill-treatment of the Jews and for dividing His Land. ( Joel 3:1 ) The water has does a lot of damage to homes, businesses and roads, but what is coming on the nations may leave very little behind.

Its President Bush & Tony Blair versus YHVH - Who Will Prevail ? Its a foregone conclusion ! They are no match for the Holy One of Israel. We need to pray for both of these seriously misguided men, in the hope of saving them from making the greatest mistake of their lives. The future of the US, the UK and all of the nations they are allied with in opposition to God's plans for Israel, is looking very grim indeed.

The Lord bless you as you bless Israel by standing in defense of her right to exist on the land given to the Jewish people by the God of Israel . Lets pray that Israel will turn back to their God. Do not be silent, but share this with your fellow Christians, share it with your pastors, and with anyone you have a chance to speak to. Lets also pray for that breakthrough to the Muslims, and please remember to pray for our son Jordan, and all of his fellow soldiers in the IDF.

Shabbat Shalom .. . David & Josie

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