Monday, September 15, 2008

15 DEAD - 3 MILLION POWERLESS YET

STORMS HURRICANES-TORNADOES

LUKE 21:25-26
25 And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity;(MASS CONFUSION) the sea and the waves roaring;(FIERCE WINDS)
26 Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken.

15 IS DEAD THOUSANDS HOMELESS AND 3 MILLION POWERLESS AS IKE DID FLOOD AND TERRORISE TEXAS AND AREA. GEORGE W I WARNED YOU THIS WAS A WAKE UP CALL TO GET OFF ISRAELS BACK ABOUT DIVIDING JERUSALEM, YOU CAN'T TOUCH GODS HOLY CITY WITHOUT WARNINGS, THEN BIG DESTRUCTION. WHEN WILL AMERICA LEARN TO LET THE EU TAKE ITS ROLE IN END TIME EVENTS AND AMERICA TO GET OUT OF THE PEACE PROCESS FOR GOOD.

Remnants of Ike blamed for 15 deaths in Midwest By DANIEL J. YOVICH, Associated Press Writer SEPT 15,08

CHICAGO - Losing it devastating punch as a major hurricane, Ike nevertheless drubbed the Midwest with powerful winds and floodwaters that are being blamed for at least 15deaths. More than a million homes and businesses lost electrical power on Sunday and thousands of people were forced to evacuate their homes. Authorities were to continue on Monday to assess damage and map recovery.The death toll from Ike rose to 30 people in eight states extending from the hurricane-pounded Gulf Coast to the storm-battered Midwest.Illinois officials said they planned to ask Gov. Rod Blagojevich to issue a disaster declaration for both the city of Chicago and Cook County, a move that would make additional funds available to deal with flood-related costs.Cook County was placed under a state of emergency as thigh-high water prompted dozens of boat rescues in Chicago.No deaths were reported Sunday in Illinois, but elsewhere in the Midwest the remnants of Ike proved deadly.Six people died in floodwaters and high winds in Indiana, the state's Department of Homeland Security said Monday. Among them were a teacher and his father, who were sucked into a culvert and drowned Sunday morning while trying to rescue a 10-year-old boy from a flooded ditch in Chesterton in northwest Indiana, the state officials said. Falling trees were blamed for three deaths in southern Indiana. Another death in the southern part of the state was wind-related, officials said.

We've never had flooding like this, said Tom DeGiulio, town manager in Munster, Ind. About 40 Indiana National Guard troops were activated Sunday to assist with the evacuation of up to 5,000 residents there.Three people died in Missouri, including a 21-year-old woman who was likely swept away by rising floodwaters while trying to help another man, authorities said. Two died in the St. Louis area — a woman struck by a tree limb and an elderly man found dead in a home's flooded backyard. Authorities suspect the man drowned.Strongs winds were blamed for three deaths in Ohio. Two motorcyclists were killed when a tree toppled onto them at a state park in southwest Ohio, said state Department of Natural Resources spokesman Jason Fallon, and a woman was killed when a tree crashed into her home in Hamilton County, just north of Cincinnati.In Tennessee, two men sitting in a golf cart on the 16th hole of a Nashville golf course were killed when a tree fell over on them Sunday morning, fire department spokesman Ricky Taylor said.One death was reported in Arkansas, where a 29-year-old man was killed when a tree fell on a mobile home as he was preparing to leave, authorities said.The remnants of Ike dumped as much as 6 to 8 inches of rain in parts of Indiana, Illinois and Missouri, spawned a tornado Arkansas that damaged several buildings, and delivered hurricane-force winds to Ohio, forcing Cincinnati's main airport to temporarily shut down. Flooding in Missouri closed the street in front of St. Louis' famed Gateway Arch.Power outages darkened more than a million homes and businesses in Ohio and Kentucky.More than 680,000 Duke Energy customers were without power Sunday night in southwest Ohio and northern Kentucky in the biggest outage in the company's history, said Duke Energy spokeswoman Kathy Meinke.It's going to be quite extensive, Meinke said. Over 90 percent of our customers are without service.

More than 354,000 customers were without power in central Ohio, said American Electric Power spokesman Jeff Rennie. About 310,000 Ohio Edison customers were in the dark in northeast Ohio, said spokeswoman Robin Patton.In Chicago, Saturday's rainfall of 6.64 inches at O'Hare International Airport set a record for a single day. The previous record was 6.49 inches, recorded on Aug. 14, 1987. In Missouri, winds as high as 60 mph and torrential rains of up to 7 inches raised new concerns about swelling rivers. Major flooding was expected along the Mississippi from Ste. Genevieve to Cape Girardeau by late this week, the National Weather Service said.

Strong winds prompted the Cincinnati/Northern Kentucky International Airport to evacuate its control tower and cancel about 40 flights before resuming air traffic, airport spokesman Ted Bushelman said. Strong gusts ripped off part of the roof from a Delta Airlines hangar and damaged another airport building, Bushelman said. He said winds were up to 74 mph. Associated Press reporters Tom Coyne in Indiana and Meghan Barr in Ohio contributed to this report.

Nearly 2,000 brought to safety in Texas after Ike By CHRISTOPHER SHERMAN, Associated Press Writer SEPT 15,08

GALVESTON, Texas - As teams persisted in the biggest search and rescue operation in Texas history, a new phase of the disaster wrought by Hurricane Ike was only beginning while thousands of people faced long stays in crowded shelters because their homes were damaged or destroyed. The death toll from Ike rose to 28, but many of those were far to the north of the Gulf Coast as the storm slogged across the nation's midsection, leaving a trail of flooding and destruction. Glass-strewn Houston was placed under a weeklong curfew, and millions of people in the storm's path remained in the dark.Rescuers said they had saved nearly 2,000 people from waterlogged streets and splintered houses by Sunday afternoon. Many had ignored evacuation orders and tried to ride out the storm. Now they were boarding buses for indefinite stays at shelters in San Antonio and Austin.I have nowhere to go, said Ldyyan Jonjocque, 61, waiting for a bus while holding the leashes of her four Australian shepherd dogs. She said she had to leave two dogs behind in her home. She wept as she told of officers rescuing her in a dump truck.In hard-hit towns like Orange, Bridge City and Galveston, authorities continued their door-to-door search well into the night, hoping to reach an untold number of people still in their homes, many without power or supplies.Many of those who did make it to safety boarded buses without knowing where they were going or when they could return to what might remain of their homes.Shelters across Texas scurried to find enough cots, and some evacuees arrived with little cash and no idea of what the coming days held.

Even for those who still have a home to go to, Ike's 110 mph winds and battering waves left thousands in coastal areas without electricity, gas and basic communications — and officials estimated it may not be restored for a month.We want our citizens to stay where they are, said a weary Galveston Mayor Lyda Ann Thomas. Do not come back to Galveston. You cannot live here at this time.Michael Geml has braved other storms in his bayfront neighborhood in Galveston, where he's lived for 25 years, though none quite like Ike. The 51-year-old stayed in the third-story Jacuzzi of a neighbor's house, directly on the bay, with family pets as waves crashed across the landscape. But amid the havoc, Geml asked anyone who would listen — even his rescuers — for an odd commodity: cat litter for his spooked feline.

I'll never stay again, Geml said. I don't care what the weatherman says — a Category 1, a Category 2. I thought I was going to die.Kathi and Paul Norton huddled inside their house in Crystal Beach until it collapsed and was swept away. Their flag pole kept the house from collapsing on top of them, buying them a few seconds to escape, holding onto the staircase.You never know what a hurricane is like until you ride it on a staircase, said Kathi Norton, 47. As she spoke outside the giant, warehouse-like shelter on a former Air Force base in San Antonio, busloads of new evacuees were arriving, bumper to bumper.The hurricane also battered the heart of the U.S. oil industry as Ike destroyed at least 10 production platforms, officials said. Details about the size and production capacity of the destroyed platforms were not immediately available, but the damage was to only a fraction of the 3,800 platforms in the Gulf.It was too soon to know how seriously it would affect oil and gas prices.

President Bush made plans to visit the area on Tuesday.He said getting power restored is an extremely high priority and urged power companies to please recruit out-of-state people to come and help you do this.Ike was downgraded to a tropical depression as it moved north. Roads were closed in Kentucky because of high winds. As far north as Chicago, dozens of people in a suburb had to be evacuated by boat. Two million people were without power in Texas, Arkansas and Louisiana. Of the 28 dead, five were in the hard-hit barrier island city of Galveston, including one body found in a vehicle submerged in floodwater at the airport. There were two other deaths in Texas and four in Louisiana, including a 16-year-old boy trapped in rising floodwaters. Several were farther inland. Two golfers died when a tree fell on them in Tennessee. There were two deaths in Indiana; three died in Missouri. One person died in Arkansas and three in Ohio, including two motorcyclists killed when a tree toppled on them at a state park. Ike killed more than 80 in the Caribbean before reaching the U.S. Houston, the nation's fourth-largest city, was reduced to near-paralysis in some places. But power was on in downtown office towers Sunday afternoon, and Texas Medical Center, the world's largest medical complex, was unscathed and remained open. Both places have underground power lines. Its two airports — including George Bush Intercontinental, one of the busiest in the United States — were set to reopen Monday with limited service. But schools were closed until further notice, and the business district was shuttered. Five people were arrested at a pawn shop north of Houston and charged with burglary in what Harris County Sheriff's spokesman Capt. John Martin described as looting, but there was no widespread spike in crime. Authorities said Sunday afternoon that 1,984 people had been rescued, including 394 by air. Besides people literally plucked to safety, that figure includes people met by crews as they waded through floodwaters trying to find dry ground. Still others chose to remain in their homes along the Texas coast even after the danger of the storm had passed. There was no immediate count Sunday of how many people remained in their homes, or how many were in danger. The Red Cross reported 42,000 people were at state and Red Cross shelters Saturday night. The search-and-rescue effort included more than 50 helicopters, and 1,500 searchers and teams from federal, state and local agencies. From the city of Orange alone, near the Louisiana line, more than 700 people sought dry ground — a Herculean effort to organize a reverse evacuation that nobody had ever planned for, Mayor Brown Claybar said.

Rescue crews vowed to continue the search until they had knocked on every door. They were helped by receding floodwaters, but there were constant surprises as people rowed and sloshed through towns. The storm also took a toll in Louisiana, where hundreds of homes were flooded and power outages worsened as the state struggles to recover from Hurricane Gustav, which struck over Labor Day. In Hackberry, La., about 15 miles from the coast, workers moved a large shrimp boat out of the highway with a bulldozer, but the team had to stop because of strong currents in the floodwaters and difficulty in seeing the roadway. Thayne Culbertson, a disabled veteran and commercial fisherman, rode out the storm at a friend's apartment in Galveston. As someone who has been through several hurricanes, he decided to stay behind for Ike in case he could help. Instead, help had to find him. He was picked up by a helicopter after a toppled utility pole battered the building and windows were blown out. He later boarded a bus to San Antonio. During the storm, he said, the sand felt like it was peeling away your skin.Associated Press Writers Michael Kunzelman in Orange, Juan A. Lozano and Jon Gambrell in Galveston, Allen G. Breed in Sabine Pass, Doug Simpson in Baton Rouge, La., and Pauline Arrillaga and Chris Duncan in Houston contributed to this report.

China evacuates a half million for tropical storm: report SEPT 15,08

SHANGHAI (AFP) - China evacuated nearly half a million people from coastal areas as tropical storm Sinlaku bore down, but officials said the mainland was expected to escape the worst, state media reported Monday. Authorities also ordered 30,000 fishing boats to return to harbour in the eastern province of Zhejiang as heavy rains hit, indicating Sinlaku was moving closer, Xinhua news agency said.However, the storm, which was about 200 kilometres (125 miles) off China's eastern coast and moving northwest, was expected to change direction and not make landfall in mainland China, Xinhua quoted Zhejiang Meteorological Bureau chief Li Jian as saying.Still, Zhejiang Governor Lu Zushan said that Sinlaku remained a threat and downpours accompanying the storm could trigger landslides and flash floods.In southeast Fujian province, 230,000 people have moved to safer places and the same number have been relocated in Zhejiang, Xinhua said.Sinlaku lashed Taiwan over the weekend, leaving at least four dead, causing landslides and power blackouts and uprooting trees.It was downgraded from a typhoon early Monday, the agency said.

Four dead in Taiwan typhoon Mon Sep 15, 3:43 AM ET

TAIPEI (Reuters) - Four people were killed and seven reported missing on Monday after Typhoon Sinlaku brought winds of up to 160 kph (100 mph) to Taiwan, causing a section of bridge to collapse and a fatal mudslide. Seventeen people were injured around the island as the typhoon dumped as much as 1,400 mm of rain in some mountainous areas of the north. Winds and rain tapered off by early Monday.Part of a bridge in Taichung county of central Taiwan collapsed, killing at least one person in a vehicle that plunged from the span into fast-moving waters below.Two others died in a mudslide in northern Taiwan. The fourth fatality occurred when a motor scooter slid into the ocean.The centre of the storm was 410 km (250 miles) northeast of Taiwan at 2:30 p.m. EDT on Monday. Meteorological service tropicalstormrisk.com said Sinlaku would weaken to a tropical storm as it headed for Japan.Sinlaku is the fourth storm of the season to hit Taiwan. On July 18, typhoon Kalmaegi killed at least 20 people.(Reporting by Ralph Jennings)

HOARDING OF GOLD AND SILVER

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

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.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 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,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
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.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

LOOKOUT FOLKS WITH THESE 2 BIG COMPANIES GOIN DOWN AMERICA IS IN TROUBLE,NO COMPANY IS SAFE NOW. I'LL BE WATCHING THE STOCK MARKETS CLOSELY TODAY I CAN TELL YOU.

World markets tumble on Lehman news By EMMA VANDORE, AP Business Writer
SEPT 15,08


PARIS - Stock markets tumbled in Europe and Asia on Monday after the double-fisted blow from Wall Street news that Lehman Brothers had filed for bankruptcy and Merrill Lynch would be sold to a large U.S. bank. London's FTSE-100 share index was down 3.37percent, the Paris CAC-40 index lost 4.47 percent and Germany's DAX 30 index of blue chips sagged 3.18 percent.Asia's biggest stock exchanges in Japan, Hong Kong and South Korea were closed for holidays, but India's Sensex index tumbled 3.4 percent, Taiwan's benchmark indicator plummeted 4.1 percent and Singapore dropped 3.2 percent.

We will have a shakeout today and there will probably be more damage in the afternoon when the U.S. gets going, said Stephen Pope, chief global market strategist at Cantor Fitzgerald Europe in London.Ahead of the opening on Wall Street, Dow Jones industrial average futures fell 372, or 3.3 percent, to 11,086.

Europe's major central banks moved to calm markets Monday, pumping billions into the financial system. The European Central Bank loaned 30 billion euros but said it received 51 bids for 90.3 billion euros ($127 billion) on its one-day tender with a bid rate of 4.25 percent — a clear sign that demand for cash is over the top.

Similarly, the Bank of England offered up 5 billion pounds (nearly $9 billion) in a three-day auction — but bids were nearly five times higher, at 24.1 billion pounds ($43 billion)The Zurich-based Swiss National Bank said it was also providing liquidity in a generous and flexible manner at an overnight rate of 1.9 percent, but wouldn't say how much was on offer.Speaking at an awards ceremony at Frankfurt city hall, ECB President Jean-Claude Trichet said policymakers must be extraordinarily alert for jitters in financial markets, spooked by the credit turmoil that stems from now-toxic subprime mortgage debt.It is an ongoing market correction with episodes of high level of volatility, it is what we have experienced since now a long period of time and is going on, he said.The 158-year-old Lehman Brothers Holdings Inc. filed Monday for Chapter 11 bankruptcy. The company was crippled by $60billion in soured real-estate holdings and unable to find an investment partner to throw it a lifeline.Officials from the government and various banks failed to find a solution during weekend meetings. During the talks, when Bank of America balked at buying Lehman, the government urged it to buy investment bank Merrill Lynch instead. The $50 billion deal stops speculators whose next target after Lehman would have been Merrill, Cantor Fitzgerald's Pope said.The moves will create a firebreak in the financial structure, and once disappointment that Lehman didn't manage to make a deal has been digested, stocks will start to recover, Pope said.

You are going to have a torrid day today, probably tomorrow as well, but then I think people are going to start thinking there's some opportunity out there to be engaged, he said.The declines in Europe were led by drops in insurance and financial stocks, with shares in French insurer AXA SA down 9.6 percent, Germany's Commerzbank AG falling 6.5 percent, and Swiss bank UBS AG down 6.7 percent,Britain's Barclays, which had considered a combination with Lehman Brothers but walked away, was down 10.1 percent.Before that, markets also have to react to a possible restructuring of the world's largest insurance company, American International Group Inc. The company said Sunday it is discussing options with outside parties to improve its business. The Wall Street Journal said on its Web site Sunday that AIG may announce a turnaround plan Monday that would involve selling assets such as its aircraft leasing business.A global consortium of banks, meanwhile, announced late Sunday a $70billion pool of funds to lend to ailing financial companies, a move geared toward preventing a worldwide panic on stock and other financial exchanges. The U.S. Federal Reserve chipped in with more largesse in its emergency lending program for investment banks. The dollar declined against euro, which rose to $1.4241 from $1.4215 late Friday in New York. The pound rose to $1.7948 from $1.7937. Crude oil for October delivery was trading down nearly $6 to below $96 a barrel in electronic trading on the New York Mercantile Exchange. It is the lowest the price has been since February this year. Aurelio Maccario an economist with UniCredit in Milan said the reaction in Europe and Asia has been more contained than it could have been.

Everyone is waiting for the U.S. markets to open, let's see how the day unfolds, he said. AP Business Writers George Frey in Frankfurt, Dave McHugh in London and Jeremiah Marquez in Hong Kong contributed to this report.

Wall Street awakes to find Lehman Brothers, Merrill Lynch gone By Joe Bel Bruno, Christopher S. Rugaber And Martin Crutsinger, The Associated Press

NEW YORK - When Wall Street woke up Monday morning, two more of its storied firms had fallen. Lehman Brothers, burdened by US$60 billion in soured real-estate holdings, filed a Chapter 11 bankruptcy petition in U.S. Bankruptcy Court after attempts to rescue the 158-year-old firm failed. Bank of America Corp. said it is snapping up Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction. The demise of the independent Wall Street institutions came as shock waves from the 14-month-old credit crisis roiled the U.S. financial system six months after the collapse of Bear Stearns. The world's largest insurance company, American International Group Inc., also was forced into a restructuring. And a global consortium of banks, working with government officials in New York, announced a $70 billion pool of funds to lend to troubled financial companies. The aim, according to participants who spoke to The Associated Press, was to prevent a worldwide panic on stock and other financial exchanges. Ten banks - Bank of America, Barclays, Citibank, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Merrill Lynch, Morgan Stanley and UBS - each agreed to provide $7 billion to help enhance liquidity and mitigate the unprecedented volatility and other challenges affecting global equity and debt markets.The Federal Reserve also chipped in with more largesse in its emergency lending program for investment banks. The central bank announced late Sunday that it was broadening the types of collateral that financial institutions can use to obtain loans from the Fed. Federal Reserve Chairman Ben Bernanke said the discussions had been aimed at identifying potential market vulnerabilities in the wake of an unwinding of a major financial institution and to consider appropriate official sector and private sector responses.

The European Central Bank, the Bank of England, and the Swiss central bank also made more short-term credit available to banks. European stocks fell sharply, with the FTSE 100 Index off 3.42 per cent in London, the CAC-40 down 4.27 per cent in Paris, and Germany's blue-chip DAX 30 falling 3.38 per cent. Asian stock markets also tumbled, with India's Sensex sinking more than 5 per cent. Japan and Hong Kong were closed for holidays. Financial stocks were hard hit and the dollar fell against the pound and the euro. Futures pegged to the Dow Jones industrial average fell more than 250 points in electronic trading Sunday evening, pointing to a sharply lower open for the blue chip index Monday morning. Asian stock markets also tumbled, with India's Sensex sinking more than 5 per cent. Japan and Hong Kong were closed for holidays. The stunning weekend developments took place as voters, who rank the economy as their top concern, prepare to elect a new president in seven weeks. It likely will spur a much greater focus by presidential candidates - Republican John McCain and Democrat Barack Obama - and members of Congress on the need for stricter financial regulation. Samuel Hayes, finance professor emeritus at Harvard Business School, said the Bush administration may get a lot of blame for the situation, which could benefit Obama. Just the psychological impact of this kind of failure is going to be significant, he said. It will color people's feelings about their well-being and the integrity of the financial system.Lehman Brothers' announcement that it is filing for bankruptcy came after all potential buyers walked away. Potential suitors were spooked by the U.S. Treasury's refusal to provide any takeover aid, as it had done six months ago when Bear Stearns faltered and earlier this month when it seized Fannie Mae and Freddie Mac. Employees emerging from Lehman's headquarters near the heart of Times Square Sunday night carried boxes, tote bags and duffel bags, rolling suitcases, framed artwork and spare umbrellas. Many were emblazoned with the Lehman Brothers name. Its businesses in Britain were placed in administration Monday, said the administrator, accounting firm PricewaterhouseCoopers, and employees carrying boxes and bags were walking out of Lehman's London offices.

TV trucks lined Seventh Avenue opposite the building, while barricades at the building's main entrance attempted to keep workers and onlookers from gumming up the steady flow of pedestrians flowing in and out of Times Square. Some workers had moist eyes while a few others wept and shared hugs. Most who left the building quietly declined interviews. People snapped pictures with cameras and their phones. Observers pressed up against a police barricade drew the ire of one man who emerged from the building and shouted: Are you enjoying watching this? You think this is funny? Merrill Lynch, another investment bank laid low by the crisis that was triggered by rising mortgage defaults and plunging home values in the U.S., agreed to be acquired by Bank of America for 0.8595 shares of Bank of America common stock for each Merrill Lynch common share. That values Merrill at $29 a share, a 70 per cent premium over the brokerage's Friday closing price of $17.05, but well below what Merrill was worth at its peak in early 2007, when its shares traded above $98.

Charlotte, N.C.,-based Bank of America has the most deposits of any U.S. bank, while Merrill Lynch is the world's largest brokerage. A combination of the two would create a global financial giant to rival Citigroup Inc., the biggest U.S. bank in terms of assets. Strategically, most industry analysts say it's a good fit. If the deal goes according to plan, Bank of America will be able to offer Merrill's retail brokerage services to its huge customer base. There is not a great deal of overlap between the two companies - Bank of America does have an investment bank already, but it has never been terribly strong. Where there is duplication, however, the combination of the two companies could result in more layoffs. Both Merrill and Bank of America have already cut thousands of investment banking jobs over the past year.

The deal would not come without risks, however. Merrill Lynch, like many of its Wall Street peers, has been struggling with tight credit markets and billions of dollars in assets tied to mortgages that have plunged in value. Merrill has reported four straight quarterly losses. Bank of America's own finances are far from robust. As consumer credit deteriorates, the bank has seen its profits decline, and the company is still in the midst of absorbing the embattled mortgage lender Countrywide Financial, which it acquired in January. Insurer AIG, hit hard by deterioration in the credit markets, said Sunday it is reviewing its operations and discussing possible options with outside parties to improve its business after a week when its stock dropped 45 per cent amid concerns about the company's financial underpinnings.

The Wall Street Journal and The New York Times both reported early Monday on their Web sites that the American International Group is seeking an additional $40 billion in emergency funds - possibly from the Federal Reserve - to help it avoid a credit rating downgrade, which would make it more expensive for AIG to raise money. The insurer has already raised $20 billion in fresh capital this year. AIG was working with New York Insurance Superintendent Eric Dinallo and a representative of the governor's office through the weekend to craft a solution that protects policyholders, according to Dinallo's spokesman David Neustadt. It's clear we're one step away from a financial meltdown, said Nouriel Roubini, chairman of the consulting firm RGE Monitor. The meetings that began Friday night were a who's who of financial heavyweights: Treasury Secretary Hank Paulson, Timothy Geithner, president of the New York Fed, Securities and Exchange Commission Chairman Christopher Cox, and a host of CEOs, including Vikram Pandit of Citigroup Inc., Jamie Dimon of JPMorgan Chase & Co., John Mack of Morgan Stanley, Lloyd Blankfein of Goldman Sachs Group Inc., and Merrill Lynch & Co.'s John Thain. For all their efforts, Lehman had to file for bankruptcy. The end of Lehman may not stop the financial crisis that has gripped Wall Street for months, analysts said. More investment banks could disappear soon. The independent broker-dealers are going the way of the dodo bird, said Bert Ely, an Alexandria, Va.,-based banking consultant.

That's partly because some of the firms, particularly Merrill, made bad bets on real estate. But several analysts said that investment companies will need the deep pockets of commercial banks to survive the next few years. On Sunday, there was also an emergency trading session being held at the International Swaps and Derivatives Association to reduce risk associated with a potential Lehman Brothers Holdings Inc. bankruptcy. The ISDA, which arranges trades for derivatives, said it was allowing customers to make trades and unwind positions linked to Lehman. Roubini said it's difficult to accurately gauge the health of companies like Merrill because their financial health depends on how they value complex securities. As a result, their finances aren't very transparent, he said. That can lead to a loss of confidence in the financial markets, he said, which can overwhelm an investment bank even if it is financially healthy by some measures. Once you lose confidence, the fundamentals matter less, he said. The common denominator of the financial crisis, analysts said, is the bursting of the housing bubble. Home prices have dropped on average 25 per cent so far. Roubini predicted they could drop another 15 per cent. The crisis has begun to slow the broader economy as banks make fewer loans and consumers have begun cutting spending. Many economists are now forecasting that the economy could slip into recession by the end of this year and early next year. That, in turn, could cause additional losses for commercial banks on credit cards, auto loans and student loans. The Fed is widely expected to keep interest rates steady at 2 per cent, below inflation, when it meets Tuesday. It was possible, however, that the central bank might decide in coming weeks to cut rates if such a move is seen as needed to calm turbulent financial markets. The International Monetary Fund predicted earlier this year that total losses from the credit crisis could reach almost $1 trillion. So far, banks have only taken about $350 billion in losses. Commercial banks are also starting to feel the pinch. Eleven have closed so far this year, including Pasadena, Calif.-based IndyMac Bank, which had $32 billion in assets and $19 billion in deposits. Christopher Whalen, managing director of Institutional Risk Analytics, a research firm, predicts that approximately 110 banks with $850 billion in assets could close by next July. That's out of 8,400 federally insured institutions, he said, which together hold $13 trillion in assets. Individual customers are starting to get nervous about the financial health of their banks for the first time in generations, he said. Whalen's firm analyzes the safety and soundness of banks for business clients, but began receiving inquiries from individuals in the past two months for the first time, he said. If we don't get ahead of this, we are going to face a run on the retail banks by election day, he said. AP Business Writers Madlen Read, Tim Paradis and Stephen Bernard in New York, Martin Crutsinger in Washington, Ieva Augstums in Charlotte and Michael Liedtke in San Francisco contributed to this report.

US in once-in-a-century financial crisis : Greenspan Sep 14 02:18 PM US/Eastern

The United States is mired in a once-in-a century financial crisis which is now more than likely to spark a recession, former Federal Reserve chief Alan Greenspan said Sunday. The talismanic ex-central banker said that the crisis was the worst he had seen in his career, still had a long way to go and would continue to effect home prices in the United States. First of all, let's recognize that this is a once-in-a-half-century, probably once-in-a-century type of event, Greenspan said on ABC's This Week.Asked whether the crisis, which has seen the US government step in to bail out mortgage giants Freddie Mac and Fannie Mae, was the worst of his career, Greenspan replied Oh, by far.There's no question that this is in the process of outstripping anything I've seen, and it still is not resolved and it still has a way to go, Greenspan said. And indeed, it will continue to be a corrosive force until the price of homes in the United States stabilizes. That will induce a series of events around the globe which will stabilize the system.Greenspan was also asked whether the United States had a greater-than 50 percent chance of escaping a recession. No, I think it's less than 50 percent.

I can't believe we could have a once-in-a-century type of financial crisis without a significant impact on the real economy globally, and I think that indeed is what is in the process of occurring.The former Federal Reserve chairman also predicted that the financial crisis would see the failure of more major financial institutions, even as embattled Wall Street investment giant Lehman Brothers scrambled to find a buyer.In and of itself that does not need to be a problem. It depends on how it is handled and how the liquidations take place. And indeed we shouldn't try to protect every single institution.On Saturday, Democrat Barack Obama's campaign seized on a warning from Greenspan about John McCain's tax plans to portray the Republican as economically reckless. In an interview with Bloomberg Television Friday, Greenspan said the nation could not afford 3.3 trillion dollars of tax cuts proposed by McCain without matching cuts in spending. Greenspan, a long-time friend of McCain and a Republican, said about the Arizona senator's plans to extend massive tax cuts imposed by President George W. Bush: I'm not in favor of financing tax cuts with borrowed money.McCain has said he would pay for his cuts by ending pet funding projects for US lawmakers' districts known as earmarks.

DISEASES

REVELATION 6:7-8
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword,(WEAPONS) and with hunger,(FAMINE) and with death,(INCURABLE DISEASES) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE).

China makes first arrests in tainted milk probe By GILLIAN WONG, Associated Press Writer SEPT 15,08

BEIJING - Chinese police arrested two brothers suspected of adding a dangerous chemical to milk they sold to a company that produced infant formula that killed two babies and sickened more than 1,200 others, officials and state media reported Monday. The two brothers, surnamed Geng, run a milk collection center in Hebei province and are accused of adding melamine, a chemical used in plastics, to the milk to make it appear higher in protein, the official Xinhua News Agency said. They sold about three tons of contaminated milk a day, the report said, citing Hebei police spokesman Shi Guizhong.Chinese investigators say melamine may have been added to the milk to fool quality tests after water was added to fraudulently increase the milk's volume. Melamine is rich in nitrogen and standard tests for protein in food ingredients measure nitrogen levels.China's Health Ministry on Monday said two infants have died from drinking the contaminated milk powder and 1,253 have been sickened.Vice Health Minister Ma Xiaowei told a news conference that 913 of the infants were only slightly affected and their condition was not considered life threatening. However, 340 remained hospitalized and 53 cases were considered especially severe, he said.No information was given about the fatalities, although authorities had earlier announced one death.

The company that produced the infant formula, Sanlu Group Co., is China's biggest producer of powdered milk and is 43 percent owned by a New Zealand dairy farmers' cooperative, Fonterra.New Zealand Prime Minister Helen Clark said Monday she learned of the problem on Sept. 5 and convened a meeting of senior ministers three days later at which she ordered officials to directly inform senior authorities in Beijing, at a time when provincial Chinese officials appeared to be dragging their feet in ordering a recall.We were the whistle blowers and they leapt in and ensured there was action on the ground, Clark told reporters. At a local level ... I think the first inclination was to try and put a towel over it and deal with it without an official recall.Fonterra, the world's biggest milk trader, said Sunday it had urged Sanlu to recall the product as early as six weeks ago. Sanlu did not order a recall until last Thursday.Chinese officials have defended their response to the country's latest product safety disaster but blamed Sanlu Group for delays in warning the public. Officials say they were not alerted until last Monday, even though Sanlu received complaints as early as March and company tests in August found the milk powder contained melamine, which is banned in food products.Authorities have seized 2,176 tons of milk powder from a Sanlu warehouse and recalled 8,218 tons already sent to market, Xinhua said. It said all would be destroyed.On Sunday, the General Administration for Quality Supervision, Inspection and Quarantine sent groups of officials to Hebei, Guangdong and Heilongjiang provinces and the Inner Mongolia region to inspect dairy companies. The teams will also work with local officials to remove all substandard milk powder from the market.Inspectors will check the country's 175 baby milk food factories and their findings will be released within two days, said Li Changjiang, head of the safety watchdog.The incident is an embarrassing failure for China's product safety system, which was overhauled in an attempt to restore consumer confidence after a string of recalls and warnings abroad over tainted toothpaste, faulty tires and other goods.Associated Press writer Ray Lilley in Wellington, New Zealand, contributed to this report.On the Net:
Sanlu Group: http://www.sanlu.com Fonterra Co-operative Group: http://www.fonterra.com

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).

Press Releases, 9/12/2008 Finland ratifies the treaty of Lisbon

The Government of Finland decided to present on Thursday 11 September to the President of the Republic the ratification of the Treaty of Lisbon and the confirmation of the Act on the implementation of the Treaty. The President of the Republic is to decide on the matter on Friday 12 September.The Parliament of Finland approved the Treaty of Lisbon for its part on 11 June.Deliberations on the Treaty by the Parliaments of the Member States of the European Union have been completed in other Member States except for Sweden and the Czech Republic. In its referendum in June, Ireland voted against the Treaty. Seventeen Member States have deposited their instruments of ratification with the Government of Italy.The Act on the implementation of the Treaty is under discussion also before the Ã…land Parliament (Lagting) whose consent has been requested in order to bring the provisions of the Treaty into force in Ã…land. The consent of the Ã…land Parliament is not a prerequisite for the ratification of the Treaty by Finland.The Government gave the following statement in connection with this matter: In the context of the ratification of the Treaty of Lisbon discussions have been carried out with the representatives of Ã…land on the participation of Ã…land in the preparation of European Union affairs and Ã…land's possibilities to exert influence on them. On the basis of these discussions a decision in principle is being prepared for its adoption by the Government of Finland. In addition, a working group has been established to prepare an amendment to the Act on the Autonomy of Ã…land concerning the possibility of Ã…land to be heard before the European Court of Justice.

Finland ratifies EU's Lisbon Treaty
12 September 2008, 13:43 CET


(HELSINKI) - Finnish President Tarja Halonen on Friday ratified the European Union's Lisbon Treaty, giving the final approval for the deal adopted by Finland's parliament by a large majority in June.One hundred and fifty-one of Finland's 200 parliamentarians voted for the treaty on June 11 while 27 opposed it and 21 were absent.The Lisbon Treaty replaces the EU constitution that was rejected by French and Dutch voters in referendums in 2005, plunging the bloc into the worst crisis in its half-century history.The Finnish president had three months after parliament's vote to ratify the text.However, the Aaland islands, an autonomous region of Finland, also need to ratify the treaty. The Finnish government and Aaland's representatives are currently negotiating how to improve the islands' participation in EU matters.Aaland's parliament is expected to decide its position on the Lisbon treaty by the end of the year, though its decision will have no consequence on mainland Finland's ratification.Ireland, the only country in the 27-member bloc to hold a referendum on the reform treaty, sent shockwaves through the EU when 53 percent of voters rejected it in June.EU leaders are set to discuss the Irish rejection again at an October summit in an effort to overcome the impasse ahead of European Parliament elections next year.

Some EU states to hold back on Georgia mission
ELITSA VUCHEVA Today SEPT 15,08 @ 09:29 CET


EUOBSERVER / BRUSSELS – EU ministers will on Monday (15 September) gather in Brussels to decide the composition of the bloc's peace mission to Georgia, while a question mark remains over where exactly the EU force will be deployed.France and Germany are expected to contribute the largest number of troops, with Berlin saying it would contribute around one-fifth of the 200-member mission and a French defence ministry source telling the AFP news agency that France could send around 70 people.

The UK will on Monday announce substantial numbers to join the EU mission, reports the Telegraph. Poland has signaled it wants to play a large role. Romania plans to send 20 personnel, while most other EU states are expected to commit between two and 20 people each.Some countries, on the other hand, have expressed less enthusiasm. Belgian foreign minister Karel De Gucht told daily La Libre Belgique that his country would like to delay its participation to the first changeover, within six months in order to first see where exactly the mission will be deployed.Nicolas Sarkozy has said that [EU troops] will be deployed in a dismembered Georgia, but that they could go to South Ossetia and Abkhazia as well. However, Russian [foreign] minister Lavrov says this is out of the question, Mr De Gucht said.If Europeans can only deploy in the security zone, that gives me a bad feeling, as, basically, we will have to protect borders which we have not recognised, he added, referring to the borders of South Ossetia and Abkhazia, which earlier proclaimed independence from Georgia.

Deploy where?

Speaking to journalists in Brussels on Friday (12 September), a French EU presidency source said that the long-term goal would be to deploy the EU mission across the entire Georgian territory as recognised by international law.However, he stressed, the priority is to deploy in the zones adjacent to South Ossetia and Abkhazia first and to make sure that Russia withdraws from Georgia by 10 October, as earlier agreed. Russian troops started to pull out from Georgia proper over the weekend, international media report.But Russia - which has recognised the independence of South Ossetia and Abkhazia - has rejected the presence of EU troops in the breakaway regions. South Ossetia and Abkhazia are now sovereign states. The governments of these two countries must agree in order for international observers to be sent on their territories, Prime Minister Vladimir Putin told Le Figaro. The EU monitoring mission is expected to be deployed before 1 October.The bloc's foreign mnisters are also to discuss who will be appointed EU special representative for Georgia, as agreed earlier in September, with Pierre Morel – currently the EU special representative for Central Asia - the front-runner for the job, an EU official told EUobserver.

Serbia to be left empty-handed?

EU ministers are also to discuss progress achieved by Serbia in its co-operation with the UN war crimes tribunal and the possibility of unfreezing the trade-related part of a pre-accession deal signed with the EU in April.Following the arrest of top fugitive Radovan Karadzic in July, a large majority of member states, as well as the European Commission and the French EU presidency favour such a move, the French presidency source said.The Netherlands, however, remains opposed and unlikely to change its position, the diplomat added.The Hague is demanding that Serbia arrest remaining war crimes suspects Ratko Mladic and Goran Hadzic before allowing the country closer EU ties. For his part, UN prosecutor Serge Brammertz, who was in Belgrade last week and expressed cautious optimism about the possibility of Serbia catching the remaining war criminals soon, will also be in Brussels today to answer the questions of the EU ministers and all the doubts which they have in reference to Belgrade, Mr Brammertz's spokesperson told Italian news agency Ansa.

NATO chief, envoys visit Georgia to show support By STEVE GUTTERMAN, Associated Press Writer SEPT 15,08

TBILISI, Georgia - Georgia's president said Monday he hopes a visit from NATO's chief will accelerate his nation's drive to join the Western alliance, pressing for sustained international support following its defeat by Russia in a brief and bitter war. Mikhail Saakashvili said Georgia and NATO should work hard to show that Georgia is on track to join what he called the Euro-Atlantic family.That is Georgia's proper and rightful place, he said.NATO Secretary-General Jaap de Hoop Scheffer, also speaking in Georgia's capital, criticized Russia but spoke cautiously in remarks before a NATO-Georgia meeting.De Hoop Scheffer and ambassadors from every NATO member converged on Tbilisi, Georgia's capital, in a show of support for the former Soviet republic. The U.S. strongly supports NATO membership for Georgia, but Germany and others dependent on Russian energy supplies have balked at taking an action sure to infuriate the Kremlin.The NATO chief said the alliance will assess how to further enhance the partnership between NATO and Georgia.The trip to Georgia, scheduled before the war, comes as Russia is strengthening its grip on South Ossetia and Abkhazia, another separatist region of Georgia, in a challenge to Georgia's NATO hopes.Russia, which borders Georgia to the north, objects strenuously to having Georgia join the Western military alliance — an opposition underscored last month when Russia crushed Georgia in a war over Georgia's separatist, Russian-oriented province of South Ossetia.

As the ambassadors arrived in Tbilisi, Georgia's capital, Russian President Dmitry Medvedev warned the West that any sanctions imposed on Russia over the war would backfire.It's senseless to pressure Russia with sanctions, Medvedev said at a meeting with Russian business leaders. They can shut a couple of sources of (revenue) to a banana republic and make its situation dramatic. It won't work like that here.Without mentioning any specific nation, Medvedev warned that attempts to punish Russia would also hurt the West. Sanctions is a weapon that will backfire, he said.And he dismissed calls by some Western diplomats to bar Russia from joining the World Trade Organization. Russia would like to join but will not be pressured into concessions, Medvedev said.WTO isn't a carrot; it entails a lot of difficult obligations, he said. And if we do it, let us do it in a normal way without them trying to scare us.The two-day NATO visit is expected to include the first meeting of a new NATO-Georgia Commission set up to oversee future ties.De Hoop Scheffer said last week that NATO wants to show support for Georgia after Russia's use of disproportionate force against its much smaller neighbor. He has stressed NATO's condemnation of Russia's recognition of South Ossetia and Abkhazia as independent states.Following the war, NATO said it was making closer ties with Russia dependent on the withdrawal of Russian forces to the positions they held before the conflict, as required by a cease-fire agreement.Russia has promised to withdraw from positions in Georgia proper next month. But it has said it will keep nearly 8,000 troops in South Ossetia and Abkhazia, although the U.S. and European Union that would violate the cease-fire.Saakashvili, a U.S. ally, has angered Russia by seeking NATO membership. In April, NATO declined to grant Georgia a road map — a detailed plan for achieving membership — but said Georgia would eventually join. A review of Georgia's request for a road map is scheduled for December. The war has deepened NATO's dilemma over Georgia — how to handle the membership aspirations of a country with large chunks of territory controlled by Russia and its separatist allies.

NATO members have been united in their criticism of Russia, but less so on Georgia's future. The United States has pushed for NATO to take a key step toward granting Georgia membership in April. Russia seems confident that Georgia is not close to joining NATO. Georgia is much farther away from membership in NATO than it used to be, Sergei Karaganov, a political analyst with close Kremlin connections, said in Moscow. Anatol Lieven, a senior research fellow at the New America Foundation in Washington, said European countries and the United States would be unlikely to fight Russia on Georgia's behalf, even if joined NATO. Georgia would be crushingly defeated and NATO would be humiliated, he said. The war began Aug. 7, when Georgian forces launched an attack to regain control of South Ossetia. Russian forces repelled the offensive and pushed deep into Georgia. After a partial withdrawal last month, Russia pulled out of the Black Sea port of Poti and other positions in western Georgia over the weekend as part of an additional agreement reached by French President Nicolas Sarkozy, who brokered the original EU peace plan. Moscow has pledged to withdraw all other forces now on Georgian territory outside South Ossetia and Abkhazia within 10 days of the deployment of EU monitors who are supposed to be in place by Oct. 1. But it is pushing to keep Western observers away from South Ossetia and Abkhazia. At a tent camp housing more than 2,000 displaced people in Gori, a central Georgian city near South Ossetia, families wondered Sunday whether they would ever return home for good. Nanuli Okroperidze, 45, who lives in Tent 85 with her mother, four children, two grandchildren and two other relatives, said her home is one of many in her mostly ethnic Georgian village in South Ossetia that were torched. It's gone, burned to ashes, she said.

Greens consider Norwegian judge as top candidate in European elections
LISBETH KIRK Today SEPT 15,08 @ 09:23 CET


The leader of the Green group in the European parliament, Daniel Cohn-Bendit, is pushing for a Norwegian to top his list in next summer's European elections.

Negotiations with Eva Joly are in full swing, he confirmed on RTL Radio on Sunday evening (13 September).Eva Joly was born in Norway but has held duel Norwegian-French citizenship for the past 41 years.Daniel Cohn-Bendit (centre) wants a Norwegian who also holds French citizenship to join the Greens (Photo: European She made her name as a fierce anti-corruption investigating magistrate in France and more than anyone was responsible for exposing the scandal at state oil giant ELF-Aquitaine.During the case, she faced regular death threats, her telephones were tapped and her home and offices burgled several times. As a result of her work, 30 people were convicted and it later emerged that senior members of President Mitterrand's government were implicated as participating in the illegal activities, including former French foreign minister Roland Dumas.She now works as a special advisor to the Norwegian government on money laundering and campaigns for tougher international action against fraud involving political and economic leaders. Eva Joly shares our values. She is considering being a candidate, but has requested a few final details, Mr Cohn-Bendit said.France's centrist Democratic Movement, headed by Francois Bayrou, has also eyed up the qualifications of Ms Joly. She appeared at a rally launching the party's EU campaign in June. According to regional daily Lyon Capitale, Ms Joly could be offered a candidacy for the Greens in the French south-east, while Norwegian daily Aftenposten reports she may well run in Brittany, where she has a home.

EU ministers to take a risk on Belarus
PHILIPPA RUNNER Today SEPT 15,08 @ 09:30 CET


EU foreign ministers on Monday (15 September) are to make a formal offer to relax sanctions against Belarus in return for good conduct in upcoming parliamentary elections, as Europe takes a risk on President Alexander Lukashenko's regime.The EU will re-evaluate the situation in Belarus in the light of the legislative elections and is ready to re-examine the restrictive measures in place against Belarus officials if OSCE monitors give a positive verdict on the 28 September vote, the foreign ministers' draft conclusions say, AFP reports.The EU may also take positive and concrete measures in terms of future trade and cultural projects and will dangle the prospect of including Belarus in its neighbourhood policy, which could see a large increase in financial aid to the cash-strapped government. The EU in 1997 imposed a freeze on meetings with Belarus officials above deputy-minister level and in 2006 put 41 leading figures - including President Lukashenko himself and the head of the current electoral commission, Lidziya Yarmoshyna - on a visa ban list.The EU in 2007 also threw Belarus off its register of low-tariff trade partners following complaints about restrictions on trade union activity by the Geneva-based International Labour Organisation (ILO).The new thaw in relations comes after Belarus in August released three political prisoners, including opposition leader Alexander Kazulin - a former Lukashenko ally turned critic, fiercely disliked by the president. Belarus has also declined to recognise the independence of Georgia rebel regions South Ossetia and Abkhazia despite Russian pressure.

The EU sanctions offer was carefully prepared via two separate meetings between Lithuanian foreign minister Petras Vaitiekunas and Polish foreign minister Radoslaw Sikorski with Belarusian foreign minister, Sergei Martynov, last week.But the EU remains wary of lending legitimacy to the Lukashenko regime prematurely, declining a European Commission proposal to invite Mr Martynov to Brussels on Monday, while inviting Mr Kazulin to meet with EU officials on the margins of the foreign ministers' gathering instead.Relations with countries which are not Athenian democracies always carry political risk, Poland's Mr Sikorski told the Dziennik newspaper over the weekend, pointing out that EU states do business with other non-democratic regimes such as Saudi Arabia. In politics you can rarely succeed without taking a risk.The minister didn't disguise his pleasure at the prospect of pulling a one-time Russia ally closer to the West, after last week's meeting with Mr Martynov in a government building in Wiskulach, Belarus, where the former leaders of Belarus, Russia and Ukraine in 1991 agreed to end Soviet rule.It was rather satisfying, to sit in the same room where President Szuszkiewicz with Boris Yeltsin and Leonid Kravchuk signed the act dissolving the Soviet Union, Mr Sikorski said.

LAND FOR PEACE (THE FUTURE 7 YEARS OF HELL ON EARTH)

JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people and for my heritage Israel, whom they have scattered among the nations, and parted my land.

THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS

Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.

DANIEL 9:26-27
26 And after threescore and two weeks(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he( THE ROMAN,EU PRESIDENT) shall confirm the covenant with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

ISAIAH 28:14-19 (THIS IS THE 7 YR TREATY COVENANT OF DANIEL 9:27)
14 Wherefore hear the word of the LORD, ye scornful men, that rule this people which is in Jerusalem.
15 Because ye have said, We have made a covenant with death, and with hell are we at agreement; when the overflowing scourge shall pass through, it shall not come unto us: for we have made lies our refuge, and under falsehood have we hid ourselves:
16 Therefore thus saith the Lord GOD, Behold, I lay in Zion for a foundation a stone, a tried stone, a precious corner stone, a sure foundation: he that believeth shall not make haste.
17 Judgment also will I lay to the line, and righteousness to the plummet: and the hail shall sweep away the refuge of lies, and the waters shall overflow the hiding place.
18 And your covenant with death shall be disannulled, and your agreement with hell shall not stand; when the overflowing scourge shall pass through, then ye shall be trodden down by it.
19 From the time that it goeth forth it shall take you: for morning by morning shall it pass over, by day and by night: and it shall be a vexation only to understand the report.

OK THE ARAB MUSLIMS ARE FORCING THE EUROPEAN UNION INTO GETTING MORE INVOLVED IN THE ISRAELI PEACE PROCESS. THE BIBLE SAYS THE EU NOT AMERICA WILL SIGN THE FINAL 7 YR PEACE TREATY BETWEEN THE ISRAELI-ARABS AND MANY OF DANIEL 9:27. SO PROPHECY IS RIGHT ON SCHEDUALE FOR THE EU TO TAKE FULL CONTROL OF THE PEACE PROCESS.

AND HOW DO I KNOW JORDAN WILL BE PLAYING A ROLE IN THE PEACE PROCRESS? BECAUSE THE BIBLE SAYS IN WAVE 1 OF WW3 EGYPT WILL BE DESTROYED BUT JORDAN WILL BE SPARED.


DANIEL 11:41-42
41 He (EU DICTATOR GUARENTEEING ISRAELS SECURITY) shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.

AND AT THE MIDPOINT OF THE 7 YR TREATY I BELIEVE ISRAELIS WILL FLEE TO PETRA IN JORDAN TO BE PROTECTED AS WE READ IN REVELATION.

REVELATION 12:6
6 And the woman (ISRAEL) fled into the wilderness, where she hath a place prepared of God, that they should feed her there a thousand two hundred and threescore days.(3 1/2 YEARS)

Jordan calls for bigger EU role in Mideast peace SEPT 14,08

Amman, Sep 14: Jordan Sunday called on the European Union (EU) to play a much bigger role in restoring peace in the troubled Middle East region.Jordan's King Abdullah II, underscored the importance of the EU's role in the establishment of peace between Israel and the Palestinians, when he met Javier Solana, the foreign policy chief of the 27-nation bloc, in Amman Sunday, a royal court statement said.The monarch underlined the importance of the EU role in the maintenance of security and stability in the Middle East and the establishment of peace between the Palestinians and Israel, particularly in the coming months, the statement said.Abdullah also warned that Israel's continued building of settlements in the Palestinian Territories, particularly East Jerusalem, will derail peace efforts.He urged the EU to help the Palestinians rebuild their institutions and improve their standard of living.Solana also held separate talks with the Jordanian Prime Minister Nader Dahabi and Foreign Minister Salah Bashir.The European foreign policy chief arrived in Amman Saturday night in the course of a Middle East tour which also took him to Israel, the Palestinian Territories and Egypt. --- IANS

Olmert makes 11th-hour pitch for Palestinian deal By Adam Entous SEPT 15,08

JERUSALEM (Reuters) - Israeli Prime Minister Ehud Olmert said on Monday a partial peace deal with the Palestinians could still be reached before his successor takes over, but President Mahmoud Abbas's aides dismissed the idea. Ahead of talks with Abbas on Tuesday, Olmert told a parliamentary committee Israel could not afford to wait any longer to clinch a deal on statehood borders because the price territorially, already very high, could become unbearable.But Israeli, Palestinian and Western officials called Olmert's 11th-hour bid for a deal a long shot given Abbas's public opposition to any partial accord. A senior Palestinian official said real differences remained on all the core issues, including borders.In lieu of a surprise breakthrough, Israeli and Western officials said the two sides could issue a joint statement summarising progress in the talks so far and committing to continue the negotiations in 2009.Facing possible indictment in corruption probes, Olmert has promised to resign after his Kadima party holds an election on Wednesday to replace him. He could stay on as caretaker premier for weeks or months until a new government is formed.Israeli officials expressed doubt a lame duck would have enough authority to make such far-reaching concessions. It's over, one said.

DEAL POSSIBLE

Olmert brushed aside the sceptics in closed-door testimony to a key Knesset committee, saying a deal was still achievable in 2008, the timeline set by U.S. President George W. Bush, who leaves office in January.It is possible to reach understandings about borders, security and refugees and then, for the first time, the shape of a Palestinian state will be clear and we will have a recognised international border, Olmert was quoted by aides as saying.But even Olmert's closest allies in government are openly dismissive of the effort. Vice Premier Haim Ramon said on Sunday a peace deal was unlikely, both this year and next.Abbas has publicly rejected anything less than a comprehensive agreement on all of the final-status issues, including the future of Jerusalem.Olmert has so far put off negotiations on Jerusalem and has ruled out a so-called right of return for Palestinians refugees, a central Palestinian demand.Olmert has offered few details in public about the negotiations, but he said on Monday a deal meant Israel would have to compensate the Palestinians for land it hopes to keep by close to a 1-to-1 ratio.According to Western and Palestinian officials, Olmert has proposed withdrawing from some 93 percent of the occupied West Bank, plus all of the Gaza Strip.In exchange for West Bank settlement blocs that Israel wants to keep, Olmert proposed about a 5 percent land swap giving the Palestinians a desert territory adjacent to the Gaza Strip.

Olmert's proposal would not address the thorny issue of Jerusalem and would put off implementation until Abbas reins in militants and re-establishes control of the Gaza Strip, which Hamas seized a year ago.Abbas rejected that proposal because it would not provide for a contiguous Palestinian state with Jerusalem as its capital, a spokesman said.(Additional reporting by Wafa Amr in Ramallah, Editing by Dominic Evans)

Solana: EU seeking co-op with Arabs on Mideast peace September 14, 2008

Visiting European Union (EU) foreign policy chief Javier Solana said here Saturday that the EU is keen on promoting cooperation with Arab countries in a bid to support efforts aimed at reaching a Palestinian-Israeli peace agreement. Solana made the remarks following his talks with Egyptian President Hosni Mubarak on the current situation in the Meddle East, particularly on the Palestinian-Israeli peace process, the Egyptian MENA news agency reported. Describing the meeting as particular important, Solana said they discussed the latest regional developments, including the Palestinian-Israeli peace talks and means to push forward the negotiations.

Solana voiced his appreciation to Muabark's viewpoint on the current regional situation, saying the meeting is meant to coordinate efforts to help implement the pledges that all parties made at a U.S.-hosted Mideast conference in Annapolis last November. Israeli and Palestinian leaders pledged at the Annapolis conference to reach a comprehensive peace deal by the end of 2008.Yet little visible progress has since been achieved. Solana, who arrived here Friday evening as part of his Mideast tour, also held talks with Egyptian Foreign Minister Ahmed Abul Gheit. Source: Xinhua

Abbas: We'll ask new U.S. Administration to support peace September 14, 2008

Palestinian President Mahmoud Abbas said on Saturday evening that the Palestinian Authority would ask the newly elected American administration to support the Middle East peace process. Abbas told a joint news conference with Spanish Foreign Minister Miguel Angel Moratinos in Ramallah We hope that the current U.S. administration won't blame any part in case no agreement is reached by the end of this year.We are doing our best in order to reach a peace agreement with Israel before the end of this year, because since Annapolis, we have been talking about reaching an agreement and we really want to reach an agreement, said Abbas. Israeli and Palestinian leaders pledged at the U.S.-sponsored Annapolis conference to reach a comprehensive peace deal by the end of 2008, before U.S. President George W. Bush leaves the White House in January. Yet little visible progress has since been achieved. Abbas also added that the Palestinians don't want to reach an interim peace agreement, and not an agreement that doesn't include all the permanent status issues, which are currently on the negotiating table.

Abbas stressed that the Palestinians don't want to postpone any of the six permanent status issues, which are Jerusalem, the settlements, the refugees, water, security and borders. Asked about his scheduled visit to the United States on Sept. 26, during which he is to meet with President Bush, Abbas told reporters that I will talk with President Bush about the points that we agreed upon and the points we disagreed.For his part, Moratinos told the news conference that the Israeli settlement activities have to stop immediately in order to reach a real peace, while reiterating the supportive position taken by Spain to the Palestinians. We are certain that at the end an independent Palestinian state will be established, said Moratinos, who still expressed hope that Israel and the Palestinians would be able to reach a peace agreement before the end of the year.Source: Xinhua

Israel says U.S. wrong on Jerusalem talks Sept. 12, 2008 at 1:21 PM

Palestinian President Mahmud Abbas meets with the U.S. consul-general to Jerusalem Jacob Walles, in Ramallah on December 24, 2006. (UPI Photo/Omar Rashidi/Palestinian Authority)JERUSALEM, Sept. 12 (UPI) -- Israeli leaders are reportedly upset over remarks attributed to a U.S. official that Israel is ready to open talks on Jerusalem with the Palestinians.Israeli Prime Minister Ehud Olmert told a Kadima Party meeting that his government was sticking by its position that Jerusalem should be left until the end of the talks.Comments on the Jerusalem issue in Israeli-Palestinian talks reportedly from U.S. Consul General Jacob Walles appeared in the Palestinian daily al-Ayyam and were deemed by Israel as highly inappropriate, The Jerusalem Post said.We have achieved significant progress but we haven't started the negotiations on Jerusalem yet, Olmert told a crowd of several hundred party activists and supporters.Olmert said he believed a final-status peace agreement was within reach by the end of 2008.

THE ARAB LEAGUE I BELIEVE TO BE THE MANY OF DANIEL 9:27 IN THE FINAL 7 YR TREATY SIGNING.

Arab League chief doubts Mideast peace deal this year Sat Sep 13, 1:43 PM ET

CAIRO (AFP) - Arab League chief Amr Mussa said on Saturday there were no high hopes for a peace deal between Israel and the Palestinians this year, warning that time was being lost. There is no great expectation that there will be an agreed solution to the Arab-Israeli conflict, Mussa told reporters after talks in Cairo with EU foreign policy chief Javier Solana.He said the status quo was causing despair in the Middle East as a whole.This is what we discussed, particularly in the context of the promises made by US President George W. Bush regarding the year 2008 and the results of the Annapolis meeting.Peace talks between Israel and the Palestinians were launched at a US-sponsored conference in Annapolis in November with the goal of reaching a comprehensive peace deal by the time Bush leaves office in January 2009.

But the two sides remain sharply divided on the core issues of the conflict, despite several meetings in recent months between Israeli and Palestinian negotiators.The negotiations are not heading in a productive direction and the Palestinians' situation is not reassuring, Mussa said, warning that time is being lost.Differences focus on the future status of Jerusalem, final borders, the fate of some 4.6 million UN-registered Palestinian refugees and the future of Jewish settlements on Israeli-occupied territory.On August 31 a senior Israeli government official said his country wants to reach a peace deal with the Palestinians by the end of the year but postpone a final agreement on the future of Jerusalem.

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