June 09, 2009 by Hartley Engel
Actor Jon Voight, Angelina Jolie's father, called President Barack Obama a false prophet during a speech at the Republican Senate-House Fundraising dinner on June 8, reports the Post Chronicle. You can see a video of Jon Voight calling President Obama a false prophet here.Jon Voight, a highly respected actor, is perhaps best known for his role in the Academy Award-winning film Midnight Cowboy.The film came out in 1969 and is the only x-rated movie to ever win an Oscar. In it, Jon Voight plays the part of Texan Joe Buck, a male prostitute who befriends.United States of America Dustin Hoffman's crippled con man Ratso Rizzo (this is one of Dustin Hoffman's most riveting and memorable roles).Jon Voight was the recipient of an Oscar himself for his work in Coming Home,an anti-Vietnam war movie which costarred Jane Fonda.More recently, Jon Voight has become rather active in Republican causes. Last year, for example, he endorsed former New York City mayor Rudy Giuliani for president. When Rudy Giuliani dropped out of the race, Jon Voight threw his support behind Republican presidential candidate John McCain.
Not surprisingly, Jon Voight's daughter Angelina Jolie, is who is arguably more famous than her father, is a Barack Obama supporter - as are most Hollywood luminaries.Most Hollywood A-listers are liberal, but certainly not all of them are. Jon Voight is not the only actor or entertainer who has fervently embraced conservatism.Of course, President Reagan is the most obvious example, but there many others, including John Wayne, Tom Selleck, Bruce Willis and comedian/actor Dennis Miller.In Dennis Miller's case, something of a conversion occurred as a result of the tragic events of September 11, when over 3,000 innocent American citizens were senselessly killed in a terrorist attack.Since then, Dennis Miller, who is a staunch supporter of the Iraq war, has been an eloquent spokesmen for various conservative causes.I'm not certain what Dennis Miller would think of Jon Voight calling Obama a false prophet, but no doubt many on the conservative side of the political are in full agreement with the description.
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.
COUNTRIES WITH ISRAEL
EZEKIEL 38:10-19
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
13 Sheba, and Dedan,(SAUDIA ARABIA) and the merchants of Tarshish,(ENGLAND) with all the young lions thereof,(USA,CANADA,AUSTRALIA,NEW ZEALAND,EU,ENGLISH SPEAKING shall say unto thee, Art thou come to take a spoil? hast thou gathered thy company to take a prey? to carry away silver and gold, to take away cattle and goods, to take a great spoil?
14 Therefore, son of man, prophesy and say unto Gog, Thus saith the Lord GOD; In that day when my people of Israel dwelleth safely, shalt thou not know it?
15 And thou shalt come from thy place out of the north parts, thou, and many people with thee, all of them riding upon horses, a great company, and a mighty army:
16 And thou shalt come up against my people of Israel, as a cloud to cover the land; it shall be in the latter days, and I will bring thee against my land, that the heathen may know me, when I shall be sanctified in thee, O Gog, before their eyes.
17 Thus saith the Lord GOD; Art thou he of whom I have spoken in old time by my servants the prophets of Israel, which prophesied in those days many years that I would bring thee against them?
18 And it shall come to pass at the same time when Gog shall come against the land of Israel, saith the Lord GOD, that my fury shall come up in my face.
19 For in my jealousy and in the fire of my wrath have I spoken, Surely in that day there shall be a great shaking in the land of Israel;
EU CALLS FOR WORLD GOVERNMENT
http://www.youtube.com/watch?v=a7D21rPpBrk&eurl=http%3A%2F%2Feuro%2Dmed%2Edk%2F%3Fp%3D1277&feature=player_embedded
http://www.youtube.com/watch?v=wFs99zBTRO0&feature=related
http://www.youtube.com/watch?v=kTfv6uOHgqQ&feature=related
http://www.youtube.com/watch?v=QVeMBNB0cII&feature=related
http://www.youtube.com/watch?v=aVmtbLc4t6M&eurl=http%3A%2F%2Feuro%2Dmed%2Edk%2F%3Fp%3D1277&feature=player_embedded
http://www.youtube.com/watch?v=Uv5cqh26CC0&eurl=http%3A%2F%2Feuro%2Dmed%2Edk%2F%3Fp%3D1277&feature=player_embedded
US envoy affirms support for Israel despite rift By JOSEF FEDERMAN, Associated Press Writer JUNE 9,09
JERUSALEM – An American envoy sought to assure anxious Israeli leaders on Tuesday that U.S. support for the Jewish state remains firm, despite a growing rift over Israeli construction in West Bank settlements and the Obama administration's approach to peace efforts.George Mitchell's comments appeared aimed at tempering a very public disagreement with the new Israeli government and could reflect U.S. awareness that pushing peace forward will not be easy if Israelis mistrust President Barack Obama.
The Mideast envoy's latest swing through the region, which is also set to include stops in the West Bank, Lebanon and Syria, comes after Obama's landmark speech to the Muslim world last week.The address, in which Obama promised to work aggressively to end the Israeli-Palestinian conflict, has put Israeli leaders on edge, fearful that they are headed toward a policy clash with their closest and most important ally. In particular, Obama pressed his call for a halt to Israeli settlement construction on lands claimed by the Palestinians and the need for a Palestinian state.Israel's prime minister, Benjamin Netanyahu, has conspicuously refused to embrace these goals, leading to one of the most public disagreements between Israel and the U.S. in years.
Israeli newspapers have been filled with commentators saying that Netanyahu is on a collision course with Obama and quoting anonymous Netanyahu aides as saying they believe Obama is out to get their boss. Netanyahu plans to respond to Obama's address in a major policy speech on Sunday.Apparently seeking to calm Israeli nerves, Mitchell said Tuesday that the U.S. commitment to Israeli security is unshakable and that policy gaps are not disagreements among adversaries but between close allies and friends.At the same time, Mitchell said the United States is sticking by its goals. He called for an immediate resumption of Israeli-Palestinian peace talks and called on both sides to honor past commitments of the road map peace plan.The road map called on Israel to freeze all settlement construction and for the Palestinians to dismantle militant groups as steps toward the creation of an independent Palestinian state. Neither side has fully carried out its obligations.We are working hard to achieve the objective of comprehensive peace in the Middle East ... including a Palestinian state, side by side in peace and security with the Jewish state of Israel,Mitchell said at a meeting with Israel's ceremonial president, Shimon Peres.We all share an obligation to create the conditions for the prompt resumption and early conclusion of negotiations,Mitchell said.Mitchell's description of Israel as a Jewish state appeared to be aimed specifically at Netanyahu, who has repeatedly said the Palestinians must recognize Israel's Jewish character — and in so doing drop demands for the return of Palestinian refugees and their millions of descendants. The two were set to meet later Tuesday.It remains unclear whether Netanyahu will soften any of his positions in Sunday's speech. Netanyahu and Obama spoke late Monday, and Obama said he is looking forward to the address, according to statements from Netanyahu's office and the White House.The U.S. demands have left Netanyahu with few options. The Israeli leader cannot alienate Israel's closest ally, but any move toward recognizing Palestinian statehood or freezing settlements would mark a departure from Netanyahu's long-standing commitment to Israeli control over the West Bank. Such a move could also destabilize his coalition government, dominated by pro-settlement hawks.Netanyahu, who was elected on a platform highly critical of past peace efforts, has said he is ready to begin negotiations with the Palestinians. But the Palestinians say there is no point in talking as long as Netanyahu refuses to discuss their goal of independence.
Netanyahu, a backer of Jewish settlers, also says that construction must be allowed to continue to accommodate "natural growth" of the settler population. Nearly 300,000 Jewish settlers live in the West Bank, along with 180,000 Israelis living in Jewish neighborhoods in east Jerusalem. The Palestinians claim both areas, captured by Israel in the 1967 Mideast war, as part of their future state.During a meeting with Israeli Defense Minister Ehud Barak Tuesday, Mitchell discussed the question of settlement construction, Barak's office said. No further details were released.
Mitchell will meet with Palestinian leaders in the West Bank on Wednesday. Nabil Abu Rdeneh, an aide to Palestinian President Mahmoud Abbas, said the Palestinians would ask the U.S. to impose a timetable for negotiations and expedite the creation of a Palestinian state.
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).
Sweden calls for clarity on European Commission post
HONOR MAHONY Today JUNE 9,09 @ 17:27 CET
EUOBSERVER / BRUSSELS - Sweden has said it needs Jose Manuel Barroso to be given full and clear backing for a second term as commission president or its term as EU presidency country, beginning in July, will be weakened.Swedish Prime Minister Fredrik Reinfeldt dismissed proposals – said to come from France – that Mr Barroso be given interim backing next week until October when the commission's current term expires and a new set of institutional rules is possibly in place.We intend to elect Mr Barroso as president of the commission ... but it should be a full mandate, said Mr Reinfeldt, on Tuesday (9 June).He said a half endorsement while the EU waits to see ratification of the Lisbon Treaty is completed would put pressure on the capacity of the Swedish presidency to react to major issues such as the financial crisis and climate change – with the latter due at an international CO2-reduction agreement by the end of the year.Mr Reinfeldt also rejected the option of not making any nomination at next week's EU summit and waiting to agree the commission post as well as the new EU foreign minister and EU president in October, if the treaty is ratified, all in one go. Paris is said to be keen on this idea as it would give it more leverage with Mr Barroso when it comes to the exact job description of the next French commissioner.In addition, nominating Mr Barroso, formerly Portugal's centre-right prime minister, next week would narrow down the options for the posts up for grabs in October, with political and geographical factors taken into account during the horse-trading.But the wait would leave the commission in limbo, said the Swedish leader, at a time when "everything is shifting around.Sweden takes over the running of the EU on 1 July and faces the twin pressures of working with a commission that is finishing its mandate as well as a newly-elected parliament, which will take a few months to find its feet.
Stockholm's endorsement came the same day as Mr Barroso officially confirmed his candidacy for the job, something that has been discussed in Brussels for the best part of two years.Speaking at a news conference after a meeting with Czech Prime Minister Jan Fischer, currently heading the EU, Mr Barroso said he was honoured to have been asked to declare his candidacy.But he said he would only accept the job if the commission's proposals in areas such as climate change, financial regulation and unemployment are improved. This acceptance pre-supposes that the European Council and European Parliament embrace the ambitious programme that I will propose for Europe for the next five years,he said. Mr Barroso, whom critics say has spent too much time wooing big member states in the hope of getting a second term, now looks almost certain to be endorsed by EU leaders at their traditional summer summit next week.
Mr Fischer will now ring around the capitals to see if anyone is likely to object or has plans to put up another candidate. German Chancellor Angela Merkel offered her support immediately:We already said that Mr Barroso has our support - at least from my side.If nominated, Mr Barroso has to be approved by a simple majority in the European Parliament in July. The centre-right EPP, which maintained its dominance in the house after the elections, is backing him but it needs more allies to secure the nomination.The Socialists, for their part, are critical of what they say is Mr Barroso's pro-market bent. But they have been unable to put up a candidate from their own ranks and have been left wounded after poor results in the EU vote across most member states.
EU should be talking to Hamas, says former EU adviser
ANDREW RETTMAN Today JUNE 9,09 @ 11:18 CET
EUOBSERVER / BRUSSELS – The EU's refusal to talk to Hamas is based on simplistic assumptions and is damaging the peace process, according to an expert on political Islam and a former adviser to the EU. It's a huge mistake. I think one of the strategic mistakes for the European position in this area and a mistake which directly undermines European security both in this region and in Europe itself, Alastair Crooke, the head of the Beirut-based NGO, Conflicts Forum, told EUobserver.
EU diplomats in the Palestinian territories still have administrative level contacts with the militant group on issues such as managing election monitoring missions or in special cases, such as trying to secure the release of kidnapped BBC correspondent Alan Johnston in 2007.But EU states in 2006 made a political decision to halt high-level discussions until Hamas renounces violence and accepts the right of Israel to exist. The group is also listed on the EU's register of terrorist entities, putting a legal block on financial assistance. Mr Crooke said that Hamas is a moderate organisation seen by many Muslims as a legitimate national liberation movement, but demonised together with genuine religious extremists by Europe.If you talk with any Hamas leader, they say Look, I don't get messages from God. I don't get instructions about who should be the Hamas candidate. We believe the Koran sets out principles by which a human being should live and we try to find a practical way in which to conduct our policies based on these principles.That's not dogmatism. That's not irrationalism. It's not in any sense extremism.The former British secret service agent first forged links with Islamist fighters while working in Soviet-era Afghanistan in the 1980s. The UK later lent Mr Crooke to Brussels to act as a Middle East security adviser to the office of EU top diplomat Javier Solana, before he branched out on his own in 2004.The spy-turned-scholar said the EU today still works on the Cold War-era assumption that by imposing sanctions on Hamas it will weaken Syria and Iran's influence in the region.But instead, the sanctions are making it harder for Hamas and other moderates to hold the centre ground in Islamist ideology in the Middle East and beyond, contributing to the proliferation of fanatical splinter groups.What they have as a result of following these models is an Islamism which is dispersed to the periphery, which has been hollowed out in the centre, at times becoming more dangerous and more violent,Mr Crooke said.This whole discourse of carrots and sticks is as if policy is simply a process of making a few laboratory rats run around a track and get electric shocks if they go in the wrong direction or a nut if they go in the right direction. It's got little to do with real politics.
No rapprochement in sight
The idea of engagement with Hamas on existing terms gets short shrift from Israeli diplomats.How can you talk to someone if they want to talk about your extinction? Israel's ambassador to the EU, Ran Curiel, said. Mr Curiel recalled that an EU foreign minister once neatly summed up the situation with the words: Hamas may not be Al-Qaeda, but in the same way you don't talk to Al-Qaeda, you don't talk to Hamas.The EU last week welcomed US President Barack Obama's landmark speech in Cairo, offering a rapprochement between the West and Islamic states stretching in an arc from Morocco to Pakistan.But the EU's special representative for the Middle East peace process, Marc Otte, reiterated Europe's tough stance on Hamas.Hamas is a terrorist organisation. It is not a partner for peace with Israel because it does not recognise the right of existence of Israel,he told this website. Hamas has also become a mercenary for Iran and is no longer functioning in the Palestinian national interest.
Mr Otte noted that Hamas was put on the terrorist register because it advocated the killing of Israeli civilians. He added the group continues to make anti-Semitic statements and carries out extra-judicial executions of its political opponents in Gaza.They are hiding very well their moderation,Mr Otte said.
A decision they have to make
The EU diplomat explained that the ball is in Hamas' court if it wants to get off the EU's terrorist register and come back to the negotiating table.They know very well how to get off the list – to renounce violence and to cease violent acts ... it's a decision they have to make.Asked if Israel's actions in Gaza in December and January, when troops killed over 900 Palestinian civilians, could be described as a form of terrorism, Mr Otte ceded judgement to an ongoing UN investigation into alleged war crimes on both sides.If we say Israel's strike of a UN building in Gaza is a terrorist act, what do we say about a Nato strike of a civilian building in Afghanistan? he asked.We have to be very careful if we try to set ourselves up as a judge.
EUROPEAN UNION ARMY
DANIEL 7:23-25
23 Thus he said, The fourth beast (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.(TRADING BLOCKS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS) that shall arise: 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 NATIONS)
25 And he (EU PRESIDENT) shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.(3 1/2 YRS)
DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.
DANIEL 11:36-39
36 And the king (EU DICTATOR) shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS JEWISH) nor the desire of women, nor regard any god: for he shall magnify himself above all.(CLAIM TO BE GOD)
38 But in his estate shall he honour the God of forces:(WAR) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds with a strange god,(DESTROY TERROR GROUPS) whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.
REVELATION 19:19
19 And I saw the beast,(EU LEADER) and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse,(JESUS) and against his army.(THE RAPTURED CHRISTIANS)
FEMA Web Page Shows Martial Law Exercise With Foreign Troops
Target: Freedom June 8, 2009
http://www.fema.gov/media/fact_sheets/nle09.shtm
The above is a link to FEMA.GOV website page that details the upcoming nationwide training exercise in July 2009. This is directly cut and pasted the full text below from the site.This is very alarming. This IS NOT an exercise for FEMA to practice disaster relief. This page states very clearly that this exercise will focus exclusively on terrorism prevention and protection, as opposed to incident response and recovery.AND THEY ARE BRINGING FOREIGN TROOPS INTO OUR TOWNS AND CITIES TO TRAIN TO POLICE US. As stated in FEMA website, This year the United States welcomes the participation of Australia, Canada, Mexico and the United Kingdom in NLE 09.Imagine, armed Mexican troops protecting us from terrorism in the United States! Don’t you feel safer already? ¿Dónde están sus documentos? Rumors of foreign troops on our soil have been circulated for a long time. BUT this is not a rumor. It is a blatant fact as stated by FEMA on their government website. THIS IS AN INVASION.
During Katrina the federal government went in and disarmed everyone, even law abiding citizens. Recently, Tennessee passed into law a bill that states that Tennessee residents undoubtedly have the right to keep and possess their firearms during martial rule. Why did they feel the need to do this? And what does it mean when our government is running martial law drills on a nationwide scale? We are told that this is just a training exercise. Should we believe that? Foreign troops in the Southwest sounds incredibly similar to what we learned, back in the 1980’s, from undercover FBI agent Larry Grathwohl: Watch the videos that are here:
http://www.thenewamerican.com/usnews/election/480
http://targetfreedom.typepad.com/targetfreedom/2009/04/plot-to-kill-capitalists.html
http://www.canadafreepress.com/index.php/article/5742
Undercover FBI agent Larry Grathwohl told us of people whom he described in this way:
They felt that this counter-revolution could best be guarded against by creating and establishing re-education centers in the Southwest, where we would take all of the people who needed to be re-educated into the new way of thinking and teach them how things were going to be. I asked, well what is going to happen to those people that we can’t re-educate that are die-hard capitalists? The reply was that they would have to be eliminated. When I pursued this further they estimated that they would have to eliminate 25 million people in these re-education centers. When I say eliminate, I mean kill … 25 million people.I want you to imagine sitting in a room with 25 people, most of which have graduate degrees from Columbia and other well-known educational centers, and hear them figuring out the logistics for the elimination of 25 million people. And they were dead serious.http://www.fema.gov/media/fact_sheets/nle09.shtm
WW3 THE 3 WAVES THAT MARCH TO ISRAEL
AMOS 9:10
10 All the sinners of my people shall die by the sword, which say, The evil shall not overtake nor prevent us.
DANIEL 11:40-45
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He 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.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
44 But tidings out of the east(CHINA 2ND WAVE OF WW3) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)
45 And he shall plant the tabernacles of his palace between the seas in the glorious holy mountain; yet he shall come to his end, and none shall help him.
REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)
The Third and Final Wave of WW3 is when all Nations march to Jerusalem, but JESUS bodily returns to earth and destroys them,sets up his KINGDOM OF RULE FOR 1000 YEARS THEN FOREVER.
2ND WAVE CHINA AND KINGS OF THE EAST MARCH TO ISRAEL
REVELATION 16:12
12 And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.(THIS IS THE ATATURK DAM IN TURKEY,THEY CROSS OVER).
DANIEL 11:44 (2ND WAVE OF WW3)
44 But tidings out of the east(CHINA) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)
REVELATION 9:12-18
12 One woe is past; and, behold, there come two woes more hereafter.
13 And the sixth angel sounded, and I heard a voice from the four horns of the golden altar which is before God,
14 Saying to the sixth angel which had the trumpet, Loose the four angels which are bound in the great river Euphrates.(IRAQ-SYRIA)
15 And the four angels were loosed, which were prepared for an hour, and a day, and a month, and a year, for to slay the third part of men.(1/3 Earths Population die in WW 3 2ND WAVE)
16 And the number of the army of the horsemen were two hundred thousand thousand:(200 MILLION MAN ARMY FROM CHINA AND THE KINGS OF THE EAST) and I heard the number of them.
17 And thus I saw the horses in the vision, and them that sat on them, having breastplates of fire, and of jacinth, and brimstone: and the heads of the horses were as the heads of lions; and out of their mouths issued fire and smoke and brimstone.(NUCLEAR BOMBS)
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.(NUCLEAR BOMBS)
Russia source says North Korea readying launches: report JUNE 09,09
MOSCOW (Reuters) – A Russian Foreign Ministry source on Tuesday said there were signs that North Korea was preparing new missile launches, Interfax news agency reported.
After a nuclear test in May, Pyongyang conducted missile launches. South Korea said the North was preparing to test a long-range missile capable of reaching U.S. territory and mid-range missiles that could strike South Korea or Japan.Information is coming to us that there are signs of preparations for the launch of missiles, the unnamed Russian source was quoted as saying.The diplomat said North Korea's temporary ban on navigation in certain areas of the Yellow and Japan Seas was an indication it was preparing to conduct a missile test, Interfax reported.The source did not clarify what type of launch was anticipated.We have not received any formal information about this from the North Korean side,the source was quoted as saying.Russian authorities regularly release information to local news agencies via unnamed foreign ministry officials.(Reporting by Conor Sweeney)
U.S. missile-defense salvage operations under way By Jim Wolf JUNE 9,09
WASHINGTON (Reuters) – U.S. missile-defense contractors and their allies are pushing to salvage what they can of prized, multibillion-dollar programs that Defense Secretary Robert Gates is seeking to scrap or cut back.Amid mounting concern over nuclear and missile programs in North Korea and Iran, Northrop Grumman Corp, for instance, is calling on the Defense Department to rescind a stop work order and carry out a major flight test of its Kinetic Energy Interceptor.Once valued at $6 billion, KEI is intended to shoot down enemy missiles soon after they are launched. Its booster flight test had been scheduled for September. But Gates said the system had very limited capability, cost too much and would have to be fired from what he suggested was perilously close to the target.Northrop argues it had completed 90 percent of everything needed to do the test when the Pentagon pulled the plug on May 11, part of a restructuring of missile-defense efforts that have cost taxpayers more than $100 billion overall.Taxpayers have invested some $1.1 billion in KEI over the last five-plus years,said Bob Bishop, a Northrop spokesman.It would be a shame to spend that money without a test to prove whether the technology works and forego an opportunity to gather valuable data on this first-of-a-kind, high-acceleration agile missile.The Pentagon's Missile Defense Agency is going ahead with plans to launch this summer two Northrop-built prototype satellites designed to track missiles in all phases of flight. Known as the Space Tracking and Surveillance System, it would add a space-based sensor to the layered missile defense system deployed by then-President George W. Bush in 2004.For the 2010 budget year that starts October 1, President Barack Obama has asked Congress for roughly $7.8 billion to fund ballistic missile defense, a cut of about $1.2 billion from 2009.The spending plan calls for greater focus on rogue state and theater ballistic missile threats in line with requests from top U.S. military commanders.
Gates also would terminate Lockheed Martin Corp's Multiple Kill Vehicle, or MKV, on the grounds it was not needed for the limited threat posed by countries such as Iran and North Korea for the next 10 to 15 years. Under Bush administration plans, the 2010outlay for MKV was to have been $441 million.Lockheed spokesman Jeffery Adams, in an email response to a query from Reuters about how the company might leverage the know-how it had gained, said Lockheed developed some very promising kill vehicle technologies for the Missile Defense Agency to include battle management algorithms, the MKV infrared sensor, and divert and attitude control systems; we would hope that these could apply to next generation kill vehicles.With an MKV aboard, a land- or sea-based U.S. interceptor would have been meant to destroy not only an enemy warhead but any decoys or other countermeasures deployed to spoof U.S. defenses.It was designed to deal with a more complex threat that would have come potentially from either China or Russia,Gates told the House of Representatives Armed Services Committee on May 13.
In a belt-tightening move, Gates recommended sticking with the 30 underground silos for long-range missile interceptors in Fort Greely, Alaska, and Vandenberg Air Force Base, California -- instead of adding 14 more as had been planned.Boeing Co is the prime contractor of the system, known as the ground-based midcourse defense. Top subcontractors include Northrop Grumman, Raytheon Co, Lockheed Martin and Orbital Sciences Corp.Gates said 30 interceptors in the ground would provide a strong defense against North Korea. In addition, his 2010 spending plan would add $700 million to field more Raytheon-built Standard Missile-3 and Terminal High Altitude Area Defense (THAAD) systems built by Lockheed Martin.The plan to forgo building 14 new silos for a savings of $170 million will be challenged strongly in Congress, said Riki Ellison, head of the Missile Defense Advocacy Alliance, an industry- and member-supported pressure group.He said he was bringing grass-roots missile-defense advocacy leaders to Washington from 33 of the 50 U.S. states to tell Congress that Americans are not wanting to be less protected against North Korea and Iran.A wide range of lawmakers have argued that, with Pyongyang and Tehran demonstrating growing ballistic missile capabilities now is no time to cut U.S. long-range defenses. A reinvigorated national missile defense system would remind our enemies that regardless of who occupies the White House, America's commitment to its security is not negotiable,Representative John Boehner of Ohio, the Republican leader of the House, said in a June 4 guest column in the Chicago Tribune. As part of its salvage operation, Boeing hopes to spin off the directed-energy technology it has been developing as part of its Airborne Laser, a high-powered chemical laser in a 747 jumbo jet. Gates would turn the ABL, as it is called, into a research program and cancel a second prototype aircraft. The Government Accountability Office estimates about $5 billion has been spent on ABL so far, ahead of a planned attempt to shoot down a target missile later this year. ABL is the pathfinder for directed energy weapons,Michael Rinn, Boeing's program director, said. He said it had shared expertise and lessons learned with a range of other programs.The true value of ABL is in developing the technologies required for useful military applications of target acquisition, precision pointing, active tracking, and beam control/fire control,Rinn added in a statement to Reuters.
Gates toured the missile-defense complex at Fort Greely on June 1, after North Korea carried out its second underground nuclear test and test-fired a barrage of short-range missiles notwithstanding international pressure not to do so. Halting the expansion of the base's anti-missile silos, he said, was not a forever decision.
(Reporting by Jim Wolf; editing by Dave Zimmerman)
WORLD GOVERNMENT
EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.
LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.
DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.
DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
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.
REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.
We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950
Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.
Elitist Confab in Montreal: Adapting to a New World Order – Day 1
Sam Labrier Infowars June 9, 2009
MONTREAL — Today marked the first day of the four-day Conference of Montreal, this year entitled Adapting to a New World Order.Present at the conference is a who’s who of international finance and politics, including the heads of the World Bank and the IMF, Presidents, Prime Ministers, and a large assortment of other Bilderberg and NWO elitists. Presiding over the whole affair is none other than Paul Desmarais Jr., a member of Montreal’s leading Bilderberg family. This is the fifteenth anniversary of the Conference of Montreal. The conference is taking place at the Bonaventure Hilton in downtown Montreal until Thursday.The whole place was under a heavy police lockdown, and getting footage from inside was next to impossible without proper media credentials. Nonetheless we were able to get information from media sources inside about what is being discussed.According to reporters we spoke with, today’s meetings dealt mostly with the economic crisis and what strategies should be employed to deal with it. When we asked if there was any mention of the North American Union, we were told that would be happening on Wednesday. One of the reporters gave us the schedule for the next four days and indeed, on Wednesday, there is a Luncheon at noon entitled The Americas and the New World Order headlined by Madeleine Albright which may or may not be a discussion of the North American Union. The descriptive blurb in the schedule describes it thusly: How can the Americas make changes to play their part in the establishment of a more stable, and fair, basis for international prosperity?
Several unmarked police cars escorted people out of the building all day, and though protesters burned an effigy of Mr. Desmarais on the sidewalk in front of the Hilton, no one was arrested. The police came along after the protesters had dispersed and extinguished the remaining embers.
Some notables from the list of guests this year include:
Madeleine Albright, Former U.S. Secretary of State
Dominique Strauss-Kahn, Managing Director, IMF
Robert Zoellick, President, The World Bank Group
Jean-Claude Trichet, President, European Central Bank
Guillermo Ortiz Martinez, Governor, Central Bank of Mexico
Mark Carney, Governor, Bank of Canada
Alvaro Uribe, President of the Republic of Colombia
Angel Gurria, Secretary-General, OECD
In addition there are numerous ministers from governments all over the globe and from the UN, as well as executives from General Electric, Goldman Sachs, Cisco Systems, GDF SUEZ, The Canadian Chamber of Commerce and others.Each day of the conference has a different theme. Today’s theme was Economy and Governance. The meeting opened at 8:30 a.m. with a lecture from the head of the IMF, Dominique Strauss-Kahn, entitled: Towards a New Global Order.Other events today had titles like A New World Governance and Thriving in a New Financial Order.Cocktails after a long day of running the globe were at 5.
The themes for the next three days are:
Tuesday, June 9: Energy, Health and Sustainable Development
Wednesday, June 10: International Trade and the Americas
Thursday, June 11: International Finance
The closing luncheon on Thursday at noon entitled The Economic Crisis and the Role of Central Banks: How Far Can They Go? sounds like a snore-fest at first, with two Central Bank governors, Mexico’s and Canada’s, giving a speech. However, the lecture’s subtitle indicates that it is something we should all hear:NAFTA and the Economic Recovery: The Required Joint Action Between North American Central Banks.
A full list of all the events of the four-day conference can be downloaded in PDF form here: http://www.conferencedemontreal.com/fileadmin/pdf/2009/Program.pdf
Nepotism Rules at Bilderberg Jurriaan Maessen
Infowars June 9, 2009
According to the official website of the Dutch Royal House, Queen Beatrix’ third born son, Prince Constantijn, is carrying on the family tradition as Programme Associate of the Bilderberg group. Despite the overall media blackout, the Dutch Royal House itself appears to see no problem whatsoever in flaunting its involvement in the secretive group. The media, it seems, takes better care of their secrets than the bluebloods do themselves.
Prince Constantijn
Based on the list of participants at the conference in Greece, 2009 was the year in which the prince accompanied his mother and assumed his new job for the secretive group for the first time. Although his oldest brother, William-Alexander, is destined to inherit the crown, their mother is very much in the habit of rewarding her other offspring with key positions within the new world order. The heir to the throne occupies key positions within the United Nations. Constantijn’s other brother, Johan Friso, was part of the great Goldman Sachs family as an investment banker. Taking a look at prince Constantijn’s résumé shows us some quite interesting things that at an even closer look reveals to be logical steps for him to have taken in preparation for his current position. Let us take a look at the blitz-career of this young blueblood that helped him move up the ladder and apparently made him the ‘best man for the job’ as Programme Associate of Bilderberg. As the royal families own website reports, from 2001 to 2003 prince Constantijn worked as a strategic policy consultant with Booz, Allen & Hamilton operating out of London, England. Booz Allen is a globally operating, self-proclaimed private consulting firm right out of a John Grisham novel with all the dark intrigue that goes along with it. Since its creation in the early 1900s, Booz, Allen & Hamilton has been intimately tied to the military-industrial complex with longstanding relationships with federal intelligence agencies- as a superficial glance on Wikipedia reveals. A March 8 2008 article in CorpWatch reported that the the firm is a key advisor and prime contractor to all of the major U.S. intelligence agencies.(…) Among the many services Booz Allen provides to intelligence agencies, according to its website, are war-gaming- simulated drills in which military and intelligence officials test their response to potential threats like terrorist attacks.A most interesting speciality of the firm is the development of electronic surveillance equipment and other spy-tools to be used against the people. When the queen selected the prestigious firm as an employer for her son, she must have known that you can’t get more new world order than Booz, Allen & Hamilton. Or can you? In the summer of 2003 the prince began working for the Dutch ministry of Foreign Affairs as advisor on European Communications. In this function, Constantijn specialised in communication strategies with the stated aim of getting the Dutch behind further European cooperation. The prince obviously wasn’t very successful as the Dutch convincingly rejected the European Constitution in 2005. After the young prince checked out of the office of the Dutch European Commissioner he checked into a more comfortable office at RAND Europe’s Bruxelles division to further tinker on his strategies. Here he co-wrote several technical reports on a range of subjects: from web 2.0, to RFID technology and other matters concerning ‘global governance’. In 2008 Constantijn was promoted to head the Bruxelles RAND office, expanding his influence even more.
Of all of the prime research areas the prince could envelop himself in, throughout his short career he specifically chose the subjects we identify with the worldwide surveillance grid and the new world order: RFID tracking technology, a regulated Internet and the promotion of more cooperation worldwide through inflated transnational institutions. Besides the fact that he has shown a great interest in matters of tyranny, which no doubt helps to attain such a prestigious position at Bilderberg, the young prince above all owes his current position to the blue blood running through his veins- which makes a comfortable seat around the campfire of the new world order an absolute guarantee.
http://www.koninklijkhuis.nl/content.jsp?objectid=16628
http://www.corpwatch.org/article.php?id=14963&printsafe=1
http://www.government.nl/…Prince_Constantijn_becomes_European_communications_adviser
http://www.rand.org/about/people/v/vanoranje-nassau_constantijn.html
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.
Caribbean system has low chance to develop: NHC Mon Jun 8, 10:55 am ET
NEW YORK (Reuters) – The U.S. National Hurricane Center said Monday that cloudiness, showers and thunderstorms over the southwestern Caribbean Sea were associated with a surface trough, but there was less than a 30 percent chance the system would develop into a tropical cyclone over the next 48 hours.The system was, however, expected to produce locally heavy rains over portions of Central America and Jamaica during the next couple of days.The Atlantic hurricane season runs from June 1 to November 30.
There has been one tropical depression so far this season.The first named storm of the season will be Ana. Tropical storms pack maximum sustained winds ranging from 39 to 73 miles per hour.(Reporting by Eileen Moustakis; Editing by John Picinich)
Forecasters say El Nino may be developing Mon Jun 8, 12:57 pm ET
WASHINGTON – A new El Nino could be approaching.Sea-surface temperatures have been warming in the tropical Pacific Ocean, suggesting the potential for the development of the El Nino climate phenomenon this summer, according to the National Oceanic and Atmospheric Administration.El Nino conditions are associated with increased rainfall across the east-central and eastern Pacific and with drier than normal conditions over northern Australia, Indonesia and the Philippines. A summer El Nino can lead to wetter than normal conditions in the intermountain regions of the United States and over central Chile. In an El Nino year there tend to be more Eastern Pacific hurricanes and fewer Atlantic hurricanes.In recent months conditions have been neutral — between the warmer than normal El Nino and the cooler La Nina conditions.
Water below the sea surface has been warmer than normal, NOAA said, and warm conditions both on the surface and below normally precede the development of an El Nino, changing wind patterns and potentially affecting climate worldwide.Computer models that forecast climate differ, the agency noted, with some predicting arrival of El Nino while others expect continued neutral conditions.On the Net:NOAA: http//http://www.noaa.gov
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).
WHO getting close to declaring H1N1 pandemic JUNE 9,09
GENEVA (Reuters) – The World Health Organization is getting close to declaring a full H1N1 influenza pandemic but wants to make sure countries are well prepared for such a move to prevent a panic, its top flu expert said Tuesday.Keiji Fukuda, acting WHO assistant director-general, voiced concern at the sustained spread of the new strain in countries including more than 1,000 cases in Australia following major outbreaks in North America where it was first detected.The disease, widely known as swine flu, which has infected over 26,500 people in 73 countries, with 140 deaths, has also spread widely in Britain, Spain and Japan.Confirmed community spread in a second region beyond North America would trigger moving to phase 6 from the current phase 5 on the WHO's 6-level pandemic alert scale.Asked whether there was any doubt that a pandemic was under way, Fukuda told a weekly teleconference: We are really getting very close to that.Fukuda said a decision to declare a pandemic involved more than simply making an announcement. The United Nations agency had to ensure that countries were able to deal with the new situation and also handle any public reaction.One of the critical issues is that we do not want people to 'over-panic' if they hear that we are in a pandemic situation,Fukuda said.A very real danger was that hospitals could be overwhelmed by people seeking help when they did not really need it.Since the new flu strain first appeared, many people have stopped eating pork, pigs have been culled in some countries, trade bans on meat imposed, travelers quarantined and some countries have discussed closing borders.These are the kinds of potential adverse effects that you can have if you go out without making sure people understand the situation as well as possible,Fukuda said.(For a WHO note on its pandemic alert scale go to:http://www.who.int/csr/disease/influenza/GIPA3AideMemoire.pdf )
(Reporting by Jonathan Lynn and Stephanie Nebehay; Editing by Richard Balmforth)
SIGNS IN THE SUN, MOON AND STARS
LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
A Real Whopper: Black Hole Is Most Massive Known
SPACE.com andrea Thompson senior Writer space.com – JUNE 8,09
PASADENA, CALIF. — The most massive black hole yet weighed lurks at the heart of the relatively nearby giant galaxy M87.The supermassive black hole is two to three times heftier than previously thought, a new model showed, weighing in at a whopping 6.4 billion times the mass of the sun. The new measure suggests that other black holes in nearby large galaxies could also be much heftier than current measurements suggest, and it could help astronomers solve a longstanding puzzle about galaxy development.We did not expect it at all,said team member Karl Gebhardt of the University of Texas at Austin.The discovery was announced here today at the 214th meeting of the American Astronomical Society.
Game changer
The finding is important for how black holes relate to galaxies,said team member Jens Thomas of the Max Planck Institute for Extraterrestrial Physics in Germany.If you change the mass of the black hole, you change how the black hole relates to the galaxy.Because of this relationship, the revised mass could impact astronomers' theories of how galaxies grow and form.Higher black hole masses could also solve a paradox of the masses of faraway, developing galaxies called quasars. These mysterious denizens of the early universe are very bright, developing galaxies with black holes surrounded by gas and dust, all rife with star formation. Quasars are colossal, around 10 billion solar masses, but in local galaxies, we never saw black holes that massive, not nearly,Gebhardt said.The suspicion was before that the quasar masses were wrong,he said. But if we increase the mass of M87 two or three times, the problem almost goes away.
Why M87 matters
M87 is 50 million light-years away. Nearly three decades ago, it was one of the first galaxies suggested to harbor a central black hole. Now astronomers think that most large galaxies, including our own Milky Way, have supermassive black holes at their centers.M87 also has an active jet shooting light out of the galaxy's core, created where matter swirls closer to the black hole and approaches the speed of light, then combines with tremendous magnetic fields. The spat-out material helps astronomers understand how black holes attract and gobble up matter, a sloppy process in which all is not consumed. These factors make M87 the anchor for supermassive black hole studies,Gebhardt said.While the new mass of M87 is based on a model, recent observations from the Gemini North Telescope in Hawaii and the European Southern Observatory's Very Large Telescope in Chile support the model findings.The study of M87's mass will also be detailed later this summer in the journal Astrophysical Journal.
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).
EU Parliament horse-trading begins
HONOR MAHONY Today JUNE 8,09 @ 17:30 CET
EUOBSERVER / BRUSSELS - With barely a day up since the finish of the EU elections, the members of the newly elected parliament are taking stock and sounding out future political allegiances.Up for grabs in the house in the coming weeks are the leaderships of the different political factions, as well as the chairs of the various committees (where the detail of EU legislation is made) and the presidency of the EU assembly itself.As no party has a majority alone, the next few weeks will be marked by hard negotiations as the different factions deliberate on which other political groups may be good political bedfellows and where and with whom compromises and deals can be made.Added to the mix will be the election of the next European Commission president.The European People's Party wants current commission chief Jose Manuel Barroso to continue. It plans to call on EU leaders to nominate him at their summer summit next week.Speaking to journalists on Monday (8 June), EPP chief Joseph Daul said he was extremely confident and not worried about Mr Barroso's chances of getting a second term.But the EPP needs allies to secure parliamentary backing for Mr Barroso, who is sharply criticised by the left in the parliament.Liberal leader Graham Watson said that it would be the logical conclusion for there to be a centre-right alliance of liberals and the EPP for the mid-July secret ballot.But this alone is not enough to get the 369 votes needed if all 736 deputies vote, particularly as the French members of the liberal group are not expected to vote for the Portuguese former prime minister.The Greens are not an option. Their leader Daniel Cohn-Bendit has called for a broad alliance to stop Mr Barroso from being elected again. The socialists have indicated they will only consider backing him if he sets out a more socially-focussed agenda.
Mr Watson, who on Monday was playing up the traditional liberal role of kingmaker in the EU assembly, suggested a possible quid pro quo on the Barroso question.He suggested that the EPP would get liberal support for Mr Barroso if it backed down on wanting to head the European Parliament as well.I [do not] assume that the EPP would be wise to insist on the presidency of this parliament, said the British liberal, who for months has been trying to canvas support for himself to do the highly symbolic but relatively powerless job. The five-year post could be split up between the socialists and the liberals, he noted.At the moment, the EPP has two possible candidates for the post of chief of the assembly - the Italian Mario Mauro and the Pole Jerzy Buzek. The Italian's name came relatively late in the day but it is now the second largest grouping in the EPP, after the Germans, with Poles in third place, meaning Mr Mauro has a shot at the job.Already there is speculation that Mr Daul, a farmer from the French Alsace region, will lose his job as head of the EPP faction as part of an overall deal on the parliament presidency. This will be decided on 23 June.
In addition to the presidency question of both the commission and the parliament will come the new group formations in the EU assembly, potentially including an anti-federalist group set up by the British Conservatives.It could be the fourth largest in the parliament with over 50 seats, according to analytical website Predict09. But still the Tories need to find MEPs from six other member states in order to pass the threshold for forming a group.If formed, it will raise questions about how the group will fit into the workings of the parliament as well as practical issues such as which committee it will chair.So far, the socialists, who with 162 seats fell far short of the predicted 200 seats, have not made an appearance. While the EPP and the centre-right gave press conferences on the election results, the Socialists, as second largest party, did not. They are perceived as being in disarray following the poor showing at the polls. The results came despite the harsh economic crisis which the centre-left had tried to portray as a being the result of the failed ideology on the right.
European elections marked by record low turnout
ELITSA VUCHEVA Today JUNE 8,09 @ 01:06 CET
EUOBSERVER / BRUSSELS – The turnout in the 2009 European elections was the lowest ever since direct elections for the house started thirty years ago, with Slovakia getting the lowest score for the second time in a row.The 4-7 June election saw 43 percent of the 375 million Europeans entitled to vote go to the polls, according to preliminary results published on Monday afternoon (8 June) by TNS Sofres for the European Parliament.This result is more than two points lower than in 2004, which was then the lowest in the parliament's history at 45.5%.Besides Belgium and Luxembourg where voting is compulsory and turnout is traditionally around 90 percent, the figures were highest in Malta, where almost 79 percent of the citizens cast their vote.Other countries where a majority of people voted included Italy (66.5%), Denmark (59.5%), Cyprus (59.4%), Greece (52.6%), and Latvia (52.6%).By contrast, only 19.6 of Slovaks voted on Saturday. In the country's first EU election in 2004, it registered the lowest ever score in the bloc's history at 17 percent.Lithuania came second with 20.9 percent – a dramatic drop compared to its first election in 2004, when almost half of Lithuanians voted (48.4%).Some 24.5 percent voted in Poland and 28.2 percent in the Czech Republic and in Slovenia.The bloc's newest members, Bulgaria and Romania, showed opposing trends, with Bulgarians demonstrating more voting enthusiasm (37.5% - up from 29% in the country's first elections in 2007) than their northern neighbours (27.4% - down from 29.5% in 2007).
Don't know why it was so low
Speaking at a press conference after the announcement of the results, the leaders of the European Parliament's main parties said they were concerned about the low turnout and that it did raise a number of questions.I don't know why [the turnout is so low] and we need to study why people don't go out and vote,Liberal leader Graham Watson said.According to Mr Watson, citizens' will to vote would increase if they saw a stronger link between their vote and EU decision-making, namely if the European Commission president were appointed from the ranks of the European Parliament, or a certain percentage of MEPs were elected from pan-European lists.For Socialist leader Martin Schulz, the low turnout shows that "the vote doesn't have much to do with European policy.There's a trend towards the re-nationalisation of Europe, Mr Schulz said, adding that the issue could eventually raise the question of the legitimacy of the elections.The parliament's outgoing president Hans-Gert Poettering from the conservative EPP-ED faction said: We have to increase turnout if we can,but said this does not mean going back to the old system where MEPs were appointed by national parliaments.For his part, European Commission president Jose Manuel Barroso called on national politicians to introduce more a more European angle to their politics.
Greens make giant leap in France
LEIGH PHILLIPS Today JUNE 8,09 @ 17:50 CET
EUOBSERVER / BRUSSELS - The European Greens, the only party grouping to increase its representation in the European Parliament, made a shocking leap forward in France and almost pushed the opposition Socialists into third place.Elsewhere in Europe, however, the continent that obsessed itself with discussion of climate change and the need to rapidly develop legislation to combat the planetary crisis, results for the ecologists were a mixed bag, losing a smattering of seats in a number of key member states while winning a handful elsewhere.In total, according to the European Parliament's estimates, the Greens together with their allies are up to 51 seats from 43 in 2004, although the figures are still likely to shift in the coming days. The result is all the more impressive in that the total number of seats within the European Parliament has been reduced from 785 to 736.The co-leader of the Greens, Philippe Lamberts has blamed its defeat in Italy and in Spain however on its alliance with far left groups and says that if the party is to advance across Europe, it must abandon these old allies and attract voters from the mainstream left, the centre and the centre-right.As of Monday (8 June), France's Europe Ecologiste list had startled all observers by capturing 16.2 percent of the national vote - almost pipping the Parti Socialiste, who dropped to 16.8 percent. The result gives the European Greens 14seats in France, up from six in 2004, when they ran as Les Verts. This 7 June, 2009, was the D-Day for ecology politics in France and in Europe,leader Daniel Cohn-Bendit said following the results.This time around, Mr Cohn-Bendit put together a more formidable coalition of Les Verts, alterglobalisation activists around farmer-militant Jose Bove and the Fédération Régions et Peuples Solidaires, or the Regions and Peoples' Solidarity Federation, a grouping of left-oriented nationalists in France from Alsace, Corsica, Brittany, Savoy and the Basque, Catalan and Occitan parts of the country.The names of Mr Cohn-Bendit, the famous 1960s Franco-German left-wing revolutionary, Mr Bove, known for his opposition to GM foods and chief bull-dozer of a McDonalds in the south of France were plastered across the coalition's banners in the style of a Hollywood movie poster alongside a third Green celebrity, Eva Joly, the Norwegian-French anti-corruption campaigner.In Denmark, the party also increased its representation from one to three seats, and gained an extra seat in each of Belgium, Germany, Greece, Finland and Sweden.
In the UK as well, the Greens managed to significantly increase their support, to 11.6percent. The party was not however able to translate this into any additional seats from Britain.A disappointed Caroline Lucas, MEP for the UK southeast, preferred to put the emphasis on upcoming domestic elections. Near-misses in the Euro-elections this year will translate into more council seats next year,she said.And I think we have very good cause to be optimistic about a breakthrough to Westminster in the next general election.The grouping also lost two seats in Italy, and one each in Spain and the Netherlands. As of writing, it was uncertain whether the Greens would be able to hold onto their one seat in Austria.The Greens were also locked out of the new member states once again, despite hopes that they might be able to establish something of a beachhead in the Czech Republic.The party had placed high hopes on the result in the Czech Republic, with endorsements from both anti-Communist hero Vaclav Havel and aristocratic ex-foreign minister Karl Schwarzenberg.
Abandon far left
Philippe Lamberts, co-leader of the European Greens and recently elected MEP from Belgium, was nevertheless thrilled with the result.He explained to EUobserver that for the Greens to replicate their success in France, they needed to do three things: be united while widening the party's coalition, being able to link climate change to a credible economic vision and offering solid candidates.This was the recipe for success in France. In Italy, it's very sad that we lost our seats there, but they could not link their green vision with the economy. They couldn't do this because they allied themselves with the extreme left, as they did in Spain.They did it this time as they did last time, and the track record shows that when you ally yourselves with the extreme left, you never move beyond three to five percent,said Mr Lamberts, a sales executive for IBM in charge of the automobile, aerospace and arms industries in southwestern Europe.
It's a recipe for failure.
But the alliance with regional nationalists that occurred in France, he conceded, would not work in Spain.As for the east, Mr Lamberts argued that the hangover from Soviet times prevents a breakthrough - for now. We are still very much dealing with the Berlin Wall generation, and for them, anything that isn't extremely market-oriented, it doesn't fly.The younger generation realises that market forces left on their own don't work either, and that's where our hope is,he added. But it's also true that there was a lot of internal division [in the party] in the Czech Republic.
Still, it's equally true that we really have to build our parties in the east.
MUSLIM NATIONS
EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,and the Ishmaelites;(ARABS) of Moab, and the Hagarenes;
7 Gebal, and Ammon,(JORDAN) and Amalek;(SYRIA) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)
DANIEL 11:40-43
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He 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.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.
JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
Sarkozy and Obama continue to disagree over Turkey
ELITSA VUCHEVA 07.06.2009 @ 11:14 CET
US president Barack Obama's visit to France on Saturday (6 June) to commemorate the 65th anniversary of the D-Day landings in Normandy saw a convergence of opinion with his French counterpart Nicolas Sarkozy on several international policy issues, except Turkey's EU aspirations.Following a private talk on the margins of the ceremony, both politicians said they agreed on opening a dialogue with Iran, but were strongly critical of Tehran's refusal to suspend its nuclear programme. They also judged North Korea's recent tests in that respect extraordinarily provocative.They expressed similar sentiment on the Middle East as well, saying that a two-state solution was needed in the Israel-Palestine conflict.Perhaps never in the history of our countries have the United States and France been that close on the big dossiers and on the big topics,Mr Sarkozy said at a joint press conference after the meeting.But when it comes to Turkey's EU membership bid, Washington and Paris remained poles apart. While Mr Obama believes Ankara should join the EU, Mr Sarkozy remains firmly against the idea.I've said publicly that I think Turkish membership of the EU would be important, Mr Obama said.What the US wants to do is just to encourage talks and discussions where Turkey can feel confident that it has a friendship with France, with the United States, with all of Europe and to the extent that it defines itself that it has an opportunity to be a part of that,he added.For his part, Mr Sarkozy said he agreed on the general principle of having strong and friendly relations with Turkey, as well as of having the country as a bridge between East and West.But he reiterated his opposition to letting Ankara enter the EU as a full member.I told President Obama that it's very important for Europe to have borders. For me Europe is a stabilising element in the world that I cannot allow to be destroyed,the French president said.EU candidate Turkey opened membership talks with the bloc four years ago, but they have been progressing only slowly, with just 10 of the 35 chapters of its negotiations package having been opened so far.
A tight schedule
While Mr Sarkozy has been preparing for the meeting for months, French media pointed out that it turned out to be much shorter than he hoped, with Mr Obama preferring to spend time in Paris with his family and at the American ambassador's residence, rather than accepting an invitation for a meeting with Mr Sarkozy at the Elysee presidential palace.Can one stay in the capital of an allied country without saying hello to your neighbour? daily Le Figaro asked Saturday, referring to the fact that the American ambassador's residence is just metres away from the Elysee.Mr Obama, who was visiting the Notre-Dame Cathedral with his wife and two daughters on Saturday evening, did the minimum service with regards to meeting Mr Sarkozy, writes Le Parisien.The paper adds that on top of that, Mr Obama's team had tried to arrange a meeting with Jacques Chirac, Mr Sarkozy's predecessor. Mr Sarkozy and Mr Chirac' dislike for one other is well-known.Asked at Saturday's press conference why he had made his visit that short, Mr Obama said he had only allocated four hours to Mr Sarkozy because he had a tight schedule.I think it's important to understand that good friends don't worry about the symbols and the conventions and the protocols,he said.I would love nothing more than to have a leisurely week in Paris, stroll down the Seine, take my wife out to a nice meal, have a picnic. Those days are over, for the moment,he added.
For his part, Mr Sarkozy denied being frustrated by the affair.
We're not here, watch in hand, saying,How much time did you spend with so-and-so? he said at the press conference.I understand that you should put the question, but frankly, do you think people are just waiting to see us hand-in-hand sitting here looking into one another's eyes? Of course not.Mr Obama will leave France on Sunday, but his wife Michelle and his daughters, who will be staying a day longer, will have lunch with Mr Sarkozy and his wife Carla in the Elysee palace.
OBAMA WATCH CENTRAL Obama speech quoted jihad verse from Quran,Address to Muslims used Islamic text urging war against nonbelievers June 07, 2009 11:22 pm Eastern By Aaron Klein 2009 WorldNetDaily
JERUSALEM – In his major address to the Muslim world last week, President Obama quoted a verse from the Quran that is interpreted as urging Muslims to follow Muhammad in waging jihad against nonbelievers. The context of the verse – first noticed by Robert Spencer of the Jihad Watch website – was confirmed by Quranic experts contacted by WND. I have pointed to this section of the Quran as showing the importance of jihad and to follow the prophet (Muhammad) in jihad even though a war may be difficult,Abu Abaida Al-Ahmed, the imam of a central mosque in Gaza City, told WND.Obama quoted the verse in question during a section of his speech where he was stressing a new beginning between the U.S. and the Muslim world, and the need for a sustained effort to listen to each other.Obama continued: As the Holy Quran tells us, 'Be conscious of God and speak always the truth.That is what I will try to do – to speak the truth as best I can, humbled by the task before us, and firm in my belief that the interests we share as human beings are far more powerful than the forces that drive us apart.Obama was reading from chapter 9 verse 119 of the Quran, which deals with the theme of not abandoning Muhammad. The next Quranic passage continues: Neither the dwellers of the city, nor the Arabs around them, shall seek to stay behind the messenger of Allah (when he mobilizes for war). Nor shall they give priority to their own affairs over supporting him. This is because they do not suffer any thirst, or any effort, or hunger in the cause of Allah, or take a single step that enrages the disbelievers, or inflict any hardship upon the enemy, without having it written down for them as a credit. Allah never fails to recompense those who work righteousness.
The two passages are part of a Quranic section scolding local Muslims in Medina for refusing to accompany Muhammad on a war expedition to Tabouk in northern Arabia, where he was seeking to fight a Byzantine garrison. Abu Saqer, the head of Jahidiya Salifiyah, an Islamic outreach movement in Gaza, explained there are two main interpretations of the verse cited by Obama: First that you should follow the truth of Allah, but in specific to follow those who are in jihad with the prophet in spite of the great heat of going to war,he said. Al Ahmed, the Gaza imam, stated, The verses come from the period of the Al-Tabouk war, the year when the prophet left Mecca for Madina.The main official Quranic exegesis, or tafsir, concerning verse 119 deals with the importance of speaking the truth. A secondary tafsir, however, uses the verse quoted by Obama to argue for jihad. That tafsir reads: (Be careful of your duty to Allah) obey Allah in that which he has commanded you, (and be with the Truthful) with Abu Bakr, Umar and their companions when they stay behind and when they participate in jihad.During his speech in Cairo last week, Obama referred to the Quran as holy four times and quoted several verses from the Islamic text. He also used Muslim terminology, such as the Quranic obligation of zakat or charity. The speech, in which Obama referenced his Islamic experiences as a child in Indonesia and the Muslim faith of his paternal family, was a major departure from the tone of his campaign last year, when Obama and his team emphasized the then-candidate's stated Christian faith.
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
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
HALF HOUR DOW RESULTS TUE JUNE 09,2009
09:30 AM +1.25
10:00 AM +1.26
10:30 AM -14.66
11:00 AM -29.24
11:30 AM -23.36
12:00 PM -28.64
12:30 PM +0.68
01:00 PM -8.23
01:30 PM -4.99
02:00 PM -0.75
02:30 PM +23.83
03:00 PM +13.23
03:30 PM +8.01
04:00 PM -1.43 8763.06
S&P 500 942.43 +3.29
NASDAQ 1860.13 +17.73
GOLD 955.50 +3.00
OIL 69.94 +1.53
TSE 300 10,547.86 -1.26
CDNX 1143.96 +12.14
S&P/TSX/60 641.15 -2.15
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -0.14%
S&P +3.97%
Nasdaq +16.83%
TSX Advances 638,declines 899,unchanged 263,Volume 1,873,053,281.
TSX Venture Exchange Advances 351,Declines 463,Unchanged 347,Volume 256,227,870.
Dow +18 points at 4 minutes of trading today.
Dow -18 points at low today.
Dow +39 points at high today so far.
GOLD opens at $960.70.OIL opens at $69.65 today.
AFTERNOON,NEWS,STATS
Dow -39 points at low today so far.
Dow +39 points at high today so far.
DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 1,869,declines 1,623,unchanged 127,New Highs 18,New Lows 28.
Volume 2,080,558,872.
NASDAQ Advances 1,453,declines 1,098,unchanged 134,New highs 34,New Lows 9.
Volume 865,523,130.
TSX Advances 681,declines 638,unchanged 271,Volume 998,512,390.
TSX Venture Exchange Advances 325,Declines 278,Unchanged 284,Volume 160,151,037.
WRAPUP,NEWS,STATS
Dow -39 points at low today.
Dow +39 points at high today.
Dow -0.02% today Volume 187,934,793.
Nasdaq +0.96% today Volume 2,026,776,300.
S&P 500 +4.34% today Volume N/A
10 big banks get OK to repay $68B in bailout money By DANIEL WAGNER, AP Business Writer JUNE 9,09
WASHINGTON – The Treasury Department will allow 10 of the nation's largest banks to repay $68 billion in government bailout money.The department on Tuesday said the banks, which were not named, have been approved to repay the money they received from the $700 billion Troubled Asset Relief Program created by Congress last October at the height of the financial crisis.The banks have been eager to get out of the program to escape government restrictions such as caps on executive compensation.All eight banks that took TARP money and last month passed government stress tests confirmed that they received permission to repay the bailout funds. They are: JPMorgan Chase & Co., American Express Co., Goldman Sachs Group Inc., U.S. Bancorp, Capital One Financial Corp., Bank of New York Mellon Corp., State Street Corp. and BB&T Corp.Morgan Stanley did not pass the government test, but on Tuesday said it had raised enough capital quickly and was approved to repay its TARP money.Northern Trust Corp. was not among the 19 banks subjected to stress tests, but the company said it also had received permission to repay the bailout funds.
Experts say allowing 10 banks to return $68 billion in bailout money illustrates some stability has returned to the system but caution that the crisis isn't over. Some worry the repayments could widen the gap between healthy and weak banks.Stocks zigzagged after the Treasury's widely expected announcement. In afternoon trading, the Dow Jones industrial average dropped about 5 points. Broader indices edged up.
More than 600 banks nationwide have received nearly $200 billion in TARP money and 22 smaller banks already have repaid it.These repayments are an encouraging sign of financial repair, but we still have work to do,Treasury Secretary Tim Geithner said in a statement.But some analysts questioned whether strong performance at the largest banks obscures greater dangers in the broader banking industry.Smaller banks are still saddled with billions of dollars in risky commercial real estate loans, which could cause heavy losses depending on the speed of economic recovery. And large banks continue to hold the toxic, mortgage-backed assets at the heart of the financial crisis.
Longtime bank analyst Bert Ely called the repayments a positive sign for the banking sector but not a reason to celebrate. He noted that three of the nation's biggest banks — Citigroup Inc., Wells Fargo & Co. and Bank of America Corp. — are still tied to the bailout.Even the banks permitted to repay the bailout funds are still dependent on government support, including debt guarantees from the Federal Deposit Insurance Corp. and credit lines from the Federal Reserve.American Express and U.S. Bancorp said the repayments would reduce earnings for the quarter.Other observers worried the repayments are a better deal for the banks than they are for the taxpayer.
We all know why the senior executives want to repay this money: It's a burden to manage the TARP politics,said Mark Williams, a finance professor at Boston University and former Fed examiner.Williams argued that it would be best for the banks to keep as much capital as possible until the economy turns around. Unemployment continues to rise, he said, and that could mean more losses on loans and new bank failures. We're not at the bottom of the banking crisis, so why is it, then, that the regulators are letting these banks reduce their capital cushion? Williams said. Should they stumble again, taxpayers will have to come to rescue.Banks have been chafing under limits on executive compensation and say key employees have been leaving for small private firms and foreign banks. JPMorgan Chief Executive Jamie Dimon has railed against government restrictions on hiring foreign employees. The administration is expected to roll out new executive compensation rules Wednesday that would apply to banks that still have TARP funds. Bailed-out banks also have been scrutinized for what Congress deems lavish spending, and what the companies view as run-of-the-mill marketing and operations: sponsoring sporting events, ordering corporate jets and hosting getaways for clients and employees. When Treasury first doled out the money, it received warrants from the banks allowing it to purchase stock at a fixed price at some future date. Since the stock prices are expected to rise as the economy recovers, the warrants could provide substantial profits for taxpayers. The firms now have the right to purchase the warrants Treasury holds in their firm at fair market value, Treasury said Tuesday. Testifying before a Senate panel, Geithner said the value of the warrants for banks permitted to repay TARP funds are in the several billion dollar range.
Besides Treasury's potential income from the sale of the warrants, the 10 banks already have paid dividends on the preferred stock totaling about $1.8 billion over the last seven months.Treasury spokesman Andrew Williams said the banks can begin repaying immediately — as soon as they figure out where to send the check.Dividend payments received for all TARP participants are about $4.5 billion to date, according to Treasury.
The amounts the banks could repay are:
JPMorgan: $25 billion ,Morgan Stanley: $10 billion ,Goldman Sachs: $10 billion
U.S. Bancorp: $6.6 billion ,Capital One: $3.6 billion ,American Express: $3.4 billion
BB&T: $3.1 billion ,Bank of New York Mellon: $3 billion ,Northern Trust: $1.6 billion
State Street: $2 billion.
The push to repay the funds comes a month after stress tests of the nation's 19 largest financial firms found that 10 needed to raise $75 billion more to protect against future losses. All of those banks, including Citigroup, Wells Fargo and Bank of America, had submitted plans by late Monday to bolster their capital cushions that were enough to help them survive a deeper recession, the Fed said. The other nine institutions had to prove they could raise enough private capital without federal guarantees before they could return the money. So far, 16 of the 19 banks have raised $75.2 billion, mostly by selling common stock.Regulators want to avoid letting a bank repay its TARP money only to have it return months later in worse shape, seeking another handout.AP Economics Writer Martin Crutsinger in Washington and AP Business Writers Madlen Read, Stevenson Jacobs Sara Lepro in New York contributed to this report.
Finance ministers reject French proposal to weaken euro rules
ANDREW WILLIS Today JUNE 9,09 @ 07:25 CET
EUOBSERVER / BRUSSELS – Finance ministers from the 16-member euro area rejected on Monday night (8 June) French proposals to weaken the budget deficit rules that underpin the common currency area and reconfirmed their support in the European Commission as the principal watchdog.We all agreed that the [European] Commission has to be the guardian of the Stability and Growth Pact,Spanish Finance Minister Elena Salgado Mendez said of the rules while speaking to journalists in Luxembourg after the meeting.Economy commissioner Joaquin Almunia said the pact – softened in 2005 due to pressure from the French and German governments – was already sufficiently flexible to allow the necessary stimulus spending to boost the economy. Mr Almunia added that it was important for governments to get an idea of when the current stimulus spending was going to stop and the move to improve balance sheets would start.Current commission forecasts predict a return to growth for the area by mid-2010.That will be an appropriate time to start moving in the direction of the consolidation of accounts,he said. Last week French Economy Minister Christine Lagarde suggested current rules that allow government deficits to exceed three percent of GDP for only limited periods and under exceptional circumstances should be watered down. We should think about a special treatment for the debts currently acquired as a consequence of the crisis,she told Financial Times Deutschland in an interview.The discussion on deficits comes as the commission and member states carry out a mid-term review of budgetary policy and on the same day that a report by the International Monetary Fund said that the timing of economic recovery for eurozone was uncertain.The report by the international lender called on euro nations to carry out a resolute and coordinated clean up of the banking system and highlighted the need for member states to stress test banks. Finance ministers from the EU's 27 members will continue the debate on budgetary deficits on Tuesday, with the meeting expected to sign off on a document on the subject for EU leaders to discuss at their meeting in Brussels on 18-19 June.
Juncker to stay on
Ms Salgado was standing in as chair on the monthly meeting euro finance ministers – known as the Eurogroup – for Luxembourg prime minister Jean-Claude Juncker who is currently forming a new government having won a fourth term in parliamentary elections on Sunday. A recent announcement by Mr Juncker that he intended to give up his twin post as Luxembourg's finance minister has given rise to speculation that he would also draw to a close his time as chairman of the Eurogroup. However on Monday Mr Juncker said that he hoped to remain in the position, possibly by holding on to a number of economic duties. Depending on the outcome of the governing coalition negotiations, I could go on with part, or the entire (portfolio) of the treasury ministry,Mr Juncker told the German Press Agency.
Ganley fails to win Irish seat for Libertas
HONOR MAHONY Today JUNE 9,09 @ 08:23 CET
Irish businessman and founder of the fledgling pan-European movement Libertas Declan Ganley has failed to win a seat in the European Parliament, while the anti-treaty group as a whole failed to get a foothold across the EU.Mr Ganley on Monday evening (8 June) conceded defeat in the North West constituency in Ireland after a recheck of votes confirmed that he had come fourth in the three-seat region.The rookie politician has now indicated he will step back from politics and has re-iterated that he will not spearhead the second No campaign against the Lisbon Treaty, with a referendum due in the autumn.I will not be involved in the second Lisbon campaign, I've said that upfront. I've got to get back to work,he said, according to the Irish Times newspaper.I sought a democratic mandate and I didn't get one, and that's how democracy works. And as I said, I can take no for an answer.Mr Ganley, emerging out of nowhere, ran a high-profile campaign against the Lisbon Treaty last year, saying at first the document was bad for business before expanding the argument to other issues such as democracy.He then used his success - the Irish voted No last June - to attempt to build up a pan-European movement, at one time saying it was fielding 600 candidates in the EU elections and hoped to get 100 seats.But the movement suffered from a lack of a coherent message other than the anti-treaty platform, and there appeared to be little binding the Libertas politicians - mostly right wing and nationalist - from the different member states together.Libertas was also marred by persistent allegations of attempts of using money to try and persuade politicians to come on board and, despite campaigning on a transparency ticket, was slow to reveal its own funding.
Only in France, where the nationalist Mouvement pour la France agreed to run under the Libertas banner, did the Irish-grown movement get a seat - in the form of Philippe de Villiers, head of the MPF.In the UK, where it could reasonably be expected to have gained a seat, it failed due to an already over-crowded market, with the Conservatives and the UK Independence Party occupying similar political ground.Mr Ganley has said he is not sure what his non-election will mean for the future of the movement, which claims thousands of grassroots supporters across the EU.We'll see, I mean that's something that we'll discuss. There are very many thousands and thousands of people involved in Libertas across the European Union. We'll all be discussing that internally and they'll decide what we do next.
Baltic Sea strategy to combat pollution and regional disconnections
VALENTINA POP Today JUNE 9,09 @ 09:29 CET
EUOBSERVER / BRUSSELS – The European Commission on Wednesday is set to present a strategy and action plan for the Baltic Sea region aimed at cleaning up the heavily polluted sea, interconnect power grids and transport networks, tear down trade barriers and combat trafficking and organised crime along the borders, according to two draft documents seen by EUobserver.The strategy, aimed at better integrating various initiatives by member states and regional co-operation networks, is focusing on four core priorities - environment, economy, energy and transport, safety and security.Each of the eight member states involved - Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland and Sweden – is penned down as co-ordinator for one or several of the 15 actions outlined in the 68-page-long action plan accompanying the strategy.The strategy is a first attempt to have a co-ordinated approach in a so-called EU macro-region - the Baltic Sea region covering 106 million people, or 23 percent of EU's population. A similar approach to the Danube region or the Alps could also follow, if this one proves successful, and could have an impact on the priorities for regional funding in the next seven-year EU budget period starting in 2014.There is no extra money as yet earmarked for this strategy, but the co-ordinated approach could improve the use of EU funds for infrastructure projects like water treatment plants or railway links.We are not re-inventing the wheel, but rather making sure that the four wheels of the vehicle are going in the same direction,an EU official familiar with the matter told this website.Knud Andersen, a Danish politician promoting regional cooperation around the Baltic Sea, said he had argued heavily for the EU commission to take leadership on this strategy and to have the endorsement of the rest of Europe.There are over 60 different organisations in the Baltic area and it is for the first time that there is an overall strategy for the whole region,he told EUobserver. Russia, the ninth country bordering the Baltic Sea, will be involved only in specific projects via existing regional frameworks such as the Northern Dimension – an EU external co-operation framework that also includes Norway, Iceland and Helcom, the Helsinki-based co-operation body on marine environment protection in the Baltic Sea.
The strategy is an internal one addressed to the European Union and its member states. The effectiveness of some of the proposed actions will be enhanced by continuing constructive co-operation with interested [non-EU] countries in the region,the draft strategy reads.The implementation of environmental measures, for instance reducing the levels of toxic substances in the sea, heavily depends on the cooperation with Russia. Progress in the Northern Dimension framework has so far been limited in this aspect.Both the EU commission when drafting the strategy, as well as the upcoming Swedish EU presidency which will oversee the endorsement of the strategy by all member states in October have informed Russia about this initiative.Russia has not shared any scepticism with us, but seemed happy that we discussed the implementation of the strategy that applies to them within the Northern Dimension. And the Baltic states also seem happy with this solution,a Swedish diplomat told this website.
Poland coordinates sewage water management
According to the draft action plan, Poland will co-ordinate measures aimed at reducing the nitrogen and phosphorus levels in the sea, which mainly originate from sewage water and maritime traffic.Examples of projects include waste water treatment plants around the Baltic Sea, as well as phasing-out timetables for the use of phosphates in detergents used in the countries bordering these waters.Over-fishing and other threats to the biodiversity of the sea will be dealt with by Germany, Denmark will oversee research on the impact of climate change on the region, while Sweden will co-ordinate decontamination efforts of ship wrecks and chemical weapons sunk in the Baltic Sea.No co-ordinator was yet penned down for clean shipping measures, for instance cleaning up the waste left behind by transitting ships and improving garbage handling in ports.Although the strategy is not addressing any of the current economic woes of the region, as it targets developments in five-ten years time, it does include a set of measures aimed at removing trade barriers and improving transnational co-operation in research and innovation – the latter being co-ordinated by Poland and Sweden.On energy and transport, the strategy identifies an urgent need for interconnecting the countries of the region. The energy markets lack appropriate infrastructures and are too nationally oriented instead of being linked across the region. This creates higher energy supply risks and prices. Estonia, Latvia, and Lithuania remain, with the exception of the Estlink power cable between Estonia and Finland, essentially isolated from the wider energy networks of the European Union,the strategy notes.Latvia will coordinate measures aimed at improving the access, efficiency and security of energy markets.
Rail network reflects East-West divide
Currently, it takes 40 hours and six changes to travel by train from Warsaw to Tallinn – via Minsk and Sankt Petersburg and there is still no train connection between neighbouring capitals of Tallinn and Riga, some 300 km away from each other.
The lack of the North-South linkages in the eastern Baltic Sea region relates to the divide and rule empire-building approach of the former Soviet Union: East-West linkages connecting each Soviet republic to the central powerhouse of Moscow were developed and inter-regional linkages very consciously avoided,Alexander Dubois, an expert on the region writes in the Journal of Nordregio.Lithuania is provisionally written down for coordinating the transport projects, which include a Rail Baltica linking Poland, Lithuania, Latvia and Estonia, as well as Finland through a rail-ferry service.Improved connections with neighbouring countries like Russia and Norway are also included, as well as shorter plane routes, a Baltic motorway of the sea and smarter transport initiatives minimising the environmental impact.Under the fourth priority – safety and security – the maritime aspects will be coordinated by Finland.
A natural route for oil transports, especially from Russia, the Baltic Sea is endangered by oil spills. The draft action plan lays down several measures to reduce these risks, such as a common maritime surveillance system, joint training and exercises.Better co-operation between customs and border police in the region would aim at reducing human and drug trafficking along the region's lengthy external borders.The EU should promote and support the development of regional approaches and co-operation to combat organised crime, particularly in border regions. The further refinement of cross-border co-operation structures in the Baltic Sea Region should greatly contribute to addressing the security deficits in the region,the draft action plan reads.
European press freedom charter launched
LEIGH PHILLIPS Today JUNE 9,09 @ 17:20 CET
EUOBSERVER / BRUSSELS - In an effort to counter increasing worries about infringement of press freedom by governments in Europe, both within the EU and beyond, the editor-in-chief of Germany's weekly Stern magazine, together with EU media commissioner Viviane Reding on Tuesday (9 June) celebrated the launch of the European Charter on Freedom of the Press. Speaking to journalists in Brussels, Ms Reding expressed her concern about threats to media freedom in the east but was reluctant to acknowledge similar worries emanating from Italy.The charter, while having no legal teeth and being largely a symbolic document, should begin to have some effect at the point of accession to the EU, as it is intended to be made a condition of entry for EU candidate countries in future accession negotiations.[The commission does] not have a direct competence to make the charter legally binding, said Ms Reding, but the journalists will give the charter to the politicians, who will have to see that the charter is applied in real terms.The ten-article charter requires, amongst other assurances, that journalism in all media be free of persecution, repression and of political interference by government.The charter is an initiative of the Stern editor, Hans-Ulrich Joerges, Ms Reding and other editors-in-chief of European newspapers and originated during a discussion between the commission and the newspapers in 2007.The publishers and the commission meet on an annual basis to discuss sectoral concerns.The charter's main concern is at last to unify Europe journalistically and to enable all our colleagues to invoke its principles if press freedom is violated,said Mr Joerges at the launch in Brussels alongside Ms Reding.
Some 150 prominent journalists from 28 European states have signed the document, but all journalists are encouraged to do so at the document's online home.In March, the Open Society Institute's media programme - a pressure group focussing on media freedom in emerging democracies - criticised the European Commission in a report that argued that broadcasting across Europe, particularly in the east but also in Italy, is undergoing a counter-reformation - a backsliding towards overt political control after the post-Cold War period, when leaders relaxed their grip on TV and radio.The report also found that many public broadcasters are heading into the economic crisis deeply underfunded and unable to meet public service requirements, while political elites are returning to appointing partisan allies to key positions, secure in the knowledge that no penalties from the EU await them for doing so.The European Commission came in for criticism for not holding new EU member states to account after promises concerning media freedom were made ahead of accession.The commission has notably failed to keep the new states to their compacts for the media that they made as a condition of entry,the report said.Ms Reding, herself a former reporter, said the charter was inspired by complaints from eastern journalists about the undermining of press freedoms.About the eastern press in general, continued Ms Reding, adding and Italy visibly reluctantly after a reporter's prompt,the eastern press was the basis for this. Journalists from the eastern press really told us horror stories about how they cannot exercise their job as a journalist any more.
The OSI report at the time described the situation in Italy as a dark farce.
Already the owner of 90 percent of Italy's commercial broadcasters, Prime Minister Silvio Berlusconi influences the public broadcaster RAI as well. Under his third premiership, according to the report,the appointment of its board followed the usual political logic, with the result that strategic decisions reflected political affiliation.Italian deputies have ... grown accustomed to see their control over RAI as a natural prerogative,the document continues.Speaking to EUobserver, Mr Joergens said that he shares OSI's concerns about Italy.It's noticeable that only one journalist from Italy, from Corriere della Sera, signed the charter. The situation in Italy should be as much a concern as in the east.
Sarkozy vows to change Europe after EU elections success
ELITSA VUCHEVA Today JUNE 9,09 @ 09:09 CET
French President Nicolas Sarkozy has said his party's victory in Sunday's European elections showed that French people wanted the EU to change and has said he would come up with initiatives in that respect in the days to come.In a communique published Monday (8 June) on the French president's website, Mr Sarkozy said that his centre-right UMP party's victory showed French people's recognition for the work accomplished during the French presidency of the European Union [in the second half of last year] and their support for the efforts undertaken by the government to bring to an end an unprecedented global crisis.The UMP was a clear winner in the elections in France on Sunday, obtaining some 28 percent of the votes – way ahead of the main opposition party of the Socialists (16.5%), who came neck and neck with the French Greens (16.3%).In the previous European elections in 2004, the UMP had come second (with 16.6% of the votes), far behind the Socialists (28.9%). At the 1999 elections, it had only come third, after the Socialists and the far-right list of Charles Pasqua and Philippe de Villiers.But Sunday's elections also saw the lowest ever turnout at European elections in France, dropping from 42.8 percent in 2004 to 40.5 percent. The high level of abstention shows that Europe does not mobilise enough and must evolve, sources close to Mr Sarkozy told Reuters.The President of the Republic knows the expectations of the French. This success at the European parliament elections requires us to go further,reads the Elysee communique.
Europe must change. Reforms must continue.
It also says that Mr Sarkozy will take initiatives in the coming days to open up new projects and he will meet the leaders of all French parties represented in the European Parliament before the meeting of EU leaders in Brussels at the end of next week.According to daily Le Figaro, he should make a television address in the course of this week and is expected to announce a government reshuffle in the days or weeks to come.Separately, Mr Sarkozy will also meet German chancellor Angela Merkel on Thursday in Paris in order to prepare the 18-19 June Brussels summit, which will mostly focus on tightening financial supervision and on discussions on climate change policies.Ms Merkel's conservative CDU, together with its sister party CSU in Bavaria, also won the elections in her country, obtaining close to 38 percent of the votes, ahead of the Social Democrats on 21 percent.
Top Chinese banker Guo Shuqing calls for wider use of yuan.The head of China's second-largest bank has said the United States government should start issuing bonds in yuan, rather than dollars, in the latest indication of the increasing importance of the Chinese currency. By Malcolm Moore in Shanghai 5:38AM BST 08 Jun 2009
Top Chinese banker Guo Shuqing calls for wider use of yuan .Zhou Xiaochuan, head of the People's Bank of China, has published a personal paper proposing to replace the dollar as the international reserve currency.US Treasury Secretary Timothy Geithner delivers his speech at the National School of Development of Beijing University on June 1, 2009. Guo Shuqing, the chairman of state-controlled China Construction Bank (CCB), also said he is exploring the possibility of issuing loans to trading companies in yuan, allowing Chinese and foreign companies to settle their bills in yuan rather than in dollars. Mr Guo said the issuing of yuan bonds in Hong Kong and Shanghai would help to develop the debt markets in China and promote the yuan as a major international currency. It was the first time the head of a major Chinese bank has called for the wider use of the yuan, although a chorus of senior government officials have already voiced their concerns about the stability of the dollar and have said the yuan should be used more widely. I think the US government and the World Bank can consider the issuing of renminbi bonds,he said, asking for a mutual cooperation between the US and China to promote Chinese financial services. He said bond issuance could be relatively small, at between 1bn and 3bn yuan (£100m to £300m).HSBC and Standard Chartered have both said they are preparing to issue bonds denominated in yuan.Mr Guo is a former head of China's foreign-exchange administration, which manages the country's $1.9 trillion foreign exchange reserves. He said he was confident the yuan would become a major currency in the medium-to-long term.
Two months ago, before the G20 meeting in London, Zhou Xiaochuan, the head of the People's Bank of China, the central bank, published a personal paper proposing to replace the dollar as the international reserve currency. His call came after Wen Jiabao, the Chinese premier, asked the US to guarantee the safety of China's huge pile of US debt.In April, the Chinese government said traders in Shanghai, Shenzhen, Guangzhou, Zhuhai, Dongguan, Hong Kong, Macau, Yunan and Guangxi could start to settle their bills in yuan, rather than dollars, paving the way for the currency to become more fully convertible.
Stocks reverse losses as commodities end off lows By TIM PARADIS, AP Business Writer JUNE 8,09
NEW YORK – Investors might be worried about the soundness of the market's rally but they're also worried about missing it.Stocks reversed steep losses in the final hour of trading Monday to end little changed. The Dow Jones Industrial average recovered from a 130-point slide to end up a little more than 1 point.The day offered little economic and corporate news to guide investors. Add in light trading volume, and traders said the mix was right for volatility.Stephen Carl, head of equity trading at The Williams Capital Group in New York, said the light volume made the market susceptible to quick changes in direction. With fewer players in the market it takes little to nudge stocks from one direction to the other.On light volume they're just kind of looking for anything,he said, referring to traders seeking signals about which way to trade.Volume picked up somewhat in the final hour and investors moved into stocks of financial companies and retailers.Falling commodities prices had spooked investors earlier Monday, but prices for key industrial materials closed off their lows for the day, providing some relief to the stock market.Commodities prices have been rallying in recent weeks on optimism that a pickup in manufacturing would increase demand for raw materials like copper, silver and oil. The recovery in both stock and commodity prices late Monday suggested that investors have not given up on hopes for a turnaround in the economy.Traders said the market is still trying to determine whether to proceed with a powerful three-month rally.There's a growing sense of confusion as to when exactly this decline in the economy will end and what kind of expansion will come on the heels of it, said Joseph Battipaglia, market strategist for the private client group at Stifel Nicolaus & Co.
According to preliminary calculations, the Dow rose 1.36, or less than 0.1 percent, to 8,764.49. The Standard & Poor's 500 index slipped 0.95, or 0.1 percent, to 939.14, and the Nasdaq composite index fell 7.02, or 0.4 percent, to 1,842.40.Commodities producers including Alcoa Inc. and Freeport-McMoRan Copper & Gold Inc. weighed on the market much of the day.Like stocks, commodities have been rallying on expectations of an economic recovery. Demand for commodities would likely increase as the economy strengthens.Monday's pullback in commodities prices was also due in part to strength in the dollar, which can hurt demand for raw materials by making them more expensive.
Aluminum producer Alcoa fell 17 cents to $10.77, while Freeport-McMoRan slid 68 cents to $56.48.Light, sweet crude fell 35 cents to settle at $68.09 per barrel on the New York Mercantile Exchange.Investors were also cautious ahead of the latest report card on banks. The government is expected to announce this week which banks will be allowed to return bailout funds. JPMorgan Chase & Co., Goldman Sachs Group Inc. and American Express Co. are expected to get approval to repay their loans, according to The Washington Post.Other banks that were told by the government last month to raise funds to help protect against a worsening in the economy must submit plans Monday about how they are raising that capital. JPMorgan rose 84 cents, or 2.4 percent, to $35.39, while Goldman fell 66 cents, or 0.4 percent, to $148.35. Amex rose 70 cents, or 2.8 percent, to $25.65. Dan Deming, a trader with Strutland Equities, said investors are worried that the Federal Reserve might have to raise interest rates to curb inflation. Higher rates could make mortgages and other loans more expensive.
Inflation worries come as oil sits near six-month highs and as unemployment stands at a 26-year high. The government said Friday that employers cut 345,000 jobs last month, the fewest since September. But unemployment remains at a high 9.4 percent after four months of slowing layoffs. Bond prices fell. The yield on the 10-year note, a widely used benchmark for home mortgages, rose to 3.90 percent from 3.84 percent late Friday. The yield on the three-month T-bill rose to 0.18 percent from 0.17 percent Friday. Short-term Treasurys got hit hard for the second day. The yield on the two-year note jumped to 1.42 percent from 1.31 percent Friday. On Thursday, the yield was 0.97 percent.The Russell 2000 index of smaller companies fell 5.57, or 1.1 percent, to 524.79.Three stocks fell for every two that rose on the New York Stock Exchange, where volume came to a light 1.1 billion shares, versus 1.3 billion on Friday.Major European markets fell. Britain's FTSE 100 fell 0.8 percent, Germany's DAX index slid 1.4 percent, and France's CAC-40 dropped 1.5 percent. In Asia, Japan's Nikkei stock average finished with a gain of 1 percent.
Rolling up TARP: Will it be strong banks vs. weak? By STEVENSON JACOBS and DANIEL WAGNER, AP Business Writers JUNE 8,09
NEW YORK – Banks have been eager to pay back bailout money almost since the moment they first accepted it. Now the government is deciding which banks can return the cash — at the risk of setting up a system of winners and losers.The Treasury gets to determine which banks can quit the $700 billion Troubled Asset Relief Program, loosening the federal grip on the banking sector eight months after Congress approved the rescue package. An announcement could come as early as Tuesday.The repayments, which could exceed $50 billion, reflect a measure of stability that has returned to the banking system in recent months. But experts say the crisis isn't over and warn that the repayments could widen the gap between healthy and weak banks.We're going to find out who are the strongest kids on the block and who are not,said Bert Ely, a longtime banking analyst.Banks started railing against the TARP almost immediately after they accepted the help. One CEO, Jamie Dimon of JPMorgan Chase & Co., called the money a scarlet letter,referring to the public backlash and federal scrutiny that came with it.Banks that are expected to get a green light to repay bailout funds include JPMorgan, Goldman Sachs Group Inc. and American Express Co. They would be free of federal rules ranging from caps on executive pay to restrictions on dividend payments.But weaker banks such as Citigroup Inc. and Bank of America Corp. would remain tethered to the government and face a problem — how to compete for business and top workers against rivals operating more freely.Banks had been at an equal disadvantage,said Jack A. Ablin, chief investment officer at Harris Private Bank in Chicago.Now you'll have some that are unfettered and others that are constrained. That will affect the ability to attract customers and talent.Investors are also keeping score. Stock in Citigroup and Bank of America, which received a combined $90 billion in TARP money, has plunged. Investors will probably keep favoring firms that show they can stand without federal help, Ablin said.
If you can decide between a weak player and a strong player, just about every advantage goes to the strong,he said.The push to repay TARP money comes a month after "stress tests" of the nation's 19 largest financial firms found that 10 needed to raise $75 billion more to protect against future losses. All 10 had submitted plans by late Monday, the Federal Reserve said. The Fed said Monday that plans submitted by 10 banks to bolster their capital cushions are enough to help them survive a deeper recession.The remaining nine institutions received a combined $56 billion in TARP money. They had to prove they could raise enough private capital without federal guarantees before they could return the money.So far, 16 of the 19 banks have raised $75.2 billion, mostly by selling common stock. Meanwhile, about a dozen smaller banks have already repaid TARP money.Regulators want to avoid letting a bank repay its TARP money only to have it return months later in worse shape, seeking another handout.That's why regulators say they need to determine which banks are truly stable enough to repay their TARP money. Their decisions depend on how accurate the tests were in calculating the banks' capital needs.You could easily be off by $300 billion on how much capital these 19 banks needed,said Douglas Elliott, a fellow at the Brookings Institution and a former investment banker.Maybe we'll get lucky and everything will be fine, but I wouldn't count on it. There are a lot of dangers still out there.Industry insiders say a big worry is that banks stuck with limits on how much they can pay executives will watch star performers flee to other companies.
Federal rules imposed by Congress limit executive bonuses at banks that receive bailout money and cap total compensation of top executives at $400,000 a year. Administration officials are set to outline stricter rules later this week. Much of the revenue at banks like Citigroup comes from a relatively small number of trading desks. So losing a few key traders could be a serious drag on the banks' bottom lines as they strive to right themselves.Scott Talbott, top lobbyist with the Financial Services Roundtable, which represents the largest financial firms, said top salespeople and producers were already leaving banks for hedge funds and foreign firms. The growing gulf between TARP and non-TARP banks could speed that process, he said.It will impact sales people, and sales people are the life of the company, Talbott said. If you can't make sales, you can't improve revenue. If you can't improve revenue, you can't improve your stock price. If you can't improve your stock price, you can't return the government's money. And that will just maintain the competitive disadvantage.That's not lost on the banks most heavily indebted to the bailout. Bank of America wants to repay the money soon as possible, but the timing is up to the government,spokesman Scott Silvestri said.
A spokesman said Citigroup hasn't applied to repay TARP funds.
Simon Johnson, a former chief economist at the International Monetary Fund, said putting Citigroup and Bank of America at a disadvantage might be part of the government's plan. Both banks need to downsize, so this is going to cause them to lose talent if the constraints are effective,said Johnson, now at the Massachusetts Institute of Technology's Sloan School of Business. That may be, given the political constraints, the most effective way to reduce systemic risk.The Treasury declined to comment on whether it was concerned that bailout paybacks might increase strain on weaker banks.One person who says he isn't worried: Rep. Barney Frank, chairman of the House Financial Services Committee.Do you think there are people who don't already know that there are strong banks and weak banks? We don't need TARP repayments to figure that out,Frank, D-Mass., said in an interview. Wagner reported from Washington. AP Business Writer Madlen Read in New York and Economics Writer Jeannine Aversa in Washington contributed to this report.
Global arms spending rises despite economic woes By MALIN RISING, Associated Press Writer – Mon Jun 8, 2:08 pm ET
STOCKHOLM – World governments spent a record $1.46 trillion on upgrading their armed forces last year despite the economic downturn, with China climbing to second place behind top military spender the United States, a Swedish research group said Monday.
Global military spending was 4 percent higher than in 2007 and up 45 percent from a decade ago, the Stockholm International Peace Research Institute, or SIPRI, said in its annual report.So far the global arms industry, booming from the wars in Iraq and Afghanistan and from spending increases by many developing countries, has shown few signs of suffering from the crisis,SIPRI said.However, the report added that arms companies may face reduced demand if governments cut future military spending in response to rising budget deficits. It also noted U.S. arms purchases — by far the highest in the world — were expected to rise less rapidly under President Barack Obama after sharp growth during the Bush administration.U.S. military spending increased nearly 10 percent in 2008 to $607 billion and accounted for about 42 percent of global arms spending, SIPRI said.The U.S. was followed for the first time by China, which increased its military spending by 10 percent to an estimated $84.9 billion, SIPRI said. The report noted that China's military spending is hard to pinpoint because the official defense budget is deemed considerably lower than actual spending by Western defense analysts.SIPRI researcher Sam Perlo-Freeman said China's increased spending doesn't make it the world's second strongest military power because a lot of other countries have been at this game for a lot longer than China.
While they are certainly seeking to increase their regional and global influence ... there is very little evidence of any hostile intent in terms of the region,he added.
The report said China was seeking to equip its armed forces for modern warfare involving the use of precision weapons and high-tech information and communications technology.France narrowly overtook Britain — last year's No. 2 — for third place and Russia climbed to fifth place from seventh in 2007, according to the report.SIPRI said U.S. arms spending increased by 71 percent during George W. Bush's presidency, and clearly made a significant contribution to increasing the U.S. budget deficit.It said the election of Obama gave hope for a sound exit from Iraq, stabilization in Afghanistan, and changes in the way that the U.S. engages with the international community. However, it warned expectations on Obama may be too high, especially when it comes to Afghanistan.Regrettably, Afghanistan's fate over the next few years still looks to be finely balanced. Progress will continue to be slow, flawed and fragile, the report said.SIPRI estimated that there are 8,400 operational nuclear warheads in the world, 2,000 of which are kept on high alert and capable of being launched in minutes. The total number was down from 10,200 a year earlier, primarily due the quick withdrawal of warheads by Russia and the U.S. under limits set by bilateral treaties, the report said.Counting spare warheads, those in storage and those due for dismantlement, there are about 23,300 nuclear weapons held by eight countries — the U.S., Russia, China, Britain, France, India, Pakistan and Israel — SIPRI said.Associated Press Writer Karl Ritter contributed to this report.On the Net:
http://www.sipri.org
Pupils to be taught how to think in GCSE-style course .Teenagers will be awarded the equivalent of a GCSE in thinking under new plans. By Graeme Paton, Education Editor Published: 10:00AM BST 08 Jun 2009
They will be taught the difference between an argument and a rant and how to separate fact from opinion, it was disclosed.Topics covered in the new course - drawn up by one of Britain's biggest exam boards - will include debate over the existence of UFOs, a belief in the after life and arguments for and against euthanasia.In the first move of its kind, the Thinking and Reasoning Skills qualification will be offered next year following claims from universities and employers that young people lack basic skills.Last year, the Confederation of British Industry said an obsession with iPods, mobile phones and the internet meant many computer-savvy teenagers were unable to hold proper conversations and write essays.The OCR exam board said there was massive demand from schools for the new course. But critics say the focus on skills detracts from traditional subjects, such as history, geography and science.
Bernice McCabe, head of fee-paying North London Collegiate School, and director of a charity set up by the Prince of Wales to promote good teaching, said mainstream subjects were no longer fashionable.Nick Gibb, the Conservative shadow schools minister, said: The problem with these skills-based subjects is that pupils can actually miss out on the basic subject knowledge that is particularly important pre-16.
OCR has already introduced an A-level in critical thinking.
Under latest plans, a new Level 2 qualification will enable schoolchildren to gain the equivalent of an A to C grade GCSE in the subject. According to the course syllabus, the qualification will complement mainstream subjects, by allowing pupils to develop a conscious, critical awareness of the full range of skills which together constitute higher forms of thinking.Pupils are expected to develop an understanding of 10 skills, said OCR, including evaluating evidence, decision making, problem solving and creative thinking. Under the heading of understanding arguments, students will learn how to recognise the difference between arguments and rants and lists of information and explanations, as well as identifying indicator words which signal the presence of reasons and conclusions.They will complete exercises based on a series of topical issues. Suggested subjects include the rise of teenage violence, drug and alcohol abuse, genetic engineering, euthanasia, global warming and animal experiments.In one exercise - based on conspiracy theories - students will be asked to debate the existence of UFOs and alien abductions. The course, which is aimed at under-16s, involves around 60 hours of teaching. Students sit two, hour-long written exams and are awarded a distinction, merit or pass.An OCR spokesman said: There is increasing evidence that improving a learner's thinking and reasoning skills has a hugely beneficial effect for their learning in other subjects.
I WRITE NEWS ABOUT AND PUT NEWS ARTICLES ABOUT ISRAEL AND JERUSALEM PERTAINING TO BIBLE PROPHESY HAPPENINGS.JOEL 3:20 But Judah (ISRAEL) shall dwell for ever, and Jerusalem from generation to generation.(THATS ISRAEL-JERUSALEM WILL NEVER BE DESTROYED AGAIN)-WE CHRISTIANS ARE ALL WAITING PATIENTLY FOR THE PRE-TRIBULATION RAPTURE TO OCCUR.SO WE CAN GO TO JESUS AND GET OUR NEVER DYING BODIES.SO WE CAN RULE OVER CITIES OURSELVES.WHILE JESUS RULES FROM DAVIDS THRONE FOREVER IN JERUSALEM.
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