HATE BILL PASSES-ANOTHER FREEDOM GONE

SENATORS OF CONGRESS
http://www.downsizedc.org/etp/campaigns/112
http://senate.gov/general/contact_information/senators_cfm.cfm
http://www.opencongress.org/committee/show/146
RON PAUL ON AUDIT THE FED
http://www.youtube.com/watch?v=RYiHE35kCQI&feature=player_embedded
AUDIT THE FED NOW
http://www.youtube.com/watch?v=ZLGWIrBZCvY (Ron Paul)
Part 2: http://www.youtube.com/watch?v=7l-sohwJ-98 (Ron Paul)
Part 3: http://www.youtube.com/watch?v=iCs7eWKMltM
Part 4: http://www.youtube.com/watch?v=x8mBbPI7jDw
Part 5: http://www.youtube.com/watch?v=vdEd-30aovE
Part 6: http://www.youtube.com/watch?v=iXDsMDBIxiw

AUDIT THE FED HAS 271 HOUSE AND 13 SENATORS SIGNED UP AS OF THURSDAY.

Ron Paul’s Bill To Audit The Federal Reserve Now Has 271 Co-Sponsors
By tmartin • July 17, 2009

Ron Paul’s bill to audit the Federal Reserve (HR 1207) now has 271 co-sponsors, and the numbers keep growing! This is history in the making, and victory is within reach. Imagine what will happen if HR 1207, The Federal Reserve Transparency Act, comes up for vote in Congress! With more than 50% of the House of Representatives already co-sponsoring this bill, it has real potential to pass — BUT only if we educate and rally the people to support it and get our Congresspeople to put it to vote and pass it.

Step 1: Your Representative
If your representative is not on the following list of HR 1207 co-sponsors, call their offices, write to them, email them, etc. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.

Capitol Switchboard: (202) 224-3121

Step 2: Financial Services Committee
HR 1207 is now in the House Committee on Financial Services. This is THE MOST IMPORTANT STEP in this legislation! If it doesn’t get out of committee it will not come to a vote! There are 71 members on this committee and they are all listed below.

We need to let all members of the House Committee on Financial Services know that we want them to allow full House consideration of HR 1207 so it can move forward; we need them to support this. Now is the time.Call their offices, write to them, email them, etc. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.

Help with this all important public outreach. NOW REALLY IS THE TIME!
Here’s a sample letter you can use:

Dear Representative,

Please co-sponsor and/or support H.R.1207, an effort to audit the Federal Reserve.

Recently, it has come to light that there is little to no accountability to the people on the part of the Federal Reserve. While the citizens of this country are required by law to give an accounting of every penny they come in contact with, the Federal Reserve has never been held to the same standard. During this time of extreme economic crisis, the people deserve an accounting of where our money is going.

Currently there are 271 co-sponsors for this legislation, and it is enjoying bi-partisan support. Your efforts in supporting this important legislation would go a long way in proving to your constituents that you not only hold the Federal Reserve to the same standard as you do your constituents, but it would also show that you believe in transparency. Anything less than support for this resolution suggests that you are in favor of secrecy and a lack of accountability to the people who pay the bills. We pay the tab; we have a right to know where our money is going.Unlike recent bills that you voted in favor of that had hundreds of pages and just a few hours to read, this bill can be read in under 5 minutes. I encourage you to take the time to read it, and then move to support it.Thank you in advance for your attention on this important legislation. I have every expectation that you will do right by your constituents and support this measure.

Sincerely,

Step 3: The People
Tell everyone you know about HR 1207 and ask them to support it and to contact their representative as well. Link to this page and to CampaignForLiberty.com.This initiative is crucial and we need to redouble our efforts to get HR 1207 passed.

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.

Dolores weakens to storm remnant in Pacific AccuWeather Thu Jul 16, 10:40 pm ET

MIAMI – Forecasters say Dolores has weakened from a tropical depression to just a storm remnant over the Pacific Ocean and is expected to dissipate even more.

Forecasters at the National Hurricane Center in Miami said Thursday night that Dolores was about 940 miles west-southwest of the southern tip of Mexico's Baja California. Maximum winds were at about 30 mph with higher gusts.

Storm lashes Philippine capital: officials Fri Jul 17, 2:47 am ET

MANILA (AFP) – Overnight storms brought havoc to the Philippine capital, causing widespread flooding and forcing schools, offices and the country's stock exchange to close, officials have said.Heavy overnight rains forced all government offices to close and the suspension of elementary and high school classes in the capital and surrounding districts.The Philippine Stock Exchange suspended operations mid-morning due to lack of clearing facilities,as the central bank had curtailed its activities because of the weather.The government urged private businesses to also close for the day.Manila pedestrians were seen wading to work knee-deep in dirty brown water.

Floods in metropolitan Manila can rise swiftly but can also subside quickly so it is hard to say how long these floods will last,said Relan Asuncion, head of a team monitoring the storm's effects.The tropical storm off the north of Luzon island was reported to be packing maximum winds of 85 kilometres (53 miles) per hour at its centre, with gusts of 100 kilometres.It was expected to have hit the northern tip of the northern province of Cagayan by midday (0400 GMT) Friday, the weather bureau said.

It was moving northwest at 15 kilometres per hour and was expected to move out to the South China Sea by Saturday.Residents in low-lying areas were warned to be on alert for flash floods and landslides, the civil defence office said.Most of the northern Philippines was on the second level of the country's three-stage storm alert system, while provinces just north of Manila were on the lowest warning level.

EARTHQUAKES

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

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.

Tsunami warnings canceled after 7.8 quake off NZ Wed Jul 15, 6:46 pm ET

WELLINGTON, New Zealand – Water pipes were broken and fallen power lines lay on the ground Thursday in Invercargill, the southern New Zealand city closest to an earthquake that struck off the coast the night before.Prime Minister John Key was due to fly to Invercargill later Thursday on a previously scheduled visit.All the feedback we've had so far is while it's been a large quake, certainly at this point no reported loss of life which is fantastic, and no great reports of damage, Key told Radio New Zealand.The 7.8-magnitude earthquake struck off New Zealand's western coast Wednesday, generating a small tsunami. No injuries or major damage were reported.The Pacific Tsunami Warning Center in Hawaii warned that a tsunami was generated, but it later said the waves were less than 8 inches (20 centimeters) in height and the warning was canceled after about an hour.The Joint Australian Tsunami Warning Centre also issued a tsunami alert for eastern Australia that was canceled overnight.The quake's epicenter was 100 miles (161 kilometers) west of Invercargill, off the west coast of New Zealand's South Island at a depth of 21 miles (33 kilometers), the U.S. Geological Survey said. It hit at 0922 GMT on Wednesday.

Civil defense officials in Invercargill said phone services were disrupted in some parts of the city, water pipes had broken and power lines had been brought down but damage appeared to be minor. More reports were expected when buildings were surveyed in daylight.The quake was felt widely across the South Island. Police in the town of Tuatapere said they had reports of minor cracks in buildings and stock falling from supermarket shelves.However, no reports of serious damage or injuries were received, police said.GNS Science geologist Bill Fry said the largest danger might be from landslides but noted that the Fiordland and Southland regions were sparsely populated, which reduced the risk of casualties.The shallower an earthquake is, the more shaking there's going to be and this was quite shallow,he said.Scientists with New Zealand's Institute of Geological and Nuclear Sciences were working with their U.S. counterparts late Wednesday to reconcile their readings with those taken overseas. The quake was reported locally at 6.6 magnitude before reports from the U.S. listed it at 7.8 magnitude and as high as 8.2.Scientists in New Zealand reported aftershocks, the first of 6.1 magnitude occurring 19 minutes after the main temblor.

New Zealand sits above an area of the Earth's crust where the Pacific and Australian tectonic plates collide and records more than 14,000 earthquakes a year, though only about 150 are felt by residents. Fewer than 10 temblors a year do any damage.On the Net:The Joint Australian Tsunami Warning Centre: http://www.bom.gov.au/tsunami/national.shtml U.S. Geological Survey: http://earthquake.usgs.gov/eqcenter/recenteqsww/

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).

Brussels hails Iceland's decision on EU bid
LUCIA KUBOSOVA Today JULY 17,09 @ 07:56 CET

Brussels has hailed the decision by the Icelandic parliament to give the go ahead to talks on joining the EU, suggesting it is proof of the vitality of the European project.Iceland's legislature, the 63-seat Althingi, passed the proposal to start the EU accession process by a narrow majority of 33 votes to 28, with two abstentions, on Thursday (16 July).Supporters of the move argued EU membership would help the island, with a population of 320,000, emerge more quickly from the global financial and economic crisis which devastated the countries' banks last year.Opponents of the EU said membership would harm the country's sovereignty as well as its fishing industry by introducing binding quotas, the two arguments that in the past dominated the EU debate in Iceland and prevented any attempts to join Europe.European Commission president Jose Manuel Barroso welcomed Thursday's move by Icelandic MPs and pointed out that Iceland is a European country with long and deep democratic roots.The decision of the Icelandic parliament is a sign of the vitality of the European project and indicative of the hope that Europe represents,Mr Barroso said in a written reaction to the developments in Reykjavik.Swedish prime minister Fredrik Reinfeldt, whose country currently chairs the 27-member bloc, said he welcomed Iceland's application and said it will be assessed in accordance with the EU's established procedures.It is expected that Reykjavik will formally submit its EU membership application to a foreign ministers' meeting in Brussels on 27 July.

Under EU rules, any European democratic country which respects the rule of law, democracy and human rights can become a member of the Union. Entry must be unanimously agreed by all member states.Although Iceland meets the EU's political criteria of a modern democracy and it has implemented around two thirds its rules through being a member of European Economic Area (EEA), tough negotiations are expected on fishing rights. Fisheries is not covered by the EEA.We would no longer be the lawmakers on how we run our fishing industry. This is the key element for us. And we just don't see any need for an application when you know what the outcome is going to be,said Sigurdur Sverrisson from the Federation of Icelandic Fishing Vessel Owners, reports Deutsche Welle.Icelanders will have final say on EU membership once negotiations are finished.Arni Thor Sigurdsson, the chairman of Iceland's EU affairs parliamentary committee, said negotiations could kick off in February next year, with a referendum on the EU membership to be possibly held in late 2011 or early 2012, Reuters reported.Iceland could be ready to join the EU in 2013 at the earliest, Mr Sigurdsson told the agency.

PERSECUSSION,BEHEADINGS

JESUS PERSECUTED BIGTIME

PSALMS 14:1
1 The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good.

ISAIAH 53:4
4 Surely he hath borne our griefs, and carried our sorrows: yet we did esteem him stricken, smitten of God, and afflicted.

MATTHEW 9:34
34 But the Pharisees said, He casteth out devils through the prince of the devils.

JOHN 8:41
41 Ye do the deeds of your father. Then said they to him, We be not born of fornication; we have one Father, even God.

JOHN 10:20
20 And many of them said, He hath a devil, and is mad; why hear ye him?

PHILIPPIANS 2:10-11(JESUS GETS REVENGE)
10 That at the name of Jesus every knee should bow, of things in heaven, and things in earth, and things under the earth;
11 And that every tongue should confess that Jesus Christ is Lord, to the glory of God the Father.(JUDGEMENT SEAT OF CHRIST AND FOR SINNERS, THE GREAT WHITE THRONE FINAL JUDGEMENT).

WE ARE CHRISTIANS WE WILL BE TREATED THE SAME.

2 TIMOTHY 3:1-5 (WHY WE ARE PERSECUTED BY THE WORLD)
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good,
4 Traitors, heady, highminded, lovers of pleasures more than lovers of God;
5 Having a form of godliness, but denying the power thereof: from such turn away.

MATTHEW 5:10-12
10 Blessed are they which are persecuted for righteousness’ sake: for theirs is the kingdom of heaven.
11 Blessed are ye, when men shall revile you, and persecute you, and shall say all manner of evil against you falsely, for my sake.
12 Rejoice, and be exceeding glad: for great is your reward in heaven: for so persecuted they the prophets which were before you.

MATTHEW 24:9
9 Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name’s sake.

JOHN 15:18-20
18 If the world hate you, ye know that it hated me (JESUS) before it hated you.
19 If ye were of the world, the world would love his own: but because ye are not of the world, but I have chosen you out of the world, therefore the world hateth you.
20 Remember the word that I said unto you, The servant is not greater than his lord. If they have persecuted me, they will also persecute you; if they have kept my saying, they will keep yours also.

REVELATION 6:9-11
9 And when he had opened the fifth seal, I saw under the altar the souls of them that were slain(BEHEADED) for the word of God, and for the testimony which they held:
10 And they cried with a loud voice, saying, How long, O Lord, holy and true, dost thou not judge and avenge our blood on them that dwell on the earth?
11 And white robes were given unto every one of them; and it was said unto them, that they should rest yet for a little season, until their fellowservants also and their brethren, that should be killed as they were, should be fulfilled.

REVELATION 20:4
4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.

LISTEN TO LAST HOUR OF SHOW ON GOVERNMENT NWO WANT TO MURDER US WITH VACCINES
http://rss.nfowars.net/20090716_Thu_Alex.mp3

Senate Passes Hate Bill, Yet Democrats Compromise
Rev. Ted Pike Truth Tellers Friday, July 17, 2009

Sen. Patrick Leahy’s hate crimes bill, amending the National Defense Authorization Act, effectively passed the Senate tonight at about eleven o’clock p.m. EDT. A call for cloture, or termination of debate after thirty hours, was passed 63 to 28. Clearly, the Senate majority had spoken. Once cloture is invoked there is usually little more that can be done to resist.There was no floor debate. A complete end run had been done around adequate Senate hearings, a Mark-up session and Rules Committee debate. Total Senate debate of the hate bill amounted to little more than a brief kangaroo hearing in the Senate Judiciary Committee several weeks ago. Witnesses, which included Attorney General Eric Holder were stacked 4 to 2 against conservatives.

Passage occurred despite massive protest from the Christian/conservative right (even more than yesterday) with only the very smallest percentage of calls today in favor of the hate bill.

Yet Protest Made a Difference

Earlier Thursday evening the Senate finally assembled a quorum and voted down, 62 to 29, Sen. Hatch’s amendment. It would require the federal government to conduct a study to determine if the states are not enforcing the law against violent hate crimes. Citing Attorney General Eric Holder’s recent testimony in Judiciary, Hatch confirmed that states are already doing a good job.Then Senator Sam Brownback submitted an amendment which would include in the hate bill the most specific statement (part of the Religious Freedom Act, passed in 1993 by Congress 97-3) that only speech that threatens imminent incitement of violence will be punishable under the hate bill. Speech that falls short of such actual incitement will be protected.
Sen. Leahy earlier said he had no problem with inclusion of Brownback’s amendment. Although he voted against it, the amendment passed overwhelmingly 78-13. Approval of Brownback’s amendment is a great victory, testimony to the pressure put on liberals even in the past two days. Most Senate Democrats were clearly eager to mollify, to some degree, the overwhelming anger at the hate bill from their constituents this week. Their House counterparts, under far less pressure eleven weeks ago, would never have made such a concession.Inclusion of Brownback’s amendment should help safeguard free speech from the pulpit or airwaves, except in the cases of the most blatant, immediate incitement to violence. It helps neutralize the extremely threatening language of the 1968 hate crimes law, Title 18, sec. 2A, which says if anyone induces,through speech, commission of a violent hate crime the speaker will be tried as a principal alongside the active offender in federal court.S. 909 remains a massive invasion of state’s rights in law enforcement in violation of the 10th Amendment. It violates the 14th Amendment by exalting certain groups, including homosexual pedophiles, above the majority. But, thanks to massive pressure on liberal Senators, especially during the last two days, and the initiative of Sen. Brownback, at least the 1st Amendment may not be as imminently threatened as before.

ROMANS 13:1-14
1 Let every soul be subject unto the higher powers. For there is no power but of God: the powers that be are ordained of God.
2 Whosoever therefore resisteth the power, resisteth the ordinance of God: and they that resist shall receive to themselves damnation.
3 For rulers are not a terror to good works, but to the evil. Wilt thou then not be afraid of the power? do that which is good, and thou shalt have praise of the same:
4 For he is the minister of God to thee for good. But if thou do that which is evil, be afraid; for he beareth not the sword in vain: for he is the minister of God, a revenger to execute wrath upon him that doeth evil.
5 Wherefore ye must needs be subject, not only for wrath, but also for conscience sake.
6 For for this cause pay ye tribute also: for they are God’s ministers, attending continually upon this very thing.
7 Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.
8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.
9 For this, Thou shalt not commit adultery, Thou shalt not kill, Thou shalt not steal, Thou shalt not bear false witness, Thou shalt not covet; and if there be any other commandment, it is briefly comprehended in this saying, namely, Thou shalt love thy neighbour as thyself.
10 Love worketh no ill to his neighbour: therefore love is the fulfilling of the law.
11 And that, knowing the time, that now it is high time to awake out of sleep: for now is our salvation nearer than when we believed.
12 The night is far spent, the day is at hand: let us therefore cast off the works of darkness, and let us put on the armour of light.
13 Let us walk honestly, as in the day; not in rioting and drunkenness, not in chambering and wantonness, not in strife and envying.
14 But put ye on the Lord Jesus Christ, and make not provision for the flesh, to fulfil the lusts thereof.

THE FALSE PREACHERS ALIGNED WITH THE NEW WORLD ORDER NUTCASES ARE TRYING TO CONVINCE CHRISTIANS BY USING ROMANS 13 THAT NOT TO REBELL AGAINST THE NEW WORLD ORDER.THIS IS HOGWASH-JESUS DIED FOR US FOR JUSTICE AND TRUTH NOT THE NEW WORLD ORDER NUTCASES TRYING TO CONTROL EVERYTHING WE SAY AND DO.WE ARE SUPPOSE TO PRAY THAT WE WILL HAVE GODLY LEADERS IN GOVERNMENT THAT WILL GO BY GODS(JESUS)LAWS OF TRUTH AND RIGHTOUSNESS NOT LAWLESSNESS LIKE TODAYS FALSE DEMONIC GOVERNMENT LEADERS WORLDWIDE ARE DOING.THESE LEADERS HATE US ALL AND WANT 2/3RDS OF US KILLED,THATS 4 BILLION PEOPLE THESE DEMONIC INSPIRED LEADERS WANT KILLED.

Romans Chapter 13 Revisited Chuck Baldwin
Campaign For Liberty Friday, July 17, 2009

It seems that every time someone such as myself attempts to encourage our Christian brothers and sisters to resist an unconstitutional or otherwise reprehensible government policy, we hear the retort, What about Romans Chapter 13? We Christians must submit to government. Any government. Read your Bible, and leave me alone. Or words to that effect.No doubt, some who use this argument are sincere. They are only repeating what they have heard their pastor and other religious leaders say. On the other hand, let’s be honest enough to admit that some who use this argument are just plain lazy, apathetic, and indifferent. And Romans 13 is their escape from responsibility. I suspect this is the much larger group, by the way.Nevertheless, for the benefit of those who are sincere (but obviously misinformed), let’s briefly examine Romans Chapter 13. I quote Romans Chapter 13, verses 1 through 7, from the Authorized King James text:Let every soul be subject unto the higher powers. For there is no power but of God: the powers that be are ordained of God. Whosoever therefore resisteth the power, resisteth the ordinance of God: and they that resist shall receive to themselves damnation. For rulers are not a terror to good works, but to the evil. Wilt thou then not be afraid of the power? do that which is good, and thou shalt have praise of the same: For he is the minister of God to thee for good. But if thou do that which is evil, be afraid; for he beareth not the sword in vain: for he is the minister of God, a revenger to execute wrath upon him that doeth evil. Wherefore ye must needs be subject, not only for wrath, but also for conscience sake. For this cause pay ye tribute also: for they are God’s ministers, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.

Do our Christian friends who use these verses to teach that we should not oppose America’s political leaders really believe that civil magistrates have unlimited authority to do anything they want without opposition? I doubt whether they truly believe that.For example, what if our President decided to resurrect the old monarchal custom of Jus Primae Noctis (Law of First Night)? That was the old medieval custom when the king claimed the right to sleep with a subject’s bride on the first night of their marriage. Would our sincere Christian brethren sheepishly say,Romans Chapter 13 says we must submit to the government? I think not. And would any of us respect any man who would submit to such a law? So, there are limits to authority. A father has authority in his home, but does this give him power to abuse his wife and children? Of course not. An employer has authority on the job, but does this give him power to control the private lives of his employees? No. A pastor has overseer authority in the church, but does this give him power to tell employers in his church how to run their businesses? Of course not. All human authority is limited in nature. No man has unlimited authority over the lives of other men. (Lordship and Sovereignty is the exclusive domain of Jesus Christ.)By the same token, a civil magistrate has authority in civil matters, but his authority is limited and defined. Observe that Romans Chapter 13 clearly limits the authority of civil government by strictly defining its purpose: For rulers are not a terror to good works, but to the evil . . . For he is the minister of God to thee for good . . . for he is the minister of God, a revenger to execute wrath upon him that doeth evil.Notice that civil government must not be a terror to good works. It has no power or authority to terrorize good works or good people. God never gave it that authority. And any government that oversteps that divine boundary has no divine authority or protection. This is a basic principle of Natural Law (and all of America’s legal documents–including the U.S. Constitution–are founded upon the God-ordained principles of Natural Law).

The apostle clearly states that civil government is a minister of God to thee for good.It is a not a minister of God for evil. Civil magistrates have a divine duty to execute wrath upon him that doeth evil.They have no authority to execute wrath upon him that doeth good. None. Zilch. Zero. And anyone who says they do is lying. So, even in the midst of telling Christians to submit to civil authority, Romans Chapter 13 limits the power and reach of civil authority.Did Moses violate God’s principle of submission to authority when he killed the Egyptian taskmaster in defense of his fellow Hebrew? Did Elijah violate God’s principle of submission to authority when he openly challenged Ahab and Jezebel? Did David violate God’s principle of submission to authority when he refused to surrender to Saul’s troops? Did Daniel violate God’s principle of submission to authority when he disobeyed the king’s command to not pray audibly to God? Did the three Hebrew children violate God’s principle of submission to authority when they refused to bow to the image of the state? Did John the Baptist violate God’s principle of submission to authority when he publicly scolded King Herod for his infidelity? Did Simon Peter and the other Apostles violate God’s principle of submission to authority when they refused to stop preaching on the streets of Jerusalem? Did Paul violate God’s principle of submission to authority when he refused to obey those authorities who demanded that he abandon his missionary work? In fact, Paul spent almost as much time in jail as he did out of jail.Remember that every apostle of Christ (except John) was killed by hostile civil authorities opposed to their endeavors. Christians throughout church history were imprisoned, tortured, or killed by civil authorities of all stripes for refusing to submit to their various laws and prohibitions. Did all of these Christian martyrs violate God’s principle of submission to authority? So, even the great prophets, apostles, and writers of the Bible (including the writer of Romans Chapter 13) understood that human authority–even civil authority–is limited.Plus, Paul makes it clear that our submission to civil authority must be predicated on more than fear of governmental retaliation. Notice, he said, Wherefore ye must needs be subject, not only for wrath, but also for conscience sake.Meaning, our obedience to civil authority is more than just because they said so.It is also a matter of conscience. This means we must think and reason for ourselves regarding the justness and rightness of our government’s laws. Obedience is not automatic or robotic. It is a result of both rational deliberation and moral approbation.Therefore, there are times when civil authority may need to be resisted. Either governmental abuse of power or the violation of conscience (or both) could precipitate civil disobedience. Of course, how and when we decide to resist civil authority is an entirely separate issue. And I will reserve that discussion for another time.

Beyond that, we in the United States of America do not live under a monarchy. We have no king. There is no single governing official in this country. America’s supreme Law does not rest with any man or any group of men. America’s supreme Law does not rest with the President, the Congress, or even the Supreme Court. In America, the U.S. Constitution is the supreme Law of the Land. Under our laws, every governing official publicly promises to submit to the Constitution of the United States. Do readers understand the significance of this distinction? I hope so.This means that, in America, the higher powers are not the men who occupy elected office; they are the tenets and principles set forth in the U.S. Constitution. Under our laws and form of government, it is the duty of every citizen, including our elected officials, to obey the U.S. Constitution. Therefore, this is how Romans Chapter 13 reads to Americans:

Let every soul be subject unto the [U.S. Constitution.] For there is no [Constitution] but of God: the [Constitution] that be [is] ordained of God. Whosoever therefore resisteth the [Constitution], resisteth the ordinance of God: and they that resist shall receive to themselves damnation. For [the Constitution is] not a terror to good works, but to the evil. Wilt thou then not be afraid of the [Constitution]? do that which is good, and thou shalt have praise of the same: For [the Constitution] is the minister of God to thee for good. But if thou do that which is evil, be afraid; for [the Constitution] beareth not the sword in vain: for [the Constitution] is the minister of God, a revenger to execute wrath upon him that doeth evil. Wherefore ye must needs be subject, not only for wrath, but also for conscience sake. For this cause pay ye tribute also: for [the Constitution is] God’s minister, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.Dear Christian friend, the above is exactly the proper understanding of our responsibility to civil authority in these United States, according to the teaching of Romans Chapter 13.Furthermore, Christians, above all people, should desire that their elected representatives submit to the Constitution, because it is constitutional government that has done more to protect Christian liberty than any other governing document ever devised by man. As I have noted before in this column, Biblical principles and Natural Law form the foundation of all three of America’s founding documents: the Declaration of Independence, the U.S. Constitution, and the Bill of Rights.(See: http://www.chuckbaldwinlive.com/c2005/cbarchive_20050630.html)

As a result, Christians in America (for the most part) have not had to face the painful decision to obey God rather than men and defy their civil authorities.The problem in America today is that we have allowed our political leaders to violate their oaths of office and to ignore–and blatantly disobey–the supreme Law of the Land,the U.S. Constitution. Therefore, if we truly believe Romans Chapter 13, we will insist and demand that our civil magistrates submit to the U.S. Constitution.Now, how many of us Christians are going to truly obey Romans Chapter 13?

Times Online Editor: We Didn’t Censor Opposition to Mandatory Vaccination Comments Infowars July 17, 2009

On July 16, Paul Joseph Watson wrote an article for Prison Planet reporting on the disappearance of comments on the Times Online website. Many of the comments expressed strong opposition to the prospect of mandatory vaccinations by the British government.

On Wednesday 15th July, starting at around 10:30 BST, we started work implementing a completely new comments system on Times Online,Tom Whitwell, editor of the Times Online, wrote in an email sent to Infowars.The new comment system overwrote the old comments system. We didn’t censor this article, we removed all old comments from the site.Mr. Whitwell asked Infowars and Prison Planet to pass on my apologies to any of your readers who commented and saw their comments disappear.I revisited the article entitled Swine flu vaccine rushed through safety checks’ on the times website, to see if, as I had a suspicion, the comments would be censored as they were predominantly decrying the vaccine,a Prison Planet reader wrote after the comments disappeared. Lo and behold, they have all disappeared, and furthermore I noticed the commenting system is now setup so you must register to comment, whereas before it was open to anyone who simply supplied an email address. No doubt this is to discourage anonymous posts, however the registration does of course allow you to type a false name.The Times article, authored by David Rose and sans the original comments, can be viewed here. The article states that upward to 20 million Britons could be subjected to the vaccine later this year.On July 12, Watson wrote an article entitled Brits Tell Goons With Needles To Stick It Where The Sun Don’t Shine. Respondents to a London Times article concerning the fact that the vaccine will be rushed through safety procedures in just five days, increasing the chances of it causing deaths and injuries in the thousands, as happened with the 1977 mass vaccination program in the U.S. which killed more people than the actual swine flu virus, overwhelmingly indicated that they would refuse to take the shot,he wrote.

HEALTHCARE BILL OUTLAW PRIVATE HEALTH INSURANCE
http://www.wnd.com/index.php?fa=PAGE.view&pageId=104161

A Philosophical Argument against Forced Vaccination John Burke Infowars July 16, 2009 Note: This essay deals only with the philosophical argument against forced vaccination by the state.

A few years ago I entered into a discussion with a close friend regarding vaccination. This person stated that their child was not up to date with state recommended vaccinations and was debating internally whether or not she felt they were necessary. Without being asked my opinion, my reaction was quite strong in favor of vaccination and I made common claims that vaccinations were for the common social good and that we all had to do our part for society. Days later I thought back on the encounter and was surprised at how undiplomatically I pursued this argument. I had never researched vaccines, the potential health benefits or risks, or sought information from a variety of sources as one would commonly do before making an argument on any important subject. Regardless of our differing opinions I was only able to bring to the discussion force to try to convince her of my opinion – I offered no information, cited no facts or statistics in my debate – the apparent will of the people which my ignorance represented was argument enough. Was this enough to base a decision on concerning the health and well-being of a child? No well researched, honest nurse, doctor, or even bureaucrat would deny the risk involved in vaccinations.In 2006 I found out that I was going to be a father. A close friend of mine suggested I do some research on vaccines and sent me information from a variety of sources. At the time I was sure vaccination was the route to go, despite the fact I still had no solid information, facts or research to base my opinion on – only the widely accepted idea that vaccines were responsible for ridding western society from small pox, polio as well as many other diseases and that any child without his shots was a threat to the health of all of us and furthermore that the parent was being irresponsible. These ideas were backed up by the media and rest of society. But I became utterly consumed with the topic, buying many books, watching documentaries, listening to lectures, looking at University studies and reading articles from many countries. It is safe to say I spent hundreds of hours on the subject looking at information from a vast array of sources – pro & con vaccine.Needless to say when I really dove into the subject, I was alarmed at the amount of conventional medical history and government statistics that showed both the ineffectiveness and oftentimes outright harm that vaccinations could cause. As a member of society that deemed all children without shots as somehow a threat to its well being, and would bar them from the school yard as well as brand any parent who did not agree with them a heretic, I’d never been offered contrary information about the effectiveness of shots by primary education or the media who advocate them. What about the other side? Did I not deserve the best information with which to make an informed decision by?

In my basic understanding from school or mainstream media such as TV, I’d been taught about the miracle findings of Jonas Salk & Albert Sabin with their polio cures – but had I been taught about SV-40? No. SV-40 is the 40th simian virus which was discovered in the monkey kidneys used to manufacture the polio vaccine (yes most vaccines are from monkey, chicken or bovine organs or tissue). For a period of years and debatably decades until the 1990’s, polio vaccines were administered by law (and thereby force) that at the time unknowingly contained SV-40 to millions of people. SV-40 undoubtedly causes cancer in many animals, and many controversial studies have shown it does the same in humans. Was I given this information? No. Was I taught about contraindications? No. Contraindications are health concerns such as family history of autoimmune or neurological disorders, allergies that conflict with vaccines and can cause minor or major reactions. With a family history of severe autoimmune disorders and an undiagnosed neurological episode of my own as a teenager this information could be critical to me. Why was I not taught to protect myself or to research to find my own opinion at least? It should be noted that more research is needed to discover why these contraindications cause such severe health problems – the simple fact is that as much as doctors know, they do not know everything and more research is needed. Again this essay is not dealing with medical arguments against vaccination – I am raising such issues to show that the medical community is by no means all-knowing and that common means by which we receive information rarely show us enough to make an informed decision. These decisions require much research and careful thought if they are to be made well. The medical opinions and advances of one generation that are hailed as miracles are always surely to be laughed at by the next. Common use of asbestos and lead – both deemed safe by the medical community at the time by the prestigious Melon Institute, or Lipitor and Vioxx in recent years are proof of this. As much as they do not wish to believe – those who put their faith into science alone and not the full scope of reason are using just that – faith – which those same scientists may consider absent of reason. Science is ever changing and evolving and we should consider this when making important decisions about our health – especially if these decisions are imposed by law, and thereby force.Social good or will of the people – what do these terms mean? With reference to vaccinations these mean the submission as free individuals of our bodies and minds and those of our children to vaccination by the whim of the state for the good of the collective. This idea tells us we should discard personal research or the ability of the individual to reason for these are less noble than the collective and are a potential threat to society. What is the limit of this philosophy? How far could it be used to suppress the power of the individual? When does the collective decide to stop imposing this submission? Can it? The collective does not think, it does not reason or research. Who influences the collective? Where is the room for the individual to plead his case to it? What about to the government body that forms these laws? If these laws are for social good why must they come at the expense of the power of the individuals mind to reason what is best for itself? Why is using the mind to ones own benefit for personal health punishable by the state? In a country such as ours whose forefathers fled tyranny and set up a government based on the promise to the individual of life, liberty and the pursuit of happiness is it possible to be free if you don’t have control over something as basic as what enters your body? Submission to a government and to a collective for the benefit of social good is a direct conflict with the principles of liberty that separated America from other nations and allowed for greatness.It is quite acceptable for a woman to have an abortion in America and while I recognize this subject is taboo and am not going to make an argument for or against abortion I’m going to use it to make a point. If that makes you uncomfortable, ask yourself why and question your beliefs (on either side). It is common belief that a woman has a right to an abortion because the child is her body. It would be entirely unacceptable for a woman to be kept from an abortion or forced into one because this would be an infringement on her right to choose for her own body. Yet that same woman must by law submit her body and her child’s body to an ever increasing list of vaccinations that can cause serious short and long term health risks or in rare cases death. Given this conflict presented by current laws does the woman have an absolute right to decide what’s best for her body? No she does not. This shows the ineptness and unprincipled tinkering of our lawmakers and the often arbitrary thinking of the collective as well. Whether you believe in abortion or oppose it, believe in vaccination or oppose it, it is quite obvious that there is not by law a clear definition of the right of the individual to ownership of his or her body. Lease is a better word, granted by the state. And since children are not responsible for themselves, it could be said their bodies are leased to parents by the state as well with a strict set of guidelines to be followed, punishable by force. By what right do they claim this ownership? The collective also seems quite willing to support its beliefs even if on the sole basis that vaccination is in certain cases required by law. It does not seem to question the laws or the body imposing these laws and its role or effectiveness (or lack thereof). Are we to believe the same government that has broken its own constitutional laws with aggressive wars on false pretenses is without error in regards to our health? Even the most ardent war supporters would admit Rumsfeld’s blunders in this area. Should we submit our ability to reason to a government that has plunged our nation into 60 billion dollars in debt with total unfunded obligations? Can a government capable of such an economic failure be without error in the case of vaccinations? Are we to believe these laws are not merely to benefit the products of the vaccine makers who spend millions lobbying in Washington; products that are sometimes mandatory and through government enabled monopoly are often unimproved for decades as in the case of DPT? Are we to believe a group of bureaucrats with a history of failures are without fault in determining 100% what is best for our bodies, regardless of how just the laws are? Is this a system to rest our faith and the health of our children on?

No well researched, honest nurse, doctor, or even bureaucrat would deny the risk involved in vaccinations especially since the Vaccine Injury Compensation Fund has awarded over a billion dollars to families of children harmed by vaccinations since it was started in 1988. In light of this and the principles of liberty this nation was founded on, we should be free to decline and make decisions as we see fit without having to navigate difficult unjust laws. Instead we are forced to hand responsibility over to our doctors and government who don’t have to live with the consequences or raise disabled children. Their only answer is to hand us money as an apology for their bad policy, as if that is adequate compensation for any physical or mental injuries as well as the submission of our bodies, our minds ability to reason, and our rights as free individuals.

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.

Israeli warships rehearse for Iran attack in Red Sea,Israeli warships have deployed to the Red Sea for what has been described as a rehearsal for a possible attack on Iran.By Our Foreign Staff Published: 2:20PM BST 16 Jul 2009

Israeli and Egyptian officials said two ships had sailed through the Suez Canal into the Red Sea. Media reports in Israel said the two Saar-class missile ships had been sent as a message to the Tehran government, which has repeatedly issued threats against Israel and is developing nuclear technology believed by the West to be intended for atomic weapons programme. Israel has also deployed a submarine using the Suez Canal, but it has since returned to the Mediterranean. Defence experts in Israel said this week that the naval activity had been publicised with the intent of sending a message to Iran.The Israeli government has reserved the right to carry out a first strike on Iran's nuclear facilities if the country continues to defy the international community and spreads instability in the Middle East.Israel also accuses Iran of sponsoring the Hizbollah movement in Lebanon and Hamas in Gaza.

NUCLEAR WAR-FEAR Netanyahu tight-lipped about imminent Iran attack
Israeli warships cross Red Sea in apparent signal to Tehran July 16, 2009
12:21 pm Eastern By Aaron Klein 2009 WorldNetDaily

Israeli Prime Minister Benjamin Netanyahu
JERUSALEM – Prime Minister Benjamin Netanyahu's office refused to respond to a report today purporting to quote an Israeli defense official stating the recent deployment of warships across the Red Sea should be seen as serious preparation for an attack on Iran.It is not our policy to comment on such reports,Mark Regev, Netanyahu's spokesman, told WND.Earlier this week, two Israel Navy gunboats openly sailed through the Suez Canal into the Red Sea with permission from Egypt. This is preparation that should be taken seriously. Israel is investing time in preparing itself for the complexity of an attack on Iran. These maneuvers are a message to Iran that Israel will follow up on its threats,the Times of London today quoted what it said was an Israeli defense official as saying. The warship movements follow the passage last month of an Israeli Dolphin-class submarine through the canal, later returning the same way.According to Israeli defense officials speaking to WND, the Dolphin was carrying out test drills. The officials said the submarine passed through the canal with permission from Egypt, even though the Egyptian government denied any permission was granted.The Times today quoted an Israeli diplomat explaining the Jewish state has been bolstering its ties with certain Arab nations that are also threatened by Iran. The diplomat cited a shared mutual distrust of Iran between Israel and Egypt.

In a report denied by Netanyahu's office, the Times of London two weeks ago claimed Saudi Arabia would turn a blind eye to Israeli warplanes flying over the kingdom in any raid on Iran's nuclear sites. The Times said Mossad director Meir Dagan had held secret talks with Saudi officials to discuss the possibility.The Saudis have tacitly agreed to the Israeli air force flying through their airspace on a mission which is supposed to be in the common interests of Israel and Saudi Arabia,the newspaper quoted a diplomatic source as saying.

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 FRI JULY 17,2009

09:30 AM -1.91
10:00 AM -5.02
10:30 AM +12.47
11:00 AM -4.24
11:30 AM +1.89
12:00 PM -10.09
12:30 PM -1.89
01:00 PM +4.38
01:30 PM +15.64
02:00 PM +31.44
02:30 PM +17.76
03:00 PM +23.50
03:30 PM +13.98
04:00 PM +32.12 8743.94

S&P 500 940.38 -0.36

NASDAQ 1886.61 +1.58

GOLD 937.00 +1.80

OIL 63.37 +1.35

TSE 300 10,369.42 +65.00

CDNX 1095.62 -2.18

S&P/TSX/60 628.96 +4.12

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -0.74%
S&P +4.15%
Nasdaq +19.53%
TSX Advances 912,declines 556,unchanged 297,Volume 1,626,308,002.
TSX Venture Exchange Advances 394,Declines 347,Unchanged 372,Volume 265,766,154.

Dow +1 points at 4 minutes of trading today.
Dow -37 points at low today.
Dow +23 points at high today so far.
GOLD opens at $937.80.OIL opens at $62.00 today.

AFTERNOON,NEWS,STATS
Dow -37 points at low today so far.
Dow +23 points at high today so far.

DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 1,588,declines 1,909,unchanged 127,New Highs 36,New Lows 39.
Volume 2,738,806,754.
NASDAQ Advances 954,declines 1,543,unchanged 136,New highs 47,New Lows 14.
Volume 869,967,943.
TSX Advances 673,declines 546,unchanged 298,Volume 821,545,151.
TSX Venture Exchange Advances 283,Declines 247,Unchanged 269,Volume 156,130,448.

WRAPUP,NEWS,STATS
Dow -37 points at low today.
Dow +43 points at high today.
Dow +0.37% today Volume 301,413,216.
Nasdaq +0.08% today Volume 1,795,665,061.
S&P 500 -0.04% today Volume N/A

RECORD LOWS DOW
-Sept 30,1996 5,882.17
-Oct 30,1996 5,993.23
-Nov 6,1996 6,177.71
-Dec 16,1996 6,268.35
-Apr 15,1997 6,587.16
-Apr 21,1997 6,660.21
-Apr 28,1997 6,783.02
-May 1,1997 6,976.48
-May 7,1997 7,085.65

RECORD LOWS S&P 500
-Sept 5,1996 649.44
-Sept 6,1996 655.68
-Sept 11,1996 667.28
-Sept 12,1996 671.13
-Oct 1,1996 689.08
-Oct 28,1996 697.26
-Nov 4,1996 706.73
-Nov 5,1996 714.14
-Dec 17,1996 726.04

YEAR TO DATE PERFORMANCE,WEEKENDER
Dow -0.37%
S&P +4.11%
Nasdaq +19.63%
CANADAS WEEK ENDING STATS
TSX Advances 827,Declines 645,Unchanged 265 Volume 1,680,394,254.
TSX Venture Advances 430,Declines 360,Unchanged 326 Volume 265,928,824.

MAX TAKES ON GOLDMAN SACHS
http://www.youtube.com/watch?v=VSwWy4E6I04&feature=player_embedded
http://www.youtube.com/watch?v=ZoQrYa_NKQQ&feature=player_embedded
BIDEN WE HAVE TO SPEND
http://www.youtube.com/watch?v=xegLwVoziNo&feature=player_embedded

BofA operating under secret regulatory sanction: report
Thu Jul 16, 2009 5:59am EDT

(Reuters) - Bank of America Corp is operating under a secret U.S. regulatory sanction that requires it to overhaul its board and address perceived problems with risk and liquidity management, The Wall Street Journal reported, citing people familiar with the situation.Rarely disclosed publicly, the so-called memorandum of understanding (MOU) gives banks a chance to work out their problems without the glare of outside attention, the paper said.Financial institutions that fail to address deficiencies can be slapped with harsher penalties that include a publicly announced cease-and-desist order, the newspaper said.According to the paper, the order was imposed in early May, shortly after shareholders of the bank stripped Chief Executive Kenneth Lewis of his duties as chairman.The MOU is the most serious procedural action taken against Bank Of America by federal regulators since the financial crisis erupted, the newspaper said.The report said the MOU surprised some Bank Of America executives who had not expected federal regulators to issue such a formal rebuke. It said the bank responded swiftly with six directors resigning since May 26.Bank of America faces a series of deadlines, some at the end of July and others in August, the paper said.Bank of America could not be immediately reached for comment by Reuters.(Reporting by Hezron Selvi in Bangalore; Editing by Valerie Lee)

Head of $25 Billion Templeton Fund: Derivatives Will Cause Another Crisis
George Washington Blog Thursday, July 16, 2009

I have repeatedly warned that credit default swaps are not meaningfully being reigned in, and that the failure to do so will cause future problems.Mark Mobius – executive chairman of the $25 billion dollar Templeton asset management fund – agrees:A new financial crisis will develop from the failure to effectively regulate derivatives and the extra global liquidity from stimulus spending, Templeton Asset Management Ltd.’s Mark Mobius said.Political pressure from investment banks and all the people that make money in derivatives will prevent adequate regulation, said Mobius, who oversees $25 billion as executive chairman of Templeton in Singapore. Definitely we’re going to have another crisis coming down, he said in a phone interview from Istanbul on July 13.As the CIO of Bank Julius Baer notes, regulators aren’t even trying to exert real control over derivatives:Banks have lobbied hard against any changes that would make them unable to take the kind of risks they took some time ago, said Venkatraman Anantha-Nageswaran, global chief investment officer at Bank Julius Baer & Co. in Singapore.Regulators are not winning the battle yet and I’m not sure if they are making a strong case yet for such changes.

BPrinting money will lead to serious problems down the road,says Jim Rogers
Source: BI-ME , Author: BI-ME staff Posted: Fri July 17, 2009 11:20 am

INTERNATIONAL. Legendary global investor and chairman of Singapore- based Rogers Holdings, Jim Rogers said on Wednesday the US government’s interventionist economic policy verges on communism.In an interview with Moneynews's Dan Mangru, Rogers said: America now owns the car industry. America owns the mortgage industry. America owns a lot of the insurance industry. Karl Marx must be somewhere standing up in his grave cheering. And why is that? America has become a socialist and maybe even communist nation in many ways,Rogers said. Addressing the various stimulus packages introduced by the US government, Rogers suggested that President Bush approved two packages, President Obama one, and now there’s talk of a fourth. The first stimulus didn’t work. The second stimulus didn’t work. The third stimulus hasn’t worked,he said.

Rogers is clearly unhappy with the massive monetary easing the Fed has engineered under Chairman Ben Bernanke and he sees inflation and a currecy crisis as a result of these policies.Printing money has been tried many times throughout history in many countries, he said. It has never worked in the long term; it has never worked in the medium-term. Occasionally, it has worked in the short term.Printing money is going to lead to serious problems down the road,Rogers added.The amounts involved are staggering, Rogers said. They’ve already injected huge amounts of money into the system. The Fed has more than tripled its balance sheet in the past year or so.The federal government has increased its own debt by four, five, six times, he said.

In an interview with India's Economic Times Tuesday Rogers was asked what he was hiding in his pocket in reference to when, in a previous interview, he had a sachet of sugar in his pocket to underscore the point of impending shortage about agricultural commodities.I do actually have a silver coin in my pocket. I also have a gold coin, but the silver one is probably my better play. If I were a bright young man, I would be buying sugar now and silver, given the state of the world. That's not a recommendation, but I am just saying I do own some silver. Silver is cheaper than many things on a historic basis and I do own some silver,Rogers said.Rogers reiterated his stance on the dollar and his expectation of a currency crisis.I am not terribly bullish on the dollar in long term. US dollars are a terribly flawed currency and down the road I hope I don't own any US dollars. I still own some of them at the moment, but it's not getting better for the US. The dollar any way is getting worse. The fundamental for commodities continue to improve. The fundamentals for the US dollar do not continue to improve. They are deteriorating.The world is full of currency imbalances and economic trade imbalances would have to be resolved or corrected, one way or the other. So, we are going to have some problems in the currency market. I don't know when.said Rogers.

EU commissiom to continue monitoring Bulgaria and Romania
VALENTINA POP 16.07.2009 @ 17:16 CET

EUOBSERVER/BRUSSELS – The EU commission is next week set to recommend that Bulgaria and Romania continue to stay under a special monitoring mechanism beyond 2009, due to their slow progress in justice reforms and the fight against corruption and organised crime.The commission reports, due on Wednesday (22 July), take stock of the two countries in their third year of EU membership, with neither Bulgaria nor Romania having made enough progress for the special monitoring to be lifted.Romanian authorities are trying to lobby for an exit strategy from the so-called cooperation and verification mechanism, set up in the eve of EU accession due to the incomplete reforms and rampant corruption in both countries. But a core group of donor countries to the EU budget, notably Germany, the Netherlands, as well as Sweden -currently chairing the bloc's rotating presidency – Denmark and Austria are said to be staunchly against lifting the mechanism.Although the commission clearly lacks the strong leverage it has on countries before they become members, its continued monitoring has at least prevented major relapses. For instance, in Romania, some attempts by the political class to scrap the anti-corruption prosecutor's office were thwarted in the context of the commission's monitoring.The EU executive is set to explain that the monitoring cannot be lifted until all the so-called benchmarks are met, that is the set of measures both Bulgaria and Romania committed themselves to upon accession.

They range from specific actions like setting up a special agency to deal with integrity issues and asset declarations of public officials to more complex problems, such as ensuring an efficient and transparent judicial system.For both countries, the commission will once again speak of the lack of political will to fight corruption, with the Romanian Parliament criticised for blocking graft investigations and judges for allowing trials to be dragged on forever or giving too lenient sentences. One of Bucharest's small advances will be the adoption of new penal and civil codes, but the commission will also want to see the impact of the new legislation in the coming years.Sofia, for its part, will be criticised for not putting mafia bosses on trial, especially the ones with strong political connections and access to EU funds.The commission, however, is unlikely to recommend any sanctions, as it did last summer, when it decided to freeze some €800 million in EU aid for Bulgaria, due to fraud and links to organised crime.Romania also had some €190 million in agricultural funding suspended last year, but the commission did not link it with the justice report in the summer. The payments have since been resumed after the Romanian authorities revamped the control mechanisms for the funds.A general report on fraud and irregularities with EU money in 2008 issued on Wednesday showed Romania with the highest number of potential fraud cases from pre-accession funds. This type of financial assistance started before the country joined but is still ongoing until the end of this year. Romania had over a billion euros earmarked from this fund for 2008 and reported 246 cases of irregularities and fraud, affecting projects worth a total of €21 million, of which €16 million had to be recovered by the commission. Bulgaria is next in line, with 140 cases and €9 million to be recovered. The total sum affected by irregularities and potential fraud is bigger in Bulgaria, clocking in at €28 million.

Bleak perspectives

The commission is likely to emphasize that it is up to the Bulgarian and Romanian people themselves to form the critical mass necessary to push for real reforms, but political perspectives on the ground are rather bleak.In Bucharest, the majority of the Parliament elected last November wants to preserve the old status quo, and not even young politicians are a guarantee for change and transparency. On Tuesday, the 32-year old minister of Youth and Sports, Monica Iacob-Ridzi, was forced to resign amid allegations of embezzlement of public money.Presidential elections due this November are also unlikely to change the situation. The incumbent president, Traian Basescu, won in 2004 on a strong anti-corruption ticket, but even his centre-right Democratic Liberal party (PDL) is only half-heartedly backing that type of discourse. In addition, his own transparency and non-nepotism credentials have come under fire, after his daughter was elected as MEP with the tacit backing and funding of the PDL.

Mr Basescu's main challenger, Social-Democrat leader Mircea Geoana, is respected on an international level after having served as foreign minister and ambassador in Washington. But he has failed to reform his own party which inherited most of the Communist old guard, highly criticised for its corrupt and non-transparent practices.

With the landslide victory of Boiko Borisov's centre-right party, Bulgaria at least has a majority in the new Parliament which ran on a strong anti-corruption ticket. Yet commission officials are cautious about placing too much hope in the new Prime Minister's populist declarations. A former bodyguard of the Communist Party leader, Mr Borisov made little progress as mayor of Sofia in cracking down on the mafia killings taking place on the streets of the Bulgarian capital. Some press reports also linked him with mafia networks, an allegation Mr Borisov staunchly rejects.

New committee chairs set to create bruising encounters
ANDREW WILLIS 16.07.2009 @ 17:17 CET

EUOBSERVER / STRASBOURG – The election of two sectoral champions to the European parliament's industry and environment committees on Thursday (16 July) has set the stage for five years or bruising encounters between the two bodies. Controversial German MEP Herbert Reul from the centre-right European Peoples Party was elected chairman of the powerful industry, research and energy committee while former environmentalist Jo Leinen, an MEP from the Socialists and Democrats group, takes over the helm of the legislature's environment committee.Before the vote, a number of industry committee members expressed concern that the proposed chairman held overly close links with the business world, with the Liberal delegation saying transparency must be the watchword.In previous parliament negotiations on the car emissions law and on opening up the energy market in the EU, Mr Reul was accused of handing in amendments that came directly from industry.Industry committee member and vice-president of the Greens group Claude Turmes said his party was concerned about the new chairman's close links with the industry sector. It worries us a lot and Reul is also a climate sceptic,he said. If Mr Reul does not stick to the rules of the game and respect the votes of the members then probably we will have an institutional problem,he added. However Mr Reul defended his record.I am not close to businesses but I am certainly close to the business philosophy, he told EUobserver, adding that European businesses are currently facing the worst recession in the last half century.People all around Europe are losing jobs as a result of the recession, so it is not correct to say that the environment dossier is the most important,he indicated.On the issue of whether human activity was causing climate change he said: It's a part but it's not all.

Environment committee

Such tempered views on the human role in causing climate change are unlikely to be shared by the environment committee's new chairman - MEP Jo Leinen from the Socialists and Democrats group.Mr Leinen said he was returning to his roots by taking on the position, highlighting his environmentalist background including a stint as environment minister for his region in Germany and various citizens initiatives before that in the 1970s.There is a tension between the environment and industry committees but the chairperson is not alone, it's up to the members of the committee [to make decisions], although he does have a certain influence,he told this website.

He said that the new parliamentary mechanism that enables two committees to combine and make joint decisions on contentious legislation could be used to help solve disputes between the two committees.

Economic committee gets non-euro chairwoman

The economic and monetary affairs committee, which has regular contacts with ECB chairman Jean-Claude Trichet, elected UK MEP Sharon Bowles as its chairperson.Before her election however, the MEP moved to allay committee member concerns that her origins from a non-euro country could jeopardise the committee's work by saying she was a strong supporter of the currency. Ultimately the UK will not be able to stay out of the euro if you look into the long-term when it is a major reserve currency, she later told journalists.She also said she would not be lobbying for the banking interests of the city of London, Europe's largest financial centre, indicating she intended to clearly distinguish between her personal views as an MEP and her duty to be an independent chairwoman. If I may be so bold, I think I will probably demark this [joint role] more clearly than has previously been the case with some continental chairs.

Surprise on foreign affairs

In a surprise turn of events, Italian MEP Gabriele Albertini from the centre-right EPP group was elected chairman of the foreign affairs committee and not Mario Mauro.
Mr Mauro had been tipped for the post having backed out of the race to win the EPP nomination for president of the parliament. In accepting the post, Mr Albertini said: For understandable reasons, Mario Mauro thought he could not be head of the Italian delegation and chair of the committee.The former mayor of Milan also admitted however that Mr Mauro had more experience in the field of foreign affairs than he did.

Other chairs

In total twelve committee chairs were elected on Thursday, with the rest set to be elected on Monday. Socialist MEP Vital Moreira from Portugal was elected as chair of the international trade committee, while French MEP Alain Lamassoure from the EPP group took the budgets committee.Fellow compatriot Pervenche Beres from the Socialist grouping took the employment and social affairs committee, while UK MEP Malcom Harbour from the anti-federalist European Conservatives and Reformists group took the important internal market and consumer protection.Legal affairs went to German MEP Klaus-Heiner Lehne from the EPP, civil liberties went to Socialist MEP Fernando Lopez Aguilar from Spain, and women's rights and gender equality went to Swedish MEP Eva-Britt Svensson from the left-wing GUE/NGL group. Petitions went to Italian MEP Erminia Mazzoni from the EPP.