EARTH DESTROYED WITH THE EARTH
GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.(WORLD TERRORISM,MURDERS)(HAMAS IN HEBREW IS VIOLENCE)
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence (TERRORISM)(HAMAS) through them; and, behold, I will destroy them with the earth.
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.
10 days after quake, 2 rescued from Haiti rubble By BEN FOX, Associated Press Writer – Sat Jan 23, 12:01 am ET
PORT-AU-PRINCE, Haiti – An Israeli search team pulled a severely dehydrated 21-year-old man from the rubble of his bedroom a staggering 10 days after an earthquake leveled much of the Haitian capital.Emmannuel Buso was so ghostly pale that rescuers said his mother thought he was a corpse. However, doctors found him in relatively good shape despite his ordeal and he is expected to make a full recovery.Buso said from his bed in an Israeli Defense Forces field hospital near Haiti's main airport that he survived by drinking his own urine and spent most of his time under the debris in a listless daze, at times dreaming of his mother and thinking that he had in fact died.I am here today because God wants it,Buso said in an interview with The Associated Press.The Israeli team is one of a number of such groups that have been searching countless destroyed buildings in the tropical heat following the 7.0-magnitude quake Jan. 12.Elsewhere Friday, an 84-year-old woman was said by relatives to have been pulled from the wreckage of her home, according to doctors administering oxygen and intravenous fluids to her at the General Hospital. Doctors said she was in critical condition.
The European Commission says international rescue crews have rescued more than 125 people since the 7.0-magnitude earthquake struck, but successes have grown increasingly rare as time passes. Much of the focus of the quake's aid workers has shifted to helping the hundreds of thousands of newly homeless in the impoverished nation and some rescue crews have started to depart because of the time since the quake.The Israel team has found four people alive. Their field hospital has treated more than 500 people, delivering 14 babies.Maj. Amir Ben David, the head of the Israeli search-and-rescue team, said he has never seen anyone survive as long as Buso under such circumstances. He said the rescue is a reminder of the importance of continuing their efforts.This has given us a lot of hope that we can find more people, Ben David told AP.We will keep going until the end of our mission.Video of the rescue obtained by the AP shows rescue workers pulling the man, shirtless and covered in dust, from a crevasse in the wreckage of his family's two-story home in the Bel-Air section of the city near downtown. Way to go, one of the rescuers yells in Hebrew.Israeli searchers had been going through Port-au-Prince asking people if they knew of anyone who might be trapped. They encountered Buso's relatives, who thought he might still be alive.They pulled away some debris, called out to him and, to everyone's surprise, he responded.Buso, a slender student and tailor with deep-set eyes, said he had just come out of the shower when the quake hit.I felt the house dancing around me, he said from his bed, covered by a reflective heat blanket in the hospital field tent.I didn't know if I was up or down.
He passed out and lay in a daze, dreaming at times that he could hear his mother crying. The furniture in his room had collapsed around him in such a way that it created a small space for him amid the ruins of the house. He had no food. When he got desperately thirsty, he drank his urine.I was very scared, he said.My heart was jumping.Buso said his mother is living in a huge encampment of refugees from the quake across from the wrecked National Palace. He plans to join her there when he is released from the hospital. Capt. Kheir Ashraf, the doctor who treated Buso, said he has no doubts about the man was buried since the quake. But he also said Buso is in remarkably good health, all things considered. He is in good condition and he will recover,Ashraf said. Listen, his laboratory exams are better than mine.Associated Press investigative researcher Randy Herschaft in New York contributed to this report.
UN: Haiti government calls off search and rescue By VIVIAN SEQUERA and FRANK JORDANS, Associated Press Writers – JAN 23,10
PORT-AU-PRINCE, Haiti – Haiti's government has declared the search and rescue phase for survivors of the earthquake over, the United Nations announced Saturday, saying there is little hope of finding more people alive 11 days after much of the capital was reduced to rubble.The statement from the Office for the Coordination of Humanitarian Affairs came a day after an Israeli team reported pulling a man out of the debris of a two-story home and relatives said an elderly woman had been rescued. Experts say the chance of saving trapped people begins diminishing after 72 hours, but one mother still missing her children said it's too soon to give up.Maybe there's a chance they're still alive, said Nicole Abraham, 33, wiping away tears as she spoke of hearing the cries of her children — ages 4, 6 and 15 — for the first two days after the Jan. 12 quake.Meanwhile Saturday, mourners gathered near the ruins of the shattered cathedral to pay final respects to the capital's archbishop and a vicar in a somber ceremony that doubled as a symbolic funeral for all the dead.
I came here to pay my respects to all the dead from the earthquake, and to see them have a funeral, said Esther Belizaire, 51, whose cousin is among the dead.The 7.0-magnitude quake killed an estimated 200,000 people, according to Haitian government figures cited by the European Commission. Countless dead remain buried in thousands of collapsed and toppled buildings in Port-au-Prince, while as many as 200,000 have fled the city of 2 million, the U.S. Agency for International Development reported.
With the local government essentially incapacitated, the U.N. has coordinated rescue efforts alongside the U.S. and teams from around the world. Spokeswoman Elisabeth Byrs said the Friday afternoon decision does not mean rescue teams still searching for survivors would be stopped from carrying out whatever work they felt necessary.
It doesn't mean the government will order them to stop. In case there is the slightest sign of life, they will act, Byrs told The Associated Press. She added, however, that except for miracles, hope is unfortunately fading.All told, some 132 people were pulled alive from beneath collapsed buildings by international search and rescue teams since the Jan. 12 disaster, she said.An Israeli military spokeswoman said Saturday no decision had yet been taken to halt their search and rescue operations a day after they saved a 21-year-old man who survived in part by drinking his own urine.With the rainy season on the way, U.N. relief workers are concerned that many Haitians are still homeless and Byers said the focus now will be squarely on providing shelter and medical treatment. About 609,000 people are homeless in the capital's metropolitan area, and the United Nations estimates that up to 1 million could leave Haiti's destroyed cities for rural areas already struggling with extreme poverty.On Saturday morning, more than 1,000 people, many weeping and clutching handkerchiefs, gathered in a small park for the funerals of Msgr. Joseph Serge Miot, the archbishop of Port-au-Prince, and the vicar Charles Benoit. Classical music wafted over their two closed white caskets covered with flowers.This is for everyone, Cleopas Auza said of the ceremony before it began.
Nepthalie Miot, a niece of the archbishop, choked back tears as she described the man who would have worked to comfort the nation after the disaster had he not been killed himself.He was a very compassionate person. He tried to help the poor, she told the crowd, which included President Rene Preval, New York Archbishop Timothy Dolan and the Vatican's ambassador to Haiti, Archbishop Bernadito Cleopas Auza.Only a small number of funerals have been held since the quake, with most people buried anonymously and without ceremony in mass graves on the outskirts of the city, or burned in the streets.The hardest thing for us is the smell of all the dead bodies, said Josette Elisias, 45, wearing a red handkerchief to cover her nose and mouth on Saturday as workers cleared rubble and debris from streets with brooms, rakes and wheelbarrows.Scores of aid organizations, big and small, have stepped up deliveries of food, water, medical supplies and other aid to the homeless and other needy in seaside city. In the U.S., celebrities and artists made impassioned pleas for charitable donations during an internationally broadcast telethon Friday night. The Haitian people need our help,said actor George Clooney, who helped organize the two-hour telecast.They need to know that they are not alone. They need to know that we still care.More than a dozen Latin pop stars including Shakira, Ricky Martin, Gloria Estefan, Paulina Rubio, Daddy Yankee and Juanes were to appear Saturday on a special live edition of a popular Univision variety show to raise money for the American Red Cross to help aid earthquake victims. Frank Jordans reported from Geneva. Associated Press writers contributing to this story include Mike Melia, Jonathan M. Katz, Michelle Faul, Alfred de Montesquiou, Paul Haven and Ben Fox in Port-au-Prince; Eliane Engeler in Geneva; Morgan Lee and Charles J. Hanley in Mexico City; and Diaa Hadid in Jerusalem. (This version CORRECTS spelling of archbishop's niece's name to Miot.)
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.
Storm: Arizonans dry out, Californians head home By JOHN ROGERS, Associated Press Writer – JAN 23,10
LA CANADA FLINTRIDGE, Calif. – Hundreds of Southern Californians were back in their homes Saturday as a stampede of storms that brought lightning, vicious downpours and tornadoes turned to sunshine.In Arizona, snow continued to fall in Flagstaff as residents dug out from the biggest weather system to hit the state in nearly two decades. The storms flooded small towns, caused a train derailment and closed major interstates. Snow collapsed roofs in the northern part of the state.Forecasters said clear skies in California should last through Tuesday evening, when more rain moves into Southern California. It's not expected to last more than two days and won't bring significant rainfall, said National Weather Service meteorologist Steve Vanderburg.We'll have a few days to dry out and enjoy the sun before another, smaller system moves in, Vanderburg said.That one will be more of your average winter storm. It won't be a huge rainmaker.
Interstates closed in northern Arizona were open to traffic Saturday morning.
A 6-year-old boy who was swept away in rising waters about 70 miles north of Phoenix was presumed dead. The boy's father and sister were also swept by the current, but managed to get to safety.Three others died in vehicle accidents this week — two on Interstate 40 east of Flagstaff and one in Phoenix — as a series of storms moved through the state. At least two people were killed by trees toppled by high winds in California in recent days.Fears of debris flows northeast of Los Angeles subsided. Mandatory evacuation orders for hundreds of homes were lifted after public works experts determined the ground was safe — for now. The homes are in the foothills of the San Gabriel Mountains burned bare last summer by wildfire.
The city of Los Angeles canceled evacuations for all but one home.
The storm moved Friday into New Mexico, where high winds toppled a broadcasting tower in Alamogordo and Southwest Airlines cited concerns about winds and snow in suspending 14 flights in Albuquerque over a five-hour span Friday.The National Weather Service issued a winter storm warning Friday for areas around Alamogordo, predicting up to six inches of additional snowfall.Flood control channels remained swollen and swift despite the drop in rainfall.In one dramatic rescue, a firefighter splashed into a raging Los Angeles River to rescue a German shepherd mix and managed to hang on safely, even after the dog furiously bit his arm and hand.Joe St. Georges, a 25-year Los Angeles Fire Department veteran, said he received a real bite in the thumb but was otherwise fine.To the north in Ventura County, the body of a 40-year-old man was found Friday in an overflowing creek. Matthew Chidgey, 40, told his roommate he wanted to venture into the closed park to see what the waterfalls looked like during the storm.The storms also drenched Las Vegas, where 1.69 inches of rain hit this week, more than the 1.59 inches of rain that fell all of last year.Across metropolitan Phoenix, downed trees blocked driveways, and palm fronds and other debris from the storm littered the streets. A teenager died after the vehicle he was in lost control while traveling through water Thursday afternoon on a Phoenix street.
In western Arizona, a 2-foot surge of runoff flooded streets and an unknown number of homes early Friday in Wenden, a community of 500 people. Flooding from the storm receded late Thursday but more water returned several hours later when a surge of runoff came through a nearby wash, said Lt. Glenn Gilbert, a spokesman for the La Paz County Sheriff's Office. Several busloads of people were evacuated from their homes in Wenden and taken to a high school five miles away in Salome. They're going to see their homes muddied up and basically destroyed, said Gregory Palma, chief of the local volunteer fire department. They'll just move back in and rip off their dry wall and do what they gotta do.California Gov. Arnold Schwarzenegger declared a state of emergency for San Bernardino County, citing county estimates of 124 homes damaged by the storm and costs of more than $11 million for emergency response, building damage and debris cleanup. States of emergency have been declared for Los Angeles, Orange, Riverside, San Francisco and Siskiyou counties. The declarations will allow the counties to obtain state reimbursement for much of their damage and cleanup costs, although state officials said it was unlikely that the damage was serious enough for them to qualify for federal emergency aid. The city of Long Beach estimated $3 million in damage to homes and buildings. Flooding damaged the city's main library and buildings at California State University, Long Beach earlier in the week.
Ana Barenos said cars parked in her Long Beach neighborhood flooded up to the windows and water seeped into her basement. She blamed the city for not doing a better job clearing the storm drains before the heavy rains. We had to contract a company to take out the water and they took five hours to take all the water from under the house,she said.It cost a lot of money. I think they should clean the drains before the (rainy) season.Associated Press writers contributing to this report include Christopher Weber in Los Angeles, Felicia Fonseca in Flagstaff and Jacques Billeaud and Jonathan J. Cooper in Phoenix.
Father loses grip, Ariz. boy swept away in flood By FELICIA FONSECA and JONATHAN J. COOPER, Associated Press Writer – Fri Jan 22, 7:19 pm ET
FLAGSTAFF, Ariz. – A father clung to his son and a tree in a rain-swollen northern Arizona river before losing his grip on the 6-year-old boy, who was swept away by the rushing waters and is presumed dead, a fire chief said.Searchers spent Friday looking for the boy's body with no success, a day after David and Katrina Baudek of rural Mayer loaded their two children, Jacob and Desiree, into a pickup during a powerful winter storm. They were trying to get Jacob to a hospital because he was sick, authorities said.The family left their home about 70 miles north of Phoenix and headed out on a dirt road that normally is passable.Tributaries of the nearby Agua Fria River had already flooded local roads. The Baudeks crossed one of them, then decided travel was too dangerous and turned back. They made it 40 feet across a 50-foot wash when the fast-moving water caught their Chevrolet Avalanche and carried it 20 feet downstream, said Mayer Fire Chief Glenn Brown.Katrina Baudek escaped to higher ground as her husband moved the two children into the truck's bed for safety.
A witness nearby heard the commotion and threw David Baudek a rope while someone called for help as storm waters rose and covered the truck's roof, Brown said. Separated by 40 feet of rushing water, rescuers could do nothing but beg for a helicopter — something weather conditions wouldn't allow, he said.After holding on to both children and the rope for about two hours, the father lost his grip and dove toward the shore. Somehow, possibly with the help of her mother, the girl reached safety on the shore as David Baudek clutched a tree and his son.He lost his grip, and Jacob Baudek was swept away.Seeing it, you cannot imagine how he was able to hold on as long as he did, Brown said.An Arizona Department of Public Safety crew flew over the area Friday where Jacob was last seen and spotted debris piles. Ground crews searched them and found the blue and green pajamas the boy was wearing more than a mile from where the truck got stuck, said Yavapai County sheriff's spokesman Dwight D'Evelyn. A backpack the boy was carrying also was recovered, he said.
But there still was no sign of the boy, who also was wearing black and green tennis shoes and had a red and orange blanket wrapped around him. Authorities fear his body might be buried in the mud, and the water would have to recede before it could be recovered, D'Evelyn said.The search was suspended Friday evening while authorities figure out what to do next, he said.Meanwhile, the family is stuck at home, a river physically separating them from authorities. They are doing the best they can under the circumstances, he said.Conditions wouldn't have allowed the boy to survive, he said.A 6-year-old, depending on his medical condition, would probably be unconscious fairly quickly and not have the knowledge of what to do or how to react and probably couldn't swim,he said.Even an adult would have a hard time in this situation.
Associated Press writers contributing to this report include Christopher Weber in Los Angeles, Felicia Fonseca in Flagstaff and Jacques Billeaud and Jonathan J. Cooper in Phoenix.
THIS IS GOOD FOR ISRAEL IF ABBAS WON'T TALK PEACE.
US envoy fails to lure Abbas back to Mideast talks By DALIA NAMMARI, Associated Press Writer – Fri Jan 22, 1:30 pm ET
RAMALLAH, West Bank – President Barack Obama's Mideast envoy failed Friday to lure Palestinian President Mahmoud Abbas back to peace talks with Israel, as Abbas stuck to his insistence that an Israeli settlement freeze come first.The three-hour meeting between Abbas and Washington's envoy, George Mitchell, came a day after Time magazine published an interview with Obama in which the president acknowledged he may have overestimated his ability to revive negotiations.Mitchell, who also held talks with Israeli Prime Minister Benjamin Netanyahu, is to leave the region over the weekend. The envoy has said Obama remains committed to trying to broker a Mideast deal, but it's unclear what he could try next.Abbas has said repeatedly he will not resume negotiations without a complete Israeli settlement freeze in the West Bank and east Jerusalem — areas claimed by the Palestinians for a future state. The Obama administration initially demanded such a freeze as well, but relented when Netanyahu resisted.Netanyahu instead agreed to a 10-month slowdown in West Bank construction. But Netanyahu insists he will not relinquish any part of Jerusalem. The Palestinians seek the city's eastern sector as their future capital.
Netanyahu says he is willing to resume talks immediately and contends the Palestinians have set unreasonable preconditions. Talks broke down between Abbas and Netanyahu's predecessor, Ehud Olmert, in December 2008.However, Abbas aide Saeb Erekat said the onus is on Israel, not the Palestinians.When we say a settlement freeze that includes Jerusalem, that is not a Palestinian condition, he said.That is rather an Israeli obligation, and the same thing is applicable to our demand to have negotiations resume where we left them in December 2008.Abbas and Olmert held talks for more than a year. The content of those talks was kept secret and no agreement was made public. Abbas aides have said resuming talks is pointless as long as Netanyahu refuses to pick up where Abbas and Olmert left off.Erekat said Mitchell appealed to Abbas to resume negotiations immediately but the Palestinians disagreed and asked Washington to have the Netanyahu government drop its conditions.A statement released later from the prime minister's office said Netanyahu stresses again that Israel does not place any preconditions on entering negotiations. The prime minister calls on the leaders of the Palestinian Authority to stop wasting time on talking about how to enter negotiations and sit down for negotiations instead.
The Palestinians fear that Washington's failure to get Israel to halt settlement construction bodes ill for its ability as a broker once far tougher issues such as a partition of Jerusalem are on the table.Abbas is also concerned his personal standing — under constant assault from his militant rivals in Hamas — will erode further if he returns to talks while settlements keep expanding.Nearly half a million Israelis have moved to the West Bank and east Jerusalem since Israel captured the territories from Jordan in the 1967 Mideast war. With settlements chipping away at Palestinian-claimed territory, setting up a Palestinian state would be increasingly difficult.Earlier this week, Netanyahu added a new complication by saying he would seek an Israeli presence in a prospective Palestinian state to prevent the smuggling of missiles and other weapons.Mitchell started his latest mission Thursday, meeting with Netanyahu and other Israeli leaders. Despite the gloom, the envoy said Thursday that Obama still hopes to see a Palestinian state alongside Israel in peace.We will pursue (that) until we achieve that objective, Mitchell said Thursday.In his interview with Time, Obama seemed pessimistic. I think it is absolutely true that what we did this year didn't produce the kind of breakthrough that we wanted and if we had anticipated some of these political problems on both sides earlier, we might not have raised expectations as high," Obama said.
Israeli minister warns of new war with Hezbollah
JAN 23,10
JERUSALEM (AFP) – Israel is heading toward a new war with Lebanon's Shiite movement Hezbollah, a cabinet minister warned Saturday in remarks carried by military radio and the popular Ynet news website.We are heading toward a new confrontation in the north but I don't know when it will happen, just as we did not know when the second Lebanon war would erupt, said Yossi Peled, a minister without portfolio and a reserve army general.He was referring to the devastating war Israel fought with Hezbollah in 2006, which killed more than 1,200 Lebanese, most of them civilians, and more than 160 Israelis, mostly soldiers.Hezbollah is part of a new coalition government formed in November by US- and Saudi-backed Lebanese Prime Minister Saad Hariri. The group is also the only faction still armed after Lebanon's 1975-1990 civil war.Although Hezbollah is part of the Lebanese government, the latter has no influence on it, Peled said, adding the Jewish state will hold Hezbollah and its ally Syria responsible for any attack on Israel.Unlike many others (officials) I consider that peace is not a goal in itself but only a means to guarantee our existence,said Peled.Israeli officials have repeatedly warned in recent weeks that any attack by Hezbollah would be met with a strong response.Last week Defence Minister Ehud Barak warned Lebanon and Hezbollah against any attempt to undermine the calm prevailing at the border between the two countries.But in a statement issued on Saturday after Peled made his comments, Prime Minister Benjamin Netanyahu stressed that Israel does not wish at all to have a confrontation with Lebanon.The Jewish state seeks peace with Lebanon and with all its neighbours,the statement added.
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).
THE EU DICTATOR
REVELATION 6:1-2,13:1-3,7-9,16
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse: and he that sat on him had a bow; and a crown was given unto him: and he went forth conquering, and to conquer.(THIS IS THE EU DICTATOR)
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.(7 HEADS ARE THE 7TH WORLD EMPIRE IN HISTORY (THE EU) AS WELL AS THE VATICAN WHICH IS BUILT ON 7 HILLS. 10 HORNS ARE 10 KINGS THAT ARISE FROM THE EU, THEN #11 COMES ON THE SCENE BECOMES THE HEAD OF 3 OUNTRIES AND THEN THE EU DICTATOR, COMES FROM 1 OF THE 3 COUNTRIES THAT RULE FOR THIS TERM. I BELIEVE THE 3 COUNTRIES RULING AT THE TIME ARE SPAIN AND 2 OF THE ORIGINAL 6 THAT STARTED THE EU. FROM 1 OF THESE 3 COUNTRIES COME THE FUTURE EU DICTATOR PRESIDENT OF THE EUROPEAN UNION WHO GUARENTEES ISRAELS SECURITY FOR A LAND FOR PEACE 7 YEAR TREATY.
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.(THE JEWISH EU DICTATOR GETS HIS POWER FROM SATAN,HE COMES FROM THE OCCULT).
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.(THE DICTATOR HAS A FALSE RESURRECTION. JUST LIKE JESUS HAD A LITERAL RESURRECTION THIS DICTATOR GETS MURDERED AT THE 3 1/2 YR MARK OF THR 7 YEAR TREATY AND COMES BACK TO LIFE. THIS IS HOW HE CAN CLAIM TO BE GOD AND GET AWAY WITH IT AND CONTROL THE WHOLE EARTH.
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.
9 If any man have an ear, let him hear.
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:
DANIEL 11:36-40
36 And the king shall do according to his will;(EU PRESIDENT) 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 A EUROPEAN JEW) nor the desire of women, nor regard any god: for he shall magnify himself above all.
38 But in his estate shall he honour the God of forces:(HES A MILITARY GINIUS) 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 (CONTROL HEZBOLLAH,AL-QUAIDA MURDERERS ETC) with a strange god, 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.
40 And at the time of the end shall the king of the south(EGYPT) push at him:(EU DICTATOR PROTECTING ISRAELS SECURITY) and the king of the north(RUSSIA) 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.
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.
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)
EU mandarins drafting blueprint for diplomatic corps-Celebrating enlargement in Brussels in 2004: just 117 out of 1,657 officials in the commission's foreign relations branch are from new member states (Photo: ec.europa.eu)ANDREW RETTMAN
22.01.2010 @ 09:11 CET
EUOBSERVER / BRUSSELS - Senior figures in the EU Council and the European Commission have filled the majority of seats on a committee responsible for designing the EU's diplomatic corps, as new member states fret about their future role in the service.
The European External Action Service (EEAS) will be built over the next two years on a blueprint to be put forward by EU foreign relations chief Catherine Ashton in late February or early March.Ms Ashton has created a high-level group of 13 people to advise her on the proposal. It held its first two meetings in January, with initial talks dominated by which bits of the commission budget, such as the €285 million a year Instrument for Stability or the €3 billion a year European Development Fund, the EEAS should gobble up.The high-level group includes several of the most influential behind-the-scenes figures in Brussels.From the EU Council side, the secretary general, Pierre de Boissieu, known as Cardinal Richelieu by some EU officials after the French 17th century arch-manipulator, is on the panel. The director of the council's legal service, Jean-Claude Piris, its top military strategist, Robert Cooper and its top political brain, Helga Schmid, are also in.
On the commission front, there are: President Jose Manuel Barroso's right hand man, Joao Vale de Almeida; its secretary general, Catherine Day; the head of its 136 foreign delegations, Patrick Child; Ms Ashton's head of cabinet and veteran British diplomat, James Morrison; and the director of the commission's legal service, Luis Romero Requena.Member states have four people: Spain's EU ambassador, Carlos Bastarreche; its top diplomat on security affairs, Carlos Fernandez Arias Minuesa; Belgium's EU ambassador, Jean de Ruyt; and Hungary's EU envoy, Gabor Ivan.A source present at the meetings told EUobserver that the relatively inexperienced Ms Ashton is holding her own. She's good at working the room, working the meeting so that everyone feels understood and then she takes her decisions,the contact said.But the tight deadline for the proposal has given the commission more power. Mr Barroso stole the march on Ms Ashton by setting up an internal working group on the diplomatic service last autumn. Catherine Day's people are already putting forward legal documents for Ms Ashton's group to rubber stamp.The influence of member states has been diluted by a proviso adopted by the committee in its first session. The four ambassadors take part on an individual basis and do not represent or speak on behalf of Coreper,the clause says, referring to the formal body of 27 EU ambassadors, which meets in Brussels once a week.Member states will get their say on the final proposal when it comes up for approval by foreign ministers in April. In the meantime, one of Ms Ashton's officials is giving regular briefings to Coreper to keep EU capitals on board. MEPs will also get to approve the diplomatic corps' budget. But consultation is limited to occasional phone calls to German centre-right deputy Elmar Brok, on the parliament's foreign affairs committee.
Thorny bramble
One thorny little bramble for Ms Ashton will be ensuring that new member states get a satisfactory share of senior appointments.The EU Council and the commission, which will furnish two-thirds of EEAS personnel, are currently dominated by people from old member states. Out of the commission's 1,657 foreign relations officials, 117 are from the 12 countries that joined the union after 2004. Just one of them, Hungarian diplomat Janos Herman in the commission's Norway embassy, holds a top-level post. The Brussels mafia has made sure that our dirty moustaches are kept out of this,one Polish-origin EU official said.Hungary's ambassador, Mr Ivan, sees no bias in being the only person from a new EU country on Ms Ashton's French and British-led group.I don't see any behaviour here against new member states, he told this website.The diplomat, who has 20 years' experience dealing with Brussels going back to Hungary's pre-accession talks, promised to watch over the interests of new member states, however.In the composition of the EEAS there should be attention paid to geographic balance. It's true that new member states are relatively underrepresented in the foreign services of the commission and council. I will pay attention to these issues,he said.
Berlin plans G20 financial oversight meeting
JAN 23,10
BERLIN (Reuters) – Germany will host a meeting of the Group of 20 nations in May to focus efforts on reforming financial regulation in the wake of new U.S. proposals for governing banks, a finance ministry spokesman said.In an interview in Welt am Sonntag newspaper, Finance minister Wolfgang Schaeuble said proposals made last week by U.S. President Barack Obama have increased the chances of coming to an international accord.It is important that we do not relax our efforts now internationally, he said in comments to be published on Sunday.We'll also bring our own ideas to this debate, he said.Earlier German news magazine Der Spiegel reported that finance ministers, central bankers, and experts from the G20 developed and emerging nations would be invited to the conference, to be held in Berlin toward the end of May.The goal will be to accelerate coordination within the group, the magazine reported, adding that Germany wanted to prevent countries from working on financial oversight alone.(Reporting by Brian Rohan; Editing by Toby Chopra)
New EU-Mediterranean club opens in Barcelona
VALENTINA POP 22.01.2010 @ 10:50 CET
EUOBSERVER / BARCELONA - A new club of regional and local officials from European, North African and Middle Eastern countries - Arlem - was inaugurated on Thursday (21 January) in Barcelona, as part of a broader EU policy to build bridges with Maghreb and Mashreq people. Hidden behind palm and eucalyptus trees full of green parrots, the new club's luxurious home - a former royal residence called the Palau Reial - buzzed with security and VIP cars on the day. One couple was upset after being refused permission – as is normal on weekdays - to visit its Pedralbes gardens:No badge, no entrance, the gatekeeper said implacably. The woman in the couple gazed at the banner and its cryptic title. Arlem ...What is that? she asked. But the guard declined to say anything else and the couple walked away.The Association Regionale et Locale Euro-Mediteranee (Arlem) is a project designed to foster co-operation between local authorities on both sides of the Mediterranean Sea and to help members tap EU funds for environmental, energy and democracy-building projects.It is part of the more grand Mediterranean Union, which was launched by France in 2008 during its chairmanship of the EU and also has its permanent home in the old Catalan palace.
Spain, the current holder of the rotating EU presidency, is enthusiastically promoting the union's regional dimension, as embodied in the Arlem project.The Euro-Mediterranean Union is a great priority of the Spanish presidency. But if we want practical and tangible results, we must take into account regional and local authorities when constructing this space,Spanish secretary of state for foreign affairs Angel Torres-Quevedo said at Thursday's meeting.Arlem membership is not limited to states bordering the Mediterranean Sea: Nordic countries such as Finland were also present at the event, as well as Great Britain and Slovenia.Risto Ervela, from Sauvo in southern Finland, told this website that he is interested in taking part because his region is involved in the Baltic Sea strategy – another EU co-operation platform in the north - and wants to know what was happening in the south.
My region, Turku, only has partners in the Baltic Sea area: Poland, Russia, northern Germany. Our most southerly partner is France. But now maybe we can find new partners. There are many topics that we share - pollution of the sea, employment, he said.Out of Arlem's 40 European members, 30 people hail from the Committee of the Regions, a Brussels-based institution that gives advice on employment, environment and energy to EU policy makers. The majority of its North-African and Middle Eastern personnel has been appointed by national governments. Funding is provided from each member country, while the Committee of the Regions helps out with translation into the Arlem's three official languages - Arabic, English and French.Arlem is not a new institution, it is a network, a concept of working together, an open space for dialogue, without roof and without walls,Luc Van Den Brande, Arlem's freshly elected chairman, told press. A former premier of the Belgian region of Flanders, Mr Van Den Brande currently presides over the Committee of Regions, with his non-renewable mandate due to expire next month.The leadership of the assembly also includes a Moroccan co-chairman and representatives from Algeria, France, Jordan, Hungary and Croatia. Despite being domiciled in Spain, its general assembly is set to meet next time in Morocco in 2011 and, in the meantime, it is to look into practical ways of dealing with issues such as sea pollution and waste management, as well as more ambitious ideas such as city diplomacy - getting local leaders to help tackle international problems, such as the Turkish-Cypriot or the Israeli-Palestinian disputes.
The tranquility of Arlem's opening session was fractured by Yona Yahav, the mayor of the Israeli city of Haifa, who openly voiced dissatisfaction with what he called an attempt by Syrian and Lebanese envoys to sabotage his election to the governing board of the body.My expectations were that I was coming to a place which is open to new ideas. For the time being, I'm disappointed, he said.Mr Yahav said he wanted the example of Haifa to be lifted up as a model of reconciliation between Muslims and Jews, having integrated both groups in the city's government.Everything is on an equal basis, so that there is a feeling they are equal partners in the day-to-day shaping of the city,he said.
US welcomes EU's new foreign policy powers
ANDREW RETTMAN 22.01.2010 @ 09:23 CET
EUOBSERVER / BRUSSELS - US secretary of state Hillary Clinton has welcomed the upgrading of EU foreign policy under the Lisbon Treaty at a meeting with the union's recently-anointed foreign relations chief, Catherine Ashton.These are historic times for the EU. I expect that in decades to come, we will look back on the Lisbon Treaty and the maturation of the EU that it represents as a major milestone in our world's history,Ms Clinton told press in Washington on Thursday (21 January).As the EU develops a more powerful and unified foreign policy voice in the wake of the Lisbon Treaty, our transatlantic partnership will continue to grow.She declined to mention Ms Ashton's British nationality in the context of the US and UK's old special relationship, amid concerns in some European capitals that Washington is increasingly keen to do business with Brussels rather than on a bilateral level.Her remarks also stand in contrast to fears voiced in the European Parliament last year that the US tried to scupper Lisbon ratification because it does not want to compete with a stronger Europe on the international stage.Ms Clinton and Ms Ashton indicated that the two powers stand side-by-side on future sanctions on Iran.Let me be clear: We will not be waited out and we will not back down. Iran has a very clear choice between continued isolation and living up to its international obligations, Ms Clinton said.Six years of dialogue by my predecessor Javier Solana has not brought us to the outcome that we would wish. And so we do have to consider what else needs to be done, and we stand ready to do that, Ms Ashton added.The pair also agreed that more needs to be done to help people in the Haitian countryside following an initial focus on its earthquake-struck capital, Port-au-Prince.The most critical issue on our agenda today was the people of Haiti,Ms Ashton said.
The event was not widely covered in US media. But it saw Ms Clinton praise Ms Ashton's personal qualities and refer to her by her first name in a sign of friendship.I am grateful to have such a strong, thoughtful, accomplished partner in the efforts that confront us,she said, adding later that: Cathy and I are statistics kinds of people.The EU foreign minister's visit to the US capital follows criticism of her handling of the Haiti crisis in the European Parliament on Tuesday, where French and German MEPs said she should have gone to Port-au-Prince to improve the union's visibility as a donor. The incoming French EU commissioner, Michel Barnier, on Wednesday attacked Ms Ashton on the same grounds, following a week of French grumbling that the US has taken a leading role in helping the one-time French colony.
Catherine Ashton became the EU's new foreign policy supremo on 1 December, the date of entry into life of the Lisbon accord. But she is currently juggling the creation of a new EU diplomatic corps in Brussels together with her international obligations. The whole thing is in statu nascendi. It's a bit chaotic for the time being,an EU diplomat said.
Latvian parliament backs IMF bailout deal
ANDREW WILLIS 22.01.2010 @ 09:16 CET
A crucial vote in the Latvian parliament on Thursday (21 January) gave a renewed mandate to the government to continue talks with the International Monetary Fund and the European Union regarding the country's €7.5 billion bailout package.The vote was precipitated following a ruling last month by the country's constitutional court against government pension cuts, drawing a question mark over the country's ability to meet the terms of the international lending programme agreed in December 2008.But internal tensions within the ruling five-party coalition highlight the uneasy nature of the alliance, with the largest coalition partner, the People's party, rejecting the new mandate. Prime Minister Valdis Dombrovskis, from third-largest coalition party New Era, played down the conflict, but added that the People's party had not behaved constructively.This is not a vote about the coalition, this is a vote about the international loan programme, which has won majority support in parliament, he told reporters after the result. Fresh elections are scheduled to be held in October, although some analysts question the government's ability to hold on until then. Before the vote Mr Dombrovskis had warned that a rejection of the mandate would endanger Latvia's financial stability, potentially leading to credit rating cuts and interest rate hikes. The fractious coalition government of the small Baltic state of 2.2 million people is currently battling with an extremely tough economic situation after a decade-long boom imploded in 2008.Deep wage cuts have resulted in sporadic bursts of social unrest as the country battles the deepest recession of the EU's 27 member states, with unemployment currently exceeding 20 percent.
Currency devaluation as a means of potentially boosting the country's exports has also been ruled out by Latvia's policy makers, who have instead opted for a tight peg with the euro in the hope of joining the European currency club in the coming years. Financial markets have been nervous that Latvia's troubles could lead to regional contagion, although fears appear to have subsided in recent months. Sweden in particular has kept a close eye on Latvia's problems, with Swedish banks amongst the largest lenders in the region.
EU and US agree to increase airport security
VALENTINA POP 22.01.2010 @ 09:23 CET
EU and US interior ministers agreed on Thursday (21 January) to step up airport screening of passengers, increase onboard security and to improve data sharing after a failed attack last month on a US-bound flight departing from Amsterdam.Recognising their shared responsibility for preventing terrorist attacks on civil flights, ministers pledged to come up by April with concrete proposals on enhancing their security both on the ground and in the air.US home affairs chief Janet Napolitano said co-operation needed to be strengthened in the area of data collection, analysis and sharing, improvement of aviation standards and deployment of better screening technology.The EU commission has been mandated to speed up its evaluation of a Europe-wide roll out of body scanners, an issue which is still controversial for several member states and lawmakers concerned with privacy rights.Justice commissioner Jacques Barrot said a report will be soon published on the effectiveness of this technology, as well as its potential impact on health and its compatibility with individual rights.Ms Napolitano said the use of scanners is not the deciding factor nor essential for guaranteeing safety, although the US considers them as useful. It already has 40 up and running and plans to put 450 more in operation during this year. Great Britain and the Netherlands also have this technology in place, while France and Italy are carrying out feasibility tests. Others may follow suit: Germany, initially quite sceptical of these devices, now says it could reach a decision by mid-2010. It is not a question of acting under pressure, it is a question of national and European security, German interior minister Thomas de Maiziere said, as quoted by AFP.Air marshals, already operating on some US flights, could be introduced in Europe as well, DPA reports.Obviously, we are looking at the possibility of posting people on board (passenger flights) to maintain security,Mr Barrot told journalists in Toledo.
EU countries could also share passengers data among themselves, not only with the US, as is currently the case with the Passenger name record (PNR) system. Under a deal signed in 2007, EU airlines operating trans-Atlantic flights have to forward their PNR data to the US security authorities, but they do not have to share data systematically with the security services in EU states. The set up is as if a terrorist could not fly from London Heathrow to Madrid Barajas, Spanish interior minister Alfredo Rubalcaba said. The informal meeting hosted by the Spanish EU presidency comes one month after a Nigerian man linked to Al Qaeda tried to detonate a bomb aboard a US bound airliner which took off from Amsterdam.European security flops continued earlier this month, with a Slovak test in which one randomly planted plastic bomb failed to be identified by airport officials in Bratislava and landed together with an unknowing passenger in Dublin. Irish officials were informed only three days later that the man was part of an unconventional security test. On Wednesday, Munich's airport temporarily closed after a man's laptop computer set off alarms that indicated explosives might be present. The incident caused a series of flight cancellations and delays.
JOHN LOEFFLER
http://britanniaradio.blogspot.com/2010/01/john-loeffler-steel-on-steel-layers-of.html#links
TAMAR YONAH
http://britanniaradio.blogspot.com/2010/01/what-world-is-saying-about-jews-1182010.html#links
AARON KLEIN AUDIO
http://britanniaradio.blogspot.com/2010/01/wnd-on-air-aaron-klein-to-host-radio_18.html#links
http://britanniaradio.blogspot.com/2010/01/exposed-secret-talks-to-carve-up-israel.html#links
http://britanniaradio.blogspot.com/2010/01/hitlers-children-will-leave-you-totally.html#links
BANK REFORM STORIES
http://www.infowars.com/scandal-albert-edwards-alleges-central-banks-were-complicit-in-robbing-the-middle-classes/
http://www.infowars.com/banks-already-finding-ways-around-obama-financial-reforms/
http://www.infowars.com/economic-black-hole-20-reasons-why-the-u-s-economy-is-dying-and-is-simply-not-going-to-recover/
http://www.infowars.com/government-is-too-big-to-succeed/
http://www.youtube.com/watch?v=KcxLl8u30l8&feature=player_embedded
FARAH MISSION TO RESTORE AMERICA BACK
http://www.wnd.com/index.php?fa=PAGE.view&pageId=122633
ISLAM OUTRAGE OVER SCRIPTURES
http://www.wnd.com/index.php?fa=PAGE.view&pageId=122677
From The Times January 23, 2010-UN climate change expert: there could be more errors in report-Jeremy Page, South Asia Correspondent(Bob Strong/Reuters)Rajenda Pachauri
http://www.youtube.com/watch?v=vYj5baVfB0Y&feature=player_embedded
The Indian head of the UN climate change panel defended his position yesterday even as further errors were identified in the panel's assessment of Himalayan glaciers. Dr Rajendra Pachauri dismissed calls for him to resign over the Inter-governmental Panel on Climate Change’s retraction of a prediction that Himalayan glaciers could disappear by 2035. But he admitted that there may have been other errors in the same section of the report, and said that he was considering whether to take action against those responsible. I know a lot of climate sceptics are after my blood, but I’m in no mood to oblige them,he told The Times in an interview.It was a collective failure by a number of people,he said.I need to consider what action to take, but that will take several weeks. It’s best to think with a cool head, rather than shoot from the hip.
World misled over glacier meltdown
The IPCC’s 2007 report, which won it the Nobel Peace Prize, said that the probability of Himalayan glaciers disappearing by the year 2035 and perhaps sooner is very high. But it emerged last week that the forecast was based not on a consensus among climate change experts, but on a media interview with a single Indian glaciologist in 1999. The IPCC admitted on Thursday that the prediction was poorly substantiated in the latest of a series of blows to the panel’s credibility.
Dr Pachauri said that the IPCC’s report was the responsibility of the panel’s Co-Chairs at the time, both of whom have since moved on. They were Dr Martin Parry, a British scientist now at Imperial College London, and Dr Osvaldo Canziani , an Argentine meteorologist. Neither was immediately available for comment. I don’t want to blame them, but typically the working group reports are managed by the Co-Chairs, Dr Pachauri said. Of course the Chair is there to facilitate things, but we have substantial amounts of delegation.He declined to blame the 25 authors and editors of the erroneous part of the report , who included a Filipino, a Mongolian, a Malaysian, an Indonesian, an Iranian, an Australian and two Vietnamese. The co-ordinating lead authors were Rex Victor Cruz of the Philippines, Hideo Harasawa of Japan, Murari Lal of India and Wu Shaohong of China.But Syed Hasnain, the Indian glaciologist erroneously quoted as making the 2035 prediction, said that responsibility had to lie with them. It is the lead authors — blame goes to them,he told The Times.There are many mistakes in it. It is a very poorly made report.He and other leading glaciologists pointed out at least five glaring errors in the relevant section.
It says the total area of Himalyan glaciers will likely shrink from the present 500,000 to 100,000 square kilometers by the year 2035. There are only 33,000 square kilometers of glaciers in the Himalayas. A table below says that between 1845 and 1965, the Pindari Glacier shrank by 2,840m — a rate of 135.2m a year. The actual rate is only 23.5m a year.The section says Himalayan glaciers are receding faster than in any other part of the world” when many glaciologists say they are melting at about the same rate. An entire paragraph is also attributed to the World Wildlife Fund, when only one sentence came from it, and the IPCC is not supposed to use such advocacy groups as sources. Professor Hasnain, who was not involved in drafting the IPCC report, said that he noticed some of the mistakes when he first read the relevant section in 2008. That was also the year he joined The Energy and Resources Institute (TERI) in Delhi, which is headed by Dr Pachauri. He said he realised that the 2035 prediction was based on an interview he gave to the New Scientist magazine in 1999, although he blamed the journalist for assigning the actual date. He said that he did not tell Dr Pachauri because he was not working for the IPCC and was busy with his own programmes at the time. I was keeping quiet as I was working here, he said.My job is not to point out mistakes. And you know the might of the IPCC. What about all the other glaciologists around the world who did not speak out? Dr Pachauri also said he did not learn about the mistakes until they were reported in the media about 10 days ago, at which time he contacted other IPCC members. He denied keeping quiet about the errors to avoid disrupting the UN summit on climate change in Copenhagen, or discouraging funding for TERI’s own glacier programme. But he too admitted that it was really odd that none of the world’s leading glaciologists had pointed out the mistakes to him earlier.Frankly, it was a stupid error,he said.But no one brought it to my attention.
TARP overseer: The banks will own all of us without reform
David Edwards and Muriel Kane Raw Story Saturday, January 23rd, 2010
The head of the Congressional Oversight Panel created in 2008 to oversee the TARP bank bailout says that President Obama’s proposal on Thursday to limit both the size of the major banks and the risks in which they can engage is very important.Harvard law professor Elizabeth Warren told MSNBC’s Rachel Maddow,I head him say, We’re going to break apart too-big-to-fail, and we’re going to have an answer so that every financial institution, if it makes big enough mistakes, if it takes big enough risks and loses, every one of them can, in the end, die.The financial institutions have pushed him hard, Warren said of the president.They’ve pushed Congress hard. He’s pushing right back. … What I see is that the president is now going to go straight to the people, and he’s not going to let deals be cut in the back room. … The time is upon us. Either you vote for the banks, and you do it in a big public way, or you vote for the people.Warren emphasized that even though TARP is winding down, the bailout has left us with the reminder that You know, when it comes right down to it with these very large financial institutions, we will throw as many taxpayers under the bus as it takes to save them.She insisted, however, that Obama’s reform proposals amount to a statement that we just can’t afford to do that any more.
Without that,Warren remarked,quite frankly, our economy just can’t function. Those big banks really will own all of us.How are you feeling about the politics here? Maddow asked, citing resistance from Wall Street.I’m a teacher, I’m not a politician,Warren replied. But I feel better than I’ve felt in a long time.This video is from MSNBC’s The Rachel Maddow Show, broadcast Jan. 21, 2010.
http://www.prisonplanet.com/tarp-overseer-the-banks-%e2%80%98will-own-all-of-us%e2%80%99-without-reform.html
Iran Calls for End to U.S. Dollar Hegemony
Press TV January 20, 2010
Iran’s Foreign Minister Manouchehr Mottaki says adopting regional approaches can ensure sustainable security and stability in the Caucasus region.In a Wednesday meeting with former Armenian president Robert Kocharian in Tehran, Mottaki highlighted the age-old relations between Iran and Armenia and stressed the importance of maintaining calm in the Caucasus.The stability and security of the Caucasus must be strengthened with regional approaches.The interests of regional countries are served by strategic approaches that resolve regional woes and crises in the Caucasus region and guarantee sustainable security there, Mottaki was quoted as saying.The senior Iranian diplomat added that faulty economic systems were to blame for the global economic recession.This [global economic] crisis revealed that the approaches based on post-WWII theories are no longer applicable and world countries by adopting new economic policies must lessen the role US dollar in transactions as well as their dependence on international monetary organizations.
Kocharian, for his part, pointed to the relations between Iran and Armenia, saying, We will make every effort to expand relations with Iran.He went on to describe the presence of foreign troops in the Caucasus as harmful to the security and stability of regional states, adding that regional approaches are the best solution for development and stability.
SATAN COMES AGAINST ISRAEL
1 CHRONICLES 21:1
1 And Satan stood up against Israel, and provoked David to number Israel.
SCOFFERS MOCKING CHRISTS LITERAL 2ND COMING TO EARTH BODILY.
2 PETER 3:3-7
3 Knowing this first, that there shall come in the last days scoffers, walking after their own lusts,
4 And saying, Where is the promise of his coming? for since the fathers fell asleep, all things continue as they were from the beginning of the creation.
5 For this they willingly are ignorant of, that by the word of God the heavens were of old, and the earth standing out of the water and in the water:
6 Whereby the world that then was, being overflowed with water, perished:
7 But the heavens and the earth, which are now, by the same word are kept in store, reserved unto fire against the day of judgment and perdition of ungodly men.
College defends prof who mocked Christians-Seeks restoration of policy under which student told ask God for grade January 23, 2010 12:25 am Eastern
By Bob Unruh 2010 WorldNetDaily
Los Angeles City College professor's evaluation of student's speech, marked with the words, Ask God what your grade is.A California college is asking the 9th U.S. Circuit Court of Appeals to restore a policy at the center of a case in which a professor berated a Christian student with the suggestion, Ask God what your grade is.The Los Angeles Community College District, the nation's largest community college system, filed the appeal of a lower-court decision in favor of student Jonathan Lopez, represented by the Alliance Defense Fund. As WND reported, Lopez, a student at Los Angeles City College, was delivering a speech on his Christian faith in speech class when professor John Matteson interrupted him, called him a fascist b----rd for mentioning a moral conviction against homosexual marriage. The professor later told the student to ask God what your grade is.Matteson also warned on his evaluation of Lopez's speech, Proselytizing is inappropriate in public school, and later threatened to have the student expelled. The subsequent lawsuit by the ADF targeted the school for the professor's comments but also sought removal of a campus sexual harassment and speech policy that court documents explained systematically prohibits and punishes political and religious speech by students that is outside the campus political mainstream.In his ruling, U.S. District Judge George H. King determined the campus policy was unconstitutionally overbroad and ordered it to be stricken from the college's website. Is free speech dead on arrival? Get the book that shows how Americans are being punished for stepping out of line! The college then told the judge it wanted him to reconsider the case, to which the judge responded,Defendants do not get a mulligan simply because they chose to retain new counsel.The appeal by the college district to the 9th Circuit followed.
The precedent the college seeks has attracted the attention of other free-speech advocates, including the Foundation for Individual Rights in Education, FIRE, which battles college speech restrictions nationwide. FIRE has filed a brief in the case arguing the community college's policy contradicts both decades of legal precedent and the guidance of the federal Department of Educations Office for Civil Rights.The brief contends if the district police is permitted, it would gravely endanger the free speech rights of LACCD students and exacerbate the free speech crisis on America's college campuses.By continuing to defend an indefensible and unconstitutional speech code with this appeal, LACCD has proven not only that it does not care about its students' First Amendment rights, but that it doesn't care about wasting taxpayer dollars to argue against the Bill of Rights in court, said Will Creeley, FIRE's director of legal and public advocacy.FIRE is confident that the Ninth Circuit will recognize the impermissible flaws in LACCD's policy and reject this misguided appeal.The policy the school wants affirmed banishes generalized sexist statements as well as actions and behavior that convey insulting, intrusive or degrading attitudes/comments about women or men.Despite over two decades of federal jurisprudence finding policies precisely like LACCD's unconstitutional, LACCD is shamefully attempting to deny its students the First Amendment rights to which they are legally entitled,FIRE President Greg Lukianoff said.FIRE's brief explains why the Ninth Circuit must affirm the district court's decision and make LACCD's sexual harassment policy the latest addition to an unbroken string of unconstitutional codes struck down in federal court.
Judge King granted a preliminary injunction halting the enforcement of the policy because of its First Amendment violations. He then refused to grant the college's motion for reconsideration, calling the college arguments scattershot and disjointed.
Lopez had quoted Romans 10:9,Because, if you confess with your mouth that Jesus is Lord and believe in your heart that God raised him from the dead, you will be saved.
He told ADF, Colleges are supposed to be safe for free speech and the discussion of many ideas. What has happened to me is an assault on my constitutional rights. A victory in this case will guarantee that every student who attends the school now and in the future is allowed to freely express their beliefs, religious or otherwise, without fear.ADF Litigation Staff Counsel David Hacker said at that time if the school cared about free speech rights of students,they should not desire to pursue enforcement of such a bad policy.Lopez was participating in a class assignment to give a speech on any topic from six to eight minutes. During the November, 24, 2008 class, Mr. Lopez delivered an informative speech on God and the ways in which Mr. Lopez has seen God act both in his life and in the lives of others through miracles,ADF said.In the middle of the speech, he addressed the issues of God and morality; thus, he referred to the dictionary definition of marriage as being between a man and a woman and also read a passage from the Bible discussing marriage.Those comments led to the outburst from the professor, who canceled the remaining class period and mocked Lopez's faith on his grading review. By regulating speech on the basis of its content, no matter how disparaging or sexist, LACCD proposes to appoint itself (or complaining students) the judge of what speech shall be allowed on campus, FIRE official said in the brief.Such a result cannot be squared with the Supreme Court's pronouncement, issued time and again,that content discrimination isn't allowed. It also argued that the college's citation of the state education code wasn't valid. The rights enshrined in our nation's Constitution, including the guarantees of the First Amendment, are the highest law of the land, and they cannot be superseded by state statute or regulation, the brief argued.
France says U.N. must take tough action against Iran
Fri Jan 22, 12:46 pm ET
PARIS (Reuters) – The United Nations should adopt strong measures against Iran to persuade Iranian leaders to engage in meaningful discussion about their nuclear program, French President Nicolas Sarkozy said on Friday.Addressing diplomats based in France, Sarkozy said the European Union should also assume its responsibilities in putting pressure on Tehran to enter into negotiations.To hesitate or to prevaricate in the face of such an issue would carry with it a great weight of responsibility, Sarkozy said.The only aim of sanctions is to lead Iran to the negotiating table,he added.Iran has ignored U.S. President Barack Obama's end-2009 deadline to respond to an offer from six world powers of economic and political incentives in exchange for halting its uranium enrichment program.However, U.N. security council members, Russia and China, both appear reluctant to impose more sanctions on Iran. Russian Foreign Minister Sergei Lavrov said earlier on Friday that world powers should beware of pushing Iran into a corner.
But Sarkozy said the time had come for the international community to draw the consequences of Iran's refusal to talk.Despite all our efforts, and a new engagement by the United States, and despite our ambitious proposals for cooperation, the Iranian authorities are blocked in a one-way street of proliferation and radicalism, Sarkozy said.Today, they have added to that the brutal repression of their own people,he added.France wants the (U.N. Security) Council to adopt strong measures and for the European Union as well to assume its responsibilities, he said.He added that North Korea should be treated in similar fashion to force it to meet its international obligations.(Reporting by Crispian Balmer; editing by James Mackenzie and Matthew Jones)
Govt raises terror threat to severe by Alice Ritchie – JAN 23,10
LONDON (AFP) – The government has raised its terror threat assessment from substantial to severe, suggesting an attack was highly likely, ahead of international meetings on Yemen and Afghanistan in London next week.Home Secretary Alan Johnson announced the change on Friday, four weeks after the attempted bombing of an airliner heading from Amsterdam to the US city of Detroit.Johnson said the Joint Terrorism Analysis Centre, the assessment unit within the MI5 domestic intelligence agency, had taken the decision to up the threat level.This means that a terrorist attack is highly likely, but I should stress that there is no intelligence to suggest that an attack is imminent, he said.Johnson refused to say whether the amended assessment -- now four on a scale of five -- was linked to the attempted attack on the Northwest Airlines flight on December 25.We never say what the intelligence is, he said, adding: It shouldn't be thought to be linked to Detroit or anywhere else for that matter.But a US official, who requested anonymity, said that's the implication.The US Department of Homeland Security said the announcement brought Britain in line with US security measures introduced over the last few weeks.
The 23-year-old Nigerian man charged with trying to blow up the Detroit-bound plane with explosives hidden in his underwear was believed to have trained in Yemen after studying in London. Al-Qaeda claims it sent him on the mission.Johnson said the higher threat level meant Britain put more resources in, we heighten the state of vigilance.He stressed Britain continued to face a real and serious threat and urged the public to remain vigilant.The threat level was last at severe in July last year when it was downgraded to substantial, suggesting an attack remained a strong possibility.Alex Carlile, the British government's independent reviewer of anti-terror legislation, said the move was aimed at making the public more aware, but was not designed to scare people.He said: The government has quite rightly decided that if you don't tell the public to be vigilant, they're not going to be vigilant.The message from the current change of assessment is not that we should be more afraid, but that we should be a little bit more vigilant than we have been.Mike Granatt, a former security official in the British government, told BBC radio: The main reason for alert states is to warn people who have a specific task that they ought to do something differently, they ought to be taking more steps or they ought to move to a different phase of the security plan.
India has increased security at its airports and warned domestic airlines about a possible hijack attempt after a tip-off from Western intelligence services, but there was no suggestion of any link to Britain's move.Prime Minister Gordon Brown on Wednesday reiterated the threats Britain faced as he announced the suspension of direct flights from Yemen until new security measures were in place. Brown said the Afghanistan-Pakistan border remained the crucible of terrorism, but the failed Detroit attack highlighted the threat from Yemen-based militants. A meeting in Britain on Wednesday was aimed at strengthening international support for Yemen in its efforts to combat Al-Qaeda. The day after, President Hamid Karzai would attend a high-level conference in London on the way forward in violence-scarred Afghanistan. US Secretary of State Hillary Clinton would also take part. Britain has been targeted by a number of attempted bombings in recent years, following the attacks of July 7, 2005, when four suicide bombers killed themselves and 52 others on the London transport system. Since the threat levels have been made public, they have twice briefly been raised to the top critical level, meaning an attack was expected imminently. The first time was in August 2006, after a plot to down transatlantic airliners was uncovered, and the second in June 2007, after car bombs failed to detonate in London and a burning Jeep was driven into Glasgow airport in an attempted attack.
Pope to priests: Go forth and blog By Ariel David, Associated Press Writer – Sat Jan 23, 7:33 am ET
VATICAN CITY – Pope Benedict XVI has a new commandment for priests struggling to get their message across: Go forth and blog.The pope, whose own presence on the Web has heavily grown in recent years, urged priests on Saturday to use all multimedia tools at their disposal to preach the Gospel and engage in dialogue with people of other religions and cultures.And just using e-mail or surfing the Web is often not enough: Priests should use cutting-edge technologies to express themselves and lead their communities, Benedict said in a message released by the Vatican.The spread of multimedia communications and its rich menu of options might make us think it sufficient simply to be present on the Web, but priests are challenged to proclaim the Gospel by employing the latest generation of audiovisual resources,he said.The message, prepared for the World Day of Communications, suggests such possibilities as images, videos, animated features, blogs, and Web sites.
Benedict said young priests should become familiar with new media while still in seminary, though he stressed that the use of new technologies must reflect theological and spiritual principles.Priests present in the world of digital communications should be less notable for their media savvy than for their priestly heart, their closeness to Christ, he said.The 82-year-old pope has often been wary of new media, warning about what he has called the tendency of entertainment media, in particular, to trivialize sex and promote violence, while lamenting that the endless stream of news can make people insensitive to tragedies.But Benedict has also praised new ways of communicating as a gift to humanity when used to foster friendship and understanding.
The Vatican has tried hard to keep up to speed with the rapidly changing field.
Last year it opened a YouTube channel as well as a portal dedicated to the pope. The Pope2You site gives news on the pontiff's trips and speeches and features a Facebook application that allows users to send postcards with photos of Benedict and excerpts from his messages to their friends.Many priests and top prelates already interact with the faithful online. One of Benedict's advisers, Cardinal Crescenzio Sepe, the archbishop of Naples, has his own Facebook profile and so does Cardinal Roger Mahony, archbishop of Los Angeles.In Saturday's message — titled The priest and pastoral ministry in a digital world: new media at the service of the Word — Benedict urged special care in contacts with other cultures and beliefs.A presence on the Web, precisely because it brings us into contact with the followers of other religions, nonbelievers and people of every culture, requires sensitivity to those who do not believe, the disheartened and those who have a deep, unarticulated desire for enduring truth and the absolute, he said.Monsignor Claudio Maria Celli, who heads the Vatican's social communications office, said that Benedict's words aimed to encourage reflection in the church on the positive uses of new media.That doesn't mean that (every priest) must open a blog or a Web site. It means that the church and the faithful must engage in this ministry in a digital world, Celli told reporters. At some point, a balance will be found.Celli, 68, said that young priests would have no trouble following the pope's message, but, he joked,those who have a certain age will struggle a bit more.On the Net: http://pope2you.net
http://www.vatican.va
150 bodies found in wells after Nigerian massacre by Aminu Abubakar – JAN 23,10
JOS, Nigeria (AFP) – At least 150 bodies were recovered from wells following deadly Muslim-Christian clashes in central Nigeria, a village headman said Saturday, taking the unofficial death toll past 400.So far we have picked 150 bodies from the wells. But 60 more people are still missing, Umar Baza, head of Kuru Karama village near the city of Jos, told AFP by telephone.We took an inventory of the displaced people from this village, sheltering in three camps, and we realise that 60 people can still not be accounted for, he said.We believe there are more bodies in the wells.
The Head of the Muslim volunteer team for the victims' burial, Mohammed Shittu, said further searches would be carried out on Saturday.Now we have 150 bodies in all, taken from the wells as from Thursday,he told AFP.From the account of survivors, some people fleeing attacks were ambushed and killed in the bush. That is why we are going there to search for more bodies.Global rights watchdog Human Rights Watch (HRW) on Saturday urged Vice President Goodluck Jonathan to order an immediate criminal investigation into credible reports of a massacre of at least 150 Muslim residents of a town in central Nigeria.A Muslim official who visited Kuru Karama to arrange for the burial of bodies told HRW that 121 corpses had been recovered, including those of 22 young children.Dozens of them were stuffed down wells or in sewage pits,HRW said in a statement.
The state government has given no official death toll for the violence, which broke out last Sunday in Jos, capital of Plateau State, and spread to nearby towns and villages.Some 18,000 people fled the fighting to take refuge in military barracks, churches and mosques around the city, according to the Red Cross, as the government called in the army to restore order.Religious leaders and medical workers said they had counted 288 bodies by Wednesday, before the dead started to be recovered from Kuru Karama, a Muslim enclave in a Christian region 30 kilometres (18 miles) south of Jos.Another 26 bodies were found and buried Saturday in a Jos cemetery.These 26 bodies buried were picked up today (Saturday) in two locations affected by the violence in Jos -- Rusau and Anguwar Rukuba, Shittu told AFP.HRW quoted witnesses as saying groups of armed men -- believed to be Christians -- attacked the largely Muslim population of Kuru Karama on Tuesday morning.After surrounding the town, they hunted down and attacked Muslim residents, some of whom had sought refuge in homes and a local mosque, killing many as they tried to flee and burning many others alive,the statement said.Christian and Muslim leaders in Plateau State have both said the unrest owed more to the failure of political leaders to address ethnic differences than to inter-faith rivalries. Jonathan pledged that the ringleaders responsible for the violence would be brought to justice, and ordered the army to take over security of the affected regions and sensitive neighbouring areas. The federal government is determined to secure convictions of the perpetrators of this crime, no matter how highly placed, he said in a broadcast late Thursday. Jos has been a hotbed of religious violence in Nigeria, whose 150 million people are divided almost equally between followers of the two faiths. An estimated 200 people were killed in religious clashes in the city in late 2008. Business was slowly picking up in Jos Saturday with more more shops opening and roadside hawkers displaying their wares, while long queues of residents scrambled for water at public taps. Although no military patrols were visible, checkpoints still remained.
Canada sets new time for monthly budget update
Fri Jan 22, 10:53 am ET
OTTAWA (Reuters) – The Canadian finance ministry will release its monthly budget update, the fiscal monitor, at 12 noon (1700 GMT) on Friday instead of at 11 a.m., a spokeswoman said.(Reporting by Louise Egan; editing by Peter Galloway)
White House fights for Bernanke support in Senate By JEANNINE AVERSA and JIM KUHNHENN, Associated Press Writers – Fri Jan 22, 8:20 pm ET
WASHINGTON – Federal Reserve Chairman Ben Bernanke encountered new Senate opposition Friday for another four-year term as the White House worked aggressively to keep his support from eroding further.President Barack Obama's chief of staff, Rahm Emanuel, and Treasury Secretary Timothy Geithner were on the phone throughout the day to key senators to shore up votes, said two senior administration officials, speaking on condition of anonymity to more freely discuss behind-the-scenes activity.On Friday, three Democrats — Sens. Russ Feingold of Wisconsin, Barbara Boxer of California and Jeff Merkley of Oregon — announced they would vote against Bernanke's confirmation. A fourth Democrat — Sen. Byron Dorgan of North Dakota, announced his opposition Thursday.And at least three senators who voted for Bernanke in the Senate Banking Committee last month were weighing their support.Despite the Democratic defections, the administration's concerns about the status of the nomination were lessened somewhat by the knowledge that several Republicans were committed for Bernanke, one official said.Sen. Judd Gregg, R-N.H., joined the White House Friday in expressing confidence that Bernanke would be confirmed.
I'm fairly confident we will get a strong vote from Republicans — it may not be a majority vote but it will be a strong vote, said Gregg, a member of the Senate Banking Committee and former Budget Committee chairman.No one was declaring Bernanke's confirmation doomed, but the emergence of opposition and the shift by some to undecided reflected public anger over Wall Street bailouts that Bernanke helped engineer. It also signaled discomfort with Obama's economic policies, particularly in the wake of Tuesday's surprise Republican Senate victory in Massachusetts.In a boost for Bernanke, Senate Majority Leader Harry Reid of Nevada came out late Friday and endorsed him. Reid's previous silence about his position on the Fed chief stoked concerns about the nomination. An expert on the Great Depression, Chairman Bernanke helped steer us away from a second one, Reid said. Still, he said Bernanke must redouble his efforts to help struggling Americans.
Merkley, who opposed Bernanke in committee, said Friday he was opposing Bernanke's nomination. He blamed Bernanke not only for missing signs of the smoldering crisis. Ben Bernanke helped set the fire, Merkley said.Added Boxer: It is time for a change —it is time for Main Street to have a champion at the Fed, Boxer said.White House deputy press secretary Bill Burton, talking to reporters as Obama headed to Ohio Friday, said the president has a great deal of confidence in the actions Bernanke already has taken and believes he's the best person for the job.Burton said the White House still believes that Bernanke, 56, will get enough votes in the Senate to run the nation's central bank for another four years.Bernanke faces a 60-vote Senate hurdle because Sen. Bernie Sanders, an independent liberal from Vermont, has placed a hold on the nomination. That means it will require a super-majority to bring the nomination to a vote. The actual vote on confirmation would still be a simple majority.The political waters have been getting rougher for Bernanke, and the Senate confirmation vote may be much tighter than many had anticipated just a month ago. Counting votes against him in committee, Bernanke has at least 10 senators publicly against him.Bernanke has no real Senate constituency with either party because he was appointed to his first term by President George W. Bush but is now closely linked to Obama's economic policies. Obama was not expected to hold it against Democrats who oppose Bernanke on the floor.
A spokeswoman for Sens. Sherrod Brown, D-Ohio, who voted for Bernanke in committee, said he is now undecided. Sen. Robert Menendez, D-N.J., was in the same position after supporting him in committee, according to a Democratic aide who would speak only anonymously because the senator hasn't announced his position. And Sen. Bob Corker, R-Tenn., one of four Republicans to side with Bernanke in committee, said that while he wants to support him and is carefully examining Bernanke's record,I do reserve the right to vote against him — a view he expressed in committee last month.
Corker said a strong argument for Bernanke is that he is best equipped to mop up massive amounts of money pumped into the economy during the crisis to avert another dangerous problem: an outbreak of inflation. On the other hand, at some point you have to weigh that against the fact that regardless of what he's done, even if everything he's done has been perfect, you've got to understand that trust that the public has in the Fed today has been greatly diminished by the activities that have taken place over the last couple of years,Corker said in an interview. A time for a vote still hasn't been set. Officials at one time had hoped that it would come this week. Bernanke's term expires on Jan. 31. Don Stewart, spokesman for Senate Republican leader Mitch McConnell of Kentucky, said that Democrats had asked GOP leaders to measure support among Republicans. We didn't think we'd even have to count,Stewart said. If Bernanke is not confirmed before his term expires, Fed Vice Chairman Donald Kohn would probably step in as chairman and run the central bank on a temporary basis. While praised for preventing the recession from turning into another depression, Bernanke's support of Wall Street bailouts — especially the $182 billion rescue of insurance giant American International Group Inc. — has touched a nerve on Main Street. The whole AIG issue — you'd have to be asleep not to know that that has certainly clouded the issue,Corker said. Associated Press writers Andrew Taylor, Laurie Kellman, Jennifer Loven, Alan Fram and Philip Elliott contributed to this report.
Goldman under investigation for its securities dealings By Greg Gordon, McClatchy Newspapers – Fri Jan 22, 7:44 pm ET
WASHINGTON — One of Congress' premier watchdog panels is investigating Goldman Sachs' role in the subprime mortgage meltdown, including how the firm sold securities backed by risky home loans while it simultaneously bet that those bonds would lose value, people familiar with the inquiry said Friday.The investigation is part of a broader examination by the Senate Permanent Subcommittee on Investigations into the roots of the economic crisis and whether financial institutions behaved improperly, said the individuals, who insisted upon anonymity because the matter is sensitive.Disclosure of the investigation comes amid a darkening mood at the White House , in Congress and among the American public over the long-term economic impact of the subprime crisis, prompting demands to hold the culprits accountable.It marks at least the third federal inquiry touching on Goldman's dealings related to securities backed by risky home mortgages.The separate, congressionally appointed Financial Crisis Inquiry Commission , which was created to investigate causes of the crisis, began holding hearings Jan. 13 and took sworn testimony from Goldman's top officer. In addition, the Securities and Exchange Commission , which polices Wall Street , is investigating Goldman's exotic bets against the housing market, using insurance-like contracts known as credit-default swaps, in offshore deals, knowledgeable people have told McClatchy .
Goldman, the world's most prestigious investment bank, has denied any improprieties and said that the use of hedges, or contrary bets, is a cornerstone of prudent risk management.Asked about the Senate inquiry late Friday, Goldman spokesman Michael DuVally said only: As a matter of policy, Goldman Sachs does not comment on legal or regulatory matters.A spokeswoman for the Senate subcommittee declined to comment on the investigation, which was spawned by a four-part McClatchy series published in November that detailed the Wall Street firm's role in the debacle, which stemmed from subprime loans to millions of marginally qualified borrowers.The subcommittee, part of the Homeland Security and Governmental Affairs Committee , is led by veteran Democratic Sen. Carl Levin of Michigan , who said last year that his panel was looking into some of the causes and consequences of the financial crisis.The panel has a history of conducting formal, highly secretive investigations in which it typically issues subpoenas for documents and witnesses, produces extensive reports and sometimes refers evidence to the Justice Department for possible criminal prosecution.It couldn't immediately be learned whether the panel has subpoenaed Goldman executives or company records. However, the subcommittee has issued at least one major subpoena seeking records related to Seattle -based Washington Mutual , which collapsed in September 2008 after being swamped by losses from its subprime lending. J.P. Morgan Chase then purchased WaMu's banking assets.Goldman was the only major Wall Street firm to safely exit the subprime mortgage market. McClatchy reported, however, that Goldman sold off more than $40 billion in securities backed by over 200,000 risky home loans in 2006 and 2007 without telling investors of its secret bets on a sharp housing downturn, prompting some experts to question whether it had crossed legal lines.
McClatchy also has reported that Goldman peddled unregulated securities to foreign investors through the Cayman Islands , a Caribbean tax haven, in some cases exaggerating the soundness of the underlying home mortgages. In numerous deals, records indicate, the company required investors to pay Goldman massive sums if bundles of risky mortgages defaulted. Goldman has said its investors were fully informed of the risks.Federal auditors found that Goldman placed $22 billion of its swap bets against subprime securities, including many it had issued, with the giant insurer American International Group . In late 2008, when the government bailed out AIG, Goldman reaped $13.9 billion — a gigantic return on the modest premiums it had paid under the contracts.Goldman's chairman and chief executive, Lloyd Blankfein , appeared to acknowledge last week that the firm behaved inappropriately when he was asked about the secret bets in sworn testimony to the Financial Crisis Inquiry Commission .Blankfein first said that the firm's contrary trades were the practice of a market maker, then added: But the answer is I do think that the behavior is improper, and we regret the result — the consequence that people have lost money in it.A day later, Goldman issued a statement denying that Blankfein had admitted improper company behavior and said that his ensuing answer stressed that the firm's conduct was entirely appropriate.Senate investigators were described as having pored over Goldman's SEC filings in recent weeks. Underscoring the breadth of the Senate investigation is the disclosure by federal banking regulators in a recent filing in the WaMu bankruptcy case. In it, the Federal Deposit Insurance Corp. revealed that the Senate subcommittee had served the agency with a comprehensive subpoena for documents relating to WaMu, whose primary regulator was the Office of Thrift Supervision .The subcommittee's jurisdiction is wide-ranging,the FDIC's lawyers wrote.It covers, among other things, the study or investigation of the compliance or noncompliance of corporations, companies, or individual or other entities with the rules, regulations and laws governing the various governmental agencies and their relationships with the public.The subpoena, they said,is correspondingly broad.
The Puget Sound Business Journal first reported on the FDIC's disclosure. Goldman's former chairman, Henry Paulson , served as Treasury secretary during the bailouts that benefitted the firm and while other Wall Street investment banks foundered because of their subprime market exposure, its profits have soared. In reporting a $13.4 billion profit for 2009 on Thursday, the bank sought to quell a furor over its taxpayer-aided success by scaling back employee bonuses. It also has limited bonuses for its 30 most senior executives to restricted stock that can't be sold for five years.
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Saturday, January 23, 2010
ALLTIME
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