STOCK RESULTS APRIL 16,2010

SOETOROS FREINDS AT GOLDMAN-SACHS ARE FINALLY BEING CHARGED WITH FRAUD.GOLDMAN-SACHS MISSTATED,OMITTED KEY FACTS RELATED TO SUBPRIME SECURITIES.PAULSON AND COMPANY HAD A HAND IN STRUCTURING CDOS IN QUESTION.THE MARKET IS DIVING,GOLD IS DOWN,THE DOLLAR IS DROPPING ALL DUE TO THE SOETORO-OBAMAS FRIENDS BEING CHARGED AT GOLDMAN SACHS.MOST OF SOETORO-OBAMAS ADMINISTRATION WORKED WITH OR FOR GOLDMAN SACHS AT ONE TIME OR ANOTHER.ITS 11 AM APR 16,10

2PM APR 16,10
NOW ITS REVEALED A FOREIGN BANK MAY HAVE BEEN INVOLVED TO INTICE GOLDMAN SACHS TO DO THIS SCAM.MY GUESS IS THIS WILL REVEAL THE FEDERAL RESERVE WAS INVOLVED AND MY GUESS IS THE FOREIGN BANK WILL END UP TO BE THE IMF.WE WILL SEE AS THIS FRAUD CONTINUES.THIS IS A PERFECT TIME TO AUDIT AND ABOLISH THE FED.

HOWS THIS FOR ADVANCES,DECLINES AFTER THE GOLDMAN SACHS CIVIL COMPLAINT CHARGES.

ADVANCES 971-26%
DECLINES 2616-71%
UNCHANGED-116-3%

DOWN VOLUME 2,132,786,307
UP VOLUME 427,706,352 AS OF 11:50AM

DOW IS FALLING BELOW 11,000,S&P IS DROPPING BELOW 1,200.
GOLDMAN-SACHS IS DOWN 13% AT 12:30PM

AT 4:23PM APR 16,10 GOLDMAN IS AT $160.00 A SHARE DOWN 23.67 FROM OPEN TODAY.

HERES AN INTERESTING HEADLINE IN A HANOVER ONTARIO NEWSPAPER:MASSONICh.I.P PROGRAM IN WALKERTON THIS WEEKEND.

THE ONE WORLD GOVERNMENT GROUP MASONIC LODGE IS HOSTING A MICROCHIP IMPLANT IN CHILDREN SCAM TO SAY ITS A SAFETY ISSUE WHEN WE KNOW ITS A CONTROL OF OUR LIVES SYSTEM.....WHAT DECEPTION.

MASONIC SCARE STATISTICS-55 CHILDREN A DAY MISSING AND 164 IN CANADA A DAY MISSING.I QUOTE FROM THE ARTICLE BY LAURA MACDUFF-CHILDREN WHO TAKE PART IN THE PROGRAM WILL LEAVE WITH A COMPLETE SET OF RECORDS THAT WILL HELP EMERGENY WORKERS IN A TIME OF CRISES.ON THAT DAY,EACH CHILD WILL LEAVE WITH A KIT THAT HOLDS VITAL INFORMATION.THE KIT WILL BE COMPLETE WITH 5 COMPONENTS:DIGITAL PHOTOGRAPHS,DIGITAL VIDEO,DIGITAL FINGERPRINTS,VITAL CHILD INFORMATION,AND A DENTAL BIT IMPRESSION OR INTRAORAL SWAB FOR DNA.IT TAKES 15 TO 20 MINUTES FOR ONE CHILD TO GO THROUGH THE PROCESS.THE INFORMATION IS THEN BURNED TO A CD THAT IS COMPATIBLE WITH AMBER ALERT.THEY CLAIM CHILDRENS INFORMATION WILL BE KEPT CONFIDENTIAL.MY OWN ANSWER CONFIDENTIALLY IN A DATA BASE TO TRACK THE CHILDREN AND THEN WHEN THE INFORMATION IS IMPLANTED ON A MICROCHIP AND FORCED IN THE CHILDS BODY,THE CHILD THEN CAN BE TRACKED IN EVERY AREA OF THEIR LIVES.THIS IS A SCAM OF CONTROL UNDER THE GUISE OF CHILDRENS SAFETY.

175 CHILDREN WERE PROCESSED IN APRIL 2009.THIS ARTICLE SAYS CHILDREN CAN COME FROM ALL OVER TO GET THIS DONE.THE PROGRAM HAS BEEN TAKING PLACE IN WALKERTON SINCE 2008.

SEC accuses Goldman Sachs of civil fraud
APR 16,10

WASHINGTON – The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.The Securities and Exchange Commission announced Friday civil fraud charges against the Wall Street powerhouse and one of its vice presidents. The agency alleges Goldman failed to disclose that one of its clients helped create — and then bet against — subprime mortgage securities that Goldman sold to investors.Investors in the mortgage securities are alleged to have lost more than $1 billion, the SEC noted.The Goldman client implicated in the fraud is one of the world's largest hedge funds, Paulson & Co., which paid Goldman roughly $15 million for structuring the deals in 2007.

Goldman Sachs shares fell more than 10 percent after the SEC announcement.

The civil lawsuit filed by the SEC in federal court in Manhattan was the government's most significant legal action related to the mortgage meltdown that ignited the financial crisis and helped plunge the country into recession.A Goldman Sachs spokesman didn't immediately return a call seeking comment.The agency also charged a Goldman vice president, Fabrice Tourre, 31, who it said was principally responsible for devising the deal and marketing the securities.The SEC is seeking unspecified fines and restitution from Goldman Sachs and Tourre.The product was new and complex, but the deception and conflicts are old and simple, SEC Enforcement Director Robert Khuzami said in a statement.Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.

SEC accuses Goldman Sachs of civil fraud By Marcy Gordon, Ap Business Writer – APR 16,10

WASHINGTON – The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.The Securities and Exchange Commission said in a civil complaint Friday that Goldman failed to disclose that one of its clients helped create — and then bet against — subprime mortgage securities that Goldman sold to investors.Investors in the mortgage securities lost more than $1 billion, the SEC said. The agency is seeking to recoup profits reaped on the deal.Goldman Sachs denied the allegations. In a statement, it called the SEC's charges completely unfounded in law and fact and said it will contest them.The charges come as lawmakers seek to crack down on Wall Street practices that helped cause the financial crisis. Among proposals Congress is weighing are tougher rules for complex investments like those involved in the alleged Goldman fraud.The Goldman client implicated in the fraud is one of the world's largest hedge funds, Paulson & Co., which paid Goldman roughly $15 million for structuring the deals in 2007.Goldman Sachs shares fell more than 13 percent after the SEC announcement, which also caused shares of other financial companies to sink. The Dow Jones industrial average fell more than 140 points in midday trading.

The civil lawsuit filed by the SEC in federal court in Manhattan was the government's most significant legal action related to the mortgage meltdown that ignited the financial crisis and helped plunge the country into recession. The SEC's enforcement chief said the agency is investigating a broad range of practices related to the crisis.The agency also charged a Goldman vice president, Fabrice Tourre, 31, who it said was principally responsible for devising the deal and marketing the securities.The SEC is seeking unspecified fines and restitution from Goldman Sachs and Tourre.Asked why the SEC did not also pursue a case against Paulson, Enforcement Director Robert Khuzami said: It was Goldman that made the representations to investors. Paulson did not.Goldman told investors that a third party, ACA Management LLC, had selected the underlying mortgages in the investment. But, the SEC alleges, Goldman misled investors by failing to disclose that Paulson & Co. also played a role in selecting the mortgages and stood to profit from their decline in value.Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party,Khuzami said in a statement.

The SEC charges come after Goldman Sachs denied last week it bet against clients by selling them mortgage-backed securities while reducing its own exposure to them.In an annual letter to shareholders, Goldman said it began reducing its exposure to the U.S. mortgage market in late 2006. It said it did so by selling mortgage investments or buying credit default swaps. The swaps are a form of insurance that pays out if the value of the underlying asset declines.Those hedges, also known as short positions, served Goldman well. As the housing market began cratering and losses piled up for other big banks, Goldman suffered less damage. That led to criticism that the bank benefited at the expense of clients who bought mortgage-backed securities that became toxic. Goldman denied that.Our short positions were not a bet against our clients,Goldman said in the letter. Rather, they served to offset our long positions. Our goal was, and is, to be in a position to make markets for our clients while managing our risk within prescribed limits.In the letter, Goldman also rejected claims that it profited from the mortgage market meltdown.

Oil under $83 as stocks slump on Goldman news By DEBORAH JIAN LEE, AP Energy Writer -APR 16,10

Oil prices fell to below $83 a barrel on Friday after the government accused Goldman Sachs of fraud, Google reported disappointing earnings and data on single-family home construction declined.Benchmark crude for May delivery fell $2.52 to $82.99 a barrel on the New York Mercantile Exchange. Earlier it dipped as low as $82.52.The Securities and Exchange Commission said Goldman Sachs & Co. defrauded investors by failing to disclose key information about mortgage investments it sold as the housing market was collapsing in 2008.Earlier, the Commerce Department said housing construction rose to a 16-month high in March. But construction of single-family homes, the most important segment of the market, declined.The Dow Jones Industrial Average was down about 130 points in midday trading as investors sold off shares in the Goldman news and disappointing Google earnings.Crude traders often look to stock markets as a barometer of overall investor sentiment. They also consider broader economic conditions in their trades, said PFGBest analyst Phil Flynn, who believes recurring worries about Greece's debt problems are strengthening the dollar and pushing down crude prices today. A stronger dollar makes crude more expensive for investors holding other currencies.The more you look at the supply-demand part of equation, the more you realize that the price of oil is based on macro-economic issues like currency-exchange rates and interest rates more than how many barrels we have put away,said PFGBest analyst Phil Flynn.Oil prices have stayed in the mid-$80 range since jumping 25 percent in two months, to above $87 last week.Meanwhile, the national average gasoline pump price edged up less than a penny to $2.862 a gallon, according to AAA, Wright Express and Oil Price Information Service. A gallon of regular unleaded is 7.3 cents more expensive than a month ago and 81 cents higher than a year ago.In other Nymex trading in May contracts, heating oil fell 5.13 cents to $2.2010 a gallon, and gasoline dropped 6.56 cents to $2.2606 a gallon. Natural gas rose 6.7 cents to $4.052 per 1,000 cubic feet.In London, Brent crude was down $1.82 cents to $85.77 on the ICE futures exchange.Associated Press writers Pablo Gorondi in Budapest, Hungary and Alex Kennedy in Singapore contributed to this report.

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

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

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

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

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

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS FRI APR 16,2010

09:30 AM -1.34
10:00 AM -27.51
10:30 AM -40.73
11:00 AM -60.00
11:30 AM -110.64
12:00 PM -127.27
12:30 PM -148.88
01:00 PM -137.70
01:30 PM -143.29
02:00 PM -137.17
02:30 PM -94.01
03:00 PM -115.70
03:30 PM -119.71
04:00 PM -125.91 11,018.66

S&P 500 1192.13 -19.54

NASDAQ 2481.26 -34.43

GOLD 1,136.70 -23.60

OIL 83.25 -2.26

TSE 300 12,070.70 -140.90

CDNX 1666.84 -12.66

S&P/TSX/60 708.00 -9.00

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -15 points at 4 minutes of trading today.
Dow -170 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,149.20.OIL opens at $83.92 today.

AFTERNOON,NEWS,STATS
Dow -170 points at low today so far.
Dow -1 points at high today so far.

WRAPUP,NEWS,STATS
Dow -170 points at low today.
Dow -1 points at high today.

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.

Travel chaos as cloud of ash drifts over Europe By JENNIFER QUINN and ROBERT BARR, Associated Press Writers - APR 16,2010

LONDON – Volcanic ash sifted down on parts of northern Europe on Friday and thousands of planes stayed on the tarmac to avoid the hazardous cloud. Travel chaos engulfed major European cities and the U.N. warned of possible health risks from falling ash.Eurocontrol, the European air traffic agency, said the travel disruptions that reverberated throughout the world Thursday were even worse on Friday, with about 11,000 flights expected to operate in Europe instead of the usual 28,000. It said delays will continue well into Saturday as the massive yet invisible ash cloud moves slowly south and east.There will be significant disruption of air traffic tomorrow, spokesman Brian Flynn said, adding the agency would hold a meeting Monday of aviation officials from all 40 Eurocontrol countries.Polish officials fretted that the ash cloud could threaten the arrival of world leaders for Sunday's state funeral of President Lech Kaczynski and his wife, Maria, in the southern city of Krakow. Kaczynski's family insisted Friday they wanted the funeral to go forward as planned.So far, President Barack Obama, Russian President Dmitry Medvedev and German Chancellor Angela Merkel are among those coming and no one has canceled.

Merkel, however, could not even get back to Berlin after a visit to Washington. She was diverted to Madrid and looking for a hotel room.Train stations, hotels and car rental agencies were jammed in key European cities by people scrambling to make alternative plans. Extra long-distance trains were put on in Amsterdam and lines to buy train tickets were so long the train company was handing out free coffee.The high-speed Thalys trains, a joint venture of the French, Belgian and German rail companies, allowed passengers to buy tickets even if there were not enough seats.

We think we can help a lot of passengers get closer to their final destinations, said Thalys spokeswoman Patricia Baars.Aviation experts said it was among the worst disruptions Europe has ever seen.We don't have many volcanoes in Europe, said David Learmount of Flight International, an editor at the aviation publication.But the wind was blowing in the wrong direction.Ice chunks the size of houses tumbled down from a volcano beneath Iceland's Eyjafjallajokull (ay-yah-FYAH'-plah-yer-kuh-duhl) glacier on Thursday as hot gases melted the ice. The volcano began erupting Wednesday for the second time in less than a month.As torrents of water roared down the steep slopes of the volcano, flash floods washed away chunks of Iceland's main ring road. More floods are expected as long as the volcano keeps erupting, which scientists said it was continuing to do in daily pulses.The cloud of basalt, drifting between 20,000 to 30,000 feet (6,000 to 9,000 meters) high and invisible from the ground, at first blocked the main air flight path between the U.S. east coast and Europe. On Friday, the British Meteorological Office said the cloud's trajectory was taking it over northern France and Austria and into eastern and central Russia at about 25 mph (40 kpm).Fearing that microscopic particles of highly abrasive ash could endanger passengers by causing aircraft engines to fail, authorities shut down air space over Britain, Ireland, France, Denmark, Norway, Sweden, Finland and Belgium. That halted flights at Europe's two busiest airports — Heathrow in London and Charles de Gaulle airport in Paris — as well as dozens of other airports, 25 in France alone.

A Finish F-18 Hornet jet had a scare, overheating even on a short flight as the ash blocked its cooling ducts. Air Force spokesman Joni Malkamaki says the Hornet flew for about an hour on a regular training flight in clear weather and the pilot saw no signs of any volcanic cloud.As the cloud moved east, flights were halted Friday at Frankfurt airport, Europe's third-busiest terminal, and at 10 other German airports including Duesseldorf, Berlin, Hamburg and Cologne. No flights were allowed either at the Ramstein Air Base, a key U.S. military hub in southwestern Germany.

Only about 120 trans-Atlantic flights reached European airports Friday morning, compared to 300 on a normal day, said Eurocontrol. About 60 flights between Asia and Europe were canceled. Air space restrictions were lifted or imposed or extended as the cloud moved east and south. Aviation authorities in Ireland reopened airports in Dublin and Cork and France allowed some planes to land at Paris' three airports Friday afternoon. Sweden and Norway declared skies in the far north to be safe again even as flights in both capitals — Stockholm and Oslo — were still on a lockdown. Norwegian Prime Minister Jens Stoltenberg managed to get a flight to Madrid from New York but was still not sure when or how he would get home. Switzerland, Croatia and Slovakia closed their airspaces and Poland expanded its no-fly zone Friday to most of the country, excluding the southern cities of Krakow and Rzeszow. Britain and Belgium extended flight restrictions until Saturday morning, but Britain allowed some flights out of Northern Ireland and western Scotland. Britain's Met Office said the wind was expected to blow from the north, which would bring further ash across parts of Britain. Small amounts of ash settled in Iceland, northern Scotland and Norway. Professor Jon Davidson of the Department of Earth Sciences at Durham University in England said the dispersal of the ash cloud depended on the weather — and if the volcano still erupted. The World Health Organization in Geneva said the ash cloud mostly remained high in the atmosphere on Friday, but it could pose a health risk if particles reached the ground. It advised Europeans to try to stay indoors if the ash fell, because inhaling the particles can cause respiratory problems, especially for those suffering from asthma and respiratory diseases. The volcano caused ministers and officials from at least 12 countries to miss the start of a European Union finance ministers meeting in Madrid. Iceland, a nation of 320,000 people, sits on a large volcanic hot spot in the Atlantic's mid-oceanic ridge, and has a history of devastating eruptions. One of the worst was the 1783 eruption of the Laki volcano, which spewed a toxic cloud over Europe with devastating consequences.Associated Press Writers Jill Lawless in London, Karl Ritter and Louise Nordstrom in Stockholm, Melissa Eddy and Verena Schmitt-Roschmann in Berlin, Ciaran Giles in Madrid, Bradley Klapper and Frank Jordans in Geneva and Ian MacDougall in Oslo contributed to this report.

Volcano could build into major business problem By JANE WARDELL, AP Business Writer - APR 16,10

LONDON – The eruption of a volcano in the tiny, isolated island nation of Iceland is threatening to turn into a major headache for businesses across Europe and around the world as a spreading ash cloud closes more European airports.Airlines are already counting the cost of grounded planes, and there are growing fears about the transportation of food supplies and other essential goods should the flight disruptions persist for several days — or longer.But there were also some early winners from the unprecedented situation, with rail, bus and ferry tour operators all quick to lay on extra services for stranded business and leisure travelers as hotel rooms filled up.Airline shares took a hit as the Geneva-based International Air Transport Association estimated that the disruption is costing the industry some $200 million a day in revenues. IATA added its forecast was conservative and costs will mount further as carriers reroute aircraft and care for stranded passengers.

Eurocontrol, the European air traffic agency, said some 17,000 flights were canceled on Friday, more than half the 28,000 that usually operate. Delays and cancelations will continue on Saturday as the ash cloud from the eruption of the volcano beneath Iceland's Eyjafjallajokull (ay-yah-FYAH'-plah-yer-kuh-duhl) glacier moves south and east. The flight ban was imposed because of concerns about pilot visibility and jet engine failure from the ash.Ashley Steel, global chairman for transport and infrastructure at professional services company KPMG, said that the biggest losses would come from trans-Atlantic business traffic, with the impact on economy class revenues muted by the fact that people would likely change their bookings to a later date.This is yet another dramatic and costly event for the global aviation industry which will have a significant impact on annual revenues, Steel said, adding that the development reinforced the case for consolidation of the international airline sector.Truly global airlines will be much better placed to deal with the financial fallout from these types of events, he said.British Airways shares dropped 1.1 percent, German flag carrier Lufthansa lost 2.1 percent and Air France-KLM slipped 1.7 percent.

There were few early reports of major impacts on exports and imports, but analysts stressed that the stakes would rise each day of the flight ban.Some businesses will be affected by the inability for freight to get in and out of the country, said Howard Archer, chief economist at IHS Global Insight in London. As long as the disruption is not too long, this should not be a major problem. The main problem will be for goods that are perishable.The pharmaceutical industry is particularly reliant on air freight because of the high value and low weight of their products.
The Italian farmer's association said that it may become an issue to import out of season goods from other areas, even though Italian airports are still open as shipments often come via other major European cities.Chiara Coffele, export manager of the family Coffele winery in Soave, Italy, was unsure whether she would make a wine festival and other business appointments in Norway in the coming days after her flight from Milan was canceled on Thursday.Coffele travels two or three times a year to Norway, where the family sells 15 percent of the 510,000 bottles of wine it produces annually. The three-day Stavanger wine festival is usually a key network event.While others are missing some holiday work because of the flight cancelations, I get a little less work, Coffele said.

A spokesman for the flower market in Berlin, which sells flowers that have been imported from all over the world, said there had not been any problems with the delivery on Friday morning and he was not aware of logistical problems for Saturday's flower trade. Several sushi restaurants said they get fresh fish on Thursday and had no deliveries until Monday.As Europe's airports emptied, travelers instead crowded train stations, bus depots and rental car offices. The high-speed Eurostar rail service linking Britain and continental Europe reported thousands of new bookings for the next few days. National railway operator Deutsche Bahn said it deployed all available trains and asked personnel to work extra shifts on the weekend. Nonetheless, it warned of overcrowded trains and long lines at booking counters. Norway's NSB railway company put extra trains on routes from Oslo to major Norwegian cities and the Swedish capital, Stockholm. Germany's Sixt car rental reported long lines at German branches. There's a rush on our rental offices,said spokesman Frank Elsner. We're trying to mobilize everything we can and try to offer an additional 2,000 cars across Europe in cooperation with our partners to make sure travelers can get back home on the weekend.In Britain, Network Rail canceled the bulk of engineering work that was planned for the next few days and also added extra services. At the Jumbo Hostel — a Boeing 747 remodeled into a 27-room hotel just outside the Arlanda airport in Stockholm — rooms were filling up fast.I think we'll be full tonight,said manager Oscar Dios.It's this sort of thing that we're here for. There is no place to go at the airport.AP reporters Robert Barr in London, Kirsten Grieshaber and Geir Moulson in Berlin, Ian MacDougall in Oslo, Colleen Barry in Milan and Frank Jordans in Geneva contributed to this report.

Greece sets stage for possible EU-IMF bailout APR 16,10

ATHENS (AFP) – Greece said Friday it was preparing the ground for possible EU-IMF emergency debt relief worth billions of euros as it announced another bid to raise fresh money on its own.We are making all the preparatory moves, Prime Minister George Papandreou told lawmakers in Athens.The activation of the EU-IMF assistance will be determined by national interest.His comments came ahead of crucial talks in Athens Monday on details of the proposed rescue scheme with officials from the European Union and the International Monetary Fund.The EU earlier this month agreed to lend Greece 30 billion euros (41 billion dollars) this year at a below market rate of around 5.0 percent to help the country shake off a crippling debt burden.

Another 15 billion euros could be provided by the IMF.

EU and Greek officials had hoped the aid safety net would reassure investors on Greece's solvency and enable the country to borrow critically needed funds at rates similar to other eurozone members.But in the five days since the deal was disclosed, the interest Greece would have to pay on newly issued bonds has stayed stubbornly high as doubts have grown on its efficacy.The yield on the 10-year Greek sovereign bond had risen to 7.366 percent on Friday afternoon after 7.123 percent late Thursday.The Greek debt management agency meanwhile announced a bid to raise 1.5 billion euros (2.0 billion dollars) via an auction of 13-week treasury bills on Tuesday.Athens has to find around 10 billion euros by the end of next month, part of about 54 billion euros needed for all this year to cover debt and budget needs.

Greece's total debts come to about 300 billion euros.

Last week it drew strong demand for a test debt issue but had to offer high interest rates despite the stand-by rescue guarantee from the eurozone.Dangling a return of over more than 4.0 percent, Athens raised 1.56 billion euros (2.12 billion dollars) from six-month and one-year treasury bills compared to an initial target of 1.2 billion euros.The EU-IMF aid initiative faces major obstacles, notably as parliamentary approval will be required in some countries and public opposition is running high in Germany, Europe's biggest economy and the main potential contributor to the loans.It is unclear whether the Greeks first need to be staring into the abyss of a failed bond issue before they can draw on eurozone funding or if they can simply go for the cheapest price when it suits them,analysts at ING bank said.

Markets seem to expect the latter.ING also cautioned that eurozone governments still have not officially decided to actually provide the aid.Greek newspapers reported that the loans would likely be conditional on further budget cutbacks, including wage cuts in the private sector, a cap on pensions and the closure of some public services and state companies. The time for talking is over. The time for painful reality is upon us,the Kathimerini daily said in an editorial. Eurozone finance officials meeting in Madrid Friday meanwhile sought to play down the potential for any immediate request for the aid from Greece.Greece has taken the first steps, but it's up to them to continue,Spanish Finance Minister Elena Salgado. Jean-Claude Juncker, head of the Eurogroup of finance ministers, stressed that Greece had yet to make any formal request for aid. The bailout for Greece, which has the highest budget deficit in the euro area, would be the first time a eurozone member had to be rescued in this way. Analysts have said the debt trouble afflicting Greece and some other European states could hurt investor confidence in Europe. The euro has been hit in recent months by fears of a possible Greek debt default, with the European single currency trading at 1.3556 dollars during trading in London on Friday, compared with 1.3574 dollars late on Thursday.The situation concerning Greece continues to undermine the euro,said Stuart Bennett, an analyst with French bank Credit Agricole.

Eurozone to tighten economy oversight By Aoife White, Ap Business Writer – APR 28,10

MADRID – Eurozone nations agreed Friday to tighten joint oversight of the economies in Europe's currency union in an effort to stem a government debt crisis that has already forced them to lend billions of euros in standby loans to Greece if it can't borrow from markets.Greece gave no indication at a key Friday meeting that it would soon seek to tap the financial lifeline agreed last weekend.Markets reacted badly, charging more for Greek bonds and widening the spread, or the difference between Greek and benchmark German 10-year bonds, to 4.31 percent, close to an April 8 all-time high of 4.48 percent.Greek stocks were also down, with the benchmark general index at Athens stock exchange closing 1.64 percent lower at 1,995.24 points, after Jean-Claude Juncker, the head of the eurozone finance ministers' group, said Greece gave no indication that it was requesting a bailout.The Greek government on Thursday called in EU and International Monetary Fund officials for Athens talks on Monday but insists that this is not a signal that it will formally request a bailout within days.Last week, it secured a pledge for some euro30 billion in loans from other eurozone nations — with possibly another euro15 billion from the IMF yet to be agreed.Markets have hiked Greek borrowing costs because they believe the country might be unable to repay debt. Greece needs to borrow some euro54 billion this year, euro11 billion of that next month and says the high costs could force it to seek a bailout from eurozone nations and the IMF.Greece's flagrant flouting of EU debt and deficit limits has triggered drop in the euro's value against the dollar and exposed the flaws in the loose way eurozone governments are supposed to coordinate their economies.Juncker said eurozone nations would step up oversight over member economies to prevent another vulnerable country getting into financial trouble. This widens the eurozone's peer review beyond a limited focus on debt and deficit limits — and will allow them flag up wider problems with slow growing economies with high jobless numbers, like Greece and Portugal.

Spain and Finland would come up for review first, followed by Portugal and Luxembourg, he said.Both Spain and Portugal have rising debt levels and have attracted some attention from markets looking to see if Greece's debt problems could spread to other vulnerable euro economies which are facing high unemployment and sluggish economic growth.Portugal received a warning from the European Union's executive commission this week that it might need to make bigger budget cuts if a hoped-for economic recovery fails to provide extra revenue the government is counting on.Most eurozone nations are now running deficits above the EU's maximum 3 percent and are promising to reduce those over the next few years.The EU's economy commissioner Olli Rehn said he wanted to check eurozone states' budget spending before parliaments do and should monitor how euro member economies are performing. This could prevent a country like Greece overspending and failing to reform its economy.He criticized eurozone members for rather optimistic assumptions that the economy would bounce back quickly — warning that many of them may need to increase budget cuts if they aren't on track to bring down deficits.EU officials are also warning that richer euro nations, like Germany and the Netherlands, need rely less on exports and consume more, saying they could help rebalance wide differences in the euro area by stoking domestic demand and investment.Belgium and Ireland's ministers missed the eurozone talks as volcanic ash held up flights in northern Europe. Swedish and Danish ministers were also due to skip the broader meeting of all 27 EU members starting later Friday.Associated Press writers Greg Keller and Ciaran Giles in Madrid and Nicholas Paphitis and Elena Becatoros in Athens contributed to this story.

MEPs again flex muscles in diplomatic service debate
HONOR MAHONY Today APR 16,10 @ 17:43 CET

EUOBSERVER / BRUSSELS - MEPs are once again talking tough on the creation of the EU diplomatic service, linking the parliament's approval of key financial and staff decisions to getting their way on how the new organisation is ultimately shaped and accounted for.A statement released on Friday (16 April) said: Parliament's assessment of the main proposal will ... be linked to decisions on the budget and staffing of the new service.Everything should be treated as one package,says the EU assembly.New agreements on setting up a budget line for the External Action Service (EAS) as well as hiring national diplomats to kit out the service share the power of decision-making between member states and parliament - a situation that has forced national governments to make some concessions on the diplomatic service.However, the structure of the EAS, unveiled by EU foreign policy chief Catherine Ashton late last month, were immediately strongly criticised by a cross-party section of MEPs.

Following a meeting of the political group leaders yesterday (15 April), the statement is the parliament's first formal reaction.Their main objections are that service is not politically accountable to the parliament; that its decision-making in key areas such as in development aid (an area with an annual budget running to billions of euros) is convoluted; and that the civilian mission part of the service is too entangled in the military structures of the service. The parliament says the main MEPs involved in negotiations on the diplomatic service agree that it is unlikely that the entire package could be dealt with before summer.Parliament's gambit comes just a few days before EU ambassadors are due to discuss the matter and just over a week before EU foreign ministers are meant to discuss and possibly agree Ms Ashton's proposal on 26 April.Under Ms Ashton's original plans, member states would first agree the outline and then negotiations would begin on the financial and staff regulations with parliament.Speaking last month, Franziska Brantner, a German Green MEP involved in the issue, said the parliament believes it is possible to delay a final decision to September or possibly October.

EU, negotiating partners to release Acta text
LEIGH PHILLIPS Today APR 16,10 @ 17:50 CET

EUOBSERVER / BRUSSELS - After heavy criticism from civil society and the European Parliament for negotiating a new international anti-counterfeiting treaty in secrecy, the European Union and its foreign partners have agreed to make public the negotiating text for a proposed Anti-Counterfeiting Trade Agreement (Acta).Overall, therefore, there was a general sense from this session that negotiations have now advanced to a point where making a draft text available to the public will help the process of reaching a final agreement,the European Commission said in a statement on Friday (16 April).For that reason, and based on the specific momentum coming out of this meeting, participants have reached unanimous agreement that the time is right for making available to the public the consolidated text coming out of these discussions.

The text will be made public next Wednesday.

Brussels made the announcement simultaneously with the US Office of the United States Trade Representative using an identical text following the conclusion on Friday of the Eighth round of negotiations on Acta in Wellington, New Zealand, talks that lasted three days.Until now, the commission has said they were unable to release any texts without unanimous approval from negotiating partners.However, the statement also said that in agreeing to release the draft text, the positions of the different countries would remain undisclosed: Participants reaffirmed the importance of maintaining the confidentiality of their respective positions in trade negotiations.Civil liberties watchdogs and monitors of the negotiations have been particularly worried about the potential for the agreement to restrict online freedoms.Last month, the European Data Protection Supervisor (EDPS), Peter Hustinx, raised fears that the Acta legal framework could result in large scale monitoring of internet users and the international imposition of three strikes laws, such as that recently passed in France, which cuts off internet access of people accused of illegal downloading.Also in March, MEPs in a resolution passed 663 to 13 called on the commission to increase transparency in the Acta negotiations or risk legal action in the European Court of Justice.The euro-deputies demanded to be fully informed at all stages of the negotiations, and asked the commission to conduct an impact assessment of the implementation of Acta with regard to fundamental rights and data protection.Attempting to assuage concerns, the EU and US statements also went on to say: Acta will not interfere with a signatory's ability to respect its citizens' fundamental rights and liberties.

There is no proposal to oblige ACTA participants to require border authorities to search travellers' baggage or their personal electronic devices for infringing materials. In addition, ACTA will not address the cross-border transit of legitimate generic medicines.The commission also confirmed that no participant is proposing to require governments to mandate a graduated response or three strikes approach to copyright infringement on the internet, another key concern of online freedom advocates.The Acta participants agreed that the next meeting would be hosted by Switzerland in June this year.

Volcanic ash saves Buzek from awkward Vatican meeting
ANDREW RETTMAN 15.04.2010 @ 17:39 CET

EUOBSERVER / BRUSSELS - Ash from an Icelandic volcano spared EU parliament President Jerzy Buzek from a potentially awkward meeting with Pope Benedict XVI in Rome on Friday (16 April).Mr Buzek was to meet the pontiff and his foreign minister Cardinal Tarcisio Bertone amid the unfolding child abuse scandal which has seen the pope blamed for protecting abusive priests and Cardinal Bertone saying that homosexuality is a root cause of paedophilia - a classic tenet of homophobia.Liberal MEPs and gay rights activists on the eve of the trip had urged Mr Buzek and other EU leaders to break Brussels' silence on the subject. But the Vatican trip was cancelled at the last minute due to the drifting cloud of ash from Iceland's Eyjafjallajoekull volcano, which disrupted flights across Europe.Liberal group leader and former Belgian prime minister Guy Verhofstadt in a letter on Thursday to Mr Buzek, EU commission head Jose Manuel Barroso and EU Council President Herman Van Rompuy said: I ask you to react to these declarations, condemning them in the most unambiguous terms and to make representations to the Catholic church leadership, to ensure that truth and justice are brought to victims of paedophile crime.If he [Mr Buzek] doesn't raise the issue, he will have some explaining to do, Dutch liberal MEP Sophie in 't Veld added.A major gay rights advocacy group, the International Lesbian and Gay Association (ILGA), joined the appeal.

EU leaders have a moral obligation [to speak out] under Article 1 of the Charter of Fundamental Rights [on human dignity],the group's secretary general, Renato Sabbadini, told EUobserver. A critical comment of this type would be very helpful ...it would be a strong signal to the church that there are limits to the kind of things it can say to get out of trouble.Mr Buzek, Mr Barroso and Mr Van Rompuy's offices were all unavailable for comment when contacted by this website. Mr Barroso is also under the Liberal spotlight due to his plan to hold a meeting with church leaders in Brussels in the coming weeks, an event which Ms in 't Veld would also like to see used to promote EU values. A senior EU official said a Barroso statement criticising the Roman Catholic church for its handling of the paedophile priest scandal is unlikely because the issue is not an area of EU policy-making, however. Antoine Ripoll, a spokesman for the christian-democrat EPP group in the EU parliament agreed: I understand Mr Verhofstadt's moral point of view. But the EU as such doesn't have any competence in this area.Ms in't Veld paints a picture of the EPP establishment in Brussels as having too many non-transparent meetings with what she called the Roman Catholic lobby.Mr Buzek is a Protestant. Mr Barroso and Mr Van Rompuy are Roman Catholic and all three are EPP members. Mr Buzek is known in the EU parliament for his scant support for gay rights. Mr Van Rompuy has caused controversy in the past by saying Turkey should never join the EU because it does not share its Christian values.In that group [the EPP] you could certainly say that MEPs from southern and eastern Europe would be less likely to be seen hurting in any way the Catholic church,the ILGA's Mr Sabbadini said.The EPP's Mr Rippel rejected the suggestion that his group's relations with the Vatican are somehow too cozy as ridiculous.Correction: the article originally said Mr Buzek is a Roman Catholic. He is in fact a Protestant.

Israel costs us blood and treasure What does Obama cost us? APR 15,10 By LAURIE ROTH

As the latest round of Tea Parties are upon us representing millions of focused and concerned, law abiding Americans, our President continues to pretend he is doing something historical, wise and insightful regarding his Nuclear and Middle East plans? We are still reeling from Obama’s pretend nuclear disarmament program, signed by Russian President Dmitry Medvedev and Obama recently.As you may recall, the goal is to start disarming,stop nuclear development and research, while committing in advance that we won’t use a nuclear response if we are attacked with a weapon of mass destruction. It will also render our arsenal of 9,400 nukes obsolete as rogue nations and other mystery groups rush forward with nuclear technology and weapons development…..why, because they simply want to and plan to use them. It is shockingly rude that they don’t bow down to President Obama. It didn’t take but minutes before Ahmadinejad declared yet again his nuclear intentions. Oh yeah, and threatened to attack us with nuclear devices he would sell to terrorist groups if we dared to attack his nuclear facilities. Other countries that would quickly flip us off if we tried to manipulate them into getting rid of some of their nukes are China, Pakistan, India and North Korea.These are lovely bastions of democracy, peace and stability.

The last few weeks Obama was on a Middle East and Nuclear roll

He keeps reminding us of how huge the nuclear danger is in the world, even describing in his recent news conference how horrifying a 10-kiloton nuclear explosion would be. We heard the horror as he described an explosion….900-mph winds, bathing the land with radiation , producing plumes of fall out for hundreds of miles. The simply amazing and insane thing is most of us by now understand how disastrous, gross and far reaching a nuclear bomb would be. THAT IS PRECISELY WHY COMPROMISING OUR ARSENAL AND LEAD IN NUCLEAR DEVELOPMENT AND READINESS IS A DIRECT ATTACK ON OUR NATIONAL SECURITY AND REPUTATION.Obama reminded the nation at the latest two-day conference on nuclear security that the nation would have to wait up to 72 hours after a nuclear blast for a significant federal response.He shared how hard it would be to mitigate damage and respond.This president has a hard time responding to the truth so naturally he would have a hard time responding to a disaster. Regarding his statement of a 3 day delay in response, that seems to be typical with him. It took him 3 days to even respond from Hawaii to the underwear bomber who almost brought down a plane on Christmas day.

Obama’s latest speech also signals a shift with Israel

President Obama is now ramping up the pressure toward Israel, saying that the Israeli/Palestinian conflict has cost us too much blood and treasure.We have seen the classic,Jimmy Carter slams on Israel, Obama’s first 15 months.The most recent lunacy was Hillary and Biden getting their knickers in a twist when Prime Minister Netanyahu didn’t kiss their booties when visiting over there to intimidate and manipulate him into submission.Instead of bow down he chose to exercise the rights of his country and build 1,600 new Jewish homes. Never mind those were homes in their country on land won in war, fair and square mega years ago. Now we hear the mixed up and out of context diatribe in recent Obama speeches. He talks of the cost of war,blood and treasure via Afghanistan, Iraq, struggling Palestine, Iran and struggling relations with Muslims. The implication is that all this could simply be solved if Israel would give away more land; if Israel would stop building; if Israel would cut in half Jerusalem and their Holy places; Translation for those who are mentally impaired: IF ISRAEL AND THE JEWS WILL STOP EXERCISING THEIR GOD GIVEN RIGHTS AND WALK INTO THE SEA AND DROWN.

Obama is the most radical and dangerous President we have ever had. The only evil he believes in is at the hands of Jews, Christians and conservatives. He is boldly committed to big government, socialism/communism. He continues to show the world his commitment to moral compromise and political denial of reality.

It is like a severe case of dyslexia.

Backwards with Israel

Everything with this President is back to front. We have to change our policy with Israel because they are the enemy…why,they won’t do what Obama has ordered to fulfill his international peace legacy and kiss up desires to Islam. It is one of the long time liberal fantasies, to bring peace to Israel and Palestine. Remember the obsession and peace attempts of Bill Clinton and Jimmy Carter? Never mind since 1948 that the real attempts at peace, a two state solution from the very beginning, and limited and controlled responses to decades of slaughter and attacks HAVE BEEN BY THE JEWS AND ISRAELIS. REAL PEACE ATTEMPTS HAVE NEVER BEEN ATTEMPTED BY ANYONE ELSE.

Backwards with who the real enemies are

This administration has made it very clear with numerous statements that we are the new terrorists, not Islamic radicals. We persecute them and they are the victims of our success and the Jews. If we dare to notice the constant attacks, lack of women’s rights, slaughter of the innocents, attacks on Jewish settlements…..we have mental illness. We are Islamaphobics.I pray Dick Morris, in his recent statements are right.He said on national TV just recently he is convinced conservatives will not only sweep the House but also the Senate and win the Presidential election 4 years from now. He was referring to the health care bill disaster and saying we could quickly defund it, then when controlling both the House and Senate and White House, repeal it.There will be a whole lot more than that we have to repeal, unfund and shred.We must also fix the insane movement away from nuclear strength and stop the absurd pressure on Israel, the only real friend we have in the Middle East and democracy.Elections come quickly!

Barack Hussein Obama vs. Israel By Douglas J. Hagmann, Director
LINKS-http://homelandsecurityus.com/archives/3703

15 April 2010: A full six months before Barack Hussein Obama’s Cairo speech, I reported on an interview I had with a high ranking member of the intelligence community who stated that the Obama administration would turn against Israel. That retiring member of the intelligence community laid it all out during our interview, stating that not only would the Obama administration abandon Israel, but the U.S., at the direction of Obama, would turn against the very nation with which we have long shared the core values of western democracy.Judging from the extremely high number of e-mails I received about this article, only a very small percentage actually believed my intelligence source. Interestingly, the majority of those e-mails that described the intelligence as hyperbolic if not outright false were from self-described Jews living in America. Perhaps those who questioned the authenticity of my source and veracity of his message will reassess their position in light of Barack Hussein Obama’s latest remarks referenced yesterday in The New York Times article titled Obama Speech Signals a U.S. Shift on Middle East.The article stated that there is an …explicit link between the Israeli-Palestinian strife and the safety of American soldiers as they battle Islamic extremism and terrorism in Iraq, Afghanistan and elsewhere.Accordingly, U.S. support for Israel must be balanced against other [Arabic & Muslim] interests, meaning that as far as Obama is concerned, Arab nations and Muslim interests will prevail over those of Israel.

Barack Hussein Obama, true to his Muslim heritage and Arab roots, is leading America down the most dangerous foreign policy road in the history of the United States and perhaps all of human history. A path that will have prophetically disastrous consequences for the United States and the world, and one that is setting the stage for a war that was prophesized over two thousand years ago.The political hubris, anti-Semitism and pro-Islamic attributes of Obama as they relate to the nation of Israel are nearly equivalent to his disingenuous approach to Islamic terrorism in the U.S. As Mark Levin stated yesterday during his radio program, the phrase Islamic extremism was banned from the counter-terrorism lexicon, yet it is now a justification for turning on Israel. If you want to understand Obama’s approach to Israel, I strongly urge take ten minutes to listen to this ten minute segment from Mr. Levin’s program.As I reported in December 2008 based on my interview with a U.S. intelligence source, the worst was yet to come. Now, it’s closer than you think.
Coming next: More from U.S. Intelligence insider: Obama describes Israel as boil on America’s backside.

Family massacre in Chicago a Muslim honor killing
By Douglas J. Hagmann

16 April 2010: It was a scene that left one of the most hardened Chicago detectives I know shaken. He described the murder scene to me last night as one of the worst he has seen in his career, and he has seen some of the worst.Responding early Wednesday morning to the scene of a multiple shooting inside a bungalow located in the 7200 block of South Mozart Street, Chicago, IL were the bloodied and lifeless bodies of Tawanda Thompson, 19, who was in the late stages of pregnancy with a girl; Keyshai Fields, 16, also four-months pregnant; 3 year-old Keleasha Larry, and 7 month-old Jihad Larry. There were all methodically murdered in an early morning shooting spree allegedly at the hand of 32 year-old James A. LARRY, Tawanda Thompson’s husband. They were married less than a month. In addition to the dead, 57 year-old Leona Larry, the suspect’s mother and his 13 year-old nephew, Demond Larry were critically wounded.Considering the unborn children, six lives were shortened by murder and two more lie in the balance. The act was particularly brutal, according to the homicide detective, who provided this author with the details of the murder scene on the condition his name not be used.He confirmed some of the published and unpublished police reports and sources, stating that the suspect shot his wife first, the bullet entering her throat. He then methodically executed the others in the house, shooting each victim in the head or face. When he realized that his pregnant wife was still alive, he turned and shot her in the head, killing her and her unborn child –a girl.

And one 12 year-old girl witnessed nearly the entire event, herself narrowly escaping death by running in her pajamas to a nearby gas station for help as the suspect shot at her. At the gas station, the traumatized young girl telephoned her mother, saying that her uncle killed everyone.The suspect, James LARRY, was apprehended by police a short time later. He was charged yesterday with four counts of first-degree murder, four counts of attempted first-degree murder and two counts of intentional homicide of an unborn child.When arrested, the suspect expressed remorse. He reportedly told arresting officers that he was sorry, but not for the murders.He was sorry that he ran out of bullets, confirmed the detective. The motive? His wife and family would not submit to Islamic doctrine.As he described the scene inside the house and the suspect’s apprehension to me last night, this hardened police detective who I’ve known for the last eight years was more upset than I’ve even known him to be. Upset over the deaths, upset over the motive, and upset at the legal system. This didn’t have to happen, he said. But it did, and it will probably happen again in another community, to another family,he stated.The reason it happened here and the reason it will happen again is that we’ve allowed our prisons to become recruiting grounds for Islamic fundamentalism that teaches this twisted [expletive deleted]. And our system has become too lenient, too PC, and too afraid to confront this problem, so now we have nearly an entire family murdered by a guy quoting Allah and the Qu’ran.

Charged: James A. LARRY
James A. LARRY converted to Islam while serving time in prison. Having a number of prior convictions, LARRY was most recently sentenced in 2002 to 5 ½ years in federal prison after pleading guilty to possessing a firearm as a felon. He was paroled in April of 2007, but spent three months in a halfway house after he admitted smoking marijuana while on probation.It was during his time in prison that he began receiving visits by prison imams through the Islamic prison outreach program.He became increasingly radicalized with orthodox Islamic beliefs, ultimately demanding compliance to fundamentalist Islam by his wife and family,stated the detective. He [allegedly] killed his wife because she would not wear Muslim attire, and would not follow his beliefs,he stated.It was an honor killing, pure and simple, but don’t count on hearing that in the media.An in-depth look exposing the infiltration of our prisons was published in our February 17, 2010 article titled From the Places to the tombs, a Pandora’s Box of peril. Until we put a stop to this brand of prison outreach, expect the body count in the U.S. to rise.