DAY 2 OF SOEOTORO-OBAMA SEDITION & TREASON TRIAL-DR JAMES MANNING
http://atlah.org/pdf/ciaColumbiaObamaTrial_v2.pdf
http://www.atlah.org/
GLENN BECK ALL THE PRESIDENTS MEN-THIS CRIMINAL BUNCH NEVER STOPS TO CONTROL THE US
http://www.glennbeck.com/content/articles/article/198/40663/
GLENN BECK TAKING CRIME GLOBAL-WHO ELSE BUT OBAMA & GOLDMAN SACHS FRIENDS AT WH.
http://www.glennbeck.com/content/articles/article/198/40600/
THIS SOUNDS LIKE IRAQ OR PAKISTAN TO ME A BOTANICAL GARDEN SOETORO WANTED TO BUILD.
Sun-TImes probe: As state senator, Obama steered $100,000 grant to supporter for urban garden never built. Botanic boondoggle details. Obama response.
By Lynn Sweeton July 11, 2008 6:59 AM
My Chicago Sun-Times colleagues Chris Fusco and Dave McKinney write in the Friday Chicago Sun-Times about how presumptive Democratic nominee Sen. Barack Obama (D-Ill.)--as a state senator--gave a $100,000 state grant to a supporter for a botanic garden in a blighted community that was never built. The project was out of Obama's state senate district--but squarely in the First Congressional District of Illinois that Obama at the time was running to represent. Tim Novak contributed to the report. Obama's full response is at the end of the story.
Obama's $100,000 garden grant wasted
He vowed to work tirelessly to build an oasis for Englewood. It never happened.
BY CHRIS FUSCO AND DAVE MCKINNEY Staff Reporters
As a state senator, Barack Obama gave $100,000 in state money to a campaign volunteer who failed to deliver on a plan to create a botanic garden in one of Chicago's most blighted neighborhoods.Obama -- who was running for Congress when he announced the project in 2000 -- said the green space in Englewood would build a sense of neighborhood pride.Kenny B. Smith, a onetime campaign volunteer for Barack Obama, can't explain exactly how he spent $100,000 of taxpayer's money on a garden that was never built. Instead, what was supposed to be a six-block stretch of trees and paths is now a field of unfulfilled dreams, strewn with weeds, garbage and broken pavement.Kenny B. Smith, whose nonprofit group got the money, said it was spent legitimately, mostly on underground site preparation. But he admitted Thursday that the garden is a lost cause because other government money never came through.
We gave up, said Smith, who heads the Chicago Better Housing Association.It was a losing battle.Smith -- an early Obama supporter who gave $550 to his state and congressional campaigns -- said he gave his paperwork documenting the work to a state agency and no longer has it. A Department of Commerce and Economic Opportunity spokeswoman said officials would look into the matter.Smith blamed the site's current poor condition on construction material dumped there during the state's recent reconstruction of the Dan Ryan Expy.But a reporter walked the site last week with a landscape architect from the Illinois Green Industry Association who found no evidence of the work Smith cited. The only major changes since 2000: A gazebo was added, and some trees were cut down.Obama, the presumptive Democratic presidential nominee, said through a spokesman he wasn't responsible for monitoring the work; the staffs of Gov. Blagojevich and former Gov. George Ryan were.It is clear that Englewood residents have not been able to benefit from a completed community garden, Obama spokesman Ben LaBolt said. Sen. Obama will . . . do everything he can to ensure that the Englewood community gets the resources it needs to provide its residents with a livable neighborhood.On Jan. 14, 2000, Obama and Smith announced the Englewood Beautification Plan at Englewood High School. Obama promised to help raise $1.1 million. He was running then to unseat U.S. Rep. Bobby Rush, but lost in the Democratic primary.
The beautification project, planned near and under L tracks between 59th Place and 62nd Place, was outside Obama's state Senate district but within the congressional district.I will work tirelessly in Springfield and in Chicago to raise public and private dollars to fund this worthy endeavor, Obama said then.In 2001, at Obama's direction, a $100,000 Illinois FIRST grant went to Smith's group. The garden site was part of Rosewood Estates, an affordable-housing development being built by the group, whose unpaid board chairman was Brian Washington, a Sun-Times security guard.
Plans called for more than 50 homes, but only a dozen were built, Smith said.The remaining $1 million for the botanic garden was never raised.Now, Smith said he's trying to get city leaders to let him use the land and other vacant lots to build about 30 new homes in Englewood.Contributing: Tim Novak
RESPONSE FROM THE OBAMA CAMPAIGN
Statement: Senator Obama worked with Englewood residents to secure $100,000 in funding to lay the groundwork for a community garden that would replace a downtrodden area. Two state agencies signed off on the grant, which was provided to the Chicago Better Housing Association – a non-profit that received funding from diverse sources including HUD, Fannie Mae, the Wells Fargo Foundation and the Citigroup Foundation.
In December 2004, the Department of Commerce and Economic Opportunity certified that grant money had been spent appropriately after CBHA submitted a series of expense reports and documentation showing progress at the site.Senator Obama’s work for the Englewood community was not limited working to securing funds to lay the groundwork for a garden – he also secured funding to assist low income patients at the Englewood Health Center and to provide a safe space to work and play for young community residents at the Southwest Youth Collaborative.While the state certified that the grant money was spent appropriately, it is clear that Englewood residents have not been able to benefit from a completed community garden that could have provided much needed green space and work opportunities for local residents. Senator Obama will work with city and state officials and do everything he can to ensure that the Englewood community gets the resources it needs to provide its residents with a livable neighborhood that provides opportunities, and that the site is developed in a way that benefits the Englewood community.
POISONED WATERS
REVELATION 8:8-11
8 And the second angel sounded, and as it were a great mountain burning with fire was cast into the sea: and the third part of the sea became blood;
9 And the third part of the creatures which were in the sea, and had life, died; and the third part of the ships were destroyed.
10 And the third angel sounded, and there fell a great star from heaven, burning as it were a lamp, and it fell upon the third part of the rivers, and upon the fountains of waters;
11 And the name of the star is called Wormwood:(bitter,Poisoned) and the third part of the waters became wormwood; and many men died of the waters, because they were made bitter.(poisoned)
REVELATION 16:3-7
3 And the second angel poured out his vial upon the sea; and it became as the blood of a dead man: and every living soul died in the sea.(enviromentalists won't like this result)
4 And the third angel poured out his vial upon the rivers and fountains of waters; and they became blood.
5 And I heard the angel of the waters say, Thou art righteous, O Lord, which art, and wast, and shalt be, because thou hast judged thus.
6 For they(False World Church and Dictator) have shed the blood of saints and prophets, and thou hast given them blood to drink; for they are worthy.
DOUG HAGMANN TALKS ABOUT OIL SPILL AND PROPHECY CONNECTION-HOUR 2-3 MAY 14,10-WAY TO GO DOUG,I HOPE YOU WAKE PEOPLE UP WITH THIS SUGGESTION-THANKS
http://therothshow.com/show-archives/may-2010/
Salazar: Latest effort to stop oil leak hits snag By JEFFREY COLLINS, Associated Press Writer - MAY 15,10
HAMMOND, La. – At first, BP tried to stop the oil rushing into the Gulf of Mexico by flipping a blowout preventer switch. A week ago, they attempted to capture the leak with a 100-ton box. Now they've hit a snag as they try to guide a mile-long tube into the gusher to siphon the oil.Interior Secretary Ken Salazar said BP PLC had a problem Saturday with the latest effort to stop the leak, but was continuing its work at the ocean floor.There was a problem. They had to reconfigure. They are back down again ... trying to get it inserted, he told reporters during a briefing at a bird rescue facility in Louisiana, declining to offer further information.BP has offered scant details of its progress in trying to thread the 6-inch tube into the 21-inch pipe spewing oil from the ocean floor. Company spokesmen said technicians are continuing the methodical work that began early Friday of using joysticks to guide the deep-sea robots that are manipulating the contraption. They wouldn't elaborate on Salazar's report.We've never done such operations before and we need to take our time to get it right, spokesman Jon Pack said in an e-mail Saturday after Salazar's comments.The company planned to brief reporters on the tube work in the afternoon. The tube is intended to suck oil up like a straw to a tanker on the surface, while a stopper surrounding it would keep crude from leaking into the sea.Other efforts to fight the spill continued above and below the surface. The company received word Friday that federal regulators had approved spraying chemical dispersants beneath the sea, a contentious development because it has never been done underwater.More than three weeks after the oil rig explosion that killed 11 workers and set off the disastrous spill, President Barack Obama assailed oil drillers and his own administration Friday as he ordered extra scrutiny of drilling permits. He condemned a ridiculous spectacle of oil executives shifting blame in congressional hearings and denounced a cozy relationship between the companies and the federal government.
I will not tolerate more finger-pointing or irresponsibility, Obama said in the White House Rose Garden, flanked by members of his Cabinet.The system failed, and it failed badly. And for that, there is enough responsibility to go around. And all parties should be willing to accept it, the president said.But the president, who had earlier announced a limited expansion of offshore drilling that's now on hold, didn't back down from his support for domestic oil drilling.Obama's tone was a marked departure from the deliberate approach and mild chiding that had characterized his response since the rig went up in flames April 20 and sank two days later. At least 210,000 gallons of oil has been leaking into the Gulf each day, and BP has sought to burn the crude off the surface of the water, as well as use the chemical dispersants.U.S. Coast Guard Rear Adm. Mary Landry said Friday that three underwater dispersant tests conducted at the leak site proved helpful at keeping oil from reaching the surface. Traditionally used on the surface, chemical dispersants act like a detergent to break the oil into small globules, which allows it to disperse more quickly into the water or air before currents can wash it ashore.So far more than 517,000 gallons of dispersants, most of which is a product called Corexit 9500 previously approved by the Environmental Protection Agency for use on the sea surface only, have been dropped over the spill or shot undersea.Corexit 9500 is identified as a moderate human health hazard that can cause eye, skin or respiratory irritation with prolonged exposure, according to safety data documents. Louisiana Health and Hospitals Secretary Alan Levine said federal regulators dismissed state worries about the chemicals.Our concerns about the use of these dispersants underwater is based on the fact that there is virtually no science that supports the use of those chemicals, Levine said.
EPA Administrator Lisa Jackson has said she reserves the right to halt the use of chemical dispersants at any time if new data show more serious environmental harm is occurring.The Obama administration insists its response has been aggressive ever since the spill started, and the president said he shared the anger and frustration of those affected. He announced that the Interior Department would review whether the Minerals Management Service is following all environmental laws before issuing permits for offshore oil and gas development. BP's drilling operation at Deepwater Horizon received a categorical exclusion, which allows for expedited oil and gas drilling without the detailed environmental review that normally is required. Obama already had announced a 30-day review of safety procedures on oil rigs and at wells before any additional oil leases could be granted. And earlier in the week Salazar announced plans to split the much-criticized Minerals Management Service into two agencies, one that would be charged with inspecting oil rigs, investigating oil companies and enforcing safety regulations, while the other would oversee leases for drilling and collection of billions of dollars in royalties. Salazar has said the plan will ensure there is no conflict, real or perceived,regarding the agency's functions.Associated Press writers Janet McConnaughey near Fort Jackson, Erica Werner, Matthew Daly and Frederic J. Frommer in Washington, Jason Dearen in New Orleans and Melinda Deslatte in Baton Rouge, La., contributed to this report.
Huge BP spill means a high-stakes hurricane season By Joshua Schneyer – Fri May 14, 5:42 pm ET
NEW YORK (Reuters) – BP's oil spill could make for one of the highest-stakes U.S. Gulf hurricane seasons on record.
Storms may scuttle clean-up efforts, force containment vessels to retreat, or propel spilled crude and tar balls over vast expanses of sea and beach, scientists said.
Meteorologists say that climate conditions are ripe for an unusually destructive hurricane season, the storm-prone period that runs from June 1 to the end of November in the Gulf. Oceanographers say that could hurt the clean-up.If a storm comes into this situation it could vastly complicate everything, said Florida State University oceanography professor Ian MacDonald.All efforts on the shoreline and at sea, the booms and structures and rigs involved in clean-up and containment, could stop working.As thousands of spill responders gird for a clean-up that could last for months or years after the leaking well is capped, weather and ocean currents are emerging as major unknowns, raising anxiety levels, economic and environmental stakes in the Gulf as storm season nears.Compounding the uncertainty is how little research has been done on how storms affect oil spills. Some believe storm surges may help disperse the oil off shore or break down the slick. Other research suggests the oil slick itself could keep storms from gathering strength.Recent Atlantic Basin readings showed water temperatures up to 0.8 degrees Celsius above normal, and near a record high for the season. El Nino, which creates wind shear that can prevent Gulf hurricanes from forming, has recently subsided. The factors could spur major storms in the Gulf this year.It only takes one storm to wreak havoc, said Chris Shabbot, a meteorologist at Sempra in Connecticut. The consensus forecast is for above average storm activity as the El Nino (event) decays and the Atlantic is as warm or warmer than 2005.Colorado State University's renowned team of forecasters is calling for an above-average hurricane season that may bring 15 named storms this year, eight of hurricane strength.Accuweather's Joe Bastardi also fears a destructive season.I hate to say it since the oil spill is already affecting people, but I think this hurricane season is going to be big, he said in an interview.The next official hurricane season outlook from the government's National Oceanic and Atmospheric Administration is due on May 20.
STORMS AND CURRENTS
Miles and miles of booms have been placed offshore along the Gulf Coast to help stop the slick from making landfall.Amid the menacing forecasts, oceanographers and spill-responders are considering how storms and deep ocean currents would affect the movement of spilled oil, which authorities say could soon hit land in Louisiana, Mississippi, Alabama or Florida.The U.S. coast of the Gulf of Mexico spans some 1,680 miles. The spill, gushing an estimated 5,000 barrels a day from a subsea oil well 50 miles south of Louisiana, has formed a thin oil slick that covered more than 1,200 square miles in late April, according to Louisiana State University researchers. The slick has been harder to define this month, and may be shrinking, LSU professor Nan Walker said.Lurking under the sea surface, viscous tar balls are forming, facilitated by wave activity, as the heavier hydrocarbon molecules gradually sink toward the sea-floor, a process that can take months, scientists said. Experts are having trouble modeling how the oil will react in water since BP hasn't disclosed exactly what kind of crude is spilling. Lighter oil evaporates quicker and is more easily dispersed by chemicals. Heavier crude can be more damaging to marine or bird life, but it could sink faster or be easier to contain. As many as 520 vessels are already responding to the spill throughout the Gulf, according to U.S. authorities. Efforts to stop the spill involve drilling relief wells from a seaborne rig, which BP says could take three months. The company is also trying to cap the leak with a metal funnel on the sea-floor, to gather oil into a giant hose connected to a storage ship above. Both of those efforts could be disrupted by tropical storms, which can force evacuation of oil and gas rigs throughout the Gulf. Peter Niiler, an oceanographer at the Scripps Institution in San Diego, has researched how even winds caused by a low pressure cycle can displace floating scientific buoys from waters near Florida to Texas in less than a week. Anything on the ocean surface, including oil, can move very fast and just about anywhere that wind or currents push it, Niiler said. The oil slick might even reach waters and shores abroad, scientists and foreign authorities warned this week. Mexican officials say if the spill persists into the fall it could reach Mexican beaches along the country's Gulf Coast, the site of famed tourist destinations like Cancun. Some of the spilled crude should make its way into the LOOP current, a deep ocean stream that transfers heat from the tropics to higher latitudes and becomes the Gulf Stream.
If you look at it, the LOOP current could lead that oil right to Havana, Cuba, said Florida State's MacDonald. After sweeping near Havana, the LOOP current continues toward the Florida Keys and the Gulf Stream heads up the U.S. Eastern Seaboard. Some researchers said a wider dispersion of the spill may be good, and storms could help that process along. Researchers at NOAA, in a report last week, said the oil slick may also help to impede storm formation by preventing heat transfer from sea to air.
There are two important issues here: the effect of hurricanes on the spill, and the effect of the spill on hurricanes, said Doron Nof, professor of oceanography at Florida State University. I think what a hurricane would do is break up the oil spill, making it even harder to clean up, he said.(Additional reporting by Robert Campbell in Mexico City; Editing by Alden Bentley)
EARTH DESTROYED WITH THE EARTH(BECAUSE OF SIN AND GODLESS PEOPLE)
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.
UK, Germany eye possible ash travel disruptions By JENNIFER QUINN, Associated Press Writer - MAY 15,10
LONDON – Volcanic ash from Iceland could disrupt air travel in both Britain and Germany in the next few days, officials said Saturday.The British Department of Transport said there was a risk that parts of British airspace could be closed beginning Sunday and those problems could continue through Tuesday. The predictions are based on the continuing eruption of Iceland's Eyjafjallajokul volcano and current wind and weather conditions.It said different parts of British airspace — including England's southeast, home to Europe's busiest airport at Heathrow as well as Gatwick, Stansted and other top airports — could close at different times through the next few days.In Germany, air traffic control spokesman Axel Raab told The Associated Press that German air travel could face possible disruptions starting Monday but cautioned that indicators were still very, very vague.Germany will send up a test flight Sunday to measure the ash concentration, German Aerospace Center spokesman Andreas Schuetz said — a measure welcomed by Lufthansa, Germany's largest airline, which last month criticized air traffic authorities for their lack of ash testing.Any decision on German air space closures will be made after examining Sunday's weather forecasts at an emergency meeting with meteorologists, Raab said.
In Iceland, civil protection official Agust Gunnar Gylfason said the intensity of the Eyjafjallajokul eruption had not changed but wind conditions had.The winds in the vicinity of the volcano are not quite as forceful as they have been, so the ash plume is higher closer to the volcano, he said.The weather patterns are the predominant factor in deciding where the ash goes.The Met Office, Britain's weather forecaster, said Saturday that the wind is expected to change direction Tuesday, which would lower the risk of travel disruptions.Transport Secretary Philip Hammond said five-day forecasts are now being published to give airlines and travelers the best possible information. However, he said the situation remains fluid and these forecasts are always liable to change.British airport operator BAA said on its website Saturday that all of its facilities are open, but the ash cloud continues to cause occasional problems.It said it would have a clearer idea of how the ash could affect southern England over the next 24 hours.Airlines, including Lufthansa and British Airways, have criticized past air space closures as an overreaction by regulators.The controversy over how to handle the flight disruptions led to the resignation of a top Lufthansa executive, news weekly Der Spiegel reported Saturday.
Stefanie Stotz, a spokeswoman for Lufthansa, confirmed that chief security pilot Juergen Steinberg is leaving by mutual agreement on Aug. 1. He had criticized Lufthansa's leadership for operating flights under visual flight rules while German airspace was still officially closed because of the ash cloud.Steinberg represents some 4,000 pilots and advises Lufthansa's board on security issues.In Rome, Italy's civil aviation agency fined Ryanair some euro3 million ($3.7 million) for failing to help 178 passengers stranded last month when flights were canceled due to the volcanic ash cloud. The ENAC agency said those Ryanair passengers didn't receive mandatory assistance such as food, drink and lodgings during the April 15-22 flight shutdown across much of Europe.Ryanair said the company hadn't been informed of the fine.Associated Press writers Juergen Baetz in Berlin and Frances D'Emilio in Rome contributed to this report from Berlin.
AS USUAL ISRAEL PUSHED,BLAMED-JOHN LOEFFLER
http://britanniaradio.blogspot.com/2010/05/john-leoffler-steel-on-steel-dodging.html#links
MAX KEISER
http://www.youtube.com/watch?v=dOhXUSBR3hs&feature=player_embedded
http://britanniaradio.blogspot.com/2010/05/sarko-speaks-euro-plunges-tory-splits.html#links
SCHIFF-GREECE SHOULD HAVE DEFAULTED
http://www.youtube.com/watch?v=syZBdkIwWxw&feature=player_embedded
http://www.youtube.com/watch?v=nE_2RCVkq1w&feature=player_embedded
http://www.youtube.com/watch?v=JvOigT7S3VA&feature=player_embedded
http://www.youtube.com/watch?v=_ZUOABPsqj4&feature=player_embedded
http://www.youtube.com/watch?v=Li4HFDhz3So&feature=player_embedded
http://www.youtube.com/watch?v=DlnOv-tVpYw&feature=player_embedded
http://www.youtube.com/watch?v=YGAaPjqdbgQ&feature=player_embedded
MUSLIM GIRL IN FAVOUR OF ISRAEL DISAPPEARING-STICKS UP FOR HAMAS
http://www.youtube.com/watch?v=8fSvyv0urTE&feature=player_embedded
THIS IS WHY SOEOTORO-OBAMA AND HIS CHICAGO THUGS LOVE GOOGLE AND ARE TIGHT.
Germany lashes out at Google for privacy breach By JUERGEN BAETZ, Associated Press Writer - MAY 15,10
BERLIN – Germany's consumer protection minister strongly criticized Google for a widespread privacy breach and insisted Saturday the U.S. Internet giant must cooperate better with data protection authorities.Google Inc. issued an apology Friday, acknowledging it has been vacuuming up fragments of people's online activities broadcast over public Wi-Fi networks for the past four years while expanding a mapping feature called Street View.Minister Ilse Aigner said the alarming incident showed that Google still lacks an understanding of the need for privacy.According to the information available to us so far, Google has for years penetrated private networks, apparently illegally, her office said in a statement Saturday.The ministry also accuses Google of withholding information requested by German regulators.Only two weeks ago, Google was telling Germany's consumer protection authorities that it was only recording the network's names and addresses. Repeated questions about whether the company was gathering even more data remained unanswered, the statement said.Maintaining people's trust is crucial to everything we do, Alan Eustace, Google's top engineering executive, wrote in a blog post.We are acutely aware that we failed badly here.Google has characterized its collection of snippets from e-mails and Web surfing done on public Wi-Fi networks as a mistake and said it has taken steps to avoid a recurrence. The company said it only recently discovered the problem following the inquiry from German regulators.Street View provides photographs of neighborhoods taken by Google cameras. The service has been enormously controversial in Germany and other countries as privacy groups and authorities fear that people — filmed without their consent — could be seen doing things they didn't want to be seen doing or in places where they didn't want to be seen.
The German ministry is now demanding that Google follow through on pledges to disclose its activities to data protection authorities in all countries.It also has to be disclosed to German data protection agencies which information is registered and how the illegitimately gathered data of unprotected wireless networks will be deleted,Aigner's ministry said.Google gathered about 600 gigabytes of data from Wi-Fi networks in more than 30 countries, including the United States. Google plans to delete it all as soon as it gains clearance from government authorities. None of the information has appeared in Google's search engine or on other services, according to Eustace.The latest incident has prompted Google to abandon its effort to collect Wi-Fi network data.In an apparent show of its commitment to privacy, Google also said it will introduce a new option next week that will let it users encrypt searches on its Web site as an added protection against unauthorized snooping.
Secretive speed traders in spotlight after crash By BERNARD CONDON, AP Business Writer - MAY 15,10
NEW YORK – If you saw a penny on the sidewalk, would you pick it up? You may think it's not worth the effort, but a breed of investors who have been in the news do. Using super-fast computers, high-frequency traders in effect bend down to pick up pennies lying about in the stock market — then do it again, sometimes thousands of times a second.More than a week after the Dow Jones industrial average fell nearly 1,000 points, its biggest intraday drop ever, regulators are still sifting through buy and sell orders to figure out what sparked it. One big focus are orders placed by high-frequency traders, or HFTs, and for good reason. These quick-buck firms barely existed a few years ago but now account for two-thirds of all U.S. stock trading.In other words, all those TV pictures of the stately New York Stock Exchange building on the evening news are an illusion. The real action on Wall Street is far away in Kansas City, Mo., and in New Jersey, in towns like Carteret and Red Bank, where HFTs named Tradebot and Wolverine and Tradeworx ply their trade.High-frequency trading firms, which number over 100, use computers programmed with complex mathematical formulas to comb markets for securities priced too high or too low because traders haven't had to time to react to the latest data. The computers then buy or sell in a split second, locking in a profit.The opportunities seem hardly worth noting. They're not just fleeting, but small, often a penny or less.But those pennies can add up to a lot of money, enough to draw the attention of Goldman Sachs Group Inc., the giant Chicago hedge fund Citadel Investment and other big financial firms. In recent years they've paid hundreds of millions of dollars for stakes in high-frequency trading companies.The money has stoked what was already fierce competition among the firms for a leg up.To spot opportunities and act on them before others, HFTs are constantly hunting for faster computers. They also locate themselves close to the big exchanges' data centers. That can cut their trade times by milliseconds.One way these traders make money is by exploiting the fact that stock indexes sometimes don't immediately reflect falling or rising prices of their component stocks, said Manoj Narang, chief executive at Tradeworx of Red Bank, N.J. If Microsoft shares rise 5 percent but an index fund that includes it such as the SPDR S&P 500 lags by a fraction of second to adjust, his computers will automatically buy shares of SPDR S&P 500 at the lower price and then sell them again when they are fully valued.
Or maybe Microsoft is trading in London at a penny less than it's trading at the same moment in New York. A high-frequency trader will buy shares in London and wait for them to rise.Since the discrepancy lasts a mere fraction of a second, speed is key.Narang boasts it takes only 15 millionth of a second for his computers to place a buy or sell order after detecting an opportunity.Or, as he puts it, If you try to pick up the penny, we'll probably beat you to it.
So is that good or bad for the market?
If you listen to HFTs, all their fast trading benefits big and small investors alike. More trading means more bids and asks for shares, and that cuts the time needed to find someone willing to buy what you're selling or vice versa. Costs also fall. With more bids and asks, the difference between the price you seek and the price offered (what traders call the spread) will likely narrow. You get to keep more of your money.High-frequency traders see themselves as part of a long tradition of using technology to shake up Wall Street.For decades an order to buy or sell a security went to a person in a trader's jacket standing on the floor of an exchange, often at the NYSE in Lower Manhattan. If you wanted to sell stock in General Electric, for instance, these so-called specialists would find a buyer. If they couldn't find one, they bought it themselves. In exchange for their services, the specialists pocketed some of the difference between the price at which you were willing to buy and the price at which a GE holder was willing to sell. This system came under attack in the early 1980s from Nasdaq, a rival marketplace for stocks, which began using computers to make trades. The pitch was it could match buyers and sellers faster than humans, and for less money. Then, starting in the late '90s, the NYSE specialists got hit again, this time with a series of blows: new rules encouraging computer matching of buyers and sellers, a shift to quote stock prices in minute increments of decimals instead of fractions, and a decision to cut the minimum spread that specialists or other middlemen could grab for themselves from 6.25 cents per share to a penny. It used to be an oligopoly, an old boy's club, said Irene Aldridge, head of an HFT shop called Able Alpha Trading and author of High-Frequency Trading.But now it's a completely level field.Critics of high-frequency trading say all this talk about narrowing spreads for ordinary investors distracts from a key problem: Split-second trading without human supervision is a recipe for disaster
Exhibit A: the May 6 crash.
One theory about the drop is that, unlike the NYSE, the new exchanges and trading networks catering to HFTs didn't apply any circuit breakers.These are designed to halt trading momentarily during a freefall to stop selling from feeding on itself. In others words, without circuit breakers the computers went crazy. Another theory holds that it wasn't quick-fire trading by HFTs that made things worse but a lack of it. Some reportedly pulled back when stocks started dropping, removing liquidity when it was needed the most. Whatever the answer, this much is true: These secretive firms are likely to grab the spotlight for a while now. And their trading might get even more frenetic. After the May 6 freefall, all manner of trading rules are up for debate. But it's worth noting that until recently regulators were considering cutting the minimum spread again, possibly to half a penny. People will be needing even better computers,said author Aldridge.
MUSLIM NATIONS
EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)
DANIEL 11:40-43
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.
JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
Palestinians mark displacement in 1948 Mideast war By RIZEK ABDEL JAWAD, Associated Press Writer – Sat May 15, 10:47 am ET
GAZA CITY, Gaza Strip – Bitter Palestinian rivals marched together Saturday in a rare show of unity as they marked 62 years of displacement in the war surrounding Israel's creation.Loyalists of rival groups Hamas and Fatah held Palestinian flags and a giant key symbolic of their hoped-for return as part of annual commemorations of what they call the catastrophe, or nakba in Arabic. The names of the villages and towns emptied during the war were written across the key, alongside the slogan We will return.The plight of the refugees — who fled or were driven from their homes during the 1948 Israeli-Arab war — is one of the most emotionally charged issues for Palestinians and Israel to resolve.Palestinian negotiators have demanded at least partial repatriation. Israel has refused, saying an influx of refugees would dilute Israel's Jewish majority and threaten the existence of the state.Gaza's Hamas rulers invited their Fatah rivals to participate in Saturday's march, a rare gesture from the Islamic militant group since it seized Gaza and ousted Fatah forces in June 2007. In previous years, different Palestinian factions organized their own events, highlighting their inability to work together on key issues.No political speeches were made — an apparent nod to the fundamental ideological differences between Hamas and Fatah. Marchers also were asked not to raise the flags of their parties. Some Fatah women got around the ban by wearing yellow headscarves, the color of their movement.Some 4.7 million Palestinians refugees and their descendants are scattered across the West Bank, Gaza, Lebanon, Jordan and Syria, according to U.N. figures. About one-third still live in U.N.-supported refugee camps.
At the Gaza rally, marcher Amina Hasanat, 50, held up tattered documents she said showed her family owned a house and land in what is now the southern city of Beersheba in Israel. They (the Jews) can go back to where they came from, and we will return to our homes and lands, Hasanat said.In the West Bank city of Ramallah, hundreds of Palestinian motorists and pedestrians halted as a one-minute siren wailed to mark the anniversary. Smaller marches took place in other West Bank towns and in east Jerusalem.In Lebanon, the militant Hezbollah group, which fought a guerrilla war against Israeli forces until they withdrew from south Lebanon in 2000, said in a statement that resistance and sacrifice are the only way to retake Arab-claimed lands.At the 62nd anniversary of nakba, we call upon all Arabs to keep the Palestinian cause alive in the eyes and hearts of all generations, said Hezbollah, which also battled Israel in a 34-day war in 2006 that left some 1,200 Lebanese and 160 Israelis dead.Egypt, meanwhile, opened its usually closed border crossing with Gaza on Saturday for the first time in 75 days to allow medical patients and Gazans with residency abroad to leave the blockaded territory. Israel and Egypt have been keeping Gaza's borders largely closed since the 2007 Hamas takeover, but Egypt periodically opens its Rafah passenger terminal with Gaza to allow hardship cases to cross.Gaza's Interior Ministry said some 8,000 Gazans had registered to leave during the scheduled four-day opening. By mid-afternoon Saturday, seven buses had crossed from Gaza into Egypt.On Gaza's border with Israel, the body of a 78-year-old Palestinian man was found shot dead, said Dr. Adham Abu Salmiyeh of the northern Gaza hospital Kamal Adwan.An Israeli military spokesman said forces confirmed shooting a man who approached the border fence on Friday evening.Israel has declared a swath of land on the Gaza side of the border as a no-go zone, and those approaching it risk getting shot by Israeli patrols. Israel says it's a security measure, to prevent infiltration and attacks by Gaza militants.Associated Press Writers Diaa Hadid in Jerusalem and Bassem Mroue in Beirut contributed to this report.
Iranian cleric wants creation of Greater Iran By ALI AKBAR DAREINI, Associated Press Writer – Sat May 15, 8:53 am ET
TEHRAN, Iran – A radical cleric called Saturday for the creation of a Greater Iran that would rule over the entire Middle East and Central Asia, in an event that he said would herald the coming of Islam's expected messiah.
MY COMMENT THIS IS WELLBOY MAHDI OF SHIIT ISLAM.NUKE ISRAEL-MAUDI RULES EARTH.WE ARE GETTING REAL CLOSE TO THE RUSSIA-MUSLIMS 5/6TH DESTRUCTION BY NUKES.
Ayatollah Mohammad Bagher Kharrazi said the creation of what he calls an Islamic United States is a central aim of the political party he leads called Hezbollah, or Party of God, and that he hoped to make it a reality if they win the next presidential election.Kharrazi's comments reveal the thinking of a growing number of hard-liners in Iran, many of whom have become more radical during the postelection political crisis and the international standoff over the country's nuclear program. Kharrazi, however, is not highly influential in Iran's clerical hierarchy and his views do not represent those of the current government.Kharrazi's comments were published Saturday in his newspaper, Hezbollah.He said he envisioned a Greater Iran that would stretch from Afghanistan to Israel, bringing about the destruction of the Jewish state.He also said its formation would be a prelude to the reappearance of the Mahdi, a revered ninth-century saint known as the Hidden Imam, whom Muslims believe will reappear before judgment day to end tyranny and promote justice in the world.The Islamic United States will be an introduction to the formation of the global village of the oppressed and that will be a prelude to the single global rule of the Mahdi, the Hezbollah newspaper quoted him as saying.
Besides Israel, he said the union would also destroy Shiite Iran's other regional adversaries, whom he called cancerous tumors. He singled out secular Arab nationalists such as members of Saddam Hussein's Baath Party in Iraq, as well as followers of the austere version of Sunni Islam practiced primarily in Saudi Arabia that is known as Wahabism.Saudi Arabia and other Sunni Arab nations have watched Iran's growing regional clout with deep concern.The growing voice of hard-liners like Kharrazi has deepened worries even if it appears unlikely such a divisive figure would win the 2013 presidential election.Still, even President Mahmoud Ahmadinejad said on Thursday that he expects the government which follows his to be ten times more revolutionary.
I WRITE NEWS ABOUT AND PUT NEWS ARTICLES ABOUT ISRAEL AND JERUSALEM PERTAINING TO BIBLE PROPHESY HAPPENINGS.JOEL 3:20 But Judah (ISRAEL) shall dwell for ever, and Jerusalem from generation to generation.(THATS ISRAEL-JERUSALEM WILL NEVER BE DESTROYED AGAIN)-WE CHRISTIANS ARE ALL WAITING PATIENTLY FOR THE PRE-TRIBULATION RAPTURE TO OCCUR.SO WE CAN GO TO JESUS AND GET OUR NEVER DYING BODIES.SO WE CAN RULE OVER CITIES OURSELVES.WHILE JESUS RULES FROM DAVIDS THRONE FOREVER IN JERUSALEM.
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Saturday, May 15, 2010
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COMMUNIST NAZI PROSTITUE PUPPET MEDIA OF CANADA IN KAHOOTS WITH COMMUNIST-NAZI LIBERAL LEADER TRUDEAU TO DESTROY TRUCKERS. THE PROPAGANDA PR...
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JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN S...
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DEFEATING DEMONIC SPIRITS (PART 2) RELATED PART 1 http://israndjer.blogspot.ca/2006/08/defeating-demonic-powers.html GIFTS OF THE SPIR...