Saturday, June 26, 2010

FIN-REG ADVANTAGE TO BIG BANKS

HELP DOUG HAGMANN SOLVE A 32 YR OLD MURDER LISTEN TO HR 1-2-JUNE 25,10
http://therothshow.com/show-archives/june-2010/

LISTEN TO THE SHOW HERE INFOWARS.COM
http://www.infowars.com/
OBAMA DECEPTION
http://www.youtube.com/watch?v=eAaQNACwaLw
FALL OF THE REPUBLIC MOVIE
http://www.youtube.com/watch?v=F8LPNRI_6T8&feature=player_embedded
ENDGAME GLOBAL ENSLAVEMENT
http://video.google.com/videoplay?docid=1070329053600562261
POLICE SATE 4-THE RISE OF FEMA MOVIE
http://www.youtube.com/watch?v=Klqv9t1zVww&feature=player_embedded
INVISIBLE EMPIRE MOVIE
http://www.youtube.com/watch?v=NO24XmP1c5E&feature=player_embedded
BOHEMIAN GROVE NWO OCCULTISTS
http://video.google.com/videoplay?docid=-82095917705734983
WITCHCRAFT IN THE WHITE HOUSE
http://www.youtube.com/watch?v=AmaiX86sUoc&feature=related
http://www.youtube.com/watch?v=IF2eILED00s&feature=related
http://www.youtube.com/watch?v=ZARWvlz_yKI&feature=channel_page
http://www.youtube.com/watch?v=Sbh7KrUwawI&feature=channel
http://www.youtube.com/watch?v=4IG0tmvCozU&feature=channel
http://www.youtube.com/watch?v=NgP-SyrooKI&feature=channel
OBAMA SCAM
http://www.youtube.com/watch?v=9V1nmn2zRMc&feature=player_embedded
PHIL BERG - OBAMA CRIMES
http://obamacrimes.com/
LAURIE ROTH SHOW
http://therothshow.com/
DOUG HAGMANN
http://homelandsecurityus.com/
CANADA FREE PRESS-JUDI MCLEOD
http://www.canadafreepress.com/

JUNE 29TH ELLIGABILITY CASE
http://www.wnd.com/index.php?fa=PAGE.view&pageId=137773

AND THE OTHER ISSUE WE MUST KEEP ON THE TABLE AND IN PEOPLES MEMORY IS THAT BARRY SOETORO IS REALLY BARACK OBAMAS REAL NAME AND HE WAS BORN IN KENYA NOT AMERICA.BARRY SOETORO AKA BARACK OBAMA IS NOT ELLIGABLE TO BE THE PRESIDENT OF THE USA GOVERNMENT.EVERYTHING HE SIGNS IN BARACK OBAMA IS ILLEGEL,BECAUCE HIS REAL NAME IS BARRY SOETORO.AMERICAS CONSTITUTION WILL BE IN SHAMBLES ONCE THIS SCAM IS FINALLY REVEALED TO THE WORLD.

BY THE TIMELINE IN OBAMAS OWN BOOKS-OBAMA WENT TO PAKISTAN ON HIS INDONESIAN PASSPORT.ANOTHER ISSUE OUT OF 400 PEOPLE AT COLUMBIA THAT GRADUATED THE YEAR OBAMA OR BARRY SOETORO DID,NO ONE COMES FORWARD TO SAY THEY KNEW HIM.HOW COME AT HAWAII HOSPITAL WERE OBAMA CLAIMS HE WAS BORN,NO NURSES OR ANYBODY CAME FORWARD TO SAY THEY WITNESSED OR TOOK PART IN THE BIRTH.THIS BARRY SOETORO OR AKA BARACK OBAMAS LIFE IS A COMPLETE FRAUD.AND AMERICA IS CONNED TO BELIEVE THE LIE.WHY WOULD SOETORO AKA OBAMA SPEND 2 MILLION DOLLARS TO STOP ALL THESE LAWSUITS IF THERES NO COVERUP.HE WOULD JUST SHOW THE PROOF OF EACH EVENT-PLACE OF BIRTH,CERTIFICATE AND REAL NAME BARRY SOETORO INDONESIAN PASSPORT.

The proof is everywhere from statements and affidavits from Government parliament sources and Obama’s own Grandmother who says she saw him born in a hospital in Mombassa Kenya. The former ambassador to Kenya says Obama was born in Mombassa Kenya, so do others. Check out the affidavits at www.obamacrimes.com and join Phil Berg and other concerned citizens for a huge eligibility protest march May 29th 12-4pm.

NOW THE MEDIA IS RUBBING THE TRUTH IN OUR FACE TO TRY TO MAKE THAT FRAUD OBAMA A NOTHING SCAM OF HIS CERTIFICATE.

Obama to host Africa independence celebration
JUNE 25,10


HUNTSVILLE, Ontario (Reuters) – President Barack Obama, whose father was Kenyan, will host a 50th anniversary celebration of 18 African nations' independence in Washington this summer, senior U.S. officials said on Friday.It will not just mark the 50th anniversary of independence but will really look forward and invite young leaders from each of those countries to discuss the future as well, one official said. The event will be held in early August.Obama's father studied in the United States and returned to work in his post-independence homeland. But he died disappointed with how little freedom from colonial rule had delivered, according to the younger Obama's own account.The son told a G8 summit that 50 years later we want to make sure we get this on track, and emphasized how development must be based on evidence and data to determine which methods yielded results and which ones should be dropped, the officials said.(Reporting by Alister Bull, Editing by Chizu Nomiyama)

MUSLIM ADMITS ISLAM VIOLENT RELIGION
http://www.youtube.com/watch?v=QU_BczRk2wo&feature=player_embedded
http://www.youtube.com/watch?v=U452hvls57A&feature=player_embedded
JOHN LOEFFLER - TRUTHS
http://britanniaradio.blogspot.com/2010/06/john-loeffler-steel-on-steel-224newt.html#links
ATLAS SHRUGS
http://www.youtube.com/watch?v=qftK5ROBVH4&feature=player_embedded
CRIME INC CON
http://britanniaradio.blogspot.com/2010/06/glenn-beck-show-discussion-june-21-2010.html#links
HELP DOUG HAGMANN SOLVE A 32 YR OLD MURDER LISTEN TO HR 1-2-JUNE 25,10
http://therothshow.com/show-archives/june-2010/

SIGNS OF THE END OF THE AGE (NOT THE WORLD) THE WORLD GOES ON FOREVER.

GENESIS 1:5,14
5 And God called the light Day, and the darkness he called Night. And the evening and the morning were the first day.
14 And God said, Let there be lights in the firmament of the heaven to divide the day from the night; and let them be for signs, and for seasons, and for days, and years:(ISRAELS HOLY DAYS AND SABBATH STARTS AT 6PM) And for SIGNS (PROPHECY SIGNS TO HAPPEN IN THE FUTURE, OUR DAY)

SIGNS IN THE SUN, MOON AND STARS

LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

Partial lunar eclipse to dominate sky
Fri Jun 25, 6:34 pm ET


LOS ANGELES – Attention skygazers: A portion of the moon will cross into the Earth's shadow Saturday during a partial lunar eclipse visible in the western United States and Canada, the Pacific and eastern Asia.For West Coast viewers, the eclipse will occur in the pre-dawn hours. It will begin at 3:17 a.m. PDT and end about three hours later.During a lunar eclipse, the Earth blocks out some of the sun's rays that would normally reach the moon. Slightly more than half of the moon's surface will be shaded at the eclipse's peak.Saturday's partial eclipse is a preview to the total lunar eclipse in December that will be visible throughout North America.
Online:NASA eclipse page: http://eclipse.gsfc.nasa.gov

A FALSE PROPHET COMES FROM THE VATICAN ALSO AT THIS TIME.

REVELATION 13:11-18
11 And I beheld another beast coming up out of the earth; and he had two horns like a lamb, and he spake as a dragon.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
13 And he doeth great wonders, so that he maketh fire come down from heaven on the earth in the sight of men,
14 And deceiveth them that dwell on the earth by the means of those miracles which he had power to do in the sight of the beast; saying to them that dwell on the earth, that they should make an image to the beast, which had the wound by a sword, and did live.
15 And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed.
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

REVELATION 17:1-18
1 And there came one of the seven angels which had the seven vials, and talked with me, saying unto me, Come hither; I will shew unto thee the judgment of the great whore that sitteth upon many waters:
2 With whom the kings of the earth have committed fornication, and the inhabitants of the earth have been made drunk with the wine of her fornication.
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
4 And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication:
5 And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH.
6 And I saw the woman drunken with the blood of the saints, and with the blood of the martyrs of Jesus: and when I saw her, I wondered with great admiration.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
8 The beast that thou sawest was, and is not; and shall ascend out of the bottomless pit, and go into perdition: and they that dwell on the earth shall wonder, whose names were not written in the book of life from the foundation of the world, when they behold the beast that was, and is not, and yet is.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
11 And the beast that was, and is not, even he is the eighth, and is of the seven, and goeth into perdition.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.
14 These shall make war with the Lamb, and the Lamb shall overcome them: for he is Lord of lords, and King of kings: and they that are with him are called, and chosen, and faithful.
15 And he saith unto me, The waters which thou sawest, where the whore sitteth, are peoples, and multitudes, and nations, and tongues.
16 And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.
17 For God hath put in their hearts to fulfil his will, and to agree, and give their kingdom unto the beast, until the words of God shall be fulfilled.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.

World Religious Leaders Press G8 Nations on MDGs
By Ethan Cole|Christian Post Reporter

Ahead of the G8 meeting in Canada this weekend, religious leaders from diverse faiths and countries issued a statement on Wednesday calling for the fulfillment of the U.N.’s Millennium Development Goals.Some 80 senior leaders representing nine different faiths – Christian, Aboriginal, Bahai, Hindu, Jewish, Muslim, Shinto, and Sikh – and hailing from more than 20 countries urged political leaders to fulfill the MDGs.They pointed out that the MDGs will approach the two-thirds deadline this September.The MDGs are eight social development and poverty alleviation goals that governments worldwide have committed to fulfill by 2015. They include eradicating extreme poverty and hunger, achieving universal primary education, combating HIV/AIDS and other diseases, and reducing child mortality.Military power and economic dominance are the basis for inclusion in a G8 and G20 global leaders’ summit, the statement by faith leaders reads.The voices of the other 172 members of the United Nations are absent.In our faith traditions, we strive to listen to the weak and the vulnerable,it continues.Their voices must be included in decisions that affect them and all of us.The religious leaders, which include the Rev. Jim Wallis, founder of Sojourners and the Rev. Dr. Andre Karamaga, general secretary of the All Africa Conference of Churches, have called specifically for concrete actions to meet the immediate needs of the world’s most vulnerable, to prioritize long-term environmental sustainability, and to work for peace and remove factors that feed into violent conflict.

A record-high of one billion people, the faith leaders emphasized, are now chronically hungry every day, according to the U.N. World Food Program statistic. Faith leaders said despite differences in their religions, a common tenet is that people should treat others as they want to be treated.The suffering of anyone is of concern to us all,they wrote. Our prayers and wishes for wisdom and compassion are with our political leaders at this critical moment.The G8 summit will take place June 25-27 in Ontario, Canada. The larger G20 summit is also scheduled for June 26-27in Ontario.

HOARDING OF GOLD AND SILVER

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

US overhaul could push some trading overseas By ALAN CLENDENNING, AP Business Writer - JUNE 25,10

MADRID – Will the U.S. financial overhaul push big firms to transfer business to Europe? Some say no: Europe is also working on efforts to tighten up on risk-taking, though Asia and non-EU member Switzerland still remain more loosely regulated.Now that the bill aimed at cracking down on the abuses that caused the 2008 financial crisis has been agreed on by U.S. House and Senate negotiators, analysts are scrambling to calculate whether the new changes for regulatory regimes will disfavor lucrative activities and create an incentive to move trading desks.At first glance, one potential competitor — the 16-country eurozone — could be seen as a less likely destination for anyone wanting to shift operations, because governments are already pledging to crack down on risk-taking bankers in the hopes of warding off more expensive bailouts. A European plan for new regulation could be in place in a month, with approval perhaps a year away.The new government in Britain, with its City of London financial district, is also moving to levy a new tax on the assets of the biggest banks, and the outgoing government imposed a one-off, 50 percent tax on outsized, unpopular bank bonuses.So a more likely departure destination could be Asia, the thinking goes — although many officials, banks and analysts said they hadn't had a chance to read and parse the bill. Lawmakers hope the House and Senate will approve the compromise legislation by July 4.The possibility is pretty good they will move some of their operations outside of the United States, but it's obvious they probably won't move to London or Frankfurt. Singapore, Shanghai, Hong Kong, Tokyo and Zurich are the best bets," Richard Bove senior vice president of equity research at Rochdale Securities in Stamford, Connecticut.

It's gonna cost them money, but they will find ways to move around the rules.Asia comes in strong as a destination for transferring financial trading operations because of a looser regulatory environment and business friendly reputation, some analysts said. Also, many international finance companies already systems have Asian divisions already set up that can be expanded, and the technology is generally first-rate.Meanwhile, Switzerland has a long banking history while it isn't a part of the European Union and isn't expected to join.If I was running one of the big banks, I would be saying: How does this affect my trading business, and where can I move that business so I can continue to operate? said Stephen Matlin, managing director of the Matlin Associates investment banking firm in Madrid.A lot of lawyers will be racking up a lot of hours on how to do this. They have been while the bill was being formed, and now they are on overdrive.Big European banks with U.S. operations like Deutsche Bank, Germany's biggest lender, said it's still too early to comment on the U.S. bill. We're currently evaluating it, said spokesman Roland Weichert. Several European finance ministries took the same no comment stance, but a spokesman for British Prime Minister David Cameron said he welcomed news of agreement on the U.S. bill.Like the U.S., the U.K. is taking serious steps to reform the content and system of our domestic regulation to ensure the future resilience of the financial sector, said the spokesman, who spoke on condition of anonymity as the matter had not yet been formally discussed.Obama presented the reforms to world leaders meeting in Huntsville, Ontario, said a European official present at the talks who requested anonymity. For Europeans, the U.S. is going in the right direction, he said, while adding that the details have not yet been studied.

Investors had been concerned that the financial regulation bill would curtail bank profits by limiting financial companies' ability to trade in derivatives — complex securities that derive their value from other assets such as stocks, bonds or foreign currencies and which investors often use to hedge against losses.Some derivatives are purely speculative investments, and some types of derivatives have been blamed for contributing heavily to the large losses suffered by banks and other companies during the 2008 financial crisis.The bill provides for derivatives trading to be regulated, but the harshest provisions related to the investments were not included.However, European regulators are expected to propose even harsher regulations for derivatives trading, and may see the watered down U.S. bill as not having gone far enough, analysts said. European banks are unlikely to make any strategic decisions now because they don't have enough information about the details that the European regulation might involve, said Stephen Lewis of London's Monument Securities. We don't know the final form of the EU legislation yet,he said. European banks probably have an advantage over their U.S. counterparts because they can redirect business currently booked in the USA to other financial centers, Lewis added.And some analysts predict an eventual European overhaul might come in piecemeal form, nation by nation.The U.S. overhaul seems to be taking the lead. In Europe, there are not so many restrictions on what banks can do, said Paul Ashworth, senior U.S. economist at Capital Economics in London.Europe is not pushing for it quite as much. And if it does get done, it's going to be done country by country.

But banking institutions have come to the conclusion that it is only prudent management to shift some of what you are doing outside the United states, Bove said.
Obviously not the whole trading operations, but why do you have to trade oil or currency in New York? Maybe you have to trade some commodities in Chicago, but there's a lot of things you don't have to trade there,he said. Contributing to this report: Associated Press Writers Jane Wardell and Emma Vandore in Huntsville, Ontario; David Rising in Berlin; Carlos Piovano in London contributed to this report.

Dodd-Frank Bill's Volcker Rule a Win for Big Banks
Jun 25 2010, 1:48 PM ET


Late last night, a revised version of the Volcker rule was passed by Congress' conference committee. It was watered down significantly from its original conception, championed by former Federal Reserve Chairman Paul Volcker. It allows banks to invest up to 3% of their tier 1 capital in private equity and hedge funds, but they cannot own more than a 3% ownership stake in any private equity group or hedge fund. The 3% capital threshold is a big enough loophole that most big banks won't have to curb their proprietary trading much, if at all. Moreover, the 3% ownership limit might even make banks riskier.

3% of Tier 1 Capital

How much is 3% of tier 1 capital? Here's a chart showing Tier 1 and 3% of that for five major banks: As you can see, the big banks can still do an awful lot of proprietary trading. According to a report from CNBC earlier this week, the 3% limit will likely only significantly affect Goldman Sachs, which generates around 10% of its revenue from proprietary trading. The other banks' magnitude of proprietary trading will be largely unaffected. This could result in Goldman shedding its bank holding company charter, so to avoid the Volcker rule altogether. The initial version of this draft would have used tangible common equity (TCE), instead of tier 1capital. Rep. Kanjorski (D-PA) objected to the change, noting that banks have a great deal more tier 1 capital than TCE, so this revision allows a lot more prop trading. His amendment to revert back the language accordingly was rejected, however.

3% Investment Share Limit

The other aspect of the rule would forbid banks from investing more than 3% in any private equity investment or hedge fund. This will likely cause banks to have to reduce their interests in some of their holdings, but ultimately it may work to their advantage. John Carney of CNBC explains why: The new limit will now give the banks an excuse to reduce the amount of capital they commit to a hedge fund, which was mostly done to convince clients that the banks had skin in the game. In fact, banks were being forced to commit more and more money to the funds to compete against other funds.By creating a ceiling of 3% in any single fund, the Volcker rule will now allow banks to say they have fully committed the legal maximum amount of capital to the fund. Customers will not be able to demand a larger commitment. The arms race stops at a stake of just 3%.Another source in the industry I spoke with noted another reason why the 3% requirement could make bank balance sheets even riskier for a different reason. Now banks will do more trading in-house, instead of bothering to establish private equity groups or hedge funds that would be open to outside investors. Their risk could be less diversified and more concentrated.

Conflict-of-Interest

In response to the Goldman-SEC case, this provision also included a section that would forbid banks originating asset-backed securities from participating in a transaction that could be a conflict-of-interest in regard to any such bond it issues for one year. For example, it can't sell an investor a MBS and then short it. While this might sound fine to anyone outside of Wall Street, the basic concept is somewhat incomprehensible. If a bank owns a pool of assets, say mortgages, the MBS it creates would essentially amount to selling those mortgages to investors. In other words, the bank implicitly takes a short position by selling its mortgages, while the investor takes a long position by purchasing them.In a less basic case, if a bank's preparing a synthetic collateralized debt obligation, then it must find two parties, one to take the long side, and another to take the short one. Now it can't participate in both sides of the transaction, however, since one would be deemed as a conflict-of-interest. It can't make markets. There may be ways around this, if two banks are involved in one transaction, but it makes the process much more cumbersome, if even possible.

No International Coordination

During conference, Republicans attempted to pass an amendment which would have required more international coordination before these new rules were adopted by U.S. banks. In particular, it would have required a majority of the G-20 nations go along before the rules take effect. Although some countries have indicated that they're open to Volcker rules of their own, there have been no firm commitments. Democrats rejected the amendment, seemingly unworried that American competitiveness could be threatened if other nations don't develop similar regulatory schemes. It's hard to see how this conception of the Volcker rule does much of anything for financial stability, assuming you believe that a well-constructed Volcker rule would have. Banks can continue to engage in prop trading at approximately the same magnitude as they have in the past. But now, they may be even riskier with less skin in the game and/or more in-house trading.

OBAMAS HOGWASH PLANS
http://www.youtube.com/watch?v=HccESM0bAt4&feature=player_embedded

How financial overhaul affects your everyday life By RACHEL BECK, AP Business Writer – Fri Jun 25, 2:50 pm ET

NEW YORK – The financial overhaul is about more than exotic derivatives and complex risk assessments. It will change how you interact with the financial system every day, from swiping your debit card at the store to applying for a mortgage.That includes new rules governing how we bank, borrow and invest, plus the creation of a new regulator to make sure financial transactions like signing up for a credit card are safer and easier to understand.The legislation does not go as far as some would have liked. Auto dealers, who make most car loans, won't face oversight by the new consumer bureau. Nor will banks with less than $10 billion in assets, even though they serve most communities in this country.

Here's a piece-by-piece guide to the new rules.

CONSUMER PROTECTION

A new Consumer Financial Protection Bureau, to be housed in the Federal Reserve but run independently, will have the power to write consumer protection rules for banks and other financial institutions, like mortgage lenders.It will also examine and enforce regulations already in place at mortgage lenders and banks that hold more than $10 billion in assets.The bureau will have the power to ban financial products that it considers unsafe. It could also outlaw anything that might be confusing to consumers, like the fine print on credit cards or mortgages.In theory, it could also block credit-card companies from charging especially high interest rates. The idea is to bring consumer regulation under one roof, rather than spreading it out among seven different agencies.It's hard to be an expert on economics and consumer protection at the same time, says Jeffrey Sovern, a law professor at St. John's University and an expert on consumer law.Still, the new bureau will cover only half the bank branches in the nation because of the $10 billion asset requirement, according to data from the National Community Reinvestment Coalition, a Washington-based consumer group.It also may not be as independent as it seems. If federal banking regulators object to new consumer protection rules, they can appeal to a newly created council made up in part of their fellow banking regulators.

CREDIT AND DEBIT CARDS

Say you walk into a gas station and pick up some soda, candy and gum. The total is $11, but there's a sign at the register saying you can only pay by credit card if the purchase is $20 or more.Under the new legislation, the minimum can be no more than $10, and only the Federal Reserve can raise it.The Federal Reserve will also have the power to limit the fees that card issuers can collect on debit-card transactions. But the rule applies only to big banks, not to credit-card issuers such as Visa and MasterCard. Right now, banks usually charge stores 1 to 2 percent for each swipe — fees that added up to nearly $20 billion last year. Stores and restaurants say lower fees would allow them to cut prices, and to hire more people.

But even if prices do fall at the store, banks might raise fees and rates for their customers. They could also scale back "reward" cards or free checking to make up for the money they're not collecting from stores and restaurants.

CREDIT SCORES

Right now, it can be maddeningly difficult to figure out your credit score. While you're entitled to one free credit report a year from each of the three credit reporting agencies under federal law, you almost always have to pay to see your actual score. Under the overhaul rules, any lender that turns down a borrower — whether it's for a mortgage, a department store credit card or an auto loan — because of his or her credit score has to tell the borrower what that score is, and for free.

MORTGAGES

Remember all those risky mortgages that borrowers got without ever showing proof of income? The ones that blew up and set off the housing crisis? Under the new rules, lenders will have to verify a borrower's income, credit history and employment status. On top of that, banks will have to hold on to at least 5 percent of the loans they make instead of selling them to investors. The idea is that they'll take fewer risks when they have skin in the game and aren't slicing, dicing and selling all their loans. They don't care about whether they make bad loans if the risk isn't theirs,says Dean Baker, co-director of the Center for Economic Policy and Research, a liberal Washington think-tank.Now they might have to.Of course, if the banks are scaling back their risks, that means it could be harder for you to get a mortgage.

INVESTOR PROTECTION

Regulators will have the authority to require all financial advisers to act in their clients' best interest. Practically speaking, this means disclosing fees, any disciplinary actions and potential conflicts of interest, such as commissions. Until now, not all brokers who sell stocks, bonds, annuities and other investments have to make such disclosures. They could steer you into mutual funds or college savings plans that pad their firms' profits or their own commissions, and you might never know. The Securities and Exchange Commission will study the issue for six months to determine whether average investors are sufficiently protected by the rules already in place or whether something stronger is called for.So the SEC could still decide not to act at all, meaning investors would still be stuck with a system in which their advisers can put their own financial interests, not the clients', first.

The EU Reform Treaty: Foundation for the Future
By Joachim Fritz-Vannahme, GERMANY 2008


The innovations of the Reform Treaty include greater rights for the European Parliament, the Citizens’ Initiative and a strengthening of the common foreign policy

The future of Europe began on 13 December 2007, the day on which the heads of state and government and the foreign ministers of the European Union (EU) signed the EU Reform Treaty in the Portuguese capital Lisbon. This also represented a success for German foreign policy: during the German EU Presidency in the first half of 2007 the Federal Government had managed to get the deadlocked negotiation process rolling again and thereby lay the foundation for Europe’s future. The document aims to guarantee the community’s ability to act on the basis of fundamental European values. All the member states still have to ratify the treaty so that it can enter into force as planned on 1 January 2009. In concrete terms, what benefits does the new EU treaty bring the citizens of Europe?

More Democracy
The first answer is simple. The community’s citizens have, for example, gained recourse to the instrument of the Citizens’ Initiative. With at least one million signatures, they can petition the European Commission to present legislative proposals. The Commission, however, does not have any obligation to do so. Nonetheless, the provision is a citizen-friendly instrument that many member countries do not have in their own constitutions. In everyday life, however, the extended powers of the European Parliament (EP), which is directly elected by the citizens of the EU, will have greater weight. As a rule, the Parliament will participate in decision-making in all policy areas and therefore attain equality with the Council (of national governments). The budgetary powers of the citizens’ representatives in the European Parliament are also being extended, and the so-called obligatory expenditure on agricultural policy, which still accounts for a good 40% of the budget, can no longer be exempted from their decisions. As a result, the representatives will finally have direct control of the people’s tax money.
More importantly and even more spectacularly, in future the President will be elected in a process linked to the results of the European elections – and no longer merely confirmed in office following appointment by national governments. That will perhaps enable a Europe-wide election campaign with presidential candidates in the 2009 European elections. If the national governments play along and take this opportunity, this election could become the first really exciting European ballot.
Citizens’ influence through parliament is also being reinforced in another area: in future, the national houses are to contribute actively to the smooth functioning of the Union. They now have eight weeks in which to investigate whether proposals from Brussels infringe on their rights of sovereignty or subsidiarity. This may appear rather complicated to the layperson, but the decisive thing is that members of national parliaments will no longer really be able to argue that everything was decided by people in Brussels: Europe will become a subject of national politics more than ever before. Responsibility for participation in European legislative processes will no longer only lie with the national government, but also with every individual MP. That is part of the EU Reform Treaty that will shortly be approved, for example, by members of the German Bundestag. With their vote, they will be making a commitment for the future.

Greater Transparency
New rules also apply for the Council, the forum of 27 member states and their governments. In future, it will be able to make decisions on the basis of a qualified majority in 181 EU policy areas (previously 137). New areas include police and justice cooperation or common transport policy. As a result, this body, which has undisputed democratic legitimation through national elections, will make decisions on the basis of normal parliamentary rules. The days of the veto are therefore numbered, and an individual country can no longer dictate the path taken by the majority. Decisions will thus become clearer and more understandable, which will not only increase the power of the Union, but also of citizens. Furthermore, when it comes to the legislative process, the Council will have to meet in public. The links to a true second chamber have thus been created, although the treaty is silent on the matter.

New Foundations
The opinion polls have been saying it for years: European citizens expect the Union to make a strong appearance on the world stage. The treaty does justice to this demand. In future, a High Representative will speak on behalf of the Union, and because he or she is also Vice-President of the Commission, he or she will also be able to command a powerful administrative apparatus, particularly as a new European External Action Service will be created.The Union will also become visible to a broader public through the creation of a President, who will head the European Council, the summit of heads of state and government that currently meets at least four times a year. He or she will be selected for two-and-a-half years, reelection is possible only once, and holding national office will be prohibited. How much scope the President will have and how powerful the office will be will depend on the identity and standing of the President.Finally, hidden away in a small passage of this complex contractual labyrinth lies one attractive improvement for EU citizens. For the first time, provision has been made for the possibility not only of accession to, but also of secession from the European Union. What does that mean for EU citizens? A great deal. After all, a withdrawal of this kind is only conceivable as a final step following deep dissatisfaction with the EU, for example, in the wake of hefty political debate within one member state. The Union should not fear such a debate, because it would be far better for internal harmony if a notorious malcontent were to go rather than stay and hinder the development of the remaining members. And the Treaty of Lisbon serves them well as a new basis for significant European benefit.(Joachim Fritz-Vannahme worked for many years as an editor at Die Zeit and is now in charge of Europe projects at the Bertelsmann Foundation. (Courtesy: Deutschland Magazine)2008-03-12 10:56:40
http://www.forexpros.com/equities/charter-news/4

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.

BP says relief well is on target as stock tumbles
June 25, 2010. Oil …By MICHAEL KUNZELMAN, Associated Press Writer


NEW ORLEANS – BP's effort to drill a relief well through 2 1/2 miles of rock to stop the Gulf spill is on target for completion by mid-August, the oil giant said Friday. But BP's stock tumbled anyway over the mounting costs of the disaster and the company's inability to plug the leak sooner.The first tropical depression of the Atlantic season formed in the Caribbean, raising concerns about what might happen to efforts to contain the oil if bad weather forces BP to abandon them. It's still too early to tell exactly where the storm might go and how it might affect oil on and below the surface of the Gulf.The relief well is considered the best hope of halting the crude that has been gushing since April 20 in the biggest offshore oil spill in U.S. history.The crew that has been drilling the relief well since early May ran a test to confirm it is on the right path, using a tool that detects the magnetic field around the casing of the original, blown-out well.The layman's translation is, We are where we thought we were, said BP spokesman Bill Salvin.Several such tests are necessary, since drilling sideways into the original well casing requires boring through more than 13,000 feet of rock to hit a target 9 inches in diameter, or about the size of a dinner plate.Once the new well intersects the ruptured one, BP plans to pump heavy drilling mud in to stop the oil flow and plug it with cement.Despite the encouraging news, BP stock tumbled 6 percent in New York on Friday to a 14-year low on news that BP has now spent $2.35 billion dealing with the disaster.

BP has lost more than $100 billion in market value since its deep-water drilling platform blew up, and its stock is worth less than half the $60 or so it was selling for on the day of the explosion.Meanwhile, forecasters and the oil company kept an eye on the tropical depression with winds up to 35 mph churning in the Atlantic. Forecasters predicted it would strengthen into a tropical storm and reach Mexico's Yucatan Peninsula by Saturday night.Michael Brennan, a hurricane specialist at the National Hurricane Center in Miami, said it's too early to tell if the storm will affect the northeastern part of the Gulf, where the spill is.Most models show it traveling over the Yucatan Peninsula this weekend and heading back into the southern part of the Gulf by Monday. After that, some models have it heading toward the spill while others do not.The effort to capture the oil gushing from the sea bottom could be interrupted for up to two weeks if a storm forces BP to move its equipment out of harm's way, said Coast Guard Adm. Thad Allen, the government's point man on the crisis.

In other news:

- A financial disclosure report released Friday shows that the Louisiana judge who struck down the Obama administration's six-month ban on deep-water drilling in the Gulf has sold many of his energy investments. U.S. District Judge Martin Feldman still owns eight energy-related investments, including stock in Exxon Mobil Corp. Among the assets he sold was stock in Transocean, which owned the rig that exploded. The Justice Department asked a federal appeals court Friday to delay Feldman's ruling to preserve the status quo during the government's appeal.

- Labor Secretary Hilda Solis slammed BP — along with Massey Energy, owner of the West Virginia coal mine where 29 workers died in an explosion in April — saying they need better safety measures. We are not saying go out of business, she said. Do your job better. Make an investment in your employees. We want you to make a profit, but not at the expense of killing your employees.

- Vice President Joe Biden will head to the Gulf on Tuesday to visit a command center in New Orleans and the oil-fouled Florida Panhandle.

- The IRS said payments for lost wages from BP's $20 billion victims compensation fund are taxable just like regular income. Payments for physical injuries or property loss are generally tax-free.

BP is drilling two relief wells, in case the first one misses its mark. The first one, started May 2, reached a depth of 16,275 feet Wednesday — including about 5,000 feet of water — before workers paused for the test. Although the relief well is only 200 feet laterally from the original well, the crew still has to drill about 2,000 feet deeper before it can intercept the original well, according to Salvin. The second relief well, started on May 16, has reached a depth of 10,500 feet. The biggest oil spill ever in the Gulf of Mexico — an undersea gusher in Mexico that started in the summer of 1979 and leaked 140 million gallons — was eventually stopped with two relief wells. By some estimates, the BP spill could eclipse that disaster in a week or two; the spill has been put at somewhere between 69 million and 132 million gallons. BP would need about five days to secure or move all its equipment to safety from an approaching storm but is working to shorten that to two days, Salvin said. The equipment includes ships that are processing the oil sucked up by the containment cap on the well and the rigs drilling the two relief wells.

BP is capturing anywhere from 840,000 to 1.2 million gallons of oil a day. Worst-case government estimates say 2.5 million gallons a day are leaking from the well, though no one really knows for sure. BP is working to develop a different containment system that would be easier to disconnect and hook back up if a storm interrupted the work.Associated Press writers Lisa Leff and Cain Burdeau in New Orleans, David Fischer in Miami and Seth Borenstein in Washington contributed to this report.

ISRAELS INHERITED LAND IN THE FUTURE
http://www.youtube.com/watch?v=ytWmPqY8TE0&feature=player_embedded

DEUTERONOMY 7:7-8
7 The LORD did not set his love upon you, nor choose you, because ye were more in number than any people;(ISRAEL) for ye were the fewest of all people:
8 But because the LORD loved you,(ISRAEL) and because he would keep the oath which he had sworn unto your fathers, hath the LORD brought you out with a mighty hand, and redeemed you out of the house of bondmen, from the hand of Pharaoh king of Egypt.

ZECHARIAH 2:8
8 For thus saith the LORD of hosts; After the glory hath he sent me unto the nations which spoiled you: for he that toucheth you toucheth the apple of his eye.

JEREMIAH 3:14
14 Turn, O backsliding children, saith the LORD; for I am married unto you:(ISRAEL) and I will take you one of a city, and two of a family, and I will bring you to Zion:

ISAIAH 42:1
1 Behold my servant, whom I uphold; mine elect,(ISRAEL) in whom my soul delighteth; I have put my spirit upon him: he shall bring forth judgment to the Gentiles.

ISAIAH 45:4
4 For Jacob my servant’s sake, and Israel mine elect, I have even called thee by thy name: I have surnamed thee, though thou hast not known me.

ISAIAH 65:9,22
9 And I will bring forth a seed out of Jacob, and out of Judah an inheritor of my mountains: and mine elect (ISRAEL) shall inherit it, and my servants shall dwell there.
22 They shall not build, and another inhabit; they shall not plant, and another eat: for as the days of a tree are the days of my people, and mine elect (ISRAEL) shall long enjoy the work of their hands.

ISAIAH 56:5
5 Even unto them (ISRAELIS) will I give in mine house and within my walls a place and a name better than of sons and of daughters: I will give them an everlasting name,(ISRAEL) that shall not be cut off.

And here are the bounderies of the land that Israel will inherit either through war or peace or God in the future. God says its Israels land and only Israels land. They will have every inch God promised them of this land in the future.
Egypt east of the Nile River, Saudi Arabia, Israel, Jordan, Syria, Lebanon, The southern part of Turkey and the Western Half of Iraq west of the Euphrates. Gen 13:14-15, Psm 105:9,11, Gen 15:18, Exe 23:31, Num 34:1-12, Josh 1:4.ALL THIS LAND ISRAEL WILL DEFINATELY OWN IN THE FUTURE, ITS ISRAELS NOT ISHMAELS LAND.

12 TRIBES INHERIT LAND IN THE FUTURE

EZEKIEL 47:13-23,48:1-35
13 Thus saith the Lord GOD; This shall be the border, whereby ye shall inherit the land according to the twelve tribes of Israel: Joseph shall have two portions.
14 And ye shall inherit it, one as well as another: concerning the which I lifted up mine hand to give it unto your fathers: and this land shall fall unto you for inheritance.
15 And this shall be the border of the land toward the north side, from the great sea, the way of Hethlon, as men go to Zedad;
16 Hamath, Berothah, Sibraim, which is between the border of Damascus and the border of Hamath; Hazarhatticon, which is by the coast of Hauran.
17 And the border from the sea shall be Hazarenan, the border of Damascus, and the north northward, and the border of Hamath. And this is the north side.
18 And the east side ye shall measure from Hauran, and from Damascus, and from Gilead, and from the land of Israel by Jordan, from the border unto the east sea. And this is the east side.
19 And the south side southward, from Tamar even to the waters of strife in Kadesh, the river to the great sea. And this is the south side southward.
20 The west side also shall be the great sea from the border, till a man come over against Hamath. This is the west side.
21 So shall ye divide this land unto you according to the tribes of Israel.
22 And it shall come to pass, that ye shall divide it by lot for an inheritance unto you, and to the strangers that sojourn among you, which shall beget children among you: and they shall be unto you as born in the country among the children of Israel; they shall have inheritance with you among the tribes of Israel.
23 And it shall come to pass, that in what tribe the stranger sojourneth, there shall ye give him his inheritance, saith the Lord GOD.
1 Now these are the names of the tribes. From the north end to the coast of the way of Hethlon, as one goeth to Hamath, Hazarenan, the border of Damascus northward, to the coast of Hamath; for these are his sides east and west; a portion for Dan.
2 And by the border of Dan, from the east side unto the west side, a portion for Asher.
3 And by the border of Asher, from the east side even unto the west side, a portion for Naphtali.
4 And by the border of Naphtali, from the east side unto the west side, a portion for Manasseh.
5 And by the border of Manasseh, from the east side unto the west side, a portion for Ephraim.
6 And by the border of Ephraim, from the east side even unto the west side, a portion for Reuben.
7 And by the border of Reuben, from the east side unto the west side, a portion for Judah.
8 And by the border of Judah, from the east side unto the west side, shall be the offering which ye shall offer of five and twenty thousand reeds in breadth, and in length as one of the other parts, from the east side unto the west side: and the sanctuary shall be in the midst of it.
9 The oblation that ye shall offer unto the LORD shall be of five and twenty thousand in length, and of ten thousand in breadth.
10 And for them, even for the priests, shall be this holy oblation; toward the north five and twenty thousand in length, and toward the west ten thousand in breadth, and toward the east ten thousand in breadth, and toward the south five and twenty thousand in length: and the sanctuary of the LORD shall be in the midst thereof.
11 It shall be for the priests that are sanctified of the sons of Zadok; which have kept my charge, which went not astray when the children of Israel went astray, as the Levites went astray.
12 And this oblation of the land that is offered shall be unto them a thing most holy by the border of the Levites.
13 And over against the border of the priests the Levites shall have five and twenty thousand in length, and ten thousand in breadth: all the length shall be five and twenty thousand, and the breadth ten thousand.
14 And they shall not sell of it, neither exchange, nor alienate the firstfruits of the land: for it is holy unto the LORD.
15 And the five thousand, that are left in the breadth over against the five and twenty thousand, shall be a profane place for the city, for dwelling, and for suburbs: and the city shall be in the midst thereof.
16 And these shall be the measures thereof; the north side four thousand and five hundred, and the south side four thousand and five hundred, and on the east side four thousand and five hundred, and the west side four thousand and five hundred.
17 And the suburbs of the city shall be toward the north two hundred and fifty, and toward the south two hundred and fifty, and toward the east two hundred and fifty, and toward the west two hundred and fifty.
18 And the residue in length over against the oblation of the holy portion shall be ten thousand eastward, and ten thousand westward: and it shall be over against the oblation of the holy portion; and the increase thereof shall be for food unto them that serve the city.
19 And they that serve the city shall serve it out of all the tribes of Israel.
20 All the oblation shall be five and twenty thousand by five and twenty thousand: ye shall offer the holy oblation foursquare, with the possession of the city.
21 And the residue shall be for the prince, on the one side and on the other of the holy oblation, and of the possession of the city, over against the five and twenty thousand of the oblation toward the east border, and westward over against the five and twenty thousand toward the west border, over against the portions for the prince: and it shall be the holy oblation; and the sanctuary of the house shall be in the midst thereof.
22 Moreover from the possession of the Levites, and from the possession of the city, being in the midst of that which is the prince's, between the border of Judah and the border of Benjamin, shall be for the prince.
23 As for the rest of the tribes, from the east side unto the west side, Benjamin shall have a portion.
24 And by the border of Benjamin, from the east side unto the west side, Simeon shall have a portion.
25 And by the border of Simeon, from the east side unto the west side, Issachar a portion.
26 And by the border of Issachar, from the east side unto the west side, Zebulun a portion.
27 And by the border of Zebulun, from the east side unto the west side, Gad a portion.
28 And by the border of Gad, at the south side southward, the border shall be even from Tamar unto the waters of strife in Kadesh, and to the river toward the great sea.
29 This is the land which ye shall divide by lot unto the tribes of Israel for inheritance, and these are their portions, saith the Lord GOD.
30 And these are the goings out of the city on the north side, four thousand and five hundred measures.
31 And the gates of the city shall be after the names of the tribes of Israel: three gates northward; one gate of Reuben, one gate of Judah, one gate of Levi.
32 And at the east side four thousand and five hundred: and three gates; and one gate of Joseph, one gate of Benjamin, one gate of Dan.
33 And at the south side four thousand and five hundred measures: and three gates; one gate of Simeon, one gate of Issachar, one gate of Zebulun.
34 At the west side four thousand and five hundred, with their three gates; one gate of Gad, one gate of Asher, one gate of Naphtali.
35 It was round about eighteen thousand measures: and the name of the city from that day shall be, The LORD is there.

Update and Commentary Timeline 2010 to 2019: Events
on the Calendar That Could be Very Significant - Bill Koenig

http://www.watch.org/

I will continue to add new information to our time line as it is discovered and revealed. Never before have we had so many biblically significant events evolving at such a rapid pace.The peace talks in Israel could lead to the Daniel 9:27 seven-year peace covenant and Benjamin Netanyahu could be the leader who would sign for Israel.

Major earth cycles pertaining to Israel, Jerusalem and the U.S. are beginning to occur in 2010 — with many converging in 2011; Eric Hadik has shared that with us, with more coming from him soon.

Accuweather's Chief Hurricane Meteorologist Joe Bastardi predicts a total of 16-18 storms this hurricane season that begins June 1 and ends Nov. 30. To put that in perspective, only eight years in the 160 years of records have had 16 or more storms in a season.

The back-to-back blood-red total lunar eclipses on the first day of Passover and Sukkoth in 2014 and 2015 is very significant. Three previous sets of back-to-back blood-red lunar eclipses occurred right after/or at the time of a very trying times for Jews — with the last two being at the time of two major wars in Israel.
The blood-red moons occurred on the first day of Passover and Sukkoth in the two years after the end of the Spanish Inquisition in 1492 (1493-1494), the two years after Israel's War of Independence in 1948 (1949-1950), and the same year and the year after the Six-Day War in 1967 (1967-1968).

The 2014 and 2015 back-to-back blood-red moons on the first day of Passover and Sukkoth will be the last time this century and the eighth time since Jesus Christ was on earth. (From Mark Biltz's 2008 study: click here)

The 50th anniversary of the reunification of Jerusalem falls on May 27, 2017 (Sivan 2, 5778).

The 70th anniversary of Israel’s statehood falls on April 20, 2018 (Iyar 5, 5779).

A major earthquake, fitting the 14-year pattern, is expected in 2018, which will be Israel's 70th anniversary (more details below).
The Significance of the Time Frame

The peace talks in Israel are moving into a very serious stage; there is an increasing chance that a Psalm 83 war, a major conflict with Hezbollah and Hamas, could be near — which could lead to their demise and the possible fulfillment of Isaiah 17:1 pertaining to the destruction of Damascus.

The battle is intensifying over the city of Jerusalem; the relations of Russia, Iran, Syria, and Turkey are becoming more problematic; there is a rapid movement towards biometric IDs; and the world is quickly moving towards one-world financial, political and religious order and rapid moral decline.

Earth Cycles Converging in 2010-2011, Playing Out Until 2018 - Eric Hadik
Click here for Eric's Insiide Track web site

Eric has shared with us in our recent news reports the converging of major earth cycles pertaining to the Kingdom of Jerusalem; Jerusalem wars; and April cycles pertaining to Israel and the U.S.

He has said there is a new swarm of significant — and potentially catastrophic — volcanic eruptions expected from 2012-2014 with precursor eruptions expected in 2010 and 2011.

He said that while much of current, global economic attention has been focused on the so-called PIIGS (Portugal, Ireland, Italy, Greece and Spain), the following discussion focuses on a global eruptive group of PIIGS (Pacific, Italy, Iceland, Greece and South America) that are at the highest (cyclic) risk of major volcanic activity.

Similar to the earthquake swarm cycles that have been detailed the past several years (and which portended major events in 2010/2011, including expectations for South American/Chilean earthquakes in the February/May/August/November 90-day-period time frames), the volcanic swarm cycle is also linked to the sun’s 11-year sunspot cycle that just bottomed in 2009 and is increasing now.

However, it is the 22-year sunspot cycle (every other sunspot cycle when the sun's polarity returns to where it was two cycles previously) that has been the most consistent and which augers major volcanic eruptions in Europe (northern and southern borders), South America (Chile, in particular) and the Pacific. However, the United States also plays into this analysis in the coming years.

Major earthquakes cycles point to major events in 2011 and 2018 based on 14-year and 70-year cycles.

Major record-setting worldwide earthquakes have occurred every 14 years since 1906. The years: 1906, 1920, 1934, 1948, 1962, 1976, 1990 and 2004.

A major earthquake, fitting the 14-year pattern, is expected in 2018, which is also Israel's 70th anniversary.

The U.S. dollar: U.S. and world financial market cycles are converging from 2010 to 2014.

---------

We Have Potential Financial Implosions

Note: These are not to alarm people but to keep us informed, prayerful and conservative.

President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross of Pimco called a debt super cycle.U.S. Federal deficit just passed $13 trillion.

Obama's federal deficits in the $1.5 trillion annual range with continued decrease in tax revenue to service the debt, Social Security and Medicare: The Wall Street Journal's Jerry Seib writes that the federal budget deficit has become so large, it's time to consider it a natural security threat.

U.S. Commercial real-estate loans are the second-largest loan type after home mortgages. Banks hold more than half of the $3.4 trillion in outstanding commercial real-estate debt. Deutsche Bank AG has projected those commercial-real-estate losses for banks could end up being as high as $300 billion. (Oct. 15, 2009 – The Wall Street Journal)

The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday, Aug. 5, 2009.

In fiscal 2011 and 2012, the U.S. states are expected to face another combined budget deficit of $260 billion, with the 2011 shortfall in places such as New Jersey, Illinois, Nevada and Arizona projected to be more than 35 per cent of last year’s budget according to the Financial Times.

Forty percent of U.S. junk bonds to default by 2013 according to Bank of America in September 2009.

The precarious financial derivatives exposure: A $670 trillion, high-risk, out-of-control casino that's highly leveraged versus the $50 trillion total annual GDP of all nations. We forget that derivatives almost destroyed global economies in 2008-2009, and could once again by 2012.

In the three years beginning in 2012, more than $700 billion in risky, high-yield corporate debt will start to mature. And that could really drop a hammer down on the junk bond market.

The European Central Banks (ECB's) Financial Stability Review said in the first week of June that banks must renew about 800 billion euros (950 billion dollars) in debt by the end of 2012, and that they would be competing head-on with governments in bond markets.In view of the considerable near-term funding needs of euro area governments, a particular concern is the risk of bank bond issuance being crowded out, making it challenging to roll over a sizeable amount of maturing bonds by the end of 2012,the central bank said.

Further economic collapse potential of other European countries. The U.S. is currently on the hook for up to $54 billion in the Greek bailout in a worse-case scenario.

The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.
Timeline 2010 to 2019

We will continue to add to the timeline as we discover more relevant events, dates and cycles.

2010

January 12 – Haiti's 7.0 earthquake

February 27 – Chile's 8.8 earthquake

March 19 - Quartet (US, UN, EU and Russia) meets in Moscow and calls on Israel to stop construction in East Jerusalem, freeze settlement construction and begin proximity talks with the Palestinians.

March 20 - Iceland's Eyjafjallajokull volcano erupted for first time in 200 years.

Intelsat said it lost control of the Galaxy 15 satellite on April 5, possibly because the satellite's systems were knocked out by a solar storm. Intelsat cannot remotely steer the satellite to remain in its orbit, so Galaxy 15 is creeping toward the adjacent path of another TV communications AMC-1 satellite that serves U.S. cable companies. This could be a precursor to the major solar storm expected on May 2013 when some of the world’s 940 satellites will be at risk.

April 14-19 - European air space shut down due to ash from Iceland volcano. Over 100,000 flights cancelled costing $1.7 billion in damages. The ashes spread over Europe during Europe's Holocaust Remembrance Week (April 11-18).

April 19-20 - Israel's Independence Day - There is a confluence of two very worrying events, said Michael Freund, a rightist columnist for The Jerusalem Post in a telephone interview. One is the Iranian threat, an existential threat. Add to that the fact that for the first time in recent memory there is a president in the White House who is not overly sensitive to the Jewish state and its interests. You put the two together and it will affect anyone's mood, even an optimist like me.

April 20 - Indyk: Netanyahu must choose: Obama or his right-wing Likud Party.

April 20 - Major Gulf of Mexico oil spill begins at Horizon.

May 2 - Nashville flood damages estimated at $1.5 billion in that city alone, with more in Tennessee and Kentucky.

May 5-8 - George Mitchell in Jerusalem for peace talks.

May 5-13 - Iran, Syria and Hezbollah pounding the war drums. Iran developing cruise missile. Kicked off new eight-day war games and military maneuvers in the strategic Persian Gulf waters, the country's second military show of force in less than a month.

May 10 - Greek debt crisis - EU and US commit $1 trillion to keep euro from collapsing.

May 11 - Russia considering providing nuclear energy technology to Syria and Turkey.

May 11 - Accuweather's Chief Hurricane Meteorologist Joe Bastardi predicts a total of 16-18 storms this season. To put that in perspective, only eight years in the 160 years of records have had 16 or more storms in a season.

May 31 - June 6 - Israel and Turkey at serious odds over flotilla incident. Turkey is continuing to align with Iran and Russia, which are key countries in the Gog and Magog force spoken of in Ezekiel 38-39. Israel being further isolated internationally.

2011

April 19 - First Day of Passover.

May 9, 2011 (Iyar 10, 5771) - 63rd anniversary of Israel's statehood.

Sunspot cycle’s will continue increasing in intensity.

Major earthquakes expected in January consistent with two-year and seven-year cycles.

Jerusalem war cycle.

Kingdom of Jerusalem cycle.

Earthquake cycle.

Volcano eruptions 2011 to 2013.

2012

Solar storm cycles expected to increase the intensity of volcano eruptions, earthquakes and super storms and disrupt satellites and technologies on earth.

The satellite totals: US 437; Russia 95; China 58; Japan 44; India 22; Britain 21

A new swarm of significant — and potentially catastrophic — volcanic eruptions is expected from 2012-2014 with precursor eruptions expected in 2010 and 2011.

Wired Magazine: The 2012 apocalypse: The next period of intense solar activity is expected in 2012 and coincides with the presence of an unusually large hole in Earth's geomagnetic shield.

U.S. Presidential and Congressional elections — November 2012.

In the three years beginning in 2012, more than $700 billion in risky, high-yield corporate debt will start to mature. And that could really drop a hammer down on the junk bond market.An avalanche is brewing in 2012 and beyond if companies don't get out in front of this, Kevin Cassidy, a senior credit officer at Moody’s Investors Service, told The New York Times.

The result is a potential financial doomsday, or what bond analysts call a maturity wall. From $21 billion due this year, junk bonds are set to mature at a rate of $155 billion in 2012, $212 billion in 2013 and $338 billion in 2015.

Next in line are companies with investment-grade credit ratings. They must refinance $1.2 trillion in loans between 2012 and 2014, including $526 billion in 2012.
2013

NASA says Solar Cycle 24 will peak in May 2013 with a below-average number of sunspots. The great geomagnetic storm of 1859, for instance, occurred during a solar cycle of about the same size we're predicting for 2013.

The 1859 storm — known as the Carrington Event after astronomer Richard Carrington who witnessed the instigating solar flare — electrified transmission cables, set fires in telegraph offices, and produced Northern Lights so bright that people could read newspapers by their red and green glow. A recent report by the National Academy of Sciences found that if a similar storm occurred today, it could cause $1 trillion to $2 trillion in damages to society's high-tech infrastructure and require four to 10 years for complete recovery. For comparison, Hurricane Katrina caused "only" $80 to 125 billion in damages.

Under the Obama budget, interest would top 18 percent of revenue in 2018 and 20 percent in 2020, CBO projects. But under more adverse scenarios than the CBO considered, including higher interest rates, Moody's projects that debt service could hit 22.4 percent of revenue by 2013.

About 40 percent of all U.S. junk bonds outstanding in late 2008 will likely default by 2013 as government aid measures end and a wall of corporate debt comes due, Bank of America Merrill Lynch said on Thursday, Sept. 17, 2009.
2014

Three previous back-to-back blood-red total lunar eclipses occurred on the first day of Passover and Sukkoth right after the 1492 Spanish Inquisition (in years 1493-1494), the 1948 War of independence (in years 1949-1950), and the 1967 Six-Day War (in the years 1967-1968), this pattern points to a very challenging time for Israel and war.

The Jewish Talmud says, When the moon is in eclipse, it is a bad omen for Israel … If its face is as red as blood, [it is a sign that] the sword is coming to the world …

The sages in the Talmud understood that a red lunar eclipse means that God will be bringing judgment to His people, Israel.

April 15 - Blood-red moon - First day of Passover (visible: Australia, Pacific, Americas).

Aug. 5 – 9th of Av.
The sabbatical year in the seven-year cycle (2008 to 2015) begins on Rosh Hashanah on Sept. 25, 2014, and ends on Rosh Hashanah on September 13-14, 2015 — the day of a partial solar eclipse.

Oct. 8 - Blood-red moon - First day of Sukkot (visible: Asia, Australia, Pacific, Americas).
2015

April 4 - Blood-red moon - First day of Passover (visible: Asia, Australia, Pacific, Americas).

July 26 - 9th of Av.

A seven-year cycle that began on Rosh Hashanah on Sept. 30, 2008, ends on Rosh Hashanah on Sept. 13-14, 2015. The sabbatical year from 2014 ends here, too.

Sept. 13 (Elul 10, 5776) - Partial solar eclipse on Rosh Hashanah.

Sept. 23 (Elul 20, 5777) - Year of Jubilee proclaimed on Yom Kippur.

Sept. 28 - Blood-red moon - First Day of Sukkot (visible: Eastern Pacific, Americas, Europe, Africa, Western Asia).

2016

Aug. 13 - 9th of Av.

2017

May 27 (Sivan 2, 5778) - 50th anniversary of the reunification of Jerusalem.

Nov. 2 (Cheshvan 13, 5778) - 100th anniversary of the Balfour agreement.
2018

The blood-red lunar eclipse sequences of 2018 and 2019 fall on the Jewish holiday Tu B’shvat (New Year of Trees). This marks the beginning of the new year for trees.

Tu B'Shvat is the New Year for the purpose of calculating the age of trees for tithing. The Torah states that fruit from trees which were grown in the land of Israel may not be eaten during the first three years; the fourth year's fruit is for G-d, and after that, the fruit can be eaten. Each tree is considered to have aged one year as of Tu B'Shvat, no matter when in the year it was planted.

It is customary to plant trees and partake of the fruits of the land of Israel to mark the occasion.

Jan. 31 - Blood-red moon - Tu B'shvat.

April 20 (Iyar 5, 5779) - 70th anniversary of Israel's statehood –
Yom Ha'atzmaut (national Independence Day of Israel).

July 27 - Blood-red moon - 15th of Av.

Major record-setting earthquakes have occurred every 14 years since 1906. The last one was the 9.0 Indian Earthquake/Tsunami in December 2004, which points to another one in 2018.
2019

Jan. 21- Blood-red moon - Tu B’shvat (visible: South America, Europe, Africa, Asia, Australia).
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