Thursday, July 01, 2010

TIME TO SHUT DOWN THE FEDERAL RESERVE

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

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

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

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

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

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

HALF HOUR DOW RESULTS THU JULY 01,2010

09:30 AM -1.25
10:00 AM -66.50
10:30 AM -67.90
11:00 AM -118.95
11:30 AM -97.34
12:00 PM -109.39
12:30 PM -105.12
01:00 PM -70.25
01:30 PM -57.89
02:00 PM -38.69
02:30 PM -50.48
03:00 PM -76.78
03:30 PM -50.49
04:00 PM -41.49 9,732.53

S&P 500 1027.37 -3.37

NASDAQ 2101.36 -7.88

GOLD 1,198.90 -47.00

OIL 72.67 -2.96

TSE 300 HOLIDAY CANADA DAY

CDNX CANADA DAY

S&P/TSX/60 CANADA DAY

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -17 points at 4 minutes of trading today.
Dow -152 points at low today.
Dow +12 points at high today so far.
GOLD opens at $1,236.50.OIL opens at $74.52 today.

AFTERNOON,NEWS,STATS
Dow -152 points at low today so far.
Dow +12 points at high today so far.

WRAPUP,NEWS,STATS
Dow -152 points at low today.
Dow +12 points at high today.

GOLD ALLTIME HIGH $1,260.90 (NOT AT CLOSE)

THE US IS RUN BY WALL STREET-GERALD CELENTE
http://www.youtube.com/watch?v=nRHI3G7RgdQ&feature=player_embedded
MAX KEISER
http://www.youtube.com/watch?v=DIg16BYRWeM&feature=player_embedded
http://www.youtube.com/watch?v=LO8GARYJNOk&feature=player_embedded
http://www.youtube.com/watch?v=_xsYyxGKKRM&feature=player_embedded
http://www.youtube.com/watch?v=mVgY33vGP0g&feature=player_embedded
http://britanniaradio.blogspot.com/2010/06/1141-truth-about-markets-nz-23-june.html#links

Time to shut down the US Federal Reserve? Ambrose Evans-Pritchard
London Telegraph June 30, 2010


Like a mad aunt, the Fed is slowly losing its marbles.Kartik Athreya, senior economist for the Richmond Fed, has written a paper condemning economic bloggers as chronically stupid and a threat to public order.Matters of economic policy should be reserved to a priesthood with the correct post-doctoral credentials, which would of course have excluded David Hume, Adam Smith, and arguably John Maynard Keynes (a mathematics graduate, with a tripos foray in moral sciences).Writers who have not taken a year of PhD coursework in a decent economics department (and passed their PhD qualifying exams), cannot meaningfully advance the discussion on economic policy.
Don’t you just love that throw-away line decent? Dr Athreya hails from the University of Iowa.The response of the untrained to the crisis has been startling. The real issue is that there is an extremely low likelihood that the speculations of the untrained, on a topic almost pathologically riddled by dynamic considerations and feedback effects, will offer anything new. Moreover, there is a substantial likelihood that it will instead offer something incoherent or misleading.

You couldn’t make it up, could you? Economics is hard. Really hard. You just won’t believe how vastly hugely mind-boggingly hard it is. I mean you may think doing the Sunday Times crossword is difficult, but that’s just peanuts to economics. And because it is so hard, people shouldn’t blithely go shooting their mouths off about it, and pretending like it’s so easy. In fact, we would all be better off if we just ignored these clowns.I hold my hand up Dr Athreya and plead guilty. I am grateful to Bruce Krasting’s blog for bringing this stinging rebuke to my attention.However, Dr Athreya’s assertions cannot be allowed to pass. The current generation of economists have led the world into a catastrophic cul de sac. And if they think we are safely on the road to recovery, they still fail to understand what they did.Central banks were the ultimate authors of the credit crisis since it is they who set the price of credit too low, throwing the whole incentive structure of the capitalist system out of kilter, and more or less forcing banks to chase yield and engage in destructive behaviour.They ran ever-lower real interests with each cycle, allowed asset bubbles to run unchecked (Ben Bernanke was the cheerleader of that particular folly), blamed Anglo-Saxon over-consumption on excess Asian savings (half true, but still the silliest cop-out of all time), and believed in the neanderthal doctrine of inflation targeting. Have they all forgotten Keynes’s cautionary words on the tyranny of the general price level in the early 1930s? Yes they have.

They allowed the M3 money supply to surge at double-digit rates (16pc in the US and 11pc in euroland), and are now allowing it to collapse (minus 5.5pc in the US over the last year). Have they all forgotten the Friedman-Schwartz lessons on the quantity theory of money? Yes, they have. Have they forgotten Irving Fisher’s Debt Deflation causes of Great Depressions? Yes, most of them have. And of course, they completely failed to see the 2007-2009 crisis coming, or to respond to it fast enough when it occurred.The Fed has since made a hash of quantitative easing, largely due to Bernanke’s ideological infatuation with creditism. QE has been large enough to horrify everybody (especially the Chinese) by its sheer size – lifting the balance sheet to $2.4 trillion – but it has been carried out in such a way that it does not gain full traction. This is the worst of both worlds. So much geo-political capital wasted to such modest and distorting effect.

Scrap dollar as sole reserve currency: U.N. report Louis Charbonneau UNITED NATIONS
Tue Jun 29, 2010 4:56pm

UNITED NATIONS (Reuters) - A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine what currencies countries would keep on hand for reserves.The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency, the U.N. World Economic and Social Survey 2010 said.The report says that developing countries have been hit by the U.S. dollar's loss of value in recent years.Motivated in part by needs for self-insurance against volatility in commodity markets and capital flows, many developing countries accumulated vast amounts of such (U.S. dollar) reserves during the 2000s, it said.

The report supports replacing the dollar with the International Monetary Fund's special drawing rights (SDRs), an international reserve asset that is used as a unit of payment on IMF loans and is made up of a basket of currencies.A new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency, the U.N. report said.The report said a new reserve system must not be based on a single currency or even multiple national currencies but instead, should permit the emission of international liquidity -- such as SDRs -- to create a more stable global financial system.Such emissions of international liquidity could also underpin the financing of investment in long-term sustainable development,it said.

MARKETS DECIDE

Jomo Kwame Sundaram, a Malaysian economist and the U.N. assistant secretary general for economic development, told a news conference that there's going to be resistance to the idea.In the whole post-war period, we've essentially had a dollar-based system, he said, adding that the gradual emission of SDRs could help countries phase out the dollar.Nobel Prize-winning economist Joseph Stiglitz, who previously chaired a U.N. expert commission that considered ways of overhauling the global financial system, has advocated the creation of a new reserve currency system, possibly based on SDRs.

Russia and China have also supported the idea.

But Paavo Vayrynen, Finland's Foreign Trade and Development Minister, told reporters that he doubted it was possible to make any political or administrative decisions how to formulate the currency system in the world.It is based on the markets, he said.I believe that the economic players in the market are going to have the decisive influence on that issue.European Union development commissioner Andris Piebalgs said it would be a bad idea to dictate what the reserve currency should be.
It is markets that decide,he said.Any intervention would just create additional challenges and make things even less predictable.

VIDEOS
http://www.prisonplanet.com/dem-congressman-dow-jones-will-plummet-1000-2000-if-financial-regulation-isnt-passed.html
Dem Congressman: Dow Jones Will Plummet 1,000-2,000 if Financial Regulation Isn’t Passed Jeff Poor Business & Media Institute June 30, 2010

Today’s plunge in the U.S. financial markets is a cause of concern for a lot of people – but according to Rep. Paul Kanjorski, D-Pa., we haven’t seen anything yet if congressional Democrats don’t get their way.Kanjorski was asked if by CNBC’s Power Lunch co-host Tyler Mathisen if financial regulation relied too much on regulators themselves and not the power of law, which Congress has the authority to enact. Kanjorski said he would have preferred a tougher bill. However, call it political expediency, especially as financial regulation legislation has an uncertain fate, but Kanjorski warned if Congress didn’t pass financial regulation – the Dow would drop 1,000-2,000 points.I would have had preferred to have more rules, like the Volcker rule or like my amendment – the too big to fail rule embedded in the law so it was very clear and it was mandatory, Kanjorski said on the June 29 broadcast of Power Lunch.That was not accomplishable politically. We didn’t get any help to pass this bill from the Republican side, either in the House or in the Senate, and it’s interesting that they should complain about it. You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails? Do you think 236 points down on the Dow is surprising? Check 1,000 or 2,000 points if we fail to change the ways that caused this problem.That drew the ire of CNBC Mad Money host Jim Cramer. In his Stop Trading segment during the June 29 broadcast of Street Signs, Cramer blasted Kanjorski and said Congress was the problem.

You know, they are the problem,Cramer said.And we all know it, right? It’s like let’s not even outthink it. I love our bureaucrat congressmen in Washington, but they’re the problem. And I don’t want to be just Mr. Rick Santelli here, but give me a break.Cramer noted the timing – on the eve of a financial regulation bill vote and asked why he was waiting until now to tell us.I mean, really – so he’s telling us about the 2,000 points? Now he’s telling us? Cramer continued. I mean, like other than a couple of congressmen and senators.But according to Cramer, things are much more dire than the Washington, D.C. political playbook. He explained there was a real problem with the mentality in the federal government – to demonize profits.

What is the 10-year telling us? Cramer continued. We’re done. It’s 1934. I’ve been saying over and over on the show – the market’s overvalued, the market’s overvalued. Just try to buy a yield. It’s because, you know – we’ve had it. Washington has decided to eviscerate profits. No one wants to say this because what happens when you say it, is you got a bullseye on your back and I don’t even feel like saying it because I already have a ton of them. But you know it really is – I mean to like listen to Congress tell us about what causes a 2,000-point decline and then just accept it and say, Yeah, that’s interesting. I’m not playing that game. I’m too old.
Cramer said the problem was very complicated with what he said was a deflationary phenomenon. He explained there were very few positives with the S&P 500 index to point at what he deemed gloom-busters.We have radical deflation in this country, Cramer said. I mean, that’s what it is. People are maybe working, earning money off the books. I’m doing a series on the show. I’m trying to find companies that are gloom-busters. I gave combed most of the S&P 500, some of the S&P 600, you know the next level. I’ve got about four or five companies that say things are good. I mean, this is a remarkable time in the American economy. This market deserves to go down. Now I know a lot of people will say, Wait a second, it just rallied from 270.We’ve all played that game. We know what happens – the ultra-funds come in in the last half hour, they rebalance – you go down 500 in the last minute. Maybe it’s our fault. It’s our fault because of TARP or … whatever.

Global markets on cliff edge amid fears over European banks Jill Treanor and Nick Fletcher guardian.co.uk, Tuesday 29 June 2010 20.50 BST

Fears that government austerity packages will hinder global growth have combined with fresh anxiety about the health of European banks to hammer investor confidence.
Shares on both sides of the Atlantic dropped heavily amid warnings that markets were on a cliff edge.In jittery trading ahead of a crucial repayment by Europe's banks of a €442bn (£362bn) European Central Bank loan on Thursday the rates at which banks lend to each other in euros rose to their highest levels in eight months as rumours swirled that some banks were finding it difficult to raise funds in the money markets.The FTSE 100 has now fallen 14% since its April peak after losing 157.46 points to close at 4914.22, a 3% decline on the day and its lowest level since September last year. French and German markets lost about 3%. Wall Street was down 235 points by the time London closed, about 100 points below the 10,000 level.

Analysts will be looking tomorrowfor an indication of whether banks are becoming less reliant on their taxpayer lifeline when the ECB offers a way to refinance the €442bn one-year loan hours before the repayment is due.If banks ask for more than €300bn to repay their existing loans with the more expensive three-month money being provided by the ECB, then concerns about the health of the banking system will escalate, analysts said.Spanish finance minister Elena Salgado added to anxiety about the loan repayment by urging the central bank to heed the problems facing some Spanish banks. The ECB says it doesn't like governments to tell it what to do. I simply say I hope that on this occasion, as in others, the ECB will be aware of the needs of the Spanish financial system,she told Spanish radio.The publication of European-wide stress tests on major banks in a fortnight was also adding to the nerves while a bigger than expected fall in consumer confidence in the US prompted a debate about whether economies were heading for a double-dip recession. Oil prices fell 3% and the Baltic dry freight index, which measures demand, fell to its lowest level for nine months.Robert Talbut, chief investment officer at Royal London Asset Management, said: The European banks' funding issue is a real issue and it is coming to a head in part because the ECB is trying to withdraw some longer term facilities. A number of European banks, it is rumoured, are struggling to get funding in the wholesale markets and that is evoking memories of the dog days of 2008/9. Simultaneously it's unhelpful that [the economic] data is sending more mixed messages leading to more questions on the durability of the recovery.Today's fall means that in the past six trading days the FTSE 100 has lost about 380 points, wiping almost £100bn off the value of Britain's top companies.

Worries that European austerity measures would hamper recovery were augmented by signs that the Chinese economy – which economists hoped would take up some of the slack – was also cooling off while the fall in the widely followed confidence index in the US, to its worst level for seven months, comes ahead of important non-farm payroll figures on Friday – a gauge of the strength of the US jobs market. Investors were seeking safety as rates fell in the US bond market. The yield on the 10-year note dropped to 2.97%, the first time it has fallen below 3% since April 2009.Analysts at Royal Bank of Scotland were urging clients to position themselves for a economic downturn. We strongly believe that a cliff-edge may be around the corner, for the global banking system, particularly in Europe, and for the global economy, particularly in the US and Europe said Andrew Roberts, head of European rates strategy at RBS.Nick Parsons, head of UK and European research at National Australia Bank, said the scene was being set for a bout of great nervousness. It is inconceivable that tests on 100 banks can be published with the conclusion that all one hundred are fundamentally robust unless the assumptions behind the tests are relaxed to the point of nonsensical,Parsons said.Amid the market anxiety, the UK pulled off its largest ever offering of government debt through a syndicate prompting Robert Stheeman, chief executive of the Debt Management Office, to insist there the market for gilts remained attractive.

STORMS HURRICANES-TORNADOES

LUKE 21:25-26
25 And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity;(MASS CONFUSION) the sea and the waves roaring;(FIERCE WINDS)
26 Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken.

Hurricane Alex strengthens to Category Two
JUNE 30,10


LA CARBONERA, Mexico (AFP) – The first Atlantic hurricane of the year strengthened to a Category Two on Wednesday, as residents of the Mexican Gulf coast and south Texas braced for it to make landfall.Hurricane Alex rose one notch on the five-level Saffir-Simpson scale late Wednesday, the Miami-based National Hurricane Center (NHC) said, after Mexico evacuated hundreds of people from fishing towns south of the US border.Alex has already disrupted oil clean-up operations off the coast of Louisiana, and US President Barack Obama declared a state of emergency in Texas late Tuesday.Giant waves and strong winds were expected around the US-Mexico border as the storm churned westwards through the Gulf of Mexico, packing winds near 100 miles (160 kilometers) per hour, according to the latest NHC report.Obama requested federal aid for relief operations after a hurricane warning was issued for southeast Texas and northeast Mexico.Texas Governor Rick Perry issued his own state disaster proclamation for 19 counties.Mexican authorities have already reported one storm-related death.

They evacuated some 2,000 inhabitants near the beach in the town of La Carbonera, close to where the storm was expected to hit overnight Wednesday.Further north in the city of Matamoros, across from Brownsville, Texas, the edge of the storm already brought torrential rain which flooded streets.Alex was some 80 miles (130 kilometers) northeast of La Pesca, Mexico and 105 miles (170 kilometers) south southeast of Brownsville, Texas, at 2100 GMT, according to the NHC.

The storm was well southwest of the area worst hit by the massive BP oil spill -- the coasts of Louisiana, Mississippi, Alabama and Florida -- though its strong winds have already caused problems for the cleanup effort.It was not forecast to turn towards the spill, but severe winds have churned up waves that halted some cleanup operations and threatened to push more of the huge slick onto shore.The NHC has warned that heavy rains could cause life-threatening flash floods, mud slides, and that ocean water could penetrate inland for several miles.Tornadoes were possible over southern Texas on Wednesday, the NHC added.Alex is the first Atlantic hurricane to form this early, in June, since 1995, according to the NHC.Alex has already killed at least 10 people in Nicaragua, Guatemala and El Salvador over the weekend.

Hurricane Alex strengthens ahead of landfall
NUNE 30,10


MIAMI (Reuters) – Hurricane Alex strengthened into a Category 2 storm over the Gulf of Mexico on Wednesday and was due to hit northeastern Mexico very soon, the U.S. National Hurricane Center said.The Miami-based hurricane center said Alex, the first hurricane of the 2010 Atlantic storm season, was now packing sustained winds of near 100 miles per hour and on track to make landfall near the Texas-Mexico border in a few hours but well away from the U.S. Gulf oil patch.(Editing by Sandra Maler)

OZONE DEPLETION JUDGEMENT ON THE EARTH DUE TO SIN

ISAIAH 30:26-27
26 Moreover the light of the moon shall be as the light of the sun, and the light of the sun shall be sevenfold, as the light of seven days, in the day that the LORD bindeth up the breach of his people, and healeth the stroke of their wound.
27 Behold, the name of the LORD cometh from far, burning with his anger, and the burden thereof is heavy: his lips are full of indignation, and his tongue as a devouring fire:

MATTHEW 24:21-22,29
21 For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.
22 And except those days should be shortened, there should no flesh be saved: but for the elect’s sake (ISRAELS SAKE) those days shall be shortened (Daylight hours shortened)
29 Immediately after the tribulation of those days shall the sun be darkened, and the moon shall not give her light, and the stars shall fall from heaven, and the powers of the heavens shall be shaken:

REVELATION 16:7-9
7 And I heard another out of the altar say, Even so, Lord God Almighty, true and righteous are thy judgments.
8 And the fourth angel poured out his vial upon the sun; and power was given unto him to scorch men with fire.
9 And men were scorched with great heat, and blasphemed the name of God, which hath power over these plagues: and they repented not to give him glory.

Britain had driest start to year since 1929: forecasters
JUNE 30,10


LONDON (AFP) – Britain has had the driest first six months of the year for more than eight decades, weather forecasters said Wednesday, amid warnings the lack of rain was putting pressure on water supplies.Official figures from the Met Office forecasting service showed the average rainfall across the country between January and June was 356.8 millimetres.This made it the driest start to a year since 1929, when 275.7 millimetres was recorded, and the second driest for 100 years.Rainfall for the first six months of 2010 was well below the long-term average of 511.7 millimetres for January to June.The dry conditions have been caused by a lack of Atlantic weather systems, which usually cross Britain bringing bands of rain, especially to western parts, said the Met Office.These figures paint a graphic picture of why reservoirs in the west are so low by comparison with normal years, said Barrie Clarke, communications director at Water UK, the water industry body.During such a dry spell it makes sense to use water wisely wherever you live.

Tony Blair named winner of US Liberty Medal for peace work
JUNE 30,10


LONDON (AFP) – Former prime minister Tony Blair has been named as the 2010 winner of US award the Liberty Medal for his commitment to conflict resolution, his office said Thursday.The National Constitution Center, which awards the medal, praised Blair for his efforts as prime minister from 1997 to 2007 in Northern Ireland and Kosovo, and for continuing his work as a Middle East envoy since leaving office.The ex-premier takes his place alongside a host of well-known figures who have previously won the prize, including former Soviet leader Mikhail Gorbachev and ex-UN secretary general Kofi Annan.The National Constitution Center announced today that Tony Blair will receive the 2010 Liberty Medal in recognition of his steadfast commitment to conflict resolution,said a statement on the website of Blair's office.The former premier said he would give the 70,000-pound prize money to two of his charities.I am deeply indebted to the National Constitution Center for adding my name to such a distinguished list of recipients, said Blair.Former US president Bill Clinton, who is chair of the center, will award Blair the medal at a ceremony on September 13 at the center in Philadelphia.It was a privilege to work with my friend Tony Blair to help end 30 years of sectarian violence and broker a lasting peace in Northern Ireland, said Clinton.He added the pair also worked together to stop the killing in and mass exodus from Kosovo, and to develop policies that would improve living conditions for people in both our countries.But Blair remains a hugely divisive figure in his homeland, and the announcement of the award was met with scepticism from British commentators.Blair's peace efforts in the Middle East presumably don't encompass his support for the US invasion of Iraq in 2003, said the Guardian.The Liberty Medal is awarded to people in recognition of their work for bringing about peace and was founded in 1988 to commemorate 200 years of the United States constitution.

VIDEO
http://www.therightscoop.com/glenn-beck-i-now-know-why-obama-returned-the-churchill-bust-to-britain

Glenn Beck: I now know why Obama returned the Churchill bust to Britain
Posted by therightscoop in Politics on Jun 29th, 2010
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Early in Obama’s tenure as President, he packed up the Churchill bust from the Oval office and returned the gift back to Britain. At the time many wondered why and I’m not sure many tried to answer it, but now Beck believes he has the answer:Barack Obama’s grandfather was imprisoned and brutally tortured by the British during the violent struggle for Kenyan independence, according to the Kenyan family of the US President-elect.Hussein Onyango Obama, Mr Obama’s paternal grandfather, became involved in the Kenyan independence movement while working as a cook for a British army officer after the war. He was arrested in 1949 and jailed for two years in a high-security prison where, according to his family, he was subjected to horrific violence to extract information about the growing insurgency.Mrs Onyango, 87, described how white soldiers visited the prison every two or three days to carry out disciplinary action on the inmates suspected of subversive activities.He said they would sometimes squeeze his testicles with parallel metallic rods. They also pierced his nails and buttocks with a sharp pin, with his hands and legs tied together with his head facing down, she said The alleged torture was said to have left Mr Onyango permanently scarred, and bitterly antiBritish.That was the time we realised that the British were actually not friends but, instead, enemies,Mrs Onyango said. My husband had worked so diligently for them, only to be arrested and detained.Beck believes this is huge in its implications and accuses the press of criminal negligence. I agree that the press was highly negligent of digging into Obama’s past, and he may be right that it explains almost everything, but it didn’t shake me as much as it appears to have shaken him. I know from watching Beck’s new chat feature that many were blown away by this revelation. Either way, you can decide how important this is. For me, at this point, it is quite interesting to know, but I find the 2010 elections and taking our country back much more important.

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/

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.

Israeli, Turk hold secret meeting to mend ties By MATTI FRIEDMAN, Associated Press Writer – Wed Jun 30, 3:45 pm ET

JERUSALEM – An Israeli Cabinet minister met secretly in Europe with Turkey's foreign minister on Wednesday in an attempt to improve relations rapidly deteriorating over the recent bloodshed on a Gaza-bound flotilla, Israeli government officials said.

Industry Minister Binyamin Ben-Eliezer met Turkish Foreign Minister Ahmet Davutoglu in an unspecified location in Europe, the officials said, speaking on condition of anonymity because the government did not officially confirm the details.Ties between Israel and Turkey have worsened in recent years as Turkey's government has taken a more critical approach to a country that was one of its closest allies. Relations were dealt a blow last month when nine Turkish activists were killed by Israeli troops in a botched attempt to stop a protest flotilla trying — with the unofficial backing of Turkey's government — to break the Israeli blockade of Gaza.The meeting was meant to be secret but became public when it was reported Wednesday evening by Israel's Channel 2 TV. The station's reporter gave the location of the meeting as Zurich, Switzerland.The report drew an unusual and angry response from Israel's own foreign minister, Avigdor Lieberman, who said he was not informed and blamed Prime Minister Benjamin Netanyahu for what he called a serious blow to the trust between them.

Lieberman, who is known for his blunt style, is a divisive figure at home and largely unpopular abroad and is widely seen to have been sidelined in foreign policy by Netanyahu.Lieberman's comment, in turn, led Netanyahu's office to release a statement confirming the meeting but explaining that it was initiated by the Turks and was unofficial. The statement did not name the Turkish participant and said the failure to inform Israel's foreign minister was due to an unspecified technical reason.There was no immediate comment from the Turkish government.In signs of the heightened tension between the two countries since the May 31 flotilla deaths, Turkey has withdrawn its ambassador to Israel and blocked some Israeli military flights in Turkish airspace. Israel, in turn, has expressed anger at Turkey's support of the flotilla organizers, charging that they are openly allied with Gaza's militant Islamic Hamas rulers.

Russian FM: CIA assessment on Iran not new
Tue Jun 29, 9:02 am ET


JERUSALEM – Russia's foreign minister is expressing little concern over U.S. claims that Iran has enough uranium to make two nuclear bombs within two years, saying the information is not new.Speaking in Israel on Tuesday, Sergey Lavrov responded to a new CIA assessment that Iran could produce the bombs by further enriching uranium it already has.Lavrov said the International Atomic Energy Agency has already said Iran has 2,000 kilograms of uranium enriched to a low level, enough for two bombs if further enriched.Lavrov said Russia hopes Iran would agree to stop uranium enrichment in return for receiving nuclear fuel from Russia.Lavrov's Israeli counterpart, Avigdor Lieberman, said Iran's nuclear program posed the biggest threat to Mideast stability.

Moody's puts Spain top rating on review for cut By Paul Day – Wed Jun 30, 6:09 pm ET

MADRID/NEW YORK (Reuters) – Moody's Investors Service said on Wednesday it is reviewing Spain's ratings and may lower them by as much as two levels due to sliding growth expectations and mounting fiscal challenges.The rating's agency, the only major agency that still maintains a top rating for Spain, said it was conducting a three-month review of the country's Aaa local and foreign currency government bond ratings.The rating agency also cited concerns over the impact of rising funding costs over the medium term.If at the conclusion of the review, Spain's ratings are lowered, it would most likely be by one, or at most two, notches, Moody's said.

Spain has been the target of intense speculation in sovereign debt markets as the next country in the euro zone to need European Union help after Greece, though the government has firmly denied it had any problem meeting financing obligations.
Moody's senior risk analyst Kathrin Muehlbronner said the review should not be taken out of context and Spain remained a highly rated country.The contagion has been so dramatic in the markets in the last few months people forget really what a gulf there is between Spain and Greece ... Spain is a very highly credit worthy country, Muehlbronner said in a telephone interview with Reuters following the announcement.

The policies that the government is now proposing to pursue should eventually reach in to the conscience of the market ... but the issue where the deficit and debt has increased and we're looking at a situation that is somewhat more difficult to unwind than it was before.Spain's had a public deficit of 11.2 percent of gross domestic product in 2009 while the debt-to-GDP ratio stands at around 55 percent, which Moody's said it expects it to rise to 80 percent of GDP by 2014.The government announced in early June a 15 billion-euro ($18.35 billion) savings plan to help cut the deficit to 3 percent of GDP by 2013, though the rating's agency said low growth forecasts would make this difficult.Moody's sees Spain's average growth at 1 percent over the 2010-2014 period compared to the government's projections of around 3 percent by 2013.Moody's believes that more fundamental adjustments to key spending items will be required in order to achieve the government's budget deficit targets, said Muehlbronner in a statement.

RISING COSTS

The cost to insure Spain's debt with credit default swaps had tightened earlier on Wednesday to 260 basis points, or $260,000 per year to insure $10 million in debt for five years, from 273 basis points on Tuesday's close, according to Markit Intraday.Spain's 10-year bono spread against the German bund stood at around 202 basis points late on Wednesday, off a recent high of 238 bps, but well above around 80 bps in April.The euro slightly pared gains versus the dollar after the Moody's announcement.Moody's said one of the key reasons for the review was concern over the impact of rising funding costs in the medium term as reforms of the labor market, the banking system and the pension system took time to restore investor confidence.

The labor market reform is currently in parliament for review, and Muehlbronner said she hoped legislators would strengthen the bill, which aims to make hiring and firing easier and put more young people to work. Spain suffers the highest level of unemployment in the euro zone at over 20 percent, while more than 40 percent of those under age 25 available for work are unemployed. On the banking system restructuring process, which the Bank of Spain said on Tuesday was close to completion, the analyst said she did not think the government would need to recapitalise the banks much more than had been already earmarked.We don't expect that there is a massive extra recapitalisation need for the banks above what the government has stated, and hopefully the stress tests that come out will help calm the markets,Muehlbronner told Reuters. The Bank of Spain has said it will publish a stress test for the banks soon. The consolidation of Spain's mostly unlisted savings banks could cost as much as 30 billion euros, the government has said, though the current round of bank mergers has tapped the bank restructuring fund for just over 10 billion euros so far.Investor nerves have also been tested over a Spanish debt redemption hump of 16.2 billion euros by the end of July.The government claims they will not need to tap the market to meet the repayment, but there are concerns they will struggle to meet payments.We don't see July's redemption as being a problem, Moody's senior analyst Kristin Lindow told Reuters.Fitch Ratings cut Spain's credit ratings to AA-plus, the second highest level, from AAA on May 28, saying its economic recovery would be more muted than a government forecast, pushing world equities and the euro lower.The downgrade followed a cut by Standard & Poor's in April.(Additional reporting by Walden Siew, John Parry and Karen Brettell)

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