Friday, November 12, 2010

EU STARK AGAINST NATIONALISM

MEET THE ISRAELI SPIDERBOT
http://www.israelnationalnews.com/News/News.aspx/140577
OBAMA DON'T PLAY GOD
http://www.israelnationalnews.com/News/News.aspx/140595

ISRAELS SUCCESS IN EVERYTHING IS BECAUSE GOD (KING JESUS)SAID HE WOULD BLESS ISRAEL IN EVERY THING THEY DO IF THEY OBEY HIM AND NOT WORSHIP OTHER NATIONS GODLESS SYSTEMS OF HATE AGAINST JESUS(GOD).THE BIBLE EVEN SAYS ONLY 1/3RD OF ISRAELIS SURVIVE WW3,SO THERES LOTS OF GODLESS ISRAELIS OUT THERE TO.I FIND THE ORTHODOX ISRAELIS HATE CHRISTIANS THE MOST FOR PROMOTING JESUS AS THE MESSIAH OF ISRAEL AND THE WHOLE EARTH.EVEN GODLESS ISRAELIS WILL BE JUDGED EVEN THOUGH GOD BLESSES ISRAEL SO MUCH.

ZECHARIAH 13:7-9
7 Awake, O sword, against my shepherd,(LEADER OF ISRAEL) and against the man that is my fellow,(RELIGIOUS LEADER) saith the LORD of hosts: smite the shepherd, and the sheep shall be scattered: and I will turn mine hand upon the little ones.
8 And it shall come to pass, that in all the land, saith the LORD, two parts therein shall be cut off and die;(2/3RD ISRAELIS DIE) but the third shall be left therein.
9 And I will bring the third part through the fire, and will refine them as silver is refined, and will try them as gold is tried: they shall call on my name, and I will hear them: I will say, It is my people: and they shall say, The LORD is my God.
THESE 1/3RD WILL BELIEVE JESUS IS GOD THEIR MESSIAH)

ZECHARIAH 14:1-3
1 Behold, the day of the LORD cometh, and thy spoil shall be divided in the midst of thee.(JERUSALEM)
2 For I will gather all nations against Jerusalem to battle; and the city shall be taken, and the houses rifled, and the women ravished;(RAPED) and half of the city shall go forth into captivity, and the residue of the people shall not be cut off from the city.
3 Then shall the LORD go forth, and fight against those nations, as when he fought in the day of battle.

Netanyahu Explains Israel's Economic Success
by Hillel Fendel NOV 12,10


Prime Minister Binyamin Netanyahu talked business in a special interview with Fox Business Channel this week, and said that Israel has essentially become an export-driven, high-tech economy.Netanyahu utilized his visit to the United States not only to meet with Secretary of State Hilary Clinton and other officials, and not only to addess the Jewish Federation of North America’s General Assembly in New Orleans, but also to talk about Israel's successful economy and other issues.Fox co-host David Asman introduced the selection of video bites with a comparison of the US and Israel: We spoke to him [Netanyahu] about America's lackluster economy and Israel's booming economy. First, however, he was asked about the extent of the threat to international economics presented by Iran's nuclear ambitions.

A Global Threat
Netanyahu said that he believes Iran threatens not only the Middle East, but is also a global threat, because Iran's reach is far and wide. I mean, look at what they're doing today. They're in the Arabian Peninsula with a beachhead in Yemen. They're in Eritrea. They're in Sudan, in Africa. They're obviously in Lebanon and in Gaza, we see them. They're here in this hemisphere, [and] in South America. And this is what they're doing without nuclear weapons. So if they have nuclear weapons, a nuclear umbrella, think of what they could be doing? And the first thing they'll probably do is make a bid for Middle Eastern oil,Netanyahu continued, and that's going to affect the economies of the entire world. So this is not just an Israeli problem. It's rightly seen more and more, by the United States, by the major European countries, by us, and I can tell you, by many, many Arab governments in our region... So I think the answer [is that] it has to be dealt with by the international community, not merely for Israel's sake but for the sake of the peace and prosperity of the entire world.Co-hostess Liz Claman asked if the U.S. and the Obama Administration are supportive enough of Israel in this regard. I was in Israel a year ago this summer for the Maccabiah Games,she said, and I was asking taxi drivers, people on the street, restaurant owners, what do you think of President Obama? They don't like him because they feel that he doesn't understand or he isn't supportive enough of the Israel that matters most, and that is a democratic bastion in the middle of the Middle East. Do you think President Obama is supportive enough when it comes to the Iranian question?

Avoids Criticizing Obama
Netanyahu avoided the trap elegantly, saying the close nature between Israel and the United States... is a powerful bond, and President Obama has expressed it more than once. We have had security cooperation in the last year that people don't know about, but I think has surpassed all previous levels... I was very pleased to hear that the president has said that he is determined to prevent Iran from developing nuclear weapons. I think that's a very important statement.

PA Seeking Detours
Asked if he thought the new Republican Congress would be more friendly to Israel, Netanyahu said that both the outgoing and incomnig Congresses were/will be friendly to Israel, and that basically, that's a constant in the relationship between Israel and the United States. We're dealing with a government and I'm dealing with a president, I hope that we can get peace talks back on track. And that the crucial thing to me is - the only way you're going to conclude a successful peace negotiation is if you actually engage in it. And I'm disappointed with the fact that the Palestinian Authority has found ways not to negotiate, to seek a detour, to somehow go to the UN or go to the Security Council, or go elsewhere in avoiding the critical negotiation that we have to engage in.

Weak PA Economy
The economies of the Palestinian areas are nowhere near as vibrant as the economy in Israel itself, Asman said.Is there a way to include Palestinian economies in the growth that Israel is now experiencing?" Netanyahu answered affirmatively, Yes, and we've been doing that. We haven't waited for peace...

How Does Israel Do it?
Each of the co-hosts in turn compared Israel's economy quite favorably with the rest of the world: The international recovery may be sputtering, but take a drive through Israel's rapidly developing cities and you will see a very different economic picture. We asked Netanyahu how his country has powered through the global recession to leave other developing nations in its financial dust: You folks in Israel are growing at great guns. You're growing over 4 percent right now. We have anemic growth rates in the United States. The president's budget called for 4 percent growth. We're lucky to reach 2 percent this year. How have you guys been growing so well? Well, first of all, we're a speedboat, Netanyahu answered, and you're a cruise ship. So there's a difference... I can tell you as captain of a speedboat that we have followed a certain policy that has been good for us, but I don't pretend that it is necessarily good for every country, especially one that is a fifth of the world's economy. We're just, you know, a small niche economy. But what we've done and what we've instituted is essentially turning Israel into a high-tech free market economy. And that is a fundamental change from where we were decades ago.

We were growing oranges and selling polished diamonds,he elaborated, and now we're selling the software on chips and we're producing all sorts of innovations, technological innovations. And we've essentially become an export-driven, high-tech economy that has a very open marketplace. Not open enough. That's actually our strategic opportunity for growth. That is, if you're lucky enough to have a lot of bureaucratic controls, by removing them, you actually get added growth. And that's the secret of what you do in an advanced economy and you want to keep it growing after it has reached $30,000 per capita income. That is our situation.Claman didn't let up, though: There are some people who would say, boy, we wish the U.S. would figure that out, in fact making it a lot more easy for businesses to open up operations here in the United States. We talk to CEOs of the high-tech realm that you talk about, Intel, Applied Materials. When you drive from Jerusalem through to Herzliya, you see all of those names, Microsoft, Yahoo. What is it specifically that you're doing right to attract those businesses to open plants there?

The Prime Minister answered:
I think we enjoy the fact that we had a concentration of young people who went through the military and received a technological education. That created the potential. That potential could not be unleashed until we made the Israeli economy more friendly to business. And I had something to do with that, first as Prime Minister, again as Finance Minister, and now again as Prime Minister. What we did was basically follow three things. We controlled spending. We cut tax rates and projected them in a very deliberate path into the future. And we removed obstacles to competition.And the combination of the three propelled our economy from a crisis of contraction, about 1 percent contraction, to about 5 percent growth within 18 months. And it stayed that way more or less since, with a dip during the height of the recent crisis. But essentially that's what we've been doing. Now will that work for every economy? I don't know. It has worked for our speedboat....A lot of the changes that we did were very hard to do. I mean, they were politically very, very difficult. As Finance Minister I raised the pension age to 67; I haven't found a single voter who voted for me for that. And we did a lot of other things. We did capital market reforms. We took away a third of assets of our banks. We have large banks, a handful of them that controlled most of the economy. And we took away the long-term savings from those banks. That was very tough. Cutting government spending doesn't make you popular, believe me. It is very hard. So we did all of that. And the important thing is we did it [all] at the same time. So the effect of the reforms bundled together is greater than the sum of their parts. It's a very powerful growth stimulus.(IsraelNationalNews.com)

Five years comatose, Israel's Sharon taken home By Dan Williams – Fri Nov 12, 3:37 am ET

JERUSALEM (Reuters) – Israel's comatose former prime minister, Ariel Sharon, was moved back to his desert ranch on Friday, leaving the secure hospital ward that has been his home for almost five years, officials said.Sharon, 82, will continue to receive treatment at Sycamore Farm, where as premier he would summon advisers to plan strategies such as Israel's 2002 offensive in the Palestinian West Bank and the surprise 2005 withdrawal from the Gaza Strip.Felled by a stroke in January 2006, the ex-general left behind an often jittery Jewish state that has since fought two wars while charting an uncertain course in U.S.-sponsored peace talks with the Palestinians.Today, in 2010, the aspiration of any patient, our aspiration in the hospital, is to ensure that any chronic patient, when possible, is with his community, at home, said Prof Shlomo Noy, director of rehabilitation at the Sheba Medical Center outside Tel Aviv, where Sharon had been receiving care.Asked whether there was any chance of Sharon making a significant recovery -- or even returning to public life, as a few of his loyalists envisage -- Noy told Israel's Army Radio:

Clearly what's behind this is the hope that his situation will get better. But the improvements that we talk about in such situations are not great improvements, not dramatic improvements.After his stroke, Sharon settled into what medical staff and the friends who were allowed to visit describe as a limbo state -- uncommunicative but apparently responding to basic stimuli and television.He is said to have kept much of the corpulence that was a gift to satirists and gave him his nickname of Bulldozer.

EYES OPEN

There is a feeling of communication, of realization -- I mean, the eyes are open and there is kind of, like, you feel that he feels your presence, his doctor, Shlomo Segev, told the U.S. online journal The Daily Beast last year.So it's not completely what we call a coma. Not a deep coma, for sure. But if you asked me to quantify that, I cannot.Ehud Olmert, Sharon's deputy and successor, recalled in a memoir telling then-U.S. president George W. Bush that Sharon's two sons refused to consider stopping his life support as they believed his condition was not irretrievable.Sharon spearheaded Israel's repulsion of Egyptian forces in the 1973 war. As defense minister in 1982, he masterminded the Lebanon invasion but was forced to step down over the massacre there of Palestinian refugees by allied Christian militiamen.While many Arabs reviled his war record and zeal to build on occupied land, Sharon won respect as prime minister for plowing through Israel's fractious coalition politics to form the new, centrist Kadima party and pull out of Gaza.Whether Sharon, who at one point cornered Palestinian leader Yasser Arafat in Beirut with tanks, would have secured a peace accord remains debated, not least as Hamas Islamists opposed to coexistence with Israel were quick to fill the Gaza vacuum.The corruption- and infighting-riddled Likud party that Sharon abandoned has rebounded, its rightist leader Benjamin Netanyahu serving as premier today astride a mostly stable coalition.Installing Sharon in Sycamore Farm, in the southern Negev desert, was likely to take around 48 hours, Noy said, adding that he may need to be brought back to the hospital from time to time for check-ups.(Writing by Dan Williams; Editing by Kevin Liffey)

G-20 refuses to back US push on China's currency By VIJAY JOSHI, Associated Press - NOV 12,10

SEOUL, South Korea – Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.A joint statement issued by the leaders including President Barack Obama and China's Hu Jintao tried to recreate the unity that was evident when the Group of 20 rich and developing nations held its first summit two years ago during the global financial meltdown.But deep divisions, especially over the U.S.-China currency dispute, left G-20 officials negotiating all night to draft a watered-down statement for the leaders to endorse.Instead of hitting home runs sometimes we're gonna hit singles. But they're really important singles, Obama told a news conference after the summit.Other leaders also tried to portray the summit as a success, pointing to their pledges to fight protectionism and develop guidelines next year that will measure the imbalances between trade surplus and trade deficit countries.The G-20's failure to adopt the U.S. stand has underlined Washington's reduced influence on the international stage, especially on economic matters. In another setback, Obama also failed to conclude a free trade agreement this week with South Korea.The biggest disappointment for the United States was the pledge by the leaders to refrain from competitive devaluation of currencies. Such a statement is of little consequence since countries usually only devalue their currencies — making it less worth against the dollar — in extreme situations like a severe financial crisis.

The statement decided against using a slightly different wording favored by the U.S. — competitive undervaluation, which would have shown the G-20 taking a stronger stance on China's currency policy.The crux of the dispute is Washington's allegations that Beijing is artificially keeping its currency, the yuan, weak to gain a trade advantage.U.S. business lobbies say that a cheaper yuan costs American jobs because production moves to China to take advantage of low labor costs and undervalued currency.A stronger yuan would shrink the U.S. trade deficit with China, which is on track this year to match its 2008 record of $268 billion, and encourage Chinese companies to sell more to their own consumers rather than rely so much on the U.S. and others to buy low-priced Chinese goods.But the U.S. position has been undermined by its own central bank's decision to print $600 billion to boost a sluggish economy, which is weakening the dollar.Also, developing countries like Thailand and Indonesia fear that much of the hot money will flood their markets, where returns are higher. Such emerging markets could be left vulnerable to a crash if investors later decide to pull out and move their money elsewhere.Obama said China's currency policy is an irritant not just for the United States but for many of its other trading partners. The G-20 countries — ranging from industrialized nations such as U.S. and Germany to developing ones like China, Brazil and India — account for 85 percent of the world's economic activity.

China spends enormous amounts of money intervening in the market to keep it undervalued so what we have said is it is important for China in a gradual fashion to transition to a market based system, Obama said.The dispute is threatening to resurrect destructive protectionist policies like those that worsened the Great Depression in the 1930s. The biggest fear is that trade barriers will send the global economy back into recession.The possibility of a currency war absolutely remains, said Brazilian Finance Minister Guido Mantega.Friday's statement is also unlikely to resolve the most vexing problem facing the G-20 members: how to fix a global economy that's long been marked by huge U.S. trade deficits with exporters like China, Germany and Japan. Americans consume far more in foreign goods and services from these countries than they sell abroad.The G-20 leaders said they will try to reduce the gaps between nations running large trade surpluses and those running deficits.The persistently large imbalances in current accounts — a broad measure of a nation's trade and investment with the rest of the world — would be measured by what they called indicative guidelines to be determined later.The leaders called for the guidelines to be developed by the G-20, along with help from the International Monetary Fund and other global organizations, and for finance ministers and central bank governors to meet in the first half of next year to discuss progress.

Analysts were not convinced.

Leaders are putting the best face on matters by suggesting that it is the process that matters rather than results, said Stephen Lewis, chief economist for London-based Monument Securities.The only concrete agreement seems to be that they should go on measuring the size of the problem rather than doing something about it.
Associated Press writers Erica Werner, Kelly Olsen, Jean H. Lee, Greg Keller, Luis Alonso and Kim Hyung-jin in Seoul contributed to this report.

G20 closes ranks but skims over toughest tasks By Alex Richardson and David Ljunggren - NOV 12,10

SEOUL (Reuters) – G20 leaders closed ranks on Friday and agreed to a watered-down commitment to watch out for dangerous imbalances, yet offered investors little proof that the world was any safer from economic catastrophe.After an acrimonious start, the developed and emerging nations agreed at a summit in Seoul to set vague indicative guidelines for measuring imbalances between their multi-speed economies but, calling a timeout to let tempers cool, left the details to be discussed in the first half of next year.European leaders broke away for their own mini gathering in the middle of the summit to discuss a deepening credit crisis in Ireland, a stark reminder that the consequences of the worst financial crisis since the Great Depression still posed a serious threat to global stability.In a communique signed off at the end of the gathering, the group's fifth since the financial crisis exploded in 2008, there was a little something for everyone.Leaders vowed to move toward market-determined exchange rates, a reference to China's tightly managed yuan that the United States has long complained is undervalued.They pledged to shun competitive devaluations, a line addressing other countries' concern that the U.S. Federal Reserve's easy-money policy was aimed at weakening the dollar.

In a nod to emerging markets struggling to contain huge capital inflows, the G20 gave the okay to impose carefully designed control measures.They also agreed that there was a critical, but narrow, window of opportunity to conclude the long-elusive Doha round of trade liberalization talks launched in 2001.But there was no mention of Ireland, and the bland promises to deal with imbalances did not appear substantive enough to bring about any real shift. The International Monetary Fund warned that gaps between cash-rich exporters and debt-laden importers was widening to pre-crisis levels.The work that we do here is not always going to seem dramatic, U.S. President Barack Obama told a news conference after the summit.It's not always going to be immediately world-changing. But step by step what we're doing is building stronger international mechanisms and institutions that will help stabilize the economy, ensure economic growth and reduce some tensions.Global financial markets were not moved by the outcome of the G20 summit as it offered few concrete measures to change economic policy. Investors were instead focused on the fiscal crisis in Ireland.

BURYING THE HATCHET

After weeks of verbal jousting, the United States and China sought to bury the hatchet over rows about China's undervalued currency and the global risks created by the U.S. printing money to reflate its struggling economy.Exchange rates must reflect economic realities ... Emerging economies need to allow for currencies that are market driven, Obama said. This is something that I raised with President Hu (Jintao) of China and we will closely watch the appreciation of China's currency.The G20's accord sought to recapture the unity that was forged in crisis two years ago, but deep divides meant the leaders could not venture much beyond what was already agreed by their finance ministers last month.Negotiators had labored until the early hours of the morning to thrash out an agreement their leaders could all endorse, despite sharp disagreements that were on public display in the days before the meeting.This hasn't been a love-fest, an official who participated in the negotiations said. In particular, the leaders were unable to reach a consensus on how to identify when global imbalances pose a threat to economic stability, merely committing themselves to a discussion of a range of indicators in the first half of 2011. Tim Condon, head of research at ING Financial Markets in Singapore said it was hard to disagree with the vows of the leaders but they had fallen short of the progress hoped for going into the summit. They decided just to put down a lot of laudable objectives as the conclusion of the meeting and hope that they can do better, that more can be accomplished in future meetings, he said.

The G20 has fragmented since a synchronized global recession gave way to a multi-speed recovery. Slow-growing advanced economies have kept interest rates at record lows to try to kickstart growth, while big emerging markets have come roaring back so fast that many are worried about overheating. G20 credibility does depend on showing results ... we cannot get out of this with beggar-thy-neighbor policies, Canadian Prime Minister Stephen Harper said. We need instead to continue to coordinate our actions going forward. The recovery is fragile.I don't think the fact that we aren't there yet, we haven't resolved all these problems, means we will fall back.(Additional reporting by Patricia Zengerle, Keith Weir, Gernot Heller, David Lawder and Alister Bull; Writing by Emily Kaiser; Editing by John Chalmers)

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/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS FRI NOV 12,2010

09:30 AM -3.43
10:00 AM -12.72
10:30 AM -60.62
11:00 AM -79.32
11:30 AM -64.45
12:00 PM -91.88
12:30 PM -118.14
01:00 PM -129.50
01:30 PM -118.50
02:00 PM -120.88
02:30 PM -106.72
03:00 PM -95.70
03:30 PM -104.60
04:00 PM -90.52 11,192.58

S&P 500 1199.21 -14.23

NASDAQ 2518.21 -37.31

GOLD 1,368.10 -35.20

OIL 84.62 -3.19

TSE 300 12,749.20 -185.50

CDNX 2007.14 -32.14

S&P/TSX/60 731.55 -10.31

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -49 points at 4 minutes of trading today.
Dow -129 points at low today.
Dow +2 points at high today so far.
GOLD opens at $1,392.00.OIL opens at $86.33 today.

AFTERNOON,NEWS,STATS
Dow -129 points at low today so far.
Dow +2 points at high today so far.

WRAPUP,NEWS,STATS
Dow -129 points at low today.
Dow +2 points at high today.

GOLD ALLTIME HIGH $1,423.20 (NOT AT CLOSE)

Bernanke's worst nightmare: Ron Paul-Ron Paul grills Bernanke during the Congressional Joint Economic Committee hearing into the state of the U.S. economy.
By Chris Isidore, senior writerNovember 12, 2010: 8:11 AM ET CNN


NEW YORK (CNNMoney.com) -- Ben Bernanke has had his hands full since his first day on the job as Federal Reserve chairman nearly five years ago. It's about to get even tougher.His harshest critic on Capitol Hill, Rep. Ron Paul of Texas, is about to become one of his overseers.With the Republicans coming to power, Paul, who would like to abolish the Fed and the nation's current monetary system, will become the chairman of the House Subcommittee on Domestic Monetary Policy.If you've never heard of the committee before, you're not alone. But Paul promises you'll be hearing a lot more from it.It's basically been a committee that's dealt with commemorative coins. I'm going to deal with monetary policy, he said.

Paul doesn't think he'll be able to move his proposal to eliminate the Fed, or to allow Americans to use gold instead of paper money as currency. But he said he does intend to use his new position as a mini-bully pulpit to criticize Fed policy and call more attention to what he sees as its negative consequences. And he's confident that American voters are ready to delve into those monetary policy questions.Five years ago they wouldn't have listened. Now they will, he said. We've gained a lot of credibility in making the Federal Reserve an issue since the market collapse.And Paul vows to try again to authorize Congressional audits of the Fed's decisions on the economy, a proposal that passed the House last year but was essentially gutted from the final version of the financial regulatory overhaul legislation.It will never be easy; the Fed has a lot of influence, he said of the audit legislation. But there's a lot of life to it. We got further along than I ever expected.One way that Paul will bring pressure on Bernanke and his Fed allies is to hold hearings to give greater voice to Fed members -- like Kansas City Fed President Thomas Hoenig -- who disagree with the current monetary policy.Just getting someone there willing to discuss their viewpoint and why they might dissent, I think that would be interesting, Paul said.A Fed spokesman did not respond to a request for comment for this story.Some economists worry that Paul having that kind of pulpit will hurt the Fed, and diminish its ability to fix an economy that still needs help.From Ron Paul's standpoint, the Fed can't do anything right, said Lyle Gramley, a former Fed governor who is now senior economic advisor to the Potomac Research Group. He can cause the Fed to lose a lot of public support. But it needs public support to do what it needs to do.While the Fed policymakers will try to resist pressure from Paul, they won't be able to ignore it, said John Silvia, chief economist for Wells Fargo Securities. And he said there's a potential for that pressure to influence Fed policy.

The Fed has a more balanced, nuanced position on its dual mandate to promote growth and keep prices stable,he said. Ron Paul probably doesn't.But other Fed watchers say Bernanke already faces plenty of criticism and doesn't have too much to worry about from Paul having control of an oversight committee.I think that Bernanke has been pretty cool under fire up to now. I can't imagine Ron Paul being someone who could shake him up, said Michael Bordo, a professor of economics at Rutgers University.
Paul also rejects the idea that he's Bernanke's greatest concern.He probably just thinks I'm a nuisance rather than a nightmare, he said.And Paul doesn't think he'll be able to reverse Fed policy or force Bernanke to resign, as much as he would like to.I think psychologically, Bernanke is incapable of changing his mind," he said.It's probably unlikely [Bernanke will resign] under today's circumstances. But you don't know what it will be like a year or two from now.Paul argues the Fed is making a serious mistake by pumping more money into the economy to try to spur more spending and growth. He predicts it will only lead to further declines in value of the dollar, inflation and higher interest rates rather than the lower rates the Fed is shooting for. Paul thinks that will bring about another economic crisis that will eventually force Bernanke to resign from office.That's more likely to happen than for Bernanke to think, Well, I guess I made a mistake for 35 years. I've misunderstood the Depression, and I'm going to change my policy.

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).

EU President issues stark warning against nationalism
LEIGH PHILLIPS 10.11.2010 @ 09:29 CET

http://www.consilium.europa.eu/uedocs/cms_Data/docs/pressdata/en/ec/117623.pdf

EUOBSERVER / BRUSSELS - EU Council President Herman Van Rompuy has issued a stark warning against growing nationalism, populism and anti-democratic forces across the EU, suggesting that the threat to peace in Europe remains a key issue.We have together to fight the danger of a new euro-scepticism, he said in a speech in Berlin on Tuesday night (9 November).This is no longer the monopoly of a few countries. In every member state, there are people who believe their country can survive alone in the globalised world,he continued.It is more than an illusion: it is a lie! The president was speaking in the German capital on the Schicksalstag, or fateful day, the anniversary of five pivotal events in the nation's history: the fall of the Berlin Wall in 1989 and the fall of the monarchy in 1918, but also the Beer Hall Putsch in 1923, Kristallnacht in 1938 and the execution of a leader of the 1848 revolutions in the German states.Quoting wartime US president Franklin Roosevelt, he said that the biggest enemy of Europe today is fear, and that this ultimately could lead to war.Fear leads to egoism, egoism leads to nationalism, and nationalism leads to war, he said.Today's nationalism is often not a positive feeling of pride of one's own identity, but a negative feeling of apprehension of the others. Fear of enemies within our borders and beyond our borders.It is a feeling all over Europe, not of a majority, but everywhere present.In a wide-ranging speech, alighting on a range of aspects of the current state of the European Union, he cheered the day when the nations of the former Yugoslavia will join.To those who say that war is so far away in our past that peace cannot be a key issue in Europe anymore, that it does not appeal to the younger generations, I answer: just go out there [to the western Balkans] and ask the people there! And ask the young ones too! Beyond the EU's economic and political structures, he said that Europe needed to look to its heritage, in particular, the values and virtues of Ancient Greece.To keep such European virtues alive, to transmit their age-old qualities to our children and grandchildren, that will be one of the great challenges for the future, he said.We have to be a union of values but also a union of civic virtues.

He also touched on the current economic crisis, cheering the recent decision of European leaders to move towards common economic governance.One cannot maintain a monetary unity without an economic union, he said, and went on to salute the courage of EU leaders in imposing austerity measures over the top of popular opposition.I, for one, have really been impressed over the last year by the political courage of our governments. All are taking deeply unpopular measures to reform the economy and their budgets, moreover, at a time of rising populism. Some heads of government do this while being confronted with opposition in parliament, with protest in the streets, with strikes on the workplace - or all of this together - and fully knowing they run a big risk of electoral defeat.And yet they push ahead. If this is not political courage, what is? He also went on to criticise the European Commission's proposals for EU taxes. In October, the EU executive proposed a list of potential EU fund-raising mechanisms in an attempt to reduce the direct contributions national governments make to fund the workings of the bloc. I do not think that redesigning the way the EU get its revenue is a top priority, he said, adding that the imposition of EU taxation would fall on some countries harder than others and that this would be unfair.The current system reflects as a rule the member states' capacity to pay. Contributions are based on the gross national income and thus seen as fair ... I am personally open to new ideas, but since most alternative sources of income would risk to hit member states unequally, this would weaken the fairness of the current system, its built-in solidarity.He did not however close the door completely on the idea. So let's be prudent, but let's discuss it, he said.

Breakdown in EU budget talks
ANDREW WILLIS Today FRI NOV 12,10 @ 09:26 CET


EUOBSERVER / BRUSSELS - Bitter discussions between government ministers and the European Parliament over next year's EU budget broke down on Thursday evening (11 November), placing a question mark over the bloc's smooth operation in 2011. The Belgian EU presidency decided to halt the negotiations when it became clear a group of member states were unwilling to concede to MEP demands for a more formal role in separate upcoming talks on the future shape of the EU's next multi-annual budget, together with discussion on EU self-funding mechanisms.Earlier parliamentary negotiators had signaled they would step away from their previous demand for a 5.9 percent budget increase in 2011, instead settling for the more limited 2.9 percent rise supported by member states if given a concession in return.Diplomats will now attempt to cobble together a last-minute agreement on Monday. Failure will see this year's budget rolled into 2011 on a month-by-month basis while the European Commission comes forward with a new proposal. We need to avoid inward looking solutions. The stance of the Council [representing member states] today does not seem to reflect this view, European Parliament President Jerzy Buzek said immediately after the breakdown. It does not seem to grasp the fact that financial markets trust an EU-wide solution more than 27 differing ones.The European Parliament expects that the Council will show openness as the Parliament has done, he continued. At stake, if the Council refuses, are EU funded projects, which are growth oriented.National austerity measures have served to politicise the debate, with UK Prime Minister David Cameron last week persuading 12 other EU leaders to sign up to a maximum 2.9 percent rise next year. London had earlier called for no rise at all, conscious that Tory eurosceptics were likely to pounce on greater transfers to Europe as unacceptable when departmental budgets were being slashed back home.Britain's Justine Greening, a minister in London's Treasury Department, said member states were giving parliament time to reflect, adding that the 2.9 percent increase remained available if MEPs removed the strings attached.

Sources close to the discussions said the UK, Sweden, Denmark the Netherlands and Latvia had collaborated to end Belgian EU presidency efforts to broker a compromise, reports AFP. Softer support for the tough member-state position also came from France, Germany, Austria and Finland.The commission reportedly tabled a proposal to give parliament a greater say in the planning of the EU's multi-annual spending period but member states rejected it. European heavyweights such as German Chancellor Angela Merkel have also recently spoken out against plans for an EU tax.

The acrimonious talks are the first to take place under the EU's Lisbon Treaty, new rules that are supposed to improve the efficiency of budget negotiations by having only one reading.There are also signs that the protracted wrangling is causing unhappiness in several member states that support greater EU budgets in general, due to their net recipient status.The discussions which should be technocratic have become highly politicised, a Polish official told EUobserver this week.If we roll over the 2010 budget there will be less room for everything. We also have new policies for 2011, including the Galileo satellite system, the external action service and a major nuclear fusion project.We are worried by the rise in intergovernmentalism,the official said more generally.We saw at the last European Council that its president, Herman Van Rompuy, didn't act as an honest broker. He served the interest of some member states. He's trying to re-establish himself after a fall in standing.

Eurozone finance ministers gird themselves as Irish situation deteriorates
LEIGH PHILLIPS Today NOV 12,10 @ 09:24 CET


Ireland's widening debt crisis has stolen the attention of premiers and presidents at the Group of 20 meeting in Seoul following a sell-off of Irish debt, with German, French and UK leaders holding a hastily called pow-wow to discuss the issue.Finance ministers from the big three EU powers are expected to issue a joint communique on Friday (12 November) with the aim of calming investors, according to German officials.The yield on the Irish 10-year bond climbed to 9.26 percent on Thursday, up from 8.639 percent the day before, an all-time high since the launch of the euro in 1999, giving a yawning yield spread with 10-year German Bunds of 6.8 percentage points.The big three statement will likely make a reference to plans agreed two weeks ago at the EU summit in Brussels for a permanent eurozone bail-out fund for troubled economies.Meanwhile, eurozone leaders appear to be laying the groundwork for a call by Ireland on the area's existing €440 billion temporary bail-out fund.

Finance ministers from eurozone countries at their regular monthly meeting next Tuesday in Brussels will discuss the Irish situation and how the fund can be activated should Dublin throw in the towel and call for a rescue.The Irish Times is reporting informal contacts amongst European capitals on their ability to set the fund into motion should Dublin move in this direction.However, Irish government sources on Thursday stressed that no such application will be made, with similar denials coming from the chairman of the eurozone group of countries, Luxembourgish Prime Minister Jean-Claude Juncker.In the case that Ireland were to apply for funds from the European Financial Stability Fund, Dublin would first notify Mr Juncker and the eurogroup. Mr Juncker's spokesman on Thursday said no such contacts have been made.Meanwhile, the contagion appears to be spreading to Portugal, Spain and Italy, with the premium on the debt of all three countries climbing to record levels.On Thursday, the Spanish statistics office reported that the economy had seen no growth in the third quarter while Greek Prime Minister George Papandreou acknowledged that his government is unlikely to meet public deficit targets for this year and agreed to between Athens, the EU and the IMF in return for a €110 rescue earlier this year.

Net neutrality debate hots up in Brussels
LEIGH PHILLIPS 11.11.2010 @ 17:30 CET


EUOBSERVER / BRUSSELS - A Brussels summit and a three-month consultation of internet service providers, telecoms firms, consumer groups and civil liberties activists on the topic of net neutrality carried out by the European Commission, whose results were published this week, reveal wide divisions amongst stakeholders in the sector over how to maintain an open internet.The packets of information that currently wend their way across the information superhighway are delivered without favour. No data is accorded 'fast lane' privileges, with no discrimination depending on either the type of information or where it comes from. A number of internet activists and providers of certain services online are frightened that this status quo may come to an end if internet service providers begin to offer 'quality of service' guarantees to certain content providers in return for a premium fee. This would guarantee that information from premium-paying content providers reach users ahead of others.

Internet Service Providers, (ISPs) argue that such managed provision of the internet is necessary to avoid heavy bandwidth services such as YouTube or its French rival, Daily Motion, from, in effect, hogging the tubes and that enforced net neutrality would hinder innovation.Open internet activists however fear that this could lead to wealthy content providers loading quickly while those of an individual blogger might load more slowly, or in some cases, blocking the delivery of certain forms of content altogether. Some providers have already started blocking access to voice over internet protocol services such as Skype to prevent it from cannibalising telecoms services.Thus activists want legislators to intervene with regulation ensuring the maintenance of neutrality in the delivery of information - or net neutrality.The topic is highly controversial, as was revealed by the result of the commission's consultation. A number of respondents said that traffic management is inevitable and desirable in order to support efficient networks. Most however backed the maintenance of open networks in order to prevent some services being prioritised over others.At a minimum, the commission was told by stakeholders that firms should be labelled, as either neutral providers or those that offer managed services.

Several respondents are concerned about new internet business models causing net neutrality problems in the future, and have asked the commission to provide clarity, the commission said in a statement upon the release of the consultation results.The debate over the issue continued at a summit in the European Parliament. Digital agenda commissioner Neelie Kroes said that the commission supports an open internet but that the EU executive is reluctant to move in the direction of legislation.
Appearing to take the side of those who favour the development of managed services, she said: We need investment to avoid bottlenecks and to allow the development of new bandwidth-hungry services and applications.We should allow network operators and services and content providers to explore innovative business models, leading to a more efficient use of the networks and creating new business opportunities, she continued, giving the examples of e-health and e-learning services as products whose development may require traffic management.She said that while the decision of some providers to block certain services, such as Skype, that the best way to maintain an open internet was for customers to just purchase internet service from providers that are committed to neutrality.I say to those people who are currently cut off from Skype: vote with your feet and leave your mobile provider, she said.Railing against such thinking, Jeremie Zimmerman of La Quadrature du Net, an online civil liberties outfit, told the summit: Net neutrality must be made into law. Provisions aiming at competition and transparency have proven ineffective to protect it. This fundamental principle must by guaranteed through EU-wide regulation.Failing this, freedom of communication as well as innovation in the EU will be undermined, he said.
The commission is now to use results of the consultation and the summit as the basis of a report on the subject, which will be issued by the end of December.

EARTH WORSHIP

DEUTERONOMY 17:3-4
3 And hath gone and served other gods, and worshipped them, either the sun, or moon, or any of the host of heaven, which I have not commanded;
4 And it be told thee, and thou hast heard of it, and enquired diligently, and, behold, it be true, and the thing certain, that such abomination is wrought in Israel:

2 KINGS 23:5
5 And he put down the idolatrous priests, whom the kings of Judah had ordained to burn incense in the high places in the cities of Judah, and in the places round about Jerusalem; them also that burned incense unto Baal, to the sun, and to the moon, and to the planets, and to all the host of heaven.

EU says joint-up energy grid will cost €1 trillion
ANDREW WILLIS 10.11.2010 @ 17:01 CET


EUOBSERVER / BRUSSELS - The European Commission has unveiled a new energy strategy for the coming decade, calling for the unification of the bloc's fragmented energy networks by means of €1 trillion in infrastructure investments. The plan also highlights the need for greater energy savings and a more unified approach when negotiating contracts with non-EU states, together with a new drive to boost Europe's energy technology and innovation. Concrete legislative proposals will follow over the next 18 months.The energy challenge is one of the greatest tests for us all,EU energy commissioner Gunther Oettinger told journalists in Brussels on Wednesday (10 November). Putting our energy system onto a new, more sustainable and secure path may take time but ambitious decisions need to be taken now.In order to Europeanise the bloc's energy policy, member states must end their protection of national energy champions, said the commissioner, a struggle clearly highlighted by the roughly 40 legal battles currently underway between the EU executive and national capitals. Previous calls to unify the EU's energy market have met with strong opposition, although Mr Oettinger's German nationality adds considerable weight to this latest initiative, with Berlin traditionally being a leading opponent to market liberalisation.By linking European gas and oil networks, the commission hopes to prevent future energy crises similar to the gas price dispute between Russia and Ukraine in January 2009, which left several EU states without Russian gas during the height of one of Europe's coldest winters in recent times.Ahead of the bloc's first European Summit dedicated to energy on 4 February 2011, Mr Oettinger said greater energy efficiency was also a key element of the plan, indicating his intentions to come forward with binding rules in this area.New incentives will also be unveiled to help homeowners and local authorities to renovate draughty buildings in order to cut energy bills. On Tuesday the European Parliament's energy and industry committees unexpectedly adopted a report calling for binding energy efficiency targets to be implemented across the bloc.

Making the EU target to reduce energy consumption by 20 percent by 2020 binding will be crucial if it is not to be missed, said French Green MEP Yannick Jadot. Parliament's Green group was disappointed by the commission's new energy strategy however, saying it showed a shocking pro-nuclear bias and dubbed its energy efficiency targets as vague.Socialists also called for a greater emphasis on energy efficiency, with a number of environment NGOs in agreement. Improving energy efficiency is the simplest method to fight climate change and you can see the benefits immediately,Brook Riley, a campaigner with Friends of the Earth, told this website. The new EU strategy follows a recent report by International Energy Agency that predicts peak oil production around 2035, with prices reaching over $200 a barrel.Mr Oettinger considers the issue even more pressing. The amount of oil available globally, I think, has already peaked,he said while presenting the EU plan.

LAND FOR PEACE (THE FUTURE 7 YEARS OF HELL ON EARTH)

JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people and for my heritage Israel, whom they have scattered among the nations, and parted my land.

THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS

Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.

DANIEL 11:21-23
21 And in his estate shall stand up a vile person, to whom they shall not give the honour of the kingdom: but he shall come in peaceably, and obtain the kingdom by flatteries.
23 And after the league made with him he shall work deceitfully: for he shall come up, and shall become strong with a small people.
24 He shall enter peaceably even upon the fattest places of the province; and he shall do that which his fathers have not done, nor his fathers' fathers; he shall scatter among them the prey, and spoil, and riches: yea, and he shall forecast his devices against the strong holds, even for a time.

DANIEL 9:26-27
26 And after threescore and two weeks(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he( THE ROMAN,EU PRESIDENT) shall confirm the covenant with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

JEREMIAH 6:14
14 They have healed also the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.

JEREMIAH 8:11
11 For they have healed the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.

1 THESSALONIANS 5:3
3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.

ISAIAH 28:14-19 (THIS IS THE 7 YR TREATY COVENANT OF DANIEL 9:27)
14 Wherefore hear the word of the LORD, ye scornful men, that rule this people which is in Jerusalem.
15 Because ye have said, We have made a covenant with death, and with hell are we at agreement; when the overflowing scourge shall pass through, it shall not come unto us: for we have made lies our refuge, and under falsehood have we hid ourselves:
16 Therefore thus saith the Lord GOD, Behold, I lay in Zion for a foundation a stone, a tried stone, a precious corner stone, a sure foundation: he that believeth shall not make haste.
17 Judgment also will I lay to the line, and righteousness to the plummet: and the hail shall sweep away the refuge of lies, and the waters shall overflow the hiding place.
18 And your covenant with death shall be disannulled, and your agreement with hell shall not stand; when the overflowing scourge shall pass through, then ye shall be trodden down by it.
19 From the time that it goeth forth it shall take you: for morning by morning shall it pass over, by day and by night: and it shall be a vexation only to understand the report.

Flotilla Delayed as Ship's Captain Heads to Greece, not Gaza
by Maayana Miskin NOV 12,10


A small group of foreign activists who had hoped to break Israel's naval blockade on Hamas are instead heading for Greece. The activists, along with several Libyans, were trapped aboard the ship they had hoped to take to Gaza as the captain set sail for Greece instead.The Greek captain of the Strofades IV left Libya without permission on Thursday following a lengthy dispute with the foreign Road to Hope activists over payment. Road to Hope organizers reported that the captain was planning to drop the activists off in Greece.A separate report, from activists aboard the ship, indicated that the captain had gone crazy and had left the ship, taking off on a speed boat heading for a different vessel.Three Libyans, two Irish citizens, seven British citizens and one Algerian were said to be aboard the boat against their will.The captain set off from the Libyan port of Derma while the Strofades IV was still tied down, snapping the ropes holding his boat by force and heading for open waters. Libyan authorities had secured the boat while waiting to resolve the dispute between the captain and his passengers.The Road to Hope is the new name for what was formerly known as Lifeline to Gaza, a project organized in part by the openly pro-Hamas group Viva Palestina. Road to Hope organizers say they now have no ties to Viva Palestina; they also claim to be humanitarians... unaffiliated to any political organizations.The group describes Israel's naval blockade of Hamas as a siege, despite the fact that goods are allowed into Gaza by land. It also accuses Israel of apartheid and ethnic cleansing. However, Road to Hope organizers say they do not condone anti-Semitism in its true sense - an apparent reference to old anti-Semitic libels meant to exclude extremist anti-Israel hate.Some of the Road to Hope activists were aboard the Mavi Marmara, a ship that was part of a previous Gaza-bound flotilla that ended in violence. Passengers on the Mavi Marmara attacked IDF commandos who boarded the boat in an attempt to turn it aside; the attack led to a violent clash in which nine passengers were killed.
(IsraelNationalNews.com)

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.

S.Lanka floods force up to 300,000 from their homes by Amal Jayasinghe – Thu Nov 11, 9:23 am ET

COLOMBO (AFP) – Sri Lanka sent in troops to rescue residents marooned in the capital Colombo on Thursday after the heaviest rains in 18 years flooded the city, forcing up to 300,000 people from their homes.At least one man was struck down by lightning and killed while a woman was injured when her house collapsed, disaster management officials said.The authorities set up 12 temporary shelters in and around the capital to accommodate the victims of the heaviest rains since June 1992.The national assembly was flooded, forcing parliamentary Speaker Chamal Rajapakse to take a boat to inspect the building, located on an island in a man-made lake, which is usually reached by a causeway.MPs were later ferried over in military amphibious vehicles for a five-minute session, held in darkness, during which they passed six pieces of legislation under bipartisan agreement.The red-carpeted main chamber itself was dry, but the assembly's lower floor was under more than a metre (three feet) of water, like other areas of the capital where thousands of homes were inundated.Disaster management officials said between 250,000 and 300,000 people had been driven from their homes by the floodwaters.Irrigation Minister Nimal Siripala de Silva said the flooding was caused by the loss of marshes in Colombo which had previously acted as a sponge to soak up water during downpours.

Most of them have been drained for housing development.

There is message in this disaster, de Silva told reporters outside the flooded parliament. We need to take more care of our environment and pay more attention to protecting our eco-systems.Overnight rains dumped 44.5 centimetres (17.5 inches) of rain on the city, the biggest deluge since June 1992, when 49.7 centimetres fell in a day.We are deploying troops to rescue people who have been marooned as well as to clear dozens of cars struck in flooded roads, said Colonel Dampath Ratnayake who was coordinating relief at the Colombo Operations Command.The storm water system is unable to cope with the volume of water and we are also sending troops to help municipal workers clear some of the blocked drains, he said.Navy boats and airforce helicopters were deployed to help stranded residents and police said thousands of houses were under water. There were no immediate reports of casualties.Telephones and Internet connections were also cut because of lightning damage to telecommunication towers, while the authorities shut most public schools and cancelled a national examination.Many banks shut down their automatic teller machines as their computer networks were affected by the lightning. Most landline telephone connections were out, and fallen trees brought down power lines.A three-day practice match between the West Indies cricket team and a select XI was called off as the venue for the game in Colombo's fashionable Cinnamon Gardens area was knee-deep in water, officials said.

On the roads police deployed extra officers as traffic lights failed and some of the flooded thoroughfares were blocked with stalled vehicles. Heavy rains are due to intermonsoonal activity and we can expect more rain,national weather chief G. D. Samarasinghe said.Sri Lanka depends on monsoon rains for irrigation and power generation but the seasonal downpours frequently cause loss of life and damage to property in low-lying areas.The island's two main monsoon seasons run from May to September and December to February, with rains in between being the result of inter-monsoon activity.

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