Friday, November 05, 2010

STOCK RESULTS NOV 5,10

IT SEEMS OUR BUDDY BARRY SOETORO AKA BARACK OBAMA IS GOING TO INDIA AND RENTING A TAJMAHALL FOR THE 2,000-3,000 PEOPLE HES TAKING WITH HIM AT A COST OF $200MILLION DOLLARS.THIS TRIP WILL INCLUDE A TRIP TO AN INDONESIAN MOSQUE WERE OBAMA WILL ATTEND A SERVICE.INTERESTING AND GODLESS CLAIM OBAMAS NOT A KEYAN BORN MUSLUM.THIS IS OBAMAS FREE SPENDING SPREE BEFORE THE NEW HOUSE OF REPUBLICANS TAKE OVER.

BODY SCANNER HARRASSMENT OF WOMAN-CHILDREN
http://www.youtube.com/watch?v=5EqV2Rmkqaw&feature=player_embedded

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 05,2010

09:30 AM +0.15
10:00 AM -13.70
10:30 AM +1.48
11:00 AM +3.03
11:30 AM +5.72
12:00 PM -34.40
12:30 PM -30.95
01:00 PM -9.08
01:30 PM -13.36
02:00 PM -26.22
02:30 PM -34.92
03:00 PM -28.61
03:30 PM -33.18
04:00 PM +9.24 11,444.08

S&P 500 1225.85 +4.79

NASDAQ 2578.98 +1.64

GOLD 1,395.30 +12.20

OIL 86.97 +0.48

TSE 300 12,925.10 +46.30

CDNX 2008.92 +14.46

S&P/TSX/60 740.34 +2.61

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -14 points at 4 minutes of trading today.
Dow -34 points at low today.
Dow +16 points at high today so far.
GOLD opens at $1,382.20.OIL opens at $86.55 today.

AFTERNOON,NEWS,STATS
Dow -36 points at low today so far.
Dow +16 points at high today so far.

WRAPUP,NEWS,STATS
Dow -36 points at low today.
Dow +16 points at high today.

GOLD ALLTIME HIGH $1,397.20 (NOT AT CLOSE)(TODAY)

Dollar Begins Crash in Response to QE2 as Gold Scores New High
Kurt Nimmo Infowars.com November 5, 2010


Earlier this year, Lindsey Williams told Alex Jones the globalists would devalue the dollar and jack up the price of oil.Due to Fed policy, the U.S. dollar is now at risk of crashing and consumers will soon be hammered with higher prices.

Both are now happening.

On Thursday, in response to the Federal Reserve’s announcement that it plans to monetize the debt and increase the money supply, economists and market strategists warned that the sickly U.S. dollar is now at risk of crashing and consumers will soon be hammered with higher prices.Consumers should prepare for another turn of events like the spring of 2008, when oil prices soared to $147 a barrel and gas at the pump was more than $4 a gallon, Axel Merk, chairman and chief investment officer of Merk Investments, of Portland, Maine, told CNBC.Oil futures reached $87.22, the highest price in more than two years, Bloomberg reports this morning.Merk said the Fed’s plan for inflation will show up at the gas pump.We’re not going to get wages to go up. We’ll get the price at the gas pump to go up instead, he said.The Fed’s Q2E plan is being roundly condemned. China, Germany and Brazil are warning that the plan to inject more than $600 billion of funny money created out of thin air into the economy will have disastrous consequences. It will send money flooding into their markets seeking higher returns and that will drive up exchange rates and hamper exports by making their goods more expensive.China’s central bankers are not ebullient. If the domestic policy is optimal policy for the United States alone, but at the same time it is not an optimal policy for the world, it may bring a lot of negative impact to the world. There is a spillover, said Zhou Xiaochuan, governor of the People’s Bank of China.Investors are scampering in search of shelter. There’s no such thing anymore as a safe asset. Cash is no longer safe,said Merk. Do what central banks do, they diversify to baskets of currencies.Gold, silver, and precious metals remain a strong diversification option.

On Friday, gold futures shot up higher and posted a new record, their second in a row and a day after the metal had its biggest one-day gain in nearly 20 months. Gold rallied to $1,383.10 an ounce on Thursday after the Federal Reserve announced its policy to attack the dollar and unleash a broadside on the world economy through its QE2.

Bank Holiday Rumors Swirl Amidst Currency Crisis
Paul Joseph Watson Infowars.com November 5, 2010


With the world on the verge of a currency war as the Federal Reserve follows through on its dollar-killing quantitative easing program, rumors are once again swirling of a bank holiday, during which US citizens will be prevented from withdrawing money or at least limited in the amount of the withdrawal they can make.The bank holiday is rumored to be set for next week, with Tuesday November 11 pinpointed as the likeliest date.According to radio host Steve Quayle, a pastor was told by one of the managers of a prominent east coast bank that banks would close for an undetermined amount of time, and that when they reopened, all withdrawals by checks would be limited to $500 per week – no matter what the balance in the account is.Limiting the amount of money customers can withdraw or blocking the facility altogether reminds us of a Citigroup advisory that was sent to customers at the start of the year which stated that the bank reserved the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. The story stoked fears that financial institutuions were preparing for bank runs.On his website, Quayle asks, When in U.S. History has a sitting President taken off on an overseas trip for an extended period of time, with 65 airplanes, 34 warships reportedly 3,000 people including his friends and cohorts, at the pinnacle of an economic and political upheaval? Fears of a bank holiday first arose in June of last year, when it was rumored that banks would close their doors in early September. Concern was fueled by reports that US embassies in foreign countries were purchasing large quantities of local currency.

With Brazil and other countries now threatening to take drastic currency measures to protect themselves against a dollar crisis, a similar financial environment is stoking identical fears.Bank holidays are not without precedent in the United States. On March 5 1933, newly elected Franklin Roosevelt declared a bank holiday that lasted four days, during which he rammed through the Emergency Banking Act which granted FDR near dictatorial control over the dealings of banks. The Act also forced every citizen and business in the country to relinquish their gold in exchange for paper currency.The 1933 bank holiday served as a face-saving mechanism for many financial institutions – thousands of them never reopened after the closure period had ended.While we expect it to be business as usual next week and the rumors to subside as they did last year, the mere fact that this fear keeps cropping up shows how jittery the economic landscape is right now.Indeed, the debate is no longer about whether the US financial system and the dollar will come crashing down or not, but if that inevitable process will be characterized as a sudden collapse or death by a thousand cuts. The latter seems to be more likely, with a few lurches and leaps along the way, the first of which was Ben Bernanke’s announcement on Tuesday that the Fed will buy $600 billion of U.S. government bonds over the next eight months.The blame for this turmoil can be laid firmly at the feet of Bernanke, acting at the behest of the Fed’s owners, who having promised in June last year that they would not monetize the debt of the U.S. government. have now embarked upon a mad experiment” that will precipitate the collapse of the US dollar paper standard,as CLSA’s Chris Wood describes it.As the Honorable Louis McFadden, Chairman of the House Banking and Currency Committee, warned in 1933, the Fed does not care that it is killing the dollar because its role is to represent the interests of its international owners and its Wall Street cronies, not the American people.Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders, said McFadden.

So while the happy clappers on Wall Street are drunkenly celebrating the fact that their artificially inflated stock market is surging solely as a result of the value of the dollar being eviscerated, Main Street is hunkering down for a long winter, beset by worries about hyperinflation, rising food prices and gas price hikes, as oil follows gold’s meteoric rise, again solely as a result of the Fed’s decision to debase the greenback.Financial upheaval has been matched by political upheaval, and we can only hope that Congressman Ron Paul and his son, Senator in waiting Rand Paul, can build momentum to finally cut out the cancer that is destroying America – by ending the Fed for good.
http://www.youtube.com/watch?v=nZWhf8ejBrU&feature=player_embedded

Signs of backtracking on EU treaty change
ANDREW WILLIS Today NOV 5,10 @ 09:23 CET


EUOBSERVER / BRUSSELS - Barely a week has passed since EU leaders agreed to tweak the Lisbon Treaty, but already there are signs that a number of governments are getting cold feet. Polish Prime Minister Donald Tusk on Thursday (4 November) said the political deal struck at last week's summit was not the final word on the matter.A potential change to the Lisbon Treaty must be justified 100 percent and must not serve the interests of just one, two or five EU nations, because such a change would simply not be accepted, Mr Tusk told reporters in Warsaw. A deal reached in Brussels isn't enough. The member states must then go on to accept it, he added.Standing beside the Polish prime minister, visiting Czech counterpart Petr Necas said his country's rules for approving an EU treaty change were very complicated,with any such move requiring a referendum. Many had hoped such a public consultation could be avoided.In agreeing to German demands for an EU treaty change last week, EU leaders invoked the Lisbon treaty's special revision procedure - a new clause which allows them to tweak the EU rulebook without consulting citizens or the European Parliament, provided there is unanimity and EU powers are not extended.

Germany has pressed hard for the treaty change, concerned that the creation of a permanent EU crisis mechanism could be in breach of the EU's no-bailout clause, meaning Berlin would likely face a challenge from Germany's constitutional court.At the same time, Berlin has also been a leading advocate of a permanent crisis mechanism to replace the hastily cobbled together €750 billion backstop mechanism agreed in May which expires in 2013, arguing that it must also incorporate a sovereign debt restructuring procedure so that the private sector also foots part of the bill of future bailouts. On Thursday European Central Bank President Jean Claude Trichet repeated his warnings that such a mechanism would serve to unsettle markets, as Irish, Greek and Portuguese bonds continued their slump following German Chancellor Angela Merkel's raising of issue last week.A bilateral deal in which Ms Merkel earlier won French President Nicolas Sarkozy's support for the EU treaty change has also attracted widespread criticism.Referring to a meeting between the two leaders in the French seaside town of Deauville on 18 October, Italian foreign minister Franco Frattini said the other EU member states had been excluded from the real decision making.Pre-cooked decisions put on the table to be taken or left by others is not acceptable for other countries like Italy and other big players, Mr Frattini said in an interview with the Financial Times. We can have consultations but not pre-cooked decisions taken by Paris or Berlin.In Britain, news of the treaty change has led some euro-sceptic tories to call for a referendum on the subject. But on Thursday the leader of the government's junior coalition party, Liberal Democrat Nick Clegg, said London would simply wave the measure through, and would not push for EU powers to be repatriated to London.European Council President Herman Van Rompuy is to explore the details of how a permanent crisis mechanism should be set up, and will report back to EU leaders with his conclusions in December.

Germany accuses US of breaking promise on monetary policy-Schauble: We will speak critically about this in bilateral talks' (Photo: Wolfgang Staudt )ANDREW RETTMAN Today NOV 5,10 @ 09:28 CET

EUOBSERVER / BRUSSELS - Germany has accused the US of breaking a promise made at the G20 summit in Toronto in June by injecting a further $600 billion into its economy to stimulate growth.Speaking on national TV on Thursday (4 November), German finance minister Wolfgang Schauble said that participants at the meeting had agreed to tighten their belts: That was the common policy, that all developed countries, including the US, at the G20 summit in Toronto ... explicitly obliged to undertake. We will speak critically about this in bilateral talks with our American friends, but also at the G20 summit in South Korea in the coming weeks.The US decision, announced on Wednesday, is to see the US Federal Reserve buy US Treasury bonds in a financial procedure called quantitative easing, which is also known as printing money by its critics as the extra liquidity is not necessarily withdrawn.

The US move gave a fillip to stock markets around the world. But it also caused the value of the dollar to drop sharply against the euro, making EU exports less competitive on world markets..Germany's Mr Schauble argued that the US should tackle the underlying economic problems causing unemployment instead. A chorus of German politicians echoed his cries, including economy minister Rainer Bruderle and Liberal party member of parliament Frank Schaeffler.Printing money again will trigger a tsunami across the world economy, Mr Schaeffler said.The world's second most powerful central banker, the European Central Bank's Jean-Claude Trichet, bit his tongue during his regular monthly press conference on Thursday, however.No further comments on what is done by other central banks, who have their own responsibility, their own environment, he said, according to newswires. I never comment on moves on the market on a day-to-day basis. I have no indication that would change my trust in the fact that the Fed reserve chairman is not playing the strategy and the tactics of the weak dollar.I have no reason not to trust them, he added.The ECB has committed itself to a strategy of gradually dismantling the EU stimulus plans put in place in response to the global economic crisis.But Mr Trichet hinted on Thursday that the bank may have resumed its purchases of euro-zone government bonds in an attempt to reduce tensions in the European debt markets. Noting that figures out on Monday showed no new bond purchases by the ECB for the third week running, he said: You have always information that are not real-time. They are addressing what has happened a number of working days before... you will see that the program exists.

EU ambassador to attend Nobel gala despite Chinese bullying The Nobel gala dinner in Oslo is traditionally attended by all 27 EU ambassadors (Photo: wikipedia)
ANDREW RETTMAN Today NOV 5,10 @ 18:34 CET


EUOBSERVER / BRUSSELS - The EU ambassador to Norway and senior diplomats from several EU countries plan to attend the Nobel peace prize ceremony in December despite Chinese pressure.The office of EU foreign relation chief Catherine Ashton told EUobserver on Friday (5 November) that the EU's top man in Oslo, Janos Herman, will attend the gala dinner honouring Chinese dissident Liu Xiaobo on 10 December.

Mr Herman in recent days received a letter from his Chinese counterpart in the Norwegian capital asking him to boycott the ceremony. No letters were sent to the EU institutions in Brussels. But the vast majority of EU member states' bilateral missions in Norway received similar anti-Nobel requests.It is of course up to each individual member state to decide if they should attend the event. Should a member state or a number of member states request the High Representative/Vice-President [Ms Ashton] to have a co-ordinated position, the High Representative/Vice-President would take this on board. But we have not had such a request at this stage, her spokesman said.The ambassadors of Denmark, Finland, the Netherlands and the UK and the deputy chief of the German mission to Norway have in separate statements also confirmed they will attend.France is hedging its bets for now. An official foreign ministry communique on Thursday said only that it will decide before 10 December. The Norwegian Nobel Committee has asked invitees to respond by 15 November.The news on China's anti-Nobel lobbying came at an awkward time for France. Paris this week hosted Chinese President Hu Jintao on a three-day visit in which his delegation signed several billion euros' worth of contracts with French nuclear power, aviation and petrochemical companies.Asked by this website if France's silence on the Nobel question makes it look like it is putting Chinese money before human rights, the French foreign ministry's press service said it is not authorised to say anything on the subject beyond the Thursday communique. The three-day Chinese visit to France contained no question-and-answer sessions for press.China's style of diplomacy has caused annoyance in Brussels, meanwhile. It's not for China to dictate to member states what they should do. This is typical Chinese bullying tactics, an EU diplomatic contact said.Mr Liu is serving an 11-year-long jail sentence and is unlikely to be let out to collect his award in person.

According to an informal survey by an EUobserver contact in the Asian country, many educated Chinese people have not heard of him due to media censorship. Some have not even heard of the Tiananmen Square massacre. Among those who have heard of Mr Liu, opinion is split between those who admire his bravery for standing up to the state; those who see him as a Western darling and an agent of foreign interference; and those who think China should concentrate on economic growth instead of civil liberties.Chinese state media have meanwhile reached out to Western audiences to rubbish his name.An English language report on Xinhua news agency on 28 October entitled Who is Liu Xiaobo? quoted him as saying that Chinese people are weak and that he is ashamed of being Chinese. It said that prior to his arrest he lived comfortably on money paid by foreign NGOs and drank fancy foreign wine.For its part, the Norwegian Nobel Committee last month said: The campaign to establish universal human rights also in China is being waged by many Chinese, both in China itself and abroad. Through the severe punishment meted out to him, Liu has become the foremost symbol of this wide-ranging struggle for human rights in China.

Global Eyes Gareth Harding

On Friday I was in Vienna to pick up an Erasmus EuroMedia Award for an e-magazine I edit on EU communications issues. It’s called Opinion Corner and is published by Mostra, a Brussels-based communications agency.The latest edition of the magazine focuses on how the rest of the world views the EU and features interviews with Balkan musician Goran Bregovic, branding guru Simon Anholt and journalists, politicians and analysts in Moscow, Istanbul, Ankara, Washington DC, Brussels and London. We also carried out street interviews in Burkina Faso, Mexico, China and Egypt to find out what ordinary people make of the EU.It may come as a surprise to Europeans – many of whom are lukewarm about the EU project and gloomy about its future prospects – to learn that the European Union is viewed in an overwhelmingly positive light across the globe.In a poll carried out by Globescan for the BBC World Service in April 2010, citizens in all but two of the 28 countries surveyed said they had a mainly positive opinion about the EU’s influence in the world. Only Germany was judged more benignly in the poll, with 53% of respondents saying the EU had a positive and 18% saying it had a negative influence in the world.A more recent poll conducted by the Pew Global Attitudes Project in 2009 confirms the EU’s popularity worldwide – although public opinion is not as positive as the Globescan survey. Majorities or pluralities in 18 of the 25 countries surveyed said they had a favourable view of the European Union.

Before EU public relations folk crack open the champagne, they should remember that:

•This enthusiasm is coupled with widespread ignorance about what the European Union is and does.
•Much of the fuzzy feeling towards the EU is due to the fact that people see it as synonymous with the continent of Europe – which evokes images of wealth, beauty, culture and history.
•Support for the EU is haemorrhaging in the Wider Middle East. The five countries that view the Union most unfavourably – Pakistan, Egypt, Palestine, Turkey and Jordan – are all predominantly Muslim countries. In Pakistan, only nine percent of respondents said they had a positive opinion of the Union, according to the 2009 Pew poll. 72% of Jordanians and 57% of Palestinians said they viewed the EU unfavourably, despite the billions of dollars Brussels has pumped into the West Bank.
Foreign policy experts we interviewed in Washington DC, Moscow, London, Brussels and Turkey also had a much dimmer view of the EU than citizens. Among the criticisms levelled at the bloc are that it is obsessed by internal issues, projects a weak and ineffectual image, fails to live up to its high ideals and is incapable of communicating what it actually stands for. The ability of the EU to project itself as a brand is quite pitiful,says Martin Walker, Senior Director of the Global Business Policy Council.

There was also a quasi-unanimous view that the Lisbon treaty has created more, not less confusion and that the appointments of EU president Herman Van Rompuy and foreign policy chief Cathy Ashton – two unknown, uninspriring entities according to the European Policy Centre’s Shada Islam – was a missed opportunity for the EU to raise its international profile. The hope was that Lisbon would make the EU role in the world clearer, says Tomas Valasek of the Centre for European Reform in London. That hasn’t happened.The EU still remains a good global brand. It is viewed positively by most citizens in most states. It is envied for its relative peace and prosperity and provides a model for regions seeking closer economic integration. Unlike Russia, China and the United States, it is viewed as a non-threatening actor on the international stage.However, in recent years, the EU’s image has taken something of a knock as a result of the navel-gazing leading to the adoption of the Lisbon treaty and the confusion following it, the global financial crisis, Greece’s economic meltdown – and the EU’s belated attempts to rescue it – and the Union’s continued inability to punch its weight on the world stage. This lack of confidence is reflected in opinion polls, with the latest survey by Globescan showing a four-point drop in positive views towards the EU.So what can be done to polish up the EU’s image abroad and improve the way it conducts public diplomacy? As the European diplomatic corps sets up shop, the experts we spoke to offered the following advice:

•Don’t be afraid to take hard decisions and use hard power. Says Valasek: Foreign Policy is not a Eurovision Song Contest.
•Align brand EU (boring, bureaucratic) much more closely with brand Europe (beautiful, buzzing.)
•Focus less on process and more on action.
•Communicate better abroad – send diplomats abroad who can engage with locals not just talk tariffs and quotas.
Ultimately the EU will be judged around the world for what it achieves, rather than how it communicates. But until the European Union learns to engage with citizens in language they can understand and relate to, few people will ever know what it does and stands for.

ALLTIME