ISLAMISTS SET UP SHARIA NEIGHBORHOODS IN LONDON

THE MARKETS ARE SELLING BGTIME TODAY.ITS 1:45PM AUG 8,11.

DOW-DOWN 3.53%
NAS-DOWN 4.53%
S&P-DOWN 4.54%
GOLD AT ALLTIME HIGH $1,722.30

LAST WEEK THE STOCK MARKET LOST $1.4 TRILLION DOLLARS.PROBABLY THE MARKETS LOST 1 TRILLION ALONE I PREDICT TODAY.

TODAY 1.65 BILLION SHARES WERE TRADED BY 3:05PM
MORE THEN 1,000 STOCKS TODAY WERE AT YEARLY LOWS.

TODAYS TOTAL STOCK SHARES TRADED 2.34 BILLION.
BIGGEST 3 DAY DROP FOR STOCKS SINCE LATE 2008.
DOW DROPS 9% OVER 3 DAYS.
DOWS WORST DAY SINCE DECEMBER 1,2008
S&P WORST DAY SINCE DECEMBER 1,2008
NAS WORST DAY SINCE DECEMBER 1,2008

http://homelandsecurityus.com/archives/5130
http://www.al-rassooli.com/
Global Tisha B'Av Event Brings Jews Together-The Chofetz Chaim Heritage Foundation Tisha B’Av Event in 16 countries, at 700 sites, gives Jews tools to reconcile.by Gil Ronen Published: 08/08/11, 11:50 AM

This year’s Chofetz Chaim Heritage Foundation’s Tisha B’Av Event, Mending Relationships: Rebuilding Our World, focuses on the imperative of pursuing peace in our personal lives and communities.For more than two decades, The Chofetz Chaim Heritage Foundation’s World-Wide Tisha B’Av Event has brought together Jews from all walks of life, to be inspired to do their part in bringing unity and redemption to all of Israel.This year it is being conducted in 16 countries, at 700 sites in communities, camps and bungalow colonies across the country and throughout the world.Each year, the event focuses on new perspectives and practical actions each person can take to increase peace in their own lives and in the world.A CCHF statement explained, The damage set in motion by internal discord is well known, and is in fact a key factor in the continuation of Diaspora. This year’s speakers will paint a brilliant picture of the beautiful life each person can attain by cultivating peace.One version, Program A, includes an inspiring message from Rav Aaron Leib Shteinman, shlita, who constantly speaks about the pervasive issue of internal discord.Audiences will also hear a brand new, powerful presentation by Rabbi Yissocher Frand, who is well-known for his high-impact speaking style that leaves listeners not only enlightened, but inspired to act on their new understanding.

Program A also includes a stirring special message from Rav Gamliel HaCohen Rabinowitz, Rosh Yeshiva of Shaar Hashamayim Yeshiva in Jerusalem, who is a renowned Torah figure. In addition, Rav Yaakov Hillel, Kabbalah scholar and Rosh Yeshiva of Ahavat Shalom in Jerusalem, will provide his unique and thought-provoking perspective on the impact of discord.Program B offers and equally illustrious roster of speakers including Rabbi Yitzchak Berkovits, founder and director of Kollel Linas Hatzaddik, Rabbi Eli Mansour, and Dr. David J. Lieberman, an award-winning author and internationally recognized leader in the fields of human behavior and interpersonal relationships.Both versions of this year’s presentation are aimed at awakening each person to the boundless benefits of pursuing peace, CCHF added.By heeding these uplifting words, each person can gain effective, practical tools to heal the rifts, repair the damage to our world and enable Hashem’s Creation to operate at full capacity, bringing brocha [blessing], health, prosperity and happiness into our lives.Mending Relationships: Rebuilding Our World will take place on Tisha B’av, Tuesday, August 9 in locations worldwide. To view the location nearest you visit www.chofetzchaimusa.org.

Churches to Read Torah as Others Read Koran-Countering a move by churches across USA that read from the Koran, other churches prepare to read Torah. by Gil Ronen Published: 08/08/11, 12:43 AM

Churches in the U.S. are preparing to read sections of the Torah on Sunday, August 13, in a show of solidarity with Israel and the Jewish people. The move is a response to an initiative by a group of churches that read from the Muslim Koran during their services on Sunday, June 26. According to the Faith Shared project, which initiated the Koran reading, 66 churches from 32 states joined that effort.In an effort to counter the move, a grassroots movement of churches across America is preparing to read from sections of the Torah during their services.According to Pastor Mark Biltz, one of the pastors leading the move, while Jewish communities around the world read the Shema prayer, Christian communities will join them in solidarity. There is a special bond between Jews and Christians, as both hold as the greatest commandment to love the L-rd their G-d with all their heart,Pastor Biltz explained. So I’ve also posted the Shema in as many languages as I could find on our website so everyone could see it.I am asking in a show of solidarity with the G-d of Israel, the G-d of Abraham, Isaac and Jacob that churches/organizations join together in one accord and read from the Torah during their Saturday/Sunday services this coming August 13 and 14,he wrote.Biltz went on to say that The suggested reading from this Torah portion is the greatest commandment, found in Deuteronomy 6:4-9, that we love the Lord with all our heart, soul and strength.The pastor is referring to the verses after the one-line Shema prayer. The reading will obviously not be from a parchment hand-written Torah scroll.It is known in Judaism as the Shema and begins with asking Israel to hear and obey the Lord and realize He is the one and only G-d. This date was chosen because the Jewish people all over the world will be reading that portion on that weekend. So Christians will literally be joining a chorus of voices proclaiming on earth and to the heavens that the G-d of Israel is the One and Only G-d and that we are to love Him above all others!! This weekend also is the weekend right after the Ninth of Av and begins the readings of speaking comfort to Jerusalem.

Rabbi Jeremy Gimpel, host of Tuesday Night Live, said the initiative makes sense, historically: The Western world is going to have to make a choice very soon, he explained.To either side with Israel, history, facts and the Bible – or to try to appease the Arab world in its quest for world domination. The Christian world will have to choose between a G-d of love and life that our scriptures speak of, and a G-d of submission and death that is being promoted by the Muslim Brotherhood. I think that a grassroots demonstration within Christianity that identifies more with Judaism and shows solidarity with Israel is a blessed move and should be encouraged.

NY Times Calls on Obama to Draw Map for PA State-A New York Times editorial calls on Obama to do what he has said won’t do – outline a take it or leave it Palestinian Authority state.by Tzvi Ben Gedalyahu Published: 08/08/11, 9:53 AM

A New York Times editorial has called on President Barack Obama to do what he has said won’t do – place a take it or leave it Palestinian Authority state on the table.
President Obama has repeatedly said that he will not try to dictate to PA Chairman Mahmoud Abbas and Israel the territorial and political outlines of establishing the Palestinian Authority as a new Arab country within Israel’s borders.Its editorial, headline Palestinians and the U.N. criticizes all sides – Abbas, Prime Minister Binyamin Netanyahu and President Obama – for the current lack of talks and Abbas’s appeal to the United Nations for recognizing the PA as a state.The United States and its partners should put a map and a deal on the table, with a timeline for concluding negotiations and a formal U.N. statehood vote, the Times wrote.The Security Council and the Arab League need to throw their full weight behind it.The editorial noted what nationalists – and lately mainstream media – have warned about for years: raising the expectations of the Arab world might spark further violence, if not war.The Times warned that Abbas’s strategy of the United Nations probably will leave him empty-handed, with nothing more than a toothless resolution for a PA state.

The United States is expected to veto any attempt by the United Nations Security Council to recommend that the PA become a member state of the international body. Abbas’s alternative is for the pro-Arab General Assembly to pass a non-binding resolution.After the initial exhilaration, Palestinians would be even more alienated, while extremists would try to exploit that disaffection, according to the Times.The editorial then made another call for negotiations between the Palestinian Authority and Israel, although its solution of President Obama’s delivering his own final plan eradicates all possibilities of direct talks between Abbas and Prime Minister Binyamin Netanyahu.The Times blamed Prime Minister Netanyahu for having used any excuse he can find (regional turmoil, the weakness of his coalition government) to avoid negotiations.It blamed Republican party leaders who seem mainly interested in embarrassing Mr. Obama [and who] have encouraged the Prime Minister.It also blamed Arabs leaders who haven’t given the Israelis any incentive to compromise.
If Abbas goes through with his United Nations strategy, All sides will end up paying a high price,the Times concluded.

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 MON AUGUST 08,2011

09:30 AM -3.16
10:00 AM -206.52
10:30 AM -302.61
11:00 AM -353.43
11:30 AM -297.44
12:00 PM -295.34
12:30 PM -331.72
01:00 PM -325.90
01:30 PM -376.70
02:00 PM -450.61
02:30 PM -604.25
03:00 PM -538.16
03:30 PM -433.43
04:00 PM -634.76 10,809.85 -5.55%

S&P 500 1119.46 -79.92 -6.67%

NASDAQ 2357.69 -174.22 -6.90%

GOLD 1,718.50 +66.70

OIL 81.30 -5.55

TSE 300 11,671.00 -491.20

CDNX 1682.29 -129.20

S&P/TSX/60 666.38 -25.46

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -246 points at 4 minutes of trading today.
Dow -369 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,700.60.OIL opens at $83.71 today.

AFTERNOON,NEWS,STATS
Dow -634 points at low today so far.
Dow -1 points at high today so far.

WRAPUP,NEWS,STATS
Dow -634 points at low today.
Dow -1 points at high today.

GOLD ALLTIME HIGH $1,722.30 (NOT AT CLOSE)

SOME BANKS RATINGS HAVE BEEN DROPPED ALSO.
9.4 MILLIONS OF SHARES TRADED IN THE FIRST HOUR WAS A NEW RECORD.

EU speeds up anti-crisis measures after US downgrade
VALENTINA POP Today AUG 8,11 @ 09:28 CET

EUOBSERVER / BRUSSELS - The European Central Bank (ECB) has said it will buy Italian and Spanish bonds and eurozone countries aer to hold special parliamentary sessions in order to speed up reforms after the recent escalation in the financial crisis.
ECB officials and EU leaders held a series of telephone conferences over the past three days in various formats including the G7, the G20, France-Germany and France-Gerany-US in a bid to allay market fears after the Standard & Poor's ratings agency downgraded US debt from AAA to AA+ on Friday (5 August) in a historic move.The French and German leaders in a statement urged eurozone legislatures to hold extraordinary sessions to ratify a July deal on expanding the powers of the bloc's €440 billion bailout fund, the EFSF. In particular, they stress the importance that parliamentary approval will be obtained swiftly by the end of September in their two countries, they said.Spain, Italy and Belgium followed suit by announcing that MPs would meet early to vote on the package.Ratification of the EFSF upgrade is deemed as essential for the ECB to buy Italian and Spanish debt.The bank last week agreed to return to bond markets to buy debt from troubled euro-countries but limited new purchases to Ireland and Portugal in a move that did little to calm markets.Italy and Spain, whose borrowing costs recently spiked to near-bailout levels have also announced fresh debt-reduction measures.Italian Prime Minister Silvio Berlusconi on Friday said he will speed up austerity measures in order to achieve a budget balance by 2013 instead of 2014 as originally planned. Madrid announced new reforms to bring in an additional €4.9 billion.

Welcoming the developments, the ECB said it will "actively implement" its bond-purchasing program in an indication that it will start buying Italian and Spanish debt from as early as Monday on.Markets remain sceptical despite the new interventions however, with shares continuing to fall in Asian markets on Monday morning. South Korea at one point slumped by more than 7 percent. The US downgrade saw Middle Eastern markets tumble earlier on Sunday - their first day of trading. Israel fell by seven percent, while markets in Dubai and Egypt dropped some four percent.In a mark of the gravity of Standard & Poor's move, US treasury secretary Timothy Geithner faced opposition calls to step down.Fearing that its own triple-A status might come under fire, France on Friday was the first country to reaffirm its confidence in the US economy. Jitters on France are linked to the global economic situation but also to concerns that it might be forced to increase its contribution to the EFSF if the EU fund is made bigger in future.Standard & Poor's on Sunday said its outlook on France is stable and that there is no downgrade on the cards.Only five other eurozone countries apart from France have AAA status: Austria, Finland, Germany, Luxembourg and the Netherlands. At the other end of the spectrum, Greece is said to be in partial default,while Portugal and Ireland have been given junk status by the big three ratings agencies.Meanwhile, China, the world's leading creditor, appears to be losing patience with profligate Western countres.Beijing has purchased more than $1.1 trillion of US debt and the downgrade has fuelled fears it may not get all its money back.On Saturday, a commentary released by China's official Xinhua news agency said that Washington should cure its addiction to debts and live within its means.The US government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone.

MUSLIM NATIONS

EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.

ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.

PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

DANIEL 11:40-43
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.

EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.

JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.

Islamists Set Up Sharia Neighborhoods in London-Islamic hate preacher bombards neighborhoods in London with signs stating that they have become a a Sharia-controlled zone.by Elad Benari Published: 08/08/11, 5:14 AM

Islamists in Britain have set up zones where the Muslim Sharia law would be enforced, local media reported last week.The Daily Mail reported that some communities have been bombarded with bright yellow posters which read: You are entering a Sharia-controlled zone – Islamic rules enforced.The messages were found on bus stops and street lamps, said the report, and have already been seen across certain boroughs in London. They order that no gambling, no music or concerts, no drugs or smoking and no alcohol should be seen in the Sharia-controlled zone.According to the report, dozens of streets in the London boroughs of Waltham Forest, Tower Hamlets and Newham have been hit with these signs.Hate preacher Anjem Choudary is reportedly behind the scheme, and he has said he plans to flood specific Muslim and non-Muslim communities around the UK and put the seeds down for an Islamic Emirate in the long term.Choudary is the founder of two Muslim groups in Britain that were banned by the British government after being declared terrorist organizations. He has threatened British Jews who support Israel, stating that it is an Islamic obligation upon Muslims everywhere to support the Jihad against those who fight Muslims anywhere in the world or who occupy Muslim land.He has often praised Muslim terrorists, referring to the September 11 terrorists as magnificent martyrs. In 2003 he endorsed terrorist attacks by British Muslims and said that al-Muhajiroun, one of the groups he founded, would encourage people to fulfill their Islamic duties and responsibilities.He praised the 2008 terrorist attack in Mumbai, India and has also called for stoning homosexuals, assassinating the Pope, and prosecuting Queen Elizabeth for genocide.

Most recently, Choudary said that U.S. President Barack Obama must embrace Islam as a way of life or face the consequences of a trial under the Shariah Islamic court system. He claimed that Obama is waging a war against Islam.He was quoted by The Daily Mail as saying about the Sharia neighborhoods, We now have hundreds if not thousands of people up and down the country willing to go out and patrol the streets for us and a print run of between 10,000 and 50,000 stickers ready for distribution. We are going to go to all these same areas and implement our own Sharia-controlled zones.He claimed that this is the best way for dealing with drunkenness and loutishness, prostitution and the sort of thug life attitude you get in British cities.The Scotland Yard is now working with local councils to remove the posters and identify those responsible for putting them up, The Daily Mail said.The leader of Waltham Forest Council, Chris Robbins, told the newspaper, As soon as we heard about these posters we worked over the weekend to take them all down. Since then we have been going through our CCTV images and working with the police to try to identify the culprits. Our policy is to use the full extent of our powers to prosecute any offenders.He added that people should not get the wrong idea about our borough because a handful of small-minded idiots, who do not live here, decide to deface our streets with ridiculous posters.

Leading Journalist: Protest a Totalitarian Media Hoax-Kobi Arieli, a prominent religious journalist, publishes a scathing critique of protest created by Israel's White Tribe.by Gil Ronen Published: 08/08/11, 12:49 PM

The housing protest brought an unknown number of Israelis to the streets Saturday night, but criticism of the seemingly spontaneous protest is growing. Kobi Arieli, one of the most prominent religious journalists in Israel's mainstream media, published a scathing critique of the protests on his Facebook page – most likely because no newspaper would carry it.Some of Arieli's points:There is no social protest. The protest is a Ynet protest. It exists in Yediot Aharonot, Ynet and Channel 2 news -- three totalitarian media outlets that shamelessly host it and provide it with life, day after day, week after week. Take the media out of the protest – and there is no protest… The entire media has been enlisted to its own tribal party and has managed to White Tri-Why then, is there a feeling that a huge and historic protest is flooding the land and its very foundations are moving? Because Ynet says so. Morning after morning. Hour after hour. Propaganda tends to work, and this one certainly does.The present government… is not to blame for anything. It is stable, strong and has a well thought out economic agenda. One does not need to agree with its world view, but we should be proud that this is one of the only [Israeli] governments that has an ordered fiscal outlook. So why did the fools sing [songs of derision against Netanyahu]? Because they are fools.

Additional targets of the protest are the parasitical sectors that contribute nothing and which the middle class has to carry on its back… There are four such sectors, if I understand correctly: hareidis, Arabs, settlers and poor people. You will never hear about two of these: not about poor people, because it is not nice to attack poor people, and not about Arabs, because this contradicts another of the Tribe's principles – the Tribe is supposed to like Arabs (originally, the White Tribe is leftist). Therefore you will only hear complaints about settlers and hareidis.The argument that says it's all the settlers' fault is a political argument and therefore not valid… Political arguments are decided at the ballot box. Surprise: it was decided at the ballot box. Next.The argument it's all the hareidis' fault is indeed an old and well-known one, but it suffers from two problems: A) the hareidis are also poor! OK, but they are poor by choice, say the opponents. This makes the argument political again. B) The criticism of hareidis and their budgets is tainted with much exaggeration and seething hatred.The tycoons. What is the sin of the rich? That they are rich… Can we take money from them and give it to the middle classes? There is no need, because the middle class is alive and well. Can we take their money and give it to the poor? Of course we can. Josef Stalin and Lazar Kaganovich would be glad to tell us how it is done.I am ashamed of the terrible place the media has come to, these days. No, I did not expect any better of it. I have despised it for years because I have known it for years… And I am proud of my good friends, who will not be named, most of whom are media people, all of whom, I find, share my feeling of nausea and frustration and helplessness.Therefore I oppose this protest and feel deep contempt for it.

Stock Market: Fire Sale or Fool’s Gold?-Panic selling abates Monday morning in Israel and European buyers snap up stocks. Fool’s gold or not, real gold soars to $1,700 an ounce. by Tzvi Ben Gedalyahu Published: 08/08/11, 11:05 AM

Panic selling abated Monday morning in Israel and Europe as buyers snapped up unwanted stocks. Fool’s gold or not, real gold soared to $1,700 an ounce.Asian stocks were down from 2-4 percent when their markets closed Monday morning Israeli time. The drop was an expected reaction to the reduction in credit rating of the United States from AAA to AA.But the panic selling was more in the headlines than in the markets. The declines were far less than the 7 percent drop in Tel Aviv Sunday and reflected, in part, domestic economies.In contrast, European markets were up sharply Monday morning after an opening decline. The London FTSE index was up 0.66 percent mid-morning Monday, and Tel Aviv indices were up well over 2 percent, but the indices turned back into negative territory by early afternoon.New York pre-opening indicators show a 1-2 percent decline is in store Monday, but the indicator often changes 180 degrees by the time of the opening bell in New York, which is seven hours behind Israel. The indicator was down by almost 3 percent earlier in the morning.Gold soared by 3 percent to $1,705 an ounce while crude oil prices were down another 2 percent as panic sellers flee stocks and commodities.When emotions dominate the market anything is possible. Doom and gloomers insist the sharp drop last week, on the heels of fears of a new worldwide recession, is only a harbinger of things to come.Others think that while growth in the United States is slowing and the reduction in the credit rating is a black mark for the government, growth will continue at a slow rate and the change in credit ranking has no real significance beyond an embarrassment for the United States.Regardless of what may be tomorrow, Monday’s trading indicates that the panic is over, at least for the time being, and that last week’s prices may have been a market bottom... maybe.

Government agents stole $9,000 in cash during Rawesome Foods raid, says witness Mike Adams Natural News Aug 8, 2011

A witness on the scene during the Rawesome Foods raid has publicly stated that an agent of the Specialized Surveillance & Enforcement Bureau of the Los Angeles County Department of Public Health stole $9,000 in cash from James Stewart after placing him in handcuffs. The $9,000 in cash was about to be used to acquire food products (honey, watermelons, eggs and others) that are offered to club members of Rawesome Foods.During the raid on Rawesome Foods, $4,500 in cash was taken from the store and $9,000 confiscated from James Stewart, but only the $4,500 in cash was noted on the warrant. California law requires that all items seized at the raid are noted on the warrant, but the LA County Department of Public Health failed to note the $9,000, meaning there is no longer any paper trail for this cash that was taken from James.

Lela Buttery, a witness at the raid, explained this on the Robert Scott Bell Show (www.NaturalNewsRadio.com) Sunday, August 7, 2011:The warrant states that they are to take various samples of dairy products. It also says that they can take files, computers, hard drives, cash, etc., but they have to account for everything. So all of the milk that was dumped out is not accounted for. There’s a part of the warrant that they have to say what they confiscated. There were envelopes in the office that were already set out to pay these vendors… that was about $4500, but when Terrence Powell asked James Stewart how much money is on the premises — that was one of the first questions that was asked — so he said he had nine grand on him, and Terrance asked why would you have so much money on you right now? That money was taken and on the currency sheet it is not on there. So I’m looking at some government agencies that are pocketing some dough right now.Listen to the full audio recording of this at:http://snd.sc/oLNRED

The Terrance that Lela is referring to isTerrance Powell, Bureau Director, Specialized Surveillance & Enforcement Bureau of Los Angeles County Department of Public Health. He is one of the five key government people responsible for masterminding this raid which has now been publicly called an act ofgovernment terrorismagainst innocent Americans.In response to Lela’s explanation, Robert Scott Bell answered:Yeah, we’re looking at criminal organizations, racketeering if you will, these are the organized crime people that are in government, and they’re looking for funds. Because they’ve realized they’ve tapped out on the taxes of the American people; they’ve indebted and enslaved children yet to be born to a debt that can never be repaid. And of course they’re going after the people who eat and drink raw milk. It’s the new source of bailout money — Rawesome Foods in Venice, California! This is beyond belief! Later, when I joined the show, I said:Lela just broke some news on your show about the fact that the authorities took a large amount of cash that was not noted on the warrant — I think $9,000. Can Lela confirm that’s the case? Because that looks like outright theft.Lela replied:That indeed is the case. I have the warrant right here, I have the [list of] currency that was obtained, and it was the $4500 which was the envelopes that were in the office, but I was standing with two other witnesses while James was in handcuffs and they asked him how much money was on the premises, and when he said that he had nine grand in his pocket, they asked him what it was for, he said it was for the produce, and they took that money and confiscated it, and it was not recorded. It is not on the currency control sheet.This eyewitness account seems to indicate that LA County Dept. of Public Health authoritiestook $9,000 from the raid without properly recording it on the warrant, thereby eliminating any paper trail of the cash. Of course, following the posting of this article and the public scrutiny that will undoubtedly follow, you can expect this $9,000 will magically reappear and they will claim it was some sort of oversight or mistake that’s now being corrected. Or, perhaps, they will just say, What $9,000? and brazenly just steal it. These people are engaged in criminal misconduct, after all. They conduct armed illegal raids against innocent farmers in total violation of civil rights and basic human rights. They operate in total abuse of their power.Listen to the interview yourself at:
http://snd.sc/oLNRED

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.

THE FIRST JUDGEMENT OF THE EARTH STARTED WITH WATER-IT ONLY MAKES SENSE THE LAST GENERATION WILL BE HAVING FLOODING
GENESIS 7:6-12
6 And Noah was six hundred years old when the flood of waters was upon the earth.
7 And Noah went in, and his sons, and his wife, and his sons’ wives with him, into the ark, because of the waters of the flood.
8 Of clean beasts, and of beasts that are not clean, and of fowls, and of every thing that creepeth upon the earth,
9 There went in two and two unto Noah into the ark, the male and the female, as God had commanded Noah.
10 And it came to pass after seven days, that the waters of the flood were upon the earth.
11 In the six hundredth year of Noah’s life, in the second month, the seventeenth day of the month, the same day were all the fountains of the great deep broken up, and the windows of heaven were opened.
12 And the rain was upon the earth forty days and forty nights.
GOD PROMISED BY A RAINBOW-THE EARTH WOULD NEVER BE DESTROYED TOTALLY WITH A FLOOD AGAIN.BUT FLOODIING IS A SIGN OF JUDGEMENT.

Storm threatens China chemical plant
AFP by Marianne Barriaux – AUG 8,11

BEIJING (AFP) – China battled Monday to avert a disaster at a chemical plant on its northeast coast as a severe tropical storm that has killed three people in South Korea approached.Workers were rushing to repair a dyke protecting a chemical plant after it was breached by high waves in the province of Liaoning, where the storm was expected to make landfall later Monday.Residents near the Fujia Group plant in the port city of Dalian were evacuated as a precaution, the state Xinhua news agency said in a report confirmed by an official with the Liaoning border police.The official, who refused to be named, would not provide further details when contacted by AFP.Authorities did not say which chemicals were in danger of spilling from the plant, which makes paraxylene -- a flammable, carcinogenic liquid used in the production of polyester films and fabrics, Xinhua said.Torrential downpours and high winds unleashed by Muifa -- which was a typhoon before it weakened to a severe tropical storm -- have already wreaked havoc along China's eastern coast, as well as neighbouring South Korea.Airlines cancelled hundreds of flights and thousands of fishing boats were ordered to stay in port over the weekend as Muifa approached. It had initially been due to hit Shanghai, but changed course and travelled north instead.The storm drenched the eastern province of Shandong, where more than 100,000 people were moved to safety, local authorities said.US oil giant ConocoPhillips was also forced to suspend clean-up operations on a two-month-old oil spill in Bohai Bay off the coast of Shandong due to the storm, the firm said in a statement.Clean-up activities will resume as soon as it is safe to do so,it added.Muifa also left three people dead and one missing as it battered nearby South Korea with strong rain and winds that toppled hundreds of power lines, signposts and trees.

Power was cut to 320,000 houses in southwestern provinces, while roads, port facilities and breakwaters were destroyed in dozens of locations.A 76-year-old fisherman was found dead Sunday on the southern South Korean island of Wando. A man in his 40s drowned after being swept away by stormy seas in the southern port of Busan.A 50-year-old woman was found dead Monday after falling into a flooded stream in Hwasun in the southwest and a 65-year-old man was reported missing in Busan.Muifa is also due to hit North Korea -- which neighbours Liaoning province -- on Monday night.The impoverished state is still reeling from summer downpours and floods that have killed 30 people, destroyed more than 6,750 houses and inundated more than 48,000 hectares (120,000 acres) of farmland.Authorities in Dandong, a border city in Liaoning, have set up more than 750 temporary shelters that are capable of accommodating more than one million people, Xinhua reported.Thousands of soldiers are also on standby to conduct rescue and relief work after the storm passes, it said.Muifa has already destroyed nearly 170 houses and caused damage worth 1.9 billion yuan ($290 million) in the eastern province of Zhejiang, where one person went missing over the weekend after a boat sank.But so far, the storm has not caused as much damage as initially feared.Authorities had expressed concern that Muifa could cause destruction similar to that unleashed by Typhoon Saomai in 2006, which was the worst to hit China in 50 years and killed at least 450 people.

POISONED WATERS

REVELATION 8:8-11
8 And the second angel sounded, and as it were a great mountain burning with fire was cast into the sea: and the third part of the sea became blood;
9 And the third part of the creatures which were in the sea, and had life, died; and the third part of the ships were destroyed.
10 And the third angel sounded, and there fell a great star from heaven, burning as it were a lamp, and it fell upon the third part of the rivers, and upon the fountains of waters;
11 And the name of the star is called Wormwood:(bitter,Poisoned) and the third part of the waters became wormwood; and many men died of the waters, because they were made bitter.(poisoned)

REVELATION 16:3-7
3 And the second angel poured out his vial upon the sea; and it became as the blood of a dead man: and every living soul died in the sea.(enviromentalists won't like this result)
4 And the third angel poured out his vial upon the rivers and fountains of waters; and they became blood.
5 And I heard the angel of the waters say, Thou art righteous, O Lord, which art, and wast, and shalt be, because thou hast judged thus.
6 For they(False World Church and Dictator) have shed the blood of saints and prophets, and thou hast given them blood to drink; for they are worthy.

UN chief visits Japan nuclear disaster zone
AFP by Harumi Ozawa – Mon Aug 8, 2:18 am ET

FUKUSHIMA, Japan (AFP) – UN chief Ban Ki-moon on Monday pledged the world body's solidarity with Japan after its quake, tsunami and nuclear disasters and encouraged radiation evacuees to hang in there.Travelling in the disaster-struck northeast, Ban became one of the most senior foreign leaders to visit the region close to the crippled Fukushima Daiichi atomic power plant, which is still leaking radiation.I came here to express my solidarity, the United Nations' solidarity for the government of Fukushima, and particularly for affected people in Fukushima, Ban told prefectural governor Yuhei Sato.Particularly this Fukushima Daiichi nuclear power plant accident has given us great lessons, he said. We need to carefully review to improve our safety and improve our capacity tools in such an emergency response.Some 85,000 people have fled the region around the plant after the world's worst nuclear disaster since Chernobyl 25 years ago.Ban, who has convened a nuclear safety summit for the UN General Assembly in New York in September, is expected to reinforce his calls for tougher international standards.Joined by his wife, Ban visited a shelter where more than 300 evacuees, mainly from Minamisoma city and a 20-kilometre (12-mile) no-go zone around the plant, have lived in cramped conditions for the past five months.

You will hang in there, Ban said in Japanese to the evacuees, who live in tiny spaces separated by cardboard partitions.Ban, who arrived in Japan Sunday, then visited Fukushima Minami High School, where he also gave words of encouragement to some 100 teenagers, telling them, the entire world and the United Nations are behind you.Five months on from the disaster, Japan's government and the plant operator Tokyo Electric Power Company (TEPCO) are struggling to stabilise three reactors at the plant following a series of meltdowns and explosions.Japan wants to bring all reactors to stable cold shutdown by January.But lethal hotspots were detected inside the crippled plant last week, with radiation so high that they threaten to prevent emergency workers from making progress in the effort to control the crisis.TEPCO has also faced a series of technical glitches affecting a system to decontaminate radioactive runoff water used to cool the reactors.At the meeting with Ban, Fukushima governor Sato asked him for cooperation from the world body.Five months have passed since the disaster and amid this ordeal Fukushima's people are making their utmost effort to build a new Fukushima, he said.I would like to ask you, secretary-general, and the United Nations to especially remember Fukushima and cooperate with us.The UN chief then visited tsunami-ravaged Haragama beach in Soma city, 40 kilometres north of the Fukushima plant, to assess the damage.Ban walked with the local mayor past demolished buildings, destroyed cars and mangled fishing nets still piled up high on road sides, stopping to observe a moment of silence.

I also was struck by the level of destruction and sadness for all the loss of life here,Ban said.However, you have shown such strength to the world, and unbreaking will to overcome.Later in the day, Ban will travel to Tokyo to meet Prime Minister Naoto Kan and Foreign Minister Takeaki Matsumoto.The UN chief is also expected to request that Japan dispatch troops from its Self-Defence Forces for a peacekeeping operation in South Sudan.Ban came to Japan as part of an Asian tour that will also take him to his native South Korea on Tuesday, where he will launch a UN youth conference, the Global Model United Nations, in Incheon.He will also address an academic forum in Seoul and meet President Lee Myung-Bak and Foreign Minister Kim Sung-Hwan during his five-day stay there.

GALATIONS 5:19-21
19 Now the works of the flesh are manifest, which are these; Adultery, fornication, uncleanness, lasciviousness,
20 Idolatry, witchcraft, hatred, variance, emulations, wrath, strife, seditions, heresies,
21 Envyings, murders, drunkenness, revellings, and such like: of the which I tell you before, as I have also told you in time past, that they which do such things shall not inherit the kingdom of God.

Moody's says U.S. needs to find more deficit cuts
Reuters By Walter Brandimarte – Mon Aug 8, 4:09 am ET

NEW YORK (Reuters) – Ratings agency Moody's repeated a warning on Monday it could downgrade the United States before 2013 if the fiscal or economic outlook weakens significantly, but said it saw the potential for a new debt agreement in Washington to cut the budget deficit before then.With U.S. markets still to open after rival Standard & Poor's stripped the United States of its AAA rating late on Friday, Moody's said in a statement its own decision to affirm the AAA rating on August 2 was on the condition that further cuts were found.For the Aaa rating to remain in place, we would look for further measures that would result in the ratio of federal government debt to GDP, for example, peaking not far above the projected 2012 level of near 75 percent by the middle of the decade and then declining over the longer term, Moody's analyst Steven Hess wrote in a report.Last week's agreement suggests that coming to an agreement that would meet this criterion by early 2013 will be challenging, given the political polarization, but not necessarily impossible.

Questions about whether U.S. lawmakers will be able to agree on further budget savings next year lie at the center of the disagreement between the two ratings agencies.While S&P downgraded the United States to AA-plus after last week's debt deal fell short of its expectations, Moody's is willing to give the government more time tackle its debt problems.Moody's said the United States continues to exhibit the characteristics compatible with a Aaa rating despite the expected further deterioration in the government's debt metrics in the next few years.Over time, this status could be threatened if further measures to address the long-term fiscal situation are not adopted, but it is early to conclude that such measures will not be forthcoming,Hess said.(Editing by Patrick Graham)

Debt issuers brace for impact from downgrade
Reuters By Paritosh Bansal and Dan Wilchins – Mon Aug 8, 12:22 am ET

NEW YORK (Reuters) – A downgrade of United States' top-tier credit rating has Wall Street scrambling to figure out the knock-on effects for the financial system, from mortgages to banks to markets that rely on U.S. Treasuries for collateral.The immediate effects of the Standard & Poor's downgrade of the country's AAA credit rating late on Friday are likely to be modest, largely because it was expected and already at least partly discounted, experts said.Many downplayed the likelihood of the sort of financial contagion experienced when Lehman Brothers went under in September 2008. Few had expected it to have to file for bankruptcy, and few were prepared for the fallout. Money market funds froze, some major commercial banks collapsed, and many major dealers and finance houses teetered on the edge of failure.

But even if that type of scenario is unlikely this time, bankers, lawyers and investors wonder if there could be longer-term consequences of S&P's downgrade, given that U.S. sovereign credit is bedrock to the world financial system.The analysis is complicated because so many of the potential stress points for the financial system are relatively opaque areas like over-the-counter derivatives markets.Adding to the difficulties is the concern that the downgrade is only one of the many issues roiling global markets. The European debt crisis is spreading, with Italy and Spain coming under the gun after Greece, and data in recent weeks point to a weaker U.S. economy than many investors had thought and have led to fears of another recession.I actually think it is going to end up having more of an impact than some of the news stories are suggesting, said Thomas Stoddard, a senior managing director at Blackstone Group who focuses on financial services investment banking.Not having the U.S. as triple-A is just going to pop up in more places and have more frictional costs than people might suspect, Stoddard added.A number of entities that are key players in the U.S. financial system -- including mortgage finance companies Fannie Mae and Freddie Mac, and securities clearinghouses like the Options Clearing Corp Depository Trust Co -- are likely to be downgraded by Standard & Poor's on Monday.For Fannie Mae and Freddie Mac, losing their triple-A rating could lift borrowing costs, potentially making mortgages more expensive for consumers and adding to stress in the already unstable U.S. housing market.Last month, S&P said it may also cut ratings for companies like the Depository Trust Co, which facilitates payment transfers among major banks, and several Federal Home Loan Banks and Farm Credit System Banks.On Friday evening, when S&P cut the United States' sovereign rating by one notch to AA-plus, it said it would offer more detail about the ratings for these companies on Monday.

DERIVATIVES MARKETS

Another source of potential stress is derivatives markets, where investors and banks often collateralize their positions using U.S. Treasuries.If banks start demanding more Treasuries to collateralize the same exposure, investors could be forced to sell assets to come up with extra collateral, causing broader market declines. As long as Treasury yields are at all time lows, that risk seems relatively low, said a hedge fund trader who spoke on condition of anonymity.Some derivatives transactions may have ratings triggers built into them that unwind the deals if the U.S. is downgraded, the trader said, but he said it is difficult to know how many such transactions are out there.OCC, the world's largest equity derivatives clearing organization, said on Sunday it has no current plans to adjust its current valuations or haircuts on Treasuries used as collateral.There are some factors working in markets' favor, analysts noted.For one thing, major U.S. banks are better capitalized as credit losses have slowed. The U.S. banking system had $1.51 trillion of equity capital at the end of the first quarter, compared with $1.29 trillion in the fourth quarter of 2008. That roughly 17 percent of extra capital is supporting about 3 percent fewer assets than it used to.If stresses become strong in areas like the repo market, a massive market that banks use to fund securities short-term, dealers are fairly sure the Federal Reserve can jump in to offer support, as it did during the credit crunch, the trader said.Any impact in the derivatives market will be less than what the pessimists fear, said Michael Holland, founder of asset manager Holland & Co. I don't expect major disruptions in markets just from the downgrade.

BORROWING COSTS

Borrowing costs for companies with top ratings like Microsoft Corp and Exxon Mobil Corp could drop, because triple-A rated debt may be even more attractive to some investors now, analysts said. Some companies have at times had more available cash on their balance sheets than the U.S. government in recent weeks.In general, corporate borrowing costs may not rise following the U.S. downgrade. Last week, when many in the market were expecting the U.S. to be downgraded, six U.S. companies issued 30-year bonds, which is unusually long-dated for the corporate market.Even highly-rated corporate bonds have seen their risk premiums rise in recent sessions, signaling that portfolio managers are still concerned about credit risk. As turmoil in Europe ratchets higher, those risk premiums may rise more. But investors' willingness to buy long-term corporate debt signals some confidence in the sector.To a certain extent, corporate debt may look even more attractive, especially cash-rich balance sheet companies with lots of liquidity,said Chip MacDonald, a financial services partner at law firm Jones Day.

STATE FINANCES

States that rely heavily on federal government spending -- such as Virginia and Maryland, which are home to many federal employees and defense contractors -- could suffer if Congress and President Barack Obama slice the federal budget more deeply.
A downgrade of Fannie Mae and Freddie Mac would affect billions of dollars of debt issued by public housing authorities secured by federally guaranteed mortgages.
Hospital credits could be weakened if the federal government slashes programs such as Medicaid -- the health plan for the elderly, poor and disabled that accounts for as much as 30 percent of state spending. Stocks in the health care sector sold off last week, amid fears of declining government support for spending in the sector.
The degree of dependence on the federal government now becomes a state credit issue, said Philip Fischer a managing principal at eBooleant Consulting, in a recent report.
S&P is also expected to immediately downgrade pre-refunded bonds. When municipal bonds are refunded, investors are typically repaid from Treasuries held in escrow.
Debt issued by AAA-rated universities and colleges with global reputations might rise in price, said Evan Rourke, a portfolio manager, with Eaton Vance, citing Harvard and Princeton as examples.Indeed, the immediate impact of the downgrade might be muted by the tax-free market's traditional strengths.I don't see a tremendous flight out of municipals. You might see credit spreads widening for lower-rated issues but we also think a lot will hold their ratings,Rourke said.
(Reporting by Paritosh Bansal and Dan Wilchins, additional reporting by Joan Gralla, Ben Berkowitz and Ann Saphir; Editing by Marguerita Choy)

ECB backs Italy, Spain as policymakers pledge action
Reuters By Wayne Cole and Paul Taylor – Mon Aug 8, 4:14 am ET

SYDNEY/PARIS (Reuters) – The European Central Bank stepped into bond markets on Monday, backing up a pledge to support Spain and Italy with the aim of averting financial meltdown in the euro zone, while the G7 and G20 offered soothing words to investors shaken by a historic downgrade of the U.S. debt rating.Spanish and Italian bond yields fell as traders said the ECB was broadening its bond-buying program to include debt issued by the bloc's third- and fourth-biggest economies, in the latest effort to staunch Europe's sovereign debt crisis.They're doing 20 to 25 million (euro) clips and they're spreading it around the market, said a trader.We expect them to do billions today.Equity markets that had been in headlong retreat in Asia turned positive in Europe as G20 finance chiefs and central bankers pledged to take all necessary measures to support financial stability, growth and liquidity.It does seem that policymakers globally are swinging into action, said Shane Oliver, head of investment strategy at AMP Capital Investors, one of Australia's biggest fund managers.A move to now start buying Italian bonds could be very positive in helping to calm fears about a further escalation of European debt problems, said Oliver, speaking before the ECB made its move in the markets.Speculators will now have to think twice about selling or shorting Italian and Spanish bonds knowing the ECB will be acting against them.Spreads of Italian and Spanish bonds over German debt narrowed sharply, credit default swaps fell and Spanish and Italian stocks jumped more than 3 percent. The euro also extended gains.It marked a reversal of mood from the fear that had gripped Asian markets earlier in the day, when similar pledges in a G7 statement had failed to calm investors who drove safe haven gold to a record atop $1,715 an ounce, while share markets were again colored red.Investors also turned their attention to what the Federal Reserve might say at its policy meeting on Tuesday, fuelling speculation it might soon have to consider a third round of quantitative easing to resuscitate the world's richest economy.

COUNTING ON ECB, FED

After a rare Sunday night conference call, the ECB welcomed announcements by Italy and Spain of new deficit cutting measures and economic reforms as well as a Franco-German pledge that the euro zone's rescue fund will take responsibility for bond-buying once it is operational, probably in October.The Euro system will intervene very significantly on markets and respond in a significant and cohesive way,a monetary source said.The central bank had been reluctant to step up its buying of distressed debt, fearing it would be seen as a blank check to spendthrift governments.Since the program began in May last year it has bought just 80 billion euros of bonds, while Italy and Spain alone issue around 600 billion a year. Dealers said it would take a pledge to buy several hundred billion euros of debt to get ahead of contagion fears.At the same time the G7 -- the United States, Britain, Canada, France, Germany, Italy and Japan -- said it would take joint action if needed in foreign exchange markets because disorderly movements ... have adverse effects for economic and financial stability.The G20 communique followed shortly after European markets opened.The Japanese intervened to restrain their currency last week while the Swiss National Bank surprised with a new round of easing as it fought a rapidly rising franc.Pressure is now growing on the Fed to try further easing -- dubbed QE3 by the market -- though few expect anything dramatic as early as Tuesday's policy meeting.We are probably a little bit closer. But I don't think we're there yet, said Nomura's chief global economist Paul Sheard.I think the Fed would have to get a little bit more concerned that financial markets were spinning out of control before accepting with QE3.

CHINA NOT HAPPY

None of which was enough to reassure Washington's single biggest creditor, China.
It must be understood that if the U.S., Europe and other advanced economies fail to shoulder their responsibilities and continue their incessant messing around over selfish interests, this will seriously impede stable development of the global economy, said a commentary in the People's Daily newspaper, the mouthpiece of China's ruling Communist party.China holds well over a trillion dollars worth of U.S. government paper and was thus not pleased when Standard & Poor's cut the U.S. debt rating to AA-plus from AAA -- a move that also angered Treasury Secretary Timothy Geithner.In an interview on NBC and CNBC television, Geithner said the rating agency has shown really terrible judgment and claimed its downgrade meant nothing and wouldn't affect investors' faith in U.S. debt.Japanese Finance Minister Yoshihiko Noda put a brave face on it on Monday, saying that market trust in the dollar and U.S. Treasuries has not wavered and indicated Tokyo's readiness to maintain its massive holdings of U.S. government bonds.(Additional reporting by Laura McInnis, David Lawder and Mark Felsenthal in Washington, Sarah Marsh in Berlin, Astrid Wendlandt in Paris, Kim Yeonhee and Yoo Choonsik in Seoul, Praveen Menon and Shaheen Pasha in Dubai, and Reuters bureaux worldwide; Writing by Wayne Cole and Alex Richardson; Editing by Ed Davies and Dean Yates)

WW3 THE 3 WAVES THAT MARCH TO ISRAEL
http://israndjer.blogspot.com/2005/11/questions-ww3-whats-coming.html (WW3 COMPLETE HAPPENINGS)

AMOS 9:10
10 All the sinners of my people shall die by the sword, which say, The evil shall not overtake nor prevent us.

DANIEL 11:40-45
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
44 But tidings out of the east(CHINA 2ND WAVE OF WW3) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)
45 And he shall plant the tabernacles of his palace between the seas in the glorious holy mountain; yet he shall come to his end, and none shall help him.

REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)

The Third and Final Wave of WW3 is when all Nations march to Jerusalem, but JESUS bodily returns to earth and destroys them,sets up his KINGDOM OF RULE FOR 1000 YEARS THEN FOREVER.

2ND WAVE CHINA AND KINGS OF THE EAST MARCH TO ISRAEL

REVELATION 16:12
12 And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.(THIS IS THE ATATURK DAM IN TURKEY,THEY CROSS OVER).

DANIEL 11:44 (2ND WAVE OF WW3)
44 But tidings out of the east(CHINA) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)

REVELATION 9:12-18
12 One woe is past; and, behold, there come two woes more hereafter.
13 And the sixth angel sounded, and I heard a voice from the four horns of the golden altar which is before God,
14 Saying to the sixth angel which had the trumpet, Loose the four angels which are bound in the great river Euphrates.(IRAQ-SYRIA)
15 And the four angels were loosed, which were prepared for an hour, and a day, and a month, and a year, for to slay the third part of men.(1/3 Earths Population die in WW 3 2ND WAVE)
16 And the number of the army of the horsemen were two hundred thousand thousand:(200 MILLION MAN ARMY FROM CHINA AND THE KINGS OF THE EAST) and I heard the number of them.
17 And thus I saw the horses in the vision, and them that sat on them, having breastplates of fire, and of jacinth, and brimstone: and the heads of the horses were as the heads of lions; and out of their mouths issued fire and smoke and brimstone.(NUCLEAR BOMBS)
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.(NUCLEAR BOMBS)

In a Jerusalem tunnel, a glimpse of an ancient war
APAP – AUG 8,11

JERUSALEM (AP) — Archaeologists say artifacts discovered in an ancient drainage tunnel under Jerusalem are left over from war 2,000 years ago.On Monday archaeologists presented a Roman legionnaire's sword and sheath found in the tunnel late last month. They believe it dates to around 70 A.D., when Rome put down a Jewish revolt, razing the second biblical Jewish Temple and much of the city.Accounts of the battle say Jewish rebels fled to tunnels in a futile attempt to escape the Romans.Israel Antiquities Authority archaeologist Eli Shukron says diggers also found clay lamps, pots, and a bronze key. He thinks rebels left many of those items.The newly excavated tunnel is part of a growing network of subterranean passages under the city.

NUCLEAR WEAPONS WILL BE USED.

PSALMS 97:3
3 A fire goeth before him, and burneth up his enemies round about.

REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)

ISAIAH 66:15-18
15 For, behold, the LORD will come with fire, and with his chariots like a whirlwind, to render his anger with fury, and his rebuke with flames of fire.
16 For by fire and by his sword will the LORD plead with all flesh: and the slain of the LORD shall be many.
17 They that sanctify themselves, and purify themselves in the gardens behind one tree in the midst, eating swine's flesh, and the abomination, and the mouse, shall be consumed together, saith the LORD.
18 For I know their works and their thoughts: it shall come, that I will gather all nations and tongues; and they shall come, and see my glory.

ISAIAH 26:21
21 For, behold, the LORD cometh out of his place to punish the inhabitants of the earth for their iniquity: the earth also shall disclose her blood, and shall no more cover her slain.(WW3,1/2 earths population die).

ISAIAH 13:6-13 KJV
6 Howl ye; for the day of the LORD is at hand; it shall come as a destruction from the Almighty.
7 Therefore shall all hands be faint, and every man's heart shall melt:(FROM FRIGHT)
8 And they shall be afraid: pangs and sorrows shall take hold of them; they shall be in pain as a woman that travaileth: they shall be amazed one at another; their faces shall be as flames.
9 Behold, the day of the LORD cometh, cruel both with wrath and fierce anger, to lay the land desolate: and he shall destroy the sinners thereof out of it.
10 For the stars of heaven and the constellations thereof shall not give their light: the sun shall be darkened in his going forth, and the moon shall not cause her light to shine.
11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
12 I will make a man more precious than fine gold; even a man than the golden wedge of Ophir.
13 Therefore I will shake the heavens, and the earth shall remove out of her place, in the wrath of the LORD of hosts, and in the day of his fierce anger.

ISAIAH 24:17-23 KJV
17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
19 The earth is utterly broken down, the earth is clean dissolved, the earth is moved exceedingly.
20 The earth shall reel to and fro like a drunkard, and shall be removed like a cottage; and the transgression thereof shall be heavy upon it; and it shall fall, and not rise again.
21 And it shall come to pass in that day, that the LORD shall punish the host of the high ones that are on high, and the kings of the earth upon the earth.
22 And they shall be gathered together, as prisoners are gathered in the pit, and shall be shut up in the prison, and after many days shall they be visited.
23 Then the moon shall be confounded, and the sun ashamed, when the LORD of hosts shall reign in mount Zion, and in Jerusalem, and before his ancients gloriously.

2 TIMOTHY 3:1
1 This know also, that in the last days perilous (DANGEROUS) times shall come.

JOEL 2:3,30
3 A fire devoureth before them; and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.

ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.(1/2-3 BILLION DIE IN WW3)

EZEKIEL 20:47
47 And say to the forest of the south, Hear the word of the LORD; Thus saith the Lord GOD; Behold, I will kindle a fire in thee, and it shall devour every green tree in thee, and every dry tree: the flaming flame shall not be quenched, and all faces from the south to the north shall be burned therein.

ZEPHANIAH 1:18
18 Neither their silver nor their gold shall be able to deliver them in the day of the LORD'S wrath; but the whole land shall be devoured by the fire of his jealousy: for he shall make even a speedy riddance of all them that dwell in the land.

MALACHI 4:1
1 For, behold, the day cometh, that shall burn as an oven; and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the LORD of hosts, that it shall leave them neither root nor branch.

REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.

REVELATION 9:18
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.

HALF OF EARTHS POPULATION DIE DURING THE 7 YR TRIBULATION.(THESE VERSES ARE JUDGEMENT SCRIPTURES NOT RAPTURE SCRIPTURES)

LUKE 17:34-37
34 I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left.
35 Two women shall be grinding together; the one shall be taken, and the other left.
36 Two men shall be in the field; the one shall be taken, and the other left.
37 And they answered and said unto him, Where, Lord? And he said unto them, Wheresoever the body is, thither will the eagles be gathered together.(Christians have new bodies,this is the people against Jerusalem during the 7 yr treaty)(Christians bodies are not being eaten by the birds).

MATTHEW 24:37-51
37 But as the days of Noe were, so shall also the coming of the Son of man be.
38 For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark,
39 And knew not until the flood came, and took them all away; so shall also the coming of the Son of man be.
40 Then shall two be in the field; the one shall be taken, and the other left.
41 Two women shall be grinding at the mill; the one shall be taken, and the other left.
42 Watch therefore: for ye know not what hour your Lord doth come.
43 But know this, that if the goodman of the house had known in what watch the thief would come, he would have watched, and would not have suffered his house to be broken up.
44 Therefore be ye also ready: for in such an hour as ye think not the Son of man cometh.
45 Who then is a faithful and wise servant, whom his lord hath made ruler over his household, to give them meat in due season?
46 Blessed is that servant, whom his lord when he cometh shall find so doing.
47 Verily I say unto you, That he shall make him ruler over all his goods.
48 But and if that evil servant shall say in his heart, My lord delayeth his coming;
49 And shall begin to smite his fellowservants, and to eat and drink with the drunken;
50 The lord of that servant shall come in a day when he looketh not for him, and in an hour that he is not aware of,
51 And shall cut him asunder, and appoint him his portion with the hypocrites: there shall be weeping and gnashing of teeth.

Iran MP: Nuclear plant's launch delayed again
AP By NASSER KARIMI - Associated Press | AP – AUG 8,11

TEHRAN, Iran (AP) — An Iranian lawmaker said the country's first nuclear power plant will not start up by late August as planned and blamed the delay on Russia, which is building the facility, local media reported Monday.The disclosure by Asgar Jalalian, a member of a special parliamentary committee on the Bushehr nuclear plant, reflects the continued the difficulties Iran has faced in moving forward with its controversial nuclear program.The 1,000 megawatt plant being built in the southern port city of Bushehr has experienced repeated delays that come on top of the unyielding pressure Tehran faces from the United States and its allies, who are convinced the program is aimed at developing nuclear weapons. Iran says its program is for peaceful uses like power generation.The plant is being built by Russia's Rosatom, and was to be finished by 1999, four years after construction of the $1 billion facility began.Jalalian, in comments carried by the reformist daily Aftab, blamed the his country's Russian partner for the latest delays. He said the committee on which he serves has determined that the late August start-up deadline will be missed and that they had handed over a report dealing with the issue to the parliament.

We believe the Russians are not being honest ... about the plant, Jalalian said. He urged Iranian officials to clarify the terms of the deal through transparent and firm talks, without any buts or ifs.Jalalian said Iran had already paid at least twice more than the planned construction costs on the project, and additional funds are being demanded.The contracts with the Russians have no clear financial ceiling, timetable and end date, he said, also claiming that the Russian partner had reneged on a promise to transfer technology to Iran, as promised in the deal.Rosatom spokesman Sergei Novikov said the company had no comment.It was unclear when the full parliament would review the committee's report on the delay or what steps they might take. But the report is the first issued at such a high level to be circulated among Iranian officials.The Bushehr project dates back to 1974, when Iran's U.S.-backed Shah Mohammed Reza Pahlavi contracted with the German company Siemens to build the reactor. The company withdrew from the project after the 1979 Islamic Revolution brought hard-line clerics to power.In 1992, Iran signed a $1 billion deal with Russia to complete the project and work began in 1995. Since then, the project has been beset by problems linked to construction and supply glitches.Iranian officials have acknowledged that a malicious computer worm infected laptops belonging to Bushehr employees last year, but denied that the Stuxnet worm had affected the facility. Tehran later blamed the U.S. and Israel of being behind the malicious software, saying it was part of a covert plan by Iran's enemies to sabotage its nuclear program which it claims is intended for peaceful purposes only.

Western nations have imposed sanctions on Iran over its uranium enrichment program, targeting in particular

Russia had already delivered 90 tons (82 metric tons) of fuel for the reactor in eight shipments in 2007 and 2008. That amount is enough for a one-year of operations in Bushehr's light-water reactor.But in February, Russia ordered that fuel be removed because of concerns that metal particles might be contaminating fuel assemblies. Reloading began in April.The delays at Bushehr have hurt relations with Moscow and prompted Iranian officials to describe Russia as an unreliable partner.