NATO-EU READY TO TAKE LIBYA

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 22,2011

09:30 AM +2.43
10:00 AM +138.70
10:30 AM +155.55
11:00 AM +86.84
11:30 AM +72.25
12:00 PM +18.01
12:30 PM +67.28
01:00 PM +100.70
01:30 PM +106.07
02:00 PM +78.78
02:30 PM +76.16
03:00 PM +47.45
03:30 PM +81.71
04:00 PM +37.00 10,854.65

S&P 500 1123.82 +0.29

NASDAQ 2345.38 +3.54

GOLD 1,897.10 +45.50

OIL 84.12 +1.86

TSE 300 12,068.40 +60.90

CDNX 1786.76 +1.92

S&P/TSX/60 686.71 +2.59

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +173 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +203 points at high today so far.
GOLD opens at $1,873.10.OIL opens at $84.07 today.

AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +203 points at high today so far.

WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +203 points at high today.

GOLD ALLTIME HIGH $1,897.10 (NOT AT CLOSE)

FEMA CAMPS IN AMERICA
http://www.youtube.com/watch?v=X2leymFpeoQ&feature=player_embedded
http://www.youtube.com/watch?feature=player_embedded&v=3r_DtmP7d3s
http://www.youtube.com/watch?v=WbF9w85lD3Q&feature=player_embedded
http://www.youtube.com/watch?v=IEctkYyFzMw&feature=player_embedded
http://www.youtube.com/watch?v=lrhD_f48xoQ&feature=player_embedded
http://www.youtube.com/watch?feature=player_embedded&v=ohSuTcoL7Y4

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.

Syrian leader rejects US and EU calls for resignation
Today AUG 22,11 @ 09:46 By EUobserver

Syrian President Bashar Assad has dismissed calls from the international community that he step down. In a 40 minute interview on state television on Sunday President Assad warned foreign governments against interfering in Syrian affairs and said he makes no apology for the crackdown on protestors in the six-month-long uprising.

EU officials: Fall of Tripoli gives new life to Arab Spring Today AUG 22,11 @ 12:19 By Andrew Rettman

EU Council chief Van Rompuy and commission head Barroso in a statement on Monday said the fall of Tripoli to rebel hands should give fresh momentum to the Arab Spring amid ongoing conflicts in Israel, Syria and Yemen. The EU will keep supporting post-Gaddafi Libya, they added.

Former MK Hanegbi: Launch a Military Operation in Gaza-Tzachi Hanegbi says Israel should destroy the Iranian kingdom in southern Israel.by Elad Benari Published: 22/08/11, 2:08 AM
http://www.youtube.com/watch?v=sD3hqeog0KE&feature=player_embedded
http://www.youtube.com/watch?v=mmFmIVFpHQo&feature=related

Tzachi Hanegbi, a former MK who served as chairman of the Knesset’s Foreign Affairs and Defense Committee, called the Israeli government on Sunday to launch a large military operation in Gaza.Israel must destroy the Iranian kingdom in southern Israel. If it does not happen now it will happen in another month or two, Hanegbi told Channel 2 News on Sunday.Hanegbi, who opposed the 2005 disengagement plan from Gush Katif, said already in 2006 with the outbreak of the Second Lebanon War that the disengagement was a mistake.The Gaza disengagement was a mistake, it was interpreted as a weakness and this weakness invited an attack on Gaza and the northern border, he said back then.In a separate interview he gave to Voice of Israel radio on Sunday, Hanegbi said that there was hope that the Palestinians would grow and develop dialogue with us, but that hope was dashed. He added that the disengagement did not contribute to security and did nothing for peace.Hanegbi was a long time member of the Likud party but left in 2005 to join then-Prime Minister Ariel Sharon, who left the Likud and formed the Kadima party.My heart told me to stay in the same place where I grew up,he said then, but my logic told me to join the historical political move of the Prime Minister. My policy positions have been in continuous movement over the years.

Hanegbi was forced to resign from the Knesset last year, after the Jerusalem Magistrates’ Court ruled that in perjuring himself before the court he committed an act that constitutes moral turpitude.He had been charged with corruptly assisting in the appointment of more than 50 Likud Central Committee members and their relatives to various positions in the Ministry of Environmental Protection during the two years in which he was the minister in charge of that office. He was acquitted of these charges but found guilty of perjury committed during the trial.Hanegbi’s mother is Geula Cohen, who also served for many years as an MK for Likud and for several years was a member of the Tehiya political party, a right-wing party strongly affiliated with the Gush Emunim movement and which included prominent members of Israeli communities in Judea, Samaria, and Gaza such as Rabbi Hanan Porat and attorney Elyakim Haetzni.Cohen later re-joined Likud and while she is no longer in the Knesset, she remains active in right-wing politics. Like her son, she voiced her opposition to the disengagement plan.

Hamas Breaks Its Ceasefire 14 Times in 24 Hours-Hamas breaks its declared ceasefire 14 tines in 24 hours. Israel says the truce is one-sided and IDF continues to stop missile launches.by Tzvi Ben Gedalyahu Published: 22/08/11, 12:06 PM

Hamas has repeated its past performance of declaring a ceasefire and immediately breaking it, firing more than a dozen more rockets and mortar shells on southern Israel Sunday night and Monday morning.One rocket in the pre-dawn hours hit a building in the Eshkol region, adjacent to Gaza, causing damage but no injuries.The Israeli Security Cabinet Monday morning stated that the ceasefire is one-sided and that the IDF will continue to attack to stop missile launches. It added that Israel will respond to any more rocket and mortar shell attacks with pinpoint retaliation.

The government decision precludes a full-scale ground operation into Gaza, which the opposition Kadima party has demanded.Hamas declared the truce would go into effect Sunday night after the worst round of terrorism against Israel since the counterterrorist Operation Cast Lead campaign in the winter of 2008-2009.Hamas is trying to draw Israel into fighting in [Gaza] to weaken its [Israel’s] power in the international arena in preparation for the Palestinian statehood decree in September, a senior diplomat told Army Radio. This way Hamas will be seen as leading the way for the establishment of a Palestinian state.He said that Hamas wants an escalation despite its ceasefire announcement. The ensuing missile attacks on Israel Sunday night and Monday morning may have been an attempt to draw into an escalation.
If so, it did not work.A large-scale military operation in Gaza, one month before the United Nations discusses the Arab League petition to recognize the Palestinian Authority as in independent country, could play into PA Chairman Mahmoud Abbas’s hands as a propaganda tool against Israel.

Israel and Hamas agree Gaza truce: officials
Reuters By Nidal al-Mughrabi – Mon Aug 22, 8:27 am ET

GAZA (Reuters) – Israel and the Islamist group Hamas, which controls the Gaza Strip, have agreed to a ceasefire after five days of cross-border violence, officials said on Monday.One official who was involved in mediating talks between Israel and Palestinian factions in Gaza said the groups had reached an understanding on a truce and that the truce has started.A Palestinian official said Hamas had agreed to ensure the recognition of the ceasefire by smaller militant groups which were responsible for most of the rockets fired at Israel in the latest surge in violence.

The Israeli security cabinet met earlier Monday and decided the military would cease its strikes in the Gaza Strip if militants there halted attacks on Israel, according to an Israeli official.The fighting also sparked a diplomatic row between Israel and Egypt after five Egyptian security officers were killed as Israeli troops along the border pursued gunmen who had carried out a series of deadly attacks in Israel.Like similar arrangements in the past, the truce is not a formal agreement, but consists of each side saying it would halt hostilities if the other side did the same.Eight Israelis -- six civilians and two soldiers -- were killed Thursday when the gunmen crossed into southern Israel and opened fire on a number of vehicles on a quiet desert road. At least seven of the attackers were killed, Israel said.A total of 15 Palestinians, including five civilians, and one Israeli were killed in the subsequent cross-border air strikes and rocket attacks.Israel blamed the Popular Resistance Committees (PRC) in Gaza for the attack and killed two of its leaders and three of its militants in an air strike shortly afterwards.But it said the gunmen had entered Israel from the Sinai desert and raised doubts as to whether Egypt was able to maintain control in the border area.Egypt's cabinet, facing growing pressure for a tough response to the killing of the five Egyptian security personnel, was due Monday to discuss the growing lawlessness along the border.The PRC, whose members fired many of the rockets launched over the past few days, agreed to temporarily halt firing rockets to preserve the interest of our people, but said it remained dedicated to the goal of Israel's destruction.Israeli leaders, looking to lower tensions, have expressed regret over the Egyptian deaths and reiterated that Egypt is an important and strategic ally.They have also said they want to avoid further escalations in violence with the Palestinians, which analysts said could hurt Israel ahead of a Palestinian statehood bid next month in the United Nations.(Editing by Tim Pearce)

Assad: Obama Is The One Who Should Resign-Syrian President Bashar Assad calls in interview on Syrian state television on President Barack Obama to resign for supporting Israel.by Elad Benari Published: 22/08/11, 12:18 AM

Syrian President Bashar Assad took advantage of the interview he gave to Syrian state television on Sunday and responded to U.S. President Barack Obama’s call for him to resign by saying Obama is the one who should resign.Assad said in the interview that the U.S. stands alongside Israel who commits crimes against Arabs and Palestinians.What the West says does not interest us, Assad said.If we understand that these countries support the crimes of Israelis against the Palestinians, then we understand what this is all about.The Associated Press reported that in the interview, Assad also said he expected a parliamentary election to be held in Syria in February of 2012, along with a series of reforms that would let political groups other than his Baath party to participate.According to the report, Assad also warned against Libya-style military intervention in his country, saying there will be repercussions to any country interfering in Syria’s affairs.Earlier it was reported that Assad said in the interview the opposition in Syria has become 'more militant' in recent weeks, blithely adding he is not worried.As for the security situation, [it] has become more militant in the recent weeks and specially last Friday. We are capable of dealing with it. [I] am not worried,he was quoted as saying.Last Friday gunmen loyal to Assad killed fourteen protesters in the seminal protest-city of Dara'a when demonstrations were staged there after Friday's weekly afternoon Muslim prayers. The slayings came one day after Assad promised United Nations Secretary General Ban Ki-moon operations against civilians were over.Sunday's TV interview was Assad's fourth public appearance since the revolt against his family's 40-year rule erupted in mid-March, but this is the first time he has agreed to take questions - albeit from the state-owned network.

Op-Ed: Iran and Syria Orchestrated Attacks on Southern Israel Published: 21/08/11, 4:13 PM

The terrorist attacks in southern Israel on Thursday August 18/11 need to be seen as Syrian and Iranian criminal and war acts. Both countries' leadership must be held accountable for all the human losses and damages.Elias Bejjani, human rights activist, journalist and political commentator, is spokesman for the Canadian Lebanese Human Rights Federation (CLHRF) and Media Chairman for the Canadian Lebanese Coordinating Council (LCCC).

It is well known to all Middle East analysts and specialists as well as to Western and Arab countries that the majority of the terrorist and jihadist organizations all over the world, including al-Qaeda, Hizbullah, and Hamas, are mere military tools and proxies that are found, financed, used, sponsored and fully controlled by rogue and dictatorial regimes, especially the two notorious regimes of Syria and Iran.In this context, the bloody terrorist attacks that took place in southern Israel on Thursday August 18/11 need to be dealt with as mere Syrian and Iranian criminal and war acts. Accordingly, both countries' leadership must be held fully accountable for all the human losses and damages.Lebanese Shiite Hezbollah experts may have aided the terrorists in setting up the complex operation.The Syrian regime intended the attacks to detract the Arabic and global political pressures that President al-Assad is facing because of his ongoing criminal atrocities against the peaceful Syrian public uprising that has been escalating for the last five months and is seriously threatening to topple his regime.In the same realm, Iran, which also is encountering immense internal and worldwide setbacks and problems did not dare to ask its militant proxy in Lebanon, Hizbullah, to attack Israel as al-Assad has been requesting because of the very serious Israeli warnings. Israel has made it very clear that her army will respond with extreme military harshness to any stupid Hizbullah attacks and stressed the fact that its response will include Syria itself.

Meanwhile, putting an end to such crimes necessitates a solid, united and crystal clear worldwide approach towards both the Syrian and Iranian axis of evil regimes. Sadly, the Western countries and all the Arab states are still indecisive on this matter, especially the Obama administration that against all odds is still appeasing and cajoling the criminal rulers of both countries.It took President Obama five months to finally call on Syria's Dictator Bashar al-Assad to step down, but at the same time stressing the fact that his administration.In 1983, Syrian and Iranian terrorist proxies were responsible for bloody attacks against the American embassy.
doesn’t have the means to force al-Assad to do so.One cannot rationally dissociate Syria and Iran from terrorism all over the world. Both countries provide a safe haven for a myriad of terrorist organizations, (Hizbullah, Hamas and many others), direct their operations, and use Hezbollah's and the Palestinians' ministates in Lebanon as their main field of recruiting, training and operations.Like the Mafia which uses money, crime, fear, intimidation, and violence as instruments of pressure to buy silence from otherwise good and honorable people, the Syrian and Iranian regimes use their proxy terrorist organizations as instruments of pressure on their neighboring countries and as bargaining tools in their foreign policy strategies that have earned them a no questions asked attitude from the Free World with regard to their bloody interference in Lebanon, Iraq, Afghanistan, Gaza, the West Bank, Egypt, Kuwait, Yemen, South America and many other countries.In 1983, Syrian and Iranian terrorist proxies were responsible for bloody attacks against the American embassy, marine compound and French troops in Lebanon costing hundreds of Lebanese, French and American lives.The Lebanese Canadian Coordinating Council (LCCC) without any reservations fully shares, adopts and supports the Canadian government's official stance and statement that addressed the terrorist attacks on southern Israel.

Foreign Affairs Minister John Baird's statement of condemnation stated: Canada condemns in the strongest terms the terrorist attacks in southern Israel today. These cowardly attacks, particularly on civilian targets, are abhorrent and criminal. On behalf of all Canadians, I send my heartfelt condolences to those affected by today’s vicious attacks. Israel has a right to defend itself against such terrorist acts in conformity with international humanitarian law. Those responsible for these horrific attacks must be held accountable.In conclusion, not even one country in the world is safe from terrorism and its debilitating cancer. This solid reality must motivate all countries to take an active role in the global fight against terrorism and help the Lebanese people to liberate their country that is occupied by the terrorist Iran- Syrian Hizbullah militia.

NATO Hands Terrorists Who Killed U.S. Troops Control of Libya-Al-Qaeda gets new home as rebels seize Tripoli Paul Joseph Watson Infowars.com Monday, August 22, 2011

While U.S. troops are dying in Afghanistan and Iraq in the supposed fight against terrorists, those same terrorists are now being handed control of an entire country, along with its lucrative resources, as a massive NATO bombardment of Tripoli aids the Al-Qaeda backed rebels in their overthrow of Colonel Gaddafi.
[Libya]Al-Qaeda-backed rebels have now seized most of Tripoli, with pockets of forces loyal to Gaddafi still offering resistance as the Libyan leader vows he will be with you until the end. Gaddafi’s sons were seized by rebels while Gaddafi himself has gone into hiding outside the city.The United States formally recognized the rebel council as the country’s legitimate government last month, despite the fact that the rebel army was admittedly spearheaded by Al-Qaeda terrorists who are supposedly the target of a multi-decade war on terror that is now in its tenth year and has cost the U.S. a staggering $5.4 trillion since 9/11.Shortly after the start of the conflict in March, Abdel-Hakim al-Hasidi, the leader of the anti-Gaddafi rebel army,admitted that the rebel ranks include Al-Qaeda terrorists who have killed U.S. troops in Iraq and Afghanistan.Al-Hasidi described the fighters as patriots and good Muslims, not terrorists,adding that members of al-Qaeda are also good Muslims and are fighting against the invader.The Telegraph confirmed that Al-Qaeda fighters had joined with anti-Gaddafi rebels in a story entitled, Libya: the West and al-Qaeda on the same side, in which Richard Spencer wrote how, WikiLeaks cables, independent analysts and reporters have all identified supporters of Islamist causes among the opposition to Col Gaddafi’s regime, particularly in the towns of Benghazi and Dernah.Although NATO and the U.S. admitted that flickers of Al-Qaeda members had infiltrated rebel ranks, in reality, they were leading the anti-Gaddafi forces in several areas of the country. As the Wall Street Journal reported in a piece entitled, Ex-Mujahedeen Help Lead Libyan Rebels, Al-Qaeda terrorists who worked directly for Bin Laden were tasked with recruiting, training and acting as front line field commanders for the rebel army.

Abdel Hakim al-Hasady, an influential Islamic preacher and high-school teacher who spent five years at a training camp in eastern Afghanistan, oversees the recruitment, training and deployment of about 300 rebel fighters from Darna.Mr. Hasady’s field commander on the front lines is Salah al-Barrani, a former fighter from the Libyan Islamic Fighting Group, or LIFG, which was formed in the 1990s by Libyan mujahedeen returning home after helping to drive the Soviets from Afghanistan and dedicated to ousting Mr. Gadhafi from power.Sufyan Ben Qumu, a Libyan army veteran who worked for Osama bin Laden’s holding company in Sudan and later for an al Qaeda-linked charity in Afghanistan, is training many of the city’s rebel recruits.Former jihadist Noman Benotman, who renounced his al Qaeda affiliation in 2000, said in an interview with the Washington Times that he estimates 1,000 jihadists are in Libya.Referring to the fighters as freelance jihadists, Benotman said that the men were part of a North African terror cell known as Al Qaeda in the Islamic Mahgreb (AQIM), and have completely infiltrated the rebel army.A 2007 West Point report indicated that the Benghazi-Darnah-Tobruk area of Libya is a world capital for Al-Qaeda or mujahideen suicide bomber recruitment. Author Webster Tarpley details this intelligence in his excellent analysis piece, The CIA’s Libya Rebels: The Same Terrorists who Killed US, NATO Troops in Iraq.Western intelligence agencies have also utilized their links with Libyan Al-Qaeda cells to target Gaddafi in recent history.In 2002, French intelligence experts revealed how western intelligence agencies bankrolled a Libyan Al-Qaeda cellcontrolled directly by Osama Bin Laden to hatch a plot to kill Gaddafi that was foiled in March 1996. The cell was led by Anas al-Liby, who was with Bin Laden in Sudan before Bin Laden returned to Afghanistan.

Indeed, it was Gaddafi’s Libya who put out the first Interpol warrant for Bin Laden’s arrest in 1998. Western intelligence agencies blocked the warrant from being pursued, allowing Bin Laden and Al-Qaeda to go on and kill more than 200 people in the truck bombings of US embassies in Kenya and Tanzania.Some of the very rebels now being funded, trained, and given embassies by Britain and the U.S. were part of the Al-Qaeda cell that tried to kill Gaddafi on behalf of the United States and Britain 15 years ago.As a result of the United States’ and NATO’s alliance with Al-Qaeda terrorists, Muslim extremists will now be given a free hand to take control of Libya and handed a sizeable portion of the country’s oil and gold wealth to entrench their dominance and ensure all remnants of the Gaddafi regime are swept away.Even the establishment media has now been forced to acknowledge that Gaddafi’s absence will create a vacuum in Libya ready and waiting for Al-Qaeda militants to fill the void. ABC’s Good Morning America quizzed Assistant Secretary of State Jeffrey Feltman on whether developments would allow Al-Qaeda to gain a foothold in the country, a question he was unable to answer.What is almost certain is that the relatively high living standards of Libyans living in cities like Tripoli will now be eviscerated as NATO powers allow the country to be subsumed by radical extremists as the region itself becomes little more than an outpost for the next geopolitical conquest by globalist forces.

Iran starts moving uranium centrifuges to bunker
Reuters By Mitra Amiri – AUG 22,11

TEHRAN (Reuters) – Iran has begun moving machines that enrich uranium to an underground bunker near the holy city of Qom, a senior official said, a move likely to fan Western fears of an Iranian advance toward nuclear weapons capability.His announcement was a further sign of the Islamic state's determination to press ahead with enrichment in defiance of international demands that it desist from such activity, which Tehran says will be for peaceful applications only.Transferring Natanz centrifuges to Fordow (near Qom) is under way with full observance of standards, Fereydoun Abbasi-Davani told state broadcaster IRIB.Fordow's facilities are being prepared and some centrifuges have been transferred.Iran announced in June that it would shift its production of higher-grade uranium from its main enrichment complex in the central city of Natanz to the subterranean site at Fordow.Iran, the world's No. 5 oil exporter, denies Western accusations it is seeking to develop nuclear bombs, saying its enrichment program is meant solely to provide an alternative source of electricity or isotopes for medicine and agriculture.Iran only disclosed the existence of Fordow to the U.N. nuclear watchdog in September 2009 after learning that Western intelligence agencies had detected the mountain site.

Moving enrichment activity to the underground bunker could offer greater protection against any attacks by Israel or the United States, which have both said they do not rule out pre-emptive strikes to stop Iran getting nuclear weapons.In Vienna, a senior Western diplomat criticized Iran's move.The announcement calls attention to Iran's continuing refusal to abide by its international obligations, including the U.N. Security Council's prohibition against Iran installing or operating any centrifuges, the diplomat said.Iran's provocative behavior reinforces the need to fully implement international sanctions against Iran.

IAEA TALKS

The Islamic Republic also said in June that it aimed to triple its capacity to enrich uranium to a higher grade -- 20 percent fissile purity -- which it says will be used to replenish the fuel stock for a medical research reactor.Western officials and analysts say that by producing 20 percent enriched material Iran has taken a significant step closer to the 90 percent threshold suitable for atom bombs.The United Nations' International Atomic Energy Agency (IAEA) declined Monday to comment on Abbasi's statement.In an interview with Reuters Friday, IAEA Director General Yukiya Amano said that moving centrifuges to Qom and increasing enrichment capacity was a further deviation from several Security Council resolutions, which demand that Iran suspend all enrichment-related activities to foster serious negotiations on a peaceful solution to the dispute.Amano said the IAEA was in talks with Iran on how its inspectors would effectively monitor activities at Fordow.What we are doing is that we are monitoring and we are negotiating the new safeguard approach to verify the activities, he said.Last week Russia began a fresh diplomatic campaign to re-engage Iran in nuclear talks with world powers that stalled in January over Iran's insistence on its right to enrich uranium despite U.N. resolutions calling on it to stop.(Additional reporting by Fredrik Dahl in Vienna; Writing by Robin Pomeroy; Editing by Mark Heinrich)

EUROPEAN UNION ARMY
http://www.youtube.com/watch?v=ytWmPqY8TE0&feature=player_embedded

DANIEL 7:23-25
23 Thus he said, The fourth beast (EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADING BLOCKS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS) that shall arise: and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.( BE HEAD OF 3 NATIONS)
25 And he (EU PRESIDENT) shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.(3 1/2 YRS)

DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.

DANIEL 11:36-39
36 And the king (EU DICTATOR) shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS JEWISH) nor the desire of women, nor regard any god: for he shall magnify himself above all.(CLAIM TO BE GOD)
38 But in his estate shall he honour the God of forces:(WAR) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds with a strange god,(DESTROY TERROR GROUPS) whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.

REVELATION 19:19
19 And I saw the beast,(EU LEADER) and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse,(JESUS) and against his army.(THE RAPTURED CHRISTIANS)

Nato and EU prepare for imminent end to Libya conflict Today AUG 22,11 @ 09:28 By Andrew Rettman

Nato and EU leaders have urged Libyan rebels not to take revenge against Gaddafi loyalists after opposition forces swept into Tripoli over the weekend.Rebels on Monday attacked the Bab al-Azizia military compound in Tripoli (bottom left of picture, surrounded by parkland) amid rumours that Gaddafi is in the building (Google Earth)Reports on Monday morning (22 August) said Colonel Gaddafi is still in Tripoli but has lost control of 80 percent of the city after rebel fighters reached the heart of the capital on Sunday.A rebel spokesman, Fathi Baja, told Associated Press the Tripoli operation started on Thursday when Nato intensified bombing against Gaddafi targets. Sleeper cells in the capital armed by rebel smugglers launched strikes on Saturday. The main rebel forces covered a 20-kilometre stretch to Tripoli in a matter of hours on Sunday with Gaddafi soldiers surrendering en route. They later captured two of his sons - Saif Islam and Mohammed - and began to celebrate in Tripoli's central Green Square.Nato secretary general Anders Fogh Rasmussen in a statement on Sunday said the Gaddafi regime is clearly crumbling and urged rebels to show restraint for the sake of Libya's future stability.Nato is ready to work with the Libyan people and with [the rebel's political wing] the Transitional National Council [TNC] which holds a great responsibility. They must make sure that the transition is smooth and inclusive, that the country stays united, and that the future is founded on reconciliation and respect for human rights.US President Barack Obama made a similar appeal.

Tripoli is slipping from the grasp of a tyrant, he said. Going forward, the United States will continue to stay in close co-ordination with the TNC. We will continue to insist that the basic rights of the Libyan people are respected.French President Nicolas Sarkozy, whose warplanes launched the first Western strikes in Libya five months ago on 19 March, urged Gaddafi to lay down arms and hailed the courage of the TNC fighters and the Libyan people who supported them.British Prime Minister David Cameron cut short his vacation to return for emergency briefings in London. It is clear from the scenes we are witnessing in Tripoli that the end is near,Downing Street said in a written communique.Swedish foreign minister Carl Bildt noted via Twitter: Now Libya needs an orderly transition and the building of a proper democratic state. Huge task. UN and others must help.We have post-Gadaffi planning going on ... We have a number of scenarios that we have worked in terms of our assistance post-Gadaffi,EU foreign relations spokesman Michael Mann told the Reuters news agency.A lone pro-Gaddafi statement came from Venezuelan leader Hugo Chavez, who said European governments ... are destroying Tripoli by bombing schools and hospitals in a massacre designed to seize Libya's oil assets.Chavez' words echoed Gaddafi spokesman Moussa Ibrahim who said on Sunday that Nato is backing armed gangs which have killed over 1,000 people in the capital.The TNC, based in Benghazi, in the east of Libya, has been recognised by several EU member states and by the US as the country's legitimate government, with EU foreign policy chief Catherine Ashton opening a mini-embassy back in May.TNC chairman Mustafa Abdel Jalil, Gaddafi's former justice minister, is considered by analysts as the top candidate to be Libya's first post-war leader. TNC shadow prime minister Mahmoud Jibril and the formerly US-based exile and academic Ali Tarhouni are also in the running.

For his part, Italian foreign minister Franco Frattini tipped Abdel Salam Jalloud, a former Gaddafi insider who fled to Italy, for the job.He certainly has all the characteristics ... He will clarify his position when he believes it opportune. I am convinced that many people will recognise him for an important role in the construction of a new Libya, Frattini said.The events in Tripoli are expected to send ripples across the region amid ongoing violence in Iraq, Israel, Syria and Yemen.I think the most miserable person on earth after Muammar Gaddafi is Syria's Bashar Assad. Gaddafi's fall will not only make the Libyan people happy, but will also inspire the Syrian people, Abdulkhaleq Abdulla, a United-Arab-Emirates-based academic told Reuters.Arabs needed this, they needed another victory - this changes the whole tone in the region after several months of disappointment, Shadi Hamid, from the Washington-based think tank, the Brookings Institution, said.

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

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.

Goderich residents had 12 minutes warning before tornado struck
Paola Loriggio GODERICH, Ont.— The Canadian Press
Published Monday, Aug. 22, 2011 9:24AM EDT
Last updated Monday, Aug. 22, 2011 3:16PM EDT

Residents of a town dubbed the prettiest in Canada returned this morning to homes demolished by the most powerful tornado to hit Ontario in years, dissolving into tears as the depth of the devastation sank in.One woman said residents of the picturesque Lake Huron community of Goderich were in obvious shock and seemed paralyzed as to what to do next.As daylight emerged, Debbie Hakkers, 49, crawled through the wreckage of her bedroom, sifting through the debris to fish out her jewelry box and laptop.She rushed home from a shopping trip to neighbouring Port Huron on Sunday night to find her home torn apart, the roof ripped off and chunks of the walls blown clear across the street.Her husband Gary, who was inside when the tornado struck at about 4 p.m., escaped with only a few scrapes, but the home they shared is in ruins.

It's a total disaster, Ms. Hakkers said, wiping away tears as she surveyed the rubble.It never really hit me until this morning when I got up and came outside and I just cried.At least 37 people were injured and a 61-year-old worker at a salt mine was killed as winds of 300 kilometres per hour raged through the beach and port town of 8,000, ripping the roofs off historic buildings, turning trees into match sticks and tossing cars around like toys.I've only ever seen this in the movies, said Herb Marshall, owner of the Park House Bar and Restaurant who watched the F2- or F3-level twister rise from a hill off the lake and leave nothing in its path.After examining the damage Monday, investigators determined the storm was an F3-level tornado, Environment Canada's Randy Mawson said.This is the worst damage I've ever seen, said Mr. Mawson, who has been investigating storms for 36 years.Winds of roughly 280 km/h carved a path about 500 metres wide through the town's centre, he added.To the south of that and to the north of that, if you go far enough, you'll see no damage occurring, but along that 500-metre path through the downtown core, quite a bit of damage, he said.Police identified the victim as Norman Laberge, 61, of Lucknow, Ont., who was working in a salt mine in the town when the storm hit.

The mayor called the wreckage catastrophic and declared a state of emergency. By early morning, Ontario Premier Dalton McGuinty had already activated its emergency plan for helping communities struck by disasters.Goderich is one of ours, a member of the family, Mr. McGuinty told CKBK radio. It is a gorgeous town. The centre was stuck particularly hard.Mr. McGuinty said the priority was to ensure the safety of the town's people, and then restore power as the longer-term work of rebuilding Goderich begins.We will rebuild Goderich, he said.It will be a pretty town once again.Dave Phillips, senior climatologist at Environment Canada, said residents were warned of the looming tornado at 3:48 p.m. Sunday, 12 minutes before it hit.He said such alerts are routinely issued between 10 and 15 minutes in advance.Too much advance warning could lull people into a false sense of security and result in more fatalities and property damage, he said.If you have too much time, people think, oh well, I still have time to golf or to get out of this swimming hole or drive home or something like that.Tornado warnings are communicated through a variety of channels, including radio and mobile applications. Warnings urge the public to immediately seek shelter, rather than securing their property, he said.People are encouraged to take cover in low-lying areas and make sure their heads and necks are protected, Mr. Phillips said.It's not the wind that will get you, it's the flying debris that will hurt you, Mr. Phillips said.Cassandra Phillips-Grande, 16, was in a coffee shop in the town square when the wind started to pick up.We saw tables and chairs outside of the cafe flying and then saw an SUV roll like a tumbleweed right in front, she said, adding that everyone in the shop moved to the back of the building.About two seconds later we heard this really big crash and the roof collapsed in the spot where we had all been. When we went outside we saw that some apartments had collapsed right in front of the cafe.Sean Carver watched the storm approach from his patio.

The storm was quick, it blew through and it was gone, he said.The so-called scary part is literally only about two minutes, half an instant, and then the winds go back down to about 80 kilometres an hour, but you know you're safe again.He said residents are helping with the clean up.We cleared out the streets ourselves, we just walked out there to get chainsaws and started clearing it, Mr. Carver said. All you hear is chainsaws. There's tractors driving around because you can't drive anywhere.The town actually comes together and everybody starts helping everybody. There's kids walking down the street with hack saws, teenagers just helping anybody that needs help.Goderich is an historically charming town known for its beautiful beachfront, wooden boardwalk and handsome architecture. According to folklore, it was Queen Victoria who dubbed it the prettiest town in Canada, a motto the town does not attribute to her but has nonetheless adopted.

Hurricane Irene heads toward Hispaniola and US
AP By DANICA COTO, Associated Press – AUG 22,11

SAN JUAN, Puerto Rico – Hurricane Irene cut power to more than a million people in Puerto Rico, downing trees and flooding streets on Monday, and forecasters warned it could be a major storm as it threatens Florida and South Carolina by the end of the week.There were no reports of deaths of major injuries in Puerto Rico, but Gov. Luis Fortuno declared a state of emergency and urged people to stay indoors to avoid downed power lines, flooded streets and other hazards.This isn't the time to go out to find out what happened ... This is the time stay in your homes, Fortuno said at a news conference.The first hurricane of the Atlantic storm season posed an immediate threat to the northeastern coast of the Dominican Republic, though the center of the hurricane was expected to miss neighboring Haiti, which shares the island of Hispaniola. Nearly 600,000 Haitians are still homeless due to the January 2010 earthquake and that country could still see heavy rain and tropical-storm-force winds, said Dennis Feltgen, a spokesman for the U.S. National Hurricane Center in Miami.We don't expect to this to get ripped up over the mountains of Hispaniola, Feltgen said. We expect it to remain a hurricane.The U.S. National Hurricane Center projected that Irene could grow into a Category 3 hurricane with winds of 115 mph (184 kph) over the Bahamas on Thursday. And it may carry that force northwest along Florida's Atlantic coast and toward a possible strike on South Carolina, though the forecasters warned that by the weekend, the storm's path could vary significantly from the current projection.A hurricane warning was issued Monday for the Turks and Caicos Islands and the southeastern Bahamas.Authorities in Palm Beach County directed staffers to stop routine operations Monday and switch to storm preparations, including checks on generators and communications equipment.

Hurricane preparations are pretty much the order of the day, said Mike Geier, radiological emergency preparedness planner. We go through a pretty extensive checklist. It's probably three pages long.Officials in Charleston, South Carolina, warned residents to monitor Irene closely. It has been six years since a hurricane hit the South Carolina coast, said Joe Farmer of the state Emergency Management Division.Hurricane Irene centered about 70 miles (115 kilometers) northeast of Punta Cana, Dominican Republic late Monday morning and it was moving toward the west-northwest at 13 mph (20 kph). It had maximum sustained winds of about 80 mph (130 kph), the Hurricane Center reported.In Puerto Rico, crews were out clearing streets and assessing the damage but the governor and other officials gave no indication when power would be restored. Schools, most government offices and many businesses remained closed. Flights were expected to resume at the international airport in San Juan by midmorning.Dozens of people in San Juan sought emergency shelter ahead of Irene and authorities evacuated 150 tourists from the outlying islands of Culebra and Vieques as the storm approached.The storm entered through the southeast coastal town of Humacao, but emergency management regional director Orlando Diaz said the damage seemed to be less than he feared.We thought things were going to be a bit more tragic, he said.I was surprised that we didn't see the amount of rain I expected.Irene had previously churned through St. Croix in the U.S. Virgin Islands, where more than half of the inhabitants are still without power, said Christine Lett, emergency management spokeswoman.

In the Dominican Republic, officials assured residents they had food available for 1.5 million people if needed. Also, soldiers and emergency management crews evacuated dozens of residents from high-risk areas along the southern coast.We have taken all precautions, presidential spokesman Rafael Nunez said.Many stores in the capital of Santo Domingo closed Sunday even as people bought last-minute items like flashlights.The international airport and others remained open late Monday morning, although dozens of flights had been canceled.Irene is expected to lash the northeastern region of the Dominican Republic for up to 15 hours, local meteorologist Miguel Campusano said.In the popular tourist city of Punta Cana, emergency crews prepared for the storm but have not taken any special measures, said Candy Gomez, spokeswoman for the Punta Cana resort.The Hurricane Center said the main impediment to the storm's progress over the next couple of days will be interaction with land. If Irene passes over Hispaniola's mountains or over parts of eastern Cuba, the storm could weaken more than currently expected.However, if the system ends up moving to the north of both of those land masses it could strengthen more than expected,wrote forecaster Richard Pasch.Associated Press writers Ben Fox in San Juan, Ezequiel Abiu Lopez in Santo Domingo, Dominican Republic, Kelli Kennedy in Miami and Bruce Smith in Charleston, South Carolina contributed to this report.

Red Cross: 29,000 have lost homes in NKorea floods
AP – Mon Aug 22, 6:52 am ET

GENEVA – The Red Cross says over 29,000 people in North Korea have lost their homes from storms and flooding in the past three months.The International Federation of the Red Cross says it is working to provide emergency food supplies, water and shelter to 7,500 families in the south and southwest of the country.The humanitarian aid group says in some areas half of homes have been destroyed by floods.The Red Cross said Monday the worst-hit area in South Hwanghae Province is considered the bread basket of North Korea.The IFRC's head of delegation in North Korea, Igor Dmitryuk, says the group is trying to find proper shelter for the homeless before the start of North Korea's harsh winter season.

EARTHQUAKES

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

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

Strong quake hits eastern Japan, no tsunami threat
AP - Mon Aug 22, 7:57 am ET

TOKYO – Officials say a strong earthquake has hit near Japan's eastern coast, but there is no danger of a tsunami.Japan's Meteorological Agency says the quake struck Monday evening and registered a preliminary magnitude of 6.0. It was centered off the coast of Ibaraki, about 140 miles (220 kilometers) east of Tokyo, at a depth of 20 miles (30 kilometers).The agency says there is no danger of a tsunami. No injuries or damage have been reported.Some 20,000 people died or were left missing across Japan's northeastern coast after a massive earthquake and tsunami on March 11. The disaster damaged a nuclear power plant, forcing another 100,000 people to leave their homes because of a radiation threat.

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Wall Street Aristocracy Got $1.2 Trillion From Fed
Q By Bradley Keoun and Phil Kuntz - Aug 22, 2011 8:19 AM ET

Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.By 2008, the housing market’s collapse forced those companies to take more than six times as much, $669 billion, in emergency loans from the U.S. Federal Reserve. The loans dwarfed the $160 billion in public bailouts the top 10 got from the U.S. Treasury, yet until now the full amounts have remained secret.Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. The largest borrower, Morgan Stanley (MS), got as much as $107.3 billion, while Citigroup took $99.5 billion and Bank of America $91.4 billion, according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress.These are all whopping numbers, said Robert Litan, a former Justice Department official who in the 1990s served on a commission probing the causes of the savings and loan crisis. You’re talking about the aristocracy of American finance going down the tubes without the federal money.(View the Bloomberg interactive graphic to chart the Fed’s financial bailout.)

Foreign Borrowers

It wasn’t just American finance. Almost half of the Fed’s top 30 borrowers, measured by peak balances, were European firms. They included Edinburgh-based Royal Bank of Scotland Plc, which took $84.5 billion, the most of any non-U.S. lender, and Zurich-based UBS AG (UBSN), which got $77.2 billion. Germany’s Hypo Real Estate Holding AG borrowed $28.7 billion, an average of $21 million for each of its 1,366 employees.The largest borrowers also included Dexia SA (DEXB), Belgium’s biggest bank by assets, and Societe Generale SA, based in Paris, whose bond-insurance prices have surged in the past month as investors speculated that the spreading sovereign debt crisis in Europe might increase their chances of default.The $1.2 trillion peak on Dec. 5, 2008 -- the combined outstanding balance under the seven programs tallied by Bloomberg -- was almost three times the size of the U.S. federal budget deficit that year and more than the total earnings of all federally insured banks in the U.S. for the decade through 2010, according to data compiled by Bloomberg.

Peak Balance

The balance was more than 25 times the Fed’s pre-crisis lending peak of $46 billion on Sept. 12, 2001, the day after terrorists attacked the World Trade Center in New York and the Pentagon. Denominated in $1 bills, the $1.2 trillion would fill 539 Olympic-size swimming pools.The Fed has said it had no credit losses on any of the emergency programs, and a report by Federal Reserve Bank of New York staffers in February said the central bank netted $13 billion in interest and fee income from the programs from August 2007 through December 2009.We designed our broad-based emergency programs to both effectively stem the crisis and minimize the financial risks to the U.S. taxpayer, said James Clouse, deputy director of the Fed’s division of monetary affairs in Washington. Nearly all of our emergency-lending programs have been closed. We have incurred no losses and expect no losses.While the 18-month U.S. recession that ended in June 2009 after a 5.1 percent contraction in gross domestic product was nowhere near the four-year, 27 percent decline between August 1929 and March 1933, banks and the economy remain stressed.

Odds of Recession

The odds of another recession have climbed during the past six months, according to five of nine economists on the Business Cycle Dating Committee of the National Bureau of Economic Research, an academic panel that dates recessions.Bank of America’s bond-insurance prices last week surged to a rate of $342,040 a year for coverage on $10 million of debt, above where Lehman Brothers Holdings Inc. (LEHMQ)’s bond insurance was priced at the start of the week before the firm collapsed. Citigroup’s shares are trading below the split-adjusted price of $28 that they hit on the day the bank’s Fed loans peaked in January 2009. The U.S. unemployment rate was at 9.1 percent in July, compared with 4.7 percent in November 2007, before the recession began.Homeowners are more than 30 days past due on their mortgage payments on 4.38 million properties in the U.S., and 2.16 million more properties are in foreclosure, representing a combined $1.27 trillion of unpaid principal, estimates Jacksonville, Florida-based Lender Processing Services Inc.

Liquidity Requirements

Why in hell does the Federal Reserve seem to be able to find the way to help these entities that are gigantic? U.S. Representative Walter B. Jones, a Republican from North Carolina, said at a June 1 congressional hearing in Washington on Fed lending disclosure. They get help when the average businessperson down in eastern North Carolina, and probably across America, they can’t even go to a bank they’ve been banking with for 15 or 20 years and get a loan.The sheer size of the Fed loans bolsters the case for minimum liquidity requirements that global regulators last year agreed to impose on banks for the first time, said Litan, now a vice president at the Kansas City, Missouri-based Kauffman Foundation, which supports entrepreneurship research. Liquidity refers to the daily funds a bank needs to operate, including cash to cover depositor withdrawals.The rules, which mandate that banks keep enough cash and easily liquidated assets on hand to survive a 30-day crisis, don’t take effect until 2015. Another proposed requirement for lenders to keep stable funding for a one-year horizon was postponed until at least 2018 after banks showed they’d have to raise as much as $6 trillion in new long-term debt to comply.

Stark Illustration

Regulators are not going to go far enough to prevent this from happening again, said Kenneth Rogoff, a former chief economist at the International Monetary Fund and now an economics professor at Harvard University.Reforms undertaken since the crisis might not insulate U.S. markets and financial institutions from the sovereign budget and debt crises facing Greece, Ireland and Portugal, according to the U.S. Financial Stability Oversight Council, a 10-member body created by the Dodd-Frank Act and led by Treasury Secretary Timothy Geithner.The recent financial crisis provides a stark illustration of how quickly confidence can erode and financial contagion can spread, the council said in its July 26 report.

21,000 Transactions

Any new rescues by the U.S. central bank would be governed by transparency laws adopted in 2010 that require the Fed to disclose borrowers after two years.Fed officials argued for more than two years that releasing the identities of borrowers and the terms of their loans would stigmatize banks, damaging stock prices or leading to depositor runs. A group of the biggest commercial banks last year asked the U.S. Supreme Court to keep at least some Fed borrowings secret. In March, the high court declined to hear that appeal, and the central bank made an unprecedented release of records.Data gleaned from 29,346 pages of documents obtained under the Freedom of Information Act and from other Fed databases of more than 21,000 transactions make clear for the first time how deeply the world’s largest banks depended on the U.S. central bank to stave off cash shortfalls. Even as the firms asserted in news releases or earnings calls that they had ample cash, they drew Fed funding in secret, avoiding the stigma of weakness.

Morgan Stanley Borrowing

Two weeks after Lehman’s bankruptcy in September 2008, Morgan Stanley countered concerns that it might be next to go by announcing it had strong capital and liquidity positions. The statement, in a Sept. 29, 2008, press release about a $9 billion investment from Tokyo-based Mitsubishi UFJ Financial Group Inc., said nothing about Morgan Stanley’s Fed loans.That was the same day as the firm’s $107.3 billion peak in borrowing from the central bank, which was the source of almost all of Morgan Stanley’s available cash, according to the lending data and documents released more than two years later by the Financial Crisis Inquiry Commission. The amount was almost three times the company’s total profits over the past decade, data compiled by Bloomberg show.Mark Lake, a spokesman for New York-based Morgan Stanley, said the crisis caused the industry to fundamentally re- evaluate the way it manages its cash.We have taken the lessons we learned from that period and applied them to our liquidity-management program to protect both our franchise and our clients going forward, Lake said. He declined to say what changes the bank had made.

Acceptable Collateral

In most cases, the Fed demanded collateral for its loans -- Treasuries or corporate bonds and mortgage bonds that could be seized and sold if the money wasn’t repaid. That meant the central bank’s main risk was that collateral pledged by banks that collapsed would be worth less than the amount borrowed.As the crisis deepened, the Fed relaxed its standards for acceptable collateral. Typically, the central bank accepts only bonds with the highest credit grades, such as U.S. Treasuries. By late 2008, it was accepting junk bonds, those rated below investment grade. It even took stocks, which are first to get wiped out in a liquidation.Morgan Stanley borrowed $61.3 billion from one Fed program in September 2008, pledging a total of $66.5 billion of collateral, according to Fed documents. Securities pledged included $21.5 billion of stocks, $6.68 billion of bonds with a junk credit rating and $19.5 billion of assets with an unknown rating, according to the documents. About 25 percent of the collateral was foreign-denominated.

Willingness to Lend

What you’re looking at is a willingness to lend against just about anything, said Robert Eisenbeis, a former research director at the Federal Reserve Bank of Atlanta and now chief monetary economist in Atlanta for Sarasota, Florida-based Cumberland Advisors Inc.The lack of private-market alternatives for lending shows how skeptical trading partners and depositors were about the value of the banks’ capital and collateral, Eisenbeis said.The markets were just plain shut, said Tanya Azarchs, former head of bank research at Standard & Poor’s and now an independent consultant in Briarcliff Manor, New York.If you needed liquidity, there was only one place to go.Even banks that survived the crisis without government capital injections tapped the Fed through programs that promised confidentiality. London-based Barclays Plc (BARC) borrowed $64.9 billion and Frankfurt-based Deutsche Bank AG (DBK) got $66 billion. Sarah MacDonald, a spokeswoman for Barclays, and John Gallagher, a spokesman for Deutsche Bank, declined to comment.

Below-Market Rates

While the Fed’s last-resort lending programs generally charge above-market interest rates to deter routine borrowing, that practice sometimes flipped during the crisis. On Oct. 20, 2008, for example, the central bank agreed to make $113.3 billion of 28-day loans through its Term Auction Facility at a rate of 1.1 percent, according to a press release at the time.The rate was less than a third of the 3.8 percent that banks were charging each other to make one-month loans on that day. Bank of America and Wachovia Corp. each got $15 billion of the 1.1 percent TAF loans, followed by Royal Bank of Scotland’s RBS Citizens NA unit with $10 billion, Fed data show.JPMorgan Chase & Co. (JPM), the New York-based lender that touted its fortress balance sheet at least 16 times in press releases and conference calls from October 2007 through February 2010, took as much as $48 billion in February 2009 from TAF. The facility, set up in December 2007, was a temporary alternative to the discount window, the central bank’s 97-year-old primary lending program to help banks in a cash squeeze.

Larger Than TARP

Goldman Sachs Group Inc. (GS), which in 2007 was the most profitable securities firm in Wall Street history, borrowed $69 billion from the Fed on Dec. 31, 2008. Among the programs New York-based Goldman Sachs tapped after the Lehman bankruptcy was the Primary Dealer Credit Facility, or PDCF, designed to lend money to brokerage firms ineligible for the Fed’s bank-lending programs.Michael Duvally, a spokesman for Goldman Sachs, declined to comment.The Fed’s liquidity lifelines may increase the chances that banks engage in excessive risk-taking with borrowed money, Rogoff said. Such a phenomenon, known as moral hazard, occurs if banks assume the Fed will be there when they need it, he said. The size of bank borrowings certainly shows the Fed bailout was in many ways much larger than TARP, Rogoff said.TARP is the Treasury Department’s Troubled Asset Relief Program, a $700 billion bank-bailout fund that provided capital injections of $45 billion each to Citigroup and Bank of America, and $10 billion to Morgan Stanley. Because most of the Treasury’s investments were made in the form of preferred stock, they were considered riskier than the Fed’s loans, a type of senior debt.

Dodd-Frank Requirement

In December, in response to the Dodd-Frank Act, the Fed released 18 databases detailing its temporary emergency-lending programs.Congress required the disclosure after the Fed rejected requests in 2008 from the late Bloomberg News reporter Mark Pittman and other media companies that sought details of its loans under the Freedom of Information Act. After fighting to keep the data secret, the central bank released unprecedented information about its discount window and other programs under court order in March 2011.Bloomberg News combined Fed databases made available in December and July with the discount-window records released in March to produce daily totals for banks across all the programs, including the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, Commercial Paper Funding Facility, discount window, PDCF, TAF, Term Securities Lending Facility and single-tranche open market operations. The programs supplied loans from August 2007 through April 2010.

Rolling Crisis

The result is a timeline illustrating how the credit crisis rolled from one bank to another as financial contagion spread.Fed borrowings by Societe Generale (GLE), France’s second-biggest bank, peaked at $17.4 billion in May 2008, four months after the Paris-based lender announced a record 4.9 billion-euro ($7.2 billion) loss on unauthorized stock-index futures bets by former trader Jerome Kerviel.Morgan Stanley’s top borrowing came four months later, after Lehman’s bankruptcy. Citigroup crested in January 2009, as did 43 other banks, the largest number of peak borrowings for any month during the crisis. Bank of America’s heaviest borrowings came two months after that.Sixteen banks, including Plano, Texas-based Beal Financial Corp. and Jacksonville, Florida-based EverBank Financial Corp., didn’t hit their peaks until February or March 2010.

Using Subsidiaries

At no point was there a material risk to the Fed or the taxpayer, as the loan required collateralization, said Reshma Fernandes, a spokeswoman for EverBank, which borrowed as much as $250 million.Banks maximized their borrowings by using subsidiaries to tap Fed programs at the same time. In March 2009, Charlotte, North Carolina-based Bank of America drew $78 billion from one facility through two banking units and $11.8 billion more from two other programs through its broker-dealer, Bank of America Securities LLC.Banks also shifted balances among Fed programs. Many preferred the TAF because it carried less of the stigma associated with the discount window, often seen as the last resort for lenders in distress, according to a January 2011 paper by researchers at the New York Fed.After the Lehman bankruptcy, hedge funds began pulling their cash out of Morgan Stanley, fearing it might be the next to collapse, the Financial Crisis Inquiry Commission said in a January report, citing interviews with former Chief Executive Officer John Mack and then-Treasurer David Wong.

Borrowings Surge

Morgan Stanley’s borrowings from the PDCF surged to $61.3 billion on Sept. 29 from zero on Sept. 14. At the same time, its loans from the Term Securities Lending Facility, or TSLF, rose to $36 billion from $3.5 billion. Morgan Stanley treasury reports released by the FCIC show the firm had $99.8 billion of liquidity on Sept. 29, a figure that included Fed borrowings.The cash flow was all drying up, said Roger Lister, a former Fed economist who’s now head of financial-institutions coverage at credit-rating firm DBRS Inc. in New York. Did they have enough resources to cope with it? The answer would be yes, but they needed the Fed.While Morgan Stanley’s Fed demands were the most acute, Citigroup was the most chronic borrower among the largest U.S. banks. The New York-based company borrowed $10 million from the TAF on the program’s first day in December 2007 and had more than $25 billion outstanding under all programs by May 2008, according to Bloomberg data.

Tapping Six Programs

By Nov. 21, when Citigroup began talks with the government to get a $20 billion capital injection on top of the $25 billion received a month earlier, its Fed borrowings had doubled to about $50 billion.Over the next two months the amount almost doubled again. On Jan. 20, as the stock sank below $3 for the first time in 16 years amid investor concerns that the lender’s capital cushion might be inadequate, Citigroup was tapping six Fed programs at once. Its total borrowings amounted to more than twice the federal Department of Education’s 2011 budget.
Citigroup was in debt to the Fed on seven out of every 10 days from August 2007 through April 2010, the most frequent U.S. borrower among the 100 biggest publicly traded firms by pre- crisis market valuation. On average, the bank had a daily balance at the Fed of almost $20 billion.

Help Motivate Others

Citibank basically was sustained by the Fed for a very long time, said Richard Herring, a finance professor at the University of Pennsylvania in Philadelphia who has studied financial crises.Jon Diat, a Citigroup spokesman, said the bank made use of programs that achieved the goal of instilling confidence in the markets.JPMorgan CEO Jamie Dimon said in a letter to shareholders last year that his bank avoided many government programs. It did use TAF, Dimon said in the letter, but this was done at the request of the Federal Reserve to help motivate others to use the system.
The bank, the second-largest in the U.S. by assets, first tapped the TAF in May 2008, six months after the program debuted, and then zeroed out its borrowings in September 2008. The next month, it started using TAF again.On Feb. 26, 2009, more than a year after TAF’s creation, JPMorgan’s borrowings under the program climbed to $48 billion. On that day, the overall TAF balance for all banks hit its peak, $493.2 billion. Two weeks later, the figure began declining.Our prior comment is accurate, said Howard Opinsky, a spokesman for JPMorgan.

The Cheapest Source

Herring, the University of Pennsylvania professor, said some banks may have used the program to maximize profits by borrowing from the cheapest source, because this was supposed to be secret and never revealed.Whether banks needed the Fed’s money for survival or used it because it offered advantageous rates, the central bank’s lender-of-last-resort role amounts to a free insurance policy for banks guaranteeing the arrival of funds in a disaster, Herring said.An IMF report last October said regulators should consider charging banks for the right to access central bank funds.
The extent of official intervention is clear evidence that systemic liquidity risks were under-recognized and mispriced by both the private and public sectors,the IMF said in a separate report in April.Access to Fed backup support leads you to subject yourself to greater risks, Herring said. If it’s not there, you’re not going to take the risks that would put you in trouble and require you to have access to that kind of funding.To contact the reporters on this story: Bradley Keoun in New York at bkeoun@bloomberg.net; Phil Kuntz in New York at Pkuntz1@bloomberg.net.To contact the editor responsible for this story: David Scheer in New York at dscheer@bloomberg.net.