Tuesday, August 16, 2011

STIMULUS FOR CANADA IF NEEDED

Hareidi IAF Soldiers Celebrate Tu B'Av-A special evening in honor of Tu B'Av was held for the soldiers and officers of the IAF's Shachar Kachol program for hareidim.
by Elad Benari Published: 16/08/11, 1:30 AM


A special evening in celebration of Tu B’Av, the Jewish holiday of love, was held on Sunday for soldiers and officers in the IDF’s Shachar Kachol (Blue Dawn) program and their wives.Shachar Kachol is a program which integrates hareidi soldiers into the Israeli Air Force and has been operating for the past 4 years. So far, about 600 soldiers have participated in the program and have enlisted in various positions in the Air Force, with some even serving as officers.Since most of the men in the program are married, it was decided to hold a special dinner in honor of Tu B’Av and thank the soldiers’ wives for their support of their husbands and explain to them the role their husbands play in the army.The event was attended by the Head of Human Resources at the IAF, Brigadier General Ilan Boger and the IAF rabbi, Lt.-Colonel Rabbi Moshe Ravad.Also in attendance was Rabbi Simcha Cohen, who gave a lecture on relationships, family and education of children in Haredi society.

New stimulus seen if recession hits Canada: Finance minister Reuters By Frank McGurty | Reuters – Sat, Aug 13, 2011

TORONTO (Reuters) - Canada would consider fresh stimulus for its economy if it slipped into recession, its finance minister said on Saturday, a move that could complicate plans to return to a balanced budget by 2014/15.It will take economic contraction, Finance Minister Jim Flaherty said in an CBC Radio interview when asked what it would take for the government to suspend its budget-cutting policies and start stimulus spending again. It would have to be the oxymoronic word negative growth.At the beginning of the current fiscal year, Canada's Conservative government began winding down its stimulus spending program, launched two years earlier during the global financial crisis. It has pledged to stop running deficits by 2014/15.

Despite the debt crisis in Europe and threat of a U.S. slowdown, Flaherty expressed guarded optimism about the health of the Canadian economy and said it was important to take a long-term perspective in shaping policy.We had a very strong first quarter in Canada this year and we'll see more modest growth ... in the rest of the year. But as long as there is growth overall -- the moderate growth we expect and some small growth also in the United States - then in North America we will be relatively well off.Canada's government has forecast the economy will grow by 2.9 percent in 2011.Flaherty conceded that he was concerned about Europe as well, but that the situation there affected Canada much less than the United States.

FISCAL RESPONSIBILITY

Flaherty said he saw an economic slowdown in the United States -- Canada's largest trading partner -- as the most significant risk for the country, but said he was confident Canada could weather any renewed global economic turbulence.We are seeing a relatively small growth in the U.S., but we are seeing growth. As long as that continues we ought not have too much difficulty, he told the Canadian Broadcasting Corp.Still, Flaherty again emphasized the need for the United States and some European countries to follow Canada's example on fiscal responsibility.We have a plan to get us back to surplus by 2014/15. We have long-term planning in place and we have the resolve to stay the course, Flaherty said.This is a fundamental need both in the United States and certain European countries. We need governments to demonstrate that they can get their financial issues straightened out in terms of deficit and debt.Flaherty dismissed the notion that Canada was too dependent on trade with the United States but said there were advantages to expanding commerce with India, China and other Asian economies.We need to do more trade with other countries, and we need to do more trade with the United States. I'm very happy that the most powerful economy in the world, by far, is the United States economy, and it's right next door to us.(Reporting by Frank McGurty; Editing by Paul Simao)

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 TUE AUGUST 16,2011

09:30 AM -2.43
10:00 AM -110.50
10:30 AM -66.60
11:00 AM -43.25
11:30 AM -73.64
12:00 PM -30.50
12:30 PM -108.04
01:00 PM -80.70
01:30 PM -100.25
02:00 PM -138.35
02:30 PM -95.59
03:00 PM -126.96
03:30 PM -50.90
04:00 PM -76.97 11,405.93

S&P 500 1192.76 -11.73

NASDAQ 2523.45 -31.75

GOLD 1,785.00 +30.00

OIL 86.93 -0.95

TSE 300 12,530.70 -152.90

CDNX 1808.43 -20.46

S&P/TSX/60 715.59 -8.04

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -112 points at 4 minutes of trading today.
Dow -127 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,771.80.OIL opens at $86.69 today.

AFTERNOON,NEWS,STATS
Dow -187 points at low today so far.
Dow +9 points at high today so far.

WRAPUP,NEWS,STATS
Dow -187 points at low today.
Dow +9 points at high today.

GOLD ALLTIME HIGH $1,784.60 (NOT AT CLOSE)

Selloff raises stakes in Sarkozy-Merkel euro zone talks Reuters By Leigh Thomas and Yann Le Guernigou – AUG 15,11

PARIS (Reuters) – France and Germany's leaders face a stark choice in talks on Tuesday over whether to steer the embattled euro zone toward closer monetary union or risk watching the bloc unravel.French President Nicolas Sarkozy and German Chancellor Angela Merkel meet in Paris from 1400 GMT (10 a.m. EDT) to discuss what further measures they can take to contain Europe's debt crisis, which is now spreading to the continent's core. A joint news conference is due at 1600 GMT.Italy has been forced to ramp up its austerity measures and financial market jitters hit France last week with French banks' shares subject to panic selling on rumors that the country could be next to lose its prized AAA debt rating.Many experts say the only way to ensure affordable financing for the bloc's most financially distressed countries would be for the euro area to issue joint eurobonds -- although officials in Paris and Berlin said Tuesday's talks would not address that possibility.

Although the German government has long opposed the idea, support is beginning to emerge, with the country's export association saying on Monday that all other means of fighting the crisis had run out.Italian Economy Minister Giulio Tremonti said on Saturday that eurobonds would be the best solution to Europe's debt crisis , and some economists say that the euro zone will inevitably come around to accepting the idea.

EURO ZONE COLLAPSE

French economist Jacques Delpla, who co-authored a paper proposing how eurobonds could work, said the euro zone faced collapse unless leaders went beyond an agreement reached at a July 21 emergency summit on the debt crisis.If we just stick to the July 21 agreement then, before the end of the year, there will be no euro zone, unless the ECB buys everything that's problematic.Eurobonds aside, Sarkozy and Merkel will focus on proposals to improve the euro zone's economic governance, which they told fellow leaders in the bloc at last month's summit that they would issue by the end of August.In particular, they could discuss holding regular euro zone summits, as France has long sought, or ways of improving peer monitoring of fiscal policies.At the July summit, euro zone leaders agreed to a second bailout package for Greece and to give their European Financial Stability Facility rescue fund broader powers, but the moves provided only a brief respite in the debt crisis.

Economist Frederic Bonnevay at French think-tank Institut Montaigne said more radical measures were needed even if they did not include eurobonds for now.The size and powers of the EFSF need to be expanded dramatically -- that's a secret to no-one,he said, suggesting that its firepower should be raised to as much as one trillion euros from 440 billion euros ($635 billion) currently.Sarkozy, who broke off his summer holiday last week to deal with the market meltdown in French stocks, is to meet with Prime Minister Francois Fillon over lunch to fine tune France's position before he meets Merkel.(Additional reporting by Nicholas Vinocur and Patrick Vignal; Editing by Jon Boyle)

World Bank chief: Governments should deal with global debt Reuters By Rob Taylor | Reuters – AUG 15,11

CANBERRA (Reuters) - The World Bank called for national governments to seek a long-term debt curb to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 rich nations.World Bank President Robert Zoellick also said it was time to push a free trade agenda, warning against rising protectionism as nations seek to solve their debt crisis.This is really at a stage where you still have sovereign governments having to make decisions in Europe, Zoellick told reporters in the Australian capital Canberra on Tuesday.It really is going to be the responsibility of each of those sovereign entities to make the calls on how they are going to face not only the short-term challenges, often assisted by their central banks, but also go to the medium and long term, he said.Euro zone policymakers have been battling to contain a debt crisis that threatens to enter a dangerous new phase by engulfing larger nations on the region's periphery, with the European Central Bank stepping in last week to buy Italian and Spanish bonds in a bid to calm nervous markets.But the idea of so-called Eurobonds or joint euro zone bonds has been fiercely opposed by Berlin, which is fearful such a step would push up German borrowing costs and reduce incentives for weaker euro zone members like Greece to reform their economies.

Zoellick said the loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery had pushed markets into a new danger zone.What markets are looking to is a long-term action plan that goes beyond discretionary spending, he said of the United States.So far, we've been able to kind of hold off the dogs of protectionism, but as you get slowdown, these risks can build.European banks were rocked last week by concern about a squeeze for short-term funding, with tougher and more costly financing and a retreat by U.S. money market funds prompting lenders to turn to the ECB for more cash. France's banks were hit particularly hard.Zoellick said the appreciation of China's yuan currency would be a positive in helping restore global economic stability and tackling China's inflation.That could help deal with some of the inflation rate and is also a contributor, I think, to some of the stability in the international system,Zoellick said(Reporting by Rob Taylor; Editing by Ed Davies and Balazs Koranyi)

ECB in record $32 billion bond buying spree AP By GREG KELLER - Associated Press,JUERGEN BAETZ - Associated Press | AP – AUG 15,11

PARIS (AP) — The European Central Bank revealed Monday that it splashed out euro22 billion ($32 billion) last week — more than it has ever done before — propping up the bond markets of Italy and Spain.News of the big bond purchases came a day before the leaders of Germany and France meet to discuss the debt crisis that has engulfed Europe for over a year and a half. Speculation that German Chancellor Angela Merkel and French President Nicolas Sarkozy would be considering proposals for the eurozone to issue jointly guaranteed government debt appear to have been dashed, however.
Tuesday's meeting in Paris comes after a week of turmoil in financial markets, which was partly blamed on Europe's sprawling government debt crisis, which threatened to sweep up economic heavyweights such as Italy and Spain. Fears that the eurozone's third and fourth largest economies may find it too expensive to service their debts triggered the ECB's intervention in the bond markets.France itself was caught in the crossfire last week, with investors worrying about the financial health of the country's banks and whether France would be the next country after the U.S. to lose its triple-A credit rating.

France and Germany, which together account for almost half of the eurozone's economic output, are taking the lead in pushing for reforms aimed at pulling the bloc out of its debt crisis.That is and remains a path of consolidation, of reform, strict adherence to a reworked stability pact that also includes sanctions, Merkel's spokesman Steffen Seibert said.The discussions will center on measures for better agreement of financial policies, paving the way for enhanced economic governance, he added.Officials for both Merkel and Sarkozy said Monday that eurobonds would not be on the agenda.Eurobonds would be a major step toward the bloc's economic integration, and are billed by supporters as an overnight solution to the debt crisis. Italy, Greece, Belgium and Luxembourg are among the nations calling for eurobonds.However, Germany has been adamantly against their creation. Finance Minister Wolfgang Schaeuble reiterated his opposition when he told German news magazine Der Spiegel that eurobonds were out of the question as long as the currency zone's 17 nations still run their own budget policy. Different interest rates for eurozone nations, he added, were needed to provide incentives and the possibility of sanctions to enforce solid financial policy.Schaeuble acknowledged that the EU must, and will, beef up its response to the crisis by assisting heavily indebted nations, but said there won't be a collectivization of debt or unlimited assistance.

Merkel has long ruled out eurobonds, and Economy Minister Philipp Roesler joined the chorus Monday, describing jointly guaranteed debt as the wrong way out of the crisis.
Eurobonds would mean that everybody shares the same interest burden which would be a punishment for (financially) sound nations,he was quoted as saying by German news agency dapd. We cannot want this for Germany and for all other good states.With Europe still scrambling to come up with measures to appease the markets, the European Central Bank has been taking a more central in dealing with the crisis, which has already seen Greece, Ireland and Portugal receive massive bailouts.Analysts think a large chunk, if not all, of the euro22 billion the central bank spent last week was used to prop up the bond prices of Italy and Spain, who had seen their borrowing costs ratchet up sharply in the preceding weeks.The ECB's purchases were the biggest weekly amount the bank has made under the emergency measure, exceeding the euro16.5 billion it laid out when it started buying Greek government debt in May 2010.While stocks took a pounding last week, the program boosted Italian and Spanish bonds, pushing their prices up and interest yields — which move in the opposite direction — down. High bond yields were what drove Ireland, Portugal and Greece to seek bailouts from the European Union and the International Monetary Fund.The bank is temporarily shouldering the burden of fighting the crisis until national parliaments approve new powers for the European Union's bailout fund so it can buy government bonds or help recapitalize banks if necessary.Baetz reported from Berlin; AP Business Writer David McHugh also contributed from Frankfurt.

Analysis: Google deal ups RIM's allure, but for how long? Reuters By Alastair Sharp | Reuters – AUG 15,11

TORONTO (Reuters) - Google's $12.5 billion bid for Motorola Mobility brought a 9 percent gain for the beaten-down stock of tech rival Research In Motion on Monday as investors calculated what a similarly bulging premium would do for the BlackBerry maker's asking price.But it also means one more well-heeled suitor has shunned RIM as a potential target, leaving Canada's best-known company to go it alone as other big tech players pair up.The challenge is increased for RIM here. They're left without a dance partner, said Susquehanna Financial analyst Jeff Fidacaro.Google offered a generous 63 percent premium for Motorola Mobility as it sought to build up its patent portfolio.A similar premium to RIM's price on Friday would value the company at something over $20 billion.RIM is still dominant in corporate communication, but it is struggling as employees seek to pull corporate memos onto their own devices, often an Apple iPhone or iPad or perhaps a device that uses Google's Android technology.There are persistent rumors of Microsoft as a possible suitor. But neither company has shown any taste for the tie-up and Microsoft recently turned toward Nokia as its preferred smartphone partner with a deal for Nokia to abandon its own software and adopt Windows Phone.

Nokia's U.S. listed ADRs rose more than 17 percent as investors singled it out as the likely focus of any enhanced Microsoft attention now that Google has targeted Motorola.I think most people would guess it's Nokia right now just because they have that existing deal...but I think RIM would be a better acquisition for Microsoft to make if it was going to make one, said Ken Wong, a professor of business strategy at Queen's University in Kingston, Ontario, pointing to RIM's strengths in security and compression.RIM's shares have sunk almost 60 percent this year as the Canadian company missed its own limp earnings forecasts, delayed a line of more-advanced phones and failed to excite with its PlayBook tablet.But the stock was up 10.4 percent at $27.11 on Monday, its biggest one-day rise since April 2009.It's putting pressure on Microsoft and Apple and other tech companies to look at a lot of assets in that sector, said Youssef Zohny, a portfolio manager at Van Arbor Asset Management in Vancouver, which hold RIM shares.Sanford Bernstein analyst Pierre Ferragu suggested Google's move to defend Android from legal attack by buying Motorola would deflate the rising price tag for tech patents. But other analysts recalibrated their valuation of RIM's own IP holdings upward.National Bank Financial analyst Kris Thompson said RIM's patents alone could be worth $10 billion as he upped his rating to sector perform from underperform.Mike Abramsky from RBC Capital Markets said the patents, centered around mobile data synchronization, could be worth up to $6 billion. But he cautioned that Google is paying top dollar to neutralize a direct threat and it is unclear if other buyers would be equally motivated.Google's bid for Motorola could also alienate other Android customers and perhaps give RIM a chance to snatch back waning market share.(Additional reporting by Claire Sibonney; editing by Janet Guttsman and Peter Galloway)

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.

Tropical depression forms far from land in Pacific
AP - Mon Aug 15, 4:56 pm ET


MIAMI – Forecasters say a tropical depression has formed far from land in the Pacific Ocean.The depression with maximum sustained winds at 35 mph (56 kph) was more than 1,600 miles (2,575 kilometers) from the coasts of Hawaii and California on Monday afternoon.The National Hurricane Center in Miami says the depression could become a tropical storm on Tuesday.

Record rains trap workers in flooded NYC elevator AP By VERENA DOBNIK and GEOFF MULVIHILL, Associated Press – Mon Aug 15, 5:08 pm ET

NEW YORK – Two New York City construction workers barely escaped drowning in an elevator as storms dropped record rains over the weekend on parts of the nation's eastern half, washing out roads in New Jersey and forcing a small hospital in Ohio to move patients.One of the workers, cabinetmaker Ed Tyler, of Milltown, N.J., told The Associated Press on Monday that he and colleague Wendell Amaker, of Roselle, N.J., were happy to be alive after their ordeal.The storm dropped nearly 8 inches of rain on New York City's Kennedy Airport on Sunday and nearly 5 in Philadelphia, setting city records for any day. At Seabrook Farms, N.J., the daily total was nearly 11 inches.In most spots, the effects were bad but not disastrous — sometimes narrowly so, like on New York City's Staten Island, where Tyler and Amaker were moving materials for a senior center being built.As rain drummed the borough around 9:30 a.m. Sunday, Tyler and Amaker were using an elevator to get supplies to a basement that, unknown to them, was filling up with floodwaters.After they got in, the doors would not open, though they pressed buttons in vain.We hit the water; we heard swishing, Tyler said. Then the water started pouring in.I was freaked out — the water was almost chest-high,he said. They feared electrocution and jumped into a rubberized utility cart they had with them.

Of their two cell phones, one was wet and one had no signal. Finally, they decided to break open a ceiling emergency hatch.Almost an hour after they became trapped, one cell phone suddenly caught a signal and they called 911.In a few minutes, fire rescuers arrived, shut off power to the elevator and hoisted the men out through the ceiling hatch with a ladder.The firefighters told me to go home and take a shower, because the sewage pipes backed up and probably got mixed with the rainwater that came in, Tyler said.No deaths or serious injuries were reported from the record-breaking cloudbursts, but the region wasn't out of the woods by Monday evening. Flood watches remained in effect as far north as Rhode Island even as the rains moved out to sea.The slow-moving system was the same one that toppled a stage with its winds Saturday at the Indiana State Fair, killing five people. Its lazy pace was what caused the exceptional rainfall amounts, said Dave Scheibe, a meteorologist for the National Weather Service in Mount Holly, N.J.In southern New Jersey, a dam on Seeley Lake broke Sunday, turning the normally mild Cohansey River into a raging threat racing through downtown Bridgeton.These waters were going at least 20, 30 miles per hour,said Martin Ruiz, a maintenance worker for a realty company who spent Monday checking on basements of rental properties in Bridgeton. There were big logs going through there.An apartment complex for senior citizens near the river was evacuated Sunday when it appeared the torrent might spill over to city streets, but the waters stayed a couple feet below the downtown flood walls.

Officials in Cumberland County reported four water rescues Sunday. But it could have been worse, said Joseph Sever, director of Cumberland County's Office of Emergency Management — the rain fell on the tidal rivers and streams in the region at a fortunate time.The tide was right,he said.Amtrak lines were closed through Baltimore for a time Monday because water over the tracks.Cleveland's 3.51 inches of rain broke a record for Aug. 14 that had been on the books since 1905, according to the National Weather Service. The deluge postponed an Indians baseball game and canceled a concert by pop star Selena Gomez.In Port Clinton, Ohio, three of the six patients at Magruder Hospital were moved Sunday when water inundated a room holding the main power distribution panels. The other three were discharged.The weekend rains collapsed a roof in Allentown, Pa., on Saturday night, The Morning Call newspaper reported. Thirteen people had to evacuate.The downpours also washed out Sunday's final day of performances at the Musikfest in Bethlehem, Pa. The losses there included African drums for sale and more than 1,000 kabobs to be sold as a fundraiser for Hogar Crea house, which treats young addicts.Basically, we lost everything — the food, the equipment, everything,Ivan Delvalle, director of treatment at Hogar Crea, told The Morning Call. The Musikfest fundraiser usually carries us through the winter. I'm not sure what we'll do.Mulvihill reported from Bridgeton, N.J. Associated Press writer Josh Lederman in Trenton contributed to this report.Reach the reporters at http://twitter.com/VerenaChirps and http://www.twitter.com/geoffmulvihill.

More rain, flooding for already drenched East Coast
Reuters – Mon Aug 15, 3:20 pm ET


NEW YORK (Reuters) – An unstoppable conveyor belt of rain drenched the Northeast and Mid-Atlantic on Monday, adding to record-breaking precipitation that triggered flood watches and a local state of emergency at the start of the workweek.Severe weather in the Northern Plains was also predicted, with flooding downpours, wind gusts greater than 60 miles per hour and large hail possible from the northern Rockies through the Dakotas and Northern Nebraska, said meteorologist Brian Edwards on Accuweather.com.Texas, gripped by triple-digit temperatures and in the midst of the worst drought ever, welcomed rain of up to six inches. But rain didn't come early enough in Parker County, known as the cutting horse capital of the world, where authorities said nine horses died of dehydration after being left out in temperatures over 100 degrees Fahrenheit without water, hay or feed.With the temperatures as high as they have been, it's imperative to keep fresh water and adequate food for any animal,said Parker County Sheriff Larry Fowler, who said investigators were weighing possible criminal charges.On the East Coast, rain that pummeled the area on Sunday continued into Monday. Flood watches were issued for New York, Connecticut, Rhode Island, Massachusetts, Vermont, New Jersey and Pennsylvania, according to the National Weather Service.A state of emergency was in effect Monday in Pittsgrove Township in Salem County, New Jersey, which had received 11 inches of rain since the storm began on Sunday, according to Mayor Linda DuBois.

Fire engines were used to evacuate two families from submerged homes, a dozen washed-out roads were closed and a dry lake was suddenly brimming, she said.In Bridgeton, New Jersey, a dam was breached at Seeley Lake, and water rushed into the Cohansey River, flooding nearby streets, said Todd Bowen, fire battalion chief.That was after rainfall records were shattered across the area on Sunday, including at John F. Kennedy International Airport, which had the wettest day on record with 7.80 inches, smashing the 1984 record of 6.27 inches, said meteorologist Meghan Evans on Accuweather.com.Nearly twice the normal monthly rainfall was delivered in one day, Evans said of the New York City area.Rain records were set throughout the mid-Atlantic on Sunday, including Newark with 6.4 inches (old record 1.1 inches set in 1999) and Philadelphia with 4.8 inches (1.7 inches in 1977).On Monday, puddles resembling ponds swamped roadways across Staten Island and other New York boroughs, submerging cars, their roofs like turtles' backs barely peeking above the surface.No major delays were reported at New York, New Jersey or Philadelphia airports.

Flooding was caused by the slow moving storm as well as parched soil from an otherwise dry summer, making it difficult for rainwater to easily penetrate the hard ground, weather experts said.There had also been flood watches in effect in the Washington, D.C., area on Sunday, and thunderstorms and heavy rains lashed parts of the region on Sunday night.Further south, the rains ushered in cooler temperatures to South Carolina, which has stayed in 90s for months but basked in the 80s on Monday with water temperatures in Charleston at about 86 degrees.(Reporting by Barbara Goldberg; Additional reporting by Dave Warner; Editing by Jerry Norton)

FAMINE

REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)

FAMINE

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: 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.

FEARFUL SIGHTS AND GREAT SIGNS FROM HEAVEN

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.

Global food prices near 3-year highs: World Bank
Reuters By Lucia Mutikani – AUG 15,11


WASHINGTON (Reuters) – Global food prices held near three-year highs in July and stocks were low, piling on pressure on the world's poor, the World Bank said on Monday.The World Bank Food Price index increased 33 percent in July from a year-ago and stayed close to 2008 peak levels, with large rises in the prices for maize, or corn, and sugar.Persistently high food prices and low food stocks indicate that we're still in the danger zone, with the most vulnerable people the least able to cope,said World Bank President Robert Zoellick.High food and energy prices have stoked inflation pressures around the global, but the problem has been more acute in developing nations.Although food prices are moderating in most advanced countries, uncertainties about the global economy and the political situation in the Middle East and North Africa mean oil prices likely will remain volatile, keeping inflation on the radar.While overall food supply has improved since April -- mainly because of good wheat harvests in the United States and Europe and better maize yields in Argentina and Brazil -- global stocks remained alarmingly low, the World Bank said.

Global output of grains in 2011/12 is projected to be 3 percent higher than the estimated output for 2010/11.But the stocks-to-use ratio for maize currently stands at about 13 percent, the smallest since the early 1970s. Wheat and rice stocks also remain well below their late 1990s and early 2000 levels.Coupled with the fact that the realization of the forecast yields is itself contingent on benign weather conditions in the major exporting countries, the low stock environment has created a situation in which even small shortfalls in yields can have amplified effects on prices,the World Bank said.The price of maize was up 84 percent in July from a year ago and sugar increased 62 percent.The World Bank said the move into production for biofuels was also driving up the price of maize, noting that in the first four months of 2011, U.S. maize demand for ethanol production rose 8 percent from the same period last year.Rice prices increased 11 percent in the last quarter after declining since February. Sugar prices increased 29 percent between May and July amid worries about Brazil's lower-than-expected sugarcane harvest.Given that sugar and vegetable oils together account for roughly 50 percent of the World Bank's food price index, volatility in these prices is likely to have unexpected effects on food prices in the months ahead,the World Bank said.(Reporting by Lucia Mutikani; Editing by Leslie Adler)

Netanyahu faces Israeli parliament over protests
Reuters By Allyn Fisher-Ilan | Reuters – AUG 15,11


JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu, under fire for his government's handling of a month-long surge of protests against high living costs, faces a special debate in parliament on Tuesday.Parliament has been recalled from its summer recess to consider the crisis, for once focused on social and economic issues rather than Israel's conflict with the Palestinians or its Arab neighbors.A motion introduced by the centrist Kadima party, one of four on the assembly's charged agenda, targets government imperviousness and foot-dragging by Netanyahu's right-wing coalition in addressing demands to cut taxes and housing prices.Netanyahu has named a team of experts to look into possible reforms but he and financial officials have cautioned against any expansion of the state budget, wary of signs the economy is weakening due partly to a spreading global financial crisis.We are experiencing great turbulence, Netanyahu told a parliamentary finance panel on Monday, adding: We want to deal with both these problems -- to relieve the cost of living and reduce gaps.He also promised substantial changes.Efforts by Netanyahu's government to address protesters' grievances seemed further complicated on Monday when an alternative panel of university professors stepped forward pledging to help protesters meet their goals. [nL6E7JD08N]The Israeli protests, a rare sustained outburst of anger over domestic policies, have drawn hundreds of thousands to the streets since mid-July, when dozens first camped out on a Tel Aviv boulevard to complain of soaring rents, supermarket prices and taxes.Soon a so-called middle-class revolt gathered momentum and spread to other cities, spawning several mass rallies.

More than 70,000 protesters thronged the centers of a dozen towns and cities across Israel on Saturday. Upwards of 250,000 demonstrated in the business capital of Tel Aviv last week.Analysts say the unrest seems to pose no immediate political threat to Netanyahu's two-and-a-half-year-old government.But some officials say the controversy could inflame tensions in his coalition and result in national elections being held ahead of a scheduled 2013.The parliamentary debate on petitions filed by four opposition parties will be an opportunity to air differences, but Netanyahu appears likely to win any votes held.(Editing by Alistair Lyon)

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.

UN: Palestinians flee refugee camp in Syria
AP By ZEINA KARAM - Associated Press | AP – AUG 15,11


BEIRUT (AP) — More than 5,000 Palestinian refugees have fled a camp in the besieged Syrian city of Latakia after President Bashar Assad's forces shelled the city during a broad military assault to root out dissent, the U.N. said Monday.UNRWA, the U.N. agency that aids Palestinian refugees, said the Palestinians fled after Latakia came under fire from gunboats cruising off the coast and ground troops attacking the city over the weekend. It was not immediately clear where the refugees were seeking shelter.We are calling for access to the camp to find out what is going on, said UNRWA spokesman Chris Gunness. There were 10,000 refugees in the camp and we need to find out what is happening to them.Assad has dramatically escalated the crackdown on a 5-month-old uprising since the start of the holy month of Ramadan, when many Muslims fast from dawn to dusk. Despite blistering international outrage, the regime is trying to establish firm control in rebellious areas by unleashing tanks, snipers and — in a new tactic — gunships.On Monday, Turkey's Foreign Minister Ahmet Davutoglu called on Syria to immediately end the bloodshed and threatened unspecified steps if it fails to do so.If the operations do not end, there would be nothing more to discuss about steps that would be taken, Davutoglu said, without elaborating.Turkey, a former close ally of Syria, has been increasingly frustrated with Damascus' brutal crackdown. Davutoglu traveled to Syria last week and urged Assad to end the bloodshed. But Turkey, Syria's neighbor and an important trade partner, has not joined the U.S. and Europe in imposing sanctions.In Washington, White House spokesman Jay Carney said Assad must cease the systematic violence, mass arrests and the outright murder of his own people,adding that the Syrian president has lost legitimacy to lead.Carney said the U.S. would be looking to apply further sanctions against Assad's government, but it was unclear whether that was the extent of the administration's or else part of the equation.

The military assault in Latakia was in its third day Monday after gunboats off the coast combined with ground troops Sunday for the first time in the uprising. Nearly 30 people, and possibly more, have been killed in the city since Saturday, activists say.Soldiers also stormed the area of Houla in the central city of Homs, which has seen massive protests in recent months. A sniper killed an elderly man, according to the London-based Observatory for human rights, which has a network of activists on the ground in Syria.The group said more than 700 people have been arrested in and around Homs since the beginning of August.The regime has banned foreign media and restricted local coverage, making it difficult to verify accounts on the ground.The attacks in Latakia were the latest wave of a brutal offensive that shows Assad has no intention of scaling back despite international outrage and new U.S. and European sanctions.As the gunships blasted waterfront districts Sunday, ground troops and security forces backed by tanks and armored vehicles stormed several neighborhoods, sending terrified women and children fleeing.The Observatory said troops opened fire Monday as a group of fleeing residents approached a checkpoint in the Ein Tamra district of Latakia. One person was shot dead and five wounded.A Latakia resident confirmed the account, saying troops fired as scores of people, many of them women and children, were fleeing. He spoke on condition of anonymity for fear of reprisals.

The Local Coordination Committees, an activist group that helps organize protests in Syria, also confirmed troops fired at fleeing families. It said random gunfire erupted Monday in addition to a campaign of raids and house-to-house arrests.Troops later entered small neighborhoods in the al-Ramel Palestinian refugee camp, warning people to leave or risk their houses being destroyed, the LCC said. A witness said security forces were rounding up young men in the area and detaining them in a sports stadium nearby.Amateur videos posted online by activists showed smoke rising from al-Ramel, the crackle of heavy gunfire and people shouting, God is Great! A Syrian military official on Monday denied reports that gunboats had fired on Latakia, calling them absolutely baseless. The official, whose comments were carried by state-run news agency SANA, said the ships were patrolling the coast on a routine mission to prevent weapons smuggling into the country.On Sunday, SANA said troops were pursuing gunmen using machine guns, hand grenades and bombs who have been terrorizing residents in the al-Ramel district.The regime blames the unrest on a foreign conspiracy and often issues reports on its state-run media that contradict widespread witness accounts and video footage provided by witnesses.The security forces appear to be intent on crushing dissent in Latakia, which has seen large anti-Assad protests since the Syrian uprising began in mid-March. On Friday, as many as 10,000 marched there, calling for the president's ouster.The brutality has fueled international outrage with Syria, a hardline Arab state closely allied with Iran, and led to new sanctions against the regime by the U.S., Canada and Europe.On Monday, Assad sacked the governor for the key northwestern province of Aleppo, Ali Mansour, and replaced him with Mowaffak Khallouf, SANA said.No reason was given for the sacking. But while the opposition has yet to bring out the middle and upper middle classes in Damascus and Aleppo, the two economic powerhouses, protests have been building in Aleppo. Four people were killed there Friday as security forces attacked protesters.Zeina Karam can be reached at http://twitter.com/zkaram
Associated Press writers Elizabeth A. Kennedy in Beirut and Bradley Klapper in Washington contributed to this report.

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

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

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

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

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

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

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

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

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

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

Israel OKs 277 new homes in West Bank settlement
AP By DANIEL ESTRIN - Associated Press | AP – AUG 15,11


JERUSALEM (AP) — Israel has approved the building of 277 apartments in the Jewish settlement deepest inside the West Bank, defying international criticism of continued construction on land the Palestinians claim for a state.The planned construction in Ariel — the core of the settlement bloc farthest inside the West Bank — is the third project on disputed lands to be advanced in the past week.In Washington, the State Department called the new Israeli building deeply troubling.
These kinds of actions are counterproductive to the resumption of direct negotiations between the Israelis and Palestinians, said spokeswoman Victoria Nuland.

Palestinian Authority spokesman Ghassan Khatib called the recent building announcements an escalation and called on the international community to pressure Israel harder.The policies of every single country in the world (are) that settlement expansion is illegal and an obstacle to peace, Khatib said. Israel is not taking this seriously. I think these countries have to introduce elements of accountability to their relations with Israel.The office of Israeli Prime Minister Benjamin Netanyahu refused to comment.Palestinians oppose Israeli construction in the West Bank and east Jerusalem — lands they want for the core of a future independent state — and have suspended talks with Israel as a result. Instead, they plan to go to the United Nations next month to seek its unilateral endorsement of their state.The latest construction approval could further complicate American attempts to persuade the Palestinians to give up their U.N. bid and enter negotiations with Israel instead.Israel has recently moved ahead on plans to build more than 2,500 new apartments in disputed east Jerusalem, and Israeli officials say 2,700 more will be approved soon.The U.S. has been critical of those plans. All three projects could take years to build.Associated Press writer Matt Lee in Washington contributed to this report.

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