EU - 1ST EVER UN SPEECH BY VAN ROMPUY

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JACK VAN IMPES LATEST SHOWS-VIDEO)
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False Flag? Massive Full-ScaleTerror Exercise Planned For Denver TOMORROW! Operation Mountain Guardian-Click here to read about whats under the Denver International Airport
http://www.nowtheendbegins.com/blog/?p=6686

Operation Mountain Guardian is a terrorism-based, full-scale emergency exercise scheduled to take place in numerous locations in the Denver metro area on Friday, September 23, 2011.The exercise will involve first responders from 81 different agencies**, will be conducted at ten separate locations and will include loud noises, simulated weapons, smoke, emergency vehicles and other equipment that will be audible and visible throughout the day.The purpose of this advisory is to provide information that can be disseminated to the public ahead of time to avoid confusion or concern on exercise day, as well as to invite media coverage of the event.

Operation Mountain Guardian will be held at the following locations throughout the Denver Metropolitan area:

Primary Locations
Park Meadows Mall
Smedley Elementary School
Denver Union Station
Community College of Aurora (Lowry Campus)

Secondary Locations

Denver International Airport
Sky Ridge Medical Center
Denver Health Medical Center
University of Colorado Hospital
Catholic Charities (NW Denver)
Sports Authority Field at Mile High

A Public Information Officer will be available at each primary location to coordinate safe access for media representatives and provide information. A Denver Joint Information Center PIO will also be available at 720-865-7695.MEDIA: Please contact the Joint Information Center or on site PIO for inquiries related to this exercise (not individual agencies). Media inquiries not associated with this event should continue to be directed to the appropriate agency.The exercise has been designed as a learning event for regional first responders to test their capabilities in a scenario that will involve a terrorist-driven catastrophic situation. Exercise play will occur at the four primary sites and DIA. Catholic Charities and Sports Authority Field at Mile High will participate in an administrative fashion to test student/teacher processing activities. Sky Ridge Medical Center, Denver Health Medical Center, and University of Colorado Hospital will participate for the purpose of testing medical surge capabilities and communicating within Incident Command.The exercise is scheduled to begin at 0500 hours and end by 1630 hours. source – Fox 31
http://www.nowtheendbegins.com/blog/?p=6686

Martial Law Drill Commences as Economy Begins Descent
Kurt Nimmo Infowars.com September 23, 2011

A massive terror drill – remarkably ignored by all but local media – is now underway in Denver, Colorado.
More than 100 government agencies are taking part in Operation Mountain Guardian, made possible due to a grant from the Department of Homeland Security through FEMA Region VIII and the State of Colorado Governor’s Office of Homeland Security, according to KDVR in Denver.Mock terror drills will be staged at a mall, an elementary school, a community college, a hospital, and transportation hubs, including the Denver airport.

The exercise is scheduled to begin at 5 a.m. and end by 4:30 p.m., according to ABC 7 News in Denver.KDVR reports that the media will be allowed to report on the events, but a news advisory PDF released by officialdom states media coverage will be restricted to outside areas.Terror drills are of particular concern due to the fact that several were staged on September 11, 2001, and July 7, 2005, during attacks attributed to Muslim cave dwellers and associated patsies.On the morning of September 11, 2001, the CIA was conducting a terror exercise and several days earlier, on September 6, NORAD simulated two hijackings as part of Vigilant Guardian. According to the government’s 9/11 report, one military scenario included terrorists hijacking a London to New York flight and blowing it up with explosives over New York.The previous year, in October of 2000, a military exercise was conducted which consisted of a scenario simulating a passenger plane crashing into the Pentagon.

Drills were also held during the London terror bombings of July 7, 2005.Peter Power, Managing Director of Visor Consultants, a private firm on contract to the London Metropolitan Police, described in a BBC interview how he had organized and conducted the anti-terror drill. The fictional scenario was based on simultaneous bombs going off at exactly the same time at the underground stations where the real attacks occurred.The possibility of an actual terror event going live during the Operation Mountain Guardian is minimal, however, and the massive coordinated event in Colorado is designed as part of a larger effort to federalize local officials for the eventual implementation of martial law, likely in response to economic conditions, not false flag terror per se.
For more than a decade, Alex Jones and Infowars.com have covered efforts by the federal government to implement martial law.In 2008, investigative journalist Wayne Madsen reported from information provided by inside sources at FEMA that the feds were preparing for martial law triggered by continuing economic collapse with massive social unrest, bank closures resulting in violence against financial institutions, and another fraudulent presidential election that would result in rioting in major cities and campuses around the country.Infowars.com has posted scores of stories over the years documenting efforts by FEMA, Northcom, Infragard and dozens of other agencies and organizations working toward a common goal of a military dictatorship and closing down the Constitution and the Bill of Rights as predicted by General Tommy Franks.

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS-10 WORLD REGIONS) 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).

Van Rompuy paints rosy picture of EU at first-ever UN speech Today SEPT 22,11 @ 22:28 By Andrew Rettman

EU Council President Herman Van Rompuy has in a ground-breaking speech in New York described the EU as a force for good in the world and said it is managing the euro crisis in a spirit of solidarity.Addressing the UN General Assembly on Thursday (22 September) for the first time as the EU's top official rather than as a leader of an EU presidency country, he said: This institutional innovation gives our union more continuity and consistency vis-a-vis other world leaders.The EU has observer status at the UN and its officials sit in the wings of the plenary chamber alongside entities like the Arab League or the Vatican. But in July it won the right to address the world body as if it was a country in recognition of the greater powers given to EU institutions by the Lisbon Treaty.Speaking in a mixture of English and French, but French first, Van Rompuy used the occasion to depict the union as a champion of human rights, poverty eradication and the fight against global warming.

He concentrated on its handling of the Arab Spring.For us, the Arab Spring is one of the most momentous political developments since the end of the Cold War. We Europeans, so close to the Arab world by the bonds of history and geography, we wish this Spring to blossom, he said.When, earlier this year, there was the risk of a bloodbath in Benghazi, European leaders, together with others, acted with swiftness and determination, he added. You can rest assured that Europe will remain engaged together with you to create a world of peace and security, to promote universal values of human rights and democracy and to combat famine and poverty.He called the euro crisis the most serious test since years and the defining challenge for my generation.He added: We are acting with determination and in a spirit of solidarity ... You may be assured that we will continue to do what it takes to safeguard the financial stability of the eurozone.The speech glosses over the fact EU countries cozied up to Arab dictators for decades for the sake of oil and security - Van Rompuy's staff before the summer quietly removed a framed picture of Gaddafi from his EU headquarters in Brussels. It also glosses over that Germany did not back Nato air strikes in Libya and that the EU's only military contribution, the so-called Eufor aid mission, was rejected by the UN.On the euro crisis, Van Rompuy's words do not fit the current climate of fear and loathing in the eurozone. With markets sure that Greece will soon default, the serious test risks unravelling not just the single currency but the EU itself.Van Rompuy took a predictable line on the hottest topic at the UN meeting - Palestinian independence.

He repeated the EU position that the best thing would be if Arabs and Israelis resumed peace talks. But he gave away nothing on how EU countries will vote if Palestine instead seeks full UN membership or to become a non-member state.Like US President Barack Obama earlier in the week, he excluded the Palestinians from his general praise of Arab Spring revolutionaries.He used the word occupation disliked by Israeli diplomats. But he depicted the Arab-Israeli conflict as a conflict of equals with equal responsibilities rather than as the Arab world sees it - the frequently brutal oppression of native people by a foreign-backed superpower.
Populations have lived in fear and suffering for too long ... The legitimate aspirations of both the Palestinian and Israeli peoples for peace, safety and statehood must be fulfilled,Van Rompuy said.

EU chief urges Israelis, Palestinians to resume talks
AFP – SEPT 22,11

The European Union's president urged Israel and the Palestinians to resume direct talks in an address to the United Nations on Thursday on the eve of a Palestinian bid for UN state membership.Now, the resumption of direct talks between Israel and the Palestinian Authority is the top priority, EU President Herman Van Rompuy said in his address to the UN General Assembly.As a member of the Quartet seeking a negotiated resolution of the Middle East conflict -- alongside the UN, the United States and Russia -- the European Union is deeply engaged in the peace process, he said.Van Rompuy did not mention the proposal offered by French President Nicolas Sarkozy the previous day as a way to head off the diplomatic crisis caused by the Palestinians' UN bid.Under Sarkozy's plan, the Palestinians would be given an intermediate observer status at the United Nations, while the two sides would return to negotiations and have one year to reach a definitive agreement.Now is the time for politics: for dialogue and negotiations. Populations have lived in fear and suffering for too long, Van Rompuy said.That's why I say to the leaders on both sides: the time to act is now. There are political risks, but you need to take them -- just like some of your predecessors did -- with a view of offering a better and safer future to your communities, Van Rompuy said.The status quo is no option. The wind of change across the entire region should help you to get out of impasses, the EU chief added, alluding to the recent wave of uprisings in the Arab world.

Van Rompuy repeated the EU's position on the Israeli-Palestinian conflict, under which a negotiated resolution would be based on Israel's 1967 borders with mutually acceptable land swaps.The EU is also fully supporting financially the Palestinian state-building process, Van Rompuy added.Palestinian president Mahmud Abbas arrived at the UN General Assembly this week with plans to submit a bid for full UN membership as a state, which is supported by many UN member countries but fiercely opposed by Israel.European and US diplomats have been scrambling to avert a showdown over the Palestinians' membership bid.

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
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HALF HOUR DOW RESULTS FRI SEPTEMBER 23,2011

09:30 AM -2.43
10:00 AM -5.26
10:30 AM -50.18
11:00 AM +15.89
11:30 AM +31.44
12:00 PM -1.56
12:30 PM +3.44
01:00 PM -20.70
01:30 PM -19.53
02:00 PM +45.07
02:30 PM -2.39
03:00 PM -35.69
03:30 PM +43.74
04:00 PM +37.65 10,771.48

S&P 500 1136.43 +6.87

NASDAQ 2483.23 +27.56

GOLD 1,653.10 -88.60

OIL 80.16 -0.35

TSE 300 11,462.90 -99.60

CDNX 1546.08 -52.16

S&P/TSX/60 653.30 -3.82

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -77 points at 4 minutes of trading today.
Dow -89 points at low today.
Dow +62 points at high today so far.
GOLD opens at $1,693.00.OIL opens at $79.07 today.

AFTERNOON,NEWS,STATS
Dow -89 points at low today so far.
Dow +62 points at high today so far.

WRAPUP,NEWS,STATS
Dow -89 points at low today.
Dow +62 points at high today.

GOLD ALLTIME HIGH $1,902.60 (NOT AT CLOSE)

GOLD IS DYING AT $1,669.00 AT 12:15PM
GOLD AT 3:30PM $1,650.30 -91.00

EU banks forced to raise cash or face debilitating contagion 22.09.11 @ 09:29 By Leigh Phillips

As French banks come under increased pressure from all quarters, the European Commission is rowing back on comments by its competition chief that more EU lenders than previously expected need to be recapitalised.Brussels maintains most of the bloc's banks are sound, following July's stress tests (andres rueda)His spokesman, Amelia Torres, criticised the press for taking his words out of context and said that he had only meant that the existing support measures for those banks that failed stress tests in July should be carried out.[Competition commissioner Almunia] said he thought we needed to continue with crisis regime if necessary, she told reporters in Brussels.Stress tests of EU banks in July revealed that nine banks, mainly smaller institutions, were undercapitalised and would be unable to withstand further financial shocks, while an additional sixteen were in a grey zone.In response, these banks must submit plans to the EU banking regulator by 15 October on how they plan to boost their capital base. They then have until mid-2012 to raise cash either from markets or submit requests for aid from their governments.

Commissioner Almunia however had said that other banks than those identified by the stress tests were also in difficult waters. His spokesman on Wednesday insisted his intent was more subtle than what had been reported.It is possible he didn’t say all banks or which banks possibly other than those identified by the stress tests that might need to be helped in the light of the crisis situation and that’s all he said. And that’s very different from what some of you [reporters] tried to say, she said.
On Tuesday, speaking in Warsaw, Almunia said as a result of the deteriorating economy, banks were in a worse situation than when the tests took place.The worsening of the sovereign debt crisis, its impact on a fragile banking system and the continuing tensions in funding markets, all point to the possible need for further recapitalisation of banks on top of the nine that failed the stress tests earlier this year, he said.It was the first time a senior EU official had suggested that the European banking sector was in worse trouble than has been admitted.As a result, he would be asking his colleagues in the commission to allow the currently relaxed rules on state aid for banks to be extended beyond the end of this year.He also criticised some banks for dragging their feet on making known the true state of their finances and conceded that French banks, none of which failed the stress tests or were in the grey zone, are being hit by some liquidity tensions that we hope can be solved.Last week, Moody's cut the rating on two major French banks, Credit Agricole, one of the biggest in financial institutions in Europe, and Societe Generale, over their exposure to Greek sovereign debt.The Bank of China has also decided to halt foreign exchange forwards and pulled swap lines with Societe Generale, Credit Agricole and a third French Bank, BNP Paribas.

The banks have also been bludgeoned by large falls in their share prices off the back of their Greek exposure.Additionally, German industrial conglomerate Siemens, which itself has a banking licence, has withdrawn some €500m from an undisclosed French bank and placed the sum with the European Central Bank for safe keeping and a higher rate of interest.A series of French banks have put up for sale large portfolios of asset sales in an attempt to shore up their capital cushion.The banks and the French government have said that they are capitalised sufficiently to withstand eurozone debt shocks.Standard & Poor’s on Wednesday also downgraded seven Italian banks as a result of related sovereign debt risk, and adjusted the outlook on eight others from stable to negative.Regarding the wider European situation, Fitch credit ratings agency has also warned pressure on liquidity, profitability and eventually capital positions will negatively affect banks' credit profiles and ratings.Until now, EU officials have insisted that European banks are better capitalised than a year ago and that French bank finances in particular were sound, stressing that they have held higher ratings than most other banks and that if there are any worries, they relate solely to liquidity issues rather than those of solvency.

Trouble could quickly spread around the world

But the pressure is mounting globally on European banks to act quickly to prevent a domino effect hitting other financial institutions.Central banks from around the world last week moved to inject dollars into European banks who are having trouble raising funds in the US currency.On the weekend, Swedish finance minister Anders Borg and his Spanish counterpart, Elena Salgado, both called for banking recapitalisation.And the International Monetary Fund on Tuesday in its World Economic Outlook report, warned that European banks were heavily exposed to countries with debt servicing issues.The next day, Jose Vinais, the head of the IMF's monetary and capital markets department, warned that the level of EU bank exposure to sovereign debt has soared to €300 billion.A concern is that capitalisation of euro area banks is relatively low, and they rely heavily on wholesale funding, which is prone to freezing during financial turmoil, the report read.Trouble in a few sovereigns could thus quickly spread across Europe. From there it could move to the United States - by way of US institutional investors' holdings of European assets - and to the rest of the world.The global lender’s new chief, former French finance minister Christine Lagarde has also called for an urgent, substantial and mandatory recapitalisation.Without such moves, we could easily see the further spread of economic weakness to core countries, or even a debilitating liquidity crisis, she said.Former UK prime minister Gordon Brown, speaking at the World Economic Forum in Dailan, China, said that the EU is being hit by a banking crisis, not the debt crisis that leaders believe is ailing their economies.The European banks as a whole are grossly under-capitalised: they have liabilities far in excess of American banks. We have now got the inter-play with sovereign debt because we socialised the liabilities,he said, according to the Daily Telegraph.It has morphed into a sovereign debt crisis, and is more serious than 2008 because governments then could intervene to sort of out banks. Now both banks and governments have problems, he said.

French bail-out of banks?

Speaking to EUobserver, Costas Lapavitsas a Greek economist at the University of London explained why the crisis has returned back to the banking sector.European banks have significant exposure, both private sector and public sector debt, and so the more Europe goes into recession, the worse their situation gets, he said.They know their peers are in the same situation, hence the difficulties of obtaining liquidity in the interbank market. They also have trouble meeting their dollar obligations and hence the so-called dollar funding gap among banks.It is a combined liquidity and solvency problem, he continued.This is why central banks around the world last week offered support to banks, which lessened the pressure, but did not deal with the underlying solvency problem.He said that if Paris were forced to bail out its banks, the results could be very dangerous for the single currency.A French state bail out of its banks would probably result in the country losing its Triple-A rating as public debt would escalate. If France were downgraded, the pressures from financial markets on the country would be very heavy.

LUKE 21:25
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)

Insight: Faith in policymakers plunges, taking markets with it Reuters By Steven C. Johnson – Thu Sep 22, 6:11 pm ET

NEW YORK (Reuters) – Europe's debt crisis looks more intractable than ever. The Federal Reserve appears to be shooting blanks when it comes to firing up the U.S. economy.Add in signs that Chinese growth is slowing by the day, and it explains why financial markets took a hammering on Thursday, with global stock markets, oil, metals and even gold sliding.And investors now fear there isn't much that authorities can do to stop the slide: central banks are running out of ammunition and political will among U.S. and European leaders is in short supply.Even as central bankers and finance ministers from the world's largest economies met in Washington, few were holding out hope for a miracle solution.People are losing confidence in policymakers altogether, said Kathy Lien, director of research at GFT Forex, an online retail currency platform. If they keep failing to boost growth and confidence, we may see the kind of deep global crisis we saw three years ago.In 2008, investment bank Lehman Brothers' collapse nearly brought down the entire American banking system and pushed much of the world economy into recession.This time, the main fault lines are in Europe, where officials have struggled to come up with decisive plans to address a possible Greek default and drum up resources to support other troubled countries and banks.But U.S. officials have hardly been more inspiring. Fed policies look increasingly impotent, and political bickering ahead of the 2012 election has reached a fever pitch.

Popular trust in the agencies of government is declining everywhere, said Robert Madsen, senior fellow at the MIT Center for International Studies. The pattern of a crisis followed two or three years later by a stark deterioration in political power is exactly what occurred in most of the major economies other than the United States in the early 1930s.That left governments grasping at bad policies such as protectionism, which halted world trade and deepened the depression in most economies. In Germany, Madsen noted, economic privation and distrust in leaders enabled the rise of Hitler.I don't see anything like Nazism happening now,he said, but the gradual erosion of centrist power seems almost inevitable.

EYE OF THE STORM

Markets are already flashing signs of distress.The S&P 500 tumbled 3.2 percent Thursday, its fourth straight decline, and European shares hit a 26-month low. Copper crashed 7.5 percent to its lowest price in a year, benchmark Brent crude oil fell more than 5 percent, while the 10-year Treasury yield fell to 1.71 percent, its lowest in at least 60 years, as investors sought safety.Investors worry a default in Greece or elsewhere could spark a crisis for euro zone banks with a lot of troubled government debt on their balance sheets.David Gilmore, principal of currency advisory firm Foreign Exchange Solutions, said the lack of a common fiscal policy and bickering among national leaders does not inspire hope.I can't see how Europe avoids a major crash in asset prices, the euro and the banking system, and I can't see how anywhere else on the planet avoids serious contagion, he said.Seven world leaders urged Europe on Thursday to confront the debt overhang to prevent contagion to the wider global economy.Possible remedies, such as recapitalizing European banks so they can cope with sovereign defaults or adopting a common eurobond for member states, have so far gained little traction.A European Central Bank study, co-authored by an outgoing executive board member, said the euro project is in danger due to runaway spending and the ongoing sovereign debt crisis.The euro hit an eight-month low beneath $1.34 Thursday, and there are predictions that it will fall further. Barclays Capital sees the euro falling to $1.25 in three months.

FED OUT OF AMMO?

Many have taken the ECB to task for being slow to cut interest rates. The Fed, meanwhile, appears to be all out of bullets -- and markets know it.In 2008, the U.S. central bank cut rates sharply to zero and recently pledged to hold them there until at least 2013. It has also poured $2.3 trillion into the financial system through asset purchases, a policy that helped boost stock prices but did little for an economy where growth has slowed to a crawl and the jobless rate remains stuck above 9 percent.But the Fed's latest move on Wednesday -- targeting lower long-term interest rates by selling Treasuries with short maturities to buy longer-dated ones -- was met with a sharp stock market selloff and widespread doubts about its ability to boost growth.It was a terrible omen, because the stock market had rallied like clockwork after previous Fed policy moves as if it were Christmas day, said Michael Cheah, who helps oversee $1.5 billion at SunAmerica Asset Management. This was the first time the market reacted very badly. It shows they are out of magic dust.Bill Gross, manager of PIMCO, the world's largest bond fund, told Reuters in August, It is increasingly apparent to us that policy options are limited and that economic growth is slowing down.With consumers not willing to spend and businesses wary of hiring, some investors have called for the government to step up spending to keep the economy afloat.Without it, at best, we muddle along. At worst, we double dip," Doug Kass, who runs hedge fund Seabreeze Partners in Palm Beach, Florida, wrote in a note to clients.

POLICY PARALYSIS

But with the United States already running one of the largest budget deficits as a share of output since World War Two, political opposition to such spending is high.
President Barack Obama proposed a $447 billion job package this month but is facing stiff resistance from Republicans, who object to tax hikes on the rich to pay for it.
In the past 24 hours, markets even had the specter of a government shutdown to contend with after the House of Representatives defeated a bill Wednesday that would fund federal operations past September 30.Republicans said the issue will be sorted out, but the flap conjured bad memories of a summer battle over the debt ceiling that ended with the United States losing its top AAA credit rating.What's more, a bipartisan group of U.S. senators is pushing a bill that would crack down on China for keeping its currency undervalued against the dollar. Economists fear that may spark a trade war, another threat to a healthy world economy and another echo of the 1930s.

ROOM FOR OPTIMISM

There could be a silver lining to all the turmoil, though. Policymakers -- be they in the U.S. Congress or Europe -- often need a crisis to act, said Jack Ablin, chief investment officer at Harris Private Bank, with $55 billion under management. Maybe watching the stock market plunge in the last 24 hours will light a fire under them.
For the bold, the latest market swoon may be a golden opportunity to buy on the cheap.David Kotok, chairman and chief investment officer at Cumberland Advisors, said guaranteed S&P 500 index yields as a percentage of stock prices still look set to outpace yields on government bonds, calling it an extraordinarily high reward for anyone willing to invest in stocks.But Cheah said investors should play it safe for now.When driving into a thunderstorm, you slow down and, if possible, stop the car. This is not the time to say the stock market is cheap, I want to buy or the bond market's overvalued, I'm going to short it,he said. If you go to cash, you live to fight another day.(Additional reporting by Jennifer Ablan in New York; Editing by Martin Howell and Leslie Adler)

Warnings mount on euro crisis, BRICS mull more aid
Reuters By David Lawder and Walter Brandimarte – SEPT 22,11

WASHINGTON (Reuters) – World leaders and finance chiefs on Thursday pushed Europe to quell its debt crisis and big emerging economies said they might provide more money to help stop the chaos from spreading.As finance ministers and central bankers gathered for talks amid growing concern about sharply slowing growth and plunging stock markets, the leaders of seven big economies stressed the need to contain the euro zone crisis.Euro zone governments and institutions must act swiftly to resolve the euro crisis and all European economies must confront the debt overhang to prevent contagion to the wider global economy, the leaders of Australia, Canada, Indonesia, Britain, Mexico, South Africa and South Korea wrote in an open letter to France, chair of the Group of 20 leading economies.Separately, officials from the so-called BRICS countries, including heavyweights China, Brazil and India, said they would consider giving more funds to the International Monetary Fund to boost global stability.But India issued a reminder that developing countries were not in a position to bail out richer economies.We represent a group of countries where there is (an) enormous amount of demand for resources at home for poverty reduction, Reserve Bank of India Governor Duvvuri Subbarao said at a joint BRICS news conference in Washington.The euro area crisis, centered on a fiscal meltdown in Greece, has put a strain on the IMF's resources. With key economies teetering on the edge of recession, more countries could seek emergency loans, quickly depleting its capital.An internal IMF staff report obtained by Reuters last week showed that the fund could comfortably lend out another $390 billion without endangering its balance sheet. But in a worst-case scenario, it may face demands for $840 billion -- an increase of $200 billion from staff estimates made in June.China's central bank chief Zhou Xiaochuan said any talks about giving the IMF more funds should include other countries beyond the BRICS such as the Group of Seven rich nations.

Highlighting the growing role of the BRICS in the world, Zhou said major emerging markets should boost domestic demand to take up some of the slack caused by weakness in the United States and Europe.In today's crisis period, internal demand of each economy is important, and we should find a way to enlarge internal demand in our economy, he said.But Zhou made no mention of repeated U.S. calls for Beijing to let its yuan currency rise faster.As stock prices around the world fell on fears of a new economic slump, U.S. Treasury Secretary Timothy Geithner voiced optimism that Europe would devote more of its own resources to backstop euro area governments and banks under stress.I am very confident they're going to move in the direction of expanding (their) effective financial capacity, he said.They're just trying to figure out how to get there in a way that is politically attractive.Europeans showed little sign of bowing to the pressure. French Finance Minister Francois Baroin said giving more clout to Europe's new bailout mechanism, the European Financial Stability Fund, could be done but was not top of his agenda.The main issue (for the euro zone) is reducing (budget) deficits as quickly as possible. Leveraging the EFSF is not a priority for now, (but) we could eventually consider how to leverage it to give it more systemic firepower.

ECB WARNS EURO IN DANGER

In Frankfurt, a European Central Bank study warned the entire euro currency project was now in peril.The study, perhaps the most stern warning about the euro's future from a central banker, was a parting shot from ECB chief economist Juergen Stark, who resigned this month after opposing the bank's purchases of troubled countries' bonds.Greatly increased fiscal imbalances in the euro area as a whole and the dire situation in individual member countries risk undermining stability, growth and employment, as well as the sustainability of (Europe's Economic and Monetary Union) itself, said the research paper, which was published by the ECB but not endorsed by it.G20 finance ministers will meet for dinner in Washington on Thursday to discuss the crisis, but they have no plans to issue a communique to outline a response.
Financial markets were disappointed that a coordinated game plan to arrest Europe's woes was not at hand. World stocks plunged as investors worried about the the grim global growth outlook, including data pointing to a slowdown in China, one of the world's key economic engines.European stocks fell more than 4.5 percent and, in the United States, the Dow Jones industrial average closed down about 3.5 percent.

Investors flooded into the safehaven of U.S. Treasury debt, pushing yields to new lows a day after the Federal Reserve, warning the U.S. economy faced significant risks, announced a new plan to to keep borrowing costs low.We're not quite staring down the barrel (but) the problems in the euro zone are now so big that they have begun to threaten the stability of the world economy, British Prime Minister David Cameron told the Canadian Parliament in Ottawa.The European Union's monetary affairs commissioner, Olli Rehn, did not rule out the possibility of a Greek debt restructuring but vowed European leaders would not allow an uncontrolled default nor Greece leaving the euro zone.In Athens, Prime Minister George Papandreou said further austerity measures were vital to Greece, even as workers striking in protest shut down the country's transport system.There is no other path. The other path is bankruptcy, which would have heavy consequences for every household, he said.

BANKS IN FOCUS

The crisis has raised pressure on European banks, particularly in France, which are heavily exposed to Greece and other troubled euro zone sovereigns. Baroin said any liquidity problems for Europe's banks were addressed by a move by global central banks to set up new liquidity facilities last week.The IMF has pressed for a recapitalization of European banks but has faced opposition from bank executives and EU governments who have said balance sheets are sound.Europe's banking regulator denied a Financial Times report that it would force 16 weaker, mid-tier banks to raise capital more quickly after they came close to failing European stress tests earlier this year.France's biggest bank BNP Paribas denied a Reuters report that it was in talks with the Gulf state of Qatar on taking a stake in the bank.(Additional reporting by David Ljunggren in Ottawa, Regan Doherty in Qatar, Daniel Flynn, Jan Strupczewski, Rachelle Younglai and Lesley Wroughton in Washington, Lionel Laurent and Julien Ponthus in Paris, Ross Finley in London, Lefteris Papadimas in Athens, Martin Santa in Frankfurt; Writing by David Lawder; Editing by Neil Stempleman and Chizu Nomiyama)(This story was corrected in paragraph 24 to fix the attribution for quote from Britain's Cameron)

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.

JERUSALEM DIVIDED

ZECHARIAH 12:1-5 King James Bible
1 The burden of the word of the LORD for Israel, saith the LORD, which stretcheth forth the heavens, and layeth the foundation of the earth, and formeth the spirit of man within him.
2 Behold, I will make Jerusalem a cup of trembling unto all the people round about, when they shall be in the siege both against Judah and against Jerusalem.
3 And in that day will I make Jerusalem a burdensome stone for all people: all that burden themselves with it shall be cut in pieces, though all the people of the earth be gathered together against it.
4 In that day, saith the LORD, I will smite every horse with astonishment, and his rider with madness: and I will open mine eyes upon the house of Judah, and will smite every horse of the people with blindness.
5 And the governors of Judah shall say in their heart, The inhabitants of Jerusalem shall be my strength in the LORD of hosts their God.

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.

ZECHARIAH 14:1-9 King James Bible
1 Behold, the day of the LORD cometh, and thy spoil shall be divided in the midst of thee.
2 For I will gather all nations against Jerusalem to battle; and the city shall be taken, and the houses rifled, and the women ravished; and half of the city shall go forth into captivity, and the residue of the people shall not be cut off from the city.
3 Then shall the LORD go forth, and fight against those nations, as when he fought in the day of battle.
4 And his feet shall stand in that day upon the mount of Olives, which is before Jerusalem on the east, and the mount of Olives shall cleave in the midst thereof toward the east and toward the west, and there shall be a very great valley; and half of the mountain shall remove toward the north, and half of it toward the south. 5 And ye shall flee to the valley of the mountains; for the valley of the mountains shall reach unto Azal: yea, ye shall flee, like as ye fled from before the earthquake in the days of Uzziah king of Judah: and the LORD my God shall come, and all the saints with thee.
6 And it shall come to pass in that day, that the light shall not be clear, nor dark:
7 But it shall be one day which shall be known to the LORD, not day, nor night: but it shall come to pass, that at evening time it shall be light.
8 And it shall be in that day, that living waters shall go out from Jerusalem; half of them toward the former sea, and half of them toward the hinder sea: in summer and in winter shall it be.
9 And the LORD shall be king over all the earth: in that day shall there be one LORD, and his name one.

Analysis: Abbas stands to gain from UN gambit
APBy KARIN LAUB - Associated Press | AP – SEPT 22,11

RAMALLAH, West Bank (AP) — The drama over the Palestinians' bid for U.N. recognition is still unfolding, but President Mahmoud Abbas appears to have won new respect at home for standing up to the United States and moving their decades-long quest for statehood back to the center of the world stage.Recognition of Palestine — even in a possible watered-down form, since full U.N. membership is blocked by a certain U.S. veto — won't bring the Palestinians true independence anytime soon. It might not even be enough to improve their hoped-for leverage in future border talks with Israel.But despite such uncertainties and the risk of a serious rift with Washington, Abbas and his aides say they had to try to break the diplomatic impasse of recent years with a bold move.Abbas was losing domestic credibility — as well as political ground against militant rival Hamas — by sticking to the old formula of U.S.-brokered negotiations with Israel.Israelis and Palestinians tend to blame the other side for the failure to reach a deal. Despite several far-reaching efforts, gaps could ultimately not be bridged, and Israel's military occupation of the West Bank continues.And the Arab Spring — a wave of anti-government protests sweeping the region since the start of the year — has made it more difficult for the Palestinian leadership to appear to accept the status quo.In the revolutionary atmosphere of the region, when the Palestinian leadership is unable to deliver anything, they have to be worried about their public standing, said Ghassan Khatib, spokesman for Abbas' West Bank-based Palestinian Authority. With this approach (of seeking U.N. recognition), I think it will a little bit defuse public pressure.A poll published this week yielded stunning support for Abbas' gambit, suggesting he had tapped into a hunger for taking a stand.

The poll of 1,200 Palestinians indicated that more than 80 percent support the bid to win U.N. recognition for a Palestinian state encompassing the West Bank, Gaza and east Jerusalem, areas Israel captured in 1967.That backing comes despite widespread expectations of greater hardships as a result, including a possible cut in U.S. aid. Last week's survey by the Palestinian Center for Policy and Survey Research, with an error margin of 3 percentage points, also cited a five-point increase, to 59 percent, in Abbas' popularity in the past three months.Abbas — who never enjoyed the crowd appeal of his late predecessor, Yasser Arafat — might now also be better able to deflect claims by Hamas militants that he has been serving the interests of the West at the expense of Palestinian aspirations.Such charges might have stuck more easily had Abbas not held his stance. Palestinians seem angry and even surprised at the support by President Barack Obama's administration for Israel at the United Nations.On Thursday, several dozen protesters held up anti-Obama banners outside Abbas' government compound. A day earlier, a masked youth burned a U.S. flag at a pro-Abbas rally.Abbas will formally request U.N. membership for Palestine on Friday in a speech to the General Assembly, despite great pressure from the United States and others, said a senior aide, Nabil Abu Rdeneh. Palestinian officials say they believe Obama is siding with Israel at the U.N. largely because of domestic considerations as he seeks re-election next year.Full membership can only be bestowed by the U.N. Security Council, where Abbas' quest is sure to be derailed, either by failing to get the required support of at least nine of 15 members or — if a necessary majority is obtained — by a U.S. veto.

It's unclear why Abbas didn't turn directly to the General Assembly, where the Palestinians enjoy broad support and the U.S. has no veto. The General Assembly could make Palestine a nonmember observer state — a lesser option but one that was widely expected and seen as still valuable to the Palestinians because of the implicit recognition of the pre-1967 borders.Some speculated that by turning to the Security Council, the Palestinians were trying to ramp up pressure on the Obama administration to try harder to create an acceptable negotiating framework; they want negotiations to be based on the pre-1967 frontiers and demand that Israel halt all settlement construction on occupied land.The U.S. has said it would veto the Palestinian membership request in the Security Council — but it would clearly prefer to see the application either not be submitted or not get the required votes. A veto would hurt Washington's image among Arabs, which had just recovered a bit because of its support for the region's pro-democracy movements.A Security Council vote could only be held after a committee review of the membership request, which could take weeks.Abbas aides dismissed speculation that the Palestinians were willing to let the application languish in a committee as a way of giving the U.S. and other mediators more time to restart negotiations.The normal procedures should take place immediately, Abu Rdeneh said.Any delay is unacceptable.If the Palestinians suspect foot-dragging in the Security Council, they will consider their options, Abbas advisers said. This might include going to the General Assembly or dissolving the Palestinian Authority, the self-rule government established in the mid-1990s as part of interim agreements with IsraelDissolving the Palestinian Authority and effectively stepping down has been Abbas' doomsday weapon. It would spell the collapse of two decades of U.S. policy in the region and would force Israel, as occupying power, to assume responsibility for nearly 4 million Palestinians, a costly task now largely funded by the international community.

Handing the keys to the Israeli side has become a very realistic option, said Azzam Ahmed, a leader of Abbas' Fatah movement.This week, Israeli Prime Minister Benjamin Netanyahu won strong backing from Obama for his position that a Palestinian state can only be created through negotiations.Israel has complained that the true aim of the Palestinians' U.N. bid is to isolate and delegitimize the Jewish state — a charge Abbas has denied.Netanyahu — a longtime hard-liner who reluctantly accepted the idea of a Palestinian state in 2009 — called again this week for direct talks. However, he has rejected the Palestinian demand that all settlement construction be halted while talks on the future of the territories are held. Netanyahu has also said Israel will keep east Jerusalem and significant chunks of the West Bank, citing concerns that any territory Israel relinquishes might be used to launch attacks on the Jewish state.While Netanyahu is enjoying Washington's backing at the U.N., he may soon face increased pressure from the U.S. and Europe to accept terms for negotiations that are acceptable to the Palestinians, said Moty Cristal, a former Israeli negotiator.The strategic goal of the Palestinians (at the U.N.) was to bring Israel to the negotiating table in a much weaker position, Cristal said.They will to some extent achieve this goal. Europe and the U.S. will say (to Israel), we supported you in the U.N., therefore the payoff will be a clear negotiating process which will yield results.Mohammed Daraghmeh contributed to this report from New York.
EDITOR'S NOTE: Karin Laub is chief Ramallah correspondent and has covered the Israeli-Palestinian conflict since 1987.(This version CORRECTS Corrects year when Netanyahu accepted idea of Palestinian state in paragraph 27.)

Palestinians show support for Abbas' statehood bid
APBy KARIN LAUB - Associated Press | AP – SEPT 22,11

RAMALLAH, West Bank (AP) — Thousands of flag-waving Palestinians rallied Wednesday in towns across the West Bank to show support for their president's bid to win U.N. recognition of a Palestinian state.The gatherings were carefully orchestrated, with civil servants and schoolchildren given time off to participate. Despite the largely low-key mood, a new poll indicated an overwhelming majority supports President Mahmoud Abbas' quest for U.N. recognition of a state in the West Bank, Gaza and east Jerusalem, the areas Israel captured in the 1967 Mideast War.Some said they were dismayed by the U.S. pledge to block the Palestinians, if necessary by a veto in the U.N. Security Council. In Ramallah, the crowd cheered when a masked youth on a stage burned a U.S. flag before being led away by Palestinian security forces.

We want to live in dignity, said Atallah Wahbeh, a 60-year-old shopkeeper in Ramallah. He said it was important that the U.N. recognize a Palestinian state, even if there are repercussions, such as a possible cut in American aid.We don't need the Americans to buy us with money, he said.Near Karnei Shomron, a Jewish settlement in the northern West Bank, an assailant fired on an Israeli car, causing damage but no injuries, the Israeli military said.Nearby, Palestinians threw rocks at an Israeli car, injuring a baby girl, the military said.The rallies were held far from possible friction points with Israeli troops, though in two locations small groups of young men broke away and threw rocks and firebombs at Israeli troops.Israeli soldiers responded by firing tear gas and sending undercover forces into the crowd. Live TV broadcasts showed Israeli soldiers in civilian clothes arresting Palestinians who were throwing rocks. Palestinian medics said five protesters were injured, including one who was hit in the eye.Abbas has called for peaceful marches in support of statehood, and Israeli security officials have scaled back forecasts of widespread violence.Abbas is to address the U.N. General Assembly later this week and request full U.N. membership. With peace talks deadlocked for the past three years, the Palestinians believe a strong international endorsement will improve their position in future negotiations.Israel and the U.S. say a Palestinian state can be established only through negotiations.We went to the U.N. because we are tired of negotiations for the sake of negotiations, Abbas aide Tayeb Abdel Rahim told the rally in Ramallah.

The new poll found that 83 percent of Palestinians believe Abbas' recognition quest is a good idea, even though nearly as many — 78 percent — expect it will make their daily lives more difficult. The survey, conducted last week by the independent Palestinian Center for Policy and Survey Research, included 1,200 respondents and had an error margin of 3 percentage points.The U.N. bid is seen by many Palestinians as a last option after two uprisings and two decades of on-and-off negotiations with Israel failed to produce a state, said pollster Khalil Shikaki.Two-thirds of Palestinians favor peaceful protests, while one-third says the Palestinians should resume armed struggle, according to Shikaki's poll.Still, some worried about possible repercussions from the U.S. or Israel. Members of Congress have threatened to cut hundreds of millions of dollars in U.S. aid to the Palestinians.Palestinians fear Israeli troops could tighten West Bank checkpoints or that Israel could suspend the transfer of tax funds it collects on behalf of the Palestinians.Now the Israelis will have more reasons to send us back from checkpoints, to tell us go back to your state, said Mahmoud Khalil, a 30-year-old from Ramallah.Associated Press writers Dalia Nammari in Ramallah and Nasser Shiyoukhi in Hebron contributed to this report.

Prosor Working to Keep US From Having to Use Veto-UN envoy Ron Prosor hopes to build a bloc of 7 votes against the PA statehood bid to save the US from having to use its veto in the UNSC By Gavriel Queenann First Publish: 9/23/2011, 3:15 AM

Israeli Ambassador to the United Nations Ron Prosor said Thursday he is working to create a bloc of seven votes against PA chairman Mahmoud Abbas' statehood bid in the Security Council on Friday.We're still trying to get a block of seven countries, Prosor told the Hebrew-language Walla! Prosor said he was working with US diplomats to create a bloc against the PA bid in order to render the promised US veto of Abbas' move moot, thereby saving Washington political capital.The purpose of building the bloc is to allow space for political maneuvering, Prosor explained.For PA chairman Mahmoud Abbas' statehood gambit to pass it must gain nine affirmative votes in the 15-member Security Council with no permanent members exercising their veto.Israel only needs seven votes in the council to defeat the measure without the US exercising its veto because Nigeria has said it will abstain.Several Security Council members, notably veto-wielding England and France, have not announced their votes hoping Abbas can be persuaded to drop his bid and return to negotiations as the clock runs out.

According to Prosor, the Security Council is not expected to vote on Abbas' resolution until Friday afternoon.After all of the speeches, Abu Mazen must submit his request to the Security Council, Prosor explained.I hope I have enough time to build the bloc and put the United Nations back on the path of direct negotiations. The Palestinians need to stop speech making, Prosor told Arutz Sheva during an interview on Thursday, and come back to peace making.

Ahmadinejad: Zionism Sacred to West-Iranian president Mahmoud Ahmadinejad repeated well-worn themes at the UN such as Holocaust denial, imperialism, lambasting Israel.By Gavriel Queenann First Publish: 9/22/2011, 10:27 PM

Iranian President Mahmoud Ahmadinejad on Thursday launched into his customary tirade against Israel and the West at the United Nations.Announcing he planned to analyze the current situation from a different angle,Ahmadinejad immediately lambasted Israel saying the Zionist regime imposes terror on the Palestinian people.Ahmadinejad also cast aspersion on the Holocaust and hinted the September 9/11 attacks occurred under dubious circumstances as well.The world, Ahmadinejad mused, must wonder, if after six decades the Holocaust is still used as an excuse to pay ransom to the Zionists… what will happen if the same amount of money was allocated to poor nations? He then accused the United States and its allies of threatening anyone who questions the Holocaust and the events of 9/11 with military actions… and treating Zionism as sacred.In addition, Ahmadinejad questioned why U.S. troops did not take Osama bin Laden alive and put him on trial.The statement prompted the American and French ambassadors – followed by dozens of other delegates – to leave the Assembly Hall.Ahmadinejad's trademark surreal rhetoric and nutty analysis of world events has long been seeped with Holocaust denial and 9/11 conspiracy theories.His government has also underwritten Holocaust denial conferences and studies.Ahmadinejad's hateful remarks outraged the American diplomats, who walked out during the speech:
http://www.youtube.com/watch?v=JBmnwgLjOM8&feature=player_embedded

Erdogan Slams Israel in UN: Israel’s Leaders Bury Peace-Turkish Prime Minister Erdogan takes advantage of his speech at the UN General Assembly to once again attack Israel.By Elad Benari First Publish: 9/23/2011, 1:11 AM

Turkish Prime Minister Recep Tayyip Erdogan took advantage of his speech at the UN General Assembly on Thursday to attack Israel, something he has made a habit of doing in recent months.Israel did not comply with 89 UN resolutions and the UN is not helping to put an end to tragedy of the Palestinians, Channel 10 News quoted Erdogan as saying.We cannot leave this issue unresolved - the international community must act quickly and heal this wound, Erdogan added, stressing that the international community must put pressure on Israel and agree to the Palestinian Authority’s request for recognition of an independent state.He blamed the Netanyahu government for the current political deadlock, saying, Those who are in power in Israel do not build peace but bury peace. Those who are in power in Israel must understand that true security comes with a genuine peace. There is nothing that can replace peace.Erdogan referred to his country’s diplomatic row with Israel over the 2010 flotilla and once again demanded that Israel apologize for the deaths of nine Turkish nationals on the Mavi Marmara.

Israel must apologize, pay compensation, and remove the blockade on Gaza, Erodgan was quoted as saying, making it clear once again that these are his terms for normalizing relations with Israel.He emphasized, however, that Turkey has no problem with the Israeli people.Turkey downgraded its relations with Israel earlier this month, after the UN’s Palmer Report on the flotilla concluded that Israel faces a real threat to its security from militant groups in Gaza and determined that Israel’s naval blockade on the region was imposed as a legitimate security measure.
Israel has reiterated that it has no intention of apologizing for the deaths of the nine IHH terrorists who died when IDF soldiers boarded the Mavi Marmara and were attacked by the so-called peace activists on board.

Chief of Staff: PA Containing Demos-Lt. Gen. Gantz says: PA and its agencies are working to contain September events, voices hope this will continue.By Gil Ronen First Publish: 9/23/2011, 12:13 AM

Lt. Gen. Benny Gantz, IDF Chief of Staff, said Thursday that the Palestinian Authority (PA) has been preventing September events from spilling out of the territory it controls.Until now, the PA and its agencies have been working to contain the events within the Palestinian cities and I hope this continues in the coming days, Gantz said. I have given instructions to deploy the forces on the ground and be on alert in view of the challenges of the moment,he said. Besides instruction, training and equipping the forces with the right means – there is no substitute for the presence of mind and determination of our commanders and to their presence at the front, leading the forces.He was speaking at a memorial ceremony for fallen soldiers from the Armored Corps.

France Offers Compromise on PA's Statehood Bid-French President Nicolas Sarkozy suggests: The PA will upgrade it status in the UN and we'll offer peace solutions within a year.By Elad Benari First Publish: 9/22/2011, 6:12 AM

French President Nicolas Sarkozy suggested on Wednesday that the United Nations admit Palestine as a non-member state and upgrade its status to simple observer while opposing the Palestinian Authority’s bid for full membership.Sarkozy made the suggestion during a speech to the UN General Assembly, in which he also called for one year to reach a definitive agreement between Israel and the PA, AFP reported.
Sarkozy’s suggestion is aimed to avoid a showdown on Friday, when PA Chairman Mahmoud Abbas plans to present his unilateral statehood bid to the UN. His suggestion would be a middle ground between Abbas’ bid the U.S. determination to block the effort by using its veto power.Each of us knows that Palestine cannot immediately obtain full and complete recognition of the status of United Nations member state, AFP quoted Sarkozy as saying. The first reason for this is the lack of trust between the main parties.He added, But who could doubt that a veto at the Security Council risks engendering a cycle of violence in the Middle East? Must we therefore exclude an intermediate stage? Why not envisage offering Palestine the status of United Nations observer state? This would be an important step forward.

Under UN rules, noted AFP, non-member status would require only a straight majority in the General Assembly where no veto is possible. Such a move would give the PA access to international organizations such as the World Health Organization and perhaps the International Criminal Court.According to the report, Sarkozy also called for greater involvement of the international community in the peace process, suggesting the process led by the United States was leading nowhere.Let us stop believing that a single country or a small group of countries can resolve so complex a problem, Sarkozy said. Too many crucial players have been sidelined for our efforts to succeed. After so many failures, who still believes that the peace process can succeed without Europe? Who still believes that it can succeed without the involvement of all the permanent members of the Security Council? Who still believes that it can succeed without the involvement of the Arab states that have already chosen peace? As part of his compromise, he offered a timeline to restart negotiations: One month to resume discussion, six months to find an agreement on borders and security; and one year to reach a definitive agreement, Sarkozy was quoted as saying.A spokesman for Abbas later told the PA-based Ma’an news agency Abbas would study Sarkozy’s proposals, not guaranteeing that he would agree.

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.

Category 2 Hurricane Hilary Shares Name with 8 Other Storms ContributorNetwork Marilisa Kinney Sachteleben – SEPT 22,11

Hurricane Hilary, in the Pacific Ocean, was upgraded from tropical storm to Category 2, when she reached sustained 105 mph winds off the south-southeastern coast of Acapulco, Mexico, Thursday. Hurricane warnings are in effect for Lagunas de Chacahua to Punta San Telmo, in Mexico.A storm watch is in effect from Punta San Telmo to Manzanillo in Mexico. Hurricane Hilary is moving 10 miles an hour north-northwest and is 90 miles away from Acapulco. Hurricane Hilary at a Category 2, is still a moderate storm, but is predicted to become a major storm. A major hurricane has winds over 110 mph. Originally Hilary was expected to become a major storm by Friday, but has been bumped up to Thursday night.Unlike Hurricane Irene, which was an Atlantic Basin storm, Hilary is an Eastern Pacific storm. Hurricane season for the Pacific storms is May 15-November 30. These storms are sometimes referred to as tropical cyclones. Currently, in the Atlantic, Tropical Storm Ophelia off the coast of Florida, is weak and disorganized. Top wind speeds are 65 mph and expected to dissipate in the next 48 hours.

Storms are categorized using the Saffir-Simpson Scale on internal atmospheric pressure and wind speed. Storms begin as tropical depressions (atmospheric lows). The lower the pressure, measured in millibars, the more potential for damage the storm has. Hurricane Hilary has a internal pressure of 973 mbs. You can track Hilary's progress with this interactive tracking app from Storm Pulse.Hurricane Hilary 2011, joins eight other storms named Hilary. Beginning in 1950, hurricanes and tropical storms were named using ICAO (International Civil Aviation Organization) alphabet, which employs code words for letters. Starting with the first storm of the season, they went through the alphabet with names like Hurricane Able, Baker, Charlie, etc. In 1953, storm trackers began using female names following cycles. They began alternating male-female names in 1979. They retired names if the damage was significant, too. Storms named Hilary were all tropical Pacific cyclones. Few did any damage nor caused deaths and the name was not retired.

* August 10,1967: Tropical Storm Hilary, later downgraded to tropical depression.

* July 26- August 7, 1971: Hurricane Hilary

* August 13-17, 1975: Tropical Storm Hilary

* August 21-28, 1981: Hurricane Hilary

* July 31- August 9, 1987: Category 3

* August 17-27, 1993: Category 3, best known Hurricane Hilary, no deaths

* September 17-21, 1999: The only thing notable about this storm is its proximity to the current Hurricane Hilary.

* August 19-25, 2005: Category 2, no lives lost, occurred in the same year as the spate of Atlantic hurricanes, including Katrina.

Marilisa Kinney Sachteleben writes about weather from 25 years teaching various sciences.

Deadly typhoon leaves Japan; nuclear plant intact
AP By YURI KAGEYAMA, Associated Press – Thu Sep 22, 3:22 am ET

TOKYO – The second major typhoon in a month made its way out of Japan on Thursday after triggering landslides and floods that left at least 16 people dead or missing but sparing a crippled nuclear plant from major damage.There had been concerns that Typhoon Roke could pose more problems for the Fukushima Dai-ichi nuclear power plant, which was sent into meltdown by the March 11 earthquake and tsunami, but officials said the plant weathered the storm without major incident.Hiroki Kawamata, spokesman for plant operator Tokyo Electric Power Co., said several cameras set up to monitor the plant were damaged, but there had been no further leaks of radioactive water or material into the environment.We are seeing no problems so far, he said.Police and local media reported 16 people dead or missing because of the storm, most swept away by rivers swollen with rains in the southern and central regions. One person died in a landslide in northern Iwate prefecture and two people were swept away in Sendai in the northeast.The typhoon made landfall Wednesday afternoon near the city of Hamamatsu, about 125 miles (200 kilometers) west of Tokyo, and then cut a path to the northeast and through the capital before bringing new misery to the tsunami zone. It dumped up to 17 inches (42 centimeters) of rain in some areas, triggering landslides and flooding.By midafternoon Thursday, the system had weakened to a tropical storm and had moved out to sea past Japan's northern island of Hokkaido, which was not hit as hard as the main island of Honshu the day before.

On Wednesday, hundreds of tsunami survivors in government shelters in the Miyagi state town of Onagawa were forced to evacuate for fear of flooding. The storm set off landslides in parts of Miyagi that already were hit by the March disasters. The local government requested the help of defense troops, and dozens of schools canceled classes.Strong winds snapped power lines in many areas, and officials said more than 200,000 households in central Japan were without electricity.Overnight in Tokyo, where many rush hour trains were suspended for hours, thousands of commuters got stuck at stations across the sprawling city and stood in long lines for buses and cabs.Fire department officials reported three people injured in Tokyo, but other than the inconvenience of transportation gridlock and winds that made it difficult to walk around the city, the storm passed through without incident.Heavy rains prompted floods and caused road damage earlier in dozens of locations in Nagoya and several other cities, the Aichi prefectural government said. More than 200 domestic flights were canceled.A typhoon that slammed Japan earlier this month left about 90 people dead or missing.Associated Press writer Mari Yamaguchi contributed to this report.