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(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
http://www.youtube.com/watch?v=9PX-vW4VccY&feature=player_embedded#!
http://www.theglobeandmail.com/globe-investor/markets/indexes/
HALF HOUR DOW RESULTS MON MAY 07,2012
09:30 AM-2.43
10:00 AM-47.91
10:30 AM-63.16
11:00 AM-45.12
11:30 AM-38.37
12:00 PM-37.07
12:30 PM-28.95
01:00 PM-11.92
01:30 PM-1.40
02:00 PM-1.32
02:30 PM-7.72
03:00 PM-15.78
03:30 PM-8.17
04:00 PM-29.74 13,008.53
S&P 500 1369.58 +0.48
NASDAQ 2957.76 +1.42
GOLD 1,638.30 -6.90
OIL 98.06 -0.43
TSE 300 11,860.66 -10.57
CDNX 1397.42 -7.63
S&P/TSX/60 673.34 +0.01
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -48 points at 4 minutes of trading today.
Dow -48 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,640.50.OIL opens at $97.17 today.
AFTERNOON,NEWS,STATS
Dow -48 points at low today so far.
Dow -1 points at high today so far.
WRAPUP,NEWS,STATS
Dow -48 points at low today.
Dow -1 points at high today.
GOLD ALLTIME HIGH $1,902.60 (NOT AT CLOSE)
By Paul Day | Reuters – 4 hrs ago MAY 7,12
The clean-up of Bankia's balance sheet, which holds around 10 percent of domestic deposits and is highly exposed to the collapsed property sector, would involve billions of euros in a state-backed loan at a rate near 8 percent, El Pais said.
The Bank of Spain and Bankia declined to comment.
Bankia's shares fell 3.3 percent to 2.373 euros shortly after they opened. Spain's country risk, as measured by the spread between yields on Spanish and German benchmark bonds, spiked up to about 429 basis points before coming back to 427 bp.
POTENTIAL COST
The euro zone's fourth-largest economy is widely considered the next weak link in the bloc's debt crisis after the rescue of Portugal, Greece and Ireland, and Bankia is at the core of market concerns over the potential cost of a Spanish bank bailout.The government has passed austerity measures worth more than 40 billion euros ($52.5 billion) for this year, in an effort to reduce a public deficit of 8.5 percent of gross domestic product last year to 5.3 percent of GDP by the end of 2012.The government has already spent 18 billion euros to clean up the country's financial sector, has forced the banks into dozens of mergers (including those which created Bankia) and to recognize more than 50 billion euros of losses on property loans and assets.
"If it were necessary to get the credit to save the Spanish financial system I would not hold back from doing what other European Union countries have done, loan them public money, but it would only be as a last resort," Rajoy said on Onda Cero radio in an interview on Monday.Rajoy's first banks reform, announced in February, has failed to convince markets that the banks have recognized sufficient losses after the bursting of a 10-year real estate bubble.Spain's banks recently presented plans to the Bank of Spain on how they would raise capital and increase provisioning against potential bad loans.Bankia told the central bank it can meet requirements for provisions against real estate losses without public money or merging with another entity, sticking with its standalone strategy.But investors have doubts about whether the strategy will work, doubts which were heightened after Bankia released 2011 accounts last week without being audited.
"Bankia is under pressure to present a recapitalization plan with disposals, and the fact that it hasn't published its 2011 audited accounts isn't helping the situation," Madrid brokerage Renta4 said in a note to clients.El Pais said the government would refinance Bankia through a hybrid form of debt known as contingent capital, which converts to equity in times of stress.Bankia and its parent company Banco Financiero y de Ahorros (BFA) could need between 5 billion euros and 10 billion, the paper said.
(Additional reporting by Julien Toyer, Jesus Aguado, Blanca Rodriguez and Robert Hetz; Editing by Dan Lalor and David Holmes)
By Dina Kyriakidou and Harry Papachristou | Reuters – 14 hrs ago MAY 7,12
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(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
http://www.youtube.com/watch?v=9PX-vW4VccY&feature=player_embedded#!
http://www.theglobeandmail.com/globe-investor/markets/indexes/
HALF HOUR DOW RESULTS MON MAY 07,2012
09:30 AM-2.43
10:00 AM-47.91
10:30 AM-63.16
11:00 AM-45.12
11:30 AM-38.37
12:00 PM-37.07
12:30 PM-28.95
01:00 PM-11.92
01:30 PM-1.40
02:00 PM-1.32
02:30 PM-7.72
03:00 PM-15.78
03:30 PM-8.17
04:00 PM-29.74 13,008.53
S&P 500 1369.58 +0.48
NASDAQ 2957.76 +1.42
GOLD 1,638.30 -6.90
OIL 98.06 -0.43
TSE 300 11,860.66 -10.57
CDNX 1397.42 -7.63
S&P/TSX/60 673.34 +0.01
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -48 points at 4 minutes of trading today.
Dow -48 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,640.50.OIL opens at $97.17 today.
AFTERNOON,NEWS,STATS
Dow -48 points at low today so far.
Dow -1 points at high today so far.
WRAPUP,NEWS,STATS
Dow -48 points at low today.
Dow -1 points at high today.
GOLD ALLTIME HIGH $1,902.60 (NOT AT CLOSE)
Spain to announce clean-up plan for Bankia: sources
By Paul Day | Reuters – 4 hrs ago MAY 7,12
MADRID (Reuters) - Spain is set to announce a rescue plan for ailing bank Bankia SA
as part of a wider reform of the deeply troubled banking sector, whose
woes threaten Spain's financial stability and the euro zone as a whole,
sources said on Monday.The reform of Bankia, saddled with huge toxic loans
which put it at the heart of Spain's banking crisis, will include cash
injections and a management shakeout, a government source and another
source said. The lender is run by Rodrigo Rato, a former minister for
the ruling centre-right People's Party.However the sources declined to confirm reports Bankia -
an agglomeration of local banks or "cajas" - would need as much as 10
billion euros ($13 billion) in capital, and it was not clear how the
government, struggling to reduce its deficit, will raise the money.Spanish Prime Minister Mariano Rajoy
said on Monday his government will detail a fresh banking system reform
on Friday, saying he would use state money to help lenders, but only as
a last resort. He said the plan would not affect the public deficit.
"The plan is being finalized by the Economy Ministry and the Bank of Spain. It will include major changes in the management," one of the sources said.The Bankia rescue will dovetail with a wider plan to
create a so-called bad bank to park and eventually sell off toxic real
estate assets held by the banks.The clean-up of Bankia's balance sheet, which holds around 10 percent of domestic deposits and is highly exposed to the collapsed property sector, would involve billions of euros in a state-backed loan at a rate near 8 percent, El Pais said.
The Bank of Spain and Bankia declined to comment.
Bankia's shares fell 3.3 percent to 2.373 euros shortly after they opened. Spain's country risk, as measured by the spread between yields on Spanish and German benchmark bonds, spiked up to about 429 basis points before coming back to 427 bp.
POTENTIAL COST
The euro zone's fourth-largest economy is widely considered the next weak link in the bloc's debt crisis after the rescue of Portugal, Greece and Ireland, and Bankia is at the core of market concerns over the potential cost of a Spanish bank bailout.The government has passed austerity measures worth more than 40 billion euros ($52.5 billion) for this year, in an effort to reduce a public deficit of 8.5 percent of gross domestic product last year to 5.3 percent of GDP by the end of 2012.The government has already spent 18 billion euros to clean up the country's financial sector, has forced the banks into dozens of mergers (including those which created Bankia) and to recognize more than 50 billion euros of losses on property loans and assets.
"If it were necessary to get the credit to save the Spanish financial system I would not hold back from doing what other European Union countries have done, loan them public money, but it would only be as a last resort," Rajoy said on Onda Cero radio in an interview on Monday.Rajoy's first banks reform, announced in February, has failed to convince markets that the banks have recognized sufficient losses after the bursting of a 10-year real estate bubble.Spain's banks recently presented plans to the Bank of Spain on how they would raise capital and increase provisioning against potential bad loans.Bankia told the central bank it can meet requirements for provisions against real estate losses without public money or merging with another entity, sticking with its standalone strategy.But investors have doubts about whether the strategy will work, doubts which were heightened after Bankia released 2011 accounts last week without being audited.
"Bankia is under pressure to present a recapitalization plan with disposals, and the fact that it hasn't published its 2011 audited accounts isn't helping the situation," Madrid brokerage Renta4 said in a note to clients.El Pais said the government would refinance Bankia through a hybrid form of debt known as contingent capital, which converts to equity in times of stress.Bankia and its parent company Banco Financiero y de Ahorros (BFA) could need between 5 billion euros and 10 billion, the paper said.
(Additional reporting by Julien Toyer, Jesus Aguado, Blanca Rodriguez and Robert Hetz; Editing by Dan Lalor and David Holmes)
Angry Greeks reject bailout, risk euro exit
By Dina Kyriakidou and Harry Papachristou | Reuters – 14 hrs ago MAY 7,12View PhotoREUTERS - REFILE - ADDITIONAL CAPTION INFORMATION A girl smokes a cigarette before the arrival of Greek Socialist PASOK party leader Evangelos Venizelos during a rally in Athens May 4, 2012. Venizelos is running
ATHENS
(Reuters) - Greek voters enraged by economic hardship caused by the
terms of an international bailout turned on ruling parties in an
election on Sunday, putting the country's future in the euro zone at
risk and threatening to revive Europe's debt crisis.The latest official results, with over 61 percent of the vote
counted, showed the only two major parties supporting an EU/IMF program
that keeps Greece from bankruptcy would be hard pressed to form a
lasting coalition.Conservative New Democracy and Socialist PASOK, who have
dominated Greece for decades, were holding less than 35 percent of the
vote. That would mean they might only scrape the 151-seat threshold
needed for even the most fragile majority in parliament.Once mighty PASOK looked set to be pushed into third place by
the anti-bailout Left Coalition party, in a stunning vote against
austerity policies that have caused deep hardship in one of Europe's
worst postwar recessions.New Democracy was polling just under 20 percent and PASOK a humiliating 13.6 percent with the Left Coalition on 16.2.In the last election in 2009, PASOK won a landslide victory with 44 percent and the Left Coalition had just 5 percent."I cannot take it anymore, living as beggars in our own
country. The Left Coalition can shake them up, and wake them up," said
Kate Savvidou, 65, a pensioner who deserted PASOK.Left Coalition leader Alexis Tsipras, at 37 Greece's youngest
political leader, hailed a peaceful revolution and said German
Chancellor Angela Merkel should understand that austerity policies had
been defeated."Greek people gave a mandate for a new dawn with solidarity and justice instead of barbaric bailout measures," he said.In another indication of the extent of public anger, the
extreme right Golden Dawn party was poised to take nearly 7 percent of
the vote. This would allow such a party to enter parliament for the
first time since the fall of a military dictatorship in 1974.New Democracy leader Antonis Samaras called for a pro-European
national salvation government that would keep Greece in the euro zone.
PASOK leader Evangelos Venizelos also called for a unity government,
saying his party had paid the price for handling the sovereign debt
crisis.But the small parties who gained in the election are all
against the bailout, while being too divided to form an alternative
coalition.If the results are confirmed, the election could plunge Greece
into new political turmoil, reigniting a euro zone debt crisis first
detonated by Athens in 2009, and starting it down a path that could take
it out of the euro.The Greek electoral shock coincided with the victory of
Socialist Francois Hollande in France's presidential election and was
likely to add to pressure for resistance to German-led austerity
policies.Italian technocrat Prime Minister Mario Monti, who faces
increasing resistance to austerity at home, phoned Hollande and other
European leaders after the election results to push for pro-growth
policies.
FRAGMENTATION
Several analysts said the unprecedented fragmentation of the vote could bode weeks of instability and force another election.But a New Democracy source said the party would not ask for repeat elections if it finished up as the largest party. Samaras is likely to be invited to try to form a government on Monday.
"This election was suppose to punish major parties and if they didn't manage to get a majority it was a punishment vote indeed," said Blanka Kolenikova of IHS Global Insight.Greeks angry at record unemployment, collapsing businesses and steep wage cuts ignored warnings that a vote against the harsh terms of the bailout would push Greece towards bankruptcy."The exit polls confirm what has been patently clear for some time: there's no political consensus for the kind of reforms that Greece must implement if it wants to remain in the euro zone," said Nicholas Spiros of Spiro Sovereign Strategy.Othon Anastasakis, director of southeast European studies at Oxford University told Reuters: "Greeks are sending a very strong message abroad, which is enough with austerity."
FRAGMENTATION
Several analysts said the unprecedented fragmentation of the vote could bode weeks of instability and force another election.But a New Democracy source said the party would not ask for repeat elections if it finished up as the largest party. Samaras is likely to be invited to try to form a government on Monday.
"This election was suppose to punish major parties and if they didn't manage to get a majority it was a punishment vote indeed," said Blanka Kolenikova of IHS Global Insight.Greeks angry at record unemployment, collapsing businesses and steep wage cuts ignored warnings that a vote against the harsh terms of the bailout would push Greece towards bankruptcy."The exit polls confirm what has been patently clear for some time: there's no political consensus for the kind of reforms that Greece must implement if it wants to remain in the euro zone," said Nicholas Spiros of Spiro Sovereign Strategy.Othon Anastasakis, director of southeast European studies at Oxford University told Reuters: "Greeks are sending a very strong message abroad, which is enough with austerity."
Europe's left-wing turn worries markets
Today @ 09:26 MAY 7,12
BRUSSELS - With a Socialist president
in France and a strong popular mandate in Greece for re-negotiating the
terms of its bail-out, the German-driven focus on budget discipline in
Europe may have to soften.
- With Sarkozy gone, Merkel has lost an important ally in her austerity drive (Photo: consilium.europa.eu)
- The euro traded at its lowest in three months on Asian markets Monday morning (7 May), down to $1.29 from $1.3 on Friday. It also fell against the Japanese yen from 104.5 on Friday to 103.4.An investor note from the National Australia Bank spelled out the worries: "The Hollande win in France is not necessarily a surprise. However it brings home the reality that incumbents following the prescribed austerity measures are going to find it difficult to remain elected.""What happens to these austerity measures now are what are weighing on (the euro)," the bank said.Budget discipline and austerity were one of the main topics in the French election campaign, with Hollande leading calls to re-focus on growth-spurring measures instead of deepening the recession with budget cuts.In Greece, pro-bail-out parties that had signed up to the austerity programme were punished by voters, with a radical-left coalition coming in second. The leader of New Democracy, the party which scored most but not enough to rule alone or with its former ally, said he is willing to form a broad coalition provided Greece stays in the euro and the terms of the bail-out are re-negotiated.Back in Berlin, Chancellor Angela Merkel took her time in congratulating Francois Hollande, some three hours after the exit polls were announced. Her spokesman Steffen Seibert tweeted that they "both aspire to collaborate closely" and that she invited Hollande to Berlin soon after his inauguration.Merkel - from the same centre-right political family as Nicolas Sakozy - had refused to meet the Socialist candidate before the vote and publicly supported Sarkozy. This came after Hollande repeatedly stated he will re-open the recently signed treaty enshrining a balanced budget rule in national law, a German condition for further bail-outs.German papers on Monday morning read the Greek and French election results as an "anti-German" vote, making her increasingly isolated on EU stage when it comes to fiscal discipline. In addition, regional elections in the northern part of Germany have weakened her party and bolstered the junior coalition partner, the liberal Free Democrats.In Brussels, EU officials were keen to show themselves in tune with the underlying message of the two votesEU commission chief Jose Manuel Barroso congratulated Hollande on his win noting that he met the French politician last November and they clearly have a "common objective": "To relaunch the European economy so as to generate sustainable growth on a solid base and creating new jobs."The litmus test for the commission's commitment to the strengthened fiscal discipline rules will be on 30 May, when it is supposed to assess for the first time the budgets and plans of member states to reduce their deficits.Out of the EU's 27 members, only Estonia, Finland, Luxembourg and Sweden are in line with the rules, all other countries are under the so-called excessive deficit procedure which can lead to fines or, in the case of non-euro countries, to having their EU funds suspended.
Hollande elected next president of France
06.05.12 @ 20:08
- By Honor Mahony
- BRUSSELS - Francois Hollande is to be the next president of France after initial results showed that around 52 percent of voters cast their ballot for the socialist and self-styled Monsieur Normal.Speaking after his win, Hollande said that the French had vote for "change.""Austerity can no longer be an inevitability in Europe," he said, alluding to the on-going European discussion about the merits of constant economic belt-tightening.After a bitterly-fought campaign characterised by a strong level of personal animosity between Hollande and the centre-right incumbent Nicolas Sarkozy, the low-key winner inherits something of a poisoned chalice.Growth in France is forecast for 0.5 percent in 2012 while unemployment is at almost 10 percent, a 12-year high. Hollande ran his campaign on an anti-austerity platform but has still promised to balance the budget books by 2017.In a TV duel watched by around 17 million people on Wednesday evening, Hollande raised the stakes for himself by repeatedly attacking Sarkozy's "failed" record on unemployment reduction.He promised to be a more unifying president in contrast to the frenetic and at times abrasive style of Nicolas Sarkozy.
- Hollande, who has never held a ministerial post, has also promised to cap petrol prices, create 60,000 teaching jobs, impose a 75 percent tax on the super-rich and establish a Public Investment Bank to fund new projects.As far as the rest of Europe is concerned, one of the most pertinent issues is what exactly Hollande means when he says he wants to renegotiate the Germany-driven fiscal compact treaty - a short document signed early this year by 25 member states enshrining balanced budgets into national law.The 57-year old socialist says he wants to include more growth elements in the text, which focusses only on budget rigour.For political aficionados, relations between German Chancellor Angela Merkel and Hollande will be a must-see. The president-elect distanced himself from Germany's economic vision for Europe early on in the campaign. Merkel returned the political favour by refusing to meet him in Berlin and openly campaigning for her centre-right colleague Sarkozy.Jean-Marc Ayrault, a close aide to the president-elect, indicated that Hollande would be in contact with Berlin already on Sunday evening.Hollande's win represents a boost for the left in Europe which has been frustrated by it inability to politically capitalise on the financial crisis but the EU remains dominated by the right.As for Sarkozy himself, he is the first one-term president since 1981. He has previously indicated that he would leave politics if not re-elected and dismissed out of hand an EU job implying he has too big an ego to be the consensus-builder needed for the European Council president and that the European Commission president job is beneath him.
