COPTIC CHRISTIAN NAMED AS FILM MAKER

KING JESUS IS COMING FOR US ANY TIME NOW. THE RAPTURE. BE PREPARED TO GO.

UREIL BEN AVRAHAM - NEWS FROM ISRAEL TODAY
http://www.youtube.com/user/mruriel2004?feature=results_main

PERSECUSSION,BEHEADINGS

JESUS PERSECUTED BIGTIME

PSALMS 14:1
1 The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good.

ISAIAH 53:4
4 Surely he hath borne our griefs, and carried our sorrows: yet we did esteem him stricken, smitten of God, and afflicted.

MATTHEW 9:34
34 But the Pharisees said, He casteth out devils through the prince of the devils.

JOHN 8:41
41 Ye do the deeds of your father. Then said they to him, We be not born of fornication; we have one Father, even God.

JOHN 10:20
20 And many of them said, He hath a devil, and is mad; why hear ye him?

PHILIPPIANS 2:10-11(JESUS GETS REVENGE)
10 That at the name of Jesus every knee should bow, of things in heaven, and things in earth, and things under the earth;
11 And that every tongue should confess that Jesus Christ is Lord, to the glory of God the Father.(JUDGEMENT SEAT OF CHRIST AND FOR SINNERS, THE GREAT WHITE THRONE FINAL JUDGEMENT).

WE ARE CHRISTIANS WE WILL BE TREATED THE SAME.

2 TIMOTHY 3:1-5 (WHY WE ARE PERSECUTED BY THE WORLD)
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good,
4 Traitors, heady, highminded, lovers of pleasures more than lovers of God;
5 Having a form of godliness, but denying the power thereof: from such turn away.

MATTHEW 5:10-12
10 Blessed are they which are persecuted for righteousness’ sake: for theirs is the kingdom of heaven.
11 Blessed are ye, when men shall revile you, and persecute you, and shall say all manner of evil against you falsely, for my sake.
12 Rejoice, and be exceeding glad: for great is your reward in heaven: for so persecuted they the prophets which were before you.

MATTHEW 24:9
9 Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name’s sake.

JOHN 15:18-20
18 If the world hate you, ye know that it hated me (JESUS) before it hated you.
19 If ye were of the world, the world would love his own: but because ye are not of the world, but I have chosen you out of the world, therefore the world hateth you.
20 Remember the word that I said unto you, The servant is not greater than his lord. If they have persecuted me, they will also persecute you; if they have kept my saying, they will keep yours also.

REVELATION 6:9-11
9 And when he had opened the fifth seal, I saw under the altar the souls of them that were slain(BEHEADED) for the word of God, and for the testimony which they held:
10 And they cried with a loud voice, saying, How long, O Lord, holy and true, dost thou not judge and avenge our blood on them that dwell on the earth?
11 And white robes were given unto every one of them; and it was said unto them, that they should rest yet for a little season, until their fellowservants also and their brethren, that should be killed as they were, should be fulfilled.

REVELATION 20:4
4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.

OH THE SO CALLED SECRET IS OUT.YES OF COURSE IT WAS AN EX COPTIC CHRISTIAN FROM EGYPT THAT MADE THIS FILM.AND OF COURSE THE HOMOSEXUAL (SODOMITE RAINBOW GROUPER) ,CIA AGENT ANDERSON COOPER OF CNN WAS ALL OVER THIS STORY AND THE MOVIE.WHATS MY TAKE ON THIS:THAT THIS SO CALLED COPTIC CHRISTIAN WHO HAS AT LEAST 9 OTHER NAMES WAS PROBABLY A CIA AGENT WHO NEEDED A FALSE FLAG TO KEEP OBAMA FRAUD BARRY SOETORO IN POWER TO GET RE-ELECTED.SO HE DISQUISED HIMSELF AS A CHRISTIAN,MADE THE MOVIE ON PURPOSE TO GET THE MURDERER ARAB/MUSLIMS GOING.RELEASED IT ON THE INTERNET AND COOPER HIMSELF SAID HE SHOWED IT IN EGYPT.MY QUESTION IS TO WHO-ALL THE CIA EGYPTIAN AGENTS AND AMERICAN CIA AGENTS.SO THEY COULD SPREAD THE WORD IN EGYPT TO MURSI OF THE MUSLIM BROTHERHOOD AND TELL HIS MURSI CHICAGO THUGS ARAB/MUSLIMS.GO DO YOUR STUFF.YOU KNOW WHAT TO DO.BUT COVER UP EGYPTS ROLE AND THE CIA AGENTS ROLES BY STARTING THE FUSS IN LIBYA.WE MUSLIM BROTHERHOOD KNOW THE MURDERER ARAB/MUSLIMS WILL RIOT -BURN - KILL WORLDWIDE UNDER THE GUISE OF BLASPHEMING THEIR PEDOPHILE PROPHET MOHHAMID WHO ISLAM CLAIM AS THEIR GOD NOW.WHATEVER HAPPENED TO ALLAH THEIR REAL INVISIBLE PRETEND GOD. THIS FRAUD SO CALLED COPTIC CHRISTIAN IS A PRETEND CHRISTIAN AND STILL A MUSLIM OR HE WOULD NOT HAVE FRAUDED PEOPLE JUST LIKE HIS PAL OBAMA IS THE ILLEGAL FRAUD IN OFFICE.
http://www.businessinsider.com/nakoula-bassely-nakoulas-fraud-history-2012-9 

NOW WE FIND OUT 2 OF THE DEAD IN THE LIBYA ARAB/MUSLIM MURDERS WERE NAVY SEALS.NOW MAYBE WERE GETTING DOWN TO THE REAL REASON THIS WAS DONE.MAYBE TO SHUT UP A COUPLE NAVY SEALS FOR REVEALING THE REAL TRUTH ABOUT THE FRAUD SETUP KILLING OF OSAMA BIN LADEN.THAT THE KILLING WAS A HOAX TO TRY TO GET OBAMA RE-ELECTED.WE HAVE PRETTY GOOD PROOF OSAMA BIN LADEN HAS BEEN DEAD SINCE 2002.MAYBE THE 2 SEALS THAT WERE KILLED IN LIBYA WORKED WITH THE GUY WHO WROTE THE BIN LADEN BOOK AND JUST RELEASED ON SEPTEMBER 4,2012.THEN ON SEPT 11,12 WHEN THE BOOK WAS TO BE RELEASED,THIS ARAB/MUSLIM MURDER OF THE 2 NAVY SEALS.SOMETHING STINKS BAD AY OBAMA.NOW OBAMA CAN PLAY THE HERO AND GET RE-ELECTED.OBAMA QUIT TRYING TO PULL FROZEN BODIES LIKE BIN LADENS OUT OF THE FREEZER AND QUIT KILLING OFF SUPPOSED AL-QUIDA MEMBERS 5 OR 6 TIMES THE SAME PERSON.YOU WOULD THINK THE AMERICAN CITIZENS WOULD CATCH ON TO YOUR AND THE MEDIAS SCHEMES TO TRY ANYTHING TO GET YOU OBAMA RE-ELECTED.
http://www.infowars.com/red-alert-government-had-osama-bin-laden-frozen-for-years/
http://www.infowars.com/articles/iraq/al_qaeda_another_leader_killed_twice_by_us.htm
http://www.infowars.com/us-ambassadors-death-fruits-of-us-foreign-policy/ 

http://www.independent.co.uk/news/world/politics/revealed-inside-story-of-us-envoys-assassination-8135797.html 

THE HATE WILL BE ON BIGTIME NOW FOR CHRISTIANS.I JUST HOPE AND PRAY GOD FORCES NOW THE RUSSIA/ARAB/MUSLIM ARMIES AGAINST ISRAEL SO 300 MILLION OF THESE MURDERERS WILL GET EATIN BY THE MIGRATING BIRDS IN ISRAEL AS MIGRATION BIRDS OF 500 MILLION ARE IN ISRAEL FOR THE FALL MIGRATION.AFTER ALL ITS EGYPT THAT HASSLES ISRAEL TO START OFF WAVE 1 OF WW3.

DANIEL 11:40
40 And at the time of the end shall the king of the south ( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over. 

THIS IS DURING THE 7 YR TRIBULATION PERIOD THIS SCRIPTURE.BUT MAYBE THIS UPRISING IS A FORRUNNER AND EGYPT HASSLES ISRAEL AND ISRAEL ENDS UP DEMOLISHING ONLY SOME OF THE ARAB NATIONS AS WELL AS IRAN,SYRIA THIS TIME AROUND.THIS WOULD GIVE ISRAEL SOME OF THEIR PROMISED LAND PROMISED BY GOD TO THEM SO ISRAEL CAN EXPAND AND POSSIBLY ISRAEL WILL GET A MULTI QUADRILLION DOLLAR OIL FIND ON ONE OF THESE ARAB/MUSLIM COUNTRIES THEY OVERTAKE AS THEIRS.ISRAEL INSTANTLY BECOMES OIL RICH,THEN THE MOOD IS SET FOR THE DESTRUCTION OF MOST OF THE ARAB/MUSLIM COUNTRIES ON EARTH.

I WROTE THE CHRISTIAN PERSECUSSION ABOUT 8 AM.AND NOW ITS 2:30PM SEPT 14,12 AND WE GOT A STORY THE MUSLIMS WILL SLAUGHTER THE COPTIC CHRISTIANS IN EGYPT.

gypt's Christians face mass slaughter by Islamists

Coptic ties to 'anti-Muslim' film used to target minorities

Published: 35 mins ago SEPT 14,12

by Aaron KleinEmail |

NEW YORK – The Coptic Christian community in Egypt now is under threat of mass slaughter from Islamists under the pretense of revenge for a movie that depicts the Quranic figure Muhammad in a negative light, a senior Egyptian military official told WND.The producers of the “Innocence of Muslims” movie reportedly are tied to the Coptic faith. Reports are claiming the movie sparked anti-U.S. attacks in Egypt and Libya, including the killing this week of the U.S. ambassador to Libya. However, some security officials believe the violence to be premeditated.The Egyptian military official said today that Islamic groups are threatening to slaughter “the whole Christian Coptic community” in the city of Naja Hamadi, located about 60 miles from Cairo. Naja Hamadi contains a large Coptic community.Two Egyptian immigrants from Southern California reportedly were forces behind the “Innocence of Muslims” movie. Joseph Nassralla Abdelmasih, the president of the Duarte-based charity Media for Christ, reportedly was a producer, while Nakoula Basseley Nakoula, a convicted felon, allowed his home to be used in the movie’s shooting.
Due to the Coptic ties of the two men, police in Los Angeles reportedly stepped up patrols around Coptic Christian houses of worship in the city, according to the LA Times. Similarly, the police presence was reportedly heightened outside Coptic churches in New York City.Copts in Egypt have reportedly been concerned about the prospects of persecution after the downfall of U.S. ally Hosni Mubarak resulted in the rise of the Muslim Brotherhood in the country’s parliament, presidency and military.While Copts were targeted by Islamists during Mubarak’s regime, such persecution has increased exponentially since Mubarak’s ouster.Just weeks after Mubarak was booted, Muslim villagers in March 2011 reportedly set fire to a Coptic church while attacking Christians on the street.Since last year, two other churches were set on fire in the Imbaba neighborhood of Cairo and in Edfu in the south of the country. Coptic Christian families were also reportedly evicted from their homes in Alexandria.Some reports say more than 200,000 Copts already have fled their homes.When Copts attempted to protest last October, security forces reportedly fired at the protesters, killing 24 and wounding more than 300 people.The Coptic Church, a major Christian community in Egypt, is said to date back to the origins of Christianity. Christians were the majority in Egypt until several centuries after the Arab conquest of the seventh century. They now make up between 5 and 10 percent of the population.

13 September 2012 Last updated at 14:23 ET

Police visit Nakoula Bassely Nakoula over 'film link'

Media crews arrived at Nakoula's house in the early hours

US police have visited the home of a California resident who admitted involvement in the film which sparked anti-US riots in the Arab world.Nakoula Basseley Nakoula, 55, of Cerritos, California, is said to be a Coptic Christian of Egyptian origin.He told the Associated Press on Wednesday that he was the manager for the company that produced the film.But he has denied being "Sam Bacile", credited as the writer and director of the film.However, the Associated Press says police now believe Mr Nakoula was in fact the director of Innocence of Muslims.Police were photographed entering and leaving Mr Nakoula's house on Wednesday night.The front door of the property is said to resemble a door used in the controversial film.

“Start Quote Sam said no this is not your fault. He said, you tell the world that I did this. That I wrote this script”

Cindy Lee Garcia Actor

A spokesman for the sheriff's department in Cerritos refused to confirm Mr Nakoula's link to the film, telling the BBC: "All we are doing is providing safety for anybody that needs it."The obscure film mocked Muslims and the Prophet Muhammad. It was shown to tiny audiences in Los Angeles in June, but has since achieved notoriety online.A clip of the film dubbed into Arabic has been blamed for sparking protests at US missions in Egypt, Libya, and Yemen.US Ambassador J Christopher Stevens and three other Americans died in an attack on the diplomatic mission in Benghazi, Libya.Unconfirmed reports suggest the Libya attack could have been planned ahead of the appearance of the film.
Mystery film The exact origin of the film and the internet clip, and the motivation behind its production, remains a mystery.
A man saying he was the writer and director, and claiming to be called Sam Bacile, spoke to a number of media outlets on Tuesday, making inflammatory anti-Islamic comments in support of the film.
He claimed to be 52, or 56, depending on the source, and to be an Israeli-born Jewish estate agent.

US Secretary of State Hillary Clinton described the video as "reprehensible"

The most offensive comments about Islam and the Prophet Muhammad had been quite obviously dubbed onto the soundtrack afterwards and not spoken by the actors, the BBC's Alastair Leithead reports.Cindy Lee Garcia, from Bakersfield in California, was quoted by the website Gawker saying she had a small role in a film which she was told would be called Desert Warriors, about life in Egypt 2,000 years ago.She threatened to sue the director for the way the actors were represented."I said why did you do this, why did you do this to us Sam," she told CBS on Wednesday. "He said no this is not your fault. He said, you tell the world that I did this. That I wrote this script."The extent of any involvement by Mr Nakoula in the film's production is not yet clear.However, court documents related to a criminal prosecution in 2010 show him using aliases including Nicola Bacily, Robert Bacily and Erwin Salameh.He pleaded no contest to federal bank fraud charges in California. US prosecutors said he set up fraudulent bank accounts using stolen identifies and Social Security numbers.In addition to restitution and 21 months in federal prison, Mr Nakoula was ordered not to use computers or the internet for five years without approval from his probation officer, AP reported.

Embassies Targeted As Film Protests Spread In Muslim Countries

Protesters scuffle with Pakistani riot police as they attempt to reach the U.S. Embassy in Islamabad during a demonstration against the anti-Islam film "Innocence of Muslims."

By RFE/RL

Last updated (GMT/UTC): 14.09.2012 19:42

U.S. and other foreign embassies have come under fresh assault in the capitals of several predominantly Muslim states as mobs continued to rage against a video made in the United States that ridiculed the Prophet Muhammad. Violent protests have broken out in a number of countries since the September 11 killing in Libya of U.S. Ambassador to Libya Christopher Stevens and three other embassy employees when armed individuals led a rocket and gun attack that destroyed the U.S. Consulate in Benghazi.In Washington, a White House spokesman said President Barack Obama had spoken to regional leaders across the Middle East to ensure the security of U.S. diplomats and missions.Press Secretary Jay Carney rejected the notion that the protests opposed U.S. policies. "This is a fairly volatile situation and it is in response not to United States policy, not to obviously the administration, not the American people," Carney said. "It is in response to a video, a film that we have judged to be reprehensible and disgusting, [but] that in no way justifies any violent reaction to it."Meanwhile, the remains of the four Americans killed in Benghazi have arrived in the United States. Obama and Vice President Joe Biden joined Secretary of State Hillary Clinton and Secretary of Defense Leon Panetta at Andrews Air Force Base for a ceremony to honor the four.U.S. officials are investigating whether the assault on the U.S. mission was a coordinated attack by militants that took advantage of protests in Muslim countries over a video mocking Islam.

Protest Deaths

With anger over the anti-Islamic film trailer spilling over into a fourth day on September 14, at least one protester was reported killed by police in the Sudanese capital, Khartoum, after protesters scaled the outer wall of the U.S. Embassy.A crowd also broke into the compound of the German Embassy and set fires and broke windows, and attacked the British Embassy."When they insult our belief, our religion, under the slogan of freedom and democracy, we say to hell with freedom and democracy when it touches the religions and faiths or people," one Sudanese protester told Reuters.In Berlin, German Foreign Minister Guido Westerwelle condemned the attack on their embassy."I sharply condemn the attacks on the German Embassy in Khartoum," Westerwelle said. "I demand from the Sudanese authorities that the safety of the German Embassy will be guaranteed immediately. I condemn this anti-Islamic hate video; but still, this cannot be a justification for the outbreak of violence. This violence must stop immediately."In Tunisia, protesters stormed the grounds of the U.S. Embassy, and scenes showed smoke coming from a fire inside the embassy compound.Official media citing the Tunisian Health Ministry said that three people had been killed and another 28 wounded in the clashes. Two of the injured reportedly were in a critical condition.There were reports of an American school being set on fire in Tunis.Security forces in the Yemeni capital, Sanaa, used water cannon and warning shots to disperse several hundred protesters trying to reach the U.S. Embassy. There were no reports of injuries. The Pentagon confirmed that U.S. marines had been dispatched to Sanaa to protect the embassy.Elsewhere in Sanaa, tens of thousands of demonstrators protested peacefully against the film. An imam leading prayers at the protest condemned an attack on the U.S. Embassy in the city on September 13, saying it "insulted Islam" as much as the movie did.

Clashes and demonstrations were also reported in Lebanon, India, Indonesia, Iran, Turkey, Pakistan, and Afghanistan.

Sudanese demonstrators stand in front of the burning German Embassy in Khartoum after Friday Prayers on September 14.​​

Skirmishes also broke out in Egypt on September 14, where the Muslim Brotherhood initially called for nationwide "peaceful protests" but later rescinded its decision out of fear of violence.The group added that the United States is not responsible for the film.Egyptian President Muhammad Morsi went on state television and called on Egyptians to protect foreign embassies. He denounced the September 11 killings in Libya of the Americans.Libya temporarily closed its airspace over Benghazi on September 14 due to security concerns. Deputy Minister of Transport Fawzi Beltamr told state media all flights to and from that eastern city had been suspended after gunshots were heard in the vicinity of the airport. He said flights resumed after the area around the airport was secured.

'Heinous Crime'

Some 200 Indonesians protested peacefully outside the U.S. Embassy in Jakarta on September 14, shouting "Death to America!" Ismail Yusanto, a spokesman for the pan-Islamic Hizb ut-Tahrir organization in Indonesia, called on Washington to take action against the film."We urge the United States to stop the film and destroy it," he said.At a protest in the Iraqi port city of Basra, tribal leader Sheikh Abu Kifah al-Bakhatri also expressed outrage."Basra's tribes call for the closure of the American and British consulates and denounce the insult to the Prophet Muhammad, peace be upon Him," he said Thousands protested in Tehran, and on September 13 Iranian Supreme Leader Ayatollah Ali Khamenei urged the United States to punish those guilty of "this heinous crime."A few hundred people protested near the Afghan city of Jalalabad. And in the eastern Nangarhar Province, protesters burned an effigy of U.S. President Barack Obama as well as U.S. flags.A senior Afghan cleric in Kabul said the movie is "the work of American Jews." Imam Enayatullah Baleegh said U.S. President Barack Obama "should be held responsible" because he "could not control such an insulting act."

Purported Filmmaker Says 'No Regrets'

In India, the Internet company Google has blocked local access to the popular YouTube video website to prevent people there from viewing excerpts of the film. The company did not say if the Indian authorities had requested the action.The video has already been blocked in Libya and Egypt.Speaking on a U.S. Arabic radio station on September 14, the man who claims to have produced the film said he has "no regrets" about making the movie, despite the ongoing violence.But Nakoula Basseley Nakoula, an Egyptian-born Coptic Christian who lives in the United States, said he was "saddened" and "feels guilty" about the deaths of Stevens and others.He said the United States had nothing to do with his film but is "suffering the consequences" of its production.Nakoula said people should view the entire film before passing judgment on it.With reporting by AP, AFP, dpa, and Reuters

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=RYUgVL9PdxM&list=UU4SH8rh0OjYV3zwqnIfqNbA&index=1&feature=plcp
http://www.youtube.com/watch?v=9PX-vW4VccY&feature=player_embedded#!
http://www.theglobeandmail.com/globe-investor/markets/indexes/
http://www.youtube.com/watch?v=KfPX59y4KxE&feature=related

HALF HOUR DOW RESULTS FRI SEPTEMBER 14,2012

09:30 AM +2.43
10:00 AM +68.28
10:30 AM +111.67
11:00 AM +62.52
11:30 AM +61.06
12:00 PM +60.34
12:30 PM +70.75
01:00 PM +46.67
01:30 PM +21.14
02:00 PM +26.25
02:30 PM +31.83
03:00 PM +41.07
03:30 PM +20.16
04:00 PM +53.51 13,593.37

S&P 500 1465.77 +5.78

NASDAQ 3183.95 +28.12

GOLD 1,773.80 +1.80

OIL 99.00 +0.69

TSE 300 12,499.47 +139.31

CDNX 1318.11 +15.22

S&P/TSX/60 715.99 +7.61

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +36 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +111 points at high today so far.
GOLD opens at $1,771.60.OIL opens at $99.19 today.

AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +111 points at high today so far.

WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +111 points at high today.

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

AND HERES YET ANOTHER PLOY OBAMA IS PULLING TO TRY TO GET RE-ELECTED. BAILOUT THE BANKS OVER AND OVER AGAIN.THEN YOU GET ALL THE BANKERS,WALL STREET VOTES.

QE3: Helicopter Ben Bernanke Unleashes An All-Out Attack On The U.S. Dollar

Michael Snyder The Economic Collapse Sept 14, 2012
You can’t accuse Federal Reserve Chairman Ben Bernanke of not living up to his nickname.  Back in 2002, Bernanke delivered a speech entitled “Deflation: Making Sure ‘It’ Doesn’t Happen Here” in which he referenced a statement by economist Milton Friedman about fighting deflation by dropping money from a helicopter.

Well, it might be time for a new nickname for Bernanke because what he did today was a lot more than drop money from a helicopter.  Today the Federal Reserve announced that QE3 will begin on Friday, but it is going to be much different from QE1 and QE2.  Both of those rounds of quantitative easing were of limited duration.  This time, the quantitative easing is going to be open-ended.  The Fed is going to buy 40 billion dollars worth of mortgage-backed securities per month until they have decided that the economy is in good enough shape to stop.  For those that get confused by terms like “quantitative easing” and “mortgage-backed securities”, what the Federal Reserve is essentially saying is this: “We’re going to print a bunch of money and buy stuff for as long as we feel it is necessary.”  In addition, the Federal Reserve has promised to keep interest rates at ultra-low levels all the way through mid-2015.  The course that the Federal Reserve has set us on is utter insanity.  Ben Bernanke can rain money down on us all he wants, but it is not going to do much at all to help the real economy.  However, it will definitely hasten the destruction of the U.S. dollar.
And the Federal Reserve is apparently very eager to get QE3 going.  Purchases of mortgage-backed securities are going to start on Friday.In the coming months, hundreds of billions of dollars that the Federal Reserve has zapped into existence out of nothing will be injected into our financial system.So what will happen to all of this new money?If banks and financial institutions use that money to make loans then it could have somewhat of a positive impact on the economy in the short-term.However, the truth is that it isn’t as if banks are hurting for cash to loan out.  In fact, right now banks are already sitting on $1.6 trillion in excess reserves.  Just like with the first two rounds of quantitative easing, a lot of the money from QE3 will likely end up being put on the shelf.But the stock market loved the news because they know that the previous two rounds of quantitative easing have been great for the financial markets.  On Thursday, the stock market soared to levels not seen since December 2007.There is much rejoicing on Wall Street right now.And this stock market bounce is great for Bernanke’s good buddy Barack Obama.Obama nominated Bernanke to a second term as Fed Chairman, and this might be Bernanke’s way of paying him back.But of course the Fed is supposed to be “above politics” so that would never happen, right? The Federal Reserve essentially “crossed the Rubicon” today.  No longer will quantitative easing be considered an “emergency measure”.  Rather, it will now be considered just another “tool” that the Fed uses in the normal course of business.
Considering how vulnerable the U.S. dollar already is, announcing an “open-ended” round of quantitative easing is utter foolishness.  According to the Fed, when you add the 40 billion dollars of new mortgage-backed security purchases per month to all of the other “easing” measures the Fed is continuing to do, the grand total is going to come to about 85 billion dollars a month.  The following is from the statement that the Fed released earlier today….

To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee agreed today to increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The Committee also will continue through the end of the year its program to extend the average maturity of its holdings of securities as announced in June, and it is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities. These actions, which together will increase the Committee’s holdings of longer-term securities by about $85 billion each month through the end of the year, should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative.The Committee will closely monitor incoming information on economic and financial developments in coming months. If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability. In determining the size, pace, and composition of its asset purchases, the Committee will, as always, take appropriate account of the likely efficacy and costs of such purchases.

So what does all of this mean?
I really like how one analyst put it when he described this announcement as a “I’m gonna ease till your eyes bleed kinda statement“.The Fed also promised to keep interest rates at “exceptionally low levels” until mid-2015….To support continued progress toward maximum employment and price stability, the Committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens. In particular, the Committee also decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that exceptionally low levels for the federal funds rate are likely to be warranted at least through mid-2015.It seems that whenever the U.S. economy gets into trouble, Bernanke and his friends at the Fed only have one prescription and it goes something like this….“Print more money and promise to keep interest rates near zero even longer.”Of course a lot of Republicans are quite disturbed that QE3 was announced with just a couple of months remaining in a very heated election battle.Even big news organizations such as CNBC are commenting on this….Though the Fed is ostensibly politically independent, the decision comes at a ticklish time with the presidential election less than two months away.And without a doubt the mainstream media will be proclaiming this to be “good news” for the economy in the short-term.But is QE3 really going to help the average person on the street?
Well, first let’s take a look at employment.  We are told that one of the primary reasons for QE3 is jobs.
But did QE1 and QE2 create jobs? The answer is clearly no.As you can see from the chart below, the percentage of working age Americans with a job fell dramatically during the last recession and has not bounced back since that time despite all of the quantitative easing that has been done already….

So why try the same thing again when it did not work the first two times? But what more quantitative easing is likely to do is to pump up stock market values because a lot of the money from QE3 is going to end up being put into stocks and other investments.This is going to help the wealthy get even wealthier, and it is going to make the “wealth gap” between the rich and the poor even larger in America.QE3 is also probably going to cause commodity prices to rise just like QE1 and QE2 did.That means that you will be paying more for gasoline, food and other basic necessities.So there may not be more jobs, but at least you will get the privilege of paying more for things.The inflation that QE3 will cause will be particularly cruel for those on fixed incomes such as retirees.None of the extra money from QE3 is going to go into their pockets, but they will have to pay more to heat their homes and fill up their shopping carts.And the “exceptionally low interest rate” policy of the Federal Reserve is absolutely devastating for those that have saved for retirement and that are relying on interest income for their living expenses.In short, quantitative easing is very good for the wealthy and it is very bad for the average man and woman on the street.But what else would you expect from the Federal Reserve? It is imperative that we educate the American people about the Federal Reserve and about how they are destroying our economy.  For much more on this, please see my previous article entitled “10 Things That Every American Should Know About The Federal Reserve“.Perhaps the biggest danger from QE3 is that it could greatly hasten the day when the U.S. dollar ceases to be the reserve currency of the world.The rest of the world is not stupid.  They see that the Federal Reserve is now firing up the printing presses whenever they feel like it.  They can see the games that we are playing with our currency.
Why should the rest of the world continue to use the U.S. dollar to trade with one another when the United States is constantly debasing it and playing games with its value? As I wrote about the other day, China and Russia have been calling for a new reserve currency for the world for several years.  They have been leading the charge to conduct international trade in currencies other than the U.S. dollar, and I have documented many of the major international agreements to move away from the U.S. dollar that have been made in the last couple of years.The status of the U.S. dollar in the world has already been steadily slipping, and now Helicopter Ben Bernanke pulls this kind of nonsense.We are handing the rest of the world an excuse to abandon the U.S. dollar on a silver platter.And when the rest of the globe rejects the U.S. dollar as a reserve currency, the dollar will crash, the cost of living will increase dramatically, our standard of living will go way down and we will never fully recover from it.So if you think that things are “bad” now, just wait until that happens.The U.S. dollar is one of the best things that the U.S. economy still has going for it, and Helicopter Ben Bernanke is doing his best to absolutely destroy that.http://www.infowars.com/
http://www.infowars.com/ron-paul-country-should-panic-over-feds-decision/