EARTH DESTROYED WITH THE EARTH
GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.(WORLD TERRORISM,MURDERS)
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence (TERRORISM) through them; and, behold, I will destroy them with the earth.
EARTHQUAKES
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
Earthquake shakes central New Zealand
www.chinaview.cn 2008-03-17 08:30:35
WELLINGTON, March 17 (Xinhua) -- An earthquake centered 70 km north of Picton shook central parts of New Zealand late Sunday, causing no damage or casualties, GNS Science said. The quake, at a depth of 100 km, registered 4.6 on the Richter scale. It was felt in the top of the South Island and the bottom of the North Island. The quake occurred at 11:20 pm local time Sunday (1020 GMT Sunday). The GNS science website, GeoNet, recorded that 125 households had felt and reported the quake overnight. Editor: Du Guodong.
Quake Hits Off Western Indonesia MAR 16,08
JAKARTA, Indonesia (AP) — A strong earthquake struck nearly 200 miles off western Indonesia late Saturday. There were no reports of injuries or damage.The magnitude 6.2 quake was centered 190 miles southwest of Banda Aceh on the island of Sumatra, the U.S. Geological Survey said.Indonesia, the world's largest archipelago, is prone to seismic upheavals due to its location on the so-called Pacific Ring of Fire, an arc of volcanos and fault lines encircling the Pacific Basin.In December 2004, a massive earthquake off Sumatra triggered a tsunami that killed more than 230,000 people in a dozen countries, including 160,000 people in Indonesia's westernmost province of Aceh.
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.
Massive storm headed for Newfoundland
Mon Mar 17, 9:29 AM
People in Newfoundland are preparing for the third winter storm in one week.More than 30 centimetres of snow and winds up to 120 km/h are expected to hit the Avalon peninsula Monday evening and Tuesday.
The blizzard comes as people across the island dig out from a storm Sunday, and a two-day blizzard Thursday and Friday, when more than 50 centimetres of snow fell in parts of central Newfoundland, shutting down entire communities.Rob Carroll, meteorologist with Environment Canada's weather office in Gander, told CBC News Monday morning that the third blizzard is expected to be a big one.It's not looking too good right now. We're watching a pretty major storm,Carroll said.The weather system is stalled just south of Sable Island and Carroll said it is expected to hang around in that area for three days.The precipitation associated with that should spread to the Avalon by this afternoon in the form of snow, heavy snow at times and blowing snow, Carroll said. That will spread to much of the island overnight tonight.So we could see some pretty hefty amounts over the next three days.Snow is expected to begin Monday afternoon in eastern Newfoundland and continue west across the island overnight.Based on current predictions, the blizzard is not expected to hit Labrador.
Heavy rain and severe weather James Wilson
Mon Mar 17, 8:15 PM ET
Low pressure over Texas will be riding up to the northeast overnight through Tuesday. An associated cold front will swing through Texas and the lower Mississippi Valley. The result will be the development of strong to severe thunderstorms and a few tornadoes. Things get quite dicey Tuesday across eastern Texas (including Houston), western Louisana, southwest Arkansas and southeastern Oklahoma. There is a threat of severe thunderstorms, some with damaging winds, and large hail. A few tornadoes are likley, as well. Parts of the Plains and Midwest will see plenty of rain and flooding is likely to occur. Heavy rain should fall from the Ohio Valley south to northeastern Texas through Tuesday night and Wednesday morning. Widespread rain amounts of 2 to 4 inches are expected across this area with localized amounts up to 7 inches possible. Flood watches have been posted from extreme northwest Ohio southwest to central Texas in anticipation of the heavy rain. Flooding is already occurring on some rivers in Illinois and Indiana. To the north, some light snow is likely overnight over parts of northern Minnesota, northern Wisconsin and the Upper Peninsula of Michigan.
Mozambican government seeks urgent food aid after cyclone
Mon Mar 17, 3:26 PM
MAPUTO (AFP) - The Mozambican government has made an urgent appeal to the UN World Food Programme to help more than 60,000 people left destitute when cyclone Jokwe hit northern and central parts of the country.The government has made an urgent appeal to the WFP for food to feed people who were affected by cyclone Jokwe, Joao Ribeiro, the deputy national director of Mozambique's government-run national disaster management institute (INGC) told AFP by telephone Monday.He said the INGC was working with non-governmental organizations, local and international, to assess the situation in the cyclone-hit Zambezia and Nampula provinces.So far, at least 60,000 people -- many of them living in areas also affected by flooding earlier in the year -- were thought to be in need of urgent food aid, said Ribeiro.The WFP said in a statement it would begin distributing food to needy Mozambican communities early next week using stocks that had been earmarked for other relief operations.WFP needs 550,000 US dollars (350,000 euros) to replenish these stocks as soon as possible, the United Nations food aid agency said.Ribeiro said the number of people requiring food aid could increase after the assessment.People were also receiving donated tents, clothes and materials to rebuild the homes they lost in the cyclone, he said.
Cyclone Jokwe, packing winds of 140 kilometres (87 miles) per hour, hit the Nampula province on March 8, killing at least 17 people, injuring scores and leaving thousands homeless as trees and electric pylons fell on houses.This prompted the government to declare a red alert along the Zambezi River.But as Jokwe turned for Madagascar last Friday, the Mozambican government downgraded the cyclone to a tropical depression, keeping the coastal regions on yellow alert in case it regained momentum.
WORLD TERRORISM
GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence through them; and, behold, I will destroy them with the earth.
2 PETER 2:5
5 And spared not the old world, but saved Noah the eighth person, a preacher of righteousness, bringing in the flood upon the world of the ungodly;
2 PETER 3:7
7 But the heavens and the earth, which are now, by the same word are kept in store, reserved unto fire against the day of judgment and perdition of ungodly men
LEVITICUS 26:16
16 I also will do this unto you; I will even appoint over you( sudden) terror, consumption, and the burning ague, that shall consume the eyes, and cause sorrow of heart: and ye shall sow your seed in vain, for your enemies shall eat it.
GENESIS 16:11-12
11 And the angel of the LORD said unto her, Behold, thou art with child, and shalt bear a son, and shalt call his name Ishmael; because the LORD hath heard thy affliction.
12 And he will be a wild man; his hand will be against every man, and every man's hand against him; and he shall dwell in the presence of all his brethren.
ISAIAH 33:1,18-19 Woe to thee that spoilest,(destroys) and thou wast not spoiled;(destroyed) and dealest treacherously, and they dealt not treacherously with thee! when thou shalt cease to spoil,(destroy) thou shalt be spoiled;(destroyed) and when thou shalt make an end to deal treacherously, they shall deal treacherously with thee.
18 Thine heart shall meditate terror. Where is the scribe? where is the receiver? where is he that counted the towers?
19 Thou shalt not see a fierce people, a people of a deeper speech than thou canst perceive; of a stammering tongue, that thou canst not understand.
JOHN 16:2
2 They shall put you out of the synagogues: yea, the time cometh, that whosoever killeth you will think that he doeth God service.
Female suicide bomber kills 43 in Iraq By KIM GAMEL, Associated Press Writer Mon Mar 17, 6:21 PM ET
BAGHDAD - A female suicide bomber struck Shiite worshippers in the holy city of Karbala on Monday, an official and a witness said, killing at least 43 people and leaving pools of blood on the street leading to one of Iraq's most revered mosques. The blast was the deadliest in a series of attacks that left at least 72 Iraqis dead, including six youths killed when mortar rounds slammed into a soccer field in eastern Baghdad.Two U.S. soldiers also were killed Monday in a roadside bombing north of Baghdad, bringing the American death toll closer to 4,000 as the U.S.-led war enters its sixth year. At least 3,990 members of the U.S. military have died since the beginning of the Iraq war in March 2003, according to an Associated Press count.The violence marred overlapping trips by Vice President Dick Cheney and Sen. John McCain to Baghdad. Their visits were aimed at touting recent security gains and stressing Washington's long-term commitment to fighting insurgents in Iraq.
The U.S. Embassy and military issued a joint statement blaming al-Qaida in Iraq for the Karbala attack.The bomber struck after the worshippers had gathered at a sacred historical site about half a mile from the golden domed shrine of Imam Hussein, a grandson of the Prophet Muhammad who was killed in a seventh-century battle.
A police officer, speaking on condition of anonymity because he wasn't authorized to release the information, said the attacker was a woman — as did a witness.The U.S. military described the attack as a suicide operation but put the casualty toll at 40 Iraqis killed and 65 wounded. The U.S. statement said the identity of the bomber remained unknown.Brig. Gen. Raed Shakir Jawdat, Karbala's police chief, said 43 people were killed and 73 wounded. He denied it was a suicide attack, saying a bomb had been planted in the area. The discrepancies could not immediately be resolved.Karim Khazim, the city's chief health official, said seven of those killed were Iranian pilgrims who had traveled to the holy site.
AP Television News footage showed a man carefully picking up pieces of flesh and wires apparently from a fuse as evening prayer services were broadcast from loudspeakers nearby.The witness, who did not identify himself, told AP Television News that a woman in the crowd had blown herself up.If true, it would be among the deadliest attacks carried out by women during the Iraq conflict.
Female suicide bombers have been involved in at least 20 attacks or attempted attacks since the war began, including the grisly bombings of two pet markets in Baghdad that killed nearly 100 people last month.The U.S. military has warned that insurgents are using female attackers because they can more easily avoid checkpoint searches and can hide the explosives under traditional all-encompassing black Islamic robes.Police closed the area around the twin golden dome mosques and blocked all roads leading to the sites, which include tombs of Imam Hussein and his half brother, also a Shiite saint.Ali Hassan, 30, a clothing merchant who was wounded in the blast, said he was standing near his stall when I heard a big explosion and I felt strong fire throwing me in the air.
The only thing I know is there was a big explosion and I saw bodies flying in the air, said Hassan Khazim, 36, who was wounded in the face. All the tight security measures designed to protect us were in vain.The predominantly Shiite city of Karbala, 50 miles south of Baghdad, enjoys tight security. Monday's attack was the deadliest in Karbala since a suicide car bomber killed at least 63 people on April 28, 2007. Explosions also struck earlier Monday not far from the capital's heavily fortified Green Zone, shortly after Cheney arrived. Helicopter gunships circled central Baghdad. Despite several high-profile bombings, violence levels have dropped sharply in recent months with a U.S. troop buildup, a Sunni revolt against al-Qaida in Iraq and a cease-fire by radical Shiite cleric Muqtada al-Sadr's Mahdi Army militia. But noting the fragility of the security gains, Cheney warned against large drawdowns of American troops, saying it is very important that we not quit before the job is done.McCain, the presumptive Republican presidential nominee who has linked his political future to military success in Iraq, also promised to uphold a long-term military commitment to the country so long as al-Qaida in Iraq is not defeated. Both men met in back-to-back meetings with Shiite Prime Minister Nouri al-Maliki, whose government has been accused of failing to make sufficient political progress. Al-Maliki said he and the vice president discussed ongoing negotiations over a long-term security agreement between the two countries that would replace the U.N. mandate for foreign troops set to expire at the end of the year. This visit is very important. It is about the nature of the relations between the two countries, the future of those relations and the agreement in this respect,the prime minister told reporters. We also discussed the security in Iraq, the development of the economy and reconstruction and terrorism.McCain stressed it was important to maintain the U.S. commitment in Iraq, where a U.S.-Iraq operation is under way to clear al-Qaida in Iraq from what the military says is the terror group's last urban stronghold of Mosul, 225 miles northwest of Baghdad. We recognize that al-Qaida is on the run, but they are not defeated, McCain said after meeting al-Maliki. Al-Qaida continues to pose a great threat to the security and very existence of Iraq as a democracy. So we know there's still a lot more of work to be done.McCain, who arrived in Iraq on Sunday, told reporters that he also discussed with the Shiite leader the need for progress on political reforms, including laws on holding provincial elections and the equitable distribution of Iraq's oil riches. Sen. Carl Levin, D-Mich., speaking to reporters from Kuwait after a visit to Iraq, said Iraq should begin picking up more of the bills. We're paying for things that Iraqis clearly should be paying for, Levin said. They have the capability, the surplus funds to do their own reconstruction, and to do their own weapons purchases and other things which we're paying for and they need to pay for.Associated Press writers Qassim Abdul-Zahra and Sameer N. Yacoub contributed to this report.
HOARDING OF GOLD AND SILVER
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, 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
Stocks widely mixed on Bear Stearns news By MADLEN READ, AP Business Writer Mon Mar 17, 6:12 PM ET
NEW YORK - Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed buyout of the stricken investment bank Bear Stearns Cos. The Dow Jones industrials recovered from an initial drop of nearly 200 points to finish up about 21 points. The broader Standard & Poor's 500 and Nasdaq composite indexes ended lower as investors bailed out of investment banks and small-cap stocks and fled instead to large companies apt to be reliable during a weak economy.You move to the defensive names in times of market uncertainty — safer, consumer names, said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research.The buyout of Bear Stearns was certainly more appealing than the alternative: letting the investment bank collapse and causing huge losses for anyone linked to it. And some unprecedented moves by the Federal Reserve gave investors a bit of solace on what many predicted would be a day of precipitous losses in the stock market.Besides supporting the buyout, the Fed lowered the rate it charges to loan directly to banks by a quarter-point on Sunday night — two days before its scheduled meeting Tuesday. The central bank also set up a lending option for firms, including many non-bank financial services firms, to secure short-term loans for a broad range of collateral.
The Fed appears to be pledging to do everything in its power to keep the credit crisis from decimating the financial industry and the economy. Policy makers at the central bank are expected to reduce the target fed funds rate — the rate banks charge each other for overnight loans — by at least a half-point on Tuesday, and perhaps even a full point.But the market remained extremely volatile. The sale of Bear Stearns — at a minuscule $2.21 a share as of Monday's close, or a total of $260.5 million — stirred fear among investors worldwide about other banks' exposure to the troubled credit markets.The market has absolutely no idea what's going on, said Dan Alpert, managing director of Westwood Capital. Some people have accused them of whistling past the graveyard — I don't think they even know where the graveyard is.He added that short-covering — the unwinding of bets that stocks will fall — ahead of Tuesday's Fed meeting contributed to the market's atypical movements.The Dow rose 21.16, or 0.18 percent, to 11,972.25, after falling nearly 200 and rising more than 100. The blue chip index was supported partially by JPMorgan, by far the biggest gainer among the 30 component stocks. JPMorgan rose $3.77, or 10.3 percent, to $40.31.The Dow got a lift as investors aimed for large-cap stocks such as AT&T Inc., up 76 cents at $35.79, Verizon, up 79 cents at $34.61, and pharmaceutical maker Johnson & Johnson, up $1.39 at $64.04.
The Standard & Poor's 500 index fell 11.54, or 0.90 percent, to 1,276.60. The Nasdaq composite index, heavily populated by small and high-tech companies, fell 35.48, or 1.60 percent, to 2,177.01. The Russell 2000 index of smaller companies fell 12.42, or 1.87 percent, to 650.48.Declining issues outnumbered advancers by about 5 to 1 on the New York Stock Exchange. Consolidated volume came to 5.69 billion shares, up from 5.18 billion Friday.Bond prices rose. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.30 percent from 3.44 percent late Friday.The simple fact that Bear Stearns was valued at around $2 a share heightened investors' worries about how much of a blow the credit markets are dealing the financial industry. How widespread is it? Nobody knows, Detrick said.The pain for stockholders in Bear Stearns, which succumbed to losing bets on souring mortgages for borrowers with poor credit, will be sizable. JPMorgan is buying Bear, including its midtown Manhattan headquarters, for about 1 percent of the investment bank's worth little more than two weeks ago. Bear Stearns' buyout arrives after a short-term bailout Friday organized by the Fed and involving JPMorgan.Bear Stearns shares fell 86 percent to $4.10 — still above the buyout price, implying that some shareholders believe the deal terms might change.Some investors worry Lehman Brothers Holdings Inc. might be next to fall. Lehman — the investment bank considered most similar to Bear Stearns — and other major investment banks are slated this week to report quarterly results. DBS Group Holdings Ltd., Southeast Asia's largest bank, reportedly instructed traders in an e-mail early Monday not to do business with the bank. According to Dow Jones Newswires, DBS Group later told traders to disregard the earlier e-mail. Lehman denied there were any problems with DBS.
Lehman fell $7.51, or 19 percent, to $31.75.
While investors focused on the financial sector, fresh economic news offered little solace. The Fed said output at the country's factories, mines and utilities fell by 0.5 percent in February, the biggest decline last October. Many analysts had been expecting a slight increase of one-tenth of one percent. The Commerce Department also said Monday the current account deficit, the broadest measure of foreign trade, fell slightly in 2007 as stronger growth in U.S. exports offset a spiking foreign oil bill.
The dollar sank to a record low against the euro and hit a 12 1/2 year low against the Japanese yen, while gold prices rose to another record high. Crude oil plunged from record levels by $4.53 to settle at $105.68 per barrel on the New York Mercantile Exchange. Overseas, Japan's Nikkei stock average fell 3.71 percent, while Hong Kong's Hang Seng index fell 5.18 percent. Britain's FTSE 100 fell 3.86 percent, Germany's DAX index dropped 4.18 percent, and France's CAC-40 lost 3.51 percent. On the Net: New York Stock Exchange: http://www.nyse.com . Nasdaq Stock Market: http://www.nasdaq.com
DRUG PUSHERS AND ADDICTS
REVELATION 18:23
23 And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee: for thy merchants were the great men of the earth; for by thy sorceries (DRUGS) were all nations deceived.
REVELATION 9:21
21 Neither repented they of their murders, nor of their sorceries (DRUGS), nor of their fornication, nor of their thefts.
Cocaine may cause heart attack symptoms By JAMIE STENGLE, Associated Press Writer Mon Mar 17, 11:05 PM ET
DALLAS - Younger ER patients with heart attack symptoms should be asked if they've recently used cocaine, which can cause similar chest pain, the American Heart Association warns doctors. For these patients, honesty can be a matter of life or death: Some heart attack treatments can be deadly to someone using cocaine. New guidelines published online Monday in the American Heart Association journal Circulation say that emergency room doctors need to be aware that symptoms of a heart attack in younger patients with no heart disease risk factors may be caused by cocaine use.The drug can cause chest pain, shortness of breath, anxiety, palpitations, dizziness, nausea and heavy sweating — all symptoms of a heart attack.Not knowing what you are dealing with and giving the wrong therapies could mean death rather than benefit, said Dr. James Reiffel, professor of clinical medicine at Columbia University Medical Center/New York Presbyterian Hospital.
The number of cocaine-related users visiting ERs rose 47 percent from 1995 to 2002, increasing from 135,711 to 199,198, according to the government's Substance Abuse and Mental Health Services Administration. (That's a tiny percentage of the more than 100 million patient visits to emergency rooms each year.)The symptoms that they get with the cocaine are very similar to a heart attack, said Dr. James McCord, who chaired the statement writing committee.
Cocaine can cause a heart attack, but only about 1 percent to 6 percent of patients with cocaine-associated chest pain actually have a heart attack, the statement says. Still, doctors say it's important for anyone with chest pain to get it checked out.Cocaine increases blood pressure and the heart rate, constricting arteries into the heart, said McCord, cardiology director of the chest pain unit for the Henry Ford Health System in Detroit.Your heart rate goes up because your heart needs more oxygen, then it shrinks the arteries to the heart, McCord said.The statement says that since most cocaine-associated chest pain isn't a heart attack, such patients should be monitored instead of being admitted to the hospital. They would have an electrocardiogram and other tests to rule out a heart attack.If you admit everyone to hospital with chest pain, you use valuable resources, said Reiffel.Two typical heart attack treatments can be dangerous to those using cocaine:
Clot-busting drugs carry an extra risk of bleeding into the brain in patients whose blood pressure is high due to cocaine use.
Betablockers that can lower blood pressure without constricting arteries in typical heart attack patients have the opposite effect in cocaine users, raising blood pressure and squeezing cocaine-narrowed arteries.
Reiffel said doctors should explain why it's important to know if a patient is using cocaine. He said that admitting use of an illegal substance is confidential information that won't be reported to law enforcement. The caregiver is not here to judge.
The statement also recommends that cocaine users who do have a coronary artery blockage get a bare metal stent instead of a drug-coated one since chronic drug users may not reliably take the medication needed to prevent new blockages.McCord said that the drug counseling available in observation units varies among hospitals, and that more could to improve the counseling cocaine-using patients get.I think an ideal scenario would be someone whose job is to talk to them about this — explain the extent of the health problems, give them information about resources to help them quit cocaine, McCord said. On the Net: American Heart Association, http://www.americanheart.org
DISEASES
REVELATION 6:7-8
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword,(WEAPONS) and with hunger,(FAMINE) and with death,(INCURABLE DISEASES) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE).
WHO: Progress in fighting TB slows By MARIA CHENG, AP Medical Writer Mon Mar 17, 6:32 PM ET
LONDON - The fight against the global tuberculosis epidemic has slowed to a crawl, the World Health Organization said in a report Monday. The worldwide rate of TB infection has been declining for several years. But between 2005 and 2006, the rate of new cases fell by less than 1 percent, far less than the annual decrease of 5 to 7 percent sought by health officials. At the same time, drug-resistant TB is growing faster than ever, the WHO said last month.
Independent health experts criticized the WHO's TB policy as too passive, and urged a more proactive strategy.WHO conceded the most recent decline in the overall infection rate is very modest, and is not as fast as we would like it to be, said Dr. Marcos Espinal, executive secretary of the organization's Stop TB Partnership.
Without new tools, we will not be able to break the back of this epidemic, he said, citing a lack of vaccines, outdated drugs, obsolete diagnostic tests and overwhelmed health systems as contributing to the slowdown against TB.In 2006, there were an estimated 9.2 million new tuberculosis cases and 1.5 million deaths, the WHO said in its report, which was based on government data from 202 countries and regions.India and China have the most cases, followed by Indonesia, South Africa and Nigeria, the report said.By region, Asia has 55 percent of all TB cases, and Africa has 31 percent.WHO acknowledged its treatment programs have not yet had a major impact on TB transmission and incidence, according to the report, which assessed the WHO's efforts for the past 12 years.
WHO primarily works by recommending how governments and donors can best fight TB, and it is up to individual countries to decide how to spend funds. Last year, countries and donors spent about $2.3 billion on TB control. This year, WHO estimates that $3.1 billion will be needed to identify and treat TB patients.The report said TB infection rates were stable in Europe, and declined about 3 percent in the United States.In Africa, however, they were still increasing as the AIDS epidemic fuels transmission. TB in Africa has increased at least fivefold since the 1990s.The report said 30 million people — or 84.7 percent of identified TB patients — have been cured through treatment.Espinal acknowledged that WHO may not have enough evidence to show that its treatment strategy reduces transmission. The strategy works to cure people, he said, not necessarily to reduce the disease's spread.Other experts countered that if treatment rates were as high as WHO claimed, there would be less drug-resistant tuberculosis.Last month, WHO said drug-resistant TB was spreading faster than ever. Globally, there are about 500,000 new cases of drug-resistant TB every year, about 5 percent of the 9 million new TB cases, WHO said.Independent experts also criticized the WHO's reporting, saying it did not take into account those who are infected but not diagnosed, and was gathered from governments without being verified independently.This is a compilation of what the countries want to show, said Dr. Francis Varaine, coordinator of Medecins Sans Frontieres' tuberculosis working group. Some of these data are too good to be true.In developing countries, WHO's main tuberculosis treatment program depends on patients volunteering to be tested, instead of doctors seeking out patients. WHO's Espinal estimated that only about 60 percent of infected patients are diagnosed.
By the time a TB patient turns up, they have been coughing for weeks and have probably infected most of their family, friends, work mates and anyone else they were in contact with, said Ruth McNerney, a TB expert at London's School of Hygiene and Tropical Medicine. She said WHO's strategy was like shutting the door after the horse has bolted.
REVELATION 1:5-85 And from Jesus Christ, who is the faithful witness, and the first begotten of the dead, and the prince of the kings of the earth. Unto him that loved us, and washed us from our sins in his own blood,
6 And hath made us kings and priests unto God and his Father; to him be glory and dominion for ever and ever. Amen.
7 Behold, he cometh with clouds; and every eye shall see him, and they also which pierced him: and all kindreds of the earth shall wail because of him. Even so, Amen.
8 I am Alpha and Omega, the beginning and the ending, saith the Lord, which is, and which was, and which is to come, the Almighty.
IN THE FUTURE WHEN JESUS RETURNS TO EARTH BODILY WITH THE RAPTURED CHRISTIANS, THE WHOLE WORLD WILL SEE THIS ON A GLOBAL TV NETWORK, COULD THIS MOBILE TV BE THAT ONE TO FULFILL THIS PROPHECY.
EU picks mobile TV standard By AOIFE WHITE, AP Business Writer
Mon Mar 17, 4:50 PM ET
BRUSSELS, Belgium - The European Union on Monday chose a mobile TV broadcast standard and suggested that its member governments now ask cell carriers to favor it. EU commissioners chose DVB-H, or Digital Video Broadcasting for Handhelds, the most widely used mobile TV format in Europe, over rival standards such as Qualcomm Inc.'s MediaFLO and another known as DMB that is favored by Chinese and South Korean manufacturers.DVB-H is supported by the world's largest handset maker, Nokia, as well as Motorola, Philips, Sagem, Sony, Ericsson, Samsung and major European cell phone operators Vodafone, O2 and T-Mobile. By contrast, Qualcomm's technology has signed up the two biggest players in the United States — Verizon Wireless and AT&T.The European Commission said it had to order EU nations to favor DVB-H to create economies of scale and get the nascent technology off the ground.They can do that by labeling, they can do that by promoting it in attributing licenses and so on, said EU spokesman Martin Selmayr.
The EU called on other nations to follow its example.
The EU's executive is entitled to make decisions on some technical standards on behalf of member governments, which it did, for instance, in pushing the Global System for Mobile communications, or GSM, for mobile phones.That decision is recognized as leading Europeans to switch to cell phones faster than people in the United States have.Selmayr said the European Commission believed it was important to forestall a war on standards that could have held back mobile broadcasting in Europe.The impact of the EU's choice is limited: EU nations can choose to avoid making decisions favoring the format and are under no obligation to eliminate other standards.
Ovum analyst Matthew Howett said the development and use of other technologies is still possible although EU backing for one standard creates some certainty for operators planning mobile broadcasting services and manufacturers making phones and chips.The EU cited research forecasts of a steep increase in demand for mobile TV in 2009, with the worldwide market reaching $31 billion in sales by 2011.
REVELATION 9:1-6
1 And the fifth angel sounded, and I saw a star fall from heaven unto the earth: and to him was given the key of the bottomless pit.
2 And he opened the bottomless pit; and there arose a smoke out of the pit, as the smoke of a great furnace; and the sun and the air were darkened by reason of the smoke of the pit.
3 And there came out of the smoke locusts upon the earth: and unto them was given power, as the scorpions of the earth have power.
4 And it was commanded them that they should not hurt the grass of the earth, neither any green thing, neither any tree; but only those men which have not the seal of God in their foreheads.
5 And to them it was given that they should not kill them, but that they should be tormented five months: and their torment was as the torment of a scorpion, when he striketh a man.
6 And in those days shall men seek death, and shall not find it; and shall desire to die, and death shall flee from them.
IN THE FUTURE DEMONIC LOCUSTS WILL TORTURE SINNERS FOR 5 MONTHS.
Millions of bees close California highway after truck flips over Mon Mar 17, 12:44 AM By The Associated Press
SACRAMENTO, Calif. - Millions of swarming honey bees are on the loose after a truck carrying crates of the insects flipped over on a California highway. The California Highway Patrol says eight million to 12 million bees escaped Sunday from the crates in which they were stored and swarmed over an area of Highway 99 and stung officers, firefighters and tow truck drivers trying to clear the accident. CHP Officer Michael Bradley says a tractor trailer flipped over while entering the highway on its way to Yakima, Wash. The flatbed was carrying bee crates each filled with up to 30,000 bees. Bradley says several beekeepers driving by the accident stopped to assist in the bee wrangling. The bees had been used in the San Joaquin Valley to pollinate crops.
DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TR BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).
Gaddafi says Med Union risks running into sand
Sat 15 Mar 2008, 8:45 GMT
TRIPOLI (Reuters) - Libyan leader Muammar Gaddafi welcomed the idea of deeper cooperation between Mediterranean countries but said a planned north-south partnership endorsed by European Union leaders on Friday risked going nowhere.French President Nicolas Sarkozy and German Chancellor Angela Merkel presented a plan for a Mediterranean Union at an EU summit in Brussels earlier on Friday, but the outline was far more modest than a grand design initially proposed by Paris.Germany feared the original project for a smaller grouping of Mediterranean coastal states with nine new agencies and a bank would have split the EU and siphoned off common funds for the benefit of a few members and their former colonies.Gaddafi said the Union in its new form risked going the way of the Barcelona Process, an attempt to boost north-south ties, nudge southern economies to more economic growth and democracy and establish a free trade that appears to have lost steam.
The idea of true cooperation between the countries located around one sea on the lines of President Sarkozy's initiative deserves support, Gaddafi said in a statement carried by state news agency JANA. For my part, I was very enthusiastic about it but it now appears the idea has been aborted or put off.It might follow the same trend as the Barcelona Process which failed and died, although it was not buried.He said that to succeed the new union must show material benefits for its members and should only include the countries that adjoin the Mediterranean.It must avoid referring to the hateful maps of the old empires, such as the Ottoman, Roman, Carthage and Muslim empires, and the maps of modern colonialism, Gaddafi said.
Finally, he said, it must be a common project designed from the start by all the union's members.There is a clear ignorance of the will and voice of the south, Gaddafi added.The project presented on Friday would take the form of a regular summit of EU and Mediterranean countries with a joint presidency and a small secretariat. Reuters 2008.
The two-president vision By Haaretz ediorial MAR 16,08
What does the visit to France by President Shimon Peres, whom Nicolas Sarkozy chose as the first leader to be received by him in an official state ceremony, really symbolize: a second honeymoon, or merely the illusion of one? Admiration for a leader who symbolizes the golden age of Israeli-French relations, or a salute to a popular country that is now celebrating its 60th anniversary? Or perhaps it was nothing but a bear hug meant to hasten the establishment of a Palestinian state? Gerard Araud, currently Foreign Minister Bernard Kouchner's political director and previously the French ambassador to Israel, believes that if this is a honeymoon, it is a lengthy one. The wedding, he says, was celebrated back in 2002, during the tenure of Sarkozy's predecessor as president, Jacques Chirac. Peres' visit crowned six years of a renewed and happy marriage, he said. Simone Veil, former president of the European Parliament and a former health minister of France, told Haaretz, The relationship has indeed deepened in recent years, but President Peres' visit was different from all previous state visits.She expressed pleasure over the second honeymoon for France and Israel, adding: Today, the two presidents have identical visions.Long live Israel, long live France and long live the friendship between France and Israel, is how Sarkozy ended his speech at the gala dinner he hosted for Peres. The French media preferred to emphasize the home truths that Sarkozy included in his speech: At least three times - in different formulations - he reiterated the motto that Israel's security depends on establishing a Palestinian state and halting the settlements. Le Monde wrote in its editorial that during his 10 months in office, Sarkozy has conducted a very active pro-Arab policy, and the principal change during his tenure is one of atmosphere, not content.
But however one interprets Sarkozy's policies, it does nothing to reduce Peres' impressive achievement: He enlisted France - one of the world's most important countries - behind his visions of the Dead Sea Canal and the Peace Valley; he extracted a pledge from Sarkozy to make the issue of upgrading Israel's relationship with the European Union one of his priorities during his term as the EU's rotating president, which begins in July; he obtained a French commitment to fight Iran's nuclearization; and he was told of its complete solidarity with Israel's war on terror and its intention to continue working for the release of Israel's kidnapped soldiers.
Settlements and a Palestinian state? As Peres himself told Israeli journalists in Paris, in the end, French policy on this issue is based on adherence to the principles adopted by the Quartet, which Israel also signed off on. In this sense, Peres seconded Simone Veil's statement about a shared vision. Sarkozy, along with British Prime Minister Gordon Brown and, especially, German Chancellor Angela Merkel, who will be visiting Israel this week, create a constellation of broad support for Israel in the three key European capitals. In these rare circumstances, all that remains for Israel to do is to prove to its supporters that its president's words and its vision of a Palestinian state - which naturally entails a halt to settlement and the dismantling of illegal outposts - is indeed identical to their vision.
EUROPEAN UNION ARMY
DANIEL 7:23-25
23 Thus he said, The fourth beast (EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADING BLOCKS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS) that shall arise: and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.( BE HEAD OF 3 NATIONS)
25 And he (EU PRESIDENT) shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.(3 1/2 YRS)
DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.
DANIEL 11:36-39
36 And the king (EU DICTATOR) shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS JEWISH) nor the desire of women, nor regard any god: for he shall magnify himself above all.(CLAIM TO BE GOD)
38 But in his estate shall he honour the God of forces:(WAR) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds with a strange god,(DESTROY TERROR GROUPS) whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.
REVELATION 19:19
19 And I saw the beast,(EU LEADER) and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse,(JESUS) and against his army.(THE RAPTURED CHRISTIANS)
NATO, EU should pool defence resources: Scheffer
15 March 2008, 23:14 CET
(BRUSSELS) - NATO and the European Union should pool defence resources to cut costs and ensure that equipment and troops can be found when needed, NATO chief Jaap de Hoop Scheffer said Saturday.
I would like to see much more pooling of our capabilities, especially in areas such as vital enablers -- transport, helicopters, or in research and development, or in harmonising force structures and training methods, he said.It is absolutely critical that all of the capabilities that we are able to generate from this pool of forces are equally available to both NATO and the European Union, Scheffer said at the Brussels Forum conference.
If we duplicate, or worse go off in different directions, we will both fail, he said.Twenty-one EU nations are also members of NATO, and many have been stretched by military commitments in security and peacekeeping operations in places like Afghanistan, Kosovo and Chad.Helicopters -- both attack and transport -- are notoriously hard to find.We need to exploit the opportunities of common capabilities -- strategic airlift, logistics -- far more energetically, Scheffer said, and look for more synergies with the European Union.Scheffer said that NATO nations must also increase defence spending to match their security ambitions, with very few of the allies spending the target two percent of gross domestic product.I think that NATO nations are soon going to have to increase NATO's budget to match the growing list of responsibilities he said.Our resources have to match our priorities, and you cannot reconcile forever more performance with a zero growth budget.2008 AFP. 2008 EUbusiness Ltd.
FAMINE
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
Egypt army to tackle bread crisis MAR 17,08
President Mubarak said all bread queues must be eliminated
Egypt's president has ordered the army to increase the production and distribution of bread, in an attempt to cope with serious shortages. Rising prices and alleged corruption have sparked recent clashes at bakeries in poorer neighbourhoods, leading to several deaths. Hosni Mubarak said eradicating bread queues was imperative.
The army and interior ministry control numerous bakeries normally used to supply bread for troops and police. Mr Mubarak issued his order to the army at a meeting of cabinet ministers on Sunday that was called to address the growing crisis, his spokesman said. Bread should be provided to the citizens and the lines should disappear, Suleiman Awwad quoted Mr Mubarak as saying. The price of wheat has more than tripled on international markets since last summer. Mr Mubarak has ordered the government to use some foreign reserves to buy additional wheat from the international market, the spokesman said. Many of Egypt's 70m population, about half of whom live below the poverty line, survive on subsidised bread. Unsubsidised bread is 10-12 times more expensive than the subsidised five-piaster loafs (less that $0.01).
OZONE DEPLETION
ISAIAH 30:26-27
26 Moreover the light of the moon shall be as the light of the sun, and the light of the sun shall be sevenfold, as the light of seven days, in the day that the LORD bindeth up the breach of his people, and healeth the stroke of their wound.
27 Behold, the name of the LORD cometh from far, burning with his anger, and the burden thereof is heavy: his lips are full of indignation, and his tongue as a devouring fire:
MATTHEW 24:21-22,29
21 For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.
22 And except those days should be shortened, there should no flesh be saved: but for the elect’s sake those days shall be shortened (Daylight hours shortened)
29 Immediately after the tribulation of those days shall the sun be darkened, and the moon shall not give her light, and the stars shall fall from heaven, and the powers of the heavens shall be shaken:
REVELATION 16:7-9
7 And I heard another out of the altar say, Even so, Lord God Almighty, true and righteous are thy judgments.
8 And the fourth angel poured out his vial upon the sun; and power was given unto him to scorch men with fire.
9 And men were scorched with great heat, and blasphemed the name of God, which hath power over these plagues: and they repented not to give him glory.
Glaciers suffer record shrinkage MAR 17,08
Some glaciers in Europe have suffered significant losses
The rate at which some of the world's glaciers are melting has more than doubled, data from the United Nations Environment Programme has shown. Average glacial shrinkage has risen from 30 centimetres per year between 1980 and 1999, to 1.5 metres in 2006. Some of the biggest losses have occurred in the Alps and Pyrenees mountain ranges in Europe. Experts have called for immediate action to reverse the trend, which is seen as a key climate change indicator.
Estimates for 2006 indicate shrinkage of 1.4 metres of water equivalent compared to half a metre in 2005. Achim Steiner, Under-Secretary General of the UN and executive director of its environment programme (UNEP), said: Millions if not billions of people depend directly or indirectly on these natural water storage facilities for drinking water, agriculture, industry and power generation during key parts of the year. There are many canaries emerging in the climate change coal mine. The glaciers are perhaps among those making the most noise and it is absolutely essential that everyone sits up and takes notice.
Litmus test
He said that action was already being taken and pointed out that the elements of a green economy were emerging from the more the money invested in renewable energies. Mr Steiner went on: The litmus test will come in late 2009 at the climate convention meeting in Copenhagen. Here governments must agree on a decisive new emissions reduction and adaptation-focused regime. Otherwise, and like the glaciers, our room for manoeuvre and the opportunity to act may simply melt away.Dr Ian Willis, of the Scott Polar Research Institute, said: It is not too late to stop the shrinkage of these ice sheets but we need to take action immediately.The findings were compiled by the World Glacier Monitoring Service which is supported by UNEP. Thickening and thinning is calculated in terms of water equivalent. laciers across nine mountain ranges were analysed.
Glaciers have been monitored for more than a century
Dr. Wilfried Haeberli, director of the service, said: The latest figures are part of what appears to be an accelerating trend with no apparent end in sight. This continues the trend in accelerated ice loss during the past two and a half decades and brings the total loss since 1980 to more than 10.5 metres of water equivalent.
During 1980-1999, average loss rates had been 0.3 metres per year. Since the turn of the millennium, this rate had increased to about half a metre per year. The record annual loss during these two decades - 0.7 metres in 1998 - has now been exceeded by three out of the past six year (2003, 2004 and 2006). On average, one metre water equivalent corresponds to 1.1 metres in ice thickness. That suggests a further shrinking in 2006 of 1.5 actual metres and since 1980 a total reduction in thickness of ice of just over 11.5 metres or almost 38 feet. In its entirety, the research includes figures from around 100 glaciers, with data showing significant shrinkage taking place in European countries including Austria, Norway, Sweden, Italy, Spain and Switzerland. Norway's Breidalblikkbrea glacier thinned by almost 3.1 metres in one of the largest reductions.
Monday March 17, 11:22 PM
Vatican to issue conciliatory note to Jews: sources
VATICAN CITY (Reuters) - Pope Benedict has approved a conciliatory statement for Jews upset by a Good Friday prayer that many saw as a call for their conversion, Catholic and Jewish sources said on Monday.The statement, likely to take the form of a letter from Vatican Secretary of State Cardinal Tarcisio Bertone to the chief rabbi of Israel, is expected to be released soon but perhaps not in time for this Good Friday on March 21.Bertone is second only to the Pope in the Vatican hierarchy, meaning the clarification is coming from the highest levels, as had been requested by the Jews, the sources said.The Vatican last month revised a contested Latin prayer used by a traditionalist minority on Good Friday, the day marking Jesus Christ's crucifixion, removing a reference to Jewish blindness over Christ and deleting a phrase asking God to remove the veil from their hearts.Jews criticized the new version because it still says they should recognize Jesus Christ as the savior of all men. It asks that all Israel may be saved and Jews say it keeps an underlying call to conversion that they had wanted removed.
But Cardinal Bertone will say in the letter that the new prayer is not a call for conversion or proselytism and that there was no turning back on dialogue between the two religions.The letter is expected to stress the concept that all salvation, including that of Israel, is in God's hands and that the prayer is not a call for missionary activity.Jewish groups complained last year when the Pope issued a decree allowing wider use of the old-style Latin Mass and a missal, or prayer book, that was phased out after the reforms of the Second Vatican Council, which met from 1962 to 1965.They protested against the re-introduction of the old prayer for conversion of the Jews and asked the Pope to change it.Jewish organizations such as the Anti-Defamation League (ADL), the American Jewish Committee and the International Jewish Committee on Inter-religious Consultations criticized the new version of the Good Friday prayer.According to sources familiar with drafts of the letter, it will say that the Vatican still takes as its reference point the landmark 1965 declaration Nostra Aetate (In our time).
This repudiated the concept of collective Jewish guilt for the killing of Christ and urged dialogue with Jews.Rabbis around the world had asked the Vatican to clarify the new prayer. Italy's Jewish community was particularly tough, saying the new prayer was a serious step backward that posed a fundamental obstacle to continued Catholic-Jewish relations.Sources on both sides said they hoped Bertone's letter to the chief rabbi would end the controversy.
They said it would say that the Church had no intention of returning to what one source called the language of contempt it had used in the past and wanted to stress mutual respect.The prayer will be heard only by a tiny minority of Catholics who attend services on Good Friday that are held in Latin rather than in their local languages as usual.(Reporting by Philip Pullella, editing by Tim Pearce)
Vatican plans to open church in Saudi Arabia
By Malcolm Moore in Rome 2:37am GMT 18/03/2008
The Vatican is in negotiations with Saudi Arabia to open the first Catholic church in the kingdom.
Saudi Arabia's camel love affair
Archbishop Mounged El-Hachem, the papal envoy to Kuwait, Qatar, Bahrain, Yemen and the United Arab Emirates said talks had started a few weeks ago, in the wake of King Abdullah’s visit to Pope Benedict last November. Currently, all Saudi citizens are required by law to be Muslim, and the Mutaween, or religious police, strictly prohibits the public practice of non-Muslim religions. The last Christian priest was expelled from the kingdom in 1985.
However, the Vatican’s relationship with the Muslim world is improving rapidly, and Qatar opened its first Catholic church on Sunday. Mgr El-Hachem said a church in Saudi Arabia would be an important sign of reciprocity between the faiths.Cardinal Jean-Louis Tauran, the Vatican's head of relations with Islam, has established a permanent body for dialogue between the religions.
However, he criticised the Archbishop of Canterbury for going too far in suggesting elements of Sharia law would inevitably be incorporated into the British legal system.
I WRITE NEWS ABOUT AND PUT NEWS ARTICLES ABOUT ISRAEL AND JERUSALEM PERTAINING TO BIBLE PROPHESY HAPPENINGS.JOEL 3:20 But Judah (ISRAEL) shall dwell for ever, and Jerusalem from generation to generation.(THATS ISRAEL-JERUSALEM WILL NEVER BE DESTROYED AGAIN)-WE CHRISTIANS ARE ALL WAITING PATIENTLY FOR THE PRE-TRIBULATION RAPTURE TO OCCUR.SO WE CAN GO TO JESUS AND GET OUR NEVER DYING BODIES.SO WE CAN RULE OVER CITIES OURSELVES.WHILE JESUS RULES FROM DAVIDS THRONE FOREVER IN JERUSALEM.
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Wednesday, March 19, 2008
Tuesday, March 18, 2008
CHINA MARKETS TAKE HIT
JPMorgan to buy Bear for $2 a share By JOE BEL BRUNO and MADLEN READ, AP Business Writers MAR 17,08
NEW YORK - Just four days after Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble, he was forced on Sunday to sell the investment bank to competitor JPMorgan Chase for a bargain-basement price of $2 a share, or $236.2million. The stunning last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of confidence in the global financial system sparked by the collapse in the subprime mortgage market. Bear Stearns was the most exposed to risky bets on the loans; it is now the first major bank to be undone by that market's collapse.The Federal Reserve and the U.S. government swiftly approved the all-stock buyout, showing the urgency of completing the deal before world markets opened. The Fed also essentially made the takeover risk-free by saying it would guarantee up to $30 billion of the troubled mortgage and other assets that got the nation's fifth-largest investment bank into trouble.
This is going to go down in very historic terms, said Peter Dunay, chief investment strategist for New York-based Meridian Equity Partners. This is about credit being overextended, and how bad it is for major financial institutions and for individuals. This is why we're probably heading into a recession.JPMorgan Chase & Co. said it will guarantee all business — such as trading and investment banking — until Bear Stearns' shareholders approve the deal, which is expected to be completed during the second quarter. The acquisition includes Bear Stearns' midtown Manhattan headquarters.JPMorgan Chief Financial Officer Michael Cavanagh did not say what would happen to Bear Stearns' 14,000 employees worldwide or whether the 85-year-old Bear Stearns name would live on after surviving the Great Depression, two World Wars and a slew of recessions. He told analysts and investors on a conference call that JPMorgan was most interested in buying Bear Stearns' prime brokerage business, which completes trades for big investors such as hedge funds.At almost the same time as the deal for control of Bear Stearns was announced, the Federal Reserve said it approved a cut in its lending rate to banks to 3.25 percent from 3.50 percent and created another lending facility for big investment banks. The central bank's official meeting is on Tuesday. Before the emergency move to lower the discount rate, which is the rate at which banks lend each other money, the Fed was widely expected to again cut its headline rate by as much as a full point to 2 percent.
Having taking Bear Stearns out of the problem category, and the strong action by the Federal Reserve, we would anticipate the market will behave quite differently on Monday than it was Thursday or Friday,Cavanagh said.Some analysts expected it to be a brutal day for global stocks, nevertheless. Shortly after the news broke, Japan's benchmark Nikkei stock index plunged more than 3 percent in morning trading.A bankruptcy protection filing of Bear Stearns could have heightened anxiety in world financial markets amid a deepening credit crunch. So far, global banks have written down some $200 billion worth of securities slammed amid the credit crisis — more write-downs could come. Last week, a bond fund controlled by private equity firm Carlyle Group faltered near collapse because of investments linked to mortgage-backed securities.JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.The past week has been an incredibly difficult time for Bear Stearns, Schwartz said in a statement. This represents the best outcome for all of our constituencies based upon the current circumstances.Wall Street analysts say the bid to rescue Bear Stearns was more than just saving one of the world's largest investments banks — it was a prop for the U.S. economy and the global financial system. An outright failure would cause huge losses for banks, hedge funds and other investors to which Bear Stearns is connected.After days of denials that it had liquidity problems, Bear was forced into a JPMorgan-led, government-backed bailout on Friday. The arrangement, the first of its kind since the 1930s, resulted in Bear getting a 28-day loan from JPMorgan with the government's guarantee that JPMorgan would not suffer any losses on the deal.
This is not the first time Bear Stearns has earned a place in Wall Street history. A decade ago, Bear Stearns refused to help bail out a hedge fund that was deemed too big to fail. On Friday, the tables had turned, with the now-struggling investment bank in need of the same kind of aid.Bear Stearns was founded in 1923 and in recent years was best known for its aggressive investing in mortgage-backed securities — and what was once a cash cow turned into the investment bank's undoing.In June, two Bear-managed hedge funds worth billions of dollars collapsed. The funds were heavily invested in securities backed by subprime mortgages. Until that point, subprime mortgage-backed securities were immensely popular with investors because of their profitability.The funds' demise and subsequent problems in the credit markets called into question Bear Stearns' ability to manage its own risk and the leadership ability of then-Chief Executive James Cayne. Critics of the company said Cayne spent too much time away from the office last year playing golf and bridge as the problems unfolded. Cayne is the same executive who refused to let Bear Stearns provide support as part of a Federal Reserve-led plan to rescue Long-Term Capital Management in 1998. His reticence was said to deeply anger some of his fellow Wall Street CEOs, and the episode came up every time Bear was reported to be in trouble in recent months.
Cayne took over from the legendary Alan Ace Greenberg in 1993. Greenberg joined Bear Stearns as a clerk, working his way up through the ranks to eventually take over as CEO in 1978. Greenberg was known for his irreverent style, and his regular memos to employees were turned into a book called Memos from the Chairman.
Before Greenberg's ascendancy to CEO, Bear Stearns began to expand from its New York roots throughout the 1950s and 1960s, opening international offices and expanding its U.S. operations. AP Business Writers Jeannine Aversa in Washington and Stephen Bernard contributed to this story.
HOARDING OF GOLD AND SILVER
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, 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
Asian stocks tumble on Bear Stearns news By KELLY OLSEN, AP Business Writer MAR 17,08
SEOUL, South Korea - Asian stocks plunged and the dollar sank Monday after JPMorgan Chase said it would acquire troubled U.S. investment bank Bear Stearns, signaling to investors the depths of the credit crisis. Oil prices hit a record in Asian trading and U.S. stock index futures were down sharply, suggesting Wall Street would open lower later Monday.JPMorgan said Sunday it would acquire Bear Stearns for $236.2 million — or $2 a share — in a deal that represents a stunning collapse for one of the world's largest and most venerable investment banks.The buyout was aimed at averting a bankruptcy and a spreading crisis of confidence in the global financial system.But to Asian investors the move suggested that the credit problems, triggered by defaults on risky U.S. mortgages, are far from over — and fanned worries that other big American banks could face serious troubles.There is persistent credit uncertainty. Market players have been repeatedly let down which shows the subprime mortgage problems are so deep-rooted, said Atsuji Ohara, global strategist of Shinko Securities in Tokyo.Just buying an investment bank does not solve the problem, he said. Markets are prodding (the U.S. government) to inject public funds.News of the acquisition of Bear Stearns stunned investors just before markets opened in Tokyo and Seoul.
Japan's benchmark 225 index sank 4.5 percent in early afternoon trading to 11,691.00 points, its lowest since July 2005. Hong Kong's Hang Seng index plunged as much as 5.4 percent before trimming some losses to trade at 21,304.38, down 4.2 percent.Across Asia, all major stock indexes were down, including markets in Australia, China, Indonesia and South Korea.We are worried about what comes next, Shim Jae-youb, a strategist at Meritz Securities in Seoul, said of concerns that other banks may face collapse.He said investors were on guard ahead of the release of quarterly earnings reports from big U.S. investment banks this week, including Lehman Brothers Holdings Inc., Goldman Sachs Group Inc., and Morgan Stanley. Bear Stearns had been scheduled to report its results Monday, though it wasn't clear if it would go ahead with that plan.In an extraordinarily rare weekend move, the Federal Reserve took bold action Sunday evening by cutting the discount rate, its lending rate to financial institutions, to 3.25 percent from 3.5 percent, effective immediately. The Fed also created another lending facility for big investment banks to secure short-term loans that would be available to big Wall Street firms on Monday.The Fed was also widely expected to again cut its headline interest rate by as much as a full percentage point to 2 percent at a regular meeting set for Tuesday.In currency trading, the dollar plunged to 95.72 yen — its lowest since August 1995 — driven down by a gloomy outlook for the American economy and prospects for lower interest rates. The euro rose to $1.5839.
Oil prices, meanwhile, hit an all-time trading high in Asia as the greenback's tumble and decline in stock markets prompted investors to seek shelter in commodities such as crude oil. Light, sweet crude for April delivery spiked to a record $111.42 a barrel in electronic trading on the New York Mercantile Exchange.On Friday, U.S. stocks sank after the announcement of a Fed plan in conjunction with JPMorgan to alleviate the liquidity crisis at Bear Stearns touched off concerns about the severity of credit troubles in the world's largest economy. The Dow Jones industrial average fell 194.65, or 1.60 percent, to 11,951.09.Wall Street appeared poised for another drop when trading resumed Monday morning. Dow index futures were down 232 points, or 1.9 percent, to 11,750, while the Standard & Poor's 500 index was down 21.7 points or 1.65 percent, to 1,291.6. Associated Press writers Chisaki Watanabe in Tokyo, Gillian Wong in Singapore and Anthony Deutsch in Jakarta contributed to this report.
Fed takes new steps to ease crisis By JEANNINE AVERSA, AP Economics Writer MAR 17,08
WASHINGTON - The Federal Reserve, in an extraordinarily rare weekend move, took bold action Sunday evening to provide cash to financially squeezed Wall Street investment houses, a fresh effort to prevent a spreading credit crisis from sinking the U.S. economy.
The central bank approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately, and created a lending facility for big investment banks to secure short-term loans. The new lending facility will be available to big Wall Street firms on Monday.These steps will provide financial institutions with greater assurance of access to funds, Federal Reserve Chairman Ben Bernanke told reporters in a brief conference call Sunday evening.The Fed acted just after JP Morgan Chase & Co. agreed to buy rival Bear Stearns Cos. for $236.2 million in a deal that represents a stunning collapse for one of the world's largest and most venerable investment banks. Just on Friday the Fed had raced to provide emergency financing to cash-strapped Bear Stearns through JP Morgan. Days earlier the Fed announced a set of other unconventional steps to thaw out a credit market in danger of freezing shut.It seems as if Bernanke & Co. are pulling out all the stops to avoid a serious financial market meltdown, Richard Yamarone, an economist at Argus Research, said Sunday evening.On world financial markets, Asian stocks plunged early Monday after the JPMorgan and Fed announcements. Markets in Australia and New Zealand also fell.The new lending facility — described as a cousin to the Fed's emergency lending discount window for banks — is geared to give major investment houses a source of short-term cash on a regular basis — if they need it.
It will be in place for at least six months and may be extended as conditions warrant, the Fed said. The interest rate will be 3.25 percent and a range of collateral — including investment-grade mortgage backed securities — will be accepted to back the overnight loans.This is the Fed as the Yucca Mountain of securitized debt, but it is no doubt necessary, said Terry Connelly, dean of Golden Gate University's Ageno School of Business, referring to the government's underground dump in Nevada for nuclear waste.Treasury Secretary Henry Paulson said he was pleased by Sunday's developments.Last Friday, I said that market participants are addressing challenges and I am pleased with recent developments. I appreciate the additional actions taken this evening by the Federal Reserve to enhance the stability, liquidity and orderliness of our markets, he said.We appreciate the actions taken by the Federal Reserve this evening, said White House press secretary Dana Perino. Secretary Paulson and Chairman Bernanke are actively engaged in addressing issues affecting our financial markets. Secretary Paulson has kept the president briefed on recent developments. The discount rate cut announced Sunday applies only to the short-term loans that financial institutions get directly from the Federal Reserve. It doesn't apply to individual borrowers.
The Fed's actions are the latest in a recent string of innovative steps to deal with a worsening credit crisis that has unhinged Wall Street. And, the action comes just two days before the central bank's scheduled meeting on Tuesday, where another big cut to a key interest rate that affects millions of people and businesses is expected to be ordered. That key rate is now at 3 percent and is expected to be cut by at least one-half percentage point on Tuesday. Analysts said the Fed's new steps may lessen pressure for a super-sized cut to that rate.The Fed said in a statement that the steps are designed to bolster market liquidity and promote orderly market functioning ... essential for the promotion of economic growth.Even with the Fed's aggressive moves, economic and financial conditions keep deteriorating. An increasing number of economists believe the country already has slipped into its first recession since 2001. Many economists think that the economy is shrinking now in the January-to-March quarter. The first government figures on first-quarter economic activity will be released in late April.
The Fed on Sunday also approved the financing arrangement through which JPMorgan will acquire Bear Stearns. JP Morgan said the Fed will provide special financing for the deal. The central bank has agreed to fund up to $30 billion of Bear Stearns' less liquid assets, according to JP Morgan.The housing collapse and credit crisis has dealt a one-two punch against financial companies and the economy as a whole. Financial institutions have racked up multibillion-dollar losses when mortgage-backed investments soured. Foreclosures have hit record highs as distressed borrowers — hit by slumping home prices and higher mortgage rates — couldn't make their monthly payments. It has become a vicious cycle. The Fed this past week said it would pour as much as $200 billion into big Wall Street banks and investment houses and allow them to put up risky home-loan packages as collateral to borrow much-in-demand Treasury securities. This maneuver — slated to start on March 27 — was intended to bring sorely needed relief in the market for mortgage securities. The Fed also has offered as much as $200 billion in short-term loans to banks and large financial institutions. AP Business writers Joe Bel Bruno and Madlen Read contributed to this report from New York.
INVENTION OF THE ATOMIC BOMB.
2 PETER 3:10-11
10 But the day of the Lord will come as a thief in the night; in the which the heavens shall pass away with a great noise, and the elements shall melt with fervent heat, the earth also and the works that are therein shall be burned up.
11 Seeing then that all these things shall be dissolved, what manner of persons ought ye to be in all holy conversation and godliness,
NUCLEAR WEAPONS WILL BE USED.
REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)
ISAIAH 66:15-18
15 For, behold, the LORD will come with fire, and with his chariots like a whirlwind, to render his anger with fury, and his rebuke with flames of fire.
16 For by fire and by his sword will the LORD plead with all flesh: and the slain of the LORD shall be many.
17 They that sanctify themselves, and purify themselves in the gardens behind one tree in the midst, eating swine's flesh, and the abomination, and the mouse, shall be consumed together, saith the LORD.
18 For I know their works and their thoughts: it shall come, that I will gather all nations and tongues; and they shall come, and see my glory.
ISAIAH 26:21
21 For, behold, the LORD cometh out of his place to punish the inhabitants of the earth for their iniquity: the earth also shall disclose her blood, and shall no more cover her slain.(WW3,1/2 earths population die).
ISAIAH 13:6-13 KJV
6 Howl ye; for the day of the LORD is at hand; it shall come as a destruction from the Almighty.
7 Therefore shall all hands be faint, and every man's heart shall melt:(FROM FRIGHT)
8 And they shall be afraid: pangs and sorrows shall take hold of them; they shall be in pain as a woman that travaileth: they shall be amazed one at another; their faces shall be as flames.
9 Behold, the day of the LORD cometh, cruel both with wrath and fierce anger, to lay the land desolate: and he shall destroy the sinners thereof out of it.
10 For the stars of heaven and the constellations thereof shall not give their light: the sun shall be darkened in his going forth, and the moon shall not cause her light to shine.
11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
12 I will make a man more precious than fine gold; even a man than the golden wedge of Ophir.
13 Therefore I will shake the heavens, and the earth shall remove out of her place, in the wrath of the LORD of hosts, and in the day of his fierce anger.
ISAIAH 24:17-23 KJV
17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
19 The earth is utterly broken down, the earth is clean dissolved, the earth is moved exceedingly.
20 The earth shall reel to and fro like a drunkard, and shall be removed like a cottage; and the transgression thereof shall be heavy upon it; and it shall fall, and not rise again.
21 And it shall come to pass in that day, that the LORD shall punish the host of the high ones that are on high, and the kings of the earth upon the earth.
22 And they shall be gathered together, as prisoners are gathered in the pit, and shall be shut up in the prison, and after many days shall they be visited.
23 Then the moon shall be confounded, and the sun ashamed, when the LORD of hosts shall reign in mount Zion, and in Jerusalem, and before his ancients gloriously.
2 TIMOTHY 3:1
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
JOEL 2:20,30
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.
EZEKIEL 20:47
47 And say to the forest of the south, Hear the word of the LORD; Thus saith the Lord GOD; Behold, I will kindle a fire in thee, and it shall devour every green tree in thee, and every dry tree: the flaming flame shall not be quenched, and all faces from the south to the north shall be burned therein.
ZEPHANIAH 1:18
18 Neither their silver nor their gold shall be able to deliver them in the day of the LORD'S wrath; but the whole land shall be devoured by the fire of his jealousy: for he shall make even a speedy riddance of all them that dwell in the land.
MALACHI 4:1
1 For, behold, the day cometh, that shall burn as an oven; and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the LORD of hosts, that it shall leave them neither root nor branch.
REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.
REVELATION 9:18
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.
HALF OF EARTHS POPULATION DIE DURING THE 7 YR TRIBULATION.(THESE VERSES ARE JUDGEMENT SCRIPTURES NOT RAPTURE SCRIPTURES)
LUKE 17:34-37
34 I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left.
35 Two women shall be grinding together; the one shall be taken, and the other left.
36 Two men shall be in the field; the one shall be taken, and the other left.
37 And they answered and said unto him, Where, Lord? And he said unto them, Wheresoever the body is, thither will the eagles be gathered together.(Christians have new bodies,this is the people against Jerusalem during the 7 yr treaty)(Christians bodies are not being eaten by the birds).
MATTHEW 24:37-51
37 But as the days of Noe were, so shall also the coming of the Son of man be.
38 For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark,
39 And knew not until the flood came, and took them all away; so shall also the coming of the Son of man be.
40 Then shall two be in the field; the one shall be taken, and the other left.
41 Two women shall be grinding at the mill; the one shall be taken, and the other left.
42 Watch therefore: for ye know not what hour your Lord doth come.
43 But know this, that if the goodman of the house had known in what watch the thief would come, he would have watched, and would not have suffered his house to be broken up.
44 Therefore be ye also ready: for in such an hour as ye think not the Son of man cometh.
45 Who then is a faithful and wise servant, whom his lord hath made ruler over his household, to give them meat in due season?
46 Blessed is that servant, whom his lord when he cometh shall find so doing.
47 Verily I say unto you, That he shall make him ruler over all his goods.
48 But and if that evil servant shall say in his heart, My lord delayeth his coming;
49 And shall begin to smite his fellowservants, and to eat and drink with the drunken;
50 The lord of that servant shall come in a day when he looketh not for him, and in an hour that he is not aware of,
51 And shall cut him asunder, and appoint him his portion with the hypocrites: there shall be weeping and gnashing of teeth.
Israel test-fires missile to intercept Gaza rockets Sun Mar 16, 4:05PM ET
JERUSALEM (AFP) - Israel last week test-fired a missile capable of intercepting short-range rockets like those fired by Palestinian militants from the Gaza Strip, Channel 10 television reported Sunday. This weapons system will be operational in 2010, said General Dany Gotlib, who is in charge of research at the Israeli defence ministry.Television showed pictures of the test-firing which it said took place in southern Israel.In December the Israeli government earmarked more than 200 million dollars (140 million euros) for the development of an advanced defence system dubbed Iron Dome aimed at countering rocket fire from Gaza and Lebanon.
Israel's Rafael Advanced Defence Systems arms firm is developing the system which is capable of knocking down rockets with a range from 4-70 kilometres (2.5-43.4 miles), such as the homemade Qassam used by Palestinian militants.Iron Dome is part of a multi-layered defence system aimed at protecting Israel from short-range missiles and rockets fired by militants in Gaza or Lebanon, and longer-range missiles in the arsenals of regional foes Iran and Syria.The Israeli army has had little success in ending the nearly daily rocket fire from the Gaza Strip, which has killed 14 people in southern Israel since the start of the second Palestinian uprising in September 2000.
NEW YORK - Just four days after Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble, he was forced on Sunday to sell the investment bank to competitor JPMorgan Chase for a bargain-basement price of $2 a share, or $236.2million. The stunning last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of confidence in the global financial system sparked by the collapse in the subprime mortgage market. Bear Stearns was the most exposed to risky bets on the loans; it is now the first major bank to be undone by that market's collapse.The Federal Reserve and the U.S. government swiftly approved the all-stock buyout, showing the urgency of completing the deal before world markets opened. The Fed also essentially made the takeover risk-free by saying it would guarantee up to $30 billion of the troubled mortgage and other assets that got the nation's fifth-largest investment bank into trouble.
This is going to go down in very historic terms, said Peter Dunay, chief investment strategist for New York-based Meridian Equity Partners. This is about credit being overextended, and how bad it is for major financial institutions and for individuals. This is why we're probably heading into a recession.JPMorgan Chase & Co. said it will guarantee all business — such as trading and investment banking — until Bear Stearns' shareholders approve the deal, which is expected to be completed during the second quarter. The acquisition includes Bear Stearns' midtown Manhattan headquarters.JPMorgan Chief Financial Officer Michael Cavanagh did not say what would happen to Bear Stearns' 14,000 employees worldwide or whether the 85-year-old Bear Stearns name would live on after surviving the Great Depression, two World Wars and a slew of recessions. He told analysts and investors on a conference call that JPMorgan was most interested in buying Bear Stearns' prime brokerage business, which completes trades for big investors such as hedge funds.At almost the same time as the deal for control of Bear Stearns was announced, the Federal Reserve said it approved a cut in its lending rate to banks to 3.25 percent from 3.50 percent and created another lending facility for big investment banks. The central bank's official meeting is on Tuesday. Before the emergency move to lower the discount rate, which is the rate at which banks lend each other money, the Fed was widely expected to again cut its headline rate by as much as a full point to 2 percent.
Having taking Bear Stearns out of the problem category, and the strong action by the Federal Reserve, we would anticipate the market will behave quite differently on Monday than it was Thursday or Friday,Cavanagh said.Some analysts expected it to be a brutal day for global stocks, nevertheless. Shortly after the news broke, Japan's benchmark Nikkei stock index plunged more than 3 percent in morning trading.A bankruptcy protection filing of Bear Stearns could have heightened anxiety in world financial markets amid a deepening credit crunch. So far, global banks have written down some $200 billion worth of securities slammed amid the credit crisis — more write-downs could come. Last week, a bond fund controlled by private equity firm Carlyle Group faltered near collapse because of investments linked to mortgage-backed securities.JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.The past week has been an incredibly difficult time for Bear Stearns, Schwartz said in a statement. This represents the best outcome for all of our constituencies based upon the current circumstances.Wall Street analysts say the bid to rescue Bear Stearns was more than just saving one of the world's largest investments banks — it was a prop for the U.S. economy and the global financial system. An outright failure would cause huge losses for banks, hedge funds and other investors to which Bear Stearns is connected.After days of denials that it had liquidity problems, Bear was forced into a JPMorgan-led, government-backed bailout on Friday. The arrangement, the first of its kind since the 1930s, resulted in Bear getting a 28-day loan from JPMorgan with the government's guarantee that JPMorgan would not suffer any losses on the deal.
This is not the first time Bear Stearns has earned a place in Wall Street history. A decade ago, Bear Stearns refused to help bail out a hedge fund that was deemed too big to fail. On Friday, the tables had turned, with the now-struggling investment bank in need of the same kind of aid.Bear Stearns was founded in 1923 and in recent years was best known for its aggressive investing in mortgage-backed securities — and what was once a cash cow turned into the investment bank's undoing.In June, two Bear-managed hedge funds worth billions of dollars collapsed. The funds were heavily invested in securities backed by subprime mortgages. Until that point, subprime mortgage-backed securities were immensely popular with investors because of their profitability.The funds' demise and subsequent problems in the credit markets called into question Bear Stearns' ability to manage its own risk and the leadership ability of then-Chief Executive James Cayne. Critics of the company said Cayne spent too much time away from the office last year playing golf and bridge as the problems unfolded. Cayne is the same executive who refused to let Bear Stearns provide support as part of a Federal Reserve-led plan to rescue Long-Term Capital Management in 1998. His reticence was said to deeply anger some of his fellow Wall Street CEOs, and the episode came up every time Bear was reported to be in trouble in recent months.
Cayne took over from the legendary Alan Ace Greenberg in 1993. Greenberg joined Bear Stearns as a clerk, working his way up through the ranks to eventually take over as CEO in 1978. Greenberg was known for his irreverent style, and his regular memos to employees were turned into a book called Memos from the Chairman.
Before Greenberg's ascendancy to CEO, Bear Stearns began to expand from its New York roots throughout the 1950s and 1960s, opening international offices and expanding its U.S. operations. AP Business Writers Jeannine Aversa in Washington and Stephen Bernard contributed to this story.
HOARDING OF GOLD AND SILVER
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, 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
Asian stocks tumble on Bear Stearns news By KELLY OLSEN, AP Business Writer MAR 17,08
SEOUL, South Korea - Asian stocks plunged and the dollar sank Monday after JPMorgan Chase said it would acquire troubled U.S. investment bank Bear Stearns, signaling to investors the depths of the credit crisis. Oil prices hit a record in Asian trading and U.S. stock index futures were down sharply, suggesting Wall Street would open lower later Monday.JPMorgan said Sunday it would acquire Bear Stearns for $236.2 million — or $2 a share — in a deal that represents a stunning collapse for one of the world's largest and most venerable investment banks.The buyout was aimed at averting a bankruptcy and a spreading crisis of confidence in the global financial system.But to Asian investors the move suggested that the credit problems, triggered by defaults on risky U.S. mortgages, are far from over — and fanned worries that other big American banks could face serious troubles.There is persistent credit uncertainty. Market players have been repeatedly let down which shows the subprime mortgage problems are so deep-rooted, said Atsuji Ohara, global strategist of Shinko Securities in Tokyo.Just buying an investment bank does not solve the problem, he said. Markets are prodding (the U.S. government) to inject public funds.News of the acquisition of Bear Stearns stunned investors just before markets opened in Tokyo and Seoul.
Japan's benchmark 225 index sank 4.5 percent in early afternoon trading to 11,691.00 points, its lowest since July 2005. Hong Kong's Hang Seng index plunged as much as 5.4 percent before trimming some losses to trade at 21,304.38, down 4.2 percent.Across Asia, all major stock indexes were down, including markets in Australia, China, Indonesia and South Korea.We are worried about what comes next, Shim Jae-youb, a strategist at Meritz Securities in Seoul, said of concerns that other banks may face collapse.He said investors were on guard ahead of the release of quarterly earnings reports from big U.S. investment banks this week, including Lehman Brothers Holdings Inc., Goldman Sachs Group Inc., and Morgan Stanley. Bear Stearns had been scheduled to report its results Monday, though it wasn't clear if it would go ahead with that plan.In an extraordinarily rare weekend move, the Federal Reserve took bold action Sunday evening by cutting the discount rate, its lending rate to financial institutions, to 3.25 percent from 3.5 percent, effective immediately. The Fed also created another lending facility for big investment banks to secure short-term loans that would be available to big Wall Street firms on Monday.The Fed was also widely expected to again cut its headline interest rate by as much as a full percentage point to 2 percent at a regular meeting set for Tuesday.In currency trading, the dollar plunged to 95.72 yen — its lowest since August 1995 — driven down by a gloomy outlook for the American economy and prospects for lower interest rates. The euro rose to $1.5839.
Oil prices, meanwhile, hit an all-time trading high in Asia as the greenback's tumble and decline in stock markets prompted investors to seek shelter in commodities such as crude oil. Light, sweet crude for April delivery spiked to a record $111.42 a barrel in electronic trading on the New York Mercantile Exchange.On Friday, U.S. stocks sank after the announcement of a Fed plan in conjunction with JPMorgan to alleviate the liquidity crisis at Bear Stearns touched off concerns about the severity of credit troubles in the world's largest economy. The Dow Jones industrial average fell 194.65, or 1.60 percent, to 11,951.09.Wall Street appeared poised for another drop when trading resumed Monday morning. Dow index futures were down 232 points, or 1.9 percent, to 11,750, while the Standard & Poor's 500 index was down 21.7 points or 1.65 percent, to 1,291.6. Associated Press writers Chisaki Watanabe in Tokyo, Gillian Wong in Singapore and Anthony Deutsch in Jakarta contributed to this report.
Fed takes new steps to ease crisis By JEANNINE AVERSA, AP Economics Writer MAR 17,08
WASHINGTON - The Federal Reserve, in an extraordinarily rare weekend move, took bold action Sunday evening to provide cash to financially squeezed Wall Street investment houses, a fresh effort to prevent a spreading credit crisis from sinking the U.S. economy.
The central bank approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately, and created a lending facility for big investment banks to secure short-term loans. The new lending facility will be available to big Wall Street firms on Monday.These steps will provide financial institutions with greater assurance of access to funds, Federal Reserve Chairman Ben Bernanke told reporters in a brief conference call Sunday evening.The Fed acted just after JP Morgan Chase & Co. agreed to buy rival Bear Stearns Cos. for $236.2 million in a deal that represents a stunning collapse for one of the world's largest and most venerable investment banks. Just on Friday the Fed had raced to provide emergency financing to cash-strapped Bear Stearns through JP Morgan. Days earlier the Fed announced a set of other unconventional steps to thaw out a credit market in danger of freezing shut.It seems as if Bernanke & Co. are pulling out all the stops to avoid a serious financial market meltdown, Richard Yamarone, an economist at Argus Research, said Sunday evening.On world financial markets, Asian stocks plunged early Monday after the JPMorgan and Fed announcements. Markets in Australia and New Zealand also fell.The new lending facility — described as a cousin to the Fed's emergency lending discount window for banks — is geared to give major investment houses a source of short-term cash on a regular basis — if they need it.
It will be in place for at least six months and may be extended as conditions warrant, the Fed said. The interest rate will be 3.25 percent and a range of collateral — including investment-grade mortgage backed securities — will be accepted to back the overnight loans.This is the Fed as the Yucca Mountain of securitized debt, but it is no doubt necessary, said Terry Connelly, dean of Golden Gate University's Ageno School of Business, referring to the government's underground dump in Nevada for nuclear waste.Treasury Secretary Henry Paulson said he was pleased by Sunday's developments.Last Friday, I said that market participants are addressing challenges and I am pleased with recent developments. I appreciate the additional actions taken this evening by the Federal Reserve to enhance the stability, liquidity and orderliness of our markets, he said.We appreciate the actions taken by the Federal Reserve this evening, said White House press secretary Dana Perino. Secretary Paulson and Chairman Bernanke are actively engaged in addressing issues affecting our financial markets. Secretary Paulson has kept the president briefed on recent developments. The discount rate cut announced Sunday applies only to the short-term loans that financial institutions get directly from the Federal Reserve. It doesn't apply to individual borrowers.
The Fed's actions are the latest in a recent string of innovative steps to deal with a worsening credit crisis that has unhinged Wall Street. And, the action comes just two days before the central bank's scheduled meeting on Tuesday, where another big cut to a key interest rate that affects millions of people and businesses is expected to be ordered. That key rate is now at 3 percent and is expected to be cut by at least one-half percentage point on Tuesday. Analysts said the Fed's new steps may lessen pressure for a super-sized cut to that rate.The Fed said in a statement that the steps are designed to bolster market liquidity and promote orderly market functioning ... essential for the promotion of economic growth.Even with the Fed's aggressive moves, economic and financial conditions keep deteriorating. An increasing number of economists believe the country already has slipped into its first recession since 2001. Many economists think that the economy is shrinking now in the January-to-March quarter. The first government figures on first-quarter economic activity will be released in late April.
The Fed on Sunday also approved the financing arrangement through which JPMorgan will acquire Bear Stearns. JP Morgan said the Fed will provide special financing for the deal. The central bank has agreed to fund up to $30 billion of Bear Stearns' less liquid assets, according to JP Morgan.The housing collapse and credit crisis has dealt a one-two punch against financial companies and the economy as a whole. Financial institutions have racked up multibillion-dollar losses when mortgage-backed investments soured. Foreclosures have hit record highs as distressed borrowers — hit by slumping home prices and higher mortgage rates — couldn't make their monthly payments. It has become a vicious cycle. The Fed this past week said it would pour as much as $200 billion into big Wall Street banks and investment houses and allow them to put up risky home-loan packages as collateral to borrow much-in-demand Treasury securities. This maneuver — slated to start on March 27 — was intended to bring sorely needed relief in the market for mortgage securities. The Fed also has offered as much as $200 billion in short-term loans to banks and large financial institutions. AP Business writers Joe Bel Bruno and Madlen Read contributed to this report from New York.
INVENTION OF THE ATOMIC BOMB.
2 PETER 3:10-11
10 But the day of the Lord will come as a thief in the night; in the which the heavens shall pass away with a great noise, and the elements shall melt with fervent heat, the earth also and the works that are therein shall be burned up.
11 Seeing then that all these things shall be dissolved, what manner of persons ought ye to be in all holy conversation and godliness,
NUCLEAR WEAPONS WILL BE USED.
REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)
ISAIAH 66:15-18
15 For, behold, the LORD will come with fire, and with his chariots like a whirlwind, to render his anger with fury, and his rebuke with flames of fire.
16 For by fire and by his sword will the LORD plead with all flesh: and the slain of the LORD shall be many.
17 They that sanctify themselves, and purify themselves in the gardens behind one tree in the midst, eating swine's flesh, and the abomination, and the mouse, shall be consumed together, saith the LORD.
18 For I know their works and their thoughts: it shall come, that I will gather all nations and tongues; and they shall come, and see my glory.
ISAIAH 26:21
21 For, behold, the LORD cometh out of his place to punish the inhabitants of the earth for their iniquity: the earth also shall disclose her blood, and shall no more cover her slain.(WW3,1/2 earths population die).
ISAIAH 13:6-13 KJV
6 Howl ye; for the day of the LORD is at hand; it shall come as a destruction from the Almighty.
7 Therefore shall all hands be faint, and every man's heart shall melt:(FROM FRIGHT)
8 And they shall be afraid: pangs and sorrows shall take hold of them; they shall be in pain as a woman that travaileth: they shall be amazed one at another; their faces shall be as flames.
9 Behold, the day of the LORD cometh, cruel both with wrath and fierce anger, to lay the land desolate: and he shall destroy the sinners thereof out of it.
10 For the stars of heaven and the constellations thereof shall not give their light: the sun shall be darkened in his going forth, and the moon shall not cause her light to shine.
11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
12 I will make a man more precious than fine gold; even a man than the golden wedge of Ophir.
13 Therefore I will shake the heavens, and the earth shall remove out of her place, in the wrath of the LORD of hosts, and in the day of his fierce anger.
ISAIAH 24:17-23 KJV
17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
19 The earth is utterly broken down, the earth is clean dissolved, the earth is moved exceedingly.
20 The earth shall reel to and fro like a drunkard, and shall be removed like a cottage; and the transgression thereof shall be heavy upon it; and it shall fall, and not rise again.
21 And it shall come to pass in that day, that the LORD shall punish the host of the high ones that are on high, and the kings of the earth upon the earth.
22 And they shall be gathered together, as prisoners are gathered in the pit, and shall be shut up in the prison, and after many days shall they be visited.
23 Then the moon shall be confounded, and the sun ashamed, when the LORD of hosts shall reign in mount Zion, and in Jerusalem, and before his ancients gloriously.
2 TIMOTHY 3:1
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
JOEL 2:20,30
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.
EZEKIEL 20:47
47 And say to the forest of the south, Hear the word of the LORD; Thus saith the Lord GOD; Behold, I will kindle a fire in thee, and it shall devour every green tree in thee, and every dry tree: the flaming flame shall not be quenched, and all faces from the south to the north shall be burned therein.
ZEPHANIAH 1:18
18 Neither their silver nor their gold shall be able to deliver them in the day of the LORD'S wrath; but the whole land shall be devoured by the fire of his jealousy: for he shall make even a speedy riddance of all them that dwell in the land.
MALACHI 4:1
1 For, behold, the day cometh, that shall burn as an oven; and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the LORD of hosts, that it shall leave them neither root nor branch.
REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.
REVELATION 9:18
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.
HALF OF EARTHS POPULATION DIE DURING THE 7 YR TRIBULATION.(THESE VERSES ARE JUDGEMENT SCRIPTURES NOT RAPTURE SCRIPTURES)
LUKE 17:34-37
34 I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left.
35 Two women shall be grinding together; the one shall be taken, and the other left.
36 Two men shall be in the field; the one shall be taken, and the other left.
37 And they answered and said unto him, Where, Lord? And he said unto them, Wheresoever the body is, thither will the eagles be gathered together.(Christians have new bodies,this is the people against Jerusalem during the 7 yr treaty)(Christians bodies are not being eaten by the birds).
MATTHEW 24:37-51
37 But as the days of Noe were, so shall also the coming of the Son of man be.
38 For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark,
39 And knew not until the flood came, and took them all away; so shall also the coming of the Son of man be.
40 Then shall two be in the field; the one shall be taken, and the other left.
41 Two women shall be grinding at the mill; the one shall be taken, and the other left.
42 Watch therefore: for ye know not what hour your Lord doth come.
43 But know this, that if the goodman of the house had known in what watch the thief would come, he would have watched, and would not have suffered his house to be broken up.
44 Therefore be ye also ready: for in such an hour as ye think not the Son of man cometh.
45 Who then is a faithful and wise servant, whom his lord hath made ruler over his household, to give them meat in due season?
46 Blessed is that servant, whom his lord when he cometh shall find so doing.
47 Verily I say unto you, That he shall make him ruler over all his goods.
48 But and if that evil servant shall say in his heart, My lord delayeth his coming;
49 And shall begin to smite his fellowservants, and to eat and drink with the drunken;
50 The lord of that servant shall come in a day when he looketh not for him, and in an hour that he is not aware of,
51 And shall cut him asunder, and appoint him his portion with the hypocrites: there shall be weeping and gnashing of teeth.
Israel test-fires missile to intercept Gaza rockets Sun Mar 16, 4:05PM ET
JERUSALEM (AFP) - Israel last week test-fired a missile capable of intercepting short-range rockets like those fired by Palestinian militants from the Gaza Strip, Channel 10 television reported Sunday. This weapons system will be operational in 2010, said General Dany Gotlib, who is in charge of research at the Israeli defence ministry.Television showed pictures of the test-firing which it said took place in southern Israel.In December the Israeli government earmarked more than 200 million dollars (140 million euros) for the development of an advanced defence system dubbed Iron Dome aimed at countering rocket fire from Gaza and Lebanon.
Israel's Rafael Advanced Defence Systems arms firm is developing the system which is capable of knocking down rockets with a range from 4-70 kilometres (2.5-43.4 miles), such as the homemade Qassam used by Palestinian militants.Iron Dome is part of a multi-layered defence system aimed at protecting Israel from short-range missiles and rockets fired by militants in Gaza or Lebanon, and longer-range missiles in the arsenals of regional foes Iran and Syria.The Israeli army has had little success in ending the nearly daily rocket fire from the Gaza Strip, which has killed 14 people in southern Israel since the start of the second Palestinian uprising in September 2000.
Monday, March 17, 2008
SANHEDRIN GETS 1ST CASE
SANHEDRINS FIRST CASE
THE SANHEDRIN IN ISRAEL HAD THEIR FIRST CASE OF SETTING AN INNOCENT 18 YEAR OLD ISRAELI WOMEN FREE FROM JAIL.
THE BIBLE SAYS THESE ISRAELI JUDGES (71) WILL ONCE AGAIN RULE IN ISRAEL IN THE DAYS LEADING TO THE COMING OF THE MESSIAH TO EARTH KING JESUS
Israeli Court Refers Case of Jailed Teen to Sanhedrin Court
by Ezra HaLevi MAR 14,08
(IsraelNN.com) Tzviya Sariel of Elon Moreh, who has been held in jail since December for refusing to recognize the authority of the secular court system, was allowed to testify before a Torah court set up by the nascent Sanhedrin Friday. The Sanhedrin Court for Matters of People and State ordered her immediate release.The court, headed by Rabbi Yisrael Ariel, heard Sariel’s testimony after a judge from Netanya’s Magistrates Court ordered that she be allowed to attend the hearing on the limits of the youth’s struggle against the Israeli judicial system. It is presumed that Netanya Magistrates Court Judge Smadar Kolander-Abramovitch hoped the Sanhedrin court would instruct Sariel to put and end to her struggle and recognize the civil courts. The Court For Matters of People and State also heard testimony from the girl’s mother, as well as Shmuel Medad of the Honenu legal assistance organization. The court concluded that Sariel’s right to refuse to recognize Israel’s current justice system is justified and ruled that the only limitation to the struggle is the ability of each individual to withstand the difficulties of prison. The court also ordered that Sariel be released immediately, without any limitations. Every day and every hour that Tzvia Sariel spends behind bars is a wrongdoing to this girl, Rabbi Ariel ruled. Justice demands to release her immediately. It is a serious stain on the judiciary system in Israel. According to the Torah law of Israel, we are demanding her immediate release without conditions and to erase the indictment.
The hearing was marked by uncertainty over legal procedure, according to IsraelJustice.com. Attorneys did not understand what role was given to the rabbinical court in a criminal case and whether the rabbis were granted any authority over the civil court judge who approved the procedure. Usually, Rabbinical courts are only authorized to hear cases that concern marriage and divorce. There is a question of authorities, Honenu's Meidad explained.
Sariel was arrested in December and has been held for three months for allegedly pushing an Arab who entered her town to pick olives. Judges decided to keep her in prison without formal charges after she refused to cooperate with the secular justice system. Sariel, 18, remains in prison even after two Arab men, witnesses called by the prosecution, testified that she was not involved in the alleged physical assault.
Jabber Mahmoud Hussein, called to the stand by the Prosecution, said: I managed to come to court twice, despite the fact that the accused didn't hit me or do anything bad to us at all...we are prepared to close this case because all we want is to harvest olives in peace.
Precedent: State of Israel Recognizes Sanhedrin
The Sanhedrin court called for the establishment of a committee to act as bridge between the state's law and Torah law, in light of the legal precedent set by the Israeli court’s recognition of the court and its findings. It is no coincidence that the hearing took place on the anniversary of the passing of Moses our teacher, the father of Hebrew law, and close to the days of Purim, when it is said that the Jews reaccepted and affirmed their commitment to the law of the Torah, a statement from the court said.After the verdict was read, the court's rabbis, wrapped in prayer shawls, stood and recited the special prayers accepting the justice of the Almighty, according to IsraelJustice.com: Everyone in the courtroom followed in a loud chant to say the words, Hear O' Israel, the L-rd is our G-d, the L-rd is One,despite an attempt by prison guards to prevent supporters, including Ruth Sariel, Tzvia's mother, from entering the hearing.Following the hearing, the officials present from the Prisons Authority affirmed their commitment to carry out the verdict of the Sanhedrin court. Prisons' Authority warden Hila Furis reportedly told those present: The Prisons' Authority recognizes the authority of the [Sanhedrin] court and will act to implement the verdict.They removed Sariel's leg restraints and claimed she was being brought to the Ramle Magistrates court, where she would be released before the Sabbath.
Sariel was returned to Neve Tirza Prison, however, where she spent the Sabbath. Her parents say she has been placed in solitary confinement. Rabbi Ariel said the court would continue to follow the case and work for Sariel’s release, in accordance with the directives of the Netanya court.The nascent Sanhedrin, headed by Rabbi Adin Even-Israel Steinsaltz, was established in 2004, with the renewal of Semikha (ordination) in order to create the infrastructure necessary to fulfill the Torah obligation of reestablishing the supreme Jewish legal body of 71 Torah scholars. The Court for People and State has been one of the most active projects of the nascent Sanhedrin. The Sanhedrin court is not, as of yet, universally accepted, even among the many streams of observant Judaism. Those now participating are committed to stepping aside when greater or more prominent scholars take their seats.
DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TR BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).
REVELATION 13:1
1 And I stood upon the sand of the sea,(MEDITERRANEAN) and saw a beast rise up out of the sea, having seven heads (POSSIBLY THE 7 SANHEDRIN JUDGES) and ten horns, (10 WORLD REGIONS TRADING BLOCKS) and upon his horns ten crowns, and upon his heads the name of blasphemy. (ALL HEADED BY THE E.U (EUROPEAN UNION).
I WONDER COULD THE 7 JUDGES BE THE 7 HEADS ALSO TO GO WITH THE 10 HORNS AND TOES OF THE EUROPEAN UNION. INTERESTING. SINCE ISRAEL WILL BE A MAJOR PART OF THE SCENE IN THE FUTURE.
Current members of the Nascent Sanhedrin
From The Sanhedrin - en Background Information 7 JUDGES
The members of the Sanhedrin can generally be characterized as people who are extremely dedicated to their work They fall under the category of our Mishnah – Those who love the effort and hate the [pride that comes with the] Rabbinut. (Pirke Avot) Many of them try to fulfill the words of the Rambam, to endeavor in Torah without receiving compensation for such. Many distance themselves from serving in appointed positions as rabbis. The following material is based on publicly available information, and thus is not always complete.
Due to concerns that external pressure would be brought to bear upon individuals not to take part in the establishment of a Sanhedrin, the names of most participants have been withheld up to this point, upon the request of the Sanhedrin's spokesmen.
The Sanhedrin selected of a group of seven individuals from among themselves to represent the institution in dealings with the public and with Gedolei Yisrael - recognized spiritual leaders of Israel. It was decided to release the names for purposes of transparency as well. It is hoped that the release of the seven names will encourage those who believe that their own rabbis or teachers can contribute to the endeavor, to propose that they also be included in the legislature.
The authorized representatives of the Sanhedrin are as follows:
Rabbi Adin Steinzaltz Teacher, philosopher, social critic and prolific author who has been hailed by Time magazine as a once-in-a-millennium scholar. His lifelong work in Jewish education earned him the Israel Prize, his country’s highest honor. Born in Jerusalem in 1937, Rabbi Steinsaltz studied physics and chemistry at the Hebrew University. Following graduation, he established several experimental schools and, at the age of 24, became Israel’s youngest school principal.
In 1965, he began his monumental Hebrew translation and commentary on the Talmud. To date, he has published 38 of the anticipated 46 volumes. The Rabbi’s classic work of Kabbalah, The Thirteen Petalled Rose, was first published in 1980 and now appears in eight languages. In all, Rabbi Steinsaltz has authored some 60 books and hundreds of articles on subjects ranging from theology to social commentary.
Continuing his work as a teacher and spiritual mentor, Rabbi Steinsaltz established a network of schools and educational institutions in Israel and the former Soviet Union. He has served as scholar in residence at the Woodrow Wilson Center for International Studies in Washington, D.C. and the Institute for Advanced Studies at Princeton University. His honorary degrees include doctorates from Yeshiva University, Ben Gurion University of the Negev, Bar Ilan University, Brandeis University, and Florida International University.
Rabbi Yoel Shwartz An outstanding Torah scholar and prolific writer has published over 200 seforim. He is a product of the great Yeshivot Poneviz and Mir and merited to study with the famous Mashgiach of Yeshivat Mir, Rabbi Chaim Shmuelevitch zt l. As a past Mashgiach in Yeshivat Itri and currently a Ram in Yeshivat Dvar Yerushalayim, Rabbi Schwartz brings scores of years of experience in Torah education to the Nahal Haredi. Rabbi Schwartz has served as a spiritual advisor and educator since the inception of the program in 1999. He resides in Jerusalem with his wife, children and grandchildren.
Directly under these are four more rabbis who, together with the above three, are the democratically-elected leadership council of the Sanhedrin. They are (not in order of seniority):
Rabbi Dov Levanoni Torah scholar and author of ha-Mikdash: Teur Bet ha-Mikdash ha-Sheni lefi shitat ha-Rambam HaMikdash : a description of the Second Temple according to the Rambam.
Rabbi Yisrael Ariel A former Yeshiva head and founder of the Machon Hamikdash. Rabbi Ariel was the Rosh Yeshiva and spiritual leader of Yamit. Rabbi Ariel is a scholar of great renown, and is also the author of many Hebrew works, including the highly acclaimed Atlas of the Biblical Boundaries of the Land of Israel. He served in the paratrooper brigade which liberated the Western Wall in the Six Day War of 1967, and was one of the first soldiers to reach the Wall.
Rabbi Yehudah 'Edri Torah Scholar and accomplished writer, a principal and educational supervisor for the hareidi Shas Party´s El HaMa´yan educational system Expert on the various opinions regarding the history and location of the Mikdash and its measures.
Rabbi Dov Meir Stein Received semikha for the Rabbinut from Rav Sternberg of Edas Hareidi. A pioneer in the Sanhedrin's renewal for the last 20 years, he has been secretary of the Sanhedrin since its inception, dealing with logistical aspects as well as interacting with recognized Torah scholars and inviting rabbis to join the body.
The seven-member leadership council (above) convenes on weekly basis within a larger court of ordained rabbis from the general ranks of the Sanhedrin that grows steadily, in the ongoing development of a full Sanhedrin Qe`tanah (small Sanhedrin) to lead the Sanhedrin.
The leadership of the developing Sanhedrin stress that they are still in a transitional phase, and that though today's members are Torah scholars and experts in many secular and scientific fields, every one of them has agreed to step aside the moment a more deserving candidate should step forward.
Retrieved from http://www.thesanhedrin.org/en/index.php/Current_members_of_the_Nascent_Sanhedrin
THE SANHEDRIN IN ISRAEL HAD THEIR FIRST CASE OF SETTING AN INNOCENT 18 YEAR OLD ISRAELI WOMEN FREE FROM JAIL.
THE BIBLE SAYS THESE ISRAELI JUDGES (71) WILL ONCE AGAIN RULE IN ISRAEL IN THE DAYS LEADING TO THE COMING OF THE MESSIAH TO EARTH KING JESUS
Israeli Court Refers Case of Jailed Teen to Sanhedrin Court
by Ezra HaLevi MAR 14,08
(IsraelNN.com) Tzviya Sariel of Elon Moreh, who has been held in jail since December for refusing to recognize the authority of the secular court system, was allowed to testify before a Torah court set up by the nascent Sanhedrin Friday. The Sanhedrin Court for Matters of People and State ordered her immediate release.The court, headed by Rabbi Yisrael Ariel, heard Sariel’s testimony after a judge from Netanya’s Magistrates Court ordered that she be allowed to attend the hearing on the limits of the youth’s struggle against the Israeli judicial system. It is presumed that Netanya Magistrates Court Judge Smadar Kolander-Abramovitch hoped the Sanhedrin court would instruct Sariel to put and end to her struggle and recognize the civil courts. The Court For Matters of People and State also heard testimony from the girl’s mother, as well as Shmuel Medad of the Honenu legal assistance organization. The court concluded that Sariel’s right to refuse to recognize Israel’s current justice system is justified and ruled that the only limitation to the struggle is the ability of each individual to withstand the difficulties of prison. The court also ordered that Sariel be released immediately, without any limitations. Every day and every hour that Tzvia Sariel spends behind bars is a wrongdoing to this girl, Rabbi Ariel ruled. Justice demands to release her immediately. It is a serious stain on the judiciary system in Israel. According to the Torah law of Israel, we are demanding her immediate release without conditions and to erase the indictment.
The hearing was marked by uncertainty over legal procedure, according to IsraelJustice.com. Attorneys did not understand what role was given to the rabbinical court in a criminal case and whether the rabbis were granted any authority over the civil court judge who approved the procedure. Usually, Rabbinical courts are only authorized to hear cases that concern marriage and divorce. There is a question of authorities, Honenu's Meidad explained.
Sariel was arrested in December and has been held for three months for allegedly pushing an Arab who entered her town to pick olives. Judges decided to keep her in prison without formal charges after she refused to cooperate with the secular justice system. Sariel, 18, remains in prison even after two Arab men, witnesses called by the prosecution, testified that she was not involved in the alleged physical assault.
Jabber Mahmoud Hussein, called to the stand by the Prosecution, said: I managed to come to court twice, despite the fact that the accused didn't hit me or do anything bad to us at all...we are prepared to close this case because all we want is to harvest olives in peace.
Precedent: State of Israel Recognizes Sanhedrin
The Sanhedrin court called for the establishment of a committee to act as bridge between the state's law and Torah law, in light of the legal precedent set by the Israeli court’s recognition of the court and its findings. It is no coincidence that the hearing took place on the anniversary of the passing of Moses our teacher, the father of Hebrew law, and close to the days of Purim, when it is said that the Jews reaccepted and affirmed their commitment to the law of the Torah, a statement from the court said.After the verdict was read, the court's rabbis, wrapped in prayer shawls, stood and recited the special prayers accepting the justice of the Almighty, according to IsraelJustice.com: Everyone in the courtroom followed in a loud chant to say the words, Hear O' Israel, the L-rd is our G-d, the L-rd is One,despite an attempt by prison guards to prevent supporters, including Ruth Sariel, Tzvia's mother, from entering the hearing.Following the hearing, the officials present from the Prisons Authority affirmed their commitment to carry out the verdict of the Sanhedrin court. Prisons' Authority warden Hila Furis reportedly told those present: The Prisons' Authority recognizes the authority of the [Sanhedrin] court and will act to implement the verdict.They removed Sariel's leg restraints and claimed she was being brought to the Ramle Magistrates court, where she would be released before the Sabbath.
Sariel was returned to Neve Tirza Prison, however, where she spent the Sabbath. Her parents say she has been placed in solitary confinement. Rabbi Ariel said the court would continue to follow the case and work for Sariel’s release, in accordance with the directives of the Netanya court.The nascent Sanhedrin, headed by Rabbi Adin Even-Israel Steinsaltz, was established in 2004, with the renewal of Semikha (ordination) in order to create the infrastructure necessary to fulfill the Torah obligation of reestablishing the supreme Jewish legal body of 71 Torah scholars. The Court for People and State has been one of the most active projects of the nascent Sanhedrin. The Sanhedrin court is not, as of yet, universally accepted, even among the many streams of observant Judaism. Those now participating are committed to stepping aside when greater or more prominent scholars take their seats.
DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TR BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).
REVELATION 13:1
1 And I stood upon the sand of the sea,(MEDITERRANEAN) and saw a beast rise up out of the sea, having seven heads (POSSIBLY THE 7 SANHEDRIN JUDGES) and ten horns, (10 WORLD REGIONS TRADING BLOCKS) and upon his horns ten crowns, and upon his heads the name of blasphemy. (ALL HEADED BY THE E.U (EUROPEAN UNION).
I WONDER COULD THE 7 JUDGES BE THE 7 HEADS ALSO TO GO WITH THE 10 HORNS AND TOES OF THE EUROPEAN UNION. INTERESTING. SINCE ISRAEL WILL BE A MAJOR PART OF THE SCENE IN THE FUTURE.
Current members of the Nascent Sanhedrin
From The Sanhedrin - en Background Information 7 JUDGES
The members of the Sanhedrin can generally be characterized as people who are extremely dedicated to their work They fall under the category of our Mishnah – Those who love the effort and hate the [pride that comes with the] Rabbinut. (Pirke Avot) Many of them try to fulfill the words of the Rambam, to endeavor in Torah without receiving compensation for such. Many distance themselves from serving in appointed positions as rabbis. The following material is based on publicly available information, and thus is not always complete.
Due to concerns that external pressure would be brought to bear upon individuals not to take part in the establishment of a Sanhedrin, the names of most participants have been withheld up to this point, upon the request of the Sanhedrin's spokesmen.
The Sanhedrin selected of a group of seven individuals from among themselves to represent the institution in dealings with the public and with Gedolei Yisrael - recognized spiritual leaders of Israel. It was decided to release the names for purposes of transparency as well. It is hoped that the release of the seven names will encourage those who believe that their own rabbis or teachers can contribute to the endeavor, to propose that they also be included in the legislature.
The authorized representatives of the Sanhedrin are as follows:
Rabbi Adin Steinzaltz Teacher, philosopher, social critic and prolific author who has been hailed by Time magazine as a once-in-a-millennium scholar. His lifelong work in Jewish education earned him the Israel Prize, his country’s highest honor. Born in Jerusalem in 1937, Rabbi Steinsaltz studied physics and chemistry at the Hebrew University. Following graduation, he established several experimental schools and, at the age of 24, became Israel’s youngest school principal.
In 1965, he began his monumental Hebrew translation and commentary on the Talmud. To date, he has published 38 of the anticipated 46 volumes. The Rabbi’s classic work of Kabbalah, The Thirteen Petalled Rose, was first published in 1980 and now appears in eight languages. In all, Rabbi Steinsaltz has authored some 60 books and hundreds of articles on subjects ranging from theology to social commentary.
Continuing his work as a teacher and spiritual mentor, Rabbi Steinsaltz established a network of schools and educational institutions in Israel and the former Soviet Union. He has served as scholar in residence at the Woodrow Wilson Center for International Studies in Washington, D.C. and the Institute for Advanced Studies at Princeton University. His honorary degrees include doctorates from Yeshiva University, Ben Gurion University of the Negev, Bar Ilan University, Brandeis University, and Florida International University.
Rabbi Yoel Shwartz An outstanding Torah scholar and prolific writer has published over 200 seforim. He is a product of the great Yeshivot Poneviz and Mir and merited to study with the famous Mashgiach of Yeshivat Mir, Rabbi Chaim Shmuelevitch zt l. As a past Mashgiach in Yeshivat Itri and currently a Ram in Yeshivat Dvar Yerushalayim, Rabbi Schwartz brings scores of years of experience in Torah education to the Nahal Haredi. Rabbi Schwartz has served as a spiritual advisor and educator since the inception of the program in 1999. He resides in Jerusalem with his wife, children and grandchildren.
Directly under these are four more rabbis who, together with the above three, are the democratically-elected leadership council of the Sanhedrin. They are (not in order of seniority):
Rabbi Dov Levanoni Torah scholar and author of ha-Mikdash: Teur Bet ha-Mikdash ha-Sheni lefi shitat ha-Rambam HaMikdash : a description of the Second Temple according to the Rambam.
Rabbi Yisrael Ariel A former Yeshiva head and founder of the Machon Hamikdash. Rabbi Ariel was the Rosh Yeshiva and spiritual leader of Yamit. Rabbi Ariel is a scholar of great renown, and is also the author of many Hebrew works, including the highly acclaimed Atlas of the Biblical Boundaries of the Land of Israel. He served in the paratrooper brigade which liberated the Western Wall in the Six Day War of 1967, and was one of the first soldiers to reach the Wall.
Rabbi Yehudah 'Edri Torah Scholar and accomplished writer, a principal and educational supervisor for the hareidi Shas Party´s El HaMa´yan educational system Expert on the various opinions regarding the history and location of the Mikdash and its measures.
Rabbi Dov Meir Stein Received semikha for the Rabbinut from Rav Sternberg of Edas Hareidi. A pioneer in the Sanhedrin's renewal for the last 20 years, he has been secretary of the Sanhedrin since its inception, dealing with logistical aspects as well as interacting with recognized Torah scholars and inviting rabbis to join the body.
The seven-member leadership council (above) convenes on weekly basis within a larger court of ordained rabbis from the general ranks of the Sanhedrin that grows steadily, in the ongoing development of a full Sanhedrin Qe`tanah (small Sanhedrin) to lead the Sanhedrin.
The leadership of the developing Sanhedrin stress that they are still in a transitional phase, and that though today's members are Torah scholars and experts in many secular and scientific fields, every one of them has agreed to step aside the moment a more deserving candidate should step forward.
Retrieved from http://www.thesanhedrin.org/en/index.php/Current_members_of_the_Nascent_Sanhedrin
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