SENATORS OF CONGRESS
http://www.downsizedc.org/etp/campaigns/112
http://senate.gov/general/contact_information/senators_cfm.cfm
http://www.opencongress.org/committee/show/146
RON PAUL ON AUDIT THE FED
http://www.youtube.com/watch?v=RYiHE35kCQI&feature=player_embedded
AUDIT THE FED NOW
http://www.youtube.com/watch?v=ZLGWIrBZCvY (Ron Paul)
Part 2: http://www.youtube.com/watch?v=7l-sohwJ-98 (Ron Paul)
Part 3: http://www.youtube.com/watch?v=iCs7eWKMltM
Part 4: http://www.youtube.com/watch?v=x8mBbPI7jDw
Part 5: http://www.youtube.com/watch?v=vdEd-30aovE
Part 6: http://www.youtube.com/watch?v=iXDsMDBIxiw
AUDIT THE FED HAS 271 HOUSE AND 13 SENATORS SIGNED UP AS OF THURSDAY.
Ron Paul’s Bill To Audit The Federal Reserve Now Has 271 Co-Sponsors
By tmartin • July 17, 2009
Ron Paul’s bill to audit the Federal Reserve (HR 1207) now has 271 co-sponsors, and the numbers keep growing! This is history in the making, and victory is within reach. Imagine what will happen if HR 1207, The Federal Reserve Transparency Act, comes up for vote in Congress! With more than 50% of the House of Representatives already co-sponsoring this bill, it has real potential to pass — BUT only if we educate and rally the people to support it and get our Congresspeople to put it to vote and pass it.
Step 1: Your Representative
If your representative is not on the following list of HR 1207 co-sponsors, call their offices, write to them, email them, etc. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.
Capitol Switchboard: (202) 224-3121
Step 2: Financial Services Committee
HR 1207 is now in the House Committee on Financial Services. This is THE MOST IMPORTANT STEP in this legislation! If it doesn’t get out of committee it will not come to a vote! There are 71 members on this committee and they are all listed below.
We need to let all members of the House Committee on Financial Services know that we want them to allow full House consideration of HR 1207 so it can move forward; we need them to support this. Now is the time.Call their offices, write to them, email them, etc. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.
Help with this all important public outreach. NOW REALLY IS THE TIME!
Here’s a sample letter you can use:
Dear Representative,
Please co-sponsor and/or support H.R.1207, an effort to audit the Federal Reserve.
Recently, it has come to light that there is little to no accountability to the people on the part of the Federal Reserve. While the citizens of this country are required by law to give an accounting of every penny they come in contact with, the Federal Reserve has never been held to the same standard. During this time of extreme economic crisis, the people deserve an accounting of where our money is going.
Currently there are 271 co-sponsors for this legislation, and it is enjoying bi-partisan support. Your efforts in supporting this important legislation would go a long way in proving to your constituents that you not only hold the Federal Reserve to the same standard as you do your constituents, but it would also show that you believe in transparency. Anything less than support for this resolution suggests that you are in favor of secrecy and a lack of accountability to the people who pay the bills. We pay the tab; we have a right to know where our money is going.Unlike recent bills that you voted in favor of that had hundreds of pages and just a few hours to read, this bill can be read in under 5 minutes. I encourage you to take the time to read it, and then move to support it.Thank you in advance for your attention on this important legislation. I have every expectation that you will do right by your constituents and support this measure.
Sincerely,
Step 3: The People
Tell everyone you know about HR 1207 and ask them to support it and to contact their representative as well. Link to this page and to CampaignForLiberty.com.This initiative is crucial and we need to redouble our efforts to get HR 1207 passed.
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.
Dolores weakens to storm remnant in Pacific AccuWeather Thu Jul 16, 10:40 pm ET
MIAMI – Forecasters say Dolores has weakened from a tropical depression to just a storm remnant over the Pacific Ocean and is expected to dissipate even more.
Forecasters at the National Hurricane Center in Miami said Thursday night that Dolores was about 940 miles west-southwest of the southern tip of Mexico's Baja California. Maximum winds were at about 30 mph with higher gusts.
Storm lashes Philippine capital: officials Fri Jul 17, 2:47 am ET
MANILA (AFP) – Overnight storms brought havoc to the Philippine capital, causing widespread flooding and forcing schools, offices and the country's stock exchange to close, officials have said.Heavy overnight rains forced all government offices to close and the suspension of elementary and high school classes in the capital and surrounding districts.The Philippine Stock Exchange suspended operations mid-morning due to lack of clearing facilities,as the central bank had curtailed its activities because of the weather.The government urged private businesses to also close for the day.Manila pedestrians were seen wading to work knee-deep in dirty brown water.
Floods in metropolitan Manila can rise swiftly but can also subside quickly so it is hard to say how long these floods will last,said Relan Asuncion, head of a team monitoring the storm's effects.The tropical storm off the north of Luzon island was reported to be packing maximum winds of 85 kilometres (53 miles) per hour at its centre, with gusts of 100 kilometres.It was expected to have hit the northern tip of the northern province of Cagayan by midday (0400 GMT) Friday, the weather bureau said.
It was moving northwest at 15 kilometres per hour and was expected to move out to the South China Sea by Saturday.Residents in low-lying areas were warned to be on alert for flash floods and landslides, the civil defence office said.Most of the northern Philippines was on the second level of the country's three-stage storm alert system, while provinces just north of Manila were on the lowest warning level.
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.
Tsunami warnings canceled after 7.8 quake off NZ Wed Jul 15, 6:46 pm ET
WELLINGTON, New Zealand – Water pipes were broken and fallen power lines lay on the ground Thursday in Invercargill, the southern New Zealand city closest to an earthquake that struck off the coast the night before.Prime Minister John Key was due to fly to Invercargill later Thursday on a previously scheduled visit.All the feedback we've had so far is while it's been a large quake, certainly at this point no reported loss of life which is fantastic, and no great reports of damage, Key told Radio New Zealand.The 7.8-magnitude earthquake struck off New Zealand's western coast Wednesday, generating a small tsunami. No injuries or major damage were reported.The Pacific Tsunami Warning Center in Hawaii warned that a tsunami was generated, but it later said the waves were less than 8 inches (20 centimeters) in height and the warning was canceled after about an hour.The Joint Australian Tsunami Warning Centre also issued a tsunami alert for eastern Australia that was canceled overnight.The quake's epicenter was 100 miles (161 kilometers) west of Invercargill, off the west coast of New Zealand's South Island at a depth of 21 miles (33 kilometers), the U.S. Geological Survey said. It hit at 0922 GMT on Wednesday.
Civil defense officials in Invercargill said phone services were disrupted in some parts of the city, water pipes had broken and power lines had been brought down but damage appeared to be minor. More reports were expected when buildings were surveyed in daylight.The quake was felt widely across the South Island. Police in the town of Tuatapere said they had reports of minor cracks in buildings and stock falling from supermarket shelves.However, no reports of serious damage or injuries were received, police said.GNS Science geologist Bill Fry said the largest danger might be from landslides but noted that the Fiordland and Southland regions were sparsely populated, which reduced the risk of casualties.The shallower an earthquake is, the more shaking there's going to be and this was quite shallow,he said.Scientists with New Zealand's Institute of Geological and Nuclear Sciences were working with their U.S. counterparts late Wednesday to reconcile their readings with those taken overseas. The quake was reported locally at 6.6 magnitude before reports from the U.S. listed it at 7.8 magnitude and as high as 8.2.Scientists in New Zealand reported aftershocks, the first of 6.1 magnitude occurring 19 minutes after the main temblor.
New Zealand sits above an area of the Earth's crust where the Pacific and Australian tectonic plates collide and records more than 14,000 earthquakes a year, though only about 150 are felt by residents. Fewer than 10 temblors a year do any damage.On the Net:The Joint Australian Tsunami Warning Centre: http://www.bom.gov.au/tsunami/national.shtml U.S. Geological Survey: http://earthquake.usgs.gov/eqcenter/recenteqsww/
DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) 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).
Brussels hails Iceland's decision on EU bid
LUCIA KUBOSOVA Today JULY 17,09 @ 07:56 CET
Brussels has hailed the decision by the Icelandic parliament to give the go ahead to talks on joining the EU, suggesting it is proof of the vitality of the European project.Iceland's legislature, the 63-seat Althingi, passed the proposal to start the EU accession process by a narrow majority of 33 votes to 28, with two abstentions, on Thursday (16 July).Supporters of the move argued EU membership would help the island, with a population of 320,000, emerge more quickly from the global financial and economic crisis which devastated the countries' banks last year.Opponents of the EU said membership would harm the country's sovereignty as well as its fishing industry by introducing binding quotas, the two arguments that in the past dominated the EU debate in Iceland and prevented any attempts to join Europe.European Commission president Jose Manuel Barroso welcomed Thursday's move by Icelandic MPs and pointed out that Iceland is a European country with long and deep democratic roots.The decision of the Icelandic parliament is a sign of the vitality of the European project and indicative of the hope that Europe represents,Mr Barroso said in a written reaction to the developments in Reykjavik.Swedish prime minister Fredrik Reinfeldt, whose country currently chairs the 27-member bloc, said he welcomed Iceland's application and said it will be assessed in accordance with the EU's established procedures.It is expected that Reykjavik will formally submit its EU membership application to a foreign ministers' meeting in Brussels on 27 July.
Under EU rules, any European democratic country which respects the rule of law, democracy and human rights can become a member of the Union. Entry must be unanimously agreed by all member states.Although Iceland meets the EU's political criteria of a modern democracy and it has implemented around two thirds its rules through being a member of European Economic Area (EEA), tough negotiations are expected on fishing rights. Fisheries is not covered by the EEA.We would no longer be the lawmakers on how we run our fishing industry. This is the key element for us. And we just don't see any need for an application when you know what the outcome is going to be,said Sigurdur Sverrisson from the Federation of Icelandic Fishing Vessel Owners, reports Deutsche Welle.Icelanders will have final say on EU membership once negotiations are finished.Arni Thor Sigurdsson, the chairman of Iceland's EU affairs parliamentary committee, said negotiations could kick off in February next year, with a referendum on the EU membership to be possibly held in late 2011 or early 2012, Reuters reported.Iceland could be ready to join the EU in 2013 at the earliest, Mr Sigurdsson told the agency.
PERSECUSSION,BEHEADINGS
JESUS PERSECUTED BIGTIME
PSALMS 14:1
1 The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good.
ISAIAH 53:4
4 Surely he hath borne our griefs, and carried our sorrows: yet we did esteem him stricken, smitten of God, and afflicted.
MATTHEW 9:34
34 But the Pharisees said, He casteth out devils through the prince of the devils.
JOHN 8:41
41 Ye do the deeds of your father. Then said they to him, We be not born of fornication; we have one Father, even God.
JOHN 10:20
20 And many of them said, He hath a devil, and is mad; why hear ye him?
PHILIPPIANS 2:10-11(JESUS GETS REVENGE)
10 That at the name of Jesus every knee should bow, of things in heaven, and things in earth, and things under the earth;
11 And that every tongue should confess that Jesus Christ is Lord, to the glory of God the Father.(JUDGEMENT SEAT OF CHRIST AND FOR SINNERS, THE GREAT WHITE THRONE FINAL JUDGEMENT).
WE ARE CHRISTIANS WE WILL BE TREATED THE SAME.
2 TIMOTHY 3:1-5 (WHY WE ARE PERSECUTED BY THE WORLD)
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good,
4 Traitors, heady, highminded, lovers of pleasures more than lovers of God;
5 Having a form of godliness, but denying the power thereof: from such turn away.
MATTHEW 5:10-12
10 Blessed are they which are persecuted for righteousness’ sake: for theirs is the kingdom of heaven.
11 Blessed are ye, when men shall revile you, and persecute you, and shall say all manner of evil against you falsely, for my sake.
12 Rejoice, and be exceeding glad: for great is your reward in heaven: for so persecuted they the prophets which were before you.
MATTHEW 24:9
9 Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name’s sake.
JOHN 15:18-20
18 If the world hate you, ye know that it hated me (JESUS) before it hated you.
19 If ye were of the world, the world would love his own: but because ye are not of the world, but I have chosen you out of the world, therefore the world hateth you.
20 Remember the word that I said unto you, The servant is not greater than his lord. If they have persecuted me, they will also persecute you; if they have kept my saying, they will keep yours also.
REVELATION 6:9-11
9 And when he had opened the fifth seal, I saw under the altar the souls of them that were slain(BEHEADED) for the word of God, and for the testimony which they held:
10 And they cried with a loud voice, saying, How long, O Lord, holy and true, dost thou not judge and avenge our blood on them that dwell on the earth?
11 And white robes were given unto every one of them; and it was said unto them, that they should rest yet for a little season, until their fellowservants also and their brethren, that should be killed as they were, should be fulfilled.
REVELATION 20:4
4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.
LISTEN TO LAST HOUR OF SHOW ON GOVERNMENT NWO WANT TO MURDER US WITH VACCINES
http://rss.nfowars.net/20090716_Thu_Alex.mp3
Senate Passes Hate Bill, Yet Democrats Compromise
Rev. Ted Pike Truth Tellers Friday, July 17, 2009
Sen. Patrick Leahy’s hate crimes bill, amending the National Defense Authorization Act, effectively passed the Senate tonight at about eleven o’clock p.m. EDT. A call for cloture, or termination of debate after thirty hours, was passed 63 to 28. Clearly, the Senate majority had spoken. Once cloture is invoked there is usually little more that can be done to resist.There was no floor debate. A complete end run had been done around adequate Senate hearings, a Mark-up session and Rules Committee debate. Total Senate debate of the hate bill amounted to little more than a brief kangaroo hearing in the Senate Judiciary Committee several weeks ago. Witnesses, which included Attorney General Eric Holder were stacked 4 to 2 against conservatives.
Passage occurred despite massive protest from the Christian/conservative right (even more than yesterday) with only the very smallest percentage of calls today in favor of the hate bill.
Yet Protest Made a Difference
Earlier Thursday evening the Senate finally assembled a quorum and voted down, 62 to 29, Sen. Hatch’s amendment. It would require the federal government to conduct a study to determine if the states are not enforcing the law against violent hate crimes. Citing Attorney General Eric Holder’s recent testimony in Judiciary, Hatch confirmed that states are already doing a good job.Then Senator Sam Brownback submitted an amendment which would include in the hate bill the most specific statement (part of the Religious Freedom Act, passed in 1993 by Congress 97-3) that only speech that threatens imminent incitement of violence will be punishable under the hate bill. Speech that falls short of such actual incitement will be protected.
Sen. Leahy earlier said he had no problem with inclusion of Brownback’s amendment. Although he voted against it, the amendment passed overwhelmingly 78-13. Approval of Brownback’s amendment is a great victory, testimony to the pressure put on liberals even in the past two days. Most Senate Democrats were clearly eager to mollify, to some degree, the overwhelming anger at the hate bill from their constituents this week. Their House counterparts, under far less pressure eleven weeks ago, would never have made such a concession.Inclusion of Brownback’s amendment should help safeguard free speech from the pulpit or airwaves, except in the cases of the most blatant, immediate incitement to violence. It helps neutralize the extremely threatening language of the 1968 hate crimes law, Title 18, sec. 2A, which says if anyone induces,through speech, commission of a violent hate crime the speaker will be tried as a principal alongside the active offender in federal court.S. 909 remains a massive invasion of state’s rights in law enforcement in violation of the 10th Amendment. It violates the 14th Amendment by exalting certain groups, including homosexual pedophiles, above the majority. But, thanks to massive pressure on liberal Senators, especially during the last two days, and the initiative of Sen. Brownback, at least the 1st Amendment may not be as imminently threatened as before.
ROMANS 13:1-14
1 Let every soul be subject unto the higher powers. For there is no power but of God: the powers that be are ordained of God.
2 Whosoever therefore resisteth the power, resisteth the ordinance of God: and they that resist shall receive to themselves damnation.
3 For rulers are not a terror to good works, but to the evil. Wilt thou then not be afraid of the power? do that which is good, and thou shalt have praise of the same:
4 For he is the minister of God to thee for good. But if thou do that which is evil, be afraid; for he beareth not the sword in vain: for he is the minister of God, a revenger to execute wrath upon him that doeth evil.
5 Wherefore ye must needs be subject, not only for wrath, but also for conscience sake.
6 For for this cause pay ye tribute also: for they are God’s ministers, attending continually upon this very thing.
7 Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.
8 Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.
9 For this, Thou shalt not commit adultery, Thou shalt not kill, Thou shalt not steal, Thou shalt not bear false witness, Thou shalt not covet; and if there be any other commandment, it is briefly comprehended in this saying, namely, Thou shalt love thy neighbour as thyself.
10 Love worketh no ill to his neighbour: therefore love is the fulfilling of the law.
11 And that, knowing the time, that now it is high time to awake out of sleep: for now is our salvation nearer than when we believed.
12 The night is far spent, the day is at hand: let us therefore cast off the works of darkness, and let us put on the armour of light.
13 Let us walk honestly, as in the day; not in rioting and drunkenness, not in chambering and wantonness, not in strife and envying.
14 But put ye on the Lord Jesus Christ, and make not provision for the flesh, to fulfil the lusts thereof.
THE FALSE PREACHERS ALIGNED WITH THE NEW WORLD ORDER NUTCASES ARE TRYING TO CONVINCE CHRISTIANS BY USING ROMANS 13 THAT NOT TO REBELL AGAINST THE NEW WORLD ORDER.THIS IS HOGWASH-JESUS DIED FOR US FOR JUSTICE AND TRUTH NOT THE NEW WORLD ORDER NUTCASES TRYING TO CONTROL EVERYTHING WE SAY AND DO.WE ARE SUPPOSE TO PRAY THAT WE WILL HAVE GODLY LEADERS IN GOVERNMENT THAT WILL GO BY GODS(JESUS)LAWS OF TRUTH AND RIGHTOUSNESS NOT LAWLESSNESS LIKE TODAYS FALSE DEMONIC GOVERNMENT LEADERS WORLDWIDE ARE DOING.THESE LEADERS HATE US ALL AND WANT 2/3RDS OF US KILLED,THATS 4 BILLION PEOPLE THESE DEMONIC INSPIRED LEADERS WANT KILLED.
Romans Chapter 13 Revisited Chuck Baldwin
Campaign For Liberty Friday, July 17, 2009
It seems that every time someone such as myself attempts to encourage our Christian brothers and sisters to resist an unconstitutional or otherwise reprehensible government policy, we hear the retort, What about Romans Chapter 13? We Christians must submit to government. Any government. Read your Bible, and leave me alone. Or words to that effect.No doubt, some who use this argument are sincere. They are only repeating what they have heard their pastor and other religious leaders say. On the other hand, let’s be honest enough to admit that some who use this argument are just plain lazy, apathetic, and indifferent. And Romans 13 is their escape from responsibility. I suspect this is the much larger group, by the way.Nevertheless, for the benefit of those who are sincere (but obviously misinformed), let’s briefly examine Romans Chapter 13. I quote Romans Chapter 13, verses 1 through 7, from the Authorized King James text:Let every soul be subject unto the higher powers. For there is no power but of God: the powers that be are ordained of God. Whosoever therefore resisteth the power, resisteth the ordinance of God: and they that resist shall receive to themselves damnation. For rulers are not a terror to good works, but to the evil. Wilt thou then not be afraid of the power? do that which is good, and thou shalt have praise of the same: For he is the minister of God to thee for good. But if thou do that which is evil, be afraid; for he beareth not the sword in vain: for he is the minister of God, a revenger to execute wrath upon him that doeth evil. Wherefore ye must needs be subject, not only for wrath, but also for conscience sake. For this cause pay ye tribute also: for they are God’s ministers, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.
Do our Christian friends who use these verses to teach that we should not oppose America’s political leaders really believe that civil magistrates have unlimited authority to do anything they want without opposition? I doubt whether they truly believe that.For example, what if our President decided to resurrect the old monarchal custom of Jus Primae Noctis (Law of First Night)? That was the old medieval custom when the king claimed the right to sleep with a subject’s bride on the first night of their marriage. Would our sincere Christian brethren sheepishly say,Romans Chapter 13 says we must submit to the government? I think not. And would any of us respect any man who would submit to such a law? So, there are limits to authority. A father has authority in his home, but does this give him power to abuse his wife and children? Of course not. An employer has authority on the job, but does this give him power to control the private lives of his employees? No. A pastor has overseer authority in the church, but does this give him power to tell employers in his church how to run their businesses? Of course not. All human authority is limited in nature. No man has unlimited authority over the lives of other men. (Lordship and Sovereignty is the exclusive domain of Jesus Christ.)By the same token, a civil magistrate has authority in civil matters, but his authority is limited and defined. Observe that Romans Chapter 13 clearly limits the authority of civil government by strictly defining its purpose: For rulers are not a terror to good works, but to the evil . . . For he is the minister of God to thee for good . . . for he is the minister of God, a revenger to execute wrath upon him that doeth evil.Notice that civil government must not be a terror to good works. It has no power or authority to terrorize good works or good people. God never gave it that authority. And any government that oversteps that divine boundary has no divine authority or protection. This is a basic principle of Natural Law (and all of America’s legal documents–including the U.S. Constitution–are founded upon the God-ordained principles of Natural Law).
The apostle clearly states that civil government is a minister of God to thee for good.It is a not a minister of God for evil. Civil magistrates have a divine duty to execute wrath upon him that doeth evil.They have no authority to execute wrath upon him that doeth good. None. Zilch. Zero. And anyone who says they do is lying. So, even in the midst of telling Christians to submit to civil authority, Romans Chapter 13 limits the power and reach of civil authority.Did Moses violate God’s principle of submission to authority when he killed the Egyptian taskmaster in defense of his fellow Hebrew? Did Elijah violate God’s principle of submission to authority when he openly challenged Ahab and Jezebel? Did David violate God’s principle of submission to authority when he refused to surrender to Saul’s troops? Did Daniel violate God’s principle of submission to authority when he disobeyed the king’s command to not pray audibly to God? Did the three Hebrew children violate God’s principle of submission to authority when they refused to bow to the image of the state? Did John the Baptist violate God’s principle of submission to authority when he publicly scolded King Herod for his infidelity? Did Simon Peter and the other Apostles violate God’s principle of submission to authority when they refused to stop preaching on the streets of Jerusalem? Did Paul violate God’s principle of submission to authority when he refused to obey those authorities who demanded that he abandon his missionary work? In fact, Paul spent almost as much time in jail as he did out of jail.Remember that every apostle of Christ (except John) was killed by hostile civil authorities opposed to their endeavors. Christians throughout church history were imprisoned, tortured, or killed by civil authorities of all stripes for refusing to submit to their various laws and prohibitions. Did all of these Christian martyrs violate God’s principle of submission to authority? So, even the great prophets, apostles, and writers of the Bible (including the writer of Romans Chapter 13) understood that human authority–even civil authority–is limited.Plus, Paul makes it clear that our submission to civil authority must be predicated on more than fear of governmental retaliation. Notice, he said, Wherefore ye must needs be subject, not only for wrath, but also for conscience sake.Meaning, our obedience to civil authority is more than just because they said so.It is also a matter of conscience. This means we must think and reason for ourselves regarding the justness and rightness of our government’s laws. Obedience is not automatic or robotic. It is a result of both rational deliberation and moral approbation.Therefore, there are times when civil authority may need to be resisted. Either governmental abuse of power or the violation of conscience (or both) could precipitate civil disobedience. Of course, how and when we decide to resist civil authority is an entirely separate issue. And I will reserve that discussion for another time.
Beyond that, we in the United States of America do not live under a monarchy. We have no king. There is no single governing official in this country. America’s supreme Law does not rest with any man or any group of men. America’s supreme Law does not rest with the President, the Congress, or even the Supreme Court. In America, the U.S. Constitution is the supreme Law of the Land. Under our laws, every governing official publicly promises to submit to the Constitution of the United States. Do readers understand the significance of this distinction? I hope so.This means that, in America, the higher powers are not the men who occupy elected office; they are the tenets and principles set forth in the U.S. Constitution. Under our laws and form of government, it is the duty of every citizen, including our elected officials, to obey the U.S. Constitution. Therefore, this is how Romans Chapter 13 reads to Americans:
Let every soul be subject unto the [U.S. Constitution.] For there is no [Constitution] but of God: the [Constitution] that be [is] ordained of God. Whosoever therefore resisteth the [Constitution], resisteth the ordinance of God: and they that resist shall receive to themselves damnation. For [the Constitution is] not a terror to good works, but to the evil. Wilt thou then not be afraid of the [Constitution]? do that which is good, and thou shalt have praise of the same: For [the Constitution] is the minister of God to thee for good. But if thou do that which is evil, be afraid; for [the Constitution] beareth not the sword in vain: for [the Constitution] is the minister of God, a revenger to execute wrath upon him that doeth evil. Wherefore ye must needs be subject, not only for wrath, but also for conscience sake. For this cause pay ye tribute also: for [the Constitution is] God’s minister, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.Dear Christian friend, the above is exactly the proper understanding of our responsibility to civil authority in these United States, according to the teaching of Romans Chapter 13.Furthermore, Christians, above all people, should desire that their elected representatives submit to the Constitution, because it is constitutional government that has done more to protect Christian liberty than any other governing document ever devised by man. As I have noted before in this column, Biblical principles and Natural Law form the foundation of all three of America’s founding documents: the Declaration of Independence, the U.S. Constitution, and the Bill of Rights.(See: http://www.chuckbaldwinlive.com/c2005/cbarchive_20050630.html)
As a result, Christians in America (for the most part) have not had to face the painful decision to obey God rather than men and defy their civil authorities.The problem in America today is that we have allowed our political leaders to violate their oaths of office and to ignore–and blatantly disobey–the supreme Law of the Land,the U.S. Constitution. Therefore, if we truly believe Romans Chapter 13, we will insist and demand that our civil magistrates submit to the U.S. Constitution.Now, how many of us Christians are going to truly obey Romans Chapter 13?
Times Online Editor: We Didn’t Censor Opposition to Mandatory Vaccination Comments Infowars July 17, 2009
On July 16, Paul Joseph Watson wrote an article for Prison Planet reporting on the disappearance of comments on the Times Online website. Many of the comments expressed strong opposition to the prospect of mandatory vaccinations by the British government.
On Wednesday 15th July, starting at around 10:30 BST, we started work implementing a completely new comments system on Times Online,Tom Whitwell, editor of the Times Online, wrote in an email sent to Infowars.The new comment system overwrote the old comments system. We didn’t censor this article, we removed all old comments from the site.Mr. Whitwell asked Infowars and Prison Planet to pass on my apologies to any of your readers who commented and saw their comments disappear.I revisited the article entitled Swine flu vaccine rushed through safety checks’ on the times website, to see if, as I had a suspicion, the comments would be censored as they were predominantly decrying the vaccine,a Prison Planet reader wrote after the comments disappeared. Lo and behold, they have all disappeared, and furthermore I noticed the commenting system is now setup so you must register to comment, whereas before it was open to anyone who simply supplied an email address. No doubt this is to discourage anonymous posts, however the registration does of course allow you to type a false name.The Times article, authored by David Rose and sans the original comments, can be viewed here. The article states that upward to 20 million Britons could be subjected to the vaccine later this year.On July 12, Watson wrote an article entitled Brits Tell Goons With Needles To Stick It Where The Sun Don’t Shine. Respondents to a London Times article concerning the fact that the vaccine will be rushed through safety procedures in just five days, increasing the chances of it causing deaths and injuries in the thousands, as happened with the 1977 mass vaccination program in the U.S. which killed more people than the actual swine flu virus, overwhelmingly indicated that they would refuse to take the shot,he wrote.
HEALTHCARE BILL OUTLAW PRIVATE HEALTH INSURANCE
http://www.wnd.com/index.php?fa=PAGE.view&pageId=104161
A Philosophical Argument against Forced Vaccination John Burke Infowars July 16, 2009 Note: This essay deals only with the philosophical argument against forced vaccination by the state.
A few years ago I entered into a discussion with a close friend regarding vaccination. This person stated that their child was not up to date with state recommended vaccinations and was debating internally whether or not she felt they were necessary. Without being asked my opinion, my reaction was quite strong in favor of vaccination and I made common claims that vaccinations were for the common social good and that we all had to do our part for society. Days later I thought back on the encounter and was surprised at how undiplomatically I pursued this argument. I had never researched vaccines, the potential health benefits or risks, or sought information from a variety of sources as one would commonly do before making an argument on any important subject. Regardless of our differing opinions I was only able to bring to the discussion force to try to convince her of my opinion – I offered no information, cited no facts or statistics in my debate – the apparent will of the people which my ignorance represented was argument enough. Was this enough to base a decision on concerning the health and well-being of a child? No well researched, honest nurse, doctor, or even bureaucrat would deny the risk involved in vaccinations.In 2006 I found out that I was going to be a father. A close friend of mine suggested I do some research on vaccines and sent me information from a variety of sources. At the time I was sure vaccination was the route to go, despite the fact I still had no solid information, facts or research to base my opinion on – only the widely accepted idea that vaccines were responsible for ridding western society from small pox, polio as well as many other diseases and that any child without his shots was a threat to the health of all of us and furthermore that the parent was being irresponsible. These ideas were backed up by the media and rest of society. But I became utterly consumed with the topic, buying many books, watching documentaries, listening to lectures, looking at University studies and reading articles from many countries. It is safe to say I spent hundreds of hours on the subject looking at information from a vast array of sources – pro & con vaccine.Needless to say when I really dove into the subject, I was alarmed at the amount of conventional medical history and government statistics that showed both the ineffectiveness and oftentimes outright harm that vaccinations could cause. As a member of society that deemed all children without shots as somehow a threat to its well being, and would bar them from the school yard as well as brand any parent who did not agree with them a heretic, I’d never been offered contrary information about the effectiveness of shots by primary education or the media who advocate them. What about the other side? Did I not deserve the best information with which to make an informed decision by?
In my basic understanding from school or mainstream media such as TV, I’d been taught about the miracle findings of Jonas Salk & Albert Sabin with their polio cures – but had I been taught about SV-40? No. SV-40 is the 40th simian virus which was discovered in the monkey kidneys used to manufacture the polio vaccine (yes most vaccines are from monkey, chicken or bovine organs or tissue). For a period of years and debatably decades until the 1990’s, polio vaccines were administered by law (and thereby force) that at the time unknowingly contained SV-40 to millions of people. SV-40 undoubtedly causes cancer in many animals, and many controversial studies have shown it does the same in humans. Was I given this information? No. Was I taught about contraindications? No. Contraindications are health concerns such as family history of autoimmune or neurological disorders, allergies that conflict with vaccines and can cause minor or major reactions. With a family history of severe autoimmune disorders and an undiagnosed neurological episode of my own as a teenager this information could be critical to me. Why was I not taught to protect myself or to research to find my own opinion at least? It should be noted that more research is needed to discover why these contraindications cause such severe health problems – the simple fact is that as much as doctors know, they do not know everything and more research is needed. Again this essay is not dealing with medical arguments against vaccination – I am raising such issues to show that the medical community is by no means all-knowing and that common means by which we receive information rarely show us enough to make an informed decision. These decisions require much research and careful thought if they are to be made well. The medical opinions and advances of one generation that are hailed as miracles are always surely to be laughed at by the next. Common use of asbestos and lead – both deemed safe by the medical community at the time by the prestigious Melon Institute, or Lipitor and Vioxx in recent years are proof of this. As much as they do not wish to believe – those who put their faith into science alone and not the full scope of reason are using just that – faith – which those same scientists may consider absent of reason. Science is ever changing and evolving and we should consider this when making important decisions about our health – especially if these decisions are imposed by law, and thereby force.Social good or will of the people – what do these terms mean? With reference to vaccinations these mean the submission as free individuals of our bodies and minds and those of our children to vaccination by the whim of the state for the good of the collective. This idea tells us we should discard personal research or the ability of the individual to reason for these are less noble than the collective and are a potential threat to society. What is the limit of this philosophy? How far could it be used to suppress the power of the individual? When does the collective decide to stop imposing this submission? Can it? The collective does not think, it does not reason or research. Who influences the collective? Where is the room for the individual to plead his case to it? What about to the government body that forms these laws? If these laws are for social good why must they come at the expense of the power of the individuals mind to reason what is best for itself? Why is using the mind to ones own benefit for personal health punishable by the state? In a country such as ours whose forefathers fled tyranny and set up a government based on the promise to the individual of life, liberty and the pursuit of happiness is it possible to be free if you don’t have control over something as basic as what enters your body? Submission to a government and to a collective for the benefit of social good is a direct conflict with the principles of liberty that separated America from other nations and allowed for greatness.It is quite acceptable for a woman to have an abortion in America and while I recognize this subject is taboo and am not going to make an argument for or against abortion I’m going to use it to make a point. If that makes you uncomfortable, ask yourself why and question your beliefs (on either side). It is common belief that a woman has a right to an abortion because the child is her body. It would be entirely unacceptable for a woman to be kept from an abortion or forced into one because this would be an infringement on her right to choose for her own body. Yet that same woman must by law submit her body and her child’s body to an ever increasing list of vaccinations that can cause serious short and long term health risks or in rare cases death. Given this conflict presented by current laws does the woman have an absolute right to decide what’s best for her body? No she does not. This shows the ineptness and unprincipled tinkering of our lawmakers and the often arbitrary thinking of the collective as well. Whether you believe in abortion or oppose it, believe in vaccination or oppose it, it is quite obvious that there is not by law a clear definition of the right of the individual to ownership of his or her body. Lease is a better word, granted by the state. And since children are not responsible for themselves, it could be said their bodies are leased to parents by the state as well with a strict set of guidelines to be followed, punishable by force. By what right do they claim this ownership? The collective also seems quite willing to support its beliefs even if on the sole basis that vaccination is in certain cases required by law. It does not seem to question the laws or the body imposing these laws and its role or effectiveness (or lack thereof). Are we to believe the same government that has broken its own constitutional laws with aggressive wars on false pretenses is without error in regards to our health? Even the most ardent war supporters would admit Rumsfeld’s blunders in this area. Should we submit our ability to reason to a government that has plunged our nation into 60 billion dollars in debt with total unfunded obligations? Can a government capable of such an economic failure be without error in the case of vaccinations? Are we to believe these laws are not merely to benefit the products of the vaccine makers who spend millions lobbying in Washington; products that are sometimes mandatory and through government enabled monopoly are often unimproved for decades as in the case of DPT? Are we to believe a group of bureaucrats with a history of failures are without fault in determining 100% what is best for our bodies, regardless of how just the laws are? Is this a system to rest our faith and the health of our children on?
No well researched, honest nurse, doctor, or even bureaucrat would deny the risk involved in vaccinations especially since the Vaccine Injury Compensation Fund has awarded over a billion dollars to families of children harmed by vaccinations since it was started in 1988. In light of this and the principles of liberty this nation was founded on, we should be free to decline and make decisions as we see fit without having to navigate difficult unjust laws. Instead we are forced to hand responsibility over to our doctors and government who don’t have to live with the consequences or raise disabled children. Their only answer is to hand us money as an apology for their bad policy, as if that is adequate compensation for any physical or mental injuries as well as the submission of our bodies, our minds ability to reason, and our rights as free individuals.
WW3 THE 3 WAVES THAT MARCH TO ISRAEL
AMOS 9:10
10 All the sinners of my people shall die by the sword, which say, The evil shall not overtake nor prevent us.
DANIEL 11:40-45
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
44 But tidings out of the east(CHINA 2ND WAVE OF WW3) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)
45 And he shall plant the tabernacles of his palace between the seas in the glorious holy mountain; yet he shall come to his end, and none shall help him.
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)
The Third and Final Wave of WW3 is when all Nations march to Jerusalem, but JESUS bodily returns to earth and destroys them,sets up his KINGDOM OF RULE FOR 1000 YEARS THEN FOREVER.
Israeli warships rehearse for Iran attack in Red Sea,Israeli warships have deployed to the Red Sea for what has been described as a rehearsal for a possible attack on Iran.By Our Foreign Staff Published: 2:20PM BST 16 Jul 2009
Israeli and Egyptian officials said two ships had sailed through the Suez Canal into the Red Sea. Media reports in Israel said the two Saar-class missile ships had been sent as a message to the Tehran government, which has repeatedly issued threats against Israel and is developing nuclear technology believed by the West to be intended for atomic weapons programme. Israel has also deployed a submarine using the Suez Canal, but it has since returned to the Mediterranean. Defence experts in Israel said this week that the naval activity had been publicised with the intent of sending a message to Iran.The Israeli government has reserved the right to carry out a first strike on Iran's nuclear facilities if the country continues to defy the international community and spreads instability in the Middle East.Israel also accuses Iran of sponsoring the Hizbollah movement in Lebanon and Hamas in Gaza.
NUCLEAR WAR-FEAR Netanyahu tight-lipped about imminent Iran attack
Israeli warships cross Red Sea in apparent signal to Tehran July 16, 2009
12:21 pm Eastern By Aaron Klein 2009 WorldNetDaily
Israeli Prime Minister Benjamin Netanyahu
JERUSALEM – Prime Minister Benjamin Netanyahu's office refused to respond to a report today purporting to quote an Israeli defense official stating the recent deployment of warships across the Red Sea should be seen as serious preparation for an attack on Iran.It is not our policy to comment on such reports,Mark Regev, Netanyahu's spokesman, told WND.Earlier this week, two Israel Navy gunboats openly sailed through the Suez Canal into the Red Sea with permission from Egypt. This is preparation that should be taken seriously. Israel is investing time in preparing itself for the complexity of an attack on Iran. These maneuvers are a message to Iran that Israel will follow up on its threats,the Times of London today quoted what it said was an Israeli defense official as saying. The warship movements follow the passage last month of an Israeli Dolphin-class submarine through the canal, later returning the same way.According to Israeli defense officials speaking to WND, the Dolphin was carrying out test drills. The officials said the submarine passed through the canal with permission from Egypt, even though the Egyptian government denied any permission was granted.The Times today quoted an Israeli diplomat explaining the Jewish state has been bolstering its ties with certain Arab nations that are also threatened by Iran. The diplomat cited a shared mutual distrust of Iran between Israel and Egypt.
In a report denied by Netanyahu's office, the Times of London two weeks ago claimed Saudi Arabia would turn a blind eye to Israeli warplanes flying over the kingdom in any raid on Iran's nuclear sites. The Times said Mossad director Meir Dagan had held secret talks with Saudi officials to discuss the possibility.The Saudis have tacitly agreed to the Israeli air force flying through their airspace on a mission which is supposed to be in the common interests of Israel and Saudi Arabia,the newspaper quoted a diplomatic source as saying.
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
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
HALF HOUR DOW RESULTS FRI JULY 17,2009
09:30 AM -1.91
10:00 AM -5.02
10:30 AM +12.47
11:00 AM -4.24
11:30 AM +1.89
12:00 PM -10.09
12:30 PM -1.89
01:00 PM +4.38
01:30 PM +15.64
02:00 PM +31.44
02:30 PM +17.76
03:00 PM +23.50
03:30 PM +13.98
04:00 PM +32.12 8743.94
S&P 500 940.38 -0.36
NASDAQ 1886.61 +1.58
GOLD 937.00 +1.80
OIL 63.37 +1.35
TSE 300 10,369.42 +65.00
CDNX 1095.62 -2.18
S&P/TSX/60 628.96 +4.12
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -0.74%
S&P +4.15%
Nasdaq +19.53%
TSX Advances 912,declines 556,unchanged 297,Volume 1,626,308,002.
TSX Venture Exchange Advances 394,Declines 347,Unchanged 372,Volume 265,766,154.
Dow +1 points at 4 minutes of trading today.
Dow -37 points at low today.
Dow +23 points at high today so far.
GOLD opens at $937.80.OIL opens at $62.00 today.
AFTERNOON,NEWS,STATS
Dow -37 points at low today so far.
Dow +23 points at high today so far.
DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 1,588,declines 1,909,unchanged 127,New Highs 36,New Lows 39.
Volume 2,738,806,754.
NASDAQ Advances 954,declines 1,543,unchanged 136,New highs 47,New Lows 14.
Volume 869,967,943.
TSX Advances 673,declines 546,unchanged 298,Volume 821,545,151.
TSX Venture Exchange Advances 283,Declines 247,Unchanged 269,Volume 156,130,448.
WRAPUP,NEWS,STATS
Dow -37 points at low today.
Dow +43 points at high today.
Dow +0.37% today Volume 301,413,216.
Nasdaq +0.08% today Volume 1,795,665,061.
S&P 500 -0.04% today Volume N/A
RECORD LOWS DOW
-Sept 30,1996 5,882.17
-Oct 30,1996 5,993.23
-Nov 6,1996 6,177.71
-Dec 16,1996 6,268.35
-Apr 15,1997 6,587.16
-Apr 21,1997 6,660.21
-Apr 28,1997 6,783.02
-May 1,1997 6,976.48
-May 7,1997 7,085.65
RECORD LOWS S&P 500
-Sept 5,1996 649.44
-Sept 6,1996 655.68
-Sept 11,1996 667.28
-Sept 12,1996 671.13
-Oct 1,1996 689.08
-Oct 28,1996 697.26
-Nov 4,1996 706.73
-Nov 5,1996 714.14
-Dec 17,1996 726.04
YEAR TO DATE PERFORMANCE,WEEKENDER
Dow -0.37%
S&P +4.11%
Nasdaq +19.63%
CANADAS WEEK ENDING STATS
TSX Advances 827,Declines 645,Unchanged 265 Volume 1,680,394,254.
TSX Venture Advances 430,Declines 360,Unchanged 326 Volume 265,928,824.
MAX TAKES ON GOLDMAN SACHS
http://www.youtube.com/watch?v=VSwWy4E6I04&feature=player_embedded
http://www.youtube.com/watch?v=ZoQrYa_NKQQ&feature=player_embedded
BIDEN WE HAVE TO SPEND
http://www.youtube.com/watch?v=xegLwVoziNo&feature=player_embedded
BofA operating under secret regulatory sanction: report
Thu Jul 16, 2009 5:59am EDT
(Reuters) - Bank of America Corp is operating under a secret U.S. regulatory sanction that requires it to overhaul its board and address perceived problems with risk and liquidity management, The Wall Street Journal reported, citing people familiar with the situation.Rarely disclosed publicly, the so-called memorandum of understanding (MOU) gives banks a chance to work out their problems without the glare of outside attention, the paper said.Financial institutions that fail to address deficiencies can be slapped with harsher penalties that include a publicly announced cease-and-desist order, the newspaper said.According to the paper, the order was imposed in early May, shortly after shareholders of the bank stripped Chief Executive Kenneth Lewis of his duties as chairman.The MOU is the most serious procedural action taken against Bank Of America by federal regulators since the financial crisis erupted, the newspaper said.The report said the MOU surprised some Bank Of America executives who had not expected federal regulators to issue such a formal rebuke. It said the bank responded swiftly with six directors resigning since May 26.Bank of America faces a series of deadlines, some at the end of July and others in August, the paper said.Bank of America could not be immediately reached for comment by Reuters.(Reporting by Hezron Selvi in Bangalore; Editing by Valerie Lee)
Head of $25 Billion Templeton Fund: Derivatives Will Cause Another Crisis
George Washington Blog Thursday, July 16, 2009
I have repeatedly warned that credit default swaps are not meaningfully being reigned in, and that the failure to do so will cause future problems.Mark Mobius – executive chairman of the $25 billion dollar Templeton asset management fund – agrees:A new financial crisis will develop from the failure to effectively regulate derivatives and the extra global liquidity from stimulus spending, Templeton Asset Management Ltd.’s Mark Mobius said.Political pressure from investment banks and all the people that make money in derivatives will prevent adequate regulation, said Mobius, who oversees $25 billion as executive chairman of Templeton in Singapore. Definitely we’re going to have another crisis coming down, he said in a phone interview from Istanbul on July 13.As the CIO of Bank Julius Baer notes, regulators aren’t even trying to exert real control over derivatives:Banks have lobbied hard against any changes that would make them unable to take the kind of risks they took some time ago, said Venkatraman Anantha-Nageswaran, global chief investment officer at Bank Julius Baer & Co. in Singapore.Regulators are not winning the battle yet and I’m not sure if they are making a strong case yet for such changes.
BPrinting money will lead to serious problems down the road,says Jim Rogers
Source: BI-ME , Author: BI-ME staff Posted: Fri July 17, 2009 11:20 am
INTERNATIONAL. Legendary global investor and chairman of Singapore- based Rogers Holdings, Jim Rogers said on Wednesday the US government’s interventionist economic policy verges on communism.In an interview with Moneynews's Dan Mangru, Rogers said: America now owns the car industry. America owns the mortgage industry. America owns a lot of the insurance industry. Karl Marx must be somewhere standing up in his grave cheering. And why is that? America has become a socialist and maybe even communist nation in many ways,Rogers said. Addressing the various stimulus packages introduced by the US government, Rogers suggested that President Bush approved two packages, President Obama one, and now there’s talk of a fourth. The first stimulus didn’t work. The second stimulus didn’t work. The third stimulus hasn’t worked,he said.
Rogers is clearly unhappy with the massive monetary easing the Fed has engineered under Chairman Ben Bernanke and he sees inflation and a currecy crisis as a result of these policies.Printing money has been tried many times throughout history in many countries, he said. It has never worked in the long term; it has never worked in the medium-term. Occasionally, it has worked in the short term.Printing money is going to lead to serious problems down the road,Rogers added.The amounts involved are staggering, Rogers said. They’ve already injected huge amounts of money into the system. The Fed has more than tripled its balance sheet in the past year or so.The federal government has increased its own debt by four, five, six times, he said.
In an interview with India's Economic Times Tuesday Rogers was asked what he was hiding in his pocket in reference to when, in a previous interview, he had a sachet of sugar in his pocket to underscore the point of impending shortage about agricultural commodities.I do actually have a silver coin in my pocket. I also have a gold coin, but the silver one is probably my better play. If I were a bright young man, I would be buying sugar now and silver, given the state of the world. That's not a recommendation, but I am just saying I do own some silver. Silver is cheaper than many things on a historic basis and I do own some silver,Rogers said.Rogers reiterated his stance on the dollar and his expectation of a currency crisis.I am not terribly bullish on the dollar in long term. US dollars are a terribly flawed currency and down the road I hope I don't own any US dollars. I still own some of them at the moment, but it's not getting better for the US. The dollar any way is getting worse. The fundamental for commodities continue to improve. The fundamentals for the US dollar do not continue to improve. They are deteriorating.The world is full of currency imbalances and economic trade imbalances would have to be resolved or corrected, one way or the other. So, we are going to have some problems in the currency market. I don't know when.said Rogers.
EU commissiom to continue monitoring Bulgaria and Romania
VALENTINA POP 16.07.2009 @ 17:16 CET
EUOBSERVER/BRUSSELS – The EU commission is next week set to recommend that Bulgaria and Romania continue to stay under a special monitoring mechanism beyond 2009, due to their slow progress in justice reforms and the fight against corruption and organised crime.The commission reports, due on Wednesday (22 July), take stock of the two countries in their third year of EU membership, with neither Bulgaria nor Romania having made enough progress for the special monitoring to be lifted.Romanian authorities are trying to lobby for an exit strategy from the so-called cooperation and verification mechanism, set up in the eve of EU accession due to the incomplete reforms and rampant corruption in both countries. But a core group of donor countries to the EU budget, notably Germany, the Netherlands, as well as Sweden -currently chairing the bloc's rotating presidency – Denmark and Austria are said to be staunchly against lifting the mechanism.Although the commission clearly lacks the strong leverage it has on countries before they become members, its continued monitoring has at least prevented major relapses. For instance, in Romania, some attempts by the political class to scrap the anti-corruption prosecutor's office were thwarted in the context of the commission's monitoring.The EU executive is set to explain that the monitoring cannot be lifted until all the so-called benchmarks are met, that is the set of measures both Bulgaria and Romania committed themselves to upon accession.
They range from specific actions like setting up a special agency to deal with integrity issues and asset declarations of public officials to more complex problems, such as ensuring an efficient and transparent judicial system.For both countries, the commission will once again speak of the lack of political will to fight corruption, with the Romanian Parliament criticised for blocking graft investigations and judges for allowing trials to be dragged on forever or giving too lenient sentences. One of Bucharest's small advances will be the adoption of new penal and civil codes, but the commission will also want to see the impact of the new legislation in the coming years.Sofia, for its part, will be criticised for not putting mafia bosses on trial, especially the ones with strong political connections and access to EU funds.The commission, however, is unlikely to recommend any sanctions, as it did last summer, when it decided to freeze some €800 million in EU aid for Bulgaria, due to fraud and links to organised crime.Romania also had some €190 million in agricultural funding suspended last year, but the commission did not link it with the justice report in the summer. The payments have since been resumed after the Romanian authorities revamped the control mechanisms for the funds.A general report on fraud and irregularities with EU money in 2008 issued on Wednesday showed Romania with the highest number of potential fraud cases from pre-accession funds. This type of financial assistance started before the country joined but is still ongoing until the end of this year. Romania had over a billion euros earmarked from this fund for 2008 and reported 246 cases of irregularities and fraud, affecting projects worth a total of €21 million, of which €16 million had to be recovered by the commission. Bulgaria is next in line, with 140 cases and €9 million to be recovered. The total sum affected by irregularities and potential fraud is bigger in Bulgaria, clocking in at €28 million.
Bleak perspectives
The commission is likely to emphasize that it is up to the Bulgarian and Romanian people themselves to form the critical mass necessary to push for real reforms, but political perspectives on the ground are rather bleak.In Bucharest, the majority of the Parliament elected last November wants to preserve the old status quo, and not even young politicians are a guarantee for change and transparency. On Tuesday, the 32-year old minister of Youth and Sports, Monica Iacob-Ridzi, was forced to resign amid allegations of embezzlement of public money.Presidential elections due this November are also unlikely to change the situation. The incumbent president, Traian Basescu, won in 2004 on a strong anti-corruption ticket, but even his centre-right Democratic Liberal party (PDL) is only half-heartedly backing that type of discourse. In addition, his own transparency and non-nepotism credentials have come under fire, after his daughter was elected as MEP with the tacit backing and funding of the PDL.
Mr Basescu's main challenger, Social-Democrat leader Mircea Geoana, is respected on an international level after having served as foreign minister and ambassador in Washington. But he has failed to reform his own party which inherited most of the Communist old guard, highly criticised for its corrupt and non-transparent practices.
With the landslide victory of Boiko Borisov's centre-right party, Bulgaria at least has a majority in the new Parliament which ran on a strong anti-corruption ticket. Yet commission officials are cautious about placing too much hope in the new Prime Minister's populist declarations. A former bodyguard of the Communist Party leader, Mr Borisov made little progress as mayor of Sofia in cracking down on the mafia killings taking place on the streets of the Bulgarian capital. Some press reports also linked him with mafia networks, an allegation Mr Borisov staunchly rejects.
New committee chairs set to create bruising encounters
ANDREW WILLIS 16.07.2009 @ 17:17 CET
EUOBSERVER / STRASBOURG – The election of two sectoral champions to the European parliament's industry and environment committees on Thursday (16 July) has set the stage for five years or bruising encounters between the two bodies. Controversial German MEP Herbert Reul from the centre-right European Peoples Party was elected chairman of the powerful industry, research and energy committee while former environmentalist Jo Leinen, an MEP from the Socialists and Democrats group, takes over the helm of the legislature's environment committee.Before the vote, a number of industry committee members expressed concern that the proposed chairman held overly close links with the business world, with the Liberal delegation saying transparency must be the watchword.In previous parliament negotiations on the car emissions law and on opening up the energy market in the EU, Mr Reul was accused of handing in amendments that came directly from industry.Industry committee member and vice-president of the Greens group Claude Turmes said his party was concerned about the new chairman's close links with the industry sector. It worries us a lot and Reul is also a climate sceptic,he said. If Mr Reul does not stick to the rules of the game and respect the votes of the members then probably we will have an institutional problem,he added. However Mr Reul defended his record.I am not close to businesses but I am certainly close to the business philosophy, he told EUobserver, adding that European businesses are currently facing the worst recession in the last half century.People all around Europe are losing jobs as a result of the recession, so it is not correct to say that the environment dossier is the most important,he indicated.On the issue of whether human activity was causing climate change he said: It's a part but it's not all.
Environment committee
Such tempered views on the human role in causing climate change are unlikely to be shared by the environment committee's new chairman - MEP Jo Leinen from the Socialists and Democrats group.Mr Leinen said he was returning to his roots by taking on the position, highlighting his environmentalist background including a stint as environment minister for his region in Germany and various citizens initiatives before that in the 1970s.There is a tension between the environment and industry committees but the chairperson is not alone, it's up to the members of the committee [to make decisions], although he does have a certain influence,he told this website.
He said that the new parliamentary mechanism that enables two committees to combine and make joint decisions on contentious legislation could be used to help solve disputes between the two committees.
Economic committee gets non-euro chairwoman
The economic and monetary affairs committee, which has regular contacts with ECB chairman Jean-Claude Trichet, elected UK MEP Sharon Bowles as its chairperson.Before her election however, the MEP moved to allay committee member concerns that her origins from a non-euro country could jeopardise the committee's work by saying she was a strong supporter of the currency. Ultimately the UK will not be able to stay out of the euro if you look into the long-term when it is a major reserve currency, she later told journalists.She also said she would not be lobbying for the banking interests of the city of London, Europe's largest financial centre, indicating she intended to clearly distinguish between her personal views as an MEP and her duty to be an independent chairwoman. If I may be so bold, I think I will probably demark this [joint role] more clearly than has previously been the case with some continental chairs.
Surprise on foreign affairs
In a surprise turn of events, Italian MEP Gabriele Albertini from the centre-right EPP group was elected chairman of the foreign affairs committee and not Mario Mauro.
Mr Mauro had been tipped for the post having backed out of the race to win the EPP nomination for president of the parliament. In accepting the post, Mr Albertini said: For understandable reasons, Mario Mauro thought he could not be head of the Italian delegation and chair of the committee.The former mayor of Milan also admitted however that Mr Mauro had more experience in the field of foreign affairs than he did.
Other chairs
In total twelve committee chairs were elected on Thursday, with the rest set to be elected on Monday. Socialist MEP Vital Moreira from Portugal was elected as chair of the international trade committee, while French MEP Alain Lamassoure from the EPP group took the budgets committee.Fellow compatriot Pervenche Beres from the Socialist grouping took the employment and social affairs committee, while UK MEP Malcom Harbour from the anti-federalist European Conservatives and Reformists group took the important internal market and consumer protection.Legal affairs went to German MEP Klaus-Heiner Lehne from the EPP, civil liberties went to Socialist MEP Fernando Lopez Aguilar from Spain, and women's rights and gender equality went to Swedish MEP Eva-Britt Svensson from the left-wing GUE/NGL group. Petitions went to Italian MEP Erminia Mazzoni from the EPP.
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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Friday, July 17, 2009
Thursday, July 16, 2009
GEITHNER TALKS WITH ARABS,MUSLIMS
METEORS HIT THE EARTH
REVELATION 6:12-17
12 And I beheld when he had opened the sixth seal, and, lo, there was a great earthquake; and the sun became black as sackcloth of hair, and the moon became as blood;
13 And the stars of heaven fell unto the earth, even as a fig tree casteth her untimely figs, when she is shaken of a mighty wind.
14 And the heaven departed as a scroll when it is rolled together; and every mountain and island were moved out of their places.
15 And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;
16 And said to the mountains and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb:
17 For the great day of his wrath is come; and who shall be able to stand?
REVELATION 8:12-13
12 And the fourth angel sounded, and the third part of the sun was smitten, and the third part of the moon, and the third part of the stars; so as the third part of them was darkened, and the day shone not for a third part of it, and the night likewise.
13 And I beheld, and heard an angel flying through the midst of heaven, saying with a loud voice, Woe, woe, woe, to the inhabiters of the earth by reason of the other voices of the trumpet of the three angels,which are yet to sound!
REVELATION 16:21
21 And there fell upon men a great hail out of heaven, every stone about the weight of a talent:(80-120 LBS) and men blasphemed God because of the plague of the hail; for the plague thereof was exceeding great.
Space invaders: Asteroid belt has rocks from afar Wed Jul 15, 3:43 pm ET
WASHINGTON – A new astronomy theory says the solar system's main asteroid belt is littered with icy invaders from far away.The so-called invaders are asteroids that seem more like primitive frozen comets than the baked rocks that make up the overwhelming majority of asteroids between Mars and Jupiter.A theory proposed by scientists in the journal Nature suggests the icy rocks are contamination from the Kuiper (KY-per) asteroid belt beyond Neptune.When Saturn and Jupiter scooted farther from the sun nearly 4 billion years ago, the shock sent the tiny distant meteorites spraying about. Planetary scientist Hal Levison suggests some of these got stuck with the asteroids floating between Jupiter and Mars, while others bombarded Earth and the moon.
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.
Carlos weakens, Dolores strengthens in Pacific Thu Jul 16, 12:09 am ET
MEXICO CITY – Tropical Storm Dolores gained strength far off Mexico's Pacific coast Wednesday.Dolores' maximum sustained winds have increased to near 50 mph (72 kph), according to the National Hurricane Center in Miami, Florida.At 11:00 p.m. EDT (0300 GMT), Dolores was centered about 630 miles (1,015 kilometers) southwest of Baja California.The storm was moving northwest, out to sea, at about 14 mph (22 kph).
Tropical Storm Carlos also had winds of about 50 mph (72 kph), much further out in the Pacific.Carlos was located about 1,705 miles ( 2,740 kms) west-southwest of Baja California.The center said Carlos was moving west, out to sea, at about 12 mph (19 kph).
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.
Letter sent linked to Canadian pipeline bombings Wed Jul 15, 7:30 pm ET
DAWSON CREEK, British Columbia – A newspaper in British Columbia received a second letter Wednesday that appears to be from someone connected to a series of bombings targeting EnCana's natural gas operations.The Dawson Creek Daily News publisher said he had read the letter, but was waiting for guidance from police before revealing what it says.The Daily News was among local media outlets to receive another letter last October, a threatening, hand-written note that arrived shortly before the first of six explosions police recently labeled domestic terrorism.That first letter called EnCana and other oil and gas companies terrorists and demanded they stop their operations immediately.The letter was followed by three successive explosions in October, two of which caused leaks of sour gas, which contains toxic hydrogen sulfide.
There was a forth explosion in January.Earlier this month, two bombings exploded a few days apart, first on Canada's independence holiday on July 1 and again on July 4, Independence Day in the U.S.Publisher Dan Przybylski said the Dawson Creek Daily News will respect any concerns investigators have about publishing the letter.In this area, there's a lot riding on this,he said.The Royal Canadian Mounted Police confirmed it received the latest letter, but a spokesman said investigators weren't ready to reveal what it says.We're still analyzing the content and determining our next steps,said Sgt. Tim Shields.Shields expects the letter's contents will be made public at some point.An EnCana spokeswoman said the Calgary-based company hadn't seen the latest letter and couldn't comment.The RCMP's anti-terrorism unit has been investigating for the past nine months with more than 250 personnel working the case, but so far no one has been charged.Police haven't announced any substantial leads since last December, when they released a series of eight surveillance photos that apparently turned out to be a dead end.Police believe whoever is responsible for the explosions is from the local area.EnCana has offered a half-million-dollar reward for information in the case, and even set up a telephone line for the bomber to air any grievances, but no one has called.
Israel anti-missile system passes live fire test By STEVE WEIZMAN, Associated Press Writer – Wed Jul 15, 3:48 pm ET
JERUSALEM – A homegrown Israeli missile defense system performed well in its first live trial, bringing down a short-range rocket similar to those used by Palestinian and Lebanese militants, an Israeli Defense Minister official said Wednesday.Spokesman Shlomo Dror told The Associated Press that a missile from the Iron Dome system intercepted and destroyed a Grad rocket. He did not say when or exactly where the system was tested, but the Web site of local daily Yediot Ahronot said the trials were held during the past week.Dror said that while the missile's guidance and control systems have been tested several times in the past, this was the first trial under live battle conditions.The laser-based system is scheduled to be fully-operational by the end of next year.Palestinians in the Gaza Strip fired dozens of Grads, and hundreds of smaller homemade rockets, into southern Israel during a three-week Israeli offensive last winter. Dror said Iron Dome was equally effective against both types of rockets.The Grad is also similar to the Katyusha rockets used by the Lebanese Hezbollah militia, which fired almost 4,000 of them across Israel's northern border during fierce fighting in 2006.
Israel has been looking at anti-rocket systems since 2003 but put the search into high gear after the summer 2006 war.Developed at a cost of over $200 million, the Iron Dome system is intended to eventually be integrated into a multilayered defense umbrella to meet all missile threats.Its manufacturer, state-owned Rafael is also working with U.S. company Raytheon Co. to develop a system against medium-range missiles.To meet long-range threats, such as an Iranian attack, Israel Aerospace Industries Ltd. and Chicago-based Boeing Co. are producing the Arrow missile, which has been successfully tested and partially deployed.The most advanced version, the Arrow II, was specifically designed to counter Iran's Shahab ballistic missile, which is capable of carrying a nuclear warhead.The Shahab-3 has a range of up to 1,250 miles (2,000 kilometers), putting Israel well within striking distance.Israel sees Iran as its biggest threat, citing the country's nuclear program and its development of long-range ballistic missiles. Those fears have been compounded by Iranian President Mahmoud Ahmadinejad's repeated references to the destruction of the Jewish state.
WORLD GOVERNMENT
EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.
LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.
DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he 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.
DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
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.
REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.
We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950
Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.
London publicly supports Blair for EU president post
LUCIA KUBOSOVA Today JULY 16,09 @ 09:27 CET
Tony Blair would have London's full backing for the new post of EU president, UK's Europe minister confirmed, suggesting the well-known British ex-leader would be respected and generally welcomed.The British Labour leader has been mentioned as a possible candidate for the title since it first appeared in the European Constitution, which was later transformed into the Lisbon treaty.But this is the first time that London's position has been publicly announced by a government minister.The UK government is supporting Tony Blair's candidature for president of the Council [of EU governments], Lady Kinnock, Britain's Europe minister, told journalists in Strasbourg on Wednesday (15 July).She argued that Mr Blair had the strength of character and status to take on the job, adding: People know who he is, and he could step into this new role with a lot of respect and he would be generally welcomed.When asked whether the British government had discussed the issue with Mr Blair, Lady Kinnock replied: It is the government's position. I am sure they would not do that without asking him.Tony Blair, Britain's prime minister for 10 years, is currently working as an international peace envoy to the Middle East while also serving as an advisor to insurance firm Zurich and investment bank JP Morgan.In reaction to the statement by Lady Kinnock, Mr Blair's spokesman told the BBC: As we have said, time and again on this, there is nothing to be a candidate for since the job doesn't actually exist.The creation of a new EU president post - to be held for two and a half years and partly replace the current six-month rotating chairmanship of the bloc's member states – currently depends on the outcome of the second referendum on the Lisbon Treaty in Ireland on 2 October, following a negative verdict by the Irish last year.
The latest polls suggest that the country, strongly affected by the current global financial and economic crisis, may approve the EU's new treaty.The full tasks and responsibilities of President of the European Council – as the official title reads - are not yet clear: he or she will mainly be chairing the summits of national leaders and work closely with the EU foreign minister, another post created by the new treaty.Whether the role of the EU president will be merely administrative or something more powerful is likely to be determined by the first appointee to the job.
Mr Blair is a controversial candidate due to his support for the Iraq. He has in the past been publicly supported by Paris but is thought to be strongly opposed by German chancellor Angela Merkel. A President Blair is also opposed by Fredrik Reinfeldt of Sweden and Jose Luis Rodriguez Zapatero of Spain, leaders of the current and next EU presidency countries.Another candidate mentioned most often and thought to enjoy backing by Berlin and Paris is Luxembourg's prime minister and veteran of the EU stage, Jean-Claude Juncker.But French media recently reported that French president Nicolas Sarkozy has switched his support to former Spanish socialist prime minister Felipe Gonzalez, 67, who currently heads a group of EU's "wise men" discussing the bloc's future shape.
Green Global Government Agenda Becoming More Evident
Daniel Taylor Old-thinker News July 15, 2009
What if a small group of world leaders were to conclude that the principal risk to the Earth [environment] comes from the actions of the rich countries?… So, in order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring that about? This group of world leaders form a secret society to bring about an economic collapse. – Maurice Strong, May, 1990 interview with West Magazine describing a novel that he would like to write.These candid comments from Maurice Strong, the first director of the United Nations Environmental Program, carry an especially eerie tone in the context of recent events.Daniel Estulin, who has been chasing Bilderberg for many years, covered the 2006 meeting held in Ottawa Canada. Bilderberg attendees have included Heads of State, Mayors, business leaders, and members of the press. Investigative journalist Jim Tucker confirmed that Secretary of Treasury Timothy Geithner attended the 2009 meeting in Athens, Greece.Estulin’s sources within Bilderberg 2006 told him that …what they [Bilderberg] are going to do over the next year, year and a half is to bring the market back up to its 1998, 1999 levels, they’re going to get all the suckers to invest what little money they have left over, and that’s when they’re going to make the economy’s bottom drop out…Indeed, this scenario did play out in the year that followed as Estulin’s Bilderberg sources told him.
Out of the economic and [supposed] environmental catastrophes that we face, global governance is being presented as a solution. Whether or not the global elite did in fact engineer the current economic crisis, which evidence does point toward, it is being used as a catalyst to launch a host of globalist initiatives. In March of 2007, Old-Thinker News reported on the desire of globalist foundations and interests to construct a system of global governance to fight global warming. Since then, the interests pushing the theory of man made global warming and the radical solutions that accompany it have provided more insight on exactly what is being planned.In 2006 Richard Haass, the current president of the Council on Foreign Relations, stated in his article State sovereignty must be altered in globalized era,that a system of world government must be created and sovereignty eliminated in order to fight global warming.Moreover, states must be prepared to cede some sovereignty to world bodies if the international system is to function,says Haass.Globalization thus implies that sovereignty is not only becoming weaker in reality, but that it needs to become weaker. States would be wise to weaken sovereignty in order to protect themselves… Economic instability and terrorism are also cited by Haass as reasons for weakened national sovereignty.Al Gore, who has been positioned as a main figurehead in the global warming movement, recently commented that the Waxman-Markey climate bill – which is set to dramatically increase consumer costs and taxes – is a positive step towards global governance.Simon Linnett, Executive Vice-Chairman of Rothschild Bank, has also called for the creation of a new international body that would regulate and tax CO2. Linnett writes for the Telegraph, mirroring Richard Haass’s comments,A key implication of creating a legal yet global system of trading, is the loss of sovereignty it implies. Governments must be prepared to allow some subordination of national interests to this world initiative, on the issue of emissions. This need not mean a new system of government, above individual nations.The European nations already do this, on certain issues, yielding sovereignty to the EU. And in time, the EU itself will eventually have to yield to a larger body – one which includes the economic powerhouses of India and China.As President Obama himself has admitted, cap and trade systems and carbon taxes will pass on costs to consumers. Linnet threatens that,When an individual receives an electricity bill, they will come to know what the cost of turning on the gas or a light was to the environment.Linnet proposes that carbon trading could become the reserve currency of the world…, and concludes by saying that emissions trading could establish a new world order for a sustainable planet…That a Rothschild Bank Vice-Chairman would be proposing such measures might be surprising to some, but could well meaning environmentalists be in for a shock to find that a seemingly grass roots movement has been initiated from the top down?
In early 2009, Exxon Mobil announced its support of carbon taxes. As the Calgary Herald reports,Exxonmobil corp., the world’s largest crude oil refiner, supports taxing carbon dioxide as the most efficient way of curbing greenhouse gas emissions, its chief executive said.The announcement came from Rex Tillerson, CEO of Exxon Mobil, speaking at the Woodrow Wilson International Center for Scholars in Washington, which has served as a platform for discussing various globalist initiatives for many years.A May 2008 article from the International Herald Tribune painted a glowing picture of the Rockefeller family – who built the Standard Oil empire, later to emerge as Exxon – in their quest to press for change at Exxon. As reported, David Rockefeller, retired chairman of Chase Manhattan Bank and patriarch of the family, issued a statement saying,I support my family’s efforts to sharpen Exxon Mobil’s focus on the environmental crisis facing all of us.Ultimately, the world faces an unprecedented transfer of power and wealth to new global bodies. The economic destruction taking place in the United States is draining the wealth creating capacity that we once had. Political commentator Pat Buchanan recently stated on MSNBC,more and more scientists are coming forward to say this [man-made global warming] is a hoax and a scam which is designed to transfer wealth and power from the private sector to the government sector and from the government of the United States to a world government.
Calls for new world order at NAM summit by Samer al-Atrush Samer Al-atrush – Wed Jul 15, 3:21 pm ET
SHARM EL-SHEIKH, Egypt (AFP) – More than 50 heads of state from the developing world met Wednesday in Egypt to tackle the fallout from the global economic meltdown, with calls for a new world order to prevent a repeat of the crisis.Cuban President Raul Castro said in a speech at the opening session of the Non-Aligned Movement summit that the financial crisis had hit developing nations the hardest.Every country in the world must seek just solutions to the global economic crisis,Castro told the 118-member body at the gathering in the Red Sea resort of Sharm el-Sheikh.We call for a new monetary and economic world order... we must restructure the world financial system to take into consideration the needs of developing countries.Global power dynamics also need to be addressed, Libyan leader Moamer Kadhafi said, demanding a restructuring of the UN Security Council which he branded a form of terrorism monopolised by a few countries that are permanent members.This represents a danger toward international peace. We have suffered all sorts of harm from the Security Council, it has become a sword over our necks,he said. The Security Council is terrorism.Kadhafi said he wanted to correct the imbalance at the Security Council, demanding a permanent seat for the 53-member African Union, which he chairs.
India said members should play a bigger role on the world stage.
Decision-making processes, whether in the United Nations or the international financial institutions continue to be based on charters written more than 60 years ago, though the world has changed greatly since then,Prime Minister Manmohan Singh said.Developing countries must be fully represented in the decision-making levels of international institutions,Singh said.But the developing world's military ambitions looked set to steal the summit limelight, with nuclear-armed South Asian foes India and Pakistan to hold talks on Thursday aimed at relaunching stalled peace talks.
Pakistani Prime Minister Yousuf Raza Gilani expressed optimism that relations with India were headed on the right track.There has recently been some forward movement in our relations with India, Gilani said.We hope to sustain this momentum and move towards comprehensive engagement. We believe durable peace in South Asia is achievable,he said.New Delhi and Islamabad's fraught relations deteriorated after terror attacks in the Indian commercial capital Mumbai in November last year which killed 166 people.The attacks were blamed by India on the banned Pakistani militant group Lashkar-e-Taiba, and Pakistan has acknowledged they were partially planned on its soil.Indian foreign secretary Shiv Shankar Menon has been holding talks with his Pakistani counterpart Salim Bashir since Tuesday in preparation for the meeting between Singh and Gilani.Menon told a press conference Wednesday night that the talks were continuing. We have had good detailed discussions. We are still in the process of talking to each other,he said. Singh has voiced hope that Pakistan will promise action against those behind the attacks when he meets Gilani for only the second high-level contact between the two sides since the Mumbai bombings.
Pakistan has said that it would probably put the five accused of involvement in the attacks on trial next week. The attacks left in tatters a fragile peace process launched in 2004 to resolve all outstanding issues of conflict, including a territorial dispute over the divided Himalayan territory of Kashmir. India, along with host Egypt, is one of the founding members of the NAM, the largest grouping of countries outside of the United Nations, aimed at giving a voice to the developing world.Founded in 1955, NAM's 118 member states represent around 56 percent of the global population. NAM states consider themselves not formally aligned with or against any major power bloc.
EIB loans flow through tax havens, say NGOs
TERESA KÃœCHLER Today JULY 16,09 @ 09:38 CET
Despite harsh words and threats of tough sanctions against tax dodgers, EU-funded development projects in the third world are run by companies registered in tax havens. This costs developing countries millions in much needed tax revenues and leads to capital flight and lack of transparency, a study by bank-monitoring NGOs says.The EU wants to clamp down on tax dodgers, but the union's development monies end up in the pockets of dodgiest ones, say NGOs (Photo: Stately Payday Loan/Wikipidea)The study, Flying in the face of development- How European Investment Bank loans enable tax havens, released on Wednesday (15 July), says projects and beneficiaries funded by the European Investment Bank (EIB), the EU's house bank, involve tax havens, and multinational companies that use them for tax purposes.
According to the group Counter Balance, composed of seven European NGOs that track the EIB's activities, the bank is particularly unconvincing when handing out so-called global loans – loans provided on trust to Europe's biggest banks, the largest users of tax havens. The EIB does not have much overview of what they [the banks] then do with the money, and several of the banks have earlier been in the spotlight for conducting business through tax havens," Marta Ruiz, a policy officer from the European Network for Debt and Development (EURODAD) and author of the study, told this website.The current EIB monitoring system suggests that banks or companies that receive loans report against themselves if they detect any signs of shady business, the report states.Furthermore, the EIB's sanctions against companies caught evading tax are weak. There is no naming and shaming of companies excluded from finance, and no debarment from tendering for other EIB projects unless sentenced with a criminal conviction.
EU development goals?
The EIB is the world's largest public international financial institution, but also the least known and, according to critics, least transparent of the EU institutions. One of the things it does is implement the EU's development cooperation strategies.
The EIB will, for example, allocate €2 billion to support Africa in the context of the financial crisis over the next three years, mainly for investments in infrastructure, energy projects and the financial sector. Policy analyst Marta Ruiz explained that often the beneficiary of a project funded by the EIB in Africa is a multinational corporation that sets up a subsidiary in a tax haven like Mauritius.
The company operates in a third country with which Mauritius has a tax agreement, stating that Mauritian companies pay their taxes at home, and not in the country where the project is based.The companies then pay no taxes but only a nominal fee to Mauritius for the home address, and extract between 20 and 30 percent of return on investment.This is like giving development countries money with one hand, and then taking it away with the other,Ms Ruiz said According to charity War on Want, tax avoidance and capital flight alone cost Africa five times what it receives in aid in each year, money that would have enabled governments to fund vital public services such as health care, education and clean water.There is however growing international pressure to outlaw tax havens, in order to reform the world's battered financial system. At the G20 meeting this spring, world leaders announced that sanctions would be taken against countries which continued to give haven to tax evaders. The writing is on the wall for tax havens wherever they may be,UK prime minister Gordon brown said in a joint press conference with French president Nicolas Sarkozy.
An EU institution, but also a bank
An EIB official said it is not odd that the EU's house bank works with big banks or other intermediaries like private equity funds. The EIB only gives direct loans to projects involving sums over €25 million. In order to apply smaller loans, such as loans to SME's, the EIB goes through middlemen, such as banks or other funds. But these are loans. We naturally want the money back, and therefore we have an interest in asking for full reports from the investors we lend money to,the official stated. But he added that the EIB is currently looking at how to improve back-reporting procedures.He underlined that those who receive EIB monies for projects have to fulfil with all possible criteria set out in the EU's development goals.But people fail to understand that even though the EIB is an EU institution, it is also a bank, and as such, has to act according to secrecy and business rules for banks, he said.
Some political camps, NGOs, faith groups and activists are ideologically opposed to opening up EU development to commercial interests, and to the fact that private banks and companies borrow public money at low interest rates in order to make profits on EU development projects.But proponents of this path argue that only by taking the industry and business world onboard in the fight against poverty, with their capital, expertise and a sense for multiplying cash and creating growth, can development and aid in poor countries be efficient. However, if there is suspicion that the actors who carry out EU development policies consider tax evasion a legitimate part of their business, Brussels may have to do some explaining even to those convinced by the public-private partnership model.EIB president Philippe Maystadt last month announced that the bank would tighten its rules on lending to companies in offshore financial centres, with a revised policy likely to require firms to move out of offshore financial centres if they want an EIB loan. The EIB is committed to ensuring that its loans are used for the purposes intended, the promotion of European Union priority objectives, Mr. Maystadt said.The Luxemburg-based bank is also expected to release new transparency rules later this year.
SIGN VACCINE PREVENTION RIGHTS PETITION
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HEALTH FREEDOM USA
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PAT ROBERTSON SAYS STOP THIS DANGEROUS HEALTHCARE BILL,1000 PAGES UP TO $3 TRILLION TO BE WASTED ON THIS BILL THAT WAS DREAMED UP BY LIBERALS OVER YEARS.
CBN ON HEALTHCARE BILL (VOTE IT DOWN NOW)
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http://www.cbn.com/cbnnews/politics/2009/July/Senate-Health-Committee-Okays-Revamp-/
Health Care Bill Will Fund State Vaccine Teams to Conduct Interventions in Private Homes Thursday, July 16, 2009 By Terence P. Jeffrey, Editor-in-Chief
President Barack Obama announces Kansas Gov. Kathleen Sebelius, left, as his nominee for Health & Human Services Secretary, Monday, March 2, 2009, in the East Room at the White House in Washington. (AP Photo/Ron Edmonds)(CNSNews.com) - There is a knock at the front door. Peeking through the window, a mother sees a man and a woman, both in uniform. They are agents of health-care reform.Excuse me, ma’am, says the man. Our records show that your eleven-year-old daughter has not been immunized for genital warts.And your four-year-old still needs the chicken-pox vaccine,says the woman.He will not be allowed to start kindergarten unless he gets that shot, you know, says the man—smiling from ear to ear.So, can we please come in? asks the woman.We have the vaccines right here,she says, lifting up a black medical bag. We can give your kids the shots right now.
We are from the government,says the man, and we’re here to help.
Is this a scene from the over-heated imagination of an addlepated conspiracy theorist? Or is it something akin to what is actually envisioned by the health-care reform bill approved this week by the Senate Health, Education, Labor and Pension Committee.The committee’s official summary of the bill says: Authorizes a demonstration program to improve immunization coverage. Under this program, CDC will provide grants to states to improve immunization coverage of children, adolescents, and adults through the use of evidence-based interventions. States may use funds to implement interventions that are recommended by the Community Preventive Services Task Force, such as reminders or recalls for patients or providers, or home visits.
Home visits? What exactly is the state going to do when it sends people to implement interventions in private homes designed to improve immunization coverage of children?
The draft of the bill posted on the committee Web site provides more details.Title III of the bill is entitled, Improving the Health of the American People.It includes four subtitles. They are: Subtitle A: Modernizing Disease Prevention of Public Health Systems,Subtitle B: Increasing Access to Clinical Preventive Services,Subtitle C: Creating Healthier Communities,and Subtitle D: Support for Prevention and Public Health Information.The program authorizing home interventions to promote immunizations falls under Subtitle C: Creating Healthier Communities.This subtitle directs the secretary of health and human services to establish a demonstration program to award grants to states to improve the provision of recommended immunizations for children, adolescents, and adults through the use of evidence-based, population-based interventions for high-risk populations.The bill lists eight specific ways that states may use federal grant money to carry out immunization-promoting interventions.Method E calls for home visits which can include provision of immunizations.
Says the draft bill: Funds received under a grant under this subsection shall be used to implement interventions that are recommended by the Task Force on Community Preventive Services (as established by the secretary, acting through the Director of the Centers for Disease Control and Prevention) or other evidence-based interventions, including—(A) providing immunization reminders or recalls for target populations of clients, patients, and consumers; (B) educating targeted populations and health care providers concerning immunizations in combination with one or more other interventions; (C) reducing out-of-pocket costs for families for vaccines and their administration; (D) carrying out immunization-promoting strategies for participants or clients of public programs, including assessments of immunization status, referrals to health care providers, education, provision of on-site immunizations, or incentives for immunization;(E) providing for home visits that promote immunization through education, assessments of need, referrals, provision of immunizations, or other services; (F) providing reminders or recalls for immunization providers;(G) conducting assessments of, and providing feedback to, immunization providers; or (H) any combination of one or more interventions described in this paragraph.Many vaccines routinely administered to children in the United States are utterly uncontroversial. But in recent years there have been controversies about the chicken pox vaccine and the vaccine for HPV, which causes genital warts, which can cause cervical cancer.On March 15, 2007, Bloomberg news summarized a study published in the New England Journal of Medicine, which discovered that the chicken pox vaccine does not provide permanent protection against chicken pox, leaving children who have been immunized vulnerable to getting ill with the virus later in life when it can cause a more serious bout of the disease.Merck & Co.'s chickenpox vaccine weakens as children age, possibly leaving them vulnerable to a more serious infection as adults, a U.S.-sponsored study in California found,” reported Bloomberg.The power of the vaccine, Varivax, the only one available in the United States against chickenpox, starts to fade after five years, according to the study in today's New England Journal of Medicine. The results suggest that children should get a second dose, which advisers to the Centers for Disease Control and Prevention recommended in June.
Bloomberg quoted the study as saying,Waning immunity is of particular public health interest because it may result in increased susceptibility later in life, when the risk of severe complications may be greater than that in childhood.In March of this year, the Washington Post reported about the controversy sparked when the Merck pharmaceutical company campaigned to have states mandate that school girls receive Gardasil, its vaccine against HPV.Merck also began an ambitious marketing campaign and lobbying push to persuade states to add the vaccine to the list of those required for children to attend school,reported the Post.But the company eventually abandoned the strategy in the face of an intense backlash from critics who argued that the decision should be left to parents. Although many states considered such mandates, so far only Virginia and the District have imposed one, and [a Merck official] said the company has no plans to pursue that strategy again.The Post's report noted that at least some experts questioned the wisdom of promoting use of the vaccine when its long term impact is still unknown.Federal health officials, Merck and others say they are confident that the vaccine is safe,reported the Post.But some experts said they are concerned that there is insufficient evidence about how long Gardasil's protection will last, whether serious side effects will emerge and whether the relatively modest benefits for boys are worth even the small risks associated with any vaccine.
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
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
HALF HOUR DOW RESULTS THU JULY 16,2009
09:30 AM -2.22
10:00 AM +24.96
10:30 AM -0.60
11:00 AM +15.72
11:30 AM -9.44
12:00 PM -2.11
12:30 PM +11.39
01:00 PM +3.18
01:30 PM -7.48
02:00 PM +29.48
02:30 PM +44.52
03:00 PM +74.29
03:30 PM +79.28
04:00 PM +95.61 8711.82
S&P 500 940.74 +8.06
NASDAQ 1885.02 +22.13
GOLD 937.80 -1.60
OIL 62.05 +0.51
TSE 300 10,296.87 +81.41
CDNX 1097.80 +15.25
S&P/TSX/60 624.56 +6.19
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -1.83%
S&P +3.26%
Nasdaq +18.13%
TSX Advances 1,120,declines 415,unchanged 264,Volume 2,298,595,286.
TSX Venture Exchange Advances 486,Declines 291,Unchanged 388,Volume 316,083,255.
Dow -11 points at 4 minutes of trading today.
Dow -28 points at low today.
Dow +42 points at high today so far.
GOLD opens at $937.00.OIL opens at $60.57 today.
AFTERNOON,NEWS,STATS
Dow -28 points at low today so far.
Dow +42 points at high today so far.
DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 1,685,declines 1,821,unchanged 134,New Highs 29,New Lows 42.
Volume 2,470,241,635.
NASDAQ Advances 1,125,declines 1,377,unchanged 129,New highs 31,New Lows 10.
Volume 872,879,727.
TSX Advances 663,declines 568,unchanged 298,Volume 762,984,152.
TSX Venture Exchange Advances 284,Declines 234,Unchanged 309,Volume 126,893,376.
WRAPUP,NEWS,STATS
Dow -28 points at low today.
Dow +127 points at high today.
Dow +1.11% today Volume 216,509,410.
Nasdaq +1.19% today Volume 1,979,147,983.
S&P 500 +0.86% today Volume N/A
Asia stocks rise as China growth buoys confidence By JEREMIAH MARQUEZ, AP Business Writer JULY 16,09
HONG KONG – Asian stocks jumped Thursday after China's economic growth quickened and U.S. companies posted stronger-than-expected results, boosting faith in a global recovery.The move higher followed a rally on Wall Street and marked the region's third straight day of gains after a string of losses amid anxiety the market had overestimated the economy's prospects and earnings season would disappoint.But worst-case fears about U.S. earnings haven't played out, at least not yet.Intel Corp., the world's biggest chipmaker, helped confidence with better-than-expected results and a robust forecast for the second-half of the year. The news came after Goldman Sach Group Inc.'s quarterly profit comforted investors the day before.China, meanwhile, said its economy accelerated in the second quarter, expanding by 7.9 percent, amid a surge in consumer spending and factory output on the back of massive government stimulus measures.Analysts said the quicker expansion, above most market forecasts, put the world's third-largest economy within reach of the government's 8 percent full-year growth target. It offered yet more assurances for global investors who, thrilled by China's ability to keep its economy growing as other countries slump, have already driven Shanghai's stock market up nearly 75 percent this year.
This should give people confidence that China's economy is on strong footing and that there are a lot better days ahead,said Alan Landau, Hong Kong-based president of Marco Polo Pure Asset Management, which oversees about $120 million in mostly mainland Chinese equities.All the signs point to expansion in China. Sentiment is very positive toward China. Where else in the world right now can you find that kind of growth? Every major benchmark was green, though many traded off their highs by the afternoon as caution began to set in after U.S. market futures dropped and struggling U.S. lender CIT Group Inc. headed for bankruptcy.Japan's Nikkei 225 stock average gained 74.91 points, or 0.8 percent, to 9344.16 and Hong Kong's Hang Seng was up 223.83, or 1.2 percent, at 18,482.28.South Korea's Kospi added 0.8 percent to 1,432.22. Australia's index advanced 1.8 percent, India's Sensex was up 0.2 percent and Singapore's stock measure was higher by 0.7 percent.In mainland China, the Shanghai benchmark was unable to hold its advanced, losing 0.2 percent to 3,183.74.Among the day's best performing stocks, Mazda surged 6.2 percent in Tokyo on news Toyota may providing its key hybrid technology in a tie-up.On Wall Street Wednesday, markets surged with investors cheered by earnings, as well as a more positive assessment of the economy from the U.S. Federal Reserve and manufacturing figures that pointed to an easing in the recession.The Dow jumped 256.72, or 3.1 percent, to 8,616.21, its biggest gain since March 23.U.S. futures pointed to losses Thursday, however. Dow futures were down 5, or 0.1 percent, at 8,538 and S&P futures were off 3, or 0.3 percent, at 923.70.Oil prices were steady in Asian trade, with benchmark crude for August delivery up 11 cents at $61.65 a barrel. The contract surged $2.02 overnight, taking its cue from Wall Street.The dollar weakened to 93.85 yen from 94.23 yen. The euro fell to $1.4062 from $1.4099.
Oil holds above $61 on positive US Fed news By ALEX KENNEDY, Associated Press Writer -JULY 16,09
SINGAPORE – Oil prices hovered above $61 a barrel Thursday in Asia after a more positive economic outlook from the U.S. central bank buoyed investor confidence.
Benchmark crude for August delivery was down 6 cents to $61.47 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract added $2.02 to settle at $61.54.Oil surged Wednesday on signs from the Federal Reserve that the U.S. economy may be performing better than expected.
The Fed said industrial companies cut production far less in June than they had in previous months, and the central bank's minutes from its meeting last month showed it now expects the economy to contract at a slower pace than previously thought.Oil had dropped to $58.78 a barrel last week from $73.38 on June 30 on investor concern that the global economy will emerge from recession slower than expected.The degree of short-run panic needed to stay below $60 has to be very considerable, Barclay's Capital said in a weekly energy report.The situation would have to be weakening to a significant degree. That does not appear to be happening.Stock investors, inspired by the Fed news and an upbeat outlook from chip maker Intel Corp., sent the Dow Jones industrial average up 3.1 percent on Wednesday.Meanwhile, signs of weak U.S. crude demand weighed on prices. The Energy Information Administration said Wednesday that the country's supply of crude oil dropped more than expected last week, falling by 2.8million barrels.Inventories have dropped 13.2 million barrels during the last four weeks.In other Nymex trading, gasoline for August delivery was steady at $1.70 a gallon and heating oil held at $1.58. Natural gas for August delivery slid 2.2 cents to $3.26 per 1,000 cubic feet.In London, Brent prices fell 7 cents to $63.02 a barrel on the ICE Futures exchange.
In Egypt, Non-Aligned nations focus on meltdown By SARAH EL DEEB, Associated Press Writer – Wed Jul 15, 10:41 pm ET
SHARM EL-SHEIK, Egypt – Cuba's president on Wednesday called for an international financial system that better takes into account developing countries' interests, as the global recession captured the spotlight at a summit of non-aligned nations.Raul Castro's remarks at the opening session of the two-day Non-Aligned Movement's meeting in this Red Sea resort were echoed by other leaders and build on earlier discussions among officials from the 118-nation grouping of mostly of African, Asian and Latin American nations.We demand the establishment of a new international financial and economic structure that relies on the participation of all countries, Castro said, ahead of handing over the movement's presidency to Egypt.There must be a new framework that doesn't depend solely on the economic stability and the political decision of only one country,the Cuban leader said, apparently referring to the United States.The new system must give developing countries preferential treatment, he said without elaborating.As the global meltdown roiled world markets, erasing trillions in dollars in individual, corporate and government wealth, calls have mounted for greater market regulation and a shift from the use of the dollar as the main foreign reserve currency. Developing nations have argued that their growth and stability is being undercut by a crisis in which they had no part in creating.This crisis, the worst in living memory, emanated from the advanced industrial economies, but the developing economies, the members of our movement, have been the hardest hit, said Indian Prime Minister Manmohan Singh.U.N. Secretary-General Ban Ki-moon said the economic crisis has revealed the need to improve the international financial architecture, so we may see the developing world and emerging powers gain more of a say in that realm.The call by Castro, whose country has been under U.S. sanctions for decades, followed similar demands by the movement's foreign ministers and senior officials who stressed after four days of meetings here that joint action was needed to ward off the global meltdown's impact.The summit's draft declaration also calls for the group to coordinate with China — attending the summit as an observer — to have their voices heard at international financial institutions like the International Monetary Fund and the World Bank.
The movement — born in the 1950s as a group of nations allied neither with the U.S. nor the Soviet Union — has lost much of its relevance with the end of the Cold War. Over the past two decades, it has become a forum in which developing nations meet to complain.Egyptian President Hosni Mubarak, in his address, recognized the challenge facing the movement's founding principles, saying the group must work closely with developed nations to address the world's biggest problems, such as terrorism and financial instability.But some of the group's members — such as India and Saudi Arabia — have gained considerable economic clout, and that influence has not been lost on the West.As the movement's members met in Egypt for their 15th gathering, U.S. Treasury Secretary Timothy Geithner was in the United Arab Emirates on the second leg of a Mideast visit during which he stressed on the need for joint effort to rebuild a more stable global economic foundation.Geithner's trip, which began in OPEC powerhouse Saudi Arabia, was a clear reflection of the growing financial strength of the six-nation Gulf Cooperation Council. As a whole, that bloc is the U.S.'s second biggest creditor after China.The prime ministers of nuclear powers Pakistan and India, meanwhile, were expected to meet on the summit's sidelines. The two met in Russia last month for the first time since the Mumbai terror attacks last year but made little headway in defusing tension in their relations.India blamed Pakistan-trained militants for the attacks, which killed 166 people, and has accused Pakistan of dragging its feet in punishing those suspected of planning the three-day siege.Pakistan has rejected the accusations and announced Sunday that the trial of five men accused in the attacks will likely start next week. You need evidence for the courts. It is an ongoing process. One day is not the make or break of things," Nawabzada Malik Amad Khan, the Pakistani minister of state for foreign affairs, told reporters at the summit.The two countries' foreign secretaries met for 90 minutes on the sidelines of the summit meeting Tuesday night, apparently to prepare for Wednesday's meeting of the two prime ministers, according to a diplomat familiar with the meeting. He spoke on condition of anonymity because he was not authorized to speak to the media.Khan said Pakistan is going into the meeting with open arms.This kind of estrangement won't do much good for us or them,he said.
US treasury chief in UAE to drum up support By ADAM SCHRECK, AP Business Writer – Wed Jul 15, 11:24 am ET
ABU DHABI, United Arab Emirates – U.S. Treasury Secretary Timothy Geithner pressed ahead with his sales pitch to Gulf Arab nations Wednesday, telling oil-rich Mideast allies Washington is committed to keeping the dollar strong and promoting sustainable growth as the world pulls out of recession.Geithner's comments in the United Arab Emirates capital Abu Dhabi came on the second leg of a two-day trip to the Middle East, where he is seeking to convince Arab leaders on the Obama administration's efforts to fix the U.S. economy.We want to rebuild a stronger foundation for more balanced growth globally,Geithner said after a closed-door meeting about education and economic development with UAE Foreign Trade Minister Sheikha Lubna al-Qasimi and other officials. We need to make sure as we emerge from this crisis we're not sowing the seeds of imbalances that will lead to future crises.Geithner's visit to the UAE, the second largest Arab economy after Saudi Arabia, came a day after he met with Saudi King Abdullah and businessmen in the kingdom. The UAE, which is the end of the Mideast tour, is also home to the Persian Gulf commercial and financial hub, Dubai.
A key aim of the trip, which follows a series of overtures to the Middle East by President Barack Obama, is to reassure major oil producers in the six-nation Gulf Cooperation Council that America still welcomes their business and will safeguard the value of the dollar and their vast U.S. investments by forging a way out of the financial crisis.The UAE and the GCC countries have played an important stabilizing role (in the global economy). You've seen them intervene in support of U.S. banking institutions,said Nasser Saidi, chief economist of the Dubai International Financial Center. What we need to see is a recognition of the important role of the GCC on the international level.The Gulf states' wealth skyrocketed during oil's earlier boom years, adding to their political clout in the process. But leaders in the region have grown increasingly concerned in recent months as crude prices and the value of their investments soured.Five of the Gulf Cooperation Council nations — Saudi Arabia, the UAE, Oman, Bahrain and Qatar — peg their currency to the dollar. Kuwait uses a basket of currencies that includes the greenback.In an interview with Arab-language news network Al Arabiya, Geithner said the U.S. would work to ensure the strength of the dollar.It is the policy of the United States and it will remain the policy of the United States to remain committed to a strong dollar,he said.
My view, and this is the view I heard expressed here, is the dollar ... will remain the principal reserve currency,he added.As a group, Gulf governments hold more than $400 billion worth of U.S. investments, making them second only to China as America's biggest creditor, Saidi said.Income from foreign assets in terms of investment positions is becoming as important as income from oil. People tend to forget that, Saidi said.Geithner's schedule in the UAE included meetings with the crown prince, the head of the central bank and the country's deputy finance minister.The treasury secretary also held talks with top officials from some of the sheikdom's sovereign wealth funds, which have invested billions of dollars in U.S. companies such as Citigroup Inc. From the UAE, he heads to Paris.Gulf countries are very important as investors, even though they don't have that much money to spend this year because of lower oil prices, said Eckart Woertz, program manager for economics at the Gulf Research Center in Dubai.That's a large part of why he's coming.
IMF: West Bank economy can grow if Israel eases up By KARIN LAUB, Associated Press Writer - Wed Jul 15, 6:01 am ET
RAMALLAH, West Bank – The West Bank economy could post its strongest performance in years in 2009, but only if Israel broadens recent efforts to ease restrictions on Palestinian trade and movement, the International Monetary Fund said Wednesday, offering a rare upbeat assessment after years of downturn.The growth, projected to be as high as 7 percent, could further stabilize the West Bank, bolster U.S.-led peace efforts and ease the financial burden on the international community. Donor countries spent some $1.8 billion in 2008 alone to cover the Palestinian government's deficit, in part to make up for a stagnant economy.Donor countries have repeatedly urged Israel to scale back a series of restrictions imposed after the outbreak of Israeli-Palestinian fighting in 2000 to restrain militants. They include military checkpoints, a massive West Bank separation barrier, cumbersome inspections of Palestinian cargo at crossings into Israel and Jordan and the two-year closure of the Hamas-ruled Gaza Strip.In recent weeks, Israel recently eased restrictions, such as removing some major West Bank checkpoints, as part of Prime Minister Benjamin Netanyahu's offer of economic peace to the Palestinians.Netanyahu initially had hoped to focus peace moves on improving the quality of life in the West Bank. Only under heavy U.S. pressure has he reluctantly endorsed the concept of a demilitarized Palestinian state.The Palestinians say they won't settle for anything less than full statehood.They're also skeptical about Israel's economic promises, noting that ventures worth hundreds of millions of dollars, including plans to build a new city in the West Bank and establish a second cell phone provider, remain on hold because Israel has stalled on key permits.The Israeli restrictions still pose obstacles to the improvement of the economy,said Palestinian Prime Minister Salam Fayyad, an internationally respected economist.The IMF said Wednesday that economic conditions in the West Bank have started to improve. The report cited the easing of Israeli restrictions on internal trade in the West Bank, along with improved Palestinian security performance that has boosted investor confidence.Israel would need to remove the remaining restrictions on trade and movement within the West Bank to raise real GDP growth by as much as 7 percent this year, which would be the first significant increase in Palestinians' standard of living since 2006, the IMF said.
For solid growth to be sustained beyond 2009, trade restrictions between the West Bank and Israel would also need to be eliminated, said the IMF representative in the Palestinian territories, Oussama Kanaan.The Palestinian economy has largely sputtered since the outbreak of fighting in 2000.Under the current trade arrangements, Palestinian cargo is shipped back-to-back at Israeli crossing points, meaning it has to be unloaded from trucks, inspected and then loaded onto different vehicles to reach the final destination. The method drives up time and cost of shipping and makes deliveries unreliable.Netanyahu announced this week that opening hours at the cargo crossing between the West Bank and Jordan would be extended. Other government officials said Israel is also trying to find ways to limit waiting times for trucks at crossings to no more than 45 minutes.Netanyahu said he would also try to revive major economic projects, including two West Bank industrial parks sponsored by Germany and Japan. The projects have been stalled for years, and Israel acknowledged its bureaucracy shared the blame.International Mideast envoy Tony Blair said he discussed some of the projects with Netanyahu on Monday, including the fate of the new cell phone provider, Wataniyeh. The company has waited for more than a year for Israel to assign the necessary frequency channels.I hope that by the end of this month, we'll have a satisfactory conclusion,Blair told The Associated Press on Tuesday.
REVELATION 6:12-17
12 And I beheld when he had opened the sixth seal, and, lo, there was a great earthquake; and the sun became black as sackcloth of hair, and the moon became as blood;
13 And the stars of heaven fell unto the earth, even as a fig tree casteth her untimely figs, when she is shaken of a mighty wind.
14 And the heaven departed as a scroll when it is rolled together; and every mountain and island were moved out of their places.
15 And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;
16 And said to the mountains and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb:
17 For the great day of his wrath is come; and who shall be able to stand?
REVELATION 8:12-13
12 And the fourth angel sounded, and the third part of the sun was smitten, and the third part of the moon, and the third part of the stars; so as the third part of them was darkened, and the day shone not for a third part of it, and the night likewise.
13 And I beheld, and heard an angel flying through the midst of heaven, saying with a loud voice, Woe, woe, woe, to the inhabiters of the earth by reason of the other voices of the trumpet of the three angels,which are yet to sound!
REVELATION 16:21
21 And there fell upon men a great hail out of heaven, every stone about the weight of a talent:(80-120 LBS) and men blasphemed God because of the plague of the hail; for the plague thereof was exceeding great.
Space invaders: Asteroid belt has rocks from afar Wed Jul 15, 3:43 pm ET
WASHINGTON – A new astronomy theory says the solar system's main asteroid belt is littered with icy invaders from far away.The so-called invaders are asteroids that seem more like primitive frozen comets than the baked rocks that make up the overwhelming majority of asteroids between Mars and Jupiter.A theory proposed by scientists in the journal Nature suggests the icy rocks are contamination from the Kuiper (KY-per) asteroid belt beyond Neptune.When Saturn and Jupiter scooted farther from the sun nearly 4 billion years ago, the shock sent the tiny distant meteorites spraying about. Planetary scientist Hal Levison suggests some of these got stuck with the asteroids floating between Jupiter and Mars, while others bombarded Earth and the moon.
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.
Carlos weakens, Dolores strengthens in Pacific Thu Jul 16, 12:09 am ET
MEXICO CITY – Tropical Storm Dolores gained strength far off Mexico's Pacific coast Wednesday.Dolores' maximum sustained winds have increased to near 50 mph (72 kph), according to the National Hurricane Center in Miami, Florida.At 11:00 p.m. EDT (0300 GMT), Dolores was centered about 630 miles (1,015 kilometers) southwest of Baja California.The storm was moving northwest, out to sea, at about 14 mph (22 kph).
Tropical Storm Carlos also had winds of about 50 mph (72 kph), much further out in the Pacific.Carlos was located about 1,705 miles ( 2,740 kms) west-southwest of Baja California.The center said Carlos was moving west, out to sea, at about 12 mph (19 kph).
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.
Letter sent linked to Canadian pipeline bombings Wed Jul 15, 7:30 pm ET
DAWSON CREEK, British Columbia – A newspaper in British Columbia received a second letter Wednesday that appears to be from someone connected to a series of bombings targeting EnCana's natural gas operations.The Dawson Creek Daily News publisher said he had read the letter, but was waiting for guidance from police before revealing what it says.The Daily News was among local media outlets to receive another letter last October, a threatening, hand-written note that arrived shortly before the first of six explosions police recently labeled domestic terrorism.That first letter called EnCana and other oil and gas companies terrorists and demanded they stop their operations immediately.The letter was followed by three successive explosions in October, two of which caused leaks of sour gas, which contains toxic hydrogen sulfide.
There was a forth explosion in January.Earlier this month, two bombings exploded a few days apart, first on Canada's independence holiday on July 1 and again on July 4, Independence Day in the U.S.Publisher Dan Przybylski said the Dawson Creek Daily News will respect any concerns investigators have about publishing the letter.In this area, there's a lot riding on this,he said.The Royal Canadian Mounted Police confirmed it received the latest letter, but a spokesman said investigators weren't ready to reveal what it says.We're still analyzing the content and determining our next steps,said Sgt. Tim Shields.Shields expects the letter's contents will be made public at some point.An EnCana spokeswoman said the Calgary-based company hadn't seen the latest letter and couldn't comment.The RCMP's anti-terrorism unit has been investigating for the past nine months with more than 250 personnel working the case, but so far no one has been charged.Police haven't announced any substantial leads since last December, when they released a series of eight surveillance photos that apparently turned out to be a dead end.Police believe whoever is responsible for the explosions is from the local area.EnCana has offered a half-million-dollar reward for information in the case, and even set up a telephone line for the bomber to air any grievances, but no one has called.
Israel anti-missile system passes live fire test By STEVE WEIZMAN, Associated Press Writer – Wed Jul 15, 3:48 pm ET
JERUSALEM – A homegrown Israeli missile defense system performed well in its first live trial, bringing down a short-range rocket similar to those used by Palestinian and Lebanese militants, an Israeli Defense Minister official said Wednesday.Spokesman Shlomo Dror told The Associated Press that a missile from the Iron Dome system intercepted and destroyed a Grad rocket. He did not say when or exactly where the system was tested, but the Web site of local daily Yediot Ahronot said the trials were held during the past week.Dror said that while the missile's guidance and control systems have been tested several times in the past, this was the first trial under live battle conditions.The laser-based system is scheduled to be fully-operational by the end of next year.Palestinians in the Gaza Strip fired dozens of Grads, and hundreds of smaller homemade rockets, into southern Israel during a three-week Israeli offensive last winter. Dror said Iron Dome was equally effective against both types of rockets.The Grad is also similar to the Katyusha rockets used by the Lebanese Hezbollah militia, which fired almost 4,000 of them across Israel's northern border during fierce fighting in 2006.
Israel has been looking at anti-rocket systems since 2003 but put the search into high gear after the summer 2006 war.Developed at a cost of over $200 million, the Iron Dome system is intended to eventually be integrated into a multilayered defense umbrella to meet all missile threats.Its manufacturer, state-owned Rafael is also working with U.S. company Raytheon Co. to develop a system against medium-range missiles.To meet long-range threats, such as an Iranian attack, Israel Aerospace Industries Ltd. and Chicago-based Boeing Co. are producing the Arrow missile, which has been successfully tested and partially deployed.The most advanced version, the Arrow II, was specifically designed to counter Iran's Shahab ballistic missile, which is capable of carrying a nuclear warhead.The Shahab-3 has a range of up to 1,250 miles (2,000 kilometers), putting Israel well within striking distance.Israel sees Iran as its biggest threat, citing the country's nuclear program and its development of long-range ballistic missiles. Those fears have been compounded by Iranian President Mahmoud Ahmadinejad's repeated references to the destruction of the Jewish state.
WORLD GOVERNMENT
EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.
LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.
DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he 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.
DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
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.
REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.
We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950
Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.
London publicly supports Blair for EU president post
LUCIA KUBOSOVA Today JULY 16,09 @ 09:27 CET
Tony Blair would have London's full backing for the new post of EU president, UK's Europe minister confirmed, suggesting the well-known British ex-leader would be respected and generally welcomed.The British Labour leader has been mentioned as a possible candidate for the title since it first appeared in the European Constitution, which was later transformed into the Lisbon treaty.But this is the first time that London's position has been publicly announced by a government minister.The UK government is supporting Tony Blair's candidature for president of the Council [of EU governments], Lady Kinnock, Britain's Europe minister, told journalists in Strasbourg on Wednesday (15 July).She argued that Mr Blair had the strength of character and status to take on the job, adding: People know who he is, and he could step into this new role with a lot of respect and he would be generally welcomed.When asked whether the British government had discussed the issue with Mr Blair, Lady Kinnock replied: It is the government's position. I am sure they would not do that without asking him.Tony Blair, Britain's prime minister for 10 years, is currently working as an international peace envoy to the Middle East while also serving as an advisor to insurance firm Zurich and investment bank JP Morgan.In reaction to the statement by Lady Kinnock, Mr Blair's spokesman told the BBC: As we have said, time and again on this, there is nothing to be a candidate for since the job doesn't actually exist.The creation of a new EU president post - to be held for two and a half years and partly replace the current six-month rotating chairmanship of the bloc's member states – currently depends on the outcome of the second referendum on the Lisbon Treaty in Ireland on 2 October, following a negative verdict by the Irish last year.
The latest polls suggest that the country, strongly affected by the current global financial and economic crisis, may approve the EU's new treaty.The full tasks and responsibilities of President of the European Council – as the official title reads - are not yet clear: he or she will mainly be chairing the summits of national leaders and work closely with the EU foreign minister, another post created by the new treaty.Whether the role of the EU president will be merely administrative or something more powerful is likely to be determined by the first appointee to the job.
Mr Blair is a controversial candidate due to his support for the Iraq. He has in the past been publicly supported by Paris but is thought to be strongly opposed by German chancellor Angela Merkel. A President Blair is also opposed by Fredrik Reinfeldt of Sweden and Jose Luis Rodriguez Zapatero of Spain, leaders of the current and next EU presidency countries.Another candidate mentioned most often and thought to enjoy backing by Berlin and Paris is Luxembourg's prime minister and veteran of the EU stage, Jean-Claude Juncker.But French media recently reported that French president Nicolas Sarkozy has switched his support to former Spanish socialist prime minister Felipe Gonzalez, 67, who currently heads a group of EU's "wise men" discussing the bloc's future shape.
Green Global Government Agenda Becoming More Evident
Daniel Taylor Old-thinker News July 15, 2009
What if a small group of world leaders were to conclude that the principal risk to the Earth [environment] comes from the actions of the rich countries?… So, in order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring that about? This group of world leaders form a secret society to bring about an economic collapse. – Maurice Strong, May, 1990 interview with West Magazine describing a novel that he would like to write.These candid comments from Maurice Strong, the first director of the United Nations Environmental Program, carry an especially eerie tone in the context of recent events.Daniel Estulin, who has been chasing Bilderberg for many years, covered the 2006 meeting held in Ottawa Canada. Bilderberg attendees have included Heads of State, Mayors, business leaders, and members of the press. Investigative journalist Jim Tucker confirmed that Secretary of Treasury Timothy Geithner attended the 2009 meeting in Athens, Greece.Estulin’s sources within Bilderberg 2006 told him that …what they [Bilderberg] are going to do over the next year, year and a half is to bring the market back up to its 1998, 1999 levels, they’re going to get all the suckers to invest what little money they have left over, and that’s when they’re going to make the economy’s bottom drop out…Indeed, this scenario did play out in the year that followed as Estulin’s Bilderberg sources told him.
Out of the economic and [supposed] environmental catastrophes that we face, global governance is being presented as a solution. Whether or not the global elite did in fact engineer the current economic crisis, which evidence does point toward, it is being used as a catalyst to launch a host of globalist initiatives. In March of 2007, Old-Thinker News reported on the desire of globalist foundations and interests to construct a system of global governance to fight global warming. Since then, the interests pushing the theory of man made global warming and the radical solutions that accompany it have provided more insight on exactly what is being planned.In 2006 Richard Haass, the current president of the Council on Foreign Relations, stated in his article State sovereignty must be altered in globalized era,that a system of world government must be created and sovereignty eliminated in order to fight global warming.Moreover, states must be prepared to cede some sovereignty to world bodies if the international system is to function,says Haass.Globalization thus implies that sovereignty is not only becoming weaker in reality, but that it needs to become weaker. States would be wise to weaken sovereignty in order to protect themselves… Economic instability and terrorism are also cited by Haass as reasons for weakened national sovereignty.Al Gore, who has been positioned as a main figurehead in the global warming movement, recently commented that the Waxman-Markey climate bill – which is set to dramatically increase consumer costs and taxes – is a positive step towards global governance.Simon Linnett, Executive Vice-Chairman of Rothschild Bank, has also called for the creation of a new international body that would regulate and tax CO2. Linnett writes for the Telegraph, mirroring Richard Haass’s comments,A key implication of creating a legal yet global system of trading, is the loss of sovereignty it implies. Governments must be prepared to allow some subordination of national interests to this world initiative, on the issue of emissions. This need not mean a new system of government, above individual nations.The European nations already do this, on certain issues, yielding sovereignty to the EU. And in time, the EU itself will eventually have to yield to a larger body – one which includes the economic powerhouses of India and China.As President Obama himself has admitted, cap and trade systems and carbon taxes will pass on costs to consumers. Linnet threatens that,When an individual receives an electricity bill, they will come to know what the cost of turning on the gas or a light was to the environment.Linnet proposes that carbon trading could become the reserve currency of the world…, and concludes by saying that emissions trading could establish a new world order for a sustainable planet…That a Rothschild Bank Vice-Chairman would be proposing such measures might be surprising to some, but could well meaning environmentalists be in for a shock to find that a seemingly grass roots movement has been initiated from the top down?
In early 2009, Exxon Mobil announced its support of carbon taxes. As the Calgary Herald reports,Exxonmobil corp., the world’s largest crude oil refiner, supports taxing carbon dioxide as the most efficient way of curbing greenhouse gas emissions, its chief executive said.The announcement came from Rex Tillerson, CEO of Exxon Mobil, speaking at the Woodrow Wilson International Center for Scholars in Washington, which has served as a platform for discussing various globalist initiatives for many years.A May 2008 article from the International Herald Tribune painted a glowing picture of the Rockefeller family – who built the Standard Oil empire, later to emerge as Exxon – in their quest to press for change at Exxon. As reported, David Rockefeller, retired chairman of Chase Manhattan Bank and patriarch of the family, issued a statement saying,I support my family’s efforts to sharpen Exxon Mobil’s focus on the environmental crisis facing all of us.Ultimately, the world faces an unprecedented transfer of power and wealth to new global bodies. The economic destruction taking place in the United States is draining the wealth creating capacity that we once had. Political commentator Pat Buchanan recently stated on MSNBC,more and more scientists are coming forward to say this [man-made global warming] is a hoax and a scam which is designed to transfer wealth and power from the private sector to the government sector and from the government of the United States to a world government.
Calls for new world order at NAM summit by Samer al-Atrush Samer Al-atrush – Wed Jul 15, 3:21 pm ET
SHARM EL-SHEIKH, Egypt (AFP) – More than 50 heads of state from the developing world met Wednesday in Egypt to tackle the fallout from the global economic meltdown, with calls for a new world order to prevent a repeat of the crisis.Cuban President Raul Castro said in a speech at the opening session of the Non-Aligned Movement summit that the financial crisis had hit developing nations the hardest.Every country in the world must seek just solutions to the global economic crisis,Castro told the 118-member body at the gathering in the Red Sea resort of Sharm el-Sheikh.We call for a new monetary and economic world order... we must restructure the world financial system to take into consideration the needs of developing countries.Global power dynamics also need to be addressed, Libyan leader Moamer Kadhafi said, demanding a restructuring of the UN Security Council which he branded a form of terrorism monopolised by a few countries that are permanent members.This represents a danger toward international peace. We have suffered all sorts of harm from the Security Council, it has become a sword over our necks,he said. The Security Council is terrorism.Kadhafi said he wanted to correct the imbalance at the Security Council, demanding a permanent seat for the 53-member African Union, which he chairs.
India said members should play a bigger role on the world stage.
Decision-making processes, whether in the United Nations or the international financial institutions continue to be based on charters written more than 60 years ago, though the world has changed greatly since then,Prime Minister Manmohan Singh said.Developing countries must be fully represented in the decision-making levels of international institutions,Singh said.But the developing world's military ambitions looked set to steal the summit limelight, with nuclear-armed South Asian foes India and Pakistan to hold talks on Thursday aimed at relaunching stalled peace talks.
Pakistani Prime Minister Yousuf Raza Gilani expressed optimism that relations with India were headed on the right track.There has recently been some forward movement in our relations with India, Gilani said.We hope to sustain this momentum and move towards comprehensive engagement. We believe durable peace in South Asia is achievable,he said.New Delhi and Islamabad's fraught relations deteriorated after terror attacks in the Indian commercial capital Mumbai in November last year which killed 166 people.The attacks were blamed by India on the banned Pakistani militant group Lashkar-e-Taiba, and Pakistan has acknowledged they were partially planned on its soil.Indian foreign secretary Shiv Shankar Menon has been holding talks with his Pakistani counterpart Salim Bashir since Tuesday in preparation for the meeting between Singh and Gilani.Menon told a press conference Wednesday night that the talks were continuing. We have had good detailed discussions. We are still in the process of talking to each other,he said. Singh has voiced hope that Pakistan will promise action against those behind the attacks when he meets Gilani for only the second high-level contact between the two sides since the Mumbai bombings.
Pakistan has said that it would probably put the five accused of involvement in the attacks on trial next week. The attacks left in tatters a fragile peace process launched in 2004 to resolve all outstanding issues of conflict, including a territorial dispute over the divided Himalayan territory of Kashmir. India, along with host Egypt, is one of the founding members of the NAM, the largest grouping of countries outside of the United Nations, aimed at giving a voice to the developing world.Founded in 1955, NAM's 118 member states represent around 56 percent of the global population. NAM states consider themselves not formally aligned with or against any major power bloc.
EIB loans flow through tax havens, say NGOs
TERESA KÃœCHLER Today JULY 16,09 @ 09:38 CET
Despite harsh words and threats of tough sanctions against tax dodgers, EU-funded development projects in the third world are run by companies registered in tax havens. This costs developing countries millions in much needed tax revenues and leads to capital flight and lack of transparency, a study by bank-monitoring NGOs says.The EU wants to clamp down on tax dodgers, but the union's development monies end up in the pockets of dodgiest ones, say NGOs (Photo: Stately Payday Loan/Wikipidea)The study, Flying in the face of development- How European Investment Bank loans enable tax havens, released on Wednesday (15 July), says projects and beneficiaries funded by the European Investment Bank (EIB), the EU's house bank, involve tax havens, and multinational companies that use them for tax purposes.
According to the group Counter Balance, composed of seven European NGOs that track the EIB's activities, the bank is particularly unconvincing when handing out so-called global loans – loans provided on trust to Europe's biggest banks, the largest users of tax havens. The EIB does not have much overview of what they [the banks] then do with the money, and several of the banks have earlier been in the spotlight for conducting business through tax havens," Marta Ruiz, a policy officer from the European Network for Debt and Development (EURODAD) and author of the study, told this website.The current EIB monitoring system suggests that banks or companies that receive loans report against themselves if they detect any signs of shady business, the report states.Furthermore, the EIB's sanctions against companies caught evading tax are weak. There is no naming and shaming of companies excluded from finance, and no debarment from tendering for other EIB projects unless sentenced with a criminal conviction.
EU development goals?
The EIB is the world's largest public international financial institution, but also the least known and, according to critics, least transparent of the EU institutions. One of the things it does is implement the EU's development cooperation strategies.
The EIB will, for example, allocate €2 billion to support Africa in the context of the financial crisis over the next three years, mainly for investments in infrastructure, energy projects and the financial sector. Policy analyst Marta Ruiz explained that often the beneficiary of a project funded by the EIB in Africa is a multinational corporation that sets up a subsidiary in a tax haven like Mauritius.
The company operates in a third country with which Mauritius has a tax agreement, stating that Mauritian companies pay their taxes at home, and not in the country where the project is based.The companies then pay no taxes but only a nominal fee to Mauritius for the home address, and extract between 20 and 30 percent of return on investment.This is like giving development countries money with one hand, and then taking it away with the other,Ms Ruiz said According to charity War on Want, tax avoidance and capital flight alone cost Africa five times what it receives in aid in each year, money that would have enabled governments to fund vital public services such as health care, education and clean water.There is however growing international pressure to outlaw tax havens, in order to reform the world's battered financial system. At the G20 meeting this spring, world leaders announced that sanctions would be taken against countries which continued to give haven to tax evaders. The writing is on the wall for tax havens wherever they may be,UK prime minister Gordon brown said in a joint press conference with French president Nicolas Sarkozy.
An EU institution, but also a bank
An EIB official said it is not odd that the EU's house bank works with big banks or other intermediaries like private equity funds. The EIB only gives direct loans to projects involving sums over €25 million. In order to apply smaller loans, such as loans to SME's, the EIB goes through middlemen, such as banks or other funds. But these are loans. We naturally want the money back, and therefore we have an interest in asking for full reports from the investors we lend money to,the official stated. But he added that the EIB is currently looking at how to improve back-reporting procedures.He underlined that those who receive EIB monies for projects have to fulfil with all possible criteria set out in the EU's development goals.But people fail to understand that even though the EIB is an EU institution, it is also a bank, and as such, has to act according to secrecy and business rules for banks, he said.
Some political camps, NGOs, faith groups and activists are ideologically opposed to opening up EU development to commercial interests, and to the fact that private banks and companies borrow public money at low interest rates in order to make profits on EU development projects.But proponents of this path argue that only by taking the industry and business world onboard in the fight against poverty, with their capital, expertise and a sense for multiplying cash and creating growth, can development and aid in poor countries be efficient. However, if there is suspicion that the actors who carry out EU development policies consider tax evasion a legitimate part of their business, Brussels may have to do some explaining even to those convinced by the public-private partnership model.EIB president Philippe Maystadt last month announced that the bank would tighten its rules on lending to companies in offshore financial centres, with a revised policy likely to require firms to move out of offshore financial centres if they want an EIB loan. The EIB is committed to ensuring that its loans are used for the purposes intended, the promotion of European Union priority objectives, Mr. Maystadt said.The Luxemburg-based bank is also expected to release new transparency rules later this year.
SIGN VACCINE PREVENTION RIGHTS PETITION
http://www.healthfreedomusa.org/?page_id=184
HEALTH FREEDOM USA
http://www.healthfreedomusa.org/
PAT ROBERTSON SAYS STOP THIS DANGEROUS HEALTHCARE BILL,1000 PAGES UP TO $3 TRILLION TO BE WASTED ON THIS BILL THAT WAS DREAMED UP BY LIBERALS OVER YEARS.
CBN ON HEALTHCARE BILL (VOTE IT DOWN NOW)
http://www.cbn.com/media/index.aspx?s=700club
http://www.cbn.com/cbnnews/politics/2009/July/Senate-Health-Committee-Okays-Revamp-/
Health Care Bill Will Fund State Vaccine Teams to Conduct Interventions in Private Homes Thursday, July 16, 2009 By Terence P. Jeffrey, Editor-in-Chief
President Barack Obama announces Kansas Gov. Kathleen Sebelius, left, as his nominee for Health & Human Services Secretary, Monday, March 2, 2009, in the East Room at the White House in Washington. (AP Photo/Ron Edmonds)(CNSNews.com) - There is a knock at the front door. Peeking through the window, a mother sees a man and a woman, both in uniform. They are agents of health-care reform.Excuse me, ma’am, says the man. Our records show that your eleven-year-old daughter has not been immunized for genital warts.And your four-year-old still needs the chicken-pox vaccine,says the woman.He will not be allowed to start kindergarten unless he gets that shot, you know, says the man—smiling from ear to ear.So, can we please come in? asks the woman.We have the vaccines right here,she says, lifting up a black medical bag. We can give your kids the shots right now.
We are from the government,says the man, and we’re here to help.
Is this a scene from the over-heated imagination of an addlepated conspiracy theorist? Or is it something akin to what is actually envisioned by the health-care reform bill approved this week by the Senate Health, Education, Labor and Pension Committee.The committee’s official summary of the bill says: Authorizes a demonstration program to improve immunization coverage. Under this program, CDC will provide grants to states to improve immunization coverage of children, adolescents, and adults through the use of evidence-based interventions. States may use funds to implement interventions that are recommended by the Community Preventive Services Task Force, such as reminders or recalls for patients or providers, or home visits.
Home visits? What exactly is the state going to do when it sends people to implement interventions in private homes designed to improve immunization coverage of children?
The draft of the bill posted on the committee Web site provides more details.Title III of the bill is entitled, Improving the Health of the American People.It includes four subtitles. They are: Subtitle A: Modernizing Disease Prevention of Public Health Systems,Subtitle B: Increasing Access to Clinical Preventive Services,Subtitle C: Creating Healthier Communities,and Subtitle D: Support for Prevention and Public Health Information.The program authorizing home interventions to promote immunizations falls under Subtitle C: Creating Healthier Communities.This subtitle directs the secretary of health and human services to establish a demonstration program to award grants to states to improve the provision of recommended immunizations for children, adolescents, and adults through the use of evidence-based, population-based interventions for high-risk populations.The bill lists eight specific ways that states may use federal grant money to carry out immunization-promoting interventions.Method E calls for home visits which can include provision of immunizations.
Says the draft bill: Funds received under a grant under this subsection shall be used to implement interventions that are recommended by the Task Force on Community Preventive Services (as established by the secretary, acting through the Director of the Centers for Disease Control and Prevention) or other evidence-based interventions, including—(A) providing immunization reminders or recalls for target populations of clients, patients, and consumers; (B) educating targeted populations and health care providers concerning immunizations in combination with one or more other interventions; (C) reducing out-of-pocket costs for families for vaccines and their administration; (D) carrying out immunization-promoting strategies for participants or clients of public programs, including assessments of immunization status, referrals to health care providers, education, provision of on-site immunizations, or incentives for immunization;(E) providing for home visits that promote immunization through education, assessments of need, referrals, provision of immunizations, or other services; (F) providing reminders or recalls for immunization providers;(G) conducting assessments of, and providing feedback to, immunization providers; or (H) any combination of one or more interventions described in this paragraph.Many vaccines routinely administered to children in the United States are utterly uncontroversial. But in recent years there have been controversies about the chicken pox vaccine and the vaccine for HPV, which causes genital warts, which can cause cervical cancer.On March 15, 2007, Bloomberg news summarized a study published in the New England Journal of Medicine, which discovered that the chicken pox vaccine does not provide permanent protection against chicken pox, leaving children who have been immunized vulnerable to getting ill with the virus later in life when it can cause a more serious bout of the disease.Merck & Co.'s chickenpox vaccine weakens as children age, possibly leaving them vulnerable to a more serious infection as adults, a U.S.-sponsored study in California found,” reported Bloomberg.The power of the vaccine, Varivax, the only one available in the United States against chickenpox, starts to fade after five years, according to the study in today's New England Journal of Medicine. The results suggest that children should get a second dose, which advisers to the Centers for Disease Control and Prevention recommended in June.
Bloomberg quoted the study as saying,Waning immunity is of particular public health interest because it may result in increased susceptibility later in life, when the risk of severe complications may be greater than that in childhood.In March of this year, the Washington Post reported about the controversy sparked when the Merck pharmaceutical company campaigned to have states mandate that school girls receive Gardasil, its vaccine against HPV.Merck also began an ambitious marketing campaign and lobbying push to persuade states to add the vaccine to the list of those required for children to attend school,reported the Post.But the company eventually abandoned the strategy in the face of an intense backlash from critics who argued that the decision should be left to parents. Although many states considered such mandates, so far only Virginia and the District have imposed one, and [a Merck official] said the company has no plans to pursue that strategy again.The Post's report noted that at least some experts questioned the wisdom of promoting use of the vaccine when its long term impact is still unknown.Federal health officials, Merck and others say they are confident that the vaccine is safe,reported the Post.But some experts said they are concerned that there is insufficient evidence about how long Gardasil's protection will last, whether serious side effects will emerge and whether the relatively modest benefits for boys are worth even the small risks associated with any vaccine.
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
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
HALF HOUR DOW RESULTS THU JULY 16,2009
09:30 AM -2.22
10:00 AM +24.96
10:30 AM -0.60
11:00 AM +15.72
11:30 AM -9.44
12:00 PM -2.11
12:30 PM +11.39
01:00 PM +3.18
01:30 PM -7.48
02:00 PM +29.48
02:30 PM +44.52
03:00 PM +74.29
03:30 PM +79.28
04:00 PM +95.61 8711.82
S&P 500 940.74 +8.06
NASDAQ 1885.02 +22.13
GOLD 937.80 -1.60
OIL 62.05 +0.51
TSE 300 10,296.87 +81.41
CDNX 1097.80 +15.25
S&P/TSX/60 624.56 +6.19
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -1.83%
S&P +3.26%
Nasdaq +18.13%
TSX Advances 1,120,declines 415,unchanged 264,Volume 2,298,595,286.
TSX Venture Exchange Advances 486,Declines 291,Unchanged 388,Volume 316,083,255.
Dow -11 points at 4 minutes of trading today.
Dow -28 points at low today.
Dow +42 points at high today so far.
GOLD opens at $937.00.OIL opens at $60.57 today.
AFTERNOON,NEWS,STATS
Dow -28 points at low today so far.
Dow +42 points at high today so far.
DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 1,685,declines 1,821,unchanged 134,New Highs 29,New Lows 42.
Volume 2,470,241,635.
NASDAQ Advances 1,125,declines 1,377,unchanged 129,New highs 31,New Lows 10.
Volume 872,879,727.
TSX Advances 663,declines 568,unchanged 298,Volume 762,984,152.
TSX Venture Exchange Advances 284,Declines 234,Unchanged 309,Volume 126,893,376.
WRAPUP,NEWS,STATS
Dow -28 points at low today.
Dow +127 points at high today.
Dow +1.11% today Volume 216,509,410.
Nasdaq +1.19% today Volume 1,979,147,983.
S&P 500 +0.86% today Volume N/A
Asia stocks rise as China growth buoys confidence By JEREMIAH MARQUEZ, AP Business Writer JULY 16,09
HONG KONG – Asian stocks jumped Thursday after China's economic growth quickened and U.S. companies posted stronger-than-expected results, boosting faith in a global recovery.The move higher followed a rally on Wall Street and marked the region's third straight day of gains after a string of losses amid anxiety the market had overestimated the economy's prospects and earnings season would disappoint.But worst-case fears about U.S. earnings haven't played out, at least not yet.Intel Corp., the world's biggest chipmaker, helped confidence with better-than-expected results and a robust forecast for the second-half of the year. The news came after Goldman Sach Group Inc.'s quarterly profit comforted investors the day before.China, meanwhile, said its economy accelerated in the second quarter, expanding by 7.9 percent, amid a surge in consumer spending and factory output on the back of massive government stimulus measures.Analysts said the quicker expansion, above most market forecasts, put the world's third-largest economy within reach of the government's 8 percent full-year growth target. It offered yet more assurances for global investors who, thrilled by China's ability to keep its economy growing as other countries slump, have already driven Shanghai's stock market up nearly 75 percent this year.
This should give people confidence that China's economy is on strong footing and that there are a lot better days ahead,said Alan Landau, Hong Kong-based president of Marco Polo Pure Asset Management, which oversees about $120 million in mostly mainland Chinese equities.All the signs point to expansion in China. Sentiment is very positive toward China. Where else in the world right now can you find that kind of growth? Every major benchmark was green, though many traded off their highs by the afternoon as caution began to set in after U.S. market futures dropped and struggling U.S. lender CIT Group Inc. headed for bankruptcy.Japan's Nikkei 225 stock average gained 74.91 points, or 0.8 percent, to 9344.16 and Hong Kong's Hang Seng was up 223.83, or 1.2 percent, at 18,482.28.South Korea's Kospi added 0.8 percent to 1,432.22. Australia's index advanced 1.8 percent, India's Sensex was up 0.2 percent and Singapore's stock measure was higher by 0.7 percent.In mainland China, the Shanghai benchmark was unable to hold its advanced, losing 0.2 percent to 3,183.74.Among the day's best performing stocks, Mazda surged 6.2 percent in Tokyo on news Toyota may providing its key hybrid technology in a tie-up.On Wall Street Wednesday, markets surged with investors cheered by earnings, as well as a more positive assessment of the economy from the U.S. Federal Reserve and manufacturing figures that pointed to an easing in the recession.The Dow jumped 256.72, or 3.1 percent, to 8,616.21, its biggest gain since March 23.U.S. futures pointed to losses Thursday, however. Dow futures were down 5, or 0.1 percent, at 8,538 and S&P futures were off 3, or 0.3 percent, at 923.70.Oil prices were steady in Asian trade, with benchmark crude for August delivery up 11 cents at $61.65 a barrel. The contract surged $2.02 overnight, taking its cue from Wall Street.The dollar weakened to 93.85 yen from 94.23 yen. The euro fell to $1.4062 from $1.4099.
Oil holds above $61 on positive US Fed news By ALEX KENNEDY, Associated Press Writer -JULY 16,09
SINGAPORE – Oil prices hovered above $61 a barrel Thursday in Asia after a more positive economic outlook from the U.S. central bank buoyed investor confidence.
Benchmark crude for August delivery was down 6 cents to $61.47 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract added $2.02 to settle at $61.54.Oil surged Wednesday on signs from the Federal Reserve that the U.S. economy may be performing better than expected.
The Fed said industrial companies cut production far less in June than they had in previous months, and the central bank's minutes from its meeting last month showed it now expects the economy to contract at a slower pace than previously thought.Oil had dropped to $58.78 a barrel last week from $73.38 on June 30 on investor concern that the global economy will emerge from recession slower than expected.The degree of short-run panic needed to stay below $60 has to be very considerable, Barclay's Capital said in a weekly energy report.The situation would have to be weakening to a significant degree. That does not appear to be happening.Stock investors, inspired by the Fed news and an upbeat outlook from chip maker Intel Corp., sent the Dow Jones industrial average up 3.1 percent on Wednesday.Meanwhile, signs of weak U.S. crude demand weighed on prices. The Energy Information Administration said Wednesday that the country's supply of crude oil dropped more than expected last week, falling by 2.8million barrels.Inventories have dropped 13.2 million barrels during the last four weeks.In other Nymex trading, gasoline for August delivery was steady at $1.70 a gallon and heating oil held at $1.58. Natural gas for August delivery slid 2.2 cents to $3.26 per 1,000 cubic feet.In London, Brent prices fell 7 cents to $63.02 a barrel on the ICE Futures exchange.
In Egypt, Non-Aligned nations focus on meltdown By SARAH EL DEEB, Associated Press Writer – Wed Jul 15, 10:41 pm ET
SHARM EL-SHEIK, Egypt – Cuba's president on Wednesday called for an international financial system that better takes into account developing countries' interests, as the global recession captured the spotlight at a summit of non-aligned nations.Raul Castro's remarks at the opening session of the two-day Non-Aligned Movement's meeting in this Red Sea resort were echoed by other leaders and build on earlier discussions among officials from the 118-nation grouping of mostly of African, Asian and Latin American nations.We demand the establishment of a new international financial and economic structure that relies on the participation of all countries, Castro said, ahead of handing over the movement's presidency to Egypt.There must be a new framework that doesn't depend solely on the economic stability and the political decision of only one country,the Cuban leader said, apparently referring to the United States.The new system must give developing countries preferential treatment, he said without elaborating.As the global meltdown roiled world markets, erasing trillions in dollars in individual, corporate and government wealth, calls have mounted for greater market regulation and a shift from the use of the dollar as the main foreign reserve currency. Developing nations have argued that their growth and stability is being undercut by a crisis in which they had no part in creating.This crisis, the worst in living memory, emanated from the advanced industrial economies, but the developing economies, the members of our movement, have been the hardest hit, said Indian Prime Minister Manmohan Singh.U.N. Secretary-General Ban Ki-moon said the economic crisis has revealed the need to improve the international financial architecture, so we may see the developing world and emerging powers gain more of a say in that realm.The call by Castro, whose country has been under U.S. sanctions for decades, followed similar demands by the movement's foreign ministers and senior officials who stressed after four days of meetings here that joint action was needed to ward off the global meltdown's impact.The summit's draft declaration also calls for the group to coordinate with China — attending the summit as an observer — to have their voices heard at international financial institutions like the International Monetary Fund and the World Bank.
The movement — born in the 1950s as a group of nations allied neither with the U.S. nor the Soviet Union — has lost much of its relevance with the end of the Cold War. Over the past two decades, it has become a forum in which developing nations meet to complain.Egyptian President Hosni Mubarak, in his address, recognized the challenge facing the movement's founding principles, saying the group must work closely with developed nations to address the world's biggest problems, such as terrorism and financial instability.But some of the group's members — such as India and Saudi Arabia — have gained considerable economic clout, and that influence has not been lost on the West.As the movement's members met in Egypt for their 15th gathering, U.S. Treasury Secretary Timothy Geithner was in the United Arab Emirates on the second leg of a Mideast visit during which he stressed on the need for joint effort to rebuild a more stable global economic foundation.Geithner's trip, which began in OPEC powerhouse Saudi Arabia, was a clear reflection of the growing financial strength of the six-nation Gulf Cooperation Council. As a whole, that bloc is the U.S.'s second biggest creditor after China.The prime ministers of nuclear powers Pakistan and India, meanwhile, were expected to meet on the summit's sidelines. The two met in Russia last month for the first time since the Mumbai terror attacks last year but made little headway in defusing tension in their relations.India blamed Pakistan-trained militants for the attacks, which killed 166 people, and has accused Pakistan of dragging its feet in punishing those suspected of planning the three-day siege.Pakistan has rejected the accusations and announced Sunday that the trial of five men accused in the attacks will likely start next week. You need evidence for the courts. It is an ongoing process. One day is not the make or break of things," Nawabzada Malik Amad Khan, the Pakistani minister of state for foreign affairs, told reporters at the summit.The two countries' foreign secretaries met for 90 minutes on the sidelines of the summit meeting Tuesday night, apparently to prepare for Wednesday's meeting of the two prime ministers, according to a diplomat familiar with the meeting. He spoke on condition of anonymity because he was not authorized to speak to the media.Khan said Pakistan is going into the meeting with open arms.This kind of estrangement won't do much good for us or them,he said.
US treasury chief in UAE to drum up support By ADAM SCHRECK, AP Business Writer – Wed Jul 15, 11:24 am ET
ABU DHABI, United Arab Emirates – U.S. Treasury Secretary Timothy Geithner pressed ahead with his sales pitch to Gulf Arab nations Wednesday, telling oil-rich Mideast allies Washington is committed to keeping the dollar strong and promoting sustainable growth as the world pulls out of recession.Geithner's comments in the United Arab Emirates capital Abu Dhabi came on the second leg of a two-day trip to the Middle East, where he is seeking to convince Arab leaders on the Obama administration's efforts to fix the U.S. economy.We want to rebuild a stronger foundation for more balanced growth globally,Geithner said after a closed-door meeting about education and economic development with UAE Foreign Trade Minister Sheikha Lubna al-Qasimi and other officials. We need to make sure as we emerge from this crisis we're not sowing the seeds of imbalances that will lead to future crises.Geithner's visit to the UAE, the second largest Arab economy after Saudi Arabia, came a day after he met with Saudi King Abdullah and businessmen in the kingdom. The UAE, which is the end of the Mideast tour, is also home to the Persian Gulf commercial and financial hub, Dubai.
A key aim of the trip, which follows a series of overtures to the Middle East by President Barack Obama, is to reassure major oil producers in the six-nation Gulf Cooperation Council that America still welcomes their business and will safeguard the value of the dollar and their vast U.S. investments by forging a way out of the financial crisis.The UAE and the GCC countries have played an important stabilizing role (in the global economy). You've seen them intervene in support of U.S. banking institutions,said Nasser Saidi, chief economist of the Dubai International Financial Center. What we need to see is a recognition of the important role of the GCC on the international level.The Gulf states' wealth skyrocketed during oil's earlier boom years, adding to their political clout in the process. But leaders in the region have grown increasingly concerned in recent months as crude prices and the value of their investments soured.Five of the Gulf Cooperation Council nations — Saudi Arabia, the UAE, Oman, Bahrain and Qatar — peg their currency to the dollar. Kuwait uses a basket of currencies that includes the greenback.In an interview with Arab-language news network Al Arabiya, Geithner said the U.S. would work to ensure the strength of the dollar.It is the policy of the United States and it will remain the policy of the United States to remain committed to a strong dollar,he said.
My view, and this is the view I heard expressed here, is the dollar ... will remain the principal reserve currency,he added.As a group, Gulf governments hold more than $400 billion worth of U.S. investments, making them second only to China as America's biggest creditor, Saidi said.Income from foreign assets in terms of investment positions is becoming as important as income from oil. People tend to forget that, Saidi said.Geithner's schedule in the UAE included meetings with the crown prince, the head of the central bank and the country's deputy finance minister.The treasury secretary also held talks with top officials from some of the sheikdom's sovereign wealth funds, which have invested billions of dollars in U.S. companies such as Citigroup Inc. From the UAE, he heads to Paris.Gulf countries are very important as investors, even though they don't have that much money to spend this year because of lower oil prices, said Eckart Woertz, program manager for economics at the Gulf Research Center in Dubai.That's a large part of why he's coming.
IMF: West Bank economy can grow if Israel eases up By KARIN LAUB, Associated Press Writer - Wed Jul 15, 6:01 am ET
RAMALLAH, West Bank – The West Bank economy could post its strongest performance in years in 2009, but only if Israel broadens recent efforts to ease restrictions on Palestinian trade and movement, the International Monetary Fund said Wednesday, offering a rare upbeat assessment after years of downturn.The growth, projected to be as high as 7 percent, could further stabilize the West Bank, bolster U.S.-led peace efforts and ease the financial burden on the international community. Donor countries spent some $1.8 billion in 2008 alone to cover the Palestinian government's deficit, in part to make up for a stagnant economy.Donor countries have repeatedly urged Israel to scale back a series of restrictions imposed after the outbreak of Israeli-Palestinian fighting in 2000 to restrain militants. They include military checkpoints, a massive West Bank separation barrier, cumbersome inspections of Palestinian cargo at crossings into Israel and Jordan and the two-year closure of the Hamas-ruled Gaza Strip.In recent weeks, Israel recently eased restrictions, such as removing some major West Bank checkpoints, as part of Prime Minister Benjamin Netanyahu's offer of economic peace to the Palestinians.Netanyahu initially had hoped to focus peace moves on improving the quality of life in the West Bank. Only under heavy U.S. pressure has he reluctantly endorsed the concept of a demilitarized Palestinian state.The Palestinians say they won't settle for anything less than full statehood.They're also skeptical about Israel's economic promises, noting that ventures worth hundreds of millions of dollars, including plans to build a new city in the West Bank and establish a second cell phone provider, remain on hold because Israel has stalled on key permits.The Israeli restrictions still pose obstacles to the improvement of the economy,said Palestinian Prime Minister Salam Fayyad, an internationally respected economist.The IMF said Wednesday that economic conditions in the West Bank have started to improve. The report cited the easing of Israeli restrictions on internal trade in the West Bank, along with improved Palestinian security performance that has boosted investor confidence.Israel would need to remove the remaining restrictions on trade and movement within the West Bank to raise real GDP growth by as much as 7 percent this year, which would be the first significant increase in Palestinians' standard of living since 2006, the IMF said.
For solid growth to be sustained beyond 2009, trade restrictions between the West Bank and Israel would also need to be eliminated, said the IMF representative in the Palestinian territories, Oussama Kanaan.The Palestinian economy has largely sputtered since the outbreak of fighting in 2000.Under the current trade arrangements, Palestinian cargo is shipped back-to-back at Israeli crossing points, meaning it has to be unloaded from trucks, inspected and then loaded onto different vehicles to reach the final destination. The method drives up time and cost of shipping and makes deliveries unreliable.Netanyahu announced this week that opening hours at the cargo crossing between the West Bank and Jordan would be extended. Other government officials said Israel is also trying to find ways to limit waiting times for trucks at crossings to no more than 45 minutes.Netanyahu said he would also try to revive major economic projects, including two West Bank industrial parks sponsored by Germany and Japan. The projects have been stalled for years, and Israel acknowledged its bureaucracy shared the blame.International Mideast envoy Tony Blair said he discussed some of the projects with Netanyahu on Monday, including the fate of the new cell phone provider, Wataniyeh. The company has waited for more than a year for Israel to assign the necessary frequency channels.I hope that by the end of this month, we'll have a satisfactory conclusion,Blair told The Associated Press on Tuesday.
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